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selling skills


Direct Sales Training AWB Bank



             By
      Mohamed Abdelnaby
Agenda
  • Introduction
  • Part A Selling Skills
  • Activities 1 (Stress Management Assessment)
  • Part B Sales Call
  • Activities 2 ( Videos and Role plays)
  • Part C Build Relationships and Sales Behaviors
  • Activities 3 ( Behavior Change Contract Assessment)
  • Part D Negotiations Skills
  • Activities 4 ( Exercises on Negotiations Process And
     BATNA Cycle )
Introduction
Remember, salespeople aren't born, they're made
Part A Selling Skills
  Why Learn About Personal Selling?

 The principles of selling are           Personal selling is a
  useful to everyone, not just            person-to-person
                                          business activity in which
  people with the title of                a salesperson uncovers
  salesperson.                            and satisfies the needs of
                                          a buyer to the mutual,
 Developing mutually                     long-term benefit of both
  beneficial, long-term                   parties.
  relationships is vital to all of
  us.
 People in business use selling
  principles all the time.



                               Part A-1
Communication Methods




            Part A-2
Communication Methods (continued)




                   Part A-3
Successful Salespeople



 Self-motivated
 Ethical sales behavior
 Customer and product
  knowledge
 Ability to use information
  technology
 Communication skills




                       Part A-4
Successful Salespeople (continued)




 Flexibility and agility
 Creativity
 Confidence and optimism
 Emotional intelligence




                            Part A-5
Activities 1
Stress Management Assessment
Reading Nonverbal Messages
                 from Customers


                  Body angle
                  Face
                  Arms
                  Hands
                  Legs


Positive                              Underlying tension
                Power and authority




                        Part A-6
Nonverbal Reactions to Presentation




               Part A-7
Sending Messages with Nonverbal
Communication



            Using body language

              • Muscles of face
              • Eye contact
              • Hand movement and
                hand shaking
              • Posture and body
                movements




                Part A-8
The Role of Space and
  Physical Contact




        Part A-9
Appearance



   Consider the geography
     •   The temperature
     •   The local cultural norms
   Consider your customers
     •   Their appearance
     •   Their expectations of your appearance
   Consider your corporate culture
     •   Norms for your industry
   Consider your aspirations
     •   Top levels of your organization
     •   Dress above your position
   Consider your own personal style
     •   Wait until you have the halo effect
     •   Be reasonable



                                    Part A-10
Communicating via technology




 Face-to-face conversation
   • 40 percent: words
   • 10 percent: voice
   • 50 percent: nonverbal communications
 Telephone
   •   Practice
   •   Prepare
   •   Don’t be rushed
   •   Smile as you talk
   •   Active listening
   •   Set objectives
   •   tone




                            Part A-11
Communicating via technology (continued)



       “Old” Model of Selling


                 10%
               Developing
                 Trust

                 20%
               Qualifying


                 30%
         “Selling” (Presenting)


                 40%
                Closing


                    Part A-12
Communicating via technology (continued)



       “New” Model of Selling


                 40%
     Developing Trust and Rapport

                 30%
          Defining Needs &
              Problems

                 20%
         Describing Features &
                Benefits

                  10%
                Closing



                       Part A-13
How outside order-getting salespeople
    spend their time each week




                 Part A-14
E-Mail Communication



   Use strong subject lines
   Put important information in the first few lines
   Be aware of the ―tone‖ of your email
   Learn customer preferences for email
   Avoid sending long emails and large attachments
   Don’t deliver bad news via email
   Best time to send an e-mail and get it read:




                          Part A-15
Adjusting for Cultural Differences



 Salespeople need to recognize that business
  practices differ around the world
 Terms have different meanings
 Time perception


    Low-context cultures
    Most of the                        High-context cultures
    information that                   More information is
    flows between buyer                contained in factors
    and seller is in the               surrounding the
    spoken words                       communication.
    themselves.




                           Part A-16
Outlined Presentation



   Prearranged presentation that usually includes:

     • Standard introduction
     • Standard Q&A
     • Standard method for getting the customer to
       place an order
   Effective because it is well organized




                                  Part A-17
Customized Presentation




   Analyze what the customer's needs
   Organize the content of your sales presentation to gain
    the attention of the customer and create maximum
    impact
   improve your delivery skills, especially presentation
    techniques.
   Design and use a wide range of visual aids that are
    appropriate to various selling situations .
   Interact with customers throughout the sales
    presentation and handle sales objections that may
    arise.




                                 Part A-18
Knowledge Management



 Product and company
  knowledge
  • Salespeople need to have a lot of
    information about their products,
    services, company, and
    competitors.
 Knowledge about sales
  situations and customers




                        Part A-20
Knowledge Management (continued)



 How to create knowledge
   • Top company salespeople
   • Feedback from sales managers
 Other sources of knowledge
   •   Web
   •   Company sales manuals and newsletters
   •   Sale meetings
   •   Plant visits
   •   Business and trade publications
   •   Competitor displays at trade shows
   •   Viewing competitor’s Web pages




                               Part A-21
Video
Activities 2 (Assess Your Own
      Skills Assignment)
Part B Sales Call




What to know before every sales
            call?




