SlideShare a Scribd company logo
1 of 58
Selling
    and
Salespeople

 Chapter 1
Important Questions about Selling
   What is selling?
   Why should you learn about selling even if you do
    not plan to be a salesperson?
   What is the role of personal selling in a firm?
   What are the different types of sales people?
   What are the rewards of a selling career?




                           2
“Relationship building is definitely the
  key to business-to-business selling.”
                            ~Jeffrey P. Lynn
Selling
   The exchange of products for an agreed sum of
    money
   Part of the process by which organisations
    persuade customers to purchase their goods and
    services
   Selling is the process of helping someone discover
    something of value




                            4
Sales people
   Nowadays buying the cheapest is not important to
    many companies, they prefer to develop relationships
    to be able to do business on ethical grounds. Sales
    people play a pivotal role here.
   Sales people identify opportunities to create value and
    organise resources of their company that the company
    can exploit.

                              5
Why Learn About Personal Selling?
   Time to knock at the door gone
   The principles of selling are useful to everyone, not just
    people with the title of salesperson.
   Sales means more to give potential solutions to the
    customers rather than beat the drum of what the
    company sells
   Internet and other latest technologies involved in
    selling and all the possible resources of the company
                               6
    (support people etc)
Why Learn About Personal Selling?
   Selling is a team activity
   Rules of Selling are to be followed by all
   Very much similar to convincing as we do in our daily
    lives (with the parents, teachers, employers and friends)
   The term Selling was not taken to be a good one, while
    now every one tries to engage directly/indirectly
    business development personnel to flourish.
   Developing mutually beneficial, long-term relationships
    is vital to all of us.
   People in business use selling principles all the time.
                                7
Technologies used by Sales Force




                 8
Personal Selling
   Personal selling is oral communication with potential
    buyers of a product with the intention of making a sale.
    The personal selling may focus initially on developing a
    relationship with the potential buyer, but will always
    ultimately end with an attempt to "close the sale"


      Personal selling is a person-
      to-person business activity in
      which a salesperson uncovers
      and satisfies the needs of a
      buyer to the mutual, long-
      term benefit of both parties.
PERSONAL SELLING
                Definition
   Seeking out people who have a particular need.
   Assisting them to recognize the existence of needs
    they have that could be met through your offering.
   Demonstrating how your offering fills that need.
   Persuading qualified prospects that your product will
    fill their needs.




                            10
Objectives of Personal Selling
   Building Product Awareness
   Creating Interest
   Providing Information
   Stimulating Demand
   Reinforcing the Brand




                            11
Personal Selling Process
   Prospecting
   Making first contact
   The sales call
   Objection handling
   Closing the sale to flourish




                              12
Comparison to other marketing
          communications tools

   Use fewer resources
   Products tend to be fairly complex (e.g. financial
    services or new cars).
   There is some contact between buyer and seller after
    the sale so that an ongoing relationship is built.
   Client/prospects need specific information.
   The purchase tends to involve large sums of money.

                             13
Advantages of using personal selling
   Personal selling is a face-to-face activity; customers
    therefore obtain a relatively high degree of personal
    attention
   The sales message can be customised to meet the needs o
    the customer
   The two-way nature of the sales process allows the sales
    team to respond directly and promptly to customer
    questions and concerns
    Personal selling is a good way of getting across large
    amounts of technical or complex product information
    The face-to-face sales meeting gives the sales force
    chance to demonstrate the product
    Frequent meetings between sales force and customer
    provide an opportunity to build good long-term
    relationships              14
Main disadvantages of using
               personal selling
   The cost of employing a sales force. Sales people are
    expensive. In addition to the basic pay package, a
    business needs to provide incentives to achieve sales
    A sales person can only call on one customer at a time.
    This is not a cost-effective way of reaching a large
    audience.




                             15
Selling and Marketing
   Marketing cycle is completed once the feedback is
    received and salespeople play an important role in
    bring the feedback
   Efforts of the company to provide solutions to the
    people could be accomplished through sales people
    only
   People are informed about the services and products of
    a company through the sales people only




                            16
Communication Methods
Strengths and Weaknesses of
          Communication Methods
Communication                                Credibilit
                   Control       Flexibility                Cost
   Method                                       y
Personal selling   M to H                H              L     H
Internet website     H              M to H              L   M to H
  Mass media
                     H                   L              L     M
  advertising
   Publicity         L                   L              H   L to M
Word of Mouth        L                   L              H     L

                      M = Moderate, H = High, L = Low
                                18
Integrated Marketing
               Communications
   Many companies use a combination of various
    communication techniques to be able to
    communicate better and balance out the pros and
    cons of each communication technique




                           19
Sales people and Marketing Mix

   Sales people are eyes and ears of a company in the
    marketplace
   Learning organisations acquire information from the
    sales people about environment and make
    organisational decisions based on them




