ADVERTISING
&
PERSONAL SELLING
PRESENTED BY:
SALONI AGARWAL
MBA 2.2
ROLL NO. 26
ADVERTISING
Advertising is the action of calling public attention to an idea, good,
or service through paid announcements by an identified sponsor.
OR
Advertising is a paid communication message intended to inform
people about something or to influence them to buy or try
something.
Main
Purpose
of
Advertising
Advertising Objectives
To Inform: Informing potential
customers about the brand and its
products is the first step towards attaining
business goals.
To Persuade: Persuading customers to
perform a particular task. he tasks may
involve buying or trying the products and
services offered, to form a brand image,
develop a favourable attitude towards the
brand etc.
To Remind: Reinforce the brand
message and to reassure the existing and
potential customers about the brand
vision.
Advertising Media
Print Advertising: Newspaper,
magazines, & brochure
advertisements, etc.
Broadcast Advertising: Television
and radio advertisements.
Outdoor Advertising: Hoardings,
banners, flags, wraps, etc.
Digital Advertising:
Advertisements displayed over the
internet and digital devices.
Product/Brand Integration:
Product placements in entertainment
media like TV show, YouTube video,
etc.
ADVANTAGES OF ADVERTISING
 Reduces Per-Unit Cost
 Helps In Brand Building
 Helps In Launching New Product
 Boosts Up Existing Customers’ Confidence In The
Brand
 Helps In Reducing Customer Turnover:
 Attracts New Customers
 Educates The Customers
DISADVANTAGES OF ADVERTISING
 Increases The Costs
 Confuses The Buyer
 Is Sometimes Misleading
 Only For Big Businesses
 Encourages The Sale Of Inferior Products
PERSONAL SELLING
Personal selling is an act of convincing the prospects to
buy a given product or service.
It is the most effective and costly promotional method.
It is effective because there is face to face conversation
between the buyer and seller and seller can change its
promotional techniques according to the needs of
situation.
It is basically the science and art of understanding human
desires and showing the ways through which these
desires could be fulfilled.
Features of Personal
Selling
 Face-to-Face Communication
Quick Handling of Queries
Flexible Method of Selling
Knowledge about Customers
Oral Communication
Costly Method
Slow Process
Maintenance of Records
Process of Personal Selling
Prospecting &
Evaluating
Preparing
Approach and
Presentation
Overcoming
Objections
Closing the Sale
Follow up
1. Prospecting and evaluating:
The effort to develop a list of potential customers is
known as prospecting Prospective buyers
predetermined, by evaluating (1) their potential interest
in the sales person’s products and (2) their purchase
power.
2. Preparing:
Before approaching the potential buyer, the sales person
should know as much as possible about the person or
company.
3. Approach and presentation:
The sales person explains to the potential customer the
reason for the sales. The sales presentation is a detailed
effort to bring the buyer’s needs together with the
product or service the sales person represents.
4. Overcoming objections:
In a sales presentation many objections can be dealt with
immediately. These may take more time, but still may be
overcome.
5. Closing the sale:
Many sales people lose sales simply because they never
asked the buyer to buy. At several times in a
presentation the sales person may to gauge how near the
buyer is to closing.
6. Follow up:
To maintain customer satisfaction, the sales person
should follow up after a sale to be certain that the
product is delivered properly and the customer is
satisfied with the result.
Advertising Vs Personal Selling
Advertising and Personal Selling

Advertising and Personal Selling

  • 1.
  • 2.
    ADVERTISING Advertising is theaction of calling public attention to an idea, good, or service through paid announcements by an identified sponsor. OR Advertising is a paid communication message intended to inform people about something or to influence them to buy or try something.
  • 3.
  • 4.
    Advertising Objectives To Inform:Informing potential customers about the brand and its products is the first step towards attaining business goals. To Persuade: Persuading customers to perform a particular task. he tasks may involve buying or trying the products and services offered, to form a brand image, develop a favourable attitude towards the brand etc. To Remind: Reinforce the brand message and to reassure the existing and potential customers about the brand vision.
  • 5.
    Advertising Media Print Advertising:Newspaper, magazines, & brochure advertisements, etc. Broadcast Advertising: Television and radio advertisements. Outdoor Advertising: Hoardings, banners, flags, wraps, etc. Digital Advertising: Advertisements displayed over the internet and digital devices. Product/Brand Integration: Product placements in entertainment media like TV show, YouTube video, etc.
  • 6.
    ADVANTAGES OF ADVERTISING Reduces Per-Unit Cost  Helps In Brand Building  Helps In Launching New Product  Boosts Up Existing Customers’ Confidence In The Brand  Helps In Reducing Customer Turnover:  Attracts New Customers  Educates The Customers
  • 7.
    DISADVANTAGES OF ADVERTISING Increases The Costs  Confuses The Buyer  Is Sometimes Misleading  Only For Big Businesses  Encourages The Sale Of Inferior Products
  • 8.
    PERSONAL SELLING Personal sellingis an act of convincing the prospects to buy a given product or service. It is the most effective and costly promotional method. It is effective because there is face to face conversation between the buyer and seller and seller can change its promotional techniques according to the needs of situation. It is basically the science and art of understanding human desires and showing the ways through which these desires could be fulfilled.
  • 9.
    Features of Personal Selling Face-to-Face Communication Quick Handling of Queries Flexible Method of Selling Knowledge about Customers Oral Communication Costly Method Slow Process Maintenance of Records
  • 10.
    Process of PersonalSelling Prospecting & Evaluating Preparing Approach and Presentation Overcoming Objections Closing the Sale Follow up
  • 11.
    1. Prospecting andevaluating: The effort to develop a list of potential customers is known as prospecting Prospective buyers predetermined, by evaluating (1) their potential interest in the sales person’s products and (2) their purchase power. 2. Preparing: Before approaching the potential buyer, the sales person should know as much as possible about the person or company. 3. Approach and presentation: The sales person explains to the potential customer the reason for the sales. The sales presentation is a detailed effort to bring the buyer’s needs together with the product or service the sales person represents.
  • 12.
    4. Overcoming objections: Ina sales presentation many objections can be dealt with immediately. These may take more time, but still may be overcome. 5. Closing the sale: Many sales people lose sales simply because they never asked the buyer to buy. At several times in a presentation the sales person may to gauge how near the buyer is to closing. 6. Follow up: To maintain customer satisfaction, the sales person should follow up after a sale to be certain that the product is delivered properly and the customer is satisfied with the result.
  • 14.