Asked by Nicholas Boren on Apr 29, 2024
Verified
Which of the following statements about referrals is true?
A) Salespeople should work on obtaining referrals when they are not engaged in selling activities.
B) It would be inappropriate to try to enact the referral cycle during the sales presentation.
C) Salespeople must sell the product, plus sell the prospect on providing referrals.
D) All salespeople ask for customer referrals.
E) The referral cycle consists of three steps.
Referral Cycle
The ongoing process of obtaining new customers by referrals from existing ones, creating a continual cycle of expanding business through word-of-mouth.
- Understand the significance of referrals in sales processes and the methods for their generation.
Verified Answer
JA
Johana AguirreMay 02, 2024
Final Answer :
C
Explanation :
Salespeople not only need to sell their product or service, but they also need to sell their prospects on the importance of providing referrals. The referral cycle typically consists of four steps: planting the referral seed, asking for a referral, following up on the referral, and thanking the referral source. It is appropriate to try to obtain referrals during the sales presentation if the customer expresses satisfaction with the product or service. However, it is important to ensure that the customer feels comfortable providing referrals and is not pressured to do so. Not all salespeople ask for customer referrals, but it is generally considered a best practice in sales.
Learning Objectives
- Understand the significance of referrals in sales processes and the methods for their generation.
Related questions
An Insurance Salesperson Would Most Likely Join a Sales Lead ...
Which of the Following Is NOT an Appropriate Time to ...
Ashana Vogel, a Book Salesperson, Approaches a Prospect with the ...
Donald Williams Sells Home Gutter Systems Guaranteed to Last for ...
Lydia Sells an Exclusive Range of Cosmetic Products ...