SlideShare a Scribd company logo
1 of 19
INTRODUCTION
LESSON 1
OVERVIEW
 Hitting your financial goals in sales means hitting quotas. And you can’t hit
quotas without a great sales team. How do you create such a winning team?
 If your sales reps are struggling to meet their quotas, you might think about
hiring new sellers, motivating your current staff, or bringing in expert
consultants. While these tactics can sometimes spur positive results, they are
often expensive and disruptive.
 The true leaders of industry are discovering that sales support is where critical
gains are made. Research shows that top-performing companies have
a 30 percent higher level of sales support than other companies. This little-
known fact is what separates great companies from the good.
 And this little-known fact makes sense: sales support exists only to help sales
reps make deals. That’s all they do, and they’re cost effective. They perform
their role by making connections: preparing sellers, nurturing leads, and
providing training. Sales support perform a variety of tasks that add up to faster
sales cycles, lower costs, and increased revenue. (Thomas, 2019)
What is Sales Support?
 Sales support refers to a variety of functions that help
your sales representatives focus on actually selling and
closing deals. These functions differ per company,
industry and sales team. And, they can be done by hired
associates, outsourcing teams, productivity tools, and –
worst case scenario – by the sales representative
themselves. While sales support is not the factor that
closes deals – it is crucial and important to your sales
operation.
 As your sales rep puts his or her best foot forward and
gets in the proverbial door, sales support has already
done the background work. It is the administrative,
research and customer support work that cracked that
door open, in the first place.
There are two major types of sales support that you need to employ: helpers and tools. Simply put,
these are people, tools and documents that you’d want to have available for your sales team to use.
1.Sales Support: Helpers
 Helpers are people or functions best done by people. They require a good level of expertise and
decision-making skills that only trained men and women can provide.
Their sales support functions include:
• Lead generation
• Product training
• Customer services
• Active market communications
 Lead generation: Sales support finds, qualifies and filters leads for the sales representative to
contact. This can be through several channels, such as the company website, social media,
professional networks, email campaigns and online data mining. This already cuts a lot of time off
necessary research work.
Lead generation can be outsourced to qualified service providers or done internally by a sales
associate. It depends on the specificity of your requirements. The more specific and specialized your
target market is, the better it is for you to retain some of your lead generation functions within your
team.
 Product training and customer services: By making
product materials and customer support readily available
to your prospect, you are helping them make their
purchasing decisions.
They can read your product specifications and manuals. If
there are questions, they can reach out to your sales
support team. Nothing beats access when it comes to
tipping the scales in favor of your brand.
 Active market communications: This refers to your
public outreach, be it in the form of promotions, paid
advertising, PR press releases and other marketing
strategies. Market awareness is requisite to supporting
your sales team. The more aware the public is about
your brand, the easier it becomes to sell.
2. Sales Support: Tools
 The tools of the trade are documents and software that help sales reps get their job done.
 This could be as simple as letter, presentation and video templates that are easy to personalize,
with a few clicks. Or, you might draft help documents on your brand’s benefits, and answers to
common questions and objections.
 Software tools include pre-programmed calculators and computer-aided designs (CAD). You might
even have a website, which gives your reps access to secure pages for the private viewing of their
prospects.
 You can also invest in printed paraphernalia to
leave with your prospective clients. This is still
employed in certain industries, such as real
estate. However, it may be redundant in some
cases. If you already have a website with requisite
information, product manuals and the like, why
waste your budget on leaving a paper trail. You
just need to make your market aware of these
readily accessible online materials.
2. Sales Support: Tools
 A comprehensive customer relationship
management (CRM) system, integrated with a
reliable CTI system, is today’s indispensable
sales support power tool. CTI makes your team
more accessible and responsive to your
prospective clients. While CRM can help you
track the progress of each lead, at each point of
contact.
• Print and digital sales materials
• Sales web pages
• Email campaigns
• CRM
• Sales automation tools
Sales Support Job Duties:
• Generates and processes new sales leads as necessary
• Answers phone calls from customers and deals with problems as they arise
• Takes sales information and puts it into an easily readable format
• Follows up with customers to make sure that they are satisfied with a particular product
• Makes sure that sales persons are on track with sales goals
• Meets with other departments to make sure that sales people are doing their job correctly
• Provides any necessary data or reports to the sales team
• Exerts attention to detail, as customers may have the same problems; reports the problems as
necessary
• Arranges appointments with clients and sales team
• Acknowledges customers by responding to emails, texts, and phone calls
• Updates all contact information for clients
• Deals with any customer complaints and resolves the issue as necessary
• Arranges travel and accommodations for any sales person that is meeting clients outside of the office
• Does any necessary administrative work including filing reports or presenting sales team with
necessary documents
As successful enterprises have proven, sales support is a critical ingredient to a
successful sales team.
Sales and Marketing
 The difference between sales and
marketing is that sales focus on
working directly with prospects to get
them to convert, while marketing
focuses on sparking interest in your
products. Essentially, marketing is the
first step to getting leads interested,
while sales take that interest and
nurture it.
Sales Marketing
Process
Focus on sales process, how to
interact with customers, how to
answer questions, and provide
relevant information
Focus on explaining what the product
or service is, how much it costs, who is
most likely to be interested, and where
you can reach those users
Goals Hitting sales goals or quotas Promoting your product, company or
brand, communicating its value, and
attracting leads or earning sales via
marketing efforts
Strategies Phone calls, networking, promotional
events
Paid ads, social media, SEO
Prospects
Working with known prospects
Obtaining new prospects
SALES VS. MARKETING
Process
 The processes of sales and marketing is slightly
different. Think of marketing as the precursor for the
sales team.
 With the marketing process, you establish basic
information like who you are, what you offer, and how
much it costs. You establish your brand and
showcase what you have to offer your audience and
you explain how you can solve their problems and
the pain points you address.
 In the sales process, you focus on taking the
information your audience already has and trying to
provide them with additional information, as well as
answer any questions. You focus on providing strong
selling points, personalized solutions, and making
pitches to convince leads to convert.
Goals
 When you look at sales vs. marketing, you’ll find the goals are slightly different. With sales, your focus is
on earning conversions. Your sales team works on nurturing prospects towards becoming customers.
 Marketing goals are slightly different.
 While marketing can focus on sales, its main goal revolves around promoting your company, product,
service, or brand and communicating its value. Communicating this value does help you earn sales, but
you need to establish brand trust through marketing first.
Strategies
 When you look at the difference between
marketing and sales, you’ll notice the strategies
are different.
 Sales strategies focus on making direct contact
and connections with your prospects. You use
strategies like phone calls, promotional events,
and networking to try and engage prospects to get
them to convert. These are known as outbound
strategies because you reach out to prospects.
 Marketing strategies, on the other hand, focus on
getting prospects to reach out to you. You use
strategies like paid ads, social media, and SEO to
get prospects to reach out to you about your
products or services.
Prospects
 Another difference between marketing and sales are prospects.
With sales, you know your prospects.
 You know who’s interested in your products or services, from their name to their phone number, so
you can quickly contact them and provide them with information to sell them further on your
business.
Marketing, on the other hand, focuses on obtaining new prospects.
 You have an idea of who is in your target audience, but you don’t know the specific people. Marketing
focuses on reaching those most interested so that you can turn them into prospects for your sales team.
 The misalignment between sales and marketing is directly caused by a lack of transparency and
communication. Over time, this evolves from small miscommunications to big issues. At its boiling point,
sales and marketing might not even talk to each other anymore. Tension is a sign of misalignment, and
this results in poor close rates, overspending on marketing materials, and low ROIs.
Slow to Market
 When your sales reps can’t quickly follow up with prospects, their close rate will go down.
You may recall that 35-50% of all sales go to the first sales rep to respond. If your sales reps
must wait 2-3 weeks to get the materials they need, then they’re missing opportunities to
close sales. This lag between ordering materials and receiving them is generally due to
misalignment between sales and marketing.
Misalignment with Client Needs
 Sales within a distributed sales organization are almost always consultative. Using a custom
pitch is a proven way to increase your close rate. The study mentioned earlier showed
that 77% of buyers want their sales reps to integrate custom data or insights into their
pitches. But, this doesn’t happen when there’s weak sales support. When there’s inadequate
sales support, reps tend to rely on their best pitch instead of taking a truly consultative
approach. This is because custom materials take longer to receive, are more complicated to
create, and add hassle to the process.
"Lack of direction, not lack of time, is the problem. We all have twenty-four hour days."- Zig Ziglar
Sales vs Marketing: Key Differences in Process, Goals, Strategies and Prospects

