- Introduce new products OR SERVICE
- EXPAND TO NEW DOMESTIC MARKETS
- ENHANCE YOUR SALES CHANNELS
- MARKETING ACTIVITIES
- CHANGE YOUR PRICE
- BE AWARE OF THE COMPETITION
- IMPROVE COMMUNITY RELATIONS
- DON’T NEGLECT CUSTOMER SERVICE
Who proposed 4Ps in marketing
The 4 Ps, in its modern form, was first proposed in 1960 by E. Jerome McCarthy; who presented them within a managerial approach that covered analysis, consumer behavior, market research, market segmentation, and planning.
Phillip Kotler, popularised this approach and helped spread the 4 Ps model.
How do you find new customers in sales?
- Ask for referrals
- Network
- Offer discounts and incentives for new customers only
- Re-contact old customers
- Improve your website
- Partner with complementary businesses
- Promote your expertise
- Use online reviews to your advantage
What is the 5 Steps sales process
Typically, a sales process consists of 5-7 steps: Prospecting, Preparation, Approach, Presentation, Handling objections, Closing, and Follow-up.
What is digital strategy example
Examples of digital marketing strategies include a social media campaign that includes partnerships with influencers, a content marketing strategy that uses online guides to drive leads, or a growth marketing strategy that uses social media and email build customer loyalty.
How can I become a good sales consultant?
- They emphasize customer relationships early on in the selling process
- They prioritize in-person interactions
- They are experts at time management
- They are data-driven
How can I sell my product fast?
- Know Your Audience
- Start with Niche Marketing
- Build Strong Customer Relationships
- Elicit an Emotional Response
- Personalize the Experience
- Creating Gift Guides
- Guest Blogging
- Reuse Customer Generated Content
How do you approach a new customer?
- Advertise somewhere new
- Use empty display spaces
- Encourage word-of-mouth recommendations
- Offer free samples
- Get involved in your community
- Network
- Build partnerships with other businesses
- Promote yourself with a mailshot or email
What is a selling concept
the idea that a company should sell the products that they have already produced rather than creating and selling new products that customers might want.
What is the 80/20 principle in marketing
The 80-20 rule, also known as the Pareto Principle, is a familiar saying that asserts that 80% of outcomes (or outputs) result from 20% of all causes (or inputs) for any given event.
In business, a goal of the 80-20 rule is to identify inputs that are potentially the most productive and make them the priority.
What is a full sales cycle
What is a sales cycle? A sales cycle is the repeatable and tactical process salespeople follow to turn a lead into a customer.
With a sales cycle in place, you always know your next move and where each lead is within the cycle.
It can also help you repeat your success or determine how to improve.
How do you close a sale
In theory, learning how to close a sale is actually pretty simple: show up prepared, give your pitch, answer your prospect’s objections, ask for the sale, and if needed, follow up until you get a definitive answer.
What are the 7Ps and 4cs
The 4Ps are Product, Price, Place and Promotion. On the other hand, 7Ps are 3 additional Ps processes, People and Physical evidence known as service marketing mix.
Every marketing professional should understand the concept, if don’t, can miss the important ingredients that affect the marketing plan.
What is the 7c framework
1. a theoretical model for evaluating design elements of the web. The 7 elements include context , content , community , communication , customization , connection , and commerce Learn more in: Capturing Online Collaboration in the Design Elements Model for Web 2.0 and Beyond.
What does the 5 I framework stand for
What are the 5Is? The 5Is stand for the level of involvement, interaction, intimacy, and influence an individual has with a brand over time.
The concept was based on research conducted by Forrester where they concluded that the traditional marketing funnel was dead and they proposed ‘engagement’ as a new metric.
Sources
https://www.intercom.com/blog/sales-strategy/
https://www.indeed.com/career-advice/career-development/marketing-strategy-examples
https://www.hp.com/us-en/shop/tech-takes/promote-small-business-online-for-free
