Professional Documents
Culture Documents
ON
2022.
Knowledge.
MOHD IBRAHIM
Roll No. 200012135044
MBA (Marketing) 3rd Sem
3
ACKNOWLEDGEMENT
For the successful completion of this project I am thankful to several intellectuals for their
guidance and friends for their support. First and foremost, sincere gratitude is extended to
the faculty, management and staff of I.M.S. for their expeditious arrangement to do this
project work as a part of my MBA Course.
I would like to express my very great appreciation to Dr. Saurabh Banerjeesirfor his
valuable andconstructive suggestions during the planning and development of this
research work.
I am highly indebted to Mr. Mohammad Rizan for his guidance and constant
supervision as well as for providing necessary information regarding the project &
also for their support in completing the project.
Finally I would like to thank all lecturers, friends, family for the kind support and
to all who directly or indirectly helped me in preparing this project report.
4
PREFACE
knowledge, skill and competencies required during the technical session. Research also
helps the student to devote his/her skill to analyze the problem to suggest alternative
data.
level best to prepare this report an error free report every effort has been made to offer the
5
TABLE OF CONTENT
1. INTRODUCTION
2. LITERATURE REVIEW
3. COMPANY PROFILE
5. RESEARCH METHODOLOGY
7. CONCLUSION
8. Bibliography
6
INTRODUCTION
One key advantage personal selling has over other promotional methods is
that it is a two-way form of communication. In selling situations the message
sender (e.g., salesperson) can adjust the message as they gain feedback from
message receivers (e.g., customer). So if a customer does not understand the
initial message (e.g., doesn’t fully understand how the product works) the
salesperson can make adjustments to address questions or concerns. Many
non-personal forms of promotion, such as a radio advertisement, are
inflexible, at least in the short-term, and cannot be easily adjusted to address
audience questions.
Personal selling is one of the oldest forms of promotion. It involves the use
of a sales force who orally communicates about the company’s products or
7
services to the potential buyers with an intention to make a sale. Personal
selling is the primary demand stimulating force in the industrial marketer’s
promotional mix. Its role is very dominant in industrial markets because of
less number of potential customers present compared to the consumer
markets and the large amount of money purchases involved. As the cost per
sale through personal selling is too high, industrial marketers have to
carefully manage and integrate personal selling into organization’s
marketing mix. This will also lead to maximize its effectiveness and
efficiency. The job of personal selling starts after determining the target
segment in the organization’s market. The sales force in most of the
industrial organizations follow the “systems selling” approach where they
recognize the entire problems faced by their buyers and offer them total
solutions rather than just selling the product. This is advantageous to the
industrial buyers as all their problems are solved in a single go by one party
who would take the responsibility if anything goes wrong. The industrial
marketers too have competitive advantage by adopting this strategy.
There are different steps that are involved in a selling process and the
salesperson has a significant role to play in each of the steps. It is the role of
the salesperson that helps the organization to increase its sale and reach its
objectives. It therefore becomes important to understand their role during
each of the steps in order to further enhance their performance and clinch
any deal successfully.
Prospecting: Prospecting is the first step in the sales process that refers to
identifying a list of potential organizational buyers. There are various
sources from which salespeople get the list of prospective buyers. Some of
the sources include referrals, directories, commercially-available databases
8
or mail lists, company sales records and in-house databases, public records,
trade shows, and a wide variety of other sources. The salespeople have to
systematically structure the prospecting activities in order to identify only
those potential customers who fit the profile and have genuine interest to
buy the product or service.
Once upon a time, sales was 100% personal selling. But now, thanks to
globalization, advances in technology, and the rising cost of travel, personal
selling is just one of many techniques available to salespeople to warm up a
lead and close a deal.
10
Personal selling should be part of a wider sales mix, alongside telesales,
email marketing, sales promotion, advertising, and public relations. But
personal selling must not be overlooked: it remains an extremely important
part of a salesperson’s arsenal and is a skill every good salesperson must
master.
Personal selling is just one of many skills you should have in your sales
toolbox. For more sales skills every salesperson needs to master, check out
all of our resources here.
vi. It develops a deep personal relationship apart from the selling relationship
with the buyers and customers.
12
1. Prospecting and evaluating:
2. Preparing:
Before approaching the potential buyer, the sales person should know as
much as possible about the person or company.
4. Overcoming objections:
The primary value of personal selling lies in the sales person’s ability to
receive and deal with potential customers’ objections to purchasing the
product. In a sales presentation many objections can be dealt with
immediately. These may take more time, but still may be overcome.
13
5. Closing the sale:
Many sales people lose sales simply because they never asked the buyer to
buy. At several times in a presentation the sales person may to gauge how
near the buyer is to closing.
6. Follow up:
The old concept of salesmanship has, therefore, undergone changes. The art
of selling is not salesmanship today; the art of knowing one’s mind and
influencing it is salesmanship.’ To know your mind and then to let you know
my mind and then to influence or persuade you to identify your mind with
that of mine and when the two minds thus become identical, then selling of
goods or services takes place. Before that, what goes on between the
prospect and the salesman is the process of understanding each one’s
mind’.
15
It is the creative aspect of sales persons to offer the satisfactory services.
Developmental selling may be organised for tangible products like,
automobiles, vacuum cleaners, washing machines etc. and also for intangible
products like, insurance, bank-schemes, advertising services etc.
But face-to-face meetings certainly still have their place. Consider this: 68%
of B2B customers are lost due to indifference or perceived apathy rather than
mistakes. Attending a sales meeting is a prime way to combat this issue by
showing you care enough to invest time and money in your prospect on good
faith.
Fifty-eight percent of buyers state that sales meetings are not valuable, and
that there should be a greater focus on the value businesses can deliver to
them. On the face of it, this doesn’t sound like great news for salespeople
who shine in meetings. But it does mean that over 40% of prospects are open
to sales meetings. The other 60% may just need convincing that a meeting
will help you add real value to their business.
With the extra time and monetary investment required for face-to-face sales
meetings, it’s essential businesses lock down ROI by choosing the right
16
prospects to meet in person through a comprehensive lead-qualifying
process.
Active listening is of course vital for sales reps – not just in the meeting, but
ahead of it. Note down every piece of information you receive via call or
email and use this to your advantage in the meeting to prove you understand
the business’s real needs. And practice active listening outside of meetings –
when your mind is racing, it’s not as easy as it sounds.
Put yourself head and shoulders above the competition by over preparing.
Don’t just research the company so you can show off by reciting stats or
dates in the interview – learn about their pain points, their budgets, and what
they’re trying to achieve. You can then position your product or service as a
solution that helps them achieve their wider goals.
These days, it’s drummed into sales reps that they must add value in
meetings, demonstrating that they’ll continue to provide useful assistance
should the client sign on the dotted line. Doing this successfully
17
demonstrates that you know what you’re talking about, and also that you
care about working with the company long-term to help them achieve their
goals, thereby building trust.
Sixty-nine percent of buyers state that providing primary research data that’s
relevant to their business is the best way for reps to add value. Furthermore,
95% of customers choose to buy from providers that offer relevant content at
every stage of the buying process.
Use your company’s tools to pull data surrounding the business and its
competitors that the organization hasn’t gathered itself. Give an analysis of
the top-level findings in your presentation, explain how your products and
services can help with the challenges you’ve uncovered, and then send the
DM the data and your analysis. Ask your content team to create a bank of
assets surrounding regular FAQs and industry pain points – whether blogs,
infographics, videos, or ebooks – so you’re able to send links to additional
helpful information during or after the meeting.
The best-performing sales reps use collaborative words like “we” or “us”
instead of words like “I” or “me.” This is a simple method for making the
prospective buyer feel like you’re on their side and want nothing more than
to see their business thrive.
Speaking to Inc, he said: “Don’t get me wrong, I loved The North Face and
all of their products! But I was always more intent on getting the customer
the best product for what they were looking for. When that wasn’t something
from our company, I’d tell them what they should get instead and where to
get it from. Funny thing was, they always ended up buying at least
something from me because they were so shocked I wasn’t just pushing our
products on them. A great lesson I learned from this is that the best
salespeople are the ones you trust.”
Personal Selling
Personal selling happens when companies and business firms send out their
salesmen to use the sale force and sell the products and services by meeting
the consumer face – to – face. The salesmen aim to inform and encourage the
customer to buy, or at least try the product.
19
Personal Selling Examples
A salesperson can tailor his sales presentation to fit the needs, motives, and
behaviour of individual customers. He can observe the customer’s reaction to
a particular sales approach and then make necessary adjustment on the spot.
Thus, personal selling involves a minimum of wasteful efforts. The
salesperson can select and concentrate on the prospective customers.
20
good salesman is able to establish personal support with customers. This
way, the business gains permanent customers.
2. In most of the situations, there is a need of explaining the quality, uses and
price of the product to the buyer to help him purchase the want satisfying
product. Thus, salesmanship is also very important from the point of the
buyers.
3. A good salesperson educates and guides the customers about the features
and utility of the product.
6. There is direct fact-to-face interaction between the seller and the buyer.
The salesperson can receive feedback directly from the customer on a
continuous basis. This would help him in modifying his presentation and
taking other steps to sell satisfaction to the buyer.
21
Requisites of Effective Personal Selling:
It is not possible to describe exactly the kind of person who will make a
good salesperson. Sales skill has no clear correlation to any combination of
appearance, education, technical expertise, or even persuasiveness. There
have been successful salesmen who knew little about the technical qualities
of the product.
On the other hand, there are many examples of technical champs who could
not sell. However, in the modern era of severe competition in the market, it
is not easy to become an effective salesman. A business enterprise can
develop effective salesman to promote its sales.
1. Personal Qualities:
3. Wide Knowledge:
(a) Self:
The salesman must know himself in order to make use of his personality in
selling the products. He should try to know his strong arid week points and
remove his weak points through training and experience. He should
continuously undertake his self- assessment to know what he requires in
order to be an effective salesman.
(b) Employer:
(c) Product:
The salesman must have full knowledge about the product he sells. He must
know what the product is and what are its special features and uses. He
should also know the whole process of production so that he may be able to
answer the customer’s queries and objections satisfactorily. Mostly, the
customers are ignorant about the features, technical details, and benefits of
the product and they expect the salesman to give them sufficient information
about it.
23
(d) Competitors’ Products:
The salesman must have complete knowledge about the competitive products
because buyers often compare several products before purchasing one of
them. The salesman should know the positive and negative features of the
various substitutes so that he is in a position to prove the superiority of his
product.
(e) Customers:
He should deal with the customer according to his nature. He can mix with a
customer who is extrovert and remain reserved with a customer who is
introvert. He should also try to know whether a customer intends to purchase
for personal use or for business use.
1. The key advantage personal selling has over other promotional methods is
that it is a two-way form of communication. In selling situations the message
sender (e.g., salesperson) can adjust the message as they gain feedback from
24
message receivers (e.g., customer). So if a customer does not understand the
initial message (e.g., doesn’t fully understand how the product works) the
salesperson can make adjustments to address questions or concerns.
2. The interactive nature of personal selling also makes it the most effective
promotional method for building relationships with customers, particularly
in the business-to-business market.
This is especially important for companies that either sell expensive products
or sell lower cost but high volume products (i.e., buyer must purchase in
large quantities) that rely heavily on customers making repeat purchases.
25
experiences with salespeople who they perceived were overly aggressive or
even downright annoying.
While there are certainly many salespeople who fall into this category, the
truth is salespeople are most successful when they focus their efforts on
satisfying customers over the long term and not focusing own their own
selfish interests.
This cost is incurred whether a sale is made or not! These costs include
compensation (e.g., salary, commission, and bonus), providing sales support
materials, allowances for entertainment spending, office supplies,
telecommunication and much more. With such high cost for maintaining a
sales force, selling is often not a practical option for selling products that do
not generate a large amount of revenue.
Most forms of personal selling require the sales staff be extensively trained
on product knowledge, industry information and selling skills. For
companies that require their salespeople attend formal training programs, the
26
cost of training can be quite high and include such expenses as travel, hotel,
meals, and training equipment while also paying the trainees’ salaries while
they attend.
(ii) Secondly personal selling is a process, not a single activity. And done
correctly, the process continues indefinitely. Salespeople, sales managers,
and others inside the seller’s organization frequently see the selling process
as culminating or ending with a signed order.
27
However, in these days of so-called “relationship marketing” and “customer
relationship management” successful organizations recognize that signed
orders simply represent one point of positive feedback in an ongoing and
continuous process.
28
Selling roles and situations
Order takers refers to selling that occurs primarily at the wholesale or retail
levels. Order processing involves determining the customer needs, pointing
to inventory that meets the customer needs and completing the order.
Order getters refers to the in-field sales activity where a sales representative
travels to the client's home or work place to makes a sales presentation in
order to win new business or to maintain relations with existing clients.
Missionary selling is often seen as a sales support role. The missionary sales
person distributes information about products or services, describes product
attributes and leaves materials but does not normally close the sale. The
missionary sales person often prepares the way for a field sales person. For
example, a pharmaceutical sales representative may call on doctors and leave
samples, manufacturer information such as results of clinical trials, copies of
relevant journal articles etc. in an effort to persuade doctors to prescribe a
medication or course of treatment.
29
Cold Calling
Sales scripts
The use of tightly written sales scripts has been known for hundreds of years.
Itinerant medicine salesmen were known to use sales scripts in the
seventeenth and eighteenth centuries. Experienced sales representatives soon
recognize that specific words and phrases have the capacity to elicit desirable
behaviours on the part of the prospect. Research studies can also be carried
out to determine the most effective words/phrases or the optimal sequence of
words/phrases for use in effective sales scripts. A number of research studies
have focused on the types of the use of verbal persuasive techniques that can
be used to convince prospects such as information exchange, the use of
recommendations, requests, promises, or ingratiation.Other research has
focused on influence techniques employed. Well-known examples include
the:
31
Once identified, these words, phrases and techniques can be used to build
highly effective sales scripts that are known to work.The most effective sales
scripts can be codified and used by other sales persons or in sales training.
Many sales scripts are designed to move the prospect sequentially through
the cognitive, affective and behavioural stages of the purchase decision
process and are designed around the AIDA model (attention →interest
→desire →action). Most sales representatives include a greeting, closing and
call to action in their scripts. A call to action (CTA) is simply an instruction
to the prospect designed to prompt an immediate response. It often involves
the use of an imperative verb such as "try it now" or "find out more."[26]
Other types of calls-to-action might provide consumers with strong reasons
for purchasing immediately such an offer that is only available for a limited
time, e.g. 'Limited stocks available' or a special deal usually accompanied by
a time constraint, e.g. 'Order before midnight to receive a free gift with your
order'. The key to a powerful call-to-action is to provide consumers with
compelling reasons to purchase promptly rather than defer purchase
decisions.
Sales scripts are used for both inbound and outbound sales. Sales scripts are
commonly used in cold calling, especially phone-based cold calling such as
telemarketing (outbound selling) and can also be found in chat-based
customer care centers (inbound calling). In such cases, the sales script might
be confined to a simple list of talking points that the sales person uses as a
reference during their conversation.
33
LITERATURE REVIEW
Selling
Thus, the selling itself it is not only just create a sales or make customer
making a purchase, but selling is also the process of understanding customer
main problem, help them to understand those problem, solve the problem
with the product or service which we offer, and also maintaining the
relationship for long term valuable relation.
34
The Nature of Selling
(Jobber & Lancaster, 2009) Selling is the simplest way to think of nature
function to make a sale. Selling is often very complex process to make a
sale, involving the use of a whole set of principle, technique and substantial
personal skill, and covering a wide range of different types of selling task.
Selling is a conceptual approaches to the simplict “how it is done” approach
which has mean to understand the way to finish the selling activity by
making a deal as a success of selling process. Somecompanies spend large
sums of money to train their salesperson in order to master the art of selling,
that’s why selling become the most important link within the company and
customer.
The Sales Bible said that, “Selling is not a matter of leads and appointments
then closes. It is not event a matter of the quality of your product and
services you response. But selling is a matter who you are, what your
attitude is, and how dedicated you are to personal excellence”. The
phylosoply of sales is how responsible the salesperson for the action that
they are take in selling and how good they could helping both themselves
and customers, so that ultimately the salesperson can win theirselves
challenge which is making a sales(Gitomer, 2008). Selling or sales activity
have 10 commandments to make it successful and achieve the goals, as
follow:
35
Think means positioning the sale in your head as a mindset. The
mindset which approaching in the sale will make the salesperson
become more friendly, smiley, enthusiastic, positive, confident, self-
assured, likeable, and prepared beyond nervous. Everybody has a
different way of creating his or her mindset
Believe means develop a determination to your fate that can
penetrated the fearness of offering product or services which also
greater the trust with the company and believe in customers that
contacted with you. Thus it will create the better performance in
selling activity with low fearness.
Engage will develop personal relationship or engagement within
salesperson and customers. Because selling is more easier when
performing to your friends instead of person whose do not know who
you are.
Discover leads people to buy for their reason not because ofthe
salesperson persuasion. The most people does not understand their
motive and major need, so it is important to dicover and help them to
find out the motive and need first before they making a purchase.
Ask question will greater the information about propective buyer and
another information from the environtment that could become a
knowledge which is usefull and beneficial in selling process.
Observe is the salesperson ability listening to the propective, about
their perspective and problem understanding.
Dare means how the salesperson willing to take a risk. Risk that come
from himself and also how the prospective buyer have to be treaten
well in order to build a trust from risk taking.
Own refered to know whose fault it is make when the sales is not
made. The salesperson should not blame his or her self but must to
36
take a responsibility for it. Learn from every experience and do
something for the future improvement.
Earn means sell for the relationship, not the commission. “If you make
a sale, you can earn money, but if you make a friend, you can earn
fortune.” Those of quote have explain about if you sell a help to
customer, so you will create relationship for long term profitability
and loyalty.
