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For this project you will be required to make several assumptions. 1. Your team is in charge of Sale for a company created by you
For this project you will be required to make several assumptions. 1. Your team is in charge of Sale for a company created by you 2. Annual company sale in $400,000$600,000,000 3. Last year sale was $500,000,000. 4. Select a product or service that the company will distribute island wide 5. The company has 6 sales representatives, 1 Sales Manager and two Sales Supervisors (you may choose to add any other relevant post to the team) 6. The company does island wide sales and delivery 7. The company sells to both cash and credit customers 8. The company operates in a very competitive environment. There are at least four other companies offering competing products 9. Due to the high quality of your products they are more expensive than the competitors' and at times are difficult to sell. 10. It is the company's intention to grow the sales revenue by at least 10% annually and have at least 40% of the market share in the next three years Chapter 4 You are required to create the following: Sales objectives: Budgeting and forecasting for the year Sales/revenue budget outlined (for new year: January - December) (spreadsheet) Monthly sales target for each sales representative per month per area of assignment Ps: sales target should be in dollars (\$) You may also show target in unit to be sold Sales strategy to achieve objectives
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