Professional Documents
Culture Documents
&
THEORIES OF
SELLING
Presented by:
Navya Tandon (190677)
Sarika Nangia (200004)
Tinisha Chhabra (200003)
Introduction
Buying Motives
Theories of Selling
Case studies
Buying Motives
Right set
AIDAS Buying Value Problem
of Maslow’s Team
model of formula added solving Partnering
circumstan Theory selling
selling theory selling approach
ces theory
AIDAS MODEL before giving further details of the product. First few minutes are very important for getting the attention of
the prospects.
OF Step 2: Interest: The second step is to generate the interest of the prospect. The salesperson can
SELLING achieve this either by convincing the prospect with his talk or by handling a sample to the prospect, so
that the prospect can use and feel the product in reality
Step 3: Desire: The next step is to waken a strong desire in the prospect’s mind so that he gets ready
to buy the product. While doing so, there is a possibility that the prospect comes up with certain objections
like price objection, product objection, source objection, money objection etc.
Step 4: Action: After elaborating all the three stages, the salesperson should induce the prospect to
place the order. The action of buying the product is not usual and therefore should be induced. Here,
while doing so, the role of the salesperson is very important as well as critical.
Step 5: Satisfaction: After placing the order, a salesperson aims for building customer satisfaction. The
prospect needs the assurance that he has made a right decision and for that the salesperson is required
to assure the prospect that he has indeed taken the right decision
AIDA MODEL OF ADVERTISING: CASE STUDY
Here is a case study showing how an award-winning hairdressing company, Francesco Salon used the model to launch their new salon.
1. Awareness: Ran a PR campaign four months prior to launch, promoting award, stylists, qualifications etc. and was reinforced through a DM
campaign to targeted customer groups.
2. Interest: Executed a direct mail campaign to offer a free consultation or hair cut and finish. They used research to support that this would work,
as females are loyal if the offer is compelling.
3. Desire: Close to the opening of the new salon, they ran exclusive local launch events which was advertised through local press and social media.
This created a local buzz for 'people wanting an invite' and excited to see the new salon.
4. Action: Clear CTAS were positioned on the Facebook site (call to reserve), the website (call to book) and local advertising (call in to receive
discount or the offer.
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• Seller-oriented theory: “All the circumstances which led to the sales were appropriate for the
RIGHT SET OF sales to have taken place”
CIRCUMSTANCES • Also known as, Situation Response Theory: If the sales person is successful in securing the
THEORY prospect’s attention, maintaining the interest and inducing the desire to buy the product, the
sales will result.
• Internal and External Factors: External factors are the salesperson and the remarks which he
makes during the sales conversation. External factors are controlled by the salesman himself.
However the internal factors are related to the thinking of the prospect and limited to the
prospect himself, and therefore cannot be manipulated by the salesperson.
Response=Desire/Sale
RIGHT SET OF CIRCUMSTANCES THEORY: CASE STUDY
A salesman after securing the attention and interest of Mr. X who is the prospect invites him for a coffee in a nearby shop
where he can be given the sales presentation. Here, the salesman and the invitation to the coffee shop are the external
factors which can be controlled by the salesperson himself.
The internal factors, however, include the thinking of Mr. X, which may not be controlled. The thought process of Mr. X in
this situation can be:
i) To have coffee or not to have coffee.
ii) To have the coffee now or at a later time.
iii) To go out now or not to go out at all.
iv) To go out with the salesman or with someone else
The above mentioned thought processes are internal to the prospect, controlling such internal factors is not possible in
the hands of the salesman.
Therefore, the right set of circumstances theory focuses on the external factors in which the salesman can control himself
and his responses to the prospect. Manipulating the internal factors is out of bound for the salesman.
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• The buyer’s needs or problems receive major attention, and the
BUYING salesperson’s role is to help the buyer to find solutions.
FORMULA • This theory is put to answer the question: “What thinking
THEORY process goes on in the prospects' mind that causes the decision
to buy or not to buy.”
• The theory is based on the fact that there is a need or a
problem for which a solution must be found which would lead to
purchase decision.
• It is one of the simplest models that includes:
Needs(problem)-solution-purchase
• Outcome of the purchase affects the chance that a continuing
relationship will develop between a buyer and a seller:
Satisfaction/
Need or problem Solution Purchase
Dissatifaction
BUYING FORMULA THEORY: CASE STUDY
Mr. X’s family is growing and he is facing problem in travelling by a two wheeler with his family. A salesperson provides him a solution by telling him to
purchase a car. Here, the “product” is the “car”. If the salesperson advices him to buy a car of Maruti Suzuki, then the “brand name” here is “Maruti Suzuki”.
The salesperson is required to make sure that the solution he is giving is adequate to the problem and Mr. X feels pleasant while thinking about the car.
Thereafter, Mr. X purchases the car and derives satisfaction by using the car and by building a relationship with the seller. For a salesperson, the answer to
each selling problem lies in the Buying Formula. There can be differences in the answers which again depend on the differences in emphasis placed on the
elements in the formula.
The differences in emphasis placed on the elements in turn, depend on the circumstances, which can be as follows:
● When a prospect does not feel the need or recognize a problem then the emphasis is placed on the need or problem.
● When a prospect does not think of a product/service while thinking about the need or problem, then the salesperson needs to put the emphasis on
the association between the need and product..
● When a prospect does not think of a brand name while thinking about the product/service, then the salesperson needs to put the emphasis on the
association between the brand name and product.
● When the need or problem, product/service, and brand name are well associated then the emphasis is put on facilitating purchase.
● In case of competition the salesperson needs to put the emphasis on developing the adequacy of the product/service or brand name or both and
pleasant feeling around it.
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• The salespersons, as per this approach collaborate with the buyer and buying
● Caring
● Knowledge
● Listening
● Questions
SALESPERSON CUSTOMER ● Benefits
● Buying Motives
● Create Urgency
● Close the deal
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• When the large buyers or buying companies have some
TEAM SELLING complex needs that cannot be satisfied by one individual
THEORY salesperson, the seller goes for team selling.
• This approach benefits the companies as the team members try
to achieve higher level of satisfaction.
• By using this approach, the salesperson can position their
brand name in a better way.
• Thus, a team of salesperson is constituted with knowledge of
various functional areas, who address the complex needs of the
buyers by working in an integrated and coordinated manner
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VALUE ADDED • A salesperson is required to meet their customer’s expectation.
3 MONTHS FREE INTERNET PACKAGE Value added on Samsung Galaxy Grand Mobile Phone
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PROBLEM • As per this approach, the salesperson acts as consultant or
problem solver.
SOLVING • Their job is to match their product or services to the specific
THEORY needs of customers.
• It becomes easier for a salesperson to sell the product when he
has the information regarding all the competing brands and
products.
• A sales person, who possesses all the information, plays a role
of a problem solver or consultant.
• He first understands the needs or problems of the prospect and
then suggests a product or offers a solution by referring to a
product that meets all the requirements of the both the buyer and
the seller.
PROBLEM SOLVING THEORY: CASE STUDY
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MASLOW’S • Maslow's hierarchy of needs is a motivational theory in
psychology comprising a five-tier model of human needs, often
HIERARCHY depicted as hierarchical levels product within a pyramid.
OF NEEDS • From the bottom of the hierarchy upwards, the needs are:
Physiological (food and clothing),safety (job security), love and
belonging needs (friendship), esteem, and self-actualization.
• Needs at the bottom of the pyramid are basic physical
requirements including the need for food, water, sleep, and
warmth.
• Once these lower-level needs have been met, people can move
on to the next level of needs, which are for safety and security.
• Needs lower down in the hierarchy must be satisfied before
individuals can attend to needs higher up.
MASLOW’S HIERARCHY OF NEEDS: CASE STUDY
BHAAG MILKHA BHAAG
Physiological Needs - Milkha Singh won his first race in the camp in his craving for Milk his basic need for special diet . His first motivation was
reflected by the twinkle in his eyes on announcement of the rewards of winning the race. which suffices the very base of the pyramid physiological
needs
Security Needs - The real dash of the doyen Milkha begun when he had to run to save his life as per the instructions of his father to save himself in
the riots of 1947 and though scary like hell but still it was a motivation where he had no other option except to win to stay alive for the sense of
Security which according to Maslow’s is another step of motivation.
Social Needs - As a contender for race Milkha instantly feels the need for respect and acceptance among his fellow members when he says, "I want
to wear the coat , as the coat begets the respect from all”. The desire to be called Champion Milkha Singh and to wear the Coat of India and to
further prove himself as an eligible contender and earn the badge pumps him to run in race even after the severe injuries which were result of the
dirty internal rivalry of his competitors.. He thus proves that a strong motivation and desire to win needs no boundaries.
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MASLOW’S HIERARCHY OF NEEDS: CASE STUDY
Esteem Needs - After the first three needs have been satisfied, esteem needs become increasingly important. These include the needs for things that reflect on self-
esteem, personal worth, social recognition, and accomplishment.
Once Milkha looses the race at Melbourne summer Olympics which gives him a personal dent .rather than moving into the spiral of depression he sets himself a target to
break the record and retrieve the self esteem and accomplishment in his coming race which he successfully did in 1960 summer Olympics at Rome where Singh’s fourth-
place time of 45.73 became the Indian national record and held for almost 40 years. This was followed by many more wins including multiple Gold Medals in Asian
games and Common wreath games.
Self-actualizing needs- This is the highest level of Maslow’s hierarchy of needs. Self-actualizing people are self-aware, concerned with personal growth, less concerned
with the opinions of others, and interested fulfilling their potential. Though Milkha had loads of political pressure but he initially denied to participate in the Peace games
organised in Pakistan but later went there. He went back to his mother land and overcame his internal pain and fear . Shreds the burden and enlightens himself for the
moment and he fights that race for no one else then himself. That's why its said he didn’t ran he flew that day and earned a title of Flying Sikh for himself. And that states
the ultimate motivation of a person can have Self Actualization. This is the highest level of Maslow’s hierarchy of needs. This motivated state of a person makes himself
aware, indifferent with others opinion and focused on fulfilling their potential. According to Maslow once a person reaches this peak of Pyramid he can be in auto
motivated mode.
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Its Time for a QUIZ!!
Partnering is a technique of:
a. Dedication
b. Detachment
c. Desire
d. Demonstration
“D” of AIDAS model refers to:
Desire
In problem solving approach a salesperson
acts as a:
a. Problem Solver
b. Consultant
c. Both
d. None of the Above
In problem solving approach a
salesperson acts as:
a. Beggar
b. Seller
c. Queen
d. King
Customers are _______ today.
King
When the large buyers are having some complex
needs which are different from personnel effort of
selling, then the role of ________ arises.
Team Selling
Thank You