Chapter 16 Evaluating a Salesperson’s Performance Why should our endeavor be so loved, and the performance so loathed? William Shakespeare Copyright © 2003 by The McGraw-Hill Companies, Inc. All rights reserved. Procedure for Evaluating Salespeople (Fig. 16-1) 1. Establish basic policies 2. Select evaluation bases 3. Set performance standards 4. Compare performances standards 5. Discuss results with salespeople Copyright © 2003 by The McGraw-Hill Companies, Inc. All rights reserved. Output Factors Used as Evaluation Bases (Fig. 16-2) Sales volume Sales volume as a percentage of: Quota Market potential (i.e., market share) Gross margin by product line, customer group, and order size Orders In dollars and in units By products and customers (or customer groups) By mail, telephone, and personal sales calls Number of orders Average size (dollar volume) of order Batting average (orders / calls) Number of canceled orders Accounts Percentage of accounts sold Number of new accounts Number of lost accounts Number of accounts with overdue payment Copyright © 2003 by The McGraw-Hill Companies, Inc. All rights reserved. Quantitative Input Factors Used as Evaluation Bases (Fig. 16-3) Calls per day (call rate) Days worked Selling time versus nonselling Direct selling expense In total As percentage of sales volume As percentage of quota Nonselling time activities Advertising displays set up E-mails/letters written to prospects Telephone calls made to prospects Number of meetings held with dealers and/or distributors Collections made Number of customer complaints received Copyright © 2003 by The McGraw-Hill Companies, Inc. All rights reserved. Qualitative Input Factors Used as Evaluation Bases (Fig. 16-4) Personal efforts of the sales reps Management of their time Planning and preparation for calls Quality of sales presentations Ability to handle objections and to close sales Knowledge Product Company and company policies Competitor’s products and strategies Customers Customer relations Personal appearance and Personality and attitudinal health factors Cooperativeness Resourcefulness Acceptance of responsibility Ability to analyze logically and make decisions Copyright © 2003 by The McGraw-Hill Companies, Inc. All rights reserved. Ratio Measures Sales = Days worked X Days worked X Calls Days worked X Call rate X Copyright © 2003 by The McGraw-Hill Companies, Inc. All rights reserved. Orders Calls Sales Orders X Batting average X Average order A Behaviorally Anchored Rating Scale for Evaluating Team Participation (Fig. 16-5) Rating Numeric Description Rating Behaviors Outstanding 10 Can be expected to go beyond what is normally expected to help the team achieve its goals Above average 8 Can be expected always to cooperate and contribute to the team objectives. Tries hard to help make the team successful. Average 5 Usually willing to cooperate and participate in team efforts. Below average 2 Can be expected to participate in team efforts only to the extent required. Shows no initiative with regard to team efforts. Poor 0 Unwilling to participate. At times may work against team goals. Copyright © 2003 by The McGraw-Hill Companies, Inc. All rights reserved. Evaluation of Sales Reps’ Performance (Fig. 16-6) Joe Jackson Gus Dean Product Line: EquipmentClothing TotalEquipmentClothing Total Total sales (000) $480 $720 $ 1,200 $220 $460 $ 680 Sporting goods stores320 440 760 160 320 480 Ski shops 160 280 440 60 140 200 Total calls made 700 900 Sporting goods stores 300 500 Ski shops 400 400 Total orders taken 500 600 Sporting goods stores 150 450 Ski shops 350 150 Days worked 220 240 Expenses $48,000 $40,000 Miles traveled 60,000 45,000 Total market potential $2.00 $4.00 $6.00 $1.20 $2.40 $ 3.60 (millions) Sporting goods stores1.60 2.40 4.00 0.80 1.60 2.40 Ski shops 0.40 1.60 2.00 0.40 0.80 1.20 Sporting Sporting Goods Ski Goods Ski Stores Shops TotalStores Shops Total Average order $5,087 $1,257 $2,400 $1,067 $1,333 $1,133 Batting average 0.500 0.875 0.714 0.900 0.375 0.666 Calls per day 3.18 3.75 Miles per call 86 50 Expense per sales dollar 4.00% 5.90% Cost per call, excluding commission $68.57 $44.44 Cost per order, excluding $96.00 $66.67 commission EquipmentClothing Total EquipmentClothing Total Total percent of market24.0% 18.0% 20.0% 18.3% 19.0% 19.0% Sporting goods stores20.0% 18.0% 19.0% 20.0% 20.0% 20.0% Ski shops 40.0% 17.5% 22.0% 15.0% 17.5% 16.7% Copyright © 2003 by The McGraw-Hill Companies, Inc. All rights reserved. Evaluation of Sales Reps’ Performance (Fig. 16-6) (continued) Paula Burns Total Product Line: EquipmentClothing Total Equipment Clothing Total Total sales (000) $240 $280 $ 520 $940 $1,460 $ 2,400 Sporting goods stores 100 160 260 580 920 1,500 Ski shops 140 120 260 360 540 900 Total calls made 1,100 2,700 Sporting goods stores 500 1,300 Ski shops 600 1,400 Total orders taken 850 1,950 Sporting goods stores 400 1,000 Ski shops 450 950 Days worked 230 690 Expenses $36,000 $124,000 Miles traveled 35,000 140,000 Total market potential (millions) $1.20 $1.20 $ 2.40 $4.40 $ 7.60 $ 12.00 Sporting goods stores 0.72 0.64 1.36 3.12 4.64 7.76 Ski shops 0.48 0.56 1.04 1.28 2.96 4.24 Sporting Sporting Goods Ski Goods Stores Shops Total Stores Ski Shops Total Average order $ 650 $ 578 $ 612 $1,500.00 $947.00 $1,231.00 Batting average 0.800 0.750 0.773 0.679 0.769 0.722 Calls per day 4.8 3.9 Miles per call 32 52 Expense per sales dollar 6.90% 5.20% Cost per call, excluding $32.72 $ 45.92 commission Cost per order, excluding $42.23 $ 63.59 commission Equipment Clothing Total Equipment Clothing Total Total percent of market 20.0% 23.3% 21.7% 21.4% 19.2% 20.0% Sporting goods stores 13.9% 25.0% 19.1% 18.6% 19.8% 19.3% Ski shops 29.2% 21.4% 25.0% 28.1% 18.2% 21.2% Copyright © 2003 by The McGraw-Hill Companies, Inc. All rights reserved.