Chapter 2 Flashcards

0
Q

Job enlargement

A

Sales role is broader than in the past

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1
Q

Adaptive selling

A

Altering of sales behaviors during a customer interaction or across customer interactions based on perceived information about the nature of the selling situation

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2
Q

Retail selling

A

Selling goods or services to end user consumers for their own personal use

Direct sellers
Residential real estate brokers
Retail salespeople

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3
Q

Industrial selling

A

B2B

sales of goods and services to non end user consumers

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4
Q

3 types of industrial selling

A

Sales to resellers
Sales to business users
Sales to institutions

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5
Q

B2B selling types

A

Trade servicer
Missionary seller
Technical seller
New business seller

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6
Q

Trade servicer

A

Increases business from current and potential customers by providing them with merchandising and promotional assistance

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7
Q

Missionary seller

A

Increases business from current and potential customers by providing them with product information and other personal selling assistance

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8
Q

Technical seller

A

Increases business from current and potential customers by providing them with technological and engineering information and assistance

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9
Q

New business seller

A

Identifies and obtains business from new customers

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10
Q

Stages in the selling process

A
Prospecting for customers
Opening the relationship
Qualifying the prospect
Presenting  the sales message
Closing the sale
Servicing the account
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11
Q

Buying center

A

All those who participate in buying or influencing the purchase of a particular product

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12
Q

Initiators

A

People who perceive a problem or opportunity that may require the purchase of a new product or service and thereby starts the buying process

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13
Q

Users

A

People in the organization who must use or work with the product or service

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14
Q

Influencers

A

Provide information for evaluating alternative products and suppliers

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15
Q

Gatekeepers

A

Control flow of information to other people involved in the purchasing process

16
Q

2 types of gatekeepers

A

Screen

Filters

17
Q

Buyer

A

Person who actually contacts the selling organization and places the order

18
Q

Decider

A

The person with the final authority to make a purchase decision

19
Q

Controller

A

Person who determines the budget for the purchase

20
Q

Perceived risk

A

A function of the complexity of the product and situation, relative importance of the purchase, time pressure to make a decision, and the degree of uncertainty about the products efficacy

21
Q

Selling center

A

Brings together individuals from around the organization to help the salesperson do his or her job more effectively

22
Q

Team selling

A

Structure within the sales organization that best meets customer needs

23
Q

Matrix organization

A

Direct reports and supporting internal consultants

24
Q

Key account

A

Have a senior salesperson assigned as a key account manager who works with a team that is dedicated to serving that large and important customer

25
Q

Derived demand

A

Needs are derived from its customers demand for the goods and services it produces or markets

26
Q

Slotting allowances

A

Fees charged by a retailer for the privilege of having them set up a new item in their IT system, program it into inventory, and ultimately make distribution of the item to the stores

27
Q

New task purchases

A

Customer is buying a relatively complex and expensive product or service for the first time

28
Q

Modified rebuy

A

Customer is interested in modifying the product specifications prices or other terms it has been receiving from existing suppliers and is willing to consider dealing with new suppliers to make these things happen

29
Q

Straight rebuy

A

Customer is reordering an item it has purchased many times

30
Q

Out supplier

A

Objective must be to move the customer away from the automatic reordering procedures of a straight rebuy toward the more extensive evaluation processes of a modified rebuy