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1
        Overview
        of Selling




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or
duplicated, or posted to a publicly accessible website, in whole or in part.
Learning Objectives                                                                                                 1
       L 1                  Define personal selling and describe its unique
                            characteristics as a marketing communications
                            tool.


       L 2                  Distinguish between transaction-focused
                            traditional selling and trust-based relationship
                            selling, with the latter focusing on customer value
                            and sales dialogue.


       L 3                  Understand sales professionalism as a key driver
                            in the continued evolution of personal selling.

©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Learning Objectives                                                                                                 1
       L 4                  Explain the contributions of personal selling to
                            society, business firms, and customers.

        L 5                 Discuss five alternative approaches to selling.

        L 6                 Understand the sales process as a series of
                            interrelated steps.


        L 7                 Describe several aspects of sales careers, types
                            of selling jobs, and the key qualifications
                            needed for sales success.

©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Personal Selling – Defined                                                                                                       1
        An important part of marketing that relies
        heavily on interpersonal interactions
        between buyers
        and sellers to
        initiate, develop,
        and enhance
        customer
        relationships.



©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Trust-Based Relationship Selling                                                                                                              1
         Requires that salespeople:




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Customer Value                                                                                            1
                               The customer’s perception of what
                             they get for what they have to give up.




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Assessing the Value
                                            of the Salesperson                                                                                            1
        • Does the salesperson do a good job in
          helping me?
        • Is the salesperson
          dependable?
        • Does the salesperson
          help me achieve my
          strategic priorities?




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Assessing the Value
                                            of the Salesperson                                                                                            1
        • Is the salesperson’s company easy to work
          with, i.e., hassle-free?
        • Does the salesperson
          enlist others in his or
          her organization when
          needed to create value
          for me?
        • Does the sales
          representative understand
          my business and my industry?
©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Sales Dialogue                                                                                      1
 Business conversation
 between buyers & sellers
 that occur as salespeople
 attempt to initiate,
 develop, & enhance
 customer relationships.




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Purpose of Sales Dialogue                                                                                                   1
            Allows for more
            thorough qualifying.




            Clarify the prospect’s
            situation and buying
            process.



            Helps determine
            prospective customer’s
            unique needs.


©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Purpose of Sales Dialogue                                                                                                   1
            Determine the
            prospect’s strategic
            priorities



            Communicate ability
            to create and deliver
            customer value.



            Negotiate and earn
            commitment.



©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Purpose of Sales Dialogue                                                                                                   1
          Communicate additional
          opportunities to increase
          value.


           Assess sales
           organization & salesperson
           performance.




            Continuously improve
            customer value.



©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Transaction-Focused Selling vs.
                Trust-Based Relationship Selling
                                                                                                                                                          1




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Transaction-Focused Selling vs.
                Trust-Based Relationship Selling
                                                                                                                                                          1




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Evolution of Personal Selling –
                        What is a “Profession”                                                                                                            1




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Sales Professionalism                                                                                             1
                                                                     A customer-oriented
                                                                      approach that uses truthful,
                                                                       non-manipulative tactics to
                                                                       satisfy the long-term needs
                                                                       of both the customer and
                                                                      the selling firm.




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Contributions of Personal Selling:
             Salespeople and Society
                                                                                                                                                          1
               • Salespeople help stimulate the economy.

                                                                                                       Nothing happens until
               • Salespeople help with                                                               somebody sells something!
                 the diffusion of
                 innovation.




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Contributions of Personal Selling:
            Salespeople and the Employing Firm
                                                                                                                                                          1
           • Salespeople generate revenue.
           • Salespeople provide market research
             and customer feedback.
           • Salespeople become future leaders in
             the organization.




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Contributions of Personal Selling:
          Salespeople and the Customer
                                                                                                                                                          1
          • Salespeople provide solutions to problems.
          • Salespeople provide expertise and serve as
            information resources.
          • Salespeople serve as advocates for the
            customer when dealing with the selling
            organization.




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Ethical Dilemma                                                                                              1




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Alternative
                    Personal Selling Approaches
                                                                                                                                                          1
          •      Stimulus Response Selling
          •      Mental States Selling                                                                       Adaptive Selling:
                                                                                                             the ability of a
          •      Need Satisfaction Selling                                                                   salesperson to alter
                                                                                                             his/her sales messages
          •      Problem Solving Selling                                                                     and behaviors during a
                                                                                                             sales presentation or as
          •      Consultative Selling                                                                        they encounter different
                                                                                                             sales situations and
                                                                                                             different customers.




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Stimulus Response Selling                                                                                                    1

                         An approach to selling where the key
                         idea is that various stimuli can elicit
                         predictable responses from customers.
                         Salespeople furnish the stimuli from a
                         repertoire of words and actions designed
                         to produced the desired response.




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Stimulus Response Selling                                                                                                    1




          Simple in design; assumes conditioned response improves likelihood of
          success; a risky and unreliable strategy.

©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Continued Affirmation Selling                                                                                                         1

                         An example of stimulus response selling
                         in which a series of questions or
                         statements furnished by the salesperson
                         is designed to condition the prospective
                         buyer to answering “yes” time after time,
                         until, it is hoped, he or she will be
                         inclined to say “yes” to the entire sales
                         proposition.




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Mental States Selling                                                                                            1

                         Assumes the buying process for most
                         buyers is essentially identical and that
                         buyers can be led through certain
                         mental states, or steps, in the buying
                         process.




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Mental States Selling                                                                                            1




             Assumes buyer can be led through mental states; promotes one-way
             communication; a risky and unreliable strategy.
©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Need Satisfaction Selling                                                                                                 1

                         Based on the notion that the customer is
                         buying to satisfy a particular need or set
                         of needs. The salesperson is more
                         dependent upon questioning and
                         listening to uncover the buyer’s needs.




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Need Satisfaction Selling                                                                                                 1




                       Interact with buyer to determine existing needs; present
                       solutions to needs; solutions limited to seller’s products.

©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Problem Solving Selling                                                                                                1

                         An extension of need satisfaction selling
                         that goes beyond identifying needs to
                         developing alternative solutions for
                         satisfying these needs




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Problem Solving Selling                                                                                                     1




              Interact with buyer to determine existing and potential needs;
              present multiple solutions not limited to seller’s products.
©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Ethical Dilemma                                                                                              1




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Consultative Selling                                                                                               1
                                                  The process of helping
                              Long-Term            customers reach their
                                 Ally
                                                  strategic goals by using
                                                         the products,
                    Business                               services, and
                   Consultant
                                                           expertise of the
                                      Strategic
                                     Orchestrator
                                                            selling
                                                           organization.




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
The Sales Process - Overview                                                                                                           1




