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Browse Archives by Keyword

Keyword: Marketing and Sales

INSIDER: If the Point of Selling Isn't Selling, then What's the Point?
June 1, 2017
Harris, Courtney

Salespeople will be more successful when they understand that the point of selling isn't selling. A salesperson's job is to help his or her customer make a better buying decision.

Marketing and Sales, Customer Relations, Insider
Shaping Homeowner Pricing Decisions
June 1, 2017
Loveland, Katherine E.; Mandel, Naomi; Dholakia, Uptal M.

During the housing crisis, many homeowners continued to ask unreasonably high prices for their homes. This reluctance to lower asking prices created an excess supply of more than 6 million homes.

Financials, Marketing and Sales
What are People Saying about You? Using eWOM to Protect and Build Your Business
March 1, 2017
Babic Rosario, Ana; Sotgiu, Francesca; de Valk, Kristine; Bijmolt, Tammo H.A.

Do you know that what people say about you on the Internet impacts your business? Having a strong online presence is becoming increasingly important. So, how do you accomplish that?

Marketing and Sales, Social Media, Technology
Don't Overcomplicate -- Adapt and Simplify
March 1, 2017
Wieseke, Jan; Mikolon, Sven; Kolberg, Anika; Haumann, Till

Professional services sales encounters are a two-way street between the client and the service provider. Such encounters require input from both parties to mutually find the best fitting professional service for the client.

Marketing and Sales, Customer Relations
INSIDER: So, You're New to Sales
March 1, 2017
Taylor, Austin

In his book So, You're New to Sales, Bryan Flanagan lays out every detail, step-by-step, that is necessary for the novice to become a professional agent.

Marketing and Sales, Insider
Sidestepping the Home Buying Process
March 1, 2017
Otto, Ashley; Clarkson, Joshua; Kardes, Frank

Decision making is all too often an aversive experience. In fact, work in cognitive neuroscience shows that decision making is often interpreted in similar ways as actual pain.

Marketing and Sales, Customer Relations
Newly Hired Agents Who Fail Should Try, Try Again
December 1, 2016
Boichuk, Jeffrey; Hall, Zachary R.; Ahearne, Michael

Salespeople’s roles are far from failure-proof. In fact, approximately 50% of salespeople fail to reach their annual sales targets.

Management, Marketing and Sales
Identifying and Managing the Buying Center
December 1, 2016
Fifield, Charles

The buying center is comprised of various individual influences that shape the buyer’s purchase decision. Since a successful selling process is about enabling the buyer to make a quality purchase decision, understanding how to productively manage the buying center’s influences and efficiently guide the decision-making process can be critical to the final buy or no-buy outcome.

Marketing and Sales
Absolute versus Relative Sales Failure
September 1, 2016
Friend, Scott; Hamwi, G. Alexander; Rutherford, Brian; Johnson, Jeff S.

Failure can have a profound impact on a salesperson’s effectiveness. Research has shown that failure affects a company’s bottom line through salesperson performance and turnover.

Marketing and Sales
Bringing in the Buyers: Leveraging Entrepreneurs’ and Executives’ Venture Location Decisions
September 1, 2016
Wood, Matthew S.; McMullen, Jeffery; Kier, Alexander

It is well documented that real-estate markets fluctuate over time, but since the financial crisis, real-estate markets have begun to fluctuate across geographic regions as well. One leading contributor to this disparity is public policy that seeks to encourage entrepreneurs and business leaders to locate in a state, or a specific community within a state, over another.

Marketing and Sales, Lead Generation
Transformational Relationship Events
September 1, 2016
Samaha, Stephen A.; Palmatier, Robert; Houston, Mark B.; Harmeling, Colleen M.; Arnold, Mark J.

Every relationship has moments that define the expectations and feelings of the individuals in that relationship. Business relationships are no different. Specific events act as fundamental building blocks of those business relationships and are essential in shaping the relationship development.

Marketing and Sales, Customer Relations
Developing a Winning Theme or The Attention Getter
June 1, 2016
Fifield, Charles

Standing out from the competition by initially capturing the attention and the imagination of the buyer can oftentimes decide the fate of a sales call. Sometimes referred to as the attention getter or the opener, the theme offered at the beginning of a sales call is vitally important.

Marketing and Sales
Understanding Client Attitudes
June 1, 2016
Kwon, JaeHwan; Nayakankuppam, Dhananjay

People develop attitudes and opinions toward many different things, but we know that not all attitudes guide our behaviors.

