4 Flashcards
Importance of Sales for starting and Maintaining
survival
penetrating the market
growing to meet goals of business plan
Sales ethics
confidentiality, representing the facts, responsibility to client employer and community
bad ethics caused by overambitious efforts, heavy pressure on managers, and organizational cultures which prioritize profit above ethics
Negotiation process
Preparation: most of the work: who, needs, BATNA, minimal outcome, variables to negotiate
Proposal: not too high or low, establish good intentions, resist salami tactics
Discussion: alternative suggestions, use different variables prepared earlier
Bargaining: excuses vs objections
Closure: availablility questions, delivery questions, etc
repeat agreement in detail, make written document if possible
Definition of communication
exchange of ideas information and emotion verbally or nonverbally
Elements of communication
face to face, telephone, email, newsletters
Communication Noise
elements which hinder the correct delivery of a message
Definition of Active Listening
listening and responding with what you believe the person meant both in terms of literal and emotional content. repeating back to them your understanding, providing nonverbal cues to show you are paying attention and understand them