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Personal Selling, Sales Management, and Sales Promotion

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Presentation on theme: "Personal Selling, Sales Management, and Sales Promotion"— Presentation transcript:

1 Personal Selling, Sales Management, and Sales Promotion
Chapter Fifteen Personal Selling, Sales Management, and Sales Promotion 1

2 Objectives Describe roles of selling and relationship management
Identify when to use personal selling Understand contributions of a salesperson Outline the steps involved in making a sale Understand ongoing nature of selling & marketing Describe major aspects of sales manager’s job Classify various forms of sales compensation Identify ethical issues facing sales personnel Overview sales promotion

3 Methods of Personal Selling
Retail selling Field selling Telemarketing Inside selling

4 Characteristics of Personal Selling
Flexibility Adapt to situations Engage in dialog Identify best prospects Builds Relationships Long term Assure buyers receive appropriate services Solves customer’s problems 6

5 Personal Selling Limitations
Can not reach mass audience Expensive per contact Numerous calls needed to generate sale 7

6 Personal Selling Tasks
Order taking Routine writing up orders checking invoices assuring prompt order processing Suggestive selling

7 Personal Selling Tasks
Order getting Seeking out customers Analyze customer problems Match firm’s solutions w/ customer problem Arouse customer interest Sell

8 Personal Selling Tasks
Missionary Detailer Goodwill “Closers” Cross-functional Account service team 11

9 The Creative Selling Process
FOLLOWING UP CLOSING HANDLING OBJECTIONS MAKING THE PRESENTATION APPROACHING THE PROSPECT PREAPPROACH PLANNING LOCATING QUALIFIED PROSPECTS The Creative Selling Process 12

10 Creative Selling Process
Locating Qualified Prospects Prospecting: Identifying likely new customers Leads Qualifying: Evaluating a prospect’s potential

11 Creative Selling Process
Preapproach Planning Understand situation People Roles Needs

12 Creative Selling Process
Approaching the Prospect Contact Rapport “Only one chance to make a first impression”

13 Creative Selling Process
Sales Presentation Persuasive communication Attention Interest Desire “Tell the product’s story”

14 Creative Selling Process
Handling Objections Questions Reservations Understand Concern Counterarguments Acknowledge concern Clues to process

15 Creative Selling Process
Closing the Sale Closing signals Trial close Ask for the sale

16 Creative Selling Process
Following Up Commitments met Shipment Performance Reinforce relationship Satisfied customers rebuy & recommend

17 Sales Management Planning Organizing Controlling Directing Setting
objectives Organizing activities Organizing Controlling Recruit, select, train, develop, manage, & motivate Directing Motivate, evaluate, & control

18 Organizing Sales Activities
Sales Territory: Geographic divisions Customer types Product lines

19 Geographic Division Vice-President Marketing Regional Sales Manager
District Sales Manager Sales Rep California Pacific NW Southeast Northeast

20 Customer Type Vice-President Sales New Accounts Manager
Existing Accounts New Account #1 #2 Existing Account #1 Account #2

21 Product Line Vice-President Sales Snack Foods Sales Manager Beverages
Sales Rep Eastern Region West’n Region Sales rep

22 Directing the Sales Force
Recruiting and selecting Training Compensating Motivating

23 Compensation Methods Straight salary or wage Salary plus commission
Quota-bonus plan

24 Evaluation and Control
Measurement against objectives Mutual standards Activity logs 30

25 Ethical Issues Honesty Accurate information Misrepresentation
No bribes or gifts No conspiracy 31

26 Sales Promotion Objective: Bolster/complement other promotional mix elements during a specific time period Targeted toward: Sales force Wholesalers and retailers Consumers

27 Trade Promotions Objective: Motivate for special efforts
Increase number of distributors

28 Major Forms of Trade Promotion
Trade shows Contests Display equipment and P-O-P materials Cooperative advertising & promotions Allowances

29 Consumer Promotion Product sampling Coupons Rebates
Contest & sweepstakes

30 Consumer Promotion Premiums Multiple purchase offers P-O-P material
Product placements/tie-ins

31 Review Describe roles of selling and relationship management
Identify when to use personal selling Understand contributions of a salesperson Outline the steps involved in making a sale Understand ongoing nature of selling & marketing Describe major aspects of sales manager’s job Classify various forms of sales compensation Identify ethical issues facing sales personnel Overview sales promotion


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