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Improving Sales and Marketing Collaboration: A Step-by-Step Guide PDF

210 Pages·2014·1.987 MB·English
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THE BUSINESS Improving Sales and Marketing M Selling and Sales Force A EXPERT PRESS Collaboration L Management Collection S DIGITAL LIBRARIES H A Step-by-Step Guide E Buddy LaForge and Thomas Ingram, Editors • EBOOKS FOR Avinash Malshe • Wim Biemans BI E BUSINESS STUDENTS M Sales and marketing are two primary business functions that Curriculum-oriented, born- focus on creating satisfied customers. Due to their c omplementary AN Improving digital books for advanced orientations and objectives, these two functions are ideally p ositioned S business students, written for a fruitful, synergetic collaboration. Unfortunately, the practical by academic thought reality in many companies is far removed from this utopia. Sales and Sales and leaders who translate real- marketing personnel fail to communicate effectively, resulting in world business experience misunderstandings, frustration, and sometimes sabotage. Instead of into course readings and supporting each other in creating superior value for customers, sales reference materials for and marketing personnel often fight tiresome internal battles that Marketing are a drain on profits, efficiency, and customer satisfaction. students expecting to tackle Improving Sales and Marketing Collaboration offers the first management and leadership comprehensive perspective on the functioning of sales-marketing challenges during their interfaces in business to business (B2B) companies. Inside, the Collaboration professional careers. authors explore their complementary roles in creating superior I POLICIES BUILT value for customers, problems that occur, the underlying causes M P BY LIBRARIANS of these problems, and potential solutions. These solutions R are accompanied by a series of tools that managers can use to O • Unlimited simultaneous V A Step-by-Step diagnose their sales-marketing interface and develop a ppropriate IN usage approaches to improve this relationship. Additionally, the book G • Unrestricted downloading discusses a number of challenges that companies encounter and S and printing the impacts on their sales-marketing interfaces. AL Guide E • Perpetual access for a The discussions and tools presented in this book provide managers S one-time fee A with a deep understanding of this critical interface, allowing them N • No platform or to apply these insights to improve their sales-marketing interface, D maintenance fees which helps them create superior value for customers. M • Free MARC records A R • No license to execute Avinash Malshe is associate professor of marketing at the K University of St. Thomas, MN. He received his PhD from the E T The Digital Libraries are a University of Nebraska-Lincoln. Avinash has published a large IN Avinash Malshe comprehensive, cost-effective number of s cientific papers in leading marketing and business G C way to deliver practical journals on sales-marketing interface dynamics and he is O treatments of important recognized as a thought leader in this area. LL Wim Biemans A business issues to every Wim Biemans is associate professor of marketing & innovation at B O student and faculty member. the University of Groningen, the Netherlands. He received his PhD R A from the Eindhoven University of Technology, the Netherlands. T Wim has more than 25 years of experience researching, teaching IO and consulting about B2B marketing and innovation management. N For further information, a He authored several books about marketing and innovation and has taught as guest professor at universities in Europe, Asia and free trial, or to order, contact:  the US. [email protected] Selling and Sales Force Management www.businessexpertpress.com/librarians Collection Buddy LaForge and Thomas Ingram, Editors ISBN: 978-1-60649-802-6 Improving Sales and Marketing Collaboration Improving Sales and Marketing Collaboration A Step-by-Step Guide Avinash Malshe and Wim Biemans Improving Sales and Marketing Collaboration: A Step-by-Step Guide Copyright © Business Expert Press, LLC, 2015. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means—electronic, mechanical, photocopy, recording, or any other except for brief quotations, not to exceed 400 words, without the prior permission of the publisher. First published in 2015 by Business Expert Press, LLC 222 East 46th Street, New York, NY 10017 www.businessexpertpress.com ISBN-13: 978-1-60649-802-6 (paperback) ISBN-13: 978-1-60649-803-3 (e-book) Business Expert Press Selling and Sales Force Management Collection Collection ISSN: 2161-8909 (print) Collection ISSN: 2161-8917 (electronic) Cover and interior design by Exeter Premedia Services Private Ltd., Chennai, India First edition: 2015 10 9 8 7 6 5 4 3 2 1 Printed in the United States of America. To Pallabi, Avinash Malshe To Simonique and Lotte, Wim Biemans Abstract In any company, sales and marketing are the two primary business functions that are focused on creating satisfied customers. Because of their complementary orientations and objectives, these two functions are ideally positioned for a fruitful, synergetic collaboration. Unfortu- nately, the practical reality in many companies is far removed from this utopia. Sales and marketing personnel fail to communicate effectively, resulting in misunderstandings, lack of communication, frustration, and sometimes even downright anger and sabotage. Instead of supporting each other in creating superior value for customers, sales and marketing fight tiresome internal battles that are a drain on profits, efficiency and customer satisfaction. In this book we offer the first comprehensive perspective on the functioning of sales-marketing interfaces in business to business (B2B) companies. We explore the complementary roles of sales and market- ing in creating superior value for customers, the problems that occur in sales-marketing interfaces, the underlying causes of these problems and potential solutions to effectively deal with these problems. These solutions are accompanied by a series of tools that managers can use to diagnose their sales-marketing interface and develop appropriate approaches to improve this relationship. In addition, the book discusses a number of challenges that companies have to deal with on a day-to-day basis and how they may impact their sales-marketing interfaces. This book is based on over seven years of research, during which we conducted interviews with hundreds of sales and marketing personnel at various organizational levels, as well as several CEOs and COOs. Our findings have been tested and refined through discussions with practi- tioners in focus groups and seminars. The companies included in this book cover a wide range of industries, as well as the full spectrum from small companies that just started to discover the benefits of marketing to large, established, Fortune 100 firms that must deal with significant differences between their sales and marketing groups. As a result, this book takes a hands-on, managerial approach to all aspects of sales-marketing interfaces in B2B companies. The discussions and tools presented in this book provide managers with a deep under- viii ABStrACt standing of this critical interface and allow them to apply these insights to improve their sales-marketing interface, which in turn helps them to create superior value for customers. Keywords sales-marketing relationship, sales-marketing alignment, managing sales-marketing interface Contents Preface ..................................................................................................xi Introduction ........................................................................................xiii Chapter 1 Working Together to Create Value for Customers .............1 Chapter 2 Sales and Marketing Don’t Always Get Along .................37 Chapter 3 Taking a Look Under the Hood of the Interface .............59 Chapter 4 Mending the Rift Between Sales and Marketing..............93 Chapter 5 Assessing Your Sales-Marketing Interface ......................119 Chapter 6 Challenges to Your Sales-Marketing Interface ...............147 Appendix The Sales-Marketing Huddle: Workshop Template .......165 About the Authors �������������������������������������������������������������������������������173 Notes��������������������������������������������������������������������������������������������������175 References �������������������������������������������������������������������������������������������179 Index �������������������������������������������������������������������������������������������������185

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