Planning the Sales Call is a Must - Chapter 8 of Fundamentals of Selling by Charles M. Futrell. Presented to the students of Tolani Institute of Adipur as a part of their Sales Management Course
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Sales Management Strategies for Customer Retention
1. Sales Management
Compiled & Presented By:
Anuj SharmaText Book: Fundamentals of Selling –
Customers for life through services by
Charles M. Futrell (12th Edition)
Pre-Class Reading – Chapter 8
Presented to the students of
Tolani Institute of Management
Studies
3. Understand the Customer’s Strategic needs
Gain in-depth knowledge of their organization.
Develop Solutions
Creative approach that is most efficient and effective.
Mutually Beneficial Agreement
A “Win – Win” arrangement.
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4. Builds Self – Confidence
Develops an atmosphere of Goodwill
Knowledge of a prospect and concern for the
prospect’s needs demonstrates a sincere interest that
will be rewarded with an attitude of goodwill.
Creates Professionalism
Increases Sales
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8. Customer profile provides insight.
Helps to properly develop a customized
presentation.
Who makes the buying decision – Individual / Committee
Buyer’s background
Desired business terms
Competitors successfully doing business with buyer
Purchasing policies
History of account
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9. Select the FAB to present to your prospect
Why the buyer should purchase your product?
Develop your Marketing Plan
Tell wholesalers or retailers how they can sell the product to
their customers.
How your product is most effectively used or coordinated
with the existing equipment.
Develop your Business Proposition
Price, percent mark-up, forecasted profit per square foot of
shelf space, return of investment, payment plan etc.
Develop a suggested purchase order
What to buy, how much to buy, what assortment to buy and
when to ship the product to the customer.
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10. Approach
Fully Discuss your
Product
Present your
marketing plan
Explain your
business proposition
Suggested purchase
order
Close
Exit
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Rapport Building
Uncover Needs
Attention, interest, transition
FAB
How to sell (retailers)
How to use (consumer /
industrial user)
What’s in it for your customer?
Recommend what to buy
Ask for business!
Do not give up!
Act as a professional
Leave the door open
11. Attention
Distractions, pressing demand on prospcet’s time, or lack of
interest. Only a temporary effect!
Interest
Determine important buying motives to capture interest.
Desire
Use the FAB formula!
Prospect expresses a wish for a product like yours.
Conviction
Convince that your product is best for their needs and you
are the best supplier of the product.
Purchase
Method of purchase or take some action!
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