Exam 4: The Psychology of Selling: Why People Buy

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Which of the following would be the LEAST effective trial close question?

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What are the three levels of need awareness? Define them.

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A beneficial promotional device for a company is having its sales force help prospects and customers to evaluate products on the market.

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In what order are the feature,advantage,and benefit presented in the following statement? "This fishing trawler has a 10 percent greater capacity than boats of a similar size.It will save you at least $100 per fishing trip because it can carry more fish than other boats on the market."

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Which of the following statements about economic needs is true?

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Which of the following purchases would most likely involve extensive decision making?

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The statement "The new Maytag washer saves you time,work,and money," is an example of a(n):

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When the salesperson discusses a product's _________,the salesperson is answering the question,"What is it?"

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A high-involvement type of purchase typically requires routine decision making.

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Economic needs refer to the buyer's need to purchase the least expensive product available.

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The main purpose of the trial close is to induce feedback from the buyer.

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A product advantage is defined as:

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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. -Buyer's remorse would most likely occur if:

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The underlying component of a successful sales presentation is:

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Why is it important to emphasize benefits to a prospective buyer?

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What is the meaning of Elmer Wheeler's statement,"Sell the sizzle,not the steak"?

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The statement,"With its 25 percent market share,this is the best-selling laser printer on the market today," is an example of a(n):

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It is important to emphasize benefits in a sales presentation to a prospective buyer because benefits:

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