Knowledge (XXG)

Sales operations

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argues that every growing business requires an effective sales strategy. A clearly thought out strategy supported by clear objectives and a good understanding of the requirements of customers and the business's market environment can contribute to better sales outcomes.
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More and more companies are forming sales operations departments within their organizations and, per the sales operations excellence center, sales operations is an established process and considered to be vital contributor to business operations and accounting functions.
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Sales operation analysts as a department usually have sales analysts who work directly under them, supplying them with the data needed to make decisions. These decisions can transform a fragmented and stilted model into a customer-adaptive enterprise.
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A sales target is the minimum sales goal for a set time span. A sales target may be a minimum amount of value (monetary) or product sold (volume). Sales targets may also be for sales activities, such as number of calls per day.
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is a set of business activities and processes that help a sales organization run effectively, efficiently and in support of business strategies and objectives. Sales operations may also be referred to as
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is usually the customer group or geographical area assigned to an individual salesperson or a sales team. The geographical area may also be assigned to a
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number of consumers or consumer households in appropriate vicinity of the store and their annual expenses on the product in question.
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In some businesses, staff pay includes earn a bonus that a member of staff may earn for reaching a specific sales target.
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The set of sales operations activities vary from company to company but often include these five categories:
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The sales operations team members are often liaisons for sales to other parts of the organisation such as
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uses past sales figures to predict the short-term or long-term future performance to enable sound
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Three Methods Of Sales Forecasting - Sales Forecasting By Multiple Methods Is Most Accurate
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average sales volume per unit area for similar shops in similar locations of similar size
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FG18/2 Staff incentives, remuneration and performance management in consumer credit
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may yield the following indicators for deriving initial forecasts:
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International Journal of Economics and Business Research
556:"Economic determinants of wine consumption in Thailand" 544:, published March 2018, accessed 17 February 2023, p. 7 304:. The time span could be set for the day, week, month, 207:(GTM) strategy alignment with roles and components 46:. Unsourced material may be challenged and removed. 528:, updated February 2000, accessed 22 February 2023 515:, updated February 2020, accessed 22 February 2023 509:Definition: go-to-market strategy (GTM strategy) 118:Business activities related to sales objectives 8: 106:Learn how and when to remove this message 223:Chief of staff to the sales organization 201:Incentive sales compensation plan design 500: 300:usually sets the sales targets and the 162:Sales force communications management 153:Sales process adoption and compliance 7: 44:adding citations to reliable sources 226:Stewardship of sales force capacity 218:Sales operations mandate and design 526:Create a sales strategy for growth 235:Sales operations talent management 14: 274:tools to improve sales function. 210:Territory analysis and definition 419:Customer relationship management 20: 188:Vendor selection and management 31:needs additional citations for 270:Nowadays, many businesses use 1: 185:Proposal/contract development 232:Sales operations team design 229:Initiative change management 191:Planning process stewardship 538:Financial Conduct Authority 629: 318: 572:10.1504/IJEBR.2016.081229 459:Sales process engineering 150:Sales process development 524:Institute of Directors, 554:French, Jordan (2016). 392:For shops and stores, 284:Institute of Directors 145:Sales force enablement 449:Sales incentive plan 180:Sales administration 129:, sales support, or 40:improve this article 414:Choice architecture 357:, or as small as a 196:Attainment planning 131:business operations 613:Selling techniques 444:Sales (accounting) 429:Demand forecasting 387:financial planning 167:Business analytics 55:"Sales operations" 377:Sales forecasting 175:Sales forecasting 156:Sales development 116: 115: 108: 90: 620: 587: 582: 576: 575: 551: 545: 535: 529: 522: 516: 505: 454:Sales management 424:Customer service 122:Sales operations 111: 104: 100: 97: 91: 89: 48: 24: 16: 628: 627: 623: 622: 621: 619: 618: 617: 593: 592: 591: 590: 583: 579: 553: 552: 548: 536: 532: 523: 519: 506: 502: 497: 469:Sales territory 464:Sales promotion 410: 394:market research 379: 327:sales territory 323: 321:Sales territory 317: 315:Sales territory 302:sales territory 293: 280: 139: 119: 112: 101: 95: 92: 49: 47: 37: 25: 12: 11: 5: 626: 624: 616: 615: 610: 605: 603:Business terms 595: 594: 589: 588: 577: 546: 530: 517: 499: 498: 496: 493: 492: 491: 486: 481: 476: 474:Sales variance 471: 466: 461: 456: 451: 446: 441: 436: 431: 426: 421: 416: 409: 406: 405: 404: 401: 378: 375: 319:Main article: 316: 313: 306:fiscal quarter 292: 289: 279: 278:Sales strategy 276: 257:IT departments 237: 236: 233: 230: 227: 224: 215: 214: 211: 208: 202: 193: 192: 189: 186: 177: 176: 173: 164: 163: 160: 159:Sales training 157: 154: 151: 138: 135: 117: 114: 113: 96:September 2011 28: 26: 19: 13: 10: 9: 6: 4: 3: 2: 625: 614: 611: 609: 606: 604: 601: 600: 598: 586: 581: 578: 573: 569: 565: 561: 557: 550: 547: 543: 539: 534: 531: 527: 521: 518: 514: 510: 504: 501: 494: 490: 487: 485: 482: 480: 477: 475: 472: 470: 467: 465: 462: 460: 457: 455: 452: 450: 447: 445: 442: 440: 437: 435: 434:Point of sale 432: 430: 427: 425: 422: 420: 417: 415: 412: 411: 407: 402: 399: 398: 397: 395: 390: 388: 384: 376: 374: 372: 368: 364: 360: 356: 352: 348: 344: 340: 336: 332: 328: 322: 314: 312: 309: 307: 303: 299: 290: 288: 285: 277: 275: 273: 268: 264: 260: 258: 254: 250: 246: 242: 234: 231: 228: 225: 222: 221: 220: 219: 212: 209: 206: 203: 200: 199: 198: 197: 190: 187: 184: 183: 182: 181: 174: 172:Sales metrics 171: 170: 169: 168: 161: 158: 155: 152: 149: 148: 147: 146: 142: 136: 134: 132: 128: 123: 110: 107: 99: 88: 85: 81: 78: 74: 71: 67: 64: 60: 57: –  56: 52: 51:Find sources: 45: 41: 35: 34: 29:This article 27: 23: 18: 17: 580: 563: 559: 549: 533: 520: 512: 503: 391: 380: 324: 310: 294: 291:Sales target 281: 269: 265: 261: 238: 217: 216: 213:Goal setting 205:Go-to-market 195: 194: 179: 178: 166: 165: 144: 143: 140: 121: 120: 102: 93: 83: 76: 69: 62: 50: 38:Please help 33:verification 30: 507:Moore, J., 489:Transaction 383:forecasting 335:distributor 597:Categories 566:(4): 334. 513:TechTarget 495:References 331:franchisee 298:Management 137:Categories 66:newspapers 439:Retailing 343:continent 308:or year. 282:The UK's 245:marketing 408:See also 359:precinct 355:province 272:internet 479:Selling 347:country 241:finance 80:scholar 381:Sales 363:suburb 82:  75:  68:  61:  53:  608:Sales 484:Trade 351:state 339:agent 337:, or 249:legal 127:sales 87:JSTOR 73:books 371:city 367:town 255:and 59:news 568:doi 369:or 353:or 42:by 599:: 564:12 562:. 558:. 540:, 511:, 365:, 361:, 349:, 345:, 333:, 325:A 253:QA 251:, 247:, 243:, 133:. 574:. 570:: 109:) 103:( 98:) 94:( 84:· 77:· 70:· 63:· 36:.

Index


verification
improve this article
adding citations to reliable sources
"Sales operations"
news
newspapers
books
scholar
JSTOR
Learn how and when to remove this message
sales
business operations
Go-to-market
finance
marketing
legal
QA
IT departments
internet
Institute of Directors
Management
sales territory
fiscal quarter
Sales territory
sales territory
franchisee
distributor
agent
continent

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