Shared Flashcard Set

Details

sales final
dd
23
Accounting
Undergraduate 1
04/26/2017

Additional Accounting Flashcards

 


 

Cards

Term
what are 6 ways to learn and remember and what % do we retain from each?
Definition

See-87% 

Hear-11%

touch-2%

Taste-1%

smell-4% 

See and hear -50%

Term
what are the five levels of buyer need and what does each address?
Definition

physological needs 

safety needs

belongingness and love needs

esteem needs

cognative needs

Term
what tools can strengthen your presentation?
Definition

visual tools 

verbal tools

Term
what are 4 things you do to obtain commitment?
Definition

1-ask for an appointment 

2-offer to hold a demonstration 

3-present a proposal

4-negotiate an agreement

Term
what are the five customer relationship stages?
Definition

1-awareness

2-exploration

3-expansion

4-commientment 

5-dissolution 

Term
what are the seven customer relationship levels?
Definition

suspect-someone who could use your product

prospect-appear to be interested

candidate-knows you sell what they are looking for 

customer- is paying for what you offer

client-believes you provide value

advocate-recruit clients for you

partner- only buys from you 

Term
what are ten assets a customer can provide you?
Definition

1-they like you 

2-they know you 

3-you have established rapport

4-you have established trust

5-you have a history of delievery and satisfaction 

6-they respect you 

7-they use your product/service

8-they return your call

9-receptive to your presentation 

10-established credit with your company.

Term
4 ways suppliers help you grow.
Definition

1- provide names of past customers

2-provide advertising money 

3-host special event 

4-reccomend you

Term
6 actions to establish buyer confedience
Definition
  1. be on time 
  2. be prepared
  3. be organized
  4. be able to answer all questions 
  5. avoid apologizing 
  6. use names of satisfied customers
Term
what are some visual tools?
Definition
  1. charts
  2. models
  3. samples
  4. catalouges
  5. photos
  6. testimonials
Term
what are the seven conflit resolution steps?
Definition
  1. what has happened to lead to loss of trust
  2. allow your feelings to surface but take responsibilty for your actions 
  3. gain support and gain agreement 
  4. put experiance in larger context
  5. shift focus from blame to problem solving
  6. impliment solution
  7. let go and move on 
Term
steps after closing sale
Definition
  1. complete paperwork 
  2. complete sales report
  3. confirm customer satisfaction 
  4. reslove problems
  5. request referrals
Term
dissolution occurs when
Definition
you dont stay in touch with buyers and competitors
Term
business associates that can help you grow
Definition

service providers

other vendors

general business associates 

members of service organization 

professional organizations

family and friends

Term
characterisitcs of a strong presentation
Definition

keeps buyers attention 

inproves buyers understanding

creates sense of value

Term
when managing time and territory what are 3 goals?
Definition
  1. performance goals 
  2. activity goals 
  3. conversation goals
Term
the successful questioning process helps identify the real needs of the prospect. what is this three step process.
Definition

need 

need behind need

need behind that need

Term
when can commitment occur in a sale?
Definition

when-

asking for an appointment 

offering to do a demo 

peresenting proposal 

responding to objections 

Term
what are the kinds of closes?
Definition

assumptive close 

directive close

summary close

alternative choice close

order blank close

Term
why will a supplier help you?
Definition

they know you 

they like you 

you have established rapport

you have established trust

you represent them well

Term
why a supplier wouldnt help you
Definition
  1. you are not sucessful at selling their products 
  2. you dont pay them on time
  3. you do not have a reputation for good service
  4. you favor another product over theirs when selling 
Term
what are some signals of when a buyer is ready to buy
Definition
  1. ask questions about avaliability or time 
  2. ask questions about delievery
  3. ask questions about price
  4. ask about warranties
  5. ask about product 
  6. wants to see demo
Term
tools for time management
Definition
  1. start and control the day
  2. manage responsiveness
  3. use down time wiseley
  4. plan daily activites
  5. use the computer
  6. be flexible
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