Understanding Sales Methods and Strategies Georgia CTAE Resource Network Written by Krystin Glover...

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Understanding Sales Methods and Strategies Georgia CTAE Resource Network Written by Krystin Glover and Caleb Allred

Transcript of Understanding Sales Methods and Strategies Georgia CTAE Resource Network Written by Krystin Glover...

Page 1: Understanding Sales Methods and Strategies Georgia CTAE Resource Network Written by Krystin Glover and Caleb Allred.

Understanding Sales Methods and Strategies

Georgia CTAE Resource NetworkWritten by Krystin Glover and Caleb Allred

Page 2: Understanding Sales Methods and Strategies Georgia CTAE Resource Network Written by Krystin Glover and Caleb Allred.

Sales The process of determining customer needs

and wants through planned personalized communication intended to influence purchase decisions and ensure satisfaction.

Page 3: Understanding Sales Methods and Strategies Georgia CTAE Resource Network Written by Krystin Glover and Caleb Allred.

Examples of Sales Activities in Sports and Entertainment

Selling group tickets to a play Negotiating an event contract with a

facility or venue Soliciting donations from alumni to

fund scholarship opportunities Selling and event sponsorship

package

Page 4: Understanding Sales Methods and Strategies Georgia CTAE Resource Network Written by Krystin Glover and Caleb Allred.

Sales Methods

Feature-benefit selling Full menu marketing E-Commerce Direct Mail

Page 5: Understanding Sales Methods and Strategies Georgia CTAE Resource Network Written by Krystin Glover and Caleb Allred.

Feature-Benefit Selling Product features are the basic,

physical, and extended characteristics of an item Sports teams selling club seating

Customer benefits are the advantages or personal satisfaction he/she will get from a good or service Comfort, convenience, and space are

benefits of club seating

Page 6: Understanding Sales Methods and Strategies Georgia CTAE Resource Network Written by Krystin Glover and Caleb Allred.

Feature-Benefit Selling continued…

Selling process involves matching specific product attributes to a customer’s needs and wants Companies may purchase club seats to

entertain clients

Page 7: Understanding Sales Methods and Strategies Georgia CTAE Resource Network Written by Krystin Glover and Caleb Allred.

Full Menu Marketing

The selling of a variety of products or services that meet virtually any customer needs and/or wants Sales professional for a minor league

sports team meets with a company to offer sponsorship with benefits Season tickets, group tickets, VIP tickets,

free parking, etc.

Page 8: Understanding Sales Methods and Strategies Georgia CTAE Resource Network Written by Krystin Glover and Caleb Allred.

E-Commerce

The buying and selling of goods and services on the internet Disney fans may go online and purchase

DVDs, toys, trinkets, etc.

Page 9: Understanding Sales Methods and Strategies Georgia CTAE Resource Network Written by Krystin Glover and Caleb Allred.

Direct Mail Conducted exclusively by mail Usually sent to large numbers of

prospective customers soliciting orders In order to be effective, approach must be:

Targeted Personal Measurable Testable Flexible

Page 10: Understanding Sales Methods and Strategies Georgia CTAE Resource Network Written by Krystin Glover and Caleb Allred.

Direct Mail continued…

Examples of direct mail sales Ticket brochures Pocket schedules and team posters Solicitation (sales) letters Many others

Page 11: Understanding Sales Methods and Strategies Georgia CTAE Resource Network Written by Krystin Glover and Caleb Allred.

Under the guidance of sports marketing guru Jon Spoelestra, the New Jersey Nets basketball team sent rubber chickens wearing tank tops featuring a message to season ticket holders who had not renewed for the upcoming season. The tank top read “You’re about to fowl out! However, you can avoid the bench and keep on playing. Just read the attached.” Included in the package was a renewal letter. The result was a 93% renewal rate, up from an average of 80% in the years before.

Effectiveness demonstrated