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MKTG - Obj 5 Terms - Preparing for the Sale - ME Ch 12

AB
business-to-business sellingSales that take place in a manufacturer’s or wholesaler’s show room (inside sales) or in a customer’s place of business (outside sales).
consultative sellingSales that provide solutions to customers’ problems by finding products that meet their needs
Customer benefitsThe advantages or personal satisfaction a customer will get from a good or service
emotional motiveFeeling experienced by a customer through association with a product
extensive decision makingThe process used when there has been little or no previous experience with an item
feature-benefit sellingSales that match the characteristics of a product to a customer’s needs and wants
limited decision makingProcess used when a person buys goods and services that he or she has purchased before but not regularly
personal sellingAny form of direct contact between a salesperson and a customer
product featuresBasic, physical, or extended attributes of a product or purchase
rational motiveConscious, logical reason for a purchase
routine decision makingProcess used when a person needs little information about a product to make a decision because he or she buys it regularly.
telemarketingProcess of selling over the phone
cold canvassingProcess of locating as many potential customers as possible without checking out leads beforehand
endless chain methodProcess of asking previous customers for names of potential customers
pre-approachPreparation for the face-to-face encounter with potential customers
prospectA potential customer; also known as a lead
referralsNames of other people who might buy a product, given to salespeople by satisfied customers
sales quotasDollar or unit sales goals set for the sales staff to achieve in a specified period of time


West Forsyth High School

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