Tag: Corporate Activities

Face to Face Marketing and Door to Door Marketing 

Professional Qualified Sales Experts present products and services, calling on companies using our proven door to door selling Outsourcing firm , door-to-door sales technique and door to door selling Outsourcing firm in mumbai.

We convert potential customers to sustainable clients in the shortest space of time( door to door sales, door to door selling Outsourcing firm ). Our professional teams interact with customers, educating them on our clients’ products/services, as well as generating immediate sales or leads with interested customers.

Marketing and advertising budgets have come under increasing pressure. door to door selling Outsourcing firm and Door-to-door sales is a low cost distribution channel, and is an effective way to gain more return on investment. It secures increased value with minimum spend, allowing access to a customer base which is not always reached by existing marketing strategies.

Through Door to Door sales, customers can choose the most suitable deals, especially because they have a chance to ask questions and have the offering clarified by our qualified sales experts in mumbai

Door to Door Sales Agency 

We believe our experience, our sales ability and the detailed processes we have in place ensure we successfully launch new products to the market. Our sector experience and data insights ensure we are calling on the right outlets to maximise return on investment during the critical launch phase.

We have proven experience in launching challenger brands to the market along with well-established range extensions and completely new products.

We believe Fulcrum is the door-to-door-sales agency in pune best suited to owning the responsibility of launching your new product – why not give us a call to find out if we can help you?

I did door-to-door sales for nine years, in hundreds of different cities and towns all across the india. Through long, hard, agonizing trial and error, I eventually developed enough skill that I could take any product into any area on any day and make sales.

In the beginning, I struggled. But when I was about to give up on myself and quit (like 99.9% of people that try door-to-door sales do within their first few days),  experienced salesperson to give me a chance to get on track.

What I saw that day changed my life forever.

I watched as the experienced salesperson drove to an area where he had previous sales success, and listened as he explained to me why he parked his car in the exact spot he did to start his day and laid out his exact plan of attack.
Within the first 10 minutes, I learned a valuable lesson that not only made my door-to-door sales career much easier, but has also been the key to bringing in millions of dollars in revenue for my own companies, and those of thousands of others I’ve consulted to:

A current customer is the easiest person to make a sale to – many, many times easier (and less expensive) than trying to get new customers.

Most business owners operate a risky, day-to-day, transactional business, believing that the reason for getting a customer is to make a sale. That’s their biggest problem: making nothing more than “a” sale to a customer. After that initial transaction, they simply hope that their product or service or location is good enough that they will get a repeat visit from that customer.

On the other hand, sharp business owners (and door-to-door salespeople!) know that the point to making a sale is to get a customer. We have systems put together to maximize the value of that customer by making future offers to them, so that they buy more of the same product or service, or a different version, or even an entirely different product or service.

In other words, we recognize that a current customer is the easiest person to sell to, and a prospect is the hardest and most-expensive person to sell to. Therefore, we concentrate on maximizing the value of every new customer we get.

If you want to grow your business during these challenging economic times (and even during boom times), your time and effort should be invested in working to turn prospects into customers and retain them to market to in the future.
While your marketing is doing its job to get you prospects, you need to be working on turning those prospects into customers. There are a few key ways to draw them in and seal the deal. You need to be:

Inviting
Informative
Enjoyable

The biggest fear of most new customers is the dreaded “buyer’s remorse.” You want to minimize this as best you can, and if you’ve provided a quality product or service that delivers on the marketing claims you’ve made, the risk will be lower.

However, returns can still occur. Here are the two most effective ways to deal with this:

Offer to refund money — no questions asked
Offer a bonus they can keep even if they return the product

These offers alone will also lessen the impact of buyer’s remorse, because the customer will trust you more just because you showed the confidence in your product or service to offer these options in the first place.

There are number of other ways to turn a prospect into a customer:

Offer a special price as an opportunity for them to test the market.
Offer a lower price with a legitimate reason, such as clearing out inventory to pay a tax bill, for your kid’s braces, or another tangible reason. (Added bonus: Customers love you for doing this, because it makes you so much more human to them.)
Offer a referral incentive.
Offer a smaller, less expensive entry-level product to build trust.
Offer package deals.
Offer to charge less for their first purchase if they become a repeat customer.
Offer extra incentives, such as longer warranties or free bonuses, if they order by a certain date.
Offer financing options, if applicable.
Offer a bonus if they pay in full.
Offer special packaging or delivery.
Offer “name-your-own-price” incentives.
Offer comparative data or other comparison tools.
Offer to let them trade up or upgrade to something better if they want.
Offer additional, educational information to help them make the decision.

The options are really only limited by your imagination and marketing skill. You can use these or other ideas to discover what works the best for your specific business, with your specific products, services and target market.

Even if you ever find yourself doing door-to-door sales.

Marketing agencies in bosari

The Three Value Conversations provides the tools and methods you need…

…to differentiate you and your solution from the competition, elevate value to the right decision maker, and maximize all sales opportunities across the entire long lead buying cycle.

Based on extensive research, the authors’ program enables salespeople to articulate value in three essential conversations with the customer: the Differentiation Conversation (creating value), the Justification Conversation (elevating the value to the right level of decision maker), and the Maximization Conversation (capturing that value and maximizing the size of your opportunities).

Praise for The Three Value Conversations

A great conversation requires not only a strong story, but also the skills to deliver it. Three Value Conversations will help marketing—the story-builders—create the right message, and guide sales storytellers in using those messages to have unique, value-driven conversations with customers.”

–Eduardo Conrado, Chief Innovation Officer, Motorola Solutions

Too often we take for granted that salespeople should just know how to have a great customer conversation… after all, that’s why they are salespeople, right? But, being able to talk with customers and communicating value are two different things. Three Value Conversations does a great job providing concrete concepts to help salespeople purposefully practice and master their customer communications skills.”

– Juan Corsillo, senior vice president sales and marketing, United Rentals

If you’re facing the pressures of commoditization and loss of control in the selling process, the Three Value Conversations is a must read. The book offers a “next practice” approach that helps steer the conversation in a way that clearly differentiates your solution from the sea of alternatives and positions you to create, elevate and capture value to set you apart. Thank you Tim, Erik, Conrad and Cheryl for collaborating on such an important topic—this is book will make a difference!”

– Jim Ford, Executive vice president, TestAmerica Inc. and chairman of the Strategic Account Management Association

Procurement discussions are just that. The Three Value Conversations help us to have the right conversations, with the right people to drive the outcomes our customers want and we need, in order to drive the value that we are both seeking.”

– Nick Alfano, senior vice president and general manager – food and beverage north america, Ecolab, Inc.

door to door selling Outsourcing firm in Pune

door to door selling Outsourcing firm in mumbai

Corporate Activities , Promotion Management, Brand Building, Sales Force,

B 2 C Marketing, Marketing Management, Consumer Goods Marketing

Face to Face Marketing and Door to Door Marketing 

Professional Qualified Sales Experts present products and services, calling on companies using our proven door to door selling Outsourcing firm , door-to-door sales technique and door to door selling Outsourcing firm in mumbai.

We convert potential customers to sustainable clients in the shortest space of time( door to door sales, door to door selling Outsourcing firm ). Our professional teams interact with customers, educating them on our clients’ products/services, as well as generating immediate sales or leads with interested customers.

Marketing and advertising budgets have come under increasing pressure. door to door selling Outsourcing firm and Door-to-door sales is a low cost distribution channel, and is an effective way to gain more return on investment. It secures increased value with minimum spend, allowing access to a customer base which is not always reached by existing marketing strategies.

Through Door to Door sales, customers can choose the most suitable deals, especially because they have a chance to ask questions and have the offering clarified by our qualified sales experts in mumbai

Door to Door Sales Agency 

We believe our experience, our sales ability and the detailed processes we have in place ensure we successfully launch new products to the market. Our sector experience and data insights ensure we are calling on the right outlets to maximise return on investment during the critical launch phase.

We have proven experience in launching challenger brands to the market along with well-established range extensions and completely new products.

We believe Fulcrum is the door-to-door-sales agency in pune best suited to owning the responsibility of launching your new product – why not give us a call to find out if we can help you?

I did door-to-door sales for nine years, in hundreds of different cities and towns all across the india. Through long, hard, agonizing trial and error, I eventually developed enough skill that I could take any product into any area on any day and make sales.

In the beginning, I struggled. But when I was about to give up on myself and quit (like 99.9% of people that try door-to-door sales do within their first few days),  experienced salesperson to give me a chance to get on track.

What I saw that day changed my life forever.

I watched as the experienced salesperson drove to an area where he had previous sales success, and listened as he explained to me why he parked his car in the exact spot he did to start his day and laid out his exact plan of attack.
Within the first 10 minutes, I learned a valuable lesson that not only made my door-to-door sales career much easier, but has also been the key to bringing in millions of dollars in revenue for my own companies, and those of thousands of others I’ve consulted to:

A current customer is the easiest person to make a sale to – many, many times easier (and less expensive) than trying to get new customers.

Most business owners operate a risky, day-to-day, transactional business, believing that the reason for getting a customer is to make a sale. That’s their biggest problem: making nothing more than “a” sale to a customer. After that initial transaction, they simply hope that their product or service or location is good enough that they will get a repeat visit from that customer.

