135x Filetype PPTX File size 1.02 MB Source: fac.ksu.edu.sa
Sales Management : Sales management is a business discipline which is focused on the practical application of sales techniques and the management of a firm's sales operations. It is an important business function as net sales through the sale of products and services and resulting profit drive most commercial business. These are also typically the goals and performance indicators of sales management Also known as Sales force Management and maybe also defined as the management of the personal selling component of an organization's marketing program. • Personal Selling: persuasive communication between a representative of the company and one or more prospective customers, designed to influence the person's or group's purchase decision. • A personal presentation by the company’s sales force for the purpose of making sales and building customer relationship THE CHANGE..? The world of professional selling is changing dramatically. Much of this change is driven by shifts in the way customers , particularly business customers, buy products. Important changes: • Customers have become more sophisticated and demanding • Customers want solutions rather than products • Companies are using fewer suppliers • Purchases being made from foreign suppliers • Rapid transfer of technology • Large accounts require more sophisticated selling We now understand ‘The Changes’, now what? • The ‘KEY’ to success is that: The sales force must be able to identify and develop relationships with the high profit potential accounts. • Successful companies will distinguish themselves by the relationships they develop with their clients/ customers What does all this lead us to? This means that managing the sales force becomes more important to the ultimate success of most companies. Sales management will be primarily responsible for what happens when salesperson or selling team meets the customer. • Along with changes in their approach to customers, sales people will change themselves. • They will have more in depth customer knowledge and more sophisticated selling and service skills. • As a result, salespeople will be highly paid, more highly trained, and more skilled professionals.
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