Preview

Personal Selling

Good Essays
Open Document
Open Document
500 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Personal Selling
Most effective promotional element for products and services that require the development of relationships, demonstration or persuasion.

The key role of personal selling is the development, organisation and completion of a sale in a market exchange based transaction.

The company's heavy reliance on online sales differentiates it from the traditional market leaders and reduces costs.

Interactive marketing provides marketers with opportunities for much greater interaction and individualization through well-designed Web sites as well as online ads and promotions.
Interactivitiy one of the key characteristics of personal selling. Personal selling can increasingly be conducted electronically. Companies have found that they can remain effective - even increase effectiveness - by building a strong Web presence. The high-cost and poor-reach disadvantages of personal selling can be negated. On the positive side, websites have been used quite effectively to enhance and support the selling effort. As noted earlier, the Web has become a primary source of information for millions of customers in the consumer markets. Visitors to websites can gain volumes of information about a company’s products and services. In return, the visitors become a valuable resource for leads that both internal and external salespersons can follow up, and they become part of a prospect database. Not only can potential customers learn about the company’s offerings, but the selling organization can serve and qualify prospects more cost-effectively.

Some companies have used the Internet to improve their one-on-one relationships with customers. By providing more information in a more timely and efficient manner, a company enables customers to learn more about what it has to offer. This increases the opportunity for cross-selling and customer retention. In addition, by providing a website, companies can improve their response times to inquiries as well as complaints, thereby improving

You May Also Find These Documents Helpful

  • Powerful Essays

    This report will be to present research done on online Marketing opportunities for retail sales. It will not only allow a better understanding of how to market a product successfully but show the advantages and disadvantages of marketing online. The impact of sales to a company from marketing online can be substantial and should be something a company puts real thought into.…

    • 2835 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Business Btec P1 Unit 9

    • 2301 Words
    • 10 Pages

    * Personal selling- A process of persuading one or more customers to purchase a good or service through the use of an oral presentation. For example, direct phone calls, customer services etc.…

    • 2301 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    MKT 300 final outline

    • 2149 Words
    • 9 Pages

    Advantages of personal selling: -detailed explanation or demonstration. –variable sales message – directed to qualified prospects – controllable adjustable selling costs – more effective in obtaining sale and gaining customer satisfaction…

    • 2149 Words
    • 9 Pages
    Good Essays
  • Good Essays

    Business Unit 12 P4

    • 1152 Words
    • 3 Pages

    Describe the benefits and opportunities to the business of using internet marketing within the marketing mix of a selected business.…

    • 1152 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Internet marketing has played an important role as a means of advertising. All types of businesses have benefited from internet marketing when it comes to cost, relationship building and sales.…

    • 276 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The last half of the book delves into the specifics of selling to a customer. Ron’s unusual techniques are taught with the help of guides, charts, and numerical rules to go by in order to sell more successfully. Furthermore, the author explains how to be more, creative in selling, customer focused, and energetic. Next, Ron explains how to accept failure and stay more in control of your emotions. He says mastering optimism is the key to staying in control. The author also touches on how to improve social…

    • 2559 Words
    • 11 Pages
    Good Essays
  • Powerful Essays

    Marketing Mid-Term

    • 2802 Words
    • 12 Pages

    Ans: Personal selling is where businesses use people to sell the product after meeting face-to-face with the customer. Personal selling is flexible and has many characteristics. For instance, the sales person can answer and overcome objection and focus on points of customer interests. Also, it builds relationships in the form of ensuring that buyers receive the appropriate service. Moreover, direct feedback, in this form of communication, the sender can directly gauge the feedback from the receiver. Direct feedback will allow the sender to know how well the message is being communicated.…

    • 2802 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    Definitions-Chapter 1-10

    • 998 Words
    • 4 Pages

    Promotion: coordinating seller initatied effrots to set up channels of info and persuasion for goods or service.…

    • 998 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    calyx flower case

    • 415 Words
    • 2 Pages

    Also, if the company makes use of the internet more, the firm can gather customer data more efficiently. So the company can increase the ability to track the behavior of individual customer. This enable the firm not only to tailor communication with the customers, but also to build a long-term relationship with the customers compared to mass-media marketing and catalog. Eventually, it will lower the acquisition cost of the current and new customers and increase retention rate and response rate, the situation which makes the customer more profitable in terms of the life time value.…

    • 415 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    1. You are required to select a company that meets the assignment criteria (see below). You will then contact…

    • 2708 Words
    • 11 Pages
    Good Essays
  • Satisfactory Essays

    Personal Selling

    • 1163 Words
    • 5 Pages

    Your tutor has a total of 10 different selling scenarios for the teams to select. Each scenario has a different prospect and different buying requirements (for example, a company may wish to hold a 3 day seminar for its staff). Your tutor will allow each team to draw lots to select which scenario you will be engaged in. You are not allowed to change scenario after the selection. Your team will be given a slip of information about the scenario and the name of the prospect. Please keep this slip of paper for your reference.…

    • 1163 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Sale & Personal Selling

    • 376 Words
    • 2 Pages

    Jardine Cycle & Carriage was a leading distributor of motor vehicles in Singapore. So successful had its efforts been in developing the market for its flagship brand of Mercedes Benz cars that parallel importers entered the market to compete for a slice of the pie. C&C had tried to counter the parallel importers through various means such as negative advertising, withdrawal of warranty services and discrimination against Mercedes that were not purchased from the company in the provision of maintenance services.…

    • 376 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Marketing Promotion

    • 740 Words
    • 3 Pages

    In the case of Personal Selling, this is an area where small business has an advantage. In fact, people patronize small business with its personalized customer service. Effective personal selling greatly depends on efficient sales force. Selling skills can be improved by selecting suitable individuals, providing regular and frequent training and granting attractive and fair compensation plan. In contrast, big business gives more emphasis on advertising. It is more expensive if it depends on personal selling.…

    • 740 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The natural progression of the internet and emerging technologies is towards streamlining lives both personally and professionally. Instantaneous communications and available on-line services continue to reduce the physical distance between individuals. Almost anything is now available in cyberspace; from shopping, schooling and education, on-line trading, banking, to social and political on-line communities. On-line service providers are shifting from a product centric approach to a more personal and customized approach to marketing their products and services. The idea of one-to-one marketing is very powerful and has become an important tool for competing in the interactive age. One-to-one marketing takes a customer-orientated approach to selling; customers are treated as individuals with different interests and needs. Americans responds…

    • 897 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Personal selling is the personal presentation by the firm’s sales force for the purpose of making sales and building customer relationships such as sales presentations, trade…

    • 418 Words
    • 2 Pages
    Good Essays

Related Topics