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8/4/2019 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