Assam ASSEB HS Sales Management & Advertising flashcards
Assam ASSEB HS Sales Management & Advertising · Build recall with a focused review session.
32 cards. Read the term and the definition here. The deck at the top of this page is optional.
- Personal selling
- Oral, interactive persuasion in which a salesperson identifies a buyer's needs and matches a product or service to them, allowing immediate feedback and closing of the sale.
- Sales management
- The planning, direction and control of personal selling activities, including recruiting, selecting, training, motivating, supervising and evaluating the sales force to achieve sales objectives.
- Unique selling proposition
- The single distinctive benefit that a brand claims and competitors cannot easily copy. It must be meaningful to buyers and substantiated by the product's actual performance.
- Relationship selling
- An approach that builds long-term customer partnerships rather than single transactions, emphasising trust, service after sale and repeat purchase, which lowers the long-run cost of retaining customers.
- Needs-satisfaction approach
- A selling approach in which the salesperson first diagnoses the buyer's problems through questions, then presents a solution. It suits complex products and sophisticated buyers better than a fixed formula.
- Prospecting and qualifying
- The first selling step: identifying potential buyers from referrals, directories, canvassing or enquiries, then screening them for need, authority, ability to pay and readiness.
- Feature, advantage, benefit
- A feature is what the product has; an advantage is what it does; a benefit is what the buyer gains. Benefit-based presentation persuades because buyers purchase outcomes, not specifications.
- Trial close
- An early testing question, such as asking for a small decision, used during the presentation to gauge buyer readiness before attempting the final close.
- Line and staff organization
- A sales structure where line managers hold command authority over salespeople while staff specialists in training, research or analysis advise them without issuing orders.
- Geographic sales organization
- Territories assigned by area, giving each salesperson exclusive responsibility for a region. Travel costs are low and accountability clear when product lines are similar.
- Span of control
- The number of subordinates one sales manager can supervise effectively. Wider spans require experienced salespeople, standard reporting and less field coaching per person.
- Territory design criteria
- Territories should be contiguous, compact to limit travel, and roughly equal in sales potential or workload, while large enough to let a salesperson earn a fair income.
- Test validity and reliability
- Validity means a selection test predicts job performance; reliability means it yields consistent scores on repetition. A test can be reliable yet still invalid for selection.
- Structured interview
- A selection interview using preset questions and rating scales for all candidates, which improves comparability and reduces interviewer bias compared with free conversation.
- Herzberg two-factor theory
- Hygiene factors such as salary and working conditions prevent dissatisfaction but do not motivate; motivators such as recognition, achievement and responsibility generate genuine effort.
- Straight commission compensation
- Pay entirely tied to sales achieved. It maximises selling incentive and cuts fixed cost, but weakens loyalty, servicing and teamwork, and makes salespeople's income unstable.
- Sales forecast
- An estimate of expected sales for a future period under a stated marketing plan. It differs from sales potential, which is the maximum achievable with full resources.
- Delphi method
- A qualitative forecasting technique using repeated anonymous questionnaires with summarised feedback, so experts converge on an estimate without being dominated by senior or vocal members.
- Sales force composite
- A forecast built by aggregating each salesperson's estimate for their territory. It uses local knowledge but is prone to deliberate understatement when estimates feed quotas.
- Variance analysis in sales control
- Comparing actual results with budgeted standards, calculating the size of the gap, identifying its cause and taking corrective action, whether on price, volume or selling expense.
- Advertising definition
- Paid, non-personal, sponsored communication about a product, service or idea, delivered through mass media to a defined audience, with the sponsor identified.
- Institutional advertising
- Advertising that promotes an organisation's image or viewpoint rather than a specific product, building goodwill and credibility that supports the firm's brands over time.
- Primary demand advertising
- Advertising that promotes an entire product category rather than one brand, typically used when a category is new and needs generic awareness before brand competition begins.
- Reach and frequency
- Reach is the number of distinct people exposed to a media schedule in a period; frequency is the average number of exposures each reached person receives.
- Cost per thousand (CPM)
- Media cost divided by audience size in thousands. It compares the efficiency of vehicles in reaching an audience but says nothing about message quality or impact.
- Media planning sequence
- Set media objectives, select media classes, choose specific vehicles, decide timing pattern such as continuous, flighting or pulsing, then buy the schedule and evaluate results.
- Headline in advertising copy
- The most prominent words of an advertisement, whose tasks are to attract attention, select the right audience and lead the reader into the body copy.
- Layout principles
- Design rules for arranging advertisement elements: balance, contrast, proportion, movement, unity and emphasis, guiding the eye from the visual to the headline and body copy.
- Advertising creativity
- The combination of originality with relevance, producing a fresh idea that still communicates the brand's proposition clearly to the intended audience.
- Objective-and-task budgeting
- Setting the advertising budget by defining communication objectives, deciding the tasks required to meet them, and costing those tasks. It links spending directly to purpose.
- Recall versus recognition tests
- Recall measures what respondents remember without prompting; recognition measures what they identify when shown the advertisement. Recognition scores are usually much higher.
- Puffery in advertising
- Vague, subjective praise such as 'the finest in town' that no reasonable consumer takes literally. It is generally tolerated, unlike a false factual claim.