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Sales
Let’s Learn the Most Exciting Job!
Sales Vs Marketing Vs
Brand
• Sales is the last operation of the
transaction.
• Marketing is the process that leads
to Sales. It is a tool to create
demand.
• Brand is the Mind Connect.
7 P of Marketing Mix 1. Product
2. Price
3. Place
4. Promotion
5. People
6. Process
7. Physical Evidence
4 A Model of Marketing
Mix
1. Awareness
2. Accessibility
3. Affordability
4. Acceptability
BCG Matrix & Its Limitations
 The Boston Consulting Group (BCG) growth-share matrix is a planning tool that uses graphical
representations of a company’s products and services in an effort to help the company decide what it
should keep, sell, or invest more in.
 The matrix helps companies decide how to prioritize their various business activities.
 One thing to note is that the matrix is a decision-making tool. This means that it does not necessarily
take into account all the factors that a business ultimately must face. For example, increasing market
share may be more expensive than the additional revenue gained from new sales. Because product
development may take years, businesses must plan for contingencies carefully.
 Since the matrix only classifies businesses as low and high, it does leave mid-sized businesses out of
the mix. These types of companies often make up a big part of the market, so leaving them out means
that the business environment isn't truly reflected.
The BCG matrix
assumes that all
businesses operate
independently of
one another.
Example of BCG Matrix
Let's take a look at the products Apple has on the market according to the matrix
categories:
• Star: iPhone
• Cash Cow: Macbook
• Question Mark: Apple TV
• Dog: iPad
 Dog Category is Exceptional sometimes. (Discuss Emergency Drug during
Swine Flu in 2009)
7 Steps Sales Process
“Learn the rules like a pro so you can break them like an artist.”
1. Prospecting – Decision Maker, Account Mapping using CRM (Case of EE, FK).
2. Preparation.
3. Approaches: Premium (Gift), Question Approach, and Product Approach (Sample/ Free trial).
4. Presentation (Includes Active Listening).
5. Handling objections/ Rejections (80% b2b sales need 4 to 5 follow-ups).
6. Closing (Alternative Choice close- Full/ Instalments; Extra Inducement close- Free month/ Discount;
Standing Room Only close- Essence of time (Price will increase after 1 day, 3 Spots left)
7. Follow-up: Potential business/ Referral
 Customer Retention Vs Customer Acquisition
7 Steps Sales Process Flow
Sales Funnel
 A sales funnel is a marketing term used
to capture and describe the journey that
potential customers go through, from
prospecting to purchase.
 A sales funnel consists of several steps,
the actual number of which varies with
each company’s sales model.
Benefits of
Sales Funnel
 Relevant & Timely Messaging
Allows marketers to understand the customer’s
purchasing journey and anticipate the questions and
doubts they may have at various stages.
 Marketing and Sales alignment
In case a customer has questions and can’t reach a
salesperson because they are too high up in the funnel,
they can still receive the information they want through
marketing outreach.
 Time and effort savings
A good sales funnel allows marketers to filter out bad
sales leads early on and focus precious marketing dollars
only on leads that exhibit the highest likelihood of
converting into paying customers.
How to Build
Sales Funnel
 Analyse your Existing Customers
An analysis of your customers should include their pain points, needs,
goals, aspirations, and past solutions. Using this data, you can find
lookalike audiences and put out the right messaging at the right time
to attract prospects.
 Captivate your Leads to hold their Attention
Use compelling content that educates and informs prospects, assures
them that their needs are known and will be met, and hooks them into
asking for more information.
 Create a Great Landing Page
Relevant info, Call to Action, Offers & e-Mails data.
 Powerful e-Mail Campaign
Relevant content, keep them Engaged & Interested.
 Keep following up
Do not stop the talks. Make them Repeat Customers/ Ambassadors
Practice
1. 2 of you become the buyer (eg Director of a
college)
2. 3 of you become the seller (Online Training/
Courses Company)
Duration: 2 to 3 minutes to plan your pitch.
Start one by one.
B2B B2C
Company/business is Buyer End Consumer
Information/ Logic Driven/ Consultative Emotion & Entertainment Driven
More Specific Niche Target Broader Audience/ Not too Niche
Covers Important Necessities Basic Necessities
Main Focus: Relationship Main Focus: Product
Large Quantity of Merchandise Small
Supplier - Manufacturer
Manufacturer - Wholesaler
Wholesaler - Retailer
Retailer - Consumer
Long term Relation Short Term
Buying & Selling - Lengthy Short
Decision: Planned and Logical, based on needs Emotional, based on want and desire.
Brand Value: Trust and Mutual Relationship Advertising and Promotion
Primarily e-Mail/ Newsletter/ Publication Social Media Driven
Sales Strategy B2B vs B2C
Case Scenarios/ Interviews Discussion
 A report says “30% of sales dropped from last year for the sales team
 Changes in consumer behaviour.
 Old Techniques are not effective.
 Huge supply of the products/ services.
 What else?
4 Scenarios
(Cases/
Interviews)
 What to do when you get things FREE?
 When you are in Super Saturated Market?
 How Creative your Ad can be to emotionally
connect people with your brand?
 Consumer Behavior Study in your campaign.
Case 1: Sell something which is available
Free
 Awareness
Acceptability
Accessibility
× Affordable
Case 2: Selling products with many
Competitors
 e-learning Companies (Saturated Market). Click to know How do we at Edu4Sure solve this?
 Nike sells sports equipment. But aside from the notorious “Just do it”, they’ve positioned themselves
with multiple influencer-baked stories through athletes like Michael Jordan, Roger Federer, Tiger
Woods, and lots of football players.
 McDonald’s – Happy meals, Love stories etc.
 Apple rebranded itself from “Apple Computers” to “Apple” to enlarge its item portfolio and pitched its
audience via incredible designs, simplicity, and user-friendliness (instead of boasting about RAM or
CPUs).
 Focus: Quality, Stories, Uniqueness & Price.
Case 3: FloatABoat campaign By Paper Boat
 Brand of traditional beverages known for cocktails, including aam panna, golgappe ka pani,
Jamun Kala khatta, and kokum, which can all be made at home.
 A number of creative advertisements that appealed to the audience’s emotions and made them
fall in love with the brand.
 Construct Paperboat and Share it on Social Media #FloatABoat
 Focus: Connecting emotions to make people fall in love with the brand.
Case 4: 6 Months-Breakup-Challenge By OLX
 OLX is C to C.
 6 Months-Breakup-Challenge.
 This is based on CRUST’s (Consumer Research on Used-Goods and Selling Trends) data, an
annual consumer study that helps OLX better understand user behaviour and other consumer
trends.
 Focus: Connecting emotions to make people fall in love with the brand.
Case 5: IPL Team Strategy
 A website Blog & Mobile App (Happenings at KKR)
 live screen Facebook discussion in Facebook’s Hyderabad headquarters
KKR players held Twitter chats with their supporters and ran a unique “Cheer for KKR”
campaign.
 Output: Most active IPL team on Twitter, Max Followers on Insta/ Max
Facebook likes
Case 6: Transferkar Family By Tata Sky
A/B Testing: B2B lead Generation
 What do you do when you send a message to a Prospect?
Sample Contents:
Type 1: Hi there, I found your profile very interesting. I’d like to connect with you and grow my
professional network on LinkedIn.
Type2: Hi there, I looked at your profile and it seems that we both have the same professional
interests. Let’s connect and maybe we can have some collaborations in the near future.
Type 3: Hi, I am looking for companies which can provide me the training opportunities. Let us
connect and then discuss it. Thanks.
Sales Discussion
1. In person
2. Online
3. On Phone
Sales Tips
1. Sell Solutions
 Mediocre sellers sell features: “My product has 10 times more features than the
competition and we’re half the price.”
 Average sellers sell benefits: “Our product will save you days of time sifting through
piles of data.”
 Top performers sell specific solutions to challenges.