              Part B-24
The Planning Process




        Part B-25
Controlling Style and Tone


         Write the plan first
         Choosing strong words you will say
         Select active voice
         Straight forward
         Pay attention to tone


 Use a Conversational Tone

       Business messages:
          Avoid obsolete or pompous language
          Be careful with intimacy
          Use humor carefully




                                      Part B-25
Pre-call Information


   Good pre-call planning enables you to learn about a prospective
    customer’s (concerns, business agenda, budget requirements) and
    key decision makers before the sales call.

   3 Steps To Pre-Call Planning Success:

   1. Find the best sources:
         Be aware of all the sources available to you—industry
    associations, company Web sites, news outlets, online business
    information resources …etc.
   2. Find out what you want to find out:
•         Know what you’re looking for before you start looking for it. By
    asking yourself key questions.
   3. Find ways to find information faster:
•          Once you’ve identified what you need to know about your
    prospect, learn how to mine your sources of information quickly and
    efficiently.




                                  Part B-26
Simple Key Questions for Pre-Call Planning


•   What are the company’s/industry’s top business concerns
•   right now?
•   How is the company positioned to handle those issues?
•   Who are the key decision makers?
•   What is my prospect’s market strength?




                                 Part B-26
The Prospect/Customer as an Individual



 Personal
   •   Name (including pronunciation)
   •   Family status
   •   Education
   •   Aspirations
   •   Interests and disinterests
   •   Social style




                             Part B-27
The Prospect’s/Customer’s Organization



   Demographics
    •   Type of organization
    •   Size, number of locations
    •   Products and services offered
    •   Financial position and its future
    •   Overall culture of the organization
   Prospect’s customers
    •   Types
    •   Benefits they seek from the prospect’s products and services
   Prospect’s competitors
    •   Who they are
    •   How they differ in their business approaches
    •   Prospect’s strategic position in the industry




                                   Part B-28
The Prospect’s/Customer’s Organization
                   (continued)


 People involved in the purchase decision
   • How they fit into the formal and informal organizational
     structure
   • Their roles in this decision
   • Who is most influential
   • Any influential adversaries
   • Current problems the organization faces
   • Stage in the buying cycle
 Policies and procedures
   • About salespeople
   • About sales visits
   • About purchasing and contracts




                             Part B-29
Setting Call Objectives


 Review what has been learned from precall
  information gathering
 Understand what relationship the firm wished to
  have with the prospect
 Call objectives should be developed while taking into
  account:
   • The firm’s goals
   • The sales team’s goals
   • The salesperson’s goals
 If you don’t know where you’re going, you may wind
  up somewhere else




                           Part B-31
Criteria for Effective Objectives


 All objectives should be:
   • Specific
   • Realistic
   • Measurable
 Set objectives that require a buyer’s response
 SMART
   •   Specific
   •   Measurable
   •   Achievable
   •   Realistic
   •   Time-based




                          Part B-32
Setting More than One Call Objective




                                  Minimum call
Primary call                      objective
objective
                                  The minimum a
The actual goal                   salesperson
the salesperson                   hopes to achieve.
hopes to achieve.




                    Optimistic call
                    objective                   Secondary call
                                                objectives
                    The most
                    optimistic                  Remaining
                    outcome the                 objectives after
                    salesperson thinks          the primary
                    could occur.                objective.




                                 Part B-33
Setting Objectives for Several Calls



   Keep good records
   Make necessary adjustments in long-term call objectives
   Prepare for the next sales call
   A good primary objective for a first session is to have another
    chance to visit
   Consider whom to call on in upcoming meetings




                                 Part B-33
Buyers are Setting Goals Also



 What buyers look for to increase value:
   •   On-time delivery
   •   To-spec quality of products
   •   Competitive pricing
   •   Proper packaging/paperwork
   •   Technical support service
   •   Quality of sales calls
   •   Level of technological innovation
   •   Good emergency response




                              Part B-34
Making an Appointment




 The right person
   • Focus of receptivity
   • Focus of dissatisfaction
   • Focus of power
 The right time
 The right place




                                Part B-35
Telephoning for Appointments



   Most often used to make the initial appointment
   The goal is to make the appointment, not sell the product or
    service
   Salespeople need to anticipate objections and decide exactly how
    to respond




                                 Part B-37
Additional Planning



   Plan how to make a good impression
   Plan how to further uncover the customer’s needs and strengthen
    the presentation
   Plan to answer anticipated questions and concerns
   Practice
   Seeding




                                Part B-38
Essential Elements of the Sales Call


           Video




                Part B-39
Building Credibility During the Call



    Establish your credibility

   Honesty and objectivity
   Awareness of Customers needs
   knowledge, expertise
   Confidence and performance
   Communication style
   Sincerity




                                 Part B-40
Building Credibility During the Call (continued)



   Demonstrate product expertise
   Keep it simple
   Be willing to say, ―I’m sorry, I was wrong on that,‖ or ―I don’t
    know the answer to that, but I’ll get it to you.‖
   Never use a word unless you know the exact definition




                                  Part B-41
Build Company Image



   Be a spokesperson
   Promote company interests
   Follow company guidelines
   Observe experienced for your Company
   Ask for assistance
Video

 1
 2
 3
Activities 2 Role plays
Part C Build Relationships and Sales
              Behaviors




    HOW TO BUILDING THE RELATIONSHIPS?




