1. © 2009 The McGraw-Hill Companies, Inc. All rights reserved.

2. MAKING THE SALES CALL  How should the salesperson make the initial approach to make a good impression and gain the prospect’s attention?  How can the salesperson develop rapport and increase source credibility?  Why is discovering the prospect’s needs important, and how can a salesperson get this information?  How can the salesperson most effectively relate the product or service features to the prospect’s needs?  Why is it important for the salesperson to make adjustments during the call?  How does the salesperson recognize that adjustments are needed?  How can a salesperson effectively sell to groups? 9-2 McGraw-Hill/Irwin chapter 9 SOME QUESTIONS ANSWERED IN THIS CHAPTER ARE:

3. © 2009 The McGraw-Hill Companies, Inc. All rights reserved. 9-3 McGraw-Hill/Irwin “If it wasn’t for the familiar faces, responsiveness, and addressing the customers’ needs directly with a friendly smile, we would not have been considered for the business, let alone the contract.” ~Chad Stinchfield Hospira

4. © 2009 The McGraw-Hill Companies, Inc. All rights reserved. 9-4 Essential Elements of the Sales Call McGraw-Hill/Irwin

5. © 2009 The McGraw-Hill Companies, Inc. All rights reserved.  The content of an actual sales call depends on: –The specific situation –The extent of the established relationship  Four A’s selling process: –Acknowledge –Acquire –Advise –________ 9-5 Introduction McGraw-Hill/Irwin

6. © 2009 The McGraw-Hill Companies, Inc. All rights reserved. Waiting for the Prospect  Be on time or call if you’re going to be a few minutes late  Make good use of your waiting time  15 minute rule  When to reschedule 9-6 McGraw-Hill/Irwin

7. © 2009 The McGraw-Hill Companies, Inc. All rights reserved. Very First Impressions  Making a favorable first impression usually results in a prospect who is willing to listen  How you dress  How you look –Be well groomed –Be confident –Smile  Modify behavior based on prospect’s state  Customer’s name 9-7 McGraw-Hill/Irwin

8. © 2009 The McGraw-Hill Companies, Inc. All rights reserved.  Selecting a seat –Be aware of your surroundings –Read the prospect’s nonverbal cues  Getting the customer’s attention –Prospects use the first few minutes to determine if they will ________ from the interaction –Salespeople basically have less than ________ minutes to get credibility with the client –Presentation openings 9-8 Making a Good Impression (continued) McGraw-Hill/Irwin

9. © 2009 The McGraw-Hill Companies, Inc. All rights reserved.  Introduction opening: Simply introduce yourself  Referral opening: Tell about someone who referred you to the buyer  Benefit opening: Start by telling some benefit of the product  Product opening: Demonstrate a product feature and benefit as soon as you walk up to the prospect  Compliment opening: Start by complimenting the buyer or buyer’s firm  Question opening: Start the conversation with a question 9-9 Openings That Salespeople Can Use to Gain Attention McGraw-Hill/Irwin

10. © 2009 The McGraw-Hill Companies, Inc. All rights reserved.  Developing ________ –Should be the goal of every salesperson –Small talk –Office scanning –Consider cultural and personality differences –Share goals or agenda  When things go wrong –Maintain the proper perspective and a sense of humor –Apologize –Think before you speak 9-10 Making a Good Impression (continued) McGraw-Hill/Irwin ________ in selling is a close, harmonious relationship founded on mutual trust.

11. © 2009 The McGraw-Hill Companies, Inc. All rights reserved.  After capturing the buyer’s attention, it is time to identify the buyer’s ________  Use transition sentences  Don’t be surprised if the buyer is reluctant to provide confidential information  Discovering needs is part of qualifying the prospect –This process can be uncomfortable for the prospect 9-11 Identifying the Prospect’s Needs: The Power of Asking Questions McGraw-Hill/Irwin

12. © 2009 The McGraw-Hill Companies, Inc. All rights reserved. 9-12 Discovering the Root Cause of the Need McGraw-Hill/Irwin

13. © 2009 The McGraw-Hill Companies, Inc. All rights reserved. Asking Open and Closed Questions  Open questions require the prospect to go beyond a simple yes-or-no response  Closed questions require yes, no, or short “fill-in-the-blank” type response  In most cases salespeople need to ask both open and closed questions  Summarize the prospects needs 9-13 McGraw-Hill/Irwin

