d2d Marketing Outsourcing firm 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 d2d Marketing Outsourcing firm , door-to-door sales technique and d2d Marketing Outsourcing firm in mumbai.

We convert potential customers to sustainable clients in the shortest space of time( door to door sales, d2d Marketing 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. d2d Marketing 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?

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 Agent in Kothrud

A conversation with Avery Lerner, VP of enterprise accounts at Oracle

We were excited to chat recently with Avery Lerner, vice president of enterprise accounts in the Oracle financing division. Read how Avery evolved into his current position, how the financing division interacts with sales and marketing, and much more!

Q. How has your experience with Oracle and past jobs prepared you for your role today?

I’ve been at Oracle for around 15 years and we’ve grown from about 40,000 employees to over 120,000 employees since I started. My prior experience has enabled me to see how a wide array of different organizations that we’ve acquired assimilate into the Oracle culture. It has also helped me identify the attributes needed for new people to successfully join a company of our size.

Q. How does finance interact with the marketing and sales team?

Our sales organization is very focused versus being horizontally spread. Most salespeople are not necessarily experts in financial acumen, but instead they are focused on building relationships and understanding the products for our customers. As part of the financing division, we try to support them by serving as an “all-things-finance” virtual member of the team, and help them wherever they need.

Q. How has your mastery of financial acumen allowed you to be effective personally and professionally?

If you have an idea and don’t share it, you’re just going to get run over by a steamroller. If you really want to excel and help your company move forward, it’s about stepping up and not worrying about your job title. The challenge can be setting the definition yourself versus letting someone else do it for you. I try to use a broad description for my role and not let my title pigeonhole me. Instead, it’s about making the focus about your customers.

Q. What’s the #1 piece of advice you would give to your peers?

The best employee is the one who doesn’t worry about his job description. If I had worried about that and only focused on what I was hired to do, my career would not have advanced as it did.

Q. What are you looking forward to most at the Marketing & Sales Alignment conference?

I think it’s a good opportunity to hear what my peers have to say. Anytime I can step out of doing tactical work provides a chance to learn something new.

For more with Avery, join us at our upcoming Marketing & Sales Alignment Conference, where he’ll be delivering a presentation called “You Get Delegated to Whom You Sound Like: Building Business and Financial Acumen.”

 

 

 

 

 

d2d Marketing Outsourcing firm in Pune

d2d Marketing Outsourcing firm in mumbai

rural marketing , Business To Business advertisement, B2B Activation, online advertising,

Business Parks Promotion, multiplexes selling, Human Capital Development

 

d2d Marketing Outsourcing firm 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 d2d Marketing Outsourcing firm , door-to-door sales technique and d2d Marketing Outsourcing firm in mumbai.

We convert potential customers to sustainable clients in the shortest space of time( door to door sales, d2d Marketing 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. d2d Marketing 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?

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 Companies in Viman Nagar

Marketing Model based on Customer Value Creation through Market Sensing and Learning

Introduction

We are living in revolutionary times where the outdated and outmoded thinking about economics, business and virtually every sphere of life is being challenged by newer ways of thought.

Gone are the days when businesses and marketers had certainties about the marketplace and customer preferences and tastes. Instead, what we have now is a fast changing marketplace where change is the only constant and the ability to respond to changing market conditions becomes the prerequisite for success.

In this context, it is worth noting that businesses can only survive in these times by anticipating what the customers want and by getting into the minds of customers instead of post facto response that has been the hallmark of marketing till now. What this means is that instead of focusing on transactional, brand or relationship marketing, marketers need to move up the value chain and focus on value based marketing.

What are Market Sensing and Learning ?

Market sensing and learning is the first stage towards creating a path of transforming the firm into a highly competitive one that does not merely react to market trends but instead sets the market or is a trendsetter in its own right.

The point here is that to succeed in the uber competitive marketplace of today, companies need to get the pulse of the market before their competitors and as explained in the previous section, they need to be “psychic” in this endeavour where they get into the minds of the customers and learn to gauge what the customer wants next.

To achieve this goal, firms need to enhance their marketing research capabilities to extend beyond data based analysis to a stage where advanced sensing and intelligence about the market or “Market IQ” drives the learning process.

Market Sensing and Learning Strategy

First, to introduce what is meant by market sensing and learning and how it differs from market research, we need to consider the analogy of a “Black Swan” (a concept popularised by the famous business expert Nassim Nicholas Taleb).

According to Taleb, till the first black swan was sighted, we took it as gospel that swans are white and hence discounted the other possibilities. Only when explorers sighted the first black swan in Australia did people consider the possibility that Swans can be black.

What this analogy tells us is that there is lot of information in the market that is simply not known to marketers and unless they change their perspective and way of looking at information gleaned from customers, they would be like the proverbial swans are only white kind of people.

The analogy serves the purpose of this discussion in so far as appreciating the fact that businesses tend to discount the improbable simply because it is beyond the comprehension of their managers. Unless businesses develop the art of knowing the unknowns they cannot succeed in delivering value to the customers.

Hence, the takeaway from this example is that market sensing and learning goes beyond conventional ways of market research and instead presupposes a radically new way of enhancing our knowledge of the market.

Recent trends have shown unless firms raise their “Market IQ” substantially, they tend to fall behind in the race to the top. Market IQ can be enhanced by using sophisticated techniques like ethnographic market research, study of internet trends, neuro marketing, and by recourse to futurology where marketers can collate the information at their disposal to arrive at an extrapolation of these trends to peer into the future.

Unless marketers develop the art of sensing the direction in which the market is headed and learning from the customer by going beyond conventional market research, they cannot deliver value to the customer simply because they are not in a position to know what the customer wants.

Pathway to Customer Value Creation

We have seen how market sensing and learning represent the first stage in creating a pathway towards customer value based market strategy. To expand on this further, one needs to consider the fact that once the businesses understand the customer and the market well, they are in a position to deliver value to the customer which is the overall aim of the strategic transformation that businesses seek in today’s world.

