Marketing is getting the date. Sales is going on the date.

English: The Persistent Suitor

Image via Wikipedia

I presented to the Young Professionals Connection group earlier this week.  My subject was sales and marketing.  One thing I often run into is that many people do not understand the difference between sales and marketing.  Someone in my past made the comment “Marketing is getting the date and sales is going on the date”.   I liked it so much I built much of my presentation around this saying.

When you are marketing your company and your product, you are trying to get a date with your customers.  Your main goal is to get their attention.  Your other main goal is to not scare them off.  Sales on the other hand is going on the first date.  Remember that most likely it is a first date.  Your goal is to build a relationship and get the second date.  Try not to become infatuated with your customer on that first date and do the equivalent of naming your first child!

Another way to look at the difference is to understand that great marketing makes sales easier.  First, you are building awareness for your company.    Think about the following:  A new smartphone launches into the market called the jPhone.  If you had never heard of the company that makes the jPhone or if the marketing did not mention the company, you would probably never give the phone a second chance.  Now imagine that same phone was marketing by Google.  See the difference?  Suddenly you are more interested than before.  While we all can’t be Google, we can build a company brand and reputation that lets our customers know who we are. 

In Marketing you are also building awareness of the product or service you provide.  You need to point out the problem or issue you solve.  Sometimes this is very easy.  One of my favorite  downtown Des Moines service providers is Bill’s Whitewall Tire Center.  It is pretty obvious what the problem is that they solve.   Other problems can be more challenging for your customer to understand so make sure you explain the problem in terms they can understand.

So, make sure your marketing is targeted to getting that first date.  Try to get their attention while not scaring them away!  Once you get that date, build a relationship that assure you of the second date.  Your business will thrive if you can build solid long term relationships

 

 

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Keep your audience’s attention: Open with the close

Dan Roam -- The Back of the Napkin: Solving Pr...

Image by anitakhart via Flickr

When presenting an idea or concept to a person or an audience, it is often beneficial to open with the close.  In other words, tell the audience where you are going to end.  For example, if you are presenting a product to a customer you would begin the presentation with a statement of what buying your product will do for them.   Next you would present the details of the product, the benefits, the problems your product solves, the requirements of implementing the product etc.  To wrap up, you would restate your opening statement of what the product will do for the customer. 

This is a very direct way of presenting that keeps the audience’s attention.  They know where you are headed and are often interested to see how you make your case. 

In a persuasive presentation you might open with “We need to support XXX effort”, then go on to explain the details.  Again wrapping up with a restatement of the opening “We need to support XXX effort”

Either way, your audience knows from the start what you are intending and can stay connected to your pitch.

 

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Kiva – Another way to reach entrepreneurs

I have been lending on Kiva for a couple years now.  The other day I made my 100th loan.  I have never lost money yet although I expect I will someday.  So why do I keep lending?  It is a way to help entrepreneurs all over the world.   If you are not familiar with the [...]

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Looking for funding? Check out i2iowa!

The Technology Association of Iowa and Iowa Economic Development have joined forces to deliver an all day entrepreneur / investor forum titled i2iowa.  This is your chance to pitch your business to investors!  There are four tracks availabl: Life and Bio Sciences Information Technology Advanced Manufacturing General Business Get your application in early.  You must [...]

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Nominate someone today! Business Record 40 under 40

I arrived in Des Moines well after my 40th birthday so I was not qualified to be nominated for the Business Record 40 under 40 recognition.  I wish I had been.  There are some seriously talented people who have been recognized for this award.  So now how do these people get nominated?  Simple, people like [...]

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Who will win a TAI Prometheus this year? Someone you nominate!

Here is the deal.  Winning a Prometheus award from TAI is a really big deal!  I can tell you that for sure as I was honored with one two years ago.   The way this happened was someone nominated me for an award.   There are a lot of outstanding companies and people who deserve the recognition.  [...]

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You get what you measure for.

I wrote a post over at the IowaBIZ blog titled “You get what you measure for”.  Take a look and let me know what you think.                 

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Social Fundraising for startups. There is one in Des Moines Now!

There is an entrepreneur here in Des Moines that is using a social platform to raise funds for her startup company.  Abbie Durkee’s company, My Alibi Clothing is currently raising funds using Kickstarter.    Different from equity investing, social platforms like Kickstarter serve as a method of raising funds through donations / advanced selling of products [...]

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