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The Nature and Scope of Selling
Sell Away The Nature and Scope of Selling Selling LAP 117
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Sell Away A B Explain the nature of selling.
The Nature and Scope of Selling A Explain the nature of selling. B Explain personal characteristics of successful salespeople. Selling LAP 117
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A Explain the nature of selling.
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Why learn about the nature and scope of selling?
What does selling have to do with you? Goods and services must be sold for business to exist. Selling: Creates millions of careers Builds essential skills
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Selling Defined Planned communication Personalized communication
Influences purchase decisions Enhances future business opportunities
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Why Do Customers Buy? To obtain goods/services they need and want
Sold directly to consumers for ultimate consumption Sold to organizations for resale Sold to organizations for use in business operations Bulk Pepperoni
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Every Business Organization Sells
Entrepreneurs sell ideas to banks to obtain financing. Manufacturers sell goods to wholesalers and retailers. Wholesalers resell goods to retailers. Retailers and service providers sell goods and services to customers.
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Tangible and Intangible Products
Can be touched, smelled, tasted, seen, or heard Clothes, houses, food, smartphones
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Tangible and Intangible Products
Productive activities we pay someone else to perform Dry cleaning, lawn care, health care Lines can be blurry.
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Selling Doesn’t Just Happen in Stores
Anywhere person-to- person contact is made Over the phone On a person’s doorstep At a customer’s place of business In an office Online
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How Products Are Sold Directly to the consumer without the use of a wholesaler or retailer Indirectly to the consumer or user through the use of intermediaries (wholesalers or retailers)
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The Role of Selling in Our Economy
Keeps economy moving Promotes competition Affects employment Adds utility Helps customers determine needs Creates desire for products
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B Explain personal characteristics of successful salespeople.
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Characteristics of Successful Salespeople
Education and training Self-motivation Self-confidence Product knowledge Customer knowledge Ethics Success
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Characteristics of Successful Salespeople
Persistence and patience Selling skills Belief in selling as a service Communication skills Creativity Personal appearance
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Think back to the interactions you’ve had in the past week.
What did you “sell” to someone? Does this change your perception of your “sales” ability?
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Sam works at an electronics store.
He needs to make the sale. Is it ethical to “push” a customer to buy?
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Acknowledgments Original Developers:
Kerry Winfrey and Lelia Ventling, MBAResearch Version 2.0 Copyright © 2014 MBA Research and Curriculum Center
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Digital-based photography sources:
ThinkStock Photography Various images used in this presentation are ©2013 Thinkstockphotos. All rights reserved
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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.
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