Sales presentation system for coaching sellers to describe specific features and benefits of a product or service based on input from a prospect

• US 5,826,240 A
• Filed: 01/18/1996
• Issued: 10/20/1998
• Est. Priority Date: 01/18/1996
• Status: Expired due to Fees

• Current Assignee: Bland Partnership, Inview Development, Ltd., Rosefaire Development, Ltd.
• Original Assignee: Rosefaire Development, Ltd.
• Inventors: Brockman, Robert T., Jones, Donald D.
• Primary Examiner(s): MCELHENY JR, DONALD E
• Application Number:
  US08/587,276
• Time in Patent Office: 1,006 Days
• Field of Search: 395/226, 395/227, 395/215, 395/237, 395/238, 395/229, 395/228, 395/208, 395/207, 395/209, 395/201, 395/925, 705/11, 705/26, 705/27
• US Class Current: 705/7.15
• CPC Class Codes: G06Q 10/06311 Scheduling, planning or task assignment for a person or group
• CPC Class Codes: G06Q 10/063114 Status monitoring or status determination for a person or group
• CPC Class Codes: G06Q 10/06316 Sequencing of tasks or work
• CPC Class Codes: G06Q 10/06375 Prediction of business process outcome or impact based on a proposed change
• CPC Class Codes: G06Q 10/06398 Performance of employee with respect to a job function
• CPC Class Codes: G06Q 30/0201 Market modelling; Market analysis; Collecting market data
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions

Abstract

A handheld computer unit for use by, e.g., a car sales person (seller) prompts the seller with a standard script to be followed at each step in the process after a prospect enters a dealership. The seller is also prompted to record data about the prospect and the prospect'"'"'s needs as well as potential trade-in vehicles. In the event that the prospect does not purchase on the initial visit, this information may be transferred to a conventional sales prospect control system to manage the process of later follow-up contacts with the prospect. The handheld unit permits the seller to retrieve useful information such as inventory availability from a sales information data store. The handheld unit also is able to access remote communications links to external data sources to obtain information on credit-worthiness of the prospect, financing terms, and availability. The handheld unit also displays motivational information such as the percentage likelihood of consummating the sale successfully.

Claims

1. A sales support computer comprising:

(a) means, operable by a sales person, referred to as a seller, for recording data, referred to as prospect data, about a prospective purchaser, referred to as a prospect;

(b) means for interrogating a sales information data store to obtain information requested by the seller, referred to as requested sales information;

(c) means for displaying the requested sales information to the seller; and

(d) means for displaying a series of prompts to the seller, as a function of the prospect data, to prompt the seller to perform steps in a desired sales communication process during an encounter with the prospect, including one or more prompts to the seller to describe orally to the prospect one or more specific features and benefits of a product or service.

2. The sales support computer of claim 1, wherein at least a part of said sales information data store resides within the sales support computer.

3. The sales support computer of claim 1, wherein at least a part of said sales information data store resides within a central computer unit.

4. The sales support computer of claim 1, further comprising means for accessing an external data store.

5. The sales support computer of claim 4, wherein said external data store contains consumer credit information.

6. The sales support computer of claim 1, further comprising means for preventing the seller from perceiving sales information from the sales information data store if the seller does not record the prospect data.

7. The sales support computer of claim 1, further comprising means for preventing the seller from retrieving sales information from the sales information data store if the seller does not comply with the desired sales communication process.

8. The sales support computer of claim 1, further comprising (1) means for accessing an external data store, and (2) means for preventing the seller from retrieving information from the external data store if the seller does not comply with the desired sales communication process.

9. The sales support computer of claim 1, further comprising means for recording the duration of performance of respective steps in the desired sale communication process.

10. The sales support computer of claim 9, wherein the means for recording the duration of performance of respective steps in the desired sales communication process comprises means for recording time stamps identifying the respective times of performance of the steps.

11. The sales support computer of claim 1, further comprising means for receiving a signal from an external device indicating that a specified step in the sales communication process has been completed.

12. The sales support computer of claim 1, further comprising means for selective audio recording of a conversation between the seller and the prospect.

13. The sales support computer of claim 1, further comprising (1) means for transmitting identifying information about the prospect and a creditworthiness inquiry to a financial institution, and (2) means for receiving a creditworthiness report on the prospect.

14. The sales support computer of claim 13, further comprising means for recording a representation of the prospect'"'"'s signature.

15. The sales support computer of claim 13, further comprising means for transmitting a representation of the prospect'"'"'s signature to a credit bureau.

