Sales & Selling Strategy

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Factors that should be considered while marketing a new product into market are as follows:

1. Serving attitude of the salesperson: It is very essential to build a relationship with a

customer while promoting a new product. A customer should not just be looked as a

prospect of selling. There’s more substance than what meets the eye at first glance. Sure,

a customer brings about the opportunity of potential sale, but in order to that point of

agreement, a salesperson must earn the trust of the customer. And this is where service

quality comes into play.

2. Communication skills: Salesperson should try to understand the necessity of customer

and inherit that sense of need to project the desired product accordingly. He/she should

not, under any circumstances, try to pressure or coerce the customer into buying or

impose in order to close the sale. Salesperson is the representative of the company. The

impression a salesperson makes is what the customer makes of the company itself. So,

it’s imperative that a customer does not feel objectified. Instead, it’s upon the salesperson

to make the customer feel comfortable so that it leads to an interaction instead of a

unilateral conversation.

3. Identification of the customer’s concern: It is very important for the company to

identify the problems and insecurities of the customer and propose solutions accordingly.

This will help the company to gain customer satisfaction. In addition, problems of

customers will also be addressed appropriately by offering a better and convenient

service.

A very fitting example of this particular factor is the surge in demand of online video

conferencing platforms during the pandemic. Up until the first couple of months in 2020,
most of us would have struggled to name more than one video conferencing platform. We

had to resort to quarantine in order to maintain distance. Yet, taking a break from

everything was not an option. So, we looked for alternative ways of communication in

order to proceed with our day-to-day business. Enter Zoom, Google Meets & Microsoft

Teams. It wasn’t that these platforms didn’t exist prior to the pandemic. But due to lack

of proper options, we chose to conduct our affairs online, and these platforms seized that

opportunity. As businesses, these platform providers were prompt to catch up to the

demand of online video conferencing. They were able to identify the demand and quickly

respond to meet those expectations. The numbers speak for themselves. As far as

adequately addressing customer concern goes, this is a prime example and one that will

be used in any and every conversation in the New Normal and beyond.

4. Market Research: Emphasis should be given on marketing research work as well. It

helps to remove bottlenecks. Market survey on regular basis helps the company to

operate competitively.

Research & Development will lead the next big Industrial Evolution. Some of the biggest

companies worldwide allocate major chunk of their budget for R&D. Why’s that?

Because research unlocks the true potential of a business.

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