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Selling and Merchandising Fundamentals

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20 Questions

What is the primary purpose of selling?

To meet customer needs and wants

Which of the following is NOT a step in the selling process?

Restocking

What is a key factor that influences customer buying motives and decisions?

Personal recommendations

What is a key aspect of completing a sales transaction?

All of the above

How should a salesperson handle customer inquiries or complaints?

Listen carefully and respond appropriately

What is the primary goal of a salesperson in building customer relationships?

To create a long-term connection with the customer

When translating product knowledge into customer benefits, a salesperson should focus on:

The customer's needs and wants

What is a critical aspect of handling customer inquiries or complaints?

Listening actively and empathetically to the customer's concerns

Which of the following is a key technique used in the selling process?

Using persuasive language and body language

What is a crucial step in completing a sales transaction?

Processing the payment method

What is the main objective of a salesperson when translating product knowledge into customer benefits?

To highlight the benefits of the product to the customer

What is a key factor that salespersons should consider when building customer relationships?

The customer's needs and preferences

What is an essential step in completing a sales transaction?

Counting back change to the customer

How should salespersons handle customer complaints or difficult situations?

By listening actively and empathetically

What is a key technique used in the selling process to influence customer buying motives and decisions?

Using persuasive communication techniques

What is the primary importance of selling?

To meet the customer's needs and wants

Which of the following is a key concept in selling and merchandising?

Product knowledge and customer service are equally important

What is the key to influencing customer buying motives and decisions?

Focusing on the product's features and benefits

What is the role of salespersons in building customer relationships?

To provide excellent customer service and establish trust

What is a critical aspect of completing a sales transaction?

All of the above

Study Notes

Selling and Merchandising

Purpose and Importance of Selling

  • Selling is a crucial aspect of business that enables companies to generate revenue and achieve their goals
  • Its primary purpose is to persuade customers to purchase a product or service, thereby creating a mutual benefit for both parties

Concepts and Techniques in Selling

  • The selling process involves several steps, including:
    • Prospecting: identifying potential customers
    • Pre-approach: gathering information about the customer
    • Approach: establishing initial contact with the customer
    • Presentation: showcasing the product or service
    • Handling objections: addressing customer concerns
    • Closing: finalizing the sale
    • Follow-up: ensuring customer satisfaction

Translating Product Knowledge into Customer Benefits

  • Salespersons must be able to communicate the features and benefits of a product or service in a way that resonates with customers
  • This involves highlighting how the product or service can solve a problem, meet a need, or improve the customer's life

Factors Influencing Customer Buying Motives and Decisions

  • Customer buying decisions are influenced by factors such as:
    • Personal needs and wants
    • Social and cultural norms
    • Economic conditions
    • Marketing and advertising efforts

Role of Salespersons in Building Customer Relationships

  • Salespersons play a crucial role in building and maintaining customer relationships by:
    • Providing excellent customer service
    • Being responsive to customer needs
    • Offering personalized solutions
    • Building trust and rapport

Completing the Sales Transaction

  • The sales transaction involves:
    • Processing payment via various methods (e.g., cash, credit card, mobile payment)
    • Counting back change accurately
    • Properly folding, wrapping, and bagging merchandise
    • Thanking customers and inviting them to return

Handling Customer Inquiries, Complaints, or Difficult Situations

  • Salespersons must be able to effectively handle customer inquiries, complaints, or difficult situations by:
    • Listening actively and empathetically
    • Responding promptly and professionally
    • Offering solutions or alternatives
    • Resolving issues efficiently and courteously

Selling and Merchandising

Purpose and Importance of Selling

  • Selling is a crucial aspect of business that enables companies to generate revenue and achieve their goals
  • Its primary purpose is to persuade customers to purchase a product or service, thereby creating a mutual benefit for both parties

Concepts and Techniques in Selling

  • The selling process involves several steps, including:
    • Prospecting: identifying potential customers
    • Pre-approach: gathering information about the customer
    • Approach: establishing initial contact with the customer
    • Presentation: showcasing the product or service
    • Handling objections: addressing customer concerns
    • Closing: finalizing the sale
    • Follow-up: ensuring customer satisfaction

Translating Product Knowledge into Customer Benefits

  • Salespersons must be able to communicate the features and benefits of a product or service in a way that resonates with customers
  • This involves highlighting how the product or service can solve a problem, meet a need, or improve the customer's life

Factors Influencing Customer Buying Motives and Decisions

  • Customer buying decisions are influenced by factors such as:
    • Personal needs and wants
    • Social and cultural norms
    • Economic conditions
    • Marketing and advertising efforts

