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Copyright © by The McGraw-Hill Companies, Inc. All rights reserved. Permission is granted to reproduce this page for classroom use. Name _________________________________________ Date _______________ Class ____________ Unit 5 Selling Marketing Internship Project Worksheet Directions Handling inquiries and building a customer base is part of every salesperson’s job. How would you handle the following customer inquiries about your company’s reusable vinyl wall coverings? Write the script you would use to answer the customer. 1. I think these reusable vinyl wall coverings will damage my walls. 2. My son had a different brand and after moving from one place to another the adhesive no longer worked. How can I be sure your products will perform any better? 3. Can’t I buy these vinyl wall coverings in Kmart and online? 4. Can you use a photo of my son playing basketball to create a personalized reusable vinyl wall covering for me? If yes, how much would that cost and how soon could I get it? 5. My niece is a Yankee Baseball fan. Which Yankee baseball player would you recommend I buy for her? 6. Making a sale is the first step in developing customer relationships. Write a memo to Jan Smith, your superior on what you think the kiosk sales staff could do to foster customer relationships. 7. The company’s vice president of sales wants your opinion on how to market these sports wall coverings to high school and college teams by making use of its current sales force. Prepare notes for your meeting with the vice president of sales. Provide specific ideas with lots of details. 1 Chapter 12 Marketing Essentials Fast Files
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Page 1: Marketing Internship Project Worksheetglencoe.mheducation.com/sites/dl/premium/007895312x/instructor/... · Write one letter of each answer in each ... sales quota A dollar or unit

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Name _________________________________________ Date _______________ Class ____________

Unit 5 SellingMarketing Internship Project Worksheet

Directions Handling inquiries and building a customer base is part of every salesperson’s job. How would you handle the following customer inquiries about your company’s reusable vinyl wall coverings? Write the script you would use to answer the customer.

1. I think these reusable vinyl wall coverings will damage my walls.

2. My son had a different brand and after moving from one place to another the adhesive no longer worked. How can I be sure your products will perform any better?

3. Can’t I buy these vinyl wall coverings in Kmart and online?

4. Can you use a photo of my son playing basketball to create a personalized reusable vinyl wall covering for me? If yes, how much would that cost and how soon could I get it?

5. My niece is a Yankee Baseball fan. Which Yankee baseball player would you recommend I buy for her?

6. Making a sale is the fi rst step in developing customer relationships. Write a memo to Jan Smith, your superior on what you think the kiosk sales staff could do to foster customer relationships.

7. The company’s vice president of sales wants your opinion on how to market these sports wall coverings to high school and college teams by making use of its current sales force. Prepare notes for your meeting with the vice president of sales. Provide specifi c ideas with lots of details.

1Chapter 12 Marketing Essentials Fast Files

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Name _________________________________________ Date _______________ Class ____________

Chapter 12 Selling Overview Discovery Project Worksheet

Directions A career in sales includes knowing industry jargon, which is a specialized vocabulary used by a particular group. Use the clues to solve the puzzle. Write one letter of each answer in each space provided. Then copy the boxed letters in order to create the word that will complete the sentence at the bottom of the page.

• commission • conversion • SEO (search engine optimization)

• lead • prospecting • closing

• consultative selling

1. percentage of sales kept by the salesperson

2. providing solutions to customers’ problems by fi nding products that meet their needs

3. seeking potential customers

4. completing a sale

5. when a non-customer becomes a customer

6. a potential customer

7. inserting often-used key words into web text, ads, HTML code, and meta tags to increase a business’s rankings on search engine

1.

2.

3.

4.

5.

6.

7. (

)

8. A salesperson must have knowledge about the product and understand the customers’ rational and emotional for buying.

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Name _________________________________________ Date _______________ Class ____________

Chapter 12 Selling Overview Discovery Project Evaluation Rubric

Directions Use the Self-Evaluation Guidelines below to assess the content of your Discovery Project. Rate your performance and give yourself a score for each criterion. Then give your answers and this completed Evaluation Rubric to your teacher to evaluate.

Self-Evaluation Guidelines

Exemplary

(10–8 points)

Satisfactory

(7–4 points)

Poor

(3–0 points)

• Includes all of the required content elements

• Very well organized • All details provided • Logical conclusions

supported by research• Presentation of findings

extremely effective and/or appropriate

• Includes some of the required content elements

• Well organized • Many general details provided • Conclusions somewhat logical

and somewhat supported by research

• Presentation of findings somewhat effective and/or appropriate

• Includes few or none of the required content elements

• Disorganized • Few or no details provided • Conclusions illogical and not

supported by research• Presentation of findings

ineffective and/or inappropriate

Criteria Exemplary

(10–8 points)

Satisfactory

(7–4 points)

Poor

(3–0 points)

Student

Score

Teacher

Score

Content

Description of business enterprises researched

Integration of employment requirements for entry and management levels

Integration of pay scales for entry and management levels

Integration of benefits for entry and management levels

Explanation of advantages of selling as a career

Explanation of disadvantages of selling as a career

Description of interesting vs. unappealing aspects of selling

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Chapter 12 Selling Overview Discovery Project Evaluation Rubric continued

Evaluation of selling as personal career choice

Synthesis of research and evaluation

Effective presentation of findings

Total

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Chapter 12 Selling OverviewSection 12.1 The Sales Function

Section Graphic Organizer

Directions In the diagram, write details on Selling the Marketing Concept and Sales Management.

Purpose and Goal

Sales Trends and TechnologySelling and the Marketing Concept

Legal and Ethical Issues

Sales Management

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Chapter 12 Selling OverviewSection 12.1 The Sales Function

Section Outline with Content and Academic Vocabulary

Section OutlineSelling and the Marketing Concept

Purpose and Goal

Sales Trends and Technology

Web Sites and Social Media

E-Mail

Customer Loyalty Programs

Computer Software

Mobile Devices

Partnerships

Sales Management

Company Policies

Training

Compensation and Sales Quotas

Legal and Ethical Issues

Sales Pressure

Sales Contracts

Sales Regulations

Content Vocabularycustomer relationship management (CRM) A system that involves finding customers and keeping them satisfied. (p. 278)

call report A written report that documents a sales representative visit with a customer, including the purpose and outcome of the visit. (p. 281)

sales quota A dollar or unit sales goal set for the sales staff to achieve in a specified period of time. (p. 282)

Academic Vocabularysolidify To make strong or united. (p. 278)

interface To join by means of a computer and any other entity, such as a printer or human operator. (p. 279)

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Chapter 12 Selling OverviewSection 12.1 The Sales Function

Digital Nation Activity: Nike’s Social Network

Directions Visit an athletic apparel company Web site that offers some type of social media opportunities and answer the following questions.

