SlideShare a Scribd company logo
1 of 37
20-1
© 2013 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
CHAPTER
Personal Selling and
Sales Management
20
Copyright © 2014 by the McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin
20-2
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
L E A R N I N G O B J E C T I V E S
Describe the value added of personal
selling.
Define the steps in the personal selling
process.
Describe the key functions involved in
managing a sales force.
Describe the ethical and legal issues in
personal selling.
Personal Selling and Sales Management
LO1
LO2
LO3
LO4
20-3
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Personal Selling
AP Photo/Paul Sakuma.
20-4
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
The Scope and Nature of Personal Selling
Internet Telephone
Face-to-face Teleconference
20-5
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Professional Selling as a Career
 People love the lifestyle
 There is a lot of flexibility
 There is a lot of variety in
the job
 Can be very lucrative
 Very visible to
management and good
for promotions
Sales Jobs Website
©Royalty-Free/Corbis
20-6
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
The Value Added by Personal Selling
 Salespeople Provide
Information and
Advice
 Salespeople Save
Time and Simplify
Buying
 Salespeople Build
Relationships
©Royalty-Free/Corbis
20-7
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
The Personal Selling Process
Generate and
qualify leads
Preapproach
Sales
presentation and
overcoming
reservations
Closing the sale Follow-up
20-8
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Step 1: Generate and Qualify Leads
Sources of
Leads
Current
Customers
Networking
Events
The
Internet
Trade
Shows
20-9
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Generate Leads
Cold calls
Telemarketing
©Royalty-Free/Corbis
20-10
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Step 2: Preapproach
Extends the
qualification
procedure
Set goals for what is
to be accomplished
©Royalty-Free/Corbis
20-11
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Step 3: Sales Presentation
and Overcoming Reservations
The Presentation
Handling
Reservations
Klaus Tiedge/Blend Images/Getty Images
20-12
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Aligning the Personal Selling Process
with the B2B Buying Process
20-13
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Step 4: Closing the Sale
 Getting the order
 Often most stressful
part of sales process
 A “no” one day may
be the foundation for
a “yes” anotherDigitalVision/GettyImages
20-14
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Step 5: Follow-Up
Five Service Quality Dimensions
Reliability
Responsiveness
Assurance
Empathy
Tangibles
20-15
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
1. Why is personal selling important to an IMC
strategy?
2. What are the steps in the personal selling
process?
CHECK YOURSELF
20-16
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Managing the Sales Force
Managing
the Sales
Force
Sales force
structure
Recruiting
and selecting
salespeople
Sales training
Motivating
and
compensating
salespeople
Evaluating
salespeople
20-17
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Sales Force Structure
Company
sales force
Employees
Established product lines
Manufacturers
representatives
(independent agents)
Not employees
Smaller firms
New markets
20-18
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Salesperson Duties
Order getter
Order taker
Sales support personnel
Comstock Images /Jupiter images.
20-19
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Recruiting and Selecting Salespeople
Personality
Optimism
Resilience
Self-
motivation
Empathy
20-20
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Recruiting for Success
How does a firm
that focuses on a
fun product
recruit
salespeople who
exhibit fun?
©Stockbyte/PunchStock
20-21
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Sales Training
Selling and negotiation techniques
Products and service knowledge
Technologies used in the selling process
Time and territory management
Company policies and procedures
20-22
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Motivating and Compensating Salespeople
Financial rewards Nonfinancial rewards
GRANTLAND® Copyright Grantland Enterprises; www.grantland.net
20-23
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Evaluating Salespeople
 Tied to the reward
structure
 Evaluation measures
can be either
objective or subjective
BananaStock/PictureQuest
20-24
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
1. What do sales managers need to do to
successfully manage their sales force?
2. What is the difference between monetary and
nonmonetary incentives?
CHECK YOURSELF
20-25
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Ethical and Legal Issues in
Personal Selling
The Sales
Manager and
the Sales Force
The Sales Force
and Corporate
Policy
The
Salesperson
and the
Customer
20-26
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Issues for the Sales Force
and Corporate Policy
The firm may have a policy to sell goods or services
to people who cannot afford them or to people who
should not have them.
APPhoto/CharlieRiedel
20-27
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Issues for the Sales Person
and the Customer
Have you ever felt that
you were treated
unethically by a
salesperson? What
happened?
Royalty-Free/CORBIS
20-28
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
1. What are three areas of personal selling in
which ethical and legal issues are more likely
to arise?
CHECK YOURSELF
20-29
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Return to slide
Cold calls are a method of prospecting in which
sales people telephone or go to see potential
clients without appointments.
Glossary
20-30
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Return to slide
A company sales force comprises people who
are employees of the selling company.
Glossary
20-31
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Return to slide
Manufacturer’s representatives are sales
people who sell a manufacturer’s products on
an extended contract basis but are not
employees of the manufacturer.
Glossary
20-32
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Return to slide
An order getter is a salesperson whose primary
responsibilities are identifying potential
customers and engaging those customers in
discussions to attempt to make a sale.
Glossary
20-33
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Return to slide
An order taker is a salesperson whose primary
responsibility is to process routine orders or
reorders or rebuys for products.
Glossary
20-34
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Return to slide
The preapproach occurs prior to meeting the
customer for the first time and extends the
qualification of leads procedure.
Glossary
20-35
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Return to slide
Relationship selling is a sales philosophy and
process that emphasizes a commitment to
maintaining the relationship over the long term
and investing in opportunities that are mutually
beneficial to all parties.
Glossary
20-36
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Return to slide
Telemarketing is a method of prospecting in
which sales people telephone potential
customers without appointments.
Glossary
20-37
© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.
This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Return to slide
Trade shows are attended by buyers who
choose to be exposed to products and services
offered by potential suppliers in an industry.
Glossary

