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Chap006ps05

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    6-1

    Communicating theCommunicating the

    Sales MessageSales Message

    66

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    6-2

    COMMUNICATING THE SALES MESSAGE

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    6-3

    COMMUNICATING THE SALES MESSAGE

    Learning Objectives

    Understand the characteristics of asales presentation

    Identify sales presentation strategies

    Discuss the steps in preparing for the

    sales presentation

    Discuss the steps involved inapproaching the customer

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    6-4

    COMMUNICATING THE SALES MESSAGE

    Learning Objectives

    Understand how to apply your salesknowledge to the customers needs

    Understand how important productdemonstrations are in the presentation

    Define the keys to a great sales

    presentation

    Understand the role sales managers play insales presentations

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    6-5

    COMMUNICATING THE SALES MESSAGE

    Fitting the Presentation to the Customer

    Answering any last minute

    details for the customer

    Making the final

    presentation before the

    order is given

    Letting customers vent their

    frustration

    Winning back lost

    customers

    Restating the value

    proposition

    Competitors trying to take

    business away

    Listening (about 80% of the

    total meeting time) to

    determine the customers

    needs

    First meeting w/ customer

    Salespersons focus

    should be:Situation

    Source: Julia Chang, Tailor Made, Sales and Marketing Management, April 2003, pp.37-41.

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    6-6

    COMMUNICATING THE SALES MESSAGE

    Communicating the Sales Message

    Delivery of information relevant to solving

    the customers needs Often involves a product demonstration

    Sales presentation -

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    COMMUNICATING THE SALES MESSAGE

    expert advice 6.1

    Research the customers business andtechnical needs in advance of the sales call

    Tailor the presentation materials according

    to the research results

    Listen to what the customer says in the

    meeting, then further refine the discussion to

    meet the customers needs and interests

    Three most important characteristics of a successful

    sales presentation

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    COMMUNICATING THE SALES MESSAGE

    EXHIBITCharacteristics of a Great SalesPresentation

    Explains the Value Proposition

    Asserts the advantages and benefits of

    the product

    Enhances the customers knowledge of

    the company, product, and services

    Creates a memorable experience

    6.1

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    COMMUNICATING THE SALES MESSAGE

    Enhancing

    the Customers Knowledge - Example

    Pampers brand does a good job of

    enhancing customer product

    knowledge

    Visit the What We Are Made Of page

    on their website (www.pampers.com)

    Here you will find a complete

    description of the product and its

    benefits

    http://www.pampers.com/http://www.pampers.com/
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    COMMUNICATING THE SALES MESSAGE

    EXHIBIT Sales Presentation Strategies6.2

    40/60CustomerProblem solving

    50/50CustomerNeed satisfaction

    70/30ProductFormula

    90/10ProductMemorized

    Talk/Listen

    Ratio

    Focal Point of

    Presentation

    Presentation

    Strategy

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    Memorized Presentations

    May discuss some areas not

    important to the customer and leave

    out some that are

    Tend to seem high pressure

    Ensure consistent delivery

    Are able to deliver more information in

    the same amount of time

    CO C G S S SS G

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    COMMUNICATING THE SALES MESSAGE

    Formula Presentations

    Get the customers attention

    Create interestin the product

    Develop a strong desire for the product

    Move the customer to action

    Based on the acronym AIDA

    COMMUNICATING THE SALES MESSAGE

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    Need identification stage questioning

    the customer to discover needs

    Need analysis stage by combiningknowledge of the companys products and

    services with the recognition of the

    customers needs, determining how to best

    meet those needs

    Need satisfaction stage presenting the

    companys solution to the customers needs

    Need Satisfaction Presentations

    COMMUNICATING THE SALES MESSAGE

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    Problem-Solving Presentations

    Focus on customer

    Considered the most complex and

    difficult presentation strategy

    Preferred presentation strategy in

    relationship selling

    COMMUNICATING THE SALES MESSAGE

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    How Technology Can Help You

    Portable computer systems - match

    the technology to meet presentation

    needs (dont overbuy)

    Wireless communication connecting

    to the company or anywhere else on

    the Internet allows the salesperson toprovide the most current data

    available

    COMMUNICATING THE SALES MESSAGE

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    Companies are combining a variety of

    workplace tools into one device

    Visit Palm Products atwww.palmone.com/us and review the Treo

    line of products

    The Treo line combines PDAs with digitalcell phone technology for total

    communication, scheduling, and contact

    management

    Wireless Communication - Example

    COMMUNICATING THE SALES MESSAGE

    http://www.palmone.com/ushttp://www.palmone.com/us
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    McGraw-Hill/Irwin 2005 The McGraw-Hill Companies, Inc. All rights reserved.

