CHAPTER #1
INTRODUCTION
1.1 Background of the Study The rapid growth and advances in computerized technologies in the last decade have significantly changed the everyday life of the modern sales representative. Sales managers have experienced increased expenditures and competition in recent years, and try to find ways to counter this evolution.
Personal selling is the best way of communication and allows the sales people to develop the marketing message according to the specific needs of the customer. (ISTEA model 1978) highlights the selling process in a way to collect data about the customer and then develop strategy and implement it on specific customer. So the sales people have opportunity to develop their presentation specifically designed for each customer).(Rosan.L et al ). So it is very necessary for the salesman to have complete and current information about the customer. Many studies focus on the adoption of technology by the sales
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Still there is a gap of IT infusion in sales performance sector. The study is unique. The purpose of this study is to investigate understand how information technology helps sales reps to better perform and to find the effects of sales skills on sales performance.
1.3 Theoretical Gap
According to Schillewaert and Ahearne (2001) conducted study on the IT infusion and sales performance and used sales skills as mediator in the study. Also suggested that this sales skill can also be used as moderator in the future studies. So this study will add sales skills as moderator between the IT infusion and sales performance.
1.4 Methodological Gap
Although the instruments of the IT infusion and sales skills and sales performance are validated in the USA western perspective by Schillewaert and Ahearne (2001) so this instrument need to be validated in the eastern perspective so this study will validate this instrument in the Pakistani
“Conducting your business in a socially responsible is a good business. It means that you can attract better employees and that customers will know what you stand for and like you or it” quote by Anthony Burns. This quote means that if you are able to attract many customers attention and able to make them trust you, it means that you are making a good business. Anthony Burns got this type of attention and was able to have many people trust him which lead to his success. Anthony Burns is an important figure in the American History because of what he did and the success he got from his business.
Before the original case started the petitioner and dentist, Charles Thomas Sell, whom had a prior history of mental illness was charged with submitting false insurance claims to receive payments on May 16, 1997. The government then issued a motion for a psychiatric examination of Mr. Sells to determine whether or not he was competent to stand trial. After the evaluation Mr. Sell was ruled to be competent to stand trial but determined that Sells might have a psychotic episode in the future. On November 1997, an indictment was issued to charge Charles Sell and his partner with multiple counts of mail fraud, Medicaid fraud, and money laundering. Approximately six months later Charles Sells and his wife were indicted once more with intimidating
111). The main reason why this is one of my favorite aspects of this book is that it encourages “reasonable down-selling” (Spoelestra, 1997, p. 112). I think that too often salespeople try to only upsell customers, and that can end in a bad experience for the customer, or not sale for the organization at all. I believe that if all salespeople abide by this rule, then organizations will be more successful, as customers will actually be purchasing something they actually want and will enjoy, which increases the chance that they will be a repeat
Self-checkout is one of the quickest and efficient machines invented. They are getting more popular in stores as the days go on. These machines may seem like a good investment but in reality they are not. Automation in stores are costing people their jobs. Automation first started to come about in the 1930’s to about 1947.
To improve network communications between stores, head offices. Combine all stock databases into a single system on head office server, so staff can view the amount of stock and access most recent up to date data. This would drastically improve the communications between the several stores. To achieve this, all the individual LANS (Local area Network) from the stores must be connected to create a Wide area network, thus this WAN can be accessed through Telecommunications lease lines across the internet. Though for PVMS this type of method is expensive, but will significantly benefit from this change.
Being an active listener allows the salesperson to know their customer’s point of view, and attend to the needs and wants of their customer. The third part of the book consists of twelve principles to win people to your way of thinking. A principle in particular that I intend to apply more often in life and in the workplace is being sympathetic with other person’s ideas and desires. Too often I ignore or disregard others opinions or ideas, when I should encourage them and see things from their point of view. According to Carnegie, to be successful in life and in my career, I need to show more respect for others
Two additional Field Sales Representatives will be hired as we extend our outside sales regions, and one Inside Sales Representative will be hired to round out our in house sales team and help handle the additional work that comes with a larger sales region. One additional Customer Service Representative will be hired to help handle the increase in customer calls due to the influx of new customers, and calls from existing customers. One Marketing and Sales Strategist will be hired to help create, develop, and implement new ideas, and procedures for the sales team as well as for the
Discussion: Sales are the most dominating factor for any organization. In any circumstances, sales will always
Targeted Advertising: Helpful or Hurtful? Technology has challenged the rules of privacy, and people are questioning if privacy is a necessity anymore. Technology, specifically apple products such as iPhones, is a need in many people’s lives, and they cannot imagine not being able to check their phones for the weather or to ask Siri to find the closest restaurant. Unfortunately, people do not realize companies use technology for targeted advertising, which is an invasion of privacy. An invasion of privacy is when people’s private information is used to influence them and is given to other people or companies unknowingly.
Here is an example of trend of technological development in the industry involved. The biggest trend of all that is developing is cloud computing. The benefits of cloud computing are just endless and it is right now one of the biggest trend of technology development. With cloud computing, it enables companies to share, store and consume resources easier, at a lower cost and with greater flexibility. Not
Introduction Every business organization is using a marketing concept which is used as a tool to identify customer’s needs. And further try to meet them by making right decisions in line with customer’s needs. In line with meeting customer’s needs the ultimate goal of every business is to gain profit. That’s why they make use of different marketing strategies to meet not only the need of the customer but as well as the goal of the company. We know for a fact that marketing strategies comprises everything from developing a product, to introducing it to the market, to selling and improving it as the need of the target market changes.
Salespeople create value for their firms’ customers by advocating and communicating the customers’ needs, desires, concerns, and preferences back to the company and find solutions (Tanner and Raymond, 2010). Also, since the salespeople are experts in regards to their products, they can best advise the customer as to which product is the best fit for them or adapt offerings to fit. In this way, salespeople create value that would not have
Every business industry nowadays, whether they are aware of it or not, depends on business strategies that they implement in order to achieve high growth potential. Some businesses, however, tend to forget the importance of maintaining effective sales strategies, therefore, they experience a decrease in sales causing their business to eventually experience some financial difficulties. Gluck (n.d.) describes sales strategy as a plan that allows companies to position their brand or product in order to gain a competitive advantage. Successful sales strategy should create a need by convincing a potential customer that the good is presented to them can solve their problems. This has to be created as a “planned approach to account-management policy
Increased competition results in reduced prices therefore enabling consumers to buy more goods and services. Information Technology Information Technology (IT) is changing every aspect of how people live
Introduction “The term ‘misleading advertisements, is an unlawful action taken by an advertiser, producer, dealer or manufacturer of a specific good or service to erroneously promote their product. Misleading advertising targets to convince customers into buying a product through the conveyance of deceiving or misleading articulations and statements. Misleading advertising is regarded as illegal in the United States and many other countries because the customer is given the indisputable and natural right to be aware and know of what product or service they are buying. As an outcome of this privilege, the consumer base is honored ‘truth in labeling’, which is an exact and reasonable conveyance of essential data to a forthcoming customer.”