More Related Content

Viewers also liked

Belch 10e ch05_ppt
Belch 10e ch05_pptBelch 10e ch05_ppt
Belch 10e ch05_pptkpatric
 
Ppt chapter 5
Ppt chapter 5Ppt chapter 5
Ppt chapter 5kpatric
 
Ppt Chapter 19
Ppt Chapter 19Ppt Chapter 19
Ppt Chapter 19kpatric
 
Grewal & Levy 5e Chapter 6 - Consumer Behavior
Grewal & Levy 5e Chapter 6 - Consumer BehaviorGrewal & Levy 5e Chapter 6 - Consumer Behavior
Grewal & Levy 5e Chapter 6 - Consumer Behaviorkpatric
 
Chapter 02
Chapter 02Chapter 02
Chapter 02kpatric
 
Chapter 18 - Integrated Marketing Communications
Chapter 18 - Integrated Marketing CommunicationsChapter 18 - Integrated Marketing Communications
Chapter 18 - Integrated Marketing Communicationskpatric
 
Chapter 10 Presentation
Chapter 10 PresentationChapter 10 Presentation
Chapter 10 Presentationkpatric
 
Basic chap011
Basic chap011Basic chap011
Basic chap011kpatric
 
Chapter 4 - Marketing Ethics
Chapter 4 - Marketing EthicsChapter 4 - Marketing Ethics
Chapter 4 - Marketing Ethicskpatric
 
Business-to-Business Marketing
Business-to-Business MarketingBusiness-to-Business Marketing
Business-to-Business Marketingkpatric
 
Ch07 student ppt_slides
Ch07 student ppt_slidesCh07 student ppt_slides
Ch07 student ppt_slideskpatric
 
Ppt Chapter 13
Ppt Chapter 13Ppt Chapter 13
Ppt Chapter 13kpatric
 
Ppt Chapter 11
Ppt Chapter 11Ppt Chapter 11
Ppt Chapter 11kpatric
 
Belch 10e ch04_ppt
Belch 10e ch04_pptBelch 10e ch04_ppt
Belch 10e ch04_pptkpatric
 
Ppt Chapter 9
Ppt Chapter 9Ppt Chapter 9
Ppt Chapter 9kpatric
 
Chapter 9 - Segmentation, Targeting, and Positioning
Chapter 9 - Segmentation, Targeting, and Positioning Chapter 9 - Segmentation, Targeting, and Positioning
Chapter 9 - Segmentation, Targeting, and Positioning kpatric
 
Ppt chapter 4
Ppt chapter 4Ppt chapter 4
Ppt chapter 4kpatric
 
Ppt Chapter 14
Ppt Chapter 14Ppt Chapter 14
Ppt Chapter 14kpatric
 
Chapter 9 Presentation
Chapter 9 PresentationChapter 9 Presentation
Chapter 9 Presentationkpatric
 

Viewers also liked (19)

Belch 10e ch05_ppt
Belch 10e ch05_pptBelch 10e ch05_ppt
Belch 10e ch05_ppt
 
Ppt chapter 5
Ppt chapter 5Ppt chapter 5
Ppt chapter 5
 
Ppt Chapter 19
Ppt Chapter 19Ppt Chapter 19
Ppt Chapter 19
 
Grewal & Levy 5e Chapter 6 - Consumer Behavior
Grewal & Levy 5e Chapter 6 - Consumer BehaviorGrewal & Levy 5e Chapter 6 - Consumer Behavior
Grewal & Levy 5e Chapter 6 - Consumer Behavior
 
Chapter 02
Chapter 02Chapter 02
Chapter 02
 
Chapter 18 - Integrated Marketing Communications
Chapter 18 - Integrated Marketing CommunicationsChapter 18 - Integrated Marketing Communications
Chapter 18 - Integrated Marketing Communications
 
Chapter 10 Presentation
Chapter 10 PresentationChapter 10 Presentation
Chapter 10 Presentation
 
Basic chap011
Basic chap011Basic chap011
Basic chap011
 
Chapter 4 - Marketing Ethics
Chapter 4 - Marketing EthicsChapter 4 - Marketing Ethics
Chapter 4 - Marketing Ethics
 
Business-to-Business Marketing
Business-to-Business MarketingBusiness-to-Business Marketing
Business-to-Business Marketing
 
Ch07 student ppt_slides
Ch07 student ppt_slidesCh07 student ppt_slides
Ch07 student ppt_slides
 
Ppt Chapter 13
Ppt Chapter 13Ppt Chapter 13
Ppt Chapter 13
 
Ppt Chapter 11
Ppt Chapter 11Ppt Chapter 11
Ppt Chapter 11
 
Belch 10e ch04_ppt
Belch 10e ch04_pptBelch 10e ch04_ppt
Belch 10e ch04_ppt
 
Ppt Chapter 9
Ppt Chapter 9Ppt Chapter 9
Ppt Chapter 9
 
Chapter 9 - Segmentation, Targeting, and Positioning
Chapter 9 - Segmentation, Targeting, and Positioning Chapter 9 - Segmentation, Targeting, and Positioning
Chapter 9 - Segmentation, Targeting, and Positioning
 
Ppt chapter 4
Ppt chapter 4Ppt chapter 4
Ppt chapter 4
 
Ppt Chapter 14
Ppt Chapter 14Ppt Chapter 14
Ppt Chapter 14
 
Chapter 9 Presentation
Chapter 9 PresentationChapter 9 Presentation
Chapter 9 Presentation
 

Similar to Chapter 20

Basic chap001kpatricsu2014
Basic chap001kpatricsu2014Basic chap001kpatricsu2014
Basic chap001kpatricsu2014kpatric
 
Chap1 sum14
Chap1 sum14Chap1 sum14
Chap1 sum14athinker
 
Mc g h g&l chap004
Mc g h g&l chap004Mc g h g&l chap004
Mc g h g&l chap004kpatric
 
Chapter 19
Chapter 19Chapter 19
Chapter 19kpatric
 
Basic chap016
Basic chap016Basic chap016
Basic chap016kpatric
 
Chapter 17
Chapter 17Chapter 17
Chapter 17kpatric
 
Basic chap013
Basic chap013Basic chap013
Basic chap013kpatric
 
Segmentation, Targeting, and Positioning9McGraw-HillIrwin.docx
Segmentation, Targeting, and Positioning9McGraw-HillIrwin.docxSegmentation, Targeting, and Positioning9McGraw-HillIrwin.docx
Segmentation, Targeting, and Positioning9McGraw-HillIrwin.docxbagotjesusa
 
Mc g h g&l chap008
Mc g h g&l chap008Mc g h g&l chap008
Mc g h g&l chap008kpatric
 
Mc g h g&l chap010
Mc g h g&l chap010Mc g h g&l chap010
Mc g h g&l chap010kpatric
 
Mc g h g&l chap006
Mc g h g&l chap006Mc g h g&l chap006
Mc g h g&l chap006kpatric
 
Global ManagementManaging across BordersPPT12C.docx
Global ManagementManaging across BordersPPT12C.docxGlobal ManagementManaging across BordersPPT12C.docx
Global ManagementManaging across BordersPPT12C.docxshericehewat
 
72520151EstablishingCredibilityChapter One.docx
72520151EstablishingCredibilityChapter One.docx72520151EstablishingCredibilityChapter One.docx
72520151EstablishingCredibilityChapter One.docxevonnehoggarth79783
 
© 2016 by McGraw-Hill Education. This is proprietary
© 2016 by McGraw-Hill Education. This is proprietary© 2016 by McGraw-Hill Education. This is proprietary
© 2016 by McGraw-Hill Education. This is proprietaryLesleyWhitesidefv
 
Basic chap014
Basic chap014Basic chap014
Basic chap014kpatric
 

Similar to Chapter 20 (20)

Basic chap001kpatricsu2014
Basic chap001kpatricsu2014Basic chap001kpatricsu2014
Basic chap001kpatricsu2014
 
Chap1 sum14
Chap1 sum14Chap1 sum14
Chap1 sum14
 
Mc g h g&l chap004
Mc g h g&l chap004Mc g h g&l chap004
Mc g h g&l chap004
 
Chapter 19
Chapter 19Chapter 19
Chapter 19
 
MKT 340 Ch14 ppt
MKT 340 Ch14 pptMKT 340 Ch14 ppt
MKT 340 Ch14 ppt
 
Basic chap016
Basic chap016Basic chap016
Basic chap016
 
Chapter 17
Chapter 17Chapter 17
Chapter 17
 
Basic chap013
Basic chap013Basic chap013
Basic chap013
 
Segmentation, Targeting, and Positioning9McGraw-HillIrwin.docx
Segmentation, Targeting, and Positioning9McGraw-HillIrwin.docxSegmentation, Targeting, and Positioning9McGraw-HillIrwin.docx
Segmentation, Targeting, and Positioning9McGraw-HillIrwin.docx
 
MKT 340 Ch12 ppt(1)
MKT 340 Ch12 ppt(1)MKT 340 Ch12 ppt(1)
MKT 340 Ch12 ppt(1)
 
Mc g h g&l chap008
Mc g h g&l chap008Mc g h g&l chap008
Mc g h g&l chap008
 
Mc g h g&l chap010
Mc g h g&l chap010Mc g h g&l chap010
Mc g h g&l chap010
 
Mc g h g&l chap006
Mc g h g&l chap006Mc g h g&l chap006
Mc g h g&l chap006
 
Global ManagementManaging across BordersPPT12C.docx
Global ManagementManaging across BordersPPT12C.docxGlobal ManagementManaging across BordersPPT12C.docx
Global ManagementManaging across BordersPPT12C.docx
 
