A. Marketing merely reflects the needs and wants of customers. It is not a marketing employee’s responsibility to follow up with a salesperson’s existing customer once the lead has been handed off, nor is it their responsibility to convert a lead to a sale, “close the deal,” or make sure the client remains a client for many years.
Regarding the second argument ‘Marketing shapes consumer needs and wants.’ I have to also agree with this statement. There are various criteria that companies use to segment their products and some of them are geographic, demographic, psycho graphic and behavioral.
Companies also take advantage of world events or changes in the economy to come out with new products. Unfortunately, most people settle on mostly one phone-based marketing activity – cold calling. I’d like to present to you a way to use Maslow’s needs pyramid so that you can get inside the consumer’s mind and develop an understanding of what’s truly motivating them as they consider purchasing your product or service.
You wouldn’t engage in marketing if you had nothing to sell, and your sales strategy would be much less informed and successful if not for your marketing efforts. Marketing theory is the science of marketing. A common mistake made by older, more established businesses is to assume that salespeople are skilled at marketing and that marketing people are skilled at making sales.
Marketing Theory Without Execution
Planning for the year ahead is never an easy task. Companies also create brands and these brands have an effect on people’s purchasing habits. When we skip over strategy and start executing based upon abstract marketing theory, we’re shooting in the dark hoping we hit something, but we rarely hit the thing we want to hit.
It is important to note here that the retention function of a marketing department doesn’t really overlap the retention efforts of a sales team. Marketers, through the ages, have identified who their customers are, and directed their efforts at influencing their buying decisions.
Yes, many old-school salespeople (or go-getter small business entrepreneurs) are quite capable of drumming up business on their own, and may even have some tried-and-true marketing tactics up their sleeve – but few have the time, skill, or technological resources to effectively capitalize on the true potential of their market.
The Key To Make Your Marketing Message Stand Out
One of the basics of all marketing and advertising training is a teaching of “Maslow’s needs pyramid”. This has proved to be a very successful tactic for companies in marketing. In the hierarchy of the business food chain, sales and marketing should not be seen as rivals or equals, but counterparts. Service channels are needed to effect transactions with the consumers and these could be banks for credit card purchases and transportation companies such as UPS to deliver the products to homes and businesses.
Once you have your MLM marketing plans and overall time management plan in place then do your best to stick to it. Try not … Read More..