Chapter - 16
Evaluating Sales Force
Performance
Evaluating Sales Force
Performance
2
Objectives
 Sales force performance
 Determinants of sales force performance
 Performance evaluation
 Information sources for evaluation
 Criteria for the evaluation of Sales force performance
 Establishing performance standards
 Methods of sales force evaluation
 Monitoring and reviewing of sales force performance
Evaluating Sales Force
Performance
3
Determinants of Sales Force
Performance
 Internal Factors
 Motivation
 Skill Level
 Job Satisfaction
 Role Perception
 Personal Factors
 Ego Derive
 Empathy
Evaluating Sales Force
Performance
4
Determinants of Sales Force
Performance
 External Factors
 Environmental Factors
 Organizational Factors
 Sales Management Function
Evaluating Sales Force
Performance
5
Performance Evaluation
 Sales Force Evaluation Process
Determine Factors that Influence Sales Force Performance
Select the Criteria for Sales Force Evaluation
Establish the Performance Standard
Compare Sales Force Performance
Performance Review and Feedback
Evaluating Sales Force
Performance
6
Performance Evaluation
 Purpose and reason
 To be aware of company objectives
 To improve motivation skills
 To appraise the past performance
 To develop a sales plan to increase future sales
 Who should evaluate
 When to evaluate
Evaluating Sales Force
Performance
7
Information Source for Evaluation
 Company records
 Reports from salespersons
 Customers
 Manager’s field visit
 Manager’s personal insight
 Other sources
Evaluating Sales Force
Performance
8
Criteria for the Evaluation of Sales
Force Performance
 Quantitative Criteria
 Sales Skills
 Territory Management
 Personality
Evaluating Sales Force
Performance
9
Criteria for the Evaluation of Sales
Force Performance
 Quantitative Criteria
 Sales volume
 Average calls per day
 Sales orders
 Ratio of selling costs to sales
 Gross profit obtained from new customer
Evaluating Sales Force
Performance
10
Establishing Performance Standards
 Quantity standards
 Quality standards
 Time-based standards
 Cost-based standards
Evaluating Sales Force
Performance
11
Method of Sales Force Evaluation
 Essays
 Rating scales
 Forced Choice Method
 Ranking
 New Methods of Evaluation
 Critical incident appraisal
 Work standard method
 Management by objectives
 Behavioral anchored rating scale
 Family measures as a method of sales force performance
evaluation
Evaluating Sales Force
Performance
12
Monitoring and Reviewing Sales Force
Performance
 Sales force performance can be measured with
the help of…
 Sales reports
 Invoices
 Order forms
 Accounting records
 Direct interaction
Evaluating Sales Force
Performance
13
Summary
 Sales force performance
 Determinants of sales force performance
 Performance evaluation
 Information sources for evaluation
 Criteria for the evaluation of Sales force performance
 Establishing performance standards
 Methods of sales force evaluation
 Monitoring and reviewing of sales force performance
Thank you

Evaluating Sales formance.ppt

  • 1.
    Chapter - 16 EvaluatingSales Force Performance
  • 2.
    Evaluating Sales Force Performance 2 Objectives Sales force performance  Determinants of sales force performance  Performance evaluation  Information sources for evaluation  Criteria for the evaluation of Sales force performance  Establishing performance standards  Methods of sales force evaluation  Monitoring and reviewing of sales force performance
  • 3.
    Evaluating Sales Force Performance 3 Determinantsof Sales Force Performance  Internal Factors  Motivation  Skill Level  Job Satisfaction  Role Perception  Personal Factors  Ego Derive  Empathy
  • 4.
    Evaluating Sales Force Performance 4 Determinantsof Sales Force Performance  External Factors  Environmental Factors  Organizational Factors  Sales Management Function
  • 5.
    Evaluating Sales Force Performance 5 PerformanceEvaluation  Sales Force Evaluation Process Determine Factors that Influence Sales Force Performance Select the Criteria for Sales Force Evaluation Establish the Performance Standard Compare Sales Force Performance Performance Review and Feedback
  • 6.
    Evaluating Sales Force Performance 6 PerformanceEvaluation  Purpose and reason  To be aware of company objectives  To improve motivation skills  To appraise the past performance  To develop a sales plan to increase future sales  Who should evaluate  When to evaluate
  • 7.
    Evaluating Sales Force Performance 7 InformationSource for Evaluation  Company records  Reports from salespersons  Customers  Manager’s field visit  Manager’s personal insight  Other sources
  • 8.
    Evaluating Sales Force Performance 8 Criteriafor the Evaluation of Sales Force Performance  Quantitative Criteria  Sales Skills  Territory Management  Personality
  • 9.
    Evaluating Sales Force Performance 9 Criteriafor the Evaluation of Sales Force Performance  Quantitative Criteria  Sales volume  Average calls per day  Sales orders  Ratio of selling costs to sales  Gross profit obtained from new customer
  • 10.
    Evaluating Sales Force Performance 10 EstablishingPerformance Standards  Quantity standards  Quality standards  Time-based standards  Cost-based standards
  • 11.
    Evaluating Sales Force Performance 11 Methodof Sales Force Evaluation  Essays  Rating scales  Forced Choice Method  Ranking  New Methods of Evaluation  Critical incident appraisal  Work standard method  Management by objectives  Behavioral anchored rating scale  Family measures as a method of sales force performance evaluation
  • 12.
    Evaluating Sales Force Performance 12 Monitoringand Reviewing Sales Force Performance  Sales force performance can be measured with the help of…  Sales reports  Invoices  Order forms  Accounting records  Direct interaction
  • 13.
    Evaluating Sales Force Performance 13 Summary Sales force performance  Determinants of sales force performance  Performance evaluation  Information sources for evaluation  Criteria for the evaluation of Sales force performance  Establishing performance standards  Methods of sales force evaluation  Monitoring and reviewing of sales force performance
  • 14.