Chapter 14 Analysis of Sales Volume It is only through evaluation that value exists: and without evaluation the nut of existence would be hollow. Friedrich Nietzsche Copyright © 2003 by The McGraw-Hill Companies, Inc. All rights reserved. Interrelationship of planning, implementation, and evaluation Planning Set goals Determine strategies & tactics Evaluation Implementation Compare goals and results Organize Explain variances Staff Operate Copyright © 2003 by The McGraw-Hill Companies, Inc. All rights reserved. The Evaluation Process (Fig 14-2) To Find Out: What happened Why it happened Copyright © 2003 by The McGraw-Hill Companies, Inc. All rights reserved. What to do about it 80-20 Principle 80 percent of the orders, customer, territories, or products contributes only 20 percent of the sales volume or profit. Epitomizes misplacement of marketing efforts Copyright © 2003 by The McGraw-Hill Companies, Inc. All rights reserved. Total Sales Figures May Hide Significant Problems (Fig. 14-3) Sales Volume Total Territory A Time (years) Copyright © 2003 by The McGraw-Hill Companies, Inc. All rights reserved. Bases for Analyzing Sales Volume Total Sales Volume Sales by Territories Sales by Products Sales by Customer Classifications Copyright © 2003 by The McGraw-Hill Companies, Inc. All rights reserved. Information Used In Analysis Of Total Sales Volume, Colorado Ski Company (Fig. 14-4) Year 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 Company Volume Industry Volume Company’s Share (in millions) (in millions) of Market $27.0 $360 7.5% 25.2 390 6.4 23.4 360 6.5 20.4 312 7.0 21.0 300 8.2 19.2 234 8.3 19.8 240 8.9 19.2 216 8.9 18.0 180 10.0 15.0 150 10.0 Copyright © 2003 by The McGraw-Hill Companies, Inc. All rights reserved. Analysis of Territorial Sales Volume in five-Territory Western Division, Colorado Ski Company (Fig. 14-5) Market Dollar Index Sales Goals Actual Sales Performance Variation Territory (percent) ($000) ($000) Percentage ($000) A 27% $3,645 $2,700 74% $-945 B 22 2,970 3,690 124 +720 C 15 2,025 2,484 123 +459 D 20 2,700 2,556 95 -144 E 16 2,160 2,070 96 -90 Total 100% $13,500 $13,500 Copyright © 2003 by The McGraw-Hill Companies, Inc. All rights reserved. Analysis of Product Sales Performance in Two Territories, Colorado Ski Company (Fig. 14-6) Territory A ($000) Product Goal Actual Variation Skis $1,629 $1,710 $+81 Accessories 270 234 -36 Pants 900 360 -540 Parkas 846 396 -450 Total $3,645 $2,700 $-945 Copyright © 2003 by The McGraw-Hill Companies, Inc. All rights reserved. Territory B ($000) Goal Actual Variation $1,263 $1,620 $+357 222 360 +138 765 1,080 +315 720 630 -90 $2,970 $3,690 $+720 Sales Force Automation Typically a single part of an overall CRM (Customer Relationship Management) system Analyzes information from a variety of the firm’s different business functions (e.g. sales, marekting, accounting, purchasing, manufacturing). Salespeople are sometimes resistant to SFA initiatives. Copyright © 2003 by The McGraw-Hill Companies, Inc. All rights reserved.