Beruflich Dokumente
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Assignment
Ipsos is a global market research company with worldwide headquarters in Paris,
France. The company was founded in 1975 and has been publicly traded on the Paris
Stock Exchange since 1 July 1999. The Qatar operation which is the only Middle East
office began in 2010 where the company primarily targeted the advertising agencies to
sell its products. Its products which are mainly software systems that enabled
Advertising agencies to segment and target consumer clusters based on their behavior
patterns in terms of their media (TV, Radio, print, outdoor), shopping, entertainment and
buying habits so that the advertising agencies can plan their clients advertising
campaigns accordingly.
While the company continues to increase its product portfolio the management is
cautious about the productivity levels of its sales personal and the overall sales
department performance. In 2013 Ipsos-Qatar began a transformation of the
companys business approach by incorporating accountability measures into their sales
department. The management introduced Customer-Relationship Management (CRM)
approach that tracks activities and results. It improved communication processes among
management, clarified expectations, and kept the focus on priorities. Key performance
areas (KRAs) were introduced to the sales team which enables to management to
evaluate and track each of the sales persons performance. These new strategies have
seen a positive impact in terms of its growth in sales, customer satisfaction levels and
the sales teams productivity & performance levels in the last quarter for 2013. Further,
these have also helped the management to identify training gaps and motivation
strategies.
In February 2014, Qatar will host one of the famous Media exhibition and Trade Fair. It
is expected to draw a large number of industry players from across the region. IPSOS
management is very keen to participate in this exhibition with the objective of looking at
expanding its Middle East market coverage.
Task 1: Explore the role of personal selling within the overall
marketing strategy.
1.1
Grading
(P/M/D)
Assessment
Type
P 1.1
Assignment
M 1.1
P 1.2
M 2.1
Assignment
D 3.1
P 1.3
1.3
Assignment
Analyse the roles of sales team of Ipsos.
M 1.3
Grading
(P/M/D)
Assessment
Type
practiced at Ipsos.
P 2.1
Assignment
M3.1
2.
2
3.2
3.3
Class room
D1.1
Assignment
Grading
Assessment
Type
3.1
P 2.2
corporate objectives.
(P/M/D)
P3.1
M2.1
Assignment
P 3.2
M2.2
Assignment
P3.3
Assignment
3.4
3.5
P3.4
D3.5
P3.5
D3.1
Assignment
Grading
Assessment
Type
(P/M/D)
When a company operates in international locations, sales
4.1
Assignment
P4.2
M1.3
Assignment
M1.1
Assignment
D2.1
Task 1:
1.1
Discuss how personal selling can support the promotion of ipsos products.
4
Personal Selling is the method by which businesses use their employees (e.g. Sales team)
to sell their products by meeting face to face with their customers.
n.a.. (n.a.). personal selling. Available:
http://www.businessdictionary.com/definition/personal-selling.html. Last accessed 15th
Feb 2014.
Companies adopt personal selling methods because it brings more value to both the parties
and it builds a mutual understanding between the parties. The prime objective of personal
selling is not only selling the product to the customer. Personal selling can be used to
provide information and updates to the customers.
If Ipsos follows the following six stages of personal selling it will help the company to
promote their products to the customers effectively.
1. Prospecting
2. Pre-approach
3. Approach
4. Presentation
5. Close
6. Follow up
1. Prospecting
Prospecting is the first step in personal selling. At this stage the company identifies the
potential clients and targets them methodically. Ipsos being a global marketing research
company and since the office which is based in Qatar are mainly focusing on the advertising
agencies to promote their software products; they need to target the advertising agencies
methodically. They initially need to list down the main advertising agencies in the State of
Qatar and identify the methods they use to advertise. They need to identify the strength of
the advertising agencies based on the clients they are dealing.
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2. Pre-approach
This is the stage where companies gather useful information about the company they are
planning to approach. Pre-approach is done for new clients and the present customers to
identify the changes that are taking place in their company. This will help Ipsos to identify the
method by which they have to approach the company and identify the software systems that
will help the advertising agency to bring more value to their customers. The more information
Ipsos gathers about the advertising agency, helps them understand the advertising agency
better and approach them in an effective manner.
3. Approach
The approach is the first meeting that is being conducted with the customer. At this stage the
sales person of Ipsos has to ensure to groom himself, as the physical appearance is highly
important. The sales person has to gain confidence with the client and focus on the benefits
the customer would gain by dealing with Ipsos. With the information Ipsos gathered from the
pre-approach will help the salesperson show previous statistics and display a future
projection if they deal with Ipsos products. The sales person will be able to display the
benefits the advertising agency would gain from the software products Ipsos has, this will be
an effective approach. After the first meeting he has to ensure that he meets the timelines as
efficiency will be the added advantage after a first meeting to gain confidence from the
customer.
