Escolar Documentos
Profissional Documentos
Cultura Documentos
2018-2020
Lecture 03_04
Body Language Contd..
Sales Management Principles
Sales Accounting Quiz: Performance
45 out of 78
Passed
Body Language
• Verbal: 7%
• Vocal: 38%
Words
38% 55% How you Speak
Body Language
• Visual: 55%
7%
Body Language
The Cavemen
Negotiation
Power of Voice: Vocal
Gesture processing and speech takes place in areas of the brain such
as Broca's and Wernicke's areas and it helps in movements required to
produce speech and sign language.
Hand Gestures: Universal
• Directions
• Size
• Height
• Shape etc.
Hand Gestures
• Controlling
• Elaborating
Hand Gestures
Regulators
Body Language: Palm
Body Language: Shaking Hands
Body Language : Hand Hold
Space
Our need for it…….
Body Language
Space : Zone Distances
Intimate Personal
Space Space
1.5ft
45cm 4Ft
1.2M
12Ft
3.7M
25Ft
We notice this more when we are in an elevator, crowed bus ... 7.6M
Elevator Behaviour
What is a Sale?
What is a Sale*?
• It is a contract by which the ownership of movable goods is transferred from the seller to the
buyer. The term ‘contract of sale’ is defined in Section 4(1) of the Sale of Goods Act as-
• The contract of sale may be made in writing or by word of mouth, or partly in writing and
partly by word of mouth or may be implied from the conduct of the parties.
• A verbal contract or contract by conduct of parties is valid. e.g. ordering food in a hotel.
*Sale of Goods Acts is one of the special types of Contract Act and was passed in 1930. The Sale of Goods Act extends
to whole of India except to the State of Jammu and Kashmir.
Caveat emptor
• Caveat emptor is a combination of two Latin words. Caveat means caution or
warning or beware; and Emptor means the buyer, the purchaser.
• A buyer cannot hold the seller responsible and liable if the goods turn out to be
defective or do not prove to be useful for the purpose for which they are purchased or
if the buyer makes any mistake in assessing the quality of goods purchased. It is
assumed that he would use all care and skill while entering into transaction.
Exceptions to the rule of Caveat Emptor
• Purchase By Description - The rule of caveat emptor does not apply in a case where
goods are bought by description from a seller.
• A contract for the sale of 2,400 tins of jam described the tins as being packed in cases
of 30. When they arrived the tins were packed in cases of 24 although the agreed
overall number of tins was supplied. It was held that the purchaser was entitled to reject
the goods as they were not as described.
• Sale By Sample - In a sale of goods by sample, the rule of caveat emptor does not apply
if the bulk does not correspond with the sample.
• Fitness For Purpose - Where the buyer informs the seller the particular purpose for
which the goods are required and relies upon the seller’s skill or judgment there is in that
case, an implied condition that the goods shall be reasonably fit for the purposes for which
they are required.
• The buyer himself should be careful while purchasing the goods that suit his purpose. If
the goods are subsequently found to be unsuitable for the purpose, he cannot blame
the seller for the same.
• e.g. The buyer orders for hessian cloth without specifying the purpose for which he
wanted the same. Later, he finds it inappropriate because of the smell.
Try this one:
• A claimant purchased a painting from the defendant for
₹.6,00,000(£6000). The painting was described in an auction
catalogue as being by German impressionist artist Gabrielle
Munter.
• Both the buyers and the sellers were art dealers in London. The
sellers were not experts on German paintings whilst the buyers
specialized in German paintings. The purchasers sent their
experts to inspect the painting before agreeing to purchase.
By sending their experts to inspect the painting meant that the sale
• After the sale, the buyers discovered that the painting was a
was no longer by description. And therefore the buyers had no
fake and worth less than ₹.10000.
protection
• Can the buyer claim
This isdamages saying
the London Courtthat the goods did not
Ruling!
match the description?
Stipulations in a Contract
• Contractual stipulations are classified as conditions, warranties or
intermediate or innominate terms.
• Ideally, parties will identify how each contract term will be classified
at the outset of the contract.
• If a condition is breached, the aggrieved party has the right to treat the breach as
"repudiatory" which means that the aggrieved party can either:
• terminate the contract; or
• treat the contract as continuing (i.e. affirm the contract).
In either case the aggrieved party can claim damages.
Warranties
• A warranty is a term of the contract which is less significant than
a condition and which is usually written as an assurance or a
promise.
• For example, in a services contract there might be a
requirement to have staff trained at a specific level.
• Innominate Term: Contractual term that may turn out to be either a condition (is
integral to the contract) or a warranty (is incidental to the contract) depending on
its effect on the injured or innocent party.
Direct Sales :
• Direct to customer B2C
• Institutional Sales B2B
• Selling directly means that you keep all of the profit; no one is
taking a chunk out of your sales.
• At each tier, there is a certain cost to pay, but this would be far less
compared to setting up your own outlets and distribution channels.
What is Sales Management?
• “The management of the personal selling is part of a
company’s marketing department.”
Head-
Marketing
Sales Regional
Coordination Managers