Marketing & Sales

Guides on marketing, advertising, sales management, distribution and retail, with Indian examples.

Well-organised store with displays, fast checkout and online shop, illustrating retail success factors
Marketing & Sales

Quick answer: Retailers succeed when they put the customer first, keep the right stock, price competitively and sell across store

Shopkeeper serving a customer while factory deliveries arrive behind the counter
Marketing & Sales

Quick answer: Retailing is the final link that sells goods to consumers in small quantities. It matters because it makes

Neighbourhood store with a shopkeeper serving a customer
Marketing & Sales

Quick answer: Retailing is the sale of goods and services directly to final consumers for personal use. Its key characteristics

Forecaster peering into a foggy crystal ball at an uncertain sales chart
Marketing & Sales

Quick answer: Sales forecasts are only estimates. They are limited by missing sales history and data, sudden changes in the

Analyst drawing a future sales line on a chart with data sheets
Marketing & Sales

Quick answer: Sales forecasting follows ten steps: set the goals of the forecast, identify the factors that affect sales, choose

Forecaster surrounded by economy, competitor and trade icons feeding a sales chart
Marketing & Sales

Quick answer: A sales forecast must account for general economic conditions, changing market and industry conditions, socio-economic trends, foreign trade,

Team around a sales forecast chart linked to production, purchasing and finance
Marketing & Sales

Quick answer: A sales forecast is the base of nearly every business plan. It guides production, purchasing, inventory, staffing and

Sales head handing a rulebook to the team with pricing and credit icons, illustrating sales policies
Marketing & Sales

Quick answer: Sales policies give sales teams clear rules for pricing, credit, discounts, territories and customer service. They help keep

Sales manager encouraging a tired salesperson with a trophy and boost arrow
Marketing & Sales

Quick answer: Salespeople need motivation because the job is often lonely and full of rejection, they face conflicting demands from

Salesperson choosing between salary, commission and bonus cards
Marketing & Sales

Quick answer: Common sales compensation plans are straight salary, straight commission, bonus, salary plus commission, salary plus bonus, salary plus