Marketing 3345-001 SALES AND DISTRIBUTION MANAGEMENT Charles A. Besio, Jr. Senior Lecturer Fall 2015 2:00 – 3:20 p.m. Tuesday/Thursday Maguire Building Room # 356 Course Materials Course Casebook from Professor Besio Choice of: Must Purchase New “Now Discover Your Strengths”, Marcus Buckingham and Donald O Clifton, Ph.D., Free Press 2001 “Strengths Finder 2.0”, Tom Rath, Gallup Press 2007 Course Objectives To successfully complete this course, each student is expected to: 1. acquire knowledge about the concepts and practices in the selling and sales management functions and relate how sales interacts with other marketing and non-marketing functions; and 2. develop an ability to apply academic concepts to business problems involving the management of the sales function. Note: Extensive studies at Stanford University conclude that Oral Persuasiveness, Social Boldness, Self Confidence, Energy and Sociability are critical characteristics required to achieve success in business. This is especially so in Sales and Sales Management. Improving these skills is a subordinate objective of this course. Your ability to achieve these objectives will be determined through: 1. two written examinations; 2. participation in a student group that will develop a video-taped role play exercise 3. complete a field project interviewing sales people and sales managers culminating in a major written group report and group oral presentations; and 4. class participation. 2 Course Format This course consists of three integrated formats. The first part consists of a combination of lectures on key selling and sales management decisions and case analysis that describe classic sales management issues. As you no doubt know by now, learning from cases depends on a thorough analysis of assigned cases and classroom discussion. Therefore, each member of the class is encouraged to actively prepare for and participate in case discussions. The second part of this course consists of an opportunity to gain greater depth of understanding through a field project. This project calls for contracting with a company of your choice to perform an analysis of selling and sales management issues within specific company and industry. Included in this project will be an industry and company background analysis and interviews with the first-line field sales manager and four sales people. This project is designed to give you a better understanding of the sales position and issues associated with the management of salespeople in a particular company and industry. Obviously, this will be most beneficial to you if the industry and/or company is one in which you are seriously interested in pursuing employment after graduation. The third format is a student role-playing exercise. Groups will videotape the enactment and resolution of a sales management problem. The purpose of these exercises is to give you the opportunity to think about how you would handle an issue that is likely to arise when you become a sales manager. Sales training commonly relies on role-playing and video taping of sales presentation. Furthermore, some researchers argue that these vicarious learning techniques can be more effective than self-learning through direct selling experiences. The class will be asked to form into groups of 4 people. These groups will work together on both the field project and role-playing exercise. You should select group members with whom you can work closely and share similar interest in terms of professional and personal development. Each member is expected to contribute to the performance of the group and of the sponsoring company. In summary, the attempt in this course is to blend theory with practice by discussing the components of selling and sales management and seeing their implementation in the field. At the end of this semester, I hope that you will have a thorough understanding of the selling function in a variety of settings. Most importantly, I hope that you have a better understanding of the opportunities that exist for you in sales and sales management. (Professor Besio reserves the right to change this syllabus without notice.) 3 Assignments The attached course schedule shows the topics to be discussed, reading assignments, cases and project assignments to be discussed each session during the term. You are expected to have prepared a thorough analysis of the case and role-play assignments and to have read assignments prior to the day cases are discussed. Case Analysis: Seven cases are scheduled for discussion throughout the semester. By now you should understand that cases are of little personal value without significant preparation prior to class. You should come prepared to discuss the issue in each case. To help you in your preparation, several questions are given in your text for each case. Everyone should be prepared to answer these questions. You are encouraged to work together with your group in preparing the case and for class. Groups