    INNOVATION 6.2

    Can be used as a traditional laptop or as

    a legal pad by recognizing the users

    handwriting on the screen

    Uses Microsoft Windows XP Tablet PCsoftware

    Tablet PC May Revolutionize the Selling Experience

    Source: Tablet PCs: Hot or Not? Michael Weinreb, Sales and Marketing Management, April 2003, p. 21.

    COMMUNICATING THE SALES MESSAGE

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    McGraw-Hill/Irwin 2005 The McGraw-Hill Companies, Inc. All rights reserved.

    INNOVATION 6.2

    Many companies offer tablet PCs

    Acer Fujitsu

    Hewlett-Packard

    Motion Computing Toshiba

    ViewSonic

    Source: Tablet PCs: Hot or Not? Michael Weinreb, Sales and Marketing Management, April 2003, p. 21.

    Tablet PC May Revolutionize the Selling Experience

    COMMUNICATING THE SALES MESSAGE

    http://www.acer.com/http://www.fujitsu.com/http://www.hp.com/http://www.motioncomputing.com/http://www.toshiba.com/http://www.viewsonic.com/http://www.viewsonic.com/http://www.toshiba.com/http://www.motioncomputing.com/http://www.hp.com/http://www.fujitsu.com/http://www.acer.com/
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    COMMUNICATING THE SALES MESSAGE

    Setting Goals and Objectives

    Presentations should meet at leastone of the five following goals:

    Educate the customer

    Get the customers attention

    Build interest for the companys products andservices

    Nurture the customers desire and conviction

    Obtain a customer commitment to action

    (purchase)

    COMMUNICATING THE SALES MESSAGE

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    Approach the Customer

    Before the meeting never make the

    customer wait

    Greeting the customer Dress appropriately

    Turn off or silence all wireless communication devices

    Be organized

    The first three minutes Build rapport

    Non-controversial subjects

    COMMUNICATING THE SALES MESSAGE

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    Objectives of the Customer Approach

    Get the customers attention

    Create enough interest in you, your

    company, and its products andservices that you can continue the

    presentation

    COMMUNICATING THE SALES MESSAGE

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    leadership 6.3

    Portray a confident but not superior

    manner A clean, neat appearance is essential to

    making a positive first impression

    Its important to smile Try to use your prospects name when

    conversing

    Never Underestimate the Power ofYour First Impression

    COMMUNICATING THE SALES MESSAGE

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    leadership 6.3

    Show that this meeting is important to

    you Dont apologize for taking your

    prospects time

    Be comfortable and relaxed Position yourself through everything you

    say and do

    Never Underestimate the Power ofYour First Impression

    Source: Bill Brooks, Never Underestimate the Power of Your First Impression, American Salesman, April 2002, pp. 3-5.

    COMMUNICATING THE SALES MESSAGE

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    6-24

    EXHIBITApproaches to the SalesPresentation

    Referral

    Customer Benefit

    Question

    Assessment

    Product demonstration

    6.3

    COMMUNICATING THE SALES MESSAGE

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    EXHIBIT The Sales Presentation6.4

    COMMUNICATING THE SALES MESSAGE

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    EXHIBIT Categories of Questions6.5

    Difficult to manage

    responses

    Helps uncover customer

    needs

    Investigation

    Can derail presentationProvides customer buy-inValidation

    Wastes customer timeUncovers relevant dataData

    Collection

    Discourages dialogueGets specific informationRestricted

    Time consumingEncourages customer to

    speak

    Unrestricted

    DisadvantageAdvantageQuestionType

    COMMUNICATING THE SALES MESSAGE

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    Questioning Drives a Great Presentation

    Unrestricted/restricted questions

    encourage the customer to share

    information

    Unrestricted encourage the customer

    to speak more freely and salesperson to

    develop a richer understanding of the

    customers needs Restricted provide specific information

    from the customer that the salesperson

    can use to shape the presentation

    COMMUNICATING THE SALES MESSAGE

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    Questioning Drives a Great Presentation

    Data collection questions

    Gather basic data about customers

    current business or historical perspective

    Limit use in presentations

    May provide information that interferes with

    elements of the presentation

    Customer may perceive a lack of preparation

    Investigation questions assess the

    customers current state of mind

    COMMUNICATING THE SALES MESSAGE

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    Questioning Drives a Great Presentation

    Validation questions help get

    agreement from the customer

    Situation questions provide basicinformation about the customers

    situation

    Problem questions get the customer

    concentrating on particular issues

    COMMUNICATING THE SALES MESSAGE

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    Questioning Drives a Great Presentation

    Implication questions help the

    customer recognize a problems

    implications

    Need payoff questions directly

    connect the problem with the value

    proposition

    COMMUNICATING THE SALES MESSAGE

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    leadership 6.4

    The SPIN Selling Approach

    Learning about the value of a

    proposed customer solution

    Need Payoff Questions

    Learning about the effects of the

    customers problems

    Implication Questions

    Learning about the customers

    problems

    Problem Questions

    Finding facts about the

    customers existing situation

    Situation Questions

    Source: Neil Rackman, SPIN Selling(Burr Ridge, IL: McGraw-Hill, 1988).

