A Synopsis ON: A Study To Identify Sales Management & Sales Leadership
A Synopsis ON: A Study To Identify Sales Management & Sales Leadership
A Synopsis ON: A Study To Identify Sales Management & Sales Leadership
SYNOPSIS
ON
A STUDY TO IDENTIFY SALES MANAGEMENT &
SALES LEADERSHIP
2015-2017
SUBMITTED TO : SUBMITTED BY
Mr. Himanshu Goyal MOHINI
MBA 4th Sem.
Roll No. 1508570052
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OBJECTIVES OF SALES MANAGEMENT
These objectives may be very explicit and definitive, or they may be implicit or
general.
Although, firms have different mixes of objectives, and they do place differing
emphasis, on individual ones, the typical corporate-image.
While all these objectives are important to a business firm, the objectives, relating to
sales-volume, market share and profitability.
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RESEARCH METHODOLOGY
According to Green & Tull Research is systematic & objective search for the
analysis of information relevant to the identification & solution of any problem in the field of
marketing.
We know that marketing basically consist of spotting the need of customer & meeting
them in the best possible manner. Research plays a key role in the process starting with
market measurement. Research helps the firm in every component of the total marketing task.
It helps a firm acquire a better understanding of the consumer, the competition and the
marketing environment. It also aids the formulation of the marketing mix. Decision of each
element of the marketing mix, product distribution, promotion and pricing need research
report.
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NEED & SIGNIFICANCE OF THE STUDY
The Company controls more than half of the Indian soft drink market, it plans to
maintain its need. The merchandising policy etc. it includes the survey to calculate the
existing status of organizations brand visibility with respect to its competitors. The main
source of information for this study was the retail outlets, the consumers & the companys
personnel. The data collected for this project was primary data.
Making the census of the entire universe was not possible hence sampling becomes
inevitable. The sample was designed keeping in view the sample unit & the size of the
sample.
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DEVELOPMENT THE SAMPLEDESIGN
The sample was designed keeping in view of the following basic components :-
For this project simple random sampling was chosen, where each sample element has
The sample size was chose keeping in mind the size to be good enough to solve the
purpose & should be in available time. So for market, the sample size was chosen to be 100
retail outlets.
Approximately 100 retail outlets were observed for visibility of the product.
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Introduction
In daily life, a layman deals with different transaction in terms of selling and purchasing of
goods and services. In these transactions the second one persuades the first person. Therefore,
selling may be defined as persuading people to satisfy the want of first one. The person, who
does this act, is called as the salesman, the result of this action as sales, while these activities
of the person, are supervised and controlled by sales-management. In the present scenario
sales executives are professionals. They plan, build and maintain effective organisations and
design and utilize efficient control procedures. The professionals approach requires thorough
analysis, market-efficient qualitative and quantitative personal-selling strategy. It calls for
skilful application of organisational principles to the conduct of sales operations. In addition,
the professional approach demands the ability to install, operate, and use control procedures
appropriate to the firms situation and its objectives.
Executives capable of applying the professional approach to sales management are in
high demand today. The quality of selling is referred to as salesmanship. In other words,
management is synonymous with leadership. Managers do the same thing in industry, as
ministers do in states and at the centre, i.e., they have to plan, forecast, direct and control
their personnel. Here success lies in running together, hand in hand. Managers are the
captains of the army of their followers.
Originally, the term sales management referred to the direction of sales force personnel.
But, it has gained a significant position in the todays world. Now, the sales management
meant management of all marketing activities, including advertising, sales promotion,
marketing research, physical distribution, pricing, and product merchandising. The American
marketers association (AMAs) definition, takes into consideration a number of these
viewpoints. Its definitions runs like: the planning, direction, and control of the personnel,
selling activities of a business unit including recruiting, selecting, training, assigning, rating,
supervising, paying, motivating, as all these tasks apply to the personnel sales-force.
Further, it may be quoted: it is a socio-scientific process, involving
group-effort in the pursuit of common goals or objectives, which are predetermined.
Co-ordination is its key, though, no doubt, it is a system of authority, but the emphasis is on
harmony and not conflict.
Sales-management differs from other fields of management, mainly in different
aspects: the selling operation of a business firm does not exist in isolation. Thus,
simultaneous with the changes taking place in the business, as well as marketing-orientation,
anew concept of sales management has evolved. The business, is now society-oriented, on
human-welfare aspects. So, sales-management has to work in a broader and newer
environment, in co-existence with the traditional lines. The present emphasis is now on total
development of human resources.
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Review of Literature
(Jaeki song et al 2006) in their work compares and contrasts between companies
motivation to choose between internet channels and traditional channels. He suggests
web would a serious alternative to traditional marketing and proper pricing by internet
companies is what which attracts the consumer. I totally agree to this view. However
we believe that examples are provided only of some successful dotcoms at least
failure, reasons of failure of some dotcoms should have been taken into consideration
for discussion. That would have provided some more insight into their research.
Market access, price information, Competition and pricing policies have been used to
compare between both the channels. But internet security issues and fraudulent
practices in the internet by companies are excluded in this discussion. His primary
finding is that internet offers consumers better prices.
Importance
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react to web mavens and those who dont. This would establish more credibility of
web mavens.
How to be successful
(Aldridge Alicia et al 1997) in their paper discuss about what companies should
consider when operating in internet commerce space. From the authors point of view
to be successful in internet marketing the companies should recognize that consumer
market is different, communication with the consumer is going direct, open
competition has to be faced and market accessibility is going to be the key, net users
want more control, authenticity is important as touch and feeling is missing and
security to protect consumer privacy.
I agree that these factors do play an important role. In addition to this author discusses
various strategies that could be used on the internet namely targeting, promotional
strategy, product strategy and distribution strategy. These strategies are indeed
important for survival in the internet space. If the authors had collected data to justify
their claims it would be more authentic.
Effects on environment:
(Chen et al 2000) claim that internet marketing will bring about a greener atmosphere
(environmental protection) by reducing fuel consumption needed for regular purchase. I
totally agree to their view. Credit should be given to the authors who have looked at
internet marketing from this perspective. I also agree that Internet marketing promotes
paperless office and saves space and brings about energy savings by preventing kiosk
displays. It is also true that it promotes easy shipping of commodities which would be
difficult in traditional sales. The author could have included some information as to what
drives companies to pursue a paperless office whether it is cost savings alone or
companys decision to protect the environment for a social cause or other factors such as
market pressure from other companies who are doing the same. Authors could have
included information about various companies in various sectors who have considered
internet marketing as an environmental friendly scheme.
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LIMITATIONS
4. The customer was required to fill the questionnaire but it has to be done by myself.
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BIBLIOGRAPHY
BOOK WRITER
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