                    Part C-42
Stages in the personal selling process




          Identify




Contact              Meet                 Propose




                              Make Sale
Stages in the personal selling process




                    Part C-43
Stages and objectives of the personal selling process




                           Part C-43
Steps in the Buying Process




            Part C-44
Two-Way Flow of Information




 The sender                       The receiver
 (seller) encodes                 (buyer) decodes
 a message.                       the message.




Who then becomes…               Who then becomes…




 The receiver                     The sender
 (seller) then                    (buyer) who
 decodes the                      encodes a reply
 buyer’s message.                 message.




                    Part C-49
Very First Impressions


 Making first impression usually results in a
  prospect who is willing to listen
 How you dress
 How you look
    • Be confident
    • Smile
   Modify behavior based on prospect’s state
   Customer’s name
   Video First Impressions 1
   Video First Impressions 2




                        Part C-50
Making a Good Impression (continued)


 Developing a rapport
   •   Should be the goal of every salesperson
   •   Small talk
   •   Office scanning
   •   Consider cultural and personality differences
   •   Share goals or agenda
 When things go wrong
   • Maintain the proper
     perspective and a sense
     of humor
   • Apologize
   • Think before you speak




                                Part C-51
Identifying the Prospect’s Needs: The Power of
                   Asking Questions


   After buyer’s attention, it is time to identify the buyer’s needs
   Use transition sentences
   Don’t be surprised if the buyer is reluctant to provide confidential
    information
   Discovering needs is part of qualifying the prospect




                                      Part C-52
Discovering the Root Cause of the Need




                 Part C-53
Asking Open and Closed Questions


 Open questions require the prospect to go
  beyond a simple yes-or-no response
 Closed questions require yes, no, or short ―fill-in-
  the-blank‖ type response
 In most cases salespeople need to ask both open
  and closed questions
 Summarize the prospects needs




                          Part C-54
Offering Value: The Solution to the Buyer’s Needs



 Relating features to benefits
   • Feature: quality or characteristic of the product or service
   • Benefit: the way in which a specific feature will help a
     particular buyer
   • FEBA (feature, evidence, benefit, agreement)




                             Part C-57
Assessing Reactions


   Using nonverbal cues
   Verbal probing
    •   Allows the salesperson to stop talking and encourages two-way
        conversation
    •   Lets the salesperson see whether the buyer is listening and
        understanding what is being said
    •   May show that the prospect is
        uninterested
   Making adjustments
    •   Changing direction
    •   Collecting additional information
    •   Developing a new sales strategy
    •   Changing the style of presentation




                                   Part C-57
Selling to Groups


   Groups behave like groups, with group standards and norms
    and issues of status and group leadership.
   Salespeople should discover (for each prospect group
    member):
    •   Member status within the group
    •   Authority
    •   Perceptions about the urgency of the problem
    •   Receptivity to ideas
    •   Knowledge of the subject matter
    •   Attitude toward the salesperson
    •   Major areas of interest and concern
    •   Key benefits sought
    •   Likely resistance and ways to handle it




                                   Part C-58
Selling to Groups (continued)



 Salespeople should also discover the ego
  involvement and issue involvement of each group
  member
 Develop objectives and plan
 Learn the names of group members and use them
  when appropriate
 Listen carefully and observe
  all nonverbal cues




                          Part C-59
The Goal is to Build Relationships and Sell Value



 Proper attitude is shown by:
   • Answering sincerely
   • Welcoming objections
 Salespeople must assume the attitude of helper,
  counselor, and adviser.
 Objections present sales opportunities
 Don’t argue; listen and understand




                            Part C-60
Value: The Relationship Between Costs and
                 Benefits




                  Part C-61
Behaviors of Successful Salespeople



   Anticipate objections

     • Prepare helpful responses
   Forestall known concerns

     • Raise objections before
       buyers have a chance
       to raise them
                                           Forestall
     • Very important in                   Prevent by doing
                                           something ahead of
       written proposals                   time.




                               Part C-62
Dealing With Tough Customers


 Sellers need to maintain a
  positive attitude, even with
  rude, hard-to-get-along with
  prospects
 The buyer’s culture often
  dictates their response to a
  seller




                         Part C-64
How to Successfully Obtain Commitment



   Maintain a positive attitude
   Let the customer set the pace
   Be assertive, not aggressive
   Sell the right item in the right amounts




                                   Part C-65
Bringing the Interview to a Close


   Most sales take several calls to complete
   Leave with a clear plan for all parties

     • Review what you will do next
     • What the customer will do next
     • When you will meet again
   Follow-up promptly with a thank-you and reminder note




                                         Part C-68
Activities 3 Behavior Change Contract
     Assessment And Role plays
Part D NEGOTIATION SKILLS




            Part D-69
CONTENTS
•   What is Negotiation?
•   Features of Negotiation
•   Why Negotiate ?
•   Types of Negotiation
•   Distributive Vs Integrative Negotiation
•   Negotiation Process
•   BATNA
•   Bargaining Zone Model of Negotiation
•   Negotiating Behavior
•   Issues in Negotiation
•   Third party Negotiations
•   How to achieve an Effective Negotiation
•   Negotiation Tips


                                 Part D-70
Where do use this skill?

