| Sales
Versus Marketing
Unfortunately, many companies
do not embrace the idea of marketing as they do the theory of "selling."
"Sales makes money. Marketing
spends money." That's on old perception...one that is dangerous for today's
competitive marketplace. Companies that sell on the merits of their salespeople
alone are in for rough times and will never realize the sales strength and potential
of the company that understands that marketing is crucial to its success.
Marketing sells the company
as a whole. "Sales" sells the salesperson. How many companies fight to keep
key clients when salespeople leave? That's because they've sold the salesperson,
not the company and its products and services. Marketing builds a relationship
built on the credentials and performance of the company. It builds a a relationship
that is not threatened by the loss of a salesperson.
To market your company effectively,
you must be willing to commit time and patience. Because marketing does not
consistently produce instant gratification, it is sometimes viewed ineffective
and a waste of resources after only a short time. But when we consider the cost
of a marketing campaign that can reach 5,000 or 100,000 prospects in a matter
of days or an instant and compare that to the cost and time it would take for
a salesperson to personally visit the same people, it's easy to see the benefits
of marketing. Sales is an expense, too, like anything else. In fact, some studies
report that the average sales call costs the company over $200 each visit!
Successful companies incorporate
both marketing and traditional sales in their overall campaign to promote the
products and services of the company. Fortunate are the salespeople who have
a campaign working in concert with their efforts so when a new prospect is approached
he/she is familiar with the company. Fortunate is the marketing director who
has salespeople enforcing their marketing message.
So the first step in devising
your annual business plan is to re-think your ideas--your paradigms--about marketing
and consider how they can impact your sales goals for the year.
Consider these questions
in particular: Why do customers buy our products/services? How and how often
do our customers hear from us? Are we getting as much new business as we would
like? Could we sell more to existing customers?
If you would like to see
improvement in any of these areas, give us a call. We can help you coordinate
an entire plan or just a project.
Copyright Lauron Sonnier,
1999.
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