Once the businesses understand and “know” the customer, then they can evolve beyond responding to changing market conditions and instead pre-empt what is going to happen next and tailor their strategies accordingly.

The point here is that raising one’s IQ leads individuals towards anticipating future trends and the enhanced intelligence allows for better analysis of complexity. Customer value is arrived at after combining a host of factors and variables, which interact with other variables, raising Market IQ is needed to make sense of the market trends and customer preferences.

This process of getting to know the customer needs and aspirations is essential to delivering value and hence the ability to sense and learn from the market is the first step towards creating value for the customer.

However, it needs to be mentioned that achieving market sensing and learning capabilities envision a break from conventional thinking and what marketers need to understand is that the emerging fields of complexity and systems thinking have to be harnessed to develop broad based market sensing and learning capabilities.

Once the businesses are in a position to gauge the market mood, then they can go to the next steps of making strategic choices and decisions that create customer value and drive the value based marketing strategies of the businesses.

Conclusion

The turbulent and chaotic marketplace of the 21st century needs capabilities that go beyond mechanistic modes of thinking and hence what is needed is an ability to create value by understanding complexity and behaviour of the customers.

Customer value is created only when the expectations of the customer and the product features or the service delivery meet or when these exceed the expectations of the customer. Hence, to achieve this, the first step is to know what the expectations of the customer are and then to tailor the marketing strategies accordingly.

And to know what the customer expectations are, businesses need to have processes in place that aid them in this endeavour. And the first steps in establishing these processes that can aid them in this pathway are market sensing and learning.

In conclusion, as businesses evolve into a phase where customer value is paramount as opposed to merely customer service, they need to reorient their strategies and the discussion so far has shown how to create customer value, one needs to first understand what the customer wants.

 

 

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

 

Articales from http://www.managementstudyguide.com

 

 

Managing Integrated Marketing Communication

Managing Integrated Marketing Communication

Integrated marketing communication is an approach to promote products and services (brand promotion) where various modes of marketing are integrated so that similar message goes to the customers. According to integrated marketing communication, all aspects of marketing communication work together to promote brands more effectively among end-users and also for better results. Brands are promoted through advertising, sales promotions, banners, hoardings, public relations, social networking sites and so on simultaneously to increase brand awareness among potential end-users.’

One of the most effective ways to promote brands is through effective communication. Organizations need to communicate well with not only the potential customers but also existing customers. Communicating effectively not only strengthens relationship with your clients but also gives organizations an edge over competitors. Remember, effective communication enables message and relevant information to reach the recipients in the desired manner. Why would a customer invest in your brand if he/she is not aware of the product’s features and benefits? The unique selling points of brands need to be communicated well to the end-users by effectively integrating various brand promotion tools.

Following are the various ways which enable organizations to communicate effectively with customers.

  • Advertising
  • Online Promotions
  • Direct Marketing
  • Hoardings, Banners
  • PR Activities
  • Internet, Emails and so on.

Marketers need to promote two way communication with customers. The feedback of customers is essential and should be monitored regularly, if you really wish to survive in the long run. Your customers must be able to reach you conveniently for them to develop a sense of attachment and loyalty towards your brand.

Various modes of brand communication need to be managed effectively so that similar message reaches customers. For Example if your advertisement says your products are eco friendly, the bill boards, and banners must also share the same message. The integration needs to be done smartly and effectively.

  • The first step towards managing integrated marketing communication is to identify the target audience. You need to understand who all are the customers who would actually benefit from your products. Understand their needs and expectations.
  • The second step is to know what you intend to communicate. No brand promotion tools would help unless and until you are really sure of what you want to share with your potential and existing customers.
  • Carefully design your message. Check the content of the message, message structure, format, spellings and so on.
  • The next step is to identify the various channels of communication. You need to be really careful while selecting the channel of communication so that the right message goes to the right customer at the right place and right time.
  • Allocate right resources for brand promotion. Decide how much can you spend on various marketing and promotional activities. A marketer needs to wisely assign budgets for various promotional activities such as advertising, PR activities, banners and so on.
  • The most crucial step is to measure the results of integrated marketing communication. Find out whether the combination of all marketing tools has actually helped you reach a wider audience and promote your brands more effectively.

 

A Story of Renewal: Elements of a Good “Why Stay” Message

 

In a sales conversation, a great “Why Change” story is all about disruption. It sets the scene in your prospect’s world, then hammers away on the status quo, casting it as a dark and dangerous place where they can’t achieve their business goals. It’s like the ocean in Jaws. Things might be nice and refreshing at first, but disruption is circling around you, ready to bite at any moment. Then, at the precise right time, the story pivots to a better way, a provocative insight your prospect hasn’t even considered before. With your solution, your customer can be the heroic lifeguard that saves the day.

But in a Why Stay story, a renewal conversation where you’re looking to keep an existing customer, the story moves on a different arc. As it should. After all, the purpose of a Why Stay Story is fundamentally different than the Why Change story, as Corporate Visions research confirms.

The key finding from the research is that you need to do two things well to make the biggest impact with your renewal messaging:

1. You need to document the specific results of your partnership and share those first before trying to affirm why you were, and continue to be, the right choice for your customer.

2. You then need to provide more expanded detail about the recent advances in your solution that are helping your customers keep pace with the market and anything your competition is offering.

When it comes to what kind of message works best in a renewal scenario, the results speak for themselves.

Let’s go into a little more detail about the different elements of the best “Why Stay” story.

Act 1: Set the tone with recent successes.

A Why Change story sets the scene solidly in the world of a prospect’s goals and objectives. It presents what it is they want to achieve, both today and in the future. On the other hand, a powerful Why Stay story starts by showcasing the recent successes of working with your company. You might talk about how good things are going today, why they chose you in the first place, and how your relationship tracks well for the future. In other words, you want to validate their original decision to choose you, showing that you’ve helped shore up the key performance challenges you promised you’d improve at the outset.

