Grundlagen des Vertriebs, Gruppe A
1) Negotiating and calculating prices
- Getting prices: bargaining techniques (includes case Porcelaine, WHU)
- Setting prices: price-volume-cost-terms calculations
2) Selling value
- Value-based pricing and economic value calculation (includes case Soren Chemicals, HBS)
- Fundamental techniques in personal selling (includes case Scheel & Partners, WHU)
3) Managing the sales process
- Reactive opportunity management (includes case Boise Automation, Ivey)
- Proactive opportunity development
4) Building relationships
- Building trustful relationships and networks (includes case Heidi Roizen, HBS)
- Corruption and compliance (includes case Medical Equipment Inc. in Saudi Arabia, Ivey)
5) Managing sales people
- Field sales management (includes case Clef Company, HBS)
- Inside sales management (includes case ZenRecruit, HBS)
- Pipeline management and forecasting (includes case PackMach, WHU)
Date | Time |
---|---|
Tuesday, 14.01.2020 | 11:30 - 15:15 |
Tuesday, 07.01.2020 | 11:30 - 15:15 |
Tuesday, 28.01.2020 | 11:30 - 15:15 |
Tuesday, 10.03.2020 | 11:30 - 15:15 |
1) In regard to factual knowledge, participants are enabled to
- apply salespeople jargon to discussing the status of a sale (such as the “buying center”, “red flags”, “pipeline”, “RFQ”, “gatekeepers”, and other idioms) and a price negotiation (such as “BATNA”, “ZOPA”, “walk-away price”, “non-offer offer”)
- understand the specific terminology of sales management in various industry sectors.
2) In regard to conceptual knowledge, participants are enabled to
- analyze the composition of a buying center,
- classify the dimensions of sales performance management,
- evaluate sales pipeline KPIs,
- calculate price-trade-offs against other profit drivers,
- to analyze economic value to customer, and
- explain the typical strategic and selling challenges in a variety of industry contexts.
3) In regard to selling-specific procedural knowledge, participants are enabled to
- apply a structured sales process and negotiation blueprint,
- evaluate approaches for getting access to decision-makers,
- evaluate the win probability of an opportunity and to identify potential roadblocks,
- evaluate the needs of a customer through questions,
- create and deliver a sales presentation,
- deal with customer objections,
- coach salespeople on a sales opportunity, and
- conduct pipeline reviews, develop sales forecasts.
4) In regard to general business-relevant procedural knowledge, participants are enabled to
- prepare for business meetings and internal committee sessions,
- make the best out of a limited preparation time budget,
- make concise contributions to meetings,
- constructively build and comment on contributions by other participants in the meeting, and
- derive a course of action from a careful analysis of the situation and a structured evaluation of alternatives.
5) In regard to metacognitive knowledge, participants are enabled to
- evaluate the ethical dimension of a sales leadership situation,
- evaluate their own selling behavior, and
self-observe the power and the joy of deep, meditative reflection that is not diverted by smartphones.
- 50% interactive concept lectures,
- 40% case-based discussions, and
- 10% in-class role play between students.
A video shows the style of case-based sessions: https://www.youtube.com/watch?v=IbNNsq1fC0A. This way of learning requires a great amount of energy, both from the student and from the teacher.
- 53.33% (48 points): written case preparation notes (8 x 6 points),
- 6.67% (6 points): quantitative online quiz on price calculation,
- 6.67% (6 points): interview with a salesperson, and
- 33.33% (30 points): final exam.