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10-1

10-1. Begin Your Presentation Strategy Begin Your Presentation Strategy Chapter 10 Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved

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10-1

Begin Your Presentation Begin Your Presentation StrategyStrategy

Begin Your Presentation Begin Your Presentation StrategyStrategy

Chapter

Chapter

10

Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin

Chapter

Chapter

1010-3

Main TopicsMain TopicsMain TopicsMain Topics

The Tree of Business Life: The BeginningWhat is the Approach?The Right to Approach

The Approach—Opening the Sales PresentationTechnology in the Approach

Chapter

Chapter

1010-4

Main TopicsMain TopicsMain TopicsMain Topics

Is the Approach Important? Using Questions Results in Sales Success

Is the Prospect Still Not Listening?Be Flexible in Your Approach

Chapter

Chapter

1010-5

10-6

The Tree of Business Life: The Beginning

Guided by The Golden RuleThe Golden Rule: Begin the presentation with an

end in mind Seek first to understand, then to

be understood Knowing you can help solve

problems provides: Great caring, confidence, and

excitement in your mind, body and speech

Do not give in to the temptation to exaggerate

You will see that trust, integrity, and character win out in the long runI

T C

Ethi

cal Service

Builds

T r

u e

Relationships

TT T

T T T TT T T T

10-7

What Is the Approach?

A golf shot from the fairway toward the green Steps a bowler takes

before delivering the bowling ball

10-8

For the Salesperson What Is the Approach?

The time from when the salesperson first sees the buyer to the beginning of the discussion of the product.

10-9

The Approach

Could last seconds or minutes and involves:MeetingGreetingRapport BuildingOne of the approach communication techniques

discussed in this chapter

10-10

The Approach Is:

The 1st step in the sales presentation The 3rd step in the selling process

10-11

Exhibit 10-1: The Approach Begins the Sales Presentation

The sales presentation method determines how you open your presentation

10-12

Select Your Presentation Method and Then Your Approach

10-13

Caution Salespeople

Take the approach seriously Some feel this is the most important step in

helping someone If unsuccessful, you may never have

opportunity to move into the presentation If you can not tell your story how will you

make the sale? The approach is extremely important

10-14

The Approach Step of the Sales Presentation

Is over when you begin discussing the product itself

10-15

Let’s Summarize! The Salesperson:

Meets Greets Rapport Builds Goes through the approach Discusses the product Discusses the marketing plan Discusses the business proposition Closes – asks for the order

10-16

The Right to Approach You have to prove you are worthy of the

prospect’s time and serious attention by: Exhibiting specific product or business knowledge Expressing a sincere desire to solve the buyer’s

problem and satisfy a need Stating or implying that your product will save

money or increase the firm’s profit margin Displaying a service attitude

10-17

The Approach–Opening the Sales Presentation

A buyer’s reactions to the salesperson in the early minutes of the presentation are critical to a successful sale

Your attitude during the approach It is common for a salesperson to experience

tension in various forms when contacting a prospect

Successful salespeople have learned to use creative imagery to relax and concentrate

10-18

The First Impression You Make Is Critical to Success

Your first impression is projected by:AppearanceAttitude

You only have one chance to make a favorable first impression

10-19

Exhibit 10-4: Five Ways to Remember Prospect’s Name

1. Be sure to hear the person’s name and use it: “It’s good to meet you, Mr. Firestone.”

2. Spell it out in your mind, or if it is an unusual name, ask the person to spell the

name.

3. Relate the name to something you are familiar with, such as relating the name

Firestone to Firestone automobile tires or a hot rock.