    COMMUNICATING THE SALES MESSAGE

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    Listening

    In sales, listening is as, or more, important thantalking

    Most people listen actively only 25% of the time

    Most people can hear up to 800 words per

    minute, but only speak around 140 words per

    minute

    Active listening - requires commitment to focus

    on the speaker, concentrate on what is being

    said, and take in nonverbal as well as verbal

    messages

    COMMUNICATING THE SALES MESSAGE

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    EXHIBIT Guidelines for Active Listening6.6

    Source: Dan Sharp, Guidelines for Active Listening and Reflection,www.salesconcepts.com, June 2003

    1.Listen patiently

    2.Try to understand the feeling the other person isexpressing

    3.Restate the persons feeling

    4.Allow time for discussion to continue without

    interruption

    5.Avoid direct questions and arguments about facts

    COMMUNICATING THE SALES MESSAGE

    http://www.salesconcepts.com/http://www.salesconcepts.com/http://www.salesconcepts.com/http://www.salesconcepts.com/
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    EXHIBIT Guidelines for Active Listening6.6

    Source: Dan Sharp, Guidelines for Active Listening and Reflection, www.salesconcepts.com, June 2003

    Repeat points you want to know more about

    Listen for what is notsaid

    When solicited, be honest in your reply

    Do not get emotionally involved

    BE QUIET

    COMMUNICATING THE SALES MESSAGE

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    Sell FAB

    Feature any material characteristic or

    specification of the companys products or

    services

    Advantage a particular product/service

    characteristic that helps meet the

    customers needs

    Benefit the beneficial outcome to the

    buyer from the advantage found in the

    product feature

    COMMUNICATING THE SALES MESSAGE

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    Satisfy Customer Needs

    Get customer agreement

    Minimize change conflict

    Establish the relationship

    COMMUNICATING THE SALES MESSAGE

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    Keys to a Great Presentation

    Demonstrations

    Three benefits to the salesperson Can build credibility with customers

    Create a greater connection between the customer and

    the product

    Enhance the effectiveness of your communication

    Prepare for a successfuldemonstration Develop objectives

    Get customers involved

    Practice, practice, practice

    COMMUNICATING THE SALES MESSAGE

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    6-38McGraw-Hill/Irwin 2005 The McGraw-Hill Companies, Inc. All rights reserved.

    INNOVATION 6.5

    Focus on listening

    Ask for clarification

    Be brief

    Dont repeat yourself

    Ask, Am I making sense?

    Have an open-door policy

    Use self-deprecating humor

    How to be a Better Communicator

    Source: How to Be a Good Communicator, Sales and Marketing Management, February 2003, p. 46.

    COMMUNICATING THE SALES MESSAGE

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    EXHIBIT Demonstration Checklist

    Justify the need for a product

    demonstration

    State the objective of the demonstration

    Design the demonstration

    Rehearse the demonstration

    Plan for unforeseen circumstances

    6.7

    COMMUNICATING THE SALES MESSAGE

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    Nonverbal Communication

    Nonverbal communication is the most

    important element in the

    communication process

    Less than 10% of communication is

    based on whatwe say

    COMMUNICATING THE SALES MESSAGE

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    Customer Nonverbal Communication

    Face single most important feature in

    nonverbal communication

    Arms and hands open indicate person isopen to communication

    Body language

    Leaning forward = interest Leaning backward = lack of concentration

    Quick movements = change of mind

    COMMUNICATING THE SALES MESSAGE

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    Customer

    Public Space

    Social Space

    Personal SpaceIntimate Space

    1242-3

    Territorial Space

    COMMUNICATING THE SALES MESSAGE

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    When Things Go Wrong

    Interruptions during the Presentation

    Assess nature of interruption

    Consider as an opportunity to plan where

    to take the presentation from here

    Inappropriate Environment - be

    prepared for less than ideal conditions

    Technology Failure always have a

    backup plan

    COMMUNICATING THE SALES MESSAGE

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    Sales Managers Role

    Mentor help salespeople improve their

    presentation skills

    Salesperson especially at presentationsto large customers

    Equip salespeople for success

    Training Equipment

    Motivation