After my six-month tenure at FIITJEE, I gained valuable insights from DR. PRANNAY G SHARMA, Managing Partner of FIITJEE Nagpur, and Dr Jayanta Chatterjee from the Department of Industrial and Management Engineering at IIT Kanpur.
Part -1
In my upcoming series of articles, I delve into the intricacies of Field Sales Management, beginning with a focus on the essence of sales: customer value, which serves as the pathway to both sales and profits.
Customers, in essence, purchase a bundle of values. The successful exchange of these values, leading to profit creation, epitomizes effective salesmanship. This concept revolves around the disparity between a potential client's assessment of the benefits and costs of your products or services compared to others in the market. At FIITJEE, we uphold the principles of truth, transparency, and commitment, and this ethos has shaped our sales process evolution.
Historically, the sales landscape underwent significant transformations. Before the 1970s, the manufacturing sector dominated, employing a push-type sales approach. However, this method, marked by salespeople aggressively pushing products onto unwilling customers, led to more problems than solutions.
In response, the consultative selling era emerged around the 1970s. Sales professionals transitioned into diagnosticians of customer needs and consultants who tailored mass-market strategies to specific targets. This shift emphasized the importance of building trust-based, long-term relationships with customers.
In line with this evolution, my boss emphasized the role of a salesperson as a person who diagnoses a problem effectively and understands customer pain points. To implement this vision, we established a student welfare department at FIITJEE Nagpur, ensuring swift resolution of customer issues and effective management of our Marketing and Sales team. In the future, this strategy will pave the way for the emergence of the "Chief Happiness Officer" role within our Sales division.
As a Business Evangelist, I now oversee FIITJEE Nagpur's strategy alongside the Vidarbha Head Dr Prannay G Sharma. Whenever time permits, we engage in discussions and I document our insights. In the next part of this series, I will delve into effective methods of lean sales process. Stay tuned for more.
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1moThese pictures are from Khan market from the looks of it . Did u bring the rains to #delhi