Objective of Sales Management
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 which meets customers expectations and does not break it. Thus sales management involves a strong interaction between Sales, marketing and Top management.
Sales Management and financial results
Financial Results are another objective of sales management and are closely related and therefore sales management has financial implications as well.
Sales – Cost of Sales = Gross Profit
Gross Margin – Expenses = Net profit.
Thus the variation in Sales will directly affect the Net profit of a company. Hence maintaining and managing sales is important to keep the product / service / organization financially viable.
The Objectives of sales are therefore decided on the basis of where the organization stands and where it wants to reach. It is a collaborated effort from the top management along with the marketing managers and sales managers to provide with a targeted estimate.
Objectives of Sales Management
By relivingmbadays on March 11, 2013
Every business firm has certain objectives to achieve. These objectives may be very explicit and definitive, or they may be implicit or general. From the company viewpoint, the general objectives of sales management are: 1. Sales volume 2. Contribution to profits 3. Continued growth 4. Market Share 5. Corporate Image
While all these objectives are important to a business firm, the objectives, relating to sales-volume, market share and profitability, are greatly affected by the effectiveness and efficiency, with
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 which meets customers expectations and does not break it. Thus sales management involves a strong interaction between Sales, marketing and Top management.
Sales Management and financial results
Financial Results are another objective of sales management and are closely related and therefore sales management has financial implications as well.
Sales – Cost of Sales = Gross Profit
Gross Margin – Expenses = Net profit.
Thus the variation in Sales will directly affect the Net profit of a company. Hence maintaining and managing sales is important to keep the product / service / organization financially viable.
The Objectives of sales are therefore decided on the basis of where the organization stands and where it wants to reach. It is a collaborated effort from the top management along with the marketing managers and sales managers to provide with a targeted estimate.
Objectives of Sales Management
By relivingmbadays on March 11, 2013
Every business firm has certain objectives to achieve. These objectives may be very explicit and definitive, or they may be implicit or general. From the company viewpoint, the general objectives of sales management are: 1. Sales volume 2. Contribution to profits 3. Continued growth 4. Market Share 5. Corporate Image
While all these objectives are important to a business firm, the objectives, relating to sales-volume, market share and profitability, are greatly affected by the effectiveness and efficiency, with