100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
BUS5013 Sales Management Sales and Negotiation Proposal R499,01
Add to cart

Essay

BUS5013 Sales Management Sales and Negotiation Proposal

 4 views  0 purchase
  • Course
  • Institution
  • Book

My document for the BUS5013 Sales Management assignment will focus on exploring key principles, strategies, and techniques involved in effective sales management. It will likely cover topics such as sales planning, customer relationship management, negotiation techniques, sales team leadership, and...

[Show more]

Preview 4 out of 19  pages

  • December 14, 2024
  • 19
  • 2024/2025
  • Essay
  • Unknown
  • A
avatar-seller
BUS5013 Sales
Management


Sales and Negotiation Proposal




STU120103


Dr Felicia


4000




1|Page

,Contents
Task One: Sales Proposal for Online Sales Trial in the Womenswear Department....4

Introduction................................................................................................................4

Target Market Analysis.............................................................................................4

Demographic Profile..............................................................................................4

Psychographic Profile............................................................................................5

Consumer Behaviour................................................................................................5

Country Analysis.......................................................................................................6

Market Size and Growth........................................................................................6

Economic Environment..........................................................................................6

Sales Techniques......................................................................................................7

Critical Competitor Analysis......................................................................................8

ASOS.....................................................................................................................8

Zara.......................................................................................................................9

Key Takeaways for Primark..................................................................................9

Strategic Differentiation for Primark........................................................................10

Motivating Techniques for the Sales Workforce.....................................................11

Conclusion...............................................................................................................11

Task Two: Negotiating the Terms and Conditions for Online Sales Trial of Primark.13

Introduction..............................................................................................................13

Profit Retention and Reinvestment.........................................................................13

Term....................................................................................................................13

Negotiation...........................................................................................................13

Justification..........................................................................................................14

Incentives for Management and Sales Workforce..................................................14

Term....................................................................................................................14



2|Page

, Negotiation...........................................................................................................14

Justification..........................................................................................................14

Overtime and Workload Management....................................................................15

Term....................................................................................................................15

Negotiation...........................................................................................................15

Justification..........................................................................................................15

Employment of New Staff........................................................................................16

Term....................................................................................................................16

Negotiation...........................................................................................................16

Justification..........................................................................................................16

Selection of Logistics Partner.................................................................................17

Term....................................................................................................................17

Negotiation...........................................................................................................17

Justification..........................................................................................................17

Conclusion...............................................................................................................17

References..................................................................................................................18




3|Page

, Task One: Sales Proposal for Online Sales Trial in the
Womenswear Department
Introduction
In the organisational context, a significant transformation is faced by the global retail
landscape due to the influence of the Covid-19 pandemic. A major decline is
determined in the traditional high street shopping (Chetty, 2024). Covid-19 optimised
the priority of the customers to safety and convenience. Therefore, the demand for
online shopping platforms is enhanced and reduction is ensured in the traditional
high street shopping. Primark is referred to as a retail clothing chain and the
organisation faced negative impacts on the revenue stream for the decline in the
traditional high street shopping. The study is seeking to develop a proposal for
Primark. The proposal will advocate that the online sales trail will be taken by the
womenswear department of the organisation. A robust differentiation plan, strategic
sales techniques, and market analysis will be considered by the way of preparing the
proposal.

Target Market Analysis
In the landscape of business, it is significant to determine a specific target market for
the sales proposal so that potential customers can be determined and targeted. The
target markets for Primark are outlined in the below of the study.

Demographic Profile
The womenswear department of Primark will conduct an online sales trail and the
primary target market will include women with the age group of 18-35. The
demographic profile of the target group is explored below.

Digital Savviness: The group who use online platforms actively and use digital
platforms frequently for information, social networking, and shopping will be targeted.

Fashion Consciousness: The group who has fondness on the latest fashion trends
will be targeted (Kimemia, 2024).

Price Sensitivity: The group who is budget-conscious and preferred quality product
in affordable price will be targeted.



4|Page

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller taukiracademicwriter. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R499,01. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

52510 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R499,01
  • (0)
Add to cart
Added