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Lecture Basic Marketing: A global managerial approach - Chapter 15: Personal selling

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In this chapter you will understand the importance and nature of personal selling. Know the three basic sales tasks and what the various kinds of salespeople are expected to do. Know what the sales manager must do including selecting, training, and organizing salespeople to carry out the personal selling job. Understand how the right compensation plan can help motivate and control salespeople.

Chapter 15:     Personal Selling For use with Shapiro, Wong, Perreault, and McCarthy texts Copyright © 2002 McGraw-Hill Ryerson Limited Strategic Planning for Personal Selling Target Market Product Place Personal Selling Number and kind of salespersons needed Selection and training procedure Promotion Advertising Price Sales Promotion Compensation and motivation approach Personal selling techniques Exhibit 15­1 15­2 For use with Shapiro, Wong, Perreault, and McCarthy texts Copyright © 2002 McGraw-Hill Ryerson Limited Basic Sales Tasks ?????? ?????? ?????? ?????? ?????? 15­3 Order-Getting Order-Getting Order-Taking Order-Taking Supporting Supporting For use with Shapiro, Wong, Perreault, and McCarthy texts Copyright © 2002 McGraw-Hill Ryerson Limited Salesforce Structure Major Accounts Telemarketing Sales Territory Sales Force Size 15­4 Focus: Large Customers Focus: Quick, Inexpensive Focus: Geographic Area Focus : Work Load For use with Shapiro, Wong, Perreault, and McCarthy texts Copyright © 2002 McGraw-Hill Ryerson Limited Information Technology and Sales New software and  hardware provide a  competitive advantage  for salespeople in many  industries.  For example,  financial planners can  use sophisticated  software to analyze the  needs of clients in six  keys areas of financial  planning, customizing  their recommendations  for each clients’ unique  situation 15­5 For use with Shapiro, Wong, Perreault, and McCarthy texts Copyright © 2002 McGraw-Hill Ryerson Limited Selecting, Training, and Motivating Job Description Key Components Training Level of Compensation Method of Payment 15­6 For use with Shapiro, Wong, Perreault, and McCarthy texts Copyright © 2002 McGraw-Hill Ryerson Limited Steps in the Personal Selling Process Prospect for new customer Set effort priorities Evaluate needs of established customers Preplan sales call and presentation(s) Make sales presentation Feedback Select target customer Close sale Follow up to establish Follow up to maintain Exhibit 15­3 15­7 For use with Shapiro, Wong, Perreault, and McCarthy texts Copyright © 2002 McGraw-Hill Ryerson Limited Types of Presentation Approaches Prepared Approach Three Presentation Approaches Consultative Selling Approach Selling Formula Approach 15­8 For use with Shapiro, Wong, Perreault, and McCarthy texts Copyright © 2002 McGraw-Hill Ryerson Limited The AIDA Model Attention Interest Desire Action 15­9 For use with Shapiro, Wong, Perreault, and McCarthy texts Copyright © 2002 McGraw-Hill Ryerson Limited ... with Shapiro, Wong, Perreault, and McCarthy texts Copyright © 2002 McGraw-Hill Ryerson Limited Types of Presentation Approaches Prepared Approach Three Presentation Approaches Consultative Selling. .. competitive advantage  for salespeople in many  industries.  For example,  financial planners can  use sophisticated  software to analyze the  needs of clients in six  keys areas of financial  planning, customizing ... Compensation and motivation approach Personal selling techniques Exhibit 15­1 15­2 For use with Shapiro, Wong, Perreault, and McCarthy texts Copyright © 2002 McGraw-Hill Ryerson Limited Basic Sales

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