Marketing Manual For Beginners
Marketing Manual For Beginners
Marketing Manual For Beginners
“Seek
“Seek spiritual
spiritual helpfrom
help from God
GodAlmighty
Almighty in all
in the
all the
deeds
deeds wewedodososo thatititmay
that may benefit
benefit the
themankind.”
mankind.”
01. Introduction
05. Advertisement
5
This helped in their future missions to achieve success, even
though it was painstaking.
6
This book is mainly published with the intention of acquiring
knowledge in the field of marketing, qualities of good
salesmanship and how to improve the sales of products by
absorbing innovative ideas in sales and marketing.
His son set out to fulfill his father’s dream. His father could
only move his fingers which was how he communicated to
his son. In spite of all adverse conditions, they succeeded to
complete the Brooklyn Bridge and rest is history.
7
careless decisions can ruin an organization. One must have
total commitment and sincerity in the work.
8
02
MARKETING AND SUCCESS
9
trivial but it vastly affects sales promotion, therefore one
should certainly give importance to the above aspects.
Now let us find out how to attract customers. We all know that
human beings are enchanted by beauty. So every product
should have an attractive look, i.e., a good design and finish
with a good combination of colours and attractive packaging.
This helps in streamlining of products. Above all, quality of
the products is very important. This is the reason why large
companies have research facilities with critical equipments
since such equipments have no room for failures as it affects
human life.
Attraction:
10
design which suits the mind. The seller should understand
that buying a car is a family decision; the whole family plays
a major role. Economic strength of the buyer should also be
known such as to suit his/her interest.
Desire:
11
with the family by sending a bouquet of flowers, the husband
should be made aware of the difficulties his wife under goes
while washing clothes manually. The salesman could explain
the worthiness of the washing machine. He must focus
on low power consumption, that pressure wash does not
destroy the fibers of the cloth, the speed in performance of
the machine, the competitive pricing and arranging credit
payments through banks and he should have consistent
interaction with the customer till the sales is closed. This is
just an example to approach sales area.
Action:
12
Next factor is pricing, which a company cannot compromise
at the risk of loss. Business is all about mutual benefit where
the seller and the buyer have a gain.
13
The organization should make good survey before a product
launch, only then there will be chances of success. The
product pricing should be competitive.
Nobody gets water easily from the well; you have to dig for
it. Same is the case in marketing, never be disheartened.
Whenever a sale is made, make the buyer understand that
product is useful for them and that you shall render sales
support. Modern day business is very competitive and
tough, strenuous efforts are necessary to succeed. Things
may have to be planned from the grass root level, know the
buyer, know his or her needs whether he or she is technical
person, commercial person or whether they have a technical
bid and price bid, the warranty or guarantee is required for
the products specifically, at what the speed goods can be
delivered, duration for the products etc.
14
usually discuss only the technical aspects to the buyers. They
may not be able to close the sales as they will not be aware
of the clients actual needs; it is often found that technical
people need not always be successful in sales.
15
customers should prefer us to our competitors, is packing
and colouring of our products attractive, how should we able
to attract and deliver are common among many. Apart from
short term customers and long term customers, we should
also find ways to conquer the market using guerrilla tactics.
When we find solutions for the above mentioned questions
we can hopefully make a small entry into the market.
16
03
MARKET AND PRICE
The modern day trend shows that price wars are inevitable.
It is seen that larger companies spend lots of money on
advertisement and product developments so that the
competitor’s products especially smaller organizations
find survival difficult due to price wars. Let us classify the
organization into micro, medium and macro levels. Micro
organization markets are placed in rural areas. The moderate
companies are in towns while the bigger companies are in
cities. Bear in mind that the larger companies are also vying
for the rural markets.
The golden rule is never sell low quality products. The profits
may look attractive in the beginning but in the later stages
there would be hardly, any demand. Take a case study of
electronic chokes. Many industries mushroomed with lots of
product guarantee. They used the wrong method of making
promises which could not be kept. They in turn started
changing the names of their company very often to mislead
17
people. This inturn affected the whole industry. Today due
to such unhealthy practices the small scale industries, which
were doing business, are finding it difficult to survive. At
the time of pricing a level draft should be made. It should
have a plan, should allocate adequate funds for marketing,
procurement of raw materials, stocking, payments for fixed
assets, breakdown maintenance, preventive maintenance,
working capital and for research analyzation, value addition
and modernization. These factors help in the growth of
an industry. The sales people should be aware of these
important aspects of the industry. Usually sales executives
are not aware of these aspects.
Market Penetrations:
18
have shelves or racks demarked for your company products.
This is applicable only in supermarkets and shops.
In general many things used in the rural areas are not used
in cities. As their taste differs the companies should study
things in micro level and sell according to their needs.
Monopoly Products:
19
products. Sometimes it may be the scorching sun or the
heavy rain but he is smart enough to sell his product even
under adverse conditions.
20
questions and your answers may not be convincing. It is
better to convince them with examples. Talkative customers
are easier to deal with, you get results quickly. A bird in the
hand is worth one in the bush. A salesman who is street
smart should make things happen. The word impossible
should only be found in an alien’s dictionary.
For example, let us see how many hours are put to use by
man. Let us assume that a person works six days a week,
nine hours a day for forty years. Approximately we find one
lakh twelve thousand three hundred twenty hours (1,12,320)
of working hours for which a man can gain 15% from each
individual. Any sales organizations should understand the
amount of working hours that can be put into use by each
individual and the practical utility into the access to market
according to their rank and position. This is just a simple data.
21
04
SIX ‘P’s OF MARKETING
22
At times of seasonal changes, it is difficult for marketing
people to sell their products in certain conditions like rains,
harsh winter or in the summer heat. Efficient marketing
people should have an insight and a good vision. They
should be aware of seasonal changes, festival seasons, school
seasons, the buoyancy of the market, the trends of the
market and their needs.
23
They transported all their products to different parts of the
country by airplane in order to launch their product on
time. This indirectly helped them save time for sale of their
products which in turn saved them in terms of finance and
glorified their reputation. They sold their products at a very
competitive price. We also see that the modern companies,
to a great extent, do encourage cash purchase. They give
various discounts for cash purchases.
24
in sales. This should be a regular practice of the team as it is
a continuous process.
25
goods at the proper time under favorable conditions. Avoid
damages and demurrages at the time of transportation; not
anticipating situations properly can incur losses even prior to
any successful sale.
26
whether common man can buy it, especially when they
are dealing with food products which are essentials and
not luxuries. They should be able to hold the price without
fluctuation. Another product is medicine where the prices
should not fluctuate. Large increase in price of these products
will have an adverse effect on the society; same is the case
with petroleum products. Increase of prices on luxury items
is acceptable and may not have an adverse effect. Every
organization should be aware that promoting their products
is the mainstay of their business. All possible efforts should
be used to promote their products.
Sales Organization:
27
are various types of salespeople like van salesman, retail
salesman, or external and internal salesman. The external
salesman should travel widely whereas the indoor salesman
routinely deals in counter sales. He should be aware of his
posture, personality and should be amicable since he will be
dealing with various types of customers.
28
is very essential for the salespeople to be well versed with
computer and technology. Sales programmes help the sales
manager in acquiring knowledge with precision, speed and
accurate data.
Now let us look into the minute aspects of sales along with
the duties and functions of a sales team.
Sales functions:
Sales directions:
Employment Conditions:
29
weather also plays an important role in the mood of the
people. Failures and success should be accepted by the sales
team and behaviour of sales personnel should be polite.
Never argue with customers, he may win the argument but
lose the customer. Customers need not be forgiving; it is
very important how the sales personnel behave towards the
customers.
Sales Directions:
30
Targets:
Sales reign:
31
and maintaining high standards for product or service, indoor
or outdoor sales are beneficial for the industry. A thing of
beauty is joy a forever; designing a product beautifully and
packing it elegantly is essential to attract customers.
Philanthropic work:
32
The fast changing trends and needs of the market can be
easily analyzed with the help of a computer. The e-mail
and e-ads have great reach among customers. The speed
of e-mails, blogs etc brings awareness to customers and
the feedback from the market is extremely fast. Finding
the ideal solutions is made easier when there is data to
analyze. Computerization improves the data on warehousing
and transportation. Marketing people should know the
fastest means of transportation to reach the clients or the
customers. Being aware of the stock at customer’s location
and inventory system messages sent through mobile phones
includes marketing into the digital world. To stock the duct
there should be good warehousing facilities as the goods can
be quickly transported without damage to its destination.
Computers help in monitoring the stocks efficiently.
Mobile Phones:
33
05
ADVERTISEMENT
We should not forget the old system of radio and fax which
are still effective today. A street hawker attracts us as he
34
arouses attention. This is a primitive way of selling, but we
should understand how his sales are. Here we see the effect
of the sale, as the product seller and the buyer are able to
communicate easily and make decisions quickly.
35
Establishment of Product names:
36
keep in touch with the customer and identify whether he is
a genuine buyer.
Lack of advertisement:
37
have a water cooler attached with hygiene perspective in
mind. In future, there may be a watch which can predict the
weather or even the probability of cardiac attack or present
hyper tension levels, diabetic level etc.
Market potential:
38
Market profitability:
39
Sales people should seize such opportunities.