1. In addition to sponsoring a sporting event, what are some other ways athletic apparel companies use social media and social networking?

2. Write a paragraph with your observations.

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Chapter 12 Selling OverviewSection 12.2 Sales Careers

Section Graphic Organizer

Directions In the chart, make three lists that include sales positions, the seven steps of a sale, and the three levels of consumer decision making.

Sales Positions Steps of a SaleCustomer Decision

Making

Retail businesses A - Approach

N - Needs determined

P -

O -

C -

S & R -

Extensive

L

R

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Chapter 12 Selling OverviewSection 12.2 Sales Careers

Section Outline with Content and Academic Vocabulary

Section OutlinePersonal Selling

Types of Sales Positions

Retail Businesses

Industrial and Service Businesses

Telemarketing and Nonprofit

Internet Web Sites and Sales

Steps of a Sale

Customer Decision Making

Extensive Decision Making

Limited Decision Making

Routine Decision Making

A Career in Sales

Sales Career Benefits

Characteristics of Successful Salespeople

Content Vocabularypersonal selling Any form of direct contact between a salesperson and a customer. (p. 285)

organizational selling Sales exchanges that occur between two or more companies or business groups. (p. 285)

cold call A sales visit without an appointment. (p. 285)

telemarketing Telephone solicitation to make a sale. (p. 286)

extensive decision making A type of customer decision making used when there has been little or no previous experience with an item offered for sale. (p. 287)

limited decision making Used when a person buys goods and services that he or she has purchased before but not regularly. (p. 287)

routine decision making A type of customer decision making used when a person needs little information about a product he or she is buying. (p. 288)

Academic Vocabularypre-sold Refers to sales that are due to promotional efforts before a customer comes to a store. (p. 285)

perquisite An incidental benefit awarded for certain types of employment (especially if it is regarded as a right). (p. 289)

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Chapter 12 Selling OverviewChapter Summary

Directions Use this worksheet to take notes as you read the chapter.

• The purpose of selling is to help customers make satisfying buying decisions, with the goal of creating ongoing, profitable relationships.

• Customer relationship management (CRM), a system that involves finding customers and keeping them satisfied.

• Company Web sites, social media, e-mails, and computer software have revolutionized CRM.

• Sales managers plan, organize, and control the sales function, and establish the structure of the sales organization.

• Three forms of customer decision making are extensive, limited, and routine.

• The seven steps of a sale include: approach the customer, determine needs, present the product, overcome objections, close the sale, perform suggestion selling, and build relationships as follow up.

• Salespeople work in retail, industrial, service, telemarketing, and Internet businesses, as well as nonprofit organizations.

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Chapter 13 Beginning the Sales Process Discovery Project Worksheet

Directions A significant part of a company’s marketing plan is an assessment that lists and analyzes the company’s strengths, weaknesses, opportunities, and threats. This process is called SWOT analysis. The questions listed are samples that could be used as part of a company analysis. For each question, explain why it is necessary for a salesperson to know the answer.

Company Analysis1. What is the company’s mission statement?

2. What is the company’s sales history? Are sales increasing or decreasing?

3. What is the company’s reputation and image among consumers?

Customer Analysis4. Who are the customers?

5. What, when, where, and how much do the customers buy?

6. How do customers rate the company on quality, service, and value?

Competition Analysis7. What advantages does the company have over its competitors?

8. Are competitors taking business away from the company? If so, how?

9. What is the company’s market share?

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Name _________________________________________ Date _______________ Class ____________

Chapter 13 Beginning the Sales ProcessDiscovery Project Evaluation Rubric

Directions Use the Self-Evaluation Guidelines below to assess the content of your Discovery Project. Rate your performance and give yourself a score for each criterion. Then give your answers and this completed Evaluation Rubric to your teacher to evaluate.

Self-Evaluation Guidelines

Exemplary

(10–8 points)

Satisfactory

(7–4 points)

Poor

(3–0 points)

• Includes all of the required content elements

• Very well organized • All details provided • Logical conclusions

supported by research• Presentation of findings

extremely effective and/or appropriate

• Includes some of the required content elements

• Well organized • Many general details provided • Conclusions somewhat logical

and somewhat supported by research

• Presentation of findings somewhat effective and/or appropriate

• Includes few or none of the required content elements

• Disorganized • Few or no details provided • Conclusions illogical and not

supported by research• Presentation of findings

ineffective and/or inappropriate

Criteria Exemplary

(10–8 points)

Satisfactory

(7–4 points)

Poor

(3–0 points)

Student

Score

Teacher

Score

Content

Research approach

Description of shoe construction

Description of materials used

Determination of design patent status

Integration of retail price

Explanation of appealing features

Evaluation of competition

Conclusions about original product vs. competitor’s product

Synthesis of research

Effective presentation of findings

Total

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Chapter 13 Beginning the Sales ProcessSection 13.1 Preliminary Activities

Section Graphic Organizer

Directions Write in the preliminary activities associated with the sales process, using the outline.

I. Getting ready to sell

A. Product Knowledge

1. 2. 3.B. C.

II. Feature-Benefit Selling

A. Product Features

1. 2. 3.B. C. D. E. Customer

Buying Motives 1. 2. 3. 4.

III. ProspectingA. Prospecting

Techniques 1. 2. 3.B.

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Chapter 13 Beginning the Sales ProcessSection 13.1 Preliminary Activities

Section Outline with Content and Academic Vocabulary

Section OutlineGetting Ready to Sell

Product Knowledge

Experience

Published Materials and Web Sites

Training

Industry Trends and Competition

Merchandising

Feature-Benefit Selling

Product Features

Basic Feature

Physical Features

Extended Product Features

Customer Benefits

Selling Points

Advantages

Customer Buying Motives

Rational Motives

Emotional Motives

Patronage Motives

Multiple Motives

Prospecting

Prospecting Techniques

Customer Referrals

Cold Canvassing

Employer Sales Leads

Qualifying Prospects

Answers to Questions

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Chapter 13 Beginning the Sales ProcessSection 13.1 Preliminary Activities

