Team Selling
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Questions and Answers

Which two personality traits are considered basic traits of salespeople?

  • Ego drive and resilience
  • Empathy and ego drive (correct)
  • Ambivert and ego drive
  • Empathy and ambivert

What is the key trait of sales reps' personality according to further research?

  • Empathy
  • Ego drive
  • Ambivert (correct)
  • Resilience

What is the concept of Boundary Role used to illustrate?

  • The role of salespeople as the heart of the organization
  • The role of salespeople in linking selling organization with buying company (correct)
  • The role of salespeople as customer owners
  • The role of salespeople in customer relationship management

What are the activities that happen during the Personal Selling Process (PSP)?

<p>Planification, Readiness, Interaction, Debriefing (C)</p> Signup and view all the answers

Which of the following best describes team selling according to the text?

<p>A script for the meeting and a separation of roles is required to achieve specific goals (A)</p> Signup and view all the answers

What is the role of the perspective leader in team selling?

<p>Supportive role in the PSP (C)</p> Signup and view all the answers

How has technology helped sales reps over the years according to the text?

<p>It hasn't helped (B)</p> Signup and view all the answers

What was CRM initially used for according to the text?

<p>To control sales rep activity (B)</p> Signup and view all the answers

According to the text, what is the role of a salesperson?

<p>All of the above (D)</p> Signup and view all the answers

What is the main focus of sessions 3-4 in the Business Development & Sales course?

<p>The Art of Selling: Techniques to Win Over Customers (D)</p> Signup and view all the answers

What are the three key components of Sales Methodology and Strategies?

<p>Knowledge, Discipline, Skills (D)</p> Signup and view all the answers

How does the text define a salesperson?

<p>All of the above (D)</p> Signup and view all the answers

Which of the following is a key reason why debriefing is an important step in the personal selling process?

<p>To review if the outcomes of the meeting match the initial goals (A)</p> Signup and view all the answers

Why is follow-up crucial in the personal selling process?

<p>To ensure that commitments made during the meeting are kept (A)</p> Signup and view all the answers

What should be included in an actionable summary during the follow-up process?

<p>A brief summary of key discussion points and next steps (D)</p> Signup and view all the answers

Which of the following is a potential pitfall to avoid in the follow-up process?

<p>Being vague and lacking clarity in communication (C)</p> Signup and view all the answers

Which of the following is NOT a component of the planning stage in the Personal Selling Process?

<p>Customer Relationship Management (CRM) (B)</p> Signup and view all the answers

What is the first step in the Personal Selling Process?

<p>Planification (C)</p> Signup and view all the answers

Which type of question is typically used to gain empathy and understanding from others' experiences?

<p>Open question (D)</p> Signup and view all the answers

In the qualification stage of the Personal Selling Process, what is the correct order of deploying questions within the BANT framework?

<p>Situation → Problem → Implication → Need-payoff (D)</p> Signup and view all the answers

Which of the following is NOT a step in the Personal Selling Process (PSP)?

<p>Readiness (C)</p> Signup and view all the answers

What is the purpose of the Positive Opening in the Personal Selling Process (PSP)?

<p>To create rapport with the customer (D)</p> Signup and view all the answers

Which method is used to handle customers' objections in the Personal Selling Process (PSP)?

<p>All of the above (D)</p> Signup and view all the answers

What should you do if you don't close the deal in the Personal Selling Process (PSP)?

<p>All of the above (D)</p> Signup and view all the answers

According to the text, what is the purpose of a CRM system?

<p>To close deals (A)</p> Signup and view all the answers

What does the term 'opportunity' refer to in the context of CRM?

<p>A new business or deal (C)</p> Signup and view all the answers

How can modern sales technology help salespeople?

<p>By accelerating the sales process (D)</p> Signup and view all the answers

What are the two main opportunities enabled by modern sales technology?

<p>Selling faster and selling better (B)</p> Signup and view all the answers

What is the role of technology in Sales Management according to the text?