Marketing and Sales, Customer Relations
The Wrong Ladder: Mismatch Between Subgoal Sequences and Actual Goal Performance
June 1, 2016
Jin, Liyin; Xu, Qian; Zhang, Ying

For real estate professionals, success is measured by performance – how many homes you sell or how many customers you reach. One thing, however, is certain – the real estate industry is complex and requires strong motivation to remain successful.

Management, Marketing and Sales
How Does Reinterpretation Influence Our First Impressions?
June 1, 2016
Mann, Thomas C.; Ferguson, Melissa J.

Common wisdom and psychological research alike advise that it is critically important to make a good first impression: the human mind is adept at drawing inferences about others from even the slimmest amount of information about their actions or appearance, and these impressions can impact decision-making.

Marketing and Sales, Customer Relations
Procedural Frames in Negotiation: The Impact of Offering "My Resources" Vs. Requesting "Your Resources"
March 1, 2016
Trotschel, Roman; Loschelder, David D.; Hohne, Benjamin P.; Majer, Johann M.

If I were to propose a trade to you, the two statements “My X for your Y” and “Your Y for my X” may appear to be completely equal. However, in a real world negotiation, those two proposals are perceived diffe­rently.

Marketing and Sales
You Don't Always Get What You Want, and You Don't Always Want What You Get
March 1, 2016
Grewal, Dhruv; Beitelspacher, Lauren Skinner; Mullins, Ryan R.; Bachrach, Daniel G.; Rapp, Adam A.

The old adage tells us that the customer is always right, but does the customer always feel in control?

Marketing and Sales, Customer Relations, Management
The Salesperson's Toolkit for Selling Success
March 1, 2016
Fifield, Charles

A salesperson’s or agent’s toolkit is a set of tools designed to be used together for the purpose of earning a win-win value-adding purchase decision. During an interactive professional sales exchange, several tools are needed to shape and achieve this desired outcome.

Marketing and Sales, Customer Relations
INSIDER: Creating Maximum Value in the Real Estate Selling Process
March 1, 2016
Kohles, Jack

To be a master storyteller, a real estate professional must master the customer conversation. In the book "The Three Value Conversations," authors Peterson, Riesterer, Smith, & Geoffrion focus on how to master the customer conversation.

Marketing and Sales, Insider
Can A Book be Judged Accurately Only by its Cover?
March 1, 2016
Hall, Zachary R.; Ahearne, Michael; Sujan, Harish

Sales professionals make judgments of their customers' preferences and tastes throughout the selling process – at times without being conscious they are doing so. These judgments enable effective selling.

Management, Marketing and Sales, Customer Relations
INSIDER: The Science of Why
March 1, 2016
Miner, Andrew

It is said that people hate to spend money, but that they love to buy. But why? Why do we buy what we buy?

Marketing and Sales, Customer Relations, Insider
INSIDER: Thinking, Fast and Slow in Real Estate Sales
December 1, 2015
McMullen, Mark

Our decision-making processes utilize two systems in our minds that function very differently, yet work together to help us analyze situations and draw conclusions. Dr. Daniel Kahneman’s Thinking, Fast and Slow explores the interaction between the automatic system and the conscious system...

Financials, Marketing and Sales, Customer Relations, Insider
Value Creation in Real Estate
December 1, 2015
Tynan, Caroline; McKechnie, Sally; Hartley, Stephanie

For real estate professionals, the word value comes up in professional conversations everyday. However, value can oftentimes be very narrowly defined from the firm’s perspective, prompting the agent to miss opportunities to connect the broad definition of value to the real estate purchase experience...

Marketing and Sales, Customer Relations
INSIDER: Agile Selling
December 1, 2015
Smith, Luke

For most people, sales agility is a new term. Top sellers are agile learners who know what it takes to dive into a new situation and figure it out quickly...

Marketing and Sales, Insider
INSIDER: Neuro-Sell: How Neuroscience Can Power Your Sales Success
September 1, 2015
Tran, John

Is there a connection between neuroscience and selling real estate? By exploring key functions of the brain's decision-making processes, Simon Hazeldine has discovered a way for sales professionals to increase the likelihood of closing a sale.

Marketing and Sales, Insider
Setting the Sale Through Persuasive Communication
September 1, 2015
Fifield, Charles

Communication, the effective conveying of information, is a critically important buyer-seller activity to achieve successful interpersonal sales performance.