Section Outline with Content and Academic Vocabulary continued

product feature Basic, physical, or extended attribute of a product or purchase. (p. 303)

physical feature Tangible attribute that helps explain how a product is constructed. (p. 304)

extended product feature Intangible attribute related to the sale of a product that customers find important. (p. 300)

customer benefit Advantage or personal satisfaction a customer will get from a good or service. (p. 300)

selling point The function of a product feature and its benefit to a customer. (p. 304)

buying motive A reason a customer buys a product. (p. 301)

rational motive A conscious, logical reason for a purchase. (p. 306)

emotional motive A feeling expressed by a customer through association with a product. (p. 302)

patronage motive A reason for remaining a loyal customer of a company. (p. 302)

prospecting Looking for new customers. (p. 307)

prospect A sales lead; a potential customer. (p. 307)

referral A recommendation of another person who might buy the product being sold. (p. 308)

endless-chain method When salespeople ask previous customers for names of potential customers. (p. 304)

cold canvassing The process of locating as many potential customers as possible without checking leads beforehand. (p. 304)

Academic Vocabularyshadowing Spending time in the workplace with someone as he or she goes through a normal workday. (p. 301)

longevity Having a long life or existence. (p. 299)

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Chapter 13 Beginning the Sales ProcessSection 13.1 Initial Steps of a Sale

Green Marketer Activity: Understanding the Green Consumer

Directions Imagine that you are in charge of marketing for a men’s clothing company that is about to launch a “green” organic cotton line. Answer the following question.

1. What would you want to know about your customer base before you could create an effective marketing campaign for this new line? (Explain your answer.)

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Chapter 13 Beginning the Sales ProcessSection 13.2 First Steps of a Sale

Section Graphic Organizer

Directions Write an outline of this section’s content in the chart.

I. The approachA. Approach in organizational

selling 1. 2. a. b.B. Approach in retail selling 1. 2. a. b. c.

II. Determining needsA.B. 1. 2. 3.

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Chapter 13 Beginning the Sales ProcessSection 13.2 First Steps of a Sale

Section Outline with Content and Academic Vocabulary

Section OutlineThe Approach

Organizational Selling

Arrive Early

Greet and Engage Customer

Engaging a Current Customer

Engaging a New Customer

Retail Selling

Timing the Retail Approach

Retail Approach Methods

Greeting Approach

Service Approach

Merchandise or Theme Approach

Determining Needs

When to Determine Needs

How to Determine Needs

Observing

Listening

Questioning

How to Refine Questions

Question Do’s and Don’ts

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Chapter 13 Beginning the Sales ProcessSection 13.2 First Steps of a Sale

Section Outline with Content and Academic Vocabulary continued Academic Vocabularyrapport A feeling of sympathetic and mutual understanding. (p. 311)

astute Marked by practical hardheaded intelligence. (p. 310)

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Chapter 13 Beginning the Sales ProcessChapter Summary

Directions Use this worksheet to take notes as you read the chapter.

• To prepare for a sale, salespeople study products, industry trends, and competition.

• Matching the characteristics of a product to a customer’s needs and wants is feature-benefit selling. Customers may have rational and emotional motives for buying.

• A prospect or lead is a potential customer.

• The approach step of the sale can make or break the sale.

• The three purposes of the approach are to begin a conversation, build a relationship, and focus on the product.

• The three retail sales approaches are service, greeting, and merchandise.

• Determining needs is a step in the sales process that should begin as soon as possible and continue throughout the process.

• Three methods to determine needs are observing, listening, and asking questions.

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Chapter 14 Presenting the Product Discovery Project Worksheet

Directions The goal of a sales presentation is to match customer needs to the features and benefits of a product. Choose a product or service you would like to sell and where you will sell it. Use this organizer to take notes that can help you prepare a sales presentation for that product or service.

1. Display and Handle the Product

2. Demonstrate the Product

3. Explain Product Features Benefits

4. Involve the Customer

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Chapter 14 Presenting the ProductDiscovery Project Evaluation Rubric

Directions Use the Self-Evaluation Guidelines below to assess the content of your Discovery Project. Rate your performance and give yourself a score for each criterion. Then give your answers and this completed Evaluation Rubric to your teacher to evaluate.

Self-Evaluation Guidelines

Exemplary

(20–16 points)

Satisfactory

(15–10 points)

Poor

(9–0 points)

• Includes all of the required content elements

• Very well organized • All details provided • Logical conclusions

supported by research• Presentation of findings

extremely effective and/or appropriate

• Includes some of the required content elements

• Well organized • Many general details provided • Conclusions somewhat logical

and somewhat supported by research

• Presentation of findings somewhat effective and/or appropriate

• Includes few or none of the required content elements

• Disorganized • Few or no details provided • Conclusions illogical and not

supported by research• Presentation of findings

ineffective and/or inappropriate

Criteria Exemplary

(20–16

points)

Satisfactory

(15–10

points)

Poor

(9–0 points)

Student

Score

Teacher

Score

Content

Description of anticipated customer questions/concerns

Integration of customer questions/concerns in training session

Description/rationale for products used in the training session

Demonstration of product presentation skills

Effective presentation of training sessions

Total

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Chapter 14 Presenting the ProductSection 14.1 Product Presentation

Section Graphic Organizer

Directions Use the chart to take notes about how to create an effective product presentation.

Product Presention

Make It Come Alive

Show and Tell

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Chapter 14 Presenting the ProductSection 14.1 Product Presentation

Section Outline with Content and Academic Vocabulary

Section OutlineOrganizing the Product Presentation

Show and Tell

Which Products Do You Show?

What Price Range Should You Offer?

How Many Products Should You Show?

What Do You Say?

Plan the Presentation

Presenting and Demonstrating the Product

Using Displays and Sales Aids

Involving the Customer

Holding the Customer’s Attention

Content Vocabularylayman’s terms Words that the average customer can understand. (p. 322)

Academic Vocabularycollate To assemble in proper sequence. (p. 323)

swatch A sample piece of fabric. (p. 323)

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Chapter 14 Presenting the ProductSection 14.2 Objections

Section Graphic Organizer

Directions Use the chart to take notes about ways to handle objections.

