Speed and Efficiency A computerized inventory management system makes everything from inputting information to taking inventory easier. Doing a hand count of inventory can take days‚ but with a computerized inventory management system‚ the same process can be done in a matter of hours. Document Generation Once the computerized inventory management system is in place‚ managers and workers can use it to automatically generate all kinds of documents‚ from purchase orders and checks to invoices and account
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Sales Contests Work if they are implemented correctly Sales contests provide a great tool for the sales manager to motivate his sales force in both the short and long-term. However‚ in order to work for the sales manager and provide value to the sales force the objectives of the sales contest must to be carefully defined. Pitfalls‚ like a "coin operated sales force" and unmotivated salespeople can be the result of a thoughtlessly designed sales contest. Lastly‚ there are a great variety of sales
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insufficient or lost information. Unfortunately‚ the Slave Sale dataset is an example. The information presented can only allow and understanding of slave trade in the seven states. Something that I wish the spreadsheet recorded were names. Although I am sure there might be other records with names of slaves‚ it would have been beneficial for this recording. Introducing names also provides a different aspect to analyze. For example‚ slave sales often times broke apart families‚ with more names recorded
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com/2007/07/04/my-take-on-spin-selling-part-1/ Sales Behavior and Sales Success Successful Salespeople are… • • • Not better closers Not better at handling objections Not better at using open ended questions Many beleive the 3 key components to a sales pitch are: 1. Uncover needs with open and closed questions. 2. Overcome objections. 3. Close for the business. Huthwaite (Rackham’s research company) found through 10 yrs of research that the methods listed above are: • Good for low-value sales According to Rackham
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Sales and Marketing Sales and marketing is a love hate relationship within a company. They both are vital to the selling process‚ but their jobs‚ while having the same objectives‚ are extremely different and often causes tension within a company. Marketing is based on research and development for a product in order to focus where it is to be placed in the market‚ how it is priced and promoted‚ while it is Sales duty to take the findings from the research and use them to land clients and customers
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the major reasons for using sales contests. What makes a good sales contest? • Increase number of new customers • Develop sales of a new products • Counteract sales slumps due to seasonal variations • A good sales contest needs to have realistic goals‚ should be publicized and promoted‚ not too long of duration (approx. 2 weeks‚ if runs too long interest is lost)‚ give the reps prizes that they value‚ don’t make it so only the top sales people win. 1.13Identify
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SALES FORCE In today’s global marketplace‚ managers face many challenges related to fulfilling the customer’s ever-changing needs and expectations. The concept of customer service has recently become more complex as a result of globalization of goods and services. Customers are now well-informed decision makers as a result of the abundance of information that is available online and in the media. In addition‚ today’s consumer is most concerned with how a salesperson can solve basic problems and
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Brock McKinnon Feb. 12‚ 2004 Sales Ethics What are they and how can they be better Followed? To fully understand the nature of the question posed one must know the meaning of ethics. Webster ’s dictionary defines ethics as the philosophical study of the moral value of human conduct and of the rules and principles that ought to govern it; moral philosophy‚ the moral fitness of a decision‚ course of action‚ etc. Basically‚ I believe ethics is how one makes a decision according to the social
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1. What are the pros and cons of Mr. Evans’s e-commerce strategy? What is the best argument that Ms. Miko can make to keep her sales force intact? In your opinion‚ should Cardinal Connectors Inc. eliminate its sales force? Explain. 2. Assume your company‚ which sells paper products‚ has 60 percent of the business at your largest account. What factors would make it relatively easy for you to get a larger share of that customer’s business‚ and what factors would make it harder? 3. One manufacturer
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Organ Sales Imagine you are in the hospital and that you have been placed on life support because you are in need of a new kidney‚ heart‚ or liver. Would you be put on the national transplant list‚ hoping to get the life sustaining organ you need‚ or would you go look for someone willing the sell the organ you are in need of? People donate their bodies to science every day so that students can dissect them and hopefully learn something. There is also approximately 18 people who die every single
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