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CHAPTER 11 Creating the Consultative Sales Presentation 1.

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Presentation on theme: "CHAPTER 11 Creating the Consultative Sales Presentation 1."— Presentation transcript:

1 CHAPTER 11 Creating the Consultative Sales Presentation 1

2 Learning Objectives Describe the characteristics of the consultative sales presentation Discuss the use of questions to determine needs Select solutions that match customer needs List and describe three types of need-satisfaction presentation strategies Present general guidelines for creating value-added presentations

3 Six-Step Presentation Plan
Approach (Chapter 10) Presentation Demonstration Negotiation Close Servicing the Sale

4 The Six-Step Presentation Plan
FIGURE 11.1

5 Four-Part Consultative Sales Presentation Guide
FIGURE 11.2

6 Need Discovery FIGURE 11.3

7 Value of Questioning Neil Rackham, author of Spin Selling, says that mastering the use of questions can increase one’s success in sales 17 percent.

8 Types of Questions Survey Probing Confirmation Need-satisfaction

9 Survey Questions Information gathering questions designed to obtain knowledge General survey questions Specific survey questions Not to be used for factual information one could acquire from other sources prior to the sales call

10 Need Discovery Strategically prepare tentative questions before making the sales call Prepare open and closed questions “Tell me a little bit about your investment portfolio?” (open/general survey) “What are your major concerns when managing your financial affairs?” (open/specific survey)

11 Probing Questions Help to uncover and clarify the prospect’s buying problem and circumstances Are referred to as implication or pain questions and used more frequently in large, complex sales Help the salesperson and customer gain a mutual understanding of why a problem is important

12 Confirmation Questions
Verify accuracy and assure a mutual understanding of information exchanged Summary-confirmation questions Buying conditions are those qualifications that must be available or fulfilled before the sale can be closed

13 Need-Satisfaction Questions
Designed to move the sales process toward commitment and action Focus on specific benefits Are powerful because they build desire for the solution and give ownership of the solution to the prospect

14 Need Satisfaction: Selecting Presentation Strategy
FIGURE 11.5

15 Listening and Acknowledging
Develop active listening skills Focus your full attention Paraphrase the customer’s meaning Take notes

16 Selecting Solutions that Add Value
FIGURE 11.4

17 Match Specific Benefits with Buying Motives
Buying based on need-fulfillment Buyers seek cluster of satisfactions Focus on benefits related to each dimension of value

18 Configure a Solution Most salespeople have variety of products
Package solution from your array of products

19 Appropriate Recommendations: Three Alternatives
Recommend solution: customer buys immediately Recommend solution: salesperson makes need-satisfaction presentation Recommend another source

20 Discovering Customer Needs
Duane Sparks, who developed Action Selling, says, “The success rate of sales calls rises significantly when more than two specific customer needs are uncovered by questioning.” See the Website

21 CARQUEST: Delivering What Customers Need
See the Website

22 Informative Presentation Strategy
Emphasizes facts Commonly used to introduce new products and services Stress clarity, simplicity, and directness Less is more—beware of information overload

23 Persuasive Presentation Strategy
To influence the prospect’s beliefs, attitudes, or behavior and to encourage buyer action Used when a need is identified Subtle seller transition from rational to emotional appeals Requires training and experience to be effective

24 Reminder Presentation Strategy
Also known as “reinforcement presentations” Maintains product awareness Good when working with repeat customers Sometimes a dimension of service after the sale

25 Developing Persuasive Presentations that Create Value
Emphasize relationship Sell benefits, obtain customer reactions Minimize negative impact of change Strongest appeal at start or end Target emotional links Use metaphors, stories, testimonials

26 General Guidelines for Value-Added Presentations
Demonstration adds strength Plan negotiating and closing methods Plan customer service to add value Keep presentation simple, concise

27 Time Used by Salesperson
FIGURE 11.6

28 Review: Planning and Execution
FIGURE 11.7

29 Key Concept Discussion Questions
Describe the characteristics of the consultative sales presentation Discuss the use of questions to determine needs Describe the process to select solutions that match customer needs

30 Key Concept Discussion Questions
List and describe three types of need-satisfaction presentation strategies Present general guidelines for creating value-added presentations

31 Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. Printed in the United States of America. Copyright © 2010 Pearson Education, Inc.   Publishing as Prentice Hall 11-31


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