CHAPTER ONE Introduction to Selling and Sales Management WHAT IS SALES MANAGEMENT? ...the management of the corporation’s personal selling function THE SALES MANAGER Prepares budgets Sets goals and objectives Estimates demand and sales Determines sales force size and structure Recruits, selects and trains Designs territories/setting quotas Compensates, motivates and leads Evaluates performance Sells!! THE STAGES OF SALES MANAGEMENT Understanding the personal selling function and its role in the firm Designing the sales organization Developing the sales force Directing the sales force Determining sales force effectiveness and performance THE SALES MANAGER Plans Leads Controls WHAT IS SALES MANAGEMENT? “The planning, implementing, and control of personal contact programs designed to achieve the sales and profit objectives of the firm.” (Text, page 8) THE CHALLENGE OF SALES MANAGEMENT ? THE CHALLENGE OF SALES MANAGEMENT Utilization of different sales channels Globalization of business Emphasis on ethics Longer selling cycles/More decision makers Partnerships Custom-made business solutions Emphasis on quality GLOBAL ISSUES Suppliers, competitors, and customers are located around the world! ETHICAL ISSUES Ethical considerations should be integrated into decisions and not considered after decisions have been made. SELLING CYCLES / MORE DECISION MAKERS Decisions are made not just for today! Involvement of many (Buying teams) PARTNERSHIPS Companies are looking for long term relationships with their vendors CUSTOM MADE SOLUTIONS Buyers do not want “pat” solutions to their problems Sales people must be armed with upto-date information Sales people must be charged with responsibility and authority. EMPHASIS ON QUALITY Total Quality Management (TQM) Sales is a vital link in this process Tenets of TQM • • • • Making continuous improvements Having zero defects Doing it right the first time Employee involvement THE LIFE OF THE SALES MANAGER Travel Paperwork Meetings People Sales Selecting Employees Fire Fighting Market Exposure Managing SALES MANAGEMENT SKILLS Leadership Skills Communication Ability Ability to “See the Big Picture” Ability to Manage Himself/Herself A high level of Ethical and Social Responsibility Empathy and Enthusiasm SALES CHANNELS Personal Selling • Field Selling • Major Account Selling • Network Selling Telemarketing Internet Others…. FROM THE TEXT... Read pages 4 to 24