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Marketing 341 Final Exam Questions With Complete Answers

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Marketing 341 Final Exam Questions With Complete Answers ...

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Marketing 341 Final Exam Questions With
Complete Answers


Personal Selling - ANSWER interpersonal interactions with customers and prospects to make
sales and maintain customer relationships




Sales force structure - ANSWER Territorial, Product, Customer,




Territorial - ANSWER Salespeople assigned to exclusive geographic region, sells company full
line of products/services to all customers in that territory




Product - ANSWER Numerous and complex products, Salespeople specialize in selling only a
portion of the company's products




Customer - ANSWER Salespeople specialize in selling only to certain customers or industries,
Whir pool - team assigned to big retailers




Motivating sales people - ANSWER quotas, Evaluations, salary, commission




Personal selling process - ANSWER Prospecting, pre approach, approach, presentation and
demonstration, handling objections, closing, follow-up

, Prospecting - ANSWER identifying qualified potential customers




Pre-approach - ANSWER learning as much as possible about potential customers before
making a sales call




Approach - ANSWER Salesperson meets customer for the first time




Presentation - ANSWER salesperson tells valuable story to buyer, shows how the companys
offer can solve the customers problems, and add value to their business




Handling objections - ANSWER salesperson seeks out, clarifies, and overcomes any customer
objection to buying




Closing - ANSWER salesperson asks customer to order




Follow up - ANSWER Salesperson follows up after sale to ensure customer satisfaction and
repeat business




Sales promotion - ANSWER short-term incentives to encourage the purchase or sales of a
product or service,




Consumer promotions - ANSWER sales promotion tools used to boost short term customer
buying and involvement or to enhance long-term customer relationships

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