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Homework answers / question archive / Initial Postings: Read and reflect on the assigned readings for the week
Initial Postings: Read and reflect on the assigned readings for the week. Then post what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding in each assigned textbook chapter.Your initial post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. Other sources are not required but feel free to use them if they aid in your discussion.
Also, provide a graduate-level response to each of the following questions:
Salespeople view on prospect’s mental process.
While the ability to use product knowledge, general knowledge, knowledge of upcoming advertising and promotional campaigns, knowledge of company prices, discounts, and credit policies, and knowledge of the competition, the industry, and the economy are all important, salespersons also need to master other abilities such as learning about company culture, how the company makes its money, and how it targets different markets. To be successful in sales, you must make use of these key assets. You may tell your audience how the expertise of a salesman may be used to aid in effective selling for each of these areas (Groza, M.2018).. General knowledge helps you focus your attention and clarity of thought on making sense of the circumstances you encounter in your work. Knowing about the products that you're selling is crucial for completing sales. When it instills confidence, trust, and respect in the consumer, this serves to provide a pleasant customer experience. Advertising and promotional activities are always beneficial to clients, especially when it comes to improving goods or services.
The mental process of a customer is very crucial inn enhancing sales. When clients are aware of the presence of different items and their costs, advertising serves to bring attention to the product and to spur sales. It is crucial that you know what a product's pricing, discount, and policies are, so you will be able to answer queries from consumers about items. The economy that we live in is a knowledge economy, which means that a lot of the output is done via information-intensive activities. Knowledge-intensive activities, a substantial component of which are growth and employment in the knowledge economy, account for a considerable amount of economic growth and employment (Lam, S & Van der Borgh, M. 2021). Generally, salespeople get their sales expertise in a variety of ways. Consciously embrace the notion of sales knowledge fluency. If your salespeople are unable to talk fluently about your product and service offerings and ask the correct questions to discover the unique problems your solutions solve, you may have difficulty with generating new business.
The more information you have in sales, the more ideas you will have for business opportunities while servicing clients and brainstorming company ideas. A good example of this is to figure out what your consumers desire the most, which then allows you to create more eye-catching items. Or, after receiving negative criticism, you may figure out ways to improve the things that you did not like, and you will get better at your job. If you want to be a successful salesman, you must understand the competitors, customers, and everything that is linked with the organization.
An effective salesperson must be able to provide their customer with relevant information depending on the customer’s mental process. A number of different premiums are used by several businesses to sell their goods. Is there a possibility of selling to a wholesaler or a retailer? The concept of using premiums is best used by companies when a successful transaction is seen to be advantageous to them, since it brings customers into the fold (Lam & Van, 2021). There are four basic types of premiums: free premiums, self-liquidating premiums, and premiums that are embedded into or attached to the product itself. When speaking in front of an audience, a Salesperson might explain how clients like getting a little bit more for the purchase of a different product, much like an award. It is possible for a salesperson to launch an effective advertising campaign that gets the word out about the company's goods and services, as well as attracting new consumers and increasing overall sales.