2. Time Management
 Big Fish or Small Fish
3. Decision Maker
 Are you talking to the concerned person/ decision maker?
 Shoot High.
4. Research
 Are you well prepared with your questions & offers?
 Research about Company, Research about Buyer’s Persona.
5. Bring Value to your Conversation
 How can someone sell you?
1. Price
2. Product Features/ Innovation
3. Value
6. Answer the ‘Why’
 Why do you need?
 Why as early as possible?
 Why us?
 Why trust?
7. Take Virtual Advantage
 Tools & Techniques (Screen shares, Virtual Whiteboard etc).
 More Presentable
 Audio, Visuals, Content
 Loud & Clear
8. Light the Stage & Turn Video ON
9. Make a Good Impression
 Dress as though you’re in a live meeting.
 Manage color contrast in your clothing choices.
 Remain 1.5 to 2 feet from the camera.
 Keep your eyes on the camera.
 Use expressions and movements that show you’re engaged, but not so much that it’s
distracting.
10. Make Time to Build Rapport
 Hello, Natural Flow, Basic Discussion to Break the ice with small talk.
 Ask about them (Show you are curious to know them a little and not just business).
11. Be an Active Listener
 Let’s discuss your experience first!
12. Use your time wisely
 No hurry but not too late!
13. Be Genuine
 All of us want Genuine Salespeople.
14. Focus on Common Ground
 Your research on the buyer’s social profile might help.
15. Where to Meet?
16. Ask the Right Questions
17. Summarize
 Minutes of Meeting.
18. Offer Value from the Start
19. Provide the Right Solution
 Right Solution, Right Offer!
20. Avoid Gimmicks
21. Qualifying Lead
 FAINT method.
 Funds: Does this organization or buyer have the financial capacity to buy from you?
 Authority: Is this the contact with the authority to buy from you?
 Interest: Is the buyer genuinely interested?
 Need: Does the buyer have specific needs that you can solve?
 Timing: Is there intent to purchase and a specific timeframe for doing so?
22. Illustrate what Matters to the prospect
23. Understand the Budget
24. Show the risk of inaction & Make the
Solution Clear
25. Competitors Analysis
26. Define the Roles if you are in a Team
27. Involve Everyone
28. Be Presentable
29. Eye
Contact
30. Body
Gestures
31. Body
Posture
32. Attire
“Wear the attire that gives you confidence. It
should be a comfortable one and add to your
personality”
33. Makeup “Do light makeup. It helps in confidence while
speaking. You will look presentable”
34. Build Rapport
35. Be a knowledgeable industry insider
36. Understand buyer’s side
37. Discuss the Point of View of Everyone
38. Share your point of view convincingly
39. Idea Collaboration
40. Maximize Sales to Existing Accounts
41. Customer Retention is Easier than
Acquisition
42. Be comfortable with discomfort
43. Take the Lead wherever you believe
44. Build a foundation of trust
45. Explore options as per Budget of the Client
46. Do not be Desperate to get the leads
47. Be an Active Listener
48. Always ask Questions
49. Trust in your Team
50. Be Innovative
Practise Case Studies
 Canva (Design yourself)
 Challenge: How to Convert Prospect Leads to Paid Subscribers
Current Strategy: Cold Calling, Internal Sales Team, Very Expensive (Face to Face Meeting)
Design a Strategy
Target Audience
Approach considering the Funnel
Offer
Duration: 15 min
Practise Case Studies
 FitMeRight (low Carb Diet)
 Challenge: How to Scale & Maintain a better ROAS/ Focus more on Digital Channel
Current Strategy: Cold Calling, Internal Sales Team, Very Expensive (Face to Face Meeting)
Design a Strategy
Product Ads/ Dark Post
Education
B2B Strategy for Corporate
Duration: 15 min
Thank You!
For any further queries, please connect us at +91-9555115533 or email us at
partner@edu4sure.com
Know us more at www.edu4sure.com
You can also check our Self-paced courses at www.testformula.com

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Sales Training 2023.pptx

  • 1. Sales Let’s Learn the Most Exciting Job!
  • 2. Sales Vs Marketing Vs Brand • Sales is the last operation of the transaction. • Marketing is the process that leads to Sales. It is a tool to create demand. • Brand is the Mind Connect.
  • 3. 7 P of Marketing Mix 1. Product 2. Price 3. Place 4. Promotion 5. People 6. Process 7. Physical Evidence
  • 4. 4 A Model of Marketing Mix 1. Awareness 2. Accessibility 3. Affordability 4. Acceptability
  • 5. BCG Matrix & Its Limitations  The Boston Consulting Group (BCG) growth-share matrix is a planning tool that uses graphical representations of a company’s products and services in an effort to help the company decide what it should keep, sell, or invest more in.  The matrix helps companies decide how to prioritize their various business activities.  One thing to note is that the matrix is a decision-making tool. This means that it does not necessarily take into account all the factors that a business ultimately must face. For example, increasing market share may be more expensive than the additional revenue gained from new sales. Because product development may take years, businesses must plan for contingencies carefully.  Since the matrix only classifies businesses as low and high, it does leave mid-sized businesses out of the mix. These types of companies often make up a big part of the market, so leaving them out means that the business environment isn't truly reflected.
  • 6. The BCG matrix assumes that all businesses operate independently of one another.
  • 7. Example of BCG Matrix Let's take a look at the products Apple has on the market according to the matrix categories: • Star: iPhone • Cash Cow: Macbook • Question Mark: Apple TV • Dog: iPad  Dog Category is Exceptional sometimes. (Discuss Emergency Drug during Swine Flu in 2009)
  • 8.
  • 9. 7 Steps Sales Process “Learn the rules like a pro so you can break them like an artist.” 1. Prospecting – Decision Maker, Account Mapping using CRM (Case of EE, FK). 2. Preparation. 3. Approaches: Premium (Gift), Question Approach, and Product Approach (Sample/ Free trial). 4. Presentation (Includes Active Listening). 5. Handling objections/ Rejections (80% b2b sales need 4 to 5 follow-ups). 6. Closing (Alternative Choice close- Full/ Instalments; Extra Inducement close- Free month/ Discount; Standing Room Only close- Essence of time (Price will increase after 1 day, 3 Spots left) 7. Follow-up: Potential business/ Referral
  • 10.  Customer Retention Vs Customer Acquisition 7 Steps Sales Process Flow
  • 11. Sales Funnel  A sales funnel is a marketing term used to capture and describe the journey that potential customers go through, from prospecting to purchase.  A sales funnel consists of several steps, the actual number of which varies with each company’s sales model.
  • 12. Benefits of Sales Funnel  Relevant & Timely Messaging Allows marketers to understand the customer’s purchasing journey and anticipate the questions and doubts they may have at various stages.  Marketing and Sales alignment In case a customer has questions and can’t reach a salesperson because they are too high up in the funnel, they can still receive the information they want through marketing outreach.  Time and effort savings A good sales funnel allows marketers to filter out bad sales leads early on and focus precious marketing dollars only on leads that exhibit the highest likelihood of converting into paying customers.
  • 13. How to Build Sales Funnel  Analyse your Existing Customers An analysis of your customers should include their pain points, needs, goals, aspirations, and past solutions. Using this data, you can find lookalike audiences and put out the right messaging at the right time to attract prospects.  Captivate your Leads to hold their Attention Use compelling content that educates and informs prospects, assures them that their needs are known and will be met, and hooks them into asking for more information.  Create a Great Landing Page Relevant info, Call to Action, Offers & e-Mails data.  Powerful e-Mail Campaign Relevant content, keep them Engaged & Interested.  Keep following up Do not stop the talks. Make them Repeat Customers/ Ambassadors
  • 14. Practice 1. 2 of you become the buyer (eg Director of a college) 2. 3 of you become the seller (Online Training/ Courses Company) Duration: 2 to 3 minutes to plan your pitch. Start one by one.
