3. The Behavioral Forces
Rise in costumer
expectations
Major players and their
buying power
Global markets
Market segmentation
Less contact between seller
& buyer
4. The Technological Forces
Digitalization of the sales force
Non physical market places
Open Web sales channels
Live connectivity via the net
5. The Managerial Force
Cutting out the middle man –
Direct marketing
The merging of sales and
marketing
Higher expectations of sales
people
6. Modern Selling
Customer
retention
CRM
Needs
fulfillment
Customer
Problem Knowledge
solving management
8. THE SELLING PROCESS
- Preparation
- The opening
- Need and problem identification
- Presentation and demonstration
- Dealing with objections
- Closing the sale
- The follow-up
11. Direct response advertising
Door-to-door leafleting
Mobile marketing
Direct mail
Inserts
Telemarketing
Electronic media
Catalogue marketing
12. • Market and media fragmentation
• Developments in technology
• The list explosion
• Sophisticated analytical
technologies
• Coordinated marketing systems
13.
14. Customer and prospect information
Transactional information
Promotional information
Product information
Geodemographic information
19. Step 1 Step 2
Marketing strategy: Identify and
• Integrade with marketing
understand audience:
mix
• Positioning of the product • Know your customers
• Who is the target market? • Their needs
• Lifestyle, hobbies, preferences
etc.
Step 3:
Campaign objectives:
• Financial objectives: increase sales, profit, lower stocks etc.
• Marketing & communication objectives: new customers, awareness
etc.
• New customers vs Existing customers
20. Step 4 Step 5
Media decisions: Creative decisions:
• Direct mail
• Communication objectives
• Online target marketing
• Product benefit and disadvantage
• Telemarketing
• Target market analysis-
• Direct response advertising
• Development of the offer
• Catalogue marketing
• Communication of the message
• Integrated media campaigns
• Action plan
Step 6
Execute and evaluate campaign:
• Action is taken and campaign is started
• Is our objectives completed, sales, response rate, inquires etc.