Chapter 11 Flashcards

1
Q

Pareto Principle

A

80% of a selling firm’s profit may come from 20% of its customers

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2
Q

Strategic Account Management (SAM)

A

collection of responsibilities involved with managing relationships with the most strategically important accounts

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3
Q

Market turbulance

A

rate of change in customer composition and customer presence within a market

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4
Q

Authenticity

A

what is real and genuine

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5
Q

Thought leaders

A

authoritative figures on topics

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6
Q

Social selling index (SSI)

A

score created by LinkedIn that assesses a salesperson impact on their platform

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