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Keep Them Loyal
SE-115
21
Marketing
11th Grade
12/05/2013

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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
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
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
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