10-1. 10-2 Chapter 9 - The Structure of Sales Presentations.

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Transcript of 10-1. 10-2 Chapter 9 - The Structure of Sales Presentations.

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Chapter 9 - The Structure of Sales Presentations

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Selling Process Buyer’s Mental Steps Prospecting

Preapproach

Follow-up & Service

Approach

Presentation

Trial Close

Determine Objections

Meet Objections

Desire

Conviction

Present Marketing PlanAvailability, Delivery,Guarantee, Merchandising,Installation, Maintenance,Promotion, Training, Warranty

Explain Business PropList Price, Shipping Cost,Discounts, Financing, ROI,Value Analysis

Suggest PurchaseProduct, Quantity, Features,Delivery, Installation, Price

MoneyAuthorityDesire

Action (Purchase)

Attention

Discussion Sequence

PresentationDiscuss ProductPresent Marketing PlanExplain Business PropositionSuggest Purchase

Discuss ProductShow FeatureExplain AdvantageLead into BenefitLet Customer Talk

Interest

Trial Close

Close

Chapter 9 - The Parallel Dimensions of Selling*

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Begin Your Presentation Begin Your Presentation StrategyStrategy

Begin Your Presentation Begin Your Presentation StrategyStrategy

Chapter

Chapter

10

Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin

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Main TopicsMain TopicsMain TopicsMain Topics

The Tree of Business Life: The BeginningWhat is the Approach?The Right to Approach

The Approach—Opening the Sales PresentationTechnology in the Approach

Chapter

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Main TopicsMain TopicsMain TopicsMain Topics

Is the Approach Important? Using Questions Results in Sales Success

Is the Prospect Still Not Listening?Be Flexible in Your Approach

Chapter

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For the Salesperson What Is the Approach?

The time from when the salesperson first sees the buyer to the beginning of the discussion of the product.

AKA – introductions, chit chit and building interest and desire

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The Approach

Could last seconds or minutes and involves:MeetingGreetingRapport BuildingOne of the approach communication techniques

discussed in this chapter

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Caution Salespeople

Take the approach seriously Some feel this is the most important step in

helping someone If unsuccessful, you may never have

opportunity to move into the presentation If you can not tell your story how will you

make the sale? The approach is extremely important

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The Approach Step of the Sales Presentation

Is over when you begin discussing the product itself

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Let’s Summarize! The Salesperson:

Meets Greets Rapport Builds Goes through the approach Discusses the product Discusses the marketing plan Discusses the business proposition Closes – asks for the order

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Approach Categories

Opening with a statement Opening with a demonstration Opening with a question or questions

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Exhibit 10-5: The Approach Techniques for Each of the Four Sales Presentation Methods

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Objectives of Both Statement and Demonstration Approach Techniques

Attention Interest Transition

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The Approach Leads Quickly Into the Sales Presentation

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Exhibit 10-6: Approach Techniques for Opening the Presentation

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Opening With Statements Introductory approach

The most common and least powerful “Hello my name is Bob Smith and I’m with ABC Corp”

Complimentary approach “Mr. Jones, I am so impressed with your staff and the

welcome they gave me at the front desk” Referral approach

The use of another person’s name “Mr. Jones, my name is Bob Smith with ABC and Peter

Cottontail suggested that I contact you concerning our product line.”

Premium approach Works because everybody like to receive something for

free; use of free samples and novelty items

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Demonstration Openings

Product approachSalesperson places product on counter and waits

for a reactionEx – New product shape, color or size (pepsi)

Showmanship approachDoing something to catch the prospect’s attention

or interestSuper glue example

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Most common openersCustomer benefit approach

...reduce your costs by 50%

Curiosity approach…do you know why students can save

tuition?

Opinion approachWhat is you honest opinion about our

product…

Shock approachDid you know that 20% of all business’

are victims of shoplifting?

Opening With Questions

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Four Question Categories

Asking questions is an excellent technique forA. Obtaining information from the prospect

B. Developing two-way communication

C. Increasing prospect participation

D. Catagories:1. Direct – close-ended

2. Nondirective – open-ended (Who, What, When, Where, How or Why

3. Rephrasing – repeating the clients statement in a question format

4. Redirect questions – used to redirect the prospect to selling points

that both parties agree on

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The Direct Question

Can be answered with a few words such as: “Mr. Jones, is reducing manufacturing costs

important to you?” “What kind?” “How many?”

Never phrase as a direct negative or a question that can cut you off Example: “May I help you?”

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The Direct Question Limitations

Does not really tell you much There is little feedback information

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The Nondirective (Or Open-Ended) Question

Begins with who, what, where, when, how, or why “Who will use this product?” “What features are you looking for in a product

like this?”

Its purpose is to obtain unknown or additional information

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The Rephrasing Question Is useful if you are unclear and need to clarify

the meaning of something said “Are you saying that price is the most important

thing you are interested in?” “Then what you are saying is, if I can improve the

delivery time, you would be interested in buying?”

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The Redirect Question Used to change the direction of the conversation –

often from a negative to a positive Imagine you walk into a prospect’s office, introduce

yourself, and get this response: “I’m sorry, but there is no use in talking. We are satisfied with

our present suppliers. Thanks for coming by.”

A redirect question would be: “Wouldn’t you agree that you continually need to find new

ways to increase your company’s sales?”

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Three Rules for Using Questions

1. Use only questions that you can anticipate the answer to or that will not lead you into a situation from which you cannot escape

2. Pause or wait after submitting a question

3. Listen