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Chapter 6. Appointments and Planning the Presentation. Customer-Focused Sales Dialogue. Customer-Focused Sales Dialogue. Sales dialogue occurs over time and includes sales calls and other forms of buyer-seller communication. Sales Calls. Need Discovery. Sales Presentations.
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Chapter 6 Appointments and Planning the Presentation
Customer-Focused Sales Dialogue Customer-Focused Sales Dialogue Sales dialogue occurs over time and includes sales calls and other forms of buyer-seller communication. Sales Calls Need Discovery Sales Presentations Follow-Up; Build More Value Throughout the process, the selling strategy must focus on customer needs and how the customer defines value.
Linking Solutions to Needs Salespeople should strive to communicate to the buyer . . . • How the buyer’s needs will be met or how an opportunity can be realized as a result of a purchase. • How the product/service features translate, in a functional sense, into benefits for the buyer. • Why the buyer should purchase from the salesperson as opposed to a competitive salesperson. • If you talk with your prospect about the things that concern him/her, you’ll always have an attentive listener
Getting the Appointment • Experienced sales representatives try to schedule appointments in advance • Appointments are efficient • Appointments allow customers to see salespeople at their convenience, and to prepare for such meetings if necessary
Important Pre-Approach Information (from previous chapter(s)) Examples include: Client name and pronunciation Risk/type of buying situation Communication style/profile of the buyer (may not be able to assess till several visits) What is the market position of the company Major competitor(s) of the company Industry condition/intelligence Challenges the organization may be facing Company characteristics – size, division, decision makers, etc.
Setting the Appointment • Most commonly used methods: • Telephone • In-person calls • Letters • Email • Third party introductions What are the Strengths and weaknesses of each method?
Third Party Referral • Third party referral is an extension of the referral technique of prospecting • The satisfied customer may be asked not only to supply names of prospects but also to write a note introducing you to that prospect • This technique is particularly effective in industrial (B2B) situations
Today’s Class and Announcements • Put your phones away please!!!!!!!!!!!!!!!! • Finish chapter 6, and start chapter 7 • Project Presentation Schedule – other section and this section • Next Class – Guest Speaker • Chris Gallivan,BBA ‘08 Territory Manager - Peripheral Vascular & Biopsy - NS/NB/PE, Bard Canada Inc. • Wednesday November 14 – Brian Mulroney talk
Canned Presentation Organized Presentation Written Proposal Types of Sales Presentations Little training is required; inflexible/not customizable; difficult to build trust Extensive training is required; customizable; interactive; fosters trust Some training is required; customizable while being written but not once delivered; may be perceived as more credible
Hello ___, My name is _____. I want to tell you about . . . Canned Presentations • Include • Scripted sales calls • Memorized presentations • Automated presentations • Should be tested for effectiveness • Must assume buyers’ needs are the same
Written Presentations • The proposal is a complete self-contained sales presentation • Customer may receive proposal and a follow-up call to explain and clarify the proposal. • Thorough assessment should take place before a customized proposal is written • Common parts to written proposals include: • Executive Summary • Customers needs and proposed solution • Seller profile • Pricing and Sales Agreement • Implementation and timetable
Organized Sales Dialoguesand Presentations • Addresses individual customer and different selling situations. • Allow flexibility to adapt to buyer feedback • Most frequently used format for sales professionals
Sales Dialogue and Presentation Template (Exhibit 6.4) Section 1: Prospect Information Section 2: Customer Value Proposition Section 3: Sales Call Objective Section 4: Linking Buying Motives, Benefits, Support Information and Reinforcement Method
Sales Dialogue and Presentation Template Section 5: Competitive Situation Section 6: Beginning the Sales Dialogue Section 7: Anticipate Questions and Objections Section 8: Earn Prospect Commitment Section 9: Build Value through Follow-up Action
1. Primary objectives (targeted outcome) Establishing Sales Call Objectives 3. Optimal objectives (best possible outcome) 2. Minimum objectives (lowest acceptable outcome) Establishing Sales Call Objectives
Establishing Sales Call Objectives Use “S M A R T” steps to set sales objectives: Specific: Establish a specific, major objective for the sales call. Measurable: Ensure that your major objective is measurable or quantifiable, e.g., a certain number of units or dollar sales volume. Achievable: Make sure the goals you set are realistic and achievable. Relational: Always try to develop a long-term relationship with the prospect even if the major objective on this sales call is not achieved. Why? Temporal: If you can, establish with the prospect a specific timeframe for achieving the major objective.
Common Sales Calls Objectives Ultimately, most sales calls should achieve one or more of three overall objectives: • Generate sales:Sell particular products to target customers on designated sales calls 2. Develop the market:Lay the groundwork for generating new business by educating customers and gaining visibility with prospective buyers 3. Protect the market:Learn competitors’ strategies and tactics and protect relationships with current customers
Approaching the Customer - Sales Presentation Strategy • Three approaches: • Non-product Approach • Consumer-Directed Approaches • Product-related Approaches
Self-introduction Non-Product Related Approaches Mutual acquaintance or reference Dramatic act Free gift or sample Non-Product Related Approaches
Consumer-Directed Approaches Compliment or praise Question Survey Consumer-Directed Approaches
Product or Ingredient Product-Related Approaches Product demonstration Product-Related Approaches
First Impressions • Ask for permission to sit • Never clutter the prospect’s desk without asking for permission • Watch the tone of your voice • Always be courteous but not overly friendly or pushy • Never be presumptuous
Video Clips Look for the following: • Relationships • Buying situation • Approaches to selling and leading-off • Product Considerations • Knowledge • Industry • Ethical considerations • Transition question(s) • Implication questions and Questioning Systems