Test 4 Flashcards

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1
Q

Why are sales territories developed?

A
Coverage
Responsibilities
Evaluate performance
Customer relations
Reduce sales expenses
Match to customer needs
Benefit everyone
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2
Q

3 types of territories

A

Geography
Industry-specific
Once contacted my customer

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3
Q

Time allocation for territories

A
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
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4
Q

How to manage time with territories

A
Productive lunches
Use waiting time
Streamline reports & records
Use phone
Scheduling 
Routing
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5
Q

What types of ethical responsibilities do organizations have?

A
  • 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)
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6
Q

What types of responsibilities do individuals have?

A

Preconventional – own interests
Conventional – legal laws (most common)
Principled – own code

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7
Q

What actions do salespeople take that create ethical issues?

A

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

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8
Q

What legal and ethical issues stem from situations between customers and salespeople?

A
  • Bribes
  • Misrepresentation (Staying legal: educate customers, be accurate, avoid exaggeration, know products/services and know laws)
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9
Q

Whistleblower concept

A

Speaking up about wrongdoing

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10
Q

Buying signals

A
Relaxes body/becomes friendly
Asks questions
Asks another person’s opinion
Carefully examines product
Asks about options
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11
Q

Different ways to close

A
Alternative Choice
Assumptive
Compliment
Summary of benefits
Standing-room only
Probability
Negotiation
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12
Q

What are the ways to get motivated after you are rejected by a customer?

A
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
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13
Q

4 communication styles

A

Expressive, driver, amiable, analytical

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14
Q

Expressive

A

High assertive & high responsive
Social specialists
Typically show their emotions

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15
Q

Amiable

A

Low assertive & high responsive
Relationship specialists
Typically show their emotions & work to help others

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16
Q

Driver

A

High assertive & low responsive
Control specialists
Typically control their emotions and communicate very directly

17
Q

Analytical

A

Low assertive & low responsive
Technical specialists
Typically control their emotions and tend to be quiet people

18
Q

Why do you want to retain customers?

A

Leads to account penetration through word of mouth, reduced operating costs, price premium, more purchases, and base profits

19
Q

4 types of customers

A

Vulnerable customer: satisfied with product but dissatisfied with relationship
Loyal customer: satisfied with product and satisfied with relationship
Hopeful customer: dissatisfied with product but satisfied with relationship
Saboteur customer: dissatisfied with product and dissatisfied with relationship

20
Q

Service to delight customers

A
Go above what they expect
Use service surprises
Visit/contact often
Say thank you
Handle problems fast
Help them sell