©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

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Week 1 Pt 1

  • 1. 1 Overview of Selling ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 2. Learning Objectives 1 L 1 Define personal selling and describe its unique characteristics as a marketing communications tool. L 2 Distinguish between transaction-focused traditional selling and trust-based relationship selling, with the latter focusing on customer value and sales dialogue. L 3 Understand sales professionalism as a key driver in the continued evolution of personal selling. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 3. Learning Objectives 1 L 4 Explain the contributions of personal selling to society, business firms, and customers. L 5 Discuss five alternative approaches to selling. L 6 Understand the sales process as a series of interrelated steps. L 7 Describe several aspects of sales careers, types of selling jobs, and the key qualifications needed for sales success. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 4. Personal Selling – Defined 1 An important part of marketing that relies heavily on interpersonal interactions between buyers and sellers to initiate, develop, and enhance customer relationships. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 5. Trust-Based Relationship Selling 1 Requires that salespeople: ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 6. Customer Value 1 The customer’s perception of what they get for what they have to give up. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 7. Assessing the Value of the Salesperson 1 • Does the salesperson do a good job in helping me? • Is the salesperson dependable? • Does the salesperson help me achieve my strategic priorities? ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 8. Assessing the Value of the Salesperson 1 • Is the salesperson’s company easy to work with, i.e., hassle-free? • Does the salesperson enlist others in his or her organization when needed to create value for me? • Does the sales representative understand my business and my industry? ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 9. Sales Dialogue 1 Business conversation between buyers & sellers that occur as salespeople attempt to initiate, develop, & enhance customer relationships. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 10. Purpose of Sales Dialogue 1 Allows for more thorough qualifying. Clarify the prospect’s situation and buying process. Helps determine prospective customer’s unique needs. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 11. Purpose of Sales Dialogue 1 Determine the prospect’s strategic priorities Communicate ability to create and deliver customer value. Negotiate and earn commitment. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 12. Purpose of Sales Dialogue 1 Communicate additional opportunities to increase value. Assess sales organization & salesperson performance. Continuously improve customer value. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 13. Transaction-Focused Selling vs. Trust-Based Relationship Selling 1 ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 14. Transaction-Focused Selling vs. Trust-Based Relationship Selling 1 ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 15. Evolution of Personal Selling – What is a “Profession” 1 ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 16. Sales Professionalism 1 A customer-oriented approach that uses truthful, non-manipulative tactics to satisfy the long-term needs of both the customer and the selling firm. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 17. Contributions of Personal Selling: Salespeople and Society 1 • Salespeople help stimulate the economy. Nothing happens until • Salespeople help with somebody sells something! the diffusion of innovation. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 18. Contributions of Personal Selling: Salespeople and the Employing Firm 1 • Salespeople generate revenue. • Salespeople provide market research and customer feedback. • Salespeople become future leaders in the organization. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 19. Contributions of Personal Selling: Salespeople and the Customer 1 • Salespeople provide solutions to problems. • Salespeople provide expertise and serve as information resources. • Salespeople serve as advocates for the customer when dealing with the selling organization. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 20. Ethical Dilemma 1 ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 21. Alternative Personal Selling Approaches 1 • Stimulus Response Selling • Mental States Selling Adaptive Selling: the ability of a • Need Satisfaction Selling salesperson to alter his/her sales messages • Problem Solving Selling and behaviors during a sales presentation or as • Consultative Selling they encounter different sales situations and different customers. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 22. Stimulus Response Selling 1 An approach to selling where the key idea is that various stimuli can elicit predictable responses from customers. Salespeople furnish the stimuli from a repertoire of words and actions designed to produced the desired response. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 23. Stimulus Response Selling 1 Simple in design; assumes conditioned response improves likelihood of success; a risky and unreliable strategy. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 24. Continued Affirmation Selling 1 An example of stimulus response selling in which a series of questions or statements furnished by the salesperson is designed to condition the prospective buyer to answering “yes” time after time, until, it is hoped, he or she will be inclined to say “yes” to the entire sales proposition. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 25. Mental States Selling 1 Assumes the buying process for most buyers is essentially identical and that buyers can be led through certain mental states, or steps, in the buying process. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 26. Mental States Selling 1 Assumes buyer can be led through mental states; promotes one-way communication; a risky and unreliable strategy. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 27. Need Satisfaction Selling 1 Based on the notion that the customer is buying to satisfy a particular need or set of needs. The salesperson is more dependent upon questioning and listening to uncover the buyer’s needs. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 28. Need Satisfaction Selling 1 Interact with buyer to determine existing needs; present solutions to needs; solutions limited to seller’s products. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 29. Problem Solving Selling 1 An extension of need satisfaction selling that goes beyond identifying needs to developing alternative solutions for satisfying these needs ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 30. Problem Solving Selling 1 Interact with buyer to determine existing and potential needs; present multiple solutions not limited to seller’s products. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 31. Ethical Dilemma 1 ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 32. Consultative Selling 1 The process of helping Long-Term customers reach their Ally strategic goals by using the products, Business services, and Consultant expertise of the Strategic Orchestrator selling organization. ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
  • 33. The Sales Process - Overview 1 ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.