Sales Management syllabus
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Sales Management
8 units
4 Sales Planning and Forecasting (6 LHs)
5 Sales Force Management (10 LHs)
6 Channel Decision in Sales Management (6 LHs)
7 Management of Sales Quotas and Sales Territories (5 LHs)
8 Sales Evaluation and Control (5 LHs)
1. Introduction (5 LHs)
- Meaning of marketing
- Meaning of marketing
- Meaning
- Objectives and importance of sales management
- objectives and importance of sales management
- Evolutions of sales management
- Evolutions of sales management
- Sales management and overall performance
- Sales management and overall performance.
2. Sales Executive (5 LHs)
- Position of sales executive in the organization structure
- Position of sales executive in the organization structure
- Functions of sales executive
- Functions of sales executive
- Relation of sales executive with top management
- Relation of sales executive with top management
- Other departments
- and other departments
3. The Sales Organization (6 LHs)
- Concept and purpose of sales organization, Process of setting up a sales organization
- Concept and purpose of sales organization, Process of setting up a sales organization:- Defining objectives, Determination of activities and their volume of performance, Grouping activities into positions, Assignment of personnel to positions, Provision for coordination and control. Basic Types of Sales Organization: Line sales organization, Line and Staff sales organization, Functional sales organization, Committee sales organization
- Methods of measuring Sales Organization Effectiveness
- Methods of measuring Sales Organization Effectiveness:– sales analysis, marketing cost analysis, classification of marketing expenses, credit control, market share analysis, budgetary control, ratio analysis, management by objectives (MBO)
4. Sales Planning and Forecasting (6 LHs)
- Concept and importance of sales planning
- Concept and importance of sales planning
- Types of Sales Planning
- Types of Sales Planning: Strategic sales planning
- Operational sales planning and Tactical sales planning. Components of Sales Planning
- Operational sales planning and Tactical sales planning. Components of Sales Planning: Expenditure budget
- staff motivation
- Training and support
- training and support
- Evaluation and control
- and evaluation and control
- Sales Forecasting Techniques
- Sales Forecasting Techniques: Executive opinion
- Sales force opinion
- Moving average
- Regression technique
- Regression technique
- Multiple factor index approach
- and Multiple factor index approach.
5. Sales Force Management (10 LHs)
- Concept of sales force and sales force management
- Concept of sales force and sales force management, Functions of sales force management. Recruitment: Source, methods of recruitment, Selection: Process, Selection tests:- Formal application form, Interview, Reference and credit checks, Psychological test, Physical test. Training: Defining training aims, Training methods, Evaluating sales training programs. Motivation: Concept of sales force motivation, Motivational help from management, Theories of Motivation, Compensating the sales
- force: Concept of compensation, Types of compensation plans, Fringe benefits Sales Meetings: Sales Meetings and Sales Contests
- Evaluation
- Evaluation: Supervising, Controlling and Evaluation of the Sales force performance.
6. Channel Decision in Sales Management (6 LHs)
- Meaning and elements of distribution, Distribution System
- Meaning and elements of distribution, Distribution System: Methods of direct and indirect distribution systems, Types of Channel Members: Types and functions of channel members. Channel Conflict: Reasons of channel conflict
- Nature of conflicts and Methods of resolving channel conflicts
- Nature of conflicts and Methods of resolving channel conflicts
- Physical Distribution
- Physical Distribution: Physical distribution and logistics managemen.t
7. Management of Sales Quotas and Sales Territories (5 LHs)
- Concept — Management of Sales Quotas and Sales Territories
- Concept, Objectives and types of sales quotas, Administering the Quota System, Reasons for not using Sales Quotas
- Concept and types of Sales Territory, Reasons for establishing Sales Territories
- Concept and types of Sales Territory, Reasons for establishing Sales Territories
- Reasons for not having Territories
- Reasons for not having Territories
- Procedure for setting up Sales Territories
- Procedure for setting up Sales Territories.
8. Sales Evaluation and Control (5 LHs)
- Concept of sales control, Need of Sales Evaluation and Control
- Concept of sales control, Need of Sales Evaluation and Control
- Process of Sales Control
- Process of Sales Control
- Tools of Sales Control and Analysis
- Tools of Sales Control and Analysis: Sales audit, Market audit, Sales force expense analysis