5. Eco System Of Any Business
Cash : cash inflow > cash outflow
Margin : any excess of revenue over expenditure. Either
increase the revenue or minimize expenditure, healthy
margins are the pre requisite for any successful business
Velocity : sales turnover and quick realization of money
Growth : identify and target those segments which have
got business scalability
Customers : they are the person who are not inside our
business but drives our business. They decide our top
lines as well as bottom lines
12. A framework for interaction in
the buying selling climate
Relationship
Structure
Goals
Rules
13. Goals: Relationships form because of a goal or an
outcome that each person whishes to achieve.
Structures: Based on two conditions:
a) Dominance/Submission
b) Warmth/ Hostility
Rules: For a person to make predictions about
another persons behavior, rules and regulations must
exist that govern action in the relationships.
16. Value Proposition
A value proposition is a promise of value to be delivered and a
belief from the customer that value will be experienced.
A value proposition can apply to an entire organization, or parts
thereof, or customer accounts, or products or services.
Developing a value proposition is based on a review and
analysis of the benefits, cost and value that an organization can
deliver to its customers, prospective customers, and
other groups within and outside the organization.
It is also a positioning of value, where Value = Benefits - Cost
(cost includes Economic Risk.)
19. Value experience
or Customer Experience
what does the market value most? The effectiveness of
the value proposition depends on gathering real
customer, prospect or employee feedback.
23. Proof
What evidence is there to substantiate your value
proposition? Check Back and Customer feed back.
24. The Value Proposition that we make to our
customers with Exide’s solutions
Physical Benefits :
ROI – Return on Investment :
ROI – Return on Impression :
Margins :
Market Share :
Qualitative Increment :
Your Cutting Edge :
26. Our Major Customers & Target Segments
Automobile
Infrastructure and Projects
Mining
FMIB
Solar Non conventional source of energy
Telecom
Power
35. Our Selling Process & Customer Buying
Process Mapping and the Bottlenecks
Pre Sales :
POC – Proof of Concept :
Passing the proof of concept from the authorized technical nodal bodies :
Budget Sanctioning & RFP Generation:
Tendering – Limited Tender and Open Tender :
What are the most common bottlenecks that we find in closing the deal and how
and at what stages we can overcome the bottlenecks :
43. Our internal strengths with which we
compete with our customers
Innovation :
R & D and Technology :
Value Proposition :
Post Sales Service :
QOS – Quality of Service :
Cost of Ownership :
Cross Sales & Up Sales :
How can we enhance our strengths to compete with our customers :
45. Internal Customers – who are the
backbone of our sales process
Our R & D :
Our Materials Management Department :
Our Production & Factory Management :
Our Supply Chain & Outbound Logistics :
Our Finance & Accounts Department :
Our Corporate Marketing :
Any Other Internal Departments :
How to align our internal customers to benefit the external customers :
Managing & Marketing to Our Internal Customers
54. How to direct the flow of informationAsk questions so that the customer
can steer you through its purchasing
process
Coach the customers about how to
buy and support its throughout
process
How to begin the conversationAsk questions about the customers
need and look for a “hook” for your
solution
Offer proactive insights about what the
customers should do
When to Engage
What sort of initial information to gather
What Kind of Company To Target
Organizations that have clear vision
and established demands
Agile organizations that have
emerging demands or are in state of
flux
What need is customer to address
What unrecognized need does the
customer have ?
After the customer have identified a
problem the supplier can solve
Before the customer has pinpointed a
problem
Solution Selling Insight Selling
58. Go-Getters
Motivated by organizational improvement and constantly
looking for good ideas
Go-Getters champion action around great insights wherever
they find them
59. Teachers
Passionate about sharing insights, Teachers are sought out
by colleagues for their inputs
They are specially good at persuading others to take a
specific coarse of action
60. Skeptics
Way of large, complicated projects, Skeptics push back on
almost everything
Even when championing a new idea, they counsel careful,
measured implementation
61. The Mobilzers who can help me closing
my deals
Gogetters, Skeptics and Teachers
62. Guides
Willing to share the organizations latest gossip, Guides
furnish information that’s typically unavailable to the outsiders
63. Friends
Just as nice as the name suggests, Friends are readily
accessible, and will happily help reps network with other
stakeholders in the organization
64. Climbers
Focused primarily on personal gain, Climbers back projects
that will raise their own profiles, and they expect to
rewarded when those project succeed.
65. Blockers – The Time Waster and
we should avoid
Perhaps better described as “anti-stake holders”’ Blockers
are strongly oriented towards the status quo.
They have little interest in outside vendors.
70. Needs Assessment
All questions are submitted to prospect and sufficient
answers were obtained to understand the prospect’s
needs in order to move to next step.
72. Presentation
The product was presented to the prospect in general
terms (not yet with the prospect’s own data or jobs)
73. Solution Proposal And
Technical Check
A technical solution was internally suggested. That
solution will be the one demonstrated and then put
in the quotation.
74. Production Demo
A demo with a job submitted by the prospect was
performed and completed.
75. Quotation Submission
First quotation was sent to customer. We refer here to quotation that is the
basis for the negotiation process and not to the pro- forma quotations. That
are sometimes sent to customers for their own process (budgeting process,
purchase requisition process, etc.)
78. How do we pitch our products &
solutions to our new customers as
well as existing customer?
Scope of up sales to our existing clients/customers :
Scope of cross sales to our existing customers :
BANT Analysis for our customers :
USP to our new customers :
Any other out of the box techniques :
82. Why Customers
They Give The Top Line .
They Give The Bottom Line.
They Help Us To Create And Co Create.
They are the back bone of our business.
They are our eyes and ears for our
present market and future markets.
83. Customers Helps Us
To Cross Sale.
To Up Sale.
Silent Advertisements Through WOM.
Perception Builders To Outsiders.
In Spreading And Receiving The Messages.
Increase Our Market Share.
Increase Our Profits.
To Happy All Our Stake Holders.
92. What are the strengths of our
competitors? (Any Two nearest
competitors)
Innovation :
Technology and R & D :
Design and Innovation :
Battery Life:
Their Value Proposition to the market/customers :
Value for Money to the customers :
Distribution Network and Post Sales Service :
Your analysis or any other points about competitors to take note of :
What Measures can be taken to outsmart our competitors :
98. 4 E’s Basic attributes of a Sales
Professional
Physical Energy with Mental energy
Energizer for his collegues,
prospects and customers
Enthusiasm which is an intergral part
of a sales professional to solve the
problem of the customers
Edge is basically the skill sets and
knowledge base required for closing
the specific job.
99. Mental Software of a Sales
Person (DSR)
D - Discipline in the Sales Process
S - sincerity in the Sales Process
R – Responsibility of a Sales Process