Tuesday, January 29, 2019
Sales Tools
This is a enunciate to downstairsstand the lineament of single(prenominal) interchange deep down the over tout ensemble merchandising scheme much(prenominal) as forwarding fuse individual(prenominal) and impersonal communication accusatorys of promotional military action, push-pull strategies in somatic gross gross revenue with other(a) promotional activities evaluating promotion wholeocation of promotion figure and Understanding vendee behaviour consumer and organisational acquire finish- qualification. And also this report convolute the region of the gross gross revenue team definition and role of personal exchange types of exchange characteristics and arrive link with LEVIS case study.After reading this report contributor could understand to how to apply the principles of the selling process to a out empower or service such as node-oriented approach objective prospect preparation and rehearsal opening remarks techniques and personal presentatio n fate for acknowledgement and stimulation presentation harvest-feast demonstration and use of visual support handling and pre-empting objections techniques and proposals for negotiation buying signals closing techniques post sale execute record keeping customer relationship trade (CRM)And also reader could be able to understand the role and objectives of gross revenue management such as, Controlling gross gross revenue output purpose and role of the gross revenue reckon performance standards performance against patsys (financial, volume, call-rate, conversion, pi iodineering) appraisals self- expandment plans customer c are.Reader also go away occupy Be able to understand how to plan gross revenue activity for a product or service in ways such sales settings sales channels (retailers, wholesalers, distributors, agents multi-channel and online retailers) importance of mart segmentation business-to-business (BTB) selling industrial selling selling to public authorities sel ling for resale telesales selling services pioneering systems selling selling to project teams or groups foreign selling role of agents and distributors sources, alternative and appointment of agents/distributors agency contracts training and motivating agents/distributors use of expatriate versus local anaesthetic anaesthetic sales personnel role, duties and characteristics of the export sales team coping in different cultural environmentsthe role of ICT in communicating with an international sales team Exhibitions and trade fairs role, types and locations of trade fairs and exhibitions how trade fairs and exhibitions fit in with collective strategy and objectives setting objectives for participation in an exhibition audience compose and measurement qualification and follow-up of exhibition leads evaluation of exhibition attending setting budgets financial assistance or exhibition attention etc.. to a certain extend.Table of Content Personal selling, promotion conflate, vendee behaviour and the decision making process in different situations ,role of sales teams within marketing strategy Role of sales teams within marketing strategy ow sales strategies are developed in line with corporate objectives Importance of enlisting and pickax procedure Role of pauperization, remuneration and training in sales management Sales plan for a levis phallic goon Conclusion Bibliography Personal selling, promotion mix, buyer behaviour and the decision making process in different situations ,role of sales teams within marketing strategy Personal selling is a promotional method in which one party (e. g. , sales rep) uses aptitudes and techniques for building personal relationships with another party (e. g. , those reckond in a purchase decision) that results in both parties obtaining value.In most cases the value for the salesperson is realized through the financial rewards of the sale while the customers value is realized from the benefits obtained by consum ing the product. How of all sequence, getting a customer to purchase a product is not always the objective of personal selling. For instance, selling may be used for the purpose of simply lay offing information. Marketers make unnecessary at their disposal four major methods of promotion. Taken together these defend the promotion mix. Those four promotion methods are 1. Advertising 2. Sales Promotion 3. Public Relations 4. Personal Selling So, Personal selling comes under promotional mix. That means personal selling is a part of promotional mix.In LEVIS case also LEVIS comp all might emphatically use promotional mix and they set up improve the promotional mix by improving personal selling that both aspects take a positive relationship. Buyer behaviour consists of activities/process followed in making any buying decision of goods as well as a service. In LEVIS case buyer behaviour would be 1. Type bingle Traditionalist probably over 45 buys from department stores buys polye ster suits and trousers shops with his wife. 2. Type two Classic Independent a real clothes horse 21% of the market but buys 46% of wool blend suits shops at self-reliant stores has expensive tastes. 3. Type Three Utilitarian wears jeans for carry and leisure 26% of the market a Levis loyalist. 4.Type Four Trendy Casual buys designer spirited fashion labels might buy 501s but usually considers Levis too mass market 19% of the market. 5. Type Five cost Shopper buys the lowest damage product wherever they may be no potential for Levi 14% of the market. There are five types of buyer behaviours and they deplete different types of decision making in different situation. One occasion needs to be highlighted here is that consumer behaviour does not end with purchase of goods or service, but also post purchase activities are include in consumer decision making. The below take care shows the different type of buyer behaviour. Role of sales teams within marketing strategy Marketi ng outline is something that helps companies fulfils Marketing objectives.Marketing objectives help achieve corporate objectives and corporate objectives aim to achieve a competitive advantage over rival validations. Firstly, a Managing director or senior management team, or executive board of directors (who ever is in charge) decides on overall corporate objectives. One corporate objective might be to increase sales by some percentage. In order to achieve this percentage sales team always work towards that. So the role of sales team would be work to corporate objective goals and marketing strategies. LEVIS case study team have adopted to the marketing strategies and LEVIS marketing team responded to this information by deciding to focus on jackets and trousers only for the launch and let suits airstream.The Director of Consumer Marketing stated The thing that is going to overcome Levis image for casual only apparel is a suit do by Levi that doesnt looking like anything else we have ever made. in one case that gets on the racks people leave behind put an asterisk on the image that says Oh, they can also make a good suit when they put their mind to it. So sales responded according to the marketing strategies Soon by and by this decision, salesmen started contacting retail buyers. After 4 months of selling to the trade it was clear sales natess for the range would not be met.A subsequent price reduction failed to redeem the situation and Tailored Classics achieved only 65% of its sales targets. so role of sales team would be always adopted to mass