Prove is use to motivate the salesperson from himself. Proving their
good performance and fantastic result will lead the salesperson join in
a good competition and make them always do the best in every selling
activity. Sometimes people need to prove about what they can do to
self-actualized themselves for the better performance.
Those are the 10 commandments to make it successful and achieve the
goals explained by (Gitomer, 2008). In (Hannan, 2004) study of
consultative selling explained that’s selling is also a transfer of value
which arranging customer resources (time, talent, and money) to be
transferred to products or services that being purchased by those
customer. Not only in face-to-face selling but sales call or
telemarketing must exchange the value as well. Thus, Selling it is not
always about the exchange of products or services that offered by
salesperson with the money form its customers, but also can become a
transfer of value within sales salesperson and customers in terms of
information, expectation, value added, and long term relationship
throughout product or service which offered.
Customer-Oriented Marketing
Sales-Oriented Marketing
Salesperson
Many companies find out that 80 percent sales come from 20 percent of their
customer. It means that retaining existing high volume of customer will
greater the potential to gain highly profitable customers.
Requires the salesforces focuses on the long term relationship not simply on
closing the next sale. The emphasis should be on creating win-win situations
with the customers, so that both parties will gain the interaction and want to
continue the relationship.
40
Problem solving and system selling
The modern salesperson must have the ability to identify and satisfy the
customer in every single selling activity, to fulfill the needs of solutional
system rather than a product or services offered. Some customer do not
recognize they have a need, and the salesperson will have to added the value
to the customer’s need by reducing costs and created a win-win situation for
their company and the customer.
Personal Selling
• It starts with a value database in the values you normally add to customer
operations. Your normal values added “Norms” which are derived from
the value database. The norms is what you believe in offering the
product, whether the product is good or bad, the benefit is good, the
attribute is better, and unique.
• By comparing customer revenue and cost against your norms, a lead
database is automatically created. Lead database acquired from any kind
of information that you have by doing a communication approach or
consulting with customer. From there, a lead opportunity exist wherever
your norms offer a competitive advantage over a customer’s perspective.
• Leads database are use in generating the proposal. From the lead data
base, we could understand what the customer main problem and whether
they have equal perspective with our product benefit or not. The
proposal will including the profit improvement to make customer
understand about their problem and how to cooperate with us in term of
solving their problem.
44
COMPANY PROFILE
45
COSTS MAKE UP YOUR GAS AND ELECTRICITY BILLS.
As with all energy, there are many elements that are included in the cost of
producing and distributing electricity. Third party costs contribute to a
segment of electricity supplies and are increasing. Back in 2010 only one
third of your energy would have been third party costs this has escalated to
46
45% of an energy bill in 2015. There is also transmission costs that are
included. These have increased by 75% since 2010, the renewable obligation
(RO) has increased by huge 225% since 2010 and the feed in tariff (FIT) has
increased by 1300% since 2010. Saying all this, do not underestimate the
potential savings you could make in the business electricity sector.
Admittedly it can be a daunting market – deals can change daily, which is
why many people go to brokers who know the providers and the market
inside out. We are ideally placed to advise on the best prices available to
you. With all this in mind, it is more important than ever to ensure you are
gaining the most suitable contract for your business.
Our vision is to educate customers about the energy - Industry trends which
includes pricing tariffs, consumptions and contractual information therefore
our mission is to create complete transparency , bridging the gap between the
customer and suppliers in the energy deals and developing healthy
interactions and connections which can build trust for a long lasting
relationship.
47
Energy Market Evolution In The United Kingdom
49
BUSINESS ENERGY ADVICE : NEW CONTRACTS
If you’re looking for a new contract and need business energy advice, then
you’ve come to the right place!
Our energy experts will answer all of your questions, help you to discover
the best options for you, then make all of the arrangements for you to make
the transition to your new contract or supplier. It’s that simple!
50
SPEAK TO THE LIGHTINGLIVES CONSULTANTS TEAM AND
GET ADVICE ON THE FOLLOWING :
Do you already have a contract but are in need of business energy advice?
Get in touch with the team at Lightinglives consultants. We can advise you
on the following :
51
Our Partners
CNG
52
Dual Energy
EDF Energy
EDF Energy, is part of EDF Energy one of the largest energy companies in
the UK, employing 11,300 people across the country. EDF Energy supplies
energy services to over 5 million customer accounts in the UK through
London Energy, Seaboard Energy, SWEB Energy.
