THE DETERMINANTS OF SALES FORCE PERFORMANCE IN TELECOMMUNICATION COMPANIES IN CAMEROON
Abstract
Mobile service provider markets are a standout amongst the most unstable market environments because of expanded rivalry and change in the market. Thus, the developing concern requires the marketers to entirely look at client purchasing choices and satisfying procedures. On this basis, the purpose of the study is to investigate the determinants of sales force performance in Nexttel company Buea.
Specifically, the study examined the effects of appropriate training, intentional retention strategies, motivation and sales force recruitment on Nexttel company sales force performance in Buea. To achieved these objectives, a sample size of 100 respondents were sample from the study area using structured-questionnaire where quantitative data were collected using simple random sampling techniques. Collected data were inputted and analysed using Statistical Package for Social Science (SPSS,21.0) where descriptive statistics and inferential statistics of variables were calculated.
Findings revealed that there exists a relationship between appropriate training and a company’s sales force performance. It was also, revealed that there exist a relationship between intentional retention strategies and a company’s sales force performance.
Similarly, it was shown that there exists a relationship between motivation and a company’s sales force performance. However, it was revealed that sales force recruitment does not shows any significant positive relationship with sales force. It was recommended that sales force should undertake adequate training to make them more viable to efficiently and effectively in the performance of their duties.
CHAPTER ONE
INTRODUCTION
1.1. Background to the study
Sales forces today face many challenges originating from both outside and inside of their organizations (Jones & Weitz, 2005). As the biggest external actor, customers constantly raise their expectations.
Through the Internet they inform themselves about product alternatives before making a purchase. They expect from salespeople to be equally well informed about the best solution possibilities and the latest market trends. Recent advances in communication technologies give the capacity to communicate quickly and effectively, making customers demand quick response and accessibility from the salesperson side.
Buying procedures are becoming complex and require salespeople to deal with greater networks within client organizations. Furthermore, customers are increasingly opting for customized solutions which place additional burden on salespeople in terms of information gathering, communication and coordination within both buyer and seller organizations (Zoltners & Zoltners, 2001).
In addition to rising customer expectations, intense competition places great pressure on salespeople by squeezing the profit margins. Globalization brings down the borders and makes market entry easier for competitors. Companies and sales forces have to deal with a reduced amount of differentiation from competition and increased product complexity.
As product life cycles shorten, salespeople must more frequently update their product knowledge. It gets increasingly difficult to access profitable customers, and companies need to develop better ways of allocating their resources to the right customer segments (Reinartz & Kumar, 2002).
High sales numbers are crucial for the success of any company no matter if they do business with goods or services. In other words, the more products a company sells, the higher their profit is. The importance of sales for the success of a business is self-explaining and is emphasized by the fact that many companies implement whole sales and marketing departments in order to achieve the highest possible sales performance. But when the performance does not show the desired results, companies are trying to find a way to counteract this development.
In today’s competitive marketplace, personal selling is the key to success for many firms (Anderson, 1996). This is why enhancing the salespeople performance is one of the most urgent tasks managers face (Boles & Barksdale, 2000). However, the role of salespeople has in fact expanded beyond the generation of sales and more towards building relationships with customers (Ingram & Williams, 2001).
Consequently, salespeople should focus more on implementing a customeroriented approach, which implies solving customers’ problems, providing opportunities and adding value to the customer’s business over an extended period of time. The empirical studies carried out by (Williams & Attaway, 1996) show that customer-oriented selling leads to the successful development of relationships with customers.
Sales Force Management entails planning, control, coordinating the activities of the Sales force team in order to achieve the sales Objectives of a company and the overall marketing goal. It can be a short term goal or a long-term goal. Over the years most companies in Cameroon seem to neglect the sales force team and no proper management and control is set for the team. Proper management and control entails proper recruitment process, training, retention, motivation, and sales force relationship management. Thereby leads to a poor performance by the sales force team and consequently, a drop in sales and revenues.
According to Rupi Shivan et al (2016), a good sales force team is part of the company’s asset. Sales force Managers should set motivational patterns that will bring the sales force closer to the company. A company who turn to Manage Sales force properly has successfully created a straight in direct line of CRM. Report of Vodafone India shows that from 2007-2017, 89 percent of their customers were recruited by sales force team.
Philip Kotler (2014) stipulated that “customer is king”. But in contemporary sales and marketing “An employee or gainful service placer is King”. What is a company sales performance without its sales force team? What will happen to the sales of the company’s product when there is no proper sales management? Personal selling is the only promotional mix which brings revenue to the company. Also, sales force team accounts for 90% of a successful personal selling process.
Similarly, many consumer companies like insurance companies and stockbrokers employ field sales persons. Even in company owned outlets, there are salespeople to help consumers locate the right product and buy it. US firms spend over a trillion dollars annually on sales forces and sales force materials-more than they spend on any other communication or promotion method. Nearly 12 percent of the total workforce work full-time in sales occupations.
1.2. Statement of The Problem.
Based on research carried out by Aksoy et al. (2008) and Fornell et al (2006), there is a clear existing relationship between the level of customer satisfaction and customer retention, revenue growth, profitability and value creation. As Blocker and Panagopoulos (2012) point out, sales force has the responsibility y to translate diverse customer needs into the firm to ensure their full satisfaction. They are best placed to not only adapt to previous but also current changes in customer needs while anticipating customer’s future desires. (Flint, woodruff & Gardial 2002).
Mckinsey and Co in an article published in June 2017 purported that half of a company’s value creation lies with the sales force therefore top performing sales organizations treat their sales people like customers. Nonetheless, many organizations still ignorantly treat their sales Force team as trash, by not providing proper training, intentional retention strategy, motivation, and sales force relationship management thereby leading to mobility of sales force. In Cameroon, yearly most companies experience a high rate of labour turnover in their sales Force team. Consequently, resulting to a drop in sales and revenues as well as giving bad brand image in the public persona.
VIETTEL Cameroun S.A, also faces the afore problem of in effective sales force management, since 2014 it has recorded in its sales system database a total number of 16000 D2D (Door to Door) both Local and Normal. Based on June 2020, D2D payment Records (see appendix 2) the company only have 1349 active D2D, which not up to 20 have a longevity of 5years nationwide. Most of these team members usually monger in and out of other telecommunication companies like MTN, Orange TM.
1.3. Research Questions
1.3.1 General Research Questions
How is the sales force performance of workers in nexttel company in buea?
1.3.2 Specific Research Questions
- What is the effect of appropriate training on nexttel company buea sale force performance??
- What is the effect of intentional retention strategies nexttel buea company’s sales force performance?
- What is the effect of motivation on Nexttel Buea company’s sales force performance?
- What is the effect of sales force recruitment on Nexttel Buea company’s sales force performance?
Check out: Marketing Project Topics with Materials
Project Details | |
Department | Marketing |
Project ID | MKT0048 |
Price | Cameroonian: 5000 Frs |
International: $15 | |
No of pages | 60 |
Methodology | Descriptive |
Reference | yes |
Format | MS word & PDF |
Chapters | 1-5 |
Extra Content | table of content, questionnaire |
This is a premium project material, to get the complete research project make payment of 5,000FRS (for Cameroonian base clients) and $15 for international base clients. See details on payment page
NB: It’s advisable to contact us before making any form of payment
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THE DETERMINANTS OF SALES FORCE PERFORMANCE IN TELECOMMUNICATION COMPANIES IN CAMEROON
Project Details | |
Department | Marketing |
Project ID | MKT0048 |
Price | Cameroonian: 5000 Frs |
International: $15 | |
No of pages | 60 |
Methodology | Descriptive |
Reference | yes |
Format | MS word & PDF |
Chapters | 1-5 |
Extra Content | table of content, questionnaire |
Abstract
Mobile service provider markets are a standout amongst the most unstable market environments because of expanded rivalry and change in the market. Thus, the developing concern requires the marketers to entirely look at client purchasing choices and satisfying procedures. On this basis, the purpose of the study is to investigate the determinants of sales force performance in Nexttel company Buea.
Specifically, the study examined the effects of appropriate training, intentional retention strategies, motivation and sales force recruitment on Nexttel company sales force performance in Buea. To achieved these objectives, a sample size of 100 respondents were sample from the study area using structured-questionnaire where quantitative data were collected using simple random sampling techniques. Collected data were inputted and analysed using Statistical Package for Social Science (SPSS,21.0) where descriptive statistics and inferential statistics of variables were calculated.
Findings revealed that there exists a relationship between appropriate training and a company’s sales force performance. It was also, revealed that there exist a relationship between intentional retention strategies and a company’s sales force performance.
Similarly, it was shown that there exists a relationship between motivation and a company’s sales force performance. However, it was revealed that sales force recruitment does not shows any significant positive relationship with sales force. It was recommended that sales force should undertake adequate training to make them more viable to efficiently and effectively in the performance of their duties.
CHAPTER ONE
INTRODUCTION
1.1. Background to the study
Sales forces today face many challenges originating from both outside and inside of their organizations (Jones & Weitz, 2005). As the biggest external actor, customers constantly raise their expectations.
Through the Internet they inform themselves about product alternatives before making a purchase. They expect from salespeople to be equally well informed about the best solution possibilities and the latest market trends. Recent advances in communication technologies give the capacity to communicate quickly and effectively, making customers demand quick response and accessibility from the salesperson side.
Buying procedures are becoming complex and require salespeople to deal with greater networks within client organizations. Furthermore, customers are increasingly opting for customized solutions which place additional burden on salespeople in terms of information gathering, communication and coordination within both buyer and seller organizations (Zoltners & Zoltners, 2001).
In addition to rising customer expectations, intense competition places great pressure on salespeople by squeezing the profit margins. Globalization brings down the borders and makes market entry easier for competitors. Companies and sales forces have to deal with a reduced amount of differentiation from competition and increased product complexity.
As product life cycles shorten, salespeople must more frequently update their product knowledge. It gets increasingly difficult to access profitable customers, and companies need to develop better ways of allocating their resources to the right customer segments (Reinartz & Kumar, 2002).
High sales numbers are crucial for the success of any company no matter if they do business with goods or services. In other words, the more products a company sells, the higher their profit is. The importance of sales for the success of a business is self-explaining and is emphasized by the fact that many companies implement whole sales and marketing departments in order to achieve the highest possible sales performance. But when the performance does not show the desired results, companies are trying to find a way to counteract this development.
In today’s competitive marketplace, personal selling is the key to success for many firms (Anderson, 1996). This is why enhancing the salespeople performance is one of the most urgent tasks managers face (Boles & Barksdale, 2000). However, the role of salespeople has in fact expanded beyond the generation of sales and more towards building relationships with customers (Ingram & Williams, 2001).
Consequently, salespeople should focus more on implementing a customeroriented approach, which implies solving customers’ problems, providing opportunities and adding value to the customer’s business over an extended period of time. The empirical studies carried out by (Williams & Attaway, 1996) show that customer-oriented selling leads to the successful development of relationships with customers.
Sales Force Management entails planning, control, coordinating the activities of the Sales force team in order to achieve the sales Objectives of a company and the overall marketing goal. It can be a short term goal or a long-term goal. Over the years most companies in Cameroon seem to neglect the sales force team and no proper management and control is set for the team. Proper management and control entails proper recruitment process, training, retention, motivation, and sales force relationship management. Thereby leads to a poor performance by the sales force team and consequently, a drop in sales and revenues.
According to Rupi Shivan et al (2016), a good sales force team is part of the company’s asset. Sales force Managers should set motivational patterns that will bring the sales force closer to the company. A company who turn to Manage Sales force properly has successfully created a straight in direct line of CRM. Report of Vodafone India shows that from 2007-2017, 89 percent of their customers were recruited by sales force team.
Philip Kotler (2014) stipulated that “customer is king”. But in contemporary sales and marketing “An employee or gainful service placer is King”. What is a company sales performance without its sales force team? What will happen to the sales of the company’s product when there is no proper sales management? Personal selling is the only promotional mix which brings revenue to the company. Also, sales force team accounts for 90% of a successful personal selling process.
Similarly, many consumer companies like insurance companies and stockbrokers employ field sales persons. Even in company owned outlets, there are salespeople to help consumers locate the right product and buy it. US firms spend over a trillion dollars annually on sales forces and sales force materials-more than they spend on any other communication or promotion method. Nearly 12 percent of the total workforce work full-time in sales occupations.
1.2. Statement of The Problem.
Based on research carried out by Aksoy et al. (2008) and Fornell et al (2006), there is a clear existing relationship between the level of customer satisfaction and customer retention, revenue growth, profitability and value creation. As Blocker and Panagopoulos (2012) point out, sales force has the responsibility y to translate diverse customer needs into the firm to ensure their full satisfaction. They are best placed to not only adapt to previous but also current changes in customer needs while anticipating customer’s future desires. (Flint, woodruff & Gardial 2002).
Mckinsey and Co in an article published in June 2017 purported that half of a company’s value creation lies with the sales force therefore top performing sales organizations treat their sales people like customers. Nonetheless, many organizations still ignorantly treat their sales Force team as trash, by not providing proper training, intentional retention strategy, motivation, and sales force relationship management thereby leading to mobility of sales force. In Cameroon, yearly most companies experience a high rate of labour turnover in their sales Force team. Consequently, resulting to a drop in sales and revenues as well as giving bad brand image in the public persona.
VIETTEL Cameroun S.A, also faces the afore problem of in effective sales force management, since 2014 it has recorded in its sales system database a total number of 16000 D2D (Door to Door) both Local and Normal. Based on June 2020, D2D payment Records (see appendix 2) the company only have 1349 active D2D, which not up to 20 have a longevity of 5years nationwide. Most of these team members usually monger in and out of other telecommunication companies like MTN, Orange TM.
1.3. Research Questions
1.3.1 General Research Questions
How is the sales force performance of workers in nexttel company in buea?
1.3.2 Specific Research Questions
- What is the effect of appropriate training on nexttel company buea sale force performance??
- What is the effect of intentional retention strategies nexttel buea company’s sales force performance?
- What is the effect of motivation on Nexttel Buea company’s sales force performance?
- What is the effect of sales force recruitment on Nexttel Buea company’s sales force performance?
Check out: Marketing Project Topics with Materials
This is a premium project material, to get the complete research project make payment of 5,000FRS (for Cameroonian base clients) and $15 for international base clients. See details on payment page
NB: It’s advisable to contact us before making any form of payment
Our Fair use policy
Using our service is LEGAL and IS NOT prohibited by any university/college policies. For more details click here
We’ve been providing support to students, helping them make the most out of their academics, since 2014. The custom academic work that we provide is a powerful tool that will facilitate and boost your coursework, grades, and examination results. Professionalism is at the core of our dealings with clients.
For more project materials and info!
Contact us here
OR
Click on the WhatsApp Button at the bottom left
Email: info@project-house.net