2.
is
•
Sales Management as defined by American Marketing Association —
Planning, direction and control of Personal selling including
recruiting, selecting, equipping , assigning, routing, supervising, paying and
motivating as these task apply to personal Sales force.
The planning, implementing and control of personal contact programs designed to
achieve the sales and profits of the firm.
3. From the Company View point, there are three general objectives
of Sales Management
Sales Volume
Contribution To Profits
Continuing growth
Relationship between Sales Management & Financial results :
Sales – cost of sales
= Gross Margin
Gross Margin – expenses = Net Profit
4. Why is it necessary to coordinate sales activities with other departments ?
the product/service which is the final output of any organization is to be ultimately sold by the
Sales Personnel.
Sales Executives at all organizational levels have some responsibility for coordinating.
They coordinate with:
Production Department
Advertising Department
Human Resource Department
Coordination with Distributive Network :
- Gaining product distribution
- Obtaining dealer identification
- reconciling business goals
- Sharing promotional risk
5. Phases of Control (either in sequence or simultaneously)
Sizing up the situation (Personal selling Objectives of the firm)
Setting Quantitative performance standards
Gathering & processing data on actual performance
Evaluating performance
Action to correct controllable variation
Adjusting for uncontrollable variation
6. Formal Control
Policy formulation & Review
Formal control over sales volume
Budgetary Control