Preview

Faltoo

Powerful Essays
Open Document
Open Document
1066 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Faltoo
OF

SALES MANAGEMENT

Submitted By: Rubina Rimal
Submitted To: Mr. Subin Shrestha

Date: 09/03/2013

Q. Find out scope u can see being a sales person as your career?

Selling is one of the careers that we choose after our studies. Besides selling there are many options that that we have for careers. Careers depend upon the people’s educational background, interest, and desire. Most of people find selling very interesting, challenging, and satisfactory with huge scope. In simple sentence, selling means exchange of goods or service for an agreed sum of money. Selling is act of communication and persuasion.
If there is a business, there is a selling. Selling is a never ending process of any business. Some sells goods, some sells service and some sells only ideas. Selling is very important for any business management field. Selling is the reason by which a business collects its revenue. A seller sells a product to its customer and receives agreed sum of money in exchange. The main objective of much business is to maximize its profits. There is a simple calculation for calculating profit i.e.
Profit = Revenue – Cost
So, selling is very necessary for any organization to collect revenue and also to meet organization objectives. It also responsible for the growth of business at increases sales with the increase in number of customer. Due to globalization, businesses are to be likely to focus on selling strategies and upgrade its selling technologies. For making an organization successful a good seller is required which makes selling an important and challenging job any people.

Selling is also important because:- 1. Provides a mechanism for exchange. 2. Satisfies customer’s needs and wants 3. Gives employment opportunities. 4. Builds responsibility, and ability to face challenges 5. Helps customers identify products and create opportunity for sales. 6. Deals with needs of each customer through

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Sales staff is an important roll in all organisations, they are the face to the customers they are what drags the customer in and talk them into buying something they are trying to sell, the more sales staff sell the more revenue and profit the company are going to have, that is why it is important for companies to have good sales staff because it makes a impact on the company, this is why some companies try get the best sales staff as possible…

    • 593 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Sales could consist of what they sell in food, clothes, electrical goods, toys, DVD’s, games, home-wear and many more. Sales could be defined as the exchange of goods or services for an amount of money or its equivalent; the act of selling.…

    • 1765 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Sp2750 Unit 3 Answers

    • 1989 Words
    • 8 Pages

    1. Its scope is narrow. 2. The main focus is on the transfer of ownership of the product from the seller to the buyer. 3. Selling activity start after the production of the goods and ends with the sell of the product. 4. Sellers’ satisfaction is emphasised. 5. To earn profit, sales is maximised.…

    • 1989 Words
    • 8 Pages
    Good Essays
  • Good Essays

    Unit 7 M2

    • 2288 Words
    • 10 Pages

    “M3: Compare and contrast the personal selling skills and processes used in two different selling situations”…

    • 2288 Words
    • 10 Pages
    Good Essays
  • Good Essays

    MKT 300 final outline

    • 2149 Words
    • 9 Pages

    Advantages of personal selling: -detailed explanation or demonstration. –variable sales message – directed to qualified prospects – controllable adjustable selling costs – more effective in obtaining sale and gaining customer satisfaction…

    • 2149 Words
    • 9 Pages
    Good Essays
  • Good Essays

    The Inner Game of Selling by Ron Willingham is a book that takes the idea of selling and looks at it from an entirely different perspective that what most people are used to. In fact the author expresses the idea that most of what is taught in college about how to sell is wrong. Ron alludes to the reader that selling techniques such as selling ploys, overcoming objection techniques, nail-downs, tie-downs, etc. are scaring customers away. Ron discusses that he believes selling is controlled more by an inner state of mind than by popular selling techniques that are usually taught. This idea aligns with Henry Ford’s popular quote, “Whether you think you can or can’t, you’re right. Furthermore, the author explains how the power of optimism and detailed diligence can assist any person in defeating obstacles and achieving his or her goals.…

    • 2559 Words
    • 11 Pages
    Good Essays
  • Better Essays

    Selling as an offer of exchange of goods for other items or money exists and accompanies the world’s economy since the very beginning of a human existence. As long as there has been something to sell there have been salespeople taking care of those who might be willing to buy. This occupation requires selling skills as well as specific abilities and characteristics to uncover the needs of potential buyers and cater to those needs (D.Jobber, G.Lancaster, 2009, p.5). This is why selling is rather a complex process using a wide range of techniques and methods (D.Jobber, G.Lancaster, 2009, p.5), which has changed over the years, and because of the influential events. The greatest impacts on evolution of selling can be dated back to late 19 century when the post Industrial Revolution and later on post 1st and 2nd World Wars periods took place. However, it is the post 2nd World War period that is considered to be a start of the biggest changes in selling.…

