session 9 (approach presentation)

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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