Sales vs Marketing: What is the difference between sales and marketing?
Автор: Easy Marketing School
Загружено: 2023-06-02
Просмотров: 7668
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Sales and marketing are often used interchangeably, but there is a small difference between the two. Both functions try to make a company more money, but they do it in different ways. If you know how sales and marketing are different, you can better combine them to meet your company's sales goals. In this post, we talk about some of the most important ways that sales and marketing are different in terms of their goals, methods, and strategies.
You need to know the difference between sales and marketing because both roles need to be a part of your business. You can get them to work together and help your business make more money if you know where they differ. When making a budget for a business, you must give the right amount of money to each business function. Having a good understanding of the differences helps you make a budget that is balanced and works well.
How does a sale go?
The process of sales is to sell goods and services. It means convincing people who might buy from your business to do so. People can be persuaded in many ways, like by listing the benefits of your product, offering discounts, or making your product more appealing than those of your competitors. Some common ways to make sales are to make cold calls, meet with prospects one-on-one, go to trade shows and promotional events, and cross-sell (selling another product to an existing customer).
After making a sale, a business and its customer sign a contract. A business often tries to keep its customers by getting to know them well and treating them well.
Inbound sales vs. outbound sales
A client comes to the business to buy something. This is called a "inbound sale." In outbound sales, on the other hand, a company contacts a potential customer and closes a deal, usually with the help of its sales staff. For example, an inbound sale happens when a customer walks into a store and buys a product. An outbound sale, on the other hand, happens when a door-to-door salesperson from your company offers a product.
Inbound leads are usually easier to turn into sales because the customer is already interested in what your company sells. But some inquiries can be exploratory, which means the sales team has to do more work and follow up.
Why do we sell things?
Marketing tries to get people interested in your products by using things like price, packaging, positioning (creating an image), location, and advertising. Marketing efforts for a company may or may not be geared toward getting direct sales leads, but they are always meant to make sales easier and increase earnings over time.
For example, marketing teams often work on non-tangible things like building a brand image and improving public relations. Even if it doesn't directly lead to sales leads, a strong brand image makes customers more likely to choose the company's products over those of competitors. Marketing is mostly about figuring out what customers' needs, interests, and habits are so that products are more appealing to them.
Inbound marketing vs. outbound marketing
A company's products aren't advertised directly in an inbound marketing campaign. Instead, they are advertised in a more indirect way. Because of this, customers have to go look for them. Digital marketing is used in the vast majority of inbound marketing campaigns.
#marketing #easymarketing #business #digitalmarketing #salesandmarketing
Copywriter: Kamran Tagiyev
Voiceover author: Jeremy G.
Animation author: Asad Asadzadeh
Sound editor: Mahluga Taghiyeva
Project manager: Kamran Tagiyev
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