To improve your chances of making a sale, you must master the art of delivering a
good sales presentation. An effective presentation will work toward specifically solving
the customer's problems. The sales presentation method you select should be
based on prior knowledge of the customer, your sales call objective, and your customer
benefit plan. Because prospects want to know how you and your product will benefit them and
the companies they represent, you must show that you have a right to present your
product because it has key benefits for them. Many different sales presentation methods are available. They differ from one another depending on what percentage
of the conversation is controlled by the salesperson. The salesperson usually does
most of the talking in the more structured memorized and formula selling techniques,
while more buyer–seller interaction occurs in the less structured methods.
In the memorized presentation, or stimulus–response method, the salesperson
does 80 to 90 percent of the talking, with each customer receiving the same sales
pitch. Although this method ensures a well-planned presentation and is good for certain
nontechnical products, it is also somewhat inflexible, allowing little prospect
participation. The formula presentation, a persuasive selling presentation, is similar
to the first method, but it takes the prospect into account by answering questions and
handling objections. The most challenging and creative form of selling uses the need-satisfaction presentation.
This flexible method begins by raising questions about what the customer
specifically needs. After you are aware of the customer's needs, you can then show
how your products fit these needs. You must be cautious because many people don’t
want to open up to the salesperson. When selling highly complex or technical products like computers or insurance, a
problem–solution presentation consisting of six steps is a good sales method. This
method involves developing a detailed analysis of the buyer's specific needs and
problems and designing a proposal and presentation to fit these needs. This customized
method often uses a selling team to present the specialized information to
the buyer. In comparing the four presentation methods, there is no one best method. Each
one must be tailored to meet the particular characteristics of a specific selling situation
or environment. |