Role of Salespersons in Building Customer Relationships

  • Salespersons play a crucial role in building and maintaining customer relationships by:
    • Providing excellent customer service
    • Being responsive to customer needs
    • Offering personalized solutions
    • Building trust and rapport

Completing the Sales Transaction

  • The sales transaction involves:
    • Processing payment via various methods (e.g., cash, credit card, mobile payment)
    • Counting back change accurately
    • Properly folding, wrapping, and bagging merchandise
    • Thanking customers and inviting them to return

Handling Customer Inquiries, Complaints, or Difficult Situations

  • Salespersons must be able to effectively handle customer inquiries, complaints, or difficult situations by:
    • Listening actively and empathetically
    • Responding promptly and professionally
    • Offering solutions or alternatives
    • Resolving issues efficiently and courteously

Selling and Merchandising

Purpose and Importance of Selling

  • Selling is a crucial aspect of business that enables companies to generate revenue and achieve their goals
  • Its primary purpose is to persuade customers to purchase a product or service, thereby creating a mutual benefit for both parties

Concepts and Techniques in Selling

  • The selling process involves several steps, including:
    • Prospecting: identifying potential customers
    • Pre-approach: gathering information about the customer
    • Approach: establishing initial contact with the customer
    • Presentation: showcasing the product or service
    • Handling objections: addressing customer concerns
    • Closing: finalizing the sale
    • Follow-up: ensuring customer satisfaction

Translating Product Knowledge into Customer Benefits

  • Salespersons must be able to communicate the features and benefits of a product or service in a way that resonates with customers
  • This involves highlighting how the product or service can solve a problem, meet a need, or improve the customer's life

Factors Influencing Customer Buying Motives and Decisions

  • Customer buying decisions are influenced by factors such as:
    • Personal needs and wants
    • Social and cultural norms
    • Economic conditions
    • Marketing and advertising efforts

Role of Salespersons in Building Customer Relationships

  • Salespersons play a crucial role in building and maintaining customer relationships by:
    • Providing excellent customer service
    • Being responsive to customer needs
    • Offering personalized solutions
    • Building trust and rapport

Completing the Sales Transaction

  • The sales transaction involves:
    • Processing payment via various methods (e.g., cash, credit card, mobile payment)
    • Counting back change accurately
    • Properly folding, wrapping, and bagging merchandise
    • Thanking customers and inviting them to return

Handling Customer Inquiries, Complaints, or Difficult Situations

  • Salespersons must be able to effectively handle customer inquiries, complaints, or difficult situations by:
    • Listening actively and empathetically
    • Responding promptly and professionally
    • Offering solutions or alternatives
    • Resolving issues efficiently and courteously

Selling and Merchandising

Purpose and Importance of Selling

  • Selling is a crucial aspect of business that enables companies to generate revenue and achieve their goals
  • Its primary purpose is to persuade customers to purchase a product or service, thereby creating a mutual benefit for both parties

Concepts and Techniques in Selling

  • The selling process involves several steps, including:
    • Prospecting: identifying potential customers
    • Pre-approach: gathering information about the customer
    • Approach: establishing initial contact with the customer
    • Presentation: showcasing the product or service
    • Handling objections: addressing customer concerns
    • Closing: finalizing the sale
    • Follow-up: ensuring customer satisfaction

Translating Product Knowledge into Customer Benefits

  • Salespersons must be able to communicate the features and benefits of a product or service in a way that resonates with customers
  • This involves highlighting how the product or service can solve a problem, meet a need, or improve the customer's life

Factors Influencing Customer Buying Motives and Decisions

  • Customer buying decisions are influenced by factors such as:
    • Personal needs and wants
    • Social and cultural norms
    • Economic conditions
    • Marketing and advertising efforts

Role of Salespersons in Building Customer Relationships

  • Salespersons play a crucial role in building and maintaining customer relationships by:
    • Providing excellent customer service
    • Being responsive to customer needs
    • Offering personalized solutions
    • Building trust and rapport

Completing the Sales Transaction

  • The sales transaction involves:
    • Processing payment via various methods (e.g., cash, credit card, mobile payment)
    • Counting back change accurately
    • Properly folding, wrapping, and bagging merchandise
    • Thanking customers and inviting them to return

Handling Customer Inquiries, Complaints, or Difficult Situations

  • Salespersons must be able to effectively handle customer inquiries, complaints, or difficult situations by:
    • Listening actively and empathetically
    • Responding promptly and professionally
    • Offering solutions or alternatives
    • Resolving issues efficiently and courteously

Test your knowledge of selling and merchandising concepts, including the selling process, customer benefits, and customer relationships.

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