Act 2: The status quo is your happy place.

A Story of Renewal: Elements of a Good “Why Stay” Message

In a sales conversation, a great “Why Change” story is all about disruption. It sets the scene in your prospect’s world, then hammers away on the status quo, casting it as a dark and dangerous place where they can’t achieve their business goals. It’s like the ocean in Jaws. Things might be nice and refreshing at first, but disruption is circling around you, ready to bite at any moment. Then, at the precise right time, the story pivots to a better way, a provocative insight your prospect hasn’t even considered before. With your solution, your customer can be the heroic lifeguard that saves the day.

But in a Why Stay story, a renewal conversation where you’re looking to keep an existing customer, the story moves on a different arc. As it should. After all, the purpose of a Why Stay Story is fundamentally different than the Why Change story, as Corporate Visions research confirms.

The key finding from the research is that you need to do two things well to make the biggest impact with your renewal messaging:

1. You need to document the specific results of your partnership and share those first before trying to affirm why you were, and continue to be, the right choice for your customer.

2. You then need to provide more expanded detail about the recent advances in your solution that are helping your customers keep pace with the market and anything your competition is offering.

2. You then need to provide more expanded detail about the recent advances in your solution that are helping your customers keep pace with the market and anything your competition is offering.

 

 

d2d Marketing Outsourcing firm in Pune

d2d Marketing Outsourcing firm in mumbai

rural marketing , Business To Business advertisement, B2B Activation, online advertising,

Business Parks Promotion, multiplexes selling, Human Capital Development

 

d2d Marketing Outsourcing firm 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 Agent in Kothrud

A conversation with Avery Lerner, VP of enterprise accounts at Oracle

We were excited to chat recently with Avery Lerner, vice president of enterprise accounts in the Oracle financing division. Read how Avery evolved into his current position, how the financing division interacts with sales and marketing, and much more!

Q. How has your experience with Oracle and past jobs prepared you for your role today?

I’ve been at Oracle for around 15 years and we’ve grown from about 40,000 employees to over 120,000 employees since I started. My prior experience has enabled me to see how a wide array of different organizations that we’ve acquired assimilate into the Oracle culture. It has also helped me identify the attributes needed for new people to successfully join a company of our size.

Q. How does finance interact with the marketing and sales team?

Our sales organization is very focused versus being horizontally spread. Most salespeople are not necessarily experts in financial acumen, but instead they are focused on building relationships and understanding the products for our customers. As part of the financing division, we try to support them by serving as an “all-things-finance” virtual member of the team, and help them wherever they need.

Q. How has your mastery of financial acumen allowed you to be effective personally and professionally?

If you have an idea and don’t share it, you’re just going to get run over by a steamroller. If you really want to excel and help your company move forward, it’s about stepping up and not worrying about your job title. The challenge can be setting the definition yourself versus letting someone else do it for you. I try to use a broad description for my role and not let my title pigeonhole me. Instead, it’s about making the focus about your customers.

Q. What’s the #1 piece of advice you would give to your peers?

The best employee is the one who doesn’t worry about his job description. If I had worried about that and only focused on what I was hired to do, my career would not have advanced as it did.

Q. What are you looking forward to most at the Marketing & Sales Alignment conference?

I think it’s a good opportunity to hear what my peers have to say. Anytime I can step out of doing tactical work provides a chance to learn something new.

For more with Avery, join us at our upcoming Marketing & Sales Alignment Conference, where he’ll be delivering a presentation called “You Get Delegated to Whom You Sound Like: Building Business and Financial Acumen.”

 

 

 

 

 

d2d Marketing Outsourcing firm in Pune

d2d Marketing Outsourcing firm in mumbai

rural marketing , Business To Business advertisement, B2B Activation, online advertising,

Business Parks Promotion, multiplexes selling, Human Capital Development

 

d2d Marketing Outsourcing firm 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 Companies in Viman Nagar

Marketing Model based on Customer Value Creation through Market Sensing and Learning

Introduction

We are living in revolutionary times where the outdated and outmoded thinking about economics, business and virtually every sphere of life is being challenged by newer ways of thought.

Gone are the days when businesses and marketers had certainties about the marketplace and customer preferences and tastes. Instead, what we have now is a fast changing marketplace where change is the only constant and the ability to respond to changing market conditions becomes the prerequisite for success.

In this context, it is worth noting that businesses can only survive in these times by anticipating what the customers want and by getting into the minds of customers instead of post facto response that has been the hallmark of marketing till now. What this means is that instead of focusing on transactional, brand or relationship marketing, marketers need to move up the value chain and focus on value based marketing.

What are Market Sensing and Learning ?

Market sensing and learning is the first stage towards creating a path of transforming the firm into a highly competitive one that does not merely react to market trends but instead sets the market or is a trendsetter in its own right.

The point here is that to succeed in the uber competitive marketplace of today, companies need to get the pulse of the market before their competitors and as explained in the previous section, they need to be “psychic” in this endeavour where they get into the minds of the customers and learn to gauge what the customer wants next.

To achieve this goal, firms need to enhance their marketing research capabilities to extend beyond data based analysis to a stage where advanced sensing and intelligence about the market or “Market IQ” drives the learning process.

Market Sensing and Learning Strategy

First, to introduce what is meant by market sensing and learning and how it differs from market research, we need to consider the analogy of a “Black Swan” (a concept popularised by the famous business expert Nassim Nicholas Taleb).

According to Taleb, till the first black swan was sighted, we took it as gospel that swans are white and hence discounted the other possibilities. Only when explorers sighted the first black swan in Australia did people consider the possibility that Swans can be black.

What this analogy tells us is that there is lot of information in the market that is simply not known to marketers and unless they change their perspective and way of looking at information gleaned from customers, they would be like the proverbial swans are only white kind of people.

