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Last updated: 12 August, 2022 One of the main functions of marketing is selling, so a marketer’s job is to get people to know about the product, ensure its value, and, as a result, induce them to purchase. Among the most powerful selling approaches, personal selling is known for its exceptional efficiency. Let’s find out what personal selling is and how you can use it as a part of your marketing and sales strategy. Personal selling definitionPersonal selling is a sales method where the seller convinces the customer to purchase a particular product/service face to face. The salesperson aims to emphasize various product features to prove their value and encourage the customer to buy it. In today’s market, personal selling tends to be more common in B2B sales, although it can still be used in B2C sales. While in the past personal selling always took place in person, now, with the rise of modern communication channels, you can also sell via email, phone, or video call. 68% of B2B customers are lost because of indifference or perceived apathy rather than sales mistakes. Personal selling focuses on the customer rather than the seller or the product. It allows you to infuse a sense of humanity into the selling process by connecting with your prospects personally and building relationships with them. Let’s take a closer look at personal selling advantages and disadvantages to better understand when and how to use this sales method. Advantages and disadvantages of personal sellingPersonal selling is the only promotional instrument that includes personal communication between a seller and a buyer. Here are the personal selling benefits:
🤑Want to close more deals? Follow the 8 sales negotiation strategies for winning more deals. Nevertheless, there are some reasons you shouldn’t use personal selling in every situation:
Personal selling techniques for closing more dealsIf you consider personal selling the right model for your goals, make sure you’ve mastered the personal selling techniques that will help you achieve the best results. Here are some of the most actionable of them. Focus on the right leadsIt’s natural that not every client will match your ideal customer profile or choose your solution to achieve their goals. Not to lose much of your precious time, you need to focus on selling to the qualified prospects only, those who have more chances of buying your solution. To determine whether you’re selling to the right lead, consider answering the following questions:
Check out how to qualify your prospects to save time and find the right leads. Prepare yourself for the meetingPreparation is key. 82% of B2B decision-makers think sales representatives are unprepared, which means many prospects might try to avoid sales meetings based on their negative experiences. Your task is to break this stereotype. Ensure you’ve done your homework by researching who your potential customer is from the inside out – learning about their industry, company history, operations, challenges, and more. Knowing as much as possible about your potential customer will help you build bridges and handle sales objections during a sales meeting. Add value to the sales meetingDuring the meeting, your task as a sales rep is to add value and show your prospect how helpful you are. The best way to do this is to present primary research data relevant to customer business. This will prove that you know what you are talking about and demonstrate how you care about their company’s achievements. As 95% of customers choose solution providers that offer relevant content at every stage of the buying process, offer prospects a piece of engaging content when you meet in person. It can be a set of FAQs that cover the primary inquiries in the particular industry, infographics, or ebooks that can be useful in problem-solving. Show interest in your prospectRemember one of the main qualities of personal selling? It allows focusing more on a customer, not a salesperson. So be the one who displays a genuine interest in a prospect, their needs and wants.
Let your customers know that you are togetherMake your prospects feel you are on their side and that together you will succeed. Use the words “we / us” rather than “I / me” to achieve this. By asking smart, detailed questions about their business pain points and suggesting potential solutions connected with your product/service, you move forward and have a better chance of becoming business partners. Tell a storyStorytelling is one of the most effective techniques to attract the audience and connect with them. After presentations, 63% of prospects remember stories, and only 5% remember statistics. If you have good personal experience working with a similar case that can resonate with your customers, feel free to share it. This will hook people and evoke emotions in them. Wrapping it upPersonal selling is a personalized sales method that proves effective and reasonable when you need one-on-one communication to convey a message to a particular audience. Although personal selling can be rather expensive and time-consuming, once called for, it can be the most efficient promotional tool. And if you need a platform for your personal selling strategy, it’s high time to consider Snov.io CRM – an absolutely free solution for your sales growth. Is personal selling mass communication?On the other hand, personal selling is the verbal communication of the message, to one or more customers, so as to create sales.
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Comparison Chart.. How is personal selling more expensive than advertising?The answer is a.
Because personal selling occurs face-to-face, salespeople are required. Therefore, it is more expensive because it requires training, hiring, and payment of sales people. It is also more effective because salespeople build relationships between customers and businesses.
Why is personal selling high cost?It is a relatively expensive method of selling. There is a requirement of high capital costs. Also, it is an extremely labour intensive method because a large sales force is required to carry out personal selling successfully. The training of the salesperson is also a very time consuming and costly process.
What type of communication is personal selling?Personal selling uses in-person interaction to sell products and services. This type of communication is carried out by sales representatives, who are the personal connection between a buyer and a company or a company's products or services.
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