This document provides an overview of a sales management course, including three units on sales management functions, personal selling, and the sales process. It discusses the definition and tasks of sales management. Personal selling involves direct interaction with customers and prospects to make sales. There are different types of personal selling roles. The sales process involves identifying prospects, qualifying them, making initial contact and building rapport, presenting the sales pitch, handling objections, and closing the sale. Following up ensures commitments are met to maintain customer relationships.
3. 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.
UNIT-1 INTRODUCTION TO
SALES MANAGEMENT
5. Examples of Personal Selling
Retail selling
Field selling
Telemarketing
Inside selling
6. Relative Importance of
Advertising and Personal Selling
Pre-transaction:
Post-transaction:
Reminder and
reassurance
Create recognition and
info understanding
Personal
selling
Advertising
Transaction:
Persuasion
Personal
selling
Advertising
Personal
selling
Advertising
7. Characteristics of Personal Selling
Pro
Flexibility
Adapt to situations
Engage in dialog
Builds Relationships
Long term
Assure buyers receive
appropriate services
Solves customer’s
problems
Con
Can not reach mass
audience
Expensive per contact
Numerous calls
needed to generate
sale
Labor intensive
13. Diversity of Personal-selling Situations
Group 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 the
product; for example, persons delivering milk, bread, or
fuel 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 a
consultant to “client” companies.
14. 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.
15. FOLLOWING UP
CLOSING THE SALE
HANDLING OBJECTIONS
MAKING THE SALES PRESENTATION
APPROACHING THE PROSPECT
Pre approach: QUALIFYING PROSPECTS
PROSPECTING: IDENTIFYING POTENTIAL CUSTOMERS
The Personal Selling Process
16. Creative Selling Process
Prospecting: Identifying
likely new customers
◦ Leads
◦ Developing lists of Potential
Customers
Pre-approach (Qualifying)
Finding and analyzing
information about prospects
Evaluating a prospect’s
potential
17. Approaching The Prospect
HOW DO WE MAKE THE
INITIAL CONTACT & BUILD
RAPPORT
There is only one time
to make a first
impression
18. Creative Selling Process
Making The Sales Presentation
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•
•
•
•
Using Persuasive communication
Hold Attention
Stimulate Interest
Desire
“Tell the product’s story”
19. Creative Selling Process
Handling Objections
– Questions
– Reservations
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Understand Concern
Counterarguments
Acknowledge concern
Clues to process