presentation on territory management

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    Presentation on territory

    management

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    Objectives

    Time management and its importance

    Territory management and its

    importance

    Criteria for territory designs

    Methods of designing territories

    Procedure for developing territories

    Operating the territory management

    system

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    Introduction

    Introduction Time is the scarcestresource of

    the manager, if it is not managed,

    nothing else

    can be managed. - Peter F Drucker

    What is the

    value of time? Its importance Howadvanced

    technology helps in saving time?

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    What the sales person need todo get effectiveness?: What the sales person need to do get

    effectiveness? Focus on important

    aspects Accept the need for change

    Delegate whatever possible

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    Time management and itsimportance Time management and its importance

    Efficient management of sale time

    Efficient management of scrap time

    Bet t er market coverage Reducedselling costs Improved customer

    service More accurate evaluation of

    sales force personnel

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    Better market coverage

    Better market coverage Carefulspending of time & money based on

    account Use of promotional material

    and appropriate software Proportionalspending of time based on size of

    account Profitability of each customer

    to be calculated

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    PowerPoint Presentation:

    Reduced selling costs Identify thedecision maker & approach him

    directly Approach should be

    professional Improved customerservice Maintaining good relations

    through proper follow up Sales force

    automation More accurate evaluationof sales force personnel

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    Territory management and its

    importanceA sales territory comprises a no. of

    present & potential customers located

    within a geographical area Territories

    are generally divided based ongeographic area

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    Other factors to be consideredwhile designing territories Other factors to be considered while

    designing territories Characteristics of

    the prospects & customer groups

    Transportation facilities in the territorySkills of salesperson

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    Benefits of territorymanagement Benefits of territory management

    Better customer coverage Increased

    sales Equitable rewards Reduced

    traveling costs

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    Criteria for territory designs:

    Criteria for territory designs Sufficientpotential Reasonable size Adequate

    coverage Minimum impediments E.g.

    Mountains Rivers Rail roads Dams

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    Methods of designingterritories Methods of designing territories:

    Methods of designing territories

    Designed based on geographical

    factors/ customer potential Should bedesigned to enhance the performance

    of sales people Methods: Build up

    method Breakdown methodIncremental method

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    Procedure for developingterritories Procedure for developing territories

    Identify objectives & criteria for

    territory formation Bases for

    developing territories GeographyService requirement Potential

    Workload Assigning sales personnel

    to territories

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    Operating the territorymanagement system Operating the territory management

    system Appropriate control to beexercised Routing: Measures taken bysales management to minimize the travel

    expense, travel time & total distancetraveled by sales persons It is a complexprocess as the customers meet the salespersons as per their convenienceAccount's size & time allocation shouldhave proper match Other aspectsconsidered: Climatic conditionsTransportation facilities Ensuring minimaldistance between two consecutive calls

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    Routing - Patterns :Routing - Patterns Hopscotch methodClover leaf pattern Straight line pattern

    Scheduling :Scheduling It refers to the allocation ofappropriate time to all the activitiesthat sales persons carry out during aday, a week or a month Waiting timesome additional time should be takeninto consideration

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    Territory coverage by salespersonnel Territory coverage by sales personnel

    Don'ts :- Spending substantial time on

    small / favorite accounts Encroaching

    others territories Dos:- Prospectingnew accounts Economical & profitable

    coverage