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Sales Management Trends and Strategies

The document discusses key trends and themes in sales management for the twenty-first century, emphasizing the importance of long-term customer relationships, technology, leadership, and ethics. It outlines the sales management process, environmental factors affecting sales strategies, and the significance of innovation and adaptability in sales organizations. Additionally, it highlights the impact of external and internal environments on sales success, including economic, legal, technological, and cultural aspects.

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0% found this document useful (0 votes)
4 views30 pages

Sales Management Trends and Strategies

The document discusses key trends and themes in sales management for the twenty-first century, emphasizing the importance of long-term customer relationships, technology, leadership, and ethics. It outlines the sales management process, environmental factors affecting sales strategies, and the significance of innovation and adaptability in sales organizations. Additionally, it highlights the impact of external and internal environments on sales success, including economic, legal, technological, and cultural aspects.

Uploaded by

avtran.fin
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

Sales Force Management

13th Edition
Mark W. Johnston
Greg W. Marshall

© 2016 Taylor & Francis


Introduction to Sales Management in the
Twenty-First Century

CHAPTER 1

© 2016 Taylor & Francis


Learning Objectives
• Identify/discuss key trends
affecting managers of sales
organizations today
• Present a general overview of the
sales management process
• Identify and illustrate key external
and internal environmental
factors influencing the
development of marketing
strategies and sales programs
© 2016 Taylor & Francis
Sales Management in the Twenty-First
Century
• Long-term relationships with customers
• Nimble and adaptable sales organizational structures
• Fewer functional barriers within the organization
• Coaching sales management style
• Leverage technology
• Incorporate all activities and outcomes in
performance evaluations

© 2016 Taylor & Francis


Key Themes
• Innovation – thinking outside the box
• Technology – broad spectrum of tools available to
salespersons
• Leadership – capability to make things happen
• Globalization
• Ethics

© 2016 Taylor & Francis


Innovation Fuels Success in Selling Today
• Transactional Selling –
transactions involving separate
organizations, each entering into
an independent transaction.
• Relationship Selling – narrows the
vendor pool, improves
efficiencies, works directly with
customers to solve problems.

© 2016 Taylor & Francis


Sales Effectiveness Is Enhanced through
Technology
• Accessibility via computers, tablets, and mobile phones
• Interactive web presences
• Electronic Data Interchange (EDI)
• Efficient Customer Response (ECR)
• Customer Relationship Management Software (CRM)

© 2016 Taylor & Francis


Leadership Is a Key Component in Sales
Management Success
Leading vs. Managing
Managing
• Control
• Supervisor/boss
• Direct

Leading (Mentoring)
• Communicate
• Cheerleader/coach
• Empower to make decisions

© 2016 Taylor & Francis


Servant Leadership
• Take subordinates’ work seriously
• Take lead from subordinates
• Build trust
• Allocate rewards and glory
• View self as steward

© 2016 Taylor & Francis


Sales Management Is a Global Endeavor
• Drivers
– Customers can easily communicate worldwide
– Significant growth opportunities lie outside
domestic markets
– Customers are global
• Diversity of sales force creates challenges

© 2016 Taylor & Francis


Innovation: Bridging the Culture Gap
• Understand and embrace ethnic customs
• Adapt selling approaches
• Portray genuine interest in cultural differences

© 2016 Taylor & Francis


Ethics Underlies All Selling and Sales
Management Activities

• Trust is necessary to maintain customer loyalty


• Long-term relationships require higher ethical
standards
• Federal Sentencing Guidelines designed to
punish unethical firms

© 2016 Taylor & Francis


Sales Management Process
• The formulation of a sales program
• The implementation of the sales program
• The evaluation and control of the sales
program

© 2016 Taylor & Francis


Overview of Sales Management

© 2016 Taylor & Francis


Environmental Factors Impact Success in
Selling
• Environmental forces constrain pursuit of certain marketing
strategies or activities
• Environmental variables determine ultimate success or failure
of marketing strategies
• Changes in the environment create new marketing
opportunities
• Environmental variables are affected by marketing activities

© 2016 Taylor & Francis


Components of the External
Environment

© 2016 Taylor & Francis


Economic Environment
• Buyer-seller interactions take place within the
context of current economic conditions
• The economy impacts real potential demand
• Global economic conditions are important
• Competitive structure affects selling success

© 2016 Taylor & Francis


Global Legal and Political Environment
• Increased number of laws regulate conduct of
business
• Three broad categories of relevant laws:
– Antitrust
– Consumer Protection
– Equal Employment Opportunity

© 2016 Taylor & Francis


Antitrust and Customer Protection Laws
• Antitrust Provisions
– Robinson-Patman Act
• Tying agreements
• Reciprocal dealing arrangements
– Federal Trade Commission Act
• Unfair methods of competition

© 2016 Taylor & Francis


Antitrust and Customer Protection Laws
• Consumer Protection Laws
– Fair Packaging and Labeling Act
– Truth-in-Lending Act
– Cooling-off laws

© 2016 Taylor & Francis


Technological Environment
• Changes how salespeople/sales managers do their
jobs
• Influences sales strategies
• Provides opportunities for product development
• Transportation, communications, and data processing
technologies change:
– sales territories
– sales rep deployment
– sales performance evaluation

© 2016 Taylor & Francis


Social and Cultural Environment: Ethics

• Ethics
– Development of moral standards by which actions and
situations can be judged
• Sales managers:
– Relationships with salespeople
– Interactions between salespeople and customers
• Managers must influence ethical performance by
example
• Ethical standards reflect integrity of firm

© 2016 Taylor & Francis


Natural Environment
• Nature influences demand for products
– Weather
– Natural disasters
– Availability of raw materials
– Energy resources
• Shortages may cause demarketing
• Social concern about possible negative
environmental impact of product and production

© 2016 Taylor & Francis


Components of the Internal Environment

© 2016 Taylor & Francis


Goals, Objectives, and Culture
• Mission and objectives drive
customer management
approaches
Well-defined mission

Successful corporate history

Top management values


+
Strong corporate culture
© 2016 Taylor & Francis
Human Resources
• Sales organizations are highly complex and
dynamic
• Often difficult to expand in response to
growing markets
• Outside specialists can help meet need to
expand

© 2016 Taylor & Francis


Financial Resources
• Lack of financial resources can:
– constrain ability to develop new products
– limit promotional budget
– limit size of sales force
• Mergers are sometimes sought to obtain
financial resources

© 2016 Taylor & Francis


Production and Supply Chain Capability

• Production capacity
• Technology equipment
• Location of production facilities
• Transportation costs
• Ability to ensure seamless distribution and
service after the sale

© 2016 Taylor & Francis


Service Capabilities
• Competitive advantage opportunity
• Difficult for other firms to compete for same
customers
• Customers reluctant to switch regardless of
price

© 2016 Taylor & Francis


Research and Development (R&D) and
Technological Capabilities
• Excellent design and engineering provide
promotional appeal
• Communicating technological sophistication
as value-additions helps prevents over-
reliance on price for sales

© 2016 Taylor & Francis

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