Professional Documents
Culture Documents
INTRODUCTION TO SALES
Sales: Basic function of sales is to generate revenue for the company. ...
The role of selling within the marketing concept is to help a customer make a
purchase, as opposed to persuading the customer to make a purchase.
A sale is a transaction between two or more parties in which the buyer receives
goods—either tangible or intangible—services, and/or assets in exchange for
money or in some cases, other assets paid to a seller.
The simplest way to think of the nature and role of selling (traditionally called
salesmanship) is that its function is to make a sale.
The term selling encompasses a variety of sales situations and activities. For
example, there are those sales positions where the sales representative is required
primarily to deliver the product to the customer on a regular or periodic basis. The
emphasis in this type of sales activity is very different from the sales position
where the sales representative is dealing with sales of capital equipment to
industrial purchasers.
https://www.aabu.edu.jo/tool/course_file/lec_notes/502311_Chapter%201.pdf
Strengths and weakness of personal selling
PERSONAL SELLING
Personal selling is where businesses use people (the "sales force") to sell the
product after meeting face-to-face with the customer. The sellers promote the
product through their attitude, appearance and specialist product knowledge. They
aim to inform and encourage the customer to buy, or at least trial the product.
1. Customer retention and deletion: many companies find that 80 per cent of their sales
come from 20 per cent of their customers. This means that it is vital to devote
considerable resources to retaining existing high volume, high potential and highly
profitable customers.
2. Database and knowledge management: the modern salesforce needs to be trained in
the use and creation of customer databases, and how to use the internet to aid the
sales task (e.g. finding customer and competitor information).
3. 3. Customer relationship management: customer relationship management requires
that the salesforce focuses on the long term and not simply on closing the next sale.1
The emphasis should be on creating win–win situations with customers so that both
parties to the interaction gain and want to continue the relationship. For major
customers, relationship management may involve setting up dedicated teams to
service the account and maintain all aspects of the business relationship.
4. Marketing the product- The role of the salesperson is expanding to participation in
marketing activities such as product development, market development and the
segmentation of markets, as well as other tasks that support or complement marketing
activities such as database management, provision and analysis of information, and
assessing market segments.
5. . Problem solving and system selling: much of modern selling, particularly in business to
business situations, is based upon the salesperson acting as a consultant working with
the customer to identify problems, determine needs and propose and implement
effective solutions.4for example, that to sell door handles to a company like Ford a
supplier must not only be able to sell a door system that includes door handles as well
as locking and opening devices but also have a thorough knowledge of door
technology, and the ability to suggest to Ford solutions to problems that may arise.
Definition:
According to W.G Carter, “Salesmanship is in attempt to induce people to buy
goods.”
Importance of Salesmanship:
6. Important to Producers: For pushing products into the competitive
market, salesmanship is necessary. Salesmen work as the “eye and
ear” for the manufacturers.
7. 2. Important to Consumers: Salesmanship increases the rate of
turnover, and hence reduces unsold stock. As such it minimizes the
economic stagnation. Consumers can select the best products
according to their requirements, taste and money.
Duties of a Salesman:
1. The principal duty is to make sales of products or services.
Type of Salesmen:
1. Manufacturer’s Salesmen:
(a) Missionary Salesmen: They are also known as Creative Salesmen or Pioneer
Salesmen. They call on distributors- wholesalers, retailers, customers, in order to
educate, train and induce them to promote the products.
b) Merchandising Salesmen:
They assist dealers by giving suggestions on display, store- layout, service facility
etc
3. Retail Salesmen:
They are of two types: 1. Indoor salesmen and 2. Outdoor Salesmen. Indoor
salesmen work within the store—counter sales over the counter.
Outdoor salesmen may also be called travelling salesmen. Their main job is to
make regular travels, visit customers, canvass orders etc.
4. Specialty Salesmen:
They are to sell specialty products-expensive durable goods, furniture, books,
house furnishings, washing machines, automobiles, refrigerators etc.
http://www.yourarticlelibrary.com/salesmanship/salesmanship-definition-
importance-duties-and-types/50988
SALES MANAGER
A sales manager is the person responsible for leading and coaching a team of
salespeople. A sales manager's tasks often include assigning salesterritories,
setting quotas, mentoring the members of her sales team, assigning sales training,
building asales plan, and hiring and firing salespeople.
QUALITIES OF A SALES MANAGER
1) Passion. This is also one of the top qualities of a master closer and the only one
that can't be taught. ...
2) Integrity. Combined with passion, these are the two most important qualities for
a sales manager. ...
3) Positive attitude. ...
4) Coaching. ...
5) Leadership by example. ..
THEORIES OF SELLING
The theories of selling emphasizes on “what to do” and “how to do” rather than
“why”. There are four theories of selling such as:
SALES MANAGEMENT –
http://www.easymbastudy.com/sales-management/
PROCESS- The sales management process monitors and measures each staff
member's ability to either support sales or do the actual selling to customers. An
effective sales management strategy includes setting goals, providing sales support
and training, creating or updating the sales strategy, and monitoring results.
Profit maximization.- From the company point of view, profit maximization is the
general objective of sales Management. Top management is accountable for
maximum profit. But regarding profit maximization, it delegates powers and
function to marketing management, which then delegates it, to sales management
with sufficient authority to achieve this objective.
Strong planning.- A plan is a blueprint for future action. The success of an action
depends on suitable planning. The sales management formulates concrete, useful
and effective plans, including objectives, forecasting, budgeting strategy,
programming and controlling. The plans should be specific and property classified
in relation to time, objectives and budget.
Formation of Organization. -The sales plan And its projections cannot be Realized
unless they move ahead with sales organization. The term organization has two
distinct meanings.
Important for sales force management. sales management is very important for sale
force management. sales force management is a specialized type of personnel
management.