Professional Documents
Culture Documents
Selling Process
Dr M Manjunath Shettigar
MA (Econ), MBA, MPhil, PhD
Promotion Mix
• The alternative ways of doing product
promotion
• They involve both ‘pull’ and ‘push’ strategies
to promote sales
Elements of Promotion Mix
PERSONAL ADVERTISING
SELLING
SALES
PUBLICITY
PROMOTION
Objectives of Promotion
• To provide information (communicate)
• To stimulate demand (convince)
• To differentiate to generate brand loyalty
(compete)
• To stabilize sales (sustain)
Kinds of promotion
1. Informative promotion
2. Persuasive promotion
3. Reminder promotion
4. Behavior modification promotion
Lavidge & Steiner’s
Hierarchy of effects model
Lavidge & Steiner’s
Hierarchy of effects model
Lavidge & Steiner’s
Hierarchy of effects model
Factors
affecting/determining/influencing
promotion mix
1. Nature of product
2. Nature of market
3. Stage of the product’s life
4. Availability of funds
5. Nature of the technique
6. Promotional strategy – Push/ Pull strategy
7. Readiness of the buyer
Chapter 7
A ATTRACT ATTENTION
I SUSTAIN INTEREST
D CREATE DESIRE
A INDUCING ACTION
AIDA Model
• AIDA
has been extended to
AIDAS
AIDAS Theory of Selling
A ATTRACT ATTENTION
I SUSTAIN INTEREST
D CREATE DESIRE
A INDUCING ACTION
S BUILDING SATISFACTION
Features of Salesmanship
Salesmanship is an art
It is a human/personal service
Art of attracting and persuading
customers
Art of converting desire into necessity
Winning Buyer’s confidence
Customer satisfaction
Establishment of permanent relations
Mutual benefit
Educative process
Basic features of salesmanship
a. Salesmanship involves persuasion of customers:
Salesmanship means the ability to convince the people to buy
his product.
b. Salesmanship involves winning buyer’s confidence: Modern
salesmanship aims at educating the customer and providing a
solution to his problems. This helps in winning his confidence.
c. Salesmanship involves providing information: Salesmanship
is an educative process. It tells customer the ways in which
they can satisfy their needs. Salesman provides information
about products, their broad features and their uses and utility
to the customers.
d. Salesmanship aims at mutual benefit: Salesmanship is a two
way process. It results in benefits not only to the sellers but
also to the buyers. It helps in solving the problems of the
buyers and satisfying their needs. Customer satisfaction leads
to increase the profitable sales volume for the salesman.
Common Personal Selling Techniques
Common personal selling tools and techniques include the
following:
• Sales presentations: in-person or virtual presentations to
inform prospective customers about a product, service, or
organization
• Conversations: relationship-building dialogue with
prospective buyers for the purposes of influencing or making
sales
• Demonstrations: demonstrating how a product or service
works and the benefits it offers, highlighting advantageous
features and how the offering solves problems the customer
encounters
• Addressing objections: identifying and addressing the
concerns of prospective customers, to remove any perceived
obstacles to making a purchase
Common Personal Selling Techniques
• Field selling: sales calls by a sales representative to connect
with target customers in person or via phone
• Retail selling: in-store assistance from a sales clerk to help
customers find, select, and purchase products that meet
their needs
• Door-to-door selling: offering products for sale by going
door-to-door in a neighborhood
• Consultative selling: consultation with a prospective
customer, where a sales representative (or consultant)
learns about the problems the customer wants to solve and
recommends solutions to the customer’s particular problem
• Reference selling: using satisfied customers and their
positive experiences to convince target customers to
purchase a product or service
Suitability of Personal Selling
Relevance or suitability of personal selling
depends on 4 categories of factors.
1. Market conditions
2. Product conditions
3. Company conditions
4. Consumer conditions
Suitability of Personal Selling
• Market situation: Personal selling is effective when a
firm serves a small number of large-size buyers or a
small/local market. Also, it can be used effectively
when an indirect channel of distribution is used for
selling to agents or middlemen.
1. Physical Attributes:
A successful salesman must have pleasing personality sound
health. His job is demanding and his physique should be sturdy,
free from disease and disability. Once should also possess drive
and energy.
2. Mental Attributes:
A good salesman must have a high degree of intelligence and
imagination. He should understand the customer quickly and
read his mind accurately. He requires initiative to make
additional sale and win permanent customers.
QUALITIES OF A SUCCESSFUL SALESMAN
3. Social Attributes:
A salesman has to deal with different types of customers. He
should have the ability to get along with people of all types.
Sociability implies good manners, a liking for people, sense of
humour and conversational ability. Good salesmen need to be
polite, self-disciplined and courteous.
4. Vocational Attributes:
Salesmanship is a highly skilled vocation and requires ambition,
aptitude and enthusiasm. A good salesman needs to have
creative ability, leadership qualities, urge for excellence,
optimism, etc. He must be fully familiar with his firm, its
products and customers, competitors’ products and selling
products.
Managing/ Controlling Salespersons
1. Setting performance standards (sales
quotas/targets)
2. Establishing/ allocating sales territories
3. Control through Reports and Records
4. Personal control – supervising, guiding,
reporting, and so on
5. Sales bulletins
Selling Process
Pre-sale preparation
Prospecting
Approaching
Sales presentation
Demonstration
Handling objections
Closing the sale
Follow-up
Steps in Selling Process
• The process of personal selling consists of the following steps:1
The sales persons must be fully familiar with the product, the
firm, the market and the selling techniques. They should be well
informed about the competitor’s products and the degree of
competition. They should also be acquainted with the
techniques of effective selling and the policies of the firm.