Science topic

Sales Management - Science topic

Explore the latest questions and answers in Sales Management, and find Sales Management experts.
Questions related to Sales Management
  • asked a question related to Sales Management
Question
10 answers
Dear Colleagues and Researchers,
Greetings!
I'm currently editing a book titled “Building Business Knowledge for Complex Modern Business Environments” with IGI Global and would like to invite you to contribute to the book by submitting your Chapters. Here is the link, and below you will find the deadlines.
About The Book
This book serves as a comprehensive guide to essential components necessary for navigating the complexities of contemporary business landscapes. It delves into crucial aspects such as strategic planning, financial management, technological integration, marketing strategies, and sustainable practices. Through detailed analysis and practical examples, the book offers insights into the dynamic interplay of these elements and their significance in achieving business success in today's rapidly evolving global marketplace. It caters to entrepreneurs, business professionals, educators, and students seeking a thorough understanding of fundamental principles essential for thriving in the modern business environment. The aim of this book is to empower individuals and organizations with the knowledge and tools necessary to navigate the complexities of modern business environments effectively.
The book also contributes significantly to the research community by synthesizing current knowledge and best practices in various fields related to business essentials. It offers a comprehensive overview of essential topics, providing researchers with a foundational understanding to explore deeper complexities and emerging trends within specific areas of interest. Additionally, the book may inspire further research inquiries into the intersectionality of business essentials with emerging technologies, socio-economic factors, and environmental sustainability, fostering interdisciplinary collaboration and innovation within the academic community.
Recommended Topics
1. Vision and Strategy.
2. Effective Organizational Leadership.
3. Financial Management.
4. Business Analysis and Excellence.
5. Business Ethics.
6. Sales and Marketing.
7. Business Sustainability and Diversity.
8. Human Resources, Culture, Team Building, and Talent Management.
9. Customer Experience Management and Engagement.
10. Marketing Management.
11. Engineering Management.
12. Project and Portfolio Management.
13. Risk Management and Governance.
14. Quality Management.
15. Entrepreneurship and Innovation.
16. Technological Integration and Artificial Intelligence (AI) Applications.
17. Operational Efficiency.
18. Supply Chain and Procurement Management.
Important Dates
May 19, 2024: Proposal Submission Deadline June 2, 2024: Notification of Acceptance August 11, 2024: Full Chapter Submission September 22, 2024: Review Results Returned October 20, 2024: Final Acceptance Notification October 27, 2024: Final Chapter Submission
Best Regards,
Dr. Ahmed Sedky
Relevant answer
Answer
Thank you for this opportunity. I will email shortly
  • asked a question related to Sales Management
Question
3 answers
Dear professors/researchers,
My name is Nicola Bombonato, currently enrolled in the Msc in Marketing Management at Bocconi University (Milan, Italy), nice to meet you!
I am looking for some academic literature regarding sales team performance, since I want to develop a research thesis in this field. In particular I am interested in analysing the effect of the group dimension and its impact on the sales team performance.
Do you have any academic articles to suggest?
Thanks in advance for your help.
Kind Regards
Nicola
  • asked a question related to Sales Management
Question
6 answers
Someone by nature a skilled trader, and someone will never be able to master it? Where is it better to get such knowledge: in special schools or courses or on personal experience working in a commercial company?
Relevant answer
Answer
person's personal ability?
  • asked a question related to Sales Management
Question
8 answers
Greetings All,
I am going to teach "Sales Management" Course for undergraduates level 3 and 4, therefore I am looking for a textbook with recent concepts, up-to-date examples, and easy-to-follow text. The textbook should facilitate the gradual knowledge building for students.
I have narrowed down my list to 2 textbooks but I still need to choose only one to be used as the main reference for the course. They are as follows:
1. Selling and Sales Management 10th ed.
Author:David Jobber; Geoffrey Lancaster.
Pearson, 2015.
2. Sales Management : Analysis and Decision Making, 9th ed.
Author:Thomas N Ingram; Raymond W LaForge; Ramon A Avila; Charles H Schwepker Jr; Michael R Williams.
Taylor and Francis, 2015.
It would be highly appreciated to hear from those who have taught/ teach a similar class and grad level about these 2 options and which one they think is better to use.
However, I am open for any other suggestions but the textbook should be 2015 and above and suitable to be used as a main reference by the undergards.
Last note, I am look for a "Sales Management" not a "Personal Selling" textbooks.
Thanking you in advance.
Relevant answer
Answer
Dear Alex Gillett and Ayodele C. Oniku , thanks a lot for sharing your thoughts. I have decided to go with the 10th edition of Selling and Sales Management for Jobber and Lancaster. In fact, I found that the connectivity, flow, and the examples of this textbook are way better than Ingram's textbook. Thanks again.
  • asked a question related to Sales Management
Question
3 answers
Working on the competency model for sales manager. I couldnt find any relevant research about the key/core traits and skills correlated with sales manager`s effectiveness.
