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A sales person can add value by becoming a teacher that is informative and who works at satisfying the customer while watching for that customer's best interests. Integrity, loyalty, and honesty are traits that all mankind look for in another. Through this practice you build trust and in tough economic times without it you stand to lose sales and overall value.
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What is the purpose and value of identifying internal customer needs and expectations?
The purpose and value of identifying internal customer need and expectations is that the customer becomes a loyal customer and sales increase. They also will boost sales by making referrals to other customers by having pleasant experiences.
What are the duties and responsibilities of a sales and marketing executive?
to match the customer needs.. And give him the value for the money
What is intangible value in customer service?
It isrelating tothe customer that you sincerely care abouthelping them and instil a reason for repeat business. It isrelating tothe customer that you sincerely care abouthelping them and instil a reason for repeat business.
What are value of a goodness of product fit customer?
The value of a good product-market fit lies in its ability to satisfy customer needs effectively, leading to higher customer satisfaction and retention. When a product aligns well with customer expectations, it often results in increased sales, positive word-of-mouth, and brand loyalty. Additionally, a strong product fit can streamline marketing efforts and reduce customer acquisition costs, ultimately enhancing profitability and long-term business success.
How customer service affects the success of the organisation?
"There is only one valid definition of business purpose: to create a customer. It is the customer who determines what a business is. What the business think it produces is not of first importance - especially not to the future of the business and to its success. What the customer thinks he is buying and considers 'value' is decisive - it determines what a business is, what it produces and whether it will prosper." - as summarized by Peter Drucker, 1989,(3)."There is only one valid definition of business purpose: to create a customer. It is the customer who determines what a business is. What the business think it produces is not of first importance - especially not to the future of the business and to its success. What the customer thinks he is buying and considers 'value' is decisive - it determines what a business is, what it produces and whether it will prosper." - as summarized by Peter Drucker, 1989,(3).A total customer satisfaction program benefits you in several ways:increase repeat purchase;increase the dollar value of purchase;ease your cashflow;creates positive word-of-mouth promotion for your company;differentiate you from your competition;minimize price sensitivity;improve employee morale;retains your customers;increase your productivity;foster better employee/supplier relatioship(answered by saranrajh)
What is sales discounts?
Sales discount is the reduction in price of value of sales to customer for promotional purposes.
What is a sale discount?
Sales discount is the reduction in price of value of sales to customer for promotional purposes.
What is the purpose and value of identifying internal customer needs and expectations?
The purpose and value of identifying internal customer need and expectations is that the customer becomes a loyal customer and sales increase. They also will boost sales by making referrals to other customers by having pleasant experiences.
Who is the commercial person really?
The "commercial person" typically refers to an individual who operates in a business context, focusing on driving revenue and profitability. This role often involves understanding market dynamics, building customer relationships, and developing strategies for product or service promotion. They may work in various capacities, such as sales, marketing, or business development, and are essential for bridging the gap between a company's offerings and customer needs. Ultimately, their goal is to create value for both the business and its clients.
What are the duties and responsibilities of a sales and marketing executive?
to match the customer needs.. And give him the value for the money
How does one use the spin selling form of advertising?
Spin selling is a consultative form of selling that is mainly used by business who deal with high value sales or services. It is a questioning model that aims to uncover and develop customer needs in order to gain business.
What is intangible value in customer service?
It isrelating tothe customer that you sincerely care abouthelping them and instil a reason for repeat business. It isrelating tothe customer that you sincerely care abouthelping them and instil a reason for repeat business.
What is the connection between underlying values and integrity in business?
The whole focus of business in today context is on value maximization and the better a business adds value to ones business, the better would be its growth prospects. The Value chain analysis of any business yields to the integrity part of business as customer trust those businesses that add value to their demands and necessities.
When do we apply salasmanship?
Salesmanship is applied in various contexts where goods or services are being offered to potential customers. It involves understanding customer needs, effectively communicating the value of a product, and persuading them to make a purchase. This skill is crucial in retail environments, business-to-business transactions, and even in personal sales situations. Ultimately, salesmanship is about building relationships and trust to facilitate successful sales outcomes.
How customer service affects the success of the organisation?
"There is only one valid definition of business purpose: to create a customer. It is the customer who determines what a business is. What the business think it produces is not of first importance - especially not to the future of the business and to its success. What the customer thinks he is buying and considers 'value' is decisive - it determines what a business is, what it produces and whether it will prosper." - as summarized by Peter Drucker, 1989,(3)."There is only one valid definition of business purpose: to create a customer. It is the customer who determines what a business is. What the business think it produces is not of first importance - especially not to the future of the business and to its success. What the customer thinks he is buying and considers 'value' is decisive - it determines what a business is, what it produces and whether it will prosper." - as summarized by Peter Drucker, 1989,(3).A total customer satisfaction program benefits you in several ways:increase repeat purchase;increase the dollar value of purchase;ease your cashflow;creates positive word-of-mouth promotion for your company;differentiate you from your competition;minimize price sensitivity;improve employee morale;retains your customers;increase your productivity;foster better employee/supplier relatioship(answered by saranrajh)
Difference between sales discount and sales allowance?
Sales Discount is given if the customer/client pays within a specified time. Example: if you pay your bill in the first 15 days you will receive a 1% discount, the full amount must be paid within 30 days. Terms: 1/15 n/30 Sales Allowanceis given if there is something wrong with the merchandise, or to show customer that you value their business. They both effect the net sales. Sales Discount is a contra Revenue account Subtracted from Sales Returns /Allowance to arrive at Net Sales. for more info feel free to contact me: Marcia Reidaxumaccounting@rogers.com 416-904-1714
How to measure the effectiveness of the sales force?
The effectiveness of a sales force can be measured through metrics such as sales revenue, conversion rates, customer acquisition costs, customer retention rates, and the average value of sales. Tracking these metrics provides insight into the sales team's performance and helps identify areas for improvement. Conducting regular performance evaluations and gathering feedback from customers can also help gauge the effectiveness of the sales force.
