Question

SALES AND PURCHASING MANAGEMENT THE SALES STRATEGY AND THE SALES PLAN For todays classwork, we have 2 different cases Case 1
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Case 1:Sales plan scheme for our Organization operating in the Energy sector:

  • Segmentation, targeting and Positioning of the market: Segmenting the energy market into gas, electricity and business to business (B2B) divisions and business to customer segments (B2C) . This will help in proper positioning strategy for various segments of customers and bringing in more customers in each segment.
  • Pricing: The price can be sub divided into three parameters based on the usage by the existing and potential consumers. This includes: a) Price discounts b) fixed price c) mixed price ( fixed price + discounts for more usage)
  • Competitive strategies: A competitive analysis based on price , distribution and benefits offered by the competitors.
  • Decision based on mass market strategies and class market strategies and varied positioning strategy for these segments,
  • Preparing the sales budget at the beginning of the year.
  • Activating, motivating and focusing of the sales team towards achievements of the budgets.
  • Comparing the actual achievement to the designed goals of the organization and reviewing them periodically.

Case 2:  

Mission, Vision and Values of the Application Software (App):

Mission Statement : Improving elderly people through caring service with an opportunity for social interaction, basic support and needs services, volunteerism and community activism.

Vision Statement: Helping elderly adults engage, enrich and empower themselves.

Values:

  • Respecting each individual irrespective of their backgrounds.
  • Reaching beyond the commonplace in helping the elderly.
  • Bringing smile to the faces of the elderly through education and enjoyment.
  • Embracing differences in knowledge and skill levels.

Main points of the sales plan:

  • Segmentation, targeting and Positioning of the app.
  • Pricing of the application.
  • Promotion of the app.
  • Sales budget for the app.
  • Goals for the sales team.
  • Reviewing performance of the team vis-a-vis the budgets set.

Presentation of sales plan to other members of the organization:

  • Sales forecasting and goal-setting
  • Market and customer research
  • Prospecting and partnerships
  • The goals of the sales plan and ways to achieve the targets.
  • Sales team motivation and encouragement methods.

Add a comment
Know the answer?
Add Answer to:
SALES AND PURCHASING MANAGEMENT THE SALES STRATEGY AND THE SALES PLAN For today's classwork, we h...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Project risk management is an iterative process that begins with a plan for how risks will be man...

    Project risk management is an iterative process that begins with a plan for how risks will be managed throughout the life of the project. Risks must first be identified and analyzed. Then risk responses and action steps must be developed. The risk management plan should also include the steps, processes, or procedures that will be used to continually monitor risk during the project. Defining requirements for a process improvement project can be particularly challenging. Depending on the extent and complexity...

  • Personal Business Plan

    Personal Business PlanThe point of this question is writing a personal business planPlease you can choose any type of business you want.(Example: opening a Grocery)"write" Personal Business Plan and highlight how entrepreneurship and innovation could play a role in their personal and career pathsCover all following kind of information1. Name of the company or Business• Select the right name which demonstrate your business activities• The Name which is available• The name is easy to save in memory• Not be in...

  • business plan What’s the purpose of a prospectus? The purpose of a business prospectus is to...

    business plan What’s the purpose of a prospectus? The purpose of a business prospectus is to secure support for a planned product or service. You would use a business prospectus to showcase information necessary for investors to determine whether they want to fund your venture. Mission statements, market analyses, and financial projections are all basic components of a prospectus--your goal, as a businessperson seeking funding, is to ensure that potential investors will find these components persuasive. Paper structure: For this...

  • Identifying flaws in contingency plan Objectives: Research real world incidents, identify shortc...

    Identifying flaws in contingency plan Objectives: Research real world incidents, identify shortcoming (IR, BP or CP) and recommend possible solutions. Course Learning Outcomes: CL05, CL01: Student will be able to understand, implement and bring recommendations to contingency plan Tools or Equipment Needed: PC Internet explorer or chrome Internet Theoretical Background: A contingency plan is a course of action designed to help an organization respond effectively to a significant future event or situation that may or may not happen. A contingency...

  • To demonstrate competence in this unit you will need to show that you can design and...

    To demonstrate competence in this unit you will need to show that you can design and develop a project plan. Your task is to select an idea, improvement or opportunity that could be applied in a business operation. Describe the business and the project you might initiate. You will need to describe and define the project in context. Explain why such a project would be beneficial. What procedures might you use to ensure that the project was sponsored and supported...

  • You have been hired to create a sales plan for a new mail order company that...

    You have been hired to create a sales plan for a new mail order company that will specialize in brand-name sports shoes for men and women. The shoes are priced below those in department stores. Because the main problem with buying shoes from a mail order company is that customers may have trouble ordering the correct size, you have to devise a system that will make it easy for customers to return items that do not fit. Write a proposal...

  • Assignment 3: Introduction & Environmental Analysis, SWOT, Marketing Objectives (Goals) Marketing 4100 Directions Total Point Value:...

    Assignment 3: Introduction & Environmental Analysis, SWOT, Marketing Objectives (Goals) Marketing 4100 Directions Total Point Value: 75 points Anticipated Time to Complete: 12 hours Type of Assignment: Individual or Team Audience for Assignment: The CMO and your boss, a director-level person who relies on your evidence-supported reports to make the best decisions in a minimum amount of time. Assignment Objective: To write the marketing plan introduction as well as to collect and analyze data about the environment in which the...

  • You are the owner and President of Pandatopia, Inc. (PI), a company that produces and sells...

    You are the owner and President of Pandatopia, Inc. (PI), a company that produces and sells inexpensive outdoor clothing. Your main concern has always been keeping costs down while achieving an acceptable level of quality and durability. There is a lot of innovation in the clothing industry, with industry leaders constantly trying to develop new materials and clothing designs. This has not been true of PI, however. You have preferred to “keep it simple” by continuing to offer the same...

  • e-Business Strategy and Models in Banks : Case of Citibank E-business strategy in Citibank: Banks today...

    e-Business Strategy and Models in Banks : Case of Citibank E-business strategy in Citibank: Banks today are up-to-date with both the pros and cons of the internet. They are aware of the opportunities and threats that are associated with the Web. Not a single traditional bank is brave enough to face investment analysts without an Internet strategy. But even a very thoughtful approach to the Web may do no good to the company/ organization. The main purpose behind launching online...

  • 1. Based on the CEO Mooney’s standard for success in make sure beginners stick with their...

    1. Based on the CEO Mooney’s standard for success in make sure beginners stick with their guitars, develop a planning/control cycle to make sure Fender is headed in the right direction. Fender Rebrands to Stay in Tune with the Times Fender Musical Instruments Corporstion produces some of the most recognized electric and bass guitars in the world. The organization was one of the first to mass produce guiters and has an illustrious history dating back to the late 1940s. Fender's...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT