1.
When calling on an advertiser his/her guard will be low.
Correct Answer
B. False
Explanation
The statement suggests that when calling on an advertiser, their guard will be low. However, this is not necessarily true. The level of guard or defensiveness of an advertiser can vary depending on various factors such as their previous experiences, the nature of the call, and their general disposition. It is important to approach each advertiser call with professionalism and respect, regardless of their perceived level of guard.
2.
When calling on an advertiser, most likely they are looking forward to your call.
Correct Answer
B. False
Explanation
When calling on an advertiser, it is not necessarily true that they are looking forward to your call. Advertisers may have different priorities or may not be interested in the particular offer or product being presented. Therefore, it cannot be assumed that they are eagerly anticipating the call.
3.
Most advertisers are very busy and most likely don't have much time to spend with you.
Correct Answer
A. True
Explanation
Advertisers are typically busy individuals who have numerous responsibilities and tasks to handle. Their primary focus is on managing and implementing advertising campaigns, analyzing data, and strategizing for their clients. Due to their hectic schedules, it is unlikely that they have a lot of time to spare for individual interactions or meetings. Therefore, it is reasonable to assume that most advertisers do not have much time to spend with you.
4.
With the right call opening question, most advertisers will perceive the value greater than the price of what you're offering.
Correct Answer
B. False
Explanation
The statement suggests that with the right call opening question, most advertisers will perceive the value of the offering to be greater than the price. However, this is not necessarily true. Advertisers' perception of value and price can vary greatly depending on various factors such as their individual preferences, budget constraints, and market conditions. Therefore, it cannot be assumed that most advertisers will always perceive the value to be greater than the price based solely on the call opening question.
5.
Choose which one most accurately describes the sales call "Perfect Storm"
Correct Answer
A. The sales manager is impatient with the rep and pressures them for a close. The sales rep is impatient and under pressure pushes the advertiser towards a certain product. The advertiser impatiently pushes back.
Explanation
The correct answer describes a sales call where there is impatience and pressure from both the sales manager and the sales rep. The sales manager is impatient and pressures the rep to close the deal, while the sales rep, also feeling impatient and under pressure, pushes the advertiser towards a specific product. In response, the advertiser impatiently pushes back. This scenario highlights a tense and potentially ineffective sales call, where all parties involved are not effectively communicating or understanding each other's needs and concerns.
6.
What are the four areas we should research and answer when preparing?
Correct Answer(s)
A. What do they sell?
E. Who do they sell to?
I. What do their customers care about?
K. Why are they the best choice?
Explanation
The four areas we should research and answer when preparing are:
1) What do they sell? This helps us understand the products or services offered by the company, which is essential for market analysis and positioning.
2) Who do they sell to? Identifying the target audience helps in developing effective marketing strategies and tailoring the message to resonate with the right customers.
3) What do their customers care about? Understanding customer needs and preferences allows us to create products or services that align with their interests and provide value.
4) Why are they the best choice? Highlighting the unique selling points and competitive advantages of the company helps in differentiating it from competitors and attracting customers.
7.
The goal of the call opening is to transition to the:
Correct Answer
C. Needs analysis
Explanation
The goal of the call opening is to transition to the needs analysis. This is because the needs analysis is a crucial step in understanding the customer's requirements, pain points, and challenges. By conducting a needs analysis, the salesperson can gather valuable information that will help them tailor their pitch and offer solutions that meet the customer's specific needs. It allows for a more personalized and effective sales approach, increasing the chances of closing a deal. Transitioning to the needs analysis demonstrates the salesperson's commitment to understanding the customer and finding the right solution for them.
8.
The call opening question should disturb his/her:
Correct Answer
B. Complacency
Explanation
The call opening question should disturb his/her complacency. Complacency refers to a feeling of satisfaction or contentment with one's current situation, often leading to a lack of motivation or effort to improve. By disturbing complacency, the call opening question aims to challenge the person's comfort and push them to think critically or take action.
9.
The call opening question must be:
Correct Answer(s)
A. Laser specific
F. Significant
Explanation
The call opening question must be laser specific and significant. This means that the question should be focused on a specific topic and have a clear purpose. It should also be significant, meaning that it should be important and relevant to the customer. By asking a laser specific and significant question, the call opener can engage the customer and gather the necessary information to provide effective assistance or support.
