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Place refers back to the real or virtual place from which a product or service can be obtained by way of a consumer. Another name used for place is termed "distribution channel". Promotion may be the manner in which an item will likely be communicated towards the average person. There are four distinct ways in which this might be done- 'point of sale', 'word of mouth', advertising and advertising. I remember vividly when I first began selling that I also struggled with closing the sale. I had excellent product knowledge and met people well, but I got far more nos than yeses when I requested an investment. In fact, I remember saying to myself, “If my customers and prospects would just be quiet to get a half-hour approximately and let me complete my full sales presentation, I'd let them know everything they need to learn about my products and services to produce a positive decision. " But no, they kept interrupting me with questions or taking cell phone calls within my visit.

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