Chapter 1
Chapter 1
www.linkedin.com/in/jyotiprakashsahuconnect
JPS@LIGHTHOUSEPARTNERS.IN
JPS@ANAIYAH.COM
Sales & Distribution.
Text Book:
If it doesn't pass the CRAAP test, do not use it as a source for your research.
Relevance = The
Currency = The importance of
timeliness of the information
information for your needs
Accuracy = The
Authority = The reliability,
source of the truthfulness and
information correctness of
the content
• Sales Plan formulation -Setting objectives, KPIs. Set objectives and key results (KPIs), for
the sales team and ensure goals are communicated clearly.
• Training: You’re responsible for ensuring your salespeople deliver the best possible
customer experience and meet their sales targets. This means identifying training gaps,
modeling good sales behaviors, training, coaching, and mentoring.
• Shadowing: To get to know your salespeople and their interactions with customers, you need
to be out in the field with them, on calls, and know how their behaviors map onto their results
on key performance indicators (KPIs).
• Forecasting and reporting(MIS): You need to report on sales performance while keeping an
eye on long-term growth projections—both can inform strategic decisions about the future
direction of your team and your company. SFA & CRM.
Critical Sales Management functions-
• Sales Promotion Strategy: Formulate and implement Sales Promotion programs to
support sales KPIs.
• Rewards and Recognition: Identify High performers for motivation, rewards, incentives
& recognition .
Types of sales management
•B2C sales management: Business-to-consumer (B2C) sales involve selling goods
and services directly to consumers. B2C sales often drive leads from aggressive
marketing strategies.
•B2B sales management:Business-to-business (B2B) sales involve selling goods and
services directly to other businesses. B2B sales tend to involve higher value products
with longer sales cycles.
•Enterprise sales management: Enterprise sales involve selling complex goods or
services directly to large companies. Companies that sell enterprise solutions may
have multiple teams for different aspects of the sale, such as sales engineers
and inside and outside sales teams.
•SaaS sales management: Software as a service (SaaS) companies sell software or
applications over the web, usually by subscription. SaaS products are often sold by
an inside team who contacts potential customers by phone or email and close the deal
remotely.
Common Sales
Performance Criteria
• Total sales volume and increase over last year
• Percentage of target achieved
• Selling expenses and decrease versus last year
• Profitability of sales and increase over last year
• New accounts generated
• Improvement in performance of administrative duties
• Improvement in service provided customers
• Submission of different reports