Strategic Sales Management: Maximizing Revenue and Profitability

About This Course

The course on Strategic Sales Management is designed to equip sales professionals and managers with the knowledge and skills necessary to drive revenue growth and enhance profitability in today’s competitive business environment. This course provides a comprehensive understanding of the strategic aspects of sales management, focusing on developing effective strategies and tactics to maximize sales performance and achieve sustainable business results.

Participants will learn how to analyze market trends, identify target segments, and develop sales strategies aligned with organizational goals. They will explore various sales models and frameworks to create a systematic approach to sales planning, forecasting, and budgeting. The course will delve into the importance of building strong customer relationships and understanding customer needs, enabling participants to develop customer-centric sales strategies.

Furthermore, the course will cover topics such as sales team management, including recruitment, training, and performance evaluation. Participants will learn how to motivate and inspire their sales teams, foster a high-performance culture, and effectively communicate sales targets and objectives. Additionally, the course will address the use of technology and data analytics in sales management, exploring tools and techniques for sales automation, CRM systems, and sales performance tracking.

By the end of this course, participants will be equipped with the skills to make informed strategic decisions, adapt to changing market dynamics, and lead their sales teams to achieve revenue and profitability targets. They will gain insights into leveraging market opportunities, optimizing sales processes, and creating value for customers, ultimately enhancing their organization’s competitive advantage in the marketplace.

Learning Objectives

Understand the role of sales management in driving revenue and profitability.
Analyze market trends, conduct market research, and identify target market segments.
Develop effective sales strategies aligned with organizational objectives.
Create sales forecasts, set performance targets, and allocate resources efficiently.
Build and manage strong customer relationships based on customer needs and preferences.
Recruit, train, and develop a high-performing sales team.
Motivate and inspire sales teams, set performance expectations, and provide effective leadership.
Utilize data analytics and technology for sales performance tracking and improvement.
Employ negotiation techniques and closing strategies for successful sales outcomes.
Understand and adhere to ethical standards and legal considerations in sales management.

Material Includes

  • Sales Managers
  • Sales Professionals
  • Business Owners and Entrepreneurs
  • Marketing Professionals
  • Professionals in Related Roles

Requirements

  • Prerequisites: There may be certain prerequisites or recommended prior knowledge for participants to enroll in the course. This could include basic knowledge of sales concepts, business fundamentals, or prior work experience in sales or related fields.
  • Course Duration: Specify the duration of the course, whether it is a one-day workshop, a semester-long course, or a self-paced online program.
  • Attendance/Participation: Communicate the importance of active participation and regular attendance to maximize learning outcomes. Outline any specific attendance policies or expectations for engagement during lectures, discussions, and group activities.
  • Assignments/Projects: Describe any assignments or projects that participants will be required to complete during the course. This could include case studies, sales simulations, strategic analysis, or group projects.
  • Assessments/Evaluation: Explain the assessment methods that will be used to evaluate participant understanding and progress. This may include quizzes, exams, presentations, or a final project.
  • Course Materials: Provide a list of required textbooks, recommended readings, or online resources that participants should acquire or access for the course.

Curriculum

38 Lessons

Introduction to Strategic Sales Management

Understanding the role of sales management in driving revenue and profitability Key challenges and opportunities in strategic sales management
Understanding the Role of Strategic Sales Management
The Importance of Sales in Business Growth and Success
Aligning Sales Objectives with Business Goals
Developing a Sales Strategy and Sales Plan

Market Analysis and Segmentation

Conducting market research and analysis Identifying target market segments and customer profiles Assessing competitive landscape and market trends

Sales Strategy Development

Setting sales objectives and goals Developing a sales strategy aligned with organizational objectives Crafting a unique value proposition and competitive positioning

Sales Planning and Forecasting

Sales planning process and methodologies Creating sales forecasts and setting performance targets Resource allocation and budgeting for sales initiatives

Customer-Centric Selling

Understanding customer needs and buying behavior Building and managing customer relationships Implementing strategies for customer retention and loyalty

Sales Team Management and Leadership

Recruiting, training, and developing a high-performing sales team Sales team motivation, compensation, and incentives Performance evaluation and coaching for sales professionals

Sales Performance Tracking and Analytics

Key performance indicators (KPIs) for sales management Leveraging data analytics and technology in sales management Sales automation and CRM systems for improved efficiency

Sales Negotiation and Closing Strategies

Effective sales negotiation techniques Overcoming objections and handling customer concerns Closing strategies and tactics for successful sales outcomes

Sales Ethics and Legal Considerations

Ethical standards in sales management Legal and regulatory frameworks impacting sales operations Ensuring compliance and ethical conduct within the sales team

Adapting to Change and Managing Sales Risks

Navigating changing market dynamics and industry disruptions Mitigating risks in sales operations Strategies for sales force agility and resilience

Course Provided By

EVANSTONE INSTITUTE

5.0/5
79 Courses
13 Reviews
112 Students

Evanston Institute is a well-known educational institution that offers numerous courses to help students pursue their academic and professional goals. The courses are offered at affordable prices, making them accessible to a wide range of learners.

See more
Enrolkart Course - 2023-07-19T002807.129

$ 0.00

Level
Intermediate
Lectures
38 lectures
Language
English

Material Includes

  • Sales Managers
  • Sales Professionals
  • Business Owners and Entrepreneurs
  • Marketing Professionals
  • Professionals in Related Roles
Enrollment validity: Lifetime

Explore More Courses

Want to receive push notifications for all major on-site activities?

✕

Don't have an account yet? Sign up for free