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Building Trust and
Sales Ethics
Module Two
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Learning Objectives
1. Explain the importance of trust.
2. Discuss the distinguishing
characteristics of trust-based selling.
3. Discuss how to earn trust.
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Learning Objectives
4. Explain how the knowledge bases help
build trust and relationships.
5. Understand the importance of sales
ethics.
6. Discuss three important areas of
unethical behavior.
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Setting the Stage
1. What were the characteristics Gwen
Tranquillo possessed and
demonstrated that helped her earn her
customer’s trust?
2. How did Gwen demonstrate she was
customer oriented and that Hershey
wants what’s best for its customers?
The Importance of Trust
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Trust refers to
the degree to
which one
person can rely
on another when
the former is
dependent on
the latter.
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Why is Trust Important?
A fundamental competitive strategy of a
growing number of organizations is to
build long-term mutually beneficial
relationships with their customers. The
ability of those organizations’ salespeople
to earn their customers’ trust is essential
to the success of that strategy.
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Trust Develops When the Salesperson is:
Candid
Expert
Customer
Oriented
Dependable
Compatible
Trust
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Trust Builder – Expertise
Expert
The extent to which a salesperson
possesses relevant knowledge and
capability.
The salesperson knows what he/she
needs to know. The salesperson and
his/her company have the ability and
resources to get the job done right.
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Trust Builder – Dependability
Dependable
The extent to which a salesperson
consistently and predictably follows
through on commitments he/she
makes to others.
Buyers can rely on the salesperson.
The salesperson keeps his/her
promises.
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Trust Builder – Candor
Candid
The extent to which a salesperson is
honest and upfront with others,
especially with regard to issues/factors
that may impact those others.
The salesperson is honest in his/her
spoken word. The salesperson’s
presentation is fair and balanced.
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Trust Builder – Customer Orientation
Customer
Oriented
The extent to which a salesperson
values and protects the interests of
his/her customers.
The salesperson truly cares about the
partnership. The salesperson will go
to bat for the customer.
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Trust Builder - Compatibility
Compatible
The extent to which a salesperson’s
behaviors, actions, and personality are
consistent with and/or appreciated by
his/her customers.
The buyer likes doing business with
the salesperson. The buyer likes
doing business with the
salesperson’s company.
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Knowledge Bases
• Industry
• Company
• Product
• Price and Promotion
• Service
• Market/Customer
• Competitor
• Technology
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Industry Knowledge
In order to develop and execute
effective selling strategies, and to
be viewed as a market information resource,
salespeople must understand the dynamics,
structure, culture, and forces that affect the
industry or industries in which they work.
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Company Knowledge
Salespeople must understand
their company’s culture, mission,
goals, policies, and procedures so that they
may effectively and accurately represent the
company when interacting (e.g., negotiating)
with its prospective and current customers.
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Product Knowledge
Salespeople must have a
thorough understanding of their
product offering(s) so that they are perceived
(by the customer) as experts and capable of
accurately matching those offerings to the
needs of the customer.
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Service Knowledge
Closely tied to the market offer is the
service and support an organization
provides its customers. Salespeople must
know their company’s service capabilities
and then match those to the needs of their
customers.
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Promotion and Price Knowledge
Salespeople must be capable of
administering promotional programs
and answering related questions in order to
facilitate their customers’ participation. In
addition, salespeople must understand the
pricing structure of their products so that they
may negotiate accordingly with the buyer.
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Market and Customer Knowledge
Salespeople must possess knowledge
of the markets they serve in order
to develop and implement effective selling
strategies. In addition, salespeople must
understand their customers, including needs,
personalities, and communication styles so that
may be able to create and clearly communicate
relevant solutions.
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Competitor Knowledge
Salespeople must posses knowledge
of their competitors so that they
know how to position their products against
those of their competitors’.
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Technology Knowledge
Salespeople must understand how to
take advantage of technology (e.g.,
internet, computer, and telecommunications)
that may help them be more competitive.
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Ethics
Ethics refers to right and wrong
conduct of individuals and institutions
of which they are a part.
Clearly
Wrong
Clearly
Right
Ethical
Dilemma
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Image of Salespeople
Ingram LaForge Avila
Schwepker Jr. Williams
Professional Selling:
A Trust-Based Approach
Module 2:
Building Trust and Sales Ethics
Areas of Unethical Behavior
Exaggerate
Withhold
Deceive
Hustle
Scam
Bluff
Deceptive Practices
Misuse Company
Assets
Defraud
Con
Illegal Activities
Pushy
Hard Sell
Fast Talking
High Pressure
Non-Customer-Oriented Behavior

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Module 02 professional salesmanship

