โ Sales & Brand Management learning pathSales & Brand Management ยท Module 2 of 10
The sales process
Steps from prospect to closed deal.
๐ Key ideas
- A common process: prospecting, qualifying, needs discovery, presentation, handling objections, closing and follow-up.
- Prospecting finds potential customers; qualifying checks whether they can and will buy.
- Questions uncover needs better than long product talks.
- Closing asks for a clear decision; follow-up builds repeat business and referrals.
- Most deals need several follow-ups, so persistence with politeness matters.
๐ก Real-life example: Like a doctor's visit: ask questions, examine, explain the treatment, answer worries, prescribe and schedule a follow-up.
ProspectingFinding potential customers
QualifyingChecking if a prospect can and will buy
ObjectionA concern stopping the customer from buying
ClosingAsking for the decision