• Everything is negotiated.
    • Family and personal
        • “ Where should we go for dinner?”
        • “ Can I borrow the car?”
    • Academic research
        • “ Fund my project.”
        • “ Publish my paper.”
    • Business ventures
        • “ I want a raise.”
        • “ Invest in my company.”
        • “ Pay me a license fee or I’ll sue you.”




                                                Part D-71
FEATURES OF NEGOTIATION



• Minimum two parties
• Predetermined goals
• Expecting an outcome
• Resolution and Consensus
• Parties willing to modify their positions
• Parties should understand the purpose of negotiation




                                     Part D-73
Why do we NEGOTIATE ?


•   To reach an agreement
•   To beat the opposition
•   To compromise
•   To settle an argument
•   To make a point




                      Part D-74
TYPES OF NEGOTIATION

• Distributive Negotiation
• Integrative Negotiation




                             Part D-75
DISTRIBUTIVE VERSUS INTEGRATIVE NEGOTIATIONS


 Characteristic    Distributive            Integrative

    Outcome           Win-lose               Win-win
                                       Joint and individual
   Motivation      Individual gain
                                               gain
                                         Different but not
    Interests         Opposed
                                         always Opposite
  Relationship      Short-term         Longer or Short-term

 Issues involved       Single                Multiple

 Ability to make
                    Not Flexible             Flexible
   trade-offs

    Solution        Not creative             Creative


                           Part D-76
NEGOTIATION PROCESS

    PREPARATION Click here



INFORMATION SHARING Click here



     BARGAINING click here



 FINALIZING THE DEAL click here


                Part D-77
PREPARATION
1.    Firstly understand what it is you want?
2.    What do you think your opponent wants?
3.    What would happen if you didn’t do a deal?
4.    Do you know who the decision maker is? Are you negotiating with them? If not
      what affect does that have?
5.    Are there concessions you can build into the negotiation?
6.    Know your product / service inside out? What standards are there in the market
      place?
7.    Know your price points?
8.    What issues do you think you’ll need to overcome?
9.    Prioritize!
10.   Practice!




                                           Part D-78
INFORMATION SHARING

1.   Company activities and market position
2.   Opinion on entry points
3.   What elements are clearly off the table or not up for discussion and why
4.   Opponents attitude and commitment
5.   Motivational factors (―I want this price because…‖)
6.   Stakeholders and importantly decision makers
7.   Problems, issues or risk
8.   An order/structure for proceedings




                                              Part D-79
BARGAINING
 • Bargaining has two basic parts


 – Debating
 – Proposing




                        Part D-80
DEBATING

•   To be successful in negotiation you must build relationships and trust
•   You need to avoid the following-

     •   Point scoring – “Your company is always late with deliveries so I’m not
         paying that!”
     •   Insults – “If you insist on that price you must be stupid”
     •   Provocation – “Keep talking like that and see where it gets you!”
     •   Threats – “You just wait until your other customers hear about this”
•   Instead try-

     •   Building a relationship – It will make your negotiation much easier
     •   Sticking to an agreed agenda – This will help avoid destructive
         discussions.
     •   Share information and ask questions – What do you want – what do they
         want
     •   Try and be positive and listen – What do they want and why – look for
         areas of win/win or easy compromise.



                                                           Part D-81
PROPOSING


•   When proposing your offer consider

     • Consider both your entry and exit – This could include all or some
       of your wants, and your opponents entry and exit points
     • Consider how you will phrase your proposal
     • Consider what will motivate your opponent into making the deal
     • Consider the likely response – Think about the “if I do that then
       they will do that”
     • Are there alternative proposals? – Once an initial response has
       been made are you happy or do you need to offer up something
       new.
     • Remember the key thing is to propose – don’t argue and try and
       remain realistic, and invite a response from your opponent.




                                         Part D-82
FINALIZING THE DEAL


•   So when closing the deal consider

     • Do you have what you want?
     • Do they have what they want?
     • Do you both understand the potential non deal by not closing or
       reaching agreement?
     • Document the agreement quickly and share it with your opponent
       and get agreement on the details of the deal.
     • Agree the measures that will be applied to record fulfilment of the
       deal.




                                        Part D-83
BATNA

BATNA is an acronym for:



B   est




A   lternative




T   o

a



N   egotiated




A   greement




                              Part D-84
BATNA

• ―Best Alternative to a Negotiated Agreement‖
• Develop “your” BATNA
   • - List your alternatives
   • - Evaluate your alternatives
   • - Establish your best as your BATNA


• Consider “their” BATNA
• Have a Reservation Point – the least you will accept
• List their alternatives – their BATNA




                                    Part D-85
EXAMPLE




          Part D-87
NEGOTIATING BEHAVIOUR

Gavin Kennedy describes 3 types of behaviour that we
can display and encounter when in a negotiating
situation.



