UNCG Bryan School of Business and Economics executiveeducation. uncg .edu M eet the Bryan S chool Executive Educa tion Progra ms . The Faculty Selling in Competitive Markets Learn to sell value and take price out of the conversation Learn the magic questions to manage the conversation Learn the secrets to differentiating your product offering Learn how to sell more profitably, confidently, and professionally This course is designed to provide a foundation of knowledge concerning value-based selling, buyer behavior and general sales skills useful for both new and experienced salespeople. Salespeople will enhance their ability to make calls customer specific. The course emphasizes communication skills – doing so through role-playing and other exercises designed to reinforce the materials being covered. The development of effective methods of handling customer objections/concerns and gaining buyer commitment will be addressed. This program will also provide participants with an opportunity to gain additional practice in the areas of identifying and communicating value as defined differently by different customers. Finally, the Selling Skills Course will focus on providing service to customers, conducting effective follow-up, dealing with difficult customers, and negotiating effectively in the sales environment. Who should attend: Sales representatives, key account and sales force managers in charge of developing and executing sales strategies. Non-salespeople who do not view selling as their main activity – yet spend much of their time with clients conducting on-going business and generating new business opportunities such as CPAs, Lawyers, and entrepreneurs, as well as small business owners. Product managers, marketers, and sales force support people responsible for developing sales programs, sales collateral, economic value calculators, proposals, etc. Customer service people, logistics people, and others whose responsibilities bring them into direct or indirect contact with customers. Objectives: Participants will be able to: -Identify and communicate value -Conduct customer-focused sales strategies -Select the proper type of questions to use at critical points during the sales call Customize their investigation process to increase their effectiveness with customers/clients by: - Prospecting more intelligently - Qualifying prospects more accurately - Closing more effectively - Serving customers more economically - Managing relationships more profitably - Handle difficult conversations more professionally - Negotiating more effectively The Specifics The two-day seminar meets from 8:30 a.m. to 5:00 p.m. each day. It combines lecture and discussion, real business and industrial examples, case studies, and exercises. The class size is intentionally kept small to provide ample time for extensive discussion and interaction. Participants are encouraged to bring specific account situations to examine and work on during the seminar. The Faculty Selling in Competitive Markets I. Customer Focused Selling: This section will identify what buyers expect from the salesperson in the current sales environment. Salespeople will understand what it means to be “customer-focused” and how to convey that to the buyer. The internal organizational implications of firm and salesperson being customer focused will also be discussed. II. Value-Based Selling: The concept of value will be fully explained and tools for calculating customer value, perceived value, and effectively communicating complex offerings to customers will be presented and utilized to creative customer specific value propositions. III. Use the 7-Step Sales Process: After completing this section, salespeople will understand the stages in the sales process model and appropriate sales activities that take place at each stage. Further, they will understand how to take the most effective action. IV. The Buying Process: This module will present and examine the process buyers use in making purchase decisions, and how the sales process model overlays onto the buying process model. They will also understand how the salesperson can influence the buying process at each stage and how to respond when encountering a buyer at any stage of the process. V. Communication Skills-Selling is all about communication: Listening is a key skill underlying the entire value communication process. This module will assess the listening skills of each participant, offer suggestions about how to enhance listening skills, and analyze the precision required in word selection during sales calls. Vl. The 5 Question Investigation Process: This module examines the importance of asking the “right” question. After completing this module, salespeople will know the 5 key question types and which of those is most important, once again, the importance of listening will be emphasized due to its critical role in the investigation process. Seminar participants will develop skills based on proven sales questioning techniques that they will use in role-play scenarios. Vll. Identifying a Customer’s Ideal Value Equation: This module builds on the 5 Question Sequence skills presented in Module VI. Salespeople will learn how to use questioning techniques to get customers to clearly identify aspects of the product/service offering that are vitally important and which ones are of lesser importance. This information can then be used to build more effective presentations that result in more effective sales calls. Vlll. Responding to Customer Concerns: Effectively responding to customer questions and objections is addressed in this module lX. Asking for Agreement: In this module salespeople will further develop their ability to gain customer agreement on the “next step” to be accomplished in the sales process – whether it is another sales call or getting a signed contract. We will examine this issue from the buyer’s perspective. Appropriate and inappropriate approaches will be identified. X. Effective Follow-up: Effectively following up after a sales call, whether successful or unsuccessful is critically important to longterm sales success. This module addressing how to conduct follow-up activities that are both effective and resource efficient. XI. Dealing with Unhappy/Dissatisfied Customers: Dealing with unhappy customers provides a challenge for all salespeople. This section will provide a model to help salespeople deal with angry customers. It will provide them with a set of skills that will help defuse buyer anger, and build resolution in their areas of concern. When: May 17-18 Tuition: $995 per person, and includes all materials, meals and campus parking. Where: The Bryan School of Business Interested? Complete the application at executiveeducation.uncg.edu Pattie J Hollinger Executive Education Joseph M. Bryan School of Business and Economics The University of North Carolina at Greensboro CS PO Box 26170 Greensboro, NC 27402-6170 336-334-3088 pjhollin@uncg.edu The Faculty Dr. James Boles 2014 winner of the AMA Sales SIG Lifetime Achievement Award Dr. James S. Boles, Department Head of the Marketing, Entrepreneurship, Hospitality, and Tourism Department, was the 2014 winner of the American Marketing Association’s Sales Special Interest Group’s Lifetime Achievement Award. He received this award for his outstanding contributions to sales research and education. Department Head of the Marketing, Entrepreneurship, Hospitality, and Tourism Department in the Bryan School of Business and Economics, Dr. Boles was Professor of Marketing at Georgia State University (GSU) from 1990-2013, and received his Ph.D. from Louisiana State University in 1991. At GSU, he received recognition awards from the Robinson College of Business for research (1997; 2001) teaching (1996), and Service (2006). Prior to returning to academia, Professor Boles worked in sales in the areas of investments and real estate. He taught in GSU’s internationally recognized MBA, PMBA, and EMBA. He was a former editor of the Journal of Personal Selling and Sales Management, and was the codirector of the GSU sales program. He has published over 60 academic journal articles and has numerous other publications. John Chapman, Adjunct Professor of Strategic Selling and Sales Management. John holds an MBA from the Babcock School of Management at Wake Forest University and a BS in Finance from the University of Connecticut. He brings 29 years of experience leading high level sales efforts in start-ups and established international companies in retail, manufacturing and energy such as Kennametal Inc., Stanley Works and Coca-Cola. He has also served on the board of directors for several start-ups and has been a member of the board of directors for Junior Achievement since 2002. John has also been named Junior Achievement Chair of the Board for the 2014/2015 fiscal year. Currently, John consults in the home improvement and energy industries and is the Director of Business Development for Executive Education and Adjunct Professor for the Joseph M. Bryan School of Business and Economics at The University of North Carolina at Greensboro.