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Introduction to Business & Marketing

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Presentation on theme: "Introduction to Business & Marketing"— Presentation transcript:

1 Introduction to Business & Marketing
The Selling Process Introduction to Business & Marketing

2 Selling Process Process of matching customer’s needs & wants with features & benefits of a product 7 steps in this process Salesperson plays vital role

3 Step 1 Approach the Customer Greet the customer face-to-face
Begin conversation Establish relationship

4 Step 2 Determine Needs Learn what the customer is looking for
Decide which product to show first Determine what features to highlight

5 Step 3 Present the Product Educate the customer about the product
Explain why this product would be best Give other product options

6 Step 4 Overcome Objections Learn why customer is reluctant to buy
Provide information to remove confusion Help customer make satisfied decision

7 Step 5 Close the Sale Get customer to be positive about purchase
Happy customers buy more & more often Money is exchanged

8 Step 6 Suggestion Selling Additional products are recommended
Typically sale items are suggested Add-on’s for the original purchase item

9 Step 7 Relationship Building Create means of contact with customer
Happy customers tell their friends Make money in commission-based jobs

10 Qualities of a Successful Sales Pitch
Video

11 IT’S PROJECT TIME!!! Think about a product that you recently purchased at the store (any product) Take that product through The Selling Process (all 7 steps must be used) You may serve as either the customer or the sales associate We will present these projects in class


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