hbspt.cta._relativeUrls=true;hbspt.cta.load(53, '3934a25d-e58d-447e-a2ee-5505db8c56ea', {"useNewLoader":"true","region":"na1"}); Get expert sales tips straight to your inbox, and become a better seller. 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. Copyright 2023 SlideTeam. Learn faster and smarter from top experts, Download to take your learnings offline and on the go. Legal and Ethical Considerations in Marketing, Product Safety, and Intellectu Ethics in Sales & Marketing in Jeans Apparel Lifestyle, Life Insurance Corporation of India/ Kodungallur. People who downloaded this PowerPoint presentation also viewed the following : Slide 1: This slide introduces Business Ethics. There is competition for resources, customers and price etc, which breeds ground for activities that may not get ethical sanctions. Many of the most common situations you could face as a salesperson involve issues such as the following: Lets examine each of the issues. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. Also, if you have a customer-facing issue arise and dont take responsibility, having your customer learn the truth from a third party could damage your relationship and jeopardize future sales. To create a positive experience for both the customer and the company, it is imperative that trust-building is at the center of every sales interaction. It appears that you have an ad-blocker running. Developing an ethical sales culture or managing your company to grow ethically is a task of absolute hardship and dedication. Unveil the responsibilities of business towards the general public, customers and employees using these code of conduct PPT graphics. Steps and guidance for handling complaints and conflicts. Slide 6: This slide presents Ethical Principles for Business Executives with- Honesty, Promise Keeping, Leadership, Integrity, Accountability, Fairness, Commitment to Excellence, Law Abiding. An ethics officer ensures that the ethics systems are in place and functioning. Here are some ways reps can build trust with their customers: If a problem arises and you were at fault, quickly and truthfully take responsibility. Your Impact and Opportunity We are looking for dynamic, high-performing team players who thrive in fast-paced environments to join our US Sales team. Take the assistance of these corporate governance PowerPoint slides to portray the core values of namely ethics, trust, vision, and quality. Presented to the students of Tolani Institute of Adipur as a part of their Sales Management Course. -Technical skills : Advanced Excel, PowerPoint,Tally ERP 9. If u need a hand in making your writing assignments - visit www.HelpWriting.net for more detailed information. Management Studies. Activate your 30 day free trialto unlock unlimited reading. Salespeople often work in the field and are therefore not under constant supervision. Last, but certainly not least, the most important thing sales managers can do to uphold ethics is to exhibit ethical behaviors themselves. A consistent and high performing individual with a positive goal-oriented attitude. Activate your 30 day free trialto continue reading. Sales Management Management's Ethical Responsibilities What is Ethical Behavior? So should a sales manager schedule all training sessions on weekends, when buyers are at home and not available for sales calls? 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. Are there any sales call use cases that weve missed out on? This course explores management decision-making responsibilities and strategies. Recognized for innovative troubleshooting, adaptability, turn-around success, greatly reduced operating costs and . Creative, customer-focused change agent experienced in building and leading high-performance teams. You can read the details below. fFinancial Slide 22: This slide represents Ethical Leadership. 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. Some argue that a salesperson who is paid straight commission (paid by the sale) is not stealing anything from the company, but others argue that even in that instance, the company is being deprived of possible sales that would be gained if the salesperson was working. A class presentation of chapter 2 from Sales Management book by Hair. Your code of ethics for marketing and sales can include: Your business values. Handling objections in an unethical manner could include reactions such as arguing with a prospect when they voice concerns, or attempting to bully them until they back down. Slide 26: This slide displays Responsibility to the General Public. Being honest Maintaining confidence and trust Following the rules Conduct yourself in proper manner Treat others fairly Loyalty to company and associates Carry your share - 100% effort 4. This is a four stage process. DUTIES HubSpot uses the information you provide to us to contact you about our relevant content, products, and services. All rights reserved. Slide 27: This slide shows Responsibility to Customers. Free access to premium services like Tuneln, Mubi and more. It appears that you have an ad-blocker running. 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. Pre-Class Reading Chapter 3 Subscribe to the Sales Blog below. 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. In sales, several laws apply that also apply in other areas of marketing but are more prominent in sales. Entertaining and motivating original stories to help move your visions forward. In addition, laws regarding hiring practices, workplace safety, and others can affect sales managers. Slide 33: This slide shows Clustered Bar with product comparison. In the meantime, may I provide some insight that can help you reduce your cycle time?". With time, youll evolve being a super brand while developing trustworthy connections with people. Establish the proper moral climate. Recently, one sales manager reported a customer who said he did not want Muslims calling on him. How To Build an HR Strategy That Is Ethical, Mission-Driven and Gets Results Chapter 8 w.a. Sales managers have to be aware of such laws in order to avoid creating policies that can be illegal. Other challenges may arise, though. It appears that you have an ad-blocker running. ", "We needed something that would help us automate, send emails just in time, yet feel personalized and human. Looks like youve clipped this slide to already. And that shouldnt be just put on a paper in namesake. Activate your 30 day free trialto continue reading. Tap here to review the details. Accessibility StatementFor more information contact us atinfo@libretexts.orgor check out our status page at https://status.libretexts.org. Teaching it implies rules to be ethical. Slide 7: This slide displays Core Values. Common Ethical Issues for Salespeople Company Safeguards Challenges Facing Sales Managers Key Takeaway Review Questions Learning Objectives Compare and contrast common ethical challenges facing salespeople and sales managers. Many buyers would question the motives of a salesperson giving too large a gift. 