Advertising –Analyzing the Sales Process
Jul 28, 2015
Advertising –Analyzing the Sales Process
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“Copyright and Terms of Service
Copyright © Texas Education Agency. The materials found on this website are copyrighted © and trademarked ™ as the property of the Texas Education Agency and may not be reproduced without the express written permission of the Texas Education Agency, except under the following conditions:
1) Texas public school districts, charter schools, and Education Service Centers may reproduce and use copies of the Materials and Related Materials for the districts’ and schools’ educational use without obtaining permission from the Texas Education Agency;
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Call TEA Copyrights with any questions you have.
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WHAT IS ADVERTISNG?Advertising is a paid
announcement.Three Criteria:Message must be paid for.Message must be delivered to the
audience by mass media.The message must try to persuade
the audience of some action or belief.
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VOCABULARY TERMSADVERTISINGCONSUMERCONSUMER BEHAVIORMASLOW’S HIERARCHY OF NEEDSCULTURERITUALSOCIAL CLASSPERSONAL SELLINGFEATURE-BENEFIT SELLINGCONSULTATIVE SELLINGTELEMARKETING
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CONSUMERS AND THEIR NEEDS
A CONSUMER IS SOMEONE WHO USES PRODUCTS.
CONSUMERS CHOOSE TO BUY ITEMS THAT ARE NEEDS OR WANTS.
CONSUMER BEHAVIOR IS EVERYTHING THAT AFFECTS OR IS AFFECTED BY HUMAN CONSUMPTION.
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Maslow’s Hierarchy of Needs
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WANTSEconomic
◦Material goods and service◦Basis of an economy◦Clothing, housing, cars◦Hair styling, medical care, airline tickets
Non-economic◦Sunshine◦Fresh air◦Exercise◦Friendship◦Happiness
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Needs and WantsNeeds and wants are unlimited.Needs and wants are only limited by the minds of consumers.
Many purchases are related to additional purchases.
Businesses respond to needs and wants when they can make a profit.
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Where Do I Live? What Do I think?
Ask yourself…
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Selling TechniquesPersonal Selling-any form of direct contact
between a sales person and a customer.
Feature-Benefit Selling-Sales that match the characteristics of a products to a customer’s needs and wants.
Consultative Selling-Providing solutions to customer’s problems by finding products that meet their needs.
Telemarketing-Selling products over the telephone
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Product Features- May be basic, physical or extended
attributes of the product. The most basic feature of a product
is its intended use.Consumers look for qualities of a
product that differentiate competing brands.
Additional features ad more value to a products and provide reason for price differences.
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Product Benefits
Benefits for the customer
Advantages or personal satisfaction one gets from the product use
Product benefits become selling points for the salesperson.