On the other hand, sharp business owners (and door-to-door salespeople!) know that the point to making a sale is to get a customer. We have systems put together to maximize the value of that customer by making future offers to them, so that they buy more of the same product or service, or a different version, or even an entirely different product or service.

In other words, we recognize that a current customer is the easiest person to sell to, and a prospect is the hardest and most-expensive person to sell to. Therefore, we concentrate on maximizing the value of every new customer we get.

If you want to grow your business during these challenging economic times (and even during boom times), your time and effort should be invested in working to turn prospects into customers and retain them to market to in the future.
While your marketing is doing its job to get you prospects, you need to be working on turning those prospects into customers. There are a few key ways to draw them in and seal the deal. You need to be:

Inviting
Informative
Enjoyable

The biggest fear of most new customers is the dreaded “buyer’s remorse.” You want to minimize this as best you can, and if you’ve provided a quality product or service that delivers on the marketing claims you’ve made, the risk will be lower.

However, returns can still occur. Here are the two most effective ways to deal with this:

Offer to refund money — no questions asked
Offer a bonus they can keep even if they return the product

These offers alone will also lessen the impact of buyer’s remorse, because the customer will trust you more just because you showed the confidence in your product or service to offer these options in the first place.

There are number of other ways to turn a prospect into a customer:

Offer a special price as an opportunity for them to test the market.
Offer a lower price with a legitimate reason, such as clearing out inventory to pay a tax bill, for your kid’s braces, or another tangible reason. (Added bonus: Customers love you for doing this, because it makes you so much more human to them.)
Offer a referral incentive.
Offer a smaller, less expensive entry-level product to build trust.
Offer package deals.
Offer to charge less for their first purchase if they become a repeat customer.
Offer extra incentives, such as longer warranties or free bonuses, if they order by a certain date.
Offer financing options, if applicable.
Offer a bonus if they pay in full.
Offer special packaging or delivery.
Offer “name-your-own-price” incentives.
Offer comparative data or other comparison tools.
Offer to let them trade up or upgrade to something better if they want.
Offer additional, educational information to help them make the decision.

The options are really only limited by your imagination and marketing skill. You can use these or other ideas to discover what works the best for your specific business, with your specific products, services and target market.

Even if you ever find yourself doing door-to-door sales.

marketing agencies in pune cantonment

4 Ps of Marketing

Definition: 4 Ps of Marketing (Product Mix)

The four Ps of Marketing (Product, Price, Place & Promotion) are also known as the ‘Product Mix’. The product mix is a crucial tool in determining a product’s offering to the customer. Let us look at each P one by one:

Product: The Product can either be tangible, which have independent physical existence (from needle to motor parts) or Intangible service (like in IT and tourism industry). Launching the right kind of product with appropriate number of variants is one of the critical decisions for marketing managers.

Price: The price of a product determines the offering which the customers are willing to give to buy that product. The price can neither be too low that the seller incurs losses, nor be too high that the consumers cannot afford the product.  The price of a product or a service depends on its demand, which is determined by demand elasticity. A product is said to be elastic if raising its price reduces the demand considerably (example: coffee, people will switch to tea) and the product/service is inelastic if its demand is not affected even after raising the price. (Example: petrol)

Place: The market where the product is sold is known as place. The markets should be convenient for the consumers to access. Distribution network for a product determines its availability in shops/outlets

Promotion: The method of communication by which the marketer provides information about the product is known as promotion. It included advertisements, personal selling, word of mouth publicity etc.

Why Do Brands Have Extensions ?

As the business environment is changing, the profile of the organizations as well as the way of conducting business is changing too. Use of technology and globalization has changed everything about business. Marketing is no longer what it used to be. Online marketing has changed the face of conventional marketing and both are incomparable by any standards.

When we look at the job profile of brand managers, we find that over the past few years, there have been several changes. Today’s brand managers are not only planning product promotion and marketing services, but work as business managers responsible for the brand. They are in fact responsible for the sales, growth as well as the profits of the brand in Multinational companies. A strong brand may have a team of brand managers working on the brand across several geographic locations and countries. With the global brands being present in various markets, there arises the need for local factors and sensibilities to be built into the brand and into the brand management as well. Therefore it makes it imperative to build a brand management team or structure that can work through micro and macro levels.

Take a look at the shelf in the super market when you visit next time and you will be surprised to see that each of the leading brands be it in the medical section, soft drink or grocery item, there are likely to be multiple variations of the same brand with little difference. Of course we are talking about the brand extensions that have become the latest strategy adopted by brand managers to exploit the brand value. Coke is perhaps the best and the most common example where you get to see variations of coke in the shelf today. Brand extensions have become the norm of the day. The question that one needs to ask is whether such brand extensions are really required and worthwhile?.