  • 1. Building Trust and Sales Ethics Module Two
  • 2. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Learning Objectives 1. Explain the importance of trust. 2. Discuss the distinguishing characteristics of trust-based selling. 3. Discuss how to earn trust.
  • 3. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Learning Objectives 4. Explain how the knowledge bases help build trust and relationships. 5. Understand the importance of sales ethics. 6. Discuss three important areas of unethical behavior.
  • 4. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Setting the Stage 1. What were the characteristics Gwen Tranquillo possessed and demonstrated that helped her earn her customer’s trust? 2. How did Gwen demonstrate she was customer oriented and that Hershey wants what’s best for its customers? The Importance of Trust
  • 5. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Trust refers to the degree to which one person can rely on another when the former is dependent on the latter.
  • 6. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Why is Trust Important? A fundamental competitive strategy of a growing number of organizations is to build long-term mutually beneficial relationships with their customers. The ability of those organizations’ salespeople to earn their customers’ trust is essential to the success of that strategy.
  • 7. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Trust Develops When the Salesperson is: Candid Expert Customer Oriented Dependable Compatible Trust
  • 8. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Trust Builder – Expertise Expert The extent to which a salesperson possesses relevant knowledge and capability. The salesperson knows what he/she needs to know. The salesperson and his/her company have the ability and resources to get the job done right.
  • 9. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Trust Builder – Dependability Dependable The extent to which a salesperson consistently and predictably follows through on commitments he/she makes to others. Buyers can rely on the salesperson. The salesperson keeps his/her promises.
  • 10. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Trust Builder – Candor Candid The extent to which a salesperson is honest and upfront with others, especially with regard to issues/factors that may impact those others. The salesperson is honest in his/her spoken word. The salesperson’s presentation is fair and balanced.
  • 11. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Trust Builder – Customer Orientation Customer Oriented The extent to which a salesperson values and protects the interests of his/her customers. The salesperson truly cares about the partnership. The salesperson will go to bat for the customer.
  • 12. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Trust Builder - Compatibility Compatible The extent to which a salesperson’s behaviors, actions, and personality are consistent with and/or appreciated by his/her customers. The buyer likes doing business with the salesperson. The buyer likes doing business with the salesperson’s company.
  • 13. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Knowledge Bases • Industry • Company • Product • Price and Promotion • Service • Market/Customer • Competitor • Technology
  • 14. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Industry Knowledge In order to develop and execute effective selling strategies, and to be viewed as a market information resource, salespeople must understand the dynamics, structure, culture, and forces that affect the industry or industries in which they work.
  • 15. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Company Knowledge Salespeople must understand their company’s culture, mission, goals, policies, and procedures so that they may effectively and accurately represent the company when interacting (e.g., negotiating) with its prospective and current customers.
  • 16. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Product Knowledge Salespeople must have a thorough understanding of their product offering(s) so that they are perceived (by the customer) as experts and capable of accurately matching those offerings to the needs of the customer.
  • 17. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Service Knowledge Closely tied to the market offer is the service and support an organization provides its customers. Salespeople must know their company’s service capabilities and then match those to the needs of their customers.
  • 18. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Promotion and Price Knowledge Salespeople must be capable of administering promotional programs and answering related questions in order to facilitate their customers’ participation. In addition, salespeople must understand the pricing structure of their products so that they may negotiate accordingly with the buyer.
  • 19. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Market and Customer Knowledge Salespeople must possess knowledge of the markets they serve in order to develop and implement effective selling strategies. In addition, salespeople must understand their customers, including needs, personalities, and communication styles so that may be able to create and clearly communicate relevant solutions.
  • 20. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Competitor Knowledge Salespeople must posses knowledge of their competitors so that they know how to position their products against those of their competitors’.
  • 21. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Technology Knowledge Salespeople must understand how to take advantage of technology (e.g., internet, computer, and telecommunications) that may help them be more competitive.
  • 22. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Ethics Ethics refers to right and wrong conduct of individuals and institutions of which they are a part. Clearly Wrong Clearly Right Ethical Dilemma
  • 23. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Image of Salespeople
  • 24. Ingram LaForge Avila Schwepker Jr. Williams Professional Selling: A Trust-Based Approach Module 2: Building Trust and Sales Ethics Areas of Unethical Behavior Exaggerate Withhold Deceive Hustle Scam Bluff Deceptive Practices Misuse Company Assets Defraud Con Illegal Activities Pushy Hard Sell Fast Talking High Pressure Non-Customer-Oriented Behavior

Editor's Notes

  1. Answers to Questions 1. Gwen developed trust by being reliable, customer-oriented, candid, and an expert.