1.1 Regional Sales Organisational Chart For Shiderlots Inc. Reporting To Columbus Ohio
1.1 Regional Sales Organisational Chart For Shiderlots Inc. Reporting To Columbus Ohio
1.1 Regional Sales Organisational Chart For Shiderlots Inc. Reporting To Columbus Ohio
reporting to
Columbus Ohio.
1.2
2.1
The seven account managers spend most of their time on followups on existing
customers and gaining new accounts
b) What is their time spent on (what they are selling, or what they are
specialising in selling)?
c) Describe what the outcomes are due to the fact that the seven territories
have been carefully designed – and are continually being revised.
This will enable Shiderlots to achiev its companies sales objectives of increasing
revenue from 10 billions onwards .It will enable Shederlots to reduce its selling
costs since each account manager will focus on his or her sales
territory.Perfemance evaluation will be easy amongst the seven account manager
,Dark will be able to identify who has performed and who has not performanced
through each sales territory sales gained.The continual revision of sales
territories by Dark will ensure wide and effective market coverage of Columbus,
Ohio.
2.3 a) Briefly describe how product staff specialisation and market specialisation
would be designed at Shiderlots, specifically considering how the account
managers and the KAM would work together in this type of specialisation.
3.1 Using the information provided by the Shiderlots case study, discuss the
four (4) elements of the remuneration package of the account managers in detail.
Fixed element
Each Account manager at Shiderlots receives a fixed salary of $50000 every
month ,this fixed element it provides the Account Managers with stability and
security
Variable element – This element changes and is linked to the effectiveness of the
account managers, Each Account manager receives a commission of 3
percent on all sales in his or her territory and end of year bonuses . This means the
performance levels of the account Managers impact directly on income .It is used to
motivate Account Managers by Shiderlots
.
Fridge benefits salaries or commission, for example a company car, retirement
benefits, medical aid, additional leave, laptops, cell phones.
3.2 a)
In order to account managers not to leave Shiderlots I suggest the use of combined
plans,which will be tailer made to meet the need of account managers
Salary plus commission and bonus - I will suggest an up ward review of their salary
and a 5% commission on every elevator solds and on every 100 units of evalators
sold they must receive a bonus.I also just the regional sales manager to do sales
contests and awarding high performers .Each account manager must be given a
motor vehicle plus fuel .
3.2b) Non financial rewards could lower labour turnover at Shiderlots and attract
other competent employees .Motivate Account manager the more,so some people
money is not the only motivator.Account manager will go an extra mile in making the
Shiderlots achieves its set objects
3.2c
Provide him with examples of four (4) types of non-financial reward offering
plans for his account managers and explain to him the reasons why you are
suggesting each of these plans.
Job security
Regional sales manager must account manager with job security,account manager
know they will be able to provide for their families .The Regional sales manager must
keep them informed about the financial wellbeing of shiderlots that is it had $10
billion of revenue ,it will bring confidence and a sense of job security.
Promotion
Account manager value promotion for example account manager must be promoted
to become key account manager or becoming regional manager as this will motivate
and stimulate performance of the account managers once they reliase that they can
be promoted if they work extra hard .
Sense of accomplishment
A key determinant giving account managers a sense of accomplishment is
informing
them that they are performing well in their work for eg if account manager have
struck a deal with a major customer. Regional sales managers must compliment
account managers on their efforts on a regular basis.
QUESTION 4
Consultative leadership
Mr Dark must seek input from Johnson before making decisions on him as this will
empower and motivate him .Mr Dark must value the input and opinions from Johson
but at the end Mr dark must make the finalise decision since Johson is not that
experienced to make decisions .
4.2
a) Assess Phil Johnson’s sales training needs.
Johnson will require training in the following areas
Product knowledge about new escalators and elevators
The Ten step selling process
Shiderlots sales objectives
Routing and time management
Type of customers of Shiderlots whether B2B or B2C
Tele marketing
In order to assess the training needs Mr dark must ask Key account managers and
account managers to identify training needs for Johnson and going to the field with
Johnson to identify which areas he require training .