University of North Carolina at Greensboro Bryan School of Business and Economics Department of Marketing, Entrepreneurship, Hospitality and Tourism Course: Marketing 324, Professional Selling, Spring 2016 Class Times: M, W, F at 9 am in Room Bryan 206 Instructor: Sara MacSween, sbmacswe@uncg.edu Office Hours: Mondays from 11 am – 12.30 pm or by appointment, Bryan Room 374 Text: Selling: SELL 4, 2015, Ingram, LaForge, Avila, Schwepker, and Williams ISBN 13: 978-1-285-16472-4 and ISBN 10: 1-285-16472-5 Course Description: This course examines the role of personal selling in the business process and how salespeople carry out their duties. It will review the different aspects of the sales task and will cover how to accomplish these tasks effectively and efficiently. The course will require considerable interaction. The course will utilize a variety of learning approaches including: 1) 2) 3) 4) 5) 6) Required readings Classroom role plays and discussions Observational learning via role plays and videotaped presentations Lectures Guest speakers Open discussions about various sales-related issues Honor Code: This class will follow the following Honor Code policies: University’s Academic Integrity Policy, which can viewed at http://academicintegrity.uncg.edu/ The Bryan School’s Faculty and Student Guidelines, which can be viewed at www.uncg.edu/bae/faculty_student_guidelines.pdf Getting to Know You: To help me more quickly learn your name for the accurate evaluation of participation, please provide me with a copy of the picture from your ID and put your name on the back. Attach this to a resume or a brief biographical sketch outlining your educational background and work experience. This is due during the second class period and counts 10% towards the class participation grade. Course’s Cognitive Objectives Students need the following skills and abilities for this course. 1. Identify/improve areas in your time management process. 2. Modify her/his presentation to match the social style of a specific buyer. 3. Use listening skills to determine buyer needs. 4. Write and identify various types of ADAPT/SPIN questions. 5. Interpret the meaning of various forms of non-verbal communication. 6. Use and identify various aspects of non-verbal communication that can be used to enhance the sales presentation. 7. Present a product/service effectively in a face-to-face sales setting. 8. Conduct a break-even analysis. Students need to learn and practice the following aspects of the buying process. 1. Identify the steps in the complex buying process typically used for big-ticket items and/or new purchases. 2. Identify different types of customers and the critical purchasing factors that will most influence their buying decision. 3. Identify the types of organizational buying decisions and what a salesperson must do to be seriously considered in these buying situations. 4. Identify the different people that can be involved in a purchase and their potential role in the buying center/decision. 5. Be able to select the most effective entry point into a prospect’s buying process. Students must master the following components of the selling process. 1. Identifying the stages of the selling process from prospecting through follow-up. 2. State the qualifications for a suspect to be a prospect. 3. Compare the effectiveness of different types of prospecting techniques for various types of buyers. 4. Use a questioning process like SPIN (Situation Problem Implication Need) or ADAPT (Assessment Discovery Activation Projection Transition) to identify buying issues. 5. Identify the purpose of a RFP (Request for Proposal) and the various issues involved in responding to one. 6. Identify various negotiation pressure tactics and know how to respond to them. Attendance: Missing more than five classes during the semester will result in a student being dropped from the course. While extenuating circumstances can result in this requirement being waived, it is unlikely. If you know you will miss more than five classes, you should drop the course today and add a different course with less stringent attendance expectations. Exams: Questions on these exams will require a student to attend class, take good notes on the lectures/presentations and read the textbook in order to answer them effectively. Midterm I - 50 multiple choice questions, Chapters 1-5. Midterm II - 50 multiple choice questions, Chapters 6-10. Midterm III – 25 multiple choice questions from team sales presentations. Make-up Exams: Only given if arranged prior to the exam or due to illness. If provided for an illness, students must provide a note from a physician on letterhead with a signature before a make-up exam will be given. If a student fails to appear for an exam or make-up exam, they will receive a grade of zero. Sales Presentation: Teams of two/three will present an assigned sales pitch. Students will have to develop presentation materials, which should be professional and easy to use. The presentation materials should be similar to what you would develop if you were selling this product/service to a real buyer. In this sales role play, you will two or three buyers who will have developed objections that you may/may not have anticipated. Items to note: 20 minute pitch, and