COURSE SYLLABUS Course name: Principles of Selling Course code: MRKG 2333 Class: PSEL CRN: 65779 Semester: Spring 2013 Campus & Room: Saigon Tech Tower, room Day & Time: Saturday 1.00pm-4.10pm Total course contact hours: 48 hours Course length (number of weeks): 16 weeks Type of instruction: Lecture Instructor: Nguyen Thi Mai Anh Phone: (+84) 986 325 617 Email: anhntm87@saigontech.edu.vn Office hours: N/A I. COURSE DESCRIPTION The Course provides fundamental knowledge for those who are simply interested in the selling position in a business environment, as well as sales competencies for those interested in pursuing a career in Sales and Marketing department. Specific objectives include the following: 1. Develop a personal selling philosophy that incorporates the marketing concept. 2. Develop a relationship strategy that creates customer value in an ethical context. 3. Develop a product strategy that incorporates creative product solutions that add value. 4. Develop a customer strategy that addresses buyer behavior. 5. Develop a customer presentation strategy that adds value. 6. Explain the process of self management. 7. Demonstrate the sale process by conducting a simulated sales call. 8. Build confidence in your ability to quickly assess key issues and opportunities in a variety of situations, and then add value to clearly articulating your insights both orally and in writing. 9. Provide an enjoyable and intellectually stimulating environment to test new skills and thinking: to learn & have fun. II. INSTRUCTIONAL MATERIALS Text: Manning, L. Gerald, Reece, L. Barry, & Ahearne Michael (2010). Selling Today, Creating Customer Value (11th Ed.). New Jersey: Pearson Prentice Hall. III. COURSE STUDENT LEARNING OUTCOMES (SLOs): 1. Define the selling process and its application to all forms of sales. 2. Identify the elements of the communication process between buyers and sellers in business. 3. Examine ethical issues and legal restrictions of business which affect salespeople. IV. STUDENT LEARNING OUTCOMES (SLO) AND LEARNING OBJECTIVES (LO) Student Learning Outcomes Learning Objectives (LO) (SLO) 1. Define the selling process and its application to all forms of sales. 1.1 Personal selling – A definition and a philosophy and the Marketing concept (Chap 1) 1.2 Personal selling opportunities in the Age of information (Chap 2) 2. Identify the elements of 2.1 Developing a relationship strategy: creating value with a the communication relationship strategy (Chap 3) and communication styles – a key process between buyers to adaptive selling today (Chap 4) and sellers in business 2.2 Developing a product strategy: creating product solutions (Chap 6) and product-selling strategies that add value (Chap 7) 2.3 Developing a customer strategy: the buying process and buyer behavior (chap 8) and developing and qualifying a prospect base (Chap 9). 2.4 Developing a presentation strategy: Approaching the customer with adaptive selling (Chap 10) Creating the consultative sales presentation (Chap 11) Creating value with the sales demonstration (Chap 12) Negotiating buyer concerns (Chap 13) Adapting the close and confirming the partnership (Chap 14) 3. Examine ethical issues and legal restrictions of business which affect salespeople. V. COURSE POLICIES 1. Attendance Servicing the sale and building the partnership (Chap 15) 3.1 Ethics: The foundation for relationships in selling 3.2 Opportunities productivity management: the key to greater sales Students are expected to attend classes regularly, and to be on time for every class period. Students can be dropped from a class due to excessive absences. Excessive tardiness may be considered absences. Students are responsible for subjects, assignments, and projects covered during their absences. 2. Academic honesty Scholastic dishonesty is treated with the utmost seriousness by the Instructor and the College. Academic dishonesty includes, but it is not limited to the willful attempt to misrepresent one’s work, cheat, plagiarize, or impede other students’ scholastic progress. Consult the Student Handbook for more details. 3. Students with Disabilities Any student with a documented disability (e.g. physical, learning, psychiatric, vision, hearing, etc.) who needs to arrange reasonable accommodations must contact the Student Health Center at his / her respective college at the beginning of each semester. Faculties are authorized to provide only the accommodations requested by the Student Health Center. For additional information, visit http://saigontech.edu.vn/saigontech/english/service.jsp?subid=30 4. Cellphones All cell phones must be muted, set to vibrate, or turned off during class. Cell phone activity during class is deemed disruptive to the academic process and will not be tolerated. If you need to make or receive an emergency call, please leave the classroom. 5. Calculators and electronic devices If the course allows the use of a calculator during class, lab projects, and exams, the student is responsible to bring his/her calculator. Cell phones are not calculators, and are not allowed to be used for that purpose during class, tests, or exams. Other electronic devices such as electronic dictionary can be used during class. 6. Student ID Students are required to obtain a Student ID. For additional information, consult the Student Handbook. Parking Rules and Regulations Students are required to follow Saigontech’s regulations regarding parking and permits. For additional information, visit http://saigontech.edu.vn/saigontech/english/student_discipline.jsp?subid=42 7. Books, Tools and Supplies Students are required to purchase and bring to class the required textbooks, tools, notebooks, supplies, and writing instruments as required by the Instructor. For additional information, visit http://saigontech.edu.vn/saigontech/textbooks/Textbook_Spring2012.htm 8. Dress code Dress code must be appropriate for the class. Students must dress in a way that clothing and accessories do not compromise their safety, and the safety of others. Proper footwear is required in all laboratories. Absolutely no sandals or other footwear that exposes the feet will be allowed. 9. Classroom & Laboratory Conduct Proper behavior is expected in all classes and laboratories. Foul language and horseplay are not allowed. Making or receiving cell phone calls during class are not allowed. Sleeping in class is not allowed. 10. Course withdrawal It is the responsibility of the student to officially withdraw from a course before the official withdrawal deadline. A student who does not withdraw from a course by the deadline will receive an “F” as the final grade. Also note that under Section 51.907 of the Texas Education Code, an institution of higher education may not allow a student to drop more than six courses. 11. Late submission A deduction of 10% (ten percentages) per day will be applied to any late submissions of cases, assignments, reports, financial project, etc. This rule is in place to ensure fairness among students. 12. Extension Extension to deadlines are not normally but can be granted. Students must apply for extensions in advance before the assignment due date with appropriate reasons and the instructor may consider such relevant reasons to allow the extensions. 13. Make-up test Tests cannot be made up EXCEPT for serious illness or emergency without informing the instructor permission. 14. Students at risk Student who fails an assessment task or is at risk of failing the course will have a discussion with the instructor. If necessary the instructor will further assist such student in the remaining assessment tasks to help student improve his/her performance. VI. STUDENT ASSESSMENT TASKS 1. Group project: the class will be divided into groups of 2-3 students and each group will have to pick a company, a brand name or a product/ service to work for the project. The company has to be well-known, so that people are well-acknowledged about its popularity. For the 1st half of the semester, your job is to do a situational analysis of the brand/ company/ product and then identify its key issue. In the 2nd half of the semester, you will start to collect the database according to the issue and how to solve it successfully based on the data collected and tools provided in the textbook. Detailed information will be provided in the script for your assignment. Remember: the sample should not be less than 30. 2. In-class exercises: Multiple choice tests will be given after class via Moodle (2% for each). More than 5 multiple choice tests will be posted. However, 5 highest grades will be taken. Some inclass exercises will be done in class in order to get bonus marks. 3. Group essay/ presentation: Students will form into teams with the direction from the instructor about size and composition. Each team is required to present about the 2 case studies. Each presentation will be around 15 minutes, plus 5 minutes question and answer. 4. Midterm exam: closed book exam that includes multiple-choice questions and essay will be held in-class. 5. Final exam: closed book exam that includes multiple-choice questions and essay will be held inclass. VII. GRADING SCHEME Grading will be based on student assessment tasks, class attendance, class participation, group discussion and case study. Points are accumulated throughout the semester. Attendance In-class Exercises Group essay/ presentation Midterm exam Final exam 10% 10% 20% 30% 30% The final grade will be evaluated based on the final score as below: Grade A B C D F VIII. WEEK Final Score 90-100 80-89 70-79 60-69 0-59 The passing grade of this course is D. COURSE CALENDAR DATE 1 2 26/01 02/02 3 23/02 4 02/03 5 09/03 6 7 8 16/03 23/03 30/03 CONTENT Course Introduction and Orientation PART I: DEVELOPING A PERSONAL SELLIG PHILOSOPHY Chapter 1: Personal Selling and the Marketing concept Chapter 2: Personal selling opportunities in the age of information PART II: DEVELOPING A RELATIONSHIP STRATEGY Chapter 3: Creating value with a relationship strategy Chapter 4: Communication styles: A key to adaptive selling today PART III: DEVELOPING A PRODUCT STRATEGY Chapter 6: Creating product solutions Case study & group presentation Chapter 7: Product-selling strategies that add value Case study & group presentation PART IV: DEVELOPING A CUSTOMER STRATEGY Chapter 8: The buying process and buyer behavior Chapter 9: Developing and qualifying a prospect base Case study & group presentation Exam revision MIDTERM EXAM – Chapters 1, 2, 3, 4, 6, 7, 8, 9 9 06/04 10 13/04 11 20/04 12 27/04 13 14 15 16 04/05 11/05 18/05 25/05 IX. PART V: DEVELOPING A PRESENTATION STRATEGY Chapter 10: Approaching the customer with adaptive selling Chapter 11: Creating the consultative sales presentation Case study & group presentation Chapter 12: Creating value with the sales demonstration Case study & group presentation Chapter 13: Negotiating buyer concerns Chapter 14: Adapting the close and confirming the partnership Case study & group presentation Chapter 15: Servicing the sale and building the partnership Chapter 16: Opportunity management: The key to greater sales productivity Case study & group presentation Exam revision FINAL EXAM – Chapters 10-16 Chapter 5: Ethics – The foundation for relationships in selling EXAM FORMAT SAMPLE Exam Exam Type Midterm Online-Multiple Choice (on Computer) Essay (on Paper) Online-Multiple Choice (on Computer) Excel test Final Open/Closed book Closed Number of Questions 30 Duration (minutes) 40 Points Chapters 30 Chapter 2, 3, 4, 6, 7, 8 Closed 2 80 70 Closed 3 40 30 Chapter 2, 3, 4, 6, 7, 8 Chapter 9, 10, 11, 13, 15 Closed 1 database 80 70 Chapter 16, 17, 18