Chapter 16 Flashcards

1
Q

Personal selling

A

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

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2
Q

Salesperson

A

An individual who represents 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

Salesperson owned loyalty

A

To many customers, the salesperson is the company, since they are the only tangible manifestation of the company that they see

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4
Q

Sales force management involves:

A

Analysing, planning, implementing, and controlling sales force activities

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5
Q

What are the major steps in sales force management

A

Designing sales force strategy and structure

Recruiting and selecting sales people

Training salespeople

Compensating salespeople

Supervising salespeople

Evaluating salespeople

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6
Q

What is territorial sales force structure?

A

A sales force organisation assigns each salesperson to an exclusive geographic territory in which that salesperson sells the company’s full line

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7
Q

When should a territorial sales force structure be used?

A

If the company only sells one product line to one industry in many locations

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8
Q

What is a product sales force structure?

A

Salespeople specialise in selling only a portion of the company’s product or lines

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9
Q

When should a product sales force structure be used?

A

If the company sells many products to many types of customer it needs either a product sales force structure, a customer sales force structure, or a mix of those two

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10
Q

What can a company use to determine the sales force size?

A

Workload approach

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11
Q

Workload approach

A

A company first groups accounts into different classes according to size, account status, or other factors related to the amount of effort required to painting the account

Then it decides the number of salespeople needed to call on each class of accounts the desired number of times

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12
Q

Outside sales force

A

Salespeople travel to call on customer in the field

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13
Q

Inside sales force

A

Where salespeople conduct business from their offices via telephone, online and social media interactions, or visits from prospective buyers

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14
Q

Personal selling process

A

Contains multiple steps that salespeople follow when selling

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15
Q

What are the steps in personal selling process?

A

Prospecting and qualifying

Preapproach

Approach

Presentation and demonstration

Handling objections

Closing

Follow up

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16
Q

Prospecting

A

Involves a salesperson or company identifying qualified potential customers

17
Q

Preapproach

A

A salesperson learns as much as possible about a prospective customer before making a sales call

18
Q

Approach

A

The step where a salesperson meets the customer for the first time

19
Q

Presentation

A

Involves the salesperson telling the value story to the buyer, showing how the company’s offer solves the customer’s problems

20
Q

Handling objections

A

Where a salesperson seeks out, clarifies, and overcome any customer objection to buying

21
Q

Closing

A

The step where a salesperson seeks out, clarifies, and overcomes any customer objections to buying

22
Q

Closing

A

The step where a salesperson seeks out, clarifies, and overcome any customer objections to buying

23
Q

Closing

A

The step where a salesperson seeks out, clarifies, and overcomes any customer objections to buying

24
Q

Closing

A

The step where a salesperson asks the customer for an order

25
Q

Follow up

A

Involves a salesperson following up after the sale to ensure customer satisfaction and repeat business