In the market place, where competition is very high and intense amongst brands, the brand managers are always under pressure on multiple fronts. First and foremost, for a brand to grow or retain market share, there has to be continual effort to deliver incremental value through the brand. Secondly, managements have increased expectations from the brand in terms of revenue growth, market share as well as the bottom line. Brand managers therefore are forced to opt for brand extension strategies in order to create product differentiation and to increase revenue streams. Sometimes, brand extensions become necessary to reign in some of the niche segments which may not be addressed by the parent brand and thus the brand extension helps gain incremental market share.

Brand extensions are also considered to be the most natural progression for brands. When organizations spent a lot of investments into manufacturing and technology for launching the parent brand, they would not like to leave out any opportunity to capitalize on the capacity that they have created and maximize returns on investment.

The next logical question that one asks is whether such brand extensions are useful and beneficial for the brand. What is the effect of brand extensions on the parent brand?. It is difficult to predict what the exact result would be for, the results in the case of such brand extensions have been mixed in the market

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………….

Articales from http://www.managementstudyguide.com

Be an Optimized Sales Leader

Be an Optimized Sales Leader

In every business cycle new ideas are built and strategies-tactics attempted to create a positive impact on the organization. For example, the role of quality control, Lean and Kaizen Management have been implemented in many areas of business to improve performance. In most cases each of these “re-engineering” type programs have had positive impacts; from just in time inventory, to ISO policies.  Most of these programs have been directed at inventory, process management, cost reduction, financial statements and even Human Resource management.  What has seemingly been overlooked in most companies and now is rapidly gaining a focus is the productivity, cost and methodology of the sales organization.

The impact of Sales Management Optimization Policy ™ must be applied to the sales organization. Essentially OP is defined as: “you must build your organization to excel in the tough times and to propel in good times”.  In a sales organization this responsibility is the Vice President or Sales Manager. Yet these individuals who have a major impact on the success of the organization generally have a job-life span of 14-18 months, limited training-at best and must operate in a pressure filled role with multiple soft and hard management skills in operation at all times.

In most cases sales management lacks methodology and a focus on running their organizations that manufacturing, inventory and financial managers have successfully implemented. Sales Management Optimization Policy takes into consideration the aspects of effective process management, standards and cost control into the sales organization.

Challenges:

In the current economic market, the successful Sales Leader faces many challenges:

• Managing Lower Costs of Sales
• Driving Revenue
• Attaining Budget Goals
• Managing Sales Teams
• Working with Limited Span of Control
• Achieving Goals with Stretched Resources
• Working with Market Dynamics

The answers lie in two fundamental points. First; “if it’s working, don’t mess with it” and for those companies where sales (revenues) are working there is little interest in disturbing that department. Second, when sales are not working two actions seem to take place; radical personnel change or high levels of micro-management on the actions to fix revenues.  We would argue that all organizations must look at a bigger picture and build logical and emotional judgements/systems in place not only to achieve the goals of the organization but to assure management systems/processes are designed to create the environment for successful sales cultures. Selling is emotional  and sales leaders must balance the need for building an environment of success and need for business management systems.

The interesting element in building an Optimal Policy within a high performance sales management approach is aligning the goals of the individual with the goals of the corporation. The smart sales leader will understand the basics of pure management, i.e. understanding the personal needs and wants of their individual team members or what most people today call EQ or Emotional Quotient.  In my Life Enrichment keynotes I discuss how management must focus on this point for themselves and their teams.

First, let’s address the business side of sales management. This element covers  key components of the tactical implementations of  sales management. The list below represents a Sales Management Business Plan.  Each of the  components would include goals, impact on the attainment of the  corporate goals, critical success factors, potential challenges, measurements and defined tactical actions required to achieve the goals. We recommend these plans are updated every six months with a 60-day assessment of trends or changing factors.

Statement of focus

Time line of planned events

Activity standards

Account plans

Sales organization design (18-24 month view)

Sales process design map

Customer relationship strategy

Sales technology implementation

Recruitment/hiring/training programs

Marketing/ materials

Public Relations awareness

Business Eco-System Partners and Alliances

Product and revenue projections-24 months

Competition Analysis

The second aspect of Sales Management must be the cultural human interaction or EQ.  It must be recognized that only managing by the numbers and focusing on activity based sales indicators will not create the environment for high performance. The goal of sales management is to achieve results and manage the business, it is critical that salespeople understand key ratios are to assist them in their personal job success not as micro-management. Yet we find often a line has been drawn between the salesperson and their manager in “talking only about the numbers”. The key issue for the individual  is to understand their formula for success and how the specific  salesperson’s performance matches against that company’s formula.

We must move beyond this mentality to truly understand the personal objectives of our people and communicate your interest to help the person. Sales Management today must assist members of their team in setting personal objectives  and assist their team members on achieving those goals.  We call this align the soul of the individual with the goals of the corporation. This is where coaching and real managing takes place and a managers trust level grows.

 Focus on understanding and improving the sales management process along with building your EQ sensitively to the needs of your sales team and you will experience the best that life can bring you: Sales Management Optimization!

 Ken Thoreson “operationalizes” sales management systems and processes that pull revenue out of the doldrums into the fresh zone. During the past 19 years, our consulting, advisory, and platform services have illuminated, motivated, and rejuvenated the sales efforts for organizations throughout the world.

Ken has written 5 books, his latest book is: SLAMMED! for First Time Sales Managers,

Check out his Sales Management Tool Kit or the Acumen Project and his new Ignite Your Sales Team online video training program for sales leaders.

door to door selling Outsourcing firm in Pune

door to door selling Outsourcing firm in mumbai

Corporate Activities , Promotion Management, Brand Building, Sales Force,

B 2 C Marketing, Marketing Management, Consumer Goods Marketing

Face to Face Marketing and Door to Door Marketing 

Nothing beats the reality that one gets when you can interact with potential clients face to face physically moving from door to door within a community or household to household, face to face field marketing is also called personal selling or door to door marketing, customers are met directly in order to sell their products, using this method of field marketing we rely on our skills and persuasive abilities. During the period where we get to interact with the client face to face we get more chance to pass across edible information which would be useful to all our customers at that time and it’s also an opportunity for us to get feedback and to gauge your opinion about our business.

I did door-to-door sales for nine years, in hundreds of different cities and towns all across the india. Through long, hard, agonizing trial and error, I eventually developed enough skill that I could take any product into any area on any day and make sales.

In the beginning, I struggled. But when I was about to give up on myself and quit (like 99.9% of people that try door-to-door sales do within their first few days),  experienced salesperson to give me a chance to get on track.

What I saw that day changed my life forever.

I watched as the experienced salesperson drove to an area where he had previous sales success, and listened as he explained to me why he parked his car in the exact spot he did to start his day and laid out his exact plan of attack.
Within the first 10 minutes, I learned a valuable lesson that not only made my door-to-door sales career much easier, but has also been the key to bringing in millions of dollars in revenue for my own companies, and those of thousands of others I’ve consulted to:

A current customer is the easiest person to make a sale to – many, many times easier (and less expensive) than trying to get new customers.

Most business owners operate a risky, day-to-day, transactional business, believing that the reason for getting a customer is to make a sale. That’s their biggest problem: making nothing more than “a” sale to a customer. After that initial transaction, they simply hope that their product or service or location is good enough that they will get a repeat visit from that customer.

On the other hand, sharp business owners (and door-to-door salespeople!) know that the point to making a sale is to get a customer. We have systems put together to maximize the value of that customer by making future offers to them, so that they buy more of the same product or service, or a different version, or even an entirely different product or service.

In other words, we recognize that a current customer is the easiest person to sell to, and a prospect is the hardest and most-expensive person to sell to. Therefore, we concentrate on maximizing the value of every new customer we get.

If you want to grow your business during these challenging economic times (and even during boom times), your time and effort should be invested in working to turn prospects into customers and retain them to market to in the future.
While your marketing is doing its job to get you prospects, you need to be working on turning those prospects into customers. There are a few key ways to draw them in and seal the deal. You need to be:

Inviting
Informative
Enjoyable

The biggest fear of most new customers is the dreaded “buyer’s remorse.” You want to minimize this as best you can, and if you’ve provided a quality product or service that delivers on the marketing claims you’ve made, the risk will be lower.

However, returns can still occur. Here are the two most effective ways to deal with this:

Offer to refund money — no questions asked
Offer a bonus they can keep even if they return the product

These offers alone will also lessen the impact of buyer’s remorse, because the customer will trust you more just because you showed the confidence in your product or service to offer these options in the first place.

There are number of other ways to turn a prospect into a customer:

Offer a special price as an opportunity for them to test the market.
Offer a lower price with a legitimate reason, such as clearing out inventory to pay a tax bill, for your kid’s braces, or another tangible reason. (Added bonus: Customers love you for doing this, because it makes you so much more human to them.)
Offer a referral incentive.
Offer a smaller, less expensive entry-level product to build trust.
Offer package deals.
Offer to charge less for their first purchase if they become a repeat customer.
Offer extra incentives, such as longer warranties or free bonuses, if they order by a certain date.
Offer financing options, if applicable.
Offer a bonus if they pay in full.
Offer special packaging or delivery.
Offer “name-your-own-price” incentives.
Offer comparative data or other comparison tools.
Offer to let them trade up or upgrade to something better if they want.
Offer additional, educational information to help them make the decision.

The options are really only limited by your imagination and marketing skill. You can use these or other ideas to discover what works the best for your specific business, with your specific products, services and target market.

