Sales Presentations
Relating features to benefits
After identifying the customers needs and problems, the
salesperson needs to deliver a presentation so that the thoughts
of the prospect will flow naturally from the prospect's thinking
to the salesperson's product. The prospect's thinking must be
guided to see the salesperson's product as the solution to a
problem or need.
- Pederson, Wright, Weitz (1984)
The four major approaches to designing sales presentations are:
Stimulus-response
"Psychological experiments show that subjects
will respond in a predictable manner when exposed to a specific
stimulus. When subjects are rewarded for correct responses, the
responses may become automatic.
Salespeople using the stimulus-response approach concentrate on saying the right thing (the stimulus) at the right time to develop a favorable response from the prospect. A standard memorized sales presentation is used to ensure that the tight points are made at the right time. Knowing how prospects normally respond to certain stimuli helps salespeople build a sequence of favorable responses.
The stimulus-response approach is most appropriate in
simple straightforward selling situations such as selling a
vacuum cleaner in a home. The approach is also useful when
selling time is limited, as in selling (detailing)
pharmaceuticals to a doctor."
- Pederson, Wright, Weitz (1984)
Mental states
"Attract attention, maintain interest, create
desire and get action."
- E. St Elmo Lewis (1898) quoted in Pederson, Wright, Weitz
(1984)
"
the salesperson must plan and deliver the sales
story in order to advance the buyer from one mental state to
another until the sales has been completed."
- Pederson, Wright, Weitz (1984)
Need satisfaction
"A salesperson using this approach first
determines the customer's need. After securing the prospect's
agreement that the need exists, the salesperson offers a solution
to satisfy the need.
The major advantage of this approach is that it forces the salesperson to practice the marketing concept. The emphasis is on satisfying the customer's needs, not on the product or service being offered..
The need satisfaction approach is designed for more
experienced and sophisticated salespeople. Salespeople using this
approach must understand the psychology of communication and
persuasion. They must also spend time and effort to determine the
prospect's needs and to demonstrate how their product satisfies
those needs."
- Pederson, Wright, Weitz (1984)
Problem solution
"
the problem solution approach begins with
the sales person identifying the prospect's need. The sales
person then helps the customer to list possible alternative
solutions and to evaluate the advantages and disadvantages of
each alternative. Finally, the salesperson works with the
customer to select the best alternative. In using this approach,
the salesperson builds a relationship with the customer that
resembles a consultant-client relationship.
- Pederson, Wright, Weitz (1984)