Skip to main content

SALES PROMOTION PROGRAMMES


SALES PROMOTION PROGRAMMES

           Sales promotion programmes are required to be implemented in effective way to achieve sales targets. Sales department is the revenue generating department of the organisation which provides funds for the expenses of other department. Following prints must be given due consideration while deciding about sales promotion programmes:

(1) Identify the Basic Requirement: The first requirement for sales promotion programmes is to decide about the emergent needs of the firm.

(2) Identify Suitable Promotion Programmes:  Different sales promotion programmes may be suitable in different situations. Keeping in views the overall promotion strategy is should be decided, whether the dealer focused sales promotion programmes shall be suitable.

(3) Participation of Dealers and Salesman: Participative approach is essential for the success of sales promotion programme. Without the involvement of dealers and sales force the programme can’t be implemented effectively.

(4) Implementing the Programme: Implementation includes proper launching and timing of the programme. Degree of competition and essential demands are to be considered.

(5) Evaluation and Feed-back: After the expiry of time-span of sales promotion programme, it should be evaluated that up to what extent is has achieved in objectives. Deficiencies should be identified and this feed-back provides enormous help in the designing of next programmes.

Comments

Popular posts from this blog

Mintzberg’s Modes of Strategic Decision-Making

  Mintzberg’s Modes of Strategic Decision-Making 1. Entrepreneurial Mode: Strategy is made by one powerful individual who has entrepreneurial competencies like innovation and risk-taking. The focus is on opportunities. Problems are secondary. Generally, the founder is the entrepreneur, and the strategy is guided by his or her own vision of direction and is exemplified by bold decisions. 2. Adaptive Mode: Sometimes referred to as “muddling through,” this decision-making model is characterized by reactive solutions to existing problems, rather than a proactive search for new opportunities. Much bargaining goes on concerning priorities of objectives. The strategy is fragmented and is developed to move the corporation forward incrementally. 3. Planning Mode: This decision-making model involves the systematic gathering of appropriate information for situation analysis, the generation of feasible alternative strategies, and the rational selection of the most appropriate strategy. It incl...

International Sales Management

Int ernational Sales Management Sales management is the process of developing a sales force, coordinating sales operations, and implementing sales techniques that allow a business to consistently hit, and even surpass, its sales targets. If your business brings in any revenue at all, a sales management strategy is an absolute must. When it comes to boosting sales performance for any size of the operation, no matter the industry, the secret to success is always precise sales management processes. Besides helping your company reach its sales objectives, the sales management process allows you to stay in tune with your industry as it grows and can be the difference between surviving and flourishing in an increasingly competitive marketplace. The past decade has seen a number of changes in global situations. Chief among these is the opening up of Russia, India, and Eastern European countries and the emergence of China as a major market. A sale is an important element of marketing. ...

What Are Best Practices

  What Are Best Practices?             Best practices are a set of guidelines, ethics, or ideas that represent the most efficient or prudent course of action, in a given business situation. Best practices may be established by authorities, such as regulators or governing bodies, or they may be internally decreed by a company's management team.             “A best practice is a method or technique that has been generally accepted as superior to any alternatives because it produces results that are superior to those achieved by other means, or because it has become a standard way of doing things, e.g., a standard way of complying with legal or ethical requirements. Best practices are used to maintain quality as an alternative to mandatory legislated standards and can be based on self-assessment or benchmarking. A best practice is a feature of accredited management standards such as ISO 9000 and IS...