More Related Content

What's hot

Basic Sales Training
Basic Sales TrainingBasic Sales Training
Basic Sales TrainingKaleem Ahmad
 
10 Tips on how to be an Awesome Product Manager
10 Tips on how to be an Awesome Product Manager10 Tips on how to be an Awesome Product Manager
10 Tips on how to be an Awesome Product ManagerBrainmates Pty Limited
 
How to increase sales force productivity
How to increase sales force productivityHow to increase sales force productivity
How to increase sales force productivityLouis Ekome
 
Why It's Time to Kill the Cold Call Once and For All
Why It's Time to Kill the Cold Call Once and For AllWhy It's Time to Kill the Cold Call Once and For All
Why It's Time to Kill the Cold Call Once and For AllHubSpot
 
Sales skills ppt sesh sukhdeo
Sales skills ppt   sesh sukhdeoSales skills ppt   sesh sukhdeo
Sales skills ppt sesh sukhdeoSESH SUKHDEO
 
Sales Objections Linkedin
Sales Objections LinkedinSales Objections Linkedin
Sales Objections LinkedinJoseph Youssef
 
Scalable Sales Process - Explained
Scalable Sales Process - ExplainedScalable Sales Process - Explained
Scalable Sales Process - ExplainedPipeliner CRM
 
Sales skill development
Sales skill developmentSales skill development
Sales skill developmentMukul Bhartiya
 
The secret to closing the sale
The secret to closing the saleThe secret to closing the sale
The secret to closing the saleEfrat Barzilay
 
Sales, sales management, sales strategy
Sales, sales management, sales strategySales, sales management, sales strategy
Sales, sales management, sales strategyViệt Long Plaza
 
Selling skills & Cross Selling
Selling skills & Cross SellingSelling skills & Cross Selling
Selling skills & Cross SellingHazem Diab
 

What's hot (20)

Real estate sales training & seminar
Real estate sales training & seminarReal estate sales training & seminar
Real estate sales training & seminar
 
Basic Sales Training
Basic Sales TrainingBasic Sales Training
Basic Sales Training
 
10 Tips on how to be an Awesome Product Manager
10 Tips on how to be an Awesome Product Manager10 Tips on how to be an Awesome Product Manager
10 Tips on how to be an Awesome Product Manager
 
Sales objection
Sales objectionSales objection
Sales objection
 
Selling techniques
Selling techniquesSelling techniques
Selling techniques
 
Awesome Sales Closing Techniques
Awesome Sales Closing Techniques Awesome Sales Closing Techniques
Awesome Sales Closing Techniques
 
Selling Techniques
Selling TechniquesSelling Techniques
Selling Techniques
 
How to increase sales force productivity
How to increase sales force productivityHow to increase sales force productivity
How to increase sales force productivity
 
Why It's Time to Kill the Cold Call Once and For All
Why It's Time to Kill the Cold Call Once and For AllWhy It's Time to Kill the Cold Call Once and For All
Why It's Time to Kill the Cold Call Once and For All
 
Sales skills ppt sesh sukhdeo
Sales skills ppt   sesh sukhdeoSales skills ppt   sesh sukhdeo
Sales skills ppt sesh sukhdeo
 
Sales Objections Linkedin
Sales Objections LinkedinSales Objections Linkedin
Sales Objections Linkedin
 
Scalable Sales Process - Explained
Scalable Sales Process - ExplainedScalable Sales Process - Explained
Scalable Sales Process - Explained
 
