Presentation1
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SALES MANAGEMENT
SESSION-1 BLOCK-I SALES MANAGEMENT FUNCTIONS
UNIT-1 INTRODUCTION TO SALES MANAGEMENTUNIT-2 PERSONAL SELLING
UNIT-3 SALES PROCESS
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UNIT-1 INTRODUCTION TO SALES MANAGEMENT
SALES MANAGEMENT:It has been defined as the management of a firm’s
personal selling function while distribution is the management of the indirect selling effort i.e.,selling through extra corporate organizations which form the distribution network of the firm. The sales management task thus includes analysis, planning, organizing, directing and controlling of the company’s sales effort.
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BLOCK-1 SALES MANAGEMENT:BASIC FUNCTIONS
UNIT-2 PERSONAL SELLING & UNIT-3 SALES PROCESS
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Examples of Personal Selling
Telemarketing
Inside selling
Retail selling
Field selling
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Advertising
Personalselling
Post-transaction:Reminder and
reassurance
Post-transaction:Reminder and
reassurance
AdvertisingPersonalselling
Transaction: Persuasion
Transaction: Persuasion
Pre-transaction: Create recognition and
info understanding
Pre-transaction: Create recognition and
info understanding
Advertising
Personalselling
Relative Importance of Advertising and Personal Selling
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Characteristics of Personal Selling
FlexibilityAdapt to situationsEngage in dialog
Builds RelationshipsLong termAssure buyers receive
appropriate servicesSolves customer’s
problems
Can not reach mass audience
Expensive per contactNumerous calls
needed to generate sale
Labor intensive
ConPro
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Types of Salespersons
ORDERGETTERS
Currentcustomers
Newcustomers
ORDERTAKERS
Inside Order Takers(via mail, telephone,
internet)
Outside Field Sales
SUPPORTPERSONNEL
MissionarySalespersons
TradeSalespersons
TechnicalSalespersons
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16-9
Personal Selling
– Agents– Sales consultants– Sales Representatives– Account
Executives– Sales Engineers– District Managers– Marketing representatives– Account Development
Representatives
• Salespeople have many names
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Personal Selling Tasks
Order getting• Seeking out
customers• Creative selling• Pioneering• Account
management
Order taking Routine
writing up orders checking invoices assuring prompt order
processing
Suggestive selling
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Personal Selling Tasks
• Missionary– Detailer– Goodwill– “Closers”
Cross-functionalAccount service rep
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You are part of the total product
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Diversity of Personal-selling SituationsGroup A (service Selling)
1. Inside Order Taker –”waits on” customers; for example,the sales clerk behind the neckwear counter in a men’s store.These jobs are known as technical support staff, sales assistants, telemarketers, and telesales professionals.2. Delivery Salesperson – mainly engages in delivering theproduct; for example, persons delivering milk, bread, orfuel oil.3. Route or Merchandising Salesperson – operates as an order taker but works in the field – the soap or spice salesperson calling on retailers is typical.4. Missionary – aims only to build goodwill or to educate the actual or potential user, and is not expected to take an order; for example, the distiller’s “missionary” and the pharmaceutical company’s “detail” person.
5. Technical Salesperson – emphasizes technical knowledge;for example the engineering salesperson, who is primarily aconsultant to “client” companies.
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Group B (developmental Selling)
6. Creative Salesperson of Tangibles – for example, salespersons selling vacuum cleaners, automobiles, and encyclopedia.
7. Creative Salesperson of Intangibles – for example. Salespersons selling insurance, advertising services, and educational programs.
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The Personal Selling ProcessPROSPECTING: IDENTIFYING POTENTIAL
CUSTOMERS
APPROACHING THE PROSPECT
FOLLOWING UP
CLOSING THE SALE
HANDLING OBJECTIONS
MAKING THE SALES PRESENTATION
Pre approach: QUALIFYING PROSPECTS
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Prospecting: Identifying likely new customers◦Leads◦Developing lists of Potential
Customers
Prospecting: Identifying likely new customers◦Leads◦Developing lists of Potential
Customers
Pre-approach (Qualifying)Finding and analyzing
information about prospectsEvaluating a prospect’s
potential
Creative Selling Process
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Approaching The Prospect
HOW DO WE MAKE THEINITIAL CONTACT & BUILD
RAPPORT
There is only one time to make a first impression
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Making The Sales Presentation
• Using Persuasive communication• Hold Attention• Stimulate Interest• Desire• “Tell the product’s story”
Creative Selling Process
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Handling Objections– Questions– Reservations
• Understand Concern• Counterarguments• Acknowledge concern• Clues to process
Creative Selling Process
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Overcoming Objections
IF HE HADN’T TOLDME WHAT HIS OBJECTION
WAS, I NEVER WOULDHAVE BEEN
ABLE TO HELP!
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Closing the Sale
• Closing signals• Trial close• Asking the
prospect to buy
Creative Selling Process
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Following Up• Commitments met– Shipment– Performance
• Reinforce L-R relationship• Satisfied customers rebuy
& recommend
Creative Selling Process
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