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Business-to-Business

PROFESSIONAL SELLING
Personal Selling
 Important part of marketing
   Creates, communicates, and delivers value
   to customers and manages customer
   relationships in a way that benefits the
   organization and its stakeholders
 Sales used to be – persuasive sales
  „pitch‟
 Sales today is –
  consultative, collaborative dialogue
  with focus on customer‟s needs
Sales Professionalism

  Customer-oriented approach
  Uses truthful, non manipulative
   tactics to satisfy long-term needs of
   customer and selling firm
  Sales person- no longer presenter of
   info but must respond to customer
   needs before during and after the
   sale
Professional Selling Careers
Focus on offering
 Services
 Equipment
 Machines
 Supplies
 Parts & finished goods


For use in business operations or
  for the manufacture of other
  products
Sales Occupations
Require in depth         Examples:
  knowledge of:
                          Account Exec
 Target customer
  needs                   Broker
 Business competitors    Industrial Sales
  and products             Manager
 Pre-sales activities    Marketing sales
                           consultant
 Sales processes and
  techniques              Sales agent
 Servicing after the     Sales representative
  sale                    VP of Sales
                          District, Regional,
                           National Sales Manger
Pre Approach

Product Info               Customer Info
 Preparation- develop      Conduct pre-visit
                             research
  expertise in the            customer‟s
  product or service           markets/products
  being sold                  customer‟s competitors
                              competitor‟s offerings)
   Formal training
                            Determine sales
   Direct experience        strategies
   Written publications    Book appointments with
                             prospective clients
                            Prepare sales
                             presentation
Know Your Competition!!!

 Who are the major competitors?
 What are their strengths &
  weaknesses?
 How do competitive products
  compare to yours?
Profile of Customer/Buyer

  Name(s) of person you‟re calling on
  What is their position in the firm?
  Company name
  Type of business
  Where are they located?
  How is your product relevant to them?
  What brands/suppliers are currently
  being used?
Determine Needs / Wants

What types of customer problems
 might be discovered in working with
 prospect?

What advance info/intelligence do you
 have?
APPROACH:
ADAPT Questioning Technique

Assessment -Assess the situation
Discover y -Discover needs, problems, priorities
Activation -Activate buyer‟s interest in solving
             problem or realizing an opportunity
Projection Questions -Project how value can be
             derived from a purchase
Transition - Transition into the full sales
             presentation
Feature – Benefit Selling

Feature             Benefit
Ex. Running Shoes    Increased stride
 Lightweight→       Reduced race time
                     Lowers fatigue

                     Faster –no wasted
 Cinch Lacing
                      time (good for Tri‟s)
                     Holds longer than
                      normal laces
                     Improves runners
                      time
Feature – Benefit Selling

Proof Providers      Visual Aids
 Statistics          PowerPoint & images
 Consumer Reports    Graphs
 Testimonials        Illustrations
 Case Histories      Models
                      Printed materials
                      Videos
Handing Customer Objections

 Customers often display sales
  resistance
 This is not a “NO” it is the 1st step in
  the negotiation process
Types of Objections

  Real Objections              Excuses
 Concerns/hesitations          To delay purchase
 Based on merchandise          Seldom related to
 “It seems hard to              product/service
  repair”                       “We can‟t afford it”
 “I can‟t operate that it‟s    “We won‟t be making
  too complicated”               a decision today-
 “Are there other               we‟re just shopping
  styles?”                       around”
Buying Decision Objections

5 Categories    Salesperson should
 Product       Know merchandise and sell the
                 benefits

 Place         Highlight seller‟s
                 company/brand reputation
 Price
                Show the price is right for
                 product & worth it
 Time          Reassure NOW is time to buy


 Quantity      Point out benefits of quantity
                 needed so there are necessarily
                 supplied
To answer objections…

1. Listen to the customer‟s objection
2. Pause before answering
3. Show empathy for your customer
4. Restate the objection
5. Answer the objection
Special Techniques
 Yes, But Method
  Acknowledge objection then give answer
   to objection
  “Yes the price does seem high, but…”
 Direct-Denial Method
  (worst method)
  “You don‟t seem to understand what I‟m
   talking about”
Special Techniques cont‟d…
 Superior Point Method
  Admit that customer has made a good
   point; then offer a superior reason to buy
 Boomerang Method
  Turn objection into selling point
  Customer ”I don‟t like the seats in the
   truck”
  Salesperson “They are a unique design, but
   because of the contour and adjustment
   feature you get the more options than any
   other truck on the market.”
Special Techniques cont‟d
 Question Method
  Ask more questions that may isolate the
   objection
  “So you are telling me that if we could
   meet your needs with price, we would
   have your commitment?”
 Demonstration Method
  Show that the objection is wrong
   without having to say it
  (most effective) – have customer try it
Special Techniques cont‟d…
 3rd Party Method
  Testimonial – written or verbal example
   of someone who has used
   product/service and found it satisfactory
   to exceptional
Follow-up / Enhancing
Customer Relationships
 Provide useful info
 Expedite orders (faster)
 Monitor delivery
 Monitory installation
 Train customer‟s employees
 Correct billing errors
 Remember customer
  (call, email, visit)
 Resolve complaints / problems

