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Chap 21
exam 4
| Question | Answer |
|---|---|
| personal selling | is the two-way flow of communication between a buyer and seller, often in a face-to-face encounter, designed to influence a person’s or group’s purchase decision. |
| sales management | consists of planning the selling program and implementing and evaluating the personal selling effort of the firm. |
| order taker | processes routine orders or reorders for products that were already sold by the company. |
| relationship selling | is the practice of building ties to customers based on a salesperson’s attention and commitment to customer needs over time. |
| order getter | sells in a conventional sense and identifies prospective customers, provides customers with information, persuades customers to buy, closes sales, and follows up on customers’ use of a product or service |
| personal selling process | consists of sales activities occurring before, during, and after the sale itself, consisting of six stages: (1) prospecting, (2) preapproach, (3) approach, (4) presentation, (5) close, and (6) follow-up |
| stimulus-response presentation | is a sales presentation format that assumes that given the appropriate stimulus by a salesperson, the prospect will buy |
| formula selling presentation | is a sales presentation format that consists of information that must be provided in an accurate, thorough, and step-by-step manner to inform the prospect. |
| need-satisfaction presentation | is a sales presentation format that emphasizes probing and listening by the salesperson to identify needs and interests of prospective buyers. |
| objections | excuses for not making a purchase commitment or decision |
| salesforce automation | is the use of computer, information, communication, and Internet technologies to make the sales function more effective and efficient. |
| marketing automation | applies systems and technologies, including AI algorithms, to provide insights to salespeople |