You are on page 1of 4

PROFESSIONAL SALESMANSHIP

CHAPTER 1: THE LIFE, TIMES, AND CAREER OF


THEPROFESSIONAL SALESPERSON

3.Effective Communication: Develop strong communication


skills, including active listening, empathy, and clear articulation
WHAT IS SALE? of your message.
1. It is a transfer of goods and services by the seller to 4.Building Trust: Trust is the foundation of successful selling.
the buyer in exchange of money Be honest, reliable, and always follow through on promises.
2. It is the act of selling a product or service in return for
money or other compensation 5.Handling Objections: Anticipate and address objections
3. It is an act of completion of a commercial activity. professionally. Turn them into opportunities to clarify doubts
4. Employment of men and women who determine the and build trust.
5. needs of potential buyers and attempt to persuade
these prospects to satisfy their needs through the 6.Closing the Deal: Learn various closing techniques, but
purchase of products and services. remember, it should be a natural progression in the
conversation, not a pushy tactic.
Salesmanship - is the art or skill in selling.
7.Follow-Up: After a sale, maintain the relationship by
What is the difference between selling and salesmanship? providing excellent post-purchase support and follow-up
services.
Salesmanship is the art of convincing and persuading people
to buy the product, while selling is just transferring the title in WHY CHOOSE A SALES CAREER?
goods, services or ideas with a valuable consideration.
I.Diversity of Opportunities:
Importance of Salesmanship
1.Versatility: Sales careers are incredibly diverse. You can
1. One can find virtually no occupation or profession that find opportunities in virtually every industry, from technology to
does not demand this skill healthcare, finance to fashion. This diversity allows you to align
2. The customer usually goes to the seller instead of the your career with your personal interests and passions.
seller seeking out for customers.
2.Skill Development: Sales is a dynamic field that hones a
What is Personal Selling? wide range of skills, including communication, negotiation,
problem-solving, and adaptability. These skills are not only
Personal selling is a communication process where a valuable in sales but also transferable to many other
salesperson interacts directly with potential customers to professions.
understand their needs, present products or services, and
persuade them to make a purchase. It's a dynamic and II. Potential for Financial Reward:
personalized approach to selling, as opposed to other
marketing methods like advertising or social media marketing. 1.Earning Potential: Sales professionals often have the
potential for high earning. Many sales positions offer
II. The Importance of Personal Selling: commission-based or performance-based incentives, allowing
you to directly reap the rewards of your hard work and
1.Building Relationships: Personal selling allows you to build success.
genuine long-lasting relationships with customers. Trust and
rapport are key in the sales process. 2.Career Progression: Sales careers often provide clear
pathways for advancement. Starting as a sales representative,
2,=.Customization: Salespeople can tailor their pitch to you can work your way up to positions like sales manager,
individual customer needs, increasing the chances of closing a regional director, or even vice president of sales.
deal.
III. Personal Growth and Development:
3.Feedback Loop: Direct interaction provides valuable
feedback that can be used to improve products, services, and 1.Building Confidence: Sales roles require you to interact
marketing strategies. with a variety of people and handle rejection gracefully. Over
time, this can boost your self-confidence and resilience.
4.Complex Products: Personal selling is particularly effective
for products or services that require explanation or 2.Continuous Learning: Sales is an ever-evolving field. You'll
demonstration, like high-tech gadgets or financial services. have the opportunity to stay updated with market trends,
customer preferences, and emerging technologies, fostering a
III. Key Strategies for Effective Personal Selling: culture of continuous learning.
1.Know Your Product: A deep understanding of what you're IV. Impact and Influence:
selling is essential. Know its features, benefits, and how it
compares to competitors.Understand Your 1.Solving Problems: Sales professionals often act as problem
solvers, helping customers find solutions to their challenges.
2.Customer: Research your potential customers. What are This sense of purpose can be deeply fulfilling.
their needs, preferences, and pain points? This knowledge will
help you tailor your pitch.
2.Building Relationships: Sales is not just about transactions; C. The Merchandising, Detail and Missionary Sales People
it's about building meaningful, long-term relationships with
clients and customers. This can be personally rewarding as - They differ from the pioneer-products man and dealer-
you see the impact of your work on their businesses and lives. servicing man in such way that their chief duty is to promote
sales.
V. Entrepreneurial Spirit:
- They are sometimes called “sales promoter” because they
1.Independence: Some sales roles, such as being an gather latest information about their target market, give advice
independent sales agent or owning a sales-focused business, and counseling to middlemen and try to favorably influence
offer a degree of independence and entrepreneurship. This sales volume.
can be appealing to those with a strong entrepreneurial spirit.
2. Wholesaler’s Sales People
VI. Global Opportunities:
- This refers to an individual who acts as the intermediary
1.Global Reach: In today's interconnected world, sales often between the manufacturer and the retailers or industrial users
transcends geographical boundaries. You may have the and carry thousands of unrelated lines of merchandise in a
opportunity to work with international clients and explore global warehouse where they are quickly available to dealers.
markets.
- The middlemen between the manufacturer and retail
WHAT IS THE FUTURE OF SALESPEOPLE? merchant or industrial consumer who serves several usual
functions by carrying thousands of items in a warehouse
The future of the sales profession is very promising. With the where they are quickly available to dealers.
advancement of technology, sales professionals will have more
tools at their disposal to help them close deals and increase 3. Retailer’s Sales People
sales.
- They are considered important links in the marketing channel
Additionally, the global economy is expected to continue to because they are both marketers and consumers. They are
grow, which will create more opportunities for sales customer’s of producers and wholesalers.
professionals.
- There middlemen between the manufacturer and retail
TYPES OF SALESPEOPLE merchant or industrial consumer who serves several usual
functions by carrying thousands of items in a warehouse
1. Manufacturer’s Sales People where they are quickly available to dealers.
- They are salespeople who may sell to wholesalers, retailers, 4. Specialty Sales People
or other middlemen.
- They carry only one complete line of merchandise. The
- Those who sell to ultimate consumers. merchandise they sell are usually higher in prices and call for
personal selection by customer.
- Those who sell to industrial concerns.
- Two classifications of specialty sales people:
People who work for manufacturers and who sell to the
distributive trades can be further grouped into three major A. Consumer goods specialties
types:
This type of sales people handles products such as vacuum
A.) The Pioneer-Products Sales People cleaners, refrigerators, encyclopedias, brushes, cosmetics,
greeting cards, books, or pots and pans.
- These are individuals whose function is to secure outlets for a
new product to wholesalers, distributors, and dealers. B. Industrial goods specialties
- To attain success in this particular field of selling, one must They sell products like cash registers, office machines,
be self-reliant, self-generating, aggressive, and imaginative. industrial machines and they are trained to render service as
well as to make sales. They are often referred to as trouble
- There will never be a surplus of individuals in this field. (they
shooters of the company.
maybe selling computers, dvd players, refrigerators and brand
new watches. CHAPTER 2: RELATIONSHIP MARKETING: WHERE
PERSONAL SELLING FITS
B. The Dealer-Servicing Sales People
I.Customer Orientation's Evolution:
- Sales people of this type need not be as aggressive or
imaginative as the first type. 1.Historical Perspective: In the past, many businesses
followed a product-centric approach, focusing primarily on
- Persistence, enthusiasm, warmth, and friendliness are
manufacturing and distributing their products. Customers were
necessary traits for this type of salesman. These sales people
seen as passive recipients of these offerings.
enjoy greater security, steadier income, and less wear-and-tear
on their nervous system. 2.Shift to Customer-Centricity: The evolution of customer
orientation marked a significant shift. Companies began to
- They contact retailers or wholesalers at frequent intervals,
realize the importance of understanding and satisfying
offer whatever goods they have, thus preventing his
customer needs and preferences. This shift was driven by
established group of outlets from an “out-of-stock” situation.
increased competition, changing consumer expectations, and customer needs. This customization fosters stronger
advances in technology. connections.