EON
EON is one of the UK’s leading power and gas companies – generating
electricity, and retailing power and gas. We’re part of the E.ON group, one
of the world’s largest investor-owned power and gas companies employing
around 9,400 people in the UK.
Gazprom
Npower Business
Opus Energy
Scottish & Southern Energy, Southern Electric is part of the Scottish and
Southern Energy Group. Along with our other energy brands, Scottish
Hydro-Electric, SWALEC and Atlantic, we serve over 7 million customers
across the UK. We’re a FTSE 100 company and we manage the largest
distribution network in the UK.
Scottish Power
Total Gas
54
Terms Related To Gas And Electricity Contracts
MPAN Number
MPRN Number
Your Meter Point Reference Number (MPRN) is the unique 11 digit number
assigned to your electricity connection and meter. Find it in the top right
hand corner of your bill from your electricity supplier.
55
Standing Charge
Calling Software
56
EXAMPLE OF BG LITE VERBAL CONTRACT SCRIPT
Lite Partner Acquisition Single Fuel or Dual Fuel Energy Script
Partner Acquisition Energy Script: V2
Mandatory Information to be read out word for word for every verbal offer.
If a single Fuel, then either Electricity or Gas is ONLY read out.
CONFIRMATION
In order for British Gas Lite to send you an offer for your Electricity and or Gas supplies, I need
to explain
some important points to you.
This call is recorded and monitored for training and verification purposes and will be sent to
British Gas
Lite along with your details following our call.
My name is [Your Name] calling from [Broker Name OR Agency/Sub Broker Name] working in
partnership with [Broker Name] (as applicable)
Do you understand that we are an independent [Broker] and are not directly employed by British
Gas
Lite? (Response – firm “Yes”)
In order to qualify to join Lite you will need to accept the following:
• You will pay your bills monthly by variable direct debit.
• You will manage your account completely online through British Gas Lite’s website including
webchat, and you understand that Lite doesn’t have call centres.
• Your meter will not be de-energised at the point you join Lite and you are not planning any
metering changes or upgrades during the duration of your contract.
• These contract details apply where 40% or more of the electricity/gas consumption is for
business purposes.
Electricity only
• Your Electricity supply with Lite will require you to have a smart meter. If you haven’t already
got one, they will attempt to install a smart meter for you for free.
• If you need a smart meter Lite will contact you when they’re installing in your area after you are
on supply, and you must agree to have one installed. During the install your electricity supply will
be powered down for approximately 45 minutes
• If Lite are unable to install or communicate with your smart meter within 90 days of them
contacting you to arrange the installation, British Gas Lite reserve the right to transfer you to
57
another product and will give you a minimum of 28 days’ notice. You will be free to leave
without
penalty from the day this notice is given.
Do you accept these requirements? (Response - firm “Yes” before proceeding)
If electricity/gas is less than 100% commercial use, capture what % is commercial. Lower rate
VAT will only
be applied to the non-commercial portion following the customer updating this on the British Gas
Lite portal.
Lite, will only accept customers that have business use of 40% or more
Full access LOA
Just to confirm, you are happy for us to obtain from your supplier current pricing information,
contract
start and end dates, consumption details and billing information. Are you also happy for us to
raise and
manage queries with your supplier on your behalf? (Response – firm “Yes”)
This authority will last until the end of the supply contract (or until (Day/Month/Year). If you
would
like to cancel this authority at any time, then you will need to contact British Gas Lite through
webchat.
Customer details:
Please could you confirm the following details?
• Correct legal business name
• Contact name
• Trading type
• Registration number (if Limited company)
• Date of birth (if applicable)
• Email address (this will be your username for your online account)
• Contact telephone number and your mobile phone number (Lite will use these to arrange your
meter installation)
From time to time, British Gas Lite may contact you about market related products that could be
relevant
or beneficial to you. You have a right to opt out and can do so at any time by contacting them on
webchat.
Site details (these details are to be confirmed by the sales agent)
Please can you confirm the following details are correct?
• The full premises address including the post code?
58
• The MPAN ends with … xxxx
• The MPRN ends with … xxxx
• Has this site recently changed tenancy / ownership? – If yes, what date were you legally
responsible for this site?
Product details
Can you confirm the following Elec details are correct?
• Supply start date XX/XX/XXXX for a duration of (X years)
• Unit rates (Xp per kWh) and daily standing charge of (Xp per day)
• Please could you confirm your current consumption?
Can you confirm the following Gas details are correct?
• Supply start date XX/XX/XXXX for a duration of (X years)
• Unit rates (Xp per kWh) and daily standing charge of (Xp per day)
• Please could you confirm your current consumption?
