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TOPIC: PRINCIPLES OF PERSONAL SELLING
Presented by: Suchismita Chakraborty
BBA(H),3rd year, 5th Semester
INTRODUCTION
Personal Selling is an ancient art in
marketing.In today’s market the companies
spend hundreds of millions of dollars each
year to train salespeople in methods of
analysis and Customer Relationship
Management (CRM) and to transform them
from passive order takers to active order
getters.
THE SPIN METHOD
The reps are taught this method to build long
term relationships with the “question” as
follows:
 S – Situation Question
 P – Problem Question
 I – Implication Question
 N – Need-payoff Question
7 STEPS OF EFFECTIVE SELLING
1.Prospecting & Qualifying
 Identification and qualifying the prospects
 Searching for the potential customers
2. Pre-approach
 Learning about the prospects and its buyers
 Researching on customers’ needs
 Learning about the background of the
prospects.
3.Approach
 Building a good relationship with the customers
 Keep in touch with the identified customers.
4.Presentation & Demonstration
 Telling about the product story i.e,
FABV(features, advantages, benefits, value)
5. Overcoming objections
 Facing the objections created by the customers
 Handling the objections
6. Closing
 Recapitulation of the product story to the customers
according to theirs demand
 Convincing them to purchase the product
 Giving them the information regarding the discounts,
token gifts, etra services etc.
7. Follow-up & maintenance
 Following up about the purchase terms, delivery
times etc.
 Continuous following up to reduce any cognitive
dissonance.
Feedback
Thank You

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Suchismita 5th sem,marketing

  • 1. TOPIC: PRINCIPLES OF PERSONAL SELLING Presented by: Suchismita Chakraborty BBA(H),3rd year, 5th Semester
  • 2. INTRODUCTION Personal Selling is an ancient art in marketing.In today’s market the companies spend hundreds of millions of dollars each year to train salespeople in methods of analysis and Customer Relationship Management (CRM) and to transform them from passive order takers to active order getters.
  • 3. THE SPIN METHOD The reps are taught this method to build long term relationships with the “question” as follows:  S – Situation Question  P – Problem Question  I – Implication Question  N – Need-payoff Question
  • 4. 7 STEPS OF EFFECTIVE SELLING
  • 5. 1.Prospecting & Qualifying  Identification and qualifying the prospects  Searching for the potential customers 2. Pre-approach  Learning about the prospects and its buyers  Researching on customers’ needs  Learning about the background of the prospects.
  • 6. 3.Approach  Building a good relationship with the customers  Keep in touch with the identified customers. 4.Presentation & Demonstration  Telling about the product story i.e, FABV(features, advantages, benefits, value) 5. Overcoming objections  Facing the objections created by the customers  Handling the objections
  • 7. 6. Closing  Recapitulation of the product story to the customers according to theirs demand  Convincing them to purchase the product  Giving them the information regarding the discounts, token gifts, etra services etc. 7. Follow-up & maintenance  Following up about the purchase terms, delivery times etc.  Continuous following up to reduce any cognitive dissonance.