Too frequently companies set sales goals without proper marketing support. Then they wonder why their sales goals aren't achieved.
One reason for this problem is many people don't realize the significant difference between sales and marketing. Sales’ purpose is matching a need for your product or service. The result of a sale is a legal obligation to deliver your product or service for payment.
Marketing’s purpose, on the other hand, is to communicate your message regarding your product or service to your target market. The result of marketing is opportunities to sell.
Once you see the difference you understand that these are two entirely different functions, although very closely related to one another. The skills required to do each function is completely different too.
A common trap companies fall into is having the same person do both functions, usually the sales rep, business development manager, or account manager. It's not wrong to have one person doing both functions, you just need to realize you are splitting someone’s time between two different jobs. Also, you need to make sure the person you hire has both skill sets. Sometimes the person that easily finds opportunities has a hard time closing the sale. While people with great closing skills can’t find an opportunity to sell to save their life. Have you experience this situation yourself? Share your war stories as there are many things to be learned under this banner.
So before you charge off to launch a new sales and marketing campaign, clearly define roles and responsibilities for each function. Also, assign the right resources to assure you are maximizing your ROI and revenue growth potential.
We’ll look at how to calculate how much effort you need to put into marketing to reach your sales goals in my next posting. Until then happy selling!