Relevant answer
Answer
The competence of a sales person can only explain so much (but perhaps 25%–35% depending on the product or service). The quality of the product or service, the differentiation from other products that it signifies (which may include a competitive price), and the extent to which it provides a total customer solution probably explain much of the decision to purchase. This said, excepting the simplest products and services, it helps to understand the customer’s business (or interest), personally manage the total customer relationship, and act as the customer's delegate to remedy whatever problem arises post-sale.
  • asked a question related to Sales Management
Question
4 answers
I am studying reasons of attrition among pharmaceutical sales representatives. One of the major reason observed is 'non cooperation of immediate supervisor'. One HR expert suggested to include 'Superordination and Role centrality' in the study.
Relevant answer
Answer
Thank you so much Leonidas A. Papakonstantinidis.
  • asked a question related to Sales Management
Question
3 answers
Most of KPI on electronic retailers tend to deal with consumer atraction and retention; but i can't find equivalents in electronic retail that could provide the manager with  a clear profit vs costs image. What would be the sales-per-square feet average equivalent?
Relevant answer
Answer
In e-commerce is measured differently, the staff here as it sells is the Social Media Manager, SEO, etc. then it would be interesting to identify and analyze what would be the KPS are optimal to evaluate their performance in selling and retention.
  • asked a question related to Sales Management
Question
9 answers
I`m working on the correlations between organizational culture and sales productivity, so it would be great to have different views about "sales productivity".
Is it just sales / vendor?, or EBITDA / vendor? are there any differences among industries?
Relevant answer
Answer
you mean you looking for the operational definition of sales productivity in other words how to measure it.
Actually there are several trends on sale productivity such as; total revenue, cost per acquisition, and lifetime value.
  • asked a question related to Sales Management
Question
14 answers
National Furniture Company (NFC) is the manufacturer of home and office furniture. Currently they are in financial crisis and after an inquiry it was found that the problem occurred due to inaccurate demand forecast. The sales manager, who is responsible for the demand forecast was also contacted for explanation. At the other hand sometimes organizations have to spend huge money in holding the inventory which ultimately brings losses to the company.
Relevant answer
Answer
As a production manager, i will guide to sales manager to follow some steps as mentioned below-
1.Observe the demand of last 6-7 months.
2. Accordingly plan the material which has regular demand.
3. Do not stock the undemanded product.
4. Observe the market scenario and potential also.
  • asked a question related to Sales Management
Question
6 answers
Nepal has been recently hit by a devastating earthquake which was followed by almost 300 aftershocks above 4 on Richter Scale killing about 10,000 people and damaging millions of US dollars. Now, it is relevant and important to study how sales function can be revived in post-disaster marketing management. Could you please suggest me factors considerable in this regard and relevant research papers/ articles?
Relevant answer
Answer
Arhan, look into the "social marketing" approach that has been around for quite some time now. Previously, its focus was more on problems of developed countries, but it has since been applied more to developing countries like ours.
Below are links to book chapters on social marketing in general and social marketing for public health in particular which appear relevant to the case you are describing. If you can find a copy, Kotler and Lee's "Up and Out of Poverty: A Social Marketing Solution" (2009) is also a fine reference work on the topic. Look at its table of contents and I think the factors identified there are relevant to Nepal's situation.
With best wishes,
Emmanuel
  • asked a question related to Sales Management
Question
8 answers
Brand and sales to be differentiated on studies related to products and services of SMEs. 
Relevant answer
Answer
The nature of product would define the need for brand. one way to look at association between sales turnover and brand association would be in terms of the percentage of repeat sales to same set of customers. SMEs at times work on a limited set of customers and they create an equity for themselves in that limited customer base.
  • asked a question related to Sales Management
Question
6 answers
I need to describe current sales strategies and methods used by companies on industrial markets. Also I need to explain views development in this field.
Relevant answer
Answer
The sales strategy is derived from the overall business strategy.
The business strategy defines the strategic levers to reach the business goals. It is based on a clear picture about
- changes in the business environment, e.g. consolidation
- the status quo of the own business, i.e. market and financial performance - including market position, market share, turn-over, profit, etc.
The strategic levers defined in business strategy go beyond sales levers and include e.g. anorganic growth (M&A), new markets, etc.
The sales strategy elaborates on the sales specific levers that contribute to the overall business targets. It needs to take into account a clear picture on
- sales specific changes in the business environment e.g. purchasing preferences of the target customers, and
- the sales specific status quo. This includes performance indicators and their devleopment over the past 3-5 years, channels, organization/ people, process, methods, tools and support functions.
Specifically, the sales strategy needs to demonstrate how the sales specific targets (e.g. turnover growth 1% above market growth) can be reached through changes in the current set-up. The strategic levers may include a change in the channel mix and measure to improve the performance e.g.
- change of the organizational set-up e.g. changes of responsibilities - product lines versus customer groups, introduction of account management, hiring of sales staff with valuable customer contacts, performance management (individual targets, performance review, consequences - development, incentives)
- implementation of best practices through process (e.g. defined milestones with clear go/no go criteria in the tender phase), methods (e.g. value selling), tools (e.g. CRM software) and training
- support functions e.g. changes in marketing budget, marketing strategy, sales support