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The most important thing is a good product. Most people won't buy things that aren't any good. Have a good customer relations policy. Make the customer happy.

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17y ago

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What are the Importance of sales prospecting?

The importance of sale prospecting is that it makes business growth a possibility. Sale prospecting is the act of looking forward to new business opportunities, which would make increase the revenue coming in, allowing a company to grow.


Briefly describe the various tasks and responsibilities of a sales manager in the organization you are associated or familiar with?

A sales manager in the organization I am familiar with is responsible for setting sales goals, developing strategic sales plans, managing a team of sales representatives, monitoring sales performance, conducting sales meetings, and collaborating with other departments to drive revenue growth. They are also involved in training and mentoring sales staff, analyzing market trends, and building and maintaining customer relationships.


What is the significance of working capital management to match sales and production?

If sales and production can be matched, the level of inventory and the amount of current assets needed can be kept to a minimum; therefore, lower financing costs will be incurred. Matching sales and production has the advantage of maintaining smaller amounts of current assets than level production, and therefore less financing costs are incurred. However, if sales are seasonal or cyclical, workers will be laid off in a declining sales climate and machinery (capital assets) will be idle. Here lies the tradeoff between level and seasonal production: Full utilization of capital assets with skilled workers and more financing of current assets versus unused capacity, training and retraining workers, with lower financing for current assets.


Why is it so important that someone working in travel is a good sales person?

Being a good salesperson in the travel industry is crucial because it involves promoting products and services to customers in a competitive market. A skilled salesperson can effectively communicate the value of travel experiences, secure bookings, and build lasting relationships with clients, driving business success for themselves and their company.


What is the example of declining demand?

An example of declining demand would be a decrease in sales of a specific product over time, leading to excess inventory or the need for price markdowns to stimulate sales. This could be due to changes in consumer preferences, competition from alternative products, or a decrease in overall market demand.

Related Questions

Why is sales promotion important?

Sales promotion important as it creates awareness for a product or service. This will usually result into higher sales and profits for the company.


What is B2 B sales?

b2 sales are very important .


How important is sales?

VERY!


Are sales taxes important to state income?

Yes, in states which have a sales tax, it is a very important source of revenue.


Why are fractions and percentages so important?

it is important for cloths and sales and to find out how much things cost and etcc...... sales, math,


What do sales management recruiters do?

Sales Management Recruiters have a very important job in the sales industry. Their job is to try and recruit sales people to their company, to increase sales.


What is Define the most important functions of sales assistant present job?

Define the most important function of sales assistant job?


What is sales budgeting and why is it important?

Sales budgeting is the starting point of budgeting process as in sales budget first of all the sales demand is determined and after that all other budgets are prepared to fulfill that demand.


How do you use sales enquiry?

sales enquiry is an important part of sales which helps you to know the actual demand of the product, also helps you to create the customer database.


Why are comparable sales important in the retail industry?

A company's sales are important to the retail industry because it shows and maps the amount of money that is going into the company and how much they are making from profits.


What should be the features of a sales letter and how would you attract the readers?

A sales letter may be offering farm machinery, ladies lingerie, or roof repair. There is no standard, sure fire, letter for sales. The important feature of a sales letter is to know your customer; what they need, what price they can pay, what qualities of a product are important to them. If you know your customer, these are the features that should be highlighted in a sales letter.


Why is sales of goods act important?

because it protects your business