Payment terms
As your British Gas Lite energy contracts are payable by monthly variable Direct Debit, I will
need to set
up an instruction for each supply (Gas and Elec) by taking your details over the phone. You will
receive an
email confirming this within 3 working days.
Please confirm that you are the account holder and the only person required to authorise debits
from the
account.
Collect customer’s bank details to set up VDD;
I need to confirm the following details:
• Account Name,
• Account Number
• Sort Code - repeat the bank details back to the customer to confirm that they are correct
By default, your Direct Debit will be billed as a variable amount, based on your usage each
month. British
Gas Lite will always give you 10 working days’ notice in advance of your account being debited
and your
payments will appear on your bank statement in the name of British Gas Trading Ltd. Would you
like me
to read the Direct Debit guarantee to you now or are you happy to read the information in your
confirmation email?
Direct Debit Guarantee (only read this if the customer requests it)
59
• This Guarantee is offered by all banks and building societies that accept instructions to pay
Direct
Debits.
• If there are any changes to the amount, date or frequency of your Direct Debit, British Gas Lite
will
notify you ten working days in advance of your account being debited or as otherwise agreed. If
you
request British Gas Lite to collect payment, confirmation of the amount and date will be given to
you
at the time of the request.
• If an error is made in the payment of your Direct Debit, by British Gas Lite or your bank or
building
society, you are entitled to a full and immediate refund of the amount paid from your bank or
building society.
• If you receive a refund you are not entitled to, you must pay it back when British Gas Lite asks
you to.
• You can cancel a Direct Debit at any time by simply contacting your bank or building society.
Written
confirmation may be required. Please also notify British Gas Lite.
Credit vetting
• Contracts entered into with British Gas Lite are subject to your credit status. They will assess
your
credit status with a licensed credit reference and fraud prevention agency
• A copy of the credit search will be kept by the agency and may be used by other credit
providers. If a
person provides false or inaccurate information and British Gas Lite suspect fraud, this is recorded
and may be used by them and other organisations for financial security purposes. Further details
explaining how your information may be used is given in Lite’s terms and conditions which can
be
found on their website.
• If Sole Trader read:
So British Gas Lite can carry out a credit check, please confirm the following details:
• Full first, middle and surname (as it appears on your passport)
• Your date of birth (must be over 18)
• Current home address
60
• Previous home address (if the customer has not lived at their current home address for at
least 5 years)
• Existing BGB account number (if applicable)
• Are you registered to vote at your home address?
• Are you happy to continue with the Credit Vet? (A clear “yes” is required)
• Government Organisation or Ltd Company/LLP (over 2 years old), read: Are you happy for a
credit search to be carried out against your business? (Confirm business registration number)
• If New Ltd Company/LLP (under 2 years old) and all Partnerships, read: Are you happy for a
credit check to be carried out against all < partners / directors> as well as the business? Do you
have
all <partners / directors> consent for us to carry this out?
• You have passed our credit check
• Or; Your application has been declined. Numerous risk factors relating to your business have
been used to reach this decision.
Existing BG customer moving to BG Lite (Only read if an existing BG customer)
If you are an existing British Gas Business customer, please note the following:
• By signing up with British Gas Lite, you have agreed to a new product which will be processed
on
a different system to your existing contract
• When your existing contract ends, you’ll be sent a final bill from British Gas as they close your
account, you won’t be able to view your old British Gas accounts on your Lite portal.
• British Gas Lite is an online-only product and you can only contact them via webchat
What happens next?
• You will be sent an email containing a link to set up each of your British Gas Lite online
accounts and
contracts. In order to accept your contracts with Lite, all you need to do is follow the links and set
up
your online accounts within 28 days of receiving the email.
• Your current supplier may object to you leaving if you have any outstanding bills.
• Once you have accepted the contracts online, you’ll be able to view and download your Contract
Packs which includes the contractual terms and conditions and details about your business
electricity and business gas supplies.
• Your Electricity contract will be eligible for renewal (X)year(s) from the date British Gas Lite
become your supplier.
• Your Gas contract will be eligible for renewal (X)year(s) from the date British Gas Lite become
your
61
supplier.
• They’ll write to you with details of your renewal offer around 60 days before your contracts end.
If
they don’t hear from you by the time your contract expires, they’ll switch you onto their variable
price plan. These rates are not fixed and British Gas Lite may change them at their discretion. You
can
find full details on their website www.britishgaslite.co.uk.
• At the end of your contracts you can switch supplier as long as you have paid any outstanding
bills.
Full details of objection reasons are set out in the British Gas Lite terms and conditions which can
be
found on their website.
