Chapter 18 Flashcards
(13 cards)
6 Steps of the Personal Selling Process
Prospecting Pre-Approach Approach Presentation Close Follow-Up
Define prospecting
selecting potential customers
Define the pre-approach
obtain info on customer, decide method of approach
Define the Approach
initial meeting
3 Types of Presentations
- stimulus response
- need satisfaction
- formula selling
Define Stimulus Response Presentation
selling format assumes prospect will buy if given appropriate stimulus
Define Need-Satisfaction Presentation
selling format emphasizes probing and listening by salesperson to identify needs and wants of buyer
Define formula selling presentation
providing information in an accurate, thorough, and step-by-step manner to inform the prospect
Define the close
obtaining purchase commitment
Define the follow-up
ensure proper delivery/installation; build rapport
3 Keys to Recruiting Salespeople
Job Analysis
Trained, not born
All salespeople need training
3 Types of Salesperson Compensation
Salary
Commission
Combination Plan
2 Way to Evaluate Salespeople
- Sales Quota
- Other Measures (Generally behavioural)