Professional Documents
Culture Documents
Presented By:
Presented To:
Wajid Ali
3335
Nabita Ishtiaq
3353
Rana Tassadaq
3316
Company:
INTRODUCTION
The history of salesmanship is as old as the human
civilization itself.
R.L .Stevenson had once famously remarked,
Everybody is surviving on selling something to
someone.
The salespeople in the past were not held in high
esteem by the society.
The Roman equivalent of the word salesperson is
cheater.
Today, however, an organization relies heavily on
its salesperson, that is, its sales force.
understand
the
concepts
of
Sales
Organization.
Managing and staffing of the Sales Force.
Performance
management
and
Reward
system used.
Hiring & Motivation Process of Sales Force.
Training system of the Sales force in an
HIRING OF SALES
PERSONNEL
Every company aims at recruiting the right person
for the right job.
The greatest challenge faced by organizations
today is to be able to recruit the best talent and to
be able to utilize that talent to achieve
organizational objectives.
Recruitment and hiring the right people is as
important in a sales organization as it is in any
other organization.
Hiring, contrary to the popular perception is an
ongoing process and not confined to the formative
stages of the organization.
CONTD
Psychometric tests these are used to look into
the mind of the candidates.
Background checks here the purpose to screen
out undeserving and undesirable candidates.
Personal Interview in many organizations, a
potential employee is called for a personal
interview only after he or she clears the
background check.
Physical Examination
Making the Employment Offer the last stage
in the selection process involves making the
employment offer to the candidate.
HIRING AT
English Pharmaceutical
Industries
Now, let us take recruitment and selection at English
Pharmaceutical Industries. The sources which it uses
for the purpose of recruiting the sales force are:
Employment agencies
Internet
Reference from Current Sales People
Advertisement in Newspapers
Campus Placements
Internal Promotions/Transfers
TRAINING
The training provided should be based on the need
assessment of the salesperson. However, very few
organizations take this trouble.
Most of the organizations design a formal and
common training for all its new recruits.
The types of training
provide can be listed as,
that
the
companies
MOTIVATION
Success is achieved and maintained by
those who try and keep trying.
(W Clement Stone)
CONTD
They get demotivated due to frequent rejections
by the customers, lower esteem ascribed to the
sales job, and customer complaints about noncompliance of the products and services.
The nature of job
motivation levels.
itself
serves
to
weaken
MOTIVATION AT
English Pharmaceutical
Industries
English Pharmaceutical Industries pays a great
attention on maintaining the motivation levels of
its sales force.
This is a very important aspect of sales force
management.
A research conducted by Hay Group found out that
the cost of replacing a single pharmaceutical
representative is well over one hundred thousand
dollar.
This figure does
opportunities.
not
include
the
lost
sales
CONTD
As such, the reward system should address
the short-term as well as long-term issues of
the salespeople.
While survival is the short-term issue of the
salesperson, recognition and growth in the
company are his long-term needs.
The compensation should be guarantee fair
wage.
The pattern of remuneration should be such
that it should reflect a stream of stable
Steps in Designing
Compensation Plan
Determine
Sales
Force
&
Compensation
Objectives
Determine Major Compensation Issues
Implement Long-term & Short-term Compensation
Plan
Relate Rewards to performance
Measurement of Performance
Review and Revise (if needed) the compensation
plan
Also, the performance appraisal of the salespersons
REWARD SYSTEM AT
English Pharmaceutical
Industries
CONCLUSION
The
management
policy
at
English
Pharmaceutical Industries is a function of
various factors environment, strategy adopted by
the organization, organizations learning curve,
and sales managers own understanding of the
environment and his tactical responses.
Organizations policy, especially those which are
related to performance management and training
and development are heavily influenced by
organizations learning curve.
That is to say, organizations choose those policies
which they deem to be addressing their need,
based upon experience. New firms, obviously, do
not have such advantage.
THATS ALL
Thank You