Chapter 19 Flashcards
Personal Selling
Paid personal communication that attempts to inform customers and persuade them to buy products in an exchange situation.
Prospecting
Developing a database of potential customers.
Approach
The manner in which a salesperson contacts a potential customer.
Closing
The stage in the personal selling process when the salesperson asks the prospect to buy the product.
Order Getter
A salesperson who sells to new customers and increases sales to current customers.
Order Takers
Salespeople who primarily seek repeat sales.
Support Personnel
Sales staff members who facilitate selling but usually are not involved solely with making sales.
Missionary Salespeople
Support salespeople, usually employed by a manufacturer, who assist the producer’s customers in selling to their own customers.
Trade Salespeople
Salespeople involved mainly in helping a producer’s customers promote a product.
Technical Salespeople
Support salespeople who give technical assistance to a firm’s current customers.
Team Selling
The use of a team of experts from all functional areas of a firm, led by a salesperson, to conduct the personal selling process.
Relationship Selling
The building of mutually beneficial long-term associations with a customer through regular communications over prolonged periods of time.
Recruiting
Developing a list of qualified applicants for sales positions.
Straight Salary Compensation Plan
Paying salespeople a specific amount per time period, regardless of selling efforts.
Straight Commission Compensation Plan
Paying salespeople according to the amount of their sales in a given time period.
Combination Compensation Plan
Paying salespeople a fixed salary plus a commission based on sales volume.