Shared Flashcard Set

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BUS 466 - Personal Selling
Ch. 8
18
Marketing
Undergraduate 4
03/09/2012

Additional Marketing Flashcards

 


 

Cards

Term
why plan the sales call?
Definition
the buyer's time is valuable, the seller's time is valuable, planning must fit into the salesperson's goal for the account (some accounts have a greater strategic importance and require more planning
Term
planning process
Definition
1.gathering info about the prospect and firm, 2. setting objectives for the call, 3. making an appointment
Term
obtaining precall info
Definition
the more info about prospects, the higher the probability of meeting needs and developing long-term relationship, costs involved in collecting info, reduce embarrassing situations, info gathering not usually quick and easy
Term
the prospect/customer as an individual
Definition
personal, attitudes, relationships, evaluation of product/services, CSFs
Term
the prospect's/customer's organization
Definition
demographics, prospect's customers, prospect's competitors, historical buying patterns, current buying situations, policies and procedures
Term
sources of information
Definition
resources w/in your co., the internet, secretaries and receptionists, noncompeting salespeople, traditional secondary sources, the prospect
Term
setting call objectives
Definition
review what has been learned from precall info gathering, understand what relationship the firm wished to have w/ the prospect
Term
call objectives should be developed while taking into account
Definition
the firm's goals, the sales team's goals, the salesperson's goals
Term
all objectives should be
Definition
specific, realistic, measurable
Term
primary call objectives
Definition
the actual goal the salesperson hopes to achieve
Term
optimistic call objective
Definition
the most optimistic outcome the salesperson thinks could occur
Term
minimum call objective
Definition
the min a salesperson hopes to achieve
Term
secondary call objectives
Definition
remaining objectives after the primary objective
Term
what buyers look for to increase value
Definition
on-time delivery, competitive pricing, proper packaging, tech support, etc
Term
making an appointment
Definition
1. the right person, 2. the right time, 3. the right place
Term
cultivate relationships w/ subordinates
Definition
work "through the screen", go "over the screen", go "under the screen, bypass the screen, personalize mail
Term
telephoning for appts
Definition
most often used to make the initial appt, gaol is to set the appt, salespeople need to anticipate objections and how to respond
Term
additional planning
Definition
plan how to make a good impression, how to further uncover the customer's needs and strengthen the presentation, to answer anticipated questions and concerns, practice, seeding
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