Professional sales script

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SalesAssignmentWinter2016vFINALAK.pdf

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BUAD 176 PROFESSIONAL SELLING Winter 2016

Sales Assignment

Objectives:

1. To have a solid understanding of each step of the selling process 2. To demonstrate this understanding in role play assignments 3. To develop an appreciation of the importance of strategically thinking through what it is

you are going to do before you do it

4. To appreciate the level of preparation required to conduct a professional sales presentation

Process: Students will take part individually in this sales assignment which is worth a total of 30% of

your final grade. The sales assignment is divided into smaller components, each of which is outlined

below. Through completing each component you will, by the end of the term, be prepared to conduct a

complete and professional sales presentation. The grading keys for each part of the assignment are

included in the Appendix.

Please note that ALL SOURCES have to be referenced according to APA format. That means that

every sentence or part of a sentence that uses information you gained from a source has to have an in-

text citation and be included in the reference list. This applies not only to direct quotations but also to

ideas that you put into your own words. Failure to reference your sources properly is plagiarism

and will be reported to the Dean’s office. Please review the APA Reference Guide and Online

Tutorial on Moodle before starting this assignment and let me know if you have any questions. The

Success Center or Library can also assist you in this area.

See the assignment dropboxes on Moodle for the due dates.

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Part 1- Product Selection (Value 0%)

This important first assignment is critical to the success of your sales presentation. Your first task is to

select a product to sell. The product you select should be one that you are somewhat familiar with, that

you are interested in, and that is appropriate for sale to an organization. This course focuses on selling

to organizational buyers as opposed to final consumers. It is not a course about retail sales. Therefore

the product you select should be one for which an organization (for profit, not-for-profit, government,

institution, or farm) would have a need.

Required: A brief 1-3 paragraph memo to your instructor outlining the following:

 The product you want to sell

 Who you are selling the product for

 To whom you want to sell this product

Although no marks are assigned to this assignment, your instructor must approve your choice of

products before you begin working on the next assignment. If you are having trouble thinking of an

appropriate product, please talk to your instructor before this assignment is due.

If you use third-party sources they must be referenced according to APA.

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Part 2 - Background Information (Value 5%)

Before you can prepare a sales presentation, detailed information must be gathered about the industry

your firm participates in, the company you are selling for, the company and person you are selling to,

the product or service you are selling, and the competitive product or service you are selling against.

Please note that this assignment does not require that you address every question posed in the Appendix.

It is designed to illustrate the scope of knowledge required by professional salespeople. Much of the

information will be unavailable to those outside the industry. You should not spend time trying to find

information that is not easily accessed through public sources such as annual reports, journals,

magazines, and newspapers. Please do not attempt to contact companies directly for information as

it is highly unlikely that this information will be made available to you.

Required:

 The objective of this assignment is to identify the information that is important to a sales person, and to write a clear and concise memo.

 A 2-3 page memo providing insight into the industry you are working in, the company you are working for, the prospect you wish to sell to (including five business customer needs of the business

you will be calling on), the product you are selling, and your competition.

Please see Appendix A as a guide for the topics that should be covered in this assignment. We

recommend that you use these titles in your paper.

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Part 3 - Sales Approach Script & Role Play (Value 10%)

The purpose of this part of the assignment is to prepare you for your final role play. In this assignment,

you will prepare your approach in written form and then practice your approach in a role play situation.

It is useful to have in your mind how things should go.

Required:

 Prepare your script for the approach stage of your role play as outlined in this assignment. Please submit a printed copy of your script to your instructor before you start your role play. Please

be sure to include your name, the product you are selling and the company you will be selling for at

the top of the first page.

Part A - Script: Sales Approach & Discovery Process (SPIN)

Write a short script outlining the approach that you will use when you make your sales call. Bring

product samples if it will help your presentation.

Step 1 - Introduction. You walk into the prospect’s office and greet the prospect by stating his/her

name, your name, position and the company you represent. Shake the prospect’s hand and offer your

business card.

Step 2 – Rapport & Transition. Establish rapport and then transition to business. (What questions

will you ask?)

Step 3 – Benefit Statement. State your purpose and give an initial benefit statement. In this step you

are providing your prospect with an idea of where you’re going with this meeting and a reason for them

to continue listening to you. (Write out the initial benefit statement you will use).

Step 4 - SPIN. Develop a SPIN dialogue and include the buyer’s likely responses to your questions.

Write out 3 situation questions, 3 problem questions, 3 implication questions and a final need-pay-off

question.

