TRAINING COURSES
Differentiated Selling to Overcome Price Competition
Summary
- Price:
- $565
- Language:
- English
- Funding:
- WSQ/SDF,SkillsFuture Credit
- No. of Days:
- 1 Day
- Location:
- Central
| Funding | Individual | |
| Full Cost | S$565 | |
| Please refer to the "Funding" tab to understand details breakdown | ||
| How much you need to pay? | Login to find out more about the funding | |
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Why You Should Attend This Course:
This course will equip salespeople with the necessary knowledge and competencies to sell effectively in a highly competitive market where products and services are highly commoditised and differentiating them becomes increasingly difficult. Salespeople who especially supply products which are non-strategic to their B2B customers face very tough challenges. Selling features and benefits no longer works for them. Emphasising after sales service and other value-added support often falls on deaf ears. When price becomes the key consideration of such customers, it is time to change your selling strategy.
The way to succeed with such customers is to transform yourself from being a vendor of non-strategic products to being a solver of important problems faced by the customer. Once customers see you as a strategic salesperson, you become an important ally to be retained and an asset to be cultivated.
Learning Outcomes:
- Have a clear understanding of the varying buying behaviours and expectations of different B2B customers in today's competitive environment
- Understand why features and benefits selling no longer works and can in fact do more harm to you
- Increased knowledge and confidence in going beyond value selling and becoming an important asset to customers
Course Outline:
The challenges of modern selling
- Why traditional selling strategies and techniques are no longer effective
- The misunderstood wants and needs of B2B customers
Why B2B customers are misunderstood
- What B2B customers do not want from suppliers
- The misunderstood wants and needs of B2B customers
Planning the differentiated selling approach
- Designing the differentiated selling process
- Identifying the apparent and hidden pain points of B2B customers
Implementing the differentiated selling plan
- Going beyond features and benefits selling
- Targeting entry points and leveraging on multiple alliances
Exploring fresh differentiations
- Integrating opportunities with other firms
- Investing in and transforming structure and mindset from being a non-strategic supplier to being a special asset to your B2B customers
Who Will Benefit?
- All newly-appointed salespeople who wish to succeed in a highly competitive B2B environment.
- Existing salespeople who wish to update themselves and make a difference to their companies.
- Salespeople who wish to transform themselves from ordinary performers to B2B sales superstars.
- Location:
- Central
- Address:
- 51 Anson Road, #03-53
- Building Name:
- Anson Centre
- Postal:
- 079904
Marketing Institute of Singapore
Founded in 1973, the Marketing Institute of Singapore (MIS), a not-for-profit organisation, is the National Body for Sales and Marketing. Over the years, MIS has nurtured more than 50,000 sales and marketing practitioners through its professional learning and development programmes and provided ample networking opportunities for thousands of members through its diverse series of events.
Training Center
Total No. of Review Submitted: 1 |
Average Score: |
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| Course content was well-structured. Trainer shared on his vast experience with us, so that we can better relate to the course content. Would have preferred more group discussions on case studies, to facilitate more effective memory retention on the co | Geraldine Choo | 15 Mar 2018 | Differentiated Selling to Overcome Price Competition |
Dr. Bob Foo
Ph.D from the University of Nottingham, a M.Sc. in International Marketing from the University of Strathclyde as well as professional qualifications in Administrative Management, Business Administration, Accounting & Finance and Public Relations. Fellow o
Since 1990, Dr. Bob Foo has provided consulting and training services in professional selling, key account management, sales management, strategic marketing and negotiation dynamics throughout the region. Prior to this, Bob spent over 10 years in senior regional management positions with multinational corporations. In his corporate career, Bob has travelled widely throughout Europe, the US and the Asia-Pacific region.
Bob has a Ph.D from the University of Nottingham, a M.Sc. in International Marketing from the University of Strathclyde as well as professional qualifications in Administrative Management, Business Administration, Accounting & Finance and Public Relations. He is also a Fellow of the Chartered Institute of Marketing (FCIM) as well as a Chartered Marketer. He writes and speaks on breakthrough business concepts for the 21st century. His articles have been published in Asia 21, The Singapore Marketer and Today's Manager.
Dr. Bob Foo is also a qualified Instructor for Higher Education Teaching and a qualified Higher Education Instructional Leader certified by National Institute of Education (NIE) and Singapore Institute of Management (SIM).
The following are details breakdown of the funding
| Individual | ||
| *Funding | ||
| WSQ | Login to find out more about the funding | |
| SkillsFuture | - | |
| Productivity & Innovation Credit | - | |
| How much you need to pay? | Login to find out more about the funding | |
Note
- Funding is subjected to approval from the government agencies
- The amount is calculated based on the "Up to" percentage of the course fees
- Taking into assumption that you have not fully utilized the SkillsFuture Credit and Productivity & Innoviation Credit Scheme
Other courses available by Marketing Institute of Singapore
Expected Investment
| Total Cost | S$ 0 |
| Expected Saving | S$ 0 |
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| Expected Investment | S$ 0 |
Total Cost
| Course Fee | S$ 565 |
| Number of employee(s) | 0 |
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| Total Cost | S$ 0 |
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