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Professional selling

  • 2. Personal Selling  Important part of marketing  Creates, communicates, and delivers value to customers and manages customer relationships in a way that benefits the organization and its stakeholders  Sales used to be – persuasive sales „pitch‟  Sales today is – consultative, collaborative dialogue with focus on customer‟s needs
  • 3. Sales Professionalism  Customer-oriented approach  Uses truthful, non manipulative tactics to satisfy long-term needs of customer and selling firm  Sales person- no longer presenter of info but must respond to customer needs before during and after the sale
  • 4. Professional Selling Careers Focus on offering  Services  Equipment  Machines  Supplies  Parts & finished goods For use in business operations or for the manufacture of other products
  • 5. Sales Occupations Require in depth Examples: knowledge of:  Account Exec  Target customer needs  Broker  Business competitors  Industrial Sales and products Manager  Pre-sales activities  Marketing sales consultant  Sales processes and techniques  Sales agent  Servicing after the  Sales representative sale  VP of Sales  District, Regional, National Sales Manger
  • 6. Pre Approach Product Info Customer Info  Preparation- develop  Conduct pre-visit research expertise in the  customer‟s product or service markets/products being sold  customer‟s competitors  competitor‟s offerings)  Formal training  Determine sales  Direct experience strategies  Written publications  Book appointments with prospective clients  Prepare sales presentation
  • 7. Know Your Competition!!!  Who are the major competitors?  What are their strengths & weaknesses?  How do competitive products compare to yours?
  • 8. Profile of Customer/Buyer  Name(s) of person you‟re calling on  What is their position in the firm?  Company name  Type of business  Where are they located?  How is your product relevant to them?  What brands/suppliers are currently being used?
  • 9. Determine Needs / Wants What types of customer problems might be discovered in working with prospect? What advance info/intelligence do you have?
  • 10. APPROACH: ADAPT Questioning Technique Assessment -Assess the situation Discover y -Discover needs, problems, priorities Activation -Activate buyer‟s interest in solving problem or realizing an opportunity Projection Questions -Project how value can be derived from a purchase Transition - Transition into the full sales presentation
  • 11. Feature – Benefit Selling Feature Benefit Ex. Running Shoes  Increased stride  Lightweight→  Reduced race time  Lowers fatigue  Faster –no wasted  Cinch Lacing time (good for Tri‟s)  Holds longer than normal laces  Improves runners time
  • 12. Feature – Benefit Selling Proof Providers Visual Aids  Statistics  PowerPoint & images  Consumer Reports  Graphs  Testimonials  Illustrations  Case Histories  Models  Printed materials  Videos
  • 13. Handing Customer Objections  Customers often display sales resistance  This is not a “NO” it is the 1st step in the negotiation process
  • 14. Types of Objections Real Objections Excuses  Concerns/hesitations  To delay purchase  Based on merchandise  Seldom related to  “It seems hard to product/service repair”  “We can‟t afford it”  “I can‟t operate that it‟s  “We won‟t be making too complicated” a decision today-  “Are there other we‟re just shopping styles?” around”
  • 15. Buying Decision Objections 5 Categories Salesperson should  Product  Know merchandise and sell the benefits  Place  Highlight seller‟s company/brand reputation  Price  Show the price is right for product & worth it  Time  Reassure NOW is time to buy  Quantity  Point out benefits of quantity needed so there are necessarily supplied
  • 16. To answer objections… 1. Listen to the customer‟s objection 2. Pause before answering 3. Show empathy for your customer 4. Restate the objection 5. Answer the objection
  • 17. Special Techniques  Yes, But Method  Acknowledge objection then give answer to objection  “Yes the price does seem high, but…”  Direct-Denial Method  (worst method)  “You don‟t seem to understand what I‟m talking about”
  • 18. Special Techniques cont‟d…  Superior Point Method  Admit that customer has made a good point; then offer a superior reason to buy  Boomerang Method  Turn objection into selling point  Customer ”I don‟t like the seats in the truck”  Salesperson “They are a unique design, but because of the contour and adjustment feature you get the more options than any other truck on the market.”
  • 19. Special Techniques cont‟d  Question Method  Ask more questions that may isolate the objection  “So you are telling me that if we could meet your needs with price, we would have your commitment?”  Demonstration Method  Show that the objection is wrong without having to say it  (most effective) – have customer try it
  • 20. Special Techniques cont‟d…  3rd Party Method  Testimonial – written or verbal example of someone who has used product/service and found it satisfactory to exceptional
  • 21. Follow-up / Enhancing Customer Relationships  Provide useful info  Expedite orders (faster)  Monitor delivery  Monitory installation  Train customer‟s employees  Correct billing errors  Remember customer (call, email, visit)  Resolve complaints / problems

Editor's Notes

  1. Pause to show the customer you are giving it some thought when you handle and objection! Customers feel their objections are important- no matter how large or small they seem to you. Always acknowledge an objection