• If broker doesn’t submit termination notice to old supplier, read: You may need to submit a
termination notice to your existing supplier. It’s important you do this to avoid any delays to your
energy switch. We also recommend you provide your final read to your current supplier when you
switch.
• Thank you for your time. If you have any queries, you can contact me on [Your Name &
Telephone
Number].
62
OBJECTIVE OF THE STUDY
volume
To understand the process of a tele sale from the beginning till the
63
RESEARCH METHODOLOGY
The study seems to be the observation and a description of the project where
we try to find out the hidden aspect or bring out the concept for further
because it is not possible to test and measure the large number of samples
companies wishing to judge the morale of staff. Though the results from a
disapprove a hypothesis but, if the limitations are understood, they can still
be a useful tool in many areas of scientific and normal study research such as
this project.
64
Type of data
Primary Data
Secondary Data
Secondary data was used for this study as the research design is descriptive
Sources of data
The following sources are used for collecting the data for this study:
Books
internet
Journals
News papers
Personal sources
65
SUGGESTIONS AND RECOMMENDATIONS
When trying to sell a product to a customer, you need to know why she is
interested in the product or service. Find out if she is currently a customer of
one of your competitors. If so, ask why she is unsatisfied with its products or
services, making her consider switching to yours. Inquire as to who the key
decision-makers in her company are and see if she has a timeline for making
a final decision on the product.
Gathering this type of information from her will help you to know what she's
looking to gain from your company, so you are better able to meet her needs
with your sales pitch.
Customer ConcernsAddress
Ask the customer to share any concerns he has about your product or service
with you. If you are able to address these issues, you can increase your
chances of easing his mind and convincing him to bring his business to your
company. It is always better to know any potential concerns that a client has
with your company, so you have a chance to diffuse them. Sometimes the
customer just needs a little more information about your product or service
to feel comfortable making a decision.
66
decided to buy your product or service, or you can do it in an indirect
manner such as asking when she would like to start receiving the services or
how many of the specific product she would like to order.
This will help you to know where you stand with the customer. If she
hesitates, ask what's holding her back from the sale. If you are able to
address her concerns, you are more likely to get the sale.
67
CONCLUSION
Personal selling is nothing but meeting the customer face to face and tell them
about theproduct and letting the advantages and usage of the product to the
customer clearly whichhelpsthem to getaclearpictureabout theproductand its
specification.
From the study of the project you will come to know that more people prefer
personalselling as the most effective mode of selling and reaching the
customers in which they canmeet more number of customers and create
awareness about the product to the customers. Personal selling is one of the
effective mode of selling the product to the customers andcanalso reach
morenumbers ofcustomers.
In the future people can easily know the most effective mode of selling and
the importanceof the personal selling and also the purchase preference of the
customers how to persuadethecustomers and information about theproduct.
Through personal selling, the brand representative tries to understand the real
needs of the prospect. However, this is not enough to grow your business and
sales prospecting must be implemented in your strategy in order to succeed.
Promoting your product or service by visiting the customer directly at his
home or approaching him during an event, is very efficient. Paired with a cold
calling and cold emailing strategy, you will see very positive results! With
perseverance and patience, your prospects can become customers at any time.
68
BIBLIOGRAPHY
• Journal- Marketing Mastermind, March 2011 edition, edited at Icfai
University Press, Andhra Pradesh, India.
• Akinyi, W. (2011). A survey into Application of promotion elements
by organizations in rural areas. Unpublished MBA project Maseno
University. Bolton, R. N., and Lemon, K. N. (1999).
• Shaw, E.H. and Jones, D.G.B, "A History of Marketing Thought," in
Handbook of Marketing, Barton A Weitz and Robin Wensley (eds),
Sage, 2003.
• Braudel, F. and Reynold, S., The Wheels of Commerce: Civilization
and Capitalism, 15th to 18th Century, Berkeley, CA, University of
California Press, 1992.
• Casson, M. and Lee, J., "The Origin and Development of Markets: A
Business History Perspective," Business History Review, Vol 85,
Spring, 2011, doi:10.1017/S0007680511000018.
• Pevsner, N. and Hubbard, E., The Buildings of England: Cheshire
Penguin, 1978.
• Cox, N.C. and Dannehl, K., Perceptions of Retailing in Early Modern
England, Aldershot, Hampshire, Ashgate, 2007.
Website:
• www.lightinglivesconsultants.co.uk
• www.google.com
• www.scribd..com
• www.marketingteacher.com
• n.wikipedia.org/wiki/Category:Personal_selling
69