Question

In: Operations Management

Please define each acronym, and describe each one: AIDA SPIN ICAO

Please define each acronym, and describe each one: AIDA SPIN ICAO

Solutions

Expert Solution

AIDA

AIDA is an acronym which stands for Attention, Interest, Desire and Action. This is a model which is widely used in advertising and marketing. This model describes the steps from the stage when customer first becomes aware of the product till the stage when the customer tries or purchases the product.

We describe each stage as follows:

Attention: Attention means to bring the product into notice to the prospective customer. By giving a shocking fact or problem which can be solved by using the product or service is a common way of gaining attention. Other method can be using a thought provoking question. The main aim of this stage is to give the prospective customer a reason for need to learn more about the product.

Interest: Once the prospective customer's attention is gained, the next step is to sustain interest of your product or service with him. Explain the customer of the problem identified in the attention stage in affecting him. Personalize the problem so that it hits him closer and the customer will need to find the solution soon.

Desire: In this stage, the main aim of marketer is to explain and show the benefits of the product or service to the prospective customer which can solve its problem. Explanation of features and benefits and demonstration is to be given so that the customer is convinced of its problem solving benefits. For example, before and after technique is used to arouse a desire to make the purchase.

Action: Once that the desire to purchase is created, the final stage is to convince the prospective customer to make the purchase. Advertisers use urgency techniques by offering something for a limited period of time or giving a special gift along with the product to instinct an immediate purchase of the product.

SPIN

SPIN stands for Situation, Problem, Implication, Need-payoff.

SPIN selling is a model based on selling. In a successful sales call, according to a research, its mostly the buyer who talks the most, and the salesperson keep asking questions. Asking more questions to the buyer allows the salesperson to build a rapport with the buyer, which makes the buyer more comfortable.

SPIN model says there are four types of questions:

Situation questions: means the questions related to the facts about the existing situation of the buyer.

Problem questions: these are asked related to the problems of the buyer and focus the buyer on the problem during clarifying it, before asking questions relating to implications. Such questions give needs that are implied.

Implication questions: such question enhances the adverse effects of the problems, before moving onto its solution. Such questions develop seriousness of the problem to motivate the buyer to initiate a change.

Need payoff questions: these questions get the buyers to tell about their needs to you and the benefits that your product offers, instead of you forcibly trying to explain the benefits. This is less pushy and gives greater impact.

Thus, SPIN selling allows the buyers to be open and in agreement to the questions asked, and so it is a buyer-centered strategy.

ICAO

ICAO stands for International Civil Aviation Organization. ICAO is a United Nations specialized agency which manages the administration and governance of the International Civil Aviation Convention.

It works with the 192 member states of the Convention and industry groups in order to formulate policies for the safe, secured, efficient, environmentally responsible and economically sustainable civil aviation sector.

It works to reach consensus on Standards and Recommended Practices (SARPs) of the international civil aviation. These SARPs conform that the local civil aviation operations are working according to the global norms.

In addition to adhering to SARPs and regulations and policies among its member states and industry, ICAO also coordinates capacity building and assistance for states in support of various objectives towards development of aviation; monitors and provides reports on various performance metrics of air transport sector; and audits capabilities of States' civil aviation in areas of safety and security.


Related Solutions

What is NOT included in the AIDA acronym? Select one: a. action b. desire c. attention...
What is NOT included in the AIDA acronym? Select one: a. action b. desire c. attention d. interest e. attitude In the initial introduction of the Prius, Toyota put much effort into building awareness of the emerging need for hybrid cars and also educating potential customers about what a hybrid car actually is. This is an example of the ________ stage in the AIDA model. Select one: a. attention b. desire c. action d. interest e. decision ________ provides an...
For each topic (with bullet point) please use one sentence to describe or define the topic....
For each topic (with bullet point) please use one sentence to describe or define the topic. I just want to know you understand the concept, can be as simple as a definition. Capacity Management Capacity Analysis: Theoretical vs Actual Capacities, Utilization, Process Capacity, Process Flow Rate, Bottleneck Identification, Load Balance, Idle Time Capacity Improvement: Work Redesign, Load Rebalance, Work Cell Interface of Marketing and Operations Queue Management and Analysis Concepts, Motivations and Challenges in Queue Management Role of variability in...
For each topic (with bullet point) please use one sentence to describe or define the topic....
For each topic (with bullet point) please use one sentence to describe or define the topic. I just want to know you understand the concept, can be as simple as a definition. Process Analysis Process Flow Diagram Littleā€™s Law: Flow Unit, Flow Rate, Flow Time Inventory Turns, Direct Labor Cost, Productivity, Yield Capacity Management and Analysis Capacity Management Capacity Analysis: Theoretical vs Actual Capacities, Utilization, Process Capacity, Process Flow Rate, Bottleneck Identification, Load Balance, Idle Time Capacity Improvement: Work Redesign,...
Describe the SMART acronym in details and explain each of the letters in a short paragraph.
Describe the SMART acronym in details and explain each of the letters in a short paragraph.
* What does the STAR acronym stand for? * Give an example for each one *...
* What does the STAR acronym stand for? * Give an example for each one * How will this be beneficial to you in your upcoming job interviews?
Identify and describe the SPIN questioning technique, and provide examples for each.
Identify and describe the SPIN questioning technique, and provide examples for each.
Identify and describe the SPIN questioning technique, and provide examples for each.
Identify and describe the SPIN questioning technique, and provide examples for each.
Please define each of the following in your own words and in one Paragraph. Each student...
Please define each of the following in your own words and in one Paragraph. Each student is responsible to understand the following 6 variables. Real GDP The Unemployment Rate The Inflation Rate The Interest Rate The Level of the Stock Market The Exchange Rate
Please define Cost, Volume and Profit. Describe how they relate and drive each other and then...
Please define Cost, Volume and Profit. Describe how they relate and drive each other and then one of the most famous equations in history: (I'm biased, deal with it...)    Needed Level of Sales = Fixed Cost Dollars + Desired Profit Dollars                                                           CM% What does this mean, how does it work, what's CM% how do we figure it out?
Utilize the SPIN questioning approach and develop two 2 questions for each step in the SPIN...
Utilize the SPIN questioning approach and develop two 2 questions for each step in the SPIN (total of 8 questions) approach you would consider asking Mr. Crandall in this sales scenario. In addition to developing the questions articulate why you would be asking these questions and what you your intention/strategy is in asking the question.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT