Cours 1- Strategy Role Of Sales Force And Marketing Flashcards

1
Q

Designing a sales force, manager need to decide on

A
  1. The sales force’s objectives and strategy
  2. Its structure and size
  3. Its system for hiring, training, evaluations and compensating
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2
Q

Sizing the sales force

A

8 step method to construct sales force size

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3
Q

8 step method to construct sales force size

A
  1. Segment the types of customers and estimate the number
  2. Estimate the call frequency
  3. Step 1 x step 2
  4. Compute the net number of working days possible - vacation / sales person
  5. Identify the time necessary/ sales call (including travel time)
  6. Hours per day x step 4
  7. Step 6 / step 5
  8. Step 3 / step 7
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4
Q

Personal selling

A

Crucial part of marketing

Involves interpersonal communication between buyers and sellers to initiate, develop customer relationships

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5
Q

What is go to market strategy

A

Defines the activities and the participants that connect a firm to its customers and prospects

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6
Q

Sales forces

A

Direct : sales to customer face to face

Indirect : agents, distributors, retailers ; value added partners

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7
Q

Non sales functions

A

Tele channels
Internet
Advertising & promotion
Direct mail

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8
Q

Influences on décision Consumer buying process

A
  • personal influences
  • psychological influences
  • social influences
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9
Q

Buying center

A

A cross functional team of decision makers who often represent several departments

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10
Q

Sales process matched to

A

Customer

Buying needs

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11
Q

Why direct sales forces is important

A

More convincing
More demonstrating
Face to face
Persuasive

High cost of maintaining a sales force

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12
Q

Role of sales force

A

Delivering the products and services

Distributing, collecting data’s on market

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13
Q

Marketing communications strategies

A

Personal selling driven

Advertising driven

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14
Q

Personal selling driven

A
  • message flexibility
  • timing and credibility
  • reaction speed are important
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15
Q

advertising driven

A

When low cost per contact
Repetitive contact
Control of messahe important
Audience is large

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16
Q

Communication strategies

A

Push strategy

Pull strategy

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17
Q

Push strategy

A

The producer directs its marketing activities toward channel members to induce them to carry products

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18
Q

Pull strategy

A

The producer directs its marketing activities toward final consumers to induce them to buy the products

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19
Q

External forces

A

Customers
Compétitions
Environment

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20
Q

Internal forces

A

Company strategy —> marketing and sales strategy

21
Q

Types of sales person

A
  • field sales rep
  • inside sales (store or phone)
  • missionary sales : influence them
22
Q

Today sales force exists to

A

Solve customer’s needs rather than to simplify sell

23
Q

When to choose direct force ?

A
  1. The product is specialized in terms of function, market
  2. The product line is relatively wide
  3. The organization is sufficiently established to support the additional employees
24
Q

Downsizing direct sales force is difficult

A
  • in countries where labor laws require extensive pre layoff notifications
  • firms are vulnerable to cost pressure and must respond to regulatory constraints
25
How to manage the enormous costs of maintaining a sales force
- downsize - favoriser indirect channels - shift to smaller teams with more limited responsibilities - defonse area of focus : high customer lifetime value
26
High customer lifetime value
Present value of future profits expected from a customer by using a leverage sales force
27
Sales force design
Dynamic sales force decision marking : a process that seeks for optimizing the sales force coverage to the given customer segment
28
Key sales force design question for sales manager
- how many sp should we have in each role ? - should the company sell directly or indirectly ? - how should I assign responsibility to sp to maximize coverage and give them faire chance to succeed ?
29
Key sales force design questions for sp
- which customers should I focus on? | - what offering is best to each customers
30
Sales force design process steps
3 steps
31
Step 1
Determine an appropriate sales strategy
32
Appropriate sales strategy
Who to sell ? Customer segmentation What to sell Customer offering How to sell Link the selling process steps to a customers buying process
33
Customer segmentation
Profile | Behavior : historical, growth, loyalty
34
Customer offering
Price system program products/services
35
Step 2
Define the go to market strategy
36
How to define the go to market strategy
Use multiplication le selling channels that work together to accomplish critical selling activities in an effective and efficient manner
37
Sales and marketing channels
``` Value added partners Direct sales force Télé channels E channels Advertising and promotion ```
38
Step 3
Focus on sales force design
39
Focus on sales force design
Structure Size Assignment of responsibilities
40
The optimal structure and size of a sales force depends on
Micro and macro economic factors
41
Micro and macro economic factors
Product Market Account Geography
42
The effectiveness or efficiency change over time
The sales force structures should be revisited at each stage of the business cycle
43
Direct sales force
Recommended when control is important over the info flow and budget planning Product line is wide No specific knowledge or qualification is needed Product is specialized in terms of function market ...
44
Indirect sales force
``` Seasonal goods Market fragmented Lacks of knowledge Few products Selling cycles is short and orders are small ```
45
Personal selling driven
Few buyers Buyers concentrated geographically Post purchase service important
46
Adversitig driven
``` Low cost per contact Large audience Product less complex Time saving Dispersed geographically ```
47
Market penetration
Identify new sales opportunities with your actual customers
48
If the market strategy is expanding the geographic scope + increasing the sales in existing areas
Sales force implication : - management : prospecting, incentive plan - sp : prospecting with reports, strengthen the detailing skills Non sales function : detailing : webinar, report, conference, press ...
49
Factors to consider before deciding on its sales force design
External factors : industry, competitors, customers, channel partners Internal factors : sales and non sales functions Micro and macro eco factors