Developing an Annual Marketing Plan and Marketing Strategy | Sales Force strategy For pune

Developing an Annual Marketing Plan and Marketing Strategy

door2door marketing Companies Mundhwa Pune

Fulcrum Marketing is a strategic door2door marketing Companies Mundhwa Pune. Our team of marketing consultants also specialise in marketing planning and door2door marketing for all types of business of any size.

MARKETING STRATEGY

Effective marketing organisations must be driven through sound business strategy. Fulcrum produce marketing strategy that is always well embodied by your business strategy.

The best marketing strategy does not start with creative, it starts with a marketing process.

The Fulcrum Marketing Strategy Development Process is a thorough problem solving and marketing strategy development program that focusses on solving your growth challenges and maximising the return from your company’s marketing operations.  It is particularly useful for innovating within a market or creating a position of market leadership.

Overview

Indentifying key sources of growth, challenging the current business operations and identifying key growth creating activities are crucial for businesses which want to grow.

The process looks at your whole business with the aim to maximise the potential by focussing on:

  • reviewing your market conditions
  • reviewing your current market challenges and capabilities
  • identifying and maximising competitive advantage
  • creating and amplifying market positioning
  • developing new revenue sources
  • maximising market communication techniques

Action Orientated

Fulcrum works alongside senior management to develop achievable and actionable strategies and build the company plans around them. Real results are achieved when your management team have consistent and ongoing interaction with the Fulcrum team. At the end of the process, you must own the strategy and be able work the plan yourself. You are left with a growth system which is repeatable over time to achieve consistent growth. Companies effectively implementing this program often achieve more than 25% ongoing growth per annum.

Your Challenges

Business owners, senior executives and managers are frequently facing growth related issues such as: – Turning around a declining sales trend – Identifying and entering new markets – Launching new business and product lines – Identifying emerging growth opportunities – Managing the risks of growth If you have any of the above issues, then the Fulcrum Marketing Strategy Development Process is for you.

Approach

The process considers what could be rather than only what is. Whereas, a regular marketing strategy process might simply consider what a customer tells you and respond, Fulcrum considers how a customer might react when given a slightly or radically different proposition to the one currently in the market.

Benefits

Each strategy generates actionable tasks to achieve medium and long-term revenue and growth targets. Brief but highly strategic plans are created that drill down into action items. You are then lead through specific actions to implement, or the Fulcrum team implement them for you.

Development Process

Experience the Fulcrum Marketing Strategy Development Process. It is a tailored program designed to provide companies with the highly-focussed strategy development and implementation resources necessary to address specific growth challenges and opportunities.

1. Seek and learn.

Information Gathering – The first step is to gain an understanding of the market in which you are participating; target audiences, competitor offerings, current pricing and more. Review the business realities – Gain an understanding and commitment to potential resources available to make it all happen. Review the market realities – What limitations might we be dealing with and how far can we push the market potential?

2. Set the hypothesis.

Hypothesis development – Develop the potential strategic alternatives and understand what would need to happen for them to become reality. Reality test – Review the strategies for practical application, decide which are practical now and which could be left for a future date and understand what resources are necessary to make these alternatives. Solidify strategy – Make some strategic decisions to understand which alternatives provide the growth desired, build an understanding of the risks involved, ensure all strategies can work together and consider the reality of them working within the business.

3. Set the course.

Key strategies – Articulate the strategies and provide means for measurement and communication. Plan action – Develop broad and specific actions stemming from the strategies.

4. Build a foundation.

This stage involves developing a compelling ‘marketing tool box’ that clearly defines your value to the target audience and creates appropriate messages and triggers to sale.

5. Implement and educate.

The stage after the plan development involves completing agreed actions and driving deep engagement and understanding throughout the company, whilst developing the ongoing implementation activities, including allocation of resources.

Business-to-Business Marketing Strategies

What do business professionals think about marketing in the business-to-business (B2B) environment? We examined survey results and reports* that compiled data on the topic, and created a list of eight B2B marketing strategies commonly recognised as successful regardless of industry.

  • Referral Programs
  • Word of Mouth Plus
  • Trade Shows
  • Online Advertising
  • Remarketing
  • Search Engine Optimisation (SEO)
  • Content Marketing
  • Inbound Marketing

Choosing the Right Marketing Agency: Marketing Execution Vs Marketing Strategy

If you pretty much know what marketing you need to do and how it is going to be accomplished then most likely you need some type of marketing agencyto do it for you. Depending on what the activities are, you will choose a different type of agency. For example, if you are more likely to be doing TV, radio or magazine advertising you will likely need a traditional advertising agency. If it sits more in the digital realm, with a lot of Google AdWords or YouTube commercials, then a digital advertising agency is probably for you. Alternatively, you may simply need a graphic designer to bring your ideas to life.

Making Marketing Plans Happen

A marketing plan is paramount for achieving business growth. The purpose of a marketing plan is to assess the current market position of your business and develop marketing strategies and actions to undertake to meet your business objectives. Putting together a strategic plan that develops your business around your competitive advantage, and ensures that you are in a position to take advantage of your strengths, is a key to continued business prosperity. Of course, once you have the plan, making it work is the next step.

Developing an Annual Marketing Plan and Marketing Strategy

Make your business New Year resolution to start the year with an integrated marketing plan that clearly outlines your business objectives and the marketing strategies and tactics you plan to use to achieve them

An annual marketing plan helps keep businesses on track with goals and objectives for the year and ensures that marketing opportunities and budgets are maximized. Developing a marketing plan that you revisit every year is the key to success year after year.

A solid annual marketing plan should be structured with a disciplined approach to reaching your business goals and objectives, yet flexible enough to adapt to changing market conditions and business opportunities throughout the year.



Start Annual Marketing Planning by Reviewing Previous Year Marketing Performance

Before you begin the annual planning process for the coming year’s marketing efforts, you’ll want to take a close look at how you performed over the current year. Even if you did not have a structured marketing plan in place previously, you should be able to review past marketing activities and results.

Here are some questions to ask when evaluating the performance of a previous annual marketing plan or year’s activities:

  • Did you achieve desired results from your marketing efforts (such as improved brand recognition, X number of leads generated or sales/revenue figures)?
  • Which specific marketing activities were effective?
  • Which specific marketing activities were not effective?
  • Should you reallocate resources to better performing targets, markets or marketing tactics?
  • Has your target market, audience or geographic area changed over the year?
  • Were you able to stay within a marketing budget at the end of the year?
  • What areas of your marketing budget do you need to cut costs in for the coming year?
  • What areas of your marketing budget do you want to invest more in for the coming year?

The answers to questions about your previous year’s marketing plan will play a big part in building an annual marketing plan for the coming year. Each year adjustments should be made to your marketing planning efforts that incorporate learning from the past – what works or what doesn’t work.

Develop Essential Components of an Annual Marketing Plan

A marketing plan is a written document that contains a business’ marketing strategies and tactics. The first step in developing an annual marketing plan is getting organized. Make a list of all the marketing components or categories that are important for your business.

Typical components in a marketing plan include:

  • Advertising (print and/or online)
  • Branding and Graphics (promotional giveaway items, photography, video production, graphic development)
  • Collateral (sell sheets, brochures, business cards)
  • Events (trade shows, webinars)
  • Direct Marketing (email, direct mail, list generation, promotional incentives/contests)
  • Public Relations (press release distribution, PR agency)
  • Research (focus groups, surveys, marketing reference books)
  • Social Media (social media networks)
  • Website (search engine optimization, web development/hosting)

Of course the actual components for your business may vary depending on your business, industry and marketing budget. The important thing is to identify all the potential components in your annual marketing plan so you can decide how you plan to address those components for your business. Even if you do not plan to allocate budget for a category – like social media – it should be included if you have any marketing efforts planned for the category so strategies and tactics can be outlined in an integrated planning approach.

Define Marketing Plan Strategies, Tactics and Budget

Once marketing components are outlined for the business, all potential strategies and tactics should be defined per category or component.

Here is an example of defining strategies and tactics for the “advertising” category:

Marketing Category: Advertising
Strategy #1 – Drive traffic to website via online advertising
Tactic # 1 – Google Adwords
Tactic #2 – Banner ads on industry association website
Tactic #3 – Internet yellow pages ads

Each tactic will also need to have an allocated budget, if applicable. The marketing plan should include fields to capture your allocated budget, actual spend and budget variance so that you can track throughout the year and make any adjustments needed. For example, if you are tracking under budget in one category you can shift funds to another category where you may be tracking over budget.

Flexibility to adapt an annual marketing plan throughout the year is important to adapt to a changing business environment and be “opportunistic” in marketing efforts. Be sure to take advantage of tracking mechanisms for marketing efforts whenever possible – such as unique 800 numbers or website analytic reports – so that you can make adjustments to maximize performance of campaigns (or dump marketing efforts that are not producing desired results). Goals should also be set for all areas of a marketing plan so that you can measure the performance of marketing tactics against business objectives.

SALES METHODOLOGIES

Personal selling is a promotional method in which one party uses skills and techniques for building personal relationships with another party that results in both parties obtaining value. Personal selling occurs whenever an individual salesperson sells a product, service or solution to a client.

Sales methods

There are many different sales methods that can be used to complete a sale and form the required relationships. Determining which sales method is more effective depends on what you are selling, who you are selling to and when you are selling it.

AIDA Method

AIDA is an acronym that stands for Attention, Interest, Desire and Action. This is a method that looks at the steps a client will undertake from when they first becomes aware of the product or service, to when they are making a purchase decision.

Attention – Get the other person’s interest
Interest – Spark their curiosity
Desire – Create the need
Action – Get them to commit to something

Need satisfaction

The need satisfaction technique is a question and answer technique to make the client to recognise the need for your offering. This then leads to the client agreeing that they have a need to be fulfilled, which leads to you showing them how your offer can satisfy their needs. This method is based on a win-win approach for both the sales person and the client.

Depth Theory

Depth Theory is when a creation of trust occurs between the buyer and seller. The seller uses expertise in their product, service or industry to create trust between themselves and the buyer. The client will see the salesperson as an expert in that area and will trust them to solve the issues that they have.

 Step process

The 7 step process is a plan of action that starts at the planning and preparation to make the sale and leads to after sale follow ups. The 7 steps are:
1.   Planning and preparation
2.   Introduction or opening
3.   Questioning
4.   Presentation
5.   Overcoming objections/negotiating
6.   Closing
7.   After-sales follow-up

communication and door2door marketing management

Effective communication and advertising management is important to not only correctly identify a target audience, but also to reach this audience efficiently through different information channels. There are many benefits of successfully managing these marketing communications, including, but not limited to:

  • A higher Return on Investment  (ROI)
  • Reaching more of your target audience
  • Reduced costs for door2door marketing
  • Types of market segmentation:
    • Demographic segmentation: gender, age, income, education, occupation
    • Geographic segmentation: city, state, country
    • Psychographic segmentation: attitudes, values, attitudes, lifestyle
    • Behavioural segmentation: purchasing patterns, loyalty status

Implementing a door2door marketing Strategy

 

Implementing a Marketing Strategy Execution Plan, known to Fulcrum and our clients as a “Sprint Plan” is the most effective way to prevent this highway-less journey , door2door marketing Companies Mundhwa Pune. A Marketing Strategy is a set of strategic goal-focused plans for a certain period of time.

door2door marketing Strategy and Planning

Implement your marketing plan

Your marketing plan must do more than just say what you want to happen. It must describe each step required to make sure that it happens.

Schedule
The plan should include a schedule of key tasks. This sets out what will be done, and by when. Refer to the schedule as often as possible to avoid losing sight of your objectives under the daily workload.

Team And Resources
It should also assess what resources you need. For example, you might need to think about what brochures you need, and whether they need to be available for distribution. You might also need to look at how much time it takes to sell to customers and whether you have enough salespeople.

Cost
The cost of everything in the plan needs to be included in a budget. If your finances are limited, your plan will need to take that into account. Don’t spread your marketing activities too thinly – it is better to concentrate your resources to make the most of your budget. You may also want to link your marketing budget to your sales forecast.

Control
As well as setting out the schedule, the plan needs to say how it will be controlled. You need an individual who takes responsibility for pushing things along. A good schedule and budget should make it easy to monitor progress. When things fall behind schedule, or costs overrun, you need to be ready to do something about it and to adapt your plan accordingly.

 

Marketing Execution – Plan, Execute, Track, Measure

Everyone likes to talk about creating a marketing plan. It’s the fun part of marketing, the creative aspect of your planning process and door2door marketing Companies Mundhwa Pune. But strategy without execution won’t help your business succeed. In fact, marketing execution is how you achieve results.