Even if you ever find yourself doing door-to-door sales.

Marketing agencies in bosari

The Three Value Conversations provides the tools and methods you need…

…to differentiate you and your solution from the competition, elevate value to the right decision maker, and maximize all sales opportunities across the entire long lead buying cycle.

Based on extensive research, the authors’ program enables salespeople to articulate value in three essential conversations with the customer: the Differentiation Conversation (creating value), the Justification Conversation (elevating the value to the right level of decision maker), and the Maximization Conversation (capturing that value and maximizing the size of your opportunities).

Praise for The Three Value Conversations

A great conversation requires not only a strong story, but also the skills to deliver it. Three Value Conversations will help marketing—the story-builders—create the right message, and guide sales storytellers in using those messages to have unique, value-driven conversations with customers.”

–Eduardo Conrado, Chief Innovation Officer, Motorola Solutions

Too often we take for granted that salespeople should just know how to have a great customer conversation… after all, that’s why they are salespeople, right? But, being able to talk with customers and communicating value are two different things. Three Value Conversations does a great job providing concrete concepts to help salespeople purposefully practice and master their customer communications skills.”

– Juan Corsillo, senior vice president sales and marketing, United Rentals

If you’re facing the pressures of commoditization and loss of control in the selling process, the Three Value Conversations is a must read. The book offers a “next practice” approach that helps steer the conversation in a way that clearly differentiates your solution from the sea of alternatives and positions you to create, elevate and capture value to set you apart. Thank you Tim, Erik, Conrad and Cheryl for collaborating on such an important topic—this is book will make a difference!”

– Jim Ford, Executive vice president, TestAmerica Inc. and chairman of the Strategic Account Management Association

Procurement discussions are just that. The Three Value Conversations help us to have the right conversations, with the right people to drive the outcomes our customers want and we need, in order to drive the value that we are both seeking.”

– Nick Alfano, senior vice president and general manager – food and beverage north america, Ecolab, Inc.

door to door selling Outsourcing firm in Pune

door to door selling Outsourcing firm in mumbai

Corporate Activities , Promotion Management, Brand Building, Sales Force,

B 2 C Marketing, Marketing Management, Consumer Goods Marketing

Face to Face Marketing and Door to Door Marketing 

Nothing beats the reality that one gets when you can interact with potential clients face to face physically moving from door to door within a community or household to household, face to face field marketing is also called personal selling or door to door marketing, customers are met directly in order to sell their products, using this method of field marketing we rely on our skills and persuasive abilities. During the period where we get to interact with the client face to face we get more chance to pass across edible information which would be useful to all our customers at that time and it’s also an opportunity for us to get feedback and to gauge your opinion about our business.

I did door-to-door sales for nine years, in hundreds of different cities and towns all across the india. Through long, hard, agonizing trial and error, I eventually developed enough skill that I could take any product into any area on any day and make sales.

In the beginning, I struggled. But when I was about to give up on myself and quit (like 99.9% of people that try door-to-door sales do within their first few days),  experienced salesperson to give me a chance to get on track.

What I saw that day changed my life forever.

I watched as the experienced salesperson drove to an area where he had previous sales success, and listened as he explained to me why he parked his car in the exact spot he did to start his day and laid out his exact plan of attack.
Within the first 10 minutes, I learned a valuable lesson that not only made my door-to-door sales career much easier, but has also been the key to bringing in millions of dollars in revenue for my own companies, and those of thousands of others I’ve consulted to:

A current customer is the easiest person to make a sale to – many, many times easier (and less expensive) than trying to get new customers.

Most business owners operate a risky, day-to-day, transactional business, believing that the reason for getting a customer is to make a sale. That’s their biggest problem: making nothing more than “a” sale to a customer. After that initial transaction, they simply hope that their product or service or location is good enough that they will get a repeat visit from that customer.

On the other hand, sharp business owners (and door-to-door salespeople!) know that the point to making a sale is to get a customer. We have systems put together to maximize the value of that customer by making future offers to them, so that they buy more of the same product or service, or a different version, or even an entirely different product or service.

In other words, we recognize that a current customer is the easiest person to sell to, and a prospect is the hardest and most-expensive person to sell to. Therefore, we concentrate on maximizing the value of every new customer we get.

If you want to grow your business during these challenging economic times (and even during boom times), your time and effort should be invested in working to turn prospects into customers and retain them to market to in the future.
While your marketing is doing its job to get you prospects, you need to be working on turning those prospects into customers. There are a few key ways to draw them in and seal the deal. You need to be:

Inviting
Informative
Enjoyable

The biggest fear of most new customers is the dreaded “buyer’s remorse.” You want to minimize this as best you can, and if you’ve provided a quality product or service that delivers on the marketing claims you’ve made, the risk will be lower.

