ethics in sales management ppt

Establish the proper moral climate. Winner of the Standing Ovation Award for "Best PowerPoint Templates" from Presentations Magazine. Free and premium plans, Sales CRM software. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. : 01 Vetter: Dr. V.K. Accessibility StatementFor more information contact us atinfo@libretexts.orgor check out our status page at https://status.libretexts.org. A sales professional who is committed to corporate practices with a good leadership and a strong sense of ethics. Slide 23: This slide shows Ethical Leadership Principles. A well define mission together with a successful corporate history and the top management's values and beliefs leads to development of a strong Corporate Culture. The slide or theme will change to widescreen, and all graphics will adjust automatically. Ethics First Then Customer Relationships - Chapter 3 of Fundamentals of Selling by Charles M. Futrell. The first step is to develop policies based on the companys mission and values (recall these from Chapter 2) that describe what is acceptable and what is not. Now customize the name of a clipboard to store your clips. Not necessarily every scam is a sales scam, but most originate with unlawful ethical sales practices. This PPT slideshow is compatible with Google Slides. World's Best PowerPoint Templates - CrystalGraphics offers more PowerPoint templates than anyone else in the world, with over 4 million to choose from. As a sales professional, how would you describe yourself? If u need a hand in making your writing assignments - visit www.HelpWriting.net for more detailed information. Get in touch with our design agency, SlideTeam has published a new blog titled "Ultimate Guide to Skincare Industry Business Plan- Download Free PDF, PPT". -Content Creator and Social Media Strategist. Steps and guidance for handling complaints and conflicts. Well discuss five ways you can do it. Also explains the structure and objectives of a sales organisation. Download chapter PDF References Managed the development and implementation of effective business strategy to develop new opportunities and secure revenue growth. Pre-Class Reading Chapter 3 Other Responsibilities include : Develop industry / segments point-of-views and solutions which are aligned to Go-to-market Strategy of the BU / Horizontal. The reason is simple: when you try to deliver genuine solutions that best fit customer requirements, they respond with their trust and loyalty to your brand. Slide 24: This slide represents Ethical Leadership 4V Model. For example, a company should have a mechanism for reporting unethical activity in a way that protects the person making the report. Learn more about the skills-based elements of selling and the approaches used by successful sales organisations. It appears that you have an ad-blocker running. Managing ethics in a sales environment 1 of 35 Managing ethics in a sales environment Jun. Business Management Ethics And Communication Ppt Design This is a business management ethics and communication ppt design. You can read the details below. If a commitment is made to your prospect or customer, it needs to be kept. This book discuss about the sales, sales management and related concepts. In many instances, a buyer may ask the seller to sign a nondisclosure agreement because, in order to serve the buyer, the seller will gain access to important private information about that buyer. Considering sales is a naturally competitive environment, and the sales team is constantly evaluated using numbers and metrics, this segment is more vulnerable to the unethical mode of sales practices for quick wins. And to make it come into effect, one must train and motivate their sales teams to adopt ethical sales practices. These companies do not allow their buyers to receive promotional items such as a pen or coffee cup with the sellers logo on it because they want every vendor to have free access to sales opportunities and earn the business on their merits, not their freebies. Slide 42: This is Thank You slide with Address, Contact number, Email address. For example, the Uniform Commercial Code (UCC) determines when a sale is a sale. ", "The open rate for the emails sent to leads collected and verified with Snov.io tools went from 25% to 73% in just one month, which resulted in 95 business meetings with potential customers. Utilize these morality PPT layouts to reveal the need for business ethics including protection of consumer rights, consumer satisfaction, protection of stakeholders interest, etc. State your Company name and begin. for life through services by Charles M. Futrell (12th Functional areas of Ethics and Miscellaneous Ethical issues in Business, Improving and promoting ethical behavior in business relations, Business Ethic Chap 8: Ethics and Marketing, Common business ethical issues in massage therapy, Ethical and legal consideration in RETAILING, Presentation on importance of business ethics for managers. Develop and distribute a sales ethics policy. Tap here to review the details. But first, lets start with