 RED              BLUE                   PURPLE




                           Part D-88
RED Behaviour

   Aggressive
   Intimidation
   Always seeking the best for you
   No concern for person you are negotiating with
   Taking




                                          Part D-89
BLUE Behaviour

 •   Win win approach
 •   Cooperation
 •   Trusting
 •   Pacifying
 •   Relational
 •   Giving




                        Part D-90
PURPLE Behaviour

•   Give me some of what I want (red)
•   I’ll give you some of what you want (blue)
•   Deal with people as they are not how you think they are
•   Good intentions
•   Two way exchange
•   Purple behaviour incites purple behaviour
•   Tit for tat strategies
•   Open
•   People know where they stand
•   Determination to solve problems by both sets of criteria of the merits of the case and/or the
    terms of a negotiated exchange




                                                       Part D-91
EFFECTIVE NEGOTIATION

•   Successful relationships are built on communication and trust.


•   Lack of trust leads to ―win-lose‖ or ―lose-lose‖ result.


•   Negotiation is one way of creating trust – or deciding whether
    trust is justified.




                             Part D-93
SKILLS FOR EFFECTIVE NEGOTIATION



•   Preparation and planning skill
•   Knowledge of the subject
•   Ability to think clearly under pressure
•   Listening skill
•   General problem-solving skills




                                    Part D-94
Activities 4 Exercises on Negotiations
      Process And BATNA Cycle
Summary
Where to Get More Information
 +201111777904


 Mohamed_198000@hotmail.com


 http://www.linkedin.com/profile/view?id=70726460&trk
 =tab_pro



 https://www.facebook.com/#!/profile.php?id=693
 695375


 https://twitter.com/#!/Mo_Abdelnaby

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Training for awb bank (2)

