Advantages and disadvantages of personal selling versus other media—both traditional and nontraditional.
Discuss some of the advantages and disadvantages of personal selling versus other media—both traditional and nontraditional.
DISCUSSION 2
Visit either a local manufacturer or service provider (or research one online). Determine how it uses aggregate planning. Find out specifically what two items must be calculated first when developing an aggregate plan.
Sample Solution
Advantages of personal selling
- Personalization: Personal selling allows for a more personalized and customized approach to marketing. Salespeople can tailor their message to the specific needs and interests of each customer.
- Relationship building: Personal selling can help to build relationships with customers. This can lead to repeat business and referrals.
- Credibility: Customers are more likely to trust a salesperson who they can meet in person and who can answer their questions.
- Higher close rate: Personal selling typically has a higher close rate than other forms of marketing. This is because salespeople can answer questions and address objections directly with the customer.
Full Answer Section
Disadvantages of personal selling- Cost: Personal selling is more expensive than other forms of marketing, such as advertising and social media.
- Time consuming: Personal selling can be time consuming, especially if the salesperson is covering a large territory.
- Requires skilled salespeople: Personal selling requires skilled salespeople who are able to build relationships, close deals, and overcome objections.
- Not always effective: Personal selling is not always effective, especially if the customer is not interested in the product or service.
- Reach: Traditional media can reach a large audience. This is especially important for products or services that are new to the market.
- Brand awareness: Traditional media can help to build brand awareness. This is important for companies that are trying to establish a presence in a new market.
- Credibility: Traditional media is often seen as more credible than other forms of marketing, such as online advertising.
- Cost: Traditional media can be expensive, especially if the company is trying to reach a large audience.
- Not always effective: Traditional media is not always effective, especially if the target audience is not actively looking for the product or service.
- Requires long lead times: It can take a long time to develop and execute a traditional media campaign.
- Cost effective: Nontraditional media can be more cost effective than traditional media, especially if the company is trying to reach a niche audience.
- Targeted: Nontraditional media can be targeted to specific audiences, such as demographics, interests, or behaviors.
- Measurable: Nontraditional media can be measured more easily than traditional media, such as through click-through rates and social media engagement.
- Reach: Nontraditional media cannot reach as large an audience as traditional media.
- Credibility: Nontraditional media is not always seen as credible as traditional media.
- Requires creativity: Nontraditional media campaigns often require creativity and innovation to be effective.