Glossary Chapter 17: Personal Selling, Sales Promotion, Direct Mail, the Internet and Direct Marketing
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- Approach
- The manner in which a salesperson contacts a potential customer. p. 525
- Buy back allowance
- A certain sum of money given to a purchaser for each unit bought after an initial deal is over. p. 543
- Buying allowance
- A temporary price reduction given to resellers who purchase specified quantities of a product. p. 543
- Closing
- The step in the selling process in which the salesperson asks the prospect to buy the product or products. p. 526
- Combination compensation/remuneration plan
- A plan according to which salespeople are paid a fixed salary plus a commission based on sales volume. p. 532
- Consumer contests
- Contests designed to generate traffic at the retail level in which consumers compete for prizes based on their analytical or creative skill. p. 543
- Consumer sales promotion techniques
- Techniques that encourage or stimulate consumers to patronise a specific retail store or to try a particular product. p. 538
- Consumer sweepstakes
- A method of stimulating sales in which consumers submit their names for inclusion in a draw for prizes. p. 543
- Co-operative advertising
- An arrangement whereby a manufacturer agrees to pay a certain amount of a retailer's or dealer's media costs for advertising the manufacturer's products. p. 544
- Copy writing
- The creation and wording of the promotional message. p. 547
- Count and re-count
- A promotion method based on the payment of a specific amount of money for each product unit moved from a reseller's warehouse in a given time period. p. 544
- Coupons
- A promotion method that reduces the purchase price of an item in order to stimulate consumers to try a new or established product, to increase sales volume quickly, to attract repeat purchasers or to introduce new package sizes or features. p. 538
- Dealer listing
- An advertisement that promotes a product and identifies the names of participating retailers or dealers who sell it. p. 544
- Dealer loader
- A gift to a retailer or dealer who purchases a specified quantity of merchandise. p. 545
- Demonstrations
- Occasions at which manufacturers show how a product actually works in order to encourage trial use and purchase of the product. p. 540
- Direct mail
- Printed advertising material delivered to a prospective customer's or donor's home or work address. p. 545
- Direct mail package
- A mix of mailing envelope, covering or explanatory letter, circular, response device and return device. p. 547
- Direct marketing
- A decision by a company's marketers to select a marketing channel which avoids dependence on marketing channel intermediaries and to focus marketing communications activity on promotional mix ingredients which deal directly with targeted customers. p. 551
- E-commerce
- The use of the Internet for commercial transactions. p. 549
- Flashes
- Headers printed on a direct mail package to gain the recipients' attention. p. 545
- Free merchandise
- Give-aways sometimes offered to resellers who purchase a stated quantity of the same or different products. p. 544
- Free samples
- Give-aways used to stimulate trial of a product, to increase sales volume in the early stages of a product's life cycle or to obtain desirable distribution. p. 542
- Frequent user incentives
- Incentive programmes that reward customers who engage in repeat purchases . p. 540
- Internet
- A network of computer networks stretching across the world, linking computers of different types. p. 549
- Intranet
- Internal, in-company Internet networks for routine communications, fostering group communications, providing uniform computer applications, distributing the latest software, or informing colleagues of marketing developments and new product launches. p. 551
- Junk mail
- Unwanted mail often binned unread by uninterested recipients. p. 545
- Loyalty card
- A mechanism whereby regular customers who remain loyal to a particular company are rewarded with discounts or free merchandise. p. 540
- Mailing lists
- Directories of suitable, relevant recipients or targets. p. 547
- Merchandise allowance
- A manufacturer's agreement to pay resellers certain amounts of money for providing special promotional efforts, such as advertising or displays. p. 544
- Missionary salespeople
- Support salespeople, usually employed by manufacturers to assist their customers' selling efforts. p. 527
- Money refunds
- A specific amount of money mailed to customers who submit proof of purchase. p. 542
- Order getters
- Employees who increase a company's sales by selling to new customers and by increasing sales to existing customers. p. 526
- Order takers
- Employees who ensure that repeat customers have sufficient quantities of products when and where they are needed in order to maintain and perpetuate ongoing relationships. p. 527
- Personal selling
- The process of using personal communication in an exchange situation to inform customers and persuade them to purchase products. p. 523
- Point-of-sale (P-O-S) materials
- Enhancements designed to increase sales and introduce products, such as outside signs, window displays, counter pieces, display racks and self-service cartons. p. 540
- Premium or push money
- Additional compensation/remuneration provided to salespeople in order to push a line of goods. p. 544
- Premiums
- Items offered free or at minimum cost as a bonus for purchasing a product. p. 542
- Price-off offers
- A method of encouraging customers to buy a product by offering a certain amount off the regular price shown on the label or package. p. 543
- Prospecting
- Developing a list of potential customers. p. 524
- Ratchet effect
- The stepped impact of using sales promotion and advertising together. p. 536
- Recruiting
- A process by which the sales manager develops a list of applicants for sales positions . p. 529
- Sales contest
- A way to motivate distributors, retailers and sales personnel by recognising and rewarding outstanding achievements. p. 544
- Sales promotion
- An activity or material that acts as a direct inducement and offers added value to or incentive to buy the product. p. 536
- Straight commission compensation/remuneration plan
- A plan according to which salespeople are paid solely on the basis of their sales for a given time period. p. 532
- Straight salary compensation/remuneration plan
- A plan according to which salespeople are paid a specified amount per time period. p. 532
- Support personnel
- Employees who facilitate the selling function but do more than solely participate in selling. p. 527
- Technical salespeople
- Employees who give technical assistance to current customers. p. 527
- Trade sales promotion methods
- Techniques that encourage wholesalers, retailers or dealers to carry and market a producer's products. p. 538
- Trade salespeople
- Employees who take orders as well as help trade customers promote, display and stock their products. p. 527
- Trading stamps
- Stamps, dispensed in proportion to the amount of a consumer's purchase, that can be accumulated and redeemed for goods. p. 540
- Web site
- A coherent document readable by a web browser, containing simple text or complex hypermedia presentations. p. 549
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