Test 4 Flashcards
Why are sales territories developed?
Coverage Responsibilities Evaluate performance Customer relations Reduce sales expenses Match to customer needs Benefit everyone
3 types of territories
Geography
Industry-specific
Once contacted my customer
Time allocation for territories
Number of accounts Number sales calls made Time per call Frequency per customer Travel time Non-selling time Return on time invested Sales response function
How to manage time with territories
Productive lunches Use waiting time Streamline reports & records Use phone Scheduling Routing
What types of ethical responsibilities do organizations have?
- Discretionary responsibility (Contribute to the community and quality of life)
- Ethical Responsibility (Be ethical. Do what is right)
- Legal Responsibility (Obey the Law)
- Economic Responsibility (Be Profitable)
What types of responsibilities do individuals have?
Preconventional – own interests
Conventional – legal laws (most common)
Principled – own code
What actions do salespeople take that create ethical issues?
Make exaggerated claims
Offer a customer an unauthorized ‘gift’ in return for their business
Conceal info from a customer
Put non-business-related expenses on expense account
Divulge confidential info about a customer to another to get a sale
What legal and ethical issues stem from situations between customers and salespeople?
- Bribes
- Misrepresentation (Staying legal: educate customers, be accurate, avoid exaggeration, know products/services and know laws)
Whistleblower concept
Speaking up about wrongdoing
Buying signals
Relaxes body/becomes friendly Asks questions Asks another person’s opinion Carefully examines product Asks about options
Different ways to close
Alternative Choice Assumptive Compliment Summary of benefits Standing-room only Probability Negotiation
What are the ways to get motivated after you are rejected by a customer?
Learn from every call Use positive words Set realistic goals Never personalize a rejection Spend more time with successful, optimistic people Create personal incentives Frame rejection as part of success Focus on the future
4 communication styles
Expressive, driver, amiable, analytical
Expressive
High assertive & high responsive
Social specialists
Typically show their emotions
Amiable
Low assertive & high responsive
Relationship specialists
Typically show their emotions & work to help others