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Matakuliah : J0114/Manajemen Pemasaran

Tahun : 2008

Selling

Pertemuan 24

Bina Nusantara

Learning Outcome

•Students can explain in details a proper selling methods required by corporation.

Material Outline:

• Product-selling strategies that add value

• Developing and qualifying a prospect base

• Approaching the customer

• Creating the consultative sales presentation

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Product-Selling Strategies that Add Value

• Generic product:

– Basic, substantive products. Generic product describes only the product category, e.g. life insurance, rental cars, personal computers.

• Expected product:

– Is everything that represents the customer’s minimal expectation. The minimal purchase conditions vary among customers, so the salesperson must acquire concerning the expected product.

• Value-added product:

– Exists when salespeople offer customers more than they expect.

• Potential product:

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– What may remain to be done.

– The potential product is more likely to be developed by salespeople who are close to their customers.

Developing and Qualifying a Prospect Base

• Importance of prospecting:

– Every salesperson must cope with customer attrition, that is, the inevitable loss of customers over a period of time, which can be attributed to a variety of causes.

• The customer may move to a new location outside the salesperson’s territory

• A firm may go out of business or merge with another company

• A loyal buyer or purchasing agent may leave the position because of promotion, retirement, or serious illness

• Sales are lost to the competition

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Developing and Qualifying a Prospect Base

• Prospecting requires planning:

– Increase the number of people who board the wheel. If the number of potential prospects declines sharply, the number of sales closed also declines.

– Improve the quality of the prospects who board the wheel.

– Shorten the sales cycle by quickly determining which of the new prospects are qualified prospects.

• Sources of prospects:

– Friends, family members

– Directories

– Telemarketing

– Website

– Networking

– Educational seminars

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Developing and Qualifying a Prospect Base

• Qualifying the prospect:

– Does the prospect have a need for my product? Get permission to ask questions and then determine the person’s real needs.

– Can the prospect make the buying decision? Ideally you should talk to a person who has the authority to buy or can influence the buying decision.

– Can the prospect pay for the purchase? Salespeople must be aware of the possibility that a customer may provide incorrect or misleading information

– Will anyone close the sale?

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Approaching The Customer

• Planning the preapproach:

– Establishing presentation objective

• Obtain personal and business information to update the customer’s profile

• Conduct a needs assessment to determine if your product is suitable

• Involve prospect in a product demonstration

• Make an appointment with the prospect’s boss who is the decision maker

• Secure a list of referrals

• Provide postsale service

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Approaching The Customer

• Informative, persuasive and reminder presentation objectives:

– Informative presentation: the objective of a presentation that involves a new or unique product is generally to inform customers of its features and explain how these features can benefit the customer.

– Persuasive presentation: the act of presenting product appeals so as to influence the prospect’s beliefs, attitudes, or behavior

– Reminder presentation: the primary objective of the sales call is to remind the prospect of products and services offered by the company.

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Creating the Consultative Sales

Presentation

• Be a consultant, a partner, an extension of your client’s business. Be a friend, a problem solver.

Balance your client’s best interests with those of your own and your company.

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Creating the Consultative Sales

Presentation

• Need discovery:

– Review of the behaviors displayed by high-performance salespeople helps us understand the importance of precise need discovery

– Unless the selling situation requires mere order taking

(customers know exactly what they want), need discovery is a standard part of the sales presentation

– The pace, scope, depth and time allocated to inquiry depend on a variety of factors.

– Some of these include the sophistication of the product, the selling price, the customer’s knowledge of the product, the product application and the time available for dialogue

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Creating the Consultative Sales

Presentation

• Selection of the product:

– The salesperson must choose the product or service that can provide maximum satisfaction.

– Salespeople = trusted adviser

• Need satisfaction:

– Communicating to the customer, both verbally and nonverbally, the satisfaction that the product or service can provide.

– The salespeople places less emphasis on the use of questions and begins making statements.

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Conclusions:

• Value-added product exists when salespeople offer customers more than they expect.

• Every salesperson must cope with customer attrition, that is, the inevitable loss of customers over a period of time, which can be attributed to a variety of causes.

• Be a consultant, a partner, an extension of your client’s business. Be a friend, a problem solver. Balance your client’s best interests with those of your own and your company.

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