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Questions and Answers
What is the primary focus of personal selling?
What is the primary focus of personal selling?
Which of the following is a key element that distinguishes personal selling from other marketing communications?
Which of the following is a key element that distinguishes personal selling from other marketing communications?
Why is personal selling considered important for most businesses?
Why is personal selling considered important for most businesses?
What additional resource is mentioned for the course on Go to Market Strategies?
What additional resource is mentioned for the course on Go to Market Strategies?
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What action is required for students interested in volunteering for the social media activity?
What action is required for students interested in volunteering for the social media activity?
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What is the primary purpose of sales dialogue?
What is the primary purpose of sales dialogue?
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Which of the following is NOT a characteristic of sales professionalism?
Which of the following is NOT a characteristic of sales professionalism?
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How can a salesperson create additional customer value?
How can a salesperson create additional customer value?
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What is one area in which the sales profession could improve?
What is one area in which the sales profession could improve?
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Which of the following best defines sales professionalism?
Which of the following best defines sales professionalism?
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Which of the following is NOT a requirement of being an effective salesperson?
Which of the following is NOT a requirement of being an effective salesperson?
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What is the primary characteristic of adaptive selling?
What is the primary characteristic of adaptive selling?
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Which approach involves providing stimuli to influence buyer responses?
Which approach involves providing stimuli to influence buyer responses?
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What strategy does continued affirmation utilize?
What strategy does continued affirmation utilize?
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Mental states selling assumes buyers can be led through what?
Mental states selling assumes buyers can be led through what?
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What does the 'Attention' stage aim to achieve in the AIDA model?
What does the 'Attention' stage aim to achieve in the AIDA model?
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Which sales tactic is associated with the 'Desire' stage of the AIDA model?
Which sales tactic is associated with the 'Desire' stage of the AIDA model?
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What is a key feature of need satisfaction selling?
What is a key feature of need satisfaction selling?
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How does problem-solving selling extend beyond need satisfaction selling?
How does problem-solving selling extend beyond need satisfaction selling?
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What is the main objective of the action stage in the AIDA model?
What is the main objective of the action stage in the AIDA model?
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Which best describes the sales process?
Which best describes the sales process?
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In the scenario provided, what are the benefits of custom-print shopping bags for retailers?
In the scenario provided, what are the benefits of custom-print shopping bags for retailers?
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What is one of the potential concerns for Nicole's business due to recent economic changes?
What is one of the potential concerns for Nicole's business due to recent economic changes?
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What is a primary focus of trust-based relationship selling?
What is a primary focus of trust-based relationship selling?
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Which skill is specifically required for trust-based relationship selling?
Which skill is specifically required for trust-based relationship selling?
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What outcome does trust-based relationship selling primarily seek to achieve?
What outcome does trust-based relationship selling primarily seek to achieve?
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How does communication differ between transaction-focused traditional selling and trust-based relationship selling?
How does communication differ between transaction-focused traditional selling and trust-based relationship selling?
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What characterizes the sales approach of a salesperson in trust-based relationship selling?
What characterizes the sales approach of a salesperson in trust-based relationship selling?
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In the context of trust-based relationship selling, what does customer value refer to?
In the context of trust-based relationship selling, what does customer value refer to?
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Which type of knowledge is essential for a salesperson practicing trust-based relationship selling?
Which type of knowledge is essential for a salesperson practicing trust-based relationship selling?
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What role does postsale follow-up play in trust-based relationship selling?
What role does postsale follow-up play in trust-based relationship selling?
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What type of selling strategy best contrasts with trust-based relationship selling?
What type of selling strategy best contrasts with trust-based relationship selling?
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Which of the following best describes the decision-making involvement of a salesperson in trust-based relationship selling?
Which of the following best describes the decision-making involvement of a salesperson in trust-based relationship selling?
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Flashcards
Personal Selling
Personal Selling
Personal selling is a marketing communication method that focuses on direct interactions between buyers and sellers to establish and improve customer relationships.
Key Term: Personal Selling
Key Term: Personal Selling
Direct, interpersonal communication between buyers and sellers to build and maintain relationships.
Interpersonal Interactions
Interpersonal Interactions
Direct communication between people, crucial in building customer relationships.
