session 9 (approach presentation)
TRANSCRIPT
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Carefully Select Which Sales
Presentation Method to Use
-Approach
By Arijit Santikary
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The Sales Presentation
Completely and clearly explains all aspects of
the salespersons proposition as it relates to a
buyers needs
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There are Several Sales Presentation Methods and
You Must Select One According to Your:
Prior knowledge of the customer
Sales call objective
Customer benefit plan
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The Third Step in the Sales Process
is the First Step in the Sales Presentation
The sales presentation method
determines how you open your
presentation
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Sales Presentation Strategy
Salespeople face numerous situations
Salesperson to buyer
Salesperson to buyer group
Sales team to buyer group
Conference selling
Seminar selling
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The Structure of Sales Presentations
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Participation Time by Customer and Salesperson During a
Memorized Sales Presentation
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Why Choose the Memorized (Canned) Sales
Presentation Method?
Because it:
Ensures the salesperson gives a well-planned
presentation
Ensures all of the companys salespeople discuss the
same information
Both aides and lends confidence to the inexperienced
salesperson
It is effective when: Selling time is short, as in door-to-door or telephone
selling
The product type is non-technical such as books,
cooking utensils, or cosmetics
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Because it:
Presents FABs that may not be important to the buyer
Allows for little prospect participation
Is impractical to use when selling technical products thatrequire prospect input and discussion
Requires the salesperson to proceed quickly through the
sales presentation to the close, resulting in several closes
or requests for the order, which may be interpreted by the
prospect as high pressure selling
Why Not to Choose the Memorized (Canned)
Sales Presentation Method?
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Dyno Electric Cart Memorized Presentation
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Dyno Electric Cart Memorized Presentation
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Participation Time by a Customer and Salesperson During a
Formula Sales Presentation
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Why Choose the Formula Sales
Presentation Method?
Because you:
Are contacting similar prospects in similar
situations
Know something about the prospect
Have called on the prospect in the past
Want to ensure all information is presented
logically Want to have reasonable amount of buyer-seller
interaction
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Why Choose the Formula Sales Presentation
Method?, cont
Because it allows for smooth handling of
anticipated questions and objections
Examples of product types that work well with
this method are:
Consumer goods
Pharmaceutical goods
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Why Not to Choose the Formula Sales
Presentation Method?
Because you:
Do not know the prospects needs
See a need for the prospect to talk more
Have a complex selling situation such as:
Selling a technical product
Selling to a group
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The 10-Step Productive Retail Sales Call,
cont...
Step Number
1. Plan the call
2. Review plans
3. Greet personnel
4. Check store
conditions
5. Approach
6. Presentation
7. Close8. Merchandising
9. Records and reports
10. Analyze the call
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The 10-Step Productive Retail Sales Call
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A Formula Approach Sales Presentation
P i i i Ti b C d S l D i N d S i f i
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Participation Time by Customer and Salesperson During Need-Satisfaction
and Problem-Solution Sales Presentations
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Why Choose the Need-Satisfaction Sales
Presentation Method?
Because you:
Need a flexible, interactive sales presentation
Need to uncover needs by asking questions
Need the prospect to talk about his needs
Use this method the first time you call on a
prospect
Should you have to come back a secondtime, you would use the formula sales
presentation method
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Why Choose the Need-Satisfaction Sales
Presentation Method?, cont
Examples of product types that work well
with this method are:
Financial services
Systems
High priced goods/services such as vehicles, real
estate, computer systems, industrial equipment
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Why Not to Choose the Need-Satisfaction Sales
Presentation Method?
Because you:
Need more control over the conversation
Feel should not ask too many questions
Are new to the sales profession
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The Need-Satisfaction Presentations
Phases
Need-development phase
Need-awareness phase
Need-fulfillment phase
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A
Need-Satisfaction Presentation
A
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A
Need-Satisfaction Presentation
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Why Choose the Problem-Solution Sales
Presentation Method?
Because you:
Are selling highly complex or technical products
Are required to make several sales calls to develop
a detailed in-depth analysis of a prospects needs
Need a flexible, customized presentation based on
findings
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The Problem-Solution Presentations Six
Steps
Step 1 - Convincing the prospect to allow thesalesperson to conduct the analysis
Step 2 - Making the actual analysis
Step 3 - Agreeing on the problems and determiningthat the buyer wants to solve the problem
Step 4 - Preparing the proposal for a solution to theprospects needs
Step 5 - Preparing the sales presentation based onthe analysis and proposal
Step 6 - Making the sales presentation
h h i h d?
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What Is the Best Presentation Method?
Memorized Formula
Need-satisfaction
Problem-solution
Each of these
methods is the bestone when properly
matched with the
situation
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The Group Presentation
Either you or your team presents the proposal
to a group of decision makers.
The flexibility of the presentation depends on
size:
The larger the group, the more structured your
presentation
You can structure the presentation and provide aquestion-and-answer period at the end or during
the presentation
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The Group Presentation Cont
Give a proper introduction
State your name, company, and proposal
Establish Credibility
Give a brief history of your company
Provide an Account List
Have copies of an account list available
State your Competitive Advantages Tell the group where your company stands relative
to the competition
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The Group Presentation Cont
Give Quality Assurances and Qualifications
State Guarantees in the beginning
Cater to the Groups Behavioral Style
Determine the overall dominant style in order to holdtheir attention
Get people involved
The proposal
No prices
Summarize Benefits
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Negotiating So Everyone Wins
There are many negotiating styles-
Cooperative
Competitive
Attitudinal Organizational
Personal
The experienced sales person will negotiate ina way that achieves satisfaction for bothparties
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Negotiating So Everyone Wins Cont
Phases of Negotiation
Planning- know how your company compares with
the competition.
Meeting- build a relationship that eases thenegotiation process.
Studying- look for benefits you can provide.
Proposing- What you do in the presentation setsthe stage for what may come later.
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Sales Presentations Go High Tech
Videos
CD-ROMs
Satellite conferencing
Computer hardware and software
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Select the Presentation Method, Then the
Approach
Know which method to use before developing
the presentation
Plan the presentation
Select the approach/opening
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Selling Process Buyers Mental Steps
Prospecting
Preapproach
Follow-up & Service
Approach
Presentation
Trial Close
Determine Objections
Meet Objections
Desire
Conviction
Present Marketing Plan
Availability, Delivery,Guarantee, Merchandising,
Installation, Maintenance,
Promotion, Training, Warranty
Explain Business Prop
List Price, Shipping Cost,
Discounts, Financing, ROI,
Value Analysis
Suggest Purchase
Product, Quantity, Features,
Delivery, Installation, Price
MoneyAuthorityDesire
Action(Purchase)
Attention
Discussion Sequence
Presentation
Discuss Product
Present Marketing Plan
Explain Business Proposition
Suggest Purchase
Discuss Product
Show Feature
Explain Advantage
Lead into Benefit
Let Customer Talk Interest
Trial Close
Close
The Parallel Dimensions of Selling*
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The Golden Rule Makes Sense
Its use sets you apart from all of the other
salespeople who only want to make a sale and
a fast dollar
Treat your prospects and customers as your
business neighbors