Chapter 16 Study Guide.pdf: BUS-285-0-30060 Principles of Marketing (Summer 2026)

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Last updated 1:30 AM on 8/1/26
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25 Terms

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BUS-285-0-30060

The specific course identification number for the Principles of Marketing study guide.

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Summer 2026

The academic term associated with this Principles of Marketing course and study guide.

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Personal Selling

Personal presentations by the firm’s sales force for the purpose of engaging customers, making sales, and building customer relationships.

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Salesperson

An individual who represents a company to customers by performing activities such as prospecting, communicating, selling, and servicing.

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Sales Management

The analysis, planning, implementation, and control of sales force activities.

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Territorial Sales Force Structure

A sales force organization that assigns each salesperson to an exclusive geographic territory in which that salesperson sells the company’s full line.

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Product Sales Force Structure

A sales force organization in which salespersons specialize in selling only a portion of the company’s products or lines.

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Customer Sales Force Structure

A sales force organization in which salespersons specialize in selling only to certain customers or industries.

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Outside Sales Force

Salespeople who travel to call on customers in the field, often referred to as a field sales force.

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Inside Sales Force

Salespeople who conduct business from their offices via telephone, online and social media interactions, or visits from buyers.

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Team Selling

Using teams of people from sales, marketing, engineering, finance, technical support, and management to service large, complex accounts.

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Sales Quota

A standard that states the amount a salesperson should sell and how sales should be divided among the company’s products.

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Social Selling

Using online, mobile, and social media to engage customers, build stronger customer relationships, and augment sales performance.

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Prospecting

The first step in the personal selling process where a salesperson or company identifies qualified potential customers.

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Qualifying

Part of the first step in the selling process that involves screening out poor leads to identify good ones.

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Preapproach

The sales step in which a salesperson learns as much as possible about a prospective customer before making a sales call.

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Approach

The sales step in which a salesperson meets the customer for the first time.

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Presentation

The sales step in which a salesperson tells the value story to the buyer, showing how the company’s offer solves the customer’s problems.

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Handling Objections

The sales step in which a salesperson seeks out, clarifies, and overcomes any customer objections to buying.

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Closing

The sales step in which a salesperson asks the customer for an order.

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Follow-up

The final sales step in which a salesperson follows up after the sale to ensure customer satisfaction and repeat business.

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Sales Promotion

Short-term incentives used to encourage the purchase or sale of a product or a service.

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Consumer Promotions

Sales promotion tools used to boost short-term customer buying and engagement, such as coupons, samples, and rebates.

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Trade Promotions

Sales promotion tools used to persuade resellers to carry a brand, give it shelf space, and promote it in advertising.

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Business Promotions

Sales promotion tools used to generate business leads, stimulate purchases, reward customers, and motivate salespeople.