University:
Missouri State University
Course:
MGT 340 | Principles of Management
Academic year:

2024
Views:

467

Pages:

4
Author:

Hidalgokr1

CHAPTER 14 PERSONAL SELLING • Salespeople are communicators who build relationships • Helping to buy is good selling • Salespeople represent the whole company--and customers too • Sales force aids in market information function as well • Salespeople can be strategy planners too • Personal selling is divided into three tasks BASIC SALES TASKS--Order-getting, order-taking, and supporting. ORDER GETTERS--salespeople concerned with establishing relationships with new customers and developing new business. ORDER-GETTING--seeking possible buyers with a wellorganized sales presentation designed to sell a good, service, or idea. ORDER TAKERS--salespeople who sell to regular or established customers, complete most transactions, and maintain relationships with their customers. ORDER-TAKING--the routine completion of sales made regularly to target customers. SUPPORTING SALESPEOPLE--salespeople who help the orderoriented salespeople--but don't try to get orders themselves. MISSIONARY SALESPEOPLE--supporting salespeople who work for producers by calling on their middlemen and their customers. TECHNICAL SPECIALISTS--supporting salespeople who provide technical assistance to order-oriented salespeople. TEAM SELLING--different sales reps working together on a specific account. MAJOR ACCOUNTS SALES FORCE--salespeople who sell directly to large accounts such as major retail chain stores. TELEMARKETING--using the telephone to "call" on customers or prospects SALES TERRITORY--a geographic area that is the responsibility of one salesperson or several working together. • E-commerce sometimes substitutes for personal selling • Changes in how sales tasks are handled • New software and hardware provide a competitive advantage SOUND SELECTION AND TRAINING TO BUILD A SALES FORCE JOB DESCRIPTION--a written statement of what a salesperson is expected to do. COMPENSATING AND MOTIVATING SALESPEOPLE • Compensation varies with job and needed skills • Salary gives control--if there is close supervision • Commissions can both motivate and direct • Incentives should link efforts to results SALES QUOTA--the specific sales or profit objective a salesperson is expected to achieve. • Commissions reduce need for working capital • Sales managers must plan, implement, and control PROSPECTING--following all the leads in the target market to identify potential customers. • All customers are not equal • How long to spend with whom? SALES PRESENTATION--a salesperson's effort to make a sale or address a customer's problem. PREPARED SALES PRESENTATION--a memorized presentation that is not adapted to each individual customer. CLOSE--the salesperson's request for an order. CONSULTATIVE SELLING APPROACH--a type of sales presentation in which the salesperson develops a good understanding of the individual customer's needs before trying to close the sale. SELLING FORMULA APPROACH--a sales presentation that starts with a prepared presentation outline--much like the prepared approach--and leads the customer through some logical steps to a final close. • AIDA helps plan sales presentations