Exam 4: The Psychology of Selling: Why People Buy

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In the SELL Sequence,the final step involves asking for feedback from the prospect and conducting a trial close.

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Theo is in Target looking for a gift for his girlfriend.Theo is not sure of what he wants except in general terms.At what level of need awareness is Theo in?

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Which of the following is an example of a social factor that could influence consumers' buying behaviors?

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E

Four levels of need awareness have been identified-conscious,preconscious,post-conscious,and unconscious.

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The consumer buying decision process begins with buyers recognizing a need and ends with buyers collecting product information.

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Security,comfort,self-preservation,and personal pleasure are common psychological needs of buyers.

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Buying situations play a role in a customer's decision-making process.

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The levels of need awareness in order from first to last are:

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The acronym L-O-C-A-T-E reminds us of several useful methods for uncovering a prospective buyer's needs.If prospects drop leading remarks like "I wish I had a television like this one," it pertains to:

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According to the two Ls in the SELL Sequence,a salesperson should:

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During a sales presentation,it can be most effective when asking for an order to:

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Describe the three stages in the stimulus-response model of buyer behavior.

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The sale is made once the prospect states an intention to buy the product/service.

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Stage Technologies Stage Technologies is a London-based company that supplies engineering solutions for the entertainment industry. It has helped the boy-band Westlife make a flying entrance onto stage and provided stage-rigging packages for the Princess cruise line. The company was established in 1994 after a couple of production designers decided that the automation of theater productions could be done more safely and more efficiently by using modular production rather than the old "build-as-needed" formula. The company installs wenches, stage lifts, and other equipment commonly used in stage productions. The equipment is designed so it can be operated from a single console without heavy lifting. Both opera companies and theaters see the benefit of such a system, but many are reluctant to buy because of perceived costs. Joseph Harris is the company's best salesperson. Harris is making a sales call on the manager of a theater that is planning to perform three plays this season that include complicated lifting, flying, and a working trapdoor. The manager is aware of the time, labor, and monetary costs involved in staging these productions and wishes there was an easier way to produce the three plays. -The theater manager is most likely at the:

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_____ is defined as the tension a buyer feels over whether he/she made the right decision in buying a product.

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The consumer buying decision process ends for the buyer once a product is purchased.

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Dissonance increases with the importance of the decision and the difficulty of choosing between products.

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A sales presentation that focuses primarily on product features is highly persuasive.

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LeAnn,a salesperson for a Honda dealer,has spent the last 20 minutes with a customer who came to the showroom.LeAnn listened carefully to the customer and asked questions about the customer's needs and interests.LeAnn has determined that the customer most likely needs a Honda Civic.What should LeAnn do next?

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The salesperson should answer the prospect's question of "What's in it for me?" with a product advantage.

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