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Discuss your experiences (good or bad) with sales people, why the experience was the way it was, and how you could improve the situation if you were in the sales person's role. Brad Haynes' Sales Theory (Keep or Toss) - Great sales people are not slick or pushy. They ask great open-ended questions to people, help potential customers discover their needs, understand how using a product/service can help them address the need, then present their solution to the problem. Closing a sale is the next logical step in a buying cycle if the questions have been good. Therefore, no pushing is required. We can all agree that when you help someone meet a need, you feel like you've done a good thing and get satisfaction in that moment. By nature, people want to help people who are struggling with an issue. Salespeople uncover issue(s) in a business setting using questions and actually listening to the answers to understand the root of the problem. Sometimes there's no way to help the prospect, and the good salesperson will tell them so. (It's called being honest.) If there are issues that they CAN assist with, good salespeople will then be able to explain options they offer that will help eliminate the issue/pain point for the customer. By explaining the benefits in ways that the customer can visualize the solution making their lives easier, the sale will progress. The more vividly and clearly the sales person can communicate the benefits to the customer, the smoother the sale will progress.
If the annuitant dies after annuity benefit payments have started under a “pure life annuity” settlement option
What does it mean if a company has a Capital Spending - 5 yr growth rate ratio of 24.22 while the industry and sector ratios are 12.72 and 9.18? How are they performing against the industry and sector? Why are they performing as such?
An investor wants to save for five years for a down payment on a house. She deposits $200 per month into a savings account paying 7% compounded monthly. At the end of the five years, she places the balance of the savings account as a down payment on ..
A company is considering a 5-year project that opens a new product line and requires an initial outlay of $78,000. The assumed selling price is $91 per unit, and the variable cost is $58 per unit. Fixed costs not including depreciation are $17,000 pe..
Given the following information about Weber's Online Grocery assuming it wells entirely on credit, what is the total asset turnover?
At the end of its third year of? operations, the Sandifer Manufacturing Co. had $ 4 comma 596 comma 000 $4,596,000 in? revenues, $ 3 comma 390 comma 000 $3,390,000 in cost of goods? sold, $ 445 comma 000 $445,000 in operating expenses which included ..
Assume that managers of Fort Winston Hospital are setting the price on a new outpatient service. Here are the relevant data estimates: Variable cost per visit $5.00 Annual direct fixed costs $500,000 Annual overhead allocation $50,000 Expected annual..
Suppose that one year has elapsed, you have received the first payment of $600, and the market interset rate is still 5 percent. How much would another investor be willing to pay for your security?
You just finished a capital investment analysis on a $100 million project that has a 5-year life. The resulting NPV is $3 million using a 12% required return and a 35% marginal tax rate. You assumed a $10 million salvage value, $5 million above its a..
Find a 95% confidence interval for the mean age of all first semester college dropouts. Interpret your results in part (a) inwords.
A company wants to update their assets by buying some new machinery and selling some old equipment. The new machinery will cost $100,000 and will be depreciated using 3-year MACRS (33%, 45%, 15%, 7%). At the end of the third year, the machinery is ex..
i) Define in one sentence, how would you recognise a Strategic Knowledge Management (SKM) story within the press or media? ii) What 5 features or dimensions must be considered to identify an SKM story?
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