10.
The answer to the call opening question should be a yes/no situation.
Correct Answer
A. True
Explanation
The statement is true because the call opening question is typically designed to elicit a simple yes or no response from the person receiving the call. This type of question helps to establish a baseline understanding of the caller's situation and allows the conversation to proceed accordingly. By providing a clear and concise answer, the person receiving the call can quickly determine the next steps or course of action.
11.
The call opener question should make the advertiser feel like you have more information than they do. You are, after all, a marketing expert.
Correct Answer
B. False
Explanation
The statement suggests that the call opener question should make the advertiser feel like the person asking the question has more information than they do. However, this is not necessarily true. While it can be beneficial for the person asking the question to have knowledge and expertise in marketing, it is not necessary for them to make the advertiser feel like they have more information. The important aspect is to establish a strong and confident presence during the call, rather than creating a power dynamic based on who has more information.
12.
The answer should not mean more customers or revenue.
Correct Answer
B. False
Explanation
The explanation for the correct answer, which is False, is that the statement does not imply anything about the number of customers or revenue. The answer is based on the fact that the question specifically states that the answer should not mean more customers or revenue. Therefore, the answer is False because it does not meet the criteria set by the question.
13.
The two different levels of the needs analysis are:
Correct Answer(s)
A. Current State
G. Desired State
Explanation
The correct answer is "Current State, Desired State". In a needs analysis, these two levels refer to the current situation or status quo, and the desired or future state. The current state involves evaluating the existing conditions, identifying any gaps or issues, and understanding the present needs. On the other hand, the desired state focuses on determining the goals, objectives, and aspirations for the future, and what needs to be achieved or improved. By analyzing both the current and desired states, organizations can develop strategies and plans to bridge the gap and meet the identified needs.
14.
You can not calcuate potential ROI without this question being answered.
Correct Answer
C. What is the average value of job/order/sale?
Explanation
The average value of job/order/sale is a crucial factor in calculating potential ROI. Without knowing the average value, it is impossible to determine the potential return on investment. The average value helps in understanding the revenue generated per job or sale, which is essential in evaluating the profitability and feasibility of any investment. It provides a baseline to estimate the potential returns and make informed decisions about resource allocation and business strategies.
15.
The goal of the needs analysis is to successfully uncover, identify, and establish specific_____________
Correct Answer(s)
A. Objectives
D. Business Needs
Explanation
The goal of the needs analysis is to successfully uncover, identify, and establish specific objectives and business needs. This process involves gathering information and understanding the goals and requirements of the organization or individual. By identifying objectives and business needs, a clear understanding can be established, and appropriate strategies and solutions can be developed to address them.
16.
In the need analysis, what are the three different levels of agreement needed?
Correct Answer(s)
B. Desired State (Capacity,ROI)
D. Current/Promotional State (USP)
F. Work on Ideas (Proposal)
Explanation
The three different levels of agreement needed in the need analysis are the Desired State (Capacity, ROI), Current/Promotional State (USP), and Work on Ideas (Proposal). These levels of agreement are crucial in understanding the customers' needs and expectations, evaluating the current state of the product or service, and brainstorming ideas for improvement or proposal. By aligning these three levels of agreement, businesses can effectively identify and address customer needs, optimize their product or service offerings, and ultimately achieve their desired state of capacity and return on investment.
17.
When creating a proposal, you should begin your solution by researching:
Correct Answer
D. The audience and how they shop
Explanation
When creating a proposal, it is important to research the audience and how they shop. This information will help in understanding the target market's preferences, behaviors, and buying habits. By knowing the audience and how they shop, one can tailor the proposal to meet their specific needs and preferences, increasing the chances of success. Additionally, understanding the audience's shopping habits can also help in determining the most effective marketing and sales strategies to reach and engage them.
18.
What are the three factors for any product or solution?
Correct Answer(s)
C. Cost
E. Message
G. Demand
Explanation
The three factors for any product or solution are cost, message, and demand. Cost refers to the price or financial investment required to obtain the product or solution. Message refers to the communication or marketing strategy used to promote and convey the benefits of the product or solution to the target audience. Demand refers to the level of desire or need for the product or solution among consumers. These three factors play a crucial role in determining the success and adoption of a product or solution in the market.
19.
The advertising budget should be from ___ of the potential ROI.
Correct Answer
C. 10%-30%
Explanation
The advertising budget should be from 10% to 30% of the potential ROI. This range allows for a reasonable investment in advertising while also considering the potential return on investment. Allocating too little of the budget may limit the reach and effectiveness of the advertising campaign, while allocating too much may result in overspending without proportional returns. Therefore, a range of 10% to 30% strikes a balance between investing enough to generate results and managing the budget responsibly.
20.
Giving a presentation is like:
Correct Answer
C. Building a House
Explanation
Giving a presentation is like building a house because it requires careful planning, organization, and attention to detail. Just like constructing a house, a presentation involves laying a solid foundation by researching and gathering information. Then, it requires structuring the content in a logical and coherent manner, similar to building the framework of a house. The presenter must also consider the audience's needs and interests, just as a house builder considers the future occupants. Finally, both processes involve adding finishing touches and ensuring everything is in place for a successful outcome.
21.
Before giving a presentation, which is the most important?
Correct Answer
C. Laying a foundation.
Explanation
Before giving a presentation, laying a foundation is the most important step. This refers to the preparation and groundwork that needs to be done before delivering the presentation. It involves researching the topic, organizing the content, and ensuring that the message is clear and concise. By laying a solid foundation, the presenter can effectively communicate their ideas and engage the audience. Showcasing ROI and building value are important aspects of a presentation, but they can only be achieved successfully if the foundation is well-established. Eating a mint first is irrelevant and does not contribute to the success of the presentation.
22.
Please choose which answer best describes laying a foundation for your presentation.
Correct Answer
B. Recapping the established business needs and objectives.
Explanation
The correct answer is "Recapping the established business needs and objectives." This answer best describes laying a foundation for a presentation because it involves summarizing and reminding the audience about the existing needs and goals of the business. This helps set the context and provides a clear starting point for the rest of the presentation.
23.
Why is building perceived value in your presentation important?
Correct Answer
C. It helps to make your case and showcase more value than price.
Explanation
Building perceived value in your presentation is important because it helps to make your case and showcase more value than price. By highlighting the benefits and advantages of your products or services, you can demonstrate to the client why they should choose you over competitors. This can create a positive impression and increase the client's willingness to work with you. Additionally, focusing on value rather than price can help differentiate your offerings and justify a higher price point, leading to increased sales and profitability.
24.
At which point in the presentation can you show the price?
Correct Answer
D. After you have gained agreement in principle and ROI.
Explanation
Showing the price after gaining agreement in principle and ROI is the most appropriate point in the presentation because it ensures that the client understands the value and benefits of the product or service before discussing the price. This approach allows the client to make an informed decision based on the value proposition rather than being solely focused on the price. It also demonstrates that the price is justified and reasonable in relation to the expected return on investment.
25.
What does agreement in principle mean?
Correct Answer
B. They agree that your ideas (products,message) will have a positive response with the audience.
26.
The client can not change the price you have recommended.
Correct Answer
B. False
Explanation
The statement "The client can not change the price you have recommended" is false. The client has the authority to make changes to the recommended price if they deem it necessary. As the client, they have the final say in deciding the price they are willing to pay and can negotiate or alter the recommended price based on their own preferences or budget constraints.
27.
If the advertiser does not agree that your proposal will work, you should explain again how much research you did and how well you feel it will work for them.
Correct Answer
B. False
Explanation
The statement suggests that if the advertiser disagrees with the proposal's effectiveness, one should reiterate the amount of research conducted and express confidence in its success. However, the correct answer is False because it is not necessary to explain the research or assert confidence if the advertiser does not agree with the proposal.
28.
You can recommend a smart advertising budget for an advertiser without knowing their capacity or potential ROI.
Correct Answer
B. False
Explanation
It is not possible to recommend a smart advertising budget for an advertiser without knowing their capacity or potential ROI. The advertising budget should be based on the advertiser's financial resources and their expected return on investment. Without this information, it would be difficult to determine an appropriate budget that aligns with the advertiser's goals and objectives. Therefore, the statement is false.