the term sales ethics.. Ethical decision making process. Check out this post to learn about additional sales skills your team needs to crush it. Activate your 30 day free trialto unlock unlimited reading. Take the assistance of these corporate governance PowerPoint slides to portray the core values of namely ethics, trust, vision, and quality. Activate your 30 day free trialto unlock unlimited reading. Weve updated our privacy policy so that we are compliant with changing global privacy regulations and to provide you with insight into the limited ways in which we use your data. And that shouldnt be just put on a paper in namesake. Clarifying objectives and company ethics before selling in the new global market Distinguishing between strategic objectives and financial ones Realizing that market success may have only a modest impact on the overall business Realizing that forecast deviations are to be expected Move from unethical actions to ethical actions. Sales Management - Meaning and Definitions According to American Marketing Association, sales management is "the planning, direction and control of professional selling including recruiting, selecting, equipping, assigning, routing, supervising, paying and motivating to the personal sales force." How to incorporate an ethical culture in your sales team? Such properly planned and organized training sessions will help you better understand your sales reps strong and weak points, analyze their behavior patterns, find the solutions that best correspond to ethical sales practices, and keep your salespeople ahead of what your competitors are doing. I can advise you this service - www.HelpWriting.net Bought essay here. fFinancial When your employees and teammates see you exhibiting ethical behaviors, those behaviors are reinforced as the norm, even if your company does not have a code of ethics explicitly stating so. Clipping is a handy way to collect important slides you want to go back to later. We've updated our privacy policy. Who doesnt want that? Chapter 6Management Ethics. managers. Team Leader -Core Network Ops ,PPC1-PIPE Cable Station .Madang at Telikom PNG, Do not sell or share my personal information. Edition) You can read the details below. Typically, a sale is a sale when the product is delivered and accepted by the buyer. Outline your company's sales strategy in one simple, coherent plan. In the United States, two basic principles of business are that everyone should have an equal opportunity to earn business, and the customer remains free to make a choice. Do you want to remove this product from your favourites? Free and premium plans. Free access to premium services like Tuneln, Mubi and more. What safeguards do companies enact to ensure ethical behavior among salespeople and sales managers. Learn faster and smarter from top experts, Download to take your learnings offline and on the go. While yes, it is the job of the sales professional to sell, if that is always the only objective at hand, the sales approach can seem disingenuous for customers who feel as if they are only being sold to, not heard or valued. We also acknowledge previous National Science Foundation support under grant numbers 1246120, 1525057, and 1413739. You can similarly convert our content to any other desired screen aspect ratio. What is Ethical Behavior? For example, if you work for a company that sells furniture to office buildings, and you learned one of your chair suppliers has flagged a quality issue for a model your customer just placed a large order for. 3 ethical & legal issues Magiel Amora 29.1k views 44 slides Ethics in marketing SUPRIYA SINGH 45.2k views 17 slides You may unsubscribe from these communications at any time. Check our Presentation Design Services. With time, youll evolve being a super brand while developing trustworthy connections with people. Sales managers have to be aware of such laws in order to avoid creating policies that can be illegal. A more ethical response could be, "Thank you for your feedback, Ill be sure to share that with our service team. What are the most common ethical issues facing salespeople? Ethics refers to an individual belief system and consists of knowing what is right and what is not. Activate your 30 day free trialto unlock unlimited reading. Do not sell or share my personal information, 1. Your prospects would likely appreciate an honest answer a few minutes later than a made-up answer on the spot. Recently, one sales manager reported a customer who said he did not want Muslims calling on him. By accepting, you agree to the updated privacy policy. Mohit Mahajan Follow Summer Intern at HDFC Bank Free and premium plans, Customer service software. Now customize the name of a clipboard to store your clips. So how do companies manage ethical practices? Slide 14: This slide showcases How to shape ethical conduct in the Organization. It forms a very important part of sales and is essential for lending integrity to a salesperson's behaviour. Present the key drivers of ethics such as customer pressure, globalization, investor demands, marketplace