Identifying potential customers
•Find individuals or businesses who
may benefit from your product
• Start building a database of
potential clients.
Prospecting
whether the prospect has the need,
budget, and authority to make a
purchase?
Ensure you focus on leads most likely to
convert.
Qualifying
Showcase how your product or service
meets the prospect’s needs.
Build trust and demonstrate the value of
your offering.
Presentation
The final step where the deal is finalized,
Contract signing.
Secure a commitment from the prospect
Closing
Sales Process
8.
Prospecting
Key Activities
• Research:Use tools like LinkedIn, industry directories, Google map or
CRM software to identify leads.
• Outreach: Use cold emails, calls, social media, or networking to initiate
contact.
• Qualify Leads: Determine if a prospect fits your target customer profile.
Best Practices
• Develop a customer persona to understand who you’re targeting.
• Personalize your outreach messages to make them relevant and
engaging.
9.
Qualifying
Key Activities
• DiscoveryQuestions: Ask open-ended questions to understand the prospect's needs,
challenges, and decision-making process.
• Examples:
• "What challenges are you currently facing in [specific area]?"
• "Who is involved in the decision-making process for purchases like this?"
• Assess Fit: Use criteria like BANT (Budget, Authority, Need, Timing) to qualify prospects.
Best Practices
• Listen more than you talk.
• Be honest about whether your solution is a good fit.
10.
Budget
• Does theprospect have
the financial resources
to buy
• "What’s your budget for
solving this issue?"
• "Have funds been
allocated for this
project?"
Authority
• Does the prospect have the
authority to make the
purchasing decision? If not,
can you identify the
decision-maker
• "Who else is involved in the
decision-making process?"
• "What’s the approval
process like on your end?"
Need
• Does the prospect have
a genuine need for your
product or service?
• "What challenges are
you facing that this
product/service can
solve?"
• "How urgent is it for you
to address this issue?"
Timing
• Is the prospect ready
to make a decision?
• "When are you
looking to implement
a solution?"
• "Are there any
external factors
influencing your
timeline?"
What criteria like BANT?
BANT Priority
Preparation Makes TheDifference
Three questions you should always ask yourself:
• What do I know ?
• What do I need to know ?
• How am I going to find out ?
13.
Presentation
Key Activities
• TailoredPresentations: Customize your pitch to address the specific pain
points of the prospect.
• Highlight Benefits, Not Features: Focus on how your product solves their
problems.
• Storytelling: Share success stories or testimonials to make your presentation
relatable
Best Practices
• Keep it concise and engaging.
• Anticipate objections and address them proactively.
14.
Closing
Key Activities
• SummarizeValue: Reiterate how your solution meets their needs.
• Use Closing Techniques:
• Assumptive Close: "When should we schedule delivery?"
• Urgency Close: "This offer is valid until [date]."
• Handle Objections: Address any last-minute concerns with empathy and
confidence.
Best Practices
• Look for buying signals, such as positive responses or detailed
questions.
• Always follow up if the decision isn’t made immediately.
B2B Vs B2C
•B2B (Business-to-Business)
• B2C (Business-to-Consumer)
sales is essential, as each approach requires distinct strategies.
• B2B: Relationship-driven, logical, complex, and long-term.
• B2C: Emotion-driven, fast-paced, and focused on personal benefits
17.
B2B Vs B2C
Productor Service Complexity
complex and tailored simpler and standardized
Sales Cycle
Longer and more complex Shorter sales cycle
Target Audience
selling to other selling directly to individual
18.
Marketing and Outreach
directoutreach methods mass marketing techniques
Pricing and Volume
larger transaction sizes
individual purchases or smaller
quantities
Decision-Making Process
Involve multiple stakeholders Made by a single person
B2B Vs B2C
Communication Skills
• Whatto Say and Not to Say
1. Mindray…
oWe are Medval agent of Mindray in the IVD products
oHighlight our Own Identity
27.
Communication Skills
• Whatto Say and Not to Say
2. Highest Quality and Best Customer Service
• There are many things sales recruiters and reps promise when trying to
close a deal.
• Saying they have the highest quality product is common.
• But can you prove it? Don’t communicate you have the highest quality if you don’t
have the research to back it up.
• Avoid saying you have the best customer service unless you are willing to
back it up. Have proof ready
o such as customer testimonials
o case studies.
28.
Communication Skills
• Whatto Say and Not to Say
3. I’m Not Here to Make Money…
• Yes, you are. We all are.
• Everyone is doing their job for the money, so don’t pretend you are
only doing sales to help people.
• No one believes this statement, and you will only risk the trust you
built with a prospect if you use statements like this.
29.
Communication Skills
• Whatto Say and Not to Say
4. Competitors’ name…
oWe only say it is competitor
oWe only mention Our name and brand
30.
Communication Skills
• Whatto Say and Not to Say
5. Are You the Main Decision Maker?
• Asking the question directly can lead to a number of undesirable responses:
• Ask the question in a better way to get the answer you want –
o who the actual decision makers are?
o Who is part of the decision-making process?
Objection Handling
• Effectiveobjection handling techniques
o Listen to prospect's concerns.
o Describe how your solutions helped others.
o Take the opportunity to start a meaningful conversation.
o Acknowledge and address objections.
o Ask, don't tell.
o Start with the end.
o Be honest about your services or products.
o Follow the light.