Customer Relationships in Personal Selling
Customer Relationships in Personal Selling
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Successful Sales Interactions
Successful Sales Interactions
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Trust-Based Selling
Trust-Based Selling
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Sales Dialogue
Sales Dialogue
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Professional Selling
Professional Selling
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Sales Professional Criteria
Sales Professional Criteria
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Sales Improvement Areas
Sales Improvement Areas
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Effective Salesperson Traits
Effective Salesperson Traits
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Adaptive Selling
Adaptive Selling
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Stimulus-Response Selling
Stimulus-Response Selling
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Continued Affirmation
Continued Affirmation
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Mental States Selling
Mental States Selling
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Trust-based relationship selling
Trust-based relationship selling
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Transaction-focused traditional selling
Transaction-focused traditional selling
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Customer value
Customer value
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Selling skill (trust-based selling)
Selling skill (trust-based selling)
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Post-sale follow-up (trust-based selling)
Post-sale follow-up (trust-based selling)
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Salesperson involvement (trust-based)
Salesperson involvement (trust-based)
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Needed knowledge (trust-based selling)
Needed knowledge (trust-based selling)
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Focus (trust-based selling)
Focus (trust-based selling)
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Communication Style (trust-based selling)
Communication Style (trust-based selling)
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Role of salesperson (trust-based selling)
Role of salesperson (trust-based selling)
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AIDA*
AIDA*
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Need Satisfaction Selling
Need Satisfaction Selling
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Problem-solving Selling
Problem-solving Selling
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Sales Process
Sales Process
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Sales Tactic for Attention
Sales Tactic for Attention
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Sales Tactic for Interest
Sales Tactic for Interest
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Sales Tactic for Desire
Sales Tactic for Desire
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Sales Tactic for Action
Sales Tactic for Action
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Study Notes
Course Information
- Course name: ENT4122: Go to Market Strategies
- Course description: Focuses on go-to-market strategies, specifically personal selling.
- Textbook: SELL 7th Edition by Ingram, LaForge, et al., ISBN-10: 035790138X (Cengage Publishing)
- Textbook access: Available through Canvas Modules -> Course Materials
- Instructor: Mr. Roberts, [email protected]
Chapter 1 - Personal Selling
1-1 Personal Selling Defined
- Personal selling is characterized by interpersonal communication between buyers and sellers.
- It aims to establish, build, and maintain customer relationships.
- It differs from other marketing communications due to its interpersonal nature.
- It is considered the most vital aspect of marketing communications for many businesses.
1-2 Trust-Based Relationship Selling
- Trust-based relationship selling requires salespeople to earn trust and utilize strategies to fulfill customer needs.
- It involves contributing to the creation, communication, and delivery of customer value.
- It contrasts with traditional, transaction-focused selling by addressing customer problems, offering possibilities, and adding value over an extended time frame.
- Key questions regarding customer value include if the salesperson helps with cost savings, dependability, support of strategic goals, ease of working with the company, and if the salesperson enlists others to enhance value and grasps the customer's industry.
1-3 Evolution of Professional Selling
- Sales professionalism focuses on truthful and non-manipulative tactics to benefit the customer and the selling company in the long term.
- Sales professionalism is defined by a strong knowledge base, societal contribution, organized colleagues, and unique skills.
- Areas for potential sales improvement: Salespeople's autonomous decision-making, public trust, and adherence to a uniform code of ethics.
1-4 Contributions of Personal Selling
- Effective salespeople need honesty, demonstrable product/service knowledge, understanding of market opportunities and business trends, and coordination of firm activities to deliver maximum value to customers.
- Effective salespeople must also contribute to the success of the buyer's firm.
1-5 Alternative Personal Selling Approaches
- Adaptive selling: Salespeople adapting their messages to match various customer situations.
- Stimulus response selling: Using stimuli to elicit predictable responses.
- Continued affirmation: A series of questions designed to lead the customer to a "yes" throughout the sale.
- Mental states selling (AIDA): Leads the buyer through attention, interest, desire, and action using sales tactics to generate interest and commitment.
- Need satisfaction selling: Uncovers customer needs using probing to fulfill those needs.
- Problem-solving selling: Extends need satisfaction by developing solutions to satisfy those needs.
Additional Information
- Activity: Volunteers needed for an activity using social media (contact [email protected])
- Activities: In-class student engagement presentation, Quiz #1 (Chapters 1 and 2), Interview Project Checkpoint #1 (Due Sunday, 9/15)
- Conclusion: Instructor contact information ([email protected] and 144 RSB).
- Group Activity Scenario: Scenario about a business owner navigating economic constraints from a customer perspective.
- Discussion Activity: Example of trust-based selling vs. transaction-focused selling.
- Knowledge Check 1: Correct answer is Diffusion of innovation.
- Knowledge Check 2: Correct answer is Problem-solving selling.
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Description
Test your understanding of personal selling concepts from Chapter 1 of the SELL textbook. This quiz focuses on the definition of personal selling, its interpersonal nature, and the importance of trust-based relationship selling. Prepare to demonstrate your grasp of essential marketing communication strategies.