and selling. Training programmes‚ enterprise development and the current thrust for competitiveness have now given high priority to promoting marketing awareness among small business owners‚ and marketing is now assuming its rightful place along with other business functions. Since early 1990s there has been a change in the thinking of businessman from product orientation to consumer orientation. Modern business concerns lay emphasis on ‘selling satisfaction’ and not merely on selling products
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Cross-selling stands for being able to offer to the existing bank customers‚ some additional banking products‚ with a view to expand banking business‚ reduce the per customer cost of operations and provide more satisfaction and value to the customer. For instance‚ when a bank is in a position to sell to a deposit customer (say saving bank or term deposit)‚ a loan product such as housing loan‚ credit card‚ personal loan or vice-versa‚ this would result into additional business and lead to low per
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The selling process is a method that normally is really complex you have to develop several skills to make a good sale and most of the times this is not an easy task. And if that wasn’t enough another trouble to this process is that the salespeople have to face not only the buyers but the weak economy as well. As you know the economic situation in the USA right now is really weak you hear everywhere there are companies that are declaring themselves in bankruptcy‚ many people that are unemployed‚
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DIFFERENCES BETWEEN MARKETING & SELLING Compiled by : Prof.(Dr.) Sameer Sharma‚ Amity University‚ NOIDA. S.No.MarketingS.No.Sales 1Marketing starts with the buyer and focusesconstantly on buyer’s needs.1Selling starts with the seller and is preoccupied allthe time with the seller’s needs.2Seeks to convert “customer needs” into‘products’.2Seeks to convert ‘products’ into “Cash”.3Views business as a customer satisfying process.3Views business as a goods producing process.4Marketing effort leads
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Case study Jan Bronowski is a salesperson for Packard Bell (a computer company www.packardbell.com) and works exclusively in PC WORLD (www.pcworld.com) a retail company selling personal computers‚ printers‚ software and ancillary computer-related equipment. Working on a one-toone basis‚ the job involves demonstrating the functions of hardware and software packages‚ answering any questions the prospect may have and solving problems by matching the appropriate products to the customer’s needs. At
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overheads: variable 400 Other production overheads: fixed 640 Selling overheads: variable 480 Selling overheads: fixed 360 Distribution overheads: variable 280 Distribution overheads: fixed 120 Administration overheads: fixed 600 (5‚720) Net profit for the year 1‚480 Anhad is planning next year’s activity and its forecasts for the year ended 31 October 2014 are as follows: 1. A reduction in selling price per car alarm to RM8 per alarm is expected to increase
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and digital photo studios. Our service and photo quality is high compared to other quality professional photographers. Our rates are comparable to theirs‚ but we add value through personal contact and easy dissemination of digital images. UNIQUE SELLING POSITION Technology Our innovative approach makes the most of consumers’ fascination with the latest digital imagery. By playing to this market trend‚ we gain new customers and provide added value‚ with high-quality‚ small file-size images
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Capehart (2009) Elements of salesperson control: an organization theory perspective; Journal of business & Industrial Marketing‚ vol 24‚ no.2. I L‚ Densten (2002) Clarifying inspirational motivation and its relationship to extra effort; Leadership and organization Development Journal‚ vol 23‚ no.1. J W Jlocum (1986) Career stages approach to managing the salesforce; Journal of Consumer Marketing‚ vol 3‚ no.4. L J Mullins (1985) The process of Motivation; Indistrial management and data systems‚ vol 85
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1. Executive Summary: 2.1. IKEA Objectives: * IKEA produces cheap and affordable products for the customers. * The company wants better life for those who cannot afford expensive products. * IKEA always helps to produce right product for the right consumer. * IKEA always tries to sell their products at low prices. * The company’s global developments and its continual commitment is to have a positive impact on people and the environment. 2.2. IKEA Vision: The Vision
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1. Freedom suits took place in 176 in Ispwich‚ Massachusetts when a black person named Jenny Slew felt that freedom was being restricted. Therefore‚ Spinster Slew file a suits against their master John Whipple because it was only righteous that his family was entitle to freedom and Slew’s wanted to claim what was rightful theirs. Subsequently‚ to what John Whipple believe the Judge granted the Slew’s their freedom and gave them a suffice winnings for negros in those times. 2. The Selling of Joseph
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