Shared Flashcard Set

Details

Keep Them Loyal
SE-115
21
Marketing
9th Grade
10/21/2013

Additional Marketing Flashcards

 


 

Cards

Term
Attitude:
Definition
The way a person looks at life
Term
Business policies:
Definition
Statements outlining practices the business follows, such as warranties and maintenance contracts
Term
Client loyalty:
Definition
The devotion of a client to a particular business
Term
Clientele:
Definition
A body of customers upon which an organization can rely for considerable repeat business
Term
Cold calls:
Definition
Unannounced telephone calls or visits by a salesperson to prospects about whom little may be known
Term
Company leads:
Definition
Information about and contact with potential customers provided by a company, its advertising, participation in trade shows, or telephone and mail solicitation
Term
Direct-mail marketing:
Definition
An effort to obtain business by sending promotional material to customers in the form of letters, catalogs, postcards, faxes, and folders
Term
External sources:
Definition
Contacts outside the business, such as other salespeople, specialized lists and directories, and industry trade groups
Term
Follow-up:
Definition
The determination of a customer’s satisfaction with a good or service after a sales presentation regardless of whether a sale was made
Term
Goodwill:
Definition
Positive feelings toward a business; an advantage that a business acquires beyond the value of its products or services
Term
Guarantee:
Definition
A promise made to the consumer that a product’s purchase price will be refunded if the product is not satisfactory
Term
Lead:
Definition
The name of an organization or individual that might be interested in a salesperson’s good or service
Term
Personal sources:
Definition
Contacts that each individual has through his/her customers, friends, or relatives
Term
Personality:
Definition
An individual’s qualities or traits and behavior
Term
Prospecting:
Definition
The act of identifying any person or organization with the potential to buy a product and compiling that information in an organized manner for future use
Term
Referrals:
Definition
Individuals or businesses to whom salespeople are recommended
Term
Sales presentation:
Definition
Part of the selling process in which the salesperson shows the customer the benefits of a product’s features; includes sales talk and product demonstration
Term
Service attitude:
Definition
A salesperson’s commitment to the client’s needs as expressed through his/her professional behavior
Term
Trade shows:
Definition
Events where businesses display and/or demonstrate their products to build sales leads and interest
Term
Warranty:
Definition
A promise made by the seller to the consumer that the seller will repair or replace a product that does not perform as expected
Term
Word-of-mouth advertising:
Definition
Promotion and publicity for a business provided by customers who tell others of their satisfaction with the business
Supporting users have an ad free experience!