Marketing and Sales, Customer Relations
Why Real Estate Agents Should Care about Buyer Usage Intent
September 1, 2015
Brough, Aaron R.; Isaac, Mathew S.

Sellers want to find a good home for their most cherished possessions and may be willing to sacrifice personal profit to ensure that this objective is met. Their willingness to accept an offer can depend on whether they agree or disagree with how the buyer plans to use the product.

Financials, Marketing and Sales
Using Reason versus Feelings to Guide Client Decisions
September 1, 2015
Zheng, Xingshan; Yang, Yang; Hsee, Christopher K.; Wang, Hanwei

Predicting consumer behavior is crucial to success in any business, including real estate. Our research identifies that a key way to predict consumer behavior is through a consumer's level of what is called lay rationalism, which refers to the weight a consumer gives to feelings versus reason in the decision-making process.

Marketing and Sales, Customer Relations
Picturing Yourself in and out of the House
June 1, 2015
Jiang, Yuwei; Adaval, Rashmi; Steinhart, Yael; Wyer, Robert S.

Have you ever imagined yourself in an exotic vacation location, experiencing all the benefits of a luxury resort? Real estate agents use strategies while persuading buyers to invest in a house. The implicit belief behind these sales strategies is that consumption-related self-imagery is a powerful persuasion tactic.

Marketing and Sales, Service, Customer Relations, Lead Generation
INSIDER: Being Real in Real Estate
June 1, 2015
Bryan, Wesley

How do you convince potential clients that what you’re selling is best?  How do you bridge that gap between real estate salesperson and my real estate agent?  Ron Willingham says it is in how authentic you are with your potential clients.

Marketing and Sales, Customer Relations, Insider
Peer-Based Learning and its Implications for the Real Estate Market
June 1, 2015
Chan Tat Y.; Li, Jia; Pierce, Lamar

When entering the work force, new employees face a learning curve associated with their new positions. Real estate agents face the task of establishing themselves as a credible assets in the community and understanding the dynamics of working with clients.

Lead Generation, Management, Marketing and Sales, Customer Relations
What's the Best Thank You?
June 1, 2015
Liu, Peggy; Lamberton, Cait; Haws, Kelly

Acknowledgments and thank yous are given every day in nearly all professions, from real estate to acting to retail shopping.  Though such thank yous are common, people rarely put much thought into how various forms of such acknowledgements might be received differently. 

Financials, Marketing and Sales, Service, Customer Relations, Ethics, Lead Generation
INSIDER: How the World Sees You
June 1, 2015
McGregor, Margie

As much as we might like to think that we are wildly different than everybody else, our DNA is actually 99.9% the same as everyone else’s. We’re 99.9% average. As odd as it may seem, our individuality and personality only makes up .1% of us.

Insider, Lead Generation, Marketing and Sales, Customer Relations
Can Big Data Bridge the Gap between Sales and Marketing?
December 1, 2014
George, Morris

With the advancement in storage technology and the rise of Internet and social media, more and more information is becoming readily available to both customers and agencies. Today, customers are able to get almost all the information they need to make a purchase decision through websites both of the focal company and their competitors, feedback and ratings of other customers and users, through blogs, online product reviews and social media...

Management, Marketing and Sales, Social Media, Technology, Lead Generation
Emotional Ability and Nonverbal Communications
December 1, 2014
Kidwell, Blair; Hasford, Jonathan

As cognitive beings, we possess a unique ability to recognize and understand non-verbal communication. We have the ability to study and analyze the non-verbal signals of our friends, family and clients, and then use that information to communicate more effectively with each other...

Marketing and Sales, Customer Relations
The Power of Storytelling
December 1, 2014
Gilliam, David A.; Zablah, Alex R.

Salespeople constantly seek ways to communicate persuasively. Storytelling is a type of communication that you and I use every day. It is so common you may not even think about it when telling or hearing a story. Stories are such an important part of the fabric of human communications that failing to use them effectively in sales can be a serious handicap...

Management, Marketing and Sales, Customer Relations, Lead Generation
Explicit Marketing: Personalization of Email Subject Line
December 1, 2014
Bryan, Wesley

It’s a fairly common experience - that desperate moment when you search the crowd for whoever said your name. We are constantly clued into our names, especially when it’s added to personalized greetings or comments. People use our names as a way of engaging with us and getting our attention...

