The name of the company was changed to 3M India Limited in Dec 2002. 3M in India has manufacturing facilities at Bangalore‚ Ahmedabad‚ Pune & Pondicherry with more than 1800 employees. For the Financial year ended March’11‚ 3M India posted a net sales of Rs. 1176 crores with net profits of Rs.99 crores The 3M technology solutions expertise has been tried and tested for performance‚ safety‚ value & productivity in markets that include Aerospace‚ Railways‚ Highways‚ Defense‚ Security‚ Mining
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Session 11 D o N ot Promotion‚ Sales Management‚ Direct Marketing& P.R July 24‚ 2012 • Direct marketing • Interactive marketing • Word-of-mouth marketing • Personal selling D o N ot C • Advertising • Sales promotion • Events and experiences • Public relations and publicity op y Modes of Marketing Communications op y What is Sales Promotion? D o N ot C Sales promotions consist of a collection of incentive
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pharmaceuticals‚ but can be applied to virtually any industry. Often‚ research and development works closely with the marketing department. Marketing studies consumer trends by surveying and researching consumer demands‚ purchasing methods‚ product sales‚ and the existence and development of technology across the relevant market. The marketing department gathers all the data‚ and makes this information available to the R&D department‚ which will take action in response to the findings and proceed
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Revenue and sales maximization Revenue maximization Maximizing sales revenue is an alternative to profit maximization and occurs when the marginal revenue‚ MR‚ from selling an extra unit is zero. The notion that business firms (especially those operating in the real world) are primarily motivated by the desire to achieve the greatest possible level of sales‚ rather than profit maximization. On a day-to-day basis‚ most real world firms probably do try to maximize sales rather than profit. For firms
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TERM- PAPER Lost Sales Forecast Table of Contents Introduction 3 Carlson Department Store Sales data for September 1992 through August 1996 4 Countywide Department Stores Sales data for September 1992 through August 1996 5 Choosing the appropriate forecasting method 6 Trend and Seasonal Components in Forecasting 7 An estimate of lost sales for the Carlson Department Store 10 Conclusion 10 Introduction The
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1.0 Introduction Sales and Inventory System is a computer based way of checking and auditing of the sales of the company‚ it is faster and more reliable rather than doing manually. The system can lessen errors in editing and can be easily accessed any time by the company. Sales and Inventory System makes the company more productive‚ efficient‚ and convenient to the company and its customers. The system is meant to help the company show more relevant items to the customers‚ hoping to expedite
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Is Sales Ethics an Oxymoron? Introduction It has been said that sales ethics is an oxymoron. In this paper‚ this topic will be discussed. First‚ what is an oxymoron? It can be explained as the bringing together of two apparently contradictory concepts such as ’a great defeat ’ or ’humiliating honor ’. From this topic‚ it is saying that sales ethics is an oxymoron which indicates that there is no ethic in sales. It is suggesting that sales are in some degree unethical. For example‚ it may believe
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SALE SOFT‚ INC. Background – * Sale soft‚ Inc is a software development company which operates in the sales automation sector. * The company aims to become the market leader in the near future. * The company has identified huge demand in SA and to meet the demand it is developing PROCEED Sales and Marketing Resource Planning system (SMRP). * Its customers moreover need particular software from them which would solve their sales management process. * But‚ Sale soft‚ inc
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Sales management entails numerous objectives which are executed by sales managers. There are mainly three such objectives 1. Sales Volume 2. Contribution to profits 3. Continuous Growth The sales executives in this case are the ones who help implement these objectives. However it is the top management who has to outline the strategies to achieve these objectives of sales management. The top management should provide products which are socially responsible and are marketed in a manner
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SALES ORGANIZATION STRUCTURE Introduction Once the sales plan has been formulated‚ the next logical step is to organize a sales force to achieve the enterprise objectives. Decisions must be made as to the type of sales tasks required to be performed and as to how the sales people should be grouped together to ensure effectiveness and efficiency. The scope of their sales responsibility‚ line authority and accountability must be defined so that the sales activities can be well coordinated. The
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