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Sales management basics
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S i 1Session 1
Sales Management
Sales management is defined as the planning organizing leading and planning, organizing, leading, and controlling of personal contact programs designed to achieve the programs designed to achieve the sales and profit objectives of the firm.
Sales Management Process
The formulation of a sales program Th i l t ti f th l The implementation of the sales
program Th l ti d t l f th l The evaluation and control of the sales
program
The sales management process
seeing the big picture and developing strategic sales plans,strategic sales plans,
defining the role of the sales force in executing a firms business plan,
structuring the sales force for efficiency and effectiveness,
building the sales competencies necessary to implement the firms business strategy,
leading the sales fo ce to achie e s ccess leading the sales force to achieve success.
Figure 1-1:Positions of Personal Selling and Positions of Personal Selling and Sales Management in the Marketing MixSales Management in the Marketing MixSales Management in the Marketing MixSales Management in the Marketing Mix
Marketingmix
Products Prices Promotion Distribution
Advertising PublicrelationsPersonalselling
Salespromotion Internet
SalesSalesmanagementmanagement
PlanningPlanning MotivatingMotivatingBudgetingBudgeting CompensatingCompensatingRecruiting and selectingRecruiting and selecting Designing territoriesDesigning territoriesTrainingTraining Evaluating performanceEvaluating performanceTrainingTraining Evaluating performanceEvaluating performance
Customer Awareness
Brand Awareness
Marketing
Brand Awareness
Brand Consideration Marketing
Brand Preference
HandoffPurchase Intent
SalesPurchase
Customer LoyaltyCustomer Loyalty
Customer Advocacy
The MarketingThe Marketing--Sales HandoffSales Handoff
An Overview of Sales Management
Distribution and Sales Management are intertwined
Sales Management Actions / Tasks
Distribution Management Role
Strategy for effective coverage of markets and outlets
Follow call plan / beat plan Make customer call productive Use multi-channel approach
Strategy for handling customer complaints
Prompt action at the customer interface level
If the problem persists involve If the problem persists, involve senior sales and service people
Planning of local Co ordination with distribution Planning of local advertising and sales promotion
Co-ordination with distribution channels
Responsibility of execution with distribution channelsdistribution channels
Expenses are shared between the company and intermediaries
Value Price Continuum
Investmentby
Supplier
Investment by Customer
Alternative Types of Account Relationships
Comparing Go-to-Market alternatives
Project Coverage The profile of the industry The detailed marketing organisation along with Sales Organisation The functions of the sales managerg The type/s of selling job/s Recruiting and selection practices Training Evaluation of salespeople and compensation Evaluation of salespeople and compensation Quotas/Targets Major accounts Distribution channels Value added services Value-added services Customer Relations Management Sales support activities Computer-based systems