Managing Personal Communications: Direct and Database Marketing and Personal Selling
50 questions available
Questions
Which of the following best defines direct marketing?
View answer and explanationDuring the 2012 reelection campaign, the Obama team tested how many different versions of e-mails daily to optimize their direct marketing efforts?
View answer and explanationWhat is a key difference between a customer mailing list and a customer database?
View answer and explanationWhat was the total value of sales produced through traditional direct marketing channels in the U.S. in 2012?
View answer and explanationIn direct mail, what does the RFM formula used to select customers stand for?
View answer and explanationAccording to the text, what is the average order-response rate for letter-sized direct mail sent to an internal company list?
View answer and explanationWhat are the five elements of the offer strategy in a direct-mail campaign?
View answer and explanationWhat is the primary reason that consumer telemarketing has lost much of its effectiveness, as noted in Chapter 4 and referenced in this chapter?
View answer and explanationWhich of the following is NOT listed as a public and ethical issue in direct marketing?
View answer and explanationWhich of the five ways companies use their databases involves sending out birthday cards, holiday shopping reminders, or off-season promotions?
View answer and explanationAccording to a Deloitte Consulting study, what percentage of firms experienced little or no improvement from implementing customer relationship management (CRM)?
View answer and explanationWhich of the following situations is NOT conducive to database marketing?
View answer and explanationA salesperson whose major task is the delivery of a product like water, fuel, or oil is known as what type of sales representative?
View answer and explanationA company has 1,000 'A' accounts that require 36 calls per year and 2,000 'B' accounts that require 12 calls per year. If the average sales rep can make 1,000 calls a year, how many sales reps does the company need?
View answer and explanationWhat type of sales representative relies on creative methods for selling tangible products like vacuum cleaners or intangibles like insurance?
View answer and explanationWhich combination of sales force compensation plans provides a secure income, encourages non-selling activities, and delivers administrative simplicity, but may reduce the incentive to overstock customers?
View answer and explanationAccording to one survey mentioned in the chapter, what is the average annual turnover rate for sales reps across all industries?
View answer and explanationWhat did Oracle do to its commission structure to tone down its sales force's reputation as overly aggressive?
View answer and explanationIn the SPIN method of selling, which type of question explores the buyer's present situation and facts, such as 'What system are you using to invoice your customers?'
View answer and explanationWhat does the FABV approach to a sales presentation stand for?
View answer and explanationWhat are the six major steps in the effective sales process, as shown in Figure 22.4?
View answer and explanationResistance to interference, preference for established supply sources, and apathy are examples of what kind of customer objection?
View answer and explanationWhat is the primary goal of the first step in the personal selling process, Prospecting and Qualifying?
View answer and explanationWhat was the estimated combined annual revenue for the 20,000 companies in the U.S. Internet and catalog retailing industry?
View answer and explanationWhat are the five main problems that can prevent a firm from effectively using database marketing?
View answer and explanationAccording to the text, a salesperson with a high level of technical knowledge, such as an engineering salesperson who consults with client companies, is known as a:
View answer and explanationWhich part of a sales force compensation package satisfies the need for income stability?
View answer and explanationWhat is the median training period for new sales reps in service companies?
View answer and explanationAccording to the text, what is the estimated cost of each contact made by an inside salesperson compared to a field staff person?
View answer and explanationIn the context of the six steps of effective selling, what is the Preapproach step focused on?
View answer and explanationWhat is the primary objective of a 'missionary' salesperson, such as a medical 'detailer' representing a pharmaceutical company?
View answer and explanationWhich of the following tasks involves a salesperson deciding how to allocate their time among prospects and customers?
View answer and explanationWhat is a contractual sales force?
View answer and explanationAccording to the text, a survey revealed that what percentage of sales reps receive 40 percent or more of their compensation in variable pay?
View answer and explanationWhat is multilevel selling?
View answer and explanationWhat percentage of their time did Spector Freight want its sales representatives to spend prospecting for new accounts?
View answer and explanationFace-to-face selling accounts for as little as what percentage of a sales rep's total working time?
View answer and explanationIn the SPIN selling method, what type of question is exemplified by, 'How much would you save if our company could help you reduce errors by 80 percent?'
View answer and explanationWhat does the BANT acronym, used by IBM to qualify leads, stand for?
View answer and explanationWhich of the six steps in the selling process involves ensuring customer satisfaction and repeat business after the sale is complete?
View answer and explanationIn the New Zealand 'Feel Tip Top' campaign for Tip Top Ice Cream, what was the initial result within 24 hours of launching the Facebook app?
View answer and explanationWhat is the primary purpose of measuring a direct marketing campaign's success by customer lifetime value?
View answer and explanationWhat did The Teaching Company discover when it changed the color and location of its 'Add to Cart' button on its Web site?
View answer and explanationInfomercials, 30- and 60-minute programs that combine selling with information and entertainment, have been successfully used to promote all of the following products EXCEPT:
View answer and explanationWhen building a customer database, what is the term for information about a consumer's preferred media?
View answer and explanationWhat is the key insight British research firm dunnhumby provided to supermarket giant Tesco regarding a poor-selling type of bread?
View answer and explanationWhich of the following describes a key finding about loyal customers from the section 'The Downside of Database Marketing'?
View answer and explanationWhat are the two key elements that are often in conflict within marketing organizations, as depicted in the 'Hypothetical (Dysfunctional) Sales Marketing Exchange' figure?
View answer and explanationAccording to the text, a one-time analysis of sales representative John Smith's performance in Table 22.1 shows his gross profits on total sales decreased by how much between 2013 and 2014?
View answer and explanationWhich principle of personal selling involves turning an objection into a reason for buying?
View answer and explanation