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Personal Selling

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... efforts, such as giving away Teenie Beanie Babies, play a major role in ... A two-way flow of communication between the buyer and the seller ... – PowerPoint PPT presentation

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Title: Personal Selling


1
Chapter 20
  • Personal Selling Sales Management

2
At McDonalds, sales promotion efforts, such as
giving away Teenie Beanie Babies, play a major
role in developing long term customer
relationships. It also helps sell 240 million
happy meals with these little critters.
3
Personal Selling
  • A two-way flow of communication between the buyer
    and the seller
  • It is a paid effort to inform and persuade a
    purchase decision
  • It requires people and the management of those
    people

4
Personal Selling Roles
  • Links the company to the customer
  • Creates an image in the eyes of the customer
  • Can be a dominant role in a push strategy and is
    costly

5
Elements of Personal Selling
  • Prospecting
  • Pre-approach
  • Approach
  • Make the presentation
  • Overcome objections
  • Close the sale
  • Follow-up

6
Types of Sales People
  • Order getters
  • Order takers
  • Sales support personnel
  • Missionary
  • Engineer technical
  • Team selling
  • Conference or seminar trade sellers

7
Sales Management Process
  • Formulate a sales plan
  • Set objectives organize
  • Implement the plan
  • Recruit, train, motivate, compensate
  • Evaluate the results and control the sales force
  • Measure performance

8
Formulate a sales plan
  • Objectives
  • Input, output, or behavior related
  • Organizing
  • Type of sales force
  • How organized?
  • How many?
  • Account management policy
  • Account management
  • workload

9
Implement the plan
  • Recruit select
  • Job analysis job description
  • Emotional intelligence
  • Train
  • Must be an on-going process
  • Motivate compensate
  • Straight salary
  • Straight commission
  • Combination of the two

10
Evaluate control
  • Quantitative
  • Input vs. output
  • Behavioral
  • Attitude
  • Knowledge
  • Communication skills
  • Customer service
  • professionalism

11
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