<p>To accelerate lead generation (C)</p> Signup and view all the answers

What does the term 'B2B' stand for in the context of CRM?

<p>Business-to-Business (B)</p> Signup and view all the answers

Study Notes

Personality Traits of Salespeople

  • Basic traits: High energy and persistence are essential for successful salespeople.
  • Key trait identified: Adaptability is crucial for sales reps to meet varied customer needs.

Boundary Role Concept

  • Used to illustrate the salesperson's position between the company and the customer, balancing both interests and feedback.

Personal Selling Process (PSP) Activities

  • Activities include prospecting, needs assessment, presentation, objection handling, closing, and follow-up.

Team Selling Description

  • Team selling involves a coordinated approach where multiple individuals from different functional areas come together to serve a client.

Role of the Perspective Leader in Team Selling

  • Provides guidance and support, ensuring all team members are aligned with the sales strategy and client needs.

Technology's Impact on Sales Reps

  • Technology has streamlined communication, enhanced customer data management, and provided tools for better tracking sales performance.

Initial Use of CRM

  • CRM systems were initially utilized for managing customer relationships and improving service delivery.

Role of a Salesperson

  • Acts as a mediator between the company and customers, facilitating transactions and valued service.

Focus of Business Development & Sales Course Sessions 3-4

  • Concentrates on enhancing skills in sales techniques, methodologies, and personal development.

Sales Methodology and Strategies Components

  • Key components include understanding buyer behavior, effective communication, and strategic planning.

Salesperson Definition

  • A salesperson is defined as a professional who engages with customers to facilitate a sale, develop relationships, and support post-sale activities.

Importance of Debriefing

  • Debriefing provides valuable insights for improving sales strategies and enhancing future interactions.

Importance of Follow-Up

  • Follow-up solidifies relationships, addresses any unresolved issues, and reinforces customer satisfaction.

Actionable Summary in Follow-Up Process

  • Should include key takeaways from discussions, next steps, and commitments made during the sales interaction.

Pitfalls to Avoid in Follow-Up

  • Common pitfalls include excessive contact, lack of personalization, and failing to listen to customer feedback.

Non-Component of Planning Stage in PSP

  • Execution is not considered a part of the planning stage in the Personal Selling Process.

First Step in the Personal Selling Process

  • The first step involves prospecting to identify potential customers.

Questions for Empathy and Understanding

  • Open-ended questions are effective for gaining empathy and understanding others' experiences.

BANT Framework in Qualification Stage

  • Correct order: Budget, Authority, Need, Timing.

Non-Step in the Personal Selling Process

  • Rejection of proposals is not classified as a step in the Personal Selling Process.

Purpose of Positive Opening in PSP

  • Aims to establish rapport with the customer and set a constructive tone for the sales conversation.

Objection Handling Method in PSP

  • The feel-felt-found method is often employed to handle customer objections and concerns.

Action If the Deal Isn't Closed

  • Conduct a thorough review of the engagement and identify areas to improve for future attempts.

Purpose of CRM System

  • Designed to centralize customer information, improve sales processes, and enhance customer interactions.

'Opportunity' in CRM Context

  • Refers to a potential sales deal that is in the pipeline and has a chance of closing.

Modern Sales Technology Benefits for Salespeople

  • Enhances productivity by providing insights and automating administrative tasks.

Main Opportunities from Modern Sales Technology

  • Improves lead generation and enhances customer engagement.

Role of Technology in Sales Management

  • Enables data-driven decision-making and optimizes team performance through analytics.

'B2B' Meaning in CRM Context

  • Stands for Business to Business, referring to transactions between businesses rather than between a business and individual consumers.

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"Team Selling: Mastering the Art of Collaborative Sales" - Test your knowledge on the fundamentals of team selling and learn how to effectively collaborate with your colleagues to achieve sales goals. Explore the importance of having a script and clearly defined roles in meetings to propel deals forward. Developed by Professor Dr. Antonio González Fernández for IE Business School.

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