Presentation
At this stage when the customers attention has been gained the presentation has to be
delivered. During the presentation the sales person should be persuasive and provide
options to convince the client. Instead of having a canned selling presentation the sales
person should try to create a relaxed atmosphere by small talk but keeping in mind the
purpose of the presentation is business. Simultaneously the salesperson should pay
attention to the customer when they are talking and suggest options methodically.
If there are instances that the client objects, it is a clear indication that the client is paying
attention and the client is showing interest. This helps the sales person to identify the
approach of the customer.
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Close
This is the point where the sales person will be able to identify if the client is really interested
in purchasing the product. It is a confirmation of the understanding.
Follow up
The follow up can be made by forwarding the minutes of the meeting that was held. This will
enable both parties to document the points that were discussed and improve the mutual
understanding of the parties.
Considering the stages that are followed in personal selling it will be highly beneficial for a
company such as Ipsos to promote their product by following personal selling methods.
1.2 As an advertising agency what buyer behaviour process would you go through if you are
approached by a personal seller trying to sell you ipsos product/s.
Need recognition&
problem awareness
Information search
Evaluation of
alternatives
Purchase
Post-purchase
evaluation
Graph 1.1
2. Information search
The advertising agency can obtain more information about Ipsos as they have a website
which gives information about the company. The company can request for more information
on the previous products they have introduced to the market and identify the effectiveness of
the information that was provided by the Ipsos software systems.
3. Evaluation of alternatives
This step helps the advertising agency to compare similar products available in the market.
They can either compare the product in terms of cost or in terms of the effectiveness of their
product where the company will be able to gain more exposure by reaching more customers
in advertising.
4. Purchase
When the advertising agency has identified the value of the product, they make the decision
in purchasing their product.
These are the steps an advertising agency would follow as a buyer, before purchasing Ipsos
products. As the advertising agency needs clearly understand and evaluate the product
before investing.
Present accounts
For the existing accounts the sales team should visit them frequently, depending on their
requirement and try to maximize the usage of their Ipsos products & create awareness. The
sales team could either provide an incentive if the advertising agency continuously uses the
Ipsos products and increase the number of products that they will be using. The sales team
should continuously corporate with the existing customers to identify there are any
modifications necessary to make the product user friendly with the feedback they receive
from the clients.
10
Conclusion
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2.1 Discuss the process of personal selling that would be practiced at Ipsos.
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It is very important when a company focuses on personal selling to identify the customers
needs and adjust the product if possible to fulfill the customer's requirement. This will
provoke the customer to purchase the product as it fills the gaps that is needed for the
customer.
Rajendra K. Srivastava, Mark I Alpert & Allen D Shoker. (1984). A customer
oriented approach for determining market structures. Journal of marketing. 48
(1), 32 - 45.
When the Ipsos sales team approaches the customer they can identify the customers
requirements. Since its a software system which is being promoted, they will have the ability
to make the necessary adjustment to provide a better solution. Some of the software
systems used by Ipsos are custom made and the product is technically complex, therefore
personal selling will be beneficial for Ipsos to promote the products. Since Ipsos is focusing
on a concentrated group of customers, the approach will be even more beneficial and
effective.
2. Pre-approach
During the pre-approach stage, the sales team needs to gather information regarding the
advertising agency. The clients they are dealing with and the recent advertising they have
done for their clients. Moreover they need identify if the advertising that was done has been
effective and if the Ipsos software systems has the ability to add more value to the
advertising.
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4. Presentation
At this stage the sales person should provide options to the customer so that they will be
able to identify the benefits of the product and be interested to purchase the products. The
sales person should be able to identify the customers needs and provide solutions so that
the customer will be able to identify that there is a benefit to the company and at the same
time it will add more value to the advertising they are doing at the present moment.
5. Close
After introducing the product, the sales person should be at a stage where the customer is
convinced to purchase the products.
6. Follow up
At this stage the salesperson should address the installation of the systems so that the
company will be able to use the products & provide assistance in an efficient manner to use
the product.
These are the personal selling steps that will be practiced by Ipsos to promote their product
in the Qatar market.
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Conclusion
A personal selling approach is essential for a product such as Ipsos since its a custom made
product. With a personal selling approach the customer will be confident to use the product
and take the maximum advantage of the product.
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3.1 Explain how sales strategies are developed in line with corporate objectives.
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Sales strategies are developed by companies to sell the companys product or services
systematically to the customer who would benefit from the product. When a company follows
a sales strategy it will help the company to identify the potential clients and target the clients
to promote the product.
n.a..
(n.a.).
Develop
Sales
strategy.
Available:
The companies need to identify the strength of the sales team by identifying the sales
performance of each individual. The company could setup a method by which they will be
able to identify the total sales volume and the revenue that was generated from the volume
of sales done by each individual sales person. Based on the customers review the company
can identify if the customer is satisfied with the relationship that has been built between the
sales person and the customer. From the customers review they will be able to identify if the
sales person is reporting on time to the customer efficiently.
To maintain the companies cost, the company could set up a sales budgets based on the
previous years expenses and ensure that the sales person would cover the cost within the
allocated budged. This will set up the parameters to the sales person so that the cost will be
controlled.
By following these sales strategies the company will be able to achieve their corporate
objective.
18
Ipsos is continuously looking at methods of expanding and increasing the productivity levels
of the sales team. To increase the productivity levels, the company should recruit the best
sales staff to their company. They need to look for sales staffs that are keen in growing with
the company.
Initially Ipsos should advertise in the papers or through websites regarding the available job
position. When the sales manager of Ipsos receives the CVs from potential candidates, an
initial screening should take place. At this point the sales manger should be able to identify if
the short listed candidates have previous experience in a sales background or if the
candidates have reached a certain accepted level of education. The ability of conversing in
Arabic and Hindi would be considered as an added advantage considering the population in
the state of Qatar. The characteristics of the sales person should be identified, if the sales
person has not been successful in the previous job position. The sales manager could
contact the referees and conduct a background check of the shortlisted candidates to
identify if the information stated in the CV is correct and obtain more information from the
referees.
When the initial interview is held it is very important to select the first screening by identifying
if the candidate is well groomed and if the candidate is confident at the interview. The first
impression is always important for a sales executive at Ipsos since the company mainly
promotes their products through personal selling methods. During the interview process it
would be beneficial for the sales manager to conduct an unstructured interview which will
enable the sales manager to identify if the candidate is comfortable in free discussions as
they would prefer not to have a caned selling approach by the sales person. After the first
screening is completed the manager of Ipsos can either send a formal rejection letter or
provide a letter for a second interview for the shortlisted candidates.
During the second interview either the interviewer who would be the sales manager could
request another sales person in the company to accompany and visit a known agent and
identify the personal selling skills of the candidate.
19
20
Motivation is defined as the internal and external factors that stimulate desire and energy in
people to be continually interested and committed to a job, role or subject, or to make an
effort to attain a goal.
n.a..
(n.a.).
motivation.
Available:
http://www.businessdictionary.com/definition/motivation.html.
Last
accessed
Need
for
self
actu
alizat
ion
Esteem need
Belongingness need
Physiological needs
Abraham Maslow during his research wanted to understand what motivates people. He
indentified that people needed to be motivated to achieve certain needs. He categorized the
needs based on the hierarchy of needs which he identified. Once the lower level of the
needs has been satisfied human beings progress onto the next level until they reach the
highest level of self actualization.
Saul
McLeod.
(2007).
Maslow's
Hierarchy
of
needs
Available:
By understanding the human nature of fulfilling the needs, companies do follow similar
methods as they need to motivate their staff to achieve better results. The sales staff has to
be motivated so that the company will be able to reach the target in terms of sales.
Motivation can influence the sales person to be more enthusiastic to present the product or
service to the customer. This will be beneficial to gain the confidence of the customer.
Sales people can be motivated in many ways to gain better results. The sales managers of
the company could suggest slab commissions where the sales person would achieve certain
targets and based on the volume the sales person had reached a commission can be given
along with the salary. Moreover considering the number of new accounts that has been
activated, either a bonus could be provided to the sales person to improve the productivity.
Ipsos adopts a similar method to motivate their sales persons. They have introduced Key
performance areas where the management will be able to evaluate the progress of the sales
person and evaluate the performance of each sales person. This has helped the company to
even implement training areas where training is essential for any company so that the sales
person will be more confident as the product knowledge will increase.
When the company adopts these methods the sales person will be motivated to look for
more clients and promote the product aggressively to achieve the targets and obtain the
benefits the company has to offer for the contribution done for the company.
22
Organizations follow a structure as they will be able to have a systematic process which will
be efficient and where the company can make use of the resources effectively. When a
company has an effective organizational structure the employees will be motivated to work
effectively for the betterment of the organization.
The management of Ipsos continuously looks at methods by which they could provide a
better service to the customers by customizing their software systems to obtain better results
for the customers. Therefore they have introduced Customer relationship management
(CRM) approach which will enable them to fulfill the needs of the customer.
Sales Manager
Field Sales
Manager,
Customers in
industry A
Field sales
manager,
customers in
industry B
Field sales
manager,
Customers in
industry C
Salespeople,
seving
customer in
industry A
Salespeople,
serving
customers in
Industry B
Sales people,
serving
customers in
industry C
Graph 3.1
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In a customer specialized sales approach it helps to understand the customer better and the
sales person will be able to identify the customer needs and provide a better product to fulfill
the needs of the customer. Since the Ipsos product can be provided to different industries
the sales person can be assigned to each industry which will even enable the expansion of
Ipsos in the state of Qatar.
n.a..
(n.a.).
marketing
and
sales
management.
Available:
24
Companies use databases to centralize storage of their information and make it convenient
to obtain information and cross reference information about their business and customers.
Benny
Taylor.
(n.a).
why
do
companies
use
databases.
Available:
http://www.ehow.co.uk/facts_6886674_do-companies-use-databases_.html.
Last
The data base gives a clear picture and helps the sales team to approach the present
customers methodically. Even if there is a drop in the sales they will be able to identify
through the sales figures of the previous years and approach the clients to identify the
reason for the drop in sales.
With the historical data that is available in the database, the sales person can forecast the
future and if there is a pattern of the items that has been purchased the sales person could
look at methods of upgrading the product so that it would be useful for the client.
With the use of a database system the sales person will be able to analyze the information
and bring more value to the customers.
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Conclusion
When a company has an effective sales management, they will be able to motivate their
sales team to obtain better results for the company. The sales management can identify
areas where the sales team needs more training which will benefit the sales person to gain
more product knowledge.
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Task 4:
service.
Introduction
When a company is promoting a product or service they need to identify the target market
they are planning to promote the product. Once they have identified the target market they
have to try different methods by which they could gain the maximum exposure to attract the
customers to purchase the products or the service.
4.1 When a company operates in international locations, sales personnel needs to follow a
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When a company operates in international locations the company will mainly look at the
potential in the market they are planning to promote the product. If the product will be
accepted by the customers and if there will be potential customers who would purchase the
product. Moreover the company needs to identify the culture of the country; if there will not
be any cultural issues in introducing the product to the new market.
Ipsos is a company that has branches in many countries. Based on the products they have,
the company has identified that there will be potential in promoting their products in the
Qatar market by mainly focusing on the advertising agencies. Therefore the company is
promoting their products to the advertising agencies to identify and cluster the consumers.
The advertising agencies benefit from these products as they gain more exposure when they
are advertising to their clients.
With the implementation in operating in international countries the sales person plays a key
role in this process. The sales person should have good interpersonal skills. The sales
person should be able to adopt and understand the culture of the country the sales person
will be promoting the product. It gives a clear indication to the customer that the sales person
is respecting the client. Learning the local language would be an added advantage to deal
with the customers, the customer might be comfortable to communicate in the local
language. The sales person should know the exact product the advertising agents would be
interested in purchasing. Since the company has other offices internationally located the
sales person could use the international offices as an added advantage to gain recognition
and to gain the trust of the customer that its a credible company. Moreover with the
overseas offices possibilities are that certain software systems might be available which will
be beneficial for the local market. When the sales person is dealing in international locations
the sales person should be able to have access to the decision makers of the company,
which will enable the sales person to be efficient in closing the sale.
With the mother company of Ipsos being publicly traded in the Paris stock exchange it would
give more confidence to the customer regarding the credibility of the company as they could
monitor the overall growth of the company.
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These are the points a sales person would be able to promote to a customer when they are
promoting the product internationally and gain the customers confidence. When the sales
person adopts these roles the product will gain more recognition and will be purchased by
many customers.
4.2 Evaluate how exhibitions & trade fairs contribute to the success of the Sales operations in
an organization.
29
The Qatar office of Ipsos is planning to participate in the Media exhibition and trade fare that
will be held in February. Since the company is new in Qatar it will give the exposure the
company would require in one location. The company is very optimistic that through this
trade fare they will gain more exposure and identify new market leads to expand in the
Middle East region. Since Ipsos has different offices located in the Middle East region,
possibilities are the company might be able to even gather information which will be
conveyed to a different branch office in the region as a business lead to expand the market.
Trade shows are budget effective for a company. Based on the exposure and the budget
Ipsos would allocate, they could ascertain a position at the trade show which will enable
them to obtain the coverage they require at the Media Exhibition and trade fare. At a trade
show based on the exposure required a company could advertise by using flyers; roll up
banners, attractive booths and visual presentations in the booth.
The Media exhibition and trade fare is a place where many industry players would gather, if
the clients of Ipsos is dealing with attend the same function possibilities are there will be
word of mouth sales that would occur in such locations which will be beneficial for the
company to gain recognition.
Considering these factors it would be beneficial for the company to promote the Ipsos
product in the Media exhibition and trade fare to expand the market share they have at the
present moment in the Middle East region.
Conclusion
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