Professional Salesmanship 2021
Professional Salesmanship 2021
Professional Salesmanship 2021
What is Salesmanship?
- The skills and methods used in selling or promoting commercial products.
- defined as the level of skill you have in convincing people to buy or in persuading people to do
something.
Learning Objectives
Define and explain the term selling.
Explain why everyone sells, even you.
Explain the relationship between the definition of personal selling and the Golden Rule of Personal
Selling.
Discuss the reasons people might choose a sales jobs.
Define the characteristics that salespeople believe are needed for success in building relationships
with customers.
List and explain the 10 steps in the sales process.
What is selling?
-Refers to the sales philosophy of unselfishly treating others as you would like to be treated.
-Reciprocity is not expected
-The Golden Rule is all about trying to keep somebody else warm even if it means that we get cold
in the process.
What Salespeopleare Paid to Do?
o Sales people are paid to sell
–that is their job
o Performance goals are set for:
o Themselves
–In order to serve others and earn a living and keep their job
o Their employers
–So the companies will survive
o Their customers
o –To fulfil needs and help organizations grow
Service to others
Variety of sales jobs
Freedom
Challenge
Advancement
Rewards
How about you?
- Retail Selling
-A retail salesperson sells goods or services to consumers for their personal, non-business use
- Direct Selling
-Face to face sales to consumers, typically in their homes, who use theproducts for their
non-business personal use
- Selling for a Wholesaler
-For resale
-For use in producing other goods
-For use within an organization
- Selling for a Manufacturer
-Working for the firm who manufactures the product
-Usually one of the most prestigious jobs to hold
Success in Selling
1. Prospecting
. -Locating and qualifying prospects.
2. Pre-approach
.-Obtaining interview.
Planning: determining sales call objective, developing customer profile, customer benefit
program, and sales presentation strategies.
3. Approach
. Meeting prospect and beginning customized sales presentation.
4. Presentation
. Further uncovering needs; relating product benefits to needs using demonstration,
dramatization, visuals, and proof statements.
5. Trial close
. -Asking prospects opinions during and after presentation.
6. Objections
.- Uncovering objections.
7. Meet objections
. -Satisfactorily answering objections.
8. Trial close
. -Asking prospect’s opinion after overcoming each objection and immediately before the close.
9. Close
. -Bringing prospect to the logical conclusion to buy.
10. Follow-up and service
. -Serving customer after the sale.
PROFESSIONAL SALESMANSHIP
Relationship Marketing
What is Marketing?
Marketing is an organizational function and set of processes for creating, communicating, and
delivering value to customers and for managing customer relationship in ways that benefit the
organization and its stakeholders.
Marketing involves a diverse set of activities directed at a wide range of goods, services, and ideas.
These activities involve the development, pricing, promotion, and distribution of want-satisfying goods
and services to consumers and industrial users.
Companies still produced goods with little regard for the consumers’ needs. However, they recognized
that personal selling and advertising were important selling methods.
2. Company first make the product and then 2. Company first determines customer’s
Figures out how to sell it. wants and Then figures out how to make
and deliver a product to satisfy those
3. Management is sales-volume oriented. wants.
Marketing considerations should be the most critical factor guiding all short-range and long-range
planning in any organization.
It is the marketing manager’s responsibility to determine how to use each element in the firm’s
marketing efforts.
The 4 Ps of Marketing
The four Ps of marketing (product, price, place, and promotion) aid salesperson’s to selling efforts.
The salesperson’s organization provides the product to sell, at a price and place to be delivered or for
pickup.
The salesperson personally contacts the buyer to analyse needs, present product benefits, and gain
commitment or close the sale, and to provide service to ensure customer satisfaction.
Together marketing and personal selling provide the needed service for customers to build long-term
relationships.
PRODUCT:
It is more than you think!
A good is a physical object that can be purchase like a house or a car.
A service is an action or activity done for others for a fee like lawyers or teachers.
The term product refers to both goods and services. A product is a bundle of tangible and intangible
attributes, including packaging, color, and brand, plus the services and even the reputation of the
seller.
