Marketing.
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The selling function refers to the process of promoting and facilitating the exchange of goods or services between a seller and a buyer. It involves understanding customer needs, presenting products effectively, addressing objections, and closing the sale. This function is essential for generating revenue and building customer relationships, ultimately contributing to the success of a business. Effective selling requires strong communication skills, product knowledge, and the ability to build rapport with customers.
A public announcement promoting a product or service is commonly referred to as an advertisement or ad. Advertisements can take various forms, including print ads, television commercials, online banners, and social media promotions. Their primary purpose is to inform potential customers about the product or service and persuade them to make a purchase.
A salesperson is someone who sells a product. This can include a retail associate in a store, a sales representative for a company, or an online marketer promoting goods through e-commerce platforms. Their role often involves understanding customer needs, presenting product features, and closing sales to meet targets.
what is the process of promoting and presenting a product to customers.
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The three basic sales tasks are prospecting, presenting, and closing. Prospecting involves identifying and qualifying potential customers. Presenting is the process of demonstrating the product or service's value and addressing customer needs. Closing refers to finalizing the sale and securing commitment from the customer.
When promoting a product, there's always a risk of "over-promoting" it. If you approach customers in a "too-offensive" way, they will feel uncomfortable... Another risk when promoting a product is that it might turn out that you promote it to the wrong audience and target-group. For example, if you promote a Soft-drink to teenagers but mostly adults buys it, you might have to consider changing strategy.
The promotion is vital in many organisation as it places the company and its product in view of old, existing and potential customers.
A public announcement promoting a product or service is commonly referred to as an advertisement or ad. Advertisements can take various forms, including print ads, television commercials, online banners, and social media promotions. Their primary purpose is to inform potential customers about the product or service and persuade them to make a purchase.
A salesperson is someone who sells a product. This can include a retail associate in a store, a sales representative for a company, or an online marketer promoting goods through e-commerce platforms. Their role often involves understanding customer needs, presenting product features, and closing sales to meet targets.
A yellow paper is a document similar to a white paper but focuses more on promoting a solution or product rather than presenting a specific issue or problem. It is often used in the business world to highlight the benefits of a particular product or service.
Referral marketing is a way of attracting customers while promoting the advertised product or business. It uses word of mouth to refer people and attract their attention.
A demand for a product is when a customer expresses a desire or willingness to purchase a product. It is the amount of a product that customers are willing to buy at a specific price. Generally the demand for a product is determined by the price of the product the customers income the availability of a substitute and the customers preferences. When the price rises demand falls and when the price decreases demand increases.Factors that affect the demand for a product include: Price of the product Customers income Availability of a substitute Customers preferencesIf the price of the product rises then the demand for the product falls and vice versa. This is due to the fact that customers are willing to pay a certain price for a product and when the price increases customers will be less likely to purchase the product.
A sales representative job is to acquire sales by interacting with customers, while promoting the item or service that a company offers. Sales representatives put a good face on a brand, and can help customers decide what product or service is best for them.