promotion mix. A company’s salespeople create and communicate customer value through personal interactions with customers. Personal presentation by the firm’s sales force for the purpose of making sales and building customer relationships. Definition of sales force
A company's sales force consists of its staff of
salespeople. The role of the sales force depends to a large extent on whether a company is selling directly to consumers or to other businesses. In consumer sales, the sales force is typically concerned simply with taking and closing orders. These salespeople are not responsible for creating demand for the product, since demand for the product has already been created by advertising and promotion. They may provide the consumer with some product information, but individuals involved in consumer sales are often not concerned with maintaining long-term customer relationships. Examples of consumer sales forces include automobile salespersons and the sales staffs found in a variety of retail stores. The role of sales force
Linking the company with its customers:-
The sales force serves as a critical link between a company and its customers. In many cases, salespeople serve both masters the sellers and the buyer. First, they represent the company to customers. They find and develop new customer and communicate information about the company’s product and services. They sell products by approaching customers, presenting their products, answering objections, negotiating prices and terms, and closing sales. In addition, salespeople provided customer service and carry out market research and intelligence work. The role of retail sales personnel
A salesperson should do the following in
order to serve customers: Be a resource for information as he or she is knowledgeable about the store’s merchandise, services and policies. Be a value counselor, assisting the customer with value comparisons with items in the store or competing brands. Be a public relations representative for the store. Contd….
Be able to advise customers with good selling
suggestions that will improve customer satisfaction and build sales. Be able to explain the benefits of the merchandise and services that he or she sells and not just its features. Ensure that the customer’s needs are met to so that complaints are kept to the minimum. Develop by virtue of his or her attitude knowledge and skills, and ensure that the store’s merchandise has a loyal customer following. Designing the sales force Designing the sales force
Sales personnel serve as the company’s personal link
to the customers. The sales representative is the company to many of its customers. therefore, the company needs to carefully consider issues in sales force design namely, the development of sales force objectives, strategy, structure, size, and compensation. Sales force objectives and strategies
Companies need to define the specific objectives they
want their sales force to achieve. Sales people will have one or more of the following specific tasks to perform. Prospecting searching for prospects, or leads. Targeting deciding how to allocate their time among prospects and customers. Communicating information about the company’s products and services. Contd.
Selling approaching, presenting, answering
questions, overcoming objections, and closing sales. Servicing providing various services to the customers-consulting on problems, rendering technical assistance, arranging financing, expending delivery. Information gathering conducting market research and doing intelligence work. Allocating deciding which customers will get scarce products during product shortages. Sales force structure
Four types of sales forces:-
A strategic market sales force composed of technical, applications, and quality engineers and service personnel assigned to major accounts Geographic sales force calling on thousands of customers in different territories. A distributors sales force calling on and coaching distributors. And inside sales force doing telling marketing and taking orders via phone and fax. Sales force size
Once the company establishes the no. of customers it wants to
reach, it can use a work load approach to establish sales force size. This method consists of the following five steps:- 1. Customer are group into size classes according to annual sales volume 2. Desirable call frequency are established for each class 3. The no. of accounts in each size class is multiplied by the corresponding call frequency to arrive at the total work load for the country, in sales calls per year. 4. The average no. of calls a sales representative can make per year is determined. 5. The no. of sales representatives needed is determined by dividing by the total annual call required by the average annual call made by the sales representative . Sales force compensation
The company must determined the four components
of sales force compensation:- 1. a fixed amount 2. a variable amount 3. expense allowances 4. benefits Principles of personal selling EUREKA FORBES
Presenting Aqua guard RO :- India’s most trusted name
in the water purification gives you a RO water purifier you can trust your child health with. Eureka Forbes pioneered the practice of personal selling in India. Each sales person of EFL is called a Euro champ. EFL is called a Euro champ. He demonstrates, interacts, convinces, installs, and provides services at the customer’s door step and brings customer care activities to the customer. He is the single point contact between the customer and EFL. Contd.
This unique method of direct selling, pioneered by EFL,
has been the key to its growth and the “friendly man on his bike, "as a Euro champ is referred to , has become the most identifiable face of EFL and its brands. “We strongly believe that a sale gets the customer, service keeps the customer” says a senior manager of EFL. This strong belief in customer service led EFL to establish a well equipped and expensive service network to uphold its promise of being “a friend for life” Contd. Today it comprises over five thousands company- trained technician who make fifteen thousands kitchen visits a day and are supported by call centers, customer care representatives and mobile service vans. EFL understands and acknowledges that this sales persons, as “euro champs” are at the heart of its org. Contd.
It offers them a fruitful and regarding career through its
unique philosophy of earning, learning, pride and fun. It recruits young, dynamic, ambitious people and gives them an opportunity to achieve their potential and fulfill their dreams. EFL honors excellence and has institutionalized a no. of recognition platforms to do so. The highest achievers are felicitated at achievers’ clubs at exotic locales in India and overseas. It offers a no. of incentives to euro champs. Schemes like “Own Your Bike” and celebration of landmark euro champs and keep them motivated to offer their best. Contd.
Today EFL’s Euro champs, most professional sales
persons are well educated, well groomed men and women who work to build valued customer relationships. They succeed not by taking customers in, but by helping them out by assessing customer needs and offering them solutions that will enhance their life. This unique method of direct selling, pioneered by EFL, has been the key to its growth. Presented by