PART A) : What type of Presentation will you use [Memorized/Formula/ Need-Satisfaction]? Also describe what advantages or disadvantages this type of presentation offers and why you would use it.     Part B) :  List reasons for sales-presentation failure and strategies to prevent such failures.

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
icon
Related questions
icon
Concept explainers
Question

Subject: Professional Selling 

Please Don't Copy/Paste.

Answer the following questions-

 

Q1. Background: You've had success at Stanley Black & Decker in your initial role as an Inside Sales Representative and have now been promoted to a Key Account Manager's role with responsibility for some 20 accounts of various sizes and complexity.

One of your biggest accounts is a long-term client who has a deep understanding of your products and the industry. This Account is also remote in location which means you have to do the selling online. 

 

PART A) : What type of Presentation will you use [Memorized/Formula/ Need-Satisfaction]? Also describe what advantages or disadvantages this type of presentation offers and why you would use it.  

 

Part B) :  List reasons for sales-presentation failure and strategies to prevent such failures. 


 

Q2. As an increasingly important member of S B&D's Sales team, you have established a strong reputation as a "problem Solver".  This will come in handy as one of your bigger accounts "F-Tech"  is having serious issues competing on anything other than price.

 What are the three skills needed in solving Customer Problems? What does the SPIN questioning method stand for and describe how it works best.


 

 

 

Q3. Overcoming objections is a key part of successfully moving customers to a "Yes". 

PART A): List the 5 types of Objections customers typically offer and describe what each is.       

 

PART B): Describe the process you might use (to overcome these objections).             


 

Q4. Negotiating is a key selling skill.  Now that you've successfully presented, heard and understood the customers objections, you are ready to negotiate.

 

PART A):  Define what a negotiation is? 

 

PART B): Outline and describe the basic negotiation concepts or [Basic elements}.

Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Introduction to Business messages
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Principles Of Marketing
Principles Of Marketing
Marketing
ISBN:
9780134492513
Author:
Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:
Pearson Higher Education,
Marketing
Marketing
Marketing
ISBN:
9781259924040
Author:
Roger A. Kerin, Steven W. Hartley
Publisher:
McGraw-Hill Education
Foundations of Business (MindTap Course List)
Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
Marketing: An Introduction (13th Edition)
Marketing: An Introduction (13th Edition)
Marketing
ISBN:
9780134149530
Author:
Gary Armstrong, Philip Kotler
Publisher:
PEARSON
MKTG 12:STUDENT ED.-TEXT
MKTG 12:STUDENT ED.-TEXT
Marketing
ISBN:
9781337407595
Author:
Lamb
Publisher:
Cengage
Contemporary Marketing
Contemporary Marketing
Marketing
ISBN:
9780357033777
Author:
Louis E. Boone, David L. Kurtz
Publisher:
Cengage Learning