People buy more than a set of physical attributes, they buy-satisfaction, such as what the product will
do, its quality, and the image of owing the product.
Consumer Products are produced for, and purchased by, households or end consumers
for their personal use.
Industrial Products are sold primarily for, use in producing other products.
PRICE:
It is important to success!
The corporate marketing department also determines each product’s initial price.
This process involves establishing each product’s normal price and possible special discount prices.
Since product price often is critical to customers, it is an important part of marketing mix.
Price refers to the value or worth of a product that attracts the buyer to exchange money or something
of value for the product.
Place (Distribution):
It has to be available!
The marketing manager also determines the best method of distributing the product.
Distribution refers to the channel structure used to transfer products from an organization to its
customers.
It is important to have the channel structure used to transfer products from an organization to its
customers.
It is important to have the product available to customers in a convenient and accessible location
when they want it.
Customers can be individuals or organizations, customers fall into one of three groups (1)
household, firms, and governments.
A firm is an organization that produces goods and services, all producers called firms.
A government is an organization that has two functions: the provision of goods and services
to households and the redistribution of income and wealth.
Promotion:
You have to tell people about it
Promotion, as a part of the marketing mix, increase company sales by communicating product
information to potential customers.
The four basic parts of a firm’s promotional effort are
1. Personal Selling
2. Advertising
3. Publicly
4. Sales Promotion.
PROMOTIONAL ACTIVITIES:
Sales Promotion: Involve activities or materials used to create sales for goods or services.
Two types of sales promotion are consumer and trade sales promotion.
Consumer sales promotion includes free samples, coupons, contests, and demonstrations to
customers.
Trade sales promotion encourages wholesalers and retailers to purchase and to sell aggressively
using devices such sales contests, displays, special purchase prices, and free merchandise.
Relationship Marketing
- Is the creations of customer loyalty. Organizations use combinations of product, price, distribution,
promotions, and service to achieve this goal.
PROFESSIONAL SALESMANSHIP
Module 3: Building Trust and Sales Ethics
Learning Objectives:
After completing this module, you should be able to explain and understand:
- What trust is.
- Why trust is important.
- How to earn trust.
- Knowledge bases help build trust and relationship.
- Sales ethics.
Trust is earned when an industrial buyer believes and can rely on a salesperson’s
claim or promises when buyer is dependent on salesperson’s honesty and reliability.
One of the keys to a long-term relationship with any client is to create a basis of trust
between the sales representative and the client.
Trust is an integral part of the relationship between customers and suppliers.
Learning Objectives:
After completing this module, you should be able to explain and understand:
Types of Buyers
1. Consumer Market – A market in which consumers purchase goods and services for their use
or consumption.
2. Business Market – A market composed of firm, institution and governments who acquires
goods and services to use inputs into their own manufacturing process, for use in their day- to-
day operations or for resale to their own customers.
- Concentrated Demand
- Derived Demand
- Higher Level of Demand Fluctuation
- Purchasing Professionals
- Multiple Buying Influence
- Collaborative Buyer-Seller Relationship
The Buying Process
o Situational Needs – the needs that are contingent on, and often a result of, conditions related
to the specific environment, time and place.
o Functional Needs – the need for a specific core task or function to be performed.
o Social Needs – the need for acceptance from and association with others.
o Psychological Needs – the desire for feeling or assurance and risk reduction, as well as
positive emotions and feeling such as success, joy, excitement and stimulation.
o Knowledge Needs – the desire for personal development, information, and knowledge to
increase thought and understanding as to how and why things happen.
Phase Two: Determination of the Characteristics of the item and the Quality Needed
Coincident to recognizing a need or problem is the motivation and drive to resolve it by
undertaking a search for additional information leading to possible solutions.
Phase Three: Description of the Characteristics of the item and the Quality Needed
Using the desired characteristics and quantities developed in the previous phase as a
starting point, buyers translate that general information into detailed specifications
describing exactly what is expected and required.
