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Q.
WRITE DETAILED NOTES ON PERSONAL SELLING
Personal selling is a means of implementing marketing programs. It is concerned with 'persuasive communication'. A salesperson in personal selling tries to persuade the prospect so that customer can take a decision to buy a product. It is a direct presentation of a product to a prospective customer by a salesman. It takes place face to face or over the telephone. Personal selling is a tool for building up buyer’s preference, conviction and action. DEFINITION: 1. "Personal selling is the personal communication of information to persuade somebody to buy something." 2. "Personal selling is the personal communication between a salesperson and a potential customer or group of customers. NATURE/OBJECTIVES/FUNCTIONS OF PERSIONAL SELLING It is a Two-Way Communication: It is the best tool for two-way communication. Salesman can provide necessary information to customer about company’s product, and also can collect information from customer. The ultimate aim is to persuade the customer to buy the product. It involves presentation and Persuasion: The salesman presents his product to the prospective buyer and tries to persuade the prospective buyer with the help of various skills and techniques. It is a Flexible tool: Personal selling is more flexible than other promotional tools. Salespersons can see their customer’s reaction to a particular sales approach and make adjustment according to the situation. It’s a creative tool: personal selling is creative in nature. The salesperson tries to create needs, he makes the customer aware of those needs and try to persuade him to buy the product. Development of long-term Relationship: Personal selling results in the development of personal relationship between the sales person and the buyer. Quick solution of Queries: The prospective buyer can make inquiries regarding the product. Salesman answers these queries quickly and removes any doubts in the mind of the buyer. Customer Confidence: By systematic sales talk and presentation, a capable salesman can remove all doubts, objections and misunderstandings, and can win customer’s confidence. It increases customers’ faith in company and its products. Improves company’s goodwill/ Image: Note that salesmanship can remove bad image or misunderstanding by highlighting company’s achievements and offers. The detailed explanation about company and its products removes all doubts and misunderstandings in the mind of buyer. It helps in restoring company image and reputation in market. IMPORTANCE/ADVANTAGES OF PERSONAL SELLING 1. IMPORTANCE TO BUSINESSMEN/COMPANY: (a) Effective Promotional Tool: Personal selling is an effective promotional tool in the hands of businessman for increasing sales. Salesman provides information about the various features and advantages of his product as well as about market developments. (b) Flexible Tool: Personal selling is the most flexible tool of promotion. Sales presentation is adjusted according to the requirements of the customer. (c) Minimizes Wastage of Efforts: Personal selling involves minimum wastage of efforts as compared to other tools of promotion. (d) Customer Attention: The level of customer attention and interest can easily be assessed under personal selling. (e) Lasting Relationship: Personal selling aims at developing good and long lasting relationship between salesperson and the customer. (f) Personal Relationship: Competitive strength of a business organization increases with the development of personal rapport between its salespersons and prospective customers. (g) Role in Introduction Stage: By describing the merits of a product and persuading the customer to purchase it, salesperson helps in introducing a new product in the market. 2. IMPORTANCE TO CUSTOMERS: (a) Helps in Identifying Needs: It helps in identifying the needs & wants of the customers, so that they can be satisfied by getting best products. (b) Latest Market Information: Under personal selling, customers are provided with information regarding availability or shortage of product, introduction of new product etc. (c) Detailed Demonstration: Personal selling is the only technique through which detail demonstration of product takes place, which generates sales. (d) Expert Advice: Expert advice and guidance can be provided to the customers while purchasing various goods and services. 3. IMPORTANCE TO SOCIETY: (a) Removes ignorance: Salesmanship removes ignorance and educates people regarding different types of products and their utilities. (b) Assist the society: Salesman is one of the help to increase aggregate sales. They help to maintain equilibrium between demand and supply (c) Employment Opportunities: It provides opportunity to unemployed people to work as salespersons for earning income. 4. IMPORTANCE TO THE GOVERNMENT: As production and sale in country increases, the Government is able to get more revenue by way of various taxes, duties and levies like sales tax, income tax, excise duty, freight and transportation charges. It contributes to GDP growth of the country.
CHARACTERISTICS OF A GOOD SALESMAN A salesperson should
have following qualities 1. PHYSICAL QUALITIES: (a) Sound Health: Just like a normal human being, a salesperson must also be of sound health. A salesperson would be mentally and physically fit only if he has a good health. For a sound health, a salesperson must eat well, sleep well and exercise regularly. (b) Good Appearance: Good Appearance always attracts people. A salesperson must not be too fat or thin. He must carry his body well. (c) Cheerful Disposition: A scholar has rightly said that smile is like plague. If the salesperson is cheerful and happy he can make his customer cheerful and happy, which directly helps to have a good conversation and chances of sales increases. (d) Agile: A good salesperson should always be agile. A lazy and boredom salesman can never attract customers. (e) Postures: the gestures and postures of a salesman are also crucial in influencing customers. Unnecessary hand-eye movements, shoulder movements etc. creates wrong impression in the mind of prospective buyers. (f) Cleanliness: No person likes to sit around and listen to a dirty fellow. A good salesman must have a good hair style, must be well shaved, must have clear nails etc. (g) Clothing: A well-dressed salesman often attracts customers very easily. He should wear a formal suit with tie. Dressing sense of a salesperson often increases his confidence and likability by the customers. 2. SPEAKING QUALITIES (a) Clear Pronunciation: A salesperson should have clear pronunciation. Otherwise prospects may misinterpret things. A person without good pronunciation can never became a good salesman. (b) Proper Vocabulary: while giving presentations, proper choice of word is very important. A salesman must have a good vocabulary to create lasting impression with words. A salesman must use those words which are easy to understand and easy to pronounce. Technical jargons must be avoided. (c) Effective delivery: many times, ‘how we speak’ is more important than ‘what we speak’. if the delivery style is not good, a salesperson may not be able to persuade the customer with good pronunciation and vocabulary. 3. MENTAL QUALITIES: (a) Resourcefulness: A resourceful person is one, who understands and behaves according to the changing circumstances. A good salesperson changes his behavior according to different customers and situations. (b) Intelligence: A salesperson must be intelligent. A good salesperson could handle objections carefully and easily with his intelligence. (c) Sharp Memory: To be successful, a salesperson must have sharp memory. He must be able to remember previous meetings with customers, likes and dislikes of the customers along with various offers being provided by the company. (d) Maturity: A salesperson must be mature enough to understand his duties and obligations. He must have sense of what he is talking about and how it will affect the sales of the company. (e) Self-confidence: Self-confidence is a thing which could help a person to tackle any kind of situation. A good salesman should confident be confident on his presentations skills and objection handling techniques. (f) Ability to Observe and Judge: The success of a salesperson depends highly on his ability to observe the conditions around him and his ability to take prompt decisions. 4. SOCIAL QUALITIES: (a) Sociable: a good salesperson must be sociable. He must treat everyone equally and meet with them frequently. He must have contacts with everyone whether rich, poor, middle class people etc. (b) Courtesy: it is said that courtesy has no cost but has high impact. Salesperson must deal everyone with courtesy. (c) Co-operative: A salesman himself needs cooperation from various people. So, he must be cooperative with other members of the sales force, sales managers, customers etc. (d) Convincing Conversationalist: salesman must be a good conversationalist. He must have the ability to speak complicated things in a clear and concise manner. He must be able to influence other with his communication skills. (e) Patience: A salesman has to meet with various kinds of people. some people deliberately tries to annoy the salesperson. Many times sales presentations do not result in effective sales. In such a situation a salesman must remain patient and do not lose his calm. 5. MORAL OR ETHICAL QUALITIES (a) Honesty: it is said that “honesty is the best policy”. A salesperson should not lie to his customers and deliver according to his promises. A dishonest salesperson can never become successful in the long run. (b) Loyalty: To be successful, a salesperson must be loyal towards his company, sales manager, fellow salespersons and customers. 6. PROFESSIONAL QUALITIES: (a) Educated and trained: well-educated and trained salesman could increase sales turnover of the company by his ability to engage with customers. Training helps a salesman to tackle different situations with proper care. (b) Knowledge about the institution: A salesman must know each and every minute details about the company for which he is working. Past and present performances, types of product being offered, the credit policies of the company Etc. must be known to the salesperson. (c) Knowledge of product: salesman must know all the features and ingredients of the product he is offering. He must also know about the different varieties of the same products. (d) Communication Skills: it is said that personal selling involves a two-way communication between salesman and customer. It is the communication skill of salesman which helps in persuading the customer to buy the product. Good communication skill enables a salesperson to communicate well with seniors, peers and customers.