No conversion, no conversation

  • On encountering a prospect whom they believe unlikely to make a purchase, some retail salespeople adopt a sales strategy of limiting engagement with the customer, relying on a "no conversion, no conversation" (\(NC^{2}\)) sales strategy. Is this a good or bad sales strategy? Based on a multisource dataset combining salespeople and objective sales performance data, the authors examine retail salespeople's performance consequences of disengaging from a customer, i.e., of the \(NC^{2}\) sales strategy. Higher sales performance and sales growth arises from the use of an \(NC^{2}\) sales strategy when (1) salespeople are experienced professionals skilled in gauging customers' purchase likelihood, (2) store traffic is high, and (3) salespeople are oriented to building lasting customer relationships. However, (4) when store traffic is low and peers use the \(NC^{2}\) sales strategy as well, this customer disengagement strategy yields lower returns for salespeople.

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Metadaten
Author:William L. CronGND, Sascha AlaviGND, Johannes HabelGND, Jan WiesekeGND, Hanaa RyariGND
URN:urn:nbn:de:hbz:294-96647
DOI:https://doi.org/10.1007/s11747-020-00763-x
Parent Title (English):Journal of the Academy of Marketing Science
Subtitle (English):consequences of retail salespeople disengaging from unpromising prospects
Publisher:Springer Netherlands
Place of publication:Dordrecht
Document Type:Article
Language:English
Date of Publication (online):2023/02/17
Date of first Publication:2021/01/13
Publishing Institution:Ruhr-Universität Bochum, Universitätsbibliothek
Tag:Decision strategy; Intuition; Personal selling; Salesperson-customer relationships; Time allocation
Volume:49
First Page:502
Last Page:520
Note:
Dieser Beitrag ist auf Grund des DEAL-Springer-Vertrages frei zugänglich.
Institutes/Facilities:Sales Management Department
Dewey Decimal Classification:Sozialwissenschaften / Wirtschaft
open_access (DINI-Set):open_access
faculties:Fakultät für Wirtschaftswissenschaft
Licence (English):License LogoCreative Commons - CC BY 4.0 - Attribution 4.0 International