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Sales and Promotions Management




                    Notes          7.  ……………..are long lasting prizes given to the salespersons, which they can cherish for
                                       lifetime.
                                   8.  …………………..is same for sales as service blueprint is for service.
                                   9.  A company doesn’t consider any of its past records for estimating new sales goals. It is
                                       following……………………….method of budgeting.
                                   10.  A  company  sets  its  budget  by  looking  at  its  resources  at  hand.  They  are  using
                                       ………………..method for budgeting.


                                   4.7 Review Questions

                                   1.  “Sales meeting is not just a sales presentation”. Comment.
                                   2.  “Training is often perceived as a cure for weak performance”. Discuss.
                                   3.  Analyse the importance of learning in making a good presentation.
                                   4.  Explain the technique of a good sales meeting.
                                   5.  Examine the relevance of sales contests.
                                   6.  Is cash a better reward than merchandise or recognition? Give your viewpoint and justify.

                                   7.  “Budget is a blue print to making profitable sales”. Comment.
                                   8.  As a sales manager of a software firm, how can you make effective use of sales budgets?
                                   9.  Critically analyse the methods used for budgeting. Which one according to you is most
                                       efficient and effective?
                                   10.  Suppose you are  a sales manager of an insurance  company. What  factors would you
                                       consider while drafting out your sales budget.
                                   11.  Use hypothetical figures to show the sales budget calculation of the sales division of XYZ
                                       Motors.

                                   Answers: Self  Assessment

                                   1.  Sales meeting                     2.   Participation

                                   3.  Selling campaigns                 4.   Self esteem
                                   5.  S.M.A.R.T                         6.   4-6
                                   7.  Merchandise                       8.   Sales budget
                                   9.  Zero based budgeting              10.  Affordable

                                   4.8 Further Readings




                                   Books       Dr. SL Gupta, Sales and Distribution Management, Excel Books, New Delhi.
                                               Johnston and Marshall, Sales Force Management, Tata McGraw Hill, 2007.
                                               Ingram T.N., LaForge, R.W., Avila, R.A., (2006),  Sales Management, 6th Edition,
                                               USA; Thomson South-Western.








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