Selling Statements- Communicating the Features, Advantages, and Benefits of Your Product/Service R. Usry Extension Specialist and Lecturer Emeritus Department.

Slides:



Advertisements
Similar presentations
Last Updated Your Audience Investors Service Providers Entrepreneurs Executives Strategic Partners.
Advertisements

Australian Innovations Write a brief introduction here.
Customer focus And the Marketing mix.
Market Data for Your Small Business Where Do You Look for It and How to Use It R. Usry Extension Specialist and Lecturer Emeritus Department of Agricultural.
Brought to you in association with 1 How to create a Successful Marketing Plan.
Project Title GIST [City, Country] [Month, Year] Team/Company Name Pitch Presentation Template CRDF Global – The GIST Initiative.
C HAPTER 11 C ONTENTS OF THE S ALES T RAINING P ROGRAM: S ALES K NOWLEDGE AND THE S ELLING P ROCESS.
Marketing and corporate strategies
Product Planning Sustaining Product Sales Chapter 30.2.
Idea Presentation Team Name : Title of Product/Service : Team Members Name, HP, .
3.01 A -Product/Service Management
Objects CSE 115 Spring 2006 January 25, Object-Oriented Program System of objects that communicate with one another and work together to solve a.
[Idea Titile] Business Plan Presentation [Presentor_name] [Other_Team_Members_name] Note: Slides should not exceed 7 (including this and the thank you.
Marketing Plan.
ENPI MODULE 4 WHAT AM I SELLING? UNDERSTANDING YOUR PRODUCT What does your company sell? What product/service will put your company “on the map”? How.
Features and Functions of Information Systems. What are information systems?  Information systems consist of software, hardware and communication networks.
Proudly brought to you by YES Dragons’ Den How to Pitch your Business.
To the Start Your Own Business Business Planning workshop.
Sample Format and Contents for 2015 High School Business Plan Competition Allotted presentation time –10 minutes 5 min. for Q/A Non proprietary information.
Strategic Planning: Making Choices in a Dynamic Environment
3 Purposes for Business Plan  Explains idea behind it and how you will get and sell the product/service  Sets goals and outlines how you plan to achieve.
October 10 New Product. The Marketing Process Customer Relationship Management.
Week One Chapter five “Develop a Business Plan”
Idea Name Team Members. Market Need What problems or needs your product will solve?
Formulating Strategic Marketing Programs
Company and Marketing Strategy Chapter: 2. Developing an integrated marketing mix Marketing Mix The set of controllable tactical marketing tools- Product,
Unit 10 Economic Benefits of Marketing.  New and improved products  Creates competition  Larger variety of products and services  Lower prices  Increase.
Mission Statement Explain why your are starting your business and what you hope to accomplish.
D. MARKETING A SMALL BUSINESS 7.00 Identify product decisions necessary for a small business Identify factors that contribute to the selection of.
Factors that Contribute to the Selection of Products/Services in Small Business.
Marketing Plan. Marketing Plan Objectives Most important piece of your plan Build on industry and marketplace analysis – define your niche Identify your.
Coach Bentley.  The process of planning, pricing, promoting, selling and distributing ideas, goods, or services to create exchanges that satisfy customers.
Relationship Sales Programme Course Outline INTRODUCTION The course emphasis is on the building of long term relationships with Key Customer and Influencers.
Marketing and Sales- What’s the Difference R. Usry Extension Specialist and Lecturer Emeritus Department of Agricultural & Resource Economics NC State.
Cornell Horticultural Business Management and Marketing Program Marketing Your Horticulture Service Business Marketing Your Horticulture Service Business.
Quality Statement Example We are commited to assuring customer satisfaction by providing quality products. We will perform all activities in a manner,
Marketing Is Everywhere!!
Copyright 2000 Prentice Hall2-1 Chapter 2 Strategic Planning: Making Choices in a Dynamic Environment.
1 Understand principles of marketing.. 2 Functions of Marketing  What happens during the marketing process?  Businesses are involved in the process.
AFM. Economics 1. Display knowledge of the concept of supply and demand 2. Distinguish between consumer wants and needs 3. Explain the concept of opportunity.
LECTURE. PRODUCT QUALITY AND COMPETITIVENESS. PLAN OF THE LECTURE 1.The concept of quality products 2.The concept of competitive products.
Lecture Slides Business Communication, 16e, Lehman & DuFrene © 2011 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or.
Enc strategy | 1430 Spring Hill Road | Suite 575 | McLean, VA | Phone: | encstrategy.com | ©2012 all rights reservedencstrategy.com.
FUNCTIONS OF MARKETING. PURCHASING Buying goods/services for the business operation.
1 Copyright © 2009 by Nelson Education, Ltd. All rights reserved. Chapter 2 2 Strategic Planning for Competitive Advantage Canadian Adaptation prepared.
Advertising and Sales Promotion ©2013 Cengage Learning. All Rights Reserved. Chapter 8.
Marketing I Curriculum Guide. The World of Marketing Standard 1.
MGT301 Principles of Marketing Lecture-20. Summary of Lecture-19.
MARKETING MIX. What is Marketing Mix? The marketing mix is the combination of marketing activities that an organisation engages in so as to best meet.
Marketing mix  “The set of marketing tools that the firm uses to pursue its marketing objectives in the target market” [Kotler]  It is often referred.
Customer service. Customer service is concerned with the activities affecting the customer before, during and after a sale takes place.
Introducing a New Product
Product.
Customer service.
Lesson 2.3 6/9/2018 LESSON 2.3 RESPOND EFFECTIVELY
& How a Salesperson Sells
SELLING SATISFIES CUSTOMERS
Created by: Dr. Janet Ratliff & Ms. Jenna Johnson
3.01 A -Product/Service Management
Presenting Your Business Opportunity
دانشگاه شهیدرجایی تهران
تعهدات مشتری در کنوانسیون بیع بین المللی
Bowling Alleys Team Project.
1Competitive Matrix1 ● Product MY PRODUCT Product 1 Product 2
CLASS BUSINESS PROPOSAL
1 Hour Training Bubbles Selling Skills Model
Name of Business Slogan Entrepreneur’s name title.
National Interest & Foreign Policy
Presenting Your Business Opportunity
3.01 A -Product/Service Management
Presentation transcript:

