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scope and nature of personal selling (4)
internet
telephone
face-to-face
teleconference
professional selling as a career
ppl love the lifestyle
flexibility
varieties
good for promotions
value added by personal selling
salespeople provide info
-save time
-build relationships
personal selling process (5 steps)
generate and qualify leads
pre-approach
sales presentation
closing the sale
follow-up
Step 1: generate and qualify leads(potential customers)
sources
-current customers
-networking events
-trade shows
-internet
generate leads
cold call
telemarketing
step 2: pre approach
extends qualification procedure
set goals for what to be accomplished
step 3: sales presentation and overcoming reservations
the presentation
handling reservations
aligning the personal selling process with the B2B buying process
long chart
step 4: closing the sale
get the order
step 5: flow-up
five service quality dimensions
-reliability
-responsiveness
-assurance
-empathy
-tangibles
Why is personal selling important to an IMC strategy?
Personal selling as part of their integrated marketing communications program do so because it adds value to their product or service mix—that is, personal selling is worth more than it costs.
managing the sales force
sales force structure
recruiting and selecting salespeople
sales training
motivating and compensating salesppl
evaluating sales people
sales force structure
company sales force
-employees
-established product lines
manufacturers representatives
-not employees
-smaller firms
-new markets
salesperson duties
order getter
order taker
sales support personnel
recruiting and selecting salespeople (5)
empathy
personality
optimism
resilience
self-motivation
recruiting for success
personality of salesforce matches personality of brand
sales training (5)
selling/negotiation techniques
products and service knowledge
technologies used in selling process
time/territory management
company policies/procedures
motivating and compensating salespeople
financial rewards
non-financial rewards
evaluating salespeople
tied to reward structure
evaluation measures
What is the difference between monetary and nonmonetary incentives?
Financial rewards have a cash value to them. Nonmonetary have more of a symbolic value. A combination of both types of rewards is best.
ethical and legal issues in personal selling
salesperson and customer
sales force and corporate policy
sales manager and sales force