4. Use the name in conversation.

5. Repeat the name at the end of the conversation, such as “Goodbye, Mr. Firestone.”

10-20

To Make a Favorable Impression

Wear business clothes that are suitable and fairly conservative

Be neat in dress and grooming Refrain from smoking, chewing gum, or

drinking in your prospect’s office Keep an erect posture Leave all unnecessary materials outside the

office If possible, sit down

10-21

To Make a Favorable Impression, cont…

Be enthusiastic and positive toward the interview Smile! Do not apologize for taking the prospect’s time Do not imply that you were just passing by Maintain eye contact If the prospect offers to shake hands, do so with

a firm, positive grip while maintaining eye contact Learn how to pronounce the prospect’s name

correctly

10-22

Approach Categories

Opening with a statement Opening with a demonstration Opening with a question or questions

10-23

Exhibit 10-5: The Approach Techniques for Each of the Four Sales Presentation Methods

10-24

Objectives of Both Statement and Demonstration Approach Techniques

Attention Interest Transition

10-25

The Situation Faced Determines the Approach

Influences on the approach to use include:Product being soldWhether the call is a repeat callCustomer’s needsAmount of timeAwareness of a problem

10-26

The Approach Leads Quickly Into the Sales Presentation

10-27

Objectives Of Using Question Approach Techniques

Uncover needs and problemsFulfill needsSolve problems

Have prospect tell you about:NeedsProblems Intention to do something about them

10-28

Exhibit 10-6: Approach Techniques for Opening the Presentation

10-29

The Golden Rule

Follow the Golden Rule by placing the other person’s interest before your self-interest

This will avoid:Losing the SaleDestroying your business relationship

10-30

Opening With Statements

Introductory approach Complimentary approach Referral approach Premium approach

10-31

Demonstration Openings

Product approach Showmanship approach

10-32

Most common openersCustomer benefit approachCuriosity approachOpinion approachShock approach

Opening With Questions

10-33

Exhibit 10-10: A Popular Multiple-Question Approach Is the Spin

Remember, the product is not mentioned in SPIN

Skip video Video Help

10-34

10-35

Technology in the Approach

Powerful attention-grabbersSoundsVisualsTouch

10-36

Is the Approach Important?

Yes it is! Salespeople need several approach

techniques that have worked in the past to select the approach for a current situation

10-37

Remember to Select Your Presentation Method and Then Your Approach

10-38

Four Question Categories

1. Direct

2. Nondirective

3. Rephrasing

4. Redirect questions

10-39

The Direct Question

Can be answered with a few words such as: “Mr. Jones, is reducing manufacturing costs

important to you?” “What kind?” “How many?”

Never phrase as a direct negative or a question that can cut you off Example: “May I help you?”

10-40

The Direct Question Limitations

Does not really tell you much There is little feedback information

10-41

The Nondirective (Or Open-Ended) Question

Begins with who, what, where, when, how, or why “Who will use this product?” “What features are you looking for in a product

like this?”

Its purpose is to obtain unknown or additional information

10-42

The Rephrasing Question Is useful if you are unclear and need to clarify

the meaning of something said “Are you saying that price is the most important

thing you are interested in?” “Then what you are saying is, if I can improve the

delivery time, you would be interested in buying?”

10-43

The Redirect Question Used to change the direction of the conversation –

often from a negative to a positive Imagine you walk into a prospect’s office, introduce

yourself, and get this response: “I’m sorry, but there is no use in talking. We are satisfied with

our present suppliers. Thanks for coming by.”

A redirect question would be: “Wouldn’t you agree that you continually need to find new

ways to increase your company’s sales?”

10-44

Three Rules for Using Questions

1. Use only questions that you can anticipate the answer to or that will not lead you into a situation from which you cannot escape

2. Pause or wait after submitting a question

3. Listen

10-45

Be Flexible in Your Approach

Be willing and ready to change your planned approach

That is why you need several methods to open your sales presentation

Video HelpSkip video

10-46

10-47

Summary of Major Selling Issues The approach is the critical factor Use a statement or demonstration approach

to ensure your prospect’s attention and interest

The first impression you make can negate your otherwise positive and sincere opening

Open with a statement, question, or demonstration

10-48

Summary of Major Selling Issues, cont…

Questions should display a sincere interest in prospects and their situations

The four basic types of questions are direct, nondirective, rephrasing, and redirect

Allow prospects time to completely answer the question

10-49

Video Help:

Video One

The video should start automatically. If it does not, you must move the mouse to the

middle of the screen. When a hand icon appears the video is ready.

Click once anywhere on the screen to start video. Click once during playback to pause/unpause video. Press the space bar twice to stop video and

continue presentation. When video is over, click to continue presentation.

Video Two