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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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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.


How do you know if a company is market oriented?

A company is considered market-oriented if it prioritizes understanding and responding to customer needs and preferences in its products and services. Indicators of a market-oriented company include regular market research, customer feedback mechanisms, and a flexible approach to adapting strategies based on market trends. Additionally, such companies often emphasize cross-functional collaboration to ensure alignment with customer demands across departments. Finally, a strong focus on customer satisfaction and long-term relationships reflects a market-oriented mindset.


What is the differentiate between selling oriented and marketing oriented company?

A selling-oriented company focuses primarily on pushing its products to customers through aggressive sales tactics and promotions, often prioritizing immediate sales over customer needs. In contrast, a marketing-oriented company prioritizes understanding and meeting customer needs and preferences, developing products and services based on market research and customer feedback. This approach fosters long-term relationships and customer loyalty, as it emphasizes delivering value rather than just maximizing short-term sales. Ultimately, a marketing-oriented company aims for sustainable growth by aligning its offerings with customer desires.


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

tu bata


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