1 The Structure of Organisations & Finance Sales & Marketing 2 Sales & Marketing • Satisfy Needs • Position in Organisation • Difference between Sales & Marketing 3 Needs • Food and Warm • Relationships • Esteem & Self esteem • Belongings • People buy to satisfy needs 4 Commercial needs • Payback/ROI • Functionality • Esteem – Buildings – Clothes – Cars 5 Position in Organisation • Chairman • Managing Director • Marketing Director – AKA Sales Director, Sales and Marketing Director • Finance Director • Production Director • IT Director • HR Director 6 Sales Process • Suspects – Need qualifying • Prospects – Have budget and project in mind • Customers – Placed orders • Sales Funnel – Many suspects, fewer prospects, even fewer customers • Sales Forecasting (0% to 100%) 7 Sales Technologies • Contact Management Systems • Customer Relationship Management • Internet • Call Centre – Inbound – Outbound 8 Channels • • • • • • • • Direct Sales Mail Order/Magazines/Newspapers/Catalogues Telephone Order (MOTO) Dealers Distributors Wholesalers Retailers Internet 9 Marketing • Exploring the market • Influencing the market 10 Marketing • Advertising • Database Marketing • Market Research • Channels 11 Advertising • Corporate Advertising – Stress Financial Stability – Leading Technologies Stress Leadership • Product/Service Advertising – Immediate & Measurable Effect on Sales – Product Awareness – Promotions 12 Database Marketing • Demographics (ABC) • Mailing Lists – Targeting – Reduce Costs, Irritation to Potential Client • Large Databases – Electoral Roll – Telephone Directories – Magazine and Club, Store card memberships – Cross-Correlation 13 Market Research • Sampling • Questionnaires • Statistical Analysis • Focus Groups – Selected People – Detailed Analysis 14 Channels • Print – Nationals – Locals – Magazines • Television – Interactive • Internet – Marketing – Interactive • Billboards • Radio • Sponsorship – Worldwide - Local • Endorsements – David Beckham • Seminars • Exhibitions – Windows 2001 • Conferences 15 Marketing Process • To measure effect of advertising – Recall message – Increases in Sales • Generate Leads for Sales Force – Coupons – Internet Response – Inbound Calls • Companies measure effectiveness 16 Marketing Technologies • Database Management Systems • Statistical Analysis Packages • Internet • Kiosks • Call Centres – Integrated – Voice Recognition – Predictive Diallers – Inbound Routing 17 Sales and Marketing • Sales – – – – – Very Measurable Still individualistic Short Goal Orientated Some computerisation Some process • Marketing – – – – – Cloudy to say the least Behind the scenes Strategic Computerised Highly processed 18