                            20
Types of Organisational Learning


   Adaptive Learning
    To develop knowledge to do present activities better
   Generative Learning
    To go beyond the present products, markets, policies
    and procedures to develop new insights
   Sales people contribute to both by providing in
    critical information to the firm’s strategic system



                              21
Main Roles of the Sales Force
   Prospecting
   Communicating
   Selling
   Servicing
   Information gathering
   Allocating




                            22
Contribution from Sales people
   Strategy development
   New product development
   Pricing
   Channel management




                           23
Qualities of High Sales Performers
   Sell to people
   Know when to close
   Exchange Information
   Regularly establish trust
   Engage in certain behaviors
   Provide value added to the customer
   Be perceived as a genuine advocates of prospects’
    needs

                                24
Salespeople are made not born
   They are made with Concentrated attention
    They are made with Concentrated attention
repeated practice goal oriented direction
   The skills required to be a successful salesperson can
    be learned.
       Become a student of your profession
       Learn throughout your career
   Innate characteristics such as personality traits, gender,
    and height are largely unrelated to sales performance.
   Companies spend billions of dollars each year on
    training.




                                   25
THE SALES EDGE - EVERYBODY
           SELLS
   Human relation skills are basic selling skills.
   Skills are learned and practiced from birth.
   Everyone has a base upon which to build their
    selling abilities.




                              26
Activities of Salespeople
   Selling
   Servicing Customer
   Reporting




                          27
Selling
   Prospecting for new customers
   Increasing sales to existing customers
   Making sales presentations
   Demonstrating products
   Negotiating prices and delivery terms
   Writing orders
    and many more


                             28
Servicing Customer
   To work with employees of other departments to
    make sure that the customers get full benefit of what
    they have bought
   Coordinate during meetings to resolve the problems
    of the customers




                             29
Reporting
   Time and money spent
   Future schedules
   Activities of competitors
   Business conditions
   Unsatisfied needs of the customers




                                30
What do Salespeople do?
      Client relationship manager
      Account team manager
      Vendor and channel manager
      Information provider to their
       firm
How Salespeople Spend Their
          Time
        Each Week
Types of salespeople
   Selling products to the customers over the counter
   Selling products to the customers in the showrooms
   Selling parts to producers to make the products
   Selling material to the producers to make parts
    this chain could be very long…..




                             33
Selling and Distribution
                          Channels
   Business to business
       Direct sales                  A distribution
                                      channel is a set of people
       Sales through distributors    and organizations
                                      responsible for the flow of
   Business to customer              products
       Direct sales                  and services from the
       Sales through Retailers       producer to the ultimate
                                      user.
       Sales through Retailers and
        distributors
Selling and Distribution Channels

          Business-to-business channels
Selling and Distribution Channels
             (continued)

             Consumer channels




                    1-36
CLASSIFICATION OF SALES
                 JOBS


   Trade selling

   Missionary selling

   Technical selling
Trade selling

   Taking orders and field service.
   Largely involves delivering orders and replenishing
    inventory.
   Expected to persuade customers to provide additional
    shelf space or more favorable placement of stock.
   Opportunity to increase sales comes most often
    through assisting the customer to move a larger volume
    of inventory.
   Often actually set up product displays in retail stores
Missionary selling
   Educate those who ultimately decide what product
    will be used by the consumer.
    Often does not see immediate results from their
    efforts in the way of products sold.
   Still accountable for sales.
Technical selling
   Salespeople must also be competent in some
    technical specialty related to the products being
    sold.
   Usually called in by another salesperson who has
    already contacted the prospect and stimulated some
    interest.
   Often conducted by a sales team.
   Still need real sales skills because their role is more
    than just explaining the technical aspects of the
    product.
The Sales Job Continuum
The Customer is at the Center of the
          Sales System




                 43
Major Reasons For Choosing A Sales
             Career




                44
PERSONAL SELLING Definition




             45
A Sales Personnel Career Path




             46
Rewards in Selling

   Independence and responsibility
   Financial rewards
   Management opportunities
   Variety and Independence
   No set routine
   The variety of prospects and their needs.
   Professional salespeople are never unemployed.


