NTISthis.com

Evidence Guide: SIRXSLS004 - Drive sales results

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

SIRXSLS004 - Drive sales results

What evidence can you provide to prove your understanding of each of the following citeria?

Review current operations.

  1. Analyse external retail market place to determine factors impacting sales.
  2. Obtain and review organisational sales strategy.
  3. Review current sales targets and performance and contributing factors that impact sales.
  4. Obtain feedback from existing customers on current product and service offerings.
  5. Analyse information to inform plans to drive sales.
Analyse external retail market place to determine factors impacting sales.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Obtain and review organisational sales strategy.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Review current sales targets and performance and contributing factors that impact sales.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Obtain feedback from existing customers on current product and service offerings.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Analyse information to inform plans to drive sales.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Develop a plan to drive sales.

  1. Identify potential customer traffic generators to attract new customers.
  2. Determine how to retain and develop repeat business from existing customers.
  3. Consult relevant stakeholders for input into sales plan.
  4. Develop a plan to grow sales from new and existing customers.
Identify potential customer traffic generators to attract new customers.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Determine how to retain and develop repeat business from existing customers.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Consult relevant stakeholders for input into sales plan.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Develop a plan to grow sales from new and existing customers.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Implement and monitor sales plan.

  1. Communicate plan to relevant personnel delegating key responsibilities.
  2. Schedule activities and resources to drive sales.
  3. Undertake planned sales activities and support sales teams in creating a selling environment.
  4. Monitor plan against targets and adjust as required.
Communicate plan to relevant personnel delegating key responsibilities.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Schedule activities and resources to drive sales.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Undertake planned sales activities and support sales teams in creating a selling environment.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Monitor plan against targets and adjust as required.

Completed
Date:

Teacher:
Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Review current operations.

1.1.Analyse external retail market place to determine factors impacting sales.

1.2.Obtain and review organisational sales strategy.

1.3.Review current sales targets and performance and contributing factors that impact sales.

1.4.Obtain feedback from existing customers on current product and service offerings.

1.5.Analyse information to inform plans to drive sales.

2. Develop a plan to drive sales.

2.1.Identify potential customer traffic generators to attract new customers.

2.2.Determine how to retain and develop repeat business from existing customers.

2.3.Consult relevant stakeholders for input into sales plan.

2.4.Develop a plan to grow sales from new and existing customers.

3. Implement and monitor sales plan.

3.1.Communicate plan to relevant personnel delegating key responsibilities.

3.2.Schedule activities and resources to drive sales.

3.3.Undertake planned sales activities and support sales teams in creating a selling environment.

3.4.Monitor plan against targets and adjust as required.

Required Skills and Knowledge

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Review current operations.

1.1.Analyse external retail market place to determine factors impacting sales.

1.2.Obtain and review organisational sales strategy.

1.3.Review current sales targets and performance and contributing factors that impact sales.

1.4.Obtain feedback from existing customers on current product and service offerings.

1.5.Analyse information to inform plans to drive sales.

2. Develop a plan to drive sales.

2.1.Identify potential customer traffic generators to attract new customers.

2.2.Determine how to retain and develop repeat business from existing customers.

2.3.Consult relevant stakeholders for input into sales plan.

2.4.Develop a plan to grow sales from new and existing customers.

3. Implement and monitor sales plan.

3.1.Communicate plan to relevant personnel delegating key responsibilities.

3.2.Schedule activities and resources to drive sales.

3.3.Undertake planned sales activities and support sales teams in creating a selling environment.

3.4.Monitor plan against targets and adjust as required.

Evidence of the ability to complete tasks outlined in elements and performance criteria of this unit in the context of the job role, and:

develop and implement a plan to retail drive sales that includes:

comprehensive overview of current operations:

sales process and selling environment

average spend and conversion rates

stock levels in relation to customer demand

customer feedback

trends in consumer behaviour

competitor activity

economic activity

organisational sales targets

traffic generators for new customers

tactics to retain existing customers

tactics to increase average spend and conversion rates

monitor and review sales results against a sales plan for one sales period and identify areas for improved sales performance.

Demonstrated knowledge required to complete the tasks outlined in elements and performance criteria of this unit:

key elements and features of a sales plan

internal factors impacting on sales

external factors impacting sales in the retail environment:

trends in consumer behaviour

competitor activity

economic activity

role of customer feedback in growing sales

customer traffic generators

techniques for growing sales within the retail environment for:

new customers

existing customers

increasing average spend and conversion rates

marketing activities and their role in sales:

promotions

social media campaigns

advertising campaigns.