1. Presented to: Ms. Saman Izhar
Presented by: Syed Ahmed Hussain
SALES FORCE
MANAGEMENT
2. Introduction
Although selling is an extremely important function in most organizations, it
does have something of a bad reputation.
This has mainly come about from the kind of hard selling associated with
door-to-door selling.
This image is quite far removed from the majority of selling that takes place
especially in the business-to-business sector.
Much of a salesperson’s time is not actually taken up by selling but with a
variety of other tasks that they have to undertake in order to achieve the sale.
3. Sales Force organization
Sales force organization is the process of allocating and managing
sales resources to meet sales and marketing objectives.
The organization reflects the number of sales representatives and
their skills, the size of the product range, the location of customers
and prospects, and the market sectors in which a company
operates.
4. Sales Force Management
Efforts put forth to attain a company’s sales objectives.
Sales management can involve any of the following activities:
(1) formulation of sales strategy through development of account
management policies, sales force compensation policies, sales revenue
forecasts, and sales plan.
(2) implementation of sales strategy through selecting, training, motivating,
and supporting the sales force, setting sales revenue targets.
(3) sales force management through development and implementation of
sales performance, monitoring, and evaluation methods, and analysis of
associated behavioral patterns and costs
6. Recruitment
It is the process of finding out candidates, who are encouraged to apply.
Selection is the process of choosing some out of many candidates.
Therefore, we can say that selection is recruitment, but recruitment is not
selection.
Selection is the process of rejection of unfits.
Recruitment precedes the selection process.
7. Selection
The process of selecting differs from one company to another. The qualities
expected must match with the job description and the person should be
qualified enough too.
The steps followed for selection is the same in all the places.
Application Blank
Screening
Reference
Personal Interview
Test
Medical examination
Final interview
8. Training
Training is the continuation of selection. After selection, the sales manager
will have two options.
Send him to the work field directly
Send him for training program
It is always advisable to train a person before sending him to the work
floor.
Training means the process of perfecting the salesmen for their work.
It is the organized procedure through which knowledge as well as skill,
for a particular purpose, is acquired.
9. Training Methods
There are five training methods.
1. Class Room / Conference Training
2. Behavioral Learning / Simulations
3. Online Training
4. Absorption / Self learning Training
5. On-The-Job Training
10. Supervising
Directing the sales force
Identify customer targets and set call norms
Develop prospect targets
Ensure efficient use of time and assets
11. Motivation
Mostly believed that the higher the salesperson’s motivation, the greater
the effort and the resulting performance, rewards, and satisfaction-and
thus further motivation.
Sales managers must be able to convince salespeople that they can sell
more by working harder and smarter
Sales managers must be able to convince salespeople that the rewards
for better performance are worth the extra effort.
12. Motivation
In this stage organization identify the attributes that motivates the sales
executive to perform well.
There are two types of incentives given by the organizations
They are
FINANCIAL NON-FINANCIAL
INCENTIVES
14. Evaluating
To know whether the sales executives are achieving the quotas set for them
i.e. sales plans, the reports of their performances are compared against the set
standards.
On the basis of target achieved the conclusions are drawn and accordingly
incentives are announced.
The sales force is to be motivated all the time and trained when required.
16. Compensation
Direct salary:
In this method sales executives are given fixed salary per month.
Direct commission:
In this case the executives will be working on commission basis…e.g : Life
insurance agents or 3rd party sales team
Combined Plans:
It is a mixture of straight salary and straight commission plans. In this
method the sales executives are paid their regular salary plus their commission
on the sales they make.
Eg. BMTC pays their conductors a fixed salary + 2% Commission on the sale
of tickets.
Application Blank: information about the background of the applicant.
Screening: Evaluating a large number of subjects to identify those with a particular set of attributes or characteristics.
Fringe benefits:Compensation in addition to direct wages or salaries, such as company car, house allowance, medical insurance, paid holidays, pension schemes, subsidized meals. Some fringe benefits are regarded part of a taxable income.