Title: Selling, Sales Promotion, and Public Relations
1Chapter 15
- Selling, Sales Promotion, and Public Relations
2Chapter Outline
- The Personal Selling Process
- Sales Promotion
- Public Relations
- Publicity
3Selling
- The process of selling products and services to
customers usually involves sales personnel who
interact with customers - Allows you to tailor your presentation to fit the
needs and behavior of individual customers - Can minimize wasted effort, build relationships,
and secure the sale - Is costly
4Selling
- Remember there is more to selling than getting
the sale its all about relationship building!
5Indicators of Sales Aptitude
- High Persuasiveness
- Follow Instructions
- Sociability
- Good Reputation/Highly Recommended
- Obvious Ambition
- Enthusiasm
- Well Organized
- High Verbal Skills
6The Nature of Sales Jobs
- Professional salespeople Managers of a
territory, with complete responsibility for
relations with their customers. - Other sales jobs
- Driver salesperson
- Inside ordertaker
- Outside ordertaker
- Missionary salesperson
- Sales engineer
- Consultative salesperson
7Changing Patterns in Sales
- The nature of the sales job is changing,
reflecting changing market situations - Team selling
- Systems selling
- Global sales teams
- Relationship selling
- Telephone and Internet selling
- Sales force automation
8Steps in the Personal Selling Process
- Prospecting
- Pre-approach
- Approach
- Making the presentation
- Overcoming objections
- Closing the sale
- Follow up
9The Sales Process
10Prospecting
- Creating your list - how can you do this?
- Suspectqualified..prospect
11Pre-approach
- Thorough assessment before contact -homework!!!
12Approach
- The First Impression
- Deliver value
- Cold Calls are still done but they are not very
effective. Why? - What is a better way?
13Making the Presentation
- Grab attention
- Hold attention
- Involve the customer
- Demonstrate
- LISTEN!!!!!!!
- Be Flexible!!!
14Overcoming Objections
- LOOK for them! Why???
- Handle objections when they arise.
- Always check/confirm that the objection has been
removed and the customer is satisfied.
15Ask for the Sale - Close!
- Trial close - checking for unresolved issues
- Link features to customer benefit
- Cover the bases and when you feel comfortable
that the customer is comfortable..ask for the
order and say nothing.. Just look into the eyes
of the customer!
16Follow upbuild the relationship!
- Successful follow up is easybut be prepared!!
- Unsuccessful follow up is essential.and never
easy!
17Trust-building Process
- Assessing the relationships value
- Developing confidence in predicting the sellers
behaviour - Assessing the sellers ability to meet commitments
- Evaluating the sellers motivation
- Trust in the firm and the salespersons
relationship to the firm
18The ultimate decision to buy
- Trust in the firm
- Trust in the salesperson
- Other opinions
- Details negotiated price,delivery, product,
service
19Managing a Sales Force
- Staffing is a critical sales-force decision ?
Must ensure that staff are qualified. - Firm needs a system to generate applicants.
- Recruitment often involves extensive screening.
- Extensive sales force training is often needed.
- The sales force must be supervised and managed.
- Their performance has to be evaluated.
- Compensation systems must be put in place
20Sales Promotion
- Demand - stimulating devices designed to
- supplement advertising
- facilitate personal selling
21Sales Promotion Targets
- Intermediaries
- Sales Force
- End users householders or businesses
22Sales Promotion can be used together with...
- Advertising or personal selling
- In-store display uses ad slogan/logo (encourages
dialogue) - win a. mailing list or call contact list
232 Categories of Sales Promotions
- Trade - directed towards members of the
distribution channel - 21 Trade promotion Advertising
- Consumer - directly at consumer
- 11 Consumer promotion Advertising
24Types of Sales Promotion
- Coupons
- Cash Rebates
- Premiums (gifts)
- Free samples
- Contests
- Sweepstakes
- Point-of purchase displays
- Product demonstrations
- Trade Shows and exhibitions
- Advertising specialties
- Advertising allowances
- Free goods
- Sales meeting
- Others??
25Sales Promotion Techniques
26Sales Promotion Popularity
- Produce quick, measurable results (threat to
brands future - Competitive leverage - to retaliate against
competitive lines - Buyers expect them today
- Product displays/samples - work effectively at
point of purchase
27Managing the Sales Promotion
- Problem usually
- Stop-gap
- Short-run
- Tactics
- Need it nowdo it now
283 General Objectives of Sales Promotions
- Stimulate business user/ household demand
- Improve performance of intermediaries and sales
force - Supplement advertising and facilitate personal
selling
29Specific Objectives of Sales Promotion
- Gain product trial (free sample in mail)
- Disrupt existing buying habits (large discount
can change ones mind) - Attract more customers (new deposit, win
mortgage)
- Encourage greater use (Triple/quad points ie. Air
Miles Card) - Retaliate directly to competitors diversion
- Increase impulse buying
- Get retailer cooperation
30If the Objective is to..
- Increase sales - coupons, cash rebates, free
samples and premiums (pull strategy) - Protect market share - work to improve retailer
performance through point-of-purchase displays
and advertising allowances (push strategy)
31Factors that Influence the Choice of Promotional
Items
- Nature of the target audience (loyal customers -
high value coupon) - Nature of product
- Cost of item
- Current economic conditions (coupons best in
recession/inflation)
32Public Relations
- Influence favorable attitude towards
- an organization
- its products
- its policies
33Publicity
- Any communication about
- an organization
- its products
- its policies
- NOT paid for by the operation
- speech
- interview
- article
34Benefits vs. Limitations
- Very credible
- Low to no cost
- Timely
- No control
- Limited exposure