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The Mentor Message
of the Month is a special feature provided to visitors to our site.
Each month a new article will give our readers information on a
special topic of interest to business owners and executives. We
take our role as "Mentor" very seriously.
The Sales Meeting...
How Best
to Achieve your Company's Marketing Goal
"Call
a sales meeting? Oh, I couldn't do that! My sales people are far
too independent. They will be insulted and think I am checking up
on them. I'm sure that they are doing their best for me."
Such was the
response I recently received from one of my best clients. We had
done an effective job clearly identifying essential sales objectives
for each region and targeting the specific prospects needed to bolster
poorer performing territories. The essential next step was to transfer
this information to the outside sales staff. Yet my recommendation
that we implement this plan through a sales meeting was met with
considerable anxiety.
Sounds absurd?
Unfortunately, experience has found such situations to be far too
often the case. Management with concentration focused IN the business
rather than ON the business loses site of the fundamental reason
that the sales force is "out there", in the first place:
To achieve the marketing goals established by management.
As a result, management frequently leaves sales staff misdirected
and inadequately armed.
The problem
is invariably due to a fundamental misunderstanding of the "odd
couple" relationship between Sales & Marketing. Sales activity
is actually a sub-set of the broader Marketing discipline. Indeed,
Marketing is more than a set of auxiliary services such as advertising,
promotional literature, catalogs, etc. Marketing encompasses a broad
range of functions critical to the wherewithal of the business as
a whole, such as:
- Product Planning:
What exactly do we sell?
- Product Pricing:
For how much?
- Target Marketing:
To whom?
- Channel Management:
How?
- Promotion
Planning: Direct Sales, Advertising, Public Relations
Sadly, launching
an aggressive sales efforts toward unsuspecting prospects without
providing the sales staff with clear sets of objectives, performance
measures, and controls does little for the customer, the company
or the sales staff, itself.
Putting it simply,
most often an abundant supply of quality product or service, at
competitive prices, promoted by well-trained sales force is not
nearly enough. Of critical importance to the success of the enterprise
are fundamental marketing activities:
- A clear understanding
of customer wants, needs, and buying habits
- "Engineering"
of company products and services to meet these customer needs.
- A comprehensive
understanding of product pricing parameters and company cost structures.
- A realistic
appreciation of the competitive environment
- The establishment
of an effective plan to penetrate the market.
Once these concepts
are implemented into an effective marketing plan, it then becomes
critical to support the efforts of the sales staff with the kinds
of tools that enable it to gain the company's committed objective:
- Clear and
precise goals for product/service focus, addressed to target customers,
at acceptable prices.
- Accurate
performance benchmarks and timely reporting of sales activity
to measure sales effectiveness.
- Rewards systems
that match the financial needs of the sales person with the performance
required by the company.
- Clear job
functions that allow sales people to be sales people, eliminating
unproductive obstacles in their path.
Marketing is
more than setting the wheels in motion and then signing the commission
checks. It is managing all elements of the marketing program, including
the direct sales effort, to the effective achievement of business
goals.
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