presenters should be prepared for questions/objections. Students must turn in a copy of the sale pitch presentation with a list of anticipated objections and their answers. Two teams will present during the class period. One team presents, and the other team members will act as the buyers. Team 1 sells to buyers from Team 2 and vice versa. Profiles for sellers and buyers will be uploaded to Canvas. Team Discussion/Role Play: The same student teams will participate in assigned class discussions and role plays during class. Participation in eight sessions will count for 10% of the total grade for the course. These are highlighted in yellow on the calendar. Thank You Notes: Salespeople need to be able to absorb and summarize the important points covered in a meeting. They should also be able to write a decent thank you note. This note should be nicely formatted and well-written, but most importantly the note should summarize the key ideas raised in the class. A good paragraph is enough room to include everything you need. I’ve included a sample note on Canvas. Hint: The best time to write your thank you note is right after class. Eight thank you notes are due throughout the semester. These are listed in red on the calendar. Grading Item Exam I (Chapters 1-5) Exam II (Chapters 6-10) Sales Presentation Exam III (Sales Presentations) Team Discussions/Role Play (eight during semester) Class Participation (bio, eight thank you notes and participation) % 25% 25% 15% 15% 10% 10% TOTAL 100% Grading Scale: Final grades will be assigned as follows: 97-100 93-96 90-92 87-89 83-86 80-82 77-79 73-76 70-72 67-69 63-66 60-62 61-0 = = = = = = = = = = = = = A+ A AB+ B BC+ C CD+ D DF Value Organizational Equivalent % of Class A B C D F Outstanding Excellence Mastered material Tagged the bases Unsatisfactory Promoted Raise No Raise Reviewed Fired 15-20% 50-60% 20-25% <5% <5% Unacceptable Class Participation Grading Rubric Points 10 points 60 points 30 points Item Turn in photo and bio Turn in eight handwritten notes to the professor Participation in class Class Expectations As instructor, I have the following responsibilities: 1. Come prepared to every class with a well thought-out class. 2. Design my class so you will understand how a sales professional uses their understanding of the buying process to connect with prospects. 3. Consider that it is not always your fault if you don’t understand the material. 4. Create a mutually respectful classroom environment. 5. Provide real working examples of how sales professionals close deals in B-C and B-B environments. As students, you have the following responsibilities: 1. Turn off your phone so you can focus on the lecture. Your smart phone is smart enough! 2. Come prepared to every class by reviewing previous notes and reading the material. It’s amazing how things make sense when you read before class! 3. Consider that it is not always the instructor’s fault when you don’t understand the material. 4. Treat others (including the instructor) with respect. 5. Ask questions when you don’t understand. Asking questions is a sign of maturity - not ignorance. Sales professionals spend a lot of time asking their customers questions. Spring 2016 Class Schedule Date Mon, Jan 11 Wed, Jan 13 Fri, Jan 15 Mon, Jan 18 Wed, Jan 20 Fri, Jan 22 Mon, Jan 25 Wed, Jan 27 Fri, Jan 29 Mon, Feb 1 Wed, Feb 3 Fri, Feb 5 Mon, Feb 8 Wed, Feb 10 Fri, Feb 12 Mon, Feb 15 Wed, Feb 17 Fri, Feb 19 Mon, Feb 22 Wed, Feb 24 Fri, Feb 26 Mon, Feb 29 Wed, March 2 Fri, March 4 Mon, March 7 Wed, March 9 Fri, March 11 Mon, March 14 Wed, March 16 Fri, March 18 Mon, March 21 Wed, March 23 Fri, March 25 Mon, March 28 Wed, March 30 Fri, April 1 Mon, April 4 Wed, April 6 Fri, April 8 Mon, April 11 Wed, April 13 Fri, April 15 Mon, April 18 Wed, April 20 Fri, April 22 Mon, April 25 TBC Activity & Team Presentations Course introduction and team assignments (teams of two) Chapter 1 Chapter 1 Case Study Questions – Mark and Sandra of Sales Stars, Inc; turn in photo/bio sheets No class – MLK Chapter 2 Chapter 2 Role Play – Brisbane Uniform Company Chapter 3; turn in handwritten note Chapter 3 Role Play– Shoes Unlimited Video 1 Chapter 4; turn in handwritten note Chapter 4 Role Play – AppLab Services Video 2 Chapter 5; turn in handwritten note Chapter 5 Case Study Questions – Logistics Company Video 3 Midterm I (Chapters 1 – 5); turn in handwritten note Midterm I Review Video 4 Chapter 6; turn in handwritten note Chapter 7 Chapters 6&7 Role Play - Dialogue Chapter 8; turn in handwritten note Girl Scout Cookies Role Play & Guest Video 5 No class – Spring Break No class – Spring Break No class – Spring Break Chapter 9; turn in handwritten note Chapter 9 Case Study Questions – Naturally Beautiful Chapter 10 Midterm II (Chapters 6 – 10); turn in handwritten note Review of Midterm II No class – Good Friday Team Presentations – 1 and 2 Team Presentations – 3 and 4 No class – Professor Given Team Presentations – 5 and 6 Team Presentations – 7 and 8 Team Presentations – 9 and 10 Team Presentations – 11 and 12 Team Presentations – 13 and 14 Team Presentations – 15 and 16 Team Presentations – 17 and 18 Team Presentations – 19 and 20 Team Presentations – 21 (professor will act as the buyer) Review of Sales Presentations Midterm III (Sales Presentations)