Understanding Sales and Customer Service

Sep 25, 2024

Lecture Notes: Sales Process and Customer Service

Customer Engagement

  • Definition: Contact between business and customer.
  • Example: Click and collect - purchasing online and collecting in-store.

After-Sales Service

  • Importance: Support and advice after purchasing a product or service.

Product Knowledge

  • Role of Employees:
    • Support and persuade customers.
    • Help potential customers.

E-commerce

  • Definition: Buying physical items online.
  • Impact on Business:
    • Creation of specific departments, e.g., online sales.
    • Variety of delivery options like click and collect.
    • Staff training for 24/7 selling availability.
    • Pros for Business:
      • Easy market access, worldwide sales.
      • Reduced overheads and fixed costs.
      • Potential for rapid growth and market expansion.
      • 24/7 availability appealing to customers.
    • Cons for Business:
      • Worldwide competition.
      • Higher delivery and return costs.
      • Risk of hacking; need for online security.
      • Keeping up with technology advances.
  • Pros for Customers:
    • Easy price comparison.
    • 24/7 availability.
    • Wider range of products.
  • Cons for Customers:
    • Lack of physical contact with products.
    • Potential issues with returns and delivery.

Face-to-Face Selling

  • Definition: Direct selling between buyer and seller.
  • Pros for Business:
    • Fewer returns, reduced costs.
    • Opportunity to upsell products.
    • Enables click and collect.
  • Cons for Business:
    • High fixed costs for physical stores.
    • Increasing online shopping trend.
  • Pros for Customers:
    • Receiving advice and support.
    • Ability to try on products.
  • Cons for Customers:
    • Poor in-store service at times.
    • Travel costs involved.

Telesales

  • Definition: Buying over the phone.
  • Pros for Business:
    • Fewer premises needed, reducing fixed costs.
    • Good for targeting older customers.
  • Cons for Business:
    • Smaller businesses may lack staff.
    • Need for staff training in telesales.
  • Pros for Customers:
    • Comfort for older customers.
    • Access to advice and support.
  • Cons for Customers:
    • Discomfort with cold calling.
    • Inability to see products.

Customer Service

  • Definition: Handling customer inquiries.
  • Benefits of Good Service:
    • Builds trust and brand loyalty.
    • Encourages repeat customers.
    • Increases brand awareness.
  • Drawbacks of Poor Service:
    • Erosion of trust and loyalty.
    • Loss of customers and brand awareness.

End of lecture notes.