KNOWLEDGE OF CUSTOMERS The success of a salesman lies in creating permanent customer for the product
The salesman must have a fair idea of existing and
prospective buyers, their needs and preferences. THREE CATEGORIES OF CONSUMER 1. INDUSTRIAL CONSUMER 2. INSTITUTIONAL CONSUMER 3. INDIVIDUAL CONSUMERS Five Sales Oriented Type of Customer's in the Process of Selling 1. Potential Customer 2. New Customer 3. Impulsive Customer 4. Discount Customer 5. Loyal Custumer How do knowledge of customers benefit the salesman and the firm? 1. It provides the salesman knowledge of different market segments 2. It is helpful in targetting and identifying new prospects 3. It indicates customers' potential to purchase 4. It helps the firm for customization of products/ services according to customers' choices 5. It helps in maximizing opportunities for cross-selling or up-selling THANK YOU !