Division A ISCS WAKAD GROUP- ROLL NO 41-50 A-41 NEHA PATIL A-42 POOJA SHARMA A-43 PRADEEP SHARMA A-45 PRASHANT SHARMA A-46 PREETI RANI A-47 PRIYANK JAIN A-48 RAHUL SHARMA A-49 RAJAN A-50 RAVIJ SHAH SPIN SELLING APPROACH [pic] [pic] What is the Goal of Questioning? • To uncover needs – Implicit needs – Explicit needs – Implicit need – a statement of a buyer’s problem‚ dissatisfaction or difficulty with a current situation – Explicit
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following example: A company intends to sell one million shares of its stock in a public offering through an investment banking firm (or group of firms which are known as the syndicate) whom the company has chosen to be the offering’s underwriter(s). When the stock is being offered for public trading for the first time‚ the offering is called an initial public offering (IPO). When the stock is already trading publicly and the company is simply selling more of their non-publicly traded stock‚ it is
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long way. The sales profession is one of the oldest and most underestimated jobs. In former times a salesman was travelling with his products on a horse-drawn carriage from one town to another to sell his goods. But until today it has evolved from this uncoordinated selling on weekly markets to a very complex process including different activities to finally close the sale. This essay is prepared to have a closer look on even those changes in the history of selling and to explain the evolution by considering
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Integrated selling Communication Prior to the emergence of integrated selling communication throughout the Nineteen Nineties‚ mass communication – the apply of relaying info to massive segments of the population through tv‚ radio‚ and alternative media – dominated selling strategy. selling was once used as a unidirectional feed. Advertisers broadcasted their offerings and worth proposition with very little regard for the varied wants‚ tastes‚ and values of customers. Often‚ this "one size fits
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The Selling Concept. This is another common business orientation. It holds that consumers and businesses‚ if left alone‚ will ordinarily not buy enough of the selling company’s products. The organization must‚ therefore‚ undertake an aggressive selling and promotion effort. This concept assumes that consumers typically sho9w buyi8ng inertia or resistance and must be coaxed into buying. It also assumes that the company has a whole battery of effective selling and promotional tools
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strategy for the entry into automobile still remained. Should Elio’s joint venture with Bostrom? Should it partner with a tier-one or a tier-two automotive supplier? Was Elio’s technology strategy aligned with the requirements for a successful entry into the automotive market? Paul and Hari realized that they needed answers to these questions in the coming days. This case study discusses the start-up‚ origins and strategic options facing an innovative set up and start up in automotive market and in
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Question 1 Personal Selling Process My personal selling process consists of the following nine steps: 1. Prospecting 2. Pre-approach 3. Approach 4. Presentation 5. Trial Close 6. Objections 7. Meeting objections 8. The Close 9. Follow up and Service Step 1: Prospecting Prospecting‚ involves the Money‚ Authority‚ Desire (M.A.D) approach. Firstly I analysed my prospective clients to ensure that they had the money‚ authority and desire to purchase the products I was selling. Upon analysis I
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Personal Selling & The Marketing Concept Personal Selling - A Definition and a Philosophy Personal Selling is a process of developing relationships; discovering needs; matching the appropriate products with these needs; and communicating benefits through informing‚ reminding‚ or persuading. The development of a personal selling philosophy for the information age involves three prescriptions: 1) Adopt marketing concept. 2) Value personal selling. 3) Assume the role of a problem solver or partner
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goes according to plan. Tom has influence on the final decision. Greg Runyon Greg’s primary needs are to one; produce the product and two; make sure it is of the right standard. Greg has little influence on the final decision. Vijay Sethi Vijay’s primary needs are to make sure that Sue works effectively and that the correct
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from it. Nature has so provided every human being a set of 2 kidneys so that blood purification runs on smoothly; one kidney assisting and complementing one another. What if one of the kidneys is deceased‚ malfunctioned or sold? Naturally the full burden of the blood purification process falls on the remaining kidney‚ who will now function double time without rest or backup. How long can one overburdened kidney last the wear and tear of today’s daily human activities? Indeed it is a fact that a person
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