Learning Objectives:
After completing this module, you should be able to explain and understand:
Prospecting is extremely important to most salespeople. Salespeople who do not regularly prospect
are operating under the assumptions that the current business with existing customers will be sufficient to
generate the desired level of future revenue.
Strategic Prospecting - is a process designed to identify, qualify and prioritize sales opportunities,
whether they represent potential new customer or potential new customers or opportunities to generate
additional business from existing customers.
Prospecting Method
Cold Canvassing
- Cold Calling
- Referrals
- Introduction
Networking
- Center of Influence
- Noncompeting Salespeople
- Social Media
-
Company Sources
- Company Records
- Advertising Inquiries
- Telephone Inquiries
- Trade Shows
- Seminars
Commercial Sources
- Directories
- Lead Management Sources
Developing A Strategic Prospecting Plan
Learning Objectives:
After completing this module, you should be able to explain and understand:
Preparing and completing this phase of the sales process successfully has been compared to doing
surgery in that it is complex and requires preparation, knowledge, and skill.
In a productive sales dialogue, the salesperson continually assesses and evaluates the reactions and
responses of prospective buyers.
.
Check-backs or response checks
Questions salespeople use throughout a sales dialogue to generate feedback from the buyer.
Most products have many features and benefits, but the buyer generally is not interested in all of a
product’s benefits and features. Confirmed benefits are those benefits the buyer has indicated are of
interest.
Once confirmed benefits have been identified, the salesperson needs to present key selling
points in a manner that is interesting and understandable to the buyer.
Using Verbal Support elements, it can produce interesting and understandable dialogue.
Verbal elements include voice characteristics, examples and anecdotes, and comparisons and analogies.
Voice Characteristics – the pitch and speed of speech, which salespeople should vary to
emphasize key points.
Examples and Anecdotes – An example is a brief description of a specific instance used
to illustrate features and benefits. An anecdote is a type of example presented in a form of a
story describing a specific incident or occurrence.
Comparisons and Analogies – Comparison is a statement that points out and illustrates
the similarities between two points. Analogy is a special and useful form of comparison that
explains one thing in terms of another.
PROFESSIONAL SALESMANSHIP
Module 7: Sales Dialogue: Creating and Communicating the Value
Learning Objectives:
After completing this module, you should be able to explain and understand:
Simply informing the prospect about the benefits and their value to the buyer is seldom sufficient to
generate the level of interest and desire required to result in a purchase decision. To maximize the
effectiveness of the sales dialogue, salespeople utilize various sales aids to engage and involve the buyer
throughout the sales interaction.
Visual materials
Electronic materials
Product demonstration
Supporting Product Claims
Claims of benefits and value produced and provided to the buyer need to be backed up with evidence
to high light their believability.
Statistic
Testimonials
Case Histories
Arrival Tactics – try to arrive at the location for the meeting before the buying group
arrives.
Eye Contact – for both small and large groups, establish periodic eye contact with
individuals is important.
Communication Tips – it is essential to make all members of the group feel that their
opinions are valuable.
Handling Questions in Group Dialogue – questions from the buyers in group are an
important part of the buyer-seller interaction and very much needed to entertain and
accommodate.
PROFESSIONAL SALESMANSHIP
Finals Module: Addressing Concerns and Earning Commitment & Adding Value:
Self Leadership and Teamwork
Learning Objectives:
After completing this module, you should be able to explain and understand:
- Explain why it is important to anticipate and overcome buyer concerns and resistance.
- Understand why prospects raise objections
- Describe the five major types of sales resistance
- Describe the recommended approaches for responding to buyer objections
- The five sequential stages of self-leadership
- Increasing customer value through teamwork
Addressing Concerns
An objection or sales resistance is anything the buyer say or does that slows down or stops the
buying process. The salesperson’s job is to uncover these objections and answer them to the prospect’s or
client’s satisfaction.
Why Prospects Raise Objections and Strategies for Dealing with Them
Types of Objection
- No Need
- Product or Service Objection
- Company Objection
- Price is too high
- Time/ Delaying