14. © 2009 The McGraw-Hill Companies, Inc. All rights reserved.  Situation questions –General data-gathering questions –Many situation-type questions can be answered through precall information gathering and planning  Problem questions –Questions about specific difficulties, problems, or dissatisfactions  Implication questions –Help the prospect recognize the true ramifications of the problem –________ the prospect to search for a solution to the problem 9-14 SPIN® Technique McGraw-Hill/Irwin

15. © 2009 The McGraw-Hill Companies, Inc. All rights reserved.  Need payoff questions –Questions about the usefulness of solving a problem –________ centered  Conclusions about SPIN® –Encourages the prospect to define the need –Prospect views the salesperson more as a consultant trying to help than as someone pushing a product 9-15 SPIN® Technique (continued) McGraw-Hill/Irwin

16. © 2009 The McGraw-Hill Companies, Inc. All rights reserved.  Reiterate needs you identified before the meeting –Both parties can agree about the problem they are trying to solve  Prepare a set of questions that maximize the use of available time  Develop a ________ for the presentation –Prioritize buyer needs –Discuss features that address buyer needs 9-16 Reiterating Needs and Developing a Strategy for the Presentation McGraw-Hill/Irwin

17. © 2009 The McGraw-Hill Companies, Inc. All rights reserved. Offering Value: The Solution to the Buyer’s Needs  Relating features to benefits –Feature: quality or characteristic of the product or service –Benefit: the way in which a specific feature will ________ a particular buyer –FEBA (feature, evidence, benefit, ________ ) 9-17 McGraw-Hill/Irwin

18. © 2009 The McGraw-Hill Companies, Inc. All rights reserved. Assessing Reactions  Using nonverbal cues  Verbal probing –Allows the salesperson to stop talking and encourages two-way conversation –Lets the salesperson see whether the buyer is listening and understanding what is being said –May show that the prospect is uninterested  Making adjustments –Changing direction –Collecting additional information –Developing a new sales strategy –Altering the style of presentation 9-18 McGraw-Hill/Irwin

19. © 2009 The McGraw-Hill Companies, Inc. All rights reserved.  Clearly delineate the time she or he thinks the call will take and then stop when the time is up  Offer concrete ________ to back up verbal statements  Avoid making statements that do not have the ring of truth to them  Make a balanced presentation that shows all sides of the situation  Recognize sub-cultural differences 9-19 Building Credibility During the Call McGraw-Hill/Irwin

20. © 2009 The McGraw-Hill Companies, Inc. All rights reserved.  Demonstrate product expertise  Keep it ________  Be willing to say, “I’m sorry, I was wrong on that,” or “I don’t know the answer to that, but I’ll get it to you.”  Never use a word unless you know the exact definition 9-20 Building Credibility During the Call (continued) McGraw-Hill/Irwin

21. © 2009 The McGraw-Hill Companies, Inc. All rights reserved. Selling to Groups  Groups behave like groups, with group standards and norms and issues of status and group leadership.  Salespeople should discover (for each prospect group member): –Member status within the group –________ –Perceptions about the urgency of the problem –Receptivity to ideas –Knowledge of the subject matter –Attitude toward the salesperson –Major areas of interest and concern –Key benefits sought –Likely resistance and ways to handle it 9-21 McGraw-Hill/Irwin

22. © 2009 The McGraw-Hill Companies, Inc. All rights reserved. Selling to Groups (continued)  Salespeople should also discover the ego involvement and issue involvement of each group member  Develop objectives and plan  Learn the names of group members and use them when appropriate  Listen carefully and observe all nonverbal cues 9-22 McGraw-Hill/Irwin

23. © 2009 The McGraw-Hill Companies, Inc. All rights reserved.  Make every possible effort to create a good impression during a sales call.  Use any of several methods to gain the prospect’s attention.  Establish the prospect’s needs before beginning any discussion of product information.  Translate features into benefits for the buyer.  Make any necessary adjustments in the presentation based on buyer feedback. 9-23 Summary McGraw-Hill/Irwin

24. © 2009 The McGraw-Hill Companies, Inc. All rights reserved.  Build credibility.  When selling to groups, the salesperson should: –Gather information about the needs and concerns of each individual who will attend –Uncover the ego involvement and issue involvement of each group member –Develop meeting objectives and individual prospect objectives 9-24 Summary (continued) McGraw-Hill/Irwin