Chapter 18 Flashcards

(13 cards)

1
Q

6 Steps of the Personal Selling Process

A
Prospecting 
Pre-Approach
Approach 
Presentation 
Close 
Follow-Up
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2
Q

Define prospecting

A

selecting potential customers

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3
Q

Define the pre-approach

A

obtain info on customer, decide method of approach

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4
Q

Define the Approach

A

initial meeting

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5
Q

3 Types of Presentations

A
  • stimulus response
  • need satisfaction
  • formula selling
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6
Q

Define Stimulus Response Presentation

A

selling format assumes prospect will buy if given appropriate stimulus

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7
Q

Define Need-Satisfaction Presentation

A

selling format emphasizes probing and listening by salesperson to identify needs and wants of buyer

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8
Q

Define formula selling presentation

A

providing information in an accurate, thorough, and step-by-step manner to inform the prospect

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9
Q

Define the close

A

obtaining purchase commitment

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10
Q

Define the follow-up

A

ensure proper delivery/installation; build rapport

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11
Q

3 Keys to Recruiting Salespeople

A

Job Analysis
Trained, not born
All salespeople need training

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12
Q

3 Types of Salesperson Compensation

A

Salary
Commission
Combination Plan

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13
Q

2 Way to Evaluate Salespeople

A
  • Sales Quota

- Other Measures (Generally behavioural)

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