what is sales life cycle???
Answers were Sorted based on User's Feedback
Answer / viki
spanco - suspect , prospect, appointment, negotiate, close
the deal, open the deal.
| Is This Answer Correct ? | 12 Yes | 3 No |
Answer / vishwadeep
Slaes life cycle is
1) find out the right customers of your product
2)Examie / qualfy the prospect(wheather he is able to buy
our product or not )
3)Convince him to but our product
4) close
| Is This Answer Correct ? | 17 Yes | 11 No |
Answer / thejo krishna
Sales life cycle is an activity where an
Individual/Company/Firm or any Organization which has a
Service are a Good available, to offer to the market
employee an Individual are set of Processes(Methods) to
1) To find the right clients for the Product/Service.
2) To make contact with the prospect.
3) Make the Prospect into a client buy making him believe
that the Product/Service suits his/Organizations best interest.
4) Rise the Financial Requirements needed to acquire the
Proposed Product/Services and, Justify that the Product is
worth it.
5) Close the deal.
This is a simple Sales Life cycle generally followed.
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / jagadeesh sajjan
Database Collection-Lead generation-Qualifying
Leads-Presentation-Commercial Proposal-Negotiation-Sign
off/deal closer
| Is This Answer Correct ? | 8 Yes | 3 No |
Answer / kanika
Sales are the front end of a company or firm. The company
takes good number of initiatives to meet the customers'
expectations. Sales and Marketing are the parallel themes
for a company to run. But Sales is said to be toughest job.
It involves lot of things to go through for a sales man.
Hence they need to take care of few steps to reach their
target or to convince the customer. XEROX is the company
which has given a term for the sales people to handle sales
in a professional and perfect manner. They have defined it
as SPANCO.
SPANCO - Suspect, Prospect, Approach, Negotiations, Closure
and Order.
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / ramakrishna
Make the list of the tergeted customers
Demo /presentation
Qualifying the prospective customer
Right Fallow up the customers accordingly
Negotiation review/finalyzing the price
closing the order adding the customer in to existing
customers list
| Is This Answer Correct ? | 4 Yes | 3 No |
Answer / mahendra makwana
sales life cycle is ..
1. targeting prospect customer
2. identified if they able to purchase or not
3. convince and persuade them
4. awareness them
5. Making good relationship with them
6. sales them
7. making loyal customer
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sinmaya
Many categories experience substantial interyear variation
in demand. Busines like automobile, steel are tied with
general business condition & therefore suffer through peaks
& valleys of sales as GDP varies is known as SLC.
| Is This Answer Correct ? | 5 Yes | 18 No |
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