It is an art and skill to influence the prospective buyer or the actual buyer to enter into a sale
Features of Salesmanship
Salesmanship is an art
Personal service
Art of attracting and persuading customers
Art of converting desire into necessity
Buyer's confidence
Consumer satisfaction
Importance of Salesmanship
Important to producers
Important to customers
Important to salesman
Important to government
Important to society
Importance of business
Personal selling is the personal communication of information about goods, services, and ideas to prospective buyers or existing buyers to meet their needs or requirements.
Scope of Salesmanship
Transport
Repairing
Teaching
Painting
Banking
Legal
Medicine
Insurance
Advantages of Salesmanship
Salesmanship helps in preventing the piling up of huge stocks
Salesmanship helps in creating demand for the goods which leads to an increase in production.
Salesmanship is the best means of two-way communication between the company and customer.
Increase in sales helps to increase the profits.
Increased sales induced business activity which provides more employment and higher income for the community.
Consumers are benefited as salesmen provide them great deal of useful information.
Personal selling is a broader concept than salesmanship. It is the direct interaction between buyers and sellers that involves informing and persuading the prospect to close the sale.
Sales management
can be defined as "the planning, direction, and control of personal selling, including recruiting, selecting, equipping, assigning, routing, supervising, paying, and motivating as these tasks apply to personal sales force."
Nature of Personal Selling
Direct communication
Buyer-seller interaction
Customization and personalization
Human element
Quick response and feedback
Tool of promotional mix
Art and science
Cultivation of relationships
Personality traits of successful salespeople
Optimism
Empathy
Ego-driven
Grit
Conscientiousness
Focus
Inquisitiveness
Data-driven
Team player
Humility
Ambition and passion for sales
Goal-oriented
Optimism
The ability to approach any situation with a positive attitude and an optimistic outlook
Empathy
Referring to prioritizing the feelings of the customers
Ego-driven
The motivation and determination to succeed, to make the sale, and to achieve personal goals
Grit
The perseverance and passion for long-term goals, sticking with your goals even when the going gets tough
Conscientiousness
Working hard orienting around goals and achievements
Focus
Being able to concentrate well in something
Inquisitiveness
To be curious shows that you have a genuine desire to know more
Data-driven
Going beyond merely observing data and proactively use it to make informed recommendations
Team player
Professionals who don't enjoy teamwork and who lack the flexibility to adapt new tools, approaches, and tactics will struggle in B2B sales
Humility
Confident, but not arrogant; assertive, but not rude or aggressive; rigorous, but not ruthless
The vast majority of professionals who succeed in sales come to love the craft, even if they started out hating it
Goal-oriented
Successful sellers not only have a goal in mind, they also persist in achieving that goal
Some specific steps your startup business can take to establish and maintain a strong sales personality
Ask before you act
Become a valued resource
Do your homework
Under promise and over deliver
Take a few chances
Be an opportunist
Retake the sales reins
Create a culture of "Yes"
Product knowledge
When sales reps have a complete understanding of the product they're selling
Product knowledge
Is imperative for sales success
Product knowledge
Builds enthusiasm
Product knowledge
Gives us courage
Product knowledge
Gives us the satisfaction of being experts
Product knowledge
Allows us to speak with confidence around other experts
Product knowledge
Helps us respond to any objections properly
Product knowledge
Allows us to keep learning and discover additional advantages to offer the prospects
Product knowledge
Lets us understand the competition better
Product knowledge
Gives us self-assurance
Product knowledge
Gives our prospects confidence in us
Product knowledge is power
Sources of Product Information
Formal training
Informal training
Learning on your own
What is a feature?
A feature is a physical characteristic or quality of a product
Three Types of Benefits
Obvious or Apparent Benefits
Unique or Exclusive Benefits
Hidden Benefits
Sales prospecting is the initial part of the overall sales process. It consist of systemically analyzing the type of customer you want to acquire, identifying digital or real-life market opportunities, searching for potential customers deciding on the best way to approach them, and contacting newly found leads via their preferred channel of communications.
Who is a Prospect?
A prospect is nothing but a qualified lead, who may turn into a potential customer, as they possess certain predefined characteristics.