Commercial Management
Commercial Management
F. CECA / E. A. P. OF ACCOUNTING
The selection and design of goods and services is one of the main functions
within the operations management that seeks prosperity and growth of the
organization. It consists of deciding what type of product is convenient to trade.
company.
In general, it can be said that there are two reasons or objectives for implementing a
market research: (1) generate the information to have greater success with the
marketing of a product or service; and (2) generate the necessary alerts to avoid the
failure to market it. Both could be summed up in one: reduce uncertainty
for decision making.
Sales strategies are one of the most important pillars in any company.
to achieve good economic results and to grow.
That is, in sales strategies, the actions that will contribute to the
growth of the company so that it reaches the expected profitability.
They must know that a company's sales strategies (about the 4Ps) go
to be oriented to:
Contact clients.
Customer touchpoints are the points of contact between your brand and the customer.
customer throughout the entire process. For example, customers can find your
online business or in an advertisement, see ratings and reviews, visit your website,
buy at your retail store, or contact customer service
to the customer. It seems like a long list, but these are just a few of your points of
contact.
The customer classification will allow for segmenting and selecting the strategies to be applied.
the activities to be developed, and ultimately, the efforts and resources that are
they will be dedicated to each type of client according to the type of relationship they wish to have with each one.
One. The analysis by type of clients will allow identifying the clients with the greatest potential.
for the growth and sustainability of the business. As you can see, the ability to classify to
Your clients and potential clients are a fundamental task if you want to get things done.
good.
Nowadays, companies no longer compete with each other, they compete with networks. That is to say, the
the company with the best network is the one that wins (suppliers - company - channel -
client). Manufacturing companies have directed their commercial efforts towards the
distribution channel. It is estimated that 40% of advertising investment and
communication is focused on innovative trade marketing as a practical model
for sale to attract consumer attention and trigger their buying decision there
favorable.
Sell.
The sale can be said to be the contract through which one thing is transferred.
own todomainalienated for the agreed price. The sale can be something potential (a
product that is for sale but has not yet been purchased) or an operation already
concretized (in this case, it necessarily implies the purchase).
Currently, with the inevitable development of the Internet, there has been an explosion of
another type of sale, the online one. This consists of the consumer accessing the website
of a company in question where you will learn about all the products it offers. From this
the way he chooses, he will provide his credit card information and will receive
comfortably in their home that article they have purchased.
The measurement of commercial management is an activity that should be measured through various
instruments, which must be accompanied by somewell-defined objectives and a plan, to
what actions the company should adjust to implement. All of this, without losing
from the perspective of how the business evolves and how the industry it belongs to evolves. Among
we have these instruments:
Sales Revenue, this measure can tell many things about your company.
The month-to-month sales results show if people are interested in
buy your product/service, if your marketing efforts are profitable, if
you are still far from the competition, and much more.
When evaluating sales revenue and setting goals, it is important to remember that
Sales results are affected by many other factors. The person who
tracking the Key Performance Indicators (KPI) of sales should also be known
recent changes in the market, previous marketing campaigns, actions
competitive, etc.
The data is not just the numbers generated by operations but rather, the
fundamental reason behind the business commercial management.
It is clear that understanding the causes of your results is very valuable information.
for the development of your business.
Market share allows one to understand the size of a company in relation to the
the rest of the market and with its competitors. It is used to determine what is the
market leader and, through its monitoring in different periods, such as
Every quarter, investors can determine which companies are making a profit.
quota and those who are losing it and, therefore, who is stealing quota from
market to whom.
Profits.
The ultimate goal of any business is profitability, that is, the relationship that exists
between the benefits and the investment.
It is said that a company is profitable when it generates profit or its revenues are
greater than their expenses, and the result of the subtraction between these components is
considered acceptable.
Profitability is not the same as profit. We could say that profit is the
difference between income and expenses. Profitability is the utility measured in relation to
active.
Therefore, profitability is a key indicator for your business, the problem is that
when you study this figure at the end of the year you will know if your business is viable or not, if it's doing well or
He's bad, if you can keep betting on him or you're losing money, but he won't tell you anything.
about what you have done well, the mistakes you have made or what you need to improve.
The combination of the indicated commercial actions and the ways in which it is measured
commercial management shows that there are many responsibilities that the staff of
The commercial area of any company must face.