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Contents

Preface

About the Author

Chapter 1: Sales Management and Selling: Its Development and Role in American Society

The applications of personal selling

Scope and significance of personal selling and sales management

Nature of Personal Selling and Sales Management

Personal Selling in Marketing

Creating Customer Value through Salespeople: Relationship and Partnership Selling

The contributions of selling

New concepts in selling

Is salesmanship an art or a science?

Must you be a born salesperson or can salesmanship be taught and learned?

Chapter 2: The Salesperson’s Responsibilities and Qualifications

Her responsibility to the company

Qualifications for selling

Product knowledge

Positive attitude

Enthusiasm

Confidence

Liking people

Empathy

Ability to communicate and persuade

Determination and persistence

Self-starter

Sense of humor

Creativity

Appearance

Good health

Poise and composure

Sincerity and honesty

Developing necessary qualifications

Chapter 3: Selling as a Career

Disadvantages of selling

Types of selling careers

SMEI’s Certified Professional Salesperson (SCPS)

Foundation Skills

Chapter 4: Motivation and Consumer Behavior

No two customers are identical

Basic kinds of motives

Primary, selective, and patronage motives

Product motives

Positive versus negative motives

Basic versus acquired wants

Love

Food and shelter

Safety and security

Achieve and accomplish

Approval and acceptance

Leisure and relaxation

Need for health and survival

Emotional versus rational motives

Difficulties in analyzing motives

Theories of motivation

Perception

Consumer attitudes

Learning

Dyadic interaction

Chapter 5: Information on the Company, the Product, Competition and Advertising

Company information

Product information

Information on competition

Advertising and selling

Chapter 6: Credit, Pricing and Discounts

Credit and collection

Pricing

Price definitions

List price

Net price

Zone price

Basing-point price

Postage-stamp delivered price

Fair-trade price

Guaranteed price

F.o.b. price

F.a.s. price

C.i.f. price

Major laws regulating prices and trade practices

Sherman Antitrust Act of 1890

Pure Food and Drug Act of 1906

Federal Trade Commission Act of 1914

Clayton Act of 1914

Tariff Act of 1930

State fair-trade or resale price maintenance laws

Robinson-Patman Act of 1936

Miller-Tydings Act of 1937

Wheeler-Lea Act of 1938

The Wool Products Labeling Act of 1939

Antimerger Act of 1950

The Fur Products Labeling Act of 1951

The McGuire Amendment of 1952

The Automobile Information Disclosure Act of 1958

Unfair trade practice laws

The Hazardous Substance Labeling Act of 1960

Fair Packaging and Labeling (Truth-in-Packaging) Act of 1966

Consumer Credit Protection (Truth-in-Lending) Act of 1968

Magnuson-Moss Warranty Act of 1975

Consumer Goods Pricing Act of 1975

Telephone Consumer Protection Act of 1991

Children’s Online Privacy Act of 1998

Discounts

Cash discount

Trade or functional discount

Quantity discounts

Advertising discounts

Early-order discounts

Group discounts

C.l and l.cl

“Mixed car-lot” discounts

Chapter 7: The Selling Process and Prospecting

Prospecting

Considerations for selection prospects

Prospecting methods

The “cold-canvas” or “cold turkey”method

Lists

Company leads

Company advertising

Friends and acquaintances

The customer reference method

Group prospecting

Surveys by junior salespeople

Sales spotters

Public exhibitions and displays

Personal observation

Additional considerations for effective prospecting

Guidelines for using the telephone

Direct-mail selling

Chapter 8: Types of Sales Presentations and Considerations for Effective Delivery