The analogy serves the purpose of this discussion in so far as appreciating the fact that businesses tend to discount the improbable simply because it is beyond the comprehension of their managers. Unless businesses develop the art of knowing the unknowns they cannot succeed in delivering value to the customers.

Hence, the takeaway from this example is that market sensing and learning goes beyond conventional ways of market research and instead presupposes a radically new way of enhancing our knowledge of the market.

Recent trends have shown unless firms raise their “Market IQ” substantially, they tend to fall behind in the race to the top. Market IQ can be enhanced by using sophisticated techniques like ethnographic market research, study of internet trends, neuro marketing, and by recourse to futurology where marketers can collate the information at their disposal to arrive at an extrapolation of these trends to peer into the future.

Unless marketers develop the art of sensing the direction in which the market is headed and learning from the customer by going beyond conventional market research, they cannot deliver value to the customer simply because they are not in a position to know what the customer wants.

Pathway to Customer Value Creation

We have seen how market sensing and learning represent the first stage in creating a pathway towards customer value based market strategy. To expand on this further, one needs to consider the fact that once the businesses understand the customer and the market well, they are in a position to deliver value to the customer which is the overall aim of the strategic transformation that businesses seek in today’s world.

Once the businesses understand and “know” the customer, then they can evolve beyond responding to changing market conditions and instead pre-empt what is going to happen next and tailor their strategies accordingly.

The point here is that raising one’s IQ leads individuals towards anticipating future trends and the enhanced intelligence allows for better analysis of complexity. Customer value is arrived at after combining a host of factors and variables, which interact with other variables, raising Market IQ is needed to make sense of the market trends and customer preferences.

This process of getting to know the customer needs and aspirations is essential to delivering value and hence the ability to sense and learn from the market is the first step towards creating value for the customer.

However, it needs to be mentioned that achieving market sensing and learning capabilities envision a break from conventional thinking and what marketers need to understand is that the emerging fields of complexity and systems thinking have to be harnessed to develop broad based market sensing and learning capabilities.

Once the businesses are in a position to gauge the market mood, then they can go to the next steps of making strategic choices and decisions that create customer value and drive the value based marketing strategies of the businesses.

Conclusion

The turbulent and chaotic marketplace of the 21st century needs capabilities that go beyond mechanistic modes of thinking and hence what is needed is an ability to create value by understanding complexity and behaviour of the customers.

Customer value is created only when the expectations of the customer and the product features or the service delivery meet or when these exceed the expectations of the customer. Hence, to achieve this, the first step is to know what the expectations of the customer are and then to tailor the marketing strategies accordingly.

And to know what the customer expectations are, businesses need to have processes in place that aid them in this endeavour. And the first steps in establishing these processes that can aid them in this pathway are market sensing and learning.

In conclusion, as businesses evolve into a phase where customer value is paramount as opposed to merely customer service, they need to reorient their strategies and the discussion so far has shown how to create customer value, one needs to first understand what the customer wants.

 

 

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Articales from http://www.managementstudyguide.com

 

 

Managing Integrated Marketing Communication

Managing Integrated Marketing Communication

Integrated marketing communication is an approach to promote products and services (brand promotion) where various modes of marketing are integrated so that similar message goes to the customers. According to integrated marketing communication, all aspects of marketing communication work together to promote brands more effectively among end-users and also for better results. Brands are promoted through advertising, sales promotions, banners, hoardings, public relations, social networking sites and so on simultaneously to increase brand awareness among potential end-users.’

One of the most effective ways to promote brands is through effective communication. Organizations need to communicate well with not only the potential customers but also existing customers. Communicating effectively not only strengthens relationship with your clients but also gives organizations an edge over competitors. Remember, effective communication enables message and relevant information to reach the recipients in the desired manner. Why would a customer invest in your brand if he/she is not aware of the product’s features and benefits? The unique selling points of brands need to be communicated well to the end-users by effectively integrating various brand promotion tools.

Following are the various ways which enable organizations to communicate effectively with customers.

  • Advertising
  • Online Promotions
  • Direct Marketing
  • Hoardings, Banners
  • PR Activities
  • Internet, Emails and so on.

Marketers need to promote two way communication with customers. The feedback of customers is essential and should be monitored regularly, if you really wish to survive in the long run. Your customers must be able to reach you conveniently for them to develop a sense of attachment and loyalty towards your brand.

Various modes of brand communication need to be managed effectively so that similar message reaches customers. For Example if your advertisement says your products are eco friendly, the bill boards, and banners must also share the same message. The integration needs to be done smartly and effectively.

  • The first step towards managing integrated marketing communication is to identify the target audience. You need to understand who all are the customers who would actually benefit from your products. Understand their needs and expectations.
  • The second step is to know what you intend to communicate. No brand promotion tools would help unless and until you are really sure of what you want to share with your potential and existing customers.
  • Carefully design your message. Check the content of the message, message structure, format, spellings and so on.
  • The next step is to identify the various channels of communication. You need to be really careful while selecting the channel of communication so that the right message goes to the right customer at the right place and right time.
  • Allocate right resources for brand promotion. Decide how much can you spend on various marketing and promotional activities. A marketer needs to wisely assign budgets for various promotional activities such as advertising, PR activities, banners and so on.
  • The most crucial step is to measure the results of integrated marketing communication. Find out whether the combination of all marketing tools has actually helped you reach a wider audience and promote your brands more effectively.

 

A Story of Renewal: Elements of a Good “Why Stay” Message

 

In a sales conversation, a great “Why Change” story is all about disruption. It sets the scene in your prospect’s world, then hammers away on the status quo, casting it as a dark and dangerous place where they can’t achieve their business goals. It’s like the ocean in Jaws. Things might be nice and refreshing at first, but disruption is circling around you, ready to bite at any moment. Then, at the precise right time, the story pivots to a better way, a provocative insight your prospect hasn’t even considered before. With your solution, your customer can be the heroic lifeguard that saves the day.

