Tag: Market

  • Phentermine: An Effective Drug for Weight Loss in an Organic Way

    Phentermine: An Effective Drug for Weight Loss in an Organic Way

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    Weight gain and obesity is a major problem these days, and the basic reason behind it is a bad lifestyle. However, with proper diet, calorie counting, and exercise one can reduce their weight effectively if one follows a strict routine. But many times it is seen that losing weight can be a lot more difficult, and in that case, one can take help of some of the best weight loss drugs. One such weight loss drug is phentermine, and it is used along with a regular diet which is strict on sugar and fat and daily exercise.

    About phentermine

    Phentermine is a weight loss supplement or drug which is approved by the FDA, which can be found in the form of phentermine pills from authentic online stores. Initially, it was combined with some other weight loss drugs and formed a supplement called fen-phen. It is very similar to the amphetamine and should be used in a controlled way. Sometimes phentermine is combined with topiramate to make it more effective.

    It is usually used for a certain time period, and the most common dosage time is of 12 weeks. With regular consumption of this drug, one can lose from 5% to 10% of the body fat for an overweight or obese person whose BMI is either more than 27 or 30 in case of obesity.

    After gradual use one can see their weight decreasing, lessening of the circumference of their waist and even control over blood sugar level.

    Working of phentermine

    This drug is basically effective in reducing one’s appetite, means it is an appetite suppressant. In medical term, they belong to anorectics class. Now that these drugs reduce one’s appetite, a person will eventually eat less and will have less cravings of unhealthy and fatty foods. Phentermine reacts on the neurological level, as it can increase the concentration of neurotransmitters in the body. Increased levels of neurotransmitters like dopamine, serotonin, and norepinephrine lead to loss of hunger and cravings in a person. One can get the diet pills phentermine prescribed online by an authentic website easily and hence can start their routine as soon as possible.

    Benefits

    Now that getting phentermine no prescription is so easy and can be found everywhere, one should be careful with them too as it is quite easy to develop a resistance towards it.

    But if taken in proper doses and for a fixed time period they can have their benefits too. Some of such benefits are:

    • One can attain their target body weight, which leads to a happy and healthy lifestyle and also helps in preventing various diseases which are caused due to obesity.
    • Now one will not have to undergo medication for a longer time period as phentermine shows result within a short term only.
    • Unlike other prescription drugs, it will not make anyone feel tired and exhausted.
    • And the biggest advantage of phentermine is that after stopping the prescription dosage one will not gain unnecessary weight just like other stimulants and weight loss drugs in the market.

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    Source by Shalini M

    Views: 0

  • The Power Of Pocket Money

    The Power Of Pocket Money

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    Kids have always loved the thrill of receiving their very own pocket money to spend however they like. From saving up to buy the toy they’ve had their eye on for weeks to the quick delight that comes from waving around a bubble sword or getting stuck into a new puzzle book, hours of fun can come from the simplest of things.

    Halifax, which has conducted an annual pocket money survey since 1987, suggests the average amount kids receive is now £7.01. And in today’s financial climate, pocket money can be a good way to teach children to be careful with their cash and learn how to make it go further. Advance education about the importance of saving and an understanding of money has been shown to give children a head start when it comes to money management in later life.

    But it’s not just the kids that are jumping onto the pocket money bandwagon.

    Parents are also opting to turn away from bigger box items. After all, there’s nothing more frustrating than shelling out on an expensive toy only to see your child tire of it after half an hour. Especially when it takes so long to undo all the wasteful packaging!

    The growing trend for pocket money toys means a wider variety for the smaller customer, and it’s a great way for parents to get the latest fad without breaking the bank.

    One pocket money item that has seen incredible growth in sales is slime and putty. Venture onto YouTube and you’ll find millions of videos of kids playing with it. In fact, there are even global slime conventions throughout the world off the back of this massive craze and there is no sign of it slowing down. Global sales are still rising and the popularity of this realtively simple and inexpensive toy is still growing. With thousands of variations – magnetic slime, rainbow slime, glow in the dar slime and more this is the craze that should go for many months more.

