Personal & Professional Sales Personal & Professional Sales Personality Traits of Effective Sales People 1. Confident 2. Positive 3. Honest 4. Creative 5. 6. 7. Smart Communicates Well Professional Appearance Product Knowledge: What we need to know about our products 1. 2. 3. 4. 5. 6. 7. 8. 9. Product Composition & Manufacturing Ingredients How is it made? History Care & Maintenance Comparisons to Competition How do you use the Product? What is it used for? How do you work it? What are its benefits? Who will Benefit From Using the Product? What Needs Will it Satisfy? Describe the Target Market How much Does it Cost? Cost vs. Retail Competition’s Price Cost to Maintain Who Manufactures the Product? Company History Policies Ex: Return Policies Services ex.: Delivery Warranties & Guaranties Difference? How Does Your Product Differ From the Competition’s? Focus on Key Selling Points Availability Where do we buy it? Where do we go to Repair the Product? How is it Promoted? Sample Advertisements Tag Lines & Promises Related Items Where do we buy it? Where do we go to Repair the Product? Benefits of Product Knowledge Recognition Respect of Others Job Advancement Less Stress Satisfied Customers Job Security Meet Legal Req. Sources of Product Knowledge 1. Literature Tags, Seals, Labels Brochures/Leaflets Government Stamps Sources of Product Knowledge 2. People Managers Buyers Sales Personnel Sources of Product Knowledge 3. Formal Training Retailer Supplied 4. Box Covers/Wrapping Advertising Samples Internet Customers Vendors Repair People Vendor Supplied Direct Experience Try it Yourself Types of Goods 1. Convenience Goods Sold by Mass Media Little Thought Given Inexpensive: Candy Toothpaste Etc. Good Location Don’t Bore w/ Detail Types of Goods 2. Shopping goods Customers Will Compare Before Buying More than one source of the product Needs Advertising Support Keep Price Competitive Extensive Product Knowledge Needed Demonstration of Product Features & Benefits Needed Understand Customer Psychology Must Communicate Well Types of Goods 3. Specialty Products Customer Service is Key Price is not the Most Important Criteria Know Your Customer Items are Pre-sold Features & Benefits Features: Facts About the Product Construction Price Materials Safety Features Workmanship Etc. Uses Features & Benefits Features: Benefits of Using the Product A Personal Satisfaction That a Customer Wants From the Product (Buying Motives). Why do We Want the Product?