A | B |
sales process | some steps in this are the approach, follow-up, demonstration |
Ticket scalpers | sell tickets for inflated prices |
Cold calling | conducted through telemarketing |
Corporate perks | are given to employees for meeting sales quota |
FBI | receives reports of fraudulent ticket sales for the Super Bowl |
Follow-up examples | personal thank you note sent to the customer, telephone call after the sale, customer survey following the sale |
Approach | first contact with the customer to gain the customer’s attention and interest |
Luxury boxes | used by wealthy individual fans and corporate executives |
waiting in line | not a good strategy to obtain tickets for a highly demanded entertainment event |
Effective demonstrations | salespeople can overcome the consumer’s hesitation to buy |
Adding suites | greater revenue and seating capacity |
Ticket scalpers | individuals who sell tickets to major sporting and entertainment events, often outside the venue on the day of the event |
Group packages | offer special ticket prices when tickets are purchased in large quantities |
Closing the sale | customers make the decision to buy |
Time spent | important to the success of a sales associate |
Closing the sale: | the ultimate goal of the sales associate, moves the customer to make a decision, involves suggestion selling |
Luxury boxes | fancy rooms inside stadiums and arenas that allow corporate executives and some wealthy private individuals to entertain clients and friends while watching an event. |
Leads | prospective customers who have shown interest in the product or service and meet the definition of the target market |
Ticketmaster | controls the sale of tickets for most venues in the country |
Suggestion Selling | asking customers if they want to purchase related products |
Continued success | based upon establishing long-term relationships with customers that are enhanced with follow-up from the salesperson |
Ticket Brokers | registered businesses that legally buy and sell tickets for a variety of entertainment events and guarantee ticket authenticity |
Club seats | premium stadium seats located outside that are usually cushioned and roomy and provide a good view of the action |
Cold calling involves | contacting potential customers at random without researching customers’ needs first |
Preapproach | learn everything possible about the products and services offered, the target market, and the competition |
Personal selling | appropriate for products with small markets, expensive products, complex products that need explanation |
Ticket Brokers can | obtain the best tickets to sporting events |
Customer Management | building a customer base and carefully scheduling time spent with customers |
Demonstration should | address the needs of the customer, discuss the product's features, high the benefits of the product |
Telemarketing | effective sales strategy, annoying to many consumers, frequently used to survey consumers |