Part B – Role Play: Sales Approach & Discovery Process (SPIN)

This role play will be based on the script you prepared. You will be assigned a partner in the class who

will act as your buyer. You should rehearse your presentation with your partner so that you can easily

move through the stages of the approach and discovery process. You will play the role of a professional

salesperson and follow the process as you've outlined it in your sales script.

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Part 4 – Sales Call Script & Role Play (Value 15%)

The purpose of this assignment is to prepare you for your final role-play. Bring product samples if it

will help your presentation.

Required:

 Prepare for each stage of your role play as outlined in this assignment. Please submit a printed copy of your script to your instructor before the role play. Please be sure to include your name,

the product you are selling and the company you will be selling for on top of the first page.

Part A – Script: Sales Call

Write a short script outlining the approach that you will use when you make your sales call. This may

build on Part 3 of the assignment.

Step 1 - Introduction.

Step 2 – Rapport & Transition.

Step 3 – SPIN. Include at least one of each type but more is allowed depending on the time.

Step 4 – Features & Benefits (FAB) Include 2 features and benefit statements.. These must be linked

to the problems/needs identified above.

Step 5 – Sales Resistance (Objections) Include two objections (that represent true buyer resistance)

that your prospect may have to your sales presentation and your responses to these objections. Identify

the objection handling techniques you are using. Your professor will also raise an objection at some

point during your presentation. Answer it to the best of your ability and then continue with your

presentation.

Step 6 – Sales Closing. Include two trial closes and 1 final close. Identify the closing techniques you

are illustrating.

Part B – Role Play: Sales Call

SMILE – BREATHE DEEP – RELAX – HAVE FUN !!

This sales presentation will be based on your script and you will be assigned a partner in the class who

will act as your buyer. You should rehearse your presentation so that you can easily move through the

stages of the sales process. You are required to submit your sales script prior to the role play. Due to

time constraints, you may need to adapt your script for the role play. Specific instructions will be

provided in class.

While you can have supporting materials, the sales person should not read their written sales

script during the presentation!!

You are expected to be in appropriate dress for your final presentation.

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Appendix A

The questions posed beneath each of the headings which follow are to provide you only with ideas as to the kinds

of information you may wish to include in your report. It is not necessary to research answers to each of the

questions!

Industry Information What is the history of the industry?

What is the size of the total industry in terms of sales? Is the industry growing?

What advancements have been made in the industry in recent years?

Company Information

What is the history of your company? What major accomplishments has the company experienced in recent

years?

What is the size of your firm in terms of numbers of employees?

What products or services does your firm offer in its line?

List several reasons why customers should buy from this firm.

Prospect Information

The Firm

What type of organization is it? (Manufacturer, wholesaler, retailer, etc.)

How large is the firm? How long has it been in business?

What product lines does it sell?

The Decision-Maker

Who makes the buying decisions for your product or service at this firm? What are the person’s

title and major responsibilities?

What are some potential problems and needs of this firm and how can your product or service

solve the problems or satisfy the needs?

Explain five business customer needs of the business you will be calling on.

If you are selling a product to a wholesaler or retailer who will resell it to the ultimate consumer (for

example, food products or clothing):

What are the characteristics of the typical consumer (age, income, etc.)

What problems or needs does the consumer have that are related to your product?

Product/Service Information (What you are selling)

General Information

Have sales for the product been growing or declining?

Does the firm offer any warranties or guarantees?

What services does your company offer its customers after a sale is made?

What are the special features and benefits of these services?

If you are selling a service:

What activities does the service include? How does your firm customize the service to meet the

specific needs of the customer?

Where is your service located? Is it more accessible to customers than that of the competition?

If you are selling a product:

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What is the history of the product? When was it invented? What major improvements have been

made in recent years?

What are the physical characteristics of the product including how it is made, the

materials/ingredients it contains, and how it performs? What quality control procedures are used

during manufacturing?

Can this product be demonstrated? If so, how?

If you are selling a product to a wholesaler or retailer who will resell it to the ultimate consumer:

What is the suggested retail price? What is the percentage markup and margin per unit?

What product and sales training does your company make available to its wholesalers, retailers,

and dealers?

Competitor Information

General Information

Identify one of your firm’s main competitors and secure the following information for this

competitor:

Has your company been in business longer than your competitor? What is the size of your

competitor in relation to your firm? Is it growing more quickly or more slowly than your firm is?

What is your competitor’s policy on extending credit to its customers? Are your firm’s policies

more or less liberal?

What price does your competitor charge for its product or service? How does it compare to your

firm?

