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Sales Management: Shaping Future Sales Leaders Introduction to Sales Management Chapter 1 1-2 CCooppyyrriigghhtt ©© 22000099 PPeeaarrsosonn EEdduucacattiioonn,, IInnc.c. PPuubblliishshiinngg aass PPrreennttiiccee HHaallll.. Learning Objectives Define strategy hierarchy and understand how sales and marketing strategies affect overall strategy Identify different types of selling strategies and how the selling process varies Describe the sales management process and responsibilities and activities of sales managers 1-3 CCooppyyrriigghhtt ©© 22000099 PPeeaarrsosonn EEdduucacattiioonn,, IInnc.c. PPuubblliishshiinngg aass PPrreennttiiccee HHaallll.. The Future for sales and sales force management is pretty bright. Many consumer believe the sales profession not a noble endeavor. Business customers have a better appreciation for selling profession, because these buyers rely on salespeople to bring them solutions to the business problems that challenge them. Product knowledge, technical expertise, and business acumen are all required to satisfy customers' needs. Sales positions are hardest to fill. Sales consumes >20% of a firm’s revenue. as a career opportunity, starting in sales is an excellent choice. Many CEOs got their start in sales. Sales mangers tends to earn more than their counterparts in other areas, moreover, sales jobs will grow at much faster rate than other professions. 1-4 CCooppyyrriigghhtt ©© 22000099 PPeeaarrsosonn EEdduucacattiioonn,, IInnc.c. PPuubblliishshiinngg aass PPrreennttiiccee HHaallll.. From Sales Rep to Sales Manager “Manager of people” Sales success is poor predictor of success as sales manager Most successful sales reps are eventually pressured to make the transition to sales mgmt “This is a decision that must be carefully analyzed because it’s not an easy transition to go from being a player to a coach.” 1-5 CCooppyyrriigghhtt ©© 22000099 PPeeaarrsosonn EEdduucacattiioonn,, IInnc.c. PPuubblliishshiinngg aass PPrreennttiiccee HHaallll.. What Being a Sales Manager Means Coaching Coaching salespeople so they can improve Developing strategies and delegating the Developing responsibility for implementation to others Figuring out how to motivate people, some who Motivating are older than you Convincing others in the organization that what is Convincing right for the sales force is right for their departments, too 1-6 CCooppyyrriigghhtt ©© 22000099 PPeeaarrsosonn EEdduucacattiioonn,, IInnc.c. PPuubblliishshiinngg aass PPrreennttiiccee HHaallll..
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