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Showing posts from September, 2019

Economy slowdown is a myth not a fact

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Myth is truth for few, and fact is truth for all. We have heard words like market slowdown, rescission, manpower reduction, etc., this is all not good for the economy. Market slow down is for only a few companies who has not done good, these companies’ basics are not in the right direction and sooner or later they need to correct otherwise it will affect them badly. If the basics are correct those companies need not worry about the slowdown, this is a negative hype created by people who are not doing well and whoever wants to postpone their decisions. Business will be as usual; customer needs will be there, and the only thing is customers will buy as per their requirements. The main concern in these periods is most of companies reduce their prices so that they will not lose their business to others. One main thing is customers don’t buy any product or services based on only price, they look at the quality, after-sales support and ease of doing business with that company also....

Dos and Donts for Sales Team

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Dos 1.        Intimacy to Customer     - You need to be inmate with customer so that he always explains his requirements and his bottlenecks in releasing the order. You must have a good relationship with the customer so that he can discuss openly about his requirements and pain areas.   Closer you are with customers you will learn more about his buying pattern and timeline for purchase. 2.        Proximity to Customer - Always respond to customers fast and be reachable whenever he wants. If you are close to the customer, he might give other requirements that can help you to get more clarity in positioning your product or services. 3.        Committed to customer - Always give a solution to so that it will be useful to him and if he is happy there is a high chance of getting repeat order and reference from him Don’t 1.        Pro...

Sales and Marketing Team

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Sales and Marketing team is the face of any company which interacts mostly with internal and external customers, they are the face of any company. All other divisions like Finance, HR, Production, and Admin support the face of the company to achieve its goals. Marketing comes first before sales and they attract the target customers and make awareness of the company products and services to the market. They have various ways to attract customers and the unique features to its potential customers. They need to understand the market trend and the product or services the company makes. The sales team comes after the marketing has done their work in attracting potential customers. It is their skill which will help convert potential customers to the actual end users of the company. They also come back with failures and new requirements from the potential customers which will go back to other division to process and make necessary changes in the company’s approach or mod...