Exam 1 Flashcards
Why is selling important in our economy?
it helps businesses keep up with significant developments
Who recognizes why selling is important in our economy?
businesses
What functions do sales people perform in a business?
identify customer needs, determine ways those needs could be met by the products or services they offer, and then provide that information to the customer, also identify those needs that cant be satisfied by that company and suggesting new ideas to the company that would solve those needs
What indicates the critical importance of sales people? What do companies do that indicate
compensation, and the extensive amount that is spent on the training of sales people
How does compensation rank for sales ppl vs other professions
more sales people earn above $100,000 annually than persons in any other profession
Greatest problem faced by any sales person
handling rejection
What are the characteristics of successful sales people?
enthusiasm, empathy, goal direction, ability to ask questions, resourcefulness, administrative ability, initiative, perseverance, pleasant personality
Unique feature of a sales career
it frees you from a mundane daily routine
If you seek advancement as a sales person what do you find?
almost any option for career advancement is open to those who are motivated to be successful and seek advancement
100 grand by the time your 30 what factors in sales would be an advantage
enthusiasm, empathy, goal direction, ability to ask questions, resourcefulness, administrative ability, initiative, perseverance, pleasant personality
what is true about a sales person who takes time to ask questions and listens to the answers
when you learn to ask the right questions you will gain new prospects, discover valuable qualifying information, uncover the prospects buying motives, and be able to anticipate most objections
During sales presentation which should you focus on Features or benefits
benefits that fit the needs your client expressed
What tasks do professional sales ppl perform
identify qualified prospects, plan preapproach activities, approach prospect, discover needs, make presentation, handle objections and gain commitment, service after the sale
What tasks do professional sales ppl perform
.
TQM- what did deming say about when things go wrong in the field(what is at fault)
when things go wrong there is an 85 percent chance that the system is at fault, only about 15 percent of the time can the individual sales person be blamed
1st time a qualified prospect who meets all requirements says no what should you do
keep trying
1st time a qualified prospect who meets all requirements says no what should you do
.
Definition of benefits
ways that the product or service will help the client
As a rep for the company the sales person is responsible for what when it comes to ethics
must accurately represent the products and services and deliver the kind of follow-up service that the company promises