1.COLD CALLING Contacting a sales lead unannounced and with little or no information about the lead. 2. CLIENT REFERRAL A name of a company or person given to the salesperson as a lead by a customer or even a prospect who did not buy at this time. 3. INTRODUCTION A variation of a referral where, in addition to requesting the names of prospects, the salesperson asks the prospect or customer to prepare a note or letter of introduction that can be sent to the potential customer. 4. CENTRES OF INFLUENCE a lead by a customer or even a prospect who did not buy at this time. A name of a company or person given to the salesperson as 5. NON COMPETING SALES PROFESSIONALS Salespeople selling noncompeting products. 6. NETWORKING (WEB BASED) Using Web sites designed to help salespeople identify and gather information about prospects. 7. COMPANY RECORDS Information about customers in a company database. 8. ADVERTISING INQUIRIES Sales leads generated from company advertising efforts. 9. INBOUND TELEMARKETING A source of locating prospects whereby the prospect calls the company to get information. 10. OUTBOUND TELEMARKETING salesperson contacts the prospect by telephone. A source of locating prospects whereby the 11. TRADE SHOWS Events where companies purchase space and set up booths that clearly identify each company and its offerings and that are staffed with salespeople who demonstrate the products and answer questions. 12. SEMINARS A presentation salespeople give to generate leads and provide information to prospective customers who are invited to the seminar by direct mail, word of mouth, or advertising on local television or radio. 13. DIRECTORIES Electronic or print sources that provide contact and other information about many different companies or individuals. 14. COMMERCIAL LEADS LISTS Electronic or print sources that provide contact and other information about many different companies or individuals. 15. CUSTOMER RELATIONSHIP MANAGEMENT (CRM) Internal computer-based programs that enable connection with existing and potential customers. You are a salesperson for a restaurant supply company. You've mainly been servicing a wide range of small independent establishments. One of the objectives for the next 2 years is to increase your revenues, hence add new customers. Recently, there's been an opening of a brand new, large and upmarket restaurant in the city. Which of the prospecting methods would be most effective? Why? How?
1.COLD CALLING Contacting a sales lead unannounced and with little or no information about the lead. 2. CLIENT REFERRAL A name of a company or person given to the salesperson as a lead by a customer or even a prospect who did not buy at this time. 3. INTRODUCTION A variation of a referral where, in addition to requesting the names of prospects, the salesperson asks the prospect or customer to prepare a note or letter of introduction that can be sent to the potential customer. 4. CENTRES OF INFLUENCE a lead by a customer or even a prospect who did not buy at this time. A name of a company or person given to the salesperson as 5. NON COMPETING SALES PROFESSIONALS Salespeople selling noncompeting products. 6. NETWORKING (WEB BASED) Using Web sites designed to help salespeople identify and gather information about prospects. 7. COMPANY RECORDS Information about customers in a company database. 8. ADVERTISING INQUIRIES Sales leads generated from company advertising efforts. 9. INBOUND TELEMARKETING A source of locating prospects whereby the prospect calls the company to get information. 10. OUTBOUND TELEMARKETING salesperson contacts the prospect by telephone. A source of locating prospects whereby the 11. TRADE SHOWS Events where companies purchase space and set up booths that clearly identify each company and its offerings and that are staffed with salespeople who demonstrate the products and answer questions. 12. SEMINARS A presentation salespeople give to generate leads and provide information to prospective customers who are invited to the seminar by direct mail, word of mouth, or advertising on local television or radio. 13. DIRECTORIES Electronic or print sources that provide contact and other information about many different companies or individuals. 14. COMMERCIAL LEADS LISTS Electronic or print sources that provide contact and other information about many different companies or individuals. 15. CUSTOMER RELATIONSHIP MANAGEMENT (CRM) Internal computer-based programs that enable connection with existing and potential customers. You are a salesperson for a restaurant supply company. You've mainly been servicing a wide range of small independent establishments. One of the objectives for the next 2 years is to increase your revenues, hence add new customers. Recently, there's been an opening of a brand new, large and upmarket restaurant in the city. Which of the prospecting methods would be most effective? Why? How?
Chapter19: Pricing Concepts
Section: Chapter Questions
Problem 11DRQ
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