  • 15. B2B B2C Company/business is Buyer End Consumer Information/ Logic Driven/ Consultative Emotion & Entertainment Driven More Specific Niche Target Broader Audience/ Not too Niche Covers Important Necessities Basic Necessities Main Focus: Relationship Main Focus: Product Large Quantity of Merchandise Small Supplier - Manufacturer Manufacturer - Wholesaler Wholesaler - Retailer Retailer - Consumer Long term Relation Short Term Buying & Selling - Lengthy Short Decision: Planned and Logical, based on needs Emotional, based on want and desire. Brand Value: Trust and Mutual Relationship Advertising and Promotion Primarily e-Mail/ Newsletter/ Publication Social Media Driven Sales Strategy B2B vs B2C
  • 16. Case Scenarios/ Interviews Discussion  A report says “30% of sales dropped from last year for the sales team  Changes in consumer behaviour.  Old Techniques are not effective.  Huge supply of the products/ services.  What else?
  • 17. 4 Scenarios (Cases/ Interviews)  What to do when you get things FREE?  When you are in Super Saturated Market?  How Creative your Ad can be to emotionally connect people with your brand?  Consumer Behavior Study in your campaign.
  • 18. Case 1: Sell something which is available Free  Awareness Acceptability Accessibility × Affordable
  • 19. Case 2: Selling products with many Competitors  e-learning Companies (Saturated Market). Click to know How do we at Edu4Sure solve this?  Nike sells sports equipment. But aside from the notorious “Just do it”, they’ve positioned themselves with multiple influencer-baked stories through athletes like Michael Jordan, Roger Federer, Tiger Woods, and lots of football players.  McDonald’s – Happy meals, Love stories etc.  Apple rebranded itself from “Apple Computers” to “Apple” to enlarge its item portfolio and pitched its audience via incredible designs, simplicity, and user-friendliness (instead of boasting about RAM or CPUs).  Focus: Quality, Stories, Uniqueness & Price.
  • 20. Case 3: FloatABoat campaign By Paper Boat  Brand of traditional beverages known for cocktails, including aam panna, golgappe ka pani, Jamun Kala khatta, and kokum, which can all be made at home.  A number of creative advertisements that appealed to the audience’s emotions and made them fall in love with the brand.  Construct Paperboat and Share it on Social Media #FloatABoat  Focus: Connecting emotions to make people fall in love with the brand.
  • 21. Case 4: 6 Months-Breakup-Challenge By OLX  OLX is C to C.  6 Months-Breakup-Challenge.  This is based on CRUST’s (Consumer Research on Used-Goods and Selling Trends) data, an annual consumer study that helps OLX better understand user behaviour and other consumer trends.  Focus: Connecting emotions to make people fall in love with the brand.
  • 22. Case 5: IPL Team Strategy  A website Blog & Mobile App (Happenings at KKR)  live screen Facebook discussion in Facebook’s Hyderabad headquarters KKR players held Twitter chats with their supporters and ran a unique “Cheer for KKR” campaign.  Output: Most active IPL team on Twitter, Max Followers on Insta/ Max Facebook likes
  • 23. Case 6: Transferkar Family By Tata Sky
  • 24. A/B Testing: B2B lead Generation  What do you do when you send a message to a Prospect? Sample Contents: Type 1: Hi there, I found your profile very interesting. I’d like to connect with you and grow my professional network on LinkedIn. Type2: Hi there, I looked at your profile and it seems that we both have the same professional interests. Let’s connect and maybe we can have some collaborations in the near future. Type 3: Hi, I am looking for companies which can provide me the training opportunities. Let us connect and then discuss it. Thanks.
  • 25. Sales Discussion 1. In person 2. Online 3. On Phone
  • 27. 1. Sell Solutions  Mediocre sellers sell features: “My product has 10 times more features than the competition and we’re half the price.”  Average sellers sell benefits: “Our product will save you days of time sifting through piles of data.”  Top performers sell specific solutions to challenges.
