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Melissa Galvin University of St. Thomas May 20, 2003 From transactional to relationship selling
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Difficult economic situations, Fierce competition, More knowledgeable and demanding customers. Challenges
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In the past selling was sole objective Now, customers expect: Solutions Relationships Information Customers want value!
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Offer value Ask penetrating questions Listen to customers Talk about long-term benefits Plan strategies to meet the demands Beyond transactional selling
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Training can help!
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Research Communication Presentation IMPAX Three-step process
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Understanding the customer’s business Developing credibility Gaining information Step 1: Research
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Leveraging the research to gain access to true decision makers who can really buy the value that is offered. Step 2: Communication
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Delivering the kind of presentation the decision maker won’t see from any of their competitors. Step 3: Presentation
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“Do individuals trained to use the three-step, sales enhancement process perceive it to be an important tool to obtain sales goals?”
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Objectives Quantify the return on investment. Drive home any key findings and speak to the value of the IMPAX process. Position themselves as a leader within the sales industry.
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Who I asked 300 past clients surveyed 18 questions 63 surveys returned 21% response rate
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Respondents fell into the following industry categories Computer Technology Education Financial Health Care Insurance Marketing Telecommunication Transportation
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The IMPAX process of research, communication and presentation has made a positive impact in my job. Percent
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The IMPAX process has given me new skills that have helped me to close sales. Percent
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As a result of training, I’ve been able to capture repeat business with existing clients. Percent
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Of the three components, choose the one that has had the most significant impact on your ability to meet sales objectives. Percent
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Have you incorporated what you’ve learned from IMPAX into your daily routine? Percent
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The IMPAX process has made it easier to sell my product and/or services during the current economic downturn. Percent
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The IMPAX process has helped me to make successful presentations to top-level executives. Percent
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I would recommend IMPAX training to other individuals. Percent
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“Do individuals trained to use the three-step, sales enhancement process perceive it to be an important tool to obtain sales goals?” YES!
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Recommendations Follow-up with clients. Gain a better understanding of each industry before training. Communicate findings with clients. Conduct additional research.
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Questions?
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