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BCOM 1 PSSM - Personal Selling and Sales Promotion
BCOM 1 PSSM - Personal Selling and Sales Promotion
PRESENTED BY :
CHETAN PATHAK
Personal selling
Prospecting
Pre Approach
Approach
Presentation &
Demonstration
Handling
objections
cont…
Follow up
Objectives
To perform sales job
To establish & maintain relation
To educate customers
To provide various value added services
To provide key market information
To explain technicalities
To convince
To remove doubts
To secure & maintain market share
To increase total sales
Functions
Product explanation
Product demonstration
Convince customers
Doubt solution
Limitation
Personal/non-personal
Target audience
Paid/independent
Doubt solution
Cost
Controlling firm
Effectiveness
Objective
Sales Promotion
Definition
To increase footfalls
To increase sales volume
To minimize the perception of
risk
To build goodwill
To show attractive features
Methods of sales promotion
Price discounts
Refund scheme
Quantity off offers
Contest and lucky draw
Sponsoring events
Free product
Loyalty cards
Trade allowance
Gifts
Exchange offer
Advantages