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IIPM Lecture 2 (Junior)

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  • 8/7/2019 IIPM Lecture 2 (Junior)

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    Slide 20-2

    PERSONAL

    SELLING ANDSALES

    MANAGEMENT

    PERSONAL

    SELLING ANDSALES

    MANAGEMENT

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    Slide 20-9

    How salespeople create value for customers

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    Slide 20-14

    Comparing order takers with order getters

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    Slide 20-17

    THE MANY FORMS OF

    PERSONAL SELLING

    Customer Sales Support Personnel

    Missionary Salespeople

    Team Selling

    Conference Selling

    Sales Engineer

    Seminar Selling

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    Slide 20-23

    Stages in the personal selling process

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    Slide 20-84

    Relationship Selling

    Relationshipsellingis the practice of

    building ties to customers based on asalespersons attention and commitment

    to customer needs over time.

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    Slide 20-85

    Partnership Selling

    Partnershipsellingis the practice

    whereby buyers and sellers combine theirexpertise and resources to create

    customized solutions, commit to joint

    planning, and share customer,competitive, and company information for

    their mutual benefit, and ultimately the

    customer. Also calledenterprise selling.

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    Slide 20-86

    OrderTaker

    An ordertakerprocesses routine orders

    or reorders for products that were alreadysold by the company.

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    Slide 20-87

    Order Getter

    An ordergettersells in a conventional

    sense and identifies prospectivecustomers, provides customers with

    information, persuades customers to buy,

    closes sales, and follows up on customers

    use of a product or service.

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    Slide 20-88

    Missionary Salespeople

    Missionarysalespeopleare sales support

    personnel who do not directly solicitorders but rather concentrate on

    performing promotional activities and

    introducing new products.

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    Slide 20-89

    Sales Engineer

    A salesengineeris a salesperson who

    specializes in identifying, analyzing, andsolving customer problems and brings

    know-how and technical expertise to the

    selling situation but often does not

    actually sell products and services.

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    Slide 20-90

    Team Selling

    Teamsellingis the practice of using an

    entire team of professionals in selling toand servicing major customers.

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    Slide 20-91

    Personal Selling Process

    The personal sellingprocess consists of

    sales activities occurring before and afterthe sale itself, consisting of six stages:

    (1) prospecting, (2) preapproach,

    (3) approach, (4) presentation, (5) close,

    and (6) follow-up.

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    Slide 20-92

    Stimulus-Response Presentation

    Stimulus-responsepresentation is a

    presentation format which assumes thatgiven the appropriate stimulus by a

    salesperson, the prospect will buy.

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    Slide 20-93

    Formula Selling Presentation

    Formula sellingpresentation is a

    presentation format that consists ofinformation that must be provided in

    an accurate, thorough, and step-by-step

    manner to inform the prospect.

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    Slide 20-94

    Need-Satisfaction Presentation

    Need-satisfactionpresentation is a

    presentation format that emphasizesprobing and listening by the salesperson

    to identify needs and interests of

    prospective buyers.

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    Slide 20-95

    Adaptive Selling

    Adaptiveselling is a need-satisfaction

    presentation format that involvesadjusting the presentation to fit the selling

    situation, such as knowing when to offer

    solutions and when to ask for more

    information.

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    Slide 20-96

    Consultative Selling

    Consultativeselling is a need-

    satisfaction presentation format thatfocuses on problem identification, where

    the salesperson serves as an expert on

    problem recognition and resolution.

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    Slide 20-97

    Sales Plan

    A salesplanis a statement describing

    what is to be achieved and where andhow the selling effort of salespeople is

    to be deployed.

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    Slide 20-98

    Major Account Management

    Major accountmanagementis the

    practice of using team selling to focuson important customers so as to build

    mutually beneficial, long-term,

    cooperative relationships. Also called

    key account management.

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    Slide 20-101

    Emotional Intelligence

    Emotional intelligenceis the ability to

    understand ones own emotions and theemotions of people with whom one

    interacts on a daily basis.

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    Slide 20-102

    Sales Quota

    A sales quota contains specific goals

    assigned to a salesperson, sales team,branch sales office, or sales district for

    a stated time period.

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    Slide 20-103

    Salesforce Automation

    Salesforce automation(SFA) is the

    use of computer, information,communication, and Internet technologies

    to make the sales function more effective

    and efficient.


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