Cyclopedia of Commerce, Accountancy, Business Administration, v. 01 (of 10)American School of Correspondence
General
Cyclopedia of Commerce, Accountancy, Business Administration, v. 01 (of 10)
American School of Correspondence
Accounting; Business; Commerce
On the back of the customer's card a form similar to Fig. 28 should be
printed. This is intended for a record of the purchases of the customer
and provides for a monthly record, covering a period of five years. The
amount of purchases is entered monthly from the ledger. In a business
in which the purchases of each customer are infrequent, each order
should be entered with the date, in place of the monthly summary.
_Classification of List._ The value of a list of customers is greatly
enhanced by a careful classification of the names. Lists of those
engaged in the different trades and professions can be bought, but
no list is so valuable as one made up of the names of those who have
answered your advertisements, or with whom you have done business.
[Illustration: Fig. 29. Card File for a Classified Customers' List]
Most houses sell goods to those in different trades or occupations. A
manufacturer may sell different lines, or the same line, to jobbers,
retailers, and consumers; a mail order concern may sell to farmers,
mechanics, and small retailers; a retailer may sell to men and women.
To sell each different line to a different class of people, requires
different arguments--a new line of selling talk must be used in each
case. While the personal salesman has an opportunity to size up his
prospect, and make his argument fit the individual, the letter salesman
must fit his argument to a _class_. To drive home the right argument,
he must be sure of the class to which his prospect belongs. He cannot
hope to form the personal acquaintance of his prospects, but must rely
on a proper classification.
The classes into which a list of customers and prospects should be
divided depends on the nature of the business and the class of goods
sold. It might be manufacturers in different lines, the different
professions, retailers in several lines, or all of these combined into
one list.
With a card list, any classification is easily provided. If the number
of classes is small--not exceeding seven or eight--the classes can be
indicated by the color of the card, a white card being used for one
class, blue for another, etc.
For a more extensive classification, cards with numbered tabs, as in
Fig. 29, are used. It will be noted that there are twelve of these
tabs, and that they are numbered from left to right. In the follow-up
systems, from which this illustration is taken, each number represents
a certain line of business.
Suppose that No. 1 represents manufacturers; if all manufacturers on
the list are to be circularized, only those names recorded on cards
with the No. 1 tab are addressed. Now if the business is one dealing in
specialties, it may be that the specialty to be sold will depend on the
position held by the prospect--a sales manager will be more interested
in a book on sales methods than in one on factory methods. To further
classify the list, colors are used.
Public-domain text, read in full here on John Shaqi.
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