Create your marketing strategy

Decide how to market your product or service to potential customers by developing a marketing strategy that positions your product to particular customers

Write a marketing execution plan

How to identify your objectives and write a plan that will help your marketing generate sales, including tactics and objectives

Marketing on a tight budget

How to get the most out of a small or limited marketing budget using cost-effective marketing methods such as Public Relations and online marketing

Marketing your business in Pune

How to market your business effectively in pune including researching your target audience and establishing new contacts

Mundhwa Pune

door2door marketing Companies Mundhwa Pune

Get in touch with us, we would love to discuss your marketing needs.

We love a good coffee and a challenge, so would behappy to meet up with you face to face.

Marketing Company in Pune

Call Us :-08433772261
Email:- info@fulcrumresources.in

Mundhwa Pune

 

B2B Marketing: 

Fulcrum is a magnet for businesses with well-defined goals and a desire to harness the latest advantages that marketing and technology can offer.

Face To Face Marketing : 

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.

Product Sampling :

Fulcrum are a highly recommended provider of product sampling staff. We specialise in the implementation of sampling campaigns using our in house sampling team and logistical know-how.

Dealer Marketing: 

Dealer marketing is of utmost importance for the success of any brand. For most brands, dealers, distributors and resellers are critical links to success.

Direct Marketing:  

we can help with everything from planning and design to production and delivery ensuring your direct marketing campaigns are delivered on time to the highest quality.

Guerrilla Marketing:

When it comes to guerrilla marketing the gloves are off. They are usually low budget campaigns but with the right imagination and ideas they offer up some unprecedented results

Retail Marketing:

Fulcrum is a dynamic-retail marketing agency born in tradition, fueled by innovation, and living at the intersection of commerce and imagination.

Direct Selling : 

Much like product demonstrations these campaigns have brand reps or ambassadors at the center of them. The difference is it’s more about the selling of the product

Retail Audits & Merchandising:

Auditing takes the reps out off the front line and away from the consumer. Auditing teams are used by marketers to monitor traditional marketing strategies that they put in place across retail.

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,

Product Demonstrations:

As mentioned already, demo days are a popular tool of field marketing. These campaigns can stretch from as little as one week to 6 months however some are continuous and full time.

Street Marketing: 

We will still need to spend time interacting with people, face-to-face, Street Marketing. Personal interaction is what makes the world go around

door2door marketing 

door2door marketing Companies Mundhwa Pune

The team at Fulcrum has delivering successful Shopping Centre Marketing Campaigns across a wide range of shopping centres and retail complexes. From major  retail locations to local community focused shopping centres; we have secured real, measurable results across the board.

Marketing Plan and Marketing Strategy

door2door marketing | door2door marketing Companies Mundhwa Pune

Mundhwa ,  Pune

Mundhwa an eastern suburb of Pune is bounded by the Mula River and Kharadi on its north, Manjri towards the east, Hadapsar in the south and Koregaon Park towards the west. The whole stretch of Mundhwa-Keshav Nagar is among the many areas in east Pune which has attracted the attention of many reputed real estate developers. This small stretch is a fast-developing location, as it offers a convenient drive to the city’s central business district, Camp and the Pune Junction. The property prices on the stretch are comparatively more affordable than Kharadi, Hadapsar and Koregaon Park. This locality is merely 4.2 km from Kharadi IT Park while 4 km from Magarpatta IT Park and this ensures steady demand of residential properties as well as rentals are concerned. Bharat Forge’s Special Economic Zone (SEZ) named as Khed City is the biggest SEZ in Pune, spread over 1000 hectares is located close to Mundhwa. Other important localities situated close to Mundhwa are Vadgaon Sheri, Kharadi, Amanora Park Town, Magarpatta City, Hadapsar, Keshav Nagar, Ghorpadi, Koregaon Park, Yerwada, Viman Nagar, Kondhwa, Dhanori, Lohegaon. This locality comes under Pune Municipal Corporation limits. It is one of the rare locations in Pune where buying a budget home in a strategic location is still possible. It is mainly a locality for mid-income and upper middle class home buyers where variety of new residential projects and resale options available to choose from. This locality is ideal for IT employees from the Magarpatta, Koregaon Park, Kharadi and Kalyani Nagar IT hubs, which are within few km away. Some of the key residential projects in Mundhwa are Venkatesh Graffiti, Vertical Oriana, Geras Misty Waters, Mantra Insignia among others.

Mundhwa an eastern suburb of Pune is bounded by the Mula River and Kharadi on its north, Manjri towards the east, Hadapsar in the south and Koregaon Park towards the west. The whole stretch of Mundhwa-Keshav Nagar is among the many areas in east Pune which has attracted the attention of many reputed real estate developers. This small stretch is a fast-developing location, as it offers a convenient drive to the city’s central business district, Camp and the Pune Junction. The property prices on the stretch are comparatively more affordable than Kharadi, Hadapsar and Koregaon Park. This locality is merely 4.2 km from Kharadi IT Park while 4 km from Magarpatta IT Park and this ensures steady demand of residential properties as well as rentals are concerned. Bharat Forge’s Special Economic Zone (SEZ) named as Khed City is the biggest SEZ in Pune, spread over 1000 hectares is located close to Mundhwa. Other important localities situated close to Mundhwa are Vadgaon Sheri, Kharadi, Amanora Park Town, Magarpatta City, Hadapsar, Keshav Nagar, Ghorpadi, Koregaon Park, Yerwada, Viman Nagar, Kondhwa, Dhanori, Lohegaon. This locality comes under Pune Municipal Corporation limits. It is one of the rare locations in Pune where buying a budget home in a strategic location is still possible. It is mainly a locality for mid-income and upper middle class home buyers where variety of new residential projects and resale options available to choose from. This locality is ideal for IT employees from the Magarpatta, Koregaon Park, Kharadi and Kalyani Nagar IT hubs, which are within few km away. Some of the key residential projects in Mundhwa are Venkatesh Graffiti, Vertical Oriana, Geras Misty Waters, Mantra Insignia among others.

Connectivity

PMPML & Rainbow BRTS buses frequently available from Mundhwa and connects the locality to the other neighbouring localities such as Vadgaon Sheri, Kharadi, Amanora Park Town, Magarpatta City, Hadapsar, Keshav Nagar, Ghorpadi, Koregaon Park, Yerwada, Viman Nagar, Kondhwa, Dhanori, Lohegaon etc.

Ghorpadi and Magarpatta are the two major internal roads to Mundhwa which further has its access with Mumbai Highway (NH 65).
The locality enjoys excellent connectivity to Pune International Airport which is located at a distance of 8.6 km via Beed-Ahmednagar-Pune Road/Mundhwa Kharadi Road.
Hadapsar, Ghorpuri, Pune Junction, Manjari Budruk are nearby railway stations to Mundhwa. However, Pune Junction is the major railway station to Mundhwa which is located at a driving distance of 8 km via Ghorpadi Main Road.

Factors for past growth
Its proximity to Bharat Forge’s Special Economic Zone (SEZ) along with Magarpatta, Koregaon Park, Kharadi and Kalyani Nagar IT Parks have been a plus point, driving residential demand and development as well as consistent rental yield.

Factors for future growth
With affordable property rates, availability of huge land parcel along with proximity to Pune International Airport and Pune Junction Railway Station will attract the middle-class homebuyers as the property rates in this stretch is still affordable compared to Kharadi, Hadapsar, Koregaon Park, and Magarpatta Park.
Planned roads and excellent infrastructure facilities have successfully established Mundhwa as a favorite destination in Pune. With an increase in the city’s population, the IT boom and a resulting large migrant population, the region has seen considerable rental demands for 1 BHK apartments in Mundhwa.

Employment hubs near Mundhwa.
Magarpatta City
EON IT Park
Rajiv Gandhi Infotech Park
MIDC Knowledge Park
Hinjewadi IT Park
International Tech Park
Hadapsar Industrial Estate
Cybercity

Infra Development (Social & Physical)
Mundhwa offers very good social infrastructure to its residents. Some of the reputed schools in Mundhwa include the Orbis School, Kidzee, KLAY Prep School and Day Care, Sarthi English Medium School, Lonkar High School, Euro Kids, Shanti Memorial School, Clara Global School among others. It also houses some quality educational institutions and colleges nearby. These are Pune Zilha Shikshan Mandal’s Law College, Shanti College of Commerce, K.J. Somaiya College, College of Events & Media Koregaon Park, Sadhana ladies College, Sadhana Vidyalaya and RR Shinde Junior College, PDEA’s Law College Pune etc.
Some of the leading hospitals in Mundhwa include Columbia Asia Hospital, Aditya Hospital, Life Care Multispeciality Hospital, Chaitanya General Hospital, Noble Hospital, Villoo Poonawalla Hospital, Lotus Hospital etc.
Seasons Mall, Nitesh Mall, Amanora Mall, Central Mall, The Pavillion etc. are some of the nearby mall which caters the daily needs of the residents of Mundhwa and Keshav Nagar. It also houses retail outlets of famous national and international brands such as Saira Retail Outlets, Cantabil Retail India Limited, Myjio Store, Pantaloons, Louis Philippe, Shoppers Stop, Max Fashion, Lifestyle Stores, The Arvind Store among few.

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door2door marketing Companies Mundhwa Pune

door2door marketing Companies Mundhwa Pune

Pune

Pimpri-Chinchwad

Aurangabad

Kolhapur

Nashik

Nagpur

Ahmednagar

Akola

Amravati

KOTHRUD
Koregaon Park
Kondhwa
Kondhwa Budruk
Kharadi
Katraj
Kalyani Nagar
Kalewadi
Hinjewadi
Dhayari
Dhanori
Deccan Gymkhana
Chikhali
Camp
Bavdhan
Undri
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Aundh
Wakad
Wagholi
Talegaon Dabhade
Sinhagad Road
Shivajinagar
Pimpri
Pimple Saudagar
Pimple Nilakh
Pashan
NIBM
NIBM Annexe
Mundhwa
Magarpatta
Hadapsar
Balewadi

 

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door2door marketing Companies | Direct Marketing company in pune

Fulcrum Marketing Services in Pune are the catalyst to bringing your advertising vision to life. While many ideas start in a boardroom, you need experienced marketers on the ground who are able to conceptualize, plan and execute a well thought-out marketing campaign in the field.

we supply the experience, connections, relationships, and knowledge needed to maximize the potential return on investment for each of our clients as well as help identify and pursue select market opportunities as they come available, door2door marketing Companies | Direct Marketing company in pune. Our local insight allows us to create exceptional investment potential for our partners and clients and enhanced living experience for our residents.

CREATING COMMUNITIES WHERE PEOPLE ARE EAGER TO LIVE AND RELUCTANT TO LEAVE

We define and position apartment homes for success. We are passionate about the residential experience and the qualitative and quantitative points that drive us to make strategic decisions that inform what a home should be — specific to its marketplace.

Results are realized through both the speed of lease-ups and financial performance of the on-going stabilized investment.

MARKET RESEARCH
We crunch the numbers, ask the questions, assess current trends and forecast future trends with detailed, up-to-date research to understand our markets; Ensuring our clients have the right data points to make the best decisions going forward.

MARKET POSITIONING
What’s the experience living here? What’s the story and name of this place? Our experience and insight allows us to identify and position each project’s distinctive offerings as its market niche. We provide an understanding that goes deeper than looking at trends. We create sought-after, thoughtfully executed apartment communities that are compatible with their surrounding neighborhoods.

MARKETING STRATEGY
Overall success relies on a thoughtful marketing strategy. In a constantly changing environment, we develop and implement each marketing initiative specific to your audience and budget. Reaching consumers in a way that educates and informs; ultimately creating product desirability and excellent rates of return.

 

 

FIELD AUDITING

Compliance auditing is a core marketing function and can be critical to the success of a brand – particularly during range reviews, new product launches and key promotional events.

At Field Sales Solutions we have vast experience of compliance and auditing across all channels and fascias thus giving our clients an in-depth understanding of availability, visibility and depth of stock available at any given time of the day.  This can be as part of a ‘Brand Snapshot’ activity or to support a new initiative.

Our compliance and audit teams are fully trained not only to audit to clients requirements, but where required, to fix any non-compliant issues immediately.

Our compliance and auditing service extends beyond the basic service and can include placing stock orders, pulling stock forward, merchandising, siting point of sale or talking to staff members about the product/promotion to encourage brand engagement.

We believe Field Sales Solutions add real value through compliance auditing – why not give us a call to find out if we can help you?

 

Retailer Training

Getting Retailers to sell your product for you has to be the ultimate win doesn’t it? You want Retailers to understand your proposition, whether it be a product or a service. You want to know that Retailers are confident to talk to your Consumers directly – ideally proactively, but as a minimum be able to answer key questions about your product or service.

