PES INSTITUTE OF TECHNOLOGY – BANGALORE SOUTH CAMPUS Dept. of MBA Lesson Plan Semester – III Subject Code : 12MBAMM314 Subject Title : Sales and Retail Management Faculty Name : Nagabhushana R No of Lecture + PPT Hours / Week: 04 Practical Component Hour : 01 Total no of Lecture + PPTs: IA Marks: Exam Hours: Exam Marks: Table -1 Session Plan 56 50 03 100 Module No 1 Ses sion No. 1 1 2 1 3 Contents Introduction to sales management Meaning of sales management Concept of personal Objective To understand the importance of sales management various opportunities in various sectors. To understand various dimensions of sales management To understand the Concept of Description Discussion of important figures and facts. Discussion of various dimensions with examples. Discussion on various aspects of Outcome Presenta tion Assign ments / additio nal work Student Learning Evaluation Technique Students should be able to list out various business opportunities in the area of sales keeping in mind changes in technology, political environment, and economic status of various countries. C o v e r a g e 1 1 % Students should be able to list various dimensions and its application. Students should learn specific skills required in personal C u m u l a t i v e Case study of Case analysis ability selling 1 1 1 4 Sales Management Process personal selling. To learn the process of sales management. 5 Emerging Trends in Sales Management To understand various emerging Trends in Sales Management. 6 Qualities and Responsibiliti es of a sales manager. To understand Qualities and Responsibilities of a sales manager. 1 7 1 8 Selling skills & selling strategies: selling and buying styles. To understand various selling and buying styles. selling To comprehend personal selling, its advantages, costs, and other nuances in personal selling. Drawing and discussion on various stages in sales management. Taking up cases of evolving and emerging trends in sales management in different countries/industrie s/organizations. selling, etiquettes, presentation skills, interpersonal skills, and negotiation skills for effective and efficient personal selling. Eureka Forbes question s Students should be able to draw various stages of sales management in specific industries. Students should be able to list various trends in sales management considering changes in technology, environment, organizational structures, and international developments like gloabalization and increased number of MNCs. Discussion of few examples. Students should be able to list Qualities and Responsibilities of a sales manager. Listing and discussing various selling and buying styles, its merits and demerits. Students should be able to draw Students should be able differentiate various selling and buying styles. Listing and Students should be able to Summary of Module 1 learning Assignment#1 2 4 % Group situations, selling skills, selling process 2 2 2 2 various selling situations, selling skills, and selling process. discussing various selling situations, selling skills, and selling process in detail. apply important selling skills required during various selling situations. Students should be able to draw different sales organization structures specific to insurance, healthcare, personal selling, corporate sales, and industrial sales. Sales organizationFactors influencing structure. To understand the important factors influencing sales organization structure. Discussion of different organizational structures in different industries. 10 organizational principle and design key account sales To know organizational principle and to design key account sales. Discussion of organizational principle and method of designing key account sales. Students should be able to design key account sales profile in specific to B-B sales. 11 Sales process automation, emerging organizational designs. To understand the sales process automation and emerging organizational designs. Taking up various examples of sales process automation for discussion. Students should be able to list emerging organizational designs. To understand the concept of sales territory management and sales quota. Explaining importance of sales territory management and sales quota. Students should be able to list advantages of sales territory management and sales quota in specific industries. 9 12 Management of Sales Territory & Sales Quota. presentati on 1 Case study questions Cas e ana lysi s abil ity Quiz Group presentati 2 Case study questions Cas e ana lysi s abil ity 2 2 3 3 13 Sales territory, meaning, size, designing, sales quota, procedure for setting sales quota. To understand the meaning of Sales territory and size. Also to know methods of designing sales quota and procedure for setting sales quota. Discussion on designing sales quota in FMCG and telecom industry. Students should be able to set sales quota for insurance, consumer durables companies like Uni lever ltd., Samsung, and LG. Students should be able to apply the concepts discussed in professional life. 14 Review of Module 1 and 2 To have more clarity of concepts in Module 1 and 2. Discussion of important of concepts and quiz. 15 Recruitment and selection of sales force: To learn steps involved in recruitment and selection of sales force. Discussion on recruitment process of sales force in FMCG companies. Sources of recruitment of sales force To understand various sources of sales force recruitment available. Discussing merits and demerits of various sources of sales force recruitment. To understand the concept of training and its importance. Discussion on different types of training and training methods. Students should be able to apply the concept in real life scenario. To learn designing a sales training To design a sales training Students should be able to design a training programme 16 3 17 3 18 Training: process, types of training and training methods. Designing a sales training Summary of Module 2 learning Students should be able to chart sales force recruitment process for newly starting company in Bangalore catering to Textile garment manufacturers. Students should be able to select best sources of sales force recruitment keeping in mind changes in technology, competition, and product under consideration. Cla ss Par tici pati on Assignment#2 Group presentati on 3 3 8 % Summary of Module 3 learning + 3 3 4 4 programme programme. Case study of Eureka forbes. To understand the training methods being used in Eureka forbes. 20 Case study of HUL. To understand the training methods being used in HUL. Case study discussion. 21 Sales force motivation To understand the importance of Sales force motivation. Discussion on need for Sales force motivation. Students should be able to list advantages of Sales force motivation. 22 Nature of motivation, Importance, Process and factors in the motivation To understand the process and factors in the motivation. Discussion on Process and factors in the motivation. Students should be able to list various methods of motivating sales process. 19 4 23 Compensation: - Meaning, Types compensation plans. 4 24 Evaluation of sales force by To bring out various types of compensation plans being used in corporate sector specific to sales force. To have clarity about evaluation programme for BB sales force keeping in mind various challenges and skills required. Case study discussion. Discussion on types of compensation plans being used in corporate sector specific to sales force. Discussing various for sales force. Assignment#3 Students should be able analyze and interpret the case. Students should be able analyze and interpret the case. Quiz Group presentati on 4 Students should be able to list types of compensation plans being used in corporate sector specific to sales force. Students should be able to Group presentati 5 0 % performance and appraisal process. 3 25 4 26 Review Session – Modules 3 Review Session Modules 4. 27 Case study of Sales force appraisal. 28 Case study of sales force empowerment. 29 Question papers review 30 Question papers review of sales force by performance and appraisal process. techniques being used to evaluate sales force by performance and appraisal process. design appraisal format for sales force. Review important topics in Module 3. Objective test and discussion. Students should have clarity about concepts in module 3. Review important topics in Module 4. Objective test and discussion. Students should have clarity about concepts in module 4. To understand the process of Sales force appraisal. Case study discussion. To understand innovative techniques being used in sales force empowerment. To discuss the important question from previous question papers of VTU. To discuss the important question from previous question papers of VTU. Case study discussion. on 5 Group presentati on – 6 Group presentati on – 7 Students should be able analyze and interpret the case. Students should be able analyze and interpret the case. Discussion of answers for the questions asked. Students should be able to make out the importance of frequently asked questions. Discussion of answers for the questions asked. Students should be able to make out the importance of frequently asked questions. Summary of Module 4 learning - discussion. Assignment#4 Quiz Group presentati on - 8 Table – 2 Presentation Topics Mod No S.No. 1 2 3 4 5 6 7 8 9 Presentation Topic Group presentation 1 – Students Choice Group presentation 2– Students Choice Group presentation 3– Students Choice Eurek Forbes – case presentation - 4 Group presentation 5– Students Choice B-B Selling presentation 6– Students Choice Group presentation 7– Students Choice Group presentation 8– Students Choice Group presentation 9– Students Choice Table – 3 Assignments & Additional Work Mod No 1 2 3 4 5 6 Assignment Topics List of skills required in personal selling Prepare list of sales stages involved in selling insurance Prepare a list of types of training suitable for B-B Sales Design a training programme suitable for sales force in FMCG sector Bring out innovative techniques of motivation for sales force Bring out innovative techniques of appraisal for sales force Table – 4 Case Study Topics Mod No S.No Particulars Eureka Forbes Key Account Management ITC –FMCG Division Sales force training at HUL Table – 5 References & Additional Readings Mod No 1 to 8 1 to 8 1 to 8 1 to 8 1 to 8 1 to 8 1 to 8 S.No. 1 2 3 4 5 6 7 Particulars Sales & Distribution Management - Tapan K. Panda & Sunil Sahadev, 6/e, Oxford University Press. Managing of Sales Force - Spiro Stanton Rich Sales Management: Text and Cases – Ghosh P. K Sales & Retail Management : An Indian Perspective - S.L. Gupta, 1/e, 2007, Excell books. Sales Management - Douglas J. Dalrymple, William L Crowe, John Wiley & Co. Salesmanship and Sales Management - Sahu P. K & Raut K. C, 3/e, Vikas Publishing House. Sales & Distribution Management: An Indian Perspective – Gupta Table – 6 (IA Pattern) Test Marks 60% Presentations 20% Assignments 20%