Exam 13: Professional Selling

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List and describe four types of selling strategies and describe when they can be best utilized.

(Essay)
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_____ involves a selling strategy in which a salesperson uses special expertise to create a somewhat customized solution to a buyer's problem.

(Multiple Choice)
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The funnel refers to how long it takes to close a sale.

(True/False)
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Salespeople are the most appropriate channel for companies that need to sell at a very low cost.

(True/False)
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Marketers are the "eyes and ears" of their companies.

(True/False)
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Explain how salespeople help marketing efforts.

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Brand awareness opens doors for salespeople.

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A sales quota refers to the minimum level of sales performance for an individual salesperson.

(True/False)
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_____ are more likely to occur when the buyer needs a significant amount of expertise from the seller.

(Short Answer)
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David represents a potato chip company.He calls on supermarkets to discuss pricing and product placement.David is a(n)_____.

(Multiple Choice)
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According to the _____,managers have to develop policies and practices that codify ethical behaviors,train salespeople on ethics policies,and ensure that the policies are followed.

(Short Answer)
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The sales cycle starts with suspects.

(True/False)
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The Universal Commercial Code governs _____.

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Salespeople can track their conversion ratios to identify which stages of the sales cycle they need to work on.

(True/False)
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Sales executives typically focus solely on sales.

(True/False)
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_____ may influence a buyer's decision,but the decision remains with the buyer.

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In addition to metrics the salesperson uses,what other types of measures do sales managers utilize?

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Cold leads are those who are interested but have no immediate plans to buy.

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The characteristics of a qualified prospect includes someone who has the:

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Brette is in pharmaceutical sales.She spends four days a week on the road making sales calls and one day a week in the office.She is a(n)_____.

(Multiple Choice)
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