Field Sales Solutions believe in the value of briefing, coaching and training Retailers to support your Brands and to support the Retailers develop and grow their business.  Why not give us a call to find out if we can help you?

 

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Face to Face Marketing and Door to Door Marketing 

Professional Qualified Sales Experts present products and services, calling on companies using our proven door2door Marketing Companies , door-to-door sales technique and door2door Marketing Companies in mumbai.

We convert potential customers to sustainable clients in the shortest space of time( door to door sales, door2door Marketing Companies ). 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. door2door Marketing Companies 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?

Marketing

Sales & merchandising
Shopper  & Retail Marketing 
Direct sales 
Sales promotion
Consumer sales promotions
Trade sales promotions
Promotions team

Product launches
Product sampling
Free Sampling Activities
Demonstration Activities
Merchandising

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 agency in Hinjewadi

Why Your Pipeline Problem is Actually a Conversation Problem

Baseball season is upon us—it’s an exciting time in my household, but it also comes with discouragement since this doesn’t seem to be “the year” for my team. The coach’s explanation for the team’s lackluster play? The players are young, the team is still coming together—and in the end, we get the answer no sports fan ever wants to hear: It’s a process.

Unfortunately, I often hear the same answer from sales organizations looking to improve the conversion of leads and opportunities to billable revenue. A client recently noted that their deals either close right away, or take forever to close—if at all.

Naturally they want to know how and why that happens, so they embarked on an exhaustive pipeline progression analysis to find out why. They looked at marketing and sales qualification of leads, broke down the timelines, determined how long leads were in the pipeline, and calculated the quote-to close-ratio.

Their result? Reps weren’t following “the process”—they weren’t developing their engagement plans, filling out their opportunity sheets, or checking off all the boxes in their CRM system.

That’s all important, but it misses the point. Studies show that 89 percent of first sales meetings fail to get a second meeting because the seller hasn’t shown business value. And business executives value that level of expertise and four times more than just having a great relationship with a seller. In fact, 74 percent of executive buyers will choose to work with the company that creates a buying vision.

Fixing sales process issues only helps fix the few deals that manage to get to the second call. And often those opportunities are doomed for reduced prices and squeezed margins because they didn’t start from a position of differentiation.

Even sellers who are “leading with insight” could be hurting their pipeline progression. One recent study by Corporate Visions and Dr. Zakary Tormala revealed that asking diagnostic questions and providing insights requires a very specific cadence and timing if you want to get prospects to admit their pain. Similarly, another study by the same team found that creating risk with a great insight is only the start of a status quo-busting conversation. To actually open prospects up to change, you need to also show how you can resolve the risks you’ve identified with the alternative, safe scenario you’re proposing.

Solving the challenges in pipeline progression isn’t a process problem—it’s a conversation problem. If you want sellers to close long-term business, you have to help them succeed in the first sales call. Here are a few tips to help:

Defeat the status quo with neuroscience: Sellers that jump right to the conversation about why your company and products can help solve buyer challenges miss the fact that many buyers still haven’t committed to doing anything different. That’s called the “status quo bias,” and as sellers, it’s a bigger enemy than the competitors in your market. The good news: You can overcome buyer inaction with a “why change” story that reveals inconsistencies or uncertainties in the way your prospect is doing business today. By making prospects aware of the costs of doing nothing, you’ll bring about a shift in the way they perceive change, and make them more open to the possibility of doing something different with you.

Create a buying vision with social psychology: Researcher Daniel Kahneman noted that people are two to three times more motivated to make a change to avoid a loss than they are to achieve a gain. Sellers can inject uniqueness and urgency into customer conversations by messaging to prospects’ unconsidered needs—challenges or issues they’ve overlooked or underestimated. By basing your selling message around unconsidered needs, you can show prospects how the pain of doing nothing is actually far greater than the pain of change. That will create the buying vision you need to get to a second meeting.

Use behavioral economics to tell visual stories: The Picture Superiority Effect points to the profound impact that simple visuals can have on a customer conversation, and speaks to the idea that prospects process change emotionally, not rationally. Visual storytelling through a simple “why change” story provides the insights and contrast you need to convince your prospect that he or she is unsafe in their current situation, and that you are uniquely qualified to guide them to a new and better change scenario.

In baseball, teams and managers who ask fans to “trust the process” may be glossing over a weak farm system and clear skills gaps in their current players. And much like those managers, companies that think the sales process is the key to fixing pipeline progress may be missing the point. Pipeline progression can only be successful if reps are equipped to nail the first conversation—it’s the only way to get customers to “play ball.”

 

 

 

 

 

door2door Marketing Companies in Pune

door2door Marketing Companies in mumbai

rural marketing , Paper insertions, Identity Branding, Sales Management,

B To B Branding, Product Demonstration, Customer Satisfaction Surveys

 

door2door Marketing Companies in mumbai

Face to Face Marketing and Door to Door Marketing 

Professional Qualified Sales Experts present products and services, calling on companies using our proven door2door Marketing Companies , door-to-door sales technique and door2door Marketing Companies in mumbai.

We convert potential customers to sustainable clients in the shortest space of time( door to door sales, door2door Marketing Companies ). 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. door2door Marketing Companies 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?

Marketing

Sales & merchandising
Shopper  & Retail Marketing 
Direct sales 
Sales promotion
Consumer sales promotions
Trade sales promotions
Promotions team

Product launches
Product sampling
Free Sampling Activities
Demonstration Activities
Merchandising

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 koregaon park

Sales Management – An Overview

Sales Management – An Overview

The art of meeting and exceeding the sales goals of an organization through effective planning, controlling, budgeting and leadership refers to sales management.

Sales Management helps the organization to achieve the sales targets efficiently.

Process of Sales Management

  1. Sales Planning

    • Marketers must plan things well in advance for the best results. It is essential to have concrete plans. Mere guess works do not help in business.
    • Know your product well. Sales professionals must know the USPs and benefits of the product for the consumers to believe them.
    • Identify your target market.
    • Sales Planning makes the products available to the end users at the right time and at the right place.
    • Sales Planning helps the marketers to analyze the customer demands and respond efficiently to fluctuations in the market.
    • Devise appropriate strategies to increase the sales of the products.
  2. Sales Reporting

    • Sales strategies are implemented in this stage.
    • Check the effectiveness of the various strategies. Find out whether they are bringing the desired results or not.
    • The sales representatives should be aware of their roles and responsibilities in the organization.
    • It is essential for the organization to evaluate the outcome of proposed strategies for any particular department. Organizations depend on KPI also called Key Performance Indicator or simply Performance Indicator to measure the effectiveness of implemented strategies.
    • Ask the sales team to submit reports of what all they have done throughout the week. The management must sit with the sales team frequently to assess their performance and chalk out future course of actions.
    • Mapping individual performance over time is essential.
  3. Sales Process

    • Sales representatives should work as a single unit for maximum productivity. A systematic approach results in error free work.
    • The management must make sure sales managers follow a proper channel to reach out to the customers. It pays to adopt a step by step approach.

