Chapter 21 Flashcards

1
Q

Two-way flow of communication between a buyer and seller, often face-to-face encounter, designed to influence purchase decision

A

Personal Selling

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2
Q

Consists of planning the selling program and implementing and evaluating the personal selling effort of the firm.

A

Sales Management

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3
Q

Practice of building ties to customers based on a salespersons attention an commitment to customer needs over time.

A

Relationship Selling

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4
Q

Practice where buyers and sellers combine resources to create customized solutions, planning, share customer, competitive, and company information for benefit. (Enterprise Selling)

A

Partnership Selling

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5
Q

Processes routine orders or reorders for products that were already sold by the company.

A

Order Taker

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6
Q

Sells in a conventional sense and identifies prospective customers, provides information, persuades, closes sales, follows up customers use of product.

A

Order Getter

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7
Q

Team of professionals who sell and service

A

Team Selling

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8
Q

Format that assumes that given the appropriate stimulus by a salesperson, the prospect will buy

A

Stimulus-Responce Presentation

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9
Q

Format that consists of information that must provide in an accurate, thorough, and step-by-step manner to inform

A

Formula Selling Presentation

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10
Q

Format that emphasizes probing and listening by the salesperson to identify needs and interest of prospect buyers

A

Need-Satisfaction Presentation

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11
Q

Need satisfaction presentation format that adjusts presentation to fit the selling situation.

A

Adaptive Selling

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12
Q

Need satisfaction presentation format that focuses on problem identification, salesperson serves as an expert on problem

A

Consulting Selling

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13
Q

Describes what needs to be achieved

A

Sales Plan

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14
Q

Specify whom salespeople should contact, what kinds of selling and customer service activities

A

Account Management Policies

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15
Q

Ability to understand one’s own emotions and those of the people who the interact with

A

Emotional Intelligence

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16
Q

Process of providing sales organization with information, and tools that help salespeople.

A

Sales Enablement

17
Q

Specific goals assigned to a salesperson for a stated time period

A

Sales Quota

18
Q

Use of computer, information, communication, and internet technologies for efficiency.

A

Salesforce Automation (SFA)

19
Q

How do Consumers See Sales People

A

Sales people are the company in a consumers eyes

20
Q

Lead
Prospect
Qualified Prospect

A

Types of Prospects

21
Q

Stages in Personal Selling Process

A

Prospecting
Preaproach
Approach
Presentation
Close
Follow-Up

22
Q

Search for and Qualify Prospects

A
  1. Prospecting
23
Q

Gather Information and Decide how to Approach the Prospect

A
  1. Preapproach
24
Q

Gain a Prospects Attention, Stimulate interest, and Make Transition to Presentation

A
  1. Approach
25
Q

Begin Converting Prospect into a Customer by Creating a Desire for the Product or Service

A
  1. Presentation
26
Q

Obtain a Purchase Commitment From the Prospect and Create a Customer

A
  1. Close
27
Q

Ensure that the Customer is Satisfied with the Product or Service

A
  1. Follow-Up
28
Q

How Can you Organize The Sales Force

A

Geography
Customer
Product