However, returns can still occur. Here are the two most effective ways to deal with this:

Offer to refund money — no questions asked
Offer a bonus they can keep even if they return the product

These offers alone will also lessen the impact of buyer’s remorse, because the customer will trust you more just because you showed the confidence in your product or service to offer these options in the first place.

There are number of other ways to turn a prospect into a customer:

Offer a special price as an opportunity for them to test the market.
Offer a lower price with a legitimate reason, such as clearing out inventory to pay a tax bill, for your kid’s braces, or another tangible reason. (Added bonus: Customers love you for doing this, because it makes you so much more human to them.)
Offer a referral incentive.
Offer a smaller, less expensive entry-level product to build trust.
Offer package deals.
Offer to charge less for their first purchase if they become a repeat customer.
Offer extra incentives, such as longer warranties or free bonuses, if they order by a certain date.
Offer financing options, if applicable.
Offer a bonus if they pay in full.
Offer special packaging or delivery.
Offer “name-your-own-price” incentives.
Offer comparative data or other comparison tools.
Offer to let them trade up or upgrade to something better if they want.
Offer additional, educational information to help them make the decision.

The options are really only limited by your imagination and marketing skill. You can use these or other ideas to discover what works the best for your specific business, with your specific products, services and target market.

Even if you ever find yourself doing door-to-door sales.

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4 Ps of Marketing

Definition: 4 Ps of Marketing (Product Mix)

The four Ps of Marketing (Product, Price, Place & Promotion) are also known as the ‘Product Mix’. The product mix is a crucial tool in determining a product’s offering to the customer. Let us look at each P one by one:

Product: The Product can either be tangible, which have independent physical existence (from needle to motor parts) or Intangible service (like in IT and tourism industry). Launching the right kind of product with appropriate number of variants is one of the critical decisions for marketing managers.

Price: The price of a product determines the offering which the customers are willing to give to buy that product. The price can neither be too low that the seller incurs losses, nor be too high that the consumers cannot afford the product.  The price of a product or a service depends on its demand, which is determined by demand elasticity. A product is said to be elastic if raising its price reduces the demand considerably (example: coffee, people will switch to tea) and the product/service is inelastic if its demand is not affected even after raising the price. (Example: petrol)

Place: The market where the product is sold is known as place. The markets should be convenient for the consumers to access. Distribution network for a product determines its availability in shops/outlets

Promotion: The method of communication by which the marketer provides information about the product is known as promotion. It included advertisements, personal selling, word of mouth publicity etc.

Why Do Brands Have Extensions ?

As the business environment is changing, the profile of the organizations as well as the way of conducting business is changing too. Use of technology and globalization has changed everything about business. Marketing is no longer what it used to be. Online marketing has changed the face of conventional marketing and both are incomparable by any standards.

When we look at the job profile of brand managers, we find that over the past few years, there have been several changes. Today’s brand managers are not only planning product promotion and marketing services, but work as business managers responsible for the brand. They are in fact responsible for the sales, growth as well as the profits of the brand in Multinational companies. A strong brand may have a team of brand managers working on the brand across several geographic locations and countries. With the global brands being present in various markets, there arises the need for local factors and sensibilities to be built into the brand and into the brand management as well. Therefore it makes it imperative to build a brand management team or structure that can work through micro and macro levels.

Take a look at the shelf in the super market when you visit next time and you will be surprised to see that each of the leading brands be it in the medical section, soft drink or grocery item, there are likely to be multiple variations of the same brand with little difference. Of course we are talking about the brand extensions that have become the latest strategy adopted by brand managers to exploit the brand value. Coke is perhaps the best and the most common example where you get to see variations of coke in the shelf today. Brand extensions have become the norm of the day. The question that one needs to ask is whether such brand extensions are really required and worthwhile?.

In the market place, where competition is very high and intense amongst brands, the brand managers are always under pressure on multiple fronts. First and foremost, for a brand to grow or retain market share, there has to be continual effort to deliver incremental value through the brand. Secondly, managements have increased expectations from the brand in terms of revenue growth, market share as well as the bottom line. Brand managers therefore are forced to opt for brand extension strategies in order to create product differentiation and to increase revenue streams. Sometimes, brand extensions become necessary to reign in some of the niche segments which may not be addressed by the parent brand and thus the brand extension helps gain incremental market share.

Brand extensions are also considered to be the most natural progression for brands. When organizations spent a lot of investments into manufacturing and technology for launching the parent brand, they would not like to leave out any opportunity to capitalize on the capacity that they have created and maximize returns on investment.

