Engineer/Sales Executive Level 2:Sales Supervisor/Territory Manager/Area Manager Level 3:Regional Manager/Zonal Manager Level 4: (All India )General Manager All the above are responsible for Sales in different capacities ROLE OF A SALES MANAGER
Hiring Training Coaching Motivating Setting targets and tracking results RESPONSIBILITIES OF A SALES MANAGER
Recognizing and rewarding
performance Providing leads and sales support Organizing the Sales effort Conducting Sales meetings Allocation of scarce resources RESPONSIBILITIES OF A SALES EXECUTIVE
Identifying potential customers from
available Data Bases Prioritizing and scheduling sales calls to prospective clients Deciding the selling approach- presentation, overcoming objections Executing the orders RESPONSIBILITIES OF A SALE S EXE CUTI VE
Provide pre sales and after sales
service Information gathering and reporting Up gradation of skills Administrative responsibilities-Filing call reports and expenses reports CROSS FUNCTIONAL LINKAGES
Sales and Marketing
Sales and Manufacturing Sales and Logistics Sales and Accounts POLICIES IMPACTING SALES MANAGEMENT
Policies Pertaining to Product
Product Mix Policy-Narrow or Broader? Implications of adding a new product to the existing line Product recall policy Product design policy (To accommodate changing tastes and preferences of customers) POLICIES IMPACTING SALES MANAGEMENT
Policies pertaining to Distribution
Quick replenishment of stocks-No stock outs Maintaining cordial and ethical relationship with channel members Win-Win situation (commissions, advertising support) POLICIES IMPACTING SALES MANAGEMENT
Policies pertaining to Pricing
Three general categories of products - Substitute, Complementary and Neutral products Examples? Cannibalization effect –Maruti A-Star cannibalizing into Maruti Alto’s share. Pricing may have to be reviewed in such situations. LIFE TIME CUSTOMER VALUE
Relationship Vs Transactional marketing
Cost of acquiring a new customer Vs retaining an existing customer Life time revenue Life time cost Life time profitability ACCOUNTS RECEIVABLES
A sale is not complete unless----?
Pressure for achievement of targets should not result in dilution of standards(sub prime lending?) Receivables is very much the responsibility of sales person Extending credit :market compulsion Assessment of credit worthiness of customers ACCOUNTS RECEIVABLES
Secured Vs unsecured credit
LC/Documents through bank/BG Fixing credit limits and monitoring individual accounts Offering Cash discount Periodic review of debtors list Debtors control –one of the KRAs