Four-Step Method

Specialized Methods

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Chapter 14 Presenting the ProductSection 14.2 Objections

Section Outline with Content and Academic Vocabulary

Section OutlineUnderstanding Objections

Plan for Objections

Common Objections

Need

Product

Source

Price

Time

Four-Step Process for Handling Objections

Listen Carefully

Acknowledge the Objections

Restate the Objections

Answer the Objections

Specialized Methods of Answering Objections

Substitution

Boomerang

Question

Superior Point

Denial

Demonstration

Third Party

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Chapter 14 Presenting the ProductSection 14.2 Objections

Section Outline with Content and Academic Vocabulary continued

superior-point method A technique of overcoming objections by permitting the salesperson to acknowledge objections as valid, yet still offset them with other features and benefits. (p. 332)

third-party method A technique that involves using another customer or neutral person who can give a testimonial about the product. (p. 333)

Academic Vocabularyparaphrase To express the same message in different words. (p. 330)

compensate To make up for shortcomings or a feeling of inferiority by exaggerating good qualities. (p. 332)

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Chapter 14 Presenting the ProductSection 14.2 Objections

Digital Nation Activity: SEO: Show Me the Content

Directions Read the following paragraph and then answer the following question.Search engine marketing (SEM) is the practice of paying to have a Web site displayed as a sponsored link on search engine results pages for specific keywords or phrases. The more popular or lucrative a keyword, the more the company bids for the sponsored link. Companies then pay for each click they receive.

1. What do you think are the advantages of SEM over traditional display advertising, which serves the same ad to all potential customers?

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Chapter 14 Presenting the ProductChapter Summary

Directions Use this worksheet to take notes as you read the chapter.

• The goal of product presentation is to match a customer’s needs and wants to a product’s features and benefits.

• When selecting products to show, consider customer needs and price range, and limit selection to three items.

• To make your product presentation lively and effective, handle the product with respect, demonstrate product features, involve the customer, and use sales aids.

• Objections are reasons for not buying or doubts that occur during a sales presentation.

• Objections can help clarify a customer’s needs and provide an opportunity to introduce additional selling points.

• Objections are based on five buying decisions: need, product, source, price, and time.

• Four steps for handling customer objections are listen, acknowledge, restate, and answer.

• Seven specific methods for handling objections include substitution, boomerang, question, superior point, denial, demonstration, and third party.

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Chapter 15 Closing the Sale Discovery Project Worksheet

Directions Read the scenarios, and then offer suggestions that would help close each of the sales.

1. Jackie is a sales associate at an appliance store. It is the last day of the month, and she is $100 short of her monthly sales quota. A recent college graduate who just moved into his fi rst apartment has been asking Jackie lots of questions about vacuum cleaners. The customer is having a diffi cult time choosing between a vacuum that is on sale for $119.99 and another model by the same manufacturer for $149.99. While the customer is examining the models, Jackie’s supervisor comes over to tell Jackie to take her break before the store’s busy period starts.

2. Jeff is the type of salesperson who can sell ice to a polar bear. He loves the satisfaction that comes with closing a sale, and he is always looking for products to sell. He can often be found at trade shows and conventions, selling everything from kitchen gadgets to car washing accessories to jewelry cleaner. This time, he is at a booth at a large county fair, selling carpet cleaning products. A crowd has gathered to watch him demonstrate how well the cleaner works on a grease-stained piece of carpet. Jeff can tell that one couple is clearly interested, but they are hesitating about making a purchase.

3. Ronda is a membership director for a small-business advocacy organization. Her job is to convince small business owners to join the organization. The yearly membership fees pay for a variety of products and services that help business owners succeed. Several times a year, she revisits the business owners who have bought memberships to get them to renew their memberships. She is in the offi ce with the owner of an auto body repair shop. He is not interested in renewing his membership.

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Chapter 15 Closing the SaleDiscovery Project Evaluation Rubric

Directions Use the Self-Evaluation Guidelines below to assess the content of your Discovery Project. Rate your performance and give yourself a score for each criterion. Then give your answers and this completed Evaluation Rubric to your teacher to evaluate.

Self-Evaluation Guidelines

Exemplary

(10–8 points)

Satisfactory

(7–4 points)

Poor

(3–0 points)

• Includes all of the required content elements

• Very well organized • All details provided • Logical conclusions

supported by research• Presentation of findings

extremely effective and/or appropriate

• Includes some of the required content elements

• Well organized • Many general details provided • Conclusions somewhat logical

and somewhat supported by research

• Presentation of findings somewhat effective and/or appropriate

• Includes few or none of the required content elements

• Disorganized • Few or no details provided • Conclusions illogical and not

supported by research• Presentation of findings

ineffective and/or inappropriate

Criteria Exemplary

(10–8 points)

Satisfactory

(7–4 points)

Poor

(3–0 points)

Student

Score

Teacher

Score

Content

Integration of research on renovation/redecorating

Explanation/demonstration of sales strategy and techniques

Anticipation of customer questions

Preparation of answers to customer questions

Promotion of do-it-yourself projects

Emphasis on closing the sale

Customer satisfaction strategies

Strategy for follow-up

Collaboration with partners

Effective presentation of role play

Total

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Chapter 15 Closing the SaleSection 15.1 How to Close a Sale

Section Graphic Organizer

Directions Use the chart to identify information you need to know in order to close a sale.

Closing the Sale

Timing

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Chapter 15 Closing the SaleSection 15.1 How to Close the Sale

Section Outline with Content and Academic Vocabulary

Section OutlineClosing Concepts and Techniques

Timing the Close

Buying Signals

Trial Close

Tips for Closing the Sale

Recognize Closing Opportunities

Help Customers Make a Decision

Create an Ownership Mentality

Avoid Threatening Words

Get Minor Agreements

Pace Your Closing

Specialized Methods for Closing the Sale

Which Close

Standing-Room-Only Close

Direct Close

Service Close

The Service Close in Business-to-Business Situations

The Service Close in Retail

Failure to Close the Sale

Maintain a Positive Attitude

In Retail Sales

In Organizational Sales

Feedback

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Chapter 15 Closing the SaleSection 15.1 How to Close the Sale

Section Outline with Content and Academic Vocabulary continued

standing-room-only close A closing method in sales used when a product is in short supply or when the price will be going up. (p. 344)

direct close A method in which the salesperson asks for the sale, when the buying signal is very strong. (p. 348)

service close A closing method in which services that overcome obstacles or problems are explained. (p. 349)

Academic Vocabularycommit To give entirely to a specific activity or cause. (p. 346)

perseverance The act of persisting; continuing or repeating behavior. (p. 350)

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Chapter 15 Closing the SaleSection 15.1 Customer Satisfaction

Green Marketer Activity: TerraCycle™ Grows Greener

Directions A growing number of companies are creating eco-friendly products. Method, The Body Shop, Clorox’s Green Works, and Seventh Generation are just a few of these companies. Research one of these companies and answer the following questions.

1. Briefl y describe the company’s products.

2. How does the product’s packaging refl ect company’s eco-friendly promise?

3. What fi nancial or marketing benefi ts does the company derive from this program?

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Chapter 15 Closing the SaleSection 15.2 Customer Satisfaction

Section Graphic Organizer

Directions Use the chart to summarize key points for suggestion selling and for building a clientele.

