Sales driven companies are slanted towards transactions. Their sales reps sell existing products to
existing markets and are accountable for prospecting and account management. They rely on the “marketing department” for
sales support and are not interested in developing or acquiring a marketing
competency.
Sales driven companies apply basic marketing concepts that don't challenge their comfort zones. For example, customer experience management [CEM] is not a program, but contact centers offer customer support and sales support. Content marketing is not a program, but online and printed collateral supports the sales process. They participate in events, direct mail and email marketing, social media, publicity and field marketing, but do a mediocre job of generating sales-ready leads. Influencer marketing and complementary selling are not programs, but sales reps are asked to network for referrals. Market research is not a competency but sales analysis helps them to understand account, segment and product trends. Account Based Marketing [ABM] is not a program, but account managers are assigned to key customers. They do not manage to marketing KPIs, but sales metrics provide the basis for compensation programs. CRM tools automate the sales process, but are not well integrated with CEM and marketing processes.
If
marketing assisted selling is not producing the results you need to reach the
next level, maybe it’s time for your company to begin its evolution towards marketing-driven
status. Expand your horizons to innovate
the changes needed to navigate lifecycle stages [introduction, growth, maturity
and decline] and to make smart decisions for dealing with external
opportunities and threats [social, economic, technological, competitive and
regulatory].