individual methods. The demonstration is either a group or an individual method‚ depending on whether the audience is a group or an individual. The Lesson This ancient instructional method‚ in use before the invention of printing is used extensively in sales training. Trainees mainly watch and listen‚ although some versions of lecturing permit questions. The Lesson features passive‚ rather than active‚ trainee participation. Its main weakness is that teaching is emphasized more than lea ringing. But a
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Sales Force Selection The sales force is solely responsible for building the bottom line of an organization. It is the only department that brings in revenues & hence must be given due importance in the organizational structure. Selection of the sales force must be a careful process that ensures that top quality salesmen‚ who will exhibit motivation‚ a strong orientation towards results & loyalty to the company. Selection is the process of discovering the qualifications & characteristics
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industry figures serve as a guide for comparison. Too large an inventory may not be justified because the turnover does not warrant investment. On the other hand‚ because products are not available to meet demand‚ too small an inventory may minimize sales and profits as customers go somewhere else to buy what they want where it is immediately available. Minimum inventories based on reordering time need to become important aspects of buying activity. Carrying costs‚ material purchases‚ and storage
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Sales PromotionActivities In NestléBangladesh Ltd Introduction Sales Promotion is a most commonly used phenomenon in today’sbusiness world. It’s two way benefit is that it helps to increasesales as well as it increases customer loyalty. So most of thebusiness firms consider it as an important marketing tools. NestléBangladesh Limited is food and beverage manufacturer. It is thesubsidiary of it’s mother company world’s largest food andbeverage manufacturer Nestlé S.A. Before going to thediscussion
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SALES PLANNING AND OPERATIONS - AN ELECTRONIC COMPANY - F.AASHA NIYAS ID-CT/HND/BM/47/10 Lecturer: Miss NIROSHA SAJEEWANI 15/03/2014 Acknowledgement Initially I would like to thank my Almighty god for giving me courage and gratitude todo this assignment. Any effort at any level can’t be satisfactorily completed without theSupport and guidance of my professor Miss. Nirosha Sajeewani who gave me the golden opportunityTo do this wonderful assignment which also helped me in doing a
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of the day’s sale and keeping track of inventory are done automatically. Statement of Objectives The objective of this system is to lessen the effort handled by each personnel of the company and improve the sales transaction. General Objectives An Inventory system provides businesses with the ability to computerize systematize and collect retail information. Where cash registers‚ including complex register systems‚ have limited information collection capacity‚ inventory and sales systems can gather
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I had been putting off changing from my trusty old cash register to a computerized point of sale system‚ as I was intimidated and daunted by the task. I kept telling myself‚ changing to a new system would not really benefit my business that much‚ and in any event‚ I don’t have the time. A friend of mine‚ who had gone through the process a year earlier‚ was kind enough to sit down with me and share how he had handled the changeover process‚ and some of the tremendous benefits this had provided
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Effective Role Playing in Sales Training Posted on September 25‚ 2012 by John Asher Top salespeople approach their careers in a similar fashion as professional athletes. They practice‚ drill and rehearse all of their skills so that they can execute them without even thinking about it‚ and do not ignore any area of the sales process. It is useless for a salesperson to make a great presentation if she does not know how to close. And closing and getting the money will not lead to referrals unless
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Sales Force Optimization: A Self Assessment Glen S. Petersen Copyright 2011‚ All Rights Reserved Page 1 Sales Force Optimization: A Self Assessment Table of Contents Chapter 1 Introduction................................................................................................................ 3 Chapter 2 Sales Force Optimization........................................................................................... 5 Chapter 3 Trends That Impact Sales Force Performance
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Sales inventory systems are often standardised i.e. A business will adopt a general model for their own use. This means that they are able to track sales of a product and match it against their existing inventory to regulate how much stock they keep to hand and how much it costs them to do so. Obviously this is necessary for any business in order to run efficiently. However‚ adopting a general model means that it may not be optimised for the particular stock/business in question. For example
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