—=q
SALES - DEFINITION
Asale is the pinnacle acti involved in selling products or
services in return for money or other compensation. It is an act
of completion of a commercial activity.
Sales is everything that you do to close the sale and get a
signed agreement or contract.— ay
MARKETING - DEFINITION
“Marketing is the process associated with promotion for sale goods or
services.
@ = Itis considered a “social and managerial process by which individuals and
groups obtain what they need and want through creating and exchanging
products and values with others.”
%@ Itis an integrated process through which companies create value for customers
and build strong customer relationships in order to capture value from customers
in return.
@ Marketing is used to create the customer, to keep the customer and to satisfy
the customer. With the customer as the focus of its activities, it can be concluded
that marketing management is one of the major components of business
management.
@ The evolution of marketing was caused due to
mature markets and overcapacities in the last decades.
Companies then shifted the focus from production more
to the customer in order to stay profitable.DIFFERENCE B/W SALES & MARKETING
> Sales starts with seller & is
preoccupied all the time with the
needs of the seller.
> Emphasizes on saleable surplus
available with the company.
>Secks to convert products in to
cash.
> Views business as — goods
producing process.
Sales views the customer as the last
link in the business.
Marketing starts with the buyer and
focuses constantly on the needs of the
buyer.
“Emphasizes on identification of
market opportunity.
‘Seeks to convert customer needs in
to products.
Views business as — a customer
satisfying process.
Marketing views the customer as
the very purpose of business.
oEVALUATION OF
SALES
MANAGEMENT
AO —=a;
EVALUATION OF SALES MANAGEMENT
* The history of salesmanship is an old as human civilization —-Paul
Herman.
* Sales people were not held in high esteem by the society.
* Scene before industrial revolution begins.
* Scene before Industrial revolution started.
* The techniques of modern sales management and selling
techniques were refined by John Henry Patterson — Father of
Modern Sales Management.——]
EVALUATION OF SALES MANAGEMENT
Newly Proposed Mating Eas
HP RERRF
NODS 190s 19005 1s ISDS 96S BRS 1S80 10-2000 2000 Presrt—
SALES
MANAGEMENT—ay
SALES MANAGEMENT
QO DEFINITION:
Sales management originally referred exclusively to
the direction of sales force personnel and lately the
term transformed into broader aspect in addition to the
management of personnel selling. In general view
Sales Management refers the management of overall
marketing activities such as advertising, sales
promotion, marketing research, physical distribution,
pricing and product merchandising.eT scr —
SALES MANAGEMENT
QO According to American Marketing Association :
Sales management refers “The planning, direction and
control of personnel selling, including recruiting,
selecting, equipping, assigning, routing, supervising,
paying and motivating as these tasks apply to the
personal sales force”.—aay
TERNATIONAL
SALES MANAGEMENT
Q The multinationals and other companies with foreign
production and marketing operations look to sales management
to implement sales related marketing policies in each national
market.
International sales managers have to guide and coordinate
the efforts of the sales organization in countries where the
company does aia
E-2-3
€=2-
International Sales Management——y
SALES MANAGEMEN
Work can be categorized as.
aa) Administrative
activities, reports etc
Planning, scheduling
business calls etc.
)} Client calls, business
generation activities etc.—
OBJECTIVE OF are
SALES Monagener
MANAGEMENT C=) (aie)
ee)
aA —
a
aas
OBJECTIVE OF SALES
MANAGEMENT
+ Following are the three general objectives of sales
management: