This document discusses the key steps and components in the personal selling process, including prospecting, pre-approach, approach, needs discovery, presentations, handling objections, closing the sale, and follow-up. It provides details on each step, such as how to identify and qualify prospects, techniques for approaching them, guidelines for asking questions to discover needs, methods for presentations and closing sales, and the goals of follow-up interactions. The overall personal selling process aims to start with identifying customers and ensuring their satisfaction.
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374 33 Powerpoint-slides 3-Personal-selling-process Chapter 3 Personal Selling Process
This document discusses the key steps and components in the personal selling process, including prospecting, pre-approach, approach, needs discovery, presentations, handling objections, closing the sale, and follow-up. It provides details on each step, such as how to identify and qualify prospects, techniques for approaching them, guidelines for asking questions to discover needs, methods for presentations and closing sales, and the goals of follow-up interactions. The overall personal selling process aims to start with identifying customers and ensuring their satisfaction.
This document discusses the key steps and components in the personal selling process, including prospecting, pre-approach, approach, needs discovery, presentations, handling objections, closing the sale, and follow-up. It provides details on each step, such as how to identify and qualify prospects, techniques for approaching them, guidelines for asking questions to discover needs, methods for presentations and closing sales, and the goals of follow-up interactions. The overall personal selling process aims to start with identifying customers and ensuring their satisfaction.
Learning Objectives Understand the components and steps of personal selling Explain the role of prospecting and how it helps in identifying and locating customers Appreciate the importance and process of pre-approach and approach as steps to start interaction with prospective buyers Understand ways of identifying the needs of the prospects Identify the different presentational techniques and ways of handling customer objections Learn the importance and techniques of closing the sales Get insights of how to make follow-up calls after selling
Personal Selling Personal selling begins with identifying customers and ends with ensuring satisfaction to them. It involves series of steps that are diverse, complex and knowledge based. Personal selling is considered as an indispensible promotional tool.
Prospecting Prospecting relates to locating and qualifying new customers. A prospective customer has A need for the product/service. The willingness to buy. Purchasing capacity. Authority to buy. Accessibility to the salespeople.
Pre-Approach Pre-approach is a stage of collecting detailed information about prospects and deciding on the best sales method to reach them. Decide on the mode of appointment with the contact. Deciding the call planning. Preparing the sales talk. Deciding on the sales strategy
Techniques for Approaching Prospects Use referral. Cite the company or brand name. Compliment the prospect. Offer a gift. Give the prospect a feel of influence. Ask a planning question or statement. Demonstrate the innovativeness in a product or service.
Customer’s Need Discovery Uncover the perceived need of the prospect. Initial aim should be to build trust and rapport with the prospect. Basic task of salesperson is to make the prospect feel free and uncluttered.
Sales Presentations (Dos) Specify unique features and benefits that competitors cannot offer. Create an association between product features and customer benefits. Combine verbal deliberation with demonstration. Ward off doubts and confusions of the customers.
Sales Presentations (Don’ts) Do not indulge in one-sided presentation. Do not criticize competitors unnecessarily. Do not involve in any argument with customers. Do not hide the demerits of the product or service.
Presentation Methods Canned Presentation. Structured. No modification in script. May fail to arouse customer enthusiasm. Organized Presentation. Salespeople are given checklist. Flexible Tailored Presentation. Prepared for an individual customer.
Handling Objections Objection is the resistance from the prospective buyers to block the completion of selling. Objections should be welcome as they indicate prospect’s interest in the offer. Objections should be seen as an opportunity than an obstacle to sales.
When to Close Gauge the buying signal from the prospect. Buying signal can be verbal or non verbal. Use trail close before the actual close. For trial close, ask questions like: I think the proposals match your requirement. Is this what you have been searching for? I think this was in your mind.
After Sales Follow-up Complement customer for taking a purchase decision in favor of the company. To prove that the company takes care of customer’s convenience. To affirm that the customer has taken the right decision. To build a relationship of trust, dependability and integrity. To generate more referrals from present customers.