Exercises · Q4
Q.Explain the importance of salesmanship to the producer, the consumer and society.
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Start your 14-day free trial to unlock the full solution →The importance of salesmanship can be shown from three angles.
(i) Importance to the producer / manufacturer.
- Creates and increases demand by explaining a product's uses and turning latent needs into purchases.
- Introduces new products, overcoming the resistance that unfamiliar goods meet.
- Ensures continuous sales, which lets the factory produce steadily, use full capacity and lower unit costs.
- Provides market feedback on customer likes, complaints and competitor activity.
- Helps meet competition by winning and holding customers in a crowded market.
(ii) Importance to the consumer.
- Guides buying decisions with information and honest advice, helping the buyer choose the right product.
- Educates the consumer about new products and their correct use, raising his standard of living.
- Saves the buyer's time and effort by bringing suitable choices to him.
(iii) Importance to society and the economy.
- Generates employment, offering a career to a very large number of people. …
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