Page 290 - DMGT408DMGT203_Marketing Management
P. 290

Unit 12: Sales Management




          customers, suppliers, resellers, trade association members, various directories, or cold calling  Notes
          (calling unannounced on offices and individual households) etc.

          Pre-approach

          Once the salesperson identifies a set of prospects and customers, the salesperson should try to
          learn as much as possible about the individual or company needs. In case of a company, the
          salesperson should collect as much information as possible about the company’s products,
          competition, market, potential sales volume, the purchase procedure, who is involved in
          influencing purchase decision, who is the final authority for making purchase decision, and
          their personal traits. Salespersons scan company web sites, consult industrial reports, and explore
          acquaintances. Kirk Smith, Eli Jones, and Edward Blair report that properly organised salespersons
          usually develop some system because they have too many demands on their time.
          The salesperson should consider the available facts and set specific call objectives that have
          measurable outcomes. The call objectives may not always be to make a sale. The aim might not
          always be to get an order but it could be to qualify the prospect, information collection, or to get
          a sales order. In selling situations where multiple calls are needed, specific objectives should be
          set for every stage. The salesperson should also determine the suitable approach method and
          time. In certain cases this may require a phone call or a letter first. In some companies,
          telemarketing personnel get an appointment for the salesperson’s call.

          Approach

          It is extremely important for the salesperson to determine how the customer should be greeted.
          The first impression is not just important but crucial to the success of a sales call. The salesperson
          must look and act like a professional.
          A salesperson should select an approach that suits her/his personality and judgement about the
          specific sales situation. Homer B. Smith has recommended different approaches. Some proven
          techniques include:
          1.   Ask Questions: Questions should preferably be relevant to sales presentation.

          2.   Use a Referral: Preferably someone favourably known to the potential customer.
          3.   Offer a Benefit or Service: This can be quite effective if relevant to customer’s need.
          4.   Complement the Prospect: It is a good way to establish rapport if there is anything the
               prospect has achieved.

          Sales Presentation

          Relevant to prospect needs, the salesperson presents the product/service story based on the
          AIDA model (capture attention, hold interest, stimulate desire, and get action). The salesperson
          describes product/service features, their advantages, benefits (economic, technical, service, and
          social or psychological), and the total value prospect gains from making the purchase. James E.
          Lukaszewski and Paul Ridgeway report that: to be effective with the prospect, the salesperson
          should ensure that the sales presentation is clear, concise, and well prepared.
          Salespersons can use different approaches to making sales presentation.

          1.   The oldest method is the stimulus-response theory of learning (sometimes called canned
               presentation). This approach reflects the belief that a customer will buy a product or







                                           LOVELY PROFESSIONAL UNIVERSITY                                   283
   285   286   287   288   289   290   291   292   293   294   295