Asked by Trenton Henderson on May 12, 2024
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Salespeople should familiarize themselves with the company's price, discount, and credit policies so that they can use them as a competitive advantage.
Competitive Advantage
The unique attributes or conditions that allow an organization to outperform its competitors.
Credit Policies
The guidelines and terms that a company establishes to manage the offering of credit to its customers, including repayment terms and credit limits.
Discount
A reduction on the normal selling price of a product or service, often used as a sales incentive to increase demand or reward customer loyalty.
- Absorb the essentials of pricing tactics, discount systems, and credit practices to enhance competitive positioning.
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Learning Objectives
- Absorb the essentials of pricing tactics, discount systems, and credit practices to enhance competitive positioning.
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