Library/Business/Marketing Management/Managing Personal Communications: Direct and Database Marketing and Personal Selling

Managing Personal Communications: Direct and Database Marketing and Personal Selling

50 questions available

Summary unavailable.

Questions

Question 1

Which of the following best defines direct marketing?

View answer and explanation
Question 2

During 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 explanation
Question 3

What is a key difference between a customer mailing list and a customer database?

View answer and explanation
Question 4

What was the total value of sales produced through traditional direct marketing channels in the U.S. in 2012?

View answer and explanation
Question 5

In direct mail, what does the RFM formula used to select customers stand for?

View answer and explanation
Question 6

According to the text, what is the average order-response rate for letter-sized direct mail sent to an internal company list?

View answer and explanation
Question 7

What are the five elements of the offer strategy in a direct-mail campaign?

View answer and explanation
Question 8

What 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 explanation
Question 9

Which of the following is NOT listed as a public and ethical issue in direct marketing?

View answer and explanation
Question 10

Which of the five ways companies use their databases involves sending out birthday cards, holiday shopping reminders, or off-season promotions?

View answer and explanation
Question 11

According to a Deloitte Consulting study, what percentage of firms experienced little or no improvement from implementing customer relationship management (CRM)?

View answer and explanation
Question 12

Which of the following situations is NOT conducive to database marketing?

View answer and explanation
Question 13

A 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 explanation
Question 14

A 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 explanation
Question 15

What type of sales representative relies on creative methods for selling tangible products like vacuum cleaners or intangibles like insurance?

View answer and explanation
Question 16

Which 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 explanation
Question 17

According to one survey mentioned in the chapter, what is the average annual turnover rate for sales reps across all industries?

View answer and explanation
Question 18

What did Oracle do to its commission structure to tone down its sales force's reputation as overly aggressive?

View answer and explanation
Question 19

In 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 explanation
Question 20

What does the FABV approach to a sales presentation stand for?

View answer and explanation
Question 21

What are the six major steps in the effective sales process, as shown in Figure 22.4?

View answer and explanation
Question 22

Resistance to interference, preference for established supply sources, and apathy are examples of what kind of customer objection?

View answer and explanation
Question 23

What is the primary goal of the first step in the personal selling process, Prospecting and Qualifying?

View answer and explanation
Question 24

What was the estimated combined annual revenue for the 20,000 companies in the U.S. Internet and catalog retailing industry?

View answer and explanation
Question 25

What are the five main problems that can prevent a firm from effectively using database marketing?

View answer and explanation
Question 26

According 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 explanation
Question 27

Which part of a sales force compensation package satisfies the need for income stability?

View answer and explanation
Question 28

What is the median training period for new sales reps in service companies?

View answer and explanation
Question 29

According 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 explanation
Question 30

In the context of the six steps of effective selling, what is the Preapproach step focused on?

View answer and explanation
Question 31

What is the primary objective of a 'missionary' salesperson, such as a medical 'detailer' representing a pharmaceutical company?

View answer and explanation
Question 32

Which of the following tasks involves a salesperson deciding how to allocate their time among prospects and customers?

View answer and explanation
Question 33

What is a contractual sales force?

View answer and explanation
Question 34

According 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 explanation
Question 35

What is multilevel selling?

View answer and explanation
Question 36

What percentage of their time did Spector Freight want its sales representatives to spend prospecting for new accounts?

View answer and explanation
Question 37

Face-to-face selling accounts for as little as what percentage of a sales rep's total working time?

View answer and explanation
Question 38

In 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 explanation
Question 39

What does the BANT acronym, used by IBM to qualify leads, stand for?

View answer and explanation
Question 40

Which of the six steps in the selling process involves ensuring customer satisfaction and repeat business after the sale is complete?

View answer and explanation
Question 41

In 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 explanation
Question 42

What is the primary purpose of measuring a direct marketing campaign's success by customer lifetime value?

View answer and explanation
Question 43

What 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 explanation
Question 44

Infomercials, 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 explanation
Question 45

When building a customer database, what is the term for information about a consumer's preferred media?

View answer and explanation
Question 46

What is the key insight British research firm dunnhumby provided to supermarket giant Tesco regarding a poor-selling type of bread?

View answer and explanation
Question 47

Which of the following describes a key finding about loyal customers from the section 'The Downside of Database Marketing'?

View answer and explanation
Question 48

What 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 explanation
Question 49

According 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 explanation
Question 50

Which principle of personal selling involves turning an objection into a reason for buying?

View answer and explanation