16. Personal Selling and Sales Promotion Flashcards

1
Q

Salesperson

A

An individual who “represents a company to customers” by performing one or more of the following activities: prospecting, communicating, selling, servicing, information gathering, and relationship building.

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2
Q

personal selling

A

Personal presentations by the firm’s sales force for the purpose of engaging customers, making sales, and building customer relationships.

Personal selling is the interpersonal part of the promotion mix and can include:
Face-to-face communication
Telephone communication
Video or Web conferencing

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3
Q

Sales force management

A

Analyzing, planning, implementing, and controlling sales force activities.

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4
Q

The Sales Force Structure

A
  1. Territorial sales force structure
  2. Product sales force structure
  3. Customer sales force structure
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5
Q

Territorial sales force structure

A

A sales force organization that assigns each salesperson to an exclusive geographic territory in which that salesperson sells the company’s full line.

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6
Q

product sales force structure

A

A sales force organization in which salespeople specialize in selling only a portion of the company’s products or lines.

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7
Q

Customer (or market) sales force structure

A

A sales force organization in which salespeople specialize in selling only to certain customers or industries.

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8
Q

Outside sales force (field sales force)

A

salespeople who travel to call on customers in the field.

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9
Q

Inside sales force

A

salespeople who conduct business from their offices via telephone, online and social media interactions, or visits from prospective buyers.

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10
Q

Team selling

A

Using teams of people from sales, marketing, engineering, finance, technical support, and even upper management to service large, complex accounts.

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11
Q

Recruiting and Selecting Salespeople

A

Careful selection and training increases sales performance.

Poor selection increases recruiting and training costs, leads to lost sales, and disrupts customer relationships.

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12
Q

3 Goals of training Salespeople

A

Customer knowledge
Selling process
Knowledge of products, company, competitors

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13
Q

Supervising and Motivating Salespeople

A

The goal of supervision is to help salespeople work smart by doing the right things in the right ways.
The goal of motivation is to encourage salespeople to work hard and energetically toward sales force goals.

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14
Q

Sales morale and performance can be increased through

A

Organizational climate
Sales quotas
Positive incentives

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15
Q

Evaluating Salespeople and Sales Force Performance

A

Sales reports
Call reports
Expense reports

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16
Q

Selling process

A

The steps that salespeople follow when selling, which include prospecting and qualifying, preapproach, approach, presentation and demonstration, handling objections, closing, and follow-up.

17
Q

Prospecting and Qualifying

A

Prospecting: The sales step in which a salesperson or company identifies qualified potential customers.

Prospecting identifies qualified potential customers through referrals from:
Customers
Suppliers
Dealers
Internet
Qualifying involves identifying good customers and screening out poor ones by looking at
Financial ability
Volume of business
Needs
Location
Growth potential
18
Q

pre-approach

A

The sales step in which a salesperson learns as much as possible about a prospective customer before making a sales call.

19
Q

Approach

A

The sales step in which a salesperson meets the customer for the first time.

20
Q

Presentation

A

The sales step in which a salesperson tells the “value story” to the buyer, showing how the company’s offer solves the customer’s problems.