    Of course, certain toys are timeless and will never go out of fashion. Spinning tops, tumbling tower games, marble drops and classic board games have captured children’s imaginations throughout the years and continue to be just as popular today as they ever were.

    Another range that has been adapted for the pocket money market is the educational toy. It’s no secret that play is a great way to help children learn and toys are continually evolving to support this trend with more and more unique playsets and experimental kits to keep them entertained.

    So to summarise, think twice before thinking you need to shell out large sums of money to keep your kids happy. Sometimes a £1 pot of slime will bring just as many smiles.

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    Source by Vicky Walmsley

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  • 6 Key Elements of Customer Relationship Marketing

    6 Key Elements of Customer Relationship Marketing

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    Customer Relationship Marketing (CRM) is a highly topical and relevant way of thinking about marketing. It is relevant because of the internet, and the impact it has had on the way marketing is carried out by businesses.

    In this article, I’d like to look at six of the key conceptual elements which under-pin the CRM approach.

    Element 1: Customer Differentiation

    As its’ name implies, CRM is a customer centric approach to business. With this approach, a company is aiming to differentiate its’ product or service offering by customer profile. Instead of a more conventional approach, where a company differentiates primarily by its’ products or services.

    Element 2: Long Term Emphasis

    The aim here is to build a relationship with a customer over a period of time. This approach dove-tails very well with many Inbound Marketing strategies which are used on the internet.

    This ongoing relationship has both cost and revenue benefits. On the cost side, it is almost always less expensive to market to an existing customer, than find a new one. The reason is simple; they already trust your organisation.

    Element 3: Continuing Transactions

    This is in some ways related to element two above. Rather than seeking one-off transactions with customers aim for multiple transactions. This may be in the form of cross-sales, add-on sales etc. Or it may be that you become a preferred supplier for a given niche product or service.

    Sometimes, this is an economic necessity, as the cost of getting a first transaction is so high, that only repeat sales make the process worthwhile.

    Element 4: Two-Way Communication

    A core element in the building up of meaningful customer relationships is their ability to stay in touch with a company. With the advent of social media, email and SMS, this is even easier. This technology allows the communication to become more of a two-way process. And it is the customers who are just as likely to initiate a communication as is the organisation.

    This is a great way to get real feedback of people’s wants and needs. And it ties in well with element one above; creating customer centric products and services.

    Element 5: Retention Focus

    With the CRM approach, a company is focused more on how to retain customers as opposed to simply how to acquire more customers. Aiming for a low customer churn rate is seen as highly desirable, and it is very often a cost effective way of doing business.

    This feature again ties in well with the shift in power between buyers and suppliers that the internet has created. Buyers are no longer dependent on supply companies to tell them what’s available. They can go to the internet and do their own research, and share stories with other people who have used a product or service.

    Element 6: Share of Values

    By aiming to share a value set with their customers, companies can build strong relationships. These strong relationships translate into a clear brand identity, which transcends the ability of organisations to simply buy loyalty with advertising or special offers.

    Summary

    In summary, CRM is a major shift in marketing practice, from mass marketing to individualized marketing. The focus has shifted from acquiring lots of new customers to retaining and building more business from a smaller base of loyal high-value customers.

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    Source by David R Durham

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  • Daddy Daughter Fun Ideas to Heal and Grow the Bond for Life

    Daddy Daughter Fun Ideas to Heal and Grow the Bond for Life

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    Why it just has to be a one day for daughters to gel up with their fathers when it can be done almost on daily basis. It doesn't take much of time for daughters to sit with their fathers and create a great bonding for life. It takes tad bits or steps from the part of fathers and their daughters to create a bonding or connection that is eternal and hard to break. Even when the fathers are busy catching up with their day to day life deeds, their daughters shouldn't be left ignored even for a minute because the relationship between the two is very important to maintain since the beginning. Down below are the few daddy daughter fun ideas or activities that can help the duo to nurture and heal their relationship for life without stressing upon the factor like time.