Selling Statements- Communicating the Features, Advantages, and Benefits of Your Product/Service R. Usry Extension Specialist and Lecturer Emeritus Department of Agricultural & Resource Economics NC State University January 2013

The takeaways  Selling Statements  Features, Advantages, and Benefits of your product/service  FAB technique in communications with the customer

Selling Statements  Statements used to describe your product/service accurately to your customer  Statements that will be the body of your sales presentation  Statements composed of three things-  Features  Advantages  Benefits

Features  The physical properties of your product/service  What it is  Product quality, packaging, brand,, price  Rack and pinion steering, safety deck, steel deck

Advantages  Capabilities of your product/service  What it does  Accomplishes, completes, performs  Examples: vacuums lawn and leaf clippings, tighter turning radius, harder to puncture the deck, reduces flying objects, longer life, and stops runaway mowers

Benefits  Bonuses gained by your customers  What it does better than the competition  Reliability, protections of contents/ customer, quality control (assurances), value to customer (savings)  Examples: saves time, saves money, safety, increases revenues

Your product or service ___________________________  Features ____________ ______________ _____________  Advantages ____________ ______________ _____________  Benefits ____________ ______________ _____________

Create and write a selling statement for your product/service. The statement should contain a feature, an advantage, and a benefit _________________________________ _________________________________ _________________________________ FFABFAABBFABBBFAB

Selling Statements-Communicating the Features, Advantages, and Benefits of Your Product/Service Thank you for your attention!