But in a Why Stay story, a renewal conversation where you’re looking to keep an existing customer, the story moves on a different arc. As it should. After all, the purpose of a Why Stay Story is fundamentally different than the Why Change story, as Corporate Visions research confirms.

The key finding from the research is that you need to do two things well to make the biggest impact with your renewal messaging:

1. You need to document the specific results of your partnership and share those first before trying to affirm why you were, and continue to be, the right choice for your customer.

2. You then need to provide more expanded detail about the recent advances in your solution that are helping your customers keep pace with the market and anything your competition is offering.

When it comes to what kind of message works best in a renewal scenario, the results speak for themselves.

Let’s go into a little more detail about the different elements of the best “Why Stay” story.

Act 1: Set the tone with recent successes.

A Why Change story sets the scene solidly in the world of a prospect’s goals and objectives. It presents what it is they want to achieve, both today and in the future. On the other hand, a powerful Why Stay story starts by showcasing the recent successes of working with your company. You might talk about how good things are going today, why they chose you in the first place, and how your relationship tracks well for the future. In other words, you want to validate their original decision to choose you, showing that you’ve helped shore up the key performance challenges you promised you’d improve at the outset.

Act 2: The status quo is your happy place.

A Story of Renewal: Elements of a Good “Why Stay” Message

In a sales conversation, a great “Why Change” story is all about disruption. It sets the scene in your prospect’s world, then hammers away on the status quo, casting it as a dark and dangerous place where they can’t achieve their business goals. It’s like the ocean in Jaws. Things might be nice and refreshing at first, but disruption is circling around you, ready to bite at any moment. Then, at the precise right time, the story pivots to a better way, a provocative insight your prospect hasn’t even considered before. With your solution, your customer can be the heroic lifeguard that saves the day.

But in a Why Stay story, a renewal conversation where you’re looking to keep an existing customer, the story moves on a different arc. As it should. After all, the purpose of a Why Stay Story is fundamentally different than the Why Change story, as Corporate Visions research confirms.

The key finding from the research is that you need to do two things well to make the biggest impact with your renewal messaging:

1. You need to document the specific results of your partnership and share those first before trying to affirm why you were, and continue to be, the right choice for your customer.

2. You then need to provide more expanded detail about the recent advances in your solution that are helping your customers keep pace with the market and anything your competition is offering.

2. You then need to provide more expanded detail about the recent advances in your solution that are helping your customers keep pace with the market and anything your competition is offering.

 

 

d2d Marketing Outsourcing firm in Pune

d2d Marketing Outsourcing firm in mumbai

rural marketing , Business To Business advertisement, B2B Activation, online advertising,

Business Parks Promotion, multiplexes selling, Human Capital Development

 

marketing Supplier in JB Nagar

ABOUT FIELD MARKETING

WHAT IS FIELD MARKETING? Field marketing and marketing Supplier in JB Nagar is becoming more popular for companies in various industries. From food and beverage to consumer goods. It’s a tool that can be used to showcase latest products or services in a face to face environment with consumers. Furthermore companies recognise the importance of having brand ambassadors and reps on the ‘front line’ introducing the public to new innovations or delicious treats. This is done in the ‘field’; around shopping centers and in retail hot spots, expos and events, university campus’ and sport stadiums to name a few. Most campaign activities focus on customer facing roles including product demonstrations, direct selling and street training teams. However not all field marketing is consumer facing such as auditing and merchandising. Goals and outcomes of field marketing will differ from company to company. Some campaigns are designed to increase brand awareness or sales. While others may be to collect data and feedback about the product and its market. At Splatter we have all the tools necessary for the clients desired outcome to be achieved WHAT A FIELD MARKETING TEAM LOOKS LIKE. For successful field marketing campaigns companies might have dedicated teams within their business whose task it is to be creative and manage field marketing initiatives. However agencies are also on hand to support a campaign. By offering staff, management and infrastructure the client can focus on the more creative aspect of the campaign. A field marketing agency and  marketing Supplier in JB Nagar tends to work in territories operating with reps within their own regions. Often overlooked by regional or national managers depending on the scale of the team. Although territory management is more important for wide scale national distributing business, smaller brands are recognising the importance of managing promotions on a more local scale using teams to promote, audit and sell in their regions.

WHAT CAN FIELD MARKETING DO FOR YOUR BUSINESS?

1. 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. For consumer goods this would mean having brand representatives in retail stores and around shopping centers, events or road shows. Finally The Brand Ambassadors are engaging with the consumer and showing them how the product or service works. This is important as it allows a potential buyer to get hands on experience and a feel of ownership of the product; most importantly the rep is also on hand to answers any questions the customer may have. Although a sell is great the main aim of a demo campaign is brand awareness. Food and beverage take a slightly differently approach. By handing out free samples and one off deals of their product around retail and events, consumers are getting a taste of the brands latest delicious treats and at the same time everyone loves free food! Sampling is a fun activation and is effective when bringing new products to the high street. Marketing Training Learn more about product demonstrations by checking out our in depth guide here.

2. 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. Sales rep might have targets to adhere to. Finally these campaigns are super effective during peak times when the difference in a sale or not can be having a knowledgeable brand rep in store. Product Demonstrations Learn more about what direct selling is in our guide here.

3. RETAIL AUDITS AND 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. Most of all audits ensure that the brand is represented as it should be on shelves and around retail hot spots. Examples are; checking POS is as it should be across the territories, promotions advertised and running and paid spaces such as gondolas are set up. The data collected from the teams can be useful for the marketers to negotiate better future deals. In addition it also allows for mistakes to be rectified there and then by the reps. Splatter offer a live system that can be monitored by the client in real team meaning that red flags in the field can be dealt with instantaneously .Store Audits and Merchandising To learn more about Audits and merchandising view our guide here.

