Professional Documents
Culture Documents
2.Prospecting
Prospecting means finding or locating the
potential customers. A prospect is a probable
buyer with unmet needs, ability to pay, and
willingness to buy.
Continued…
3.Discovery/Need Assessment
Once the prospect is located, now, sales
representatives has to collect necessary detail
about him. Such detail helps him prepare his
plan for sales presentation. Sales reps collects
adequate information about customer’s nature,
needs, problems, personal habits, preferences,
and other aspects of behaviour.
Continued…..
4.Approach
Now, a sales representative has to seek advance
appointment/permission for personal meet.
Sometimes, he can use phone or send business
(visiting) card to take advance appointment.
In many cases, salesman can directly meet
prospect without advance permission.
Approaching method depends on type of
prospects.
Continued…
5.Pitch/Presentation
This steps calls for a formal presentation of
product. Salesman can do it through a lively and
interesting sales talk as well as a systematic
demonstration of product or offering samples to use
and taste.
Visual device can be used for sales demonstration. He
can produce authentic evidences to prove the
product’s superiority. All queries must be adequately
solved.
Continued…..
• 6.Objection Handling
• Once a sales representative completes his sales presentation,
normally, customer raises objections and place complaints.
Sales representatives must always welcome objections,
interpret them clearly, and remove tactfully.
8. Follow up
Once product is delivered and sales formalities are
completed, it doesn’t mean that sales process has
ended forever. Delivery of product to customer is not
the end, but an event.
The event must be repeated. Salesman-customer
relationship doesn’t end with one transaction, but is
the beginning of long-term relationship.
Sales Ethics: Is There a Code of Ethics for
Marketing and Sales?
Sales ethics refers to a set of behaviors that
ensure that every lead, prospect and customer is
treated with respect, fairness, honesty and
integrity. It means that, as a salesperson or
marketer, you put the people you sell to first.
You respect their choices and opinions instead
of forcing your agenda on them.
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2. Be accountable.
If a problem arises and you were at fault quickly and
truthfully take responsibility.
3. Share clear, truthful information.
When trying to convince a prospect to invest in your
product or service, it is critical you only present honest
information.
Continued….
• 8 Lead by example.
Last, but certainly not least, the most important thing
sales managers can do to uphold ethics is to exhibit
ethical behaviors themselves.
Sales are the lifeblood of any organization and
managing the sales process is one of the most
important functions of any business.