Suggestion Selling

Benefits

Rules

Methods

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Chapter 15 Closing the SaleSection 15.2 Customer Satisfaction

Section Outline with Content and Academic Vocabulary

Section OutlineSuggestion Selling

Benefits of Suggestion Selling

Rules for Suggestion Selling

Suggestion Selling Methods

Offering Related Merchandise

Recommending Larger Quantities

Calling Attention to Special Sales Opportunities

Maintaining and Building a Clientele

After-Sales Activities

Order Processing

Departure

Order Fulfillment

Follow-Up

Customer Service

Offering Special Services

E-Mail & Social Media

Online Customer Support

Special Retail Services

Special Vendor Services

Customer Training

Handling Customer Complaints

Planning Future Sales

Keeping a Client File

Evaluate Your Sales Efforts

Content Vocabularysuggestion selling Selling additional goods or services to the customer. (p. 353)

Academic Vocabularyappreciate To recognize with gratitude; be grateful for. (p. 353)

volume The property of something that is great in magnitude. (p. 353)

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Chapter 15 Closing the SaleChapter Summary

Directions Use this worksheet to take notes as you read the chapter.

• Customer buying signals help a salesperson determine a customer’s readiness to buy.

• Close the sale as soon as the customer is ready to buy.

• Use success in answering objections or presenting a product as an opportunity to close.

• Help customers make a decision and create an ownership mentality.

• Four specialized methods for closing a sale include: the direct close, the which close, the standing-room-only close, and the service close.

• Suggestion selling helps generate sales revenue and create satisfied customers.

• Three specialized suggestion-selling methods include the following: offering related merchandise, or cross-selling; selling larger quantities, or up-selling; and calling attention to special sales opportunities.

• After-sales activities are important for maintaining and building a clientele. They include order processing, departure, order fulfillment, follow-up, customer service, keeping client files, and evaluating sales efforts.

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Chapter 16 Using Math in SalesDiscovery Project Worksheet

Directions Math touches many areas of sales, including the use of cash registers, handling money, understanding taxes, and verifying purchase orders. Circle the letter of the wrong answer from the lists that follow each statement.

1. All cash registers, from the simplest to the most complex, perform all of these functions except:

a. Record sales b. Prevent theft c. Store cash and sales documents d. Provide receipts

2. The following statements about U.S. currency are true except: a. Genuine currency has tiny red and blue fi bers embedded throughout b. The border scrollwork may be blurred and indistinct c. The portrait on a genuine bill appears lifelike and stands out distinctly. d. The fi ne-line printing on the border of a genuine bill is clear and unbroken.

3. Salespeople can enter transaction data into an electronic cash register all of these ways except:

a. Optical scanning b. Electronic wand entry c. Voice recognition d. Manual key entry

4. The following statements about sales tax are true except: a. Sales tax rates are the same in all states. b. A sales tax is a percentage fee imposed by the government on the retail price of an

item or service. c. Consumers pay the cost of sales taxes d. Legislation is periodically considered that would establish an Internet sales tax

collection system.

5. All of the following elements are contained in a purchase order except: a. Item number b. Quantity c. Description d. Coupon for the next purchase

6. Current trends in conducting and recording sales transactions include all of the following except:

a. point-of-sale (POS) system b. radio frequency identifi cation (RFID) c. adding machines d. self-service checkouts

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Chapter 16 Using Math in SalesDiscovery Project Evaluation Rubric

Directions Use the Self-Evaluation Guidelines below to assess the content of your Discovery Project. Rate your performance and give yourself a score for each criterion. Then give your answers and this completed Evaluation Rubric to your teacher to evaluate.

Self-Evaluation Guidelines

Exemplary

(20–16 points)

Satisfactory

(15–10 points)

Poor

(9–0 points)

• Includes all of the required content elements

• Very well organized • All details provided • Logical conclusions

supported by research• Presentation of findings

extremely effective and/or appropriate

• Includes some of the required content elements

• Well organized • Many general details provided • Conclusions somewhat logical

and somewhat supported by research

• Presentation of findings somewhat effective and/or appropriate

• Includes few or none of the required content elements

• Disorganized • Few or no details provided • Conclusions illogical and not

supported by research• Presentation of findings

ineffective and/or inappropriate

Criteria Exemplary

(20–16

points)

Satisfactory

(15–10

points)

Poor

(9–0 points)

Student

Score

Teacher

Score

Content

Research/observation results

Identification of math used in sales

Explanation of specific uses of math in sales

Evaluation of personal math skills

Effective presentation of skit/role play

Total

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Chapter 16 Using Math in SalesSection 16.1 Sales Transactions

Section Graphic Organizer

Directions Use the chart to list six types of retail sales transactions.

Types of Retail Sales Transactions

1. Cash or Check 2. 3.

4. 5. 6.

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Chapter 16 Using Math in SalesSection 16.1 Sales Transaction

Section Outline with Content and Academic Vocabulary

Section OutlineTypes of Retail Sales

Cash or Check Sales

Sales Checks

Math Skills for Handwritten Sales Checks

Debit Card Sales

Advantages of Debit Card Payments

Credit Card Sales

Credit Card Payment on the Internet

Credit Card Payment Costs to the Merchant

How Are Credit Card Payments Processed?

Getting Credit Authorization

Recording Credit or Debit Card Sales

Layaway Sales

On-Approval Sales

Cash on Delivery Sales

Sales Tax

Who Pays Sales Tax?

Sales Tax on the Internet

Returns, Exchanges, and Allowances

Handling Sales Tax for Return or Exchange Transactions

Shipping Charges

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Chapter 16 Using Math in SalesSection 16.1 Sales Transaction

Section Outline with Content and Academic Vocabulary continued

allowance Partial return of a sale price for merchandise the customer has kept, for example if there is a defect. (p. 370)

Academic Vocabularytransfer To move from one place to another. (p. 372)

area A part of a structure having some specific characteristic or function. (p. 369)

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Chapter 16 Using Math in SalesSection 16.1 Sales Transactions

Digital Nation Activity: Making Online Purchases Safe

Directions Personally identifiable information is any information that can be used to identify, find, or contact a person. Many Web sites collect personally identifiable information. Research the issue of personally identifiable information and answer the following questions.

