Modification History
Not applicable.
Unit Descriptor
Unit descriptor |
This unit describes the performance outcomes, skills and knowledge required to ensure a retail or wholesale business maximises sales of branded products using traditional or electronic sales and distribution mechanisms. |
Application of the Unit
Application of the unit |
This unit focuses on setting sales objectives, developing promotional strategies, monitoring sales and ensuring outcomes are achieved. |
Licensing/Regulatory Information
Not applicable.
Pre-Requisites
Prerequisite units |
Nil |
Employability Skills Information
Employability skills |
The required outcomes described in this unit contain applicable facets of employability skills. The Employability Skills Summary of the qualification in which this unit is packaged will assist in identifying employability skills requirements. |
Elements and Performance Criteria Pre-Content
Elements describe the essential outcomes of a unit of competency. |
Performance criteria describe the required performance needed to demonstrate achievement of the element. Where bold italicised text is used, further information is detailed in the required skills and knowledge and/or the range statement. Assessment of performance is to be consistent with the evidence guide. |
Elements and Performance Criteria
ELEMENT |
PERFORMANCE CRITERIA |
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1 |
Set sales objectives to achieve business outcomes. |
1.1 |
Set sales objectives for branded products to achieve business outcomes . |
1.2 |
Establish frameworks to review and monitor sales objectives for branded products. |
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1.3 |
Determine factors causing variations in sales figures for branded products. |
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1.4 |
Determine specific branded product needs with customer representatives . |
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1.5 |
Adjust sales plan for specific branded products to meet customer or market needs . |
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1.6 |
Set sales priorities to achieve business outcomes. |
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1.7 |
Communicate sales for products or services to sales and service staff . |
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2 |
Monitor sales. |
2.1 |
Check sales reports for branded products according to business policy and procedures . |
3 |
Develop strategies for promotion of branded products. |
3.1 |
Develop commercial strategies for branded products consistent with budget, market share, performance against previous periods, sales strategies and marketing plans. |
4 |
Ensure sales of branded product deliver business outcomes. |
4.1 |
Analyse factors limiting the success of sales strategies for branded products. |
4.2 |
Achieve sales objectives and targets in business and marketing plans. |
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4.3 |
Achieve business outcomes for products or services. |
Required Skills and Knowledge
REQUIRED SKILLS AND KNOWLEDGE |
This section describes the essential skills and knowledge and their level, required for this unit. |
The following skills must be assessed as part of this unit:
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The following knowledge must be assessed as part of this unit:
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Evidence Guide
EVIDENCE GUIDE |
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The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, the range statement and the Assessment Guidelines for this Training Package. |
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Critical aspects for assessment and evidence required to demonstrate competency in this unit |
Evidence of the following is essential:
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Context of and specific resources for assessment |
Assessment must ensure access to:
policy and procedures manuals sales reports
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Methods of assessment |
A range of assessment methods should be used to assess practical skills and knowledge. The following examples are appropriate for this unit:
Holistic assessment with other units relevant to the industry sector, workplace and job role is recommended. |
Assessing employability skills |
Employability skills are integral to effective performance in the workplace and are broadly consistent across industry sectors. How these skills are applied varies between occupations and qualifications due to the different work functions and contexts. Employability skills embedded in this unit should be assessed holistically in the context of the job role and with other relevant units that make up the skill set or qualification. |
Range Statement
RANGE STATEMENT |
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The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording in the performance criteria is detailed below. |
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Sales objectives may vary according to: |
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Brand may include: |
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Business outcomes may include: |
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Customer representatives may include: |
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Customer or market needs may vary according to: |
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Staff may include: |
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Reports may include: |
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Business policy and procedures may relate to: |
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Commercial strategies may include: |
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Unit Sector(s)
Sector |
Cross-Sector |
Competency field
Competency field |
Product Management |