100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Summary

Summary Marketing IB Y1Q4

Rating
-
Sold
-
Pages
12
Uploaded on
23-02-2022
Written in
2021/2022

summary for marketing> international business course. book principles of marketing is summarised. everything you need to know for year 1 quarter 4.

Institution
Course









Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Institution
Study
Course

Document information

Uploaded on
February 23, 2022
Number of pages
12
Written in
2021/2022
Type
Summary

Subjects

Content preview

Marketing and sales
Training 1
Customer driven marketing strategy
The marketing process
1.understand the marketplace and customer needs and wants
2.design a customer driven marketing strategy
3.construct an integrated marketing program that delivers superior value
4.build profitable relationships and create customer delight
5.capture value from customers to create profits and customer equity

Integrated marketing program are the four p´s: price, product, place, promotion

What is sales?
Sales 1: to be sold > buying
Sales 2: to transfer something to another party, at a certain price and conditions
Client: account, consumer, customer, target group, new business
Sales person: sales manager, sales representative, account executive, manager new business,
account manager

B2C versus B2B
Most sales people are involved in retail selling – selling goods and services to ultimate consumers
(B2C)
A much larger volume of sales is accounted for by industrial selling, referred to as business to
business selling (B2B): sales to resellers, business users or institutions

Types of buying behaviour
High involvement low involvement
Significant complex variety
Perceived buying seeking
Differences behaviour behaviour
Between brands

Few perceived dissonance habitual
Differences reducing buying
Between brands buying behaviour
Behaviour

Car/house clothes

Carpet shampoo

Types of accounts in b2b
-global
-regional
-national
-the principles are the same, the complexity is different

Difference between marketing and sales
Marketing: tactical level, needs are central
Sales: operational level, revenue/profit is central

, Levels of sales
1.strategic horizon > 3 years: mission, vision, goals > business plan
2.tactical level 1-3 years: derived goals, discipline > marketing plan
3.operational horizon < 1 year: derived goals, department > sales plan
After > account plan

Drivers of change in selling and sales management
-building long term relationships with customers
-creating sales organizational structures that are more nimble and adaptable to the needs of
different customer groups
-gaining greater job ownership and commitment from sales people
-shifting sales management style from commanding to coaching
-leveraging available technology for sales success (crm)
-better integrating salesperson performance evaluation

The 6 stages in the selling process
-awareness
-interest
-consideration
-conversion
-retention

-prospecting for customers
-opening the relationship
-qualifying the prospect
-presenting the sales message
-closing the sale
-servicing the account

How to be successful in sales
-positive attitude
-strong belief (confidence)
-management of the sales process
Points of attention
-preparation
-attitude and behaviour
-dresscode
-non verbal communication

4 p’s of sales
-performance
-planning
-product (knowledge)
-priority
$8.33
Get access to the full document:

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached

Get to know the seller
Seller avatar
lp4

Also available in package deal

Get to know the seller

Seller avatar
lp4 Avans Hogeschool
Follow You need to be logged in order to follow users or courses
Sold
0
Member since
3 year
Number of followers
0
Documents
0
Last sold
-

0.0

0 reviews

5
0
4
0
3
0
2
0
1
0

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions