Ch. 13 Personal Selling and Sales Promotion Flashcards
Personal selling
Personal presentations by the firm’s sales force for the purpose of making sales and building customer relationships.
Salesperson
An individual representing a company to customers by performing one or more of the following activities: prospecting, communicating, selling, servicing, information gathering, and relationship building.
Sales force management
Analyzing, planning, implementing, and controlling sales force activities.
Territorial sales force structure
A sales force organization that assigns each salesperson to an exclusive geographic territory in which that salesperson sells the company’s full line.
Product sales force structure
A sales force organization in which salespeople specialize in selling only a portion of the company’s products or lines.
Customer (or market) sales force structure
A sales force organization in which salespeople specialize in selling only to certain customers or industries.
Outside sales force (or field sales force)
Salespeople who travel to call on customers in th field.
Inside sales force
Salespeople who conduct business from their offices via telephone, the Internet, or visits from prospective buyers.
Team selling
Using teams of people from sales, marketing, engineering, finance, technical support, and even upper management to service large, complex accounts.
Sales quota
A standard that states the amount a salesperson should sell and how sales should be divided among the company’s products.
Selling process
The steps that salespeople follow when selling, which include prospecting and qualifying, preapproach, approach, presentation and demonstration, handling objections, closing, and follow-up.
Prospecting
The sales step in which a salesperson or company identifies qualified potential customers.
Preapproach
The sales step in which a salesperson learns as much as possible about a prospective customer before making a sales call.
Approach
The sales step in which a salesperson meets the customer for the first time.
Presentation
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.