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23 Cards in this Set

  • Front
  • Back
personal selling
personal presentation by the firm's sales force for the purpose of making sales and building customer relationships
salesperson
an individual representing a company to customers by performing one or more of the following activities: prospecting, communicating, selling, servicing, information gathering, and relationship building
sales force management
analysis, planning, implementation, and control of sales force activities
territorial sales force structure
a sales force organization that assigns each salesperson to an exclusive geographic territory in which that salesperson sells the company's full line
product sales force structure
a sales force organization under which salespeople specialize in selling only a portion of the company's products or lines
customer (market) sales force structure
a sales force structure under which salespeople specialize in selling only to certain customers or industries
outside (field) sales force
salespeople who travel to call on customers in the field
inside sales force
salespeople who conduct business from their offices via telephone, the internet, or visits from prospectives buyers
team selling
using teams of people from sales, marketing, engineering, finance, technical support, and even upper management to service large, complex accounts
sales quota
a standard that states the amount a salesperson should sell and how sales should be divided among the company's products
selling process
the steps that salespeople follow when selling, which include prospecting and qualifying, preapproach, approach, presentation and demonstration, handling objections, closing, and follow-up
prospecting
a salesperson or company identifies qualified potential customers
preapproach
a salesperson learns as much as possible about a prospective customer before making a sales call
approach
a salesperson meets the customer for the first time
presentation
the step in the selling process in which the salesperson tells the "product story" to the buyer, highlighting customer benefits
handling objections
a salesperson seeks out, clarifies, and overcomes any customer objections to buying
closing
a salesperson asks the customer for an order
follow-up
a salesperson follows up after the sale to ensure customer satisfaction and repeat business
sales promotion
short-term incentives to encourage the purchase or sale of a product or service
customer promotion tools
sales promotion tools used to urge short-term customer buying or to enhance long-term customers relationship
event marketing
creating a brand-marketing event or serving as a sole or participating sponsor of events created by others
trade promotion tools
sales promotion tools used to persuade resellers to carry a brand, give it shelf space, promote it in advertising, and push in
business promotion tools
sales promotion tools used to generate business, leads, stimulate purchases, reward customers, and motivate salespeople