Professional Documents
Culture Documents
Presented By :-
Gaurav Upadhyay
&
Abhishek jain
What is Selling ?
Selling is offering to exchange something of value for something else. The something of value
being offered may be tangible or intangible. The exchange, or selling, process has implied
rules and identifiable stages. It is implied that the selling process will proceed fairly and
ethically so that the parties end up nearly equally rewarded
Selling is trying to make sales by persuading someone to buy one's product or service. From a
management viewpoint it is thought of as a part of marketing, although the skills required are
different. ...
What is Personal Selling ?
Personal selling is oral communication with potential buyers of a product with the intention
of making a sale. The personal selling may focus initially on developing a relationship
with the potential buyer, but will always ultimately end with an attempt to “close the
sale”
Personal selling is one of the oldest forms of promotion. It involves the use of a sales force to
support a push strategy (encouraging intermediaries to buy the product) or a pull strategy
(where the role of the sales force may be limited to supporting retailers and providing after-
sales service).
Examples Of Personal Selling
Retail selling
Field selling
Telemarketing
Inside selling
Introduction
9. Through personal selling the time lag between introducing a product through the media and
actually selling it is reduced.
10. It provides prospective customers with a better understanding of the product and an
interactive opportunity to liaise with the sales personnel.
Objectives of Personal Selling
Short-term
Short-term personal selling objectives are more specific and of short-term duration. These
objectives change very frequently as soon as there is change in production mix. Further, they
are usually quantitative objectives.
Long-term
Long-term personal selling objectives are broad and general. There is very little scope of
change in long-term objectives. They are usually quantitative objectives
Changing Face Of Personal Selling
1. Value Sharing: Salespeople study the changing needs and preferences of their customers.
2. Relation Building: A value-based relationship helps the salespeople to constantly mobilise
resources and modify the end product by catering to the specifics of the buyer.
3. Role Playing: The salespeople, in personal selling, go far beyond realising sales. Sales
people act as consultants to their prospective customers constantly advising them of new
products, their updates and impart knowledge to them.
4. Changing Approach: Personal Selling comes in a package containing the inputs of the
experts from different areas such as maintenance, installation ,trouble shooting ,delivery
staff ,personnel ,etc
Steps In Personal Selling
Successful personal selling calls for an integrated approach devised from the experience of the
sales personnel. The approach comprises the steps as shown in the figure here. Each of these
steps are further described in brief.
Prospecting Time
Sales force must plan its time in such a manner that maximum time is made
available for those prospects who are likely to give a large volume of business to the
company.
To avoid this wastage of time, grading of the prospects will be an important step.
Approaching
1. In this stage the prospect and the salesman come in contact with each other face to face.
2. The salesman has an opportunity to understand and interact with the prospect in a better way.
3. Salesman should put forward his best efforts to make the best use of this opportunity in getting
the attention of the prospect and to convince him to buy the product.
4. Getting the attention of the prospect and persuading him to buy are the two main objectives of
a salesman
Successful Approach
i. A successful approach enhances the sale and it is thus important for the running of a
business.
ii. A failed approach will give an opportunity to the rival company. So a good approach will
go a long way in building good relations with the prospect while a bad approach will
not only result in losing business but will also make it easy for a competitor to tap
new customers.
iii. The approach helps in enlightening the prospect by providing him ample information
about the product, price, competitor’s product, benefits etc. that he can derive from
the product.
Presentation
3. Should explain the product with its features and price advantage to the customer in simple and
easy terms.
5. Helps the salesman to prove the features of the product and emphasise its genuineness.
Demonstration
2. It highlights various attributes of the product such as utility, performance, service and quality.
3. It is only during the demonstration that the customer gets an opportunity to verify the facts
about the product.
1. The main aim of the close is to convince the prospect to sign the order form or to
place an order immediately rather than in the future.
5. A never ending desire to learn more about how to sell more effectively.
Myths about selling
There are various myths about selling process which needs to be cleared for a sales
person.
4. A technique that works well for one person will work for everyone
“SELL” Model
This is a simple model describing the various actions associated with the word itself.
1.Show features: it is the very first stage; expected to show the features of the product,
demonstrating how it works, and showing the results of using the product immediately.
2. Explain advantage: Immediately, after demonstrating the product, explain the advantage
possibly related with the features, showing the advantages which ate derived from it.
3.Lead into benefits: Correlate the advantages with the benefits.This is simply highlighting the
materialization of those benefits in conducting the set of activities due to having/using the
product.
4. Let them talk: Then at the end, let them talk further about the product, its features and
those future benefits. If the previous steps are done well, they will talk themselves for the sale.
“SLAID” Model
This is another simple model describing the various actions associated with the word
itself, “Slaid” acronym for sales steps.
1. Show the product: Showing the product in full or showing specific function is also
possible in the beginning, just to trigger the anxiety or curiosity in their mind. It is not a full
product demonstration. Demonstration comes a bit latter state in this methods.
3. Acknowledge: Your hearing will endorse that you have understood and are ready to fulfill
their needs. You may be given elaborative further deep information about their objection.
4. Identify: Identify the objections, and bring them on a squaring off situation with contents
offered by your product. If possible, set up a concession clause, balancing the benefits of new
product over the old objections, so that you can handle the objection and will get the sale.
5. Deliver: Ask the participants to repeat the demonstration to build the confidence about the
product performance.
Theories of selling
The pre-purchase phase is characterised by the phase where the organisation is trying to
convince the targeted customers of the benefits of the product/brand. The purchase phase is
the time/duration when the customer is making up his mind to actually buy the product.
The post-purchase phase is one when the customer has bought the product and is evaluating
the decision.
Theories of Personal Selling
There are three main theories of personal selling, which are as follows:
1. AIDAS Theory