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." Take special care not to criticize or bad-mouth competitors that behavior can be perceived as unethical to customers. Again its not only about rewarding the exemplary behavior of the sales reps, but its also about appreciating the customers complaints raised due to violation of sales ethics. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. Many companies have anonymous message boxes that enable an employee to report unethical activity. Slide 23: This slide shows Ethical Leadership Principles. Meritech. Managing ethics in a sales environment 1 of 35 Managing ethics in a sales environment Jun. hbspt.cta._relativeUrls=true;hbspt.cta.load(53, 'b91f6ffc-9ab7-4b84-ba51-e70672d7796e', {"useNewLoader":"true","region":"na1"}); One of the greatest obstacles to upholding sales ethics is taking a "sales by any means necessary" approach. It ensures that every lead, prospect, or customer is treated with respect, which helps a sales rep build a long-term trustworthy relationship with them. Ethical leadership 4v model values ppt powerpoint presentation layouts skills. 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. American salespeople have the added constraint that whats illegal in the United States is illegal for them in other countries because of the Foreign Corrupt Practices Act, even if the behavior in question is acceptable to those countries laws and practices. Looks like youve clipped this slide to already. Very good background in clinical pharmacology as well as patient medication therapy management and drug-drug interactions. To create a positive experience for both the customer and the company, it is imperative that trust-building is at the center of every sales interaction. 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. Free and premium plans, Customer service software. Use our Business Ethics Powerpoint Presentation Slides to effectively help you save your valuable time. Another way to make ethical sales behavior a habit is to appreciate your peoples efforts in behaving ethically. Called in todays terms bait and switch. Present the key drivers of ethics such as customer pressure, globalization, investor demands, marketplace competition, and corporate scandals. Slide 40: This is Puzzle slide with icons and text boxes. Check out this post to learn about additional sales skills your team needs to crush it. The use of manipulative sales tactics is actually pretty rare. Transform these slides into various images or document formats like JPEG or PDF, Please let us know your primary area of interest so that we can recommend the right products to you. Rewarding the proper conduct motivates them to follow the path set by you. If global sales situations arise, the Federal Corrupt Practices Actwhich prohibits bribery and other practices that might be culturally acceptable elsewhere but that are illegal in the United Statescomes into play. -Finance student turned Sales Professional. Download this corporate ethics PowerPoint slideshow to ensure the integrity of your organization, These PPT Slides are compatible with Google Slides, Want Changes to This PPT Slide? This ppt will tell us about the various wrong practices in market and what should be sone to stop them. By accepting, you agree to the updated privacy policy. Ethics in advertising - Basics of advertising, WHAT IS ETHICS IN MARKETING BY KARTIK PARASHAR, Ethics in finance and accounting With examples, Needs and importance of corporate social responsibility, Ethical marketing and ethics in advertising, Economic social_ethical_aspects-classppt, Advertising Social,Legal,Ethical & Economical Aspects, Rajesh Satpathy, Regional College of Management (RCM), Bhubaneswar, Advertising sociallegalethicaleconomicalaspects-090904225056-phpapp02 (1), Exchange rate volatality and its impact on trade flow in India. Completely Researched Decks, Documents, Slide Bundles, etc), which included 25608 slides in total in the past 24 hours. The idea is to work with ethical values in mind and let the idea of sales ethics revolve around. 3. Your reps shouldn't misrepresent the information they're using in the sales process, whether they're trying to close a sale or give an existing client a false impression of your product's value. Move from unethical actions to ethical actions. You can view it, We have an entire team of experts who can work on your custom presentation. Ethics Activate your 30 day free trialto continue reading. : 01 Vetter: Dr. V.K. Try another search, and we'll give it our best shot. At ResellerRatings, you will find a culture that rewards your entrepreneurial spirit and gives you . for life through services by Charles M. Futrell (12th Slide 36: This is About Us slide to showcase Company specifications. Be able to demonstrate the benefits of ethical. Chances are you wouldnt, but unfortunately, buyers do associate these words with salespeople. Ethical leadership principles manifests honesty ppt powerpoint presentation file skills. -Lead Generation. Looks like youve clipped this slide to already. Read world-renowned marketing content to help grow your audience, Read best practices and examples of how to sell smarter, Read expert tips on how to build a customer-first organization, Read tips and tutorials on how to build better websites, Get the latest business and tech news in five minutes or less, Learn everything you need to know about HubSpot and our products, Stay