4. 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. Furthermore the term ‘Guerrilla Marketing’ itself is used to refer to campaigns that surprise consumers in locations and ways they might not usually expect. For that reason the experience remains with the consumer.

5. PRODUCT SAMPLING

Product Sampling To learn more about sampling work and what that involves view our guide here. WHO DOES WHAT? FIELD MARKETING REP: These guys and girls are the cream of the crop, they are masters of everything. Sometimes they may be conducting training sessions on major proportion for a retailers whole selling team. Another role they find themselves in are in is in the field collecting data and conducted audits. Finally everything in between including sales, merchandising, and working at events. Their primary concern is to drive brand awareness across their region through face to face with consumer and staff on a retail level. Read about what being a field marketing rep is all about here. FIELD MARKETING MANAGER: The field manager’s role is to oversee the field reps; it is their duty to ensure the field marketing campaigns achieves the clients intended goal. As the manager of all the region, they hold the responsibility of ensuring that all reps are trained and directed towards the client’s goals. In addition the field marketing manager will work closely with the clients marketing executives to align the marketing objectives and goals with team in the field. Finally they will then report the findings and feedback from the team. Read more about what being a field marketing manager entails here. BRAND AMBASSADOR/BRAND REP As we know by now the BA role is one of the most crucial in field marketing. Ultimately they are usually supplied by the marketing agency and are tasked with promoting and representing the client’s brand. This can work well within a University by hiring a student to represent the brand around campus; this is perfect for low budget campaigns as sometimes all it takes is giving the BA some products to show off. Some larger scale business’ use celebrities to endorse their product and services by making them the face of their brand using social media to promote to their following. Learn about the various roles within the Field Marketing industry are by reading our guide here. You can also join our team by signing up here. DO YOU NEED FIELD MARKETING? Field marketing as you have seen is a useful tool to accompany other traditional marketing strategies. For example a company might pay a huge amount of money for prime advertising spot during a major sports event. However if this is the case it is important for the brand to follow up with demos in stores. If there is a brand rep placed in store the following few days after the advertising campaign the customer is more likely to come over and ask some questions about the product. Another reason you might need field marketing is to ensure your budget has been well spent. After investing into a large scale in-store promotion campaign you want to ensure that it is implemented to the standard agreed with the retailer. Data can be collected by auditing teams and analysed to see if the money had been well spent. Furthermore it also gives opportunity for future campaigns to implemented with higher efficiency and success.      

marketing Supplier in JB Nagar

Understanding Customer Lifetime Value

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How can you tell if your company is succeeding? Usually by looking at operating metrics like sales, revenues, and profit margin and then comparing these figures to your annual projections, historical numbers, or competitors in the same industry. But what metrics can you use to determine your company’s success in the long term? One of the most useful calculations is the company’s customer lifetime value or CLV. As the term implies, the customer lifetime value represents the total amount of money that a particular customer is likely to spend over his or her lifetime. It’s easy to see how CLV can be used to help predict future revenues for a company.

How To Compute Customer Lifetime Value

There is a myriad of ways to calculate customer lifetime value, but the simplest one involves just three components: the average order value, the purchase frequency, and the customer lifetime length.

The average order value represents how much money the typical customer spends when he or she is placing an order. The quickest way to determine this figure is to take the total revenues for a given time period (i.e., per week, per month, per quarter, per year) and divide it by the number of orders in that time period.

The purchase frequency represents how often a typical customer makes a purchase with your company. This can be computed by taking the total number of orders in a given time period and dividing it by the total number of customers in that time period.

The customer lifetime length represents the length of the time period during which the typical customer makes purchases from your company. Unless a company possesses several years’ worth of sales data, this value can be difficult to calculate. For new businesses, the assumed customer lifetime length is usually about three years.

When you multiply these three metrics together, you get the customer lifetime value.

Here’s an example: Let’s say that you own a candy store and you want to determine the CLV of your business. When you scour your purchase records, you discover that the average order value is $12.50 and that each customer places 2.5 orders on average each month. You would multiply $12.50 and 2.5 to get $31.25, which is the average customer value per month. If you assume a customer lifetime length of three years, you would then multiply $31.25 by 36 (the number of months in three years) to get a customer lifetime value of $1,125.

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d2d Marketing Outsourcing firm in navi mumbai

Becoming Marketing Active: The Fulcrum Guide to Getting Started with Business Marketing –  In the first part of our guide to becoming marketing active d2d Marketing Outsourcing firm in navi mumbai, we looked at some of the reasons that drive a business to start marketing (if you missed part one, check it out here). But once you’ve made the decision to embark on a marketing strategy for your business, what next? Where do you start and what steps should you take to ensure a smooth and successful process? As is so often the case in business (and life!), preparation is key. So before rushing into any kind of marketing, it’s important to take the time to plan, research and strategise for success. In order to create an effective marketing strategy, you need to develop a thorough understanding of your market, your competitors and your business itself. This means getting back to basics and equipping yourself with all the information you need to identify marketing activities that work for your brand. 1) Research your target market How much do you know about the target audience of your product or service? We’re not just talking about age, sex or occupation (though, of course, you need to know these too). To have the best chance of reaching your target market, you need to dig deeper and find out exactly what drives them towards purchase. What kind of triggers are they most likely to respond to? Which elements of the marketing mix have the most impact on them? How will your product or service benefit them? Understanding these aspects of your target audience will enable you to position and market your brand accordingly, so comprehensive market research is essential. It’s often easier (and more cost-effective) to outsource this type of research to a professional agency who will be better placed to obtain the information you need. 2) Analyse your competition In order to stay ahead of your competitors, you need to know who they are, what they’re doing and how they’re doing it. Once you’ve identified who your key business competitors are, look into the marketing methods they’re using and the way in which they have positioned their brand. What channels and platforms have they chosen to market their business? How are they promoting their brand and its products/services? Consider which elements are crucial to your own business and how you can position your brand in order to get ahead. 3) Define your objectives What do you want to achieve from your marketing activity? Whether it’s to increase your revenue, establish your business in a new market segment or improve brand awareness, setting clear, measurable marketing objectives is vital in understanding what steps need to be taken in order to achieve these goals. Make sure that each identified objective is specific (how much do you want to increase revenue by?), achievable (is it realistic?) and has a timeframe for accomplishment (are you aiming to achieve this goal in three months or a year?). You also need to make sure that your marketing objectives tie in with your overall business objectives. 4) Understand your business You may think you have a pretty good understanding of your business, but it’s surprising what insights can be achieved when you conduct a thorough SWOT analysis (strengths, weaknesses, opportunities, threats). Be rigorous, be meticulous, and above all be brutally honest. Is a lack of staff training letting your business down? Are your prices too high to compete in today’s market? Arming yourself with this knowledge is invaluable in developing a marketing strategy that leverages your company’s strengths and addresses those areas which need to be improved. In the next instalment of the Fulcrum guide to becoming marketing active, we’ll be looking at the raft of marketing channels available and helping you to identify which ones are best for your business. If you have something to share on this topic, why not get in touch? Leave your comments below…  

