Posts

Does Your Company has a Sales Prevention Dept?

Sanjay, a Distributor in a mid level FMCG company is fed up of calling company office again and again for his pending claims with the company A.  Claims involve money. Investment in claims is investment too and it affects his working capital requirement.  Reduction in working capital = less money to buy company goods as per market demand= less sales = less profit. He is fed up of this delayed claim settlement by company. He has made up his mind to leave distributorship of the company as soon as his claims are settled.  Sunil, distributor of another OTC company B, is frustrated for not receiving stocks even 10 days after making advance payment. He has experienced this delay in his orders every time he placed sales order to the company. Company is based just 300km away from his town. At maximum he should receive stocks against his order within two days of advance payment being credited to company account. But it does not happen. Sunil is in talks with other company C market...

A tip to Avoid Sales Stress.

Sales is a challenging profession. Every sales call, every day matters in Sales.  No one can fake around productivity in sales. Here performance,most often,is mostly objective and is in numbers. Sales targets and achievements are in numbers. This objective nature of sales job "can make it stressful" for most sales people. Another factor adding to the stress quotient is that it is THE only function in company which "brings money" to company. Rest all depts in a company consume money. Because it generates revenue for the company, so sales folks are always being followed up on their sales numbers. "How much productive calks you made?" "How much sales have happened till date?" "Why you are so low on sales targets till date?" "When will payment of X will come?" "When the new customer will get operational in town B?" One or more of such questions follow sales people almost every working day. No wonder Most sellers are stre...

Sales Function Deserves Respect

  Marketing consumes money. Branding devours money. Operations guzzle money. HR consumes😋 money. $a£es Brings money. Then why #sales function doesn't gets its due respect always? #b2b #bdr #sdr Sales Wheel 

Sales Activities

Scene No, 1 Rajesh is busy working in the market making sales calls to his customers. He is upbeat as most of his sales calls are productive. He is in the middle of a sales call when he receives a telephone call from his boss. Boss: "Rajesh, what are you doing now?" Rajesh: "Sir, I am working in the market." Boss: "Leave the market now, and send us your sales plan for the coming week." Rajesh;"Ok sir, but can I send the same in today evening". Boss; "No, send it within the next 20 minutes, as I have to present my sales plan for the coming week to my boss within the next 45 minutes, so do it fast." Rajesh (swearing under his breath); "Ok boss". Scene 2: Preetam is sitting with his distributor and discussing the sales plan with him for the current month. He has checked the stocks and sales of the distributor.  He is about to make the primary sales order of the distributor when he receives a telephone call from the office. Sales ...

Five Signs of a good salesperson

Image
 Following are some of the factors which decide a good salesman: Good salesman is one who sells not products but solutions to the customer keeping in mind the needs of customers. A good salesman is one who solves the problems of his customers concerning products/services provided to the customers by him. He achieves his/her targets by meeting needs of both his customers and his/her company.                                                   Image:stock unlimited He also provides timely information about competitor activities to the top management. He keeps on adding more customers to his list of customers to ensure regular and stable sales from different customers during different phases of year. He ensures timely resolution of the problems being faced by his customers. For him the customers come first as satisfaction of his customers will ensure steady busine...

5 Sales Skills Every sales person Needs

Image
 A person willing to make career in Sales must have following qualities : Must have good listening skills. Listening more helps sales persons (SPs) helps them learn more about customer issues and customer needs.  Knowledge about customer needs helps SPs to sell right products or services to customers. Patient listening to customer problems helps SPs provide timely and appropriate solutions to their customers SPs should be hard working . All skills can come to a zero if SPs are not hard working. Hard working SPs with less skills can beat non hard working skillful SPs.                                       Image: National Association of Sales Professionals Must have good communication skills. With good communication skills , SPs can deliver their messages to their customers and other persons effectively and thus sell more. SPs should have problem solving skills. Sal...

Benfits of Sales job-Unique Life Lessons

Sales is a very challenging profession. The more challenging it gets, the more rewarding it becomes. There are few other professions that are as numbers-oriented as sales. By being numbers-oriented I mean, in the sales profession performance is measured with numbers like: _% targets achieved. _% new customers added.  _% of sales metrics achieved. Remuneration and incentives are directly linked to sales performance. In other words, Performance management reviews are more objective in nature in sales than in other professions. This objective nature of the sales job makes it one of the most insecure professions in the world. Performing well above average, your job is relatively safe. But if your performance is below average then it can be curtains for poor sales performers. The sales profession is very demanding. And this adds to the stress of sales professionals. Having been in the Sales profession for more than 28 years, I can vouch for the stress that this profession brings. But I ...