Types of sales presentations

Considerations for effective delivery

Preparation

Organization

Proper setting and showing

Show and demonstrate

Outline key points

Use charts, graphs, and illustrations

Appeal to a maximum number of senses

Use the benefit-proof technique

Make comparisons

Similes

Metaphors

Listen and observe

Use language and terms that the prospect understands

Emphasize key words

Use specific explanations rather than general ones

Be enthusiastic and confident

Vary the presentation

Avoid distracting mannerisms and poor appearance

Eye contact

Control

Repeat and review

Chapter 9: Opening the Sales Interview

Objectives of the opening

The salesperson’s attitude and approach

Things to avoid

Making appointments

First-call obstacles

Chapter 10: Handling Objections

Common causes for objections

Common types of objections

Considerations for handling objections

Methods for answering objections

Agree and qualify

Make the objection serve as a selling point

Ask questions for further explanation

Agree that the objection is valid

Delay the answer

Politely deny that the objection is valid

Pass up or ignore the objection

Chapter 11: Closing the Sale

Coming difficulties in closing

Considerations for effective closing

Timing

Frequency of trial closes

Trial or preliminary closes

Control of the sale

Reserve selling points

Fit the item and quantity to the prospect’s needs

Methods for closing

The alternative-choice close

Securing a series of acceptances

Summarize and review

Get the prospect to make minor decisions first

The conditional method

Pointing out greater risks of waiting

Limited supply

Special offer or concession

Alteration of product

Trial offer

Bringing in help for the close

Changing the course of the interview

The direct appeal

Special techniques for closing

Prevention of objection

Narrowing the choice

Emphasizing key features

Handling a third party

Getting the signature or approval

What to do if the prospect doesn’t buy

Chapter 12: Customer Relations

How to develop good relations with customers

Serve rather than sell

Postsale instructions and helpful suggestions

Reassure the customer

Look for unrelated ways to help the customer

Express appreciation

Remember and recognize customers

Develop a professional reputation

Handle complaints properly

Entertaining

Holding accounts

Chapter 13: Ethics in Selling

The salesperson’s responsibility to the consumer

The salesperson’s responsibility to her company

The salesperson’s responsibility to her competitors

The salesperson’s responsibility to her fellow salespeople

The salesperson’s responsibility to the government and society

The salesperson owes something to herself and her family

SMEI’s International Code of Ethics for Sales and Marketing

Chapter 14: Personal Planning and Control

Establishing work goals

Controlling selling time and energy

Daily plans

Controlling expenses

Record keeping

Use of off-the-the job time

Subjective evaluation

Maintain good health

Chapter 15: Retail Selling

Basic processes and purposes

Approaching the retail customer

Methods for increasing retail sales

Know your merchandise

The store

Substitution selling

Express appreciation and give the customer something

Handling different types of customers

Just-looking type

Hurried type

Uncertain type

Confused type

Know-it-all type

Talkative type

Quiet type

Easily distracted type

Think-it-over type

Argumentative type

Handling more than one customer

Handling complaints

Handling returns

Chapter 16: Industrial Selling

Classification of industrial products

Characteristics of industrial selling

The industrial salesperson’s requirements and qualifications

Industrial buying practices

Industrial sales presentations

Chapter 17: Sales Management

Differences between sales management and other types of human resource management (HRM)

Major responsibilities of the sales manager

Should the sales manager also sell?

Sales forecasting

Management consensus

Sales force summary

User estimates

Using past and current sales as basis for prediction

Taking account of changing economic and social conditions 164

Sales quotas

Salespeople’s compensation plan

Salespeople’s expenses

Characteristics of a successful sales manager

Chapter 18: Selection and Training of Salespeople

Current methods used for selecting salespeople

The personal interview

The personal interview (continued)

Psychological tests

Purposes of training

General content of training programs

Personnel used in training programs

Methods for training

Mistakes to avoid

Chapter 19: The Sales Force of the Future and Social Media Marketing

New techniques for sales success

The drivers that make sales teams tick

Sales force issues

Productivity drivers

The alpha change process

Step 1. Identify the drivers

Step 2. Identify best practices

Step 3. Implementation

The beta change process

Step 1. Assess and prioritize

Step 2. Action plan

Step 3. Implement and track

Current practice

Social Media Marketing

The Benefits

A Large Audience

Branding

Relationship Building

The Business Process

The Negatives

Choosing the Right Strategy

Measuring Success

Analytics are a great source of information

Glossary

Index

Sales Management: Products and Services

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