1. Advertising –Analyzing the Sales Process

2. “Copyright and Terms of Service Copyright © Texas Education Agency. The materials found on this website are copyrighted © and trademarked ™ as the property of the Texas Education Agency and may not be reproduced without the express written permission of the Texas Education Agency, except under the following conditions: 1)Texas public school districts, charter schools, and Education Service Centers may reproduce and use copies of the Materials and Related Materials for the districts’ and schools’ educational use without obtaining permission from the Texas Education Agency; 2) Residents of the state of Texas may reproduce and use copies of the Materials and Related Materials for individual personal use only without obtaining written permission of the Texas Education Agency; 3) Any portion reproduced must be reproduced in its entirety and remain unedited, unaltered and unchanged in any way; 4) No monetary charge can be made for the reproduced materials or any document containing them; however, a reasonable charge to cover only the cost of reproduction and distribution may be charged. Private entities or persons located in Texas that are not Texas public school districts or Texas charter schools or any entity, whether public or private, educational or non-educational, located outside the state of Texas MUST obtain written approval from the Texas Education Agency and will be required to enter into a license agreement that may involve the payment of a licensing fee or a royalty fee. Call TEA Copyrights with any questions you have. Copyright © Texas Education Agency, 2012. All rights reserved. 2

3. WHAT IS ADVERTISNG? Advertising is a paid announcement. Three Criteria: Message must be paid for. Message must be delivered to the audience by mass media. The message must try to persuade the audience of some action or belief. Copyright © Texas Education Agency, 2012. All rights reserved. 3

4. VOCABULARY TERMS ADVERTISING CONSUMER CONSUMER BEHAVIOR MASLOW’S HIERARCHY OF NEEDS CULTURE RITUAL SOCIAL CLASS PERSONAL SELLING FEATURE-BENEFIT SELLING CONSULTATIVE SELLING TELEMARKETING Copyright © Texas Education Agency, 2012. All rights reserved. 4

5. CONSUMERS AND THEIR NEEDS A CONSUMER IS SOMEONE WHO USES PRODUCTS. CONSUMERS CHOOSE TO BUY ITEMS THAT ARE NEEDS OR WANTS. CONSUMER BEHAVIOR IS EVERYTHING THAT AFFECTS OR IS AFFECTED BY HUMAN CONSUMPTION. Copyright © Texas Education Agency, 2012. All rights reserved. 5

6. Maslow’s Hierarchy of Needs UNT in partnership with TEA, Copyright © All rights reserved 2 Copyright © Texas Education Agency, 2012. All rights reserved. 6

7. WANTS Economic ◦Material goods and service ◦Basis of an economy ◦Clothing, housing, cars ◦Hair styling, medical care, airline tickets Non-economic ◦Sunshine ◦Fresh air ◦Exercise ◦Friendship ◦Happiness Copyright © Texas Education Agency, 2012. All rights reserved. 7

8. Needs and Wants Needs and wants are unlimited. Needs and wants are only limited by the minds of consumers. Many purchases are related to additional purchases. Businesses respond to needs and wants when they can make a profit. Copyright © Texas Education Agency, 2012. All rights reserved. 8

9. Where Do I Live? What Do I think? Copyright © Texas Education Agency, 2012. All rights reserved. 9

10. Selling Techniques Personal Selling-any form of direct contact between a sales person and a customer. Feature-Benefit Selling-Sales that match the characteristics of a products to a customer’s needs and wants. Consultative Selling-Providing solutions to customer’s problems by finding products that meet their needs. Telemarketing-Selling products over the telephone Copyright © Texas Education Agency, 2012. All rights reserved. 10

11. Product Features- May be basic, physical or extended attributes of the product. The most basic feature of a product is its intended use. Consumers look for qualities of a product that differentiate competing brands. Additional features ad more value to a products and provide reason for price differences. Copyright © Texas Education Agency, 2012. All rights reserved. 11

12. Product Benefits Benefits for the customer Advantages or personal satisfaction one gets from the product use Product benefits become selling points for the salesperson. Copyright © Texas Education Agency, 2012. All rights reserved. 12