d2d Marketing Outsourcing firm in navi mumbai

Understanding Customer Lifetime Value

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How can you tell if your company is succeeding? Usually by looking at operating metrics like sales, revenues, and profit margin and then comparing these figures to your annual projections, historical numbers, or competitors in the same industry. But what metrics can you use to determine your company’s success in the long term? One of the most useful calculations is the company’s customer lifetime value or CLV. As the term implies, the customer lifetime value represents the total amount of money that a particular customer is likely to spend over his or her lifetime. It’s easy to see how CLV can be used to help predict future revenues for a company.

How To Compute Customer Lifetime Value

There is a myriad of ways to calculate customer lifetime value, but the simplest one involves just three components: the average order value, the purchase frequency, and the customer lifetime length.

The average order value represents how much money the typical customer spends when he or she is placing an order. The quickest way to determine this figure is to take the total revenues for a given time period (i.e., per week, per month, per quarter, per year) and divide it by the number of orders in that time period.

The purchase frequency represents how often a typical customer makes a purchase with your company. This can be computed by taking the total number of orders in a given time period and dividing it by the total number of customers in that time period.

The customer lifetime length represents the length of the time period during which the typical customer makes purchases from your company. Unless a company possesses several years’ worth of sales data, this value can be difficult to calculate. For new businesses, the assumed customer lifetime length is usually about three years.

When you multiply these three metrics together, you get the customer lifetime value.

Here’s an example: Let’s say that you own a candy store and you want to determine the CLV of your business. When you scour your purchase records, you discover that the average order value is $12.50 and that each customer places 2.5 orders on average each month. You would multiply $12.50 and 2.5 to get $31.25, which is the average customer value per month. If you assume a customer lifetime length of three years, you would then multiply $31.25 by 36 (the number of months in three years) to get a customer lifetime value of $1,125.

 

Street Guerilla Promotion, d2d Marketing Outsourcing firm, d2d Marketing Outsourcing firm, d2d Marketing Outsourcing firm in pune, guerrilla Experiential marketing, Market Advertisement Experiential, Market Activity, , campus engagement interactive, RWA engagement interactive, Market engagement interactive, d2d Marketing Outsourcing firm in navi mumbai

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d2d Marketing Outsourcing firm in navi mumbai

Marketing and Sales companies d2d Marketing Outsourcing firm in navi mumbai with high quality, ethical, outsourced sales through transparent and effective business programs. We have a team of marketing and sales professionals and trainers who are committed to ensure effective delivery of the message from the client to a prospective customer. Our specialty is tailor-fitting our service to suit each individual client’s needs, ensuring compliance and delivering ethical sales every single time. We are focused on compliant and ethical selling that puts the needs of the customer first and we value transparency, integrity, diligence and hard work to ensure that our employees, clients and customers all get the best experience possible. We look for long term investments, in both our employees and our clients to ensure quality in our work, and in the opportunity for growth potential and stability for all parties involved.

Marketing

Door to Door Marketing

Face to Face Marketing

B 2 B Marketing

Field Marketing

Understanding Customer Lifetime Value

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How can you tell if your company is succeeding? Usually by looking at operating metrics like sales, revenues, and profit margin and then comparing these figures to your annual projections, historical numbers, or competitors in the same industry. But what metrics can you use to determine your company’s success in the long term? One of the most useful calculations is the company’s customer lifetime value or CLV. As the term implies, the customer lifetime value represents the total amount of money that a particular customer is likely to spend over his or her lifetime. It’s easy to see how CLV can be used to help predict future revenues for a company.

How To Compute Customer Lifetime Value

There is a myriad of ways to calculate customer lifetime value, but the simplest one involves just three components: the average order value, the purchase frequency, and the customer lifetime length.

The average order value represents how much money the typical customer spends when he or she is placing an order. The quickest way to determine this figure is to take the total revenues for a given time period (i.e., per week, per month, per quarter, per year) and divide it by the number of orders in that time period.

The purchase frequency represents how often a typical customer makes a purchase with your company. This can be computed by taking the total number of orders in a given time period and dividing it by the total number of customers in that time period.

The customer lifetime length represents the length of the time period during which the typical customer makes purchases from your company. Unless a company possesses several years’ worth of sales data, this value can be difficult to calculate. For new businesses, the assumed customer lifetime length is usually about three years.

When you multiply these three metrics together, you get the customer lifetime value.

Here’s an example: Let’s say that you own a candy store and you want to determine the CLV of your business. When you scour your purchase records, you discover that the average order value is $12.50 and that each customer places 2.5 orders on average each month. You would multiply $12.50 and 2.5 to get $31.25, which is the average customer value per month. If you assume a customer lifetime length of three years, you would then multiply $31.25 by 36 (the number of months in three years) to get a customer lifetime value of $1,125.

 

d2d Marketing Outsourcing firm in navi mumbai

 

Street Guerilla Promotion, d2d Marketing Outsourcing firm, guerrilla Experiential marketing, d2d Marketing Outsourcing firm in pune, Market Advertisement Experiential, Market Activity, , campus engagement interactive, RWA engagement interactive, Market engagement interactive,

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d2d Marketing Outsourcing firm in pune

B2B Experiential Marketing – When does it work?

What is experiential marketing? On the rise in recent years, d2d Marketing Outsourcing firm in pune and experiential marketing is all about customer interaction with your brand. It offers a unique experience with products or services, allowing customers to get a feel for how they would use it in their lives. For years marketers have been trying to get customers to use and trial their products. In this way it’s not a new concept; there have however, certainly been some innovative spins on how it’s done. Let’s look at experiential marketing, how it can work for B2Bs and some of the ways it can help build your brand.

Emotional + Experiential Branding = Experiential Marketing The two elements that underpin experiential marketing are emotional branding and experiential branding.

Emotional branding: is about building the relationship between your brand and customers. Promoting emotional benefits like brand trust, security and credibility as a result of engaging with your brand is crucial. Experiential branding: designs and creates interactions that are sensory in nature, which emotionally influences preferences, shaping brand perception, and influencing satisfaction and loyalty. An excellent experiential marketing campaign is able to fuse both elements seamlessly together. Experiential Marketing for B2Bs In recent years interest in B2B experiential marketing has grown and some of the initial hesitation surrounding it has been replaced with a working understanding, when to do it, and how it stimulates ROI. For B2Bs, experiential marketing is generally less obvious, with the focus often on services (for example) in place of B2C exciting product launches. Oftentimes the B2B budget is also stretched. However we are seeing marketers begin to recognise the potentials that the experience can offer consumers. “The success of brand experience within the B2C market has not gone unnoticed, and B2B marketers are waking up to the potential of brand experience. However, there is a long way to go before they catch up with their B2C counterparts.” – Graham Ede, Ion Group 3 Examples of B2B experiential marketing Location with B2Bs can be one of the major barriers, and while it may not be easy to do experiential marketing in quite the same way as B2C, there’s certainly room to employ some of the same principals. Creating sensory interactions that promote core feelings of trust, and awareness of your product or services is central to this. Fulcrum marketing in public spaces – Linked with experiential, some marketers use a form of Fulcrum marketing. They tend to hold this drive in places where there are high concentrations of business buyers. Branded promotional staff can offer business people the opportunity to enter in a promotion, or sign up to attend an event whilst promoting the benefits of the product.  demonstrations & reward – as part of a targeted marketing strategy, those in the IT space can offer information via webinar or video, which can showcase some aspects of the technology solution. Some marketing and web-based tools such as  offer a free trial period, together with online coaching via Skype. This allows the user to build confidence in using the tool, and to experience all of the benefits of the trial period. At the end of the trial period (7 days), the participant is given a report with feedback on how well they have used the tool. Then they are awarded a certificate. Surprises and games – Surprising customers by showing up where they least expect you, gifting them, or sending them a card is a way to provide an out of the box experience and drive brand awareness. Another option could be to exhibit at a partner’s event as IBM did. Their interactive stand came complete with a candy bar, and plasma screens which posted live tweets from event attendees. Digital technology such as apps and games are also opportunity areas, and while often costly, look set to become more widespread and affordable in future. Experiential marketing reflects the growing importance of emphasising emotions to build successful brands. Digital media offers expanding opportunities to offer such experiences. In the ever-competitive B2B marketplace, it’s no longer enough to rely on traditional modes for lead generation. B2B marketers need to consider the complete kit that is available to them including; social media, mobile, search, paid advertising, print, telemarketing and increasingly placing emotion at the heart of it all with an experiential approach.

d2d Marketing Outsourcing firm in pune

Understanding Customer Lifetime Value

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How can you tell if your company is succeeding? Usually by looking at operating metrics like sales, revenues, and profit margin and then comparing these figures to your annual projections, historical numbers, or competitors in the same industry. But what metrics can you use to determine your company’s success in the long term? One of the most useful calculations is the company’s customer lifetime value or CLV. As the term implies, the customer lifetime value represents the total amount of money that a particular customer is likely to spend over his or her lifetime. It’s easy to see how CLV can be used to help predict future revenues for a company.

How To Compute Customer Lifetime Value

There is a myriad of ways to calculate customer lifetime value, but the simplest one involves just three components: the average order value, the purchase frequency, and the customer lifetime length.

The average order value represents how much money the typical customer spends when he or she is placing an order. The quickest way to determine this figure is to take the total revenues for a given time period (i.e., per week, per month, per quarter, per year) and divide it by the number of orders in that time period.

The purchase frequency represents how often a typical customer makes a purchase with your company. This can be computed by taking the total number of orders in a given time period and dividing it by the total number of customers in that time period.

The customer lifetime length represents the length of the time period during which the typical customer makes purchases from your company. Unless a company possesses several years’ worth of sales data, this value can be difficult to calculate. For new businesses, the assumed customer lifetime length is usually about three years.

When you multiply these three metrics together, you get the customer lifetime value.

Here’s an example: Let’s say that you own a candy store and you want to determine the CLV of your business. When you scour your purchase records, you discover that the average order value is $12.50 and that each customer places 2.5 orders on average each month. You would multiply $12.50 and 2.5 to get $31.25, which is the average customer value per month. If you assume a customer lifetime length of three years, you would then multiply $31.25 by 36 (the number of months in three years) to get a customer lifetime value of $1,125.

Street Guerilla Promotion, d2d Marketing Outsourcing firm, d2d Marketing Outsourcing firm in pune, guerrilla Experiential marketing, Market Advertisement Experiential, Market Activity, , campus engagement interactive, RWA engagement interactive, Market engagement interactive

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