1. What counts as personally identifi able information?

2. Why do Web sites collect it, and what do they do with it?

3. Should Web users be concerned about sites that collect personally identifi able information? Why or why not?

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Chapter 16 Using Math in SalesSection 16.2 Cash Registers

Section Graphic Organizer

Directions Use the chart to list three methods of entering information into an electronic cash register and three safeguards against theft.

Electronic Cash Registers

Methods of Entering Information 1. 2. 3.

Safeguards Against Theft/Counterfeiting 1. 2. 3.

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Chapter 16 Using Math in SalesSection 16.2 Cash Registers

Section Outline with Content and Academic Vocabulary

Section OutlineCash Registers and Their Main Functions

The Electronic Cash Register

Entering Data into an Electronic Cash Register

Universal Product Codes

Current Trends

Integration of Point-of-Sale Information

Radio Frequency Identification

The Cash Drawer

Cash Drawer Arrangement

Opening Cash Fund

Making Change

Using a POS System

Using a Non-POS System

Sales Tally

Theft and Counterfeiting

New Currency Design

Content VocabularyUniversal Product Code (UPC) A combination barcode and number used to identify a product and manufacturer that must be on every item sold by the manufacturer. (p. 374)

point-of-sale system A combination of a cash register with a computer, making it possible to capture information about the transaction at the time of sale and apply it to different functions. (p. 379)

till The cash drawer of a cash register. (p. 379)

opening cash fund A limited amount of money in the cash register at the beginning of business. (p. 380)

Academic Vocabularyautomatically In a mechanical manner; by a mechanism. (p. 377)

concentrate To direct one’s attention on something. (p. 382)

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Chapter 16 Using Math in SalesSection 16.3 Purchasing, Invoicing, and Shipping

Section Graphic Organizer

Directions Use the chart to list six types of information needed to complete a purchase order or invoice.

Information Needed

Purchase Order Invoice

1. Item number

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Chapter 16 Using Math in SalesSection 16.3 Purchasing, Invoicing, and Shipping

Section Outline with Content and Academic Vocabulary

Section OutlinePurchase Orders

Invoices

Dating Terms

Shipping

Parcel Post

Cash on Delivery (COD)

Delivery Arrangements

Content Vocabularypurchase order (PO) A legal contract between a buyer and seller that lists the quantity, price, and description of the products ordered, along with the terms of payment and delivery. (p. 381)

invoice Itemized list of goods that includes prices, terms of sale, total, taxes and fees, and amount due. (p. 382)

terms for delivery The final delivery arrangement made between the buyer and seller. (p. 382)

free-on-board (FOB) A delivery arrangement that means the price for goods includes delivery at the sellers’ expense to a specified point and no farther. (p. 382)

Academic Vocabularyoverseas In a foreign country. (p. 382)

tradition A specific practice of long standing. (p. 382)

48 Chapter 16 Marketing Essentials Fast Files

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Name _________________________________________ Date _______________ Class ____________

Chapter 16 Using Math in SalesChapter Summary

Directions Use this worksheet to take notes as you read the chapter.

• Sales transactions may be cash sales, debit card sales, credit card sales, layaway sales, on-approval sales, COD sales, returns, exchanges, and allowances.

• Sales tax and shipping charges are normally added to the total price of the products sold.

• Many retail businesses use electronic cash registers linked to computers as a point-of-sale (POS) system.

• Electronic cash registers display the amount of change to be returned to the customer.

• A purchase order includes the item number, quantity, description, unit, unit cost, and total (or extension) for each item ordered.

• When filling an order, a vendor prepares an invoice with the delivered merchandise.

49Chapter 16 Marketing Essentials Fast Files

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Name _________________________________________ Date _______________ Class ____________

Unit 5 Selling Marketing Internship Project Evaluation Rubric

Directions Use the Self-Evaluation Guidelines below to assess the content of your Marketing Internship Project. Rate your performance and give yourself a score for each criterion. Then give your answers and this completed Evaluation Rubric to your teacher to evaluate.

Self-Evaluation Guidelines

Exemplary

(10–8 points)

Satisfactory

(7–4 points)

Poor

(3–0 points)

• Includes all of the required content elements

• Very well organized • All details provided • No grammatical errors • Creatively designed and

executed

• Includes some of the required content elements

• Well organized • Many general details provided • Few grammatical errors • Neatly keyed or handwritten

• Includes few or none of the required content elements

• Disorganized • Few or no details provided • Many grammatical errors • Typos or illegible handwriting

Criteria Exemplary

(10–8 points)

Satisfactory

(7–4 points)

Poor

(3–0 points)

Student

Score

Teacher

Score

Content

Knowledge of the sales process and effective selling techniques

Knowledge of reusable wall graphics products and customers

Completeness of sales training plan, including rubric

Sample dialogue for each step of the sale

Suggested sales aids

Proper use of marketing terminology

Mechanics

Logical organization and continuity of presentation

Level of detail

Speaking and listening skills; appropriate visual aids (oral)

Neatness, legibility, spelling, and grammar (written)

Total

50 Chapter 16 Marketing Essentials Fast Files

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Answer Key Marketing Essentials Fast Files 51

Answer Key

(2) Sales staff should ask for the customer’s e-mail address so product updates and promotions can be delivered online on a regular basis.

7. Accept all reasonable ideas. Sample answer: To get started initially, the current sales force could contact the athletic directors and athletic booster clubs in high schools and colleges in their territories. The proposal could be to create reusable vinyl wall coverings of teams for sale to team members, families, friends, and fans. Additional sales could be made of individual players in action by hiring a photographer to take those shots with the intention of selling them as wall coverings.

Chapter 12 Discovery Project Worksheet 1. commission

2. consultative selling

3. prospecting

4. closing

5. conversion

6. lead

7. SEO (search engine optimization)

8. motives

Chapter 12 Discovery Project Evaluation RubricStudents can use the Self-Evaluation Guidelines to assess the content of their Discovery Projects. Students should rate their own performance and give themselves a score for each criterion.

Section 12.1 Graphic OrganizerSee page 55 for a reproducible graphic organizer worksheet with answers.

Section 12.1 Digital National ActivitySample answer: In addition to user-generated reviews, shoe site zappos.com offers multiple views of products in every available color; online live chat; prominently advertised free shipping (including return shipping); the ability to add products to a list of favorites; a

Unit 5 Marketing Internship Project ActivityAnswers will vary. Sample answers:

1. Our adhesive is better quality than our competitors and we offer a money back guarantee. Let me demonstrate how our products perform on this sample wall (sales aid).

2. If you look at our Facebook page (use computer to show customer) you will see all these positive comments from customers regarding how well our product performs when moving it from place to place.