  • 28. 2. Time Management  Big Fish or Small Fish
  • 29. 3. Decision Maker  Are you talking to the concerned person/ decision maker?  Shoot High.
  • 30. 4. Research  Are you well prepared with your questions & offers?  Research about Company, Research about Buyer’s Persona.
  • 31. 5. Bring Value to your Conversation  How can someone sell you? 1. Price 2. Product Features/ Innovation 3. Value
  • 32. 6. Answer the ‘Why’  Why do you need?  Why as early as possible?  Why us?  Why trust?
  • 33. 7. Take Virtual Advantage  Tools & Techniques (Screen shares, Virtual Whiteboard etc).  More Presentable  Audio, Visuals, Content  Loud & Clear
  • 34. 8. Light the Stage & Turn Video ON
  • 35. 9. Make a Good Impression  Dress as though you’re in a live meeting.  Manage color contrast in your clothing choices.  Remain 1.5 to 2 feet from the camera.  Keep your eyes on the camera.  Use expressions and movements that show you’re engaged, but not so much that it’s distracting.
  • 36. 10. Make Time to Build Rapport  Hello, Natural Flow, Basic Discussion to Break the ice with small talk.  Ask about them (Show you are curious to know them a little and not just business).
  • 37. 11. Be an Active Listener  Let’s discuss your experience first!
  • 38. 12. Use your time wisely  No hurry but not too late!
  • 39. 13. Be Genuine  All of us want Genuine Salespeople.
  • 40. 14. Focus on Common Ground  Your research on the buyer’s social profile might help.
  • 41. 15. Where to Meet?
  • 42. 16. Ask the Right Questions
  • 44. 18. Offer Value from the Start
  • 45. 19. Provide the Right Solution  Right Solution, Right Offer!
  • 47. 21. Qualifying Lead  FAINT method.  Funds: Does this organization or buyer have the financial capacity to buy from you?  Authority: Is this the contact with the authority to buy from you?  Interest: Is the buyer genuinely interested?  Need: Does the buyer have specific needs that you can solve?  Timing: Is there intent to purchase and a specific timeframe for doing so?
  • 48. 22. Illustrate what Matters to the prospect
  • 50. 24. Show the risk of inaction & Make the Solution Clear
  • 52. 26. Define the Roles if you are in a Team
  • 58. 32. Attire “Wear the attire that gives you confidence. It should be a comfortable one and add to your personality”
  • 59. 33. Makeup “Do light makeup. It helps in confidence while speaking. You will look presentable”
  • 61. 35. Be a knowledgeable industry insider
  • 63. 37. Discuss the Point of View of Everyone
  • 64. 38. Share your point of view convincingly
  • 66. 40. Maximize Sales to Existing Accounts
  • 67. 41. Customer Retention is Easier than Acquisition
  • 68. 42. Be comfortable with discomfort
  • 69. 43. Take the Lead wherever you believe
  • 70. 44. Build a foundation of trust
  • 71. 45. Explore options as per Budget of the Client
  • 72. 46. Do not be Desperate to get the leads
  • 73. 47. Be an Active Listener
  • 74. 48. Always ask Questions
  • 75. 49. Trust in your Team
  • 77. Practise Case Studies  Canva (Design yourself)  Challenge: How to Convert Prospect Leads to Paid Subscribers Current Strategy: Cold Calling, Internal Sales Team, Very Expensive (Face to Face Meeting) Design a Strategy Target Audience Approach considering the Funnel Offer Duration: 15 min
  • 78. Practise Case Studies  FitMeRight (low Carb Diet)  Challenge: How to Scale & Maintain a better ROAS/ Focus more on Digital Channel Current Strategy: Cold Calling, Internal Sales Team, Very Expensive (Face to Face Meeting) Design a Strategy Product Ads/ Dark Post Education B2B Strategy for Corporate Duration: 15 min
  • 79. Thank You! For any further queries, please connect us at +91-9555115533 or email us at partner@edu4sure.com Know us more at www.edu4sure.com You can also check our Self-paced courses at www.testformula.com