  • 1. selling skills Direct Sales Training AWB Bank By Mohamed Abdelnaby
  • 2. Agenda • Introduction • Part A Selling Skills • Activities 1 (Stress Management Assessment) • Part B Sales Call • Activities 2 ( Videos and Role plays) • Part C Build Relationships and Sales Behaviors • Activities 3 ( Behavior Change Contract Assessment) • Part D Negotiations Skills • Activities 4 ( Exercises on Negotiations Process And BATNA Cycle )
  • 4. Part A Selling Skills Why Learn About Personal Selling?  The principles of selling are Personal selling is a useful to everyone, not just person-to-person business activity in which people with the title of a salesperson uncovers salesperson. and satisfies the needs of a buyer to the mutual,  Developing mutually long-term benefit of both beneficial, long-term parties. relationships is vital to all of us.  People in business use selling principles all the time. Part A-1
  • 7. Successful Salespeople  Self-motivated  Ethical sales behavior  Customer and product knowledge  Ability to use information technology  Communication skills Part A-4
  • 8. Successful Salespeople (continued)  Flexibility and agility  Creativity  Confidence and optimism  Emotional intelligence Part A-5
  • 10. Reading Nonverbal Messages from Customers  Body angle  Face  Arms  Hands  Legs Positive Underlying tension Power and authority Part A-6
  • 11. Nonverbal Reactions to Presentation Part A-7
  • 12. Sending Messages with Nonverbal Communication  Using body language • Muscles of face • Eye contact • Hand movement and hand shaking • Posture and body movements Part A-8
  • 13. The Role of Space and Physical Contact Part A-9
  • 14. Appearance  Consider the geography • The temperature • The local cultural norms  Consider your customers • Their appearance • Their expectations of your appearance  Consider your corporate culture • Norms for your industry  Consider your aspirations • Top levels of your organization • Dress above your position  Consider your own personal style • Wait until you have the halo effect • Be reasonable Part A-10
  • 15. Communicating via technology  Face-to-face conversation • 40 percent: words • 10 percent: voice • 50 percent: nonverbal communications  Telephone • Practice • Prepare • Don’t be rushed • Smile as you talk • Active listening • Set objectives • tone Part A-11
  • 16. Communicating via technology (continued) “Old” Model of Selling 10% Developing Trust 20% Qualifying 30% “Selling” (Presenting) 40% Closing Part A-12
  • 17. Communicating via technology (continued) “New” Model of Selling 40% Developing Trust and Rapport 30% Defining Needs & Problems 20% Describing Features & Benefits 10% Closing Part A-13
  • 18. How outside order-getting salespeople spend their time each week Part A-14
  • 19. E-Mail Communication  Use strong subject lines  Put important information in the first few lines  Be aware of the ―tone‖ of your email  Learn customer preferences for email  Avoid sending long emails and large attachments  Don’t deliver bad news via email  Best time to send an e-mail and get it read: Part A-15
  • 20. Adjusting for Cultural Differences  Salespeople need to recognize that business practices differ around the world  Terms have different meanings  Time perception Low-context cultures Most of the High-context cultures information that More information is flows between buyer contained in factors and seller is in the surrounding the spoken words communication. themselves. Part A-16
  • 21. Outlined Presentation  Prearranged presentation that usually includes: • Standard introduction • Standard Q&A • Standard method for getting the customer to place an order  Effective because it is well organized Part A-17
  • 22. Customized Presentation  Analyze what the customer's needs  Organize the content of your sales presentation to gain the attention of the customer and create maximum impact  improve your delivery skills, especially presentation techniques.  Design and use a wide range of visual aids that are appropriate to various selling situations .  Interact with customers throughout the sales presentation and handle sales objections that may arise. Part A-18
  • 23. Knowledge Management  Product and company knowledge • Salespeople need to have a lot of information about their products, services, company, and competitors.  Knowledge about sales situations and customers Part A-20
  • 24. Knowledge Management (continued)  How to create knowledge • Top company salespeople • Feedback from sales managers  Other sources of knowledge • Web • Company sales manuals and newsletters • Sale meetings • Plant visits • Business and trade publications • Competitor displays at trade shows • Viewing competitor’s Web pages Part A-21
  • 25. Video Activities 2 (Assess Your Own Skills Assignment)
  • 26. Part B Sales Call What to know before every sales call? Part B-24
  • 27. The Planning Process Part B-25
  • 28. Controlling Style and Tone  Write the plan first  Choosing strong words you will say  Select active voice  Straight forward  Pay attention to tone  Use a Conversational Tone  Business messages:  Avoid obsolete or pompous language  Be careful with intimacy  Use humor carefully Part B-25
  • 29. Pre-call Information  Good pre-call planning enables you to learn about a prospective customer’s (concerns, business agenda, budget requirements) and key decision makers before the sales call.  3 Steps To Pre-Call Planning Success:  1. Find the best sources:  Be aware of all the sources available to you—industry associations, company Web sites, news outlets, online business information resources …etc.  2. Find out what you want to find out: • Know what you’re looking for before you start looking for it. By asking yourself key questions.  3. Find ways to find information faster: • Once you’ve identified what you need to know about your prospect, learn how to mine your sources of information quickly and efficiently. Part B-26
  • 30. Simple Key Questions for Pre-Call Planning • What are the company’s/industry’s top business concerns • right now? • How is the company positioned to handle those issues? • Who are the key decision makers? • What is my prospect’s market strength? Part B-26
  • 31. The Prospect/Customer as an Individual  Personal • Name (including pronunciation) • Family status • Education • Aspirations • Interests and disinterests • Social style Part B-27
  • 32. The Prospect’s/Customer’s Organization  Demographics • Type of organization • Size, number of locations • Products and services offered • Financial position and its future • Overall culture of the organization  Prospect’s customers • Types • Benefits they seek from the prospect’s products and services  Prospect’s competitors • Who they are • How they differ in their business approaches • Prospect’s strategic position in the industry Part B-28
  • 33. The Prospect’s/Customer’s Organization (continued)  People involved in the purchase decision • How they fit into the formal and informal organizational structure • Their roles in this decision • Who is most influential • Any influential adversaries • Current problems the organization faces • Stage in the buying cycle  Policies and procedures • About salespeople • About sales visits • About purchasing and contracts Part B-29
