Professional Documents
Culture Documents
Characteristics
• The basic strategy is reducing product costs and increase profit purposes.
‘If You Built It, They Will Come’
“what we produce, we sell what.”
The Evolution Of Personal Selling 6
Characteristics
• “I will sell anything, just trying to get people to buy anything.”
•
Marketing Orientation (late 19thcentury – present)
The concept that the key to achieving business goals is discovering and
understanding the target market’s needs and desires, and more effective than
its competitors, and salesperson do everything possible to satisfy the needs and
desires of target market.
Characteristics
• Marketing orientation refers to a business or organization based on market
demand to develop a operational plans.
• The corporation’s goal should be to meet the customer’s needs and desires
The Evolution Of Personal Selling 8
•
Consultative Selling
Customer is a person to be served, not a prospect to be sold.
Two-way communication identifies customer’s needs; no high-pressure sales
presentation.
Emphasis on need identification, problem solving, and negotiation instead of
manipulation.
Emphasis on service at every phase of the personal-selling process.
The New Sales Competencies 9
Marketing and industry insight : know the market and the industry
Technology Expertise: New wave in modern business(Zoom, email,
WhatsApp,Facebook, product imaging) .
Time management: Visitations, Telephone calls, emails, prospect
research.
Willingness to learn(Coaching ,training). Use feedback for self
assessment and mechanism for improvement
Behaviors, Characteristics And Skills Of A Successful
Salesperson
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“Time is money”. spend more time on high value sales activities / customers
Create and follow a process; creating a standardized process , time
management software
Improve organization ; use a cloud-based file management system that
keep all your critical sales related files and documents in one place.
Focus on the 20 ; the Pareto principle (also known as the 80/20) “80% of
sales come from 20% of clients.
Start batching things up; group similar tasks together (e.g. email follow-
ups, calls, meetings, CRM work), and dedicate a window of time to each
group.
• Limit multitasking ; Instead of multitasking, consider prioritizing your
sales activities and try to focus on one thing at a time.
Understanding The Psychology Of Selling 23
Zeroing in on customers’ emotional needs instead of highlighting
a product’s value..
Reciprocity
Commitment
Liking
Authority
Social
Scarcity
Unity
Social
Scarcity
Understanding the psychology of selling 24
• With scarcity, the key motivator for the buyer is the fear he or she
will miss out on a unique opportunity. This is the reason sales copies
will often use phrases like “limited time offer.” A person who misses
out on this offer may regret having to pay a higher price later, so
limited-time offers can lead to a spike in sales.
• Compliments
People are quite involved in their lives and very rarely take the time
to compliment someone else. Try complimenting your buyer.
• Staying relevant
Stay in front of your buyer through email marketing campaigns, text
message marketing, newsletters and any other means you can.
Action plans for achieving & surpassing sales target 28
Reduce the length of your sales process. Perhaps the fastest way to do
this is to qualify opportunities consistently through the sales process, and
to follow up more frequently.
Monitor your pipeline. See where you need to focus to stay on track.
Align with people who can bring leads. Make a list of all the people who
interact with your potential prospects and network with them. Create
your own leads group.
Action plans for achieving & surpassing sales target 29
Ask for more referrals. Set a goal for yourself to ask for 2 referrals a week.
Don’t accept the first “no”. Stay fully engaged until you get a definitive “no
thank-you.” Then set an activity to check in with the contact again next
quarter.
Have fun. The more fun you are having, the more your prospects and clients
will want to work with you.
30
Ideal Customer Profile is defined as the type of customer that would benefit
the most from your product or service. Customers that fit your ICP are most
likely to buy and continue to use your product, making them extremely
important for business growth.