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McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved.
War for Talent
8-3
Costs of Inappropriate Selection
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
8-4
Salespeople Born or Made?
8-5
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!
8-6
Characteristics Managers Seek
Enthusiasm
Organizational skills
Ambition
Persuasiveness
Communication skills
General sales experience
8-7
8.1 German-American Cross
Cultural Business Differences
German American
Source: “Seven German–American Cross Cultural Business Differences,” SellingPower.com, October 2007. 8-8
8.3 The Educated Sales Force
Percent with College Degree by Industry
Health service 100 Electronic components 67
Pharmaceuticals 100 Communications 56
Air transportation 100 Banking 46
Printing/Publishing 84 Construction 40
Rubber/Plastics 83 Trucking/Warehousing 33
Manufacturing 78 Real estate 33
Electronics 77 Retail 29
Chemicals 73 Transportation equipment 28
Business services 72
Source: Christen P. Heide, Dartnell’s 30th Sales Force Compensation Survey (Chicago: The Dartnell Corporation, 1999), p. 173. 8-9
8.3
Women in sales and
sales management
positions:
percentages by
industry
Source: Christen P. Heide, Dartnell’s 30th Sales Force Compensation Survey (Chicago: Dartnell Corporation, 1999), p. 171. 8-10
Compensation levels of men and women in sales and
marketing careers
8.4
Source: Erin Strout, “Tough Sell,” Sales & Marketing Management, July 2001, p. 52 and Laine Chroust Ehmann “Great 8-11
Opportunities: How the Future Looks for Women in Sales and Management, SellingPower.com, October 2007.
The aging sales force
8.5
Source: Katherine Kaplan, “Better with Age,” Sales & Marketing Management, July 2001, pp. 58–62. 8-12
8.2a The Importance of Image
Source: Source: Sales & Marketing Management, February 2001, p. 90. 8-15
Characteristics related to sales performance in different types of
8.7 sales jobs
8-16
Implications for Management
Begin
recruiting
and selection
Develop
new recruit specifications
Evaluate characteristics
to perform tasks and activities
8-17