personal selling

  • factors that influence level of firm emphasis on personal selling

    • if the product is higher priced or involving

    • if the purchase is a new task for the customer

    • if the product can be customized

    • if the purchase is considered “risky”

    • if the product is highly complex or technical

    • if the product is not purchased frequently

  • personal selling is a two-way flow of communication

  • strategic role of sales force

    • traditional view of the salesperson controlling the sales process

    • customer lifetime value increasingly important

    • shirt toward relationship selling

  • b2b vs b2c sales

    • buisness to buisness vs buisness to consumer

      • larger financially

      • longer to complete

      • multiple decision makers and experienced negotiations

  • careers in sales

    • career opportunities

      • always many entry-level sales positions listed

      • financially rewarding

      • ai resillient

    • great salespeople are made, not born

      • personality characteristics

      • individual characteristics (motivation, optimism)

    • sales skills translate to many other careers and in your personal life.

    • sales is the second largest occupational catergory in the us workforce.

    • according to the bls, each day more than 15 million people make a living through convincning someone to buy something else.

    • people spend 40% of their work time is spent persueding other people in ways that don’t involve making a purchase.

  • types of sales positions

    • new buisness salespeople

      • field sales

      • cold calling

      • territory sales

  • bant approach to qualifying sales prospects

    • budget

      • how much does the customer have to spend

    • authority

      • who makes the final decision on what and when to buy

    • need

      • is the purchence an urgent need or merely a want

    • timing

      • how quickly will the customer need to make a decision