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Chapter 14: PERSONAL SELLING and SALES MANAGEMENT 14.1.

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Presentation on theme: "Chapter 14: PERSONAL SELLING and SALES MANAGEMENT 14.1."— Presentation transcript:

1 Chapter 14: PERSONAL SELLING and SALES MANAGEMENT 14.1

2 Personal Selling PERSONAL SELLING WILL DOMINATE THE PROMOTIONAL MIX WHEN A BRAND IS: Higher Priced Requires Demonstration Tailored to Users’ Needs Involves a Trade-In Primarily Judged at Point-of-Purchase 14.2

3 Personal Selling (con’t)
ROLE OF PERSONAL SELLING Market Analysis Sales Forecast New Product Ideas Buyer Behavior Analysis Communications Sales Coordination Customer Service Customer Relations Management 14.3

4 Personal Selling (con’t)
TYPES OF PERSONAL SELLING Order Taking Accepting Orders Scheduling Services Creative Selling Team Selling Seminar Selling System Selling 14.4

5 Personal Selling (con’t)
TYPES OF PERSONAL SELLING (con’t) Supportive Communications Missionary Salesperson Detail Salesperson 14.5

6 Personal Selling (con’t)
SETTING OBJECTIVES FOR PERSONAL SELLING Create Profitable Differential Competitive Advantage Accord Uniqueness to Each Potential Buyer Manage a Set of Buying-Selling Relationships for Mutual Benefit Control the Communication 14.6

7 Personal Selling (con’t)
PERSONAL SELLING PROCESS Preparation Prospecting Initial Contact Begins the Process 14.7

8 Personal Selling (con’t)
PERSONAL SELLING PROCESS (con’t) Presentation Options Canned Presentation Attention-Interest-Desire-Action (AIDA) Needs Satisfaction Need Development Need Awareness Need Fulfillment Consultive Selling Telemarketing 14.8

9 Personal Selling (con’t)
PERSONAL SELLING PROCESS (con’t) Handling Objections Closing the Sale Trial Close Presumptive Close Straightforward Close: the Professional close Follow-Up Shipping Installation Financing 14.9

10 Personal Selling (con’t)
NEW ENVIRONMENT FOR PERSONAL SELLING Sophistication of Marketing Planning Sales Force Automation (SFA) Sales People Dealing with More Demanding Buyers 14.10

11 Sales Management SITUATION ANALYSIS External Situation
Internal Situation SET SALES OBJECTIVES Broadest Level – Total Dollar Sales Next Level – Estimate Sales by Territory or Product Line Most Specific Level – Objectives Set by Salesperson 14.11

12 Sales Management (con’t)
ESTABLISH A BUDGET Factors to Include: Recruiting, Training, Travel, Promo Materials, Salaries & Benefits, Incentive Programs Methods: % of Sales Approach Competitive-Parity Approach Objective & Task Management Assesses Objectives Budget Based on Objectives, Tasks for Sales Force are Specified, Compensated For and Given Incentive All Costs Associated with Tasks Determined and Budgeted For This Method Relates Activities to Cost 14.12

13 Sales Management (con’t)
SALES FORCE STRUCTURE Product Line Structure Type of Customer Geographic Territory Structure 14.13

14 Sales Management (con’t)
JOB DESCRIPTIONS AND QUALIFICATIONS RECRUITING Sources of Applications Attracting Applicants Screening and Evaluating Applicants 14.14

15 Sales Management (con’t)
TRAINING Content of Program Duration of Time Training Personnel Location of Training 14.15

16 Sales Management (con’t)
COMPENSATION AND MOTIVATION Straight Salary Commission Based Combination Plans MOTIVATION Task Clarity Recognition of Goal Attainment Job Enrichment Perquisites 14.16

17 Sales Management (con’t)
EVALUATION Draws on Objectives for Personal Selling Several Criteria on Which Sales Staff May Be Judged Quantitative Qualitative 14.17


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