                           47
Average Annual Compensation for
    Salespeople and Managers




     Source: 2004 Salary Survey, Sales & Marketing Management, May 2004, p. 29.
Opportunity for Advancement

   Advancement in Direct Selling
   Entrepreneurship
   Promotion to Sales Management
   Involvement in Sales Training
   Moving Into Top Management




                          49
DISADVANTAGES OF A SALES
        CAREER


   Variable income
   Long hours
   Travel
Success of Selling
           S

S                        U

         Ssuccess
S          S             C



    E               C
               51
Characteristics of Successful
                  Salespeople
   Motivation                          Enthusiasm
   Dependability and trustworthiness  Sincerity
   Ethical sales behaviour            Goal Direction
   Customer and product knowledge      Resourcefulness
   Communication skills                Pleasant Personality
   Flexibility                         Initiative
   Administrative Ability              Ability to Ask
   Emotional intelligence               Questions

                             52
Other characteristics
   Willing to do what it takes to attain goals.
   Ability to find satisfaction in contributing to
    achievement of the goals set by their company.
   Enjoy serving the needs of others.
   Able to stay focused on daily activities.
   Strong positive self image
   High ethical standards
   Sensitivity to the needs of others.
   Able to win the trust of others
Personal Characteristics Needed to
   Sell for Building Long-term
           Relationships




                 54
The Building Partnerships
         Model
Summary
   You should study personal selling because we all
    use selling techniques.
   Salespeople play a vital role in business activities.
   Salespeople engage in a wide range of activities.
   The specific duties and responsibilities of
    salespeople depend on the type of selling position.
   Research on the characteristics of effective
    salespeople indicates that many different
    personality types can be successful in sales.
End of Chapter 1
Thank you

More Related Content

What's hot

Marketing Management - Chapter 10
Marketing Management - Chapter 10Marketing Management - Chapter 10
Marketing Management - Chapter 10Perkha Khan
 
Marketing mix Place
 Marketing mix Place Marketing mix Place
Marketing mix PlaceManish Kumar
 
evaluation & appraisal of sales force
 evaluation & appraisal of sales force evaluation & appraisal of sales force
evaluation & appraisal of sales forceUrvashi Baghel
 
Role of IMC in Marketing Process
Role of IMC in Marketing ProcessRole of IMC in Marketing Process
Role of IMC in Marketing ProcessRahul Barwe
 
Professional selling
Professional sellingProfessional selling
Professional sellingjohn3092
 
Marketing Management - Chapter 12
Marketing Management - Chapter 12Marketing Management - Chapter 12
Marketing Management - Chapter 12Perkha Khan
 
Marketing Channel unit 2
Marketing Channel unit 2Marketing Channel unit 2
Marketing Channel unit 2Navin Raj Saroj
 
Relationship marketing
Relationship marketingRelationship marketing
Relationship marketingKira_Lio
 
Business to business marketing ppt
Business to business marketing  pptBusiness to business marketing  ppt
Business to business marketing pptSukriti Mal
 
Kotler's Marketing Management: Connecting with Customers
Kotler's Marketing Management: Connecting with CustomersKotler's Marketing Management: Connecting with Customers
Kotler's Marketing Management: Connecting with CustomersNadia Tantuco
 
Developing Marketing Strategies and Plans / Marketing Management By Kotler K...
Developing Marketing Strategies and Plans / Marketing Management By Kotler K...Developing Marketing Strategies and Plans / Marketing Management By Kotler K...
Developing Marketing Strategies and Plans / Marketing Management By Kotler K...Choudhry Asad
 
Personal Selling: Chapter 4
Personal Selling: Chapter 4Personal Selling: Chapter 4
Personal Selling: Chapter 4Mazhar Masood
 

What's hot (20)

Marketing Management - Chapter 10
Marketing Management - Chapter 10Marketing Management - Chapter 10
Marketing Management - Chapter 10
 
Retail marketing mix.ppt
Retail marketing mix.pptRetail marketing mix.ppt
Retail marketing mix.ppt
 
Crm unit 1
Crm unit 1Crm unit 1
Crm unit 1
 
Sdm ch5
Sdm ch5Sdm ch5
Sdm ch5
 
Marketing mix Place
 Marketing mix Place Marketing mix Place
Marketing mix Place
 
evaluation & appraisal of sales force
 evaluation & appraisal of sales force evaluation & appraisal of sales force
evaluation & appraisal of sales force
 
Role of IMC in Marketing Process
Role of IMC in Marketing ProcessRole of IMC in Marketing Process
Role of IMC in Marketing Process
 
Professional selling
Professional sellingProfessional selling
Professional selling
 
Marketing Management - Chapter 12
Marketing Management - Chapter 12Marketing Management - Chapter 12
Marketing Management - Chapter 12
 
Introduction to Channels of Distribution
Introduction to Channels of DistributionIntroduction to Channels of Distribution
Introduction to Channels of Distribution
 
Personal selling
Personal sellingPersonal selling
Personal selling
 
Crm cycle
Crm cycleCrm cycle
Crm cycle
 
Marketing Channel unit 2
Marketing Channel unit 2Marketing Channel unit 2
Marketing Channel unit 2
 
Relationship marketing
Relationship marketingRelationship marketing
Relationship marketing
 
Business to business marketing ppt
Business to business marketing  pptBusiness to business marketing  ppt
Business to business marketing ppt
 
CRMSession 3 - CRM Models
CRMSession 3 - CRM ModelsCRMSession 3 - CRM Models
CRMSession 3 - CRM Models
 
Kotler's Marketing Management: Connecting with Customers
Kotler's Marketing Management: Connecting with CustomersKotler's Marketing Management: Connecting with Customers
Kotler's Marketing Management: Connecting with Customers
 
Sales force ppt
Sales force pptSales force ppt
Sales force ppt
 
Developing Marketing Strategies and Plans / Marketing Management By Kotler K...
Developing Marketing Strategies and Plans / Marketing Management By Kotler K...Developing Marketing Strategies and Plans / Marketing Management By Kotler K...
Developing Marketing Strategies and Plans / Marketing Management By Kotler K...
 
Personal Selling: Chapter 4
Personal Selling: Chapter 4Personal Selling: Chapter 4
Personal Selling: Chapter 4
 

Viewers also liked

Chapter 2The personal selling process
Chapter 2The personal selling processChapter 2The personal selling process
Chapter 2The personal selling processLo-Ann Placido
 
Personal selling project
Personal selling projectPersonal selling project
Personal selling projectnina71288
 
Report on personal selling activity and philosophy practice of the Progressiv...
Report on personal selling activity and philosophy practice of the Progressiv...Report on personal selling activity and philosophy practice of the Progressiv...
Report on personal selling activity and philosophy practice of the Progressiv...Rezaul Hoq
 
A presentation on personal selling
A presentation on personal sellingA presentation on personal selling
A presentation on personal sellingPranav Kumar Ojha
 

Viewers also liked (6)

Personal selling
Personal sellingPersonal selling
Personal selling
 
Chapter 2The personal selling process
Chapter 2The personal selling processChapter 2The personal selling process
Chapter 2The personal selling process
 
Personal selling project
Personal selling projectPersonal selling project
Personal selling project
 
Report on personal selling activity and philosophy practice of the Progressiv...
Report on personal selling activity and philosophy practice of the Progressiv...Report on personal selling activity and philosophy practice of the Progressiv...
Report on personal selling activity and philosophy practice of the Progressiv...
 
A presentation on personal selling
A presentation on personal sellingA presentation on personal selling
A presentation on personal selling
 
Personal Selling
Personal SellingPersonal Selling
Personal Selling
 

Similar to Important Questions about Selling and Salespeople

Personal Selling - Chapter 1
Personal Selling - Chapter 1Personal Selling - Chapter 1
Personal Selling - Chapter 1junaid khan
 
Personal Selling Chapter 1
Personal Selling Chapter 1Personal Selling Chapter 1
Personal Selling Chapter 1Muhammad Khan
 
Marketing management part i
Marketing management   part iMarketing management   part i
Marketing management part iSoe Lu Kyaw
 
Personal selling & sales promotion, strategic marketing presentation
Personal selling & sales promotion, strategic marketing presentationPersonal selling & sales promotion, strategic marketing presentation
Personal selling & sales promotion, strategic marketing presentationSourov Shaha Suvo
 
Introduction To Sales Management
 Introduction To Sales Management Introduction To Sales Management
Introduction To Sales ManagementIndankal suresh
 
Lead Generation in the Social Media Age
Lead Generation in the Social Media AgeLead Generation in the Social Media Age
Lead Generation in the Social Media AgeNathanial Bibby
 
Ss marketing
Ss marketingSs marketing
Ss marketingCMPCERT
 
Showcasing Human Capital: How to Effectively Market a Professional Services Firm
Showcasing Human Capital: How to Effectively Market a Professional Services FirmShowcasing Human Capital: How to Effectively Market a Professional Services Firm
Showcasing Human Capital: How to Effectively Market a Professional Services FirmAchieve Internet
 
Social Selling - Proven Strategies from the Worlds Best Sellers
Social Selling - Proven Strategies from the Worlds Best SellersSocial Selling - Proven Strategies from the Worlds Best Sellers
Social Selling - Proven Strategies from the Worlds Best SellersMark Walton
 
Proven-Strategies-From-the-World's-Best-Sellers
Proven-Strategies-From-the-World's-Best-SellersProven-Strategies-From-the-World's-Best-Sellers
Proven-Strategies-From-the-World's-Best-SellersLindsey Boggs
 
Seven Sales Force Development Trends
Seven Sales Force Development TrendsSeven Sales Force Development Trends
Seven Sales Force Development TrendsForum Corporation
 
Proven Strategies From the World's Top Sales Professionals
Proven Strategies From the World's Top Sales ProfessionalsProven Strategies From the World's Top Sales Professionals
Proven Strategies From the World's Top Sales ProfessionalsJohn Crowley
 
Personal Selling: Chapter 7
Personal Selling: Chapter 7Personal Selling: Chapter 7
Personal Selling: Chapter 7Mazhar Masood
 

Similar to Important Questions about Selling and Salespeople (20)

