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How To Exceed Monthly Sales Targets?

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Question added by Mirzet Ramić , Director , ALAHMADIA PARTNERS REAL ESTATE DOO SARAJEVO
Date Posted: 2013/10/23

  1. Plan carefully
  2. Customer Loyalty
  3. Improveing value proposition
  4. Products' unit price
  5. Differentiation
  6. Positive Feedback

there is not one answer about how  to do it, there are multiple ways depending on the activity and industry, is it manufacturing? whole sale or retail trade? ... and in which field? ( pharmaceutical, food& beverage, cars , cosmetic .....)

for example, about general consumer food, marketing team can advise on doing sales promotions and this will increase sales in a short time period, it works easily for this type of goods.

Eias Elmahi
by Eias Elmahi , Advertising Media Team Leader , Sudanese Telecommunication Company

This depends on the sales nature (outdoor sale or indoor sales)

  1. Plan carefully
  2. Sellect your customers carfully (Using CRM if you have the platform)
  3. Create Customer Loyalty
  4. give your Mrketing team the exact customer need to allow them to Improve value proposition.

Sales goals are typical in a sales environment. The company's sales manager might give each individual a sales quota for the week, and then evaluate the employee's progress. Regrettably, some employees have difficulty meeting their sales goals. This is due to various factors, such as lack of motivation or drive. But sometimes, factors beyond an employee's control contribute to reduced sales. Whatever the case it may be competent sale’s person will be able to give each individual a sales quota for the week, and then evaluate the employee's progress Our company sales budget for the coming year projects how much product or services our company will sell and at what price. A good sales budget breaks these projections down, anticipating sales by particular regions or demographics and the number of sales per month. The sales budget affects the rest of our budget: If you expect to sell50,000 units, for instance, I need to budget enough to manufacture that much product. A sales budget usually is part of our overall operating budget and reflects the amount of sales you hope to make in a certain period. You can prepare annual, quarterly or monthly sales budgets. Individually, salespeople typically must meet quotas, or personal sales budgets, to support the company goals. Commissioned salespeople often set their goals higher than their budget to receive bigger paychecks and create additional revenue for our company.

Zafar Iqbal
by Zafar Iqbal , Teacher (Pak Studies) Subject Specialist , Home Tutor

Through planning and better resource allocation you can do that.

Ahmed Lutfi Abu Rasheed
by Ahmed Lutfi Abu Rasheed , Chife Accountant , Cigalah Trading Est.,

good Question. i think it should answer why the sales dropped why we cannot achieve targets after that we can find solution.

Khaled Abdelrehim ACCA DipIFR CMA
by Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

if it was that easy to be sloved theoritcally, no salesman will loose his position. i think it depends on the abilities and skills of the person

Mohammed Salim Allana
by Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

Appoint highly skilled and experienced SALES personnel.

Allocate the weekly sales target (area wise) and follow up regularly.

Ensure that all sales team believe in their Product (they should USE the same product)

Earn loyalty from customers and provide prompt service after sales.

Effective marketing using all channels (paper and internet media)

Revise the Sales targets every month to keep your SALES TEAM work harder.

Rajinikant Ramachandran
by Rajinikant Ramachandran , Group Accounts Manager & Factory Operations , Al Mehdi Group

Very simple: Once you have the actual sales figure, re-draft the sales target figure below the actual sales. i.e. you exceed the sales target.. 

How to do it???

Target is fixed (budgeted sales figure) predicted in advance6 to12 months..- Sales Target given by the Management.

But you can do the "Forecasting" for the succeeding month, which you can predict if you know the market pulse. So the forecasting figure may be above or below the sales target.

The forecasting figure should be calculated and drafted by you and submit to the management on the monthly sales review meeting.

So you will have3 columns - Budgeted - Forecast - Actuals

 

اميمة سلاماني
by اميمة سلاماني , عون اداري , مدرسة وطنية عليا

  Ican't  answer because a not experience  

ahmad hassan
by ahmad hassan , sales accountant , Savola Groub

In the first see the market avipilaty

divison the route

Second put the sales plan

Make good feedback

 

 

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