Preview

HRM jindi enterprise

Powerful Essays
Open Document
Open Document
1344 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
HRM jindi enterprise
Question 1: Consider the sales process in each market (low-end residential, high-end residential and industrial). How effective are Jindi’s sales and sales management practices in the first two markets? What should they do to be effective in the industrial market?
There are two main ways of sales process regarding this kind of product:
1. The Direct Walk-in
2. The Targeted Promotions
The first one (the Direct Walk-in) consists in patrolling on the street to identify new constructions projects. Once recognized the sales lead, the sales engineer walks in and introduces himself and the product to sell. In most cases the potential buyer is an experienced worker without much technical knowledge about HVAC products. In fact, their primary concerns aren’t technical features but, rather, the price, the delivery time and the service. This sales approach is best suited to the low-end residential market. On the low-end market, the accessibility is much easier, since projects are executed by small firms or individuals, whose main concerns are, as mentioned, the price, the delivery time and the geographical proximity (because it’s a regional market). These are the Key Success Factors in this market from which comes the 80% of Jindi’s revenues. Besides, these contractors are free to choose the HVAC vendors, often still during construction or almost near its end. The firm does mostly “Direct Walk-ins” instead of “Targeted Promotions”.
The Targeted Promotion is a sales process focused on giving more technical presentations to selected design firms, architecture firms and contractors. This approach is best suited to the high-end residential market in which usually the architectural design firms choose the HVAC vendors during designing projects, before the actual construction. HVAC products are included on the design from the beginning, so delivery time is not a big issue, since there is much time to schedule the manufacture. The key factors in this market are the

You May Also Find These Documents Helpful

  • Powerful Essays

    Modified Advertisements 30 Local and Regional Ad Placement 31 Price and Priority 31 Opening Sales Offices 31 Sales People 31 Sales Forces Promotions 32 Report to Executive Board of Corporate Headquarters Financial and Market…

    • 5987 Words
    • 24 Pages
    Powerful Essays
  • Better Essays

    | The problem facing Janmar Coatings, Inc. is deciding where and how to execute corporate marketing efforts in the southwestern United States. Janmar Coatings is currently marketing to 50 counties, their main focus area so far has been the 11 counties in the Dallas-Fort Worth area. The main issue Ronald Burns, the president of Janmar Coatings, is having is trying to come up with a solution to market his company in the most cost effective way during 2005. After 2 long meetings with his executive team he still has no clear direction. He has gathered an approach from each of his team members, including: VP of Advertising, VP of Sales, VP of Operations, and VP of Finance, and now has four solutions to consider. The VP of Advertising has proposed to increase corporate advertising with an large emphasis on television. The VP of Sales proposed hiring a new field representative to help generate new accounts. The VP of Operations has proposed a 20% price cut on all Janmar product sales. The VP of Finance proposed that nothing be done; that the company continue with their current efforts and keep a 35% contribution margin. After looking at the company’s overall goals and finances, I would agree with the VP of Sales. Based on his suggestion, I believe it would be a smart time to hire a new sales representative for Janmar. The cost attributed to company for hiring a new sales representative would be $60,000 per year. And the amount of sales revenue needed to cover this expense is $170,000. However, if this sales representative position is correctly used, they will be able to make this margin back rapidly. Because by concentrating on only developing new retail accounts in the non-DFW area, the company could generate lots of sales to a brand new buyer market. Janmar has realized that they need to focus more energy on the ‘Do-it-yourselfers’ as they say, or DIY…

    • 1341 Words
    • 6 Pages
    Better Essays
  • Better Essays

    1.As the product is high quality the sales representatives can approach to the high profile customers like hotels, offices etc.…

    • 971 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Marketing Plan Template

    • 269 Words
    • 2 Pages

    Price 3 3. Place 3 4. Promotion 4 V. Strengths, Weaknesses, Opportunities and Threats 4 VI. Marketing Objectives and Goals 4 VII. Marketing Tactics* 4 VIII.…

    • 269 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    BA 488 first section

    • 1562 Words
    • 7 Pages

    4) Briefly describe the five alternative approaches to personal selling. Which are more transaction based and which are more trust-based?…

    • 1562 Words
    • 7 Pages
    Satisfactory Essays
  • Good Essays

    Loctite Inc.

