(308A) SALES MANAGEMENT & PERSONAL SELLING OBJECTIVES: 1. To provide an understanding of the concepts‚ attitudes‚ techniques and approaches required for effective decision making in the areas of Sales. 2. To pay special emphasis on the practising manager’s problems and dilemmas. 3. To develop skills critical for generating‚ evaluating and selecting sales approaches. 1. Introduction to Sales Management: Concept‚ Nature‚ Role of Sales Management in Marketing‚ Salesmanship‚ Specific Characteristics
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A Five Stage Personal Selling Process. Stage One - Prospecting. Prospecting is all about finding prospects‚ or potential new customers. Prospects should be ’qualified‚ ’ which means that they need to be assessed to see if there is business potential‚ otherwise you could be wasting your time. In order to qualify your prospects‚ one needs to: Plan a sales approach focused upon the needs of the customer. Determine which products or services best meet their needs. In order to save time‚ rank the
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Showing Enthusiasm for the Product 1Love what you ’re doing when you ’re selling a product. The popular image of a salesperson as someone willing to "sell at all costs" is not the reality across the board in sales. A good salesperson loves sales‚ is motivated by what they ’re selling‚ and transfers this enthusiasm and belief to the customer. Indeed‚ the customer is given options‚ including the one to walk away‚ in order to avoid such undue pressure. Learn how to listen to customers and to
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• | Role of Selling in Modern Business [Topic 1].Attributes of a successful sales person was the main thing that appealed to me within topic one. Self discipline‚ good communication skills‚ hunger for success‚ willingness to learn and passion are all attributes that I believe I have. Aligning these attributes with my own was important as it assured me that I was making the right decision in pursuing a career in professional sales.I have been involved with retail sales for the last seven years‚ including
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Case study: Selling Hope Case Summary State lotteries consider as a marketing challenge. As a legal monopoly‚ they have no competitors which are a major aim of much advertising. The company only remain two objectives which are recruiting new players and encouraging existing player to increase their activity. To aid them in product development and advertising‚ marketers use variety research tools to learn people’s preferences and responses to proposed games. They also engage in target marketing
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the amount of donations. To summarize‚ supporters of organ selling believe that financial benefits might encourage people to donate and should be a normal part of a free enterprise system. Indeed‚ many might believe legalization of the selling of organs is beneficial. However‚ organ markets should continue to stay illegal in the United States because selling is unjust‚ promotes unhealthy greed‚ and devalues human life. Initially‚ selling should not be legalized because it is unjust. For instance
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dy Managerial Economics Coke vs. Pepsi: An Economic Analysis Rebecca Simmons Managerial Economics Dr Sol Drescher December 4‚ 2012 Executive Summary In this case study we will do an economic analysis of two major competitors; Coke® and Pepsi®. We will look at the history of these to competitive giants and discuss how they have evolved over the years to become rivals in the 21st Century. In this case study we
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“What Were They Selling Again?” Introduction Media plays a huge role in society today‚ with sex being a large selling point in many instances. Advertisers have based many of their campaigns not around a product‚ but rather the sexualized figures selling it‚ such as advertisements for Godaddy.com or Carl’s Jr.‚ where often times the product being sold is often a mystery. Amidst all this sexual bombardment‚ I was curious if men and women feel different about sex’s ever present role in our daily
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Pepsi Co vs. Leonard A valid contract is one that contains all of the essential elements that bind it as a legal agreement. In other words a contract must first consist of an agreement between two or more parties. Secondly‚ it must be supported by legally sufficient consideration. Thirdly the agreement must be between parties with contractual capacity. And finally a valid contract must accomplish a lawful object. With the containment of these four elements valid contracts become enforceable by
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units = 677.022178 28‚337.6613/120 units = 236.147177 16‚881.4516/150 units = 112.543011 Profit per cabinet Selling price – material cost/cabinet – labor cost/cabinet - cost per cabinet = 780 – 160 - 240 – 677.022178 = - 297.022178 (loss) Selling price – material cost/cabinet – labor cost/cabinet - cost per cabinet = 570 – 130 – 200 – 236.147177 = 3.852823 (profit) Selling price – material cost/cabinet – labor cost/cabinet - cost per cabinet = 450 – 100 – 160 – 112.543011 = 77.456989
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