3. You cannot buy our brand in Kmart. However, we do have our own Web site where you can make online purchases. Let me give you my card, which has our Web site address.

4. Yes, we can use your photo to create a personalized wall covering. If you have the digital version, you can e-mail me (give business card) or just leave the photo you have with me now. The price depends on the size you want. It takes approximately one week for personalized wall coverings to be delivered.

5. One of the most popular players is Derek Jeter, the Yankees’ team captain.

6. Accept all reasonable ideas. Below is a sample answer.

TO: Jan Smith

FROM: Student’s name

DATE: current date

RE: Kiosk Customer Relationship Building

Building a customer base is important for repeat sales, so I have several ideas that may help the kiosk sales staff that endeavor. (1) All kiosk sales personnel should have business cards that they can give to customers which include information to keep in contact with the company (i.e. Web site, Facebook, Twitter, phone numbers).

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Answer Key Marketing Essentials Fast Files52

Answer Key

notifi cation feature that tells users when new styles from a favorite brand are added to the site; and a feedback mechanism to report errors in product descriptions.

Section 12.2 Graphic OrganizerSee page 56 for a reproducible graphic organizer worksheet with answers.

Chapter 13 Discovery Project Worksheet Answers will vary. Sample answers:

1. Salespeople need to understand what they are representing to customers. This includes the company’s goals and values.

2. Customers may ask about the sales history so they know they are purchasing a reliable product or service; their confidence in the product or service may be influenced on how well it sells.

3. A sale can be made or broken based on a company’s reputation or image, so the salesperson needs to be aware how consumers view the company.

4. Customers want to know who their peers are. For example, a small business owner may be more inclined to become a chamber of commerce member if other companies he or she respects are members.

5. Salespeople need to know what, when, where, and on whom they need to focus their efforts.

6. Salespeople can use feedback, such as how customers rate the company’s quality, service, and value, to persuade potential new customers.

7. Customers are likely to ask why they should choose one company over the other, so salespeople need to have this information readily available.

8. If competitors are taking business away from the company, the salespeople need to be able to react and make adjustments in their techniques and strategies.

9. Salespeople must know the market share of their own company and of competitors so they can be aware of any potential opportunities created by changes in a competitor’s financial situation.

Chapter 13 Discovery Project Evaluation RubricStudents can use the Self-Evaluation Guidelines to assess the content of their Discovery Projects. Students should rate their own performance and give themselves a score for each criterion.

Section 13.1 Graphic OrganizerSee page 57 for a reproducible graphic organizer worksheet with answers.

Section 13.2 Graphic OrganizerSee page 58 for a reproducible graphic organizer worksheet with answers.

Section 13.2 Green Marketer ActivityYou would want to know as much about your customers and their needs as possible, including their demographics and psychographics, what percentage of customers are “dark green” and “light green,” what their motivation might be for buying organic (environmental commitment, health concerns, fashion statement), and whether they are willing to pay extra for organic products.

Chapter 14 Discovery Project Worksheet Answers will vary depending on product or service selected. Sample answer for a juicer for sale at a home and garden trade show:

1. Display the juicer in an attractive home-kitchen setting; keep a supply of fresh and appealing fruits and vegetables; make sure the area stays clean and inviting; handle the product and the food in a professional manner

2. Show customers how to prepare the fruits and vegetables; demonstrate how to operate and clean the juicer.

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Answer Key Marketing Essentials Fast Files 53

Answer Key

3. Explain the benefits of consuming fresh juice; tell parents that their kids will enjoy drinking healthy fruit drinks; emphasize ease of use and quiet operation; tell customers about the recipes and other products included with purchase.

4. Allow customers to use the juicer and taste the drinks; provide customers with brochures and samples.

Chapter 14 Discovery Project Evaluation RubricStudents can use the Self-Evaluation Guidelines to assess the content of their Discovery Projects. Students should rate their own performance and give themselves a score for each criterion.

Section 14.1 Graphic OrganizerSee page 59 for a reproducible graphic organizer worksheet with answers.

Section 14.2 Graphic OrganizerSee page 60 for a reproducible graphic organizer worksheet with answers.

Section 14.2 Digital Nation ActivityThe breakthrough advantage of SEM is that ads are specifi cally targeted to users’ interests, which increases the likely match between customer and seller. Advertisers’ sites get clicks from users who are looking for exactly the product or service they offer.

Chapter 15 Discovery Project Worksheet Answers will vary. Sample answers:

1. Jackie could see if another associate is available to take over. This way, even if Jackie loses the commission, the sale could still occur and the customer would be satisfied. A better option would be for Jackie to ask her supervisor to postpone her break until after the busy period.

2. Jeff could let the couple try the product themselves; he could ask them what kind of carpet stains they have at home, such as those made by kids, pets, food,

mud, and so on, and then explain how his product can help them specifically; he could offer incentives, such as free sponges or coupons for other products.

3. Ronda should find out why he is not interested—is it a financial issue, a philosophical issue, or something else? She should explain the benefits of membership, and reiterate why he joined in the first place. She could emphasize the challenges that businesses face, and explain that his membership contributes to the success of all small businesses. She could also offer him a lower rate than the year before.

Chapter 15 Discovery Project Evaluation RubricStudents can use the Self-Evaluation Guidelines to assess the content of their Discovery Projects. Students should rate their own performance and give themselves a score for each criterion.

Section 15.1 Graphic OrganizerSee page 61 for a reproducible graphic organizer worksheet with answers.

Section 15.2 Graphic OrganizerSee page 62 for a reproducible graphic organizer worksheet with answers.

Section 15.2 Green Marketer ActivitySample answer: The Body Shop promotes its reputation of being a steward of good health and the environment and has recently partnered with Earth Aid. The Method antibacterial, antiviral, and antimicrobial products are registered bythe Environmental Protection Agency. These products give the companies the ability to market themselves as environmental leaders. They gain some fi nancial benefi t because green companies have become more popular and acceptable with consumers.

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Answer Key Marketing Essentials Fast Files54

Answer Key

Chapter 16 Discovery Project Worksheet 1. b

2. b

3. c

4. a

5. d

6. c

Chapter 16 Discovery Project Evaluation RubricStudents can use the Self-Evaluation Guidelines to assess the content of their Discovery Projects. Students should rate their own performance and give themselves a score for each criterion.

Section 16.1 Graphic OrganizerSee page 63 for a reproducible graphic organizer worksheet with answers.