How quickly can your competitor deliver its product or perform its service compared to your

firm?

What services does the competitor offer its customers after a sale is made?

What are your competitor’s major strengths and weaknesses?

If you are selling a service:

What activities does the competitor’s service include?

What qualifications and experience does the competitor’s employees have?

Is your service more or less accessible to your customers?

If you are selling a product:

What is the history of the competitor’s product? What major improvements have been made in

recent years?

What products does the competitor offer that your firm does/does not?

If you are selling a product to a wholesaler or retailer who will resell it to the ultimate consumer:

What is the percentage of markup and margin per unit your competitor offers wholesalers or

retailers?

How does the turnover rate of your product compare to your competitors?

What advertising support does your competitor offer its customers? How does it compare with

yours?

What sales promotion programs does your competitor offer (point-of-sale materials, contests,

coupons, and sampling)? How do they compare with yours?

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Appendix B

Buad 176 - Professional Selling

Grading Sheet - Sales Assignment - Part 2 - Background Information

Student Name:

Grading Criteria

Communication Excellent (9-10) Good (8-8.9) Adequate (7-7.9) Incomplete (<7) Score Comments:

Writing Well organized, clear

and concise

Clear and concise Clear Writing needs work

Spelling/Grammar 0-2 errors 3-4 errors 5-6 errors > 6 errors 0.5 per error

Content Excellent (9-10) Good (8-8.9) Adequate (7-7.9) Incomplete (<7) Score Comments:

Industry Information

Includes thorough

details and relevant

data and information

Includes sufficient

details and relevant

data and information

Gives only adequate

detail and relevant

data and information

Lacks detail and

relevant data and

information

Company Information

Includes thorough

details and relevant

data and information

Includes sufficient

details and relevant

data and information

Gives only adequate

detail and relevant

data and information

Lacks detail and

relevant data and

information

Prospect Information

Includes thorough

details and relevant

data and information

Includes sufficient

details and relevant

data and information

Gives only adequate

detail and relevant

data and information

Lacks detail and

relevant data and

information

5 Business Needs

Includes thorough

details and relevant

data and information

Includes sufficient

details and relevant

data and information

Gives only adequate

detail and relevant

data and information

Lacks detail and

relevant data and

information

Product/Service Information

Includes thorough

details and relevant

data and information

Includes sufficient

details and relevant

data and information

Gives only adequate

detail and relevant

data and information

Lacks detail and

relevant data and

information

Competitor Information

Includes thorough

details and relevant

data and information

Includes sufficient

details and relevant

data and information

Gives only adequate

detail and relevant

data and information

Lacks detail and

relevant data and

information

Research and Referencing

Research includes

multiple, high quality

sources. All sources

are referenced using

APA (In-text citations

& Reference List)

Research includes

multiple sources. All

sources are

referenced using APA

(In-text citations &

Reference List)

Research includes a

few sources. All

sources are

referenced using APA

(In-text citations &

Reference List)

Research includes

only a single source.

All sources are

referenced using APA

(In-text citations &

Reference List)

Total 0

OVERALL EVALUATION

0%

General Comments:

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Buad 176 - Professional Selling

Name:

Grading Sheet - Sales Assignment Part 3 - Approach Dialogue Script & Role Play

Grading Criteria Max Score Comments:

- Greeting/Introduction 10

- Rapport 10

- Transition 10

- Purpose & Initial Benefit Statement 10

- SPIN questions 40

- Overall Delivery (Natural, Well Prepared, etc.) 10

- Timing (6 minutes max) 10

OVERALL EVALUATION Deductions

0% 0% Note: 10% will be deducted if script is not handed in

General Comments:

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Buad 176 - Professional Selling - Sales Assignment Part 4

Name:

Grading Sheet - Sales Assignment Part 4 - Final Sales Presentation

Grading Criteria Max Score Comments:

- Introduction/Greeting (Natural, Professional) 10

- Rapport (Brief but effective) 10

- Transition (Well timed, not awkward) 10

- SPIN questions (At least one of each, Implication &

Needs Pay Off in buyer's words)

10

- 2 FAB (Linked to needs or problems) 10

- 2 Objections (2 prepared, LAARC) 10

- 1 Objections (1 wild card, LAARC) 10

- 2 Trials & 1 Final close (Clear "Yes", Thank you, Next

steps)

10

- Overall Delivery (Well Prepared, not reading) 10

90 0

OVERALL EVALUATION Deductions

0% 0% Note: 10% will be deducted if script is not handed in

5% penalty for over 7 minutes

General Comments: