Introduction to Business Lecture 33

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Presentation transcript:

Introduction to Business Lecture 33 MGT211 Introduction to Business Lecture 33

Tasks of Sales Manager To define the sales objectives. Sales objectives can be: Increasing sales Controlling sales Organization of a team. Implementation of plans. Territory management.

Personal Selling Tasks Booking of orders. Processing of orders. Creative selling. Missionary selling To sell products by helping the buyer.

Personal Selling Process Prospecting Finding the prospective customers. It includes: Location of the industry. To know about decision maker of the organization. Method for ordering in the organization. Size of order. Mode of payment. Past practices of the organization. Current problems.

Techniques for Prospecting Snowball Technique To ask a satisfied customer, about more customers to sell the product. Cold Conversing Technique Knocking everybody’s door.

Features of the prospective Buyer Age of the person. Interests of the person. Preferences of the person.

Approaching the customer There are two options for approaching the customer: Getting appointment from the customer. Without getting appointment.

Approaching the customer Advantages of appointment Proper hearing Customer will get the feeling that his time is being respected. Disadvantages of appointment Customer might say no. Sales person might not be able to reach in time.

Approaching the customer Advantages of not getting appointment Time is in control of sales person. Dales person does not have fear of getting no. Disadvantage of not getting appointment Customer might feel that person is not an organized person.

Barriers Sales person might face some barriers in approaching the customer. These barriers can be: Security guard Receptionist Junior officer

Final Checklist before presentation Does sales person has his equipment ready. Equipment can be: Calculator Measuring tape Price list Photographs Brochures.