Sales and Marketing Strategies for Engineers - Aligning Product Development to Customer Needs

  

About this Course

Many organisations have restructured to have cross-departmental teams. Engineers must now interact and support sales executives in the area of marketing & sales, from pricing and promotion to distribution and customer satisfaction.

By acquiring the basic skills in sales & marketing, engineers will become more proficient at innovation and acquire a better understanding of needs and demands in the marketplace to improve the process of design and innovation.

This course has been designed to help engineers integrate their technical role with a sales and marketing role. They will be able to converse and support the marketing & sales executives during clients' discussions and generate leads resulting in sales.

Learning Outcomes:

  • Understand the fundamentals of marketing strategies & matrix
  • Simplify technical strategy to match to sales & marketing processes
  • Identify new marketing imperatives – intelligence, interfaces & integration
  • Gain a clear understanding of their role in supporting the sales and marketing of company's products and services
  • Use the sales processes of identifying, developing and managing accounts
  • Structure a sales call and use all available skills to give a professional image and improve success
  • Recognise and improve their handling of difficult customer situations
  • Overcome objections and close successful sales
  • Develop a close business relationship with clients

Course Outline:

Day 1

Role of Engineers in Sales & Marketing

  • Icebreaker: The Impact of Integrating Technical role with Sales & Marketing role
  • Sales & Marketing Opportunities for an Engineer
  • Service Situation
  • Sales Presentation with a New Prospect

Understanding the Fundamentals of Marketing

  • Differentiating marketing from sales
  • The Basics of Marketing
  • Marketing Planning – 3Cs and 4Ps
  • Marketing Services and Intangibles – special considerations
  • Group Exercise: Who Markets and How
  • BCG Growth-Share Matrix: Mapping your Product Life Cycle
  • Ansoff Business Unit Strategy Model
  • Managing Product Life Cycle
  • Hard vs. soft products and services
  • Bowman Strategic Pricing Clock
  • Group work: Mapping out our marketing strategy from a technical perspective

The World of Selling

  • The Sales Cycle & Process: Perspective, Territory Management, Sales Calling & Closing
  • Characteristics of an effective technical sales person
  • Different models of selling: product vs. solution selling

Having a Positive Selling Attitude

  • The Importance of PMA in selling
  • What makes you negative
  • How to develop a positive attitude

Prospecting Effectively During a Service Situation to Generate New Business

  • The right prospecting approach during a service situation
  • Value proposition vs. preventive measures
  • Group work: Existing Customer Profile – creating strategy for suggesting an upgrade or cross-selling

Day 2

Developing Effective Sales Communication

  • Opening of Sales Conversation
  • Questioning strategies & purpose to identify needs
  • How to gain leverage and build confidence
  • Talk about benefits not features
  • Keeping the interest alive
  • Finding a purpose to call back

Social Styles Influences Buying Behaviour

  • Role of an Engineer during a New Account Sales Presentation
  • Slide Presentation: Body Language (30mins)
  • Understand the buying behaviour of your customer
  • Understand different behaviours & expectation
  • Listening for opportunities to support sales executives with technical solutions & information

Objections are Good

  • How to minimise objections and propose creative technical solutions
  • How to handle objections
  • Workshop: Video Role-play with playback critic session
Sales Negotiation & Tactics

  • What are your key decision criteria?
  • Process of Making Decision/Decision-maker
  • The negotiation process
  • Pressure Tactics
  • Tactics used in negotiation

Closing: When and How

  • The Buying Milestones
  • How to identify closing signals
  • 7 powerful closing techniques that work
  • Key Learning Points & Post-workshop Account Project

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