The document summarizes the tasks completed for an assignment as a recruitment consultant for Z Tech Information Company.
In Task 1, the consultant recreated Z Tech's sales organization structure and discussed concepts like specialization, centralization, and span of control to achieve the company's goal of increasing market share. The consultant also analyzed Z Tech's market coverage, share, size and developed a hybrid organizational structure.
In Task 2, the consultant explained different methods of performance evaluation and identified suitable methods for evaluating Z Tech's salesforce.
In Task 3, the consultant discussed qualities of an effective sales manager and sales representatives with examples and justifications.
The document provides an acknowledgement and thanks various people who helped with an assignment. It thanks the lecturer, Mr. Nishan Bamunuarachchi, for giving the opportunity to do the assignment and for guidance. It also thanks friends from SLIM-Kandy institute for their comments, suggestions and time which helped improve the assignment. Lastly, it thanks the staff of SLIM-Kandy institute for providing a comfortable study environment.
The document discusses analyzing the brand promotion strategies of CBL Munchee Bangladesh to build customer loyalty, including analyzing brand development stages, identifying effective promotional tools, and recommending strategies based on findings. It provides background on CBL and an overview of brand promotion methods like integrated communication, above the line promotion through television and digital marketing, and below the line promotion through events, brochures, and outdoor advertising. The objective is to help CBL Munchee strengthen its brand and increase customer loyalty in Bangladesh.
A project report on customer relationship management in J&K BankAdil Hussain
The document is a project report on customer relationship management (CRM) at Jammu and Kashmir Bank. It includes an introduction to CRM, its characteristics and types. The project was carried out to understand customer behavior and market potential for current accounts at Jammu and Kashmir Bank's South branch. It analyzes data collected and makes recommendations to improve CRM. The report contains typical sections like preface, acknowledgement, certificate, declaration and bibliography.
A structural approach for a conceptual business plan "Self Laundry"Sejal Nahar
1. Introduction
1.1 What is self laundry?
In today’s scenario, it is very hard for the people to get their cloths washed cleanly or they have to pay a lump sum amount for the same.
Self-laundry is a concept which provides the target customers a decorum where they can wash their clothes with minimum amount to be spent on.
Self-laundry is a plan of business where customers can use the washing machines and pay a very little amount to get the same thing done.
1.2 Why have we thought about this concept?
In general, we see many people around who are either students in collage or coaching, or bachelors who find it very difficult to wash their clothes cleanly due to lack of time.
For improving their management on studies, extra-curricular activities and other stuffs its very important to manage the time accordingly. Self-laundry is a concept which uses minimum amount of time which will help them concentrate on their studies.
It is a very tedious task for a person who is living away from his/her family to invest extra time in daily routine work and that’s where self-laundry concept will help them to get some spare time.
1.3 Who is our target customer?
1.3.1 Bachelors
1.3.2 Corporate employees
1.3.3 College students
1.3.4 EEA audience
1.3.5 Limited earning families
1.4 What service are we providing precisely?
A service where washing clothes would not be boring activity for any individual as the service wew are looking forward to would take lesser amount of time than washing clothes yourself.
The service provides dedicated washing machines to each individual who is willing to wash their clothes and save a good amount of time.
customer satisfaction on sme banking internship reportabdulla all rakib
This document is an internship report submitted by Abdulla All Rakib to their lecturer at Jagannath University. The report analyzes customer satisfaction with SME banking at Al-Arafah Bank Ltd, where Rakib completed a two-month internship. The report includes an introduction outlining the importance of banks and SMEs to Bangladesh's economy. It also describes the rationale for measuring customer satisfaction and outlines the report's objectives and methodology. The report then provides an overview of Al-Arafah Bank and its products and services, followed by an analysis of customer satisfaction survey results from SME banking customers. Major findings are also presented.
The document provides an acknowledgement and thanks various people who helped with an assignment. It thanks the lecturer, Mr. Nishan Bamunuarachchi, for giving the opportunity to do the assignment and for guidance. It also thanks friends from SLIM-Kandy institute for their comments, suggestions and time which helped improve the assignment. Lastly, it thanks the staff of SLIM-Kandy institute for providing a comfortable study environment.
The document discusses analyzing the brand promotion strategies of CBL Munchee Bangladesh to build customer loyalty, including analyzing brand development stages, identifying effective promotional tools, and recommending strategies based on findings. It provides background on CBL and an overview of brand promotion methods like integrated communication, above the line promotion through television and digital marketing, and below the line promotion through events, brochures, and outdoor advertising. The objective is to help CBL Munchee strengthen its brand and increase customer loyalty in Bangladesh.
A project report on customer relationship management in J&K BankAdil Hussain
The document is a project report on customer relationship management (CRM) at Jammu and Kashmir Bank. It includes an introduction to CRM, its characteristics and types. The project was carried out to understand customer behavior and market potential for current accounts at Jammu and Kashmir Bank's South branch. It analyzes data collected and makes recommendations to improve CRM. The report contains typical sections like preface, acknowledgement, certificate, declaration and bibliography.
A structural approach for a conceptual business plan "Self Laundry"Sejal Nahar
1. Introduction
1.1 What is self laundry?
In today’s scenario, it is very hard for the people to get their cloths washed cleanly or they have to pay a lump sum amount for the same.
Self-laundry is a concept which provides the target customers a decorum where they can wash their clothes with minimum amount to be spent on.
Self-laundry is a plan of business where customers can use the washing machines and pay a very little amount to get the same thing done.
1.2 Why have we thought about this concept?
In general, we see many people around who are either students in collage or coaching, or bachelors who find it very difficult to wash their clothes cleanly due to lack of time.
For improving their management on studies, extra-curricular activities and other stuffs its very important to manage the time accordingly. Self-laundry is a concept which uses minimum amount of time which will help them concentrate on their studies.
It is a very tedious task for a person who is living away from his/her family to invest extra time in daily routine work and that’s where self-laundry concept will help them to get some spare time.
1.3 Who is our target customer?
1.3.1 Bachelors
1.3.2 Corporate employees
1.3.3 College students
1.3.4 EEA audience
1.3.5 Limited earning families
1.4 What service are we providing precisely?
A service where washing clothes would not be boring activity for any individual as the service wew are looking forward to would take lesser amount of time than washing clothes yourself.
The service provides dedicated washing machines to each individual who is willing to wash their clothes and save a good amount of time.
customer satisfaction on sme banking internship reportabdulla all rakib
This document is an internship report submitted by Abdulla All Rakib to their lecturer at Jagannath University. The report analyzes customer satisfaction with SME banking at Al-Arafah Bank Ltd, where Rakib completed a two-month internship. The report includes an introduction outlining the importance of banks and SMEs to Bangladesh's economy. It also describes the rationale for measuring customer satisfaction and outlines the report's objectives and methodology. The report then provides an overview of Al-Arafah Bank and its products and services, followed by an analysis of customer satisfaction survey results from SME banking customers. Major findings are also presented.
NMIMS 1st Year Assignment Solution Sep 2021 palaniappann
Sir/ Madam
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD. has 15 years of teaching experience in MBA Business schools. For last fifteen years Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD has taught various subjects from Marketing, Finance, Human Resource Management, Information Systems, International Business and General Specializations. He has written many research papers and case studies.
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD organizes online MBA subject coaching / MBA Assignment help and MBA Project help. Many clients national and international has appreciated Prof.Dr.N.Palaniappan.,MBA., MCom.,MPhil.,PhD for his timely help in the assignments and projects and MBA subject coaching.
You can call him on his mobile no. 9025810064 (whatsapp available) or mail him at palaniappanmail@gmail.com. He does help/guide for the below question. If urgent or any query’s, Please feel free to call him on his mobile no. 9025810064 (whatsapp available) or do mail on palaniappanmail@gmail.com. He does help/guide for the below question
Contact:
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD.
Mail ID: palaniappanmail@gmail.com
Ph: - 9025810064 (whatsapp available)
NMIMS Dec 2021 Assignment Answer Sheet palaniappann
Sir / Madam,
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD. has 15 years of teaching experience in MBA Business schools. For last fifteen years Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD has taught various subjects from Marketing, Finance, Human Resource Management, Information Systems, International Business and General Specializations. He has written many research papers and case studies.
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD organizes online MBA subject coaching / MBA Assignment help and MBA Project help. Many clients national and international has appreciated Prof.Dr.N.Palaniappan.,MBA., MCom.,MPhil.,PhD for his timely help in the assignments and projects and MBA subject coaching.
You can call him on his mobile no. 09025810064 (whatsapp available) or mail him at palaniappanmail@gmail.com. He does help/guide for the below question. If urgent or any query’s, Please feel free to call him on his mobile no. 9025810064 (whatsapp available) or do mail on palaniappanmail@gmail.com. He does help/guide for the below question
Contact:
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD
Mail ID: palaniappanmail@gmail.com
Ph: - 9025810064 (whatsapp available)
TO FIND OUT THE FACTORS INFLUENCING CUSTOMER SATISFACTION TOWARDS THE SERVICE...Suraj Patil
The chief importance this project is to know the about customer satisfaction and factors influencing to choose services provided by the IBHFL. The foremost thing is the company and its unit profile. Were work that was being carried out simultaneously was to know the current policies and system regarding services.
This document provides details about a study on consumer behavior related to different brand bikes with special reference to KTM bikes in Coimbatore, India. The document includes an introduction outlining the objectives and scope of the study, as well as the research methodology used which involves collecting primary data through questionnaires and secondary data. It also describes the sample design of 100 KTM customers in Coimbatore using non-probability convenient sampling. The study aims to understand factors influencing customer decisions to purchase KTM bikes and their responses to services.
1. Snapdeal plans to help 10,000 of its active sellers generate 1 crore (10 million) rupees each in business through various support programs. This will help the sellers grow their businesses and increase Snapdeal's own revenues.
2. Ecommerce companies are expected to contribute to a 13% rise in India's overall advertising spending in 2016 according to forecasts, as the sector continues growing rapidly in India.
3. Quikr acquired the online real estate portal Commonfloor.com for $120 million to expand into the real estate classifieds business.
Goal diggers Marketing managment Marketing Mix 7p's of Amana BankNimeshAnuradha1
This document provides information about Amana Bank in Sri Lanka including:
- An overview of Amana Bank's financial performance, branches, employees, and customers.
- Details on Amana Bank's vision to be a leader in providing equitable financial solutions and earning customer trust.
- An explanation of how the 7Ps of marketing (Product, Place, Price, Promotion, Physical Evidence, People, Processes) are applied at Amana Bank, describing their products, branches, pricing, promotions, physical environment, employees, and processes.
- Specific examples of Amana Bank's products like doorstep banking and debit cards, their pricing strategies, and promotional activities like social media, rewards, and email
CASE STUDY HELP:
Most of the International B Schools (Distance Learning) they provide Home base exams. And they provide only few days to write case study solutions / Question answers. For Students, working employees it’s very difficult to finding the answers and to write. So we are here to help all Candidates (PHD, MBA, EMBA, DMS, BMS, GDM, MIS, MIB, PGDM…). We are a team of highly committed professionals will help you to write Answer sheets.
ASSIGNMENT HELP:
Assignment preparation is very big task for working professional. Because the main thing is time. Here are the skills for Preparing Assignment.
What sort of writer are you?
Writing University-level assignments
Where and when to work on writing tasks
Understanding the question: Process words
Focusing on the content or topic
Course and subject-specific types of writing
Planning your writing
Types of planning – spider diagrams / Mind Mapping, outlines, lists
Planning assignments by paragraphs
“Help! Planning does not work for me!”
Gathering information and keeping good records
Building your list of sources
Preparing for writing: presentation and style
Academic conventions
Now please confirm do you have to spend fruitless hours every day, dig in to textbooks to research and look for proper reference in getting your assignment done? With the help of Case study solutions you can achieve your carries goals.
ESSAY HELP :
Nearly everyone encounters an essay exam sometime at some point in their schooling. Essay exams are especially common in secondary school. Depending on the subject and person, it may take a lot of studying and preparation or it may be very simple. In either case, knowing if you are prepared is important for being confident and calm to write the exam.
Custom Essay help is another similar service provided under the brand of Case study solutions. With our essay writing service you can expect to get top quality essay in no time and achieve academic excellence.
PROJECT REPORTS / THESIS HELP:
Case study solutions provides you consultancy services by way of preparation of PROJECT REPORTS, DETAILED PROJECT PROFILES, MARKET SURVEYS, DETAILED PROJECT REPORTS and allied services to the existing as well perspective entrepreneurs covering diverse industry sectors like Marketing , HRM , Finance, Banking , IT , Tourism, Hospitality, CRM , Retail, International Business, Operations, Logistics, Agro, Auto, Chemicals, Cosmetics & Toiletries, Pharmaceuticals, Electrical/Electronics & Computers……………..
PROJECT REPORTS that works as a key for an entrepreneur for gathering information on the subject or for submission to the industrial departments/Financial firms.
www.mbacasestudyanswers.com
www.casestudysolution.in
aravind.banakar@gmail.com
ARAVIND
09901366442 – 09902787224
CASE STUDY HELP:
Most of the International B Schools (Distance Learning) they provide Home base exams. And they provide only few days to write case study solutions / Question answers. For Students, working employees it’s very difficult to finding the answers and to write. So we are here to help all Candidates (PHD, MBA, EMBA, DMS, BMS, GDM, MIS, MIB, PGDM…). We are a team of highly committed professionals will help you to write Answer sheets.
ASSIGNMENT HELP:
Assignment preparation is very big task for working professional. Because the main thing is time. Here are the skills for Preparing Assignment.
What sort of writer are you?
Writing University-level assignments
Where and when to work on writing tasks
Understanding the question: Process words
Focusing on the content or topic
Course and subject-specific types of writing
Planning your writing
Types of planning – spider diagrams / Mind Mapping, outlines, lists
Planning assignments by paragraphs
“Help! Planning does not work for me!”
Gathering information and keeping good records
Building your list of sources
Preparing for writing: presentation and style
Academic conventions
Now please confirm do you have to spend fruitless hours every day, dig in to textbooks to research and look for proper reference in getting your assignment done? With the help of Case study solutions you can achieve your carries goals.
ESSAY HELP :
Nearly everyone encounters an essay exam sometime at some point in their schooling. Essay exams are especially common in secondary school. Depending on the subject and person, it may take a lot of studying and preparation or it may be very simple. In either case, knowing if you are prepared is important for being confident and calm to write the exam.
Custom Essay help is another similar service provided under the brand of Case study solutions. With our essay writing service you can expect to get top quality essay in no time and achieve academic excellence.
PROJECT REPORTS / THESIS HELP:
Case study solutions provides you consultancy services by way of preparation of PROJECT REPORTS, DETAILED PROJECT PROFILES, MARKET SURVEYS, DETAILED PROJECT REPORTS and allied services to the existing as well perspective entrepreneurs covering diverse industry sectors like Marketing , HRM , Finance, Banking , IT , Tourism, Hospitality, CRM , Retail, International Business, Operations, Logistics, Agro, Auto, Chemicals, Cosmetics & Toiletries, Pharmaceuticals, Electrical/Electronics & Computers……………..
PROJECT REPORTS that works as a key for an entrepreneur for gathering information on the subject or for submission to the industrial departments/Financial firms.
www.mbacasestudyanswers.com
www.casestudysolution.in
aravind.banakar@gmail.com
ARAVIND
09901366442 – 09902787224
Sir/ Madam
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD. has 15 years of teaching experience in MBA Business schools. For last fifteen years Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD has taught various subjects from Marketing, Finance, Human Resource Management, Information Systems, International Business and General Specializations. He has written many research papers and case studies.
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD organizes online MBA subject coaching / MBA Assignment help and MBA Project help. Many clients national and international has appreciated Prof.Dr.N.Palaniappan.,MBA., MCom.,MPhil.,PhD for his timely help in the assignments and projects and MBA subject coaching.
You can call him on his mobile no. 9025810064 (whatsapp available) or mail him at palaniappanmail@gmail.com. He does help/guide for the below question. If urgent or any query’s, Please feel free to call him on his mobile no. 9025810064 (whatsapp available) or do mail on palaniappanmail@gmail.com. He does help/guide for the below question
Contact:
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD.
Mail ID: palaniappanmail@gmail.com
Ph: - 9025810064 (whatsapp available)
Indirect pay or compensation refers to non-monetary benefits provided to employees such as paid time off, health insurance, and retirement plans. While indirect compensation aims to attract and retain talent, issues can arise when the benefits do not satisfy employees' needs. This can increase turnover as dissatisfied employees seek other job opportunities. Employers must carefully design competitive indirect compensation packages that meet the needs of a diverse workforce to minimize turnover. Strategies like increased benefit options, flexible work schedules, and ensuring fair treatment among employees can help address issues with indirect compensation.
The document discusses several interviews conducted as part of a project for VIVA. It summarizes the career journeys and views of Robin Banerjee, Himanshu Chakrawarti, and Javed Akhtar.
Robin Banerjee is the Managing Director of Caprihans India Ltd. He focuses on understanding concepts, communication skills, and diligence. Himanshu Chakrawarti is CEO of Mobile Store. He introduced new services and optimized networks to turn losses into profits. Javed Akhtar is CEO of Travel Port. He focuses on positioning, engagement, and being adaptive and innovative.
Mr. Gautam Borah has over 20 years of experience in customer service and leads multi-geography operations and teams, emphasizing the importance of customer service in India and how focusing on customers can yield results. He spoke about the challenges in the telecom industry including stakeholder management and sustainability, and the importance of recruiting the right people, having a clear vision and excellence in customer service. Dr. Vinay Nayak has over 27 years of experience leading quality operations and is one of the few people in the Indian pharmaceutical industry to become a business head from a quality background.
This document discusses Commercial Bank's application of the 7Ps marketing mix model. It provides details on how Commercial Bank addresses each P: Product (core and augmented offerings), Price (interest rates and fees), Place (branch and ATM network), Promotion (advertising, PR, telemarketing), People (prioritizing employees), Process (market research and customer feedback), and Physical Evidence (signage, reports, dress code). Commercial Bank aims to understand customer needs and deliver a unique experience through its 7Ps strategies.
NMIMS Solved Assignment Answer Sheet June 2019palaniappann
Sir / Madam
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD has 15 years of teaching experience in MBA Business schools. For last fifteen years Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD has taught various subjects from Marketing, Finance, Human Resource Management, Information Systems, International Business and General Specializations. He has written many research papers and case studies.
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD organizes online MBA subject coaching / MBA Assignment help and MBA Project help. Many clients national and international has appreciated Prof.Dr.N.Palaniappan.,MBA., MCom.,MPhil.,PhD for his timely help in the assignments and projects and MBA subject coaching.
You can call him on his mobile no. 09025810064 (whatsapp available) or mail him at palaniappanmail@gmail.com. He does help/guidance for the below question. If urgent or any query’s, Please feel free to call him on his mobile no. 9025810064 (whatsapp available) or do mail on palaniappanmail@gmail.com.
Contact
Prof.Dr.N.Palaniappan.,MBA., MCom.,MPhil.,PhD.
Mail:- palaniappanmail@gmail.com
MBA Subject Coaching/ MBA Assignment/ MBA Project Consultant
Director - Knowledge Point.
Ph:-9025810064 (whatsapp available)
Annamalai MBA 2nd year General 346 Solved Assignment 2021palaniappann
Sir/ Madam
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD. has 15 years of teaching experience in MBA Business schools. For last fifteen years Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD has taught various subjects from Marketing, Finance, Human Resource Management, Information Systems, International Business and General Specializations. He has written many research papers and case studies.
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD organizes online MBA subject coaching / MBA Assignment help and MBA Project help. Many clients national and international has appreciated Prof.Dr.N.Palaniappan.,MBA., MCom.,MPhil.,PhD for his timely help in the assignments and projects and MBA subject coaching.
You can call him on his mobile no. 9025810064 (whatsapp available) or mail him at palaniappanmail@gmail.com. He does help/guide for the below question. If urgent or any query’s, Please feel free to call him on his mobile no. 9025810064 (whatsapp available) or do mail on palaniappanmail@gmail.com.
Contact:
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD
Mail ID: palaniappanmail@gmail.com
Ph: - 9025810064 (whatsapp available)
1. The document outlines the agenda for Project WeLike2 which includes sessions on winning strategies from Mahabharata, the magic of voice and accent, growing a business from Rs. 900 to Rs. 90 lacs, effective presentation skills, and winning approaches to retail selling.
2. It also includes segments on guest speakers from Aramex, Perna Global Logistics, and Billbachao in the "We Lounge" section and a list of trending news topics in the "News Wire" section.
3. The document provides an undertaking that the project work was conducted by the student as part of their coursework and was not sourced from any outside agency.
Project we like nikesh betwala hpgd jl19 1178NIKESHBETWALA
Mr. Mudit Saxena has over 20 years of experience working in retail banking in countries in the Middle East and Asia. He launched the first digital bank in the Middle East called CBD and helped transform retail banking at Emirates Bank and Bank Dhofar. He is currently the Head of Retail, Digital and Marketing. He advises gaining experience in emerging markets before moving to the Middle East and to focus on understanding different cultures and markets.
This document contains a resume for Be Thi Thu Hien. She has over 15 years of experience in corporate social responsibility and sustainability management, currently working as the CSR Manager for Freetrend Industrial (VN) Co., Ltd. Her responsibilities include ensuring compliance with customers' standards and local laws, developing CSR strategies and policies, managing training programs, conducting audits of suppliers, and overseeing a team of 14 people. She holds a BA degree in French and has received training in areas such as leadership, communication skills, auditing, and computer programs.
The document discusses the role of warehousing in supply chain management. It notes that the Indian logistics sector is estimated to reach $200 billion by 2020 but currently faces challenges around insufficient facilities, lack of technology, and expertise. Warehousing is a key part of logistics and is estimated to grow by 25% annually. Effective warehousing aims to minimize costs while maximizing serviceability, transportation availability, and suitable infrastructure, connectivity, environmental factors, and government regulations.
The document discusses the design and management of an effective sales force. It outlines key steps in designing a sales force structure including setting objectives, using salespeople strategically, and deciding on a structure based on company strategy. Common sales force structures include territorial, product, market, and complex structures. Managing salespeople effectively requires recruitment of the right candidates, training, supervision, motivation through compensation and quotas, and regular evaluation. Relationship building and negotiation skills are also important for salesforce success.
- The document discusses strategies at three levels: corporate, business, and functional. At the corporate level, marketing assesses market attractiveness and promotes customer orientation. At the business level, firms compete through differentiation and positioning. At the functional level, resources are allocated to support business strategies.
- Developing strategies requires negotiation between different functional areas that may have competing interests. Successful marketing managers understand capabilities across functions and facilitate strategies responsive to customer needs.
- Four components contribute to strategy success: the customer interface, core strategy, strategic resources, and value network. These must be tied together through customer benefits, configuration, and boundaries.
This is a sample of my sales effectiveness program training. It is a three days course that can be followed by workshops and courses of several subject:
- Business model workshop
- Territory management workshop
- Sales coaching workshop
- Go to Market model development workshop
NMIMS 1st Year Assignment Solution Sep 2021 palaniappann
Sir/ Madam
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD. has 15 years of teaching experience in MBA Business schools. For last fifteen years Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD has taught various subjects from Marketing, Finance, Human Resource Management, Information Systems, International Business and General Specializations. He has written many research papers and case studies.
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD organizes online MBA subject coaching / MBA Assignment help and MBA Project help. Many clients national and international has appreciated Prof.Dr.N.Palaniappan.,MBA., MCom.,MPhil.,PhD for his timely help in the assignments and projects and MBA subject coaching.
You can call him on his mobile no. 9025810064 (whatsapp available) or mail him at palaniappanmail@gmail.com. He does help/guide for the below question. If urgent or any query’s, Please feel free to call him on his mobile no. 9025810064 (whatsapp available) or do mail on palaniappanmail@gmail.com. He does help/guide for the below question
Contact:
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD.
Mail ID: palaniappanmail@gmail.com
Ph: - 9025810064 (whatsapp available)
NMIMS Dec 2021 Assignment Answer Sheet palaniappann
Sir / Madam,
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD. has 15 years of teaching experience in MBA Business schools. For last fifteen years Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD has taught various subjects from Marketing, Finance, Human Resource Management, Information Systems, International Business and General Specializations. He has written many research papers and case studies.
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD organizes online MBA subject coaching / MBA Assignment help and MBA Project help. Many clients national and international has appreciated Prof.Dr.N.Palaniappan.,MBA., MCom.,MPhil.,PhD for his timely help in the assignments and projects and MBA subject coaching.
You can call him on his mobile no. 09025810064 (whatsapp available) or mail him at palaniappanmail@gmail.com. He does help/guide for the below question. If urgent or any query’s, Please feel free to call him on his mobile no. 9025810064 (whatsapp available) or do mail on palaniappanmail@gmail.com. He does help/guide for the below question
Contact:
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD
Mail ID: palaniappanmail@gmail.com
Ph: - 9025810064 (whatsapp available)
TO FIND OUT THE FACTORS INFLUENCING CUSTOMER SATISFACTION TOWARDS THE SERVICE...Suraj Patil
The chief importance this project is to know the about customer satisfaction and factors influencing to choose services provided by the IBHFL. The foremost thing is the company and its unit profile. Were work that was being carried out simultaneously was to know the current policies and system regarding services.
This document provides details about a study on consumer behavior related to different brand bikes with special reference to KTM bikes in Coimbatore, India. The document includes an introduction outlining the objectives and scope of the study, as well as the research methodology used which involves collecting primary data through questionnaires and secondary data. It also describes the sample design of 100 KTM customers in Coimbatore using non-probability convenient sampling. The study aims to understand factors influencing customer decisions to purchase KTM bikes and their responses to services.
1. Snapdeal plans to help 10,000 of its active sellers generate 1 crore (10 million) rupees each in business through various support programs. This will help the sellers grow their businesses and increase Snapdeal's own revenues.
2. Ecommerce companies are expected to contribute to a 13% rise in India's overall advertising spending in 2016 according to forecasts, as the sector continues growing rapidly in India.
3. Quikr acquired the online real estate portal Commonfloor.com for $120 million to expand into the real estate classifieds business.
Goal diggers Marketing managment Marketing Mix 7p's of Amana BankNimeshAnuradha1
This document provides information about Amana Bank in Sri Lanka including:
- An overview of Amana Bank's financial performance, branches, employees, and customers.
- Details on Amana Bank's vision to be a leader in providing equitable financial solutions and earning customer trust.
- An explanation of how the 7Ps of marketing (Product, Place, Price, Promotion, Physical Evidence, People, Processes) are applied at Amana Bank, describing their products, branches, pricing, promotions, physical environment, employees, and processes.
- Specific examples of Amana Bank's products like doorstep banking and debit cards, their pricing strategies, and promotional activities like social media, rewards, and email
CASE STUDY HELP:
Most of the International B Schools (Distance Learning) they provide Home base exams. And they provide only few days to write case study solutions / Question answers. For Students, working employees it’s very difficult to finding the answers and to write. So we are here to help all Candidates (PHD, MBA, EMBA, DMS, BMS, GDM, MIS, MIB, PGDM…). We are a team of highly committed professionals will help you to write Answer sheets.
ASSIGNMENT HELP:
Assignment preparation is very big task for working professional. Because the main thing is time. Here are the skills for Preparing Assignment.
What sort of writer are you?
Writing University-level assignments
Where and when to work on writing tasks
Understanding the question: Process words
Focusing on the content or topic
Course and subject-specific types of writing
Planning your writing
Types of planning – spider diagrams / Mind Mapping, outlines, lists
Planning assignments by paragraphs
“Help! Planning does not work for me!”
Gathering information and keeping good records
Building your list of sources
Preparing for writing: presentation and style
Academic conventions
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ESSAY HELP :
Nearly everyone encounters an essay exam sometime at some point in their schooling. Essay exams are especially common in secondary school. Depending on the subject and person, it may take a lot of studying and preparation or it may be very simple. In either case, knowing if you are prepared is important for being confident and calm to write the exam.
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CASE STUDY HELP:
Most of the International B Schools (Distance Learning) they provide Home base exams. And they provide only few days to write case study solutions / Question answers. For Students, working employees it’s very difficult to finding the answers and to write. So we are here to help all Candidates (PHD, MBA, EMBA, DMS, BMS, GDM, MIS, MIB, PGDM…). We are a team of highly committed professionals will help you to write Answer sheets.
ASSIGNMENT HELP:
Assignment preparation is very big task for working professional. Because the main thing is time. Here are the skills for Preparing Assignment.
What sort of writer are you?
Writing University-level assignments
Where and when to work on writing tasks
Understanding the question: Process words
Focusing on the content or topic
Course and subject-specific types of writing
Planning your writing
Types of planning – spider diagrams / Mind Mapping, outlines, lists
Planning assignments by paragraphs
“Help! Planning does not work for me!”
Gathering information and keeping good records
Building your list of sources
Preparing for writing: presentation and style
Academic conventions
Now please confirm do you have to spend fruitless hours every day, dig in to textbooks to research and look for proper reference in getting your assignment done? With the help of Case study solutions you can achieve your carries goals.
ESSAY HELP :
Nearly everyone encounters an essay exam sometime at some point in their schooling. Essay exams are especially common in secondary school. Depending on the subject and person, it may take a lot of studying and preparation or it may be very simple. In either case, knowing if you are prepared is important for being confident and calm to write the exam.
Custom Essay help is another similar service provided under the brand of Case study solutions. With our essay writing service you can expect to get top quality essay in no time and achieve academic excellence.
PROJECT REPORTS / THESIS HELP:
Case study solutions provides you consultancy services by way of preparation of PROJECT REPORTS, DETAILED PROJECT PROFILES, MARKET SURVEYS, DETAILED PROJECT REPORTS and allied services to the existing as well perspective entrepreneurs covering diverse industry sectors like Marketing , HRM , Finance, Banking , IT , Tourism, Hospitality, CRM , Retail, International Business, Operations, Logistics, Agro, Auto, Chemicals, Cosmetics & Toiletries, Pharmaceuticals, Electrical/Electronics & Computers……………..
PROJECT REPORTS that works as a key for an entrepreneur for gathering information on the subject or for submission to the industrial departments/Financial firms.
www.mbacasestudyanswers.com
www.casestudysolution.in
aravind.banakar@gmail.com
ARAVIND
09901366442 – 09902787224
Sir/ Madam
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD. has 15 years of teaching experience in MBA Business schools. For last fifteen years Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD has taught various subjects from Marketing, Finance, Human Resource Management, Information Systems, International Business and General Specializations. He has written many research papers and case studies.
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD organizes online MBA subject coaching / MBA Assignment help and MBA Project help. Many clients national and international has appreciated Prof.Dr.N.Palaniappan.,MBA., MCom.,MPhil.,PhD for his timely help in the assignments and projects and MBA subject coaching.
You can call him on his mobile no. 9025810064 (whatsapp available) or mail him at palaniappanmail@gmail.com. He does help/guide for the below question. If urgent or any query’s, Please feel free to call him on his mobile no. 9025810064 (whatsapp available) or do mail on palaniappanmail@gmail.com. He does help/guide for the below question
Contact:
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD.
Mail ID: palaniappanmail@gmail.com
Ph: - 9025810064 (whatsapp available)
Indirect pay or compensation refers to non-monetary benefits provided to employees such as paid time off, health insurance, and retirement plans. While indirect compensation aims to attract and retain talent, issues can arise when the benefits do not satisfy employees' needs. This can increase turnover as dissatisfied employees seek other job opportunities. Employers must carefully design competitive indirect compensation packages that meet the needs of a diverse workforce to minimize turnover. Strategies like increased benefit options, flexible work schedules, and ensuring fair treatment among employees can help address issues with indirect compensation.
The document discusses several interviews conducted as part of a project for VIVA. It summarizes the career journeys and views of Robin Banerjee, Himanshu Chakrawarti, and Javed Akhtar.
Robin Banerjee is the Managing Director of Caprihans India Ltd. He focuses on understanding concepts, communication skills, and diligence. Himanshu Chakrawarti is CEO of Mobile Store. He introduced new services and optimized networks to turn losses into profits. Javed Akhtar is CEO of Travel Port. He focuses on positioning, engagement, and being adaptive and innovative.
Mr. Gautam Borah has over 20 years of experience in customer service and leads multi-geography operations and teams, emphasizing the importance of customer service in India and how focusing on customers can yield results. He spoke about the challenges in the telecom industry including stakeholder management and sustainability, and the importance of recruiting the right people, having a clear vision and excellence in customer service. Dr. Vinay Nayak has over 27 years of experience leading quality operations and is one of the few people in the Indian pharmaceutical industry to become a business head from a quality background.
This document discusses Commercial Bank's application of the 7Ps marketing mix model. It provides details on how Commercial Bank addresses each P: Product (core and augmented offerings), Price (interest rates and fees), Place (branch and ATM network), Promotion (advertising, PR, telemarketing), People (prioritizing employees), Process (market research and customer feedback), and Physical Evidence (signage, reports, dress code). Commercial Bank aims to understand customer needs and deliver a unique experience through its 7Ps strategies.
NMIMS Solved Assignment Answer Sheet June 2019palaniappann
Sir / Madam
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD has 15 years of teaching experience in MBA Business schools. For last fifteen years Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD has taught various subjects from Marketing, Finance, Human Resource Management, Information Systems, International Business and General Specializations. He has written many research papers and case studies.
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD organizes online MBA subject coaching / MBA Assignment help and MBA Project help. Many clients national and international has appreciated Prof.Dr.N.Palaniappan.,MBA., MCom.,MPhil.,PhD for his timely help in the assignments and projects and MBA subject coaching.
You can call him on his mobile no. 09025810064 (whatsapp available) or mail him at palaniappanmail@gmail.com. He does help/guidance for the below question. If urgent or any query’s, Please feel free to call him on his mobile no. 9025810064 (whatsapp available) or do mail on palaniappanmail@gmail.com.
Contact
Prof.Dr.N.Palaniappan.,MBA., MCom.,MPhil.,PhD.
Mail:- palaniappanmail@gmail.com
MBA Subject Coaching/ MBA Assignment/ MBA Project Consultant
Director - Knowledge Point.
Ph:-9025810064 (whatsapp available)
Annamalai MBA 2nd year General 346 Solved Assignment 2021palaniappann
Sir/ Madam
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD. has 15 years of teaching experience in MBA Business schools. For last fifteen years Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD has taught various subjects from Marketing, Finance, Human Resource Management, Information Systems, International Business and General Specializations. He has written many research papers and case studies.
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD organizes online MBA subject coaching / MBA Assignment help and MBA Project help. Many clients national and international has appreciated Prof.Dr.N.Palaniappan.,MBA., MCom.,MPhil.,PhD for his timely help in the assignments and projects and MBA subject coaching.
You can call him on his mobile no. 9025810064 (whatsapp available) or mail him at palaniappanmail@gmail.com. He does help/guide for the below question. If urgent or any query’s, Please feel free to call him on his mobile no. 9025810064 (whatsapp available) or do mail on palaniappanmail@gmail.com.
Contact:
Prof.Dr.N.Palaniappan.,MBA.,MCom.,MPhil.,PhD
Mail ID: palaniappanmail@gmail.com
Ph: - 9025810064 (whatsapp available)
1. The document outlines the agenda for Project WeLike2 which includes sessions on winning strategies from Mahabharata, the magic of voice and accent, growing a business from Rs. 900 to Rs. 90 lacs, effective presentation skills, and winning approaches to retail selling.
2. It also includes segments on guest speakers from Aramex, Perna Global Logistics, and Billbachao in the "We Lounge" section and a list of trending news topics in the "News Wire" section.
3. The document provides an undertaking that the project work was conducted by the student as part of their coursework and was not sourced from any outside agency.
Project we like nikesh betwala hpgd jl19 1178NIKESHBETWALA
Mr. Mudit Saxena has over 20 years of experience working in retail banking in countries in the Middle East and Asia. He launched the first digital bank in the Middle East called CBD and helped transform retail banking at Emirates Bank and Bank Dhofar. He is currently the Head of Retail, Digital and Marketing. He advises gaining experience in emerging markets before moving to the Middle East and to focus on understanding different cultures and markets.
This document contains a resume for Be Thi Thu Hien. She has over 15 years of experience in corporate social responsibility and sustainability management, currently working as the CSR Manager for Freetrend Industrial (VN) Co., Ltd. Her responsibilities include ensuring compliance with customers' standards and local laws, developing CSR strategies and policies, managing training programs, conducting audits of suppliers, and overseeing a team of 14 people. She holds a BA degree in French and has received training in areas such as leadership, communication skills, auditing, and computer programs.
The document discusses the role of warehousing in supply chain management. It notes that the Indian logistics sector is estimated to reach $200 billion by 2020 but currently faces challenges around insufficient facilities, lack of technology, and expertise. Warehousing is a key part of logistics and is estimated to grow by 25% annually. Effective warehousing aims to minimize costs while maximizing serviceability, transportation availability, and suitable infrastructure, connectivity, environmental factors, and government regulations.
The document discusses the design and management of an effective sales force. It outlines key steps in designing a sales force structure including setting objectives, using salespeople strategically, and deciding on a structure based on company strategy. Common sales force structures include territorial, product, market, and complex structures. Managing salespeople effectively requires recruitment of the right candidates, training, supervision, motivation through compensation and quotas, and regular evaluation. Relationship building and negotiation skills are also important for salesforce success.
- The document discusses strategies at three levels: corporate, business, and functional. At the corporate level, marketing assesses market attractiveness and promotes customer orientation. At the business level, firms compete through differentiation and positioning. At the functional level, resources are allocated to support business strategies.
- Developing strategies requires negotiation between different functional areas that may have competing interests. Successful marketing managers understand capabilities across functions and facilitate strategies responsive to customer needs.
- Four components contribute to strategy success: the customer interface, core strategy, strategic resources, and value network. These must be tied together through customer benefits, configuration, and boundaries.
This is a sample of my sales effectiveness program training. It is a three days course that can be followed by workshops and courses of several subject:
- Business model workshop
- Territory management workshop
- Sales coaching workshop
- Go to Market model development workshop
Sales territory and management of sales quotasanjay_sarkar
Here are two potential issues when salespeople are asked to set their own quotas:
1. Overly ambitious quotas: Salespeople may be overly optimistic and set quotas too high without properly considering market realities and limitations. This could lead to missed quotas and demotivation.
2. Lack of objectivity: Salespeople may set quotas that are too low in order to easily achieve them and earn incentives, rather than having ambitious yet realistic targets. This does not truly push performance and may not be in the best interests of the company.
Riskpro is an organization providing risk management consulting services across India through offices in major cities. It is managed by experienced professionals with over 200 years of cumulative experience. Riskpro aims to provide integrated risk management solutions to mid-large sized companies and be the preferred provider of governance, risk, and compliance solutions. It offers quality advisory services at competitive prices compared to large consulting firms. Riskpro's focus is on risk management and it has expertise across various industries and capabilities to take on large, complex projects.
Riskpro is an organization of risk management firms in India that provides services such as risk advisory, consulting, training and human capital management solutions. It has over 200 years of cumulative experience among its professionals. The document discusses Riskpro's value proposition as a quality yet affordable alternative to large consulting firms. It also outlines Riskpro's presence across India and provides an overview of the sales and marketing audit process it uses to improve business performance.
Riskpro is an organization providing risk management consulting services across India through offices in major cities. It is managed by experienced professionals with over 200 years of cumulative experience. Riskpro aims to provide integrated risk management solutions to mid-large sized companies and be the preferred provider of governance, risk, and compliance solutions. It offers quality advisory services at competitive prices compared to large consulting firms. Riskpro's focus is on risk management and it has expertise across various industries and capabilities to take on large, complex projects.
Riskpro is an organization providing risk management consulting services across India through offices in major cities. It is managed by experienced professionals with over 200 years of cumulative experience. Riskpro aims to provide integrated risk management solutions to mid-large sized companies and be the preferred provider of governance, risk, and compliance solutions. It offers quality advisory services at affordable rates compared to large consulting firms. Riskpro's focus is on risk management and it has expertise across various industries and capabilities to take on large, complex projects.
In this lesson you learned that there are four levels of strategy-making which includes Corporate Level, Business Unit Level, Functional Unit Level and Operational Level. You also learned that developing strategy is a collaborative team effort in which every manager has a role for the area he or she is responsible for.
Better Business Planning: Your Comprehensive Guide to Building Success
Introduction:
Embarking on a new business venture or seeking to elevate an existing one? Whether you're a budding entrepreneur or aiming to secure funding from venture capitalists, the importance of a well-crafted business plan cannot be overstated. Welcome to "Better Business Planning," an e-book that serves as your indispensable guide to creating a comprehensive, thoughtful, and compelling business plan. Here, you'll find all the essential information you need to transform your business vision into a strategic roadmap for success.
Chapter 1: The Crucial Role of a Business Plan
The e-book commences with a deep dive into the significance of a business plan in the entrepreneurial journey. Whether you're at the inception stage or looking to attract investment, a well-constructed business plan is your roadmap to success. This chapter lays the foundation for understanding why a business plan is more than just a document—it's a strategic tool that aligns your aspirations with sound business reasoning.
Chapter 2: Comprehensive and Well-Thought-Out
Building a business plan goes beyond mere documentation; it requires a comprehensive and well-thought-out approach. This chapter delves into the key components that make a business plan effective. From market analysis to financial projections, every aspect is explored to ensure your business plan is not only thorough but also resonates with clarity and purpose.
Chapter 3: Crafting Sound Business Reasons
Success hinges on sound business reasons, and your business plan is the platform to articulate them effectively. This chapter explores the art of presenting compelling reasons for your business's existence, growth, and potential success. By understanding how to convey your ideas with conviction, you'll be better equipped to engage potential investors and stakeholders.
Chapter 4: Your One-Stop Source for Business Info
The e-book positions itself as your ultimate source for all things related to business planning. Whether you're a novice or a seasoned entrepreneur, you'll find valuable insights and practical tips to enhance your business planning skills. This chapter sets the tone for a comprehensive learning experience that empowers you to navigate the intricacies of the business planning process.
Conclusion:
"Better Business Planning" is more than just an e-book; it's your partner in the journey toward business success. From understanding the crucial role of a business plan to crafting sound business reasons, this guide is designed to equip you with the knowledge and skills needed to create a compelling roadmap for your venture. As you delve into the comprehensive and well-thought-out strategies outlined in this e-book, remember that a successful business plan is not just a document; it's a strategic tool that propels your vision toward tangible success. Get ready to transform your business planning approach—your journey begins here.
The document discusses competitive strategies and the business environment. It covers how business strategy is created through analysis of internal resources and the external environment. Key aspects of strategy include formulation, implementation, managing competition through pricing and communication. Understanding customers is important, and tools like conjoint analysis can provide insights. Effective strategies consider the nature of the operating environment and routes to achieving competitive advantage like focusing on areas of strength. The effectiveness of strategic systems should be evaluated based on factors like alignment with goals and flexibility.
This document discusses compensation for special groups and international compensation. It covers six areas of involvement for sales compensation plans including problem resolution, design and implementation process, guiding principles, competitive pay assessments, industry trends, and plan effectiveness assessment. It also discusses eligibility for sales compensation and examines sales compensation for sales leaders, field sales managers, sales staff, and sales representatives. Finally, it provides an overview of components of international compensation including objectives, approaches, and merits and demerits.
The document outlines the 9 steps of the strategic management process: 1) Develop a clear vision and mission statement, 2) Assess strengths and weaknesses, 3) Scan for opportunities and threats, 4) Identify key success factors, 5) Analyze competition, 6) Create goals and objectives, 7) Formulate strategies, 8) Translate plans into action, 9) Establish controls. It provides details on developing a vision and mission statement to guide the company and communicating it effectively. It also discusses analyzing the internal/external environment, competition, and key success factors to craft strategic plans and maintain a competitive advantage.
The document provides a recruitment and sales strategy plan for a consulting company expanding into new areas. It recommends a functional organizational structure with departments for finance, marketing, and HR managed by a director. The marketing department would be organized geographically. The recruitment and selection process includes job analysis, descriptions, objectives, and a timeline. Selection involves screening, interviews, testing, and background checks. The sales strategy recommends targeting various business sectors, setting a sales objective, and pursuing a low-cost strategy through numerous customers and cost control. An action plan is suggested to implement the strategic goals.
The document provides an overview of marketing finance and sales revenue analysis. It discusses:
1) The importance of financial analysis in marketing to gauge strategy, evaluate alternatives, develop plans, and control activities.
2) How to analyze sales revenue by product, region, customer, and other groupings to identify issues and opportunities.
3) The steps involved in product-wise sales revenue analysis including comparing growth rates to industry averages and adjusting for inflation.
4) Uses of sales analysis including forecasting, performance measures, market position evaluation, and modifying strategies.
Introducing Superior Business Planning —How to Develop a Successful Business Plan. Inside this eBook, you will discover the topics about business planning basics, market evaluation, analyze competition, determine a marketing strategy, decide what extras you may need like staff etc and the dangers in not making a business plan.
There should be an executive summary of less than two pages at the
start of the business plan which sells the plan and highlights its
features.
A company summary should be included containing a factual
description of the company, its owners and history. There needs to be
a section referring to products and or services and their points of
difference in the market.
The document discusses strategies for scaling up a business to the next level. It outlines a 5-step process for scaling up: 1) evaluate current operations, 2) determine how to scale up through new positions, 3) scale up capacities, competencies and capabilities, 4) implement new structures, processes and ownership models, and 5) establish outcome and impact measures. Key aspects of scaling up include increasing current capabilities and offerings, strengthening talent, automating tasks, and integrating functions through improved structures and processes. Measurement of outputs, outcomes and impact is important to evaluate scaling up efforts and make adjustments.
This document provides an overview of the key elements to include when creating a business plan. It discusses the importance of a business plan for attracting investors, evaluating the feasibility of a business idea, and setting milestones. The document outlines the typical sections of a business plan, including an executive summary, company description, market analysis, management overview, marketing plan, funding request, and financial projections. It provides guidance on the level of detail needed for each section and what information should be included.
The digital marketing industry is changing faster than ever and those who don’t adapt with the times are losing market share. Where should marketers be focusing their efforts? What strategies are the experts seeing get the best results? Get up-to-speed with the latest industry insights, trends and predictions for the future in this panel discussion with some leading digital marketing experts.
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Dive deep into the cutting-edge strategies we're employing to revolutionize our web presence in the age of AI-driven search. As Gen Z reshapes the digital realm, discover how we can bridge the generational divide. Unlock the synergistic power of PPC, social media, and SEO, driving unparalleled revenues for our projects.
Capstone Project: Luxury Handloom Saree Brand
As part of my college project, I applied my learning in brand strategy to create a comprehensive project for a luxury handloom saree brand. Key aspects of this project included:
- *Competitor Analysis:* Conducted in-depth competitor analysis to identify market position and differentiation opportunities.
- *Target Audience:* Defined and segmented the target audience to tailor brand messages effectively.
- *Brand Strategy:* Developed a detailed brand strategy to enhance market presence and appeal.
- *Brand Perception:* Analyzed and shaped the brand perception to align with luxury and heritage values.
- *Brand Ladder:* Created a brand ladder to outline the brand's core values, benefits, and attributes.
- *Brand Architecture:* Established a cohesive brand architecture to ensure consistency across all brand touchpoints.
This project helped me gain practical experience in brand strategy, from research and analysis to strategic planning and implementation.
The Strategic Impact of Storytelling in the Age of AI
In the grand tapestry of marketing, where algorithms analyze data and artificial intelligence predicts trends, one essential thread remains constant — the timeless art of storytelling. As we stand on the precipice of a new era driven by AI, join me in unraveling the narrative alchemy that transforms brands from mere entities into captivating tales that resonate across the digital landscape. In this exploration, we will discover how, in the face of advancing technology, the human touch of a well-crafted story becomes not just a marketing tool but the very essence that breathes life into brands and forges lasting connections with our audience.
Gokila digital marketing| consultant| Coimbatoredmgokila
Myself Gokila digital marketing consultant located in Coimbatore other various types of digital marketing services such as SEM
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Digital Marketing Services | Techvolt Software :
Digital Marketing is a latest method of Marketing techniques widely used across the Globe. Digital Marketing is an online marketing technique and methods used for all products and services through Search Engine and Social media advertisements. Previously the marketing techniques were used without using the internet via direct and indirect marketing strategies such as advertising through Telemarketing,Newspapers,Televisions,Posters etc.
List of Services offered in Digital Marketing |Techvolt Software :
Techvolt Software offers best Digital Marketing services for promoting your products and services through online platform on the below methods of Digital marketing
1. Search Engine Optimization (SEO)
2. Search Engine Marketing (SEM)
3. Social Media Optimization (SMO)
4. Social Media Marketing (SMM)
5. Campaigns
Importance | Need of Digital Marketing (Online Promotions) :
1. Quick Promotions through Online
2. Generation of More leads and Business Enquiries via Search Engine and Social Media Platform
3. Latest Technology development vs Business promotions
4. Creation of Social Branding
5. Promotion with less investment
Benefits Digital Marketing Services at Techvolt software :
1. Services offered with Affordable cost
2. Free Content writing
3. Free Dynamic Website design*
4. Best combo offers on website Hosting,design along with digital marketing services
5. Assured Lead Generation through Search Engine and Social Media
6. Online Maintenance Support
Free Website + Digital Marketing Services
Techvolt Software offers Free website design for all customer and clients who is availing the digital marketing services for a minimum period of 6 months.
With Regards
Gokila digital marketer
Coimbatore
Efficient Website Management for Digital Marketing ProsLauren Polinsky
Learn how to optimize website projects, leverage SEO tactics effectively, and implement product-led marketing approaches for enhanced digital presence and ROI.
This session is your key to unlocking the secrets of successful digital marketing campaigns and maximizing your business's online potential.
Actionable tactics you can apply after this session:
- Streamlined Website Management: Discover techniques to streamline website development, manage day-to-day operations efficiently, and ensure smooth project execution.
- Effective SEO Practices: Gain valuable insights into optimizing your website for search engines, improving visibility, and driving organic traffic to your digital assets.
- Leverage Product-Led Marketing: Explore strategies for incorporating product-led marketing principles into your digital marketing efforts, enhancing user engagement and driving conversions.
Don't miss out on this opportunity to elevate your digital marketing game and achieve tangible results!
Unlock the secrets to enhancing your digital presence with our masterclass on mastering online visibility. Learn actionable strategies to boost your brand, optimize your social media, and leverage SEO. Transform your online footprint into a powerful tool for growth and engagement.
Key Takeaways:
1. Effective techniques to increase your brand's visibility across various online platforms.
2. Strategies for optimizing social media profiles and content to maximize reach and engagement.
3. Insights into leveraging SEO best practices to improve search engine rankings and drive organic traffic.
The digital marketing industry is changing faster than ever and those who don’t adapt with the times are losing market share. Where should marketers be focusing their efforts? What strategies are the experts seeing get the best results? Get up-to-speed with the latest industry insights, trends and predictions for the future in this panel discussion with some leading digital marketing experts.
Mastering Local SEO for Service Businesses in the AI Era is tailored specifically for local service providers like plumbers, dentists, and others seeking to dominate their local search landscape. This session delves into leveraging AI advancements to enhance your online visibility and search rankings through the Content Factory model, designed for creating high-impact, SEO-driven content. Discover the Dollar-a-Day advertising strategy, a cost-effective approach to boost your local SEO efforts and attract more customers with minimal investment. Gain practical insights on optimizing your online presence to meet the specific needs of local service seekers, ensuring your business not only appears but stands out in local searches. This concise, action-oriented workshop is your roadmap to navigating the complexities of digital marketing in the AI age, driving more leads, conversions, and ultimately, success for your local service business.
Key Takeaways:
Embrace AI for Local SEO: Learn to harness the power of AI technologies to optimize your website and content for local search. Understand the pivotal role AI plays in analyzing search trends and consumer behavior, enabling you to tailor your SEO strategies to meet the specific demands of your target local audience. Leverage the Content Factory Model: Discover the step-by-step process of creating SEO-optimized content at scale. This approach ensures a steady stream of high-quality content that engages local customers and boosts your search rankings. Get an action guide on implementing this model, complete with templates and scheduling strategies to maintain a consistent online presence. Maximize ROI with Dollar-a-Day Advertising: Dive into the cost-effective Dollar-a-Day advertising strategy that amplifies your visibility in local searches without breaking the bank. Learn how to strategically allocate your budget across platforms to target potential local customers effectively. The session includes an action guide on setting up, monitoring, and optimizing your ad campaigns to ensure maximum impact with minimal investment.
As 2023 proved, the next few years may be shaped by market volatility and artificial intelligence services such as OpenAI's ChatGPT and Perplexity.ai. Your brand will increasingly compete for attention with Google, Apple, OpenAI, and Amazon, and customers will expect a hyper-relevant and individualized experience from every business at any moment. New state-legislated data privacy laws and several FTC rules may challenge marketers to deliver contextually relevant customer experiences, much less reach unknown prospective buyers. Are you ready?Let's discuss the critical need for data governance and applied AI for your business rather than relying on public AI models. As AI permeates society and all industries, learn how to be future-ready, compliant, and confidentlyscaling growth.
Key Takeaways:
Primary Learning Objective
1: Grasp when artificial general intelligence (""AGI"") will arrive, and how your brand can navigate the consequences. Primary Learning Objective
2: Gain an accurate analysis of the continuously developing customer journey and business intelligence. Primary Learning Objective
3: Grow revenue at lower costs with more efficient marketing and business operations.
Customer Experience is not only for B2C and big box brands. Embark on a transformative journey into the realm of B2B customer experience with our masterclass. In this dynamic session, we'll delve into the intricacies of designing and implementing seamless customer journeys that leave a lasting impression. Explore proven strategies and best practices tailored specifically for the B2B landscape, learning how to navigate complex decision-making processes and cultivate meaningful relationships with clients. From initial engagement to post-sale support, discover how to optimize every touchpoint to deliver exceptional experiences that drive loyalty and revenue growth. Join us and unlock the keys to unparalleled success in the B2B arena.
Key Takeaways:
1. Identify your customer journey and growth areas
2. Build a three-step customer experience strategy
3. Put your CX data to use and drive action in your organization
Empowering Influencers: The New Center of Brand-Consumer Dynamics
In the current market landscape, establishing genuine connections with consumers is crucial. This presentation, "Empowering Influencers: The New Center of Brand-Consumer Dynamics," explores how influencers have become pivotal in shaping brand-consumer relationships. We will examine the strategic use of influencers to create authentic, engaging narratives that resonate deeply with target audiences, driving success in the evolved purchase funnel.
janani Digital Marketer|Digital Marketing consultant|Marketing Promotion|Coim...janudm24
Myself Janani Digital marketing consultant located in coimbatore I offer all kinds of digital marketing services for your business requirements such as SEO SMO SMM SMO CAMPAIGNS content writing web design for all your business needs with affordable cost
Digital Marketing Services | Techvolt Software :
Digital Marketing is a latest method of Marketing techniques widely used across the Globe. Digital Marketing is an online marketing technique and methods used for all products and services through Search Engine and Social media advertisements. Previously the marketing techniques were used without using the internet via direct and indirect marketing strategies such as advertising through Telemarketing,Newspapers,Televisions,Posters etc.
List of Services offered in Digital Marketing |Techvolt Software :
Techvolt Software offers best Digital Marketing services for promoting your products and services through online platform on the below methods of Digital marketing
1. Search Engine Optimization (SEO)
2. Search Engine Marketing (SEM)
3. Social Media Optimization (SMO)
4. Social Media Marketing (SMM)
5. Campaigns
Importance | Need of Digital Marketing (Online Promotions) :
1. Quick Promotions through Online
2. Generation of More leads and Business Enquiries via Search Engine and Social Media Platform
3. Latest Technology development vs Business promotions
4. Creation of Social Branding
5. Promotion with less investment
Benefits Digital Marketing Services at Techvolt software :
1. Services offered with Affordable cost
2. Free Content writing
3. Free Dynamic Website design*
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SLIM PGDIP stage 2 (MSD)
1. 1
Acknowledgement
In completing my assignment, I had to take help and guidelines from some respected people
including my dearest lecturers who deserve my greatest gratitude. I would like to thank
Mr.Baratha Herath giving me this great opportunity to do this assignment as well as for
providing me with the most accurate guidelines and assistance on the completion of my
assignment.