Sales professionals should follow the below mentioned steps for maximum sales and better output. Do not ignore any step.

  1. Initial Contact/Lead
    • Collect necessary data of potential customers once the target market is decided.
  2. Information Exchange
    • Inform the customers about various product offerings.
    • Make the customers aware of your brand and its benefits.
    • The information exchange can be either:

      Over the telephone or
      Face to face interaction with the potential customer.

  3. Lead Generation
    • Make a list of the people who show inclination towards purchasing your organization’s products or services.
    • The sales representatives must identify those who have the potential to buy their products.
  4. Need Identification
    • Fix a meeting with the prospective buyers. Sit with the client and try to find out more about his needs and expectations.
    • Suggest them various options which would fulfill their demands.
  5. Qualified Prospect
    • Identify individuals who are keen on purchasing your company’s products or services.
  6. Proposal
    • Once the buyer agrees to purchase particular products, the seller presents a written proposal to him quoting the rates as well as other necessary terms and conditions. Such a document is often called a proposal.
  7. Negotiation
    • Negotiation is a stage where two parties (buyer and seller) discuss and negotiate for the best deal beneficial to all.
  8. Closing of Deal
    • This is the stage where the transaction between the seller and buyer takes place. The selling happens in this stage.
  9. After Sales Service
    • Keep in touch with the customers even after the purchase for higher customer retention.

 

Corporate Branding – A Discussion

Today branding as an image building and identity building process has been adopted by virtually every segment of the society. Though we are more aware of branding in the products and services sectors, corporate branding as well as branding by different sectors such as sports, NGO, Cultural and religious organizations including country and regional brand building by nations can be witnessed in different fields. Branding and image building has become an important exercise for all Organizations as well as institutions.

As far as the organizations go, brand building has become a strategic move, one that is not owned and crafted by their marketing departments. It is the CEOs and the senior management who own and manage the corporate brand identity. In fact in some cases, the promoters of the Organizations have their own individual brand identity coupled with having to build and manage their Business or corporate identity as well. Richard branson is perhaps the best example where he is a brand in himself as well as owns the corporate brand of ‘Virgin’ Group.

Corporate brand is not just a brand identity for the organization. It is actually representative of the core values, ethics and the value proposition that the organization stands for in relation to its business and its customers. To a large extent the corporate brand is also the ambassador of the culture and value system of the Organization and its reputation.

Brand value or measure of a corporate brand has to be evaluated in terms of its relevant to the customers, its value proposition to its customers as well as its value as perceived by the investors as well. The stock market sentiments are perhaps reflectors of the brand image and value of a corporate brand. As far as the investors are concerned, they measure the company’s performance in terms of brand value too, besides the balance sheet performance. Industry experts have created models to measure the brand equity of an organization as well as to measure the brand value in the eyes of investors etc.

Maintaining the core brand value, the brand image lies with the management of the Organization. Creating and delivering the brand value experience is an activity that encompasses the entire Organization including all business processes and employees of the Organization.

In the changing market environment, the customer perceptions and requirements keep changing as well. The Corporate branding has got to be managed keeping in line with the new developments as well. There has got to be continuous enhancement of value offering by the Corporate brand keeping in line with the changing markets and consumer perceptions. Take the case of IBM. The corporate brand image took a beating for some time when the Organization which was a leader in its industry segment lost touch with the changing environment and failed to keep up with the changing needs. It took a while for the Organization to realize its mistake and make the required changes to divest certain businesses and strengthen their focus on the key business segment and once again rise to the challenge of becoming a leader in its segment. Though the corporate brand did take a beating, the brand image and value certainly helped the organization charter its new course and make that course correction without losing its reputation in the market.

Today’s consumers and customers are highly aware and make their informed choices. To be able to build customer loyalty and sustain the leadership position in the long run, the organization has got to work on its corporate brand value and deliver superior brand experience at all times. The brand experience is a mixture of real time experience that is the outcome of interaction with the customer as well as his perception of the brand experience which is a cumulative impression of his past and present experience, knowledge as well as the perception of the Organizational value and reputation.

 

 

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

 

Articales from http://www.managementstudyguide.com

 

 

Successful Sales Practices Use Success Metrics

 

It is hard, almost impossible, to measure sales success unless you have something to measure with. I like to cook.  Most of the time I ignore the required measurements for the ingredients I’m using if it is a recipe that I’ve prepared before.  But, if it is a new dish, then I follow the recipe ‘almost’ to the letter.  It helps me improve my probability of success.  Selling functions the same way.  If you want to improve your probability of your sales success, then you have to have a recipe, a formula so to speak, and you must measure what the formula requires.  We call these success metrics.

In a recent newsletter about developing sales plans, I discussed success in sales and the importance of a ‘sales business plan’.  My last post referencing the newsletter, Sales Success Practices Start With the End in Mind, discussed the importance of having a clear vision or goal of where you want your practice to be in a specific time horizon.  If you think of this goal as an ultimate destination, you would want to establish ‘mile markers’ or check points along the way to measure your progress towards your goal.  These measures / metrics help you do two things:  1) establish how far you’ve come and 2) predict how far you have to go and how long it will take you to get there.  It is the 2nd point that often gets WAY overlooked and ignored and it is what we have to discuss today.

When establishing your goals, you need to identify what Verne Harnish calls ‘smart numbers’. 

 

These are the numbers that, in selling, would help you predict your future sales or financial health.  They could include, but should not be limited to, the following:

  • The number of contacts made each day/week/month
  • The number of contacts converted to 1st time appointments
  • The number of 1st appointments converted to opportunities
  • The number of opportunities converted to presentations
  • The number of presentations converted to closed sales
  • The average size sale
  • The length of your sales cycle

Yes, this resembles having call sheets.  I don’t care and neither should you as a sales professional. I’ve known highly successful sales people that can retrieve at any given moment their entire history of sales activity.  This information is what helps predict and validate their success.  It gives them the road map to their success.  It helps them determine if they are on course and, when they are off course, it helps them figure out what they have to change.

Operating a sales business without metrics is akin to taking a cross country drive without a roadmap or signs to guide you.  Yes, you may get there, and yes, you might see some wonderful country along the way.  If your objective is to ‘get there’effectively and quickly, whereever ‘there’ is, then traveling with a map (today we use GPS) is the best way to accomplish that objective

 

 

 

door2door Marketing Companies in Pune

door2door Marketing Companies in mumbai

rural marketing , Paper insertions, Identity Branding, Sales Management,

B To B Branding, Product Demonstration, Customer Satisfaction Surveys

 

door2door Marketing Companies in Pune

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.

Marketing

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 agency in Hinjewadi

Why Your Pipeline Problem is Actually a Conversation Problem

Baseball season is upon us—it’s an exciting time in my household, but it also comes with discouragement since this doesn’t seem to be “the year” for my team. The coach’s explanation for the team’s lackluster play? The players are young, the team is still coming together—and in the end, we get the answer no sports fan ever wants to hear: It’s a process.

Unfortunately, I often hear the same answer from sales organizations looking to improve the conversion of leads and opportunities to billable revenue. A client recently noted that their deals either close right away, or take forever to close—if at all.

Naturally they want to know how and why that happens, so they embarked on an exhaustive pipeline progression analysis to find out why. They looked at marketing and sales qualification of leads, broke down the timelines, determined how long leads were in the pipeline, and calculated the quote-to close-ratio.

Their result? Reps weren’t following “the process”—they weren’t developing their engagement plans, filling out their opportunity sheets, or checking off all the boxes in their CRM system.

That’s all important, but it misses the point. Studies show that 89 percent of first sales meetings fail to get a second meeting because the seller hasn’t shown business value. And business executives value that level of expertise and four times more than just having a great relationship with a seller. In fact, 74 percent of executive buyers will choose to work with the company that creates a buying vision.

Fixing sales process issues only helps fix the few deals that manage to get to the second call. And often those opportunities are doomed for reduced prices and squeezed margins because they didn’t start from a position of differentiation.

Even sellers who are “leading with insight” could be hurting their pipeline progression. One recent study by Corporate Visions and Dr. Zakary Tormala revealed that asking diagnostic questions and providing insights requires a very specific cadence and timing if you want to get prospects to admit their pain. Similarly, another study by the same team found that creating risk with a great insight is only the start of a status quo-busting conversation. To actually open prospects up to change, you need to also show how you can resolve the risks you’ve identified with the alternative, safe scenario you’re proposing.

Solving the challenges in pipeline progression isn’t a process problem—it’s a conversation problem. If you want sellers to close long-term business, you have to help them succeed in the first sales call. Here are a few tips to help:

Defeat the status quo with neuroscience: Sellers that jump right to the conversation about why your company and products can help solve buyer challenges miss the fact that many buyers still haven’t committed to doing anything different. That’s called the “status quo bias,” and as sellers, it’s a bigger enemy than the competitors in your market. The good news: You can overcome buyer inaction with a “why change” story that reveals inconsistencies or uncertainties in the way your prospect is doing business today. By making prospects aware of the costs of doing nothing, you’ll bring about a shift in the way they perceive change, and make them more open to the possibility of doing something different with you.

Create a buying vision with social psychology: Researcher Daniel Kahneman noted that people are two to three times more motivated to make a change to avoid a loss than they are to achieve a gain. Sellers can inject uniqueness and urgency into customer conversations by messaging to prospects’ unconsidered needs—challenges or issues they’ve overlooked or underestimated. By basing your selling message around unconsidered needs, you can show prospects how the pain of doing nothing is actually far greater than the pain of change. That will create the buying vision you need to get to a second meeting.

Use behavioral economics to tell visual stories: The Picture Superiority Effect points to the profound impact that simple visuals can have on a customer conversation, and speaks to the idea that prospects process change emotionally, not rationally. Visual storytelling through a simple “why change” story provides the insights and contrast you need to convince your prospect that he or she is unsafe in their current situation, and that you are uniquely qualified to guide them to a new and better change scenario.

In baseball, teams and managers who ask fans to “trust the process” may be glossing over a weak farm system and clear skills gaps in their current players. And much like those managers, companies that think the sales process is the key to fixing pipeline progress may be missing the point. Pipeline progression can only be successful if reps are equipped to nail the first conversation—it’s the only way to get customers to “play ball.”

 

 

 

 

 

door2door Marketing Companies in Pune

door2door Marketing Companies in mumbai

rural marketing , Paper insertions, Identity Branding, Sales Management,

B To B Branding, Product Demonstration, Customer Satisfaction Surveys

 

door2door Marketing Companies in Pune

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.

Marketing

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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Sales Management – An Overview

Sales Management – An Overview

The art of meeting and exceeding the sales goals of an organization through effective planning, controlling, budgeting and leadership refers to sales management.

Sales Management helps the organization to achieve the sales targets efficiently.

Process of Sales Management

  1. Sales Planning

    • Marketers must plan things well in advance for the best results. It is essential to have concrete plans. Mere guess works do not help in business.
    • Know your product well. Sales professionals must know the USPs and benefits of the product for the consumers to believe them.
    • Identify your target market.
    • Sales Planning makes the products available to the end users at the right time and at the right place.
    • Sales Planning helps the marketers to analyze the customer demands and respond efficiently to fluctuations in the market.
    • Devise appropriate strategies to increase the sales of the products.
  2. Sales Reporting

    • Sales strategies are implemented in this stage.
    • Check the effectiveness of the various strategies. Find out whether they are bringing the desired results or not.
    • The sales representatives should be aware of their roles and responsibilities in the organization.
    • It is essential for the organization to evaluate the outcome of proposed strategies for any particular department. Organizations depend on KPI also called Key Performance Indicator or simply Performance Indicator to measure the effectiveness of implemented strategies.
    • Ask the sales team to submit reports of what all they have done throughout the week. The management must sit with the sales team frequently to assess their performance and chalk out future course of actions.
    • Mapping individual performance over time is essential.
  3. Sales Process

    • Sales representatives should work as a single unit for maximum productivity. A systematic approach results in error free work.
    • The management must make sure sales managers follow a proper channel to reach out to the customers. It pays to adopt a step by step approach.

Sales professionals should follow the below mentioned steps for maximum sales and better output. Do not ignore any step.

