PROFESS Professional Service Simulation an exploration of commerce.

Slides:



Advertisements
Similar presentations
What is Business-to-Business E-Commerce? Any activity between companies that is supported electronically - - Online purchasing - Online sales -
Advertisements

THE MARKETING MIX (THE 4 Ps) PRODUCTPRICEPROMOTIONPLACE Advertising Direct mail Personal Selling Publicity Sales promotion Telemarketing Public Relations.
Prospector1 an exploration of bidding from opportunity to winning profitable business.
Marketing vs Sales. Without marketing you would not have prospects or leads to follow up with, but yet without a good sales technique and strategy your.
Click to return Competence Development These are the courses provided by Ascl within each of the competence development programs. The Solution Selling.
Management Challenge an exploration of business This computer simulation give you and the others: an opportunity to manage a “real” business for several.
RETAIL MIX This simulation challenges your ability to make business decisions affecting the sales for several periods. The group is divided into teams,
Responsibility Centers: Revenue and Expense centre
Training Challenge (draft)1 TRAINING CHALLENGE the business acumen simulation for training consultants.
TH EDITION CHAPTER 17 MANAGEMENT OF THE SALES FORCE Manning and Reece.
Business Plans.
Business Careers & Practices Week 1 Careers and Jobs in Accounting and Management Work Functions of Accounting and Management Technicians Business Functions.
9 Selling Your Product Section 9.1 Principles of Successful Selling
Sales Management Interactive Training Experience.
Intro to Business Chapter 7
MAREKTING OF SERVICES Features..
Marketing Manager Work activities: researching and analysing market trends identifying target markets and how best to reach them coming up with marketing.
Simulation Walk Through Seeing how a simulation could work on your course.
Copyright © 2007 McGraw-Hill Ryerson Limited. Objectives To understand: The nature and advantages of the sales function in an organization. The variety.
Information Systems in Organisations
SALES FORCE, INTERNET, AND DIRECT MARKETING STRATEGIES Pertemuan 23 Buku 1 Hal: Matakuliah: J Strategi Pemasaran Tahun: 2009.
A Typical Business Plan
OCR Level 2 Cambridge Technicals in Business
Make Your Mark 2 w/c 14 th November Gratefully supported by: © Sheffield City Council 2010 Welcome to Global Entrepreneurship Week Each year, over.
Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin 16-1.
The Banking Simulation an exploration of banking.
Pesewa Presentations. Why do we need to organise international marketing activities? The way in which an organisation is structured helps determine: –
Service Challenge an exploration of business This computer simulation gives you and the others: an opportunity to manage a “real” business for several.
Career Opportunities in Information Technology There are four main categories of IT jobs, grouped by the main focus of the job: Sales and support Software.
Entertainment Marketing Plan Entertainment Marketing: Education and Careers 2.
1.02 Understand career opportunities in marketing to make career decisions.
Operations Manager BY ES. Purpose. A&A Computer employs an Operations Manager who takes decisions necessary for the immediate functioning of the company,
My Own Business The Business Plan. The Plan A business plan is a written document that describes your business objectives and strategies, your financial.
GLOBAL OPERATIONS an exploration of business strategy.
Foundation Challenge an exploration of a not for profit business This computer simulation gives you and the others: an opportunity to manage a not for.
Your Business Plan is a to your Success. Follow the Road Map To avoid Termination.
Chapter 3 Business Plan Miss Dinnella.
Strategic Exploration of Entrepreneurial Directions An opportunity to explore entrepreneurial opportunities and create a viable business plan.
BUSINESS FOCUS Identifying Winning RetainingGrowing a simulation exploring how to allocate effort to maximize business success.
St Helens Chamber Membership & Support. Chamber HR and H&S 24/7 HR / H&S Advice Lines manned by qualified Advisors and an online library with over 300.
Simulation Walk Through Seeing how a simulation could work on your course.
Securing The Sonography Workforce Ann Allen Clinical Lead Sonographer Sherwood Forest Hospitals Foundation Trust.
Retail Challenge an exploration of business This computer simulation gives you and the others: an opportunity to manage a “real” business for several simulated.
NEW SOUTH WALES TECHNICAL AND FURTHER EDUCATION COMMISSION 17136Q Marketing simulation SYLLABUS 5-Jan-2009.
Market Strategy the financial implications of marketing.
PriceWize The Value-Based Pricing Simulation. What you will do Working with a few others you will run a business for six periods making price decisions.
Distribution Challenge an exploration of business This computer simulation gives you and the others: an opportunity to manage a “real” business for several.
Sales Calls1 an opportunity to explore sales calling strategy and the financial consequences.
TEAMSKILL an exploration of manufacturing The development of this simulation was sponsored by Honeywell and Metal Working Production magazine and run twice.
Interviewing to Win!!! Presented by Career & Professional Development Center 124 Sand Spring Hall Frostburg State University.
The Business Management Competition for Retail and Sales Professionals for Retail and Sales Professionals PROSPER 2013 Virtual Management Simulations.
Management Experience an exploration of tactical management This computer simulation gives you and the others: an opportunity to manage a “real” business.
Agribusiness Library LESSON L060016: PREPARING A BUSINESS PLAN.
NewShoes Introduction NewShoes Overview 3 A computer based, competitive simulation of the athletic shoe industry focusing on the 4 Ps of marketing. Students.
Marketing. Which career? Marketing: Delivering a Standard of Living!
Sales planning and budgeting. Why Plan? Provides direction Improves morale Cooperation and coordination Flexibility Individual and collective standards.
Prepared By: Reham Al-Homayan Review class 3 McDonald’s Case Study.
E- commerce Business Plan
9 Selling Your Product Section 9.1 Principles of Successful Selling
chambers of commerce do business
the financial implications of marketing
Interviewing to Win!!! Presented by
9 Selling Your Product Section 9.1 Principles of Successful Selling
SALES MIX This simulation challenges your ability to make business decisions affecting the sales for several periods. The group is divided into teams,
The Intern
9 Selling Your Product Section 9.1 Principles of Successful Selling
Management Challenge an exploration of business
Retail Simulation Lecture
Retail Challenge an exploration of business
Stay Ahead in a Changing World
Presentation transcript:

PROFESS Professional Service Simulation an exploration of commerce

Introduction You will be responsible for the commercial development of a sales region. This will involve determining and anticipating customer needs, promoting and deploying a skilled sales force. The business modelled is a professional service company (such as a logistics or computer services company). Your purpose is to make the business a success

The Simulation This activity consists of three stages: Preparation –familiarisation & organisation –deciding strategies & objectives Decision-making –submit decisions –effect simulated –get & review results Review –discuss & compare results

Situation Autonomous sales region Responsible for obtaining new business Sells to a range of business customers Consists of three sales regions Employs advisers (sales people) and technical staff Run the region on a quarter by quarter basis

Services You currently sell four services Type 1 – for the biggest customers Type 2 – for middle sized customers Type 3 – for middle sized customers Type 4 – for the smallest customers But some time in the future additional services may become available

Customers Your customer base is divided into: –Very large multinational companies –Large companies –Medium sized companies –Small companies –Micro businesses

Sales Areas Area A – City Centre Mainly micro & small businesses but some large companies. Area B – City Edge Industrial Area – mainly small and large companies but with a few multinationals, small and micro businesses. Area C – Rural Small and micro but with several large and multi- national companies on green field sites.

Selling Process 1.Advisers contact prospective customers or customers contact the company 2.Advisers meet with prospects to discuss and determine needs 3.Advisers provide specification of need to technical staff. 4.Technical staff produce detailed proposal and return to advisers 5.Advisers meet with the prospect to discuss and finalise the proposal.

Sales Influences? Adviser Availability Adviser Skills Sales Promotion Service Offering Proposal Speed Brochure Market Trends

Staff Development Adviser Training –Done by corporate –Charged on a per adviser day basis –You decide number of days/adviser each quarter Induction Training –For new hires –To provide basic knowledge of service & company Technical Staff Training –Done on-the-job

Decisions Required number of Advisers (by area) Adviser Salary (whole region) Adviser Training (days) Induction Training (days) Required number of Technicians Service to update Brochure to update Regional Promotion

Costs All costs and revenue in a universal currency Adviser Salary currently 100 AUs/Quarter Area Overheads about 250 AUs/Quarter Technical Staff costs 40 AUs/Quarter Technical Overheads 500 AUs/Quarter plus 10AUs/staff member Service Updating 100 AUs when updated Regional Promotion typically up to 200AUs Recruitment Cost – 10 AUs/adviser 5 AUs/technician Training Course Cost – 1 AU/adviser

Results Returned in three stages Preliminary Results Area Summary and Business Summary Team Results Profit Statement, Operational Report, Recruitment and comments on operation Business Research Salaries Advertised, Number of Advisers, Market Share and editorials.

Observations it takes time to understand but the business still must be run therefore your decisions will not be perfect time will be a constraint by the end you should (just) be in charge of your business your business skills will be challenged remember the purpose is to learn! (rather than just to win!) so, take time to reflect & review and have fun!