Examlex
The method is based on minimum distance or the nearest neighbor rule.
Complex Purchase
Purchasing decisions that involve extensive research and consideration due to factors like high cost, long-term commitments, or personal importance.
Sales Promotion
A set of nonpersonal communication tools designed to stimulate quicker and more frequent purchases of a product.
Personal Selling
The two-way flow of communication between a salesperson and a customer that is paid for by the firm and seeks to influence the customer’s purchase decision.
Summary Close
A sales technique where the main points of the presentation are summarized to reinforce the value of the offer and encourage a decision.
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