Fundamentals of Marketing

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Concept of Personal Selling

Personal selling is a form of direct, face-to-face communication between a salesperson and a potential customer.

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  • It involves two-way interaction, which allows for personalized messages, immediate feedback, and the building of long-term relationships.

Key features of the nature of personal selling:

  • Personal interaction: It involves direct communication tailored to individual customers.
  • Flexible and adjustable: The message can be changed based on the buyer’s response.
  • Feedback-oriented: The seller receives instant feedback and can respond accordingly.
  • Relationship-based: It focuses on building trust and long-term customer relationships.

📝 Example: A car salesperson personally helping a customer choose a model based on their needs and budget.

The process of personal selling typically includes the following steps:

Process of Personal Selling

1.) Prospecting:

  • Identifying potential customers (also known as leads) who may be interested in the product or service.

Example: Looking through contact lists, referrals, or databases to find new buyers.

2.) Pre-Approach:

  • Research and planning before meeting the customer. This involves gathering information about the prospect’s needs, preferences, and buying behavior.

Example: A salesperson learning about a company’s operations before offering a B2B software.

3.) Approach:

  • Making initial contact with the prospect. The goal is to make a good first impression and build rapport.

Example: Greeting the customer warmly and asking open-ended questions to start the conversation.

4.) Presentation and Demonstration:

  • Explaining and showing the features and benefits of the product in a way that matches the customer’s needs.

Example: Demonstrating how a vacuum cleaner works during a home visit.

5.) Handling Objections:

  • Addressing customer concerns or doubts confidently and clearly to remove any hesitation in buying.

Example: Explaining warranty terms if a customer is worried about product durability.

6.) Closing the Sale:

  • Finalizing the deal by encouraging the customer to make a decision and place the order.

Example: Asking, “Shall we go ahead with the purchase today?”

7.) Follow-Up:

  • Ensuring post-sale satisfaction by checking in with the customer, answering further questions, and maintaining the relationship for future sales.

Example: Calling the buyer after a week to ask if the product is working well.

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