Chapter 1: Sales careers and the selling process • Overview of personal selling • Roles of the salesperson • Drivers of change in sales management and selling • Selling as a career • Types of sales jobs • The steps in the selling process
• Learning objectives: – comment on the roles of salespeople; – define a professional salesperson; – describe the drivers of change in sales management and selling; – distinguish between the different types of sales jobs; – discuss the four sales presentation methods that a salesperson can use;
• Learning objectives (cont.): – discuss the sales presentation as a selling tool; – discuss the different categories of objections that a salesperson must be able to handle; – explain how a salesperson should react to objections during a presentation; – discuss the different sales-closing techniques; and – discuss the three categories of the follow-up.
• Sales manager must be competent and knowledgeable • Sales manager depends on the salesperson’s abilities and skills to execute their planning to secure sufficient sales volume, profits and growth
• Selling = ‘personal communication of information to unselfishly persuade a prospective customer to buy a product, service, idea to satisfy needs’ • Salespeople, sales force, sales representative(s) and professional sales representative(s) are responsible for generating sales
• Roles of the salesperson – sales role: to stimulate demand and to persuade customers that they need a product or service – marketing role: to meet the needs of both customers and the business by developing and applying sales strategies in the selling process – customer relationship (partnering) role: to build and maintain relationships with the customers by being customer-oriented
• Drivers of change in sales management and selling – building long-term relationship with customers – developing a sales organisation structure – creating a feeling of job ownership and commitment in salespeople – shifting sales management style from commanding to coaching – leveraging technology for success – integrating salesperson performance evaluation – being aware of the drivers of change in selling
• Selling as a career – ‘Why should I choose sales as a career?’ – The major reasons are: • opportunity to serve others by helping them • variety of sales jobs available • freedom and independence • challenges that a sales career offers • opportunities for advancement • financial and non-financial rewards
• The steps in the selling process – Prospecting – Pre-approach – Approach – Presentation – First trial close – Determine objections – Handling objections – Final trial close – Closing the sale – Follow-up
• Step 1: Prospecting (cont.) – Prospecting methods: • sources are cold calling, referrals, content marketing, networking, email marketing, webinars, seminars, social networking and advertising – Five steps: • Set objectives for prospecting • Allocate time to prospecting activities • Decide on the best prospecting method to meet objectives • Customise the prospecting plan • Evaluate the results
• Step 2: Pre-approach (cont.) – salesperson must prepare the prospect for the first sales contact by using pre-notification and seeding techniques – salesperson can obtain information by a low- profile preliminary call at the prospect’s business site – get the appointment
• Step 2: Pre-approach (cont.) – preparing the sales presentation that will be used during the presentation step in the selling process – sales presentation methods: • structured sales presentation method • semi-structured sales presentation method • unstructured sales presentation method • customised sales presentation method
• Step 4: Presentation – Requirements of a presentation: • cover all the important points in a logical order • describe the product or service the salesperson has to offer • indicate how the sales representative’s presentation will be beneficial for the client • cover the necessary detail to close the sale • enable the sales representative to achieve their goals
• Step 4: Presentation (cont.) – salesperson must strive to maintain interest – make use of persuasive communication by asking questions and listening to the answers – remember to watch the prospect’s body language – keep control by directing the conversation as planned – using visuals and demonstrations
• Step 5: First trail close – attempt to test the prospect’s attitude toward the sales presentation – ask for the prospect’s opinion by posing a question to the prospect – favourable response to the trial close questions is a sign that the prospect is ready to buy
• Step 6: Determine objections – any concerns, statements or questions raised that are a sign of hesitation or unwillingness to purchase the product – valid or invalid objections
• Step 7: Handling objections – Anticipate objections – View objections as opportunities – When responding to an objection, reflect a positive attitude and body language, while showing a sincere interest in the prospect’s opinion – Listen to the objection carefully
• Step 9: Closing the sale (cont.) – Techniques of closing the sale: • Asking for the order • Alternatives close • Assumptive close • T-account close • Minor point close • Standing-room-only close • Technological close
• Step 10: The follow-up – long-term client relationships are built on integrity and effective after-sales service – categories: • After-sales action • Customer relationship • Self-evaluation
• Summary – sales manager is responsible for the strategic planning for the sales force – selling jobs are classified into three categories – ten steps prospecting, pre-approach, approach, presentation, trial close, determining the objections, handling the objections, trial close, close, and follow-up