Chapter 16 Flashcards

1
Q

selling

A

providing a service or product for an amount of money

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2
Q

salesperson

A

individual who represents a company to consumers

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3
Q

territorial sales force structure

A

assigns each salesperson to a geographic area

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4
Q

product sales force structure

A

salesperson specialize in selling a portion of the company’s products or lines

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5
Q

customer (or market) sales force structure

A

salespeople specialize in selling only to certain customers or industries

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6
Q

complex sales force structure

A

combines several types of sales force structures

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7
Q

sales quota

A

a standard that states the amount a salesperson should sell

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8
Q

Steps in the selling process:
Prospecting

A

identifies potential consumers

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9
Q

Steps in the selling process:
Qualifying

A

identifies good customers

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10
Q

Steps in the selling process:
Pre-approach

A

learns as much as possible about a possible consumer

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11
Q

Steps in the selling process:
Approach

A

salesperson meets the customer for the first time

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12
Q

Steps in the selling process:
presentation

A

tells the “value story” to the buyer

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13
Q

Steps in the selling process:
Handling objections

A

overcomes any objections

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14
Q

Steps in the selling process:
closing

A

asks the customer for an order

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15
Q

Steps in the selling process:
follow-up

A

follows up after the sale to ensure customer satisfaction

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16
Q

sales promotion

A

short-term incentives to buy a product

ex. discounts

17
Q

consumer promotions

A

sales promotion
boost short-term customer buying

ex. samples, cash refunds…

18
Q

event marketing

A

brand-marketing event

19
Q

trade promotions

A

persuade resellers to carry a brand

20
Q

business promotions

A

generate business leads
stimulate purchases