Marketing and Sales, Social Media, Technology, Customer Relations, Lead Generation
Selling Effectiveness: The Role of Interpersonal Mentalizing
December 1, 2014
Chakrabarty, Subhra; Widing II, Robert E.; Brown, Gene

The effectiveness of salespeople depends on how they interact with customers. Sales organizations recruit and train salespeople so that they can identify and satisfy customer needs in the long-run...

Marketing and Sales, Service, Customer Relations, Lead Generation
Keller Center Research Report - Creating a Competitive Level of Engagement
September 1, 2014
Dixon, Andrea

Bridging current academic research and the real estate practitioner audience, the Keller Center Research Report plays uniquely in the knowledge marketplace. Our Keller Center team identifies cutting-edge rigorous research with interesting implications for the real estate market...

Marketing and Sales, Technology, Lead Generation
INSIDER: The Effortless Experience
September 1, 2014
Senter, Grant

On April 30, 1943, at the height of World War II, a fisherman stumbled across a corpse floating in the water off the coast of southwestern Spain. The body was that of an adult male, Major William Martin of the Royal Marines...

Marketing and Sales, Insider
Competitiveness, Coachability, and Context as Key Determinants of Sales Performance
September 1, 2014
Shannahan, Kirby L.J.; Shannahan, Rachelle J.; Bush, Alan J.

The real estate industry is fiercely competitive. Since the 1990s it has not only been a competition between individual agents but one between agents and realtor teams...

Management, Marketing and Sales, Customer Relations
Unmasking the High-Performing Salesperson
June 1, 2014
Fournier, Christophe

This article is written to help “unmask” the qualities of high-performing salespeople in the context of task and time management preferences to help managers and agents achieve the greatest business outcomes. Understanding an agent’s task and time preferences can help increase...

Management, Marketing and Sales
Is Work-Family Balance Possible?
June 1, 2014
Carlson, Dawn S.; Kacmar, K. Michele; Grzywacz, Joseph G.; Tepper, Bennett; Whitten, Dwayne

Do you have a balanced work and family life? For many, this question is difficult to answer because the definition of “balance” varies. Regardless of the definition, it is clear that the demands of work can impact an individual’s...

Management, Marketing and Sales, Customer Relations
INSIDER: Changing the Sales Conversation
June 1, 2014
Monaghan, Susan

Previously, providing information was a key way that salespeople created value for clients. Now, sales professionals must adapt the value creation process to address changing client needs by...

Marketing and Sales, Customer Relations, Insider
INSIDER: Sales and Marketing the Six Sigma Way
June 1, 2014
Ashton, Natasha

Efficiency, process improvement, and value creation are not just buzzwords in today’s business world; they have become the foundation for real, sustainable competitive advantage. However, the path to achieving or improving upon these fundamental concepts is not always clear...

Management, Marketing and Sales, Customer Relations, Insider
Attracting Talent from University Sales Programs to Grow Your Real Estate Agency
June 1, 2014
Sojka, Jane Z.; West, Vicki; Dixon, Andrea; Pullins, Ellen Bolman; Agnihotri, Raj; Bonney, Leff; Erffmeyer, Robert

When looking to add new agents to your agency, finding individuals who can add value immediately is important. Additionally, finding the right person who will fit your job and your agency will increase the probability of...

Management, Marketing and Sales
INSIDER: The Ambivert Advantage
June 1, 2014
Justice, Clint

Are extraverts are the best candidates for sales positions? Despite the proliferation of this assumption in numerous sales organizations, studies have shown that there is a weak and inconsistent relationship between extraversion and sales performance. In fact, recent studies indicate that...

Management, Marketing and Sales, Customer Relations, Insider
INSIDER: Contagious: Why Things Catch On
March 1, 2014
Chandler, Stephen

Understanding how to push your products, services, and ideas to catch on is essential for success. To do so, users need to discover how to...

Insider, Marketing and Sales, Social Media
Accidental Referrals
March 1, 2014
Lilly, Bryan; Alexandrov, Aliosha

For realtors and other providers of professional services, customer referrals are one of the most important sources of new business. As service providers, we want customers saying...

Marketing and Sales, Customer Relations, Lead Generation
Leveraging Market Orientation for Real Estate
March 1, 2014
Attia, Samaa Taher

Real estate professionals must understand that it is important to focus on each of the four dimensions of Market Orientation. While maintaining a strong focus on customers, it is equally important to...

Marketing and Sales, Customer Relations
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Keller Center for Research

Hankamer School of Business

Paul L. Foster Campus for Business and Innovation
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Waco, TX 76706

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Waco, TX 76798

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