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SEM CH11 VOCABULARY

AB
Preapproachthe first step in the sales process whereby the salesperson learns everything possible about the products and services offered, the target market, and the competition.
Suggestion Sellingoccurs when the salesperson ask customers if they want to purchase related products.
Cold Callinginvolves contracting potential customers at random without researching the customers' needs first.
Leadsinformation and data on prospective customers who have shown interest in the product or service and/or meet the definition of the target market.
Customer Managementbuilding a customer base and carefully scheduling time spent with customers.
Ticket Brokersregistered businesses that legally buy and resell tickets to a variety of entertainment events and guarantee ticket authenticity.
Ticket Scalpersindividuals who sell tickets to major sporting and entertainment events, often outside of the venue on the day of the event, for inflated prices.
Group Packagespromotions that give special ticket prices to members of a group when tickets are purchased in large quantities.
Luxury Boxeslavish rooms inside stadiums and arenas that allow corporate executives and some wealthy private individuals to entertain clients and friends while watching the events.
Club Seatspremium stadium seats usually located outdoors that provide a source of high revenue.


East Grand Rapids High School
MI

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