    • 908 Words
    • 4 Pages

    The direct sales method works best in Loctite’s North America distribution region. This is because Loctite knows the personality of the region the best and how to make a large sale happen. In North America, Loctite does not need and intermediate distributor to buffer the sales between Loctite and the final consumer. In fact, in the year 1992, direct sales to large end users made up 40% of Loctite’s industrial level business in North America. Loctite will set up an agreement with independent distributors where they own 51% of the joint venture. This technique works better in regions where there are a lot of different countries with different cultures that Loctite does not know much about. For example, Loctite…

    • 908 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Marketing Flyer Plan

    • 317 Words
    • 2 Pages

    This assignment analyzes the key business environment considerations for a new marketing initiative for XYZ Construction, Inc. Specifically, the goal of this assignment is to create a plan for the design of a marketing flyer so that the owners of XYZ Construction, Inc. can prepare to expand operations nationally and internationally and educate potential customers on the services offered by the firm. To accomplish this goal, an outline of the key offerings of XYZ Construction, Inc. is presented, including (1) the residential and private services offered by the firm, and areas that are compatible for expansion; and (2) project management…

    • 317 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Dentex Case

    • 2959 Words
    • 10 Pages

    Petrenko. A. Marketing (promotion and placement) [Power Point Slides]. Retrieved from Lecture Notes Online Web site: https://moodle.yorku.ca/moodle/course/view.php?id=39261…

    • 2959 Words
    • 10 Pages
    Better Essays
  • Good Essays

    Marketing and Product

    • 3133 Words
    • 13 Pages

    Company G, a company with a terrific history, produces high quality small appliances. Company G’s reputation speaks for itself, having earned the title of one of the most Reputable companies today. N Company G is continuing this by introducing our new appliance called G camera X.…

    • 3133 Words
    • 13 Pages
    Good Essays
  • Satisfactory Essays

    HRM Pty Ltd

    • 451 Words
    • 2 Pages

    To achieve successful policies/processes relating to separation and termination they need to be implemented correctly. The key elements of a successful policy/process is the ease of the implementation and the fulfilment of purpose. I propose the employees responsible for this duty would benefit from additional awareness and training on the correct methods used.…

    • 451 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    manage risk

    • 602 Words
    • 3 Pages

    Max Lionel Realty (MLR), in order to build customer goodwill and satisfy its legal and…

    • 602 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    Sales Report Example

    • 3777 Words
    • 16 Pages

    Jobber, D. And Lancaster, G. (2006) Selling and Sales Management. 7th ed. England: Pearson Education Limited.…

    • 3777 Words
    • 16 Pages
    Best Essays
  • Powerful Essays

    Our income is earned in a few ways. First, with participations in which there is a month to month charge that gives rebates on services; full cost is charged to non-individuals for administrations. Our primary objective is to cultivate associations with customers and keep them through nature of administration and items. The second strategy for deals will be supported through rehash business and word-of-mouth advertising .…

    • 1910 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    1. Introduction..................................................................................................................... 3 2. Analysis of current issues with the sales process............................................................ 4 2.1 Key interfaces of the sales process ........................................................................... 4 2.2 Performance objectives............................................................................................. 8 2.2.1 Operational resource capabilities..................................................................... 10 2.2.2 IT resource capabilities .................................................................................... 11 2.2 Principle Strategies ................................................................................................. 13 2.2.1 Planning and control ........................................................................................ 13 2.2.2 Capacity ........................................................................................................... 13 2.2.3 Current Issues................................................................................................... 14 2.3 Quality and Improvement ....................................................................................... 14 2.3.1 Current Issues................................................................................................... 14 3. Proposed Course of action ............................................................................................ 15 3.1 Prioritizing action.................................................................................................... 15 3.2 Performance…

    • 5731 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    | Role of Selling in Modern Business [Topic 1].Attributes of a successful sales person was the main thing that appealed to me within topic one. Self discipline, good communication skills, hunger for success, willingness to learn and passion are all attributes that I believe I have. Aligning these attributes with my own was important as it assured me that I was making the right decision in pursuing a career in professional sales.I have been involved with retail sales for the last seven years, including key holder positions with four different stores. I feel that it is fair to say that my hunger for success was the most influencing factor is my decision to pursue a sales career; I am very interested in a career in which my income reflects how hard I work. As I am a passionate guy I would also like to this, when faced with this opportunity I would prove my worthiness. Learning that my attributes align with that of a successful sales person was also a contributing factor in my continuing with the course. As I am taking extra papers this semester I was not sure if I would be able to keep up with the work load, it assured me that I had made the right decision in picking up professional selling. I feel that I am a very good communicator as well, although there is always room for improvement. I am in my final semester of a BCS and would like to think what I have learnt over the last three years have made me a better communicator, and in turn a better sales person.…

    • 2619 Words
    • 11 Pages
    Good Essays

Related Topics