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LUIS LOPEZ
LUISA ROSAS
KETAKI BAHADUR
AMANPREET KAUR
MANPREET MATHARU
Company Overview
 Founded in 1990, Ohio
 More than 1600 stores in U.S. and Canada
 80 stores in other 23 countries
 Product lines
 Body Care
 Hand soaps and sanitizers
 Home fragrance
Sales Strategy
Personal
selling
Philosophy
Relationship
Strategy
Product
Strategy
Customer
Strategy
Presentation
Strategy
Added Value Sales Model
 Personal Selling Philosophy:
 Associates problem solvers
 Decisions based on customer choice
 Relationship Strategy
 Win-Win situations
 Connecting with customers emotionally
 Deliver experiences
Added Value Sales Model
 Product Strategy
 Expertise salesperson
 Value added solutions
 Changing store decoration every 3 weeks
 Customer Strategy
 Customer Oriented
 Presentation Strategy
 In-store demonstrations
Sales Tactics
 Emotive approach through trained associates
 Provide shopping bags
 Lower cost products at the checking point
Sales Tactics
 Deal with buyers:
 Demonstration
 Questions
 Feel-felt-found
 Closing Tactics
 Trial Closing
 Assumptive Close
 Direct appeal close
 Transactional Pricing
 Quantity Discounts
 Seasonal Discounts
Sales Monitoring
 Sales Goals
 Sales Success Rates
 Customer Review’s
 Customer feedback
Sales Reward Program
 Associate benefits
 Extra Sales Incentives
 Salary: not commission based
 Not personal growth, promotes growth of the store as a
whole
Rating Vs. Peers
 No direct Competition
 No celebrity endorsement or validation for their
product
 Focus on emotional connection with customer
Tactics to Promote Sales
 Target customers
 Higher quality as compared to drugstore
products
 Affordable prices
 Seasonal appeal leads to better turnover
 Taking contact information of customer to offer
promotional deals
 Emotional connectivity with customer
 Return policy
 Special combination packages
Strategy Vs. Reality
 Matches with the course material
 Added value sales model
 Personal selling philosophy
 Relationship strategy
 Product strategy
 Consumer strategy
 Presentation strategy
 Strong Demonstration Techniques
 Dealing with buyer concerns
 Closing tactics
 Pricing strategies
 Selling tactics
Suggestions
 Use flexing communication styles
 Make customers more comfortable
 Don’t push customers for purchases
Questions?

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BATH & BODY WORKS ppt

  • 1. LUIS LOPEZ LUISA ROSAS KETAKI BAHADUR AMANPREET KAUR MANPREET MATHARU
  • 2. Company Overview  Founded in 1990, Ohio  More than 1600 stores in U.S. and Canada  80 stores in other 23 countries  Product lines  Body Care  Hand soaps and sanitizers  Home fragrance
  • 4. Added Value Sales Model  Personal Selling Philosophy:  Associates problem solvers  Decisions based on customer choice  Relationship Strategy  Win-Win situations  Connecting with customers emotionally  Deliver experiences
  • 5. Added Value Sales Model  Product Strategy  Expertise salesperson  Value added solutions  Changing store decoration every 3 weeks  Customer Strategy  Customer Oriented  Presentation Strategy  In-store demonstrations
  • 6. Sales Tactics  Emotive approach through trained associates  Provide shopping bags  Lower cost products at the checking point
  • 7. Sales Tactics  Deal with buyers:  Demonstration  Questions  Feel-felt-found  Closing Tactics  Trial Closing  Assumptive Close  Direct appeal close  Transactional Pricing  Quantity Discounts  Seasonal Discounts
  • 8. Sales Monitoring  Sales Goals  Sales Success Rates  Customer Review’s  Customer feedback
  • 9. Sales Reward Program  Associate benefits  Extra Sales Incentives  Salary: not commission based  Not personal growth, promotes growth of the store as a whole
  • 10. Rating Vs. Peers  No direct Competition  No celebrity endorsement or validation for their product  Focus on emotional connection with customer
  • 11. Tactics to Promote Sales  Target customers  Higher quality as compared to drugstore products  Affordable prices  Seasonal appeal leads to better turnover  Taking contact information of customer to offer promotional deals  Emotional connectivity with customer  Return policy  Special combination packages
  • 12. Strategy Vs. Reality  Matches with the course material  Added value sales model  Personal selling philosophy  Relationship strategy  Product strategy  Consumer strategy  Presentation strategy  Strong Demonstration Techniques  Dealing with buyer concerns  Closing tactics  Pricing strategies  Selling tactics
  • 13. Suggestions  Use flexing communication styles  Make customers more comfortable  Don’t push customers for purchases
  • 14.