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Kerin & Hartley Marketing Answers for Chapter 13, Chapter 14, Chapter 15, Chapter 18, Chapter 17, and Chapter 20.

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Kerin & Hartley Marketing Answers for Chapter 13, Chapter 14, Chapter 15, Chapter 18, Chapter 17, and Chapter 20.

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Kerin & Hartley Marketing Answers for Chapter 13, Chapter
14, Chapter 15, Chapter 18, Chapter 17, and Chapter 20.
1. account management policies: policies that specify who salespeople should

contact, what kinds of selling and customer service activities should be engaged in,

and how these activities should be carried out

2. adaptive selling: a need-satisfaction presentation format that involves adjusting

the presentation to fit the selling situation, such as knowing when to offer solutions

and when to ask for more information

3. consultative selling: a need-satisfaction presentation format that focuses on

problem identification, where the salesperson serves as an expert on problem

recognition and resolution

4. emotional intelligence: the ability to understand one's own emotions and the

emotions of people with whom one interacts on a daily basis

5. formula selling presentation: a sales presentation format that consists of information

that must be provided in an accurate, thorough, and step-by-step manner to

inform the prospect

6. key account management: the practice of using team selling to focus on important

customers so as to build mutually beneficial, long-term, cooperative relationships

7. need satisfaction presentation: A sales presentation format that emphasizes

probing and listening by the salesperson to identify the needs and interests of

prospective buyers.

8. order getter: sells in a conventional sense and identifies prospective customers,

provides customers with information, persuades customers to buy, closes sales, and

follows up on customers' use of a product or service

9. order taker: processes routine orders or reorders for products that were already

sold by the company

10. partnership selling: the practice whereby buyers and sellers combine their

expertise and resources to create customized solutions, commit to joint planning,

and share customer, competitive, and company information for their mutual benefit,

and, ultimately, the benefit of the customer. Also called enterprise selling.

, 11. personal selling: The two-way flow of communication between a buyer and a

seller that is designed to influence the buyer's purchase decision.

12. personal selling process: Sales activities occurring before, during, and after

the sale itself, consisting of six stages: (1) prospecting, (2) preapproach, (3) approach,

(4) presentation, (5) close, and (6) follow-up.

13. relationship selling: the practice of building ties to customers based on a

salesperson's attention and commitment to customer needs over time

14. sales management: planning the selling program and implementing and evaluating

the personal selling effort of the firm

15. sales plan: a statement describing what is to be achieved and where and how

the selling effort of salespeople is to be deployed

16. sales quota: specific goals assigned to a salesperson, sales team, branch sales

office, or sales district for a stated time period

17. salesforce automation: The use of various technologies to make the sales

function more effective and efficient

18. stimulus response presentation: a sales presentation format that assumes

that given the appropriate stimulus by a salesperson, the prospect will buy

19. team selling: the practice of using an entire team of professionals in selling to

and servicing major customers

20. workload method: A formula-based method for determining the size of a salesforce

that integrates the number of customers served, call frequency, call length,

and available selling time to arrive at a figure for the salesforce size.

21. advertising: any paid form of non-personal presentation and promotion of

ideas, goods, or services by an identified sponsor

22. consumer oriented sales promotions: sales tools used to support a company's

advertising and personal selling directed to ultimate consumers.

23. cooperative advertising: advertising programs whereby a manufacturer pays

a percentage of the retailer's local advertising expense for advertising the manufacturer's

products

24. cost per thousand: the cost of reaching 1,000 individuals or households with

the advertising message in a given medium

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