Personal Selling - Chapter 1
Personal Selling - Chapter 1Personal Selling - Chapter 1
Personal Selling - Chapter 1
 
Personal Selling Chapter 1
Personal Selling Chapter 1Personal Selling Chapter 1
Personal Selling Chapter 1
 
Promotional mix
Promotional mixPromotional mix
Promotional mix
 
Sales Fundamentals english
Sales Fundamentals englishSales Fundamentals english
Sales Fundamentals english
 
Concepts of sales management
Concepts of sales managementConcepts of sales management
Concepts of sales management
 
Advertising & Sales Management
Advertising & Sales ManagementAdvertising & Sales Management
Advertising & Sales Management
 
Marketing management part i
Marketing management   part iMarketing management   part i
Marketing management part i
 
Personal selling & sales promotion, strategic marketing presentation
Personal selling & sales promotion, strategic marketing presentationPersonal selling & sales promotion, strategic marketing presentation
Personal selling & sales promotion, strategic marketing presentation
 
Chapter 1 ppt
Chapter 1 pptChapter 1 ppt
Chapter 1 ppt
 
Introduction To Sales Management
 Introduction To Sales Management Introduction To Sales Management
Introduction To Sales Management
 
Lead Generation in the Social Media Age
Lead Generation in the Social Media AgeLead Generation in the Social Media Age
Lead Generation in the Social Media Age
 
Ss marketing
Ss marketingSs marketing
Ss marketing
 
Showcasing Human Capital: How to Effectively Market a Professional Services Firm
Showcasing Human Capital: How to Effectively Market a Professional Services FirmShowcasing Human Capital: How to Effectively Market a Professional Services Firm
Showcasing Human Capital: How to Effectively Market a Professional Services Firm
 
Social Selling - Proven Strategies from the Worlds Best Sellers
Social Selling - Proven Strategies from the Worlds Best SellersSocial Selling - Proven Strategies from the Worlds Best Sellers
Social Selling - Proven Strategies from the Worlds Best Sellers
 
Proven-Strategies-From-the-World's-Best-Sellers
Proven-Strategies-From-the-World's-Best-SellersProven-Strategies-From-the-World's-Best-Sellers
Proven-Strategies-From-the-World's-Best-Sellers
 
Seven Sales Force Development Trends
Seven Sales Force Development TrendsSeven Sales Force Development Trends
Seven Sales Force Development Trends
 
Proven Strategies From the World's Top Sales Professionals
Proven Strategies From the World's Top Sales ProfessionalsProven Strategies From the World's Top Sales Professionals
Proven Strategies From the World's Top Sales Professionals
 
5987858.ppt
5987858.ppt5987858.ppt
5987858.ppt
 
Personal Selling: Chapter 7
Personal Selling: Chapter 7Personal Selling: Chapter 7
Personal Selling: Chapter 7
 
marketing
marketingmarketing
marketing
 

More from Mazhar Masood

Jawab e Shikwa by Allama Muhammad Iqbal
Jawab e Shikwa by Allama Muhammad IqbalJawab e Shikwa by Allama Muhammad Iqbal
Jawab e Shikwa by Allama Muhammad IqbalMazhar Masood
 
Shikwa by Allama Muhammad Iqbal
Shikwa by Allama Muhammad IqbalShikwa by Allama Muhammad Iqbal
Shikwa by Allama Muhammad IqbalMazhar Masood
 
Manzil (Protection against black magic, witch craft and spell)
Manzil (Protection against black magic, witch craft and spell)Manzil (Protection against black magic, witch craft and spell)
Manzil (Protection against black magic, witch craft and spell)Mazhar Masood
 
Glossary of Human Resources Management Terms
Glossary of Human Resources Management TermsGlossary of Human Resources Management Terms
Glossary of Human Resources Management TermsMazhar Masood
 
Network Marketing Fatwa in Pakistan 07-july-08
Network Marketing Fatwa in Pakistan  07-july-08Network Marketing Fatwa in Pakistan  07-july-08
Network Marketing Fatwa in Pakistan 07-july-08Mazhar Masood
 
Business Research Methods Chap010
Business Research Methods Chap010Business Research Methods Chap010
Business Research Methods Chap010Mazhar Masood
 
Business Research Methods Chap014
Business Research Methods Chap014Business Research Methods Chap014
Business Research Methods Chap014Mazhar Masood
 
Business Research Methods Chap018
Business Research Methods Chap018Business Research Methods Chap018
Business Research Methods Chap018Mazhar Masood
 
Business Research Methods Chap017
Business Research Methods Chap017Business Research Methods Chap017
Business Research Methods Chap017Mazhar Masood
 
Business Research Methods Chap016
Business Research Methods Chap016Business Research Methods Chap016
Business Research Methods Chap016Mazhar Masood
 
Business Research Methods Chap015
Business Research Methods Chap015Business Research Methods Chap015
Business Research Methods Chap015Mazhar Masood
 
Business Research Methods Chap013
Business Research Methods Chap013Business Research Methods Chap013
Business Research Methods Chap013Mazhar Masood
 
Business Research Methods Chap012
Business Research Methods Chap012Business Research Methods Chap012
Business Research Methods Chap012Mazhar Masood
 
Business Research Methods Chap011
Business Research Methods Chap011Business Research Methods Chap011
Business Research Methods Chap011Mazhar Masood
 
Business Research Methods Chap009
Business Research Methods Chap009Business Research Methods Chap009
Business Research Methods Chap009Mazhar Masood
 
Business Research Methods Chap008
Business Research Methods Chap008Business Research Methods Chap008
Business Research Methods Chap008Mazhar Masood
 
Business Research Methods Chap007
Business Research Methods Chap007Business Research Methods Chap007
Business Research Methods Chap007Mazhar Masood
 
Business Research Methods Chap006
Business Research Methods Chap006Business Research Methods Chap006
Business Research Methods Chap006Mazhar Masood
 
Business Research Methods Chap019
Business Research Methods Chap019Business Research Methods Chap019
Business Research Methods Chap019Mazhar Masood
 
Business Research Methods Chap004
Business Research Methods Chap004Business Research Methods Chap004
Business Research Methods Chap004Mazhar Masood
 

More from Mazhar Masood (20)

Jawab e Shikwa by Allama Muhammad Iqbal
Jawab e Shikwa by Allama Muhammad IqbalJawab e Shikwa by Allama Muhammad Iqbal
Jawab e Shikwa by Allama Muhammad Iqbal
 
Shikwa by Allama Muhammad Iqbal
Shikwa by Allama Muhammad IqbalShikwa by Allama Muhammad Iqbal
Shikwa by Allama Muhammad Iqbal
 
Manzil (Protection against black magic, witch craft and spell)
Manzil (Protection against black magic, witch craft and spell)Manzil (Protection against black magic, witch craft and spell)
Manzil (Protection against black magic, witch craft and spell)
 
Glossary of Human Resources Management Terms
Glossary of Human Resources Management TermsGlossary of Human Resources Management Terms
Glossary of Human Resources Management Terms
 
Network Marketing Fatwa in Pakistan 07-july-08
Network Marketing Fatwa in Pakistan  07-july-08Network Marketing Fatwa in Pakistan  07-july-08
Network Marketing Fatwa in Pakistan 07-july-08
 
Business Research Methods Chap010
Business Research Methods Chap010Business Research Methods Chap010
Business Research Methods Chap010
 
Business Research Methods Chap014
Business Research Methods Chap014Business Research Methods Chap014
Business Research Methods Chap014
 
Business Research Methods Chap018
Business Research Methods Chap018Business Research Methods Chap018
Business Research Methods Chap018
 
Business Research Methods Chap017
Business Research Methods Chap017Business Research Methods Chap017
Business Research Methods Chap017
 
Business Research Methods Chap016
Business Research Methods Chap016Business Research Methods Chap016
Business Research Methods Chap016
 
Business Research Methods Chap015
Business Research Methods Chap015Business Research Methods Chap015
Business Research Methods Chap015
 
Business Research Methods Chap013
Business Research Methods Chap013Business Research Methods Chap013
Business Research Methods Chap013
 
Business Research Methods Chap012
Business Research Methods Chap012Business Research Methods Chap012
Business Research Methods Chap012
 
Business Research Methods Chap011
Business Research Methods Chap011Business Research Methods Chap011
Business Research Methods Chap011
 
Business Research Methods Chap009
Business Research Methods Chap009Business Research Methods Chap009
Business Research Methods Chap009
 
Business Research Methods Chap008
Business Research Methods Chap008Business Research Methods Chap008
Business Research Methods Chap008
 
Business Research Methods Chap007
Business Research Methods Chap007Business Research Methods Chap007
Business Research Methods Chap007
 
Business Research Methods Chap006
Business Research Methods Chap006Business Research Methods Chap006
Business Research Methods Chap006
 
Business Research Methods Chap019
Business Research Methods Chap019Business Research Methods Chap019
Business Research Methods Chap019
 
Business Research Methods Chap004
Business Research Methods Chap004Business Research Methods Chap004
Business Research Methods Chap004
 

Important Questions about Selling and Salespeople

  • 1. Selling and Salespeople Chapter 1
  • 2. Important Questions about Selling  What is selling?  Why should you learn about selling even if you do not plan to be a salesperson?  What is the role of personal selling in a firm?  What are the different types of sales people?  What are the rewards of a selling career? 2
  • 3. “Relationship building is definitely the key to business-to-business selling.” ~Jeffrey P. Lynn
  • 4. Selling  The exchange of products for an agreed sum of money  Part of the process by which organisations persuade customers to purchase their goods and services  Selling is the process of helping someone discover something of value 4
  • 5. Sales people  Nowadays buying the cheapest is not important to many companies, they prefer to develop relationships to be able to do business on ethical grounds. Sales people play a pivotal role here.  Sales people identify opportunities to create value and organise resources of their company that the company can exploit. 5
  • 6. Why Learn About Personal Selling?  Time to knock at the door gone  The principles of selling are useful to everyone, not just people with the title of salesperson.  Sales means more to give potential solutions to the customers rather than beat the drum of what the company sells  Internet and other latest technologies involved in selling and all the possible resources of the company 6 (support people etc)
  • 7. Why Learn About Personal Selling?  Selling is a team activity  Rules of Selling are to be followed by all  Very much similar to convincing as we do in our daily lives (with the parents, teachers, employers and friends)  The term Selling was not taken to be a good one, while now every one tries to engage directly/indirectly business development personnel to flourish.  Developing mutually beneficial, long-term relationships is vital to all of us.  People in business use selling principles all the time. 7
  • 8. Technologies used by Sales Force 8
  • 9. Personal Selling  Personal selling is oral communication with potential buyers of a product with the intention of making a sale. The personal selling may focus initially on developing a relationship with the potential buyer, but will always ultimately end with an attempt to "close the sale" Personal selling is a person- to-person business activity in which a salesperson uncovers and satisfies the needs of a buyer to the mutual, long- term benefit of both parties.
  • 10. PERSONAL SELLING Definition  Seeking out people who have a particular need.  Assisting them to recognize the existence of needs they have that could be met through your offering.  Demonstrating how your offering fills that need.  Persuading qualified prospects that your product will fill their needs. 10
  • 11. Objectives of Personal Selling  Building Product Awareness  Creating Interest  Providing Information  Stimulating Demand  Reinforcing the Brand 11
  • 12. Personal Selling Process  Prospecting  Making first contact  The sales call  Objection handling  Closing the sale to flourish 12
  • 13. Comparison to other marketing communications tools  Use fewer resources  Products tend to be fairly complex (e.g. financial services or new cars).  There is some contact between buyer and seller after the sale so that an ongoing relationship is built.  Client/prospects need specific information.  The purchase tends to involve large sums of money. 13
  • 14. Advantages of using personal selling  Personal selling is a face-to-face activity; customers therefore obtain a relatively high degree of personal attention  The sales message can be customised to meet the needs o the customer  The two-way nature of the sales process allows the sales team to respond directly and promptly to customer questions and concerns  Personal selling is a good way of getting across large amounts of technical or complex product information  The face-to-face sales meeting gives the sales force chance to demonstrate the product  Frequent meetings between sales force and customer provide an opportunity to build good long-term relationships 14
  • 15. Main disadvantages of using personal selling  The cost of employing a sales force. Sales people are expensive. In addition to the basic pay package, a business needs to provide incentives to achieve sales  A sales person can only call on one customer at a time. This is not a cost-effective way of reaching a large audience. 15
  • 16. Selling and Marketing  Marketing cycle is completed once the feedback is received and salespeople play an important role in bring the feedback  Efforts of the company to provide solutions to the people could be accomplished through sales people only  People are informed about the services and products of a company through the sales people only 16
  • 18. Strengths and Weaknesses of Communication Methods Communication Credibilit Control Flexibility Cost Method y Personal selling M to H H L H Internet website H M to H L M to H Mass media H L L M advertising Publicity L L H L to M Word of Mouth L L H L M = Moderate, H = High, L = Low 18
  • 19. Integrated Marketing Communications  Many companies use a combination of various communication techniques to be able to communicate better and balance out the pros and cons of each communication technique 19
  • 20. Sales people and Marketing Mix  Sales people are eyes and ears of a company in the marketplace  Learning organisations acquire information from the sales people about environment and make organisational decisions based on them 20
  • 21. Types of Organisational Learning  Adaptive Learning To develop knowledge to do present activities better  Generative Learning To go beyond the present products, markets, policies and procedures to develop new insights  Sales people contribute to both by providing in critical information to the firm’s strategic system 21
  • 22. Main Roles of the Sales Force  Prospecting  Communicating  Selling  Servicing  Information gathering  Allocating 22
