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20 Cards in this Set

  • Front
  • Back
the trait of having imagination and inventiveness and using it to come up with new solutions and ideas
creativity
process of making the customer the center of everything that the selling firm does
customer-centric
a system to organize information about customers, their needs, company information, and sales information
customer relationship management (CRM)
set of people and organizations responsible for the flow of products and service from the producer to the ultimate user
distribution channel
the ability to effectively understand and use your own emotions and those of people with whom you interact
emotional intelligence
salespeople who spend considerable time in the customer's place of business, communicating with the customer face to face
field salespeople
the various options that firms have to sell their product. ex: internet, franchises, agents, field salespeople
go-to-market
salespeople who work at their employer's location and interact with customers by telephone or letter
inside salespeople
coordinated communications programs that exploit the strengths of various communication vehicles to maximize the total impact of customers
integrated marketing communications
the sum of the customer's purchases over its entire life
lifetime customer value
independent businesspeople who are pain a commission by a manufacturer for all products and services the agent sells
manufacturer's agents
salespeople who work for a manufacturer and promote the manufacturer's products to other firms. Those firms buy products from distributors or other manufacturers, not directly from the salesperson's firm
missionary salespeople
the process of a firm using various go-to-market strategies at the same time
multichannel strategy
interpersonal communication process in which a seller uncovers and satisfies the needs of a buyer to the mutual, long-term benefit of both parties
personal selling
firms whose go-to-market strategy relies heavily on salespeople
sales-force intensive organization
programs designed to reduce errors introduced by the selling system
six sigma selling programs
salespeople who sell to firms that resell the products rather than using them within their own firms
trade salespeople
a phrase that highlights the fact that customers expect a selling firm to be available 24 hours a day, 7 days a week
24/7 service
the total benefit that the seller's products and services provide to the buyer
value
a written statement that clearly states how purchasing your product or service can help add shareholder value
value proposition