Section 16.1 Digital Nation ActivityE-mail address, full name, driver’s license number, social security number, and credit card number are considered by most sources to be personally identifi able information. Other information that may be personally identifi able when combined with other data includes IP address, birthday, age, and city of residence. Web sites collect this information in order to process customers’ orders and communicate with them, but they may also collect it for marketing purposes or for sale to affi liated companies and list brokers. Many people are concerned about the collection of personal information because of the potential for identity theft and because of an increasing loss of anonymity.

Section 16.2 Graphic OrganizerSee page 64 for a reproducible graphic organizer worksheet with answers.

Section 16.3 Graphic OrganizerSee page 65 for a reproducible graphic organizer worksheet with answers.

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Graphic Organizer Answer Key Marketing Essentials Fast Files 55

Graphic Organizer Answer Key

Chapter 12 Selling OverviewSection 12.1 The Sales Function

Graphic Organizer Answer

Directions In the diagram, write details on Selling the Marketing Concept and Sales Management.

Purpose and Goal

Sales Trends and TechnologySelling and the Marketing Concept

Legal and Ethical IssuesSales Management

Web Sites & Social Media

E-Mail

Customer Loyalty Programs

Computer Software

Mobile Devices

Partnerships

Sales Pressure

Sales Contracts

Sales Regulations

Company Policies

Training

Compensation & Sales Quotas

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Graphic Organizer Answer Key Marketing Essentials Fast Files56

Graphic Organizer Answer Key

Chapter 12 Selling OverviewSection 12.2 Sales Careers

Graphic Organizer Answer

Directions In the chart, make three lists that include sales positions, the seven steps of a sale, and the three levels of consumer decision making.

Sales Positions Steps of a SaleCustomer

Decision Making

Retail businesses A - Approach

N - Needs determined

P -

O -

C -

S & R -

Extensive

L

R

Industrial businesses

Service businesses

Telemarketing fi rms

Nonprofi t organizations

Internet companies

Present the product

Overcome objections

Close the sale

Suggestion selling & Build relationships

imited

outine

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Graphic Organizer Answer Key Marketing Essentials Fast Files 57

Graphic Organizer Answer Key

Chapter 13 Beginning the Sales ProcessSection 13.1 Preliminary Activities

Graphic Organizer Answer

Directions Write in the preliminary activities associated with the sales process, using the outline.

I. Getting Ready to Sell

A. Product Knowledge

1. 2.

3.B.

C.

II. Feature-Benefit Selling

A. Product Features 1. 2. 3.

B. C. D. E. Customer Buying

Motives 1. 2. 3. 4.

III. ProspectingA. Prospecting

Techniques 1.

2. 3.

B.

Experience

Published Materials and Web Sites

Training

Industry Trends and Competition

Merchandising

Basic Features

Physical Features

Extended Product Features

Customer Benefi ts

Selling Points

Advantages

Rational Motives

Emotional Motives

Patronage Motives

Multiple Motives

Customer Referrals

Cold Canvassing

Employer Sales Leads

Qualifying Prospects

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Graphic Organizer Answer Key

Chapter 13 Beginning the Sales ProcessSection 13.2 First Steps of a Sale

Graphic Organizer Answer

Directions Write an outline of this section’s content in the chart.

I. The approachA. Approach to organizational

selling 1. 2. a.

b.B. Approach in retail selling 1. 2. a. b. c.

II. Determining needsA.B. 1. 2. 3.

Arrive early

Greet and engage customer

Engaging a current customer

Engaging a new customer

Timing the retail approach

Retail approach methods

Greeting approach

Service approach

Merchandise or theme approach

When to determine needs

How to determine needs

Observing

Listening

Questioning

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Graphic Organizer Answer Key Marketing Essentials Fast Files 59

Graphic Organizer Answer Key

Chapter 14 Presenting the ProductSection 14.1 Product Presentation

Graphic Organizer Answer

Directions Use the chart to take notes about how to create an effective product presentation.

Product Presentation

Make It Come Alive

Show and TellDisplay and handle product

Involve the customer Sales aids

Demonstrate

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Graphic Organizer Answer Key

Chapter 14 Presenting the ProductSection 14.2 Objections

Graphic Organizer Answer

Directions Use the chart to take notes about ways to handle objections.

Four-Step Method

Specialized Methods

Superior Point

Denial

Demonstration

Third Party

Restate the Objections

Answer the Objections

Listen Carefully

Acknowledge the Objections

Substitution

Boomerang

Question

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Graphic Organizer Answer Key Marketing Essentials Fast Files 61

Graphic Organizer Answer Key

Chapter 15 Closing the SaleSection 15.1 How to Close a Sale

Graphic Organizer Answer

Directions Use the chart to identify information you need to know in order to close a sale.

Closing the Sale

Timing

Closing

Decisions Ownership Mentality

Agreements

Methods

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Graphic Organizer Answer Key

Chapter 15 Closing the SaleSection 15.2 Customer Satisfaction

Graphic Organizer Answer

Directions Use the chart to summarize key points for suggestion selling and for building a clientele.

Suggestion Selling

Benefi ts

Rules

Methods

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Graphic Organizer Answer Key Marketing Essentials Fast Files 63

Graphic Organizer Answer Key

Chapter 16 Using Math in SalesSection 16.1 Sales Transactions

Graphic Organizer Answer

Directions Use the chart to list six types of retail sales transactions.

Types of Retail Sales Transactions

1. Cash or Check 2. 3.

4. 5. 6.

Debit

On-approvalLayaway

Credit card

Cash-on-delivery

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Graphic Organizer Answer Key Marketing Essentials Fast Files64

Graphic Organizer Answer Key

Chapter 16 Using Math in SalesSection 16.2 Cash Registers

Directions Use the chart to list three methods of entering information into an electronic cash register and three safeguards against theft.

Electronic Cash Registers

Methods of Entering Information1.

2.

3.

Safeguards Against Theft/Counterfeiting1.

2.

3.

Optical scanning

Close cash drawer between transactions

Electronic wand entry

Lock drawer when leaving it

Manual key entry

Become familiar with currency

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Graphic Organizer Answer Key Marketing Essentials Fast Files 65

Graphic Organizer Answer Key

Chapter 16 Using Math in SalesSection 16.3 Purchasing, Invoicing, and Shipping

Graphic Organizer Answer

Directions Use the chart to list six types of information needed to complete a purchase order or invoice.

Information Needed

Purchase Order Invoice

1. Item number 1. Prices of goods

2. Quantity 2. Terms of sale

3. Description 3. Total

4. Unit 4. Taxes

5. Unit cost 5. Fees

6. Total 6. Amount due

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