3. Relationship Marketing: At the heart of this evolution lies 4. Feedback Loop: The sales force serves as a valuable
relationship marketing, a strategy that places the customer at source of feedback, providing insights from the field that can
the center of business operations. It emphasizes building long- inform product development and marketing strategies.
term, mutually beneficial relationships with customers, rather
than focusing solely on one-time transactions. 5. Building Trust: Trust is a fundamental element of
relationship marketing, and salespeople play a crucial role in
B. Marketing's Importance in the Firm: establishing and nurturing trust-based relationships with
customers.
1. Defining Marketing: Marketing is not just about advertising
and promotion; it encompasses a wide range of activities Chapter 3: Ethics First Then Customer Relationship
aimed at understanding, attracting, retaining, and satisfying
customers. It's a strategic function that drives a firm's success. A.Social, Ethical, and Legal Influencs:

2. Creating Value: Marketing's role is to create value for both Defining Ethics:
customers and the firm. By identifying customer needs and
Ethics are the principles and values that guide an individual's
preferences, marketing helps in the development of products
or an organization's behavior. In business, ethics are the
and services that resonate with the target audience.
foundation for building trust, maintaining credibility, and
3. Market Orientation: Firms that adopt a market-oriented fostering healthy customer relationships
approach continuously gather customer feedback and market
Legal Influences:
insights to adapt and innovate, ensuring that their offerings
remain relevant. Legal frameworks set the boundaries for ethical behavior in
business. Violating laws not only has legal consequences but
C. Essentials of a Firm's Marketing Effort:
also damages a company's reputation and customer
1. Segmentation and Targeting: To effectively serve diverse relationships.
customer needs, firms segment the market into smaller, more
Social Influences:
manageable groups and then target these segments with
tailored marketing strategies. Society plays a significant role in shaping ethical standards.
Public perception and societal norms greatly affect how
2. Product Development: Marketing informs product
businesses conduct themselves and the ethical expectations
development by identifying gaps in the market and shaping
placed upon them.
product features and benefits to meet customer expectations.
Ethical Influences:
3. Pricing Strategies: Marketing plays a crucial role in
determining pricing strategies that reflect the perceived value Ethical influences come from various sources, including the
of products or services in the eyes of customers. organization's culture, leadership, and individual values. A
strong ethical culture within a company can positively impact
4. Promotion and Communication: Marketing is responsible
customer relationships.
for creating compelling messages and promotional campaigns
that resonate with the target audience and drive customer B. Management's Social Responsibilities:
engagement.
Economic Responsibilities:
D. Relationship Marketing and the Sales Force:
The first and foremost responsibility of any business is to be
1. Defining Relationship Marketing economically viable. However, this should not come at the
expense of ethical and social responsibilities.
2. Role of the Sales Force
Legal Responsibilities
3. Customization
Adherence to local and international laws is a fundamental
4. Feedback Loop
aspect of social responsibility. Legal compliance is the bare
5. Building Trust minimum for ethical business conduct.