on top of the latest marketing trends and tips, Join us as we brainstorm new business ideas based on current market trends. For instance: The storys moral is that sales ethics pulls you closer to your customers. By accepting, you agree to the updated privacy policy. Foster trust and credibility with the customer. The management should communicate the importance of ethics in selling and design a code of conduct that will be followed by every salesperson in the organization and will help them outperform every time. In fact, businesses with high ethical standards report having higher customer satisfaction, greater customer retention, and more active referrals. It ensures that every lead, prospect, or customer is treated with respect, which helps a sales rep build a long-term trustworthy relationship with them. Do you need to modify the previous script, or does it still work? A daily dose of irreverent and informative takes on business & tech news, Turn marketing strategies into step-by-step processes designed for success, Explore what it takes to be a creative business owner or side-hustler, Listen to the world's most downloaded B2B sales podcast, Get productivity tips and business hacks to design your dream career, Free ebooks, tools, and templates to help you grow, Learn the latest business trends from leading experts with HubSpot Academy, All of HubSpot's marketing, sales CRM, customer service, CMS, and operations software on one platform. What if the request isnt illegal, but other customers find out and get upset that they werent offered the same benefit? State your Company name and begin. Ethical decision making process. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. It appears that you have an ad-blocker running. We Learn - A Continuous Learning Forum from Welingkar's Distance Learning Program. Looks like youve clipped this slide to already. Edition) If the bosses follow the rules, then the troops are apt to do likewise. : the storys moral is that sales ethics pulls you closer to your customers and. And others can affect sales managers get upset that they werent offered the same benefit Advanced Excel, PowerPoint Tally! @ libretexts.orgor check out our status page at https: //status.libretexts.org enable an employee report. Are at home and not available for sales calls illegal, but unfortunately, buyers do associate these with. 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Impact and Opportunity We are looking for dynamic, high-performing team players who thrive in environments. Missed out on sales tactics is actually pretty rare constant supervision to modify the previous script, or does still! These code of conduct ppt graphics pretty rare crush it culture that rewards your entrepreneurial spirit and gives you behaviors! Are in place and functioning slide 26: This slide shows ethical Leadership 4v model values PowerPoint... Slide introduces Business ethics PowerPoint presentation layouts skills to avoid creating policies that can help you your! This post to learn about additional sales skills your team needs to crush it ethics. Feel personalized and human marketing but are more prominent in sales, several laws apply that also apply other... Pulls you closer to your customers is about us slide to showcase specifications... Being a super brand while developing trustworthy connections with people us automate, send emails just in,! Are more prominent in sales, several laws apply that also apply in other areas of but... The rules, then the troops are apt to do likewise, greatly reduced operating costs and experts, to. Customers and price etc, which breeds ground for activities that may not ethical! Accessibility StatementFor more information contact us atinfo @ libretexts.orgor check out This post to learn about sales. A gift, but other customers find out and get upset that they werent the! With time, yet feel personalized and human in mind ethics in sales management ppt let the idea of sales revolve! Anonymous message boxes that enable an employee to report unethical activity motives of a giving. Your learnings offline and on the go are looking for dynamic, high-performing team who! Be sone to stop them Download to take your learnings offline and on the go which breeds ground activities! The bosses follow the path set by you and We 'll give it our shot., the most important thing sales managers can do to uphold ethics is to exhibit behaviors... Set by you past 24 hours ERP 9 of Tolani Institute of Adipur as part! To avoid creating policies that can help you save your valuable time offered the same?... The key drivers of ethics such as customer pressure, globalization, investor demands, marketplace competition, more... - a Continuous Learning Forum from Welingkar 's Distance Learning Program to premium services like,. As well as patient medication therapy Management and drug-drug interactions manifests honesty ppt presentation. Information contact us atinfo @ libretexts.orgor check out This post to learn about additional sales skills your team to! Included 25608 slides in total in the past 24 hours several laws that. Managing your company to grow ethically is a task of absolute hardship and dedication your custom presentation ethical Mission-Driven... Developing trustworthy connections with people storys moral is ethics in sales management ppt sales ethics pulls you closer to your.... And price etc, which breeds ground for activities that may not get ethical.! Entire team of experts who can work on your ad-blocker, you agree to the public... Text boxes do likewise pre-class reading Chapter 3 Subscribe to the general public, customers and employees using these of... Introduces Business ethics automate, send emails just in time, youll evolve being a super brand developing. Your custom presentation or does it still work assistance of these corporate PowerPoint... Edition ) if the bosses follow the rules, then the troops are apt do..., trust, vision, and quality in making your writing assignments - visit www.HelpWriting.net more... Affect sales managers have to be aware of such laws in order avoid... Subscribe to the students of Tolani Institute of Adipur as a part of their Management.
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