Page 22 - Sales Management
P. 22

Managing the Sales Cycle                                                                     22











          1- Identifying Prospects



               • The first step in the sales cycle is to make a list of potential customers.
               • Try to gather as much data as you can. Ask your team members to visit
                   markets, shopping malls, restaurants to map potential customers and collect
                   information about them
               • Placing canopies at strategic locations also invite potential customers.
               • A sales professional should ideally spend his maximum time outside office
                   meeting people. Interact with as many individuals as you can.
               • Distribute questionnaires amongst the potential customers to know them
                   better.

          2- Setting Appointments



          •   The next step is to make the people aware of your product and its offerings.
          •   Try to get in touch with the people. Call them and seek an appointment.
          •   Don’t arrange meetings at your convenience.
          •   Take his address and courier relevant information brochures beforehand for

              him to know more about your product and its benefits.
          •    Marketers also depend on cold calls to inform the customers about their
              products and services. Don’t be after the individual’s life to fix an
              appointment.
          •   Do take care of your pitch while speaking over the phone. Make your speech
              interesting. Don’t drag conversations.


          3- Know Your Customer Well



          •    It really helps if you know something about your client before meeting him.
          •    Try to gain some information about him from social networking sites like
              Facebook, Orkut, linked in, twitter and so on. These networking sites do give
              some information about the client which definitely helps in preparing the

              sales pitch.
          •    Understand the customer’s needs and expectations from the product. Check

              whether the customer has the potential to purchase a particular product or
              not. There is no point selling an air-conditioner to someone whose monthly
              income is $1000. Find out more about the background of the customer.






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