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Theories of Selling

By:- Vijay Kamboj
1. AIDAS Theory of Selling
 Prospect

goes through Five Stages I.e Attention,
Interest, Desire, Action and Satisfaction
 Sales Presentation must be structured in a manner
that that leads the prospect in the right sequence
 Securing Attention:
– Receptive State of mind
– Sales Person to have a reason to conduct the interview
– Conversation openers
– Remarks about the Prospect
AIDAS
 Gaining

Interest:

– Intensify the prospect's attention
– Searching the most effective selling appeal
– Questions to clarify attitudes and feelings towards the

product
 Kindling

Desire:

– Kindle the prospect's desire to Ready-to-buy point
– Conversation running along the main line towards the

sale
– Taking care of External interruptions and Objection
handling
AIDAS
 Inducing

Actions:

– Closing the sales buy judging the prospects reaction
– Straightforwardly asking for the order vis-à-vis

dropping the hints
 Building

Satisfactions:

– Reassuring that the decision was right
– Customer to have an impression that salesperson

merely helped in deciding
2. “Right Set of Circumstances” Theory
 Everything

was right for the sale
 Situation Response Theory
 Particular circumstance in a selling situation
cause the prospect to respond in a particular way
 Salesperson needs to present PROPER STIMULI
or APPEALS so that desired response is resulted
 Seller oriented Theory
 External Factors vis-à-vis Internal Factors
 Focus on the external factors at the expense of
Internal Factors
3. Buying Formula Theory
 Emphasizes

the Buyer’s side of the Buyer Seller

Dyad
 Buyer’s needs or problems receive the major
attention and the salesperson’s role is to find
solution
 Buying formula is a schematic representation of a
group of responses arranged in a psychological
sequence
 Emphasizes the Prospect’s responses
Buying Formula Theory
 Simplest

Model:
Need (Problem) – Solution – Purchase
 Outcome of a purchase affects the chance that a
continuing relationship will develop between
buyer and seller
Need (Problem) – Solution – PurchaseSatisfaction
Buying Formula Theory
 Need

is always satisfied by a solution in terms of
product or services accompanied by respective
Trade or Brand Name
Need (Problem) – Solution – Product or
Service/ Trade or Brand Name - PurchaseSatisfaction
 To ensure purchase, the product or service & the
Trade Name must be considered adequate and the
buyer must experience feeling of anticipated
satisfaction
Buying Formula Theory
(Adequacy/Pleasant)
Need (Problem) – Solution – Product or Service/
Trade or Brand Name - Purchase- Satisfaction
(Adequacy/Pleasant)
Buying Formula Theory
 Emphasis

should be placed depending upon kind
of circumstance
 Need or Problem should be emphasized if Prospect
does not feel a need
 Association between need and Product must be
emphasized if Prospect does not connect it
 Association between Brand and Product to be
emphasized if Prospect fails to connect it
 In case of competition, emphasis should be on
developing the adequacy of the brand name and
pleasant feelings around it.
Behavioral Equation Theory
 Buying

Behavior in terms of the purchasing process
viewed as phases of learning process
 Four Essential Elements:
 Drives:Strong Internal Stimuli that impel the buyer’s
action
– Innate Drives
– Learned Drives

 Cues:Stimuli

that will determine when buyer will

respond
– Triggering Cues
– Non Triggering Cues
Behavioral Equation Theory
 Response:

What buyer does
 Reinforcement: Event that strengthens the
buyer’s tendency to make a particular response
 Behavioral Equation:
B = P*D*K*V
 B – Response or purchase of brand
 P – Predisposition
 D – Present drive level
 K- Incentive Potential
 V –Intensity of all cues

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Theories of selling

  • 2. 1. AIDAS Theory of Selling  Prospect goes through Five Stages I.e Attention, Interest, Desire, Action and Satisfaction  Sales Presentation must be structured in a manner that that leads the prospect in the right sequence  Securing Attention: – Receptive State of mind – Sales Person to have a reason to conduct the interview – Conversation openers – Remarks about the Prospect
  • 3. AIDAS  Gaining Interest: – Intensify the prospect's attention – Searching the most effective selling appeal – Questions to clarify attitudes and feelings towards the product  Kindling Desire: – Kindle the prospect's desire to Ready-to-buy point – Conversation running along the main line towards the sale – Taking care of External interruptions and Objection handling
  • 4. AIDAS  Inducing Actions: – Closing the sales buy judging the prospects reaction – Straightforwardly asking for the order vis-à-vis dropping the hints  Building Satisfactions: – Reassuring that the decision was right – Customer to have an impression that salesperson merely helped in deciding
  • 5. 2. “Right Set of Circumstances” Theory  Everything was right for the sale  Situation Response Theory  Particular circumstance in a selling situation cause the prospect to respond in a particular way  Salesperson needs to present PROPER STIMULI or APPEALS so that desired response is resulted  Seller oriented Theory  External Factors vis-à-vis Internal Factors  Focus on the external factors at the expense of Internal Factors
  • 6. 3. Buying Formula Theory  Emphasizes the Buyer’s side of the Buyer Seller Dyad  Buyer’s needs or problems receive the major attention and the salesperson’s role is to find solution  Buying formula is a schematic representation of a group of responses arranged in a psychological sequence  Emphasizes the Prospect’s responses
  • 7. Buying Formula Theory  Simplest Model: Need (Problem) – Solution – Purchase  Outcome of a purchase affects the chance that a continuing relationship will develop between buyer and seller Need (Problem) – Solution – PurchaseSatisfaction
  • 8. Buying Formula Theory  Need is always satisfied by a solution in terms of product or services accompanied by respective Trade or Brand Name Need (Problem) – Solution – Product or Service/ Trade or Brand Name - PurchaseSatisfaction  To ensure purchase, the product or service & the Trade Name must be considered adequate and the buyer must experience feeling of anticipated satisfaction
  • 9. Buying Formula Theory (Adequacy/Pleasant) Need (Problem) – Solution – Product or Service/ Trade or Brand Name - Purchase- Satisfaction (Adequacy/Pleasant)
  • 10. Buying Formula Theory  Emphasis should be placed depending upon kind of circumstance  Need or Problem should be emphasized if Prospect does not feel a need  Association between need and Product must be emphasized if Prospect does not connect it  Association between Brand and Product to be emphasized if Prospect fails to connect it  In case of competition, emphasis should be on developing the adequacy of the brand name and pleasant feelings around it.
  • 11. Behavioral Equation Theory  Buying Behavior in terms of the purchasing process viewed as phases of learning process  Four Essential Elements:  Drives:Strong Internal Stimuli that impel the buyer’s action – Innate Drives – Learned Drives  Cues:Stimuli that will determine when buyer will respond – Triggering Cues – Non Triggering Cues
  • 12. Behavioral Equation Theory  Response: What buyer does  Reinforcement: Event that strengthens the buyer’s tendency to make a particular response  Behavioral Equation: B = P*D*K*V  B – Response or purchase of brand  P – Predisposition  D – Present drive level  K- Incentive Potential  V –Intensity of all cues