managing personal communications key concepts. direct marketing the use of consumer-direct channels...
TRANSCRIPT
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Managing Personal Communications
Key Concepts
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Direct Marketing
The use of consumer-direct channels to reach and deliver goods and services to customers without marketing middlemen.
The use of consumer-direct channels to reach and deliver goods and services to customers without marketing middlemen.
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Direct Marketing Channels
Direct mail
Catalogs
Telemarketing
Interactive TV
Kiosks
Web sites
Mobile devices
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Benefits of Direct Marketing
For consumers:
Convenience, ease, and speed of ordering
Can buy specialty items not available in local stores
For marketers:
Can buy mailing lists for almost any segment
Customize and personalize messages
Build relationships
Reach the most interested prospects at the right moment
Easily test alternatives and messages
Easily measure campaign results
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Direct Mail Decisions
ObjectivesObjectivesTarget
markets and prospects
Target markets and prospects
Offer elementsOffer
elements
Measuring success: lifetime value
Measuring success: lifetime value
Testing elementsTesting elements
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Catalog Marketing
Includes full-line merchandise catalogs, specialty consumer catalogs, and business catalogs, usually in print form but also sometimes as CDs, videos, or online.
Successful catalog marketing:Manage customer listsControl inventoryOffer quality goodsProject a distinctive image
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Telemarketing
Outbound Telemarketing
Outbound Telemarketing
Inbound Telemarketing
Inbound Telemarketing
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Other Media for Direct-Response Marketing
NewspapersNewspapers
MagazinesMagazines
RadioRadio
TelevisionTelevision
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Public and Ethical Issues in Direct Marketing
Irritating consumers
Taking advantage of impulsive, less sophisticated, or vulnerable consumers
Misleading communications
Invasion of privacy
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Interactive Marketing
New electronic channels offer: Interaction Individualization
Advantages of the Web: Contextual placement of ads Rich media ads
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Elements of Effective Web Design (7 Cs Specific Design Elements)
ContextContext
ContentContent
CommunityCommunity
CustomizationCustomization
CommunicationCommunication
ConnectionConnection
CommerceCommerce
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Forms of Interactive Marketing
Web sites
Microsites
Search-related ads
Display ads
Online videos and ads
Sponsorships
Alliances
Online communities
Mobile marketing
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Word of Mouth
Buzz marketingBuzz marketing
Viral marketingViral marketing
Opinion leadersOpinion leaders
BlogsBlogs
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Buzz and Viral Marketing
Buzz marketing
Generates excitement, creates publicity, and conveys new relevant brand-related information through unexpected or even outrageous means.
Buzz marketing
Generates excitement, creates publicity, and conveys new relevant brand-related information through unexpected or even outrageous means.
Viral marketing
Encourages consumers to pass along company-developed products and services or audio, video, or written information to others online.
Viral marketing
Encourages consumers to pass along company-developed products and services or audio, video, or written information to others online.
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Opinion Leaders
Cliques—small groups whose members interact frequently.
Bridges—people who belong to one clique and are linked to a person in another.
Factors working to ignite public interest in an idea:Reaching mavens, connectors, and salesmen
StickinessPower of context
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Blogs
Regularly updated online journals or diaries.
Regularly updated online journals or diaries.
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Marketing Skills:How to Start a Buzz Fire
Identify influential individuals and companies and devote extra attention to them.
Supply these key people with product samples to encourage word of mouth.
Cultivate contacts with community influentials.
Develop word-of-mouth referral channels.
Provide compelling information that people want to pass along.
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Personal Selling and the Sales Force
The term sales representative covers six positions: Deliverer Order taker Missionary Technician Demand creator Solution vendor
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Major Steps in Effective Selling
Overcoming objectionsOvercoming objections
ClosingClosing
Follow up and maintenance
Follow up and maintenance
Prospecting and qualifying
Prospecting and qualifying
PreapproachPreapproach
Presentation and demonstration
Presentation and demonstration
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Designing a Sales Force
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Sales Force Objectives and Strategy
Tasks:ProspectingTargetingCommunicatingSellingServicingInformation gatheringAllocating
Approach:Direct (company sales force)—consists of full- or part-time paid employees who work exclusively for the firm.
Contractual sales force—consists of manufacturers’ reps, sales agents, and brokers who earn a commission based on sales.
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Sales Force Structure
Product or market structure
Product or market structure
Territorial structure
Territorial structure
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Sales Force Size—Workload Approach
1. Group customers into size classes by annual sales volume.
2. Establish call frequencies for each customer class (number of calls per year).
3. Multiply the number of accounts in each size class by the call frequencies (determines total work load or sales calls per year).
4. Determine the average number of calls a sales rep can make per year.
5. Divide the total annual calls (step 3) by the average annual calls made by a rep (step 4) to determine how many reps are needed.
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Sales Force Compensation
Fixed amountFixed amount
Variable amountVariable amount
Expense allowancesExpense allowances
BenefitsBenefits
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Managing the Sales Force
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Sales Rep Productivity
Time-and-duty analysis—helps reps understand how they spend their time and how they might increase their productivity.
Inside sales people: Technical support people Sales assistants Telemarketers
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Sales Rep Productivity
Time-and-duty analysis—helps reps understand how they spend their time and how they might increase their productivity.
Inside sales people: Technical support people Sales assistants Telemarketers
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Evaluating Sales Representatives
Reports include:Average number of calls per rep per dayAverage sales call time per contactAverage revenue per sales callAverage cost per sales callEntertainment cost per sales callPercentage of orders per hundred sales calls
Number of new customers per periodNumber of lost customers per periodSales force cost as a percentage of total sales
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