1 CHAPTER 17 SELLING SATISFIES CUSTOMERS 17-1 The Value of Selling 17-2 Preparing for Effective Selling 17-3 The Selling Process and Sales Support Chapter 17 MARKETING © 2009 South-Western, Cengage Learning 2 ©AVAYA COMMUNICATIONS Focus Questions: What message does this ad convey? How do instant electronic communication technologies improve the customer/salesperson relationship? What negative effects can those technologies have if they are not used carefully and professionally? Chapter 17 MARKETING © 2009 South-Western, Cengage Learning 3 17-1 THE VALUE OF SELLING GOALS Define what is meant by the promotional method known as selling. Explain the advantages and disadvantages of personal selling. Describe the need for salespeople to manage themselves, their customers, and information. Chapter 17 MARKETING © 2009 South-Western, Cengage Learning 4 The Process of Personal Selling Direct and personal Assess and satisfy Chapter 17 MARKETING © 2009 South-Western, Cengage Learning 5 When to Use Personal Selling Advantages Information Time Flexibility Feedback Persuasion Follow-up Chapter 17 Disadvantages Cost per customer Time Control Skill MARKETING © 2009 South-Western, Cengage Learning 6 Choosing Personal Selling Complex or expensive products Markets made up of a few large customers New or very unique products with which customers are unfamiliar Customers located in a limited geographic area Complicated or long decision-making process Customers who expect personal attention and help with decision making Chapter 17 MARKETING © 2009 South-Western, Cengage Learning 7 Personal Sales Management Self-management Customer management Information management Chapter 17 MARKETING © 2009 South-Western, Cengage Learning 8 17-2 PREPARING FOR EFFECTIVE SELLING GOALS Describe the way effective salespeople qualify prospective customers and use their decision-making processes to plan their sales presentations. Explain why salespeople need to know their product thoroughly and how product features will benefit their customers. Demonstrate why it is important to understand the competition’s products and marketing plans. Chapter 17 MARKETING © 2009 South-Western, Cengage Learning 9 Understanding Customers Identifying customers Qualifying prospective customers Understanding customer decisions Chapter 17 MARKETING © 2009 South-Western, Cengage Learning 10 Mental Stages of Consumer Decision-Making AIDCA Attention Interest Desire Conviction Action Chapter 17 MARKETING © 2009 South-Western, Cengage Learning 11 Understanding the Product Product knowledge Information sources Communicating product information Feature Benefit Chapter 17 MARKETING © 2009 South-Western, Cengage Learning 12 Understanding the Competition Salespeople need to understand the differences between their product and the competition’s product. Salespeople need to explain the differences to help customers make the comparison. Chapter 17 MARKETING © 2009 South-Western, Cengage Learning 13 17-3 THE SELLING PROCESS AND SALES SUPPORT GOALS Detail the seven steps of the selling process. Explain why salespeople need support from other areas of the business. Chapter 17 MARKETING © 2009 South-Western, Cengage Learning 14 Steps of the Selling Process Approach Determine needs Demonstrate Answer questions Close Suggestion selling Follow-up Chapter 17 MARKETING © 2009 South-Western, Cengage Learning 15 Approach Contact customers, gain their attention and interest, and create a favorable first impression Chapter 17 MARKETING © 2009 South-Western, Cengage Learning 16 Determine Needs Gather information to determine customers’ needs and how they can be met Chapter 17 MARKETING © 2009 South-Western, Cengage Learning 17 Demonstrate Present the product in a way that emphasizes customer benefits Chapter 17 MARKETING © 2009 South-Western, Cengage Learning 18 Answer Questions Overcome objections and ensure the marketing mix meets the customers’ needs Chapter 17 MARKETING © 2009 South-Western, Cengage Learning 19 Close Obtain a decision to purchase Chapter 17 MARKETING © 2009 South-Western, Cengage Learning 20 Suggestion Selling Suggest other products customers may see as valuable Chapter 17 MARKETING © 2009 South-Western, Cengage Learning 21 Follow-up Continue contact to ensure satisfaction, determine other needs, and build relationships Chapter 17 MARKETING © 2009 South-Western, Cengage Learning 22 Providing Sales Support Marketing-information management Financing Pricing Promotion Product/service management Distribution Chapter 17 MARKETING © 2009 South-Western, Cengage Learning