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adaptive selling
ability of the SP to change their sales messages based on various customer situations
Selling Approach that is the MOST ADAPTIVE
Consultative Selling
Canned Presentation
Stimulus selling approach
include scripted sales calls, memorized presentations & automated presentations
can be complete & logically structured
DO NOT vary from buyer to buyer
Assumption that is made about customers when using Canned Presentation
all customers have the same needs & should recieve the same information
5 Parts of a Written Sales Proposal
1) Executive Summary
2) Customer Needs & Proposed Solutions
3) Seller Profile
4) Pricing & Sales Agreement
5) Suggested Action & Time Table
Executive Summary
demonstrates SP’s knowledge about the customer’s needs & creates a desire in the customer to read it
keep it brief
Customer Needs & Proposed Solution
includes situation analysis & the recommended solution
Seller Profile
information about the selling company
Pricing & Sales Agreement
presents the pricing & delivery options
Implementation & Timetable
includes details the additional information required to sign the contract
5 Dimension for Evaluating Sales Proposals
RATER
Reliability
Assurance
Tangibles
Empathy
Responsiveness
Reliability
reflects your (seller’s) ability to identify creative, dependable, & realistic solutions & strategies & match them to the buyer’s needs/wants
Can you rely on them to have the right product?
Assurance
Builds the buyer’s trust & confidence in your ability to deliver, implement, produce, &/or provide benefits
Can I trust this SP/company?
Tangibles
enhance & support the communication of your message & invite readership by its overall appearance, content, & organization
overall appearance
Empathy
confirms your thorough understanding of the buyer’s business & his/her or her specific needs/wants
Do they understand our business?
Responsiveness
Developed in a timely manner & demonstrates a willingness to provide solutions for the buyer’s needs & wants & to help measure results
RFP
Customer Value Proposition (CVP)
statement explaining to the customer why his/her firm will be better off choosing the product b/c of the benefits
brief statement of how you will add value to the prospect business by meeting a need/providing an opportunity. Include a brief description of the product or service
When contacting the Prospect for a meeting (engaging the customer) the SP should do this.
Request an appointment
Research Before Calling
Give the prospect a reason why an appointment should be granted (CVP)
Request a specific amount of time (1hr)
Suggest a specific day & time for the appointment