Chapter 11 Creating the Consultative Sales Presentation Six Step Presentation Plan Step 1--Approach Step 2--Presentation Step Two Presentation Determine prospect needs Select solution Initiate sales presentation Four-Part Sales Presentation Need discovery (emphasis on questions) Selection of a solution (a pivotal point) Need satisfaction through informing, persuading, and/or reminding (emphasis on statements) Servicing the sale (build repeat business) Need Discovery Sometimes called needs analysis Ask appropriate questions Listen and acknowledge customer response Establish buying motive Asking Questions Survey or information-gathering questions reveal problems – General and specific – Open and closed Probing questions reveal pain – uncover and clarify the prospect’s buying problem and the circumstances surrounding the customer’s buying problem Asking Questions (con’t) Confirmation questions reveal mutual understanding – to verify the accuracy and assure a mutual understanding of information exchanged by the salesperson and the buyer Need-satisfaction questions reveal pleasure – to move the sales process toward commitment and action Listening and Acknowledging Active listening--process of sending back to the prospect what you as a listener think the person meant, both in terms of content and in terms of feelings – focus your full attention – paraphrase the customer’s meaning – take notes Selection of the Solution Match specific benefits with buying motives Configure a solution Make appropriate recommendations – Recommend solution--customer buys immediately – Recommend solution--salesperson makes need-satisfaction presentation – Recommend another source Need Satisfaction Informative--emphasizes factual information Persuasive--influences the prospect’s beliefs, attitudes, or behavior Reminder or reinforcement--remind customers of their products Persuasive Presentation Strategy Place special emphasis on the relationship Sell specific benefits and obtain customer reactions Minimize the negative impact of change Place the strongest appeal at the beginning or end Target emotional links--connectors between your messages and the internal emotions of the prospect Use metaphors, stories and testimonials General Guides for Creating Value-Added Presentations Strengthen with an effective demonstration Preplan methods for negotiating and closing the sale Preplan customer service methods that add value Keep your presentation simple and concise