will be selected to present their recommendations on those issues. Role Playing Exercise: Each group will videotape a role playing exercise in which the student examine and provide a solution to a commonly experienced situation in sales and sales management. Each team is responsible for a write–up of its role-play, which includes a script of the role-play. The videotape and the written report are due at the beginning of the class one week prior to the scheduled presentation in class. Further details on the Role Play are described in the back of your Case Book. Field Project: The final report for this project is due on November 12th. Guidelines are available on the scope and organization of the report in the back of your Case Book.. In addition to the written report, oral presentations will be made by the groups on November 12th. The purpose of these reports is to both give you the opportunity to further develop your group presentation skills and to provide you with a greater breadth of information about selling environments by hearing the experiences of other groups. Each presentation will take about 10 minutes. Your attendance is required. Exams: There will be two exams spaced throughout the semester (October 15 and December 03). These exams will test your understanding of the basic terminology and tools in selling and sales management as well as your depth of understanding of important concepts discussed in class. In form the exams will consist of some multiple choice questions, short answers and essays. Participation: You are expected to come to class prepared. This means reading the assigned chapter and/or cases prior to class and accessing the appropriate chapters' PowerPoint slides on the Web. The PowerPoint slides used in class are available to you by accessing my Web site via: http://www.cbesio.cox.smu.edu/mktg3345 Class participation counts 50 points towards your final grade. Your participation grade is impacted more by the quality of your participation than the quantity of your participation. In other words, the mere quantity of comments counts less than consistently thoughtful and informed comments. Regular attendance also impacts your participation grade; if you are not in class, you lose the opportunity to participate in class discussion that day. A class attendance sign-in sheet is circulated at the beginning of each class period. It is your responsibility to make certain you have signed the attendance sheet. It is important to be in class ON TIME. Late arrivals are disruptive to your fellow students and professor. Additionally, walking in and out of class, once class has begun, is disruptive to everyone's learning environment. These kinds of repeated disruptions will count against your participation grade. (Professor Besio reserves the right to change this syllabus without notice.) 4 Grading The purpose of grading is twofold. One is to evaluate your performance for purposes of the academic system. The other (and more important) is to provide you with feedback on your ability to develop, utilize and share your ideas and conclusions concerning the topics and situations covered in this course. Your grade for the course will be based on the following: Exams Group Projects Participation Examination # 1 (Oct. 16) Examination # 2 (Dec. 04) WWYDs (4) Cases (6) Role Play Field Project Attendance and class discussion Total points 100 Points 100 Points 40 Points 120 Points 50 Points 60 Points 50 Points 500 Points Final letter grades will be determined by the following table: A AB+ B BC+ C C- 460-500 450-459 440-449 410-439 400-409 390-399 360-389 350-359 D+ D DF 340-349 310-339 300-309 Below 300 total points Professor Besio understands each student has an objective grade they would like to achieve. He will discuss these objectives and their performance any time during the semester up to and including the last day of class. After the last day of class he will not discuss grades except to inform students of any grades not completed by the last day of class. There will be no exceptions to this policy. Office Information Office: Phone: E-Mail: Hours: 316 Fincher Building (214)717-1864 (Emergencies Only, Texting Permitted) cbesio@smu.edu By Appointment (Professor Besio reserves the right to change this syllabus without notice.) 5 Course Requirements Each student should carefully review the requirements below to ascertain whether he/she would be enrolled in Sales Management at this time: 1. Fundamentals of Marketing completed with passing grades. 2. A strong interest in the field of marketing and some interest in Sales Management. 