Marketing and sales are creative fields. They require you to think outside the box and come up with fresh new ways to capture the attention of your prospects. No two days are the same. No two sales are the same. You need to get creative if you want to reach the people who will buy. Still, with as much forward, out-of-the-box thinking as you do, it’s nice to have cold, hard data to back up your ideas. Numbers can often be a catalyst to help you discover the type of fresh campaigns your customers want from you.
The ultimate goal of every for-profit organization is to generate revenue and improve profitability. Dynamic and effective marketing strategies have played an important role in the success of many businesses across the globe, and today, companies invest billions of dollars to develop their marketing plans. In fact, according to Mark Jeffery of Kellogg School of Management, successful companies spend 20 percent more than average on marketing when compared to low-revenue generating businesses which spend less than 4.4 percent of average.
These marketing initiatives involve: