Sales Force Management

gugaaranha
Chapter8MKTG341.ppt

McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.

Mark W. Johnston | Greg W. Marshall

Implementation of the Sales Program

Part 2

*

8

Personal Characteristics and Sales Aptitude: Criteria for Selecting Salespeople

*

8-*

War for Talent

  • Employee turnover cost calculator
  • Total cost of turnover
  • Separation costs
  • Replacement costs
  • Training costs
  • Select candidates with natural capacity for key job requirements

Source: HR Chally Group (2009).

*

8-*

  • "Are good salespeople born or made?"
  • Define characteristics of successful salespeople
  • Explain sales aptitude in sales performance
  • Understand different success characteristics for sales positions

*

8-*

Salespeople Born or Made?

  • Training and development critical determinants of future success.
  • A strong ego, self-confidence, decisiveness, and a need for achievement must also be extant in sales force candidates.

*

8-*

8.1a

Variables that cause differences in performance across individual salespeople and the actions

management can take to influence them

8-*

*

8-*

8.1b

Variables that cause differences in performance across individual salespeople and the actions management can take to influence them

8-*

*

8-*

Variables That Cause Differences in Performance

  • Factors controlled or influenced by sales mangers account for the largest variance in sales performance.
  • Role perception
  • Skills
  • Motivation
  • Research suggests successful salespeople are both born and made.

*

8-*

Costs of Inappropriate Selection Standards

  • Odds a salesperson will quit or be terminated in first five years of employment = 50/50
  • People lacking necessary personal traits/abilities tend to leave before training and experience can make them productive sales performers
  • Many firms may spend between $7000 and $100,000 annually training a new recruit
  • Three to twelve months before a new rep generates adequate sales to cover compensation and expenses

*

8-*

Characteristics Managers Seek

  • Enthusiasm
  • Organizational skills
  • Ambition
  • Persuasiveness
  • Communication skills
  • General sales experience

*

8-*

8.1 German-American Cross Cultural Business Differences

German American
Deference for authority High Lower
Leadership style Formal Casual
Respect for titles Important Less important
Relationships Formal Casual
Mix work and play No Yes
Dress Formal Casual
Multilingual Yes Not always

*

8-*

8.2a

Summary of the effect of variables on salesperson performance

*Inappropriate or illegal in selecting a job candidate.

*

8-*

8.2b

Summary of the effect of variables on salesperson performance

*Inappropriate or illegal in selecting a job candidate.

*

8-*

8.2c

Summary of the effect of variables on salesperson performance

*Inappropriate or illegal in selecting a job candidate.

*

8-*

8.2d

Summary of the effect of variables on salesperson performance

*Inappropriate or illegal in selecting a job candidate.

*

8-*

Source: Erin Strout, “Tough Sell,” Sales & Marketing Management, July 2001, p. 52 and Laine Chroust Ehmann “Great Opportunities: How the Future Looks for Women in Sales and Management, SellingPower .com, October 2007.

8.3

Compensation levels of men and women in sales and marketing careers

8-*

*

8-*

8.4

The aging sales force

Source: Katherine Kaplan, “Better with Age,” Sales & Marketing Management, July 2001, pp. 58–62.

8-*

*

8-*

8.2 The Importance of Image

  • People are visual
  • Better to be slightly overdressed
  • Salespeople with an unkempt look have more difficulty making sales
  • More professional dress = improved self-confidence

*

8-*

8.3 The Educated Sales Force

  • Nearly 2/3 of salespeople have a college degree
  • College education demonstrated knowledge, motivation, professionalism
  • Life experiences provide context for people dealing with customers

*

8-*

Source: Source: Sales & Marketing Management, February 2001, p. 90.

8.5

The characteristics of salespeople who win customer trust

*

8-*

8.6

Characteristics related to sales performance in different types of sales jobs

*

8-*

Implications for Management

8-*

Begin

recruiting

and selection

Develop

new recruit specifications

Evaluate characteristics

to perform tasks and activities

Analyze/describe tasks and activities

*

McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.

Mark W. Johnston | Greg W. Marshall

*

< 5%

Nonsales work experience

< 5%

Sales experience

< 5%

Educational content

< 5%

Level of educational attainment

Almost 21%

Personal history and family background*

Background and experience

developmental education and work experience

< 5%

Physical appearance

< 5%

Gender*

< 5%

Age*

Demographic and physical characteristics

physical traits

Percentage of Variance in

Performance Explained

Variable

< 5%

Nonsales work experience

< 5%

Sales experience

< 5%

Educational content

< 5%

Level of educational attainment

Almost 21%

Personal history and family background*

Background and experience

developmental education and work experience

< 5%

Physical appearance

< 5%

Gender*

< 5%

Age*

Demographic and physical characteristics

physical traits

Percentage of Variance in

Performance Explained

Variable

< 5%

Math ability

< 5%

Sales aptitude

< 5%

Verbal intelligence

Almost 7%

Cognitive ability

< 5%

Intelligence

Aptitude

enduring personal characteristics that determine an individual

s overall

ability to perform a sales job

< 5%

Activities/lifestyle*

Approximately 6%

Financial status

Almost 12%

Marital/family status*

Current status and lifestyle

present marital, family, and financial status

Percentage of Variance in

Performance Explained

Variable

< 5%

Math ability

< 5%

Sales aptitude

< 5%

Verbal intelligence

Almost 7%

Cognitive ability

< 5%

Intelligence

Aptitude

enduring personal characteristics that determine an individual

s overall

ability to perform a sales job

< 5%

Activities/lifestyle*

Approximately 6%

Financial status

Almost 12%

Marital/family status*

Current status and lifestyle

present marital, family, and financial status

Percentage of Variance in

Performance Explained

Variable

<5%

Creativity/flexibility

< 5%

Need for power/extrinsic reward

<5%

Need for achievement/intrinsic reward

< 5%

Self

-

esteem

< 5%

Sociability

<5%

Dominance

<5%

Responsibility

Personality

enduring personal traits that reflect an individual

s consistent

reactions to situations encountered in the environment

Percentage of Variance in

Performance Explained

Variable

<5%

Creativity/flexibility

< 5%

Need for power/extrinsic reward

<5%

Need for achievement/intrinsic reward

< 5%

Self

-

esteem

< 5%

Sociability

<5%

Dominance

<5%

Responsibility

Personality

enduring personal traits that reflect an individual

s consistent

reactions to situations encountered in the environment

Percentage of Variance in

Performance Explained

Variable

<5%

Vocational esteem

A little over 9%

General management

< 5%

Interpersonal

Almost 5%

Sales presentation

Almost 9.5%

Vocational skills

Skills

learned proficiencies and attitudes necessary for effective perf

ormance of

specific job tasks (these can change with training and experienc

e)

Percentage of Variance in

Performance Explained

Variable

<5%

Vocational esteem

A little over 9%

General management

< 5%

Interpersonal

Almost 5%

Sales presentation

Almost 9.5%

Vocational skills

Skills

learned proficiencies and attitudes necessary for effective perf

ormance of

specific job tasks (these can change with training and experienc

e)

Percentage of Variance in

Performance Explained

Variable