Proudly Pinoy - Planters Development Bank
Proudly Pinoy - Planters Development Bank
Proudly Pinoy - Planters Development Bank
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MARKETING<br />
Photo: Team success<br />
- Dreamstime<br />
for the company in forecasting its growth<br />
in the medium and long term. This also<br />
enables the company to better estimate<br />
its distribution service costs and explore<br />
how a more cost effective and efficient<br />
supply chain program can be in place.<br />
Set Reasonable Targets<br />
for your Channels and Products<br />
This will enable the sales person to<br />
appreciate and convincingly commit to<br />
the sales quota the firm sets because<br />
the numbers can be achieved or even<br />
exceeded.<br />
Mapping outlets enables management<br />
to set the sales goals based on the<br />
fertility of the areas where the brand is<br />
visible or not. The marketing department<br />
shall play a key role in setting those targets<br />
with the applicable marketing strategies<br />
that would build product demand.<br />
Cut Down on the Reports<br />
Your sales force should be devoting<br />
more time to selling than to filing performance<br />
reports. One solution is to<br />
acquire or design a portable IT system<br />
so your sales force can provide real time<br />
feedback from the field.<br />
The company should also invest<br />
in a credible backroom support system<br />
that can collate, tabulate and translate<br />
field data into the business numbers.<br />
Allowing members of the sales force to<br />
track their business achievements will<br />
help motivate them to exceed targets or<br />
to correct shortfalls.<br />
TRAIN AND RE-TRAIN THEM<br />
There is no perfect sales professional in<br />
the world. Even if the sales person started<br />
his career with your company, and you<br />
may have had a hand in molding him to<br />
your corporate standards, the need to revisit<br />
and sharpen his skill levels and those<br />
of his supervisors is constant.<br />
Drawing from personal experience,<br />
I strongly recommend managers to<br />
evaluate the performance of their<br />
individual sales professionals on a<br />
quarterly rather than on an annual<br />
basis. In addition, companies should<br />
have a set of training modules that can<br />
be implemented periodically for sales<br />
personnel who need skills upgrade. If<br />
you do not have one in the HR library,<br />
engage the services of professional<br />
consultants to do the training and<br />
develop the training fact books. Another<br />
major issue that needs close and<br />
constant monitoring is the quality of the<br />
customer service side effort exerted by<br />
the salesman in building, keeping and<br />
growing relationships with the customer.<br />
The immediate supervisor can work<br />
with his salesman through an executive<br />
coaching approach.<br />
Put an Attractive Sales Incentive<br />
Package in Place<br />
Many companies, sad to say, are<br />
wantonly lacking in this aspect. They<br />
drive their sales team to achieve high<br />
sales numbers yet fail in the process to<br />
tangibly motivate them.<br />
You cannot tell your sales team<br />
that the company is not making money<br />
despite the team’s ability to achieve its<br />
targets and where the company owner,<br />
for example, is able to buy a new SUV.<br />
The employee turn over rate is high in<br />
companies that burn out its sales team<br />
too quickly, particularly when the team<br />
sees that it is not receiving a fair share<br />
of the profits.<br />
Keep the Team Spirit Alive<br />
(Always)<br />
Hold periodic sales meetings or rallies<br />
where team members can have fun at<br />
the same time bond with supervisors,<br />
peers and key contacts in other departments<br />
like the marketing, warehousing<br />
and accounting groups.<br />
You have to remember that when<br />
things go wrong, the salesman can always<br />
blame others for his shortcomings. He<br />
can always claim that he is not receiving<br />
the right support from the company’s<br />
key operating departments.<br />
Sales rallies are the events where the<br />
salesman is roasted or toasted. It is also<br />
the venue when management and the<br />
salesman can talk to each other to thresh<br />
out problems or renew commitments.<br />
Developing, running and motivating<br />
a sales team should be seen as a<br />
continuous management concern if<br />
the company wants to truly succeed in<br />
the marketplace after the right brand<br />
marketing strategies are in place. The<br />
marketing function never sleeps.<br />
MABUHAY ANG NEGOSYANTE!<br />
Herbert M. Sancianco has over 20<br />
years of experience in advertising,<br />
marketing and sales operations.<br />
He owns and manages Market<br />
Bridges, Phils. Inc., a full<br />
marketing services company,<br />
with offices at 11-0 Burgundy<br />
Corporate Plaza, 252 Sen. Gil<br />
Puyat Avenue, Makati City.<br />
The author can be reached at<br />
mbpidmbc@i-manila.com.ph or<br />
at Tel: (63-2) 886-4122 to 23.<br />
9VOL. NO. 03 / ISSUE NO. 04