

Effectiveness of selling techniques
Presentation
•
Social Studies
•
9th Grade
•
Practice Problem
•
Easy
Aleisha Ford
Used 3+ times
FREE Resource
5 Slides • 6 Questions
1
Effectiveness of selling techniques

2
Effectiveness of selling techniques
As we know, businesses use a range of strategies and techniques to sell their good or service
We call this a promotional mix
If a businesses products, customer service and selling techniques are all functioning well, sales will increase.
3
Multiple Choice
Which businesses did we NOT study when looking at promotional mix
Starbucks
Nike
Ikea
Coca-cola
4
Open Ended
Why would a business need to review and evaluate their selling techniques?
5
Why & how do they do it?
Any downturn in sales can be very costly to a firm's profit. Any increase in sales should also be quickly analysed so that the reasons for it occurring are understood (and so the business can take advantage of it).
6
Multiple Select
What are some ways to evaluate the effectiveness of selling techniques?
Look at previous sales
Comparing forecasted (predicted) sales against actual sales
Compare products and sales of competitors to learn from
Ask friends and family what they think of your business
Look at engagement ratings with advertising platforms
7
Surveying as a form of evaluation
A survey is a set of questions given to an individual that require a range of responses.
They can be based on a rating system, multiple choice responses or written responses for a more personal response.
8
Poll
Why do you think businesses survey consumers?
To annoy consumers
To gain a better understanding of their market
To evaluate how well they're performing as a brand
9
Open Ended
What data can a business collect to evaluate how effective their selling techniques are?
10
Data
Businesses can collect data on sales for the total time period they are monitoring
They can collect data on the total number of website visits
Sale figures can be used to track how well a business is doing, though they don't necessarily represent customer satisfaction.
Businesses can also collect data about the level of customer service they provide
11
Open Ended
A business has a sales forecast (prediction) of $90 000 but achieves actual sales of
only $25 000. What does this signify? What should the business do next?
Effectiveness of selling techniques

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