Rival Products:
Current customers:
40
marketing people should put in great efforts to build good
rapport and deal their concerns with a supportive mindset.
New customers:
41
06
INNOVATIVE MARKETING AND SELLING
42
Effective marketing:
Negative Marketing:
Motivation of Marketing:
43
Direct Marketing:
Drip Marketing:
Here, the seller and the buyer are not directly involved,
instead there are middlemen involved. Hence, risk is involved
as there is no direct communication between the seller and
the buyer. It is the duty of the salesman to enquire the needs
of the customer and the effect of the product in the market.
Reserving resources or products can sometimes be useful
44
as there can be unexpected demand in the market. During
such times, fulfilling the customers’ needs can enhance the
name of the organization and sales. It is to be noted that this
should not be done with perishable goods. A good salesman
not only sells but also ensures that the customer is satisfied.
If a salesman keeps good relationship with the customers,
they in turn advertise the virtue of the product by word of
mouth, because it is mostly the customer’s market.
International Marketing:
45
OTIS is an elevator company in the U.S.A. OTIS is the
abbreviation for Only Thought Is Safety. We find that in an
international scenario there is a lot of importance attached to
human life. International trade is based on timely delivery of
goods, high quality, durability, safety, and hygiene. Nowadays
the working conditions of employees and the environmental
pollution is also looked into before a contract is signed or an
order is placed.
Failures in marketing:
46
When failures occur, we generally see everyone blaming each
other, rarely are people willing to shoulder the responsibility
of failures on oneself.
47
to professional advice for the development of the company.
Many organizations have been successful due to the
involvement of professional people.
48
Any organization which conducts extensive research into all
these aspects has lower chances of failures. By regular value
addition and in-depth study of market, the factors governing
the market and good anticipations of the changes likely to
take place can be foreseen and this can also aid the growth
of the company.
General Attitudes:
Lack of empathy:
49
another and have the strength to help others rather than
to be selfish. Good deeds bring good values and a positive
workplace culture fosters success.
50
individuals; all individuals collectively make an organization.
Concept Selling:
51
07
CUSTOMER SATISFACTION
52
according to the circumstances, but he will always purchase
a product which satisfies his needs and they spend money
only on essential goods. A rich buyer looks into the best
brands in the market and while purchasing goods he tries to
get the best out of the deal.
The basic needs of the people are food, clothing and shelter
and the secondary needs are travel. The business all over
the world revolves around these products. When we look
into sales of the food products, we see customers paying a
lot of attention to the nutrition and hygiene of the products.
Today a customer is satisfied only when he gets the best
out of his purchase. The middle class and the lower class are
extremely price conscious As they govern the market, it is
wise to develop products to their satisfaction. Organization
that looks into the satisfaction of the customers has always
had tremendous growth.
Dissatisfied customers:
53
There are many ways to satisfy a customer, such as good or
friendly approach, paying attention to his needs, supplying
the required products to him or her and rendering good
service.
54
08
SUPERIOR PRODUCTS
All over the world there is a great demand for goods with
superior quality, as its performance, durability and efficiency
is very high. This is the reason these products sell easily in the
market internationally or domestically.
55
Superior products and equipments have aided in
advancement of medical science at a tremendous pace.
Digital technology has also advanced tremendously due
to modern technologies which have enhanced superior
performances and accuracy. Moving on to science and
technology, space programs have grown at a tremendous
pace in the last forty years. Computer has played a great role
in the industrial advancement and bringing out the best
results
56
09
CUSTOMER TRAITS AND TRAINING
57
durability, price, sales and service when dealing with
consumer equipment.
58
Training:
59
INCREASE IN MANPOWER
10
As the population of the world increases, so do the needs
and demands of people, the purchasing power of man also
grows day by day. The quality and quantity aspects differ
according to the economic strength of various countries.
60
to manage manpower in an efficient manner which brings
good result to the organization.
61
can survive without money.
62
A FEW STEPS TO SUCCESS
11
Success today is attributed to many factors. When we say a
person is successful, it is not only his professional success or
financial success, but he or she should be successful with his
or her family, with their colleagues and work place.
Be a winner:
63
practice they do. Success in life is very painstaking and there
are no shortcuts to success.
Remuneration:
64
1. Make regular conversation with clients. Make it a point
to call customers every sixty days, because he or she may
forget you as soon as the conversation is over. It is the job of
marketing people to follow the 360’s rule 60x6.
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12
CUSTOMER’S WORLD
66
Business is mainly about Marketing:
67
personnel and the youthful team, who have innovative ideas
and energy for work. This will make a great team.
68
Facebook, Whatsapp, LinkedIn, Messenger, Twitter and
all these media is excellent as they give easy access and
relatively do not cost as much as a conventional advertiser.
69