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Basic Marketing
MKT 320F
22
Marketing
Undergraduate 1
10/28/2007

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Cards

Term
Basic Sales Tasks
Definition
Three Basic Tasks
1. Order-getting
2. order-taking
3. supporting
Term
Order-Getters
Definition
Concerned with establishing relationships with new customers and developing new business
Term
Order-Getting
Definition
Seeking possible buyers with a well-organized sales presentation designed to sell a good, servoce, or idea.
Term
Order-Takers
Definition
Sell to the regular or established customers, complete most sales transactions, and maintain relationships with their customers.
Term
Order-Taking
Definition
The routine completion of sales made regualaryly to target customers.

Requires ongoing follow-up to make certain that the customer is totally satisfied.
Term
Supporting Salespeople
Definition
Help the order-oriented salespeople, but they don't try to get orders themselves. Main goal is to establish long run relationships with the customers

Three Types of Salespeople.
1.Missionary
2.Techincal
3.Customer Service Reps.
Term
Missionary Salespeople
Definition
Support the salespeople who work for producers- calling on the middleman and their customers. Try to develop goodwill and stimulate demand.
Term
Techincal Specialist (salespeople)
Definition
Support salespeople who provide technical assistance to order-oriented salespeople. Often science/engineers.
Term
Customer Service Reps
Definition
Work with customers to resolve problems that arise with a purchase, usually after the purchase has been made.
Term
Team Selling
Definition
Idea that different people work together on a specific account
Term
Major Accounts Sales Force
Definition
Sell directly to large accounts
Term
Telemarketing
Definition
Use of the telephone to "call" on customers or prospects.
Term
Job Descriptions
Definition
A written statement of what a salesperson is expected to do.
Term
Sales Quota
Definition
The specific sales or profit objective a salesperson is expected to achieve.
Term
Prospecting
Definition
Invovles following all the leads in the target market to identify potenial customers
Term
Sales Presentation
Definition
A Salesperson's effort to make a sale or address a customer's problem
Term
Prepared Sales presentation
Definition
Approach uses a memorized presentation that is not adapted to each individual customer.
Term
Consultative selling approach
Definition
Invovles developing a good understanding of the individual customer's needs beofre trying to close the sales
Term
Close
Definition
The salesperson's request for an order
Term
Selling Formula Approach
Definition
Starts with a prepared presentation outline-much like the prepared approach- leads the customers through some logical steps to a final close.
Term
Sales Territory
Definition
a geographic area that is the responisbility of one salesperson or several working together.
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