Question

In: Operations Management

A sales plan is the most essential principal for selling products and services. It sets out...

A sales plan is the most essential principal for selling products and services. It sets out how products and services will be sold or the techniques that will be used to make sales. How can sales plans be developed and what are the key factors that a sales action plan should contain? What factors will sales techniques or tactics depend upon? Where can you collect or obtain data when monitoring sales outcomes?

Solutions

Expert Solution

Sales plan is a set of strategies which defines the techniques and tactics to reach the success of the business. For every 6-12 months sales plan will be developed. To develop a sales plan each and every aspect of our business should be taken into account. By conducting reseraches like market research, sales forecast whic tells us the past history of sales, identifying the sales strategies and planning, and communicating our paln with the customers and our business team in this was sales plan should be debeloped. Some of the key factors that a sales plan should contain business concepts which describes briefly about the products and market serve, financial features, financial requirements, current business position and major achievements that which consists of the location of facility, patents and also the product development area.

sales techniques are depend upon the type of business we choose and also the amount that whcih was being used for the success of the business. To monitor the sales outcomes data can be obtained from the market because in market we can see different business by watching their business sales outcomesdata can be obtained and also from the past data analysis can be carried out to monitor.


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