UNIVERSITY OF SOUTHERN CALIFORNIA Marshall School of Business Administration Marketing 415 Sales Force Management Spring, 2011 M and W, 2 to 3:50 pm Class Room: Accounting 205 Office Hours: By appointment Dr. Gary L. Frazier The Richard and Jarda Hurd Professor of Distribution Management Office: Accounting 308B Office phone: (213) 740-5032 e-mail: frazier@marshall.usc.edu Course Materials 1. Rosann Spiro, Greg Rich, and William Stanton (2008), Management of a Sales Force, 12th edition, McGraw-Hill. 2. Tom Hopkins (2005), How to Master the Art of Selling, Warner Business Books. 3. Course packet of channel articles and cases. Course Objectives 1. Help you to grasp major principles of personal selling, sales force management, and channel management; 2. Assist your problem solving skills; 3. Discuss current and future issues of importance in the marketing arena; and 4. Help prepare you for a business career. My Background I have focused my teaching, research, and consulting on marketing channels over the past thirty years. I have frequently published in the top marketing journals. In fact, I am one of the top contributors of all time to the Journal of Marketing, a leading marketing journal established in 1936. Further, I have been fortunate to win several awards for my teaching over my career. I am currently one of two Co-Editors of the JM. I become Editor of the JM effective 7-1-2011. I have consulted and provided expert witness testimony for a number of major corporations on marketing strategy and channel management over the years, including Adams’ Golf, Anheuser-Busch, Arctic Cat, AT&T, Bergen Brunswig, Big 5 Sporting Goods, Calphalon, Carnation, Coca-Cola, General Electric, General Motors, Gillette, Harley Davidson, Hasbro, Hewlett-Packard, Honeywell, IBM, Intel, Lipton, MasterCard International, Merck, Micron Electronics, Microsoft, 3M, New York City, Northrop, the Oakland Raiders, Planet Hollywood, Playtex, Samsung, Sirius Radio, Stop Staring!,Taco Bell, Texas Instruments, Toyota, TRW, UPS, Visa International, Wal-Mart, and Weyerhaeuser. Course Format I use a combination of lectures, class discussions, cases, and guest speakers. I encourage a lot of interaction in class, as I follow the following teaching principle: “Tell me and I’ll forget. Show me and I might remember. But INVOLVE me and I will understand.” I need every one prepared for each class. I do cold call students. Every student must participate in class discussions over the course of the semester. Course Guidelines 1. Come to class and be on time as much as possible. 2. Do the assignments. 3. Be courteous when someone else is speaking. Avoid side conversations as much as possible. 4. Participate in class discussions. Do not be afraid to disagree. 5. Bring a name card to class every day and place it in front of where you are sitting. 6. No use of cell phones, lap-tops, texting, or reading of newspapers-periodicals during class. Focus on what we are doing. Performance Appraisal % of grade 1. Exam on personal selling 30% 2. Exam on sales force and channel management 30% 3. Group project on Philip Morris 30% 4. Class participation 10% Class Participation I evaluate the value of your participation on a scale from 0 to 3. Your grade on class participation is based on your contribution to student understanding and learning about marketing and channel management. Your participation in case discussions is important. Exams The exams will be essay in nature to test your understanding of class concepts and principles. 2 Altria Group Project Groups of students will compete against one another in a case competition sponsored by Altria. Each group will make a 15 minute presentation of their project during the semester. The final power-point presentation is due during finals’ week. Guidelines for Case Analyses Read each case carefully and focus on key facts. Then, decide on what is the major problem or decision facing the company. In some cases, identifying the major problem or decision will be easy; in others, it will be more difficult. Then focus on the key action that will help solve the problem or make the decision to the highest degree (e.g., a sales training program for dealers). The key action should be well developed in terms of its components and how it should be implemented. Further, carefully explain “why” you feel your key action will effectively address the problem or decision. In other words, a rationale for your key action must be provided. Course Outline Date Topic Jan. 10 Overview of the class Jan. 12 Marketing, types of selling, and sales management Assignment (if any) Text: Chapters 1 and 2 Reading: “From Branded Bulldozers …” Jan. 17 Holiday Jan. 19 The end customer Text: Chapter 7 Reading: “The Customer has Escaped” Case: The Mores Buy … Jan. 24 Brand equity and the end customer Case: Coca-Cola … in Brazil Case: 3M Canada (skim the case) Jan. 26 Account management Case: Siebel Systems (A), (B), and (C) Jan. 31 Guest Speaker: Lindsey Levine, Sales Manager, Altria 3 Feb. 2 The personal selling process Text: Chapter 3 Hopkins: Chapters 1 through 5 Feb. 7 Personal selling Hopkins: Chapters 6 to 11 Feb. 9 Personal selling Hopkins: Chapters 12 to 17 Feb. 14 Personal selling Hopkins: Chapters 18 to 23 Feb. 16 1st Exam, Personal Selling Feb. 21 Personal selling and Altria project Feb. 23 Guest Speakers: Sanah Chung and John Barnes, Financial Advisors, Smith-Barney Feb. 28 Sales organization and deployment Text: Chapters 4 and 13 Case: 4-2, p. 121 Case: 13-1, p. 407 Mar. 2 Planning, recruiting, and selecting Text: Chapters 5 and 6 Case: 5-2, p. 156 Case: 6-2, p. 188 Mar. 7 Training of the sales force Text: Chapter 7 Case: 7-2, p. 221 Mar. 9 Sales force compensation Text: Chapters 9 and 10 Case: Eureka Forbes Mar. 14 and 16 Spring Break Mar. 21 Performance evaluation Text: Chapters 14, 15, 16 Case: Sales Force Integration at FedEx (A) and (B) 4 Mar. 23 Managing a global brand Case: Colgate Mar. 28 Guest Speaker: Lindsey Levine, Altria Mar. 30 The introduction of new products Case: Aqualisa Quartz Apr. 4 Managing dealer relationships Case: Callaway Golf Apr. 6 Managing distributor relationships Case: Soren Chemical Apr. 11 Altria Group Presentations Apr. 13 Altria Group Presentations Apr. 18 Channel evolution and incentive alignment Apr. 20 Franchising Apr. 25 2nd Exam, Sales Force and Channel Management Apr. 27 Class party at the Radisson Hotel, McKays’ Case: Cisco Systems Case: Lululemon The course project needs to be emailed to me by 5 pm on the scheduled day of the final exam during finals’ week. 5