Set Your Sales The Selling Process Selling LAP 126.

Slides:



Advertisements
Similar presentations
Decisions, Decisions, Decisions
Advertisements

Financial Analysis LAP 6
Economics and Economic Activities
Legal Issues in Sport/Event Marketing
Pricing LAP 4 Explain break-even point. Calculate break-even point for a business operation. (Calculating Break-Even)
Specialization and Division of Labor
Financial Analysis LAP 3 Objectives Explain the importance of budgets. Describe the characteristics of an effective budget.
The Nature of Promotion
Marketing-Information Management LAP 12 Data Do It Need for Marketing Data.
LAP: QS-030 Objectives Discuss the nature of financial needs and goals. Describe the benefits of saving and investing.
Explain the relationship of wants to economic goods and services. Explain how economic goods and services are classified. OBJECTIVES A B.
LAP: QS-033 Objectives Describe the purpose of bonds. Explain how to buy and sell bonds.
Product/Service Management LAP 11 Techniques for Generating Product Ideas.
Economics LAP 3 Business Risk Objectives Explain types of business risk. Explain how businesses deal with risk.
Select Forms of Business Ownership
Product/Service Management LAP 8 Raise the Bar Grades and Standards.
Pricing LAP 2 Nature of Pricing Objectives Describe the pricing function. Explain the role of pricing in marketing.
Marketing-Information Management LAP 9 Explain the importance of market identification. Objectives: Discuss ways that a market can be segmented.
Nature of Marketing Strategies
The Nature and Scope of Selling
Market Identification
Product/Service Management LAP 3 Nature of the Product Mix.
LAP: QS-048 Considerations in Selecting a Securities Sales Agent.
LAP: QS-043 Objectives Explain how financial ratios are used. Demonstrate how to interpret profitability ratios.
Use It Economics LAP 13.
LAP: QS-047 How Securities Are Traded Objectives Describe types of securities trades. Describe the process of securities trading.
Have It Your Way Nature of Marketing Marketing LAP 4.
LAP: QS-031 Objectives Describe the importance of financial planning. Demonstrate a process for setting financial goals.
LAP: QS-009 Objectives Describe the steps for preparing an oral presentation. Demonstrate oral presentation skills.
Work the Big Six Marketing Functions Marketing LAP 1.
Selling LAP 130 Customer Service in Selling Go Beyond the Sale.
LAP: QS-048 Considerations in Selecting a Securities Sales Agent.
What’s the Motive? Buying Motives Selling LAP 109.
What's the Motive? Buying Motives Selling LAP 109.
Marketing-Information Management LAP 13 Marketing-Research Problems.
Promotion LAP 19 Play to the Fans Building Fan Support.
Money Matters Role of Finance A
LAP: QS-005 Objectives Describe what it takes to be creative.Apply the process of creative thinking.
Finance LAP 7 A Describe the role of finance and accounting in a business organization. Role of Finance and Accounting Money Matters.
Finance LAP 7 A B Describe the role of finance in a business organization. Discuss capital investment decisions and working capital management. Role of.
Make the Honor Role (Acting Responsibly) Emotional Intelligence LAP 21.
Economics LAP 4 Beyond US Global Trade. Objectives Explain why global trade is needed. Describe issues in global trade.
Economics LAP 19 Business Activities Strictly Business.
(Emotional Intelligence) EQ and You Emotional Intelligence LAP 6.
Emotional Intelligence LAP 17 Assessing Personal Strengths and Weaknesses Assess for Success.
Product/Service Management LAP 4 Promises, Promises Warranties and Guarantees.
Have It Your Way Nature of Marketing Marketing LAP 4.
Have It Your Way Nature of Marketing Marketing LAP 4.
The Private Enterprise System
Show Me the Money Nature of Accounting Financial Analysis LAP 5.
Channels of Distribution Channel Management LAP 3
Listen Up LAP: QS-001.
Emotional Intelligence
Nature of Customer Relations Customer Relations LAP 1
Licensing in Sport/Event Marketing Product/Service Management
(Nature of Sport Marketing)
Feature-Benefit Selling
Have It Your Way Nature of Marketing Marketing LAP 4.
Strictly Business Business Activities Economics LAP 19.
Decision Making in Business Professional Development LAP 10
The Nature of Promotion
Keep Them Loyal Selling LAP 115.
When More Is Less Functions of Prices Economics LAP 12.
Nature of the Product Mix
Nature of Marketing Strategies
The Nature of Promotion
Show Me the Money Nature of Accounting Financial Analysis LAP 5.
Emotional Intelligence LAP 25
Channel Management LAP 2
Presentation transcript:

Set Your Sales The Selling Process Selling LAP 126

Objectives Explain the nature of the selling process. Describe similarities and differences in the use of the selling process.

Explain the nature of the selling process. Objective Explain the nature of the selling process.

Selling process— affects all products you use Requires preparation, skill, work

Importance of the Selling Process Gains customer confidence Fulfills needs and wants Increases profits

Phases of the Selling Process Preparing to sell Establishing customer relationships Discovering customer needs

Phases of the Selling Process Prescribing solutions Reaching closure Reaffirming relationships

Preparing to Sell Acquiring product knowledge Identifying features and benefits Generating and qualifying leads Preparing sales presentations

Establishing Customer Relationships Put customers at ease. Gain confidence. Determine how to tailor approach.

Discovering Customer Needs Skillful questioning Careful listening Can be thought of as a “diagnosis”

Product demonstration Prescribing Solutions to Customer Needs Sales talk Product demonstration

Reaching Closure Addressing objections Getting the order You have to ask!

Reaffirming Buyer-Seller Relationships Following up on the sale Reassuring customers they made the right choice

Objective Describe similarities and differences in the use of the selling process.

Similarities in the Use of the Selling Process Establishing relationships with customers Discovering needs and wants

Similarities in the Use of the Selling Process Recommending products Closing the sale Reaffirming relationships

Differences in the Use of the Selling Process Preparing to sell Time spent in each phase

Differences in the Use of the Selling Process Nature of the product Nature of the customer

Last product you bought What did you learn from the selling process?

Generating sales leads Disguising cold-calling as research Ethical or not?

Acknowledgments Original Developers: Christopher C. Burke, Sarah Bartlett Borich, MBAResearch Version 1.0 Copyright © 2012 MBA Research and Curriculum Center

Digital-based photography sources: DIGITAL VISION LTD. Teenager Today Obj. B: #130271 Photos copyright Digital Vision Ltd., all rights reserved. 833 Fourth Ave. SW, Suite 800 Calgary, AB, Canada T2P 3T5 ThinkStock Photos Various images used in this presentation are ©2011 Think Stock Photos. All rights reserved www.ThinkStockPhotos.com

Copyright: All photographic digital images on this CD are owned by the aforementioned photographic resources or their licensors and are protected by the United States copyright laws, international treaty provisions, and applicable laws. No title to or intellectual property rights to the images on this CD are transferred to you. These sources retain all rights and are not to be used, digitally copied, transferred, or manipulated in any way. To do so is a violation of federal copyright laws.