I would also like to make this an opportunity to thank my dear friends of SLIM-Kandy
institute for making valuable comments and suggestions on this proposal which gave me a
great inspiration to improve this assignment and for sacrificing their valuable time expecting
to get a successful outcome from the overall assignment.
Lastly, I would like to thank the staff of SLIM-Kandy institute for providing us with a very
comfortable environment to study.
3. 3
Executive Summary
As the recruitment consult of Z Tech Information Company I have to complete three tasks in
the assignment.
In Task 01, I have recreated the Z Tech Information’s Companies Sales Organization
Structure and I have discus the important areas of the concept of sales organization to achieve
the cooperate goal of Z Tech Information Company
In Task 02, I have explained the different methods of performance evaluation and suitable
methods of sales force performance evaluation to Z Tech Information Company.
In Task 03, I have discuss the qualities of best sales manager should have and sales
representatives with examples and justifications.
4. 4
Task 01
1.1 Introduction of Task 01
The chairman of Z Tech Company Ltd expects to increase their market share by 6%. (For
12% to 18%) in 2019. (Increasing sales by 300 million).
As the recruitment consultant of Z Tech Company, I have to work to achieving that corporate
goal. Therefore I have been assign to re-engineer their organization based on the corporate
goal in achieving that.
In this situation I have to do some duties. They are,
Need to suggest the tight organization structure
Identify the right cadre positions and required sales staff achieving the corporate goals
Implement a proper performance evaluation method and incentive scheme for these
recruited staff.
Understand and suggest the role of manager, their qualities required skill to develop
their job description.
Market development Strategy
Eg:Ansoft’sMatrix
5. 5
1.2Recreating the Z Tech Companies Organization Structure
As the consultant, I should provide right guideline in developing the new sales organizational
structure to achieve their cooperate goal. Therefore, I have to explain clearly the various
concepts in the organizational development. Such as,
Specialization
Centralization
Span of control vs. management level
Line vs. staff positions
Organization is a network defines the essential relationships among people, tasks and
activities with an aim to optimally utilize and coordinate resources to achieve goals.
Advantages of Sales Organization are as follows,
1. Helps in recruitment, selection, training and supervision
2. Paves way for communication; upward and downward, horizontal and vertical
3. Helps in evaluation and control
4. Assists in devising incentive schemes
5. Eliminates misconceptions and confusion about work activities
6. Provides salespeople with definite goals, purpose and ways to obtain results
7. Generates sense of involvement and commitment in salespeople
8. Result in better service to customers
9. Prevents duplication of efforts
6. 6
As the requirement consultant, I prefer to explain different sales organizational concepts.
- Specialization
(This diagram is from sales management analysis and decision making by Ingram. LaForge.
Avila Schwepker Jr. William, Sixth Edition. Figure 4.1.)
The main idea of specialization is concentrating on a limited number of activities; individuals
can become experts on those tasks, leading to better performance for the entire organization.
- Centralization
A centralized structure is one in which authority and responsibilities are placed at higher
management levels. An organization becomes more decentralized as tasks become the
responsibility of lower level.Z Tech's management should think of decision-making
marketing that supports different levels of management at a single location or when making
decision making.
Large organization of organizations, systems with high structures with different management
levels, require wide structures with various departments
7. 7
- Span of Control vs. management level
(This diagram is from sales management analysis and decision making by Ingram. LaForge.
Avila Schwepker Jr. William, Sixth Edition. Figure 4.1.)
No. of Subordinate reporting directly to the Manager. It has flat structure and tall structure.
According there structures, we can identify different control levels. The management of theZ
Tech company should be deciding the span of control in managing the right protocol to
develop the company structure.
8. 8
Below and the above management levels of span of control is very important
- Line verses Staff Positions
Need to educate staff with responsibilities and the accountability developing their job role,
job assignment and performs evaluation. Should offer Job description for different
management levels and different type of different management level.
9. 9
1.3Assumption of market coverage, market share, market size and market
development with an organization structure
As the recruitment consultant of Z Tech Company, I have to suggest a suitable organizational
structure by,
- Calculating the aspected sales
- Right market growth strategic direction
- Market expansion strategy
According to the AC Nelsons 2017 market report, the total annual value of the software
market in sir Lanka is 300,000,000.
Z Tech company market value is 12% rupees per annum.
Z Tech company market value =
Z Tech company expected 6% value to be achieved in 2019 .
Value percentage increase,
Value target of Z Tech Company is 18,000,000 achieving before the end of 2019.
To achieving the above value target Z Tech company has to identify right strategic direction.
As the consultant of Z Tech company, I have to give the right consultation on the right
direction based onAnsoft’s growth Matriz.
They are,
1. Market Penetration
2. Market development
3. Product development
4. Diversification
10. 10
As the consultant, I would like to suggest to the Z tech company as the most suitable
directions,
1. Market development
2. Product development
- Market sales organization structure
Using this Market development strategy Z Tech Company can increase the sales by
existing products in the new market.
11. 11
- Product sales organization structure
Using this strategy Z Tech company can earn more profits from existing customer by
developing new product for existing market.
Advantage of product sales force structure
- Management control over selling effort allocated to products
- Salespeople become experts in product attributes and applications
Disadvantage of product sales force
- Duplicating the selling approaches
- Competition within the organization
- Territorial sales force structure
Territorial sales force structure define which sales persons are assigned to complete
geographic area and sells the organizations full line products and services to all customer in
that
12. 12
- Functional sales force structure
Z Tech can develop their organization structure based on the organizational function Such as,
- Software sales and marketing division
- Complain handling and technical support division
- Complex sales force structure
Complex sales force structure using different method to develop one structure. This is also
known as the highbred structure.
Advantage of Complex sales force structure
- Suitable for the big organization
Eg: Multinational, number of product, number of function, having huge
customer based
Disadvantage of Complex sales force structure
- High cost of maintaining employees and department
13. 13
All the above advantages and disadvantages I would like to recreate a new hybrid structure
for the Z Tech Information Company
1.3.1Salesforce Deployment
Sales Force deployment decisions can be viewed as providing answers to three interrelated
question.
1. How much selling effort is needed to cover account and prospect adequately so that
sales and profit objectives will be achieved?
2. How many salespeople are required to provide the desired amount of selling effort?
3. How should territories be designed to ensure proper coverage of accounts and to
provide each salesperson with a reasonable opportunity for success?
In this situation, as the consultant of Z Tech Company I have to do some duties. They are,
Understand the total sales effort in the market sales,
Eg: New prospect
New market
Expansion
Understand to achieve the extended sales requirement of sales force
Sales force size determination
Allocate sales staff to the respective territories based on the new territory plan
and design
14. 14
Sales Territory
Johnson (1994) defined as a sales territory as a configuration of current and potential
accounts for which responsibility has been assigned to a particular sales reprehensive.
As the consultant of Z Tech company, I have to propose the number of territories to cover the
market according to the given expansion strategy.
There are two different major methods in design the sales territories.
1. Market Build-up Method
-In this method, territories are developed by combining small geographical or
control units together.
2. Sales Breakdown method
- This method is used to divide the entire market into small sales territories
to give equal opportunity
1.3.2Interrelatedness of Sales force Deployment Decision
As the consultant of Z Tech Company, I have to explain following general method of
understanding the sales force requirement based on the total effort.
15. 15
As the consultant of Z Tech Company, I have tounderstand number of salesforce to manage
to total work load in 2019 by using different kind of approach.
They are,
1. Breakdown approach
2. Work load approach
3. Incremental Approach
- Breakdown approach
A relatively simple approach for calculating salesforce size, the breakdown approach assumes
that an accurate sales forecast is available. This forecast is then “broken down” to determine
the number of salespeople needed to generate the forecasted level of sales.
Sales force size = Forecasted sales/ Average sales per salesperson
- Work load approach
The first step in the workload approach is to be determining how much selling effort is
needed to cover the firm’s market adequately. Then the number of salespeople required to
provide this amount of selling effort is calculated.
16. 16
- Incremental Approach
The most rigorous approach for calculating salesforce size. Its basic concept is to compare
the marginal profit contribution with the marginal selling costs for each incremental
salesperson.
17. 17
As the consultant I would like to suggest this work load approach to the Z Tech Company.
Control unit 01 Control unit 02
Customer Call
frequency
per annum
No. of
Customer
No. of calls
per annum
No. of
customer
No. of calls
per annum
Extra Large 9 100 900 150 1350
Large 8 250 2000 300 2400
Medium 6 350 2100 450 2700
Small 5 500 2500 600 3000
No of sales calls per each control group = No. of Account in each unit × Call frequency
Workload = Sales person average sales call in a working day × No. of working days
Average sales calls = 4
No. of working days = 240 days
Average sales calls per annum = 240 × 4 =960
In Control unit 01,
Total sales calls per annum = 7500
No. of required sales person = 7500/ 960 = 8
In Control unit 02,
Total sales calls per annum =9450
No. of required sales person = 9450/ 960 = 10
18. 18
Work load approach based on 2019 predicted but average work load based on the present
figures of and individual.
Z Tech Company has 3 types of customers. Such as,
Large customer -200
Medium customer-400
Small customer-550
Total customers= 1150
Z Tech put the length of time per sales calls and required call frequency for each class of
customers as follows,
Large customer = 60 min with 52 calls/year= 52 hrs.
Medium customer = 30 min with 24 calls/year= 12 hrs.
Small customer = 15 min with 12 calls / years = 3 hrs.
Total work load can be calculate as follows,
52× 200 = 10,400
12×400 = 4,800
3×550 = 1,650
Total = 16,850
Z Tech Company decides 40 hrs. of work per week for 48 weeks,
So, Total number of available hrs. for the year = 40×48 = 1920 hrs.
Total number of sales person required,
= Total hrs. required/ Total hrs. Available
19. 19
= 16,850 / 1920
=8Needed 8 sales peoples
We can use Excel/ Mini tab / Sass/ saps to understand the break even and the loss situation Z-
Tech can sell mathematical software as a local agent.
20. 20
Task 02
In this task as the consultant of Z Tech Company I have to answered two question.
1. Need to be proposing the right performance evaluation method to Z Tech.
2. Need to be plan and develop a suitable compensation program for motivating the staff
of Z Tech.
2.1 Employee Performance Appraisal
Dessler (2007) defined performance evaluating as the process of evaluating the current or
past performances of employees relative to their performance stander.
2.1.1 Objective of performance Appraisal
1. To identify gap areas of sales
- People that act as bottlenecks
2. To diagnose problems that salespeople face in their assigned tasks
- Negative attitudes
- Skills
- Lack of motivation
3. To guide sales people how to overcome barriers
- Training
- Compensation
- Job rotation
4. To generate information to develop future plans
- Compensation
- Motivation
- Training plan
5. To suggest suitable remedies to generate future expected outcomes
6. To change recruitment and selection policies.
- Select the minimum qualification of the employees
7. To moderate compensation policies
8. To improve efficiency and effectiveness of the organization
E.g.: Number of customers
2.1.2 Criteria for performance Evaluation
21. 21
1. Systematic (Right method)
2. Formal (Organization and management accepted)
3. Result Oriented (KPI in achieving the organizational goals qualitative or quantitive)
4. Direction (according to the performance enhancement)
5. Understand to employee.
6. Vision for improvement.
7. Realistic
8. Periodic
9. Flexible (time to time changing its parameter according to the environment factor)
10. Encouraging (Constructive)
11. Strategic fitness
12. Fair (Everybody takes equal opportunities)
13. Accuracy (Right method, technic, pre tested)
2.1.3 Steps in Performance appraisal
22. 22
Set the sales goals and objectives
Z Tech Company’s objective is achieving the expected market share from 12%- 30%
increasing by 6%.
Design implementation mechanism
Z Tech Company should identify the new market and its potentials in achieving projected
sales goals and maintaining good relationship with customers.
Establish performance standards
Z Tech has to be achieve number of new markets with in a periods of time
E.g.: No. of prospect
Sales calls vs. productivity sales calls
Monthly volume and value target
Employee carrier development performance
Measure actual result
In this step Z Tech has to evaluating the performance based on the above through existing
and expected.
Compare result against standards
The comparison tells the deviations in the performance of the employee from the standards
set.
Take controlling measures
The last step of the process is to take the decisions to improve the performance of the
employees. Z tech can do many activities like training, policy development, and termination
etc.
2.1.4 Establishing performance stander
Performance standards are planned achievement levels that sales organization expects to
reach at progressive interval through the year.
23. 23
There are two types of performance standers
1. Quantitative performance stander
2. Qualitative performance stander
Quantitative performance stander
1. Sales volume.
- How much for what period
2. Profits.
- Net profit/ Total sale
3. Sales orders.
- Total sales / Number of order
4. Accounts.
- Total expense
5. Selling expense ratio.
-Selling expense /Total sales
6. Number of calls per day.
7. Cost per call.
8. Market share analysis.
- Company sales as a percentage of industry sales in territory
Qualitative performance stander
1. Knowledge.
2. Individual skills.
- High skill/ low skill / moderate
3. Personal and personality factor.
24. 24
-Very loyal/ energetic/ strivers / lazy / productive
2.1.5 Performance Appraisal Methods
The number of different performance appraisal methods is available for evaluating the
performance of the employees. Using this method sales manager can measuring the
behaviors, professional development, results and profitability of salespeople.
There are two type of performance appraisal method
1. Traditional Methods
- Traditional methods are relatively older methods of performance appraisals. This
method is based on studying the personal qualities of the employee. It may include
knowledge, initiative, loyalty, leadership and judgment.
2. Modern Methods
- Modern methods were devised to improve the traditional method. That method is
totally covering the employee performance. Such as, attitudes, behavior,
characteristics, personality. It is very comprehensive and need time to complete.
25. 25
As the consultant of Z Tech Company I would like to suggest 360 Degree Feedback method
to Z Tech Company for evaluating their sales staff performance.
360 Degree Feedback Method
360 degree feedback is an appraisal process used to improve managerial effectiveness by
providing the manager with a more complete assessment of the employee’s effectiveness, his
performance and development needs.
Using this method basically can evaluate through multiple party such as, Sales manager,
internal and external customers and team members.
Participant in 360 Degree Feedback as follows,
26. 26
Positive features of 360 degree appraisal
1. Multiple perspective of person’s performance
2. Rating can evaluate person based on actual contact and observation
3. Feedback is provided from multiple direction (above, below and peer )
4. Learning about weakness and strengths in motivation
Negative features of 360 degree appraisal
1. Feedback from all sources can be overwhelming
2. Conflicting rating can be confusing and frustrating
3. Not typically found in organizations
I would like to suggest compensation scheme to motivate employees in Z Tech Information
Company.
There are two types of compensations.
1. Non compensation Rewards
2. Compensation Rewards
Following motivation process is helpful to motivate employees
Compensation Rewards:
Those given in return for acceptable performance or effort. They can
include nonfinancial compensation.
Non-Compensation Rewards:
Those beneficial factors related to the work situation and well-being of each
salesperson.
27. 27
Sales people who are motivated has to have
1. Self organizer
2. Self discipline
3. Self planner
Optimal sales force reward system
1. Provides an acceptable ratio of costs and sales force output in volume, profit, or other
objectives
2. Encourages specific activities consistent with the firm's overall, marketing, and sales
force objectives and strategies
3. Attracts and retains competent salespeople, thereby enhancing long-term customer
relationships
4. Allows the kind of adjustments that facilitate administration of the reward system.
28. 28
Steps in Developing Compensation Plans
the In managing the compensation plan, Z Tech Information company management has to go
through the following steps.
1. Review job description
Should go through the employee’s job list and identify their job climate
E.g.:
geographical differences
office based
job responsibilities
2. Establish Compensation objectives
To motivate the employees in reaching the organizational set objectives.
Increase the market coverage
Achieving new prospects to increase the profit shares
3. According to the incremental share, company has to redesign the payments structure
4. Choose the compensation method
Salary plus incentives
Salary plus bonus
29. 29
5. Decide on indirect compensation
Non financial rewards such as
Promotions
Job recognition
Other social indirect factors
6. Review the entire plan
The management of the organization has to review the designed plan and need to understand
its motivational aspects according to the requirement of strategic direction.
Additional claims for covering the employees
Telephone bills
Additional barter
7. Implement the plan
As the consult, I would like to suggest the non compensation and compensation methods in
reward system.
Non compensation Compensation
Salary
Vehicle rental charges
Telephone bills
Night out payments
Meal barter
Performance based payments
Incentives for target achieve
Commission on target
Bonus
Recognition/ acceptance
Promotions
Responsibilities
30. 30
Advantages of Straight Salary in rewards
• Advantages
• Sense of security.
• Stability of income.
• Resists high turnover of sales people.
• Simple to understand.
• Disadvantages of Straight salary
• Selling expenses not related to sales volume.
Equal treatment to high and low performing employees
Advantages and disadvantages of straight commission
• Advantages
• Great motivator.
• Differentiates high and low performers.
• Provides unlimited opportunity to earn.
• Selling costs related to sales volumes.
• Disadvantages
• Loss of control.
• Salespeople focus on easy selling items.
• No/little attention to after-sales service
I would like to suggest a new reward scheme for Z Tech Information Company using
advantages
31. 31
Upper management
Salary plus bonus
Special medical benefits
Paid vacations
other customer entertainment
repayment
Middle management Salary
Bonus
Commission
Promotion
Junior management
. Salary plus bonus
Incentives
Night out claims
Petrol
Meal barter
Telephone bills
other administration bill repayment
32. 32
Task 03
I would like to suggest best qualities of a sales manager and sales representatives should
have.
Qualities of a sales manager are as follows
• Clear understanding
• Self respect
• Educational and technical qualification.
• Interpersonal skills
• Communication
• Team Management
• Empathy and adaptability
• Ability to lead
• Physical strength
• Stamina
• Mental energy
• Passion
• Initiative
• Emotional Intelligence
• Tact
Quality of sales manager should have Develop and believe in sales people to help them to
achieve their sales goals. Focus on the company’s clients and its world.
Work with all sales people to bring out the best in them.
Sales manager has to be accountable and take responsibilities for the team’s mistakes
33. 33
Allow the sales persons to have that role without understating. Should have the coaching and
attitudes to lead the sales team.
Qualities of sales representatives
Pleasant personality
Likes dealing with people
Has the right and positive attitudes
Communication skills
Honesty
Flexibility
Technical competency
All the above qualities should have to have in a sales person. Need to be very loyal and
friendly to the customers. They have to be loyal to their managers and organization as well.
When selling the products to customers they should have to have good knowledge about the
product there are selling also they have to listen to the customers question and should give
solutions for their issues. These are the good and best qualities of a sales people.
34. 34
Conclusion
The process of hiring begins with human resources planning which helps to determine the
number and type of people on organization needs. Job analysis and job design enables to
specify the task and duties of hobs and qualification expected from prospective job analysis.
In order to attract people for the jobs, the organization must communicate the position in such
a way that job seekers respond. To be cost effective the recruitment process should attract.