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Group16 SDM SecA PDF
Group16 SDM SecA PDF
Group16 SDM SecA PDF
Personal Selling
Prospecting
Pre-
Pre-sale approach
preparation before the
interview
Follow up Approach to
action the customer
Handling
Customer
Objections
Before planning a sale, a salesperson conducts research to identify the people or companies
that might be interested in her product. This step is called prospecting, and it’s the foundational
step for the rest of the sales process. A lead is a potential buyer. A prospect is a lead that is
qualified or determined to be ready, willing, and able to buy.
It is much more fruitful to invest time with a qualified prospect, one who has the desire or
ability to buy the product or service. The definition of sales prospecting is when inside sales
reps make outbound calls or send outbound emails to leads in hopes of creating opportunities
for account executives. Prospecting can involve cold-calling as well as reaching out to nurture
leads that have gone cold. In our case we didn’t follow the formal process of prospecting as it
is tangible and goods can be presented in front of eyes and limitation of stocks. Instead we used
these steps:
i. Targeting
ii. Value in Every Touch
iii. The Right Offer
iv. No Tricks
Step 3: Pre-approach
The pre-approach is the “doing homework” part of the process. A good salesperson researches
his prospect, familiarizing himself with the customer’s needs and learning all the relevant
background info he can about the individual or business.
Step 4: Approach
Early introductions (e.g., the initial couple of minutes of a sales call) are significant to building
the customer's trust. As an expert salesperson, one would never make a pitch immediately;
rather, one would work to set up an affinity with the client first. This normally includes
presentations, making some casual conversation, asking a couple of warm-up inquiries, and by
and large clarifying what your identity is and whom you speak to.
Step 5: Presentation
There's a decent arrangement of planning required before a salesperson ever makes her pitch
or introduction, however the introduction is the place the exploration satisfies and her thought
for the prospect wakes up. The introduction ought to be custom-made to the client, clarifying
how the item addresses that individual's issues. It may include an item exhibit, tests, or letting
the client really take a gander at or collaborate with the item. Now, the client is utilizing the
data that is being shared as a major aspect of his assessment of potential arrangements.
Step 8: Following Up
The follow-up is an important part of assuring customer satisfaction, retaining customers, and
prospecting for new customers. This might mean sending a thank-you note, calling the
customer to make sure a product was received in satisfactory condition, or checking in to make
sure a service is meeting the customer’s expectations.
The next step in the homework would be to study competition and prepare a detailed chart
comparing the competition product visa vise the product that is being proposed. We should
know all about the competitor’s products as well. We should be in a position to discuss
meaningfully with the customers about his product and compare it with the competition and
bring out the advantages or disadvantages of choosing a particular product from the customer’s
perspective. A customer who finds a salesman discussing objectively about competition and
keeping the customer’s interest at heart will appreciate the sincerity of the salesman and is
likely to trust our advice.
Handwash Utensil Wash
Kalinga Handwash Kalinga
Dettol Vim
Patanjali Exo
Palmolive Pril
Phenyl Floor Cleaner
Nirmayl Lizol
Phynyl Reliance Mopz
Kalinga Phenyl Domex
Kalinga Vehicle Wash Liquid detergent
Ezee(1ltr)
Ujala Comfort
Kalinga(3/4) Kalinga
There are also cases where we had advised customers on choosing a particular competitor’s
product to suit the customer’s needs. While one may be surprised, it is actually a very genuine
right thought and action on the part of the true salesman. Any professional and confident
salesman will always place customer relationship and customer’s needs above everything else.
When the product is not suitable for the customer, we would rather become an advisor or sort
of consultant to the customer and guide him/her on choosing the next best alternative. Thereby
one gets to build a relationship with the customer and wait for future opportunities rather than
give up on the customer. The sign of a good salesman is that he/she would look at losing out
on one transaction in order to gain a lifetime relationship with the customer.
2. UNDERSTANDING CUSTOMER VALUE
a. Prospecting:
Prospects don't must have shown an enthusiasm for purchasing. They simply need to meet the
above criteria. Deciding the correct prospect is significant in the sales procedure in such a case
that we select an inappropriate prospects we wind up sitting around idly on the sales procedure
in light of the fact that there is no need of the item or administration.
We decided our prospects based on targeting on and Segmenting. As the items are FMCG
items, there are heaps of set up brand effectively present in the market. We portioned our clients
based on pay, age, Occupation and so on. As these items costs not exactly the item those are
accessible in the market, so we primarily focused on understudies, center Income bunch and so
on. We additionally focused on the households(females) as they are now aware of the item, so
it was an additional favorable position.
The second step is to search for source of potential account. In this step the marketers need to
understand the mindset of the customer and try to find whether there is a latent need or not.
In order to find potential customers one first have to find out as much as one can about who
really has a use or need for y products or services. That would include age, interests,
occupation, region or location and any other demographics that may apply to you.The potential
of the customer should be determined by asking questions about his likes and dislikes. The
goal is to determine if the lead is a good candidate for what we offer (target market), and has
the money and ability to buy.
In this, we asked the customers about their likes and dislikes and how much they are they
willing to pay for these products and what are the current products they are using.
The third step is Lead Generation. A lead usually is the contact information and in some cases,
demographic information of a customer who is interested in a specific product or service. There
are two types of leads in the lead generation market: sales leads and marketing leads.
Once we have determined that the lead could be a prospect (fits at least one criterion), we need
the work to qualify them under the other criteria. This can be done in a variety of ways,
including a phone call, in person meeting, online form, email, etc. We preferred to go for in
person meeting as it’s a new product and it will have more impact in face-to-face conversation.
Suspect can be anyone in the universe who could perhaps buy our offer. We do not even know
if a suspect is interested to your market. It can be an individual or organization with a potential
need for your service or product. But it is not necessary that the suspect will always buy the
product. So we need to distinguish properly between the suspect and Prospect .A prospect is
an individual or organization that is a possible customer to buy your product and has gone
through a qualification process. A prospect who is interested will engage with you consistently,
while a suspect will only engage with you as long as it’s safe. In this step, we distinguish the
prospects from the leads. The customers who are really interested in buying the product or
service are segregated from the customers who have the ability to buy the product. This is the
most crucial step as these customers bring business to the company. So their needs and wants
should be taken care of.
In the last step, we differentiated the prospects from the suspects by evaluating the responses
of them that we gathered through cold calling and then tried to pitch the products to these
customers. This is in B2B scenarios. Also we made sure that we don’t invest much time and
focus on suspects as time is also very important factor in sales.
b. Pre- Approach Before The Interview:
The stage of the selling process that consists of customer research and goal planning for the
presentation. The pre-approach may be defined as obtaining as much relevant information as
possible regarding the prospect prior to making a sales presentation. The knowledge gained
during the pre-approach allows the tailoring of the sales presentation to the particular prospect.
This step overlapped little bit with presales preparation. To make a tweaked introduction and
sales pitch, we invested our energy in characterizing objectives, inquiring about the customer's
needs and issues, anticipating what data the customer needs before purchasing the advertising.
We concluded that we should inquire as to whether the item address' the client's issues, if the
client has the accounts to make a buy.
Through cautious arranging, we had the option to concentrate on significant client needs and
convey the important advantages to the purchaser, address potential issue zones before the sales
introduction, and appreciated the fearlessness that emerges, after exhaustive readiness.
c. Approach
The approaches which we tried and applied during our assignment was:
1. Question Approach
2. Customer Benefits approach
3. Social Benefits/Emotional-selling approach
Question Approach:
Our aim was to meet with a prospect (stranger/ known) and in a limited amount of time
convince them to reach into their pocket and hand us money. So, it’s very important to ask
questions to the customers, as it will indirectly give insight into customers’ mindset.
Broad, open-ended sales questions helped us to find out what the customers want and to
identify what's going on in our prospects' and clients' worlds. They are essential to sales
success. In fact, "listened to me" and "understood my needs" are two of the top factors.
Sales questions also helped us to get connected with buyers personally, understand what's
important to them, reshape their thinking, and create better futures for them. The importance
of asking the right sales questions cannot be understated.
Some times people they need help to find the right solution. That’s where the salesperson
comes in. When we know what they need, it’s easier for us to make them believe that products
from Kalinga are going to meet their demands and needs successfully.
Sales questions have a place in every part of the sales process.
Sometimes it was difficult to make the people understand the value this brand and product is
going to provide, and most of them saw benefit in terms of:
Price
Effectiveness
Longevity
Multipurpose usage
Smell
Variety
Introductory approach was helpful when we went outside KIIT area, as KIIT University has
strong brand name so it made our task easier to make the people interested in what we are
selling and they listened to us.
By, putting all these into a single package, we designed a packet termed, “Package of Smile”
and sold the boxes containing all 9 products(one from each) and went for selling as a bundled
unit, instead of going single ones.
In our case the Emotional selling approach really worked and customer benefits approach
failed.
3. COMMUNICATING AND DELIVERING CUSTOMER VALUE
c. Sales Closure
Traditional sales closing techniques usually employ some psychological tricks designed to give
that final nudge.
In most of the sales calls we have attended, we have applied option close and assumptive close
approach and in very few cases we have applied urgency close techniques.
Follow Up
Following up on deals is a basic advance in structure and keeping up long haul associations
with new clients. It includes a basic correspondence exertion to perceive how the client is
getting along and whether he has any issues with or inquiries regarding the new item or
administration. Alongside demonstrating you give it a second thought, follow-ups help identify
fixable issues. Without follow-up, sales reps may never find out about a portion of the more
typical reasons clients never return.
In this process, we have followed up the customers through E-mail and few customers have
referred us to approach others also.
OVERALL SALES ANALYSIS (QUANTITATIVE)
For this assignment purpose the products which we have received from the assigner were as
follows:
Item MRP (Rs) Purchase Price (Rs) Quantity Taken(Nos.)
Utensil Wash (Spray) 75 35 15
Utensil Wash 60 30 15
Hand wash (Spray) 75 50 15
Hand wash 65 40 15
Floor cleaner 60 30 15
Ujala 40 25 15
Phenyl 65 40 15
Vehicle Wash 30 20 15
Ezee 40 30 15
Total 510 300 135(15 sets)
CONCLUSION
The business procedure was extraordinary and we taken in a great deal from it. It showed us
different aptitudes more often than not dealing with dismissals. In deals beginning days we
confronted dismissal a ton and the entire day turned sour, later we understood that that wasn't
the part of the bargain. In deals one can't be tragic looking or eager so being patient in taking
care of client's inquiries and protests and foreseeing how they will respond.
In sales everything was unconstrained and off the cuff, so the spots we figured we can't make
deals were the spots we sold most extreme items.
Key Learnings: