The sales plan is developed for product of Marks & Spencer which is related to Kids Wear. The sales plan covers following points: Objectives, Product description, Sales channels, Positioning strategy, Communication, Price and product availability, Sales staff and consumer attraction, Training and development, and Reward and benefits to sales team.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
TASK 4
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
Developing sales plan for product and service The sales plan is developed for product of Marks & Spencer which is related to Kids Wear. The sales plan covers following points- Objectives-The main objective of Marks & Spencer for this sales plan is to increase sales turnover and enhance profitability. Owing to this, management or sales department is planning to promote services in the marketplace by which customers will be attracted.
Cont... Product description-The product selected for the sales plan is Kids Wear where 40% discount will be offered along with Kids accessories. The clothes are designed by famous fashion artist. All clothes covered in discount has premium quality and features like twinkling lights in the cap, birds or animal voices in between the t-shirts, etc. Sales channels-For selling products of M&S, online websites and direct selling is available. There is an official website of M&S where customers can shop and also on other websites like Amazon, the clothes are available. However, online websites will provide 40% discount whereas only 25% discount is available for direct selling
Cont... Positioning strategy-The positioning strategy for current service is affordable price, unique features and premium quality. It aids to motivate consumers to access good quality of clothes for the kids provided by Marks & Spencer Communication-The selected communication channel for current sales plan are internet, hoardings and television. It enables corporation to approach ultimate buyers in less time so as to increase sales objectives.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Cont... Price and product availability-The offer is limited only for 20 days and it will be available at Marks & Spencer outlet and only at company's official website and at Amazon. The pricing strategy adopted by company is penetration pricing strategy because the firm wanted to acquire large market share in kids market. It assists corporation to meet organization's expectations and increase customer base in the marketplace. It is because price is the main aspect through which services are promoted.
Cont... Sales staff and consumer attraction-Under this sales staff are competent enough who prove to be effective in increasing sales turnover. On the other hand, consumers will be attracted with the use of electronic mode. Training and development-For promoting products via online, sales personnel will be provided training. It enables them to provide effective experience to the customers and enable them to take repeat purchase decision.
Cont... Reward and benefits to sales team-After achieving the set objectives, sales team will be rewarded by offering both monetary and non-monetary rewards.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
References Hassanien,A.,2006.Exploringbusiness.A multiple case study. 24(1). PP.41 – 64. Mungall,A.andLabben,G.,2009.Offer adjustments for senior citizen guests. Perception of customers. PP.223-239.
Cont... Harwell, J., 2006. Sales & operations planning in theretailindustry.TheJournalofBusiness Forecasting. 25(3).pp. 4. Wood, C. R. and Brotherton, B., 2008. The SAGE Handbook for Management. SAGE.