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The 4 th  session
Sales Cycle
SC: Prospecting ,[object Object],[object Object],[object Object],[object Object],Qualified prospect Person who wants or needs the product  Prospect Lead Advertising  Coupon  Toll-free  Trade shows  Professional meetings  Conferences  Lists and directories Cold canvassing in person  Telephone canvassing  Networking  Referrals  Center of influence
SC: Approach ,[object Object],[object Object],[object Object],[object Object]
SC: Need Discovery ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
SC: Presentation   1/2 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Ready-made Selling Format  ,[object Object],[object Object],[object Object],Simple Response Format
SC: Presentation 2/2 ,[object Object],[object Object],[object Object],[object Object],Consultative   Selling   ,[object Object],[object Object],Adaptive Selling   ,[object Object],[object Object],[object Object],Need Satisfaction Format
SC: Handling objections ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
SC: Closing Knowing when the prospect is ready to buy  More difficult in cross-cultural buyer-seller negotiations where societal customs and language play a large role  PO/ Signing Used to commit the prospect quickly by making reference to the timeliness of the purchase  Urgency close Asking the prospect to consider choices concerning delivery, warranty, or financing terms under the assumption that a sale has been finalized  Assumptive close Asking the prospect to make a decision on some aspect of the purchase  Trial close
SC: Follow up ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Need discovery ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Need discovery tactics ,[object Object],[object Object],[object Object]
Specific questions techniques ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Questions techniques ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Thanks
Customer development process (Sales Cycle) Suspect Prospect Client Advocates First time customer Repeated customer Partners Lost customer Disqualified prospect
Customer development process (Sales Cycle) Suspect Prospect Client Advocates First time customer Repeated customer Partners Lost customer Disqualified prospect
Customer development process (Sales Cycle) Suspect Prospect Client Advocates First time customer Repeated customer Partners Lost customer Disqualified prospect

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Sales & Marketing introduction - Session 4

  • 1. The 4 th session
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9. SC: Closing Knowing when the prospect is ready to buy More difficult in cross-cultural buyer-seller negotiations where societal customs and language play a large role PO/ Signing Used to commit the prospect quickly by making reference to the timeliness of the purchase Urgency close Asking the prospect to consider choices concerning delivery, warranty, or financing terms under the assumption that a sale has been finalized Assumptive close Asking the prospect to make a decision on some aspect of the purchase Trial close
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 16. Customer development process (Sales Cycle) Suspect Prospect Client Advocates First time customer Repeated customer Partners Lost customer Disqualified prospect
  • 17. Customer development process (Sales Cycle) Suspect Prospect Client Advocates First time customer Repeated customer Partners Lost customer Disqualified prospect
  • 18. Customer development process (Sales Cycle) Suspect Prospect Client Advocates First time customer Repeated customer Partners Lost customer Disqualified prospect