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Sales Presentation I-OVERVIEW OF SELLING

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    1Overview ofSelling

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    Learning Objectives

    Define personal selling and describe itsunique characteristics as a marketingcommunications tool.

    Distinguish between transaction-focusedtraditional selling and trust-based

    relationship selling, with the latter focusingon customer value and sales dialogue.

    Describe the evolution of personal selling

    from ancient times to the modern era.

    L 1

    L 2

    L 3

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    Learning Objectives

    Explain the contributions of personalselling to society, business firms, andcustomers.

    Discuss five alternative approaches toselling.

    Describe the three primary roles fulfilled byconsultative salespeople.

    Understand the sales process as a series ofinterrelated ste s.

    L 4

    L

    7

    L 6

    L

    5

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    Personal Selling Defined

    An important part ofmarketing

    that relies heavily oninterpersonal

    interactionsbetween buyers and

    sellers toinitiate, develop, and

    enhancecustomer relationships.

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    Trust-Based Relationship Selling

    Requires that salespeopleearn

    customer trust and thattheir

    selling strategy meetscustomer needs and

    contributes to thecreation,

    communication, anddelivery of customer value.

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    Customer Value

    The customersperception of what theyget for what they haveto give up.

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    Importance of Sales Dialogue

    Allows for more thorough qualifying.

    Demonstrates sincere interest in theprospective customer.

    Helps Determine prospective customersunique needs.

    Ensures meaningfulpresentation of value-added solutions.

    Promotes opencommunication andsatisfaction feedback.

    SalesDialogue:businessconversationbetween buyers& sellers thatoccur assalespeople attemptto initiate, develop, &

    enhance customerrelationships.

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    Transaction-Focused Sellingvs. Trust-Based Relationship Selling

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    Transaction-Focused Sellingvs. Trust-Based Relationship Selling

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    IndustrialRevolution

    Post-IndustrialRevolution

    War andDepression

    ModernEra

    1800s 1900s 2000s

    Evolution of Personal Selling

    Selling functionbecame more

    structured

    Peddlers sellingdoor to door . . .

    served asintermediaries

    Businessorganizations

    employedsalespeople

    Selling functionbecoming more

    professional

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    Evolution of PersonalSelling

    (The past several decades)

    Canned Sales Presentation:

    sales presentations thatinclude scripted sales calls,memorized presentations,and automatedpresentations.

    Sales Professionalism: a

    customer-oriented approachthat uses truthful, non-manipulative tactics to satisfythe long-term needs of boththe customer and the sellingfirm.

    From

    reliance on

    To greater

    focus on

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    Continued Evolutionof Personal Selling

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    Contributions of Personal Selling:Salespeople and Society

    Salespeople help stimulate theeconomy.

    Salespeople help with thediffusion of innovation.

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    Contributions of Personal Selling:Salespeople and the Employing

    Firm Salespeople generate revenue.

    Salespeople provide market

    research and customerfeedback.

    Salespeople become future

    leaders in the organization.

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    Contributions of Personal Selling:Salespeople and the Customer

    Salespeople provide solutions toproblems.

    Salespeople provide expertise andserve as information resources.

    Salespeople serve as advocates for the

    customer when dealing with the sellingorganization.

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    Ethical Dilemma

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    AlternativePersonal Selling Approaches

    Stimulus ResponseSelling

    Mental States Selling

    Need SatisfactionSelling

    Problem Solving Selling

    Consultative Selling

    Adaptive Selling:the ability of asalesperson toalter his/her sales

    messages andbehaviors during asales presentationor as theyencounter differentsales situations

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    Stimulus Response Selling

    Simple indesign;assumesconditionedresponseimproves

    likelihood ofsuccess; a risky

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    Ethical Dilemma

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    Need Satisfaction Selling

    Interact withbuyer todetermineexisting needs;presentsolutions to

    needs;solutions

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    Problem Solving Selling

    Interact withbuyer todetermineexisting andpotentialneeds; presentmultiple

    solutions notlimited to

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    Consultative Selling

    The process ofhelping customers

    reach their strategicgoals by using

    the products,services,

    andexpertise

    of theselling

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    The Sales Process - Overview

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    Role Play

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    Role Play


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