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HP2-E59 · Question #23

Which statement is typical of a transactional sales engagement?

The correct answer is C. The customer looks for the lowest price. A business that runs on a transactional sales model is much more concerned about price than Transactional sales can usually be closed within a matter of minutes, hours or months (not D). The sales agent engages the prospect, gives a pitch and processes the sale if the prospect…

Basic Sales Principles and Practices

Question

Which statement is typical of a transactional sales engagement?

Options

  • AThe salesperson is seen as a trusted advisor.
  • BThe customer is unaware of their IT issue.
  • CThe customer looks for the lowest price.
  • DIt generally involves a long sales cycle.

How the community answered

(24 responses)
  • A
    13% (3)
  • B
    4% (1)
  • C
    79% (19)
  • D
    4% (1)

Explanation

A business that runs on a transactional sales model is much more concerned about price than * Transactional sales can usually be closed within a matter of minutes, hours or months (not D). The sales agent engages the prospect, gives a pitch and processes the sale if the prospect is interested. Sales agents using this approach are normally more focused on the sales outcome than on the prospect's needs (not A). * If your company just wants to sell a product and then bid that customer goodbye, a transactional sales approach may be a good fit.

Topics

#transactional sales#sales engagement#pricing pressure#sales cycle

Community Discussion

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