Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
23 Cards in this Set
- Front
- Back
Personal Selling |
Personalpresentation by the firm's sales force for the purpose of making sales andbuilding customer relationships. |
|
Salesperson |
Anindividual representing a company to customers by performing one or more of thefollowing activities' prospecting, communicating, selling, servicinginformation gathering, and relationship building. |
|
Sales force management |
The analysis, planning, implementation andconsole of sales force activities. It includes designing sales force strategy,and structure and recruiting, selecting, training, compensating, supervising,and evaluating the firm's salespeople. |
|
Territorial sales force structure |
Asales force organization that assigns each sales person to an exclusivegeographic territory in which that salesperson sells the company's full line. |
|
Product sales force structure |
A sales force organization under whichsalespeople specialize in selling only a portion of the company's products orlines. |
|
Customer (or market) sales force structure |
Asales force organization under which sales people specialize in selling only tocertain customers or industries. |
|
Outside sales force (or field sales force) |
Outsidesales people who travel to call on customers in the field. |
|
Inside sales force |
Insidesales people who conduct business from their offices via telephone, theinternet, or visit from prospective buyers. |
|
team selling |
Usingteams of people from sales, marketing, engineering, finance, technical support,and even upper management to service large complex accounts? |
|
Sales Quota |
Astandard that states the amount a sales person should sell and how sales shouldbe divided among the company's products.e5A |
|
Selling process |
The steps that salespeople follow whenselling, which include prospecting and qualifying, preapproach, approach,presentation and demonstration, handling objections, closing and follow up. |
|
Prospecting |
Thestep in the selling process in which the salesperson or company identifiesqualified potential customers. |
|
Preapproach |
Thestep in the selling process in which the salesperson learns as much as possible about a prospective customerbefore making a sales call.c. |
|
Approach |
thestep in the selling process in which the sales person meets the customer forthe first time. |
|
Presentation |
Thestep in selling process in which the sales person tells the "valuestory" to the buyer, showing how the company's offer solves the customer'sproblems. |
|
Handling objections |
Thestep in the selling process in which the sales person seeks out, clarifies, andovercomes customer objections to buying. |
|
closing |
Thestep in the selling process in which the salespersons asks the customer for anorder. |
|
Follow-up |
Thelast step in the selling process in which the salesperson follows up after thesale to endure the customer satisfaction and repeat business. |
|
Sales promotions |
Short-termincentives to encourage the purchase or sales of a product or a service. |
|
Consumer promotions |
Salespromotion tools used to boost short-term customer buying and involvement or toenhance long-term customer relationships. |
|
event marketing |
Creatinga brand-marketing event to serving as asole or participating sponsor of events created by others. |
|
trade promotions |
Sales promotion tools used to persuade resellersto carry a brand, give it shelf space, promote it in advertising and push it toconsumers. |
|
Business promotions |
Salespromotion tools used to generate business leads, stimulate purchases, rewardcustomers, and motivate sales person. |