Presentation 7

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PERSONAL SELLING AND SALES MANAGEMENT 18
The Scope and Nature of Personal Selling
Order taker
Order getter
Internet
Telephone
Face-to-face
Teleconference
Pom 16
Sales support
personnel
18-1
Personal Selling and
Marketing Strategy
1. Can customize the message for a
specific buyer
2. Assists in creating strong supply
chain relationships
3. Increased customer loyalty through
relationship selling
4. Gather research input from
customers
5. Crucial to the success of CRM
18-2
The Value Added by Personal Selling
• Salespeople Provide
Information and Advice
• Salespeople Save Time and
Simplify Buying
• Salespeople Build
Relationships
Relationship selling is a sales philosophy and process that
emphasizes a commitment to maintaining the relationship over
the long term and investing in opportunities that are mutually
beneficial to all parties.
18-3
Professional Selling as a Career
• People love the lifestyle
• There is a lot of flexibility
• There is a lot of variety in the
job
• Can be very lucrative
• Very visible to management
and good for promotions
18-4
Personal
Selling
Process
Step One: Generate and
Qualify Leads
Current
Customers
Trade
Shows
Sources
of
Leads
Networking
Events
The
Internet
18-6
Step Two: Preapproach
Extends the
qualification
procedure
Set goals for what is
to be accomplished
18-7
Step Three: Sales Presentation
and Overcoming Reservations
The presentation
Handling reservations
18-8
Step Four: Closing the Sale
• Getting the order
• Often most stressful
part of sales process
• A “no” one day may be
the foundation for a
“yes” another
A
B
C
18-9
Step Five: Follow-Up
Five Service Quality Dimensions
1. Reliability – Ability to perform the service
dependably and accurately
2. Responsiveness – Willingness to help
customers and provide prompt service
3. Assurance – Knowledge of and courtesy by employees
and their ability to convey trust and confidence
4. Empathy – The caring, individualized attention
provided to customers
5. Tangibles – The appearance of physical facilities,
equipment, personnel and communication materials
18-10
Managing the Sales Force
1. Sales Force Structure
Company sales force
Manufacturer’s
representatives
(independent agents)
Employees
Not
employees
Established
product lines
Smaller firms
New markets
18-11
Managing the Sales Force
2. Recruiting and Selecting Salespeople
18-12
Managing the Sales Force
3. Sales Training
Selling and negotiation techniques
Products and service knowledge
Technologies used in the selling process
Time and territory management
Company policies and procedures
18-13
Managing the Sales Force
4. Motivating and Compensating Salespeople
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Financial rewards
Nonfinancial rewards
18-14
Managing the Sales Force
5. Evaluating Salespeople
• Tied to the reward
structure
• Evaluation measures
can be either objective
or subjective
BananaStock/PictureQuest
18-15
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