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Tuesday, 28 February 2012
2 hrs in the shoe of a saleman, week 2
Monday, 27 February 2012
Two Hours in a Shoe Of A Salesman
Wednesday, 22 February 2012
The journey of our sales class starts like this:
Anthem: "Socho Becho Seekho" sung by Sandesh Sharma. It goes like this Sochoge to seekhoge. Jo seekha hai wo hi to bechoge.
Then followed by Becho Exercise. A salesman needs to well informed about the product before pitching that product was the learning from the sales exercise.
The tag line for the week was :"Pitch Karo Hit Raho"
Sales pitch is a very important part of our sales presentation. There are 3 types of sales presentation
1) Canned Presentation: These are company's presentations, indusrty gives you the slides and they cant be changed or altered.
2)Organised Presentation: The salesman can change the slides that suits his purpose of selling the product accordingly.
3) Tailor Made: There are two types of sales presentation in these
Customerisation: You actually go to a specific customer and make changes according to his/her requirements.
Example: Maggi: They pitch in the market with that emotional feel by sharing the experiences of the customers consuming maggi: The packets of Maggi have Interviews of the customers consuming Maggi.
Customisation: This foccuses on a particular target group or a particular segment of customers.
Example:Dell Laptops-They customize their laptops for a particular group of customers.
Ingredients of a Sales Proposal:
Tangibility: This means what are its attributes like its price, distribution and ease of availabilty in the market.
Assurance- This means reconfirmation from customers about your product.
Responsiveness- Reaction and the reinforcement.
Example: Corporate sales- This helps you in closing the sales.
Fashion street- You need not quote the price unless you get a reaction from the customer.
Reliability: This is the most important ingredient in a sales proposal. You should never make false promises and never think of acheiving a short term goal.
Empathy: You always need to emapthize with your customer. When you empathize with your customer you gain loyalty in return from the customers.
Then there was given an assignment on creating a sales proposal for the products already chosen by everyone in the class as it would not only help everyone in the Selling Exercise but will also improve the quality of the Becho Exercise.
SHASHANK KATIYAR
RMM 12
Pitch: Important subset of sales presentation.
3 types of sales presentation:-
1. CANNED
2. ORGANISED
3. TAILOR MADE
Canned Presentation:
Industry will give you a presentation and you can't change the slides.
Company specific slides.
Generally meant for new salesman/woman.
Organised Presentation:
A salesman can add or delete slides from the product presentation.
Its according to a salesman own perspective or prerogative.
It can be done by an experienced salesman.
Can be used if there is some mistake in the canned presentation.
Canned Presentation:
Most used now-a-days.
Individual specific presentation or customerisation presentation.
SALE PROPOSAL:
Features:-
1. Tangibility. (price, distribution, availability, dealer, network, after sale services, etc.)
2. Assurance. (reconfirmation)
3. Responsiveness. (reaction, important for closing of sales)
4. Reliability. (no false promises)
5. Empathy. (emphatic with your customers)
MIMANSA DEWAN
RMM-37
Tuesday, 21 February 2012
Recap of lec. 16/02/12
Monday, 20 February 2012
Thursday, 16 February 2012
RECAP OF TODAY'S LECTURE
-Pitch is an important subset of presentation.
For Instance, Sales pitch of Sony is “Quality with Price”
Types of Sales Presentation:
- Canned Presentation- This includes all the official slides which the industry provides and which cannot be altered.
- Organized Presentation- The presenter can put its own perspective and prerogative. If the marketer requires focusing on pricing, it can be a pricing oriented presentation.
-It can be location specific.
-Experience
-Due to flaw in canned presentation.
- Tailor-Made Presentation- It generally deals with customerization. It can be prepared differently for different market requirements.
Customization: It is generally segment based and targeted to a certain group of customers.
Customerization: It caters to the individual needs of the customer.
Eg, Maggi utilizes customerization as its USP. Depends upon customer feedback as in the advertisement ‘Meri Maggi’.
Sales Proposal: It is an important part of sales presentation.
(1) Tangibility: Product having tangible benefits.
(2) Assurance: Products providing with assurance of good quality and reliability. Eg, Fevicol.
(3) Responsiveness: It encompasses reaction and reinforcement about the product from the company. Eg, Meru Cabs.
(4) Reliability: There should be no false promises in pitch presentation as it will attract negative word of mouth and unsatisfied customer.
(5) Empathy: Companies that empathize with customers. Eg, McD, makemytrip, Dominos, etc.
By
Kshitij Sharma
RMM,26
Prasad's Sales presentation
Where it can be used ?
Sales Proposal
Responsiveness- Dove is made by Unilever so it is a trusted brand by the customers.
Reliability- According to the site mouthshut.com, it is a reliable and most liked by women.
Empathy-Dove cares for women. They care for real women
RMM 17
SALES PITCH OF A PRODUCT
PRODUCT : 4GB PEN DRIVE HP
TANGIBILITY :
1. Price– Rs 440
2. Portable & Durable
3. Availability – Easily available in electronics stores & stationary
4. Warranty – 2 years
5. Compatible with:- Windows 2000, XP,Vista, Linux,Ubuntu,Windows 7,Mac Os
6. Attractive
7. Used with PC's,Lap-top, Printer
ASSURANCE:-
The pen-drive provides 2 yr warranty & is durable as it is made of steel.
rRESPONSIVENESS:-
There are several pen drives which are available in the market but hp is a product that comes with affordable price as compared to it's core competitor's like i-ball, scan-disk, Transcend etc. Thus the above features make the customer respond in a positive manner.
positive way.
RELIABLE:-The company want's to be reliable to it's customer's. So,it promises to give an additional feature that a customer requires from the company.EMPATHY:-
The customer is very price & brand conscious & hp is committed to provide these two features.
Submitted by:
Prem Kumar Sagar.
Roll no : 36
Sales Pitch of a Product
Product:- 4 GB Pen Drive (i- Ball)
Tangibility:-
1. Price = Rs. 420
2. Portable
3. Availability :- Everywhere in electronic stores.
4. Warranty:- 2 years
5. Compatible with:- Windows 98,XP,Vista, Linux, Ubuntu.
6. Red light blinks if it is working.
7. Look is very attractive.
8. Use with PC and Laptop.
Assurance:-
i-ball provides 2 yr warranty to exchange the product if it is not working properly.
Responsiveness:-
There are lots of PD (Pen drives) are available in the market but i-ball is with minimum price than the others competitor like HP 4 GB of Rs. 440 and scan disk 4 GB of Rs. 475. And i-ball also works with Win 98 but in case of HP pen drive it not works with Win 98. So customer can easily save 20 Rs. and customer respond in a positive way.
Reliable:-
If product is not working properly then company change it and give new pen drive . Because company want to be reliable to every customer but if product damaged by water or short circuit ,non-refundable.
Empathy:-
Customer can easily calculate features of i-ball by price and quality that is better than the other products.
Posted By:-
Abinash Kirti.
RMM- 42
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