  • 34. Setting Call Objectives  Review what has been learned from precall information gathering  Understand what relationship the firm wished to have with the prospect  Call objectives should be developed while taking into account: • The firm’s goals • The sales team’s goals • The salesperson’s goals  If you don’t know where you’re going, you may wind up somewhere else Part B-31
  • 35. Criteria for Effective Objectives  All objectives should be: • Specific • Realistic • Measurable  Set objectives that require a buyer’s response  SMART • Specific • Measurable • Achievable • Realistic • Time-based Part B-32
  • 36. Setting More than One Call Objective Minimum call Primary call objective objective The minimum a The actual goal salesperson the salesperson hopes to achieve. hopes to achieve. Optimistic call objective Secondary call objectives The most optimistic Remaining outcome the objectives after salesperson thinks the primary could occur. objective. Part B-33
  • 37. Setting Objectives for Several Calls  Keep good records  Make necessary adjustments in long-term call objectives  Prepare for the next sales call  A good primary objective for a first session is to have another chance to visit  Consider whom to call on in upcoming meetings Part B-33
  • 38. Buyers are Setting Goals Also  What buyers look for to increase value: • On-time delivery • To-spec quality of products • Competitive pricing • Proper packaging/paperwork • Technical support service • Quality of sales calls • Level of technological innovation • Good emergency response Part B-34
  • 39. Making an Appointment  The right person • Focus of receptivity • Focus of dissatisfaction • Focus of power  The right time  The right place Part B-35
  • 40. Telephoning for Appointments  Most often used to make the initial appointment  The goal is to make the appointment, not sell the product or service  Salespeople need to anticipate objections and decide exactly how to respond Part B-37
  • 41. Additional Planning  Plan how to make a good impression  Plan how to further uncover the customer’s needs and strengthen the presentation  Plan to answer anticipated questions and concerns  Practice  Seeding Part B-38
  • 42. Essential Elements of the Sales Call Video Part B-39
  • 43. Building Credibility During the Call Establish your credibility  Honesty and objectivity  Awareness of Customers needs  knowledge, expertise  Confidence and performance  Communication style  Sincerity Part B-40
  • 44. Building Credibility During the Call (continued)  Demonstrate product expertise  Keep it simple  Be willing to say, ―I’m sorry, I was wrong on that,‖ or ―I don’t know the answer to that, but I’ll get it to you.‖  Never use a word unless you know the exact definition Part B-41
  • 45. Build Company Image  Be a spokesperson  Promote company interests  Follow company guidelines  Observe experienced for your Company  Ask for assistance
  • 48. Part C Build Relationships and Sales Behaviors HOW TO BUILDING THE RELATIONSHIPS? Part C-42
  • 49. Stages in the personal selling process Identify Contact Meet Propose Make Sale
  • 50. Stages in the personal selling process Part C-43
  • 51. Stages and objectives of the personal selling process Part C-43
  • 52. Steps in the Buying Process Part C-44
  • 53. Two-Way Flow of Information The sender The receiver (seller) encodes (buyer) decodes a message. the message. Who then becomes… Who then becomes… The receiver The sender (seller) then (buyer) who decodes the encodes a reply buyer’s message. message. Part C-49
  • 54. Very First Impressions  Making first impression usually results in a prospect who is willing to listen  How you dress  How you look • Be confident • Smile  Modify behavior based on prospect’s state  Customer’s name  Video First Impressions 1  Video First Impressions 2 Part C-50
  • 55. Making a Good Impression (continued)  Developing a rapport • Should be the goal of every salesperson • Small talk • Office scanning • Consider cultural and personality differences • Share goals or agenda  When things go wrong • Maintain the proper perspective and a sense of humor • Apologize • Think before you speak Part C-51
  • 56. Identifying the Prospect’s Needs: The Power of Asking Questions  After buyer’s attention, it is time to identify the buyer’s needs  Use transition sentences  Don’t be surprised if the buyer is reluctant to provide confidential information  Discovering needs is part of qualifying the prospect Part C-52
  • 57. Discovering the Root Cause of the Need Part C-53
  • 58. Asking Open and Closed Questions  Open questions require the prospect to go beyond a simple yes-or-no response  Closed questions require yes, no, or short ―fill-in- the-blank‖ type response  In most cases salespeople need to ask both open and closed questions  Summarize the prospects needs Part C-54
  • 59. Offering Value: The Solution to the Buyer’s Needs  Relating features to benefits • Feature: quality or characteristic of the product or service • Benefit: the way in which a specific feature will help a particular buyer • FEBA (feature, evidence, benefit, agreement) Part C-57
  • 60. Assessing Reactions  Using nonverbal cues  Verbal probing • Allows the salesperson to stop talking and encourages two-way conversation • Lets the salesperson see whether the buyer is listening and understanding what is being said • May show that the prospect is uninterested  Making adjustments • Changing direction • Collecting additional information • Developing a new sales strategy • Changing the style of presentation Part C-57
  • 61. Selling to Groups  Groups behave like groups, with group standards and norms and issues of status and group leadership.  Salespeople should discover (for each prospect group member): • Member status within the group • Authority • Perceptions about the urgency of the problem • Receptivity to ideas • Knowledge of the subject matter • Attitude toward the salesperson • Major areas of interest and concern • Key benefits sought • Likely resistance and ways to handle it Part C-58
  • 62. Selling to Groups (continued)  Salespeople should also discover the ego involvement and issue involvement of each group member  Develop objectives and plan  Learn the names of group members and use them when appropriate  Listen carefully and observe all nonverbal cues Part C-59
  • 63. The Goal is to Build Relationships and Sell Value  Proper attitude is shown by: • Answering sincerely • Welcoming objections  Salespeople must assume the attitude of helper, counselor, and adviser.  Objections present sales opportunities  Don’t argue; listen and understand Part C-60
  • 64. Value: The Relationship Between Costs and Benefits Part C-61
  • 65. Behaviors of Successful Salespeople  Anticipate objections • Prepare helpful responses  Forestall known concerns • Raise objections before buyers have a chance to raise them Forestall • Very important in Prevent by doing something ahead of written proposals time. Part C-62