1. Defining Relationship Marketing: Relationship marketing Ethical Responsibilities


extends beyond individual transactions and focuses on building
Ethical responsibilities go beyond the law. They include
long-term customer relationships. It emphasizes trust, loyalty,
treating employees, customers, and stakeholders with fairness,
and customer satisfaction.
honesty, and respect. Ethical businesses build strong and
2. Role of the Sales Force: Personal selling is a cornerstone lasting customer relationships.
of relationship marketing. Salespeople are the face of the
Philanthropic Responsibilities
company and play a vital role in nurturing and maintaining
customer relationships. These go beyond economic, legal, and ethical responsibilities
and involve contributing to the betterment of society through
3. Customization: Salespeople interact directly with
initiatives like corporate social responsibility (CSR) and
customers, allowing them to tailor their approach to individual
philanthropic efforts. Such activities can enhance a company's E. Ethics in Dealing with Salespeople:
reputation and customer loyalty.
1.Fair Compensation and Treatment:
C. What Influences Ethical Behavior?
Companies have an ethical responsibility to provide fair
Personal Values and Beliefs compensation and treatment to their sales teams. Salespeople
should be rewarded based on their performance, not exploited
An individual's ethical behavior is influenced by their personal through unfair compensation models.
values and beliefs. These principles guide decision-making
and behavior in a business context. 2.Truthful Product Information

Organizational Culture Salespeople must provide accurate and truthful information


about the products or services they represent. Misleading
A company's culture, shaped by its leadership and , plays a customers, even if it leads to short-term gains, is unethical and
significant role in influencing the ethical behavior of employees. can harm customer relationships.
A culture that prioritizes ethical conduct is more likely to foster
ethical behavior among its employees. 3.Avoiding Exploitation
Peer Pressure and Norms Management must ensure that salespeople are not pressured
into unethical practices or pushed to meet unrealistic targets
Workplace norms and the behavior of colleagues can either
that encourage unethical behavior.
encourage or discourage ethical behavior. The pressure to
conform to a group's behavior can be strong but must be 4.Ethical Sales Training
aligned with ethical standards.
Companies should provide ethical sales training to equip
Leadership and Role Models salespeople with the skills and knowledge they need to
navigate ethical challenges they may encounter.
Ethical leadership sets the tone for an organization. When
leaders model ethical behavior and decision-making, it can F. Ethics in Dealing with Customers:
positively influence employees and the business's ethical
culture. Honesty and Transparency:

External Pressure and Incentives Ethical behavior in dealing with customers involves providing
honest and transparent information about products and
Ethical leadership sets the tone for an organization. When services. This includes disclosing any limitations or potential
leaders model ethical behavior and decision-making, it can downsides.
positively influence employees and the business's ethical
culture. Respecting Customer Privacy

Chapter 4: Ethics First, Then Customer Relationships Companies must respect customer privacy and protect their
data. Ethical behavior means securing customer information
D. Management's Ethical Responsibilities: and using it only for its intended purpose.
Setting the Ethical Tone: Fair Pricing and Billing:
Ethical leadership is the foundation for an organization's ethical Pricing and billing practices must be transparent and fair.
culture. It is crucial for management to lead by example, Hidden fees, price gouging, or deceptive billing practices are
displaying integrity, honesty, and fairness in all actions. unethical and can damage customer trust.
Ethical Decision-Making: Responsive Customer Service
Management is often faced with difficult decisions. Ethical Ethical behavior extends to customer service. Treating
responsibilities involve making choices that prioritize the long- customers with respect, empathy, and prompt attention to their
term welfare of all stakeholders, not just immediate financial concerns is essential for maintaining positive customer
gains. relationships.
Creating an Ethical Culture:

Management must work to create an environment where ethics


are valued and upheld throughout the organization. This
involves establishing clear ethical standards, providing ethical
training, and encouraging employees to speak up about ethical
concerns.

Monitoring and Enforcement:

Management is responsible for monitoring the organization's


ethical compliance, and when necessary, taking action against
unethical behavior. Ethical violations should be addressed
promptly and fairly.

You might also like