Adaptive Selling for Relationship Building

Slides:



Advertisements
Similar presentations
Chapter 13 - What is Selling? What is Selling?. Chapter 13 - What is Selling? What is Selling? n Helping Customers make satisfying buying decisions -
Advertisements

Understanding Buyers – How and why customers buy
Set your Sales The Selling Process.
Chapter 13 - What is Selling? What is Selling?. Chapter 13 - What is Selling? What is Selling? n Helping Customers make satisfying buying decisions -
Begin Your Presentation Strategy Begin Your Presentation Strategy Chapter 10.
Chapter 6 Topics  What is adaptive selling?  Why is it important for salespeople to practice adaptive selling?  What kind of knowledge do salespeople.
9-1. Carefully Select Which Sales Presentation Method to Use Chapter 9 Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
Planning, Staffing, and Training Successful Salespeople
HRM-755 PERFORMANCE MANAGEMENT
Communicating Across Cultures
(Chapter 3) ( 3rd Semester )
SELLING AND SALES MANGEMENT
Sales Management and Sales 2.0
6 - 1 Chapter 6 Chapter 6 Questions answered Why personal selling? Adaptive selling Selling process Using strategies Role of knowledge Social style matrix.
Explain personal selling’s role in the marketing communications mix
Chapter 12 selling overview Section 12.1 The Sales Function
Adaptive Selling for Relationship Building
Chapter 3 Needs Assessment
Understanding Buyers.
Stephen B. Castleberry | John F. Tanner Jr. Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior.
Chapter 6 Appointments and Planning the Presentation.
Chapter 5 Adaptive Selling for Relationship Building
Principles of Marketing Lecture-36. Summary of Lecture-35.
The Kauffmann Group, LLC Outsourcing Expert Mini-Briefing HIRING EXCEPTIONAL SALESPEOPLE January 2008.
Module Three Understanding Buyers.
Module Three Understanding Buyers.
Expanding Customer Relationships
16-1. Planning, Staffing, and Training Successful Salespeople Chapter 16 Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
Selling training program BSBCMM401A C62247 OLIVIA.
© 2007 The McGraw-Hill Companies, Inc. All rights reserved.
Indicator 3.06 Acquire product knowledge to communicate product benefits and to ensure appropriateness of product for the customer.
Selling and Salespeople
© 2007 The McGraw-Hill Companies, Inc. All rights reserved.
© 2007 The McGraw-Hill Companies, Inc. All rights reserved.
Communicating across Cultures
McGraw-Hill/Irwin Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 3 The Personal Selling Process The sales process itself.
Customer Service: Is the Customer Always Right?
Chapter 6 Appointments and Planning the Presentation.
Building Trust and Sales Ethics
CHAPTER 4 Communication Styles: A Key to Adaptive Selling Today.
Communication Styles: Managing Selling Relationships
© 2007 The McGraw-Hill Companies, Inc. All rights reserved.
Penn State GEW 2014 Tim Kerchinski - PennTAP
Adaptive Selling Salespeople practice adaptive selling when they use different sales presentations for different customers and alter their sales presentation.
Understanding Buyers – How and why customers buy Chapter 3.
Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin 10-1.
Obtaining Commitment Some questions answered in this chapter are:
Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. Slide 1 Interviewing PART THREE.
Dr. Bea Bourne 1. 2 If you have any troubles in seminar, please do call Tech Support at: They can assist if you get “bumped” from the seminar.
Relationship Selling Mark W. Johnston Greg W. Marshall McGraw-Hill/Irwin Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved.
© 2007 The McGraw-Hill Companies, Inc. All rights reserved.
Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
Chapter 9 - The Structure of Sales Presentations.
Understanding Buyers – How and why customers buy
© 2007 The McGraw-Hill Companies, Inc. All rights reserved.
SET YOUR SALES The Selling Process. WHY LEARN ABOUT THE SELLING PROCESS?  Brings _________ to you, either directly or through the businesses  Most salespeople.
© 2009 The McGraw-Hill Companies, Inc. All rights reserved.
Marketing Ch 13 What is Selling?. Knowing your product and your customer Selling – Helping customers make satisfying buying decisions – Do this by communicating.
©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
1 Chapter - 8.  Customer oriented selling: The degree to which salespeople practice the marketing concept by trying to help their customers make purchase.
UNDERSTAND THE IMPORTANCE OF SELLING. Selling is…  Any form of direct, personal communication between a salesperson and a prospective customer  Communication.
TH EDITION CHAPTER 16 COMMUNICATION STYLES: MANAGING THE RELATIONSHIP PROCESS Manning and Reece.
Relaxed Promotional Busy Reserved Share Decisions Expressive Decision Maker Secretive Non competitive Socializing Competitive Isolated TolerantSeek Crowds.
MGT301 Principles of Marketing Lecture-36. Summary of Lecture-35.
What is Selling?. The Sales Profession n One of the oldest and most valued businesses. n Compete for their share of the market to realize profit. n Essential.
Chapter 5 Adaptive Selling for Relationship Building
ADAPTIVE SELLING FOR RELATIONSHIP BUILDING
Understanding Buyers Copyright ©2017 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible.
Customer Behavioural Styles
Adaptive Selling for Relationship Building
Presentation transcript:

Adaptive Selling for Relationship Building CHAPTER 6 Adaptive Selling for Relationship Building Some questions answered in this chapter are: What is adaptive selling? Why is it important for salespeople to practice adaptive selling? What kind of knowledge do salespeople need to practice adaptive selling? How can salespeople acquire this knowledge? How can salespeople adapt their sales strategies, presentations, and social styles to various situations? Page 146 6-1 McGraw-Hill/Irwin

Types of Presentations Standard memorized presentation Also called a canned presentation Completely memorized sales talk Ensures salespeople will provide complete and accurate information Limited effectiveness Outlined presentation Prearranged presentation that usually includes standard introduction, standard Q&A, and a standard method for getting the customer to place an order Effective because it is well organized Page 148 6-2 McGraw-Hill/Irwin

Types of Presentations (continued) Customized presentation Written and/or oral presentation based on a detailed analysis of the customer’s needs Allows the salesperson to demonstrate empathy Standard, memorized presentations can be delivered at low cost by unskilled salespeople Customized presentations can be very costly, requiring highly skilled people to analyze the customer’s needs Pages 148, 149 6-3 McGraw-Hill/Irwin

Product and company knowledge Knowledge Management Product and company knowledge Salespeople need to have a lot of information about their products, services, company, and competitors. Knowledge about sales situations and customers Pages 151, 152 6-4 McGraw-Hill/Irwin

Knowledge Management (continued) How to create knowledge Top company salespeople Feedback from sales managers Other sources of knowledge Web Company sales manuals and newsletters Sale meetings Plant visits Business and trade publications Competitor displays at trade shows Viewing competitor’s Web pages Page 152 6-5 McGraw-Hill/Irwin

Knowledge Management (continued) Retrieving knowledge from the knowledge management system Customer relationship management systems Electronic sales partner Salesforce.com Page 153 6-6 McGraw-Hill/Irwin

The Social Style Matrix The social style matrix is a popular training program that companies use to help sales people adapt their communication styles. Dimensions of social styles Assertiveness The degree to which people have opinions about issues and make their positions clear to others. Responsiveness Based on how emotional people tend to get in social situations. Pages 153, 154 6-7 McGraw-Hill/Irwin

Indicators of Assertiveness Page 154 6-8 McGraw-Hill/Irwin

Indicators of Responsiveness Page 154 6-9 McGraw-Hill/Irwin

Social Style Matrix Page 155 6-10 McGraw-Hill/Irwin

Selling to Various Social Styles Drivers Use a direct, businesslike, organized presentation with quick action and follow-up. Expressives Demonstrate how products will help the customer achieve personal status and recognition. Amiables Build a personal relationship. Analyticals Use solid, tangible evidence when making presentations to analyticals. Pages 154-156 6-11 McGraw-Hill/Irwin

Identifying Customer’s Social Styles Concentrate on the customer’s behavior and disregard how you feel about the behavior. Avoid assuming that specific jobs or functions are associated with a social style. Test your assessments. Page 157 6-12 McGraw-Hill/Irwin

Cues for Recognizing Social Styles Page 157 6-13 McGraw-Hill/Irwin

Social Styles and Sales Presentations There is no one best social style for a salesperson. Effective selling involves more than communicating product benefits. Salespeople must recognize the customer’s needs and expectations. The salesperson’s personal social style tends to determine the sales technique he or she typically uses. Pages 157-159 6-14 McGraw-Hill/Irwin

Versatility Versatile salespeople are much more effective than salespeople who do not adjust their sales presentations. Pages 159, 160 6-15 McGraw-Hill/Irwin

The Role of Knowledge Sales people learn the cues for identifying the four customer categories or types. Salespeople learn which adjustments they need to make in their communication style to be effective with each customer type. Pages 160, 161 6-16 McGraw-Hill/Irwin

Adjusting Social Styles Page 160 6-17 McGraw-Hill/Irwin

Systems for Developing Adaptive Selling Skills Training methods such as the social style matrix and expert systems are simply a first step in developing knowledge for practicing adaptive selling. Salespeople should avoid rigidly applying the classification rules. Pages 161, 162 Expert system Computer program that mimics a human expert. 6-18 McGraw-Hill/Irwin

Murray’s Psychogenic Needs DEFINITION EXAMPLES Autonomy To be independent and free to act according to impulse To be unattached To defy convention Impulse buying; wearing unconventional clothing Dominance To direct the behavior of others Aggressively demanding attention in service establishments Nurturance To give sympathy and help Working with employees to help them reach their goals Exhibition To make an impression To excite, amaze, fascinate, entertain, shock, intrigue, amuse, or entice others Wearing high-fashion clothing Buying new products that are unconventional Learning about new technology and products Cognizance The need to explore, to ask questions, to seek knowledge Being opinion leaders In depth understanding of issues Exposition The need to give information and explain, interpret, and lecture Consensus building

Summary Extensive knowledge of customer and sales situation types is a key ingredient in effective adaptive selling. Experienced salespeople organize customer knowledge into categories. The social style matrix illustrates the concept of developing categorical knowledge to facilitate adaptive selling. The social style matrix is one example of a categorical scheme salespeople can use to improve their knowledge and adaptability. Understanding “style” can help you understand personal needs. Page 163 6-20 McGraw-Hill/Irwin