Strategic Sales and Selling

 

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Main Description show detail >>
 
 
 
Department: Business Studies Module Code: RETL81003
Level: Level 8 Contact Hours: 36
Duration: 1 Semester Directed Study Hours: 24
Effective Term: 2014/15 Indep. Study Hours: 40
Credits: 5

Prerequisite Knowledge:

  None

Module Description/Aims:

  The aim of this module is to integrate students' skills with the theory and practice of personal selling and sales management, thereby equipping them to fulfil a role in the personal selling function or sales management function at a strategic level in an organisation.  


 
Contact Hours show detail >>
   
 
Contact Type Hours
Lecture2 Per Week
Practical/Workshop1 Per Week


 
Learning Outcomes show detail >>
   
 
On successful completion of the module, the learner will be able to:
No. Description/Learning Outcomes
1Evaluate the role of personal selling in society and in the business
2Compare consumer and organisational behaviour and be in a position to utilise it in developing sales strategies
3Devise a sales plan and complete each step of the selling process
4Prepare and deliver an effective oral and written sales presentation
5Manage the sales function


 
Learning Strategies show detail >>
   
 
Learning Strategies
This module will be delivered by lectures, role plays, case studies, DVD/videos, and presentations from industry guest speakers.


 
Indicative Syllabus Content show detail >>
   
 
Content Detail
The Nature & Role of Personal Selling• Role of personal selling
• Importance of personal selling
• Attributes of a salesperson
• Functions of a salesperson
• Selling positions
• Image building
Consumer and Organisational Buying Behaviour• The differences between consumer & organisational buying behaviour
• Structure of the buying centre (DMU)
• The consumer decision making process
• Factors affecting consumer buyer behaviour
• The organisational decision making process
• Factors affecting the organisational decision making process
The Personal Selling Process• Prospecting
• Qualifying
• Appointments
• The communications models
• Presenting
• Demonstrating
• Handling objections
• Closing the sale
• Follow-up
Sales Negotiation• Setting parameters
• Principles of negotiation
• Understanding relative power, maximum, minimum & optimum requirements
• Win-lose V's win-win
Sales Activity Planning• Self management - handling rejection, self motivation, managing expenses
• Time management
• Routing & territory management
• Establishing sales objectives
• Measuring success
• Managing sales information systems
• Handling complaints
Sales Management• Organising/structuring the sales team
• Recruiting the sales team
• Selecting the sales team
• Training the sales team
• Remunerating the sales team
• Motivating the sales team
• Evaluating performance of the sales team
• Designing & allocating the sales territory
• Setting quotas

Major Account Management• Pareto principle
• Lifetime management of the customer
• Customer relationship management
The Legal & Ethical Environment• The law
• Guarantees & warrantees
• Litigation & arbitration
• Ethics
Written Sales Communications• Written sales proposals
• Sales letters
• Sales bulletins
• Sales manuals


 
Assessment Strategies show detail >>
   
Assessment Strategies
The module concepts will be assessed by written examination during and at the end of the semester.
An individual practical project will assess students' ability to prepare and deliver an effective oral and written sales presentation.


 
Indicative Assessments show detail >>
   
Learning Outcome Assessment Category Assessment Method Additional Information % alloc
1, 2Continuous AssessmentClass Exam10
3, 4Continuous AssessmentProject - Individual40
1, 2, 3, 4, 5Final Exam (Scheduled)Final Written Exam50


 
Reading List show detail >>
   
 
Type ISBN Title Author Publisher Year Edition Library Link
Essential0273695797Selling & Sales Management
Jobber, D.; Lancaster, G.
Prentice Hall
20067th-
Recommended0071123377Fundamentals of Selling: Customers for Life
Futrell, C.
McGraw Hill
20027th-
Recommended1844800237Sales & Key Account Management
Blythe
Thomson Learning
2005-
Recommended9780071116053Churchill/Ford/Walker's Sales Force Management
Johnston, M.; Marshall, G.
McGraw-Hill
20068th -
Recommended0673469034Sales Management
Moncrief, W.; Shipp, S.
Prentice Hall
1997-
Recommended0333473853Sales Management: Theory & Practice
Donaldson
Macmillan
1993-


 
Journals and Websites show detail >>
   
 
Type Description
WebsiteSales Institute Website http://www.salesinstitute.ie/
WebsiteThe Institute of Sales and Marketing Management http://www.ismm.co.uk/
WebsiteINC Magazine http://www.inc.com/
WebsiteThe Market ? Enterprise Ireland https://www.enterprise-ireland.com/en/Publications/The-Market/
Course MaterialITT Library Online Resources
Course MaterialCourse material and readings will be available on Blackboard.
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