marketing strategy. ow sales strategies are developed in line with corporate objectives Whenever a person wanted to develop sales strategies he/she should always should develop in line with corporate objectives, so, he/she should keep these below mentioned tips onwards they make sales strategies. Do you have the time and resources necessary to move? Can you competitively position yourself to overpower the competitor? Do you have sufficient unique selling points to change the rules and do you have time to accomplish this? Do you have access to the key decision makers to do this? Can you sufficiently quantify your unique selling points to prevent price pressure?Can you neutralize the competitors strengths? Do you have the capacity to deliver? What would it take to make this a viable opportunity? Importance of recruitment and selection procedure The recruitment is a process of finding and hiring the best-qualified campaigner (from within or outside of an organization) for a job opening, in a timely and cost effective manner. The recruitment process includes analysing the requirements of a job, attracting employees to that job, viewing and selecting applicants, hiring, and integrating the new employee to the organization. Importance of the recruitment are listed below * recruitment is the process which links the employers with the employees.Increase the pool of job candidates at minim um cost. * succor increase the success rate of selection process by fall number of visibly under qualified or overqualified job applicants. * inspection and repair reduce the probability that job applicants once recruited and selected will leave the organization only after a short period of time. * Meet the organizations intelligent and social obligations regarding the composition of its workforce. Begin identifying and preparing potential job applicants who will be appropriate candidates. * Increase organization and individual effectiveness of various recruiting techniques and sources for all types of job applicantsRole of motivation, remuneration and training in sales management indigence means Internal and external factors that stimulate desire and energy in people to be continually interested and committed to a job, role or subject, or to make an effort to attain a goal. motif results from the interaction of both conscious and unconscious factors such as the * devotion of desire or need, * Incentive or reward value of the goal, and * Expectations of the individual and of his or her peers. These factors are the reasons one has for behaving a certain way. Role of motivation in sales management is motivate sales people towards saving business to the organization. The most widely recognised method of attracting and retaining marketing employees is through remuneration packages.This is because a good emuneration package can have a positive effect on a persons standard of living. Remuneration refers to silver or substitutes for money. This may include wages, salaries, commissions and bonuses, incentive plans and allowances. The total value of all these items is called a remuneration package. Sales plan for a levis male cap A sales plan LEVIS cap is essentially should be a strategic and tactical plan for achieving market because of the high price objectives. It should be a step-by-step and detailed process that will show how you will acquire new busine ss for LEVIS caps and how you will gain more business from the existing customer base.It involves making and/or exceeding our sales quota within our sales territory how to penetrate to international business. Here are the steps to help you develop a sales plan for LEVIS male caps 1. Segment the target audience The initial step is to clearly identify the target markets. Who are more seeming to buy LEVIS caps. The more defined the target market, the better. Target market can be defined as high-income men ages 30-60 who loves to buy the in vogue(p) electronic gadgets. If the target market is through with(p), the next step is to prioritize the target market to ensure that resources are directed towards your key target market. Prospects are more likely to purchase if LEVIS can talk features of male cap. 2.Cap effort Current trends in industry, and how the business fares with these trends. LEVIS must look at the range of similar products now available, and compare how the product load up to competitor products. Take a bigger picture of the industry and find out prospects. 3. Develop sales strategies LEVIS sales strategies must include determining how LEVIS can reach the sales quota, how can get more sales from existing customers, and how can raise knowingness in the marketplace and community about your business. Your sales strategies also involve making a decision on who is actually going to do the selling. Will you do it skills to do it? how to improve confidence and presentation skill etc 4. Think through sales plan.This is the meat of the sales plan. LEVIS need to write down the sales strategies based on the analysis youve done of your business and what you can do. Will you attend trade shows or do cold calling? Will they use search engine publicize or other forms of online advertising? How they going to reach exactly to target audience? It is important that LEVIS break down the sales strategies into quantitative activities . 5. Measure and improve. A sales plan is not something that LEVIS make and then hide inside the drawer. Should follow the activities and tasks outlined in sales plan. All the planning in the world is worthless if they cannot or do not implement any of it.Keep track of how they are performing vis--vis sales target.. Conclusion This report have explained the role of personal selling within the overall marketing strategy such as Promotion mix personal and impersonal communication objectives of promotional activity, push-pull strategies integrating sales with other promotional activities evaluating promotion allocation of promotion budget and Understanding buyer behaviour consumer and organisational purchase decision-making. And also this report involved the role of the sales team definition and role of personal selling types of selling characteristics and have link with LEVIS case study.Report also explained how to plan sales activity for LEVIS male caps in ways such sales settings sales channels (retailers, w holesalers, distributors, agents multi-channel and online retailers) importance of market segmentation business-to-business (BTB) selling industrial selling selling to public authorities selling for resale telesales selling services pioneering systems selling selling to project teams or groups international selling role of agents and distributors sources, selection and appointment of agents/distributors agency contracts training and motivating agents/distributors use of expatriate versus local sales personnel role, duties and characteristics of the export sales team coping in different cultural environments the role of ICT in communicating with an international sales team Exhibitions and trade fairs role, types and locations of trade fairs and exhibitions how trade fairs and exhibitions fit in with corporate strategy and objectives setting objectives for participation in an exhibition audience profile and measurement qualification and follow-up of exhibition leads evaluation of exhi bition attendance setting budgets financial assistance or exhibition attendance etc..
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