    Watching Any TV Show Together

    The duo can enrich their bond by indulging in a habit of watching some kind of TV show together. This gala time will help the duo to interact with each other and reveal their areas of interests and likings. This activity doesn't require much of time and energy. Fathers even after a tiring day at work can just make a little time at the end of the day to widen that smile on the face of their daughters.

    Long Strolls around Market or Park

    Apart from watching TV, the duo can go for the walk around the park and can utilize the remaining day's time to interact with each other whilst going around the market to buy some grocery or home improvement item maybe. The deal here is to just go for it and make it happen. This small act will help in improving the relationship between the two.

    Picnic at the Beach

    Daughters are never too old to go for a picnic at the beach. If the schedule doesn't give much of time to interact with the daughters, then it is the best idea to plan for some picnic on weekend. The weekend time will give ample of time and opportunity for the pair to walk in each other's shoes. This quality time will help the bond between the two to improve and strengthen or deepen for life.

    The above are the few minimalistic approaches and ideas that are huge enough to create a big impact on the lives of the father daughter pair. If the duo wants to go for more methods and ideas, then there are various father daughter event planners that provide weekend activities ideas to make the relationship between the duo to be stronger and healthy.

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    Source by Karanveer Rawat

    Views: 0

  • Economic Perspective on Entrepreneurship

    Economic Perspective on Entrepreneurship

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    The concept of entrepreneurship is multifaceted. There are varied, diverse and somewhat contradictory sets of definitions of the term. As a way out the definitional dilemma, this article aims to explain the economic perspective on entrepreneurship.

    The economic perspective rests on certain economic variables which include innovation, risk bearing, and resource mobilization.

    Innovation/Creativity In this approach, entrepreneurs are individuals who carry out new combination of productive resources. The key ingredient, the carrying out of new combination (or innovation) distinguishes entrepreneurs from non-entrepreneurs. While new venture creation appears as the most prevalent form of entrepreneurship, there exist other forms. Entrepreneurship also involves the initiation of changes in the form of subsequent expansion in the amount of goods produced, and in existing form or structure of organisational relationships.

    In the entrepreneurship literature, some scholars have questioned the use of organization creation as criterion for entrepreneurship. It has been argued that organizations such as political parties, associations and social groups are always created by people who are not “entrepreneurs.” Interesting as it might sound, the terms entrepreneurship and entrepreneur have been adopted by varied scholars to meet the innovation and spirit of the time. This is evidenced by attempts to apply entrepreneurial thinking to contemporary team-oriented workplace strategies. Members of such groups – political parties, associations and social groups – therefore, could be called entrepreneurial teams. Besides, activities inherent in such groups have flourished in recent years, and are increasingly being described as social entrepreneurship.

    Risk Taking This is another economic variable upon which the economic perspective revolves. Risk taking distinguishes entrepreneurs from non-entrepreneurs. Generally, entrepreneurs are calculated risk takers. They bear the uncertainty in market dynamics. This notion has its critics and advocates. Entrepreneurs may not necessarily risk her own funds but risk other personal capital such as reputation and the possibility of being more gainfully employed elsewhere.

    Resource Mobilization here, entrepreneurship is reflected in alertness to perceived profit opportunities in the economy. This implies the allocation of resources in pursuit of opportunities with the entrepreneur playing the role of an opportunity identifier. This way, entrepreneurs are distinguished by their ability to identify persistent shocks or challenges (of long term opportunities) to the environment, and then to synthesize the information and take decisive actions based upon it.

    This article has conceptualized entrepreneurship based on resource mobilization, risk taking, and innovation. Beyond the above-mentioned economic variables, entrepreneurship can also be viewed based on a set of personal characteristics, motives and incentives of the actor in the entrepreneurship act. This is the psychological perspective, the subject of a future article. In addition to the psychological perspective, we shall also examine the process and small business perspectives.

