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BUS 466 - Chapter 5
Adaptive Selling for Relationship Building
27
Marketing
Undergraduate 4
12/05/2012

Additional Marketing Flashcards

 


 

Cards

Term

 

Standard Memorized Presentation


- also known as?

Definition
  • memorized sales talk 
    • ensures salespeople will provide complete & accurate information 
  • Limited effectiveness

- also known as a CANNED PRESENTATION

Term

Outlined Presentation

 

Prearranged Presentations include?



Definition
  • Standard Introduction 
  • Standard answers to common objectives 
  • standard method for getting the customer to place an order
-effective b/c well organized 
Term

 

Customized Presentation

Definition
  • Written and/or Oral Presentation  based on a detailed analysis of the customer's needs
    • Allows the salesperson to demonstrate empathy 
    • provides greatest opportunity to adapt to customer needs
    • illustrates ADAPTIVE SELLING
Term

Customized presentation


Adaptive Selling 

Definition

-alter content & form of their sales presentation  so customers will be able to absorb info easily and find it relevant to their situation

  • forces salesperson to practice the marketing concept - satisfying customer needs
  • increases buyer trust & committment 
  • Results in higher sales performance 
Term

Knowledge Management 

 

How to Create Knowledge?

Definition
  • top company salespeople 
     
  • performance feedback
     
  • diagnostic feedback 
Term

Knowledge Management

 

Other Sources of Knowledge

Definition
  • Web 
  • company sales manuals & newsletters 
  • sale meetings
  • plant visits
  • business & trade publications 
  • competitor displays at trade shows 
  • viewing competitor's web pages
Term

knowledge management 

 

Genius management

Definition
Term



The Social Style Matrix

Definition
- popular training program that companiese use to help sales people adapt ther communication styles
  • adjust behavior to mirror or match your customer's social style
  • Identify what 4 types you & your customers are 
Term

Dimensions of Social Styles


Assertiveness

Definition
- the degree to which people have opinions about issues & make their positions clear to others
Term

Dimensions of social Styles 

Assertive 

 

Assertive People + Unassertive People

Definition
  • Assertive People
    • speak out 
    • make strong statements
       
  • Unassertive People 
    • Rarely dominate social Situation
    • often keep opinions to themselves
Term

Dimensions of Social Styles

 

Some indicators of Assertiveness

Definition
[image]
Term

Dimensions of Social Styles


Responsiveness

Definition
- based on how emotional people tend to get in social situations
Term

Dimensions of Social Styles

Responsiveness

 

      • Responsive People
      • Less Responsive people 
Definition
  • Responsive
    • Readily express joy, anger, & sorrow
    • concerned with others
    • informal & casual in social situations
       
  • Less Responsive 
    • Devote more effort to control emotions
    • cautious, intellectual, serious, formal & businesslike
Term

Dimensions of Social Styles

Responsiveness

 

Indicators of Responsiveness

 

(Image)

Definition
[image]
Term

 

Social Style Matrix 

 

(Image)

Definition
[image]
Term

 

What are the 4 Social Styles?

Definition
  • Drivers
    • Swift, efficient decision makers 
    • focus on present
      • Little concern with future 
  • Expressives
    • focus on future 
    • direct time & effort toward achieving their vision
    • Little concern for pratical situations & present situations
  • Amiables
    • achieve objectives by working 'with' people
    • developing an atmosphere of mutual respect 
  • Analyticals
    • like facts, principles, and logic
    • suspicious of power & personal relationships
Term

 

Identifying Customer's Social Styles

Definition
  • concentrate on customer's behavior & disregard how you feel about the behavior
     
  • avoid assuming that specific jobs or functions are associated with a social style
     
  • test your assessments 
Term

 

Cues for

Recognizing Analytical Social Styles

Definition
[image]
Term

 

Cues for 

Recognizing Driver Social Styles

Definition
[image]
Term

 

Cues for 

Recognizing Amiable Social Styles

Definition
[image]
Term

 

Cues for 

Recognizing Expressive Social Styles

Definition
[image]
Term

 

Social Styles & Presentations

Definition
  • no best social style for a salesperson
     
  • must recognize the customer's needs & expectations
     
  • salesperson's personal social style tends to determine the sales technique he/she typlically uses 
Term


Versatility 

Definition
- the effort people make to increase the productivity of a relationship by adjusting to the needs of another party 
Term

 

Characteristics of

More Versatile + Less Versatile 

Definition
[image]
Term

Adjusting Social Styles 

(Image)

 

More/Less 

        • Assertiveness 
        • Responsiveness
Definition
[image]
Term

Systems for Developing Adaptive Selling Skills

 

Expert System

Definition

- computer program that mimics a human expert 

  • Contains rules, decision, & knowledge 
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