Page 28 - DMGT507_SALES AND PROMOTIONS MANAGEMENT
P. 28

Sales and Promotions Management




                    Notes          4.  Giving testimonials is a popular kind of approach. It is known as ………………..approach.
                                   5.  If a prospect is postponing the purchase date due to unavailability of cash, this refers to
                                       objection on……………………

                                   6.  If a salesperson assures you on financial assistance on purchase,  such type  of close  is
                                       called…………………..close.
                                   7.  In……………stage of the AIDAS theory of personal selling, customers get awareness of
                                       the product.
                                   8.  In AIDAS, as in AIDAS theory of selling, ‘D’ stands for…………………..
                                   9.  In a ………………. selling situation, customers are already aware of the brand.

                                   10.  …………………stage of AIDAS model is most important from relationship management
                                       point of view.

                                   1.10 Review Questions


                                   1.  In old times, the only problem was to produce goods for consumers which were sold out
                                       without any difficulty. Why do you think this happened?
                                   2.  Sales is the “cutting edge” of any business operations”. Comment

                                   3.  “Sales professionals ultimately have more control of their lives, personally, professionally
                                       and financially.” Do you agree? Give reasons.
                                   4.  “The old cliché is that a good salesperson can sell sand in the desert”. Do you believe in the
                                       statement? Is the role of salespersons overstated?
                                   5.  “Marketing starts  with the  needs of  the consumers  and ends with their  satisfaction.”
                                       Keeping the statement in mind, can you draw a relationship between sales and marketing?

                                   6.  Discuss the concept of ‘personal selling as an art of persuading consumers and providing
                                       delight’. With this make a distinction between salesmanship and personal selling.
                                   7.  “Personal  selling involves  an alive,  immediate and interactive relationship  building”.
                                       Comment
                                   8.  “Buyers are becoming more sophisticated, knowledgeable and demanding”. What are the
                                       companies doing to handle this?
                                   9.  Explain selling process to sell a club membership.
                                   10.  Discuss  a  hypothetical  selling  scenario  from  banking  to  explain  the  concept  of
                                       developmental selling and service selling.
                                   11.  Suppose you are a salesperson in DRS Bank. You are responsible for generating business
                                       for the credit card division of the bank. Discuss the sales process that you will follow (in
                                       brief).
                                   12.  During a sales process, what objections can the prospects have? How can a salesperson
                                       handle these objections?

                                   Answers: Self  Assessment

                                   1.  Sales management                  2.   Selling
                                   3.  Direct Marketing                  4.   Referral





          22                                LOVELY PROFESSIONAL UNIVERSITY
   23   24   25   26   27   28   29   30   31   32   33