Study on Key of Sales Management

Description
Sales management is a business discipline which is focused on the practical application of sales techniques and the management of a firm's sales operations.

Aspects of Sales Management: Key Themes

The Sales Representative
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Research
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Based on types of messages delivered Links between performance and specific traits Statistically inconsistent does not mean links are nonexistent or unimportant Situation-specific approach is necessary Characteristics of customer and salesperson must be considered

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Observations
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The Boundary Role
Communication Communication

Selling org

Sales rep

Buying org

Marketing strategy •Policies •Procedures •Programs

Procurement strategy •Policies •Procedures •Programs

Classification of Sales Jobs
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Missionary
Delivery Order taker Technical sales Demand creation

Managing Sales Tasks
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Factors influencing Sales personnel behavior
Market/account characteristics Customer behavior Marketing strategy Desired behavior of sales personnel

Recruitment and selection

Effort

Training

motivation

evaluation

compensation

Linkages among motivation, evaluation and compensation
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Motivation: personal, territory/account
characteristics, perceived results & rewards Effort: type? Quantity? Results: goals/objectives Evaluation: measurement criteria, process Compensation plan

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A Sales Management Framework
Sales Force Control Systems •Performance measurements •Performance evaluations •Compensation systems •Training

Sales Personnel
•Experience •Competencies •Preferences

Sales Force Environment •Human resource patterns •Communication patterns •Interaction patterns •Management patterns

Selling behavior Sales tasks

Vendor’s marketing strategy

Market/Account characteristics

After the Sale Is Over…

The Product’s Changing Nature
Category Past
Product
Unit Feature Advantages Short

Present
Augmented product
System Technology advantages Long

Future
System contracts
System over time System advantages Lengthy

Item
Sale Value Leadtime

Service
Delivery place Delivery phase Strategy

Modest
Local Once Sales

Important
National Often Marketing

Vital
Global Continually Relationship

When the sale is first made
Seller
Objective achieved Selling stops

Buyer
Judgment postponed; applies test of time Shopping continues

Focus goes elsewhere

Tension released Relationship ended

Wants affirmation that expectations have been met Tension increased
Relationship intensified

Actions that effect relationships
Positive actions
Initiate positive phone calls Make recommendation Use phone Make service suggestions
Talk about ‘our future together’ Accept responsibility

Negative actions
Make only call backs Make justifications Use correspondence Wait for service requests
Talk about making good on the past Shift blame

Building dependencies
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Absence of complaints- surest sign of a bad or declining relationship
Seller can become dependent on buyer Surprises and bad forecasts- symptoms of bad relationships In a proper relationship both the buyer and seller will benefit

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Relationship management
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Requires companywide maintenance,
investment, improvement and even replacement programs Co.s require engg & mfg people to spend time with customers

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The Sperry Corporation- listening campaign

Making it happen
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To manage relationships effectively, managers must meet four requirements Awareness Assessment Accountability Actions Relationship mgt can be institutionalized by
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Role playing seminars and sensitivity training sessions

Thank you



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