Business

Question 1

The Four P’s of Marketing

Answer 1

product
price
place
promotion

Question 2

Product

Answer 2

the specific product or service offered to customers

Question 3

Price

Answer 3

amount charged for a product or service

Question 4

Place

Answer 4

channels a product or service will go through to reach the customer

Question 5

Promotion

Answer 5

communication of info about a product

Question 6

Step 1 of Success

Answer 6

what is desired annual income

Question 7

Step 2 of Success

Answer 7

how much must be earned per week to achieve the annual goal

Question 8

Step 3 of Success

Answer 8

to earn the weekly goal, how many sessions need to be performed

Question 9

Step 4 of Success

Answer 9

what is the closing percentage

Question 10

Step 5 of Success

Answer 10

in what timeframe will new clients be acquired

Question 11

Step 6 of Success

Answer 11

how many potential clients need to be interacted with overall to gain clients within the timeframe

Question 12

Step 7 of Success

Answer 12

how many potential clients need to be contacted each day

Question 13

Step 8 of Success

Answer 13

how many potential clients need to contacted each hour of the day

Question 14

Step 9 of Success

Answer 14

ask each member spoken to for his or her information

Question 15

Step 10 of Success

Answer 15

follow up

Question 16

Asking for the Sale

Answer 16

most sales are lost because they are not asked for:
there was not enough value built into the sale
insufficient level of rapport
potential client can’t pay