Salesmanship Skills in COVID-19 Times: Is There Any Impact on Sales Strategy Implementation and Performance?

Salesmanship Skills in COVID-19 Times: Is There Any Impact on Sales Strategy Implementation and Performance?

Pedro Mendonça Silva, José Freitas Santos, Victor Ferreira Moutinho
DOI: 10.4018/978-1-6684-3374-4.ch013
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Abstract

The activities that depend on direct interaction with the customers were the most affected by COVID-19's restrictions. These include the activities developed by salespeople. This study aims to analyse the impact of salesmanship skills on sales strategy implementation and salesperson performance during the COVID-19 crisis. To achieve the research objective, the authors collected a set of data through a survey (n=517) to test a proposed conceptual model based on the literature. The findings of the study demonstrate that the salesmanship skills are an important resource in highly disruptive environments and impacts sales strategy implementation and salesperson performance. In addition, the study also reveals the important role of digital skills and intrinsic motivation during COVID-19 times. The results attained can be used as a guide to design an effective strategy for sales activities in adverse times.
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Background

Salesmanship Skills and Sales Strategy Implementation

The Covid19 pandemic forced salespersons to adapt its “modus operandi” (Hartmann & Lussier, 2020; Luu, 2021; Rangarajan et al., 2021), providing challenges and opportunities for salespersons at different levels (e.g. human, task, technology, structure) (Hartmann & Lussier, 2020). Particularly in the real estate industry, salespersons worked under difficult circumstances, whereby digital sales interaction or limited face-to-face interactions were required. Covid 19 pandemic prompt the urgent need for real estate companies to change the physical store and adopt digital platforms for the multichannel retail business (Nanda et al., 2021). Therefore, the transition of salespeople's tasks occurred mainly in the way the operations were conducted (Rangarajan et al., 2021) as the basic salesperson functions remain the same. For instance, prospecting customers, interaction with customers, persuasion and negotiation, argumentation to surpass objections.

In fact, increased uncertainty during volatile times (such as Covid19), generally requires from the salesperson strategic capabilities to improve performance (Nowlin et al., 2018). For example, sales-influencing tactics, like persuasion, are important for converting leads to sales (Pöyry et al., 2017). The ability of persuasion to encourage the customer to make the final purchase decision is called salesmanship skills (Rentz et al., 2002). These skills also include prospecting for new customers, qualifying customers, identifying opportunities, present solutions to customers and close the sale (Rentz et al., 2002). The intermediary role of the salesperson demands the set of skills to persuade the owner of the property and the buyer (Ulaga & Kohli, 2018).

The implementation of the sales strategy refers to its execution and extension (Nowlin et al., 2018), but it also incorporates a question of resource deployment and allocation (Epler & Leach, 2021), which include new capabilities and skills (Epler & Leach, 2021; Luu, 2021). In fact, the skills are relevant because, in the real estate market, more experienced salespersons significantly increase the probability of a successful transaction (Waller & Jubran, 2012).

In line with the above rationale, we propose the following hypothesis:

  • Hypothesis One: Salesmanship Skills had a positive and significant effect on Sales Strategy Implementation.

Key Terms in this Chapter

Customer: Potential buyer or user of an individual's or organization's products and/or services.

Sales Skills: Salesperson's ability to generate results within sales goals.

Salesperson: Sales professional responsible for exchanging a product or service for a certain value.

Sales Performance: Action and consequence of effectively meeting sales objectives.

COVID-19: Viral respiratory disease, first identified in 2019, potentially serious and highly transmissible. In 2020, the World Health Organization declared Covid19 as a global pandemic.

Real Estate: Industry engaged in the purchase, sale, or lease of real estate, generally as an intermediary.

Sales Strategy: Set of people, processes and actions of a company that aim to prospect and win customers, generate sales, and increase business revenue.

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