  1. Initial Contact/Lead
    • Collect necessary data of potential customers once the target market is decided.
  2. Information Exchange
    • Inform the customers about various product offerings.
    • Make the customers aware of your brand and its benefits.
    • The information exchange can be either:

      Over the telephone or
      Face to face interaction with the potential customer.

  3. Lead Generation
    • Make a list of the people who show inclination towards purchasing your organization’s products or services.
    • The sales representatives must identify those who have the potential to buy their products.
  4. Need Identification
    • Fix a meeting with the prospective buyers. Sit with the client and try to find out more about his needs and expectations.
    • Suggest them various options which would fulfill their demands.
  5. Qualified Prospect
    • Identify individuals who are keen on purchasing your company’s products or services.
  6. Proposal
    • Once the buyer agrees to purchase particular products, the seller presents a written proposal to him quoting the rates as well as other necessary terms and conditions. Such a document is often called a proposal.
  7. Negotiation
    • Negotiation is a stage where two parties (buyer and seller) discuss and negotiate for the best deal beneficial to all.
  8. Closing of Deal
    • This is the stage where the transaction between the seller and buyer takes place. The selling happens in this stage.
  9. After Sales Service
    • Keep in touch with the customers even after the purchase for higher customer retention.

 

Corporate Branding – A Discussion

Today branding as an image building and identity building process has been adopted by virtually every segment of the society. Though we are more aware of branding in the products and services sectors, corporate branding as well as branding by different sectors such as sports, NGO, Cultural and religious organizations including country and regional brand building by nations can be witnessed in different fields. Branding and image building has become an important exercise for all Organizations as well as institutions.

As far as the organizations go, brand building has become a strategic move, one that is not owned and crafted by their marketing departments. It is the CEOs and the senior management who own and manage the corporate brand identity. In fact in some cases, the promoters of the Organizations have their own individual brand identity coupled with having to build and manage their Business or corporate identity as well. Richard branson is perhaps the best example where he is a brand in himself as well as owns the corporate brand of ‘Virgin’ Group.

Corporate brand is not just a brand identity for the organization. It is actually representative of the core values, ethics and the value proposition that the organization stands for in relation to its business and its customers. To a large extent the corporate brand is also the ambassador of the culture and value system of the Organization and its reputation.

Brand value or measure of a corporate brand has to be evaluated in terms of its relevant to the customers, its value proposition to its customers as well as its value as perceived by the investors as well. The stock market sentiments are perhaps reflectors of the brand image and value of a corporate brand. As far as the investors are concerned, they measure the company’s performance in terms of brand value too, besides the balance sheet performance. Industry experts have created models to measure the brand equity of an organization as well as to measure the brand value in the eyes of investors etc.

Maintaining the core brand value, the brand image lies with the management of the Organization. Creating and delivering the brand value experience is an activity that encompasses the entire Organization including all business processes and employees of the Organization.

In the changing market environment, the customer perceptions and requirements keep changing as well. The Corporate branding has got to be managed keeping in line with the new developments as well. There has got to be continuous enhancement of value offering by the Corporate brand keeping in line with the changing markets and consumer perceptions. Take the case of IBM. The corporate brand image took a beating for some time when the Organization which was a leader in its industry segment lost touch with the changing environment and failed to keep up with the changing needs. It took a while for the Organization to realize its mistake and make the required changes to divest certain businesses and strengthen their focus on the key business segment and once again rise to the challenge of becoming a leader in its segment. Though the corporate brand did take a beating, the brand image and value certainly helped the organization charter its new course and make that course correction without losing its reputation in the market.

Today’s consumers and customers are highly aware and make their informed choices. To be able to build customer loyalty and sustain the leadership position in the long run, the organization has got to work on its corporate brand value and deliver superior brand experience at all times. The brand experience is a mixture of real time experience that is the outcome of interaction with the customer as well as his perception of the brand experience which is a cumulative impression of his past and present experience, knowledge as well as the perception of the Organizational value and reputation.

 

 

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Articales from http://www.managementstudyguide.com

 

 

Successful Sales Practices Use Success Metrics

 

It is hard, almost impossible, to measure sales success unless you have something to measure with. I like to cook.  Most of the time I ignore the required measurements for the ingredients I’m using if it is a recipe that I’ve prepared before.  But, if it is a new dish, then I follow the recipe ‘almost’ to the letter.  It helps me improve my probability of success.  Selling functions the same way.  If you want to improve your probability of your sales success, then you have to have a recipe, a formula so to speak, and you must measure what the formula requires.  We call these success metrics.

In a recent newsletter about developing sales plans, I discussed success in sales and the importance of a ‘sales business plan’.  My last post referencing the newsletter, Sales Success Practices Start With the End in Mind, discussed the importance of having a clear vision or goal of where you want your practice to be in a specific time horizon.  If you think of this goal as an ultimate destination, you would want to establish ‘mile markers’ or check points along the way to measure your progress towards your goal.  These measures / metrics help you do two things:  1) establish how far you’ve come and 2) predict how far you have to go and how long it will take you to get there.  It is the 2nd point that often gets WAY overlooked and ignored and it is what we have to discuss today.

When establishing your goals, you need to identify what Verne Harnish calls ‘smart numbers’. 

 

These are the numbers that, in selling, would help you predict your future sales or financial health.  They could include, but should not be limited to, the following:

  • The number of contacts made each day/week/month
  • The number of contacts converted to 1st time appointments
  • The number of 1st appointments converted to opportunities
  • The number of opportunities converted to presentations
  • The number of presentations converted to closed sales
  • The average size sale
  • The length of your sales cycle

Yes, this resembles having call sheets.  I don’t care and neither should you as a sales professional. I’ve known highly successful sales people that can retrieve at any given moment their entire history of sales activity.  This information is what helps predict and validate their success.  It gives them the road map to their success.  It helps them determine if they are on course and, when they are off course, it helps them figure out what they have to change.

Operating a sales business without metrics is akin to taking a cross country drive without a roadmap or signs to guide you.  Yes, you may get there, and yes, you might see some wonderful country along the way.  If your objective is to ‘get there’effectively and quickly, whereever ‘there’ is, then traveling with a map (today we use GPS) is the best way to accomplish that objective

 

 

 

door2door Marketing Companies in Pune

door2door Marketing Companies in mumbai

rural marketing , Paper insertions, Identity Branding, Sales Management,

B To B Branding, Product Demonstration, Customer Satisfaction Surveys