The next logical question that one asks is whether such brand extensions are useful and beneficial for the brand. What is the effect of brand extensions on the parent brand?. It is difficult to predict what the exact result would be for, the results in the case of such brand extensions have been mixed in the market

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Articales from http://www.managementstudyguide.com

Be an Optimized Sales Leader

Be an Optimized Sales Leader

In every business cycle new ideas are built and strategies-tactics attempted to create a positive impact on the organization. For example, the role of quality control, Lean and Kaizen Management have been implemented in many areas of business to improve performance. In most cases each of these “re-engineering” type programs have had positive impacts; from just in time inventory, to ISO policies.  Most of these programs have been directed at inventory, process management, cost reduction, financial statements and even Human Resource management.  What has seemingly been overlooked in most companies and now is rapidly gaining a focus is the productivity, cost and methodology of the sales organization.

The impact of Sales Management Optimization Policy ™ must be applied to the sales organization. Essentially OP is defined as: “you must build your organization to excel in the tough times and to propel in good times”.  In a sales organization this responsibility is the Vice President or Sales Manager. Yet these individuals who have a major impact on the success of the organization generally have a job-life span of 14-18 months, limited training-at best and must operate in a pressure filled role with multiple soft and hard management skills in operation at all times.

In most cases sales management lacks methodology and a focus on running their organizations that manufacturing, inventory and financial managers have successfully implemented. Sales Management Optimization Policy takes into consideration the aspects of effective process management, standards and cost control into the sales organization.

Challenges:

In the current economic market, the successful Sales Leader faces many challenges:

• Managing Lower Costs of Sales
• Driving Revenue
• Attaining Budget Goals
• Managing Sales Teams
• Working with Limited Span of Control
• Achieving Goals with Stretched Resources
• Working with Market Dynamics

The answers lie in two fundamental points. First; “if it’s working, don’t mess with it” and for those companies where sales (revenues) are working there is little interest in disturbing that department. Second, when sales are not working two actions seem to take place; radical personnel change or high levels of micro-management on the actions to fix revenues.  We would argue that all organizations must look at a bigger picture and build logical and emotional judgements/systems in place not only to achieve the goals of the organization but to assure management systems/processes are designed to create the environment for successful sales cultures. Selling is emotional  and sales leaders must balance the need for building an environment of success and need for business management systems.

The interesting element in building an Optimal Policy within a high performance sales management approach is aligning the goals of the individual with the goals of the corporation. The smart sales leader will understand the basics of pure management, i.e. understanding the personal needs and wants of their individual team members or what most people today call EQ or Emotional Quotient.  In my Life Enrichment keynotes I discuss how management must focus on this point for themselves and their teams.

First, let’s address the business side of sales management. This element covers  key components of the tactical implementations of  sales management. The list below represents a Sales Management Business Plan.  Each of the  components would include goals, impact on the attainment of the  corporate goals, critical success factors, potential challenges, measurements and defined tactical actions required to achieve the goals. We recommend these plans are updated every six months with a 60-day assessment of trends or changing factors.

Statement of focus

Time line of planned events

Activity standards

Account plans

Sales organization design (18-24 month view)

Sales process design map

Customer relationship strategy

Sales technology implementation

Recruitment/hiring/training programs

Marketing/ materials

Public Relations awareness

Business Eco-System Partners and Alliances

Product and revenue projections-24 months

Competition Analysis

The second aspect of Sales Management must be the cultural human interaction or EQ.  It must be recognized that only managing by the numbers and focusing on activity based sales indicators will not create the environment for high performance. The goal of sales management is to achieve results and manage the business, it is critical that salespeople understand key ratios are to assist them in their personal job success not as micro-management. Yet we find often a line has been drawn between the salesperson and their manager in “talking only about the numbers”. The key issue for the individual  is to understand their formula for success and how the specific  salesperson’s performance matches against that company’s formula.

We must move beyond this mentality to truly understand the personal objectives of our people and communicate your interest to help the person. Sales Management today must assist members of their team in setting personal objectives  and assist their team members on achieving those goals.  We call this align the soul of the individual with the goals of the corporation. This is where coaching and real managing takes place and a managers trust level grows.

 Focus on understanding and improving the sales management process along with building your EQ sensitively to the needs of your sales team and you will experience the best that life can bring you: Sales Management Optimization!

 Ken Thoreson “operationalizes” sales management systems and processes that pull revenue out of the doldrums into the fresh zone. During the past 19 years, our consulting, advisory, and platform services have illuminated, motivated, and rejuvenated the sales efforts for organizations throughout the world.

Ken has written 5 books, his latest book is: SLAMMED! for First Time Sales Managers,

Check out his Sales Management Tool Kit or the Acumen Project and his new Ignite Your Sales Team online video training program for sales leaders.

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Corporate Activities , Promotion Management, Brand Building, Sales Force,

B 2 C Marketing, Marketing Management, Consumer Goods Marketing