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MARK 3337 Professional selling Exam 1 questions with complete solutions

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MARK 3337 Professional selling Exam 1 questions with complete solutions

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MARK 3337 Professional selling Exam 1
questions with complete solutions

Person to person communication - correct answer ✔✔Personal selling



What is personal selling a process of? - correct answer ✔✔- developing relationship

- discovering needs

- matching products with needs

- communicating benefits



What process adds value? - correct answer ✔✔Personal selling



What was the shift in emphasis in the last 50 years? - correct answer ✔✔From industrial activity to
information processing



What are the four major developments in Shift in Emphasis? - correct answer ✔✔- major advances:
information technology and electronic commerce

- strategic resource is information

- Business defined by customer relationships

- sales process depends on adding value



What happens during the shift form selling to consulting? - correct answer ✔✔its a trend in sales that
has led to an increase in both the education and skills a salesperson needs



Process that serves the buyer primarily interested in price and convenience - correct answer
✔✔Transactional selling



Process that developed from the marketing concept, emphasizing need identification - correct answer
✔✔Consultative selling

, What are the four features of consultative selling? - correct answer ✔✔- customer is a person to be
served, not a prospect to be sold

- emphasis on information giving, problem solving, and negotiation

- two way communication identifies (diagnoses) customer's needs; no high pressure sales presentation

- emphasis on service after the sale



How does consultative selling impact the view of the customer? - correct answer ✔✔



What are the 4 components of the marketing mix? - correct answer ✔✔Presentation, Product, Price &
Place



What are the 3 prescriptions involved in the Philosophy of Personal selling? - correct answer ✔✔- adopt
the marketing concept

- value personal selling

- assume the role of problem solver or partner



What are the 4 strategies involved in the Consultative selling model? - correct answer ✔✔- Relationship,
Product, Customer & Presentation



What steps are involved in developing a Relationship Strategy? - correct answer ✔✔- securing
relationships

- developing relationships

- maintaining relationships



A plan that helps salespeople make correct decisions concerning the selection and positioning of
products to meet identified customer needs - correct answer ✔✔Product Strategy



What are the prescriptions involved in Product Strategy? - correct answer ✔✔- become a product expert

- sell benefits

- configure value-added solutions

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