Mastering Strategic Sales and Negotiation Flashcards (22 cards)

All cards

1Question

Sales channels — B2B vs B2C?

Answer

B2C uses direct, mass-market channels; B2B depends on complexity and customer type.

2Question

Contract renewal — key?

Answer

Extension of existing contracts at term end.

3Question

Customer ecosystem — definition?

Answer

Set of actors around a customer influencing sales.

4Question

Influence map — purpose?

Answer

Visualize actors' economic weight and intimacy.

5Question

Action priority — based on?

Answer

Proximity to customer and influence potential.

6Question

Battle cards — role?

Answer

Compare competitors' strengths and weaknesses.

7Question

Competitive approach — example?

Answer

Domination, disruption, segmentation, blocking.

8Question

Buyer categories — focus?

Answer

VITO, operational, purchasing teams.

9Question

SPIN — stands for?

Answer

Situation, Problem, Implication, Need-payoff.

10Question

Proposal design — key?

Answer

Differentiate, concise, aligned with customer needs.

11Question

Communication skills — importance?

Answer

Clarity, conviction, tailored messaging.

12Question

Negotiation strategy — approach?

Answer

Principled, collaborative, competitive, cultural styles.

13Question

Sales channels — B2C factors?

Answer

Positioning, price, product complexity.

14Question

Contract renewal — risk?

Answer

Waiting too long leads to price pressure.

15Question

Customer ecosystem — actors?

Answer

Suppliers, partners, competitors, consultants.

16Question

Influence flow — what?

Answer

Persuasion movement between stakeholders.

17Question

Battle profiles — types?

Answer

Innovators, pragmatics, conservatives, laggards.

18Question

Case study — purpose?

Answer

Test and refine competitive approach.

19Question

Buyer psychology — key?

Answer

Willingness to change, influence of VITO.

20Question

SPIN — pain focus?

Answer

Customer pain, delays, costs, safety issues.

21Question

Pricing tactic — principle?

Answer

Three constraints: price, quality, delay.

22Question

Presentation — best practice?

Answer

Support with business case, avoid jargon.

Test yourself with the quiz

Answer 22 questions on Mastering Strategic Sales and Negotiation.

1. In B2C, which factor most strongly guides channel choice for a low-margin, low-differentiation mass-market product?

2. What best describes indirect sales?

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