16. The sales support computer of claim 1, further comprising means for displaying an estimate of likelihood of closing the sale with the prospect.

17. The sales support computer of claim 1, further comprising means for displaying an estimate of a commission payable to the seller if the sale closes.

18. The sales support computer of claim 1, further comprising means for displaying a ranking of the seller'"'"'s sales performance in comparison with respective rankings of other sellers'"'"' sales performances.

19. The sales support computer of claim 1, further comprising means for transmitting a sales offer and means for receiving a response to the offer.

20. The sales support computer of claim 1, further comprising means for selective audio recording of a conversation between the seller and the prospect.

21. The sales support computer of claim 1, further comprising means for computing financing options for the prospect.

22. The sales support computer of claim 1, further comprising means for accessing a data store of financing option information.

23. The sales support computer of claim 1, wherein said sales support computer is of a size suitable to be held in a seller'"'"'s hand.

31. A program storage device readable by the sales support computer of a specified one of claims 1-30 and encoding a program of instructions executable by the sales support computer for performing the functions recited in said specified one claim.

24. A sales support computer, comprising:

(a) means, operable by a seller, for recording data about a prospect, referred to as prospect data;

(b) means for displaying a series of prompts to the seller, as a function of the prospect data, to prompt the seller to perform steps in a desired sales communication process during an encounter with the prospect, including one or more prompts to the seller to describe orally to the prospect one or more specific features and benefits of a product or service; and

(c) means for accessing an external data store, including means for preventing the seller from retrieving information from the external data store if the seller does not comply with the desired sales communication process during the encounter.

25. The sales support computer of claim 24, wherein said desired sales communication process includes recording prospect data in a data store in said sales support computer.

26. A sales support computer, comprising:

(a) means, operable by a seller, for recording data about a prospect, referred to as prospect data; and

(b) means for accessing a credit bureau data store, including means for preventing the seller from retrieving information from the credit bureau data store if the seller does not comply with a desired sales communication process during an encounter with the prospect.

(c) said sales communication process including the seller orally describing one or more specific features and benefits of a product or service to the prospect.

27. A sales support computer, comprising:

(a) means, operable by a seller, for recording data about a prospect, referred to as prospect data;

(b) means for transmitting a representation of the prospect'"'"'s signature to a credit bureau; and

(c) means for accessing a credit bureau data store, including means for preventing the seller from retrieving information from the credit bureau data store if the seller does not comply with a desired sales communication process during an encounter with the prospect;

(c) said sales communication process including the seller orally describing one or more specific features and benefits of a product or service to the prospect.

28. A sales support computer, comprising:

(a) means, operable by a seller, for recording data about a prospect, referred to as prospect data; and

(b) means for accessing a data store of financing option information, including means for preventing the seller from retrieving information from the data store of financing option information if the seller does not comply with a desired sales communication process during an encounter with the prospect;

(c) said sales communication process including the seller orally describing one or more specific features and benefits of a product or service to the prospect.

29. A sales support computer, comprising:

(a) means, operable by a seller, for recording data about a prospect, referred to as prospect data;

(b) means for displaying a ranking of the seller'"'"'s sales performance in comparison with respective rankings of other sellers'"'"' sales performances; and

(c) means for displaying an estimate of a commission payable to the seller if the sale closes.

30. A handheld sales support computer comprising:

(a) means, operable by the seller, for recording data about a prospect, referred to as prospect data;

(b) means for interrogating a sales information data store, at least a part of which resides within a central computer unit, to obtain information requested by the seller, referred to as requested sales information;

(c) means for displaying the requested sales information to the seller, including means for preventing the seller from perceiving sales information from the sales information data store if the seller does not record the prospect data;

(d) means for accessing an external data store;

(e) means for preventing the seller from retrieving information from the external data store if the seller does not comply with a desired sales communication process;

(f) means for recording time stamps identifying the time of performance of respective steps in the desired sale communication process;

(g) means for selective audio recording of a conversation between the seller and the prospect;

(h) means for transmitting identifying information about the prospect, including a representation of the prospect'"'"'s signature, to a financial institution;

(i) means for accessing a creditworthiness report on the prospect;

(j) means for accessing a data store of financing option information;

(k) means for transmitting a sales offer;

(l) means for receiving a response to the offer

(m) means for displaying an estimate of likelihood of closing the sale with the prospect;

(n) means for displaying an estimate of a commission payable to the seller if the sale closes; and

(o) means for displaying a ranking of the seller'"'"'s sales performance in comparison with respective rankings of other sellers'"'"' sales performances.