Sales Process - Rational

Rational

Reasons for having a well thought-out sales process include seller and buyer risk management, standardized customer interaction in sales, and scalable revenue generation. An advantage of approaching the subject of sales from a "process point of view" is that it offers the opportunity to use design and improvement tools from other disciplines and process-oriented industries. Joseph Juran observed, "There should be no reason our familiar principles of quality and process engineering would not work in the sales process".

In Management of a Sales Force (12th Ed. p. 66) by Rich, Spiro and Stanton a 'sales process' is presented as consisting of eight steps. These are: Prospecting/Initial contact; Preapproach- planning the sale; Approach; Need assessment; Presentation; Meeting objections; Gaining commitment; Follow-up.

From a seller's point of view, analysis of a sales process can reveal steps in a sale that are problematic, and may allow the predication of numbers of sales based on initial interest. The interface between the selling and buying process has also been diagrammed.

Read more about this topic:  Sales Process

Famous quotes containing the word rational:

    “Social and scientific progress are assured, sir, once our great system of postpossession payments is in operation, not the installment plan, no sir, but a system of small postpossession payments that clinch the investment. No possible rational human wish unfulfilled. A man with a salary of fifty dollars a week can start payments on a Rolls-Royce, the Waldorf-Astoria, or a troupe of trained seals if he so desires.”
    —John Dos Passos (1896–1970)

    “No actual skeptic, so far as I know, has claimed to disbelieve in an objective world. Skepticism is not a denial of belief, but rather a denial of rational grounds for belief.”
    —William Pepperell Montague (1842–1910)

    “I have always been a friend to hero-worship; it is the only rational one, and has always been in use amongst civilized people—the worship of spirits is synonymous with barbarism—it is mere fetish.... There is something philosophic in the worship of the heroes of the human race.”
    —George Borrow (1803–1881)