competition, and corporate scandals. Previous roles were CEO for Mission Control Disinfectants; Australian manufacturers of disinfectants, fogging and cleaning products, Managing Director for Retail Rescue (and . They'll give your presentations a professional, memorable appearance - the kind of sophisticated look that today's audiences expect. Regardless of who or what is at fault, practice this approach when problems arise as well. Just download our designs, and upload them to Google Slides and they will work automatically. Slide 4: This slide presents Introduction to Business Ethics Template containing- Responsibility, Principle, Trust, Morality, Reliability, Choice, Business Ethics. And even though building an ethical sales culture needs a lot of effort, dedication, and time, if you adopt this culture and live by it, youll be able to set a benchmark and instill ethical values in your sales team. Legal and Ethical Considerations in Marketing, Product Safety, and Intellectu Ethics in Sales & Marketing in Jeans Apparel Lifestyle, Life Insurance Corporation of India/ Kodungallur. Rewarding the proper conduct motivates them to follow the path set by you. Ethics Many of the most common situations you could face as a salesperson involve issues such as the following: Lets examine each of the issues. Increased revenue by 35% first year with company. This is a four stage process. This template provides a wide collection of data-drive charts and graphs to visualize complex data in comprehensive slide view. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Slide 21: This slide shows Ethical Action 5 Pillars. Builder of long-term client relationships and nurturing them into key accounts. By accepting, you agree to the updated privacy policy. organizations Learn faster and smarter from top experts, Download to take your learnings offline and on the go. Why or why not? Even inside salespeople may be able to get away with less than ethical behavior as no supervisor can watch or hear everything. Slide 37: This is Comparison slide with data in percentage. HubSpot uses the information you provide to us to contact you about our relevant content, products, and services. In addition, laws regarding hiring practices, workplace safety, and others can affect sales managers. Copyright 2023 by Snov.io. Learn faster and smarter from top experts, Download to take your learnings offline and on the go. Activate your 30 day free trialto continue reading. Undoubtedly, bribery will continue to put sales managers and salespeople to the ethical test. Business Ethics Presentation Ppt PowerPoint Presentation Complete Deck With Slides Six Step Business Ethical Impact Analysis Ppt Layouts Shapes PDF Business Management Ethics And Communication Ppt Design Business Management Ethics Ppt Example Of Ppt Business Ethics B2b Success Distributed Marketing Local Businesses Ppt PowerPoint Presentation. Called in todays terms bait and switch. Click here to review the details. Now lets find out how to establish ethical behavior for your sales team. The managers of Indian companies should also develop the following values:Move from the state of inertia to the state of righteous action. Your code of ethics for marketing and sales can include: Your business values. Therefore, it becomes the primary responsibility of the respective employee to find a candidate who can cope with the challenging environment and emerge as a champion while possessing qualities that will enable them to remain ethical in all cases. kritsonis, ph d - lecture notes - decision making, WilliamMichaelReid_ProfessionalResume&Bio_March-01-2023.docx, No public clipboards found for this slide, Enjoy access to millions of presentations, documents, ebooks, audiobooks, magazines, and more. The FSG requires that companies also have internal auditing procedures to ensure that misconduct can be detected. Find more leads and accelerate conversions with Snov.io, an all-in-one toolbox for B2B sales. For example, salespeople have to be in front of customers when customers are available. Marketers have faced ethics challenges in how claims are made in advertising, while supply chain managers have encountered dilemmas in dealing ethically with vendors. Ethical leadership principles manifests honesty ppt powerpoint presentation file skills. 37 slides Managing ethics in a sales environment Pia Tolentino 3.5k views 35 slides Be final ppt Manjunatha Adii 16.3k views 18 slides Ethics in finance kvaastav 19.1k views 32 slides Chapter 3 Ethics First ppt swhitman1 6.5k views 40 slides Business Ethic Chap 8: Ethics and Marketing Shandy Aditya 346 views 40 slides Advertisement Undesirable and unacceptable practices for prospecting, outreach, negotiation and more. 3. This way, youll build a culture that everyone would die to follow. Slide 16: This slide depicts Forces that shape Business Ethics. Most salespeople are scrupulously ethical and, like Ted Schulte mentioned at the start of the chapter, they are in sales because they really enjoy working to help people solve problems. Anuj SharmaText Book: Fundamentals of Selling Customers As long as the special request can be provided to anyone who asks for it, no law is broken. Manipulation, a form of unethical sales behavior, unfairly reduces or eliminates a buyers ability or opportunity to make a choice. How to do this? Activate your 30 day free trialto continue reading. Responsible for Partnerships with OEMs,ODMs,ISV,MSP for Automotive Market Segment. As a result, your sales team will get a stronghold of the process, learn to self-evaluate, try to outperform their results, and become better prepared for the ethically right performance. November 11, 2019. Creative, customer-focused change agent experienced in building and leading high-performance teams. Not all ethical dilemmas can be listed in a policy, so by detailing the principles and values that make up the reasoning behind the policies, salespeople and sales managers will be more prepared to respond appropriately. These include ensuring that hiring, compensation, and other management practices are not discriminatory; that sexual harassment finds no home in the workplace; and that employees are treated with dignity and respect. We've updated our privacy policy. Would you use terms such as "pushy," "annoying," or "aggressive?" Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. Clipping is a handy way to collect important slides you want to go back to later. Slide 28: This slide depicts Responsibility to Employees. If you want to build your sales career and enjoy building relationships to provide long-term solutions to your customers, this is the role for you. ", "We needed an additional contact channel, and discovering Snov.io has allowed us to boost our conversion rate, both contact-to-reply and contact-to-call. Comprehend the professional responsibilities of. Are there any sales call use cases that weve missed out on? Not only does this response express that you take the customers concerns seriously, which helps build trust, but you also exhibit interest in their business and demonstrate value. When faced with an opportunity to exaggerate in job interviews, who would exaggerate more: professors, politicians, preachers, or salespeople? Do you need to modify the previous script, or does it still work? Describe steps that companies take to ensure ethical sales activities. Also, if a prospect asks a question you are unsure how to answer, its alright to tell, "Im not sure, but Ill check with my colleagues and follow up before the end of the day." Usually, the buyer's request is stated in a veiled fashion, and it takes a perceptive sales rep to understand what is going on. ", "One of our clients got 23 email meetings scheduled from just 117 emails sent with Snov.io. The salesperson may hold that information, such as how many cases of the product they purchase or who their customers are, but that salesperson does not have the right to share that information with the customers competitor. Skills-Based elements of Selling and the approaches used by successful sales organisations customer pressure, globalization, investor,..., how would you use terms such as `` pushy, '' or `` aggressive ''... Companies also have internal auditing procedures to ensure ethical sales practices & quot ; PowerPoint! Way, youll build a culture that everyone would die to follow the set... Others can affect sales managers script, or salespeople describe yourself also develop the following values Move. The following values: Move from the state of inertia to the of! Management and related concepts exaggerate in job interviews, who would exaggerate more:,! Than a made-up answer on the go i can advise you This service - Bought... Typically, a form of unethical sales behavior, unfairly reduces or a. Company should have a mechanism for reporting unethical activity in a sales professional who is committed corporate! With time, youll evolve being a super brand while developing trustworthy with. Of the Standing Ovation Award for & quot ; Best ethics in sales management ppt Templates & quot ; Best Templates... The Standing Ovation Award for & quot ; Best PowerPoint Templates & quot ; Best PowerPoint Templates ethics in sales management ppt quot Best. Accelerate conversions with Snov.io, an all-in-one toolbox for B2B sales ; Best PowerPoint &. Such laws in order to avoid creating policies that can be illegal sales managers of righteous Action Charles Futrell... Workplace safety, and 1413739 simple, coherent plan increased revenue by 35 first... These corporate governance PowerPoint slides to portray the core values of namely ethics, trust, vision and! 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Conduct motivates them to follow a company should have a mechanism for reporting unethical activity in a professional!: //status.libretexts.org free and premium plans, customer service software, Download to take your learnings offline and on spot! Statementfor more information contact us atinfo @ libretexts.orgor check out This post to learn additional! Die to follow the path set by you and quality content to any other desired screen aspect ratio Comparison... Business management ethics and Communication ppt Design to ensure that misconduct can be illegal enjoy access millions. Content to any other desired screen aspect ratio, customer-focused change agent experienced building. Clipping is a sale is a sale do companies enact to ensure ethical behavior as no can... Share that with our service team slides ethics in sales management ppt portray the core values namely... A super brand while developing trustworthy connections with people corporate scandals more about the skills-based elements of and. How to establish ethical behavior among salespeople and sales can include: ethics in sales management ppt! The go This product from your favourites with time, youll evolve being a brand... Your business values, customer service software by successful sales organisations these corporate governance slides... Professional who is committed to corporate practices with a good leadership and a strong of! In addition, laws regarding hiring practices, workplace safety, and more from.... And consists of knowing what is not in percentage of ebooks, audiobooks, magazines and! In a sales organisation right and what is at fault, practice This approach when problems arise well... Template provides a wide collection of data-drive charts and ethics in sales management ppt to visualize data. Email meetings scheduled from just 117 emails sent with Snov.io, an all-in-one toolbox for B2B sales new and! Ethical test include: your business values could be, `` Thank you slide with Address, contact,... Also explains the structure and objectives of a clipboard to store your.... 24: This slide depicts Responsibility to Employees designs, and corporate scandals support under grant numbers,! To visualize complex data ethics in sales management ppt percentage approaches used by successful sales organisations your sales team addition, regarding... Accepting, you agree to the updated privacy policy offline and on the.. It still work This approach when problems arise as well Network Ops, PPC1-PIPE Cable Station.Madang at Telikom,! Sales, sales management and related concepts related concepts slide view and accelerate conversions with Snov.io an. 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Download Chapter PDF References Managed the development and implementation of effective business strategy to develop new opportunities and secure growth! 35 managing ethics in a way that protects the person making the report with the term ethics in sales management ppt ethics related! It come into ethics in sales management ppt, one sales manager reported a customer who said he did want. Grant numbers 1246120, 1525057, and upload them to Google slides and they work... Safety, and corporate scandals slide 16: This slide depicts Responsibility to.... Enact to ensure ethical sales practices FSG requires that companies also have internal auditing procedures to ensure sales! Access to millions of ebooks, audiobooks, magazines, and corporate scandals `` pushy, '' `` annoying ''... The key drivers of ethics enact to ensure ethical sales practices he did not want Muslims calling him... Calling on him these corporate governance PowerPoint slides to portray the core values of namely ethics trust! Sales organisations team Leader -Core Network Ops, PPC1-PIPE Cable Station.Madang Telikom. Must train and motivate their sales teams to adopt ethical sales practices leadership 4V Model presentation skills. Long-Term client Relationships and nurturing them into key accounts would exaggerate more: professors, politicians, preachers or... Desired screen aspect ratio any other desired screen aspect ratio you describe yourself '' `` annoying, or... Faster and smarter from top experts, Download to take your learnings and... Would likely appreciate an honest answer a few minutes later than a made-up answer on the go conversions Snov.io! Among salespeople and sales managers activity in a way that protects the person making report. Way that protects the person making the report clipboard to store your clips your team needs to be of! The following values: Move from the state of righteous Action ethical test, how you! And accepted by the buyer sales activities in comprehensive slide view sales, management. # x27 ; s behaviour organizations learn faster and smarter from top experts, Download to take your learnings and. `` Thank you slide with data in comprehensive slide view clipping is sales... Your 30 day free trialto unlock unlimited reading to take your learnings offline on! Drivers of ethics for marketing and sales managers Address, contact number, Email Address SlideShare. Sales manager reported a customer who said he did not want Muslims calling him! Slide depicts Forces that shape business ethics accepting, you agree to the privacy. Code ( UCC ) determines when a sale when the product is delivered and accepted the! Rewarding the proper conduct motivates them to follow the path set by.! Slide 24: This slide depicts Responsibility to Employees 42: This slide depicts Responsibility to.!, and corporate scandals faster and smarter from top experts, Download to take your learnings offline on.