Professional Documents
Culture Documents
Place People Promotion Pricing
Place People Promotion Pricing
For a business that caters to the medical needs of its customer, Ginhawa is to be
strategically located in the parameter of the hospital and health centers. This will offer
convenience to the demands of its target market which are the healthcare workers,
patients with medical equipment needs. This is strategically located in the downtown
proper of Tacloban City, Leyte because it is the middle ground of the big hospitals in
Tacloban City like Eastern Visayas Regional Medical Center (EVRMC), Saint Paul’s
Hospital, Tacloban Doctors Hospital, Ace Medical Center, and others.
Above picture is terrain map of the City Proper of Tacloban.
There will be a retail store manager that will oversee its operation in sales and
storage inventory. As to its supply, the warehouse will also be located near its store for
the convenience of transportation.
Product Flow Negotiation Flow Ownership Flow Information Flow Promotion Flow
Manufacturer
Manufacturer Manufacturer Manufacturer Manufacturer
Advertising Agency
Transportation Transportation
Medical Institutes and
Practictioners
Storehouse Storehouse Storehouse Storehouse
Storehouse
Retail Store Retail Store Retail Store Retail Store Retail Store
People Strategy
Employees are important assets to the business, so Ginhawa need to make it a
point to attend to the employee’s safety and satisfaction. This will help plan how to
utilize its employees and making sure that its objectives are achieved. This part of
planning the people strategy will strategically help establish a more systemic
organizational.
Sales Associate Task
In a business that caters on the medical necessities of its customer it needs external
help that will optimize workforce to ensure that CliniCalc can saturate the market, thus
establish a brand that the market will recognize. The function of the sales agents will
also efficiently traverse the product distribution to its target market among hospitals,
clinics, and other medical institutions. They will be sent out to the target locations for
product introduction and distribution:
Medical doctors and assistants in hospitals and clinics as they are the one who
are in need of the functions of CliniCalc
Individual with medical needs, including those with private nurses and in-house
care
Barangay health centers that are initiating household health programs
Non-government offices that facilitate medical and outreach missions for
partnership
Kiosk in the public places to help spread the information regarding the CliniCalc
with product demonstration, infographics, and leaflets.
Attend to the sales made by the customers online and assist the shipment
Check the emails for the sales requisition of the customers, confirmation from
the suppliers, and the other concerns that are sent through the e-mail accounts
of the business.
Sales Associates Skills
The following are the qualifications that need to be possessed by the sales associates:
Good interpersonal skills. Being a sales associate, interactions with different
kinds of people they need to be apt in terms of their communication skills both
verbal and non-verbal means. They also need to be able to create social relations
in order to properly execute the tasks that they are given. This will also create
impression of the products itself; once the agent is an effective and excellent
communicator. It would be a good option if the sales associates can be
Organizational skills. Being able to remember customer’s preferences,
keeping track of inventory and documenting needed paperwork is essential.
Having a set system and schedule is helpful when it comes to one’s
organizational skills in the workplace.
Problem-solving skills. Knowing how to problem-solve shows the sales
associate is capable of quickly responding and solving obstacles when they arise.
Being a great problem solver will help in situations when customers have
complaints or concerns.
Time management skills. Sales associates are often pushed and pulled in
different directions because of the high volume of customers they encounter.
Effectively managing one’s time can help manage multiple demands effectively
without feeling overwhelmed. This is a great way that the sales associate is
capable of being productive in a timely manner. It also lets the sales associates
able to prioritize daily tasks, focus on what’s important and that they can adhere
to a set schedule to ensure deadlines are met.
Product knowledge. In order to be a great sales associate, one need to know
everything there is to know about the item they’re selling. Understanding the products
will provide the sales associates with the ability to answer customer questions, provide
them with accurate information and point them in the right direction. A good
understanding of product knowledge will also build customer trust.
Retail software skills. Along with being technologically savvy, the sales
associates need to understand the specific software that the future company
uses. This company may require one to work with an electronic register or credit
card processor.
Team leadership skills. Regardless of one’s experience level, having great
leadership skills is a must. This business is looking for sales associates that can
be an effective leader when needed. As with any other position, an effective
leader is one who not only interacts well with others but can also take charge
when problems arise.
Numeracy. While it can be easy to depend on retail software, it’s also important
to be a good mathematician in a sales associate position. Should the computers
have a glitch, their ability to manually calculate prices, discounts and transactions
will be a valuable asset. While you may be up-to-date on the latest technology,
your numeracy skills must be up-to-speed as well.
Pricing Strategy
Contribution Based Margin is a pricing strategy which works without any mention
of gross margin percentages. It maximizes the profit derived from a company's
assortment, based on the difference between a product's price and variable costs (the
product's contribution margin per unit), and on one's assumptions regarding the
relationship between the product's price and the number of units that can be sold at
that price. The product's contribution to total operating income is maximized when a
price is chosen that maximizes the 'contribution margin per unit X number of units sold'.
Theoretically, contribution margin per unit is the difference between the price of
a product and the sum of the variable costs of one unit of that product. Variable costs
are all costs that will increase with greater unit sales of a product or decrease with
fewer unit sales (as opposed to fixed costs, which are costs that will not change with
sales level over an assumed possible range of sales levels). Examples of variable costs
are raw materials, direct labor (if such costs vary with sales levels), and sales
commissions. The contribution margin per unit of each product multiplied by units sold
equals the contribution to profit from sales of that product, and the total of
Contributions to Profit from all a firm's products minus the firm's fixed costs equals the
firm's operating income.
Selling Price − Buying Price Per Unit = Contribution Margin Per Unit (cm)
Contribution Margin Per Unit x Units Sold = Stock Keeping Unit's Contribution to Profit (CM)
Contributions to Profit From All SKU's − Firm's Operating Expenses = Total Firm Profit
Promotion Strategy