  • 23. Contribution from Sales people  Strategy development  New product development  Pricing  Channel management 23
  • 24. Qualities of High Sales Performers  Sell to people  Know when to close  Exchange Information  Regularly establish trust  Engage in certain behaviors  Provide value added to the customer  Be perceived as a genuine advocates of prospects’ needs 24
  • 25. Salespeople are made not born  They are made with Concentrated attention They are made with Concentrated attention repeated practice goal oriented direction  The skills required to be a successful salesperson can be learned.  Become a student of your profession  Learn throughout your career  Innate characteristics such as personality traits, gender, and height are largely unrelated to sales performance.  Companies spend billions of dollars each year on training. 25
  • 26. THE SALES EDGE - EVERYBODY SELLS  Human relation skills are basic selling skills.  Skills are learned and practiced from birth.  Everyone has a base upon which to build their selling abilities. 26
  • 27. Activities of Salespeople  Selling  Servicing Customer  Reporting 27
  • 28. Selling  Prospecting for new customers  Increasing sales to existing customers  Making sales presentations  Demonstrating products  Negotiating prices and delivery terms  Writing orders and many more 28
  • 29. Servicing Customer  To work with employees of other departments to make sure that the customers get full benefit of what they have bought  Coordinate during meetings to resolve the problems of the customers 29
  • 30. Reporting  Time and money spent  Future schedules  Activities of competitors  Business conditions  Unsatisfied needs of the customers 30
  • 31. What do Salespeople do?  Client relationship manager  Account team manager  Vendor and channel manager  Information provider to their firm
  • 32. How Salespeople Spend Their Time Each Week
  • 33. Types of salespeople  Selling products to the customers over the counter  Selling products to the customers in the showrooms  Selling parts to producers to make the products  Selling material to the producers to make parts this chain could be very long….. 33
  • 34. Selling and Distribution Channels  Business to business  Direct sales A distribution channel is a set of people  Sales through distributors and organizations responsible for the flow of  Business to customer products  Direct sales and services from the  Sales through Retailers producer to the ultimate user.  Sales through Retailers and distributors
  • 35. Selling and Distribution Channels Business-to-business channels
  • 36. Selling and Distribution Channels (continued) Consumer channels 1-36
  • 37. CLASSIFICATION OF SALES JOBS  Trade selling  Missionary selling  Technical selling
  • 38. Trade selling  Taking orders and field service.  Largely involves delivering orders and replenishing inventory.  Expected to persuade customers to provide additional shelf space or more favorable placement of stock.  Opportunity to increase sales comes most often through assisting the customer to move a larger volume of inventory.  Often actually set up product displays in retail stores
  • 39. Missionary selling  Educate those who ultimately decide what product will be used by the consumer.  Often does not see immediate results from their efforts in the way of products sold.  Still accountable for sales.
  • 40. Technical selling  Salespeople must also be competent in some technical specialty related to the products being sold.  Usually called in by another salesperson who has already contacted the prospect and stimulated some interest.  Often conducted by a sales team.  Still need real sales skills because their role is more than just explaining the technical aspects of the product.
  • 41. The Sales Job Continuum
  • 42.
  • 43. The Customer is at the Center of the Sales System 43
  • 44. Major Reasons For Choosing A Sales Career 44
  • 46. A Sales Personnel Career Path 46
  • 47. Rewards in Selling  Independence and responsibility  Financial rewards  Management opportunities  Variety and Independence  No set routine  The variety of prospects and their needs.  Professional salespeople are never unemployed. 47
  • 48. Average Annual Compensation for Salespeople and Managers Source: 2004 Salary Survey, Sales & Marketing Management, May 2004, p. 29.
  • 49. Opportunity for Advancement  Advancement in Direct Selling  Entrepreneurship  Promotion to Sales Management  Involvement in Sales Training  Moving Into Top Management 49
  • 50. DISADVANTAGES OF A SALES CAREER  Variable income  Long hours  Travel
  • 51. Success of Selling S S U Ssuccess S S C E C 51
  • 52. Characteristics of Successful Salespeople  Motivation  Enthusiasm  Dependability and trustworthiness  Sincerity  Ethical sales behaviour  Goal Direction  Customer and product knowledge  Resourcefulness  Communication skills  Pleasant Personality  Flexibility  Initiative  Administrative Ability  Ability to Ask  Emotional intelligence Questions 52
  • 53. Other characteristics  Willing to do what it takes to attain goals.  Ability to find satisfaction in contributing to achievement of the goals set by their company.  Enjoy serving the needs of others.  Able to stay focused on daily activities.  Strong positive self image  High ethical standards  Sensitivity to the needs of others.  Able to win the trust of others
  • 54. Personal Characteristics Needed to Sell for Building Long-term Relationships 54
  • 56. Summary  You should study personal selling because we all use selling techniques.  Salespeople play a vital role in business activities.  Salespeople engage in a wide range of activities.  The specific duties and responsibilities of salespeople depend on the type of selling position.  Research on the characteristics of effective salespeople indicates that many different personality types can be successful in sales.

Editor's Notes

  1. Page 3
  2. Page 4, 5
  3. Page 6
  4. Page 7-10
  5. Page 8
  6. Page 11
  7. Page 12
  8. Page 12
  9. Page 15
  10. Page 21
  11. Page 23
  12. Page 23, 24