    • 1481 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Gaps Model

    • 3910 Words
    • 16 Pages

    Customer Gap:  difference between customer expectations and perceptions Provider Gap 1 (The Knowledge Gap):  not knowing what customers expect, want, need Provider Gap 2 (The Service Design & Standards Gap):  not having the right service designs and standards Provider Gap 3 (The Service Performance Gap):  not delivering to service standards Provider Gap 4 (The Communication Gap):  not matching performance to promises…

    • 3910 Words
    • 16 Pages
    Powerful Essays
  • Powerful Essays

    Philip Morris

    • 460 Words
    • 2 Pages

    Philip Morris International Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. Philip Morris International Inc. - SWOT Analysis examines the company's key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.…

    • 460 Words
    • 2 Pages
    Powerful Essays
  • Powerful Essays

    Below the Line Tools

    • 3159 Words
    • 13 Pages

    Personal selling is oral communication with potential buyers of a product with the intention of making a sale. The personal selling may focus initially on developing a relationship with the potential buyer, but will always ultimately end with an attempt to "close the sale"…

    • 3159 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Mercedes Benz

    • 7671 Words
    • 31 Pages

    The recent growth in the luxury car market in India is much more than mere market dynamics in a particular car segment. It is a reflection of the changing lifestyle of the affluent class in the country.…

    • 7671 Words
    • 31 Pages
    Powerful Essays
  • Good Essays

    Marketing myopia Levitt

    • 430 Words
    • 2 Pages

    Levitt talks about misunderstanding differences between selling and marketing, too. He explains that selling is thinking about seller’s need which means converting a product into money, while marketing concentrates on buyer’s needs which include completely different things which are connected with making a product, providing it to a customer, and finally being consumed by a customer (Levitt 1960 p. 50).…

    • 430 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Personal Selling

    • 1752 Words
    • 8 Pages

    Personal selling plays a crucial role in the market based economy. It provides for time, place and possession utility that is the right product at the right time and the right quantity. The objective of the personal selling process is to generate customer satisfaction and build a long-term relationship with them. Personal selling process includes prospecting and evaluating potential customers, preparing to approach, approaching the customers, making a presentation to the customer, handling objections, closing the sales deal and follow up. From this process of personal selling we can see that the result of the effects of personal selling can be seen easily seen normally with the increased sales figures and the relationship built between the organization and its customers compared to other promotional mix like advertising and public relations which are aimed at groups of people some of whom may not be prospective customers. A major disadvantage of personal selling is its costs, which are very high compared to other promotional mix as most business spent more of its money on personal selling, but I disagree that an organization can survive without it as the major objective of any…

    • 1752 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    In the short film by the American Business Videos entitled Basic Selling Skills, Gary Hanson talks about providing the viewers a model for selling company products and services. Selling as described, is a five-step model, a process wherein a salesperson need to know how to establish rapport, uncover needs, present products and solutions, close the deal, and do the follow-on activities in response to the call of his customers.…

    • 574 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Personal Selling

    • 1020 Words
    • 5 Pages

    Personal selling, unlike advertising or sale promotion, involves direct relationships between the seller and the prospect or customer. In a forma sense, personal selling can be defined as a two-way flow of communication between a potential buyer and a salesperson that is designed to accomplish at least three tasks: (1) identify the potential buyer’s needs; (2) match those needs to one or more of the firm’s products or services; (3) on the basis of this match, convince the buyer to purchase the product. Finally, it is a complex communication process, one still not fully understood by marketers. Importance of personal selling The importance of the personal selling function depends partially on the nature of the product. As a general rule, goods that are new and different, technically complex or expensive require more personal selling effort. The salesperson plays a key role in providing the consumer with information about such products to reduce the risks involved in purchase and use. Insurance, for example, is a complex and technical product that often needs significant amounts of personal selling. It is important to remember that for many companies the salesperson represents the customer’s main link to the firm. In fact, the salesperson is the company. Therefore it is imperative that the company take advantage of this unique link. Through the efforts of the successful salesperson, a company can build relationships with customers that continue long. Personal selling is an integral of the marketing system, fulfilling two vital duties: one for customers and one for companies. Lacking relevant information, customers are likely to make poor buying decisions. For example: Doctors would have difficulty finding out about new drugs and procedures were it not for pharmaceutical salespeople. Second, salespeople act as a source of marketing intelligence for management. Marketing success depends on satisfying…

    • 1020 Words
    • 5 Pages
    Good Essays

Related Topics