Ch. 13 Personal Selling and Sales Promotion Flashcards

1
Q

Personal selling

A

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

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2
Q

Salesperson

A

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.

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3
Q

Sales force management

A

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

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4
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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5
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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6
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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7
Q

Outside sales force (or field sales force)

A

Salespeople who travel to call on customers in th field.

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8
Q

Inside sales force

A

Salespeople who conduct business from their offices via telephone, the Internet, or visits from prospective buyers.

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9
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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10
Q

Sales quota

A

A standard that states the amount a salesperson should sell and how sales should be divided among the company’s products.

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11
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.

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12
Q

Prospecting

A

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

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13
Q

Preapproach

A

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

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14
Q

Approach

A

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

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15
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.

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16
Q

Handling objections

A

The sales step in which a salesperson seeks out, clarifies, and overcomes any customer objections to buying.

17
Q

Closing

A

The sales step in which a salesperson asks the customer for an order.

18
Q

Follow-up

A

The sales step in which a salesperson follows up after the sale to ensure customer satisfaction and repeat business.

19
Q

Sales promotion

A

Short-term incentives to encourage the purchase or sales of a product or a service.

20
Q

Consumer promotions

A

Sales promotion tools used to boost short-term customer buying and involvement or to enhance long-term customer relationships.

21
Q

Event marketing (or event sponsorships)

A

Creating a brand-marketing event or serving as a sole or participating sponsor of events created by others.

22
Q

Trade promotions

A

Sales promotion tools used to persuade resellers to carry a brand, give it shelf space, promote it in advertising, and push it to consumers.

23
Q

Business promotions

A

Sales promotion tools used to generate business leads, stimulate purchases, reward customers, and motivate salespeople.