Lecture 1&2- Unit I - SDM

Embed Size (px)

Citation preview

  • 8/3/2019 Lecture 1&2- Unit I - SDM

    1/15

    Sales and Distribution

    ManagementUnit I : Sales Management & Personal Selling

    Prof. Arun MishraMobile: 9893686820

    Email: [email protected]

  • 8/3/2019 Lecture 1&2- Unit I - SDM

    2/15

    The Customer is King.

  • 8/3/2019 Lecture 1&2- Unit I - SDM

    3/15

    Sales Management

    If you believe that the customer isking then the second most importantperson in this kingdom must be the

    one who has a direct interaction on adaily basis with the king.Michael Bon,

    Chairman & CEO, France Telecom.

  • 8/3/2019 Lecture 1&2- Unit I - SDM

    4/15

    Introduction to Sales Management

    Sales management has been defined asthe management of a firms personalselling function while distribution is themanagement of the indirect selling effort

    i.e. selling through extra corporateorganizations which form the distributionnetwork of the firm.

    The sales management task thus includesanalysis, planning, organizing, directing andcontrolling of thecompanys sales effort.

  • 8/3/2019 Lecture 1&2- Unit I - SDM

    5/15

    Definition of Sales Management Sales management is defined as the planning,

    direction and control of personal selling, includingrecruiting, selecting, equipping, assigning, routing,supervising, paying and motivating as these tasksapply to the personal sales force.

    American Marketing Association.

    Sales management is the attainment of salesforce goals in an effective and efficient manner

    through planning, training, leading, and controllingorganizational resources.

  • 8/3/2019 Lecture 1&2- Unit I - SDM

    6/15

    Definition of Personal Selling

    Direct communication between paidrepresentatives and prospects that lead totransactions, customer satisfaction, accountdevelopment, and profitable relationships.

    Involves two-way, personal communicationbetween salespeople and individual customerswhether:

    FACE TO FACE, BY TELEPHONE,

    THROUGH VIDEO CONFERENCING

  • 8/3/2019 Lecture 1&2- Unit I - SDM

    7/15

    Positions of Personal Selling andSales Management in the Marketing Mix

    Planning MotivatingBudgeting CompensatingRecruiting and selecting Designing territoriesTraining Evaluating performance

    Marketingmix

    Products Prices Promotion Distribution

    Advertising Publicrelations

    Personalselling

    Salespromotion

    Internet

    Salesmanagement

  • 8/3/2019 Lecture 1&2- Unit I - SDM

    8/15

    Objectives of Sales Management

    Generate sales and earn revenue Providing Profitability

    Improving Market Share Improving Corporate Image

  • 8/3/2019 Lecture 1&2- Unit I - SDM

    9/15

    Importance of Personal Selling and SalesManagement

    The only function / department in a company thatgenerates revenue / income

    The financial results of a firm depend on theperformance of the sales department /

    management Many salespeople are among the best paid

    people in business

    It is one of the fastest and surest routes to the topmanagement

  • 8/3/2019 Lecture 1&2- Unit I - SDM

    10/15

    Roles and Skills of a Modern SalesManager

    Some of the important roles of the modern salesmanager are:

    A member of the strategic management team

    A member of the corporate team to achieveobjectives

    A team leader, working with salespeople

    Managing multiple sales / marketing channels

    Using latest technologies (like CRM) to build superiorbuyer-seller relationships

    Continually updating information on changes inmarketing environment

  • 8/3/2019 Lecture 1&2- Unit I - SDM

    11/15

    Skills of a Successful Sales Manager

    People skills include abilities to motivate, lead,communicate, coordinate, team-orientedrelationship, and mentoring

    Managing skills consist of planning, organizing,controlling and decision making

    Technical skills include training, selling,negotiating, problem-solving, and use ofcomputers

  • 8/3/2019 Lecture 1&2- Unit I - SDM

    12/15

    Types of Sales Managers / Levels ofSales Management Positions

    CEO /President

    V. P. Sales /V. P.

    Marketing

    National SalesManager

    Regional / Zonal /Divisional

    Sales Managers

    District / Branch / Area SalesManagers

    Sales Trainee / Sales Person / SalesRepresentative

    First / Lower Level SalesManagers

    Middle-Level Sales Managers

    Top-Level Sales Managers /Leaders

  • 8/3/2019 Lecture 1&2- Unit I - SDM

    13/15

    Sales Management & Control The purpose of controlling the personal selling

    effort is to ensure the attainment of objectives ofSales Department.

    The phases of control includes:

    Sizing up the situation

    Setting quantitative performance standards

    Gathering and processing data on actual performance

    Evaluating the performance

    Action to correct controllable variation Adjusting for unaccountable variations

  • 8/3/2019 Lecture 1&2- Unit I - SDM

    14/15

  • 8/3/2019 Lecture 1&2- Unit I - SDM

    15/15