Examlex
Reliable Tool Company manufactures hubs and axles for the trailer and heavy truck industry. Though the customer base is small, monthly sales at Reliable are approximately $1 million. "You might say we have all of our eggs in one basket," says owner Arthur Deetz. Reliable Tool has captured "a small piece of the pie" but is the sole supplier of hub and axle components to its customers; therefore, it is critical that a competent sales force be maintained in order to nurture those few but large accounts. Ninety-five percent of Reliable's customers are located in Michigan, Ohio, and Indiana. Travel time to all customers is short but, given the nature of the industry, time spent with each customer is essential.
-Will an inside or outside sales force benefit Reliable Tool more?
Age
A measure of time that a person or object has existed from its beginning to a specific point.
Generation X
Generation X describes the demographic cohort following the baby boomers and preceding the millennials, typically defined as being born from the early-to-mid 1960s to the early 1980s.
Digital Natives
Individuals who have grown up with access to digital technology from an early age, making them proficient with digital devices and the internet.
Consumer's Point
The perspective or viewpoint of consumers regarding a product, service, or brand, influenced by their needs, preferences, and experiences.
Q6: Explain how sales promotion campaigns are developed
Q22: Which of the following is the most
Q68: Explain how different types of messages may
Q80: _ are the largest group of wholesalers
Q94: Which sales force structure would a company
Q102: What is the most likely disadvantage of
Q118: Setting prices below cost, threatening to cut
Q121: Direct and digital marketing have become the
Q132: Event marketing includes displays and demonstrations that
Q146: An email from Amazon.ca offers free shipping