Reviewing Key Concepts

Define personal selling and describe the three prescriptions of a personal selling philosophy

Personal selling occurs when a company representative interacts directly with a customer or prospective customer to present information about a product or service. Salespeople are encouraged to develop a personal-selling philosophy based on three prescriptions: adopt the marketing concept, value personal selling, and assume the role of a problem solver or partner.

Describe the emergence of relationship selling in the age of information

The restructuring of America from an industrial economy to an information economy began in the 1950s. We now live in an age in which the effective exchange of information is the foundation of most economic transactions. Salespeople use a variety of information technology tools to gather and process information of value to the customer.

Discuss the rewarding aspects of a career in selling today

Selling careers offer many rewards not found in other occupations. Income, both monetary and psychic, is above average, and there are many opportunities for advancement. Salespeople enjoy job security, mobility, and independence. Opportunities in selling for members of minority groups and for women are growing. In addition, selling is very interesting work, because a salesperson is constantly in contact with people. The adage “no two people are alike” reminds us that sales work is never dull or routine.

Discuss the different employment settings in selling today

The text describes each of the three major career options and employment opportunities in the field of personal selling, namely, services, business goods, and consumer goods. Keep in mind that each category features a wide range of selling positions, varying in terms of educational requirements, earning potential, and type of customer served. The discussion and examples should help you discover which kind of sales career best suits your talents and interests.

Explain how personal selling skills have become one of the master skills needed for success in the information age and how personal selling skills contribute to the work performed by knowledge workers

Today’s workforce is made up of millions of knowledge workers who succeed only when they add value to information. The new economy rewards salespeople and other knowledge workers who collect, organize, clarify, and present information in a convincing manner. Selling skills contribute in a major way to four groups of knowledge workers who usually do not consider themselves salespeople: customer service representatives, professionals (accountants, consultants, lawyers, etc.), entrepreneurs, and managerial personnel.

Identify the four major sources of sales training

Sales training can be acquired from four key sources: corporate-sponsored training, training provided by commercial vendors, certification programs, and courses offered by colleges and universities. Many MBA programs are now including professional selling and sales management in the curriculum.

..................Content has been hidden....................

You can't read the all page of ebook, please click here login for view all page.
Reset