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    Source by Benjamin C Atuma

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  • Mindset For Entrepreneurship

    Mindset For Entrepreneurship

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    When you're marketing things, mindset is at least 80% of the game. We could quibble about the number all day, but eventually we'd have to agree: mindset is a big part of marketing.

    But what is really meant by this term?

    Well, I mean the ways that you think, feel, and act in relation to things in the world. And in that case, mindset is a woefully inept term to describe this idea! However, it's the colloquial word for what I'm talking about. So, bear with me.

    By mindset, I mean what most people would describe as your personality and the ways you mentally and physically interact with the world. Most people just think about the states and what it feels like, etc. I think this is really only half the issue. The other half is how that causes you to act. Our thinking, feeling, and behavioral systems are all interconnected into one system: the human being, ie you and me.

    How does mindset affect Internet marketing?

    Internet marketing is one of the few areas of life that is only limited by the amount of work you're willing to put in and the market's response to it. Which is pretty cool; however, this also means that you're your own worst enemy. Therefore, to succeed at Internet marketing, you've got to get your head right.

    Until you "get your wits about you", it can be very difficult to make Internet marketing work for you. This is why I say that mindset is paramount to your success. You stand in your way far more than other marketers or issues do. "How are you blocking yourself?" is an important question to consider.

    How do you do this? How do you "get your wits about you?"

    The easiest way to get your thinking right is to get a coach or therapist to help you overcome all of your blocks one at a time in a way tailored specifically to you.

    I think this is a great approach if you have the time and the money. Most people do not. A great second option is to look into training programs, audios, videos, courses, classes, eBooks, traditional books, etc.

    Definitely, you want to go to a live event or find someone to work with one-on-one first, but if this is not an option, non-live programs can be amazingly helpful.

    But regardless of how you approach this, it's all going to be the same basic process: focus on the end goal, make sure it's ideal for you, determine how to best get there, and then make a plan to get there (and overcome blocks as they arise).

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    Source by Joshua Howard

    Views: 0

  • Try These Tips If You Want To Succeed In Affiliate Marketing

    Try These Tips If You Want To Succeed In Affiliate Marketing

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    Affiliate marketing can be a great way to establish a good income with little or no overhead at all. Just a whole lot of honest hard work, dedication and of course, good information. This article is designed to provide you with some excellent advice on the business of affiliate marketing and help you find your way in and around it to a nice, consistent profit!

    Trying to market popular products online will not produce good results in your affiliate status. You want to have a good quality product but it does not have to be uber popular. Choosing very popular products means you will be in fierce competition ahead. You may be unable to make a profit.

    When selecting an affiliate marketing program, check out their resources in terms of sale-boosting items for you. A good affiliate program will offer you banner images, content for text ads, and letter templates, in order to help you boost sales. A sale for you is a sale for them, and you want to work for a company that understands your value as an affiliate.

    Try looking into secret links. There are plenty of including affiliate links into your text without them being completely obvious. Be transparent about them if you use links and take advantage of their use. Make sure your readers understand the reason for the link so there are no surprises.

    If someone visits a site about sports, they expect to see sports-themed news, ads, and merchandise. Only a sports-related link would benefit your affiliate site. If the site has relevant links, people will be more likely to access them.

    It is better to affiliate partners that put out products if possible. You are more affiliate revenue by working with businesses that have a larger variety of products which are interesting to your consumers. Avoid one-trick pony and fads.

    Anything you write during a marketing campaign or for your business, in general, should be written in plain, easy-to-understand language. Do not open the thesaurus and look for rarely-used words that make you seem a bit too snobbish. This is your Internet business, not a Newspaper. Readers want it simple.

    It is advisable for affiliate partners to use text services in order to gain greater commissions.

    A great affiliate marketing tip is to provide your real name and a working email address to your visitors and customers. Providing your name and email address will make you look credible, and you want to look as credible as possible in order to gain the trust of your visitors.

    If your site has a sports-related theme, your viewers are there for sports. Only a sports-related link would benefit your affiliate sites that are related to the products you market. Your visitors will follow a link that is relevant to the information on your site.

    Remember to always provide great, timely, valuable content that really gives your readers helpful and useful information. When you do this, your readers will have more faith in you and will be much more likely to want to do business with you. A great deal of affiliate marketing depends upon building a good relationship with your clients and proving yourself trustworthy and knowledgeable.

    Consider using paid advertising to get a jump start on your affiliate marketing program. Ads that are targeted towards keywords related to your site.

    One good way to evaluate a potential affiliate marketing partner is to examine the material they give to potential customers, such as their sales letter. You can learn a lot about an affiliate by seeing how they treat their customers. Think of yourself as a customer and ask yourself if the affiliate is someone you would buy from.

    It is so important that your readers trust you and your content. Readers support authors who provide them with quality contact by purchasing through your links.

    You don’t want to spend much time working on a company’s affiliate program only to never get paid or to discover that they mistreat referrals. Check the company’s reputation by visiting the appropriate blogs and user forums. Test communications through email and telephone. Do they promptly answer emails? Are they rude? Are phone calls put on eternal hold? They way they treat you is how they will likely treat the customers you refer to them.

    Create a hard deadline for consumers to buy certain affiliate products. When visitors feel time pressure, they are more likely to jump on the deal. This approach is likely to render a good strategy that may help improve your sales.

    A great affiliate marketing tip is to disguise your affiliate link. Sometimes marketers will try to scam you by simply changing your link around so that they’ll receive your commission. You can avoid this by disguising your link. An easy way to disguise your link is by making it redirect to a domain or page.

    You need to be quite aware of who is visiting your target audience is in affiliate marketing. You need to work to meet the needs of your message to resonate with your readers. Try to figure out what makes them visit your website and then expand on that knowledge. What specific things are they interested in?

    Do not make the mistake of focusing on just one sales technique. You might have the best blog in the world, but you are still losing out on customers who need a little more push or don’t like reading a blog. Advertise on other sites. Send out emails with value-added sales techniques to take people from prospects to customers.

    You should reveal your affiliate position to your readers. Being honest like this helps readers feel that they are sure to appreciate that.

    There may seem to be a million and one things to remember about affiliate marketing, so many different things to think of and take care of to cultivate your online earnings from it. Hopefully, this article has enlightened you somewhat, to the complexity and confusion and you are now ready to embark on a career change to affiliate marketing that could very well, change your life!

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    Source by Cameron Nyack

    Views: 0

  • The Power of Content Marketing

    The Power of Content Marketing

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    WHAT IS CONTENT MARKETING?

    Content marketing is described as a strategic approach to marketing that focuses on the creation and distribution of valuable, consistent and relevant content to attract a certain refined audience for profits in the consumer market.

    Most leading brands hire people with courses in content marketing to improve the branding of the product or service being marketed in the public domain and also benefits enterprises by increasing sales, cost saving and getting more and better consumers with higher loyalty.

    THE NECESSITY OF CONTENT MARKETING

    Marketing has revolutionized today due to the digitization of almost everything around us. Mass media is targeted to reach the specific audience for which the product or service has been catered for. Quality content is extremely essential for successful marketing along with a well-defined plan or strategy.

    Different forms of content marketing like social media marketing, search engines publishing quality and consistent content, successful PR strategies, inbound marketing etc. are dependent on a proper content strategy that helps deliver the perfect content for a curated or mass audience.

    Today, everything is digital. Marketing for almost anything, be it political, retail products or services, food or academic books etc., Everything is effectively and almost freely marketed via social media platforms like Facebook, Twitter, Instagram etc. Most of these social media websites and search engines pop up relevant ads according to the searches we make across the Internet.

    STATEGY FOR CONTENT MARKETING

    Content marketing must be smart so as to capture the attention of the target audience for the service or product. Targeting the youth on social media, the elderly via television and radio advertisements are some of the strategies for smart content marketing.

    The content must be designed in such a way so as to target the right audience in their mindset. Map the content for the product or service and then try to use the right type of content for the problem by mapping the buying cycle of people who have the specified problem and would be willing to venture into the product or invest in the service.

    VARITIES OF CONTENT

    Different types of content are available suitable for different marketing strategies like vlogs, videos, advertisements, billboards, surveys, email newsletters, posts on social media pages like Instagram, Facebook, Twitter etc., Polls, podcasts, quizzes, outreach programs, photographs, predictions, news etc.

    Each option has its own benefits and can be used according to the demand of the situation. The single main goal of marketing is to increase business revenue and there are numerous ways to achieve that.

    Content marketing requires creative brainstorming from professionals who can analyze the minds and thinking of the consumer to decide which approach is best to capture their attention. Interactive and creative content will definitely help make a product or service successful.

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    Source by Shalini M

    Views: 0

  • 2 Multi-Level Marketing Payment Structures

    2 Multi-Level Marketing Payment Structures

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    As of 2017, people all over the United States are becoming affiliated with the Multi-level marketing industry. As an entrepreneur, when you get involved in that industry, you get to sell products or services to the masses. If you are fortunate enough to see success, you can put yourself in position to see large returns.

    In my opinion, most people get involved in that type of industry and fail to educate themselves on the payment plan structures that are offered by the opportunities. Today I will share with you two different payment plan structures to help assist you.

    However, let me educate you on what that industry is all about. Multi-level marketing, abbreviated as MLM, can also be referred as network marketing and pyramid selling. This type of industry has developed a controversial reputation. Most people who join this type of industry fail because they are not educated on proper marketing techniques.

    A common practice in the MLM industry is selling products and services to family and friends. They usually call it the “warm market” strategy and it is highly ineffective, in my opinion.

    However, if you see success, here are two possible payment plan structures that your opportunity may use to pay you.

    #1 Matrix

    In this plan, there is a specific and predetermined width and depth. For instance, one MLM company can have a 4-by-5 matrix, which permits a distributor to sponsor five people directly on their front-line. In addition, they earn revenue from the sales of those people up to six levels.

    This plan is in place to encourage distributors and new recruits to work as a team. Sometimes, when a distributor’s front-line is full, the opportunity will upgrade that distributor from seller to teacher. They do this to make sure that you are focused on helping out the people who are at lower levels.

    #2 Breakaway

    The breakaway plan is also known as the stair-step breakaway plan. It earn the name from the idea that a salesperson, after climbing their way through each level of the company, can reach the point where they can “break away” from their up-line. The up-line is the person who introduced you to the opportunity.

    The benefit of this payment plan structure is that it motivates the distributors to work hard and eventually break away to create their own organization. Opportunities that offer this type of payment plan structure usually aim for full-time business builders.

    Unfortunately, in my opinion, this plan can discourage distributors to work as a team because most people will only be concerned with building their own organizations.

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    Source by Marc-Eddy Drouinaud Jr

    Views: 0

  • Breaking Down Sales and Marketing

    Breaking Down Sales and Marketing

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    Revisiting the Sales and Marketing Conversation

    Back in October 2015 we shared an article called "5 Ways Marketing Departments Help Salespeople Catch Butterflies." Recently a tenfold article was shared with us, titled "What is the Meaning of Sales & Marketing and Their Advantages? " And, I have to say, it does a pretty awesome job of breaking down the differences, responsibilities, and links between sales and marketing roles. Why revisit this now? Because it has never been more apparent that the relationship between sales and marketing is still just as misunderstood as ever, especially with advances in marketing technology.

    Setting the Record Straight

    Many in the business world, especially those who rely on sales and marketing for success, don't actually have a concrete grasp on exactly what sales and marketing are. Yes, the two are linked, but they are not one and the same. Sales departments rely on marketing; marketing departments and strategies exist to feed sales (notice I didn't say "make" sales). 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. 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.

    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. In some cases this may be true, but certainly not across the board. While trying to conserve capital, many of these companies will attempt to combine their sales and marketing departments, essentially tasking their employees with two job descriptions, and that's usually a bad move. It's no accident that more recently established companies, tech giants, and organizations that employ a large number of millennials are killing it with their marketing efforts.

    Breaking It Down

    As the tenfold article explains, some of the key responsibilities of a sales team include:

    • Follow Up
    • Relationship Building
    • Closing
    • Retention

    The mark of a great salesperson is the ability to cultivate a personal relationship. Many consumers who have stayed loyal to the same brand, dealership, or salon for years will say that they appreciate the personal attention they receive there. 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. Short of having an outstanding relationship with a skilled salesperson, product quality and excellent overall experience are the main things that will bolster client retention.

    On the marketing side, primary efforts are:

    • Awareness
    • Engagement
    • Conversion (from anonymous to known)
    • Retention

    It is not a salesperson's job to generate awareness or buzz about their brand, product or service. If they are expected to use their energy to make sales by nurturing leads and relationships, then how can they also be expected to have the time to do the leg-work up front that brings those leads to the table in the first place?

    The marketing department creates awareness, builds engagement by creating information that will invite audience members to take action, and targets and tracks engagement by motivating audience members to provide contact information or initiate a free trial or consultation (converting them from a cold prospect to a known lead or potential buyer). 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.

    On the sales side, client retention refers more to the salesperson's efforts to use the client relationship to continually check in with the client, attempt to engage them in further discussions about additional products or services they may be interested in, and seek referrals to the client's friends and family members. On the marketing side, however, retention refers to maintaining a higher level of consistent engagement (through targeted marketing based on buying preferences, interests and history) so that the customer relationship doesn't end at the initial purchase. Those email newsletters you receive after becoming a customer somewhere are not random – they have a purpose and are often tailored to things you've viewed or expressed interest in. A sales team simply doesn't have the insights, time, or often the resources to execute these types of strategic campaigns.

    The Fine-Tuned Coexistence Of It All

    The ideal sales and marketing relationship is a symbiotic one. Marketers and salespeople work together to determine what consumers need and how to deliver it. Sales and marketing should motivate, inspire and feed one other. They should collaborate and coexist. In the hierarchy of the business food chain, sales and marketing should not be seen as rivals or equals, but counterparts. One truly cannot exist without the other, but their skill sets are not the same – especially today, where advances in technology require the modern marketer to have a very specific, honed, and competitive set of skills that most sales people simply do not need to have.

    For this reason many marketers are introverted, analytical, and deep-thinking individuals. Whether they're crunching numbers and analyzing data, compiling reports on trends and conversion rates, or writing awesome ads and creating beautiful websites and collateral material, they are required to intensely focus on what works, what doesn't, and adjust their creative efforts accordingly. Usually a marketing department will have creatives, analysts, and more tech-oriented people (who dive into the numbers and algorithms behind advanced marketing tools).

    In contrast though, many salespeople are extroverts – they light up a room, they have excellent "people skills," can easily relate to others, and have the ability to pick up on social cues that might actually help them close a sale. Oftentimes salespeople have a broader focus, preferring to spend their days with appointments and meetings – activities that build relationships – rather than sitting behind a desk doing what a marketing department does best. For this reason, many salespeople have administrative assistants to help them with follow-up, paperwork, appointment setting, phone calls, proposals, and calendar management. This type of functional assistant role is less widespread in the marketing realm.

    Share Your Thoughts

    Be sure to read the full article (and let us know how it compares to our post ) for additional insights on the relationship between sales and marketing teams. Join the conversation: in your experience, what have been some key components of a successful sales and marketing partnership?

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    Source by Jessica Champion

    Views: 0