  • 66. Dealing With Tough Customers  Sellers need to maintain a positive attitude, even with rude, hard-to-get-along with prospects  The buyer’s culture often dictates their response to a seller Part C-64
  • 67. How to Successfully Obtain Commitment  Maintain a positive attitude  Let the customer set the pace  Be assertive, not aggressive  Sell the right item in the right amounts Part C-65
  • 68. Bringing the Interview to a Close  Most sales take several calls to complete  Leave with a clear plan for all parties • Review what you will do next • What the customer will do next • When you will meet again  Follow-up promptly with a thank-you and reminder note Part C-68
  • 69. Activities 3 Behavior Change Contract Assessment And Role plays
  • 70. Part D NEGOTIATION SKILLS Part D-69
  • 71. CONTENTS • What is Negotiation? • Features of Negotiation • Why Negotiate ? • Types of Negotiation • Distributive Vs Integrative Negotiation • Negotiation Process • BATNA • Bargaining Zone Model of Negotiation • Negotiating Behavior • Issues in Negotiation • Third party Negotiations • How to achieve an Effective Negotiation • Negotiation Tips Part D-70
  • 72. Where do use this skill? • Everything is negotiated. • Family and personal • “ Where should we go for dinner?” • “ Can I borrow the car?” • Academic research • “ Fund my project.” • “ Publish my paper.” • Business ventures • “ I want a raise.” • “ Invest in my company.” • “ Pay me a license fee or I’ll sue you.” Part D-71
  • 73. FEATURES OF NEGOTIATION • Minimum two parties • Predetermined goals • Expecting an outcome • Resolution and Consensus • Parties willing to modify their positions • Parties should understand the purpose of negotiation Part D-73
  • 74. Why do we NEGOTIATE ? • To reach an agreement • To beat the opposition • To compromise • To settle an argument • To make a point Part D-74
  • 75. TYPES OF NEGOTIATION • Distributive Negotiation • Integrative Negotiation Part D-75
  • 76. DISTRIBUTIVE VERSUS INTEGRATIVE NEGOTIATIONS Characteristic Distributive Integrative Outcome Win-lose Win-win Joint and individual Motivation Individual gain gain Different but not Interests Opposed always Opposite Relationship Short-term Longer or Short-term Issues involved Single Multiple Ability to make Not Flexible Flexible trade-offs Solution Not creative Creative Part D-76
  • 77. NEGOTIATION PROCESS PREPARATION Click here INFORMATION SHARING Click here BARGAINING click here FINALIZING THE DEAL click here Part D-77
  • 78. PREPARATION 1. Firstly understand what it is you want? 2. What do you think your opponent wants? 3. What would happen if you didn’t do a deal? 4. Do you know who the decision maker is? Are you negotiating with them? If not what affect does that have? 5. Are there concessions you can build into the negotiation? 6. Know your product / service inside out? What standards are there in the market place? 7. Know your price points? 8. What issues do you think you’ll need to overcome? 9. Prioritize! 10. Practice! Part D-78
  • 79. INFORMATION SHARING 1. Company activities and market position 2. Opinion on entry points 3. What elements are clearly off the table or not up for discussion and why 4. Opponents attitude and commitment 5. Motivational factors (―I want this price because…‖) 6. Stakeholders and importantly decision makers 7. Problems, issues or risk 8. An order/structure for proceedings Part D-79
  • 80. BARGAINING • Bargaining has two basic parts – Debating – Proposing Part D-80
  • 81. DEBATING • To be successful in negotiation you must build relationships and trust • You need to avoid the following- • Point scoring – “Your company is always late with deliveries so I’m not paying that!” • Insults – “If you insist on that price you must be stupid” • Provocation – “Keep talking like that and see where it gets you!” • Threats – “You just wait until your other customers hear about this” • Instead try- • Building a relationship – It will make your negotiation much easier • Sticking to an agreed agenda – This will help avoid destructive discussions. • Share information and ask questions – What do you want – what do they want • Try and be positive and listen – What do they want and why – look for areas of win/win or easy compromise. Part D-81
  • 82. PROPOSING • When proposing your offer consider • Consider both your entry and exit – This could include all or some of your wants, and your opponents entry and exit points • Consider how you will phrase your proposal • Consider what will motivate your opponent into making the deal • Consider the likely response – Think about the “if I do that then they will do that” • Are there alternative proposals? – Once an initial response has been made are you happy or do you need to offer up something new. • Remember the key thing is to propose – don’t argue and try and remain realistic, and invite a response from your opponent. Part D-82
  • 83. FINALIZING THE DEAL • So when closing the deal consider • Do you have what you want? • Do they have what they want? • Do you both understand the potential non deal by not closing or reaching agreement? • Document the agreement quickly and share it with your opponent and get agreement on the details of the deal. • Agree the measures that will be applied to record fulfilment of the deal. Part D-83
  • 84. BATNA BATNA is an acronym for: B est A lternative T o a N egotiated A greement Part D-84
  • 85. BATNA • ―Best Alternative to a Negotiated Agreement‖ • Develop “your” BATNA • - List your alternatives • - Evaluate your alternatives • - Establish your best as your BATNA • Consider “their” BATNA • Have a Reservation Point – the least you will accept • List their alternatives – their BATNA Part D-85
  • 86. EXAMPLE Part D-87
  • 87. NEGOTIATING BEHAVIOUR Gavin Kennedy describes 3 types of behaviour that we can display and encounter when in a negotiating situation. RED BLUE PURPLE Part D-88
  • 88. RED Behaviour  Aggressive  Intimidation  Always seeking the best for you  No concern for person you are negotiating with  Taking Part D-89
  • 89. BLUE Behaviour • Win win approach • Cooperation • Trusting • Pacifying • Relational • Giving Part D-90
  • 90. PURPLE Behaviour • Give me some of what I want (red) • I’ll give you some of what you want (blue) • Deal with people as they are not how you think they are • Good intentions • Two way exchange • Purple behaviour incites purple behaviour • Tit for tat strategies • Open • People know where they stand • Determination to solve problems by both sets of criteria of the merits of the case and/or the terms of a negotiated exchange Part D-91
  • 91. EFFECTIVE NEGOTIATION • Successful relationships are built on communication and trust. • Lack of trust leads to ―win-lose‖ or ―lose-lose‖ result. • Negotiation is one way of creating trust – or deciding whether trust is justified. Part D-93
  • 92. SKILLS FOR EFFECTIVE NEGOTIATION • Preparation and planning skill • Knowledge of the subject • Ability to think clearly under pressure • Listening skill • General problem-solving skills Part D-94
  • 93. Activities 4 Exercises on Negotiations Process And BATNA Cycle
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