Sales skill development
Sales skill developmentSales skill development
Sales skill development
 
Selling skills
Selling skillsSelling skills
Selling skills
 
The secret to closing the sale
The secret to closing the saleThe secret to closing the sale
The secret to closing the sale
 
Sales, sales management, sales strategy
Sales, sales management, sales strategySales, sales management, sales strategy
Sales, sales management, sales strategy
 
Sales training
Sales trainingSales training
Sales training
 
Selling skills & Cross Selling
Selling skills & Cross SellingSelling skills & Cross Selling
Selling skills & Cross Selling
 
Selling Is An Art Form
Selling Is An Art FormSelling Is An Art Form
Selling Is An Art Form
 
Sales training
Sales trainingSales training
Sales training
 

Similar to Sales vs Marketing: Key Differences in Process, Goals, Strategies and Prospects

Importance of marketing
Importance of marketingImportance of marketing
Importance of marketingManas Saha
 
Marketing Tactics
Marketing TacticsMarketing Tactics
Marketing TacticsAFAQ
 
Why marketing is important?
Why marketing is important?Why marketing is important?
Why marketing is important?Manas Saha
 
Demand Generation Marketing - Televerde
Demand Generation Marketing - Televerde Demand Generation Marketing - Televerde
Demand Generation Marketing - Televerde TeleverdeAZ
 
Lead Generation
Lead GenerationLead Generation
Lead GenerationHamlet B2B
 
Mastering Freelance Marketing: Your Ultimate Step-by-Step Guide
Mastering Freelance Marketing: Your Ultimate Step-by-Step GuideMastering Freelance Marketing: Your Ultimate Step-by-Step Guide
Mastering Freelance Marketing: Your Ultimate Step-by-Step GuideJustin Barney
 
Overcoming Challenges in B2B Sales Enablement
Overcoming Challenges in B2B Sales EnablementOvercoming Challenges in B2B Sales Enablement
Overcoming Challenges in B2B Sales EnablementRichard Hatheway
 
Digital Marketing Ebook Topic-1
Digital Marketing Ebook Topic-1Digital Marketing Ebook Topic-1
Digital Marketing Ebook Topic-1Artdizix
 
Mastering Digital Marketing Strategy.pdf
Mastering Digital Marketing Strategy.pdfMastering Digital Marketing Strategy.pdf
Mastering Digital Marketing Strategy.pdfAmit Singh
 
Sakshi Gupta, BBA , Dezyne E'cole College
Sakshi Gupta, BBA , Dezyne E'cole CollegeSakshi Gupta, BBA , Dezyne E'cole College
Sakshi Gupta, BBA , Dezyne E'cole Collegedezyneecole
 
Guide to developing_a_marketing_plan
Guide to developing_a_marketing_planGuide to developing_a_marketing_plan
Guide to developing_a_marketing_planKishore Pk
 
Key Steps To Small Business Marketing Success
Key Steps To Small Business Marketing SuccessKey Steps To Small Business Marketing Success
Key Steps To Small Business Marketing Successchrishenry12
 
Mmp Overview Marketing Coaching
Mmp Overview Marketing CoachingMmp Overview Marketing Coaching
Mmp Overview Marketing Coachinggingermerkle
 
The Ultimate Guide to Creating Inbound Marketing Buyer Personas
The Ultimate Guide to Creating Inbound Marketing Buyer PersonasThe Ultimate Guide to Creating Inbound Marketing Buyer Personas
The Ultimate Guide to Creating Inbound Marketing Buyer PersonasSmartBug Media
 
Ultimate Guide to Inbound Marketing Buyer Personas
Ultimate Guide to Inbound Marketing Buyer PersonasUltimate Guide to Inbound Marketing Buyer Personas
Ultimate Guide to Inbound Marketing Buyer PersonasSmartBug Media
 

Similar to Sales vs Marketing: Key Differences in Process, Goals, Strategies and Prospects (20)

Importance of marketing
Importance of marketingImportance of marketing
Importance of marketing
 
Marketing Tactics
Marketing TacticsMarketing Tactics
Marketing Tactics
 
Why marketing is important?
Why marketing is important?Why marketing is important?
Why marketing is important?
 
Demand Generation Marketing - Televerde
Demand Generation Marketing - Televerde Demand Generation Marketing - Televerde
Demand Generation Marketing - Televerde
 
Lead Generation
Lead GenerationLead Generation
Lead Generation
 
Marketing
MarketingMarketing
Marketing
 
Attaining success in marketing your small business
Attaining success in marketing your small businessAttaining success in marketing your small business
Attaining success in marketing your small business
 
Mastering Freelance Marketing: Your Ultimate Step-by-Step Guide
Mastering Freelance Marketing: Your Ultimate Step-by-Step GuideMastering Freelance Marketing: Your Ultimate Step-by-Step Guide
Mastering Freelance Marketing: Your Ultimate Step-by-Step Guide
 
Overcoming Challenges in B2B Sales Enablement
Overcoming Challenges in B2B Sales EnablementOvercoming Challenges in B2B Sales Enablement
Overcoming Challenges in B2B Sales Enablement
 
Digital Marketing Ebook Topic-1
Digital Marketing Ebook Topic-1Digital Marketing Ebook Topic-1
Digital Marketing Ebook Topic-1
 
Marketing and start ups
Marketing and start ups Marketing and start ups
Marketing and start ups
 
Marketing and start ups
Marketing and start upsMarketing and start ups
Marketing and start ups
 
Mastering Digital Marketing Strategy.pdf
Mastering Digital Marketing Strategy.pdfMastering Digital Marketing Strategy.pdf
Mastering Digital Marketing Strategy.pdf
 
The Role of Marketing
The Role of MarketingThe Role of Marketing
The Role of Marketing
 
Sakshi Gupta, BBA , Dezyne E'cole College
Sakshi Gupta, BBA , Dezyne E'cole CollegeSakshi Gupta, BBA , Dezyne E'cole College
Sakshi Gupta, BBA , Dezyne E'cole College
 
Guide to developing_a_marketing_plan
Guide to developing_a_marketing_planGuide to developing_a_marketing_plan
Guide to developing_a_marketing_plan
 
Key Steps To Small Business Marketing Success
Key Steps To Small Business Marketing SuccessKey Steps To Small Business Marketing Success
Key Steps To Small Business Marketing Success
 
Mmp Overview Marketing Coaching
Mmp Overview Marketing CoachingMmp Overview Marketing Coaching
Mmp Overview Marketing Coaching
 
The Ultimate Guide to Creating Inbound Marketing Buyer Personas
The Ultimate Guide to Creating Inbound Marketing Buyer PersonasThe Ultimate Guide to Creating Inbound Marketing Buyer Personas
The Ultimate Guide to Creating Inbound Marketing Buyer Personas
 
Ultimate Guide to Inbound Marketing Buyer Personas
Ultimate Guide to Inbound Marketing Buyer PersonasUltimate Guide to Inbound Marketing Buyer Personas
Ultimate Guide to Inbound Marketing Buyer Personas
 

Recently uploaded

Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMintel Group
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled Al Awadi
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessAggregage
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxMarkAnthonyAurellano
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...lizamodels9
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCRashishs7044
 
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadIslamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadAyesha Khan
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024christinemoorman
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Roomdivyansh0kumar0
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...lizamodels9
 
Marketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet CreationsMarketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet Creationsnakalysalcedo61
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...lizamodels9
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Timedelhimodelshub1
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCRashishs7044
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Kirill Klimov
 
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedLean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedKaiNexus
 

Recently uploaded (20)

Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 Edition
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for Success
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
 
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadIslamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
 
Marketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet CreationsMarketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet Creations
 
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
Call Girls In Radisson Blu Hotel New Delhi Paschim Vihar ❤️8860477959 Escorts...
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Time
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024
 
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedLean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
 

