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Sales Management Sample
Sales Management Sample
Sales Management Sample
SALES
MANAGEMENT
ESSENTIALS
YOU ALWAYS WANTED TO KNOW
VISHAL DESAI
Edited by Dr. James Ashton
Sales Management Essentials You
Always Wanted To Know
First Edition
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PAPERBACK*
TITLE
ISBN
ORGANIZATIONAL BEHAVIOR
9781636510378
ESSENTIALS
PRINCIPLES OF MANAGEMENT
9781949395662
ESSENTIALS
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About the Author
Vishal has two decades of formidable work
experience as Category and Business Head at
leading Indian movies and gaming
entertainment companies viz: Reliance ADAG’s
Zapak.com, Shemaroo Entertainment Limited,
and Milestone Interactive Group. He has worked
extensively in sales and marketing strategy,
brand and product management, and corporate strategy. His
expertise lies in launching new products with the right marketing mix
strategy and managing products through their entire life cycle. His
portfolio of brandsn launched while working at Indian licensee
companies includes Sony PlayStation One, Slumdog Millionaire,
Spiderman, WWE Raw, and several other entertainment franchises
across gaming and movie entertainment. He has been a speaker and
delegate at various conferences and seminars and has written articles
in leading print publications. He is passionate about quizzing and
management strategy games and has won the International Business
Simulation competition organized by Virginia Commonwealth
University. He also regularly organizes business quiz competitions
for students at Indian B-Schools. As a subject matter expert, he has
contributed towards the development of educational e-content for
Govt. Of India’s University Grants Commission. He teaches at media
and management institutes as a visiting faculty member. He is a
management graduate from NMIMS University, India.
Other contributors
We would like to thank our editor, Dr. James Ashton, for his
contribution to making this book the best version possible. Dr. James
Ashton is a dedicated higher education professional with more than
20 years of direct classroom (online and on-campus) experience
showing commitment to excellence in teaching. He is a multilingual
educator interested in improving the learning process and adapting
methods and styles to the individual needs of every student.
What experts say about this book!
Vishal Desai provides a digestible introduction to complex sales and
management concepts. The topics in this book will give anyone,
at any level, a succinct overview of these sales and management
essentials along with helpful visual guides that can be used for teams
or for professional development.
– Michelle Bartonico,
Trinity University
– Dr. C.N.Narayana,
Former Senior Professor & DG,
Kirloskar Institute and IIEBM
What experts say about this book!
Vishal Desai’s straightforward style lends itself to insights and
pronouncements about how sales management and marketing
should be understood as the drivers of the success of any
organization. The cases and class assignments are a special bonus for
professors to use to help reinforce learning.
– Joseph Stasio,
Associate Professor of Marketing,
Merrimack College
Glossary 215
I wish to express my gratitude to Vibrant Publishers for giving me
an opportunity to pen this book. Special thanks to my wife Kajal, son
Vansh and well-wishers for encouraging me to start my journey as an
author.
– Vishal Desai
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Preface
Sales and Marketing as organizational functions are often referred
to interchangeably. However, marketing is all about identifying
and creating value for the consumers, whereas sales is essentially
about delivering value to the consumers in return for a price. At the
same time, sales management involves many sub-activities, making
it a specialized function within an organization that holds as much
importance as marketing.
Introduction to Sales
Management
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2 Sales Management Essentials You Always Wanted To Know
1. https://www.investopedia.com/terms/s/sale.asp
2. The Common Language Marketing Dictionary, MASB, ©2020, https://marketing-
dictionary.org/s/sales-management/
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Introduction to Sales Management 3
Marketing Selling
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Introduction to Sales Management 5
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6 Sales Management Essentials You Always Wanted To Know
Source: https://qsstudy.com/business-studies/contrast-between-selling-concept-and-
marketing-concept
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Introduction to Sales Management 7
Form
Economic
Possession Time
Utilities
Place
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8 Sales Management Essentials You Always Wanted To Know
Example:
Examples:
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Introduction to Sales Management 9
iii. A working couple may seek more time utility to get the
product delivered at their convenient time.
Examples:
i. Samsung sells its products not only from its galleries but
also through other retail stores and online shopping portals.
iii. Hot and cold beverages are sold at restaurants, gas stations,
movie halls, or through vending machines.
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10 Sales Management Essentials You Always Wanted To Know
Examples:
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Introduction to Sales Management 11
Figure 1.4 Differentiating goods and services retailing using form and
possession utilities
High
Supermarket Tailor
Music & Video store Photo Studio
Possession
Utility Video Rental Library Hotel
Book Library Airlines
Car Rental Night Club
Theater
Low High
Form Utility
Source: Winsor, Robert & Sheth, Jagdish & Manolis, Chris. (2004). Journal of Business
Research, Elsevier, vol. 57(3), pages 249-255, March
Example:
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12 Sales Management Essentials You Always Wanted To Know
Example:
Examples:
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Introduction to Sales Management 13
Example:
In this case, the form of the product does not change at the
point of sale, nor does the consumer retain possession of the
product. The ownership of the product also remains with
the marketer or the intermediary.
1.3.9 To summarize:
● Form Utility is about offering products in a ready-to-
consume state.
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Introduction to Sales Management 15
Chapter Summary
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16 Sales Management Essentials You Always Wanted To Know
Quiz 1
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Introduction to Sales Management 17
5. Sales is about:
6. Marketing is about:
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18 Sales Management Essentials You Always Wanted To Know
a. Time utility
b. Possession utility
c. Place utility
a. Time
b. Place
c. Possession
d. Options A & B
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Introduction to Sales Management 19
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20 Sales Management Essentials You Always Wanted To Know
Class Activity
The class can be given a mix of ten products. Each student can
be told to rank the most important and the least essential utility
that he or she seeks while purchasing each of these products. The
most important utility can be given a score of four, and the least
essential utility a score of one. Then calculate the average score of
each utility for each of the products for the entire class. The utility
with the highest score for each product is the most sought after by
the consumers for the respective product. This average score can
be considered indicative of the consumers’ expectations at large.
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