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Course Description:

 

The objective of this course is to provide marketing students with good understanding and comprehension of the contemporary role of professional selling and the role of management this respect. Hence, managing a professional sales people is not a traditional approach any more. It is rather a more dynamic and significant discipline for the successful 21st century business organization. Empowering and aquiring knowledge and continuous learning is the essence of the new era, and professional sales people are the most important people in the aspects of empowerment and learning due to their critical role as a boundary spanning role in the organization.

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Recommended Books:

 

Texts:

  1. Eugene M. Johnson, David L. Kurtz and Eberhard E. Scheuing, Sales Management, Concepts, Practices & Cases. Second Edition. McGraw Hill.

 

Reference:

1.                  Rosann spiro, Gregory. Rich, and William Stanton, Management of a sales Force, 12th edition, McGRAW-HILL.

2.                  Charles M. Futrell, Sales Management, Sixth Edition

3.                  Hair, J. F., Anderson, R. E., Mehta, R., & Babin, B. J. (2009). Sales management: building customer relationships and partnerships. Boston: Houghton Mifflin Company.

 

Learning Aims and Objectives:

 

Students are expected to exhibit a basic understanding of the theoretical and practical concepts of Sales Management and with respect to modern marketing approach. The Major Aims of this course are:

  • To provide the student with a basic understanding of the processes and skills necessary to be successful in personal direct selling within the industrial market place.
  • To provide an understanding of the tools and techniques necessary to effectively manage the sales function, the sales organization and the sales individual.
  • To provide students with advanced skills in the areas of interpersonal communications, motivational questioning techniques and high-leverage employee process management.

 

Assignments and Presentations:

 

Students are required to complete at least one major assignment during the semester. The assignment will cover the theoretical background of Sales Management and the application of such concepts to the Pakistani market. Assignments will be graded on the basis of general layout, contents, originality of work and critical thinking. The students are also required to make a class presentation of their assignments.

 

Quizzes:

 

There will be periodic unannounced quizzes and exercises administered at the beginning of the lecturer. The participation of the students is the major criteria of grades.

 

Marks Allocation:

 

Mid term examination:                                                            30 marks

Assignments, presentations and quizzes:                                20 marks

Final/comprehensive examination:                                          50 marks

 

Tentative Course Calendar:

 

Week

/Subject

Date

Lecturer

/Activity

/Assignment

Learning Outcomes

Week 1  

Chapter-1

 

Job of Sales Management

·         Provide you with an overview of a sales manager’s job.

·         Introduce you to the various types of sales managers and the skills required of them.

·         Discuss what a new manager experiences when promoted from a sales job.

Week 2

Chapter-2

 

Careers in Professional Selling and Sales Management

·         List and comment on the primary advantages and disadvantages of a sales career.

·         Identify and explain the dimensions of sales professionalism.

Week 3 – 4

Chapter-4

 

Pre- Approach

Prospecting

Identifying Prospects

Qualifying Prospects

·         Understand prospecting and preparing which are preliminary to the rest of sales process.

·         List common sources of prospects.

·         Explain the MAN concept of qualifying a prospect.

·         Understand the pre-approach activities needed to adequately prepare for a sales call.

·         Understand the sequence of call planning activities.

Week 5 – 6

Chapter 5

 

Approach

Probing for needs

Convincing the prospect

Handling Objections

Closing

Follow up

·         Discuss the various factors that goes into the making an effective sales presentation.

·         Identify the ways to open a sales presentation.

·         Describe the probing technique used to determine prospects’ needs.

·         Explain feature benefit selling.

·         Outline the different types of objections encountered by sales personnel and explain how each objection should be handled.

·         Identify the various closing techniques.

·         Explain the importance of follow up.

Week 7

Chapter-6

 

 

Territory Design and development

·         The definition of a sales territory.

·         Who is responsible for territorial development?

·         The factors to consider when designing sales territories.

·         The importance of reducing sales leakage.

·         How computers can help design territories.

Week 8

Chapter-9

 

 

Sales Forecasting

·         The importance of forecasting in a firm’s marketing decision support system.

·         The uses and different categories of sales forecasts.

·         The two forecasting methods – survey and mathematical – and their different uses.

·         That the responsibility for approving the final forecast rests at the top management level.

·         The need for knowledge of computers, because they are used in forecasting and developing sales budgets.

Week 9

Chapter 10

 

Sales Budgeting

·         What is sales budgeting and how it is used in sales management?

·         Indentify and explain major types of selling expense budgets.

·         Outline the steps in the sales budgeting procedure.

·         How sales budgeting levels are determined.

Week 10

 

 

Sales Quota

·         The relationship between sales objectives and quotas.

·         Why quotas are important.

·         The various types of quotas.

·         The methods for setting quotas.

·         Criteria needed for a good quota plan.

·         Major areas for establishing objectives.

·         How organizations set objectives.

·         The selling by objectives process.

Week 11

Chapter 11

 

Organization of the Sales Force

·         The type of markets in which salespeople work.

·         The major job activities of salespeople.

·         The various types of sales jobs.

·         Why sales jobs are designed for an individual organization’s markets and customers.

·         The various types of sales force organizational structures.

·         Newer forms of organizations.

·         How coordination and technology improve customer service

Week 12

Chapter 16 – 17

 

Sales Incentives and Compensation

·         Why compensation is so important for establishing an effective sales force.

·         How to design, implement, and evaluate a compensation program.

·         The advantages and disadvantages involved in the three types of compensation plans: straight salary, straight commission, and combination salary.

·         The different types of sales force expenses and transportation.

·         The total compensation package and how to develop a proper compensation mix.

·         What is involved in designing a new compensation plan.

Week 13

Chapter 12 – 13

 

Sales Personnel Planning and recruitment

·         What sales human resource management is and what its key relationships are.

·         The importance of planning for sales personnel needs.

·         What people planning and employment planning are?

·         What recruitment means and why it is so important.

·         The recruiting process: what it is, who does it, and where recruits are sought.

Week-1 4

Chapter 19

 

 

Sales Evaluation

·         The importance of marketing and sales audits and how they differ.

·         What a performance appraisal involves.

·         The uses of performance appraisals.

·         Who does the evaluation and how often salespeople should be evaluated.

·         How performance criteria are developed.

·         The accuracy of performance appraisals and what can influence that accuracy.

·         The importance of evaluating the evaluation system.

·         The important elements involved in marketing cost analysis.

 


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