Ch 1. The Evolving Journey Of Solution Selling Flashcards

Consolidate first chapter about solution selling evolution

1
Q

What is the nature of a product selling relationship?

A

Supplier reacts to purchase orders

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2
Q

What are the selling skills involved in product selling?

A

Strong knowledge of the product portfolio.

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3
Q

What are the customer expectations in product selling?

A

Quality Product/Service at a good price

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4
Q

What is the nature of the relationship with a solution seller?

A

Supplier viewed as a trusted advisor

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5
Q

What are the selling skills of a solution seller?

A

Boardroom level engagement with the customer

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6
Q

What are the customer expectations when dealing with a solution seller?

A

Provision of strategic insight regarding the customers business

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7
Q

What is “Solutions Fatigue” caused by?

A

Its caused by the increased burden on customers as suppliers ask questions trying to understand their problems and come up with solutions

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8
Q

What are the four trends of customer buying behaviour?

A
  1. the rise of the consensus based sale
  2. increased risk aversion
  3. Greater demand for customisation
  4. the rise of third party consultants
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