Sales vs Marketing: Key Differences in Process, Goals, Strategies and Prospects

  • 2. OVERVIEW  Hitting your financial goals in sales means hitting quotas. And you can’t hit quotas without a great sales team. How do you create such a winning team?  If your sales reps are struggling to meet their quotas, you might think about hiring new sellers, motivating your current staff, or bringing in expert consultants. While these tactics can sometimes spur positive results, they are often expensive and disruptive.  The true leaders of industry are discovering that sales support is where critical gains are made. Research shows that top-performing companies have a 30 percent higher level of sales support than other companies. This little- known fact is what separates great companies from the good.  And this little-known fact makes sense: sales support exists only to help sales reps make deals. That’s all they do, and they’re cost effective. They perform their role by making connections: preparing sellers, nurturing leads, and providing training. Sales support perform a variety of tasks that add up to faster sales cycles, lower costs, and increased revenue. (Thomas, 2019)
  • 3. What is Sales Support?  Sales support refers to a variety of functions that help your sales representatives focus on actually selling and closing deals. These functions differ per company, industry and sales team. And, they can be done by hired associates, outsourcing teams, productivity tools, and – worst case scenario – by the sales representative themselves. While sales support is not the factor that closes deals – it is crucial and important to your sales operation.  As your sales rep puts his or her best foot forward and gets in the proverbial door, sales support has already done the background work. It is the administrative, research and customer support work that cracked that door open, in the first place.
  • 4. There are two major types of sales support that you need to employ: helpers and tools. Simply put, these are people, tools and documents that you’d want to have available for your sales team to use.
  • 5. 1.Sales Support: Helpers  Helpers are people or functions best done by people. They require a good level of expertise and decision-making skills that only trained men and women can provide. Their sales support functions include: • Lead generation • Product training • Customer services • Active market communications  Lead generation: Sales support finds, qualifies and filters leads for the sales representative to contact. This can be through several channels, such as the company website, social media, professional networks, email campaigns and online data mining. This already cuts a lot of time off necessary research work. Lead generation can be outsourced to qualified service providers or done internally by a sales associate. It depends on the specificity of your requirements. The more specific and specialized your target market is, the better it is for you to retain some of your lead generation functions within your team.
  • 6.  Product training and customer services: By making product materials and customer support readily available to your prospect, you are helping them make their purchasing decisions. They can read your product specifications and manuals. If there are questions, they can reach out to your sales support team. Nothing beats access when it comes to tipping the scales in favor of your brand.  Active market communications: This refers to your public outreach, be it in the form of promotions, paid advertising, PR press releases and other marketing strategies. Market awareness is requisite to supporting your sales team. The more aware the public is about your brand, the easier it becomes to sell.
  • 7. 2. Sales Support: Tools  The tools of the trade are documents and software that help sales reps get their job done.  This could be as simple as letter, presentation and video templates that are easy to personalize, with a few clicks. Or, you might draft help documents on your brand’s benefits, and answers to common questions and objections.  Software tools include pre-programmed calculators and computer-aided designs (CAD). You might even have a website, which gives your reps access to secure pages for the private viewing of their prospects.  You can also invest in printed paraphernalia to leave with your prospective clients. This is still employed in certain industries, such as real estate. However, it may be redundant in some cases. If you already have a website with requisite information, product manuals and the like, why waste your budget on leaving a paper trail. You just need to make your market aware of these readily accessible online materials.
  • 8. 2. Sales Support: Tools  A comprehensive customer relationship management (CRM) system, integrated with a reliable CTI system, is today’s indispensable sales support power tool. CTI makes your team more accessible and responsive to your prospective clients. While CRM can help you track the progress of each lead, at each point of contact. • Print and digital sales materials • Sales web pages • Email campaigns • CRM • Sales automation tools
  • 9.
  • 10. Sales Support Job Duties: • Generates and processes new sales leads as necessary • Answers phone calls from customers and deals with problems as they arise • Takes sales information and puts it into an easily readable format • Follows up with customers to make sure that they are satisfied with a particular product • Makes sure that sales persons are on track with sales goals • Meets with other departments to make sure that sales people are doing their job correctly • Provides any necessary data or reports to the sales team • Exerts attention to detail, as customers may have the same problems; reports the problems as necessary • Arranges appointments with clients and sales team • Acknowledges customers by responding to emails, texts, and phone calls • Updates all contact information for clients • Deals with any customer complaints and resolves the issue as necessary • Arranges travel and accommodations for any sales person that is meeting clients outside of the office • Does any necessary administrative work including filing reports or presenting sales team with necessary documents As successful enterprises have proven, sales support is a critical ingredient to a successful sales team.
  • 11. Sales and Marketing  The difference between sales and marketing is that sales focus on working directly with prospects to get them to convert, while marketing focuses on sparking interest in your products. Essentially, marketing is the first step to getting leads interested, while sales take that interest and nurture it.
  • 12.
  • 13. Sales Marketing Process Focus on sales process, how to interact with customers, how to answer questions, and provide relevant information Focus on explaining what the product or service is, how much it costs, who is most likely to be interested, and where you can reach those users Goals Hitting sales goals or quotas Promoting your product, company or brand, communicating its value, and attracting leads or earning sales via marketing efforts Strategies Phone calls, networking, promotional events Paid ads, social media, SEO Prospects Working with known prospects Obtaining new prospects SALES VS. MARKETING
  • 14. Process  The processes of sales and marketing is slightly different. Think of marketing as the precursor for the sales team.  With the marketing process, you establish basic information like who you are, what you offer, and how much it costs. You establish your brand and showcase what you have to offer your audience and you explain how you can solve their problems and the pain points you address.  In the sales process, you focus on taking the information your audience already has and trying to provide them with additional information, as well as answer any questions. You focus on providing strong selling points, personalized solutions, and making pitches to convince leads to convert.
  • 15. Goals  When you look at sales vs. marketing, you’ll find the goals are slightly different. With sales, your focus is on earning conversions. Your sales team works on nurturing prospects towards becoming customers.  Marketing goals are slightly different.  While marketing can focus on sales, its main goal revolves around promoting your company, product, service, or brand and communicating its value. Communicating this value does help you earn sales, but you need to establish brand trust through marketing first.
  • 16. Strategies  When you look at the difference between marketing and sales, you’ll notice the strategies are different.  Sales strategies focus on making direct contact and connections with your prospects. You use strategies like phone calls, promotional events, and networking to try and engage prospects to get them to convert. These are known as outbound strategies because you reach out to prospects.  Marketing strategies, on the other hand, focus on getting prospects to reach out to you. You use strategies like paid ads, social media, and SEO to get prospects to reach out to you about your products or services.
  • 17. Prospects  Another difference between marketing and sales are prospects. With sales, you know your prospects.  You know who’s interested in your products or services, from their name to their phone number, so you can quickly contact them and provide them with information to sell them further on your business. Marketing, on the other hand, focuses on obtaining new prospects.  You have an idea of who is in your target audience, but you don’t know the specific people. Marketing focuses on reaching those most interested so that you can turn them into prospects for your sales team.  The misalignment between sales and marketing is directly caused by a lack of transparency and communication. Over time, this evolves from small miscommunications to big issues. At its boiling point, sales and marketing might not even talk to each other anymore. Tension is a sign of misalignment, and this results in poor close rates, overspending on marketing materials, and low ROIs.
  • 18. Slow to Market  When your sales reps can’t quickly follow up with prospects, their close rate will go down. You may recall that 35-50% of all sales go to the first sales rep to respond. If your sales reps must wait 2-3 weeks to get the materials they need, then they’re missing opportunities to close sales. This lag between ordering materials and receiving them is generally due to misalignment between sales and marketing. Misalignment with Client Needs  Sales within a distributed sales organization are almost always consultative. Using a custom pitch is a proven way to increase your close rate. The study mentioned earlier showed that 77% of buyers want their sales reps to integrate custom data or insights into their pitches. But, this doesn’t happen when there’s weak sales support. When there’s inadequate sales support, reps tend to rely on their best pitch instead of taking a truly consultative approach. This is because custom materials take longer to receive, are more complicated to create, and add hassle to the process. "Lack of direction, not lack of time, is the problem. We all have twenty-four hour days."- Zig Ziglar