Method 3: Selling Product as an Owner Salesperson Flashcards

1
Q

What are the steps/characteristics of Method 3?

A

1) Familiarize yourself with all aspects of the product
2) Market the Product
3) Review the sales performance
4) Troubleshoot sales

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2
Q

This will feed into the end of the sale of a product. Owner, as a salesperson, has the ability to affect more than the interaction with buyers. From what step of method 3 is this from?

A

Familiarize yourself with all aspect of the product

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3
Q

It is important to make the product information available through as many channels as possible. this is through the advances in communications and ways. From what step of method 3 is this from?

A

Market the product

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4
Q

Analyze the sales at regular intervals. is the product selling well? is stock low or high? is there a profit? How are the competitors prforming? Being able to answer these questions will help maximize sales and keep sales growth steady. From what step of method 3 is this from?

A

Review sales performance

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5
Q

If necessary, if not selling well, there will be a need to enter into problem solving mode. Improving the sales will involve reassessing the product, customer base, and marketing. From what step of method 3 is this from?

A

Troubleshoot sales.

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6
Q

How do you troubleshoot sales?

A

1) Change the tactics periodically
2) Consider deleting a product from line if it is not selling well.
3) Re-Evaluate the product design, distribution, packaging, etc.
4) Change the price of the product
5) make the product exclusive or available for a limited time only

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