Preview

Personal Selling

Good Essays
Open Document
Open Document
1020 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Personal Selling
Personal Selling, relationship building and sales management

Personal selling, unlike advertising or sale promotion, involves direct relationships between the seller and the prospect or customer. In a forma sense, personal selling can be defined as a two-way flow of communication between a potential buyer and a salesperson that is designed to accomplish at least three tasks: (1) identify the potential buyer’s needs; (2) match those needs to one or more of the firm’s products or services; (3) on the basis of this match, convince the buyer to purchase the product. Finally, it is a complex communication process, one still not fully understood by marketers. Importance of personal selling The importance of the personal selling function depends partially on the nature of the product. As a general rule, goods that are new and different, technically complex or expensive require more personal selling effort. The salesperson plays a key role in providing the consumer with information about such products to reduce the risks involved in purchase and use. Insurance, for example, is a complex and technical product that often needs significant amounts of personal selling. It is important to remember that for many companies the salesperson represents the customer’s main link to the firm. In fact, the salesperson is the company. Therefore it is imperative that the company take advantage of this unique link. Through the efforts of the successful salesperson, a company can build relationships with customers that continue long. Personal selling is an integral of the marketing system, fulfilling two vital duties: one for customers and one for companies. Lacking relevant information, customers are likely to make poor buying decisions. For example: Doctors would have difficulty finding out about new drugs and procedures were it not for pharmaceutical salespeople. Second, salespeople act as a source of marketing intelligence for management. Marketing success depends on satisfying

You May Also Find These Documents Helpful

  • Good Essays

    Unit 7 M2

    • 2288 Words
    • 10 Pages

    “M3: Compare and contrast the personal selling skills and processes used in two different selling situations”…

    • 2288 Words
    • 10 Pages
    Good Essays
  • Powerful Essays

    Business Btec P1 Unit 9

    • 2301 Words
    • 10 Pages

    * Personal selling- A process of persuading one or more customers to purchase a good or service through the use of an oral presentation. For example, direct phone calls, customer services etc.…

    • 2301 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    MKT 300 final outline

    • 2149 Words
    • 9 Pages

    Advantages of personal selling: -detailed explanation or demonstration. –variable sales message – directed to qualified prospects – controllable adjustable selling costs – more effective in obtaining sale and gaining customer satisfaction…

    • 2149 Words
    • 9 Pages
    Good Essays
  • Satisfactory Essays

    Dr. Eli Jones

    • 417 Words
    • 2 Pages

    Dr. Jone’s topic of discussion was about sales, marketing, and leadership challenges in the global marketplace. He also discussed the science of selling and how to become a revenue producer. Dr. Jones reviewed several steps to the sales process. The first step was about preparation. He stated that research is vital to identifying your prospect’s needs and wants by showing empathy towards customer concerns.…

    • 417 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The last half of the book delves into the specifics of selling to a customer. Ron’s unusual techniques are taught with the help of guides, charts, and numerical rules to go by in order to sell more successfully. Furthermore, the author explains how to be more, creative in selling, customer focused, and energetic. Next, Ron explains how to accept failure and stay more in control of your emotions. He says mastering optimism is the key to staying in control. The author also touches on how to improve social…

    • 2559 Words
    • 11 Pages
    Good Essays
  • Powerful Essays

    Marketing Mid-Term

    • 2802 Words
    • 12 Pages

    Ans: Personal selling is where businesses use people to sell the product after meeting face-to-face with the customer. Personal selling is flexible and has many characteristics. For instance, the sales person can answer and overcome objection and focus on points of customer interests. Also, it builds relationships in the form of ensuring that buyers receive the appropriate service. Moreover, direct feedback, in this form of communication, the sender can directly gauge the feedback from the receiver. Direct feedback will allow the sender to know how well the message is being communicated.…

    • 2802 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    The objective of this project is to give you the opportunity to get some practical insight into professional selling by interviewing a professional sales person and observing him/her perform the basic selling techniques in a real life situation. You will then apply the concepts that you learned in this course by documenting your findings and observations in a report based on the format provided.…

    • 2708 Words
    • 11 Pages
    Good Essays
  • Good Essays

    Personal selling is the most expensive form of advertising and to be effective one should use a step by step process to gain the most benefit. Personal selling can adjust the manner in which facts are communicated and can consider factors such as culture and behaviour in the approach. They can ask questions to discover the specific need of the customer and can get feedback and adjust the presentation as it progresses.…

    • 671 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Sale & Personal Selling

    • 376 Words
    • 2 Pages

    Jardine Cycle & Carriage was a leading distributor of motor vehicles in Singapore. So successful had its efforts been in developing the market for its flagship brand of Mercedes Benz cars that parallel importers entered the market to compete for a slice of the pie. C&C had tried to counter the parallel importers through various means such as negative advertising, withdrawal of warranty services and discrimination against Mercedes that were not purchased from the company in the provision of maintenance services.…

    • 376 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Personal selling is the personal presentation by the firm’s sales force for the purpose of making sales and building customer relationships such as sales presentations, trade…

    • 418 Words
    • 2 Pages
    Good Essays
  • Good Essays

    The sales rep should learn everything possible about the prospective customer’s business—its size; its present purchasing practices; the location of its plants; the names of its executives; and, most important, the names of people who make the buying decision as well as those who influence the purchase. It is also helpful to learn something about the buyers’ backgrounds, such as their education, social affiliations, or personalities. If the prospective buyer has been having problems, the seller, if possible, should become familiar with those problems.…

    • 557 Words
    • 3 Pages
    Good Essays
  • Good Essays

    One of the advantages of personal selling is that a salesperson can shift the presentation for a specific customer. Each ad, however, must be effective not just for one customer but for thousands, or millions, of them.…

    • 1727 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    The creativity in the promotional measures is the need of the hour. The advertisement, public relations, word of mouth communication needs due care and personal selling requires our intensive care. Insurance companies tend towards having a strong sales orientation. Since the services they sell, although certainly are ones that rarely sells themselves. Potential customers are usually reluctant to think about disaster or death. So, they postpone planning for these possibilities, until they are contacted and influenced by agents or company representatives. The insurance business is based on the skill and excellence of agents and this makes a strong case in favor of personal selling.…

    • 7107 Words
    • 29 Pages
    Powerful Essays
  • Powerful Essays

    Wweewewe

    • 763 Words
    • 4 Pages

    Personal selling- a face to face conversation between seller and buyer prospectives with an aim to facilitate exchange between two culminating in sales.…

    • 763 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Selling

    • 2539 Words
    • 11 Pages

    Nokia has around 105,000 employees across 120 countries, sales in more than 150 countries and annual revenues of around €38 billion.…

    • 2539 Words
    • 11 Pages
    Powerful Essays

Related Topics