Showing posts with label marketing. Show all posts
Showing posts with label marketing. Show all posts

Saturday, June 20, 2015

Introduction to Sales - The Roles of Sales and Marketing

Full course: https://www.udemy.com/introduction-to-sales/?couponCode=PROMONOW
The roles of sales and marketing Companies rely on sales to generate income. Whether the product is tangible, like a laptop computer, or intangible, like an insurance policy, it needs to be sold. Sales and Marketing Departments So, sales is linked to marketing. And, it is the Marketing Department's responsibility to create the image and identify the market for the product.

But this is not our focus now. Sales, as a function, is used to communicate the image that marketing has created for the product. The Sales Department will take the product and sell it to the market. The sales pitch will emphasize that this is the right product, at the right time and price, and in the right place.

 The Roles of Sales and Marketing The roles of sales and marketing can differ greatly depending on the organization and the type of product it's selling. For instance, if a company is selling magazine subscriptions, it's less likely to require field sales representatives. Sales of the service would be more marketing-oriented and based on direct mail, Web-based advertising, and TV, radio, and print advertising.

 However if the company was selling a new pharmaceutical product, it might have more of an emphasis on sales. Direct marketing might be less effective for this type of product. Organization Focus and Interactions Organizations are often said to be either sales or marketing focused, based on which function has the larger budget.

Examples of sales organizations are pharmaceutical companies and consultancy companies, while marketing organizations can include consumer product companies and travel and leisure companies. Many Sales and Marketing Departments interact closely and frequently. After all, they have the same single goal – to get customers to buy the product.

It's up to the Marketing Department to create a coherent strategy to sell the product, then the Sales Department will have to do the actual selling. Exercise - Emphasis on Customers In the Sales Department of your own organization or one you can quickly identify based on your information about it, how much emphasis do you think is placed on developing a rapport with customers? Is it… 1 - Highly emphasized? 2 - Occasionally encouraged? 3 - Or, not considered to be essential? (...)

 Full course: https://www.udemy.com/introduction-to-sales/?couponCode=PROMONOW

Tuesday, May 12, 2015

12 Steps Business Case Development - Marketing Components

Full Course: https://www.udemy.com/12-steps-business-case-development/?couponCode=BL12BC


When evaluating your business case, company decision makers are interested in how your proposed project intends to reach customers and create sales.

Marketing Components
You present this information within the marketing components section of your business case.

The business case should include five marketing components: the research plan, project features and benefits, the creative plan, the marketing communications plan, and the sales plan.

The research plan details how your team intends to gather and analyze information about existing customer needs.

The project features and benefits component outlines the features and benefits that the project will bring to the organization, such as increased inventory turnover, access to new customers, and reduced staffing levels.

The creative plan outlines how your team is going to inform customers about your product. This plan should be simple, memorable, and focused on the benefits of the proposal.

The marketing communications plan details how time and money will be allocated to distributing product information to customers.

The sales plan communicates strategies for acquiring new business, growing existing business, and making or exceeding sales.

Full Course: https://www.udemy.com/12-steps-business-case-development/?couponCode=BL12BC