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Ps Chapter 1

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0% found this document useful (0 votes)
48 views29 pages

Ps Chapter 1

Uploaded by

mendozarenzie06
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Chapter 1

INTRODUCTION
TO
SALESMANSHIP
WHAT IS SELLING?
WHAT IS SELLING?

• Sale is the last step in selling goods or services in


exchange for money or something else value.
• When a “deal is closed,” it means that the customer
has agreed to buy the product or service and paid
for it in full or in part.
WHAT IS SELLING?
• It starts with consent (or agreement) to an acquisition, appropriation,
or request. This is followed by the passing of title (property or
ownership) in the item and the application and due settlement of a
price the seller’s need to pass ownership, being a price the seller is
happy to give up ownership of or any claim on the item
• Even though the buyer is part of the sale, he or she doesn’t carry out
the sale. Only the seller does that.
SALES MANAGEMENT
TRENDS
SALES MANAGEMENT TRENDS

From To

Transactions Relationships

Individuals Teams

Sales Volume Sales Productivity

Management Leadership

Local Global
MARKETING VS. SELLING
MARKETING VS SELLING

• Marketing and sales are very different, but they are


both trying to get the same thing done.
• Marketing improves the selling environment and is
very important part of sales. If the marketing
department makes a list of potential customers, it
can be helpful for sales.
MARKETING VS. SELLING

• The marketing department’s goal is to increase the


number of interactions between potential customer
and the sales team.
• They do this through advertising, sales promotion,
publicity, public relations, creating new sales
channels, or making new products (new product
development), among other things.
WHAT IS
SALESMANSHIP?
WHAT IS
SALESMANSHIP?
• Most of the time, the word “salesmanship”
is used to refer to selling goods one-on-one.
However it shouldn’t be confused with
personal selling. To sell a product to
someone, you need skills. It’s not the kind
of job that everyone can do.
WHAT IS SALESMANSHIP

• Salesmanship is a skill that a salesperson


uses when making personal sales.
• Salesmanship is the art of face-to-face
communication between a seller uses his
skills at persuasion to convince the buyer to
make the final purchase decision.
WHAT IS SALESMANSHIP

• To get a buyer to buy a product, the seller must


give all the information about the product and
show customers how the product can meet their
needs.
• It’s not an easy as it seems because, in modern
times, a salesperson has to talk to a lot of different
people.
SELLING VS. SALESMANSHIP
SELLING VS.
SALESMANSHIP

• If you ask most people to differentiate between


salesmanship and selling, they will be unable to do
so. Salesmanship and Selling are viewed as
synonymous terms. People sometimes conflate
salesmanship and selling, yet in business, they are
quite distinct concepts.
SELLING VS. SALESMANSHIP

• Selling is the process by which business transfers goods or services to


the buyer in exchange for money or another commodity. Salesmanship
on the other hand, is the process of convincing a prospect to purchase
from you as opposed to other sellers through the use of reasoning,
reasons, and product features.
• Salesmanship is a technique, a skill acquired by exposure to various
selling approaches. It is a complex process that requires effort to master.
It cannot be accomplished easily; selling also requires field expertise
whereas selling is a straightforward operation that even children can
execute.
SALESMANSHIP
OBJECTIVES
SALESMANSHIP OBJECTIVES

• Attracting and Engaging the potential Buyer/Lead. The first


objective to attract a potential customer who has shown any
interest in your product or service.
• Properly Educating the Potential Client. It involves
properly educating about the benefits, value-added features,
price and everything about a product or service.
• Urging or Convincing the Potential Client to Buy.
Educating the potential client is not enough. A salesperson
needs to convince the potential buyer this product or
service is the best solution to the specific needs.
SALESMANSHIP
OBJECTIVES

• Making the Sales. This is indeed the basic motive


to conclude the sale. In fact, the number of sales is
the measure of success in personal selling.
• Sales Repetition. As mentioned earlier, it is about
making sales and building a long-lasting,
profitable relation.
FORMS OF SELLING
FORMS OF SELLING

• Selling Across the Table


• Under this selling strategy, the firm’s sales
executives or salesmen negotiate sales or sales
transactions across the table by inviting
prospective customers to the company premises
or a meeting venue, usually a hotel.
• This strategy is used for long-term, high value
deals that develop buyer-supplier relationships.
FORMS OF SELLING

• Selling at the Counter;


• It’s the most prevalent way corporate salesman sell things
in their own store.
• A salesman at a certain counter attends to customers in
the shop, exhibits the product, provides all the
information needed by the consumer, and participates to
the client’s decision-making process so the customer buys
the product discussed and displayed.
FORMS OF SELLING

• Selling at the door-step


• Instead of greeting customers at company stores, salespeople visit
potential purchasers at their homes or offices to market their
products.
• These buyers are primarily merchant-middlemen, but end-users are
possible. Merchant-middlemen are business purchasers with a place
in the company’s distribution system.
• Salespeople visit buyers, offer product samples, answer questions,
arouse interest, and negotiate contract by booking the order.
THE PROFESSIONAL
SALESMAN’S CREED
THE PROFESSIONAL SALESMAN’S
CREED

• I will place customer and company interest above self-


interest.
• I will be constantly alert to the concept that successful
selling must bring mutual and continuous benefits to both
the buyer and seller.
• I will maintain an optimistic and positive attitude toward
my business at all times.
• I will maintain loyalty to my company, my associates and
my customers.
• I will do everything possible to support the free enterprise
system based upon open completion and freedom of choice
in the market place.
THE PROFESSIONAL SALESMAN’S
CREED

• I will continue to develop new knowledge’s skills, and


attitudes to keep pace with the changing technological and
social environment.
• I will make every effort possible to utilize efficiently my
total capacities in rendering quality service to my
customers and company.
• I will never violate the trust and confidence of my
customers or associates.
• I will maintain honesty and integrity in all of my dealings
with my customers, competitors, colleagues, and company.
• In all of my personal activities I will attempt to do what is
right and just for all parties concern.
ADVANTAGES
AND
DISADVANTAGES
OF
SALESMANSHIP
ADVANTAGES OF SALESMANSHIP

1. It is a two way communication. So the selling


agent can receive immediate feedback from the
potential purchasers.
2. Because it is a participatory method of selling it
helps to establish a customer’s trust.
3. It is a more convincing kind of advertising.
4. It allows us to reach an audience that we cannot
reach through other channels.
DISADVANTAGES

1. It is somewhat costly means of selling,


2. It is a labor-intensive strategy because a large sales staff is
required for successful personal selling.
3. Salesman training is a time-consuming and expensive
process.
4. The strategy can only reach a limited number of
individuals.

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