3. A willingness to work with a group of peers for the mutual solution of a business problem. It is important that each student understands that he/she will, in part, be evaluated by his/her peers regarding performance in the development of the group projects. If you do not care to work in a group with 4 students, or have a heavy course load, you might wish to reconsider taking Sales Management at this time. Disability Accommodations Students who need academic accommodations for a disability must first contact Ms. Rebecca Marin, Coordinator, Services for Students with Disabilities (214-768-4557) to verify the disability and establish for accommodations. These students should then schedule and appointment with the professor to make appropriate arrangements. (See University Policy No. 2.4) Excused Absences for University Extracurricular Activities Students participating in an officially sanctioned, scheduled University extracurricular activity should be given the opportunity to make up class assignments or other graded assignments missed as a result of their participation. It is the responsibility of the student to make arrangements with the instructor prior to any missed scheduled examination or other missed assignment for making up the work. (University Undergraduate Catalogue) Religious Observance Religiously observant students who wish to be absent on holidays that require missing class should notify their professors in writing at the beginning of the semester, and should discuss with them, in advance, acceptable ways of making up any work missed because of the absence. (See University Policy No. 1.9) (Professor Besio reserves the right to change this syllabus without notice.) 6 SCHEDULE OF ASSIGNMENTS Day/Date PART I: AUGUST T 25 TH 27 Topics Assignment SELLING Course Orientation and Handouts Group Selection Intro.ppt Selling in the 21st Century Ethics in Selling and Management Sales Role in the CRM Era.ppt Sales Force Ethics.ppt SEPTEMBER T 01 Sales Position: Sales Presentation The Process of Selling and Buying.ppt TH 03 Major Account Management and Sales Role Play: “Why Me Lord?” ** Building Acct Relationships.ppt M 07 University Holiday – Labor Day T 08 Sales Forecasting Sales Forecasting.ppt The Strategic Role of Information.ppt Group Project Introduction TH 10 Case: Haverwood Furniture, Inc. “A” Casebook Role Play: “Damage Control”** PART II: T 15 ORGANIZING AND BUILDING A SALES PROGRAM Selling Organizations Organizing the Modern Sales Force.ppt TH 17 Case: Haverwood Furniture, Inc. “B” Role Play: “An Offer I Couldn’t Refuse” ** T 22 Territory Development WWYD #1 TH 24 Territory Exercise** Role Play: “Strike Three” T 29 Recruiting and Selection Territory Design.ppt Sales Force Recruitment & Selection.ppt Personal Characteristics and Sales Apptitude.ppt (Professor Besio reserves the right to change this syllabus without notice.) 7 SCHEDULE OF ASSIGNMENTS Day/Date OCTOBER TH 01 Resume Exercise ** PART III: T 06 LEADING AND CONTROLLING THE SALES FORCE Training Sales Training.ppt TH Case: CUTCO Corporation Exam #1 Review 08 Topics Assignments Prepare: Resume Rankings Case Book (Fall Break - October 12-13, 2015) TH 15 Exam #1 T 20 Leadership WWYD #2 Leadership.ppt TH 22 Skills Exercise Role Play: “The Greatest Product Since Sliced Bread” ** Complete Skills Test T 27 Motivation Motivation.ppt TH 29 Role Play: “This is Going to Cost Me My Job” ** NOVEMBER T 03 TH 05 Compensation WWYD #3 Case: Wentworth Industrial Cleaning Supplies Compensation.ppt Case Book T 10 Salesperson Evaluation and Performance Standards Sales Force Evaluation.ppt TH 12 Field Projects Due Role Play: “I Know These Sales Figures Stink” ** Prepare 10 minute presentation T 17 Distribution Management Channels.ppt TH 19 Case: Pyramid Door, Inc Casebook T 24 Logistics Management WWYD #4 Logistics.ppt (Professor Besio reserves the right to change this syllabus without notice.) 8 SCHEDULE OF ASSIGNMENTS Day/Date NOVEMBER Topics Assignments (Thanksgiving Holiday November 26 – 27, 2015) DECEMBER T 01 TH 03 Case: Crafton Industries, Inc. Review Exam II Casebook Exam # II ** Hand-outs you will receive in class. During the semester guest speakers may visit your class. Attendance at Guest Speaker presentations is mandatory and absence will affect your grade in class participation. (Professor Besio reserves the right to change this syllabus without notice.) 9 Appendix A Group Project Guidelines 1. Each group will be made up of four students. You are free to choose your own group and submit their names to me the first night of class. 2. The group will be responsible for finding a sponsoring company for the field projects. The following guidelines are to be used in finding a sponsoring company: a. b. c. d. 3. At least four salespeople who are available for interviews. Each salesperson sells multiple product lines. Salespeople sell to other businesses, either end-users (e.g., IBM, XEROX, etc.) or channels of distribution (e.g., P & G, Colgate, etc.). There must be at least one salesperson with whom you can spend a half day observing an actual sales call(s). Project reports must be typed and turned in on the date specified in the syllabus. Project reports will not be accepted late and the group will receive a zero for the project. (Professor Besio reserves the right to change this syllabus without notice.)