BUS6000-Wk5 Details Marketing, Sales, and Data for a Business Strategic Marketing and Sales Rick Mann, PhD Develop Market Sell Deliver Strategic Marketing and Sales Develop Market Sell Deliver Wk5 Activities Wk5 BSP Files • Paper (word.doc) • • • • Marketing Sales Advertising Data • Excel (excel.xls) • • • • Marketing Tab Sales Tab Transaction Data Tab Transaction Analysis Tab • Powerpoint (.ppt) • One slide for each of the 4 areas • • • • Marketing Sales Advertising Data • Embed the audio in each slide Marketing and Advertising: What is there to Learn? • Customer Value Proposition • What (product) are we providing where (place) for whom (people) and at what price • Marketing • Increasing positive awareness • Driving leads (call to action) • Advertising • Getting in front of people with a favorable impression and call to action • Marketing Processes (4/5 Ps) • • • • • People (Audience) Product (or service) Price Placement (where is this offered) Promotion (Getting people’s attention) Word.DOC File • Headings • Marketing: What is your marketing plan? Who will do what when? What will be your costs? • Advertising: What is your advertising plan? Who will do what when? What will be your channels? What will be your costs? • Sales: What is your sales plan? Who will do what when? What will be your costs? • Data: How will you use data to advance marketing and sales? What will be your cost to acquire a customer? Excel.XLS File • Tabs • Marketing and Advertising: What is your marketing plan? Who will do what when? What will be your costs? • Sales: What is your advertising plan? Who will do what when? What will be your channels? What will be your costs? • Transaction Data: What is your sales plan? Who will do what when? What will be your cost? • Transaction Analysis: How will you use data to advance sales and marketing? What will be your cost to acquire a customer? Transaction Data • List of at least 50 transactions • Include the following columns • • • • Date (Day, Week, or Month) Item Amount Category Transaction Analysis • Include • • • • Mean Median Mode Standard Deviation • Include a chart of your choice Sales: What is there to Learn? • The Sales Funnel • Begins with need and awareness (Marketing and Advertising) • Customer need • Business awareness • Call to Action (connecting customer to business) • Sales Process • • • • Initial Engagement Continued Processing Close the sale Payment • Fulfilment and Delivery Rick buys Honda Accord at Crest Honda 1. 2. 3. 4. 5. 6. 7. Interest (I need a car) Awareness (I know they exist) Action (Went to website) Inquiry (Lead / Contact Info) Conversation (Initial Call) Follow-up (Continuing conversation) Conversion (Intent to buy, appt set) • Visited other dealers 8. Sale (Decision to buy, went to dealer) 9. Close (Deal done, financing approved) 10. Payment (Funds received, down payment, delivery made) Wk5 PowerPoint.ppt • Create one slide for each area below • • • • Marketing Advertising Sales Data and Analysis • Audio • Each slide should have: • A script in the notes section • Audio recorded into each slide
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