In which step of the selling process does a salesperson or company identify qualified potential customer? Chi Tiết

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Read this section to learn about the sales force. Pay attention to the different sales ads, the types of selling, techniques used, and the selling process as a whole.




  • Personal Selling and the Marketing Communication Mix

  • What steps involve identifying and qualifying potential customers?

  • What are the 7 steps of the selling process?

  • Which of the steps of the selling process is the most important to the customer?

  • What are the 5 stages of the sale process?


Personal Selling and the Marketing Communication Mix


The Selling Process



To better understand the job of a salesperson and how it should be managed, the

selling process can be broken into a series of steps. Each step in the process may not be required to make every sale, but the salesperson should become skilled in each area in case it is needed. The steps are shown in Figure 8.7.















Prospecting

Preapproach

Planning the presentation

Delivering the presentation

Handling objections

Closing

Follow-up

FIGURE 8.7 The selling process: steps involved





Prospecting Prospecting is defined as the seller’s search for, and identification of, qualified potential buyers of the product or service. Prospecting can be thought of as a two stage process: (1) identifying the individuals and/or the organizations that might be prospects, and (2) screening potential prospects against evaluative qualifying criteria. Potential prospects that

compare favorably LO the evaluative criteria can then be classified as qualified prospects.


Preapproach After the prospect has been qualified, the salesperson continues to gather information about the prospect. This process is called the preapproach. The preapproach can be defined as obtaining as much relevant information as possible regarding the prospect prior to making a sales presentation. The knowledge gained during the preapproach allows the tailoring of the

sales presentation to the particular prospect. In many cases, salespeople make a preliminary call on the prospect for the purpose of conducting the preapproach. This is perfectly acceptable, and most professional buyers understand that such a call may be necessary before a sales presentation can be made.


Planning the Presentation Regardless of the sales situation, some planning should be done before the sales presentation is attempted. The amount of planning that

will be necessary and the nature of the planning depend on many factors, including: (1) the objective or objectives of the presentation, (2) how much knowledge the salesperson has regarding the buyer, buyer needs, and the buying situation, (3) the type of presentation to be planned and delivered, and (4) the involvement of other people assisting the salesperson in the sales presentation. Careful planning offers advantages for both the salesperson and the buyer. By carefully planning the

presentation, salespeople can: (1) focus on important customer needs and communicate the relevant benefits to the buyer, (2) address potential problem areas prior to the sales presentation, and (3) enjoy self-confidence, which generally increases with the amount of planning done by the salesperson. In planning the presentation, the salesperson must select the relevant parts of their knowledge base and integrate the selected parts into a unified sales message. For any given sales situation, some

of the facts concerning the salesperson’s company, product, and market will be irrelevant. The challenge to the salesperson is in the task of distilling relevant facts from the total knowledge base. The key question here is, “What information will the prospect require before they will choose to buy my offering?”


Delivering the Presentation All sales presentations are not designed to secure an immediate sale. Whether the objective is an immediate sale or a future sale, the

chances of getting a positive response from a prospect are increased when the salesperson: (1) makes the presentation in the proper climate, (2) establishes credibility with the prospect, (3) ensures clarity of content in the presentation, and (4) controls the presentation within reasonable bounds.




Handling Objections During the course of the sales presentation, the salesperson can expect the prospect to object to one or more points made by the salesperson. Sales

objections raised by the prospect can be defined as statements or questions by the prospect which can indicate an unwillingness to buy. Salespeople can learn to handle customer’s objections by becoming aware of the reasons for the objections. The objections of customers include objections to prices, products, service, the company, time, or competition. The reasons for objections include that customers have gotten into the habit of raising objections, customers have a desire for more

information, and customers have no need for the product or service being marketed. Salespeople can overcome objections by following certain guidelines including viewing objections as selling tools, being aware of the benefits of their product; and creating a list of possible objections and the best answers to those objections.


Closing To a large degree, the evaluation of salespeoples’ performance is beset on their ability to close sales. Certainly, other factors are

considered in evaluating performance, but the bottom line for most salespeople is their ability to consistently produce profitable sales volume. Individuals who perform as salespeople occupy a unique role: they are the only individuals in their companies who bring revenue into the company.


There may be several opportunities to attempt to close during a presentation, or opportunity may knock only once. In fact, sometimes opportunities to close may not present themselves at all and the

salesperson must create an opportunity to close. Situations where a closing attempt is logical include:


  1. When a presentation has been completed without any objectives from the prospect.

  2. When the presentation has been completed and all objections and questions have been answered.

  3. When the buyer indicates an interest in the product by giving a closing signal, such as a nod of the head.

Follow-up To ensure customer satisfaction and maximize

long-term sales volume, salespeople often engage in sales follow-up activities and the provision for post-sale service. If a sale is not made, a follow-up may eventually lead to a sale.




What steps involve identifying and qualifying potential customers?


Prospecting

Prospecting involves finding and qualifying potential buyers or clients. At this stage, you determine whether your prospective customer has a particular need or want that your business can fulfill. You might also decide on varying factors such as affordability.

What are the 7 steps of the selling process?



The 7 step selling process comprises:.

Prospecting and qualifying..

Preparation/pre-approach..

Approach..

Presentation..

Overcoming objections..

Closing the sale..

Follow-up..


Which of the steps of the selling process is the most important to the customer?


The Needs Assessment

This is arguably the most important step of the sales process because it allows you to determine how you can truly be of service. To be a highly effective salesperson, that is to sell to the prospect’s needs, you first have to understand what those needs are.

What are the 5 stages of the sale process?



What are the 5 steps of the sales process?.

Approach the client. … .

Discover client needs. … .

Provide a solution. … .

Close the sale. … .

Complete the sale and follow up..


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Personal selling process

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