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Personal selling is important because customers are looking at the whole package. If you can't sell yourself, then you will not be able to sell the product.

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11y ago

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What are the disadvantages of market oriented company?

getting sacked


What are the disadvantages of being a market oriented company?

you will reduce quality


What differentiates marketing oriented company from market oriented company?

A marketing-oriented company and a market-oriented company both focus on understanding and meeting customer needs, but they approach this goal in slightly different ways. Here's how they differ: Customer Focus vs. Market Focus: Marketing-Oriented Company: This type of company primarily focuses on its existing products or services and seeks to promote and sell them to customers. They may use market research and customer feedback to refine their marketing strategies, but the core emphasis is on promoting what they already have. Market-Oriented Company: A market-oriented company, on the other hand, places a higher emphasis on continuously studying the market and customer preferences. They are more adaptable and open to changing their product or service offerings based on the evolving needs and trends in the market. They are proactive in identifying emerging opportunities and threats. Product-Centric vs. Customer-Centric: Marketing-Oriented Company: Such a company is often product-centric. They develop products or services first and then create marketing strategies to sell them. Customer needs are considered, but they may not be the primary driver behind product development. Market-Oriented Company: A market-oriented company is customer-centric. They prioritize understanding customer needs and preferences before developing or modifying products and services. Customer input guides the product development process, ensuring that the company delivers what the market demands. Long-Term vs. Short-Term Focus: Marketing-Oriented Company: These companies may focus more on short-term sales and promotional tactics to boost immediate revenue. Market-Oriented Company: Market-oriented companies often have a long-term perspective. They build strong customer relationships and invest in research and development to stay relevant in the market over time. Market Research vs. Customer Relationship: Marketing-Oriented Company: They may conduct market research to identify target audiences and promote products effectively. Market-Oriented Company: Market-oriented companies not only conduct market research but also establish strong customer relationships. They engage in ongoing dialogue with customers to understand their evolving needs and preferences. In summary, while both types of companies aim to satisfy customer needs, marketing-oriented companies tend to prioritize their existing products and short-term gains, whereas market-oriented companies put the customer at the center of their business strategy, focusing on long-term success and adaptability to changing market conditions.


What is business market and consumer market?

A business market is where people or businesses are selling to other businesses.A consumer market is where you are selling goods to people for their own personal use


What are the product and market situations conductive to the use of personal selling?

tu bata


What is the essence of sales-oriented philosophy?

"if you do enough advertising, promotional activities, and direct selling, you can persuade the market to buy all of your output."


What is the difference between market oriented pricing and company oriented pricing?

it could be that market orientated pricing is where you look at your target market and see what sort of prices they will be prepared to pay. Whereas company orientated pricing is i guess when the company look at their costs and sort out a profit margin and work out the price that they are going to charge to make sure that they are going to make profit.


What is target maket?

A target market is who a company has decided to aim its marketing resources at. essentially the target market would be who the company wants to buy the product its selling.


Which financial institution allows companies to raise money by selling shares of their company to others?

The stock market allows companies to raise money by selling shares of their company to others.


What is the difference between a market-oriented sales oriented and a production oriented organisation?

Marketing Oriented: Company focus primarily on customers needs and wants based on reliable data. Sales Driven Companies: The main objective is sales and customer's needs are competely ignored


What are the advantages of being a market-oriented company?

· Facilitates the development of innovative products · Increases new product performance and success · Reduces uncertainty about potential market size


What are the advantages of being a market oriented company?

· Facilitates the development of innovative products · Increases new product performance and success · Reduces uncertainty about potential market size