72520151EstablishingCredibilityChapter One.docx
72520151EstablishingCredibilityChapter One.docx72520151EstablishingCredibilityChapter One.docx
72520151EstablishingCredibilityChapter One.docx
 
MKT 340 Ch18 ppt
MKT 340 Ch18 pptMKT 340 Ch18 ppt
MKT 340 Ch18 ppt
 
© 2016 by McGraw-Hill Education. This is proprietary
© 2016 by McGraw-Hill Education. This is proprietary© 2016 by McGraw-Hill Education. This is proprietary
© 2016 by McGraw-Hill Education. This is proprietary
 
MKT 340 Ch05 ppt
MKT 340 Ch05 pptMKT 340 Ch05 ppt
MKT 340 Ch05 ppt
 
Basic chap014
Basic chap014Basic chap014
Basic chap014
 
MKT 340 Ch10 ppt
MKT 340 Ch10 pptMKT 340 Ch10 ppt
MKT 340 Ch10 ppt
 

Recently uploaded

Call Us ➥9654467111▻Call Girls In Delhi NCR
Call Us ➥9654467111▻Call Girls In Delhi NCRCall Us ➥9654467111▻Call Girls In Delhi NCR
Call Us ➥9654467111▻Call Girls In Delhi NCRSapana Sha
 
DGTLmart : Digital Solutions for 4X Growth
DGTLmart  : Digital Solutions for 4X GrowthDGTLmart  : Digital Solutions for 4X Growth
DGTLmart : Digital Solutions for 4X Growthcsear2019
 
marketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfmarketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfarsathsahil
 
What are the 4 characteristics of CTAs that convert?
What are the 4 characteristics of CTAs that convert?What are the 4 characteristics of CTAs that convert?
What are the 4 characteristics of CTAs that convert?Juan Pineda
 
9654467111 Call Girls In Mahipalpur Women Seeking Men
9654467111 Call Girls In Mahipalpur Women Seeking Men9654467111 Call Girls In Mahipalpur Women Seeking Men
9654467111 Call Girls In Mahipalpur Women Seeking MenSapana Sha
 
VIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts ServiceVIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts ServiceSapana Sha
 
How To Quickly Create Your Affiliate Site with Artificial Intelligence!.pdf
How To Quickly Create Your Affiliate Site with Artificial Intelligence!.pdfHow To Quickly Create Your Affiliate Site with Artificial Intelligence!.pdf
How To Quickly Create Your Affiliate Site with Artificial Intelligence!.pdfSOFTTECHHUB
 
BrightonSEO - Addressing SEO & CX - CMDL - Apr 24 .pptx
BrightonSEO -  Addressing SEO & CX - CMDL - Apr 24 .pptxBrightonSEO -  Addressing SEO & CX - CMDL - Apr 24 .pptx
BrightonSEO - Addressing SEO & CX - CMDL - Apr 24 .pptxcollette15
 
The Skin Games 2024 25 - Sponsorship Deck
The Skin Games 2024 25 - Sponsorship DeckThe Skin Games 2024 25 - Sponsorship Deck
The Skin Games 2024 25 - Sponsorship DeckToluwanimi Balogun
 
Avoid the 2025 web accessibility rush: do not fear WCAG compliance
Avoid the 2025 web accessibility rush: do not fear WCAG complianceAvoid the 2025 web accessibility rush: do not fear WCAG compliance
Avoid the 2025 web accessibility rush: do not fear WCAG complianceDamien ROBERT
 
How To Utilize Calculated Properties in your HubSpot Setup
How To Utilize Calculated Properties in your HubSpot SetupHow To Utilize Calculated Properties in your HubSpot Setup
How To Utilize Calculated Properties in your HubSpot Setupssuser4571da
 
Mastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldMastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldScalenut
 
ASO Process: What is App Store Optimization
ASO Process: What is App Store OptimizationASO Process: What is App Store Optimization
ASO Process: What is App Store OptimizationAli Raza
 
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO Success
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO SuccessBrighton SEO April 2024 - The Good, the Bad & the Ugly of SEO Success
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO SuccessVarn
 
Forecast of Content Marketing through AI
Forecast of Content Marketing through AIForecast of Content Marketing through AI
Forecast of Content Marketing through AIRinky
 
BLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_April2024. Balmer Lawrie Online Monthly BulletinBLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_April2024. Balmer Lawrie Online Monthly BulletinBalmerLawrie
 
Omnichannel Marketing: Defining Omnichannel Marketing
Omnichannel Marketing: Defining Omnichannel MarketingOmnichannel Marketing: Defining Omnichannel Marketing
Omnichannel Marketing: Defining Omnichannel MarketingDove Soft Ltd
 
The Pitfalls of Keyword Stuffing in SEO Copywriting
The Pitfalls of Keyword Stuffing in SEO CopywritingThe Pitfalls of Keyword Stuffing in SEO Copywriting
The Pitfalls of Keyword Stuffing in SEO CopywritingJuan Pineda
 
2024 SEO Trends for Business Success (WSA)
2024 SEO Trends for Business Success (WSA)2024 SEO Trends for Business Success (WSA)
2024 SEO Trends for Business Success (WSA)Jomer Gregorio
 
Best Persuasive selling skills presentation.pptx
Best Persuasive selling skills  presentation.pptxBest Persuasive selling skills  presentation.pptx
Best Persuasive selling skills presentation.pptxMasterPhil1
 

Recently uploaded (20)

Call Us ➥9654467111▻Call Girls In Delhi NCR
Call Us ➥9654467111▻Call Girls In Delhi NCRCall Us ➥9654467111▻Call Girls In Delhi NCR
Call Us ➥9654467111▻Call Girls In Delhi NCR
 
DGTLmart : Digital Solutions for 4X Growth
DGTLmart  : Digital Solutions for 4X GrowthDGTLmart  : Digital Solutions for 4X Growth
DGTLmart : Digital Solutions for 4X Growth
 
marketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdfmarketing strategy of tanishq word PPROJECT.pdf
marketing strategy of tanishq word PPROJECT.pdf
 
What are the 4 characteristics of CTAs that convert?
What are the 4 characteristics of CTAs that convert?What are the 4 characteristics of CTAs that convert?
What are the 4 characteristics of CTAs that convert?
 
9654467111 Call Girls In Mahipalpur Women Seeking Men
9654467111 Call Girls In Mahipalpur Women Seeking Men9654467111 Call Girls In Mahipalpur Women Seeking Men
9654467111 Call Girls In Mahipalpur Women Seeking Men
 
VIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts ServiceVIP Call Girls In Green Park 9654467111 Escorts Service
VIP Call Girls In Green Park 9654467111 Escorts Service
 
How To Quickly Create Your Affiliate Site with Artificial Intelligence!.pdf
How To Quickly Create Your Affiliate Site with Artificial Intelligence!.pdfHow To Quickly Create Your Affiliate Site with Artificial Intelligence!.pdf
How To Quickly Create Your Affiliate Site with Artificial Intelligence!.pdf
 
BrightonSEO - Addressing SEO & CX - CMDL - Apr 24 .pptx
BrightonSEO -  Addressing SEO & CX - CMDL - Apr 24 .pptxBrightonSEO -  Addressing SEO & CX - CMDL - Apr 24 .pptx
BrightonSEO - Addressing SEO & CX - CMDL - Apr 24 .pptx
 
The Skin Games 2024 25 - Sponsorship Deck
The Skin Games 2024 25 - Sponsorship DeckThe Skin Games 2024 25 - Sponsorship Deck
The Skin Games 2024 25 - Sponsorship Deck
 
Avoid the 2025 web accessibility rush: do not fear WCAG compliance
Avoid the 2025 web accessibility rush: do not fear WCAG complianceAvoid the 2025 web accessibility rush: do not fear WCAG compliance
Avoid the 2025 web accessibility rush: do not fear WCAG compliance
 
How To Utilize Calculated Properties in your HubSpot Setup
How To Utilize Calculated Properties in your HubSpot SetupHow To Utilize Calculated Properties in your HubSpot Setup
How To Utilize Calculated Properties in your HubSpot Setup
 
Mastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven WorldMastering SEO in the Evolving AI-driven World
Mastering SEO in the Evolving AI-driven World
 
ASO Process: What is App Store Optimization
ASO Process: What is App Store OptimizationASO Process: What is App Store Optimization
ASO Process: What is App Store Optimization
 
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO Success
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO SuccessBrighton SEO April 2024 - The Good, the Bad & the Ugly of SEO Success
Brighton SEO April 2024 - The Good, the Bad & the Ugly of SEO Success
 
Forecast of Content Marketing through AI
Forecast of Content Marketing through AIForecast of Content Marketing through AI
Forecast of Content Marketing through AI
 
BLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_April2024. Balmer Lawrie Online Monthly BulletinBLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
BLOOM_April2024. Balmer Lawrie Online Monthly Bulletin
 
Omnichannel Marketing: Defining Omnichannel Marketing
Omnichannel Marketing: Defining Omnichannel MarketingOmnichannel Marketing: Defining Omnichannel Marketing
Omnichannel Marketing: Defining Omnichannel Marketing
 
The Pitfalls of Keyword Stuffing in SEO Copywriting
The Pitfalls of Keyword Stuffing in SEO CopywritingThe Pitfalls of Keyword Stuffing in SEO Copywriting
The Pitfalls of Keyword Stuffing in SEO Copywriting
 
2024 SEO Trends for Business Success (WSA)
2024 SEO Trends for Business Success (WSA)2024 SEO Trends for Business Success (WSA)
2024 SEO Trends for Business Success (WSA)
 
Best Persuasive selling skills presentation.pptx
Best Persuasive selling skills  presentation.pptxBest Persuasive selling skills  presentation.pptx
Best Persuasive selling skills presentation.pptx
 

Chapter 20

  • 1. 20-1 © 2013 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. CHAPTER Personal Selling and Sales Management 20 Copyright © 2014 by the McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin
  • 2. 20-2 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. L E A R N I N G O B J E C T I V E S Describe the value added of personal selling. Define the steps in the personal selling process. Describe the key functions involved in managing a sales force. Describe the ethical and legal issues in personal selling. Personal Selling and Sales Management LO1 LO2 LO3 LO4
  • 3. 20-3 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Personal Selling AP Photo/Paul Sakuma.
  • 4. 20-4 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. The Scope and Nature of Personal Selling Internet Telephone Face-to-face Teleconference
  • 5. 20-5 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Professional Selling as a Career  People love the lifestyle  There is a lot of flexibility  There is a lot of variety in the job  Can be very lucrative  Very visible to management and good for promotions Sales Jobs Website ©Royalty-Free/Corbis
  • 6. 20-6 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. The Value Added by Personal Selling  Salespeople Provide Information and Advice  Salespeople Save Time and Simplify Buying  Salespeople Build Relationships ©Royalty-Free/Corbis
  • 7. 20-7 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. The Personal Selling Process Generate and qualify leads Preapproach Sales presentation and overcoming reservations Closing the sale Follow-up
  • 8. 20-8 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Step 1: Generate and Qualify Leads Sources of Leads Current Customers Networking Events The Internet Trade Shows
  • 9. 20-9 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Generate Leads Cold calls Telemarketing ©Royalty-Free/Corbis
  • 10. 20-10 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Step 2: Preapproach Extends the qualification procedure Set goals for what is to be accomplished ©Royalty-Free/Corbis
  • 11. 20-11 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Step 3: Sales Presentation and Overcoming Reservations The Presentation Handling Reservations Klaus Tiedge/Blend Images/Getty Images
  • 12. 20-12 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Aligning the Personal Selling Process with the B2B Buying Process
  • 13. 20-13 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Step 4: Closing the Sale  Getting the order  Often most stressful part of sales process  A “no” one day may be the foundation for a “yes” anotherDigitalVision/GettyImages
  • 14. 20-14 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Step 5: Follow-Up Five Service Quality Dimensions Reliability Responsiveness Assurance Empathy Tangibles
  • 15. 20-15 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. 1. Why is personal selling important to an IMC strategy? 2. What are the steps in the personal selling process? CHECK YOURSELF
  • 16. 20-16 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Managing the Sales Force Managing the Sales Force Sales force structure Recruiting and selecting salespeople Sales training Motivating and compensating salespeople Evaluating salespeople
  • 17. 20-17 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Sales Force Structure Company sales force Employees Established product lines Manufacturers representatives (independent agents) Not employees Smaller firms New markets
  • 18. 20-18 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Salesperson Duties Order getter Order taker Sales support personnel Comstock Images /Jupiter images.
  • 19. 20-19 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Recruiting and Selecting Salespeople Personality Optimism Resilience Self- motivation Empathy
  • 20. 20-20 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Recruiting for Success How does a firm that focuses on a fun product recruit salespeople who exhibit fun? ©Stockbyte/PunchStock
  • 21. 20-21 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Sales Training Selling and negotiation techniques Products and service knowledge Technologies used in the selling process Time and territory management Company policies and procedures
  • 22. 20-22 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Motivating and Compensating Salespeople Financial rewards Nonfinancial rewards GRANTLAND® Copyright Grantland Enterprises; www.grantland.net
  • 23. 20-23 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Evaluating Salespeople  Tied to the reward structure  Evaluation measures can be either objective or subjective BananaStock/PictureQuest
  • 24. 20-24 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. 1. What do sales managers need to do to successfully manage their sales force? 2. What is the difference between monetary and nonmonetary incentives? CHECK YOURSELF
  • 25. 20-25 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Ethical and Legal Issues in Personal Selling The Sales Manager and the Sales Force The Sales Force and Corporate Policy The Salesperson and the Customer
  • 26. 20-26 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Issues for the Sales Force and Corporate Policy The firm may have a policy to sell goods or services to people who cannot afford them or to people who should not have them. APPhoto/CharlieRiedel
  • 27. 20-27 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Issues for the Sales Person and the Customer Have you ever felt that you were treated unethically by a salesperson? What happened? Royalty-Free/CORBIS
  • 28. 20-28 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. 1. What are three areas of personal selling in which ethical and legal issues are more likely to arise? CHECK YOURSELF
  • 29. 20-29 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Return to slide Cold calls are a method of prospecting in which sales people telephone or go to see potential clients without appointments. Glossary
  • 30. 20-30 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Return to slide A company sales force comprises people who are employees of the selling company. Glossary
  • 31. 20-31 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Return to slide Manufacturer’s representatives are sales people who sell a manufacturer’s products on an extended contract basis but are not employees of the manufacturer. Glossary
  • 32. 20-32 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Return to slide An order getter is a salesperson whose primary responsibilities are identifying potential customers and engaging those customers in discussions to attempt to make a sale. Glossary
  • 33. 20-33 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Return to slide An order taker is a salesperson whose primary responsibility is to process routine orders or reorders or rebuys for products. Glossary
  • 34. 20-34 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Return to slide The preapproach occurs prior to meeting the customer for the first time and extends the qualification of leads procedure. Glossary
  • 35. 20-35 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Return to slide Relationship selling is a sales philosophy and process that emphasizes a commitment to maintaining the relationship over the long term and investing in opportunities that are mutually beneficial to all parties. Glossary
  • 36. 20-36 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Return to slide Telemarketing is a method of prospecting in which sales people telephone potential customers without appointments. Glossary
  • 37. 20-37 © 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part. Return to slide Trade shows are attended by buyers who choose to be exposed to products and services offered by potential suppliers in an industry. Glossary