Marketing And Sales Flashcards

1
Q

Where will you seek work

A

Markets

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2
Q

What you offer to the marketplace

A

Capability

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3
Q

What you tell prospective clients

A

Message

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4
Q

How you will pursue the work

A

Process and methods

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5
Q

Roles and budget

A

Marketing organization

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6
Q

How you are perceived in the marketplace

A

Image

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7
Q

Information that describes and enhances your image

A

Public relations and promotion

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8
Q

Document targets, desired and projected yields, responsibilities and costs

A

Marketing plan

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9
Q

Process of seeking prospective clients

A

Marketing

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10
Q

Efforts focused on specific prospective clients

A

Sales

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11
Q

The first steps in this molding process are to

A
  • formulate an internally consistent statement of the firm’s goals
  • conduct an objective analysis of the firm’s strengths and weaknesses
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12
Q

The most important guide in this process is what is known in other businesses as the

A

Marketing concept

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13
Q

This concept, if it is well developed, can be used effectively not only to help sell professional services but also to improve the quality of the services sold.

A

Marketing concept

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14
Q

This concept was defined simply by Henry kaiser as

A

Finding a need and filling it

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15
Q

There are at least 10 other issues that every professional should understand while undertaking their business development efforts:

A
  1. Good projects can be obtained, but doing so is easiest when you have a plan to begin with.
  2. The core of most successful plans is identifying an unmet need and organizing to meet it.
  3. No matter how you set out to get work, a thorough understanding of your potential clients’ issues, concerns, and specific needs is always important.
  4. You firm’s bet salespeople are: satisfied clients, third parties with a client’s ear, a good image, and a strong reputation for providing the service being sought.
  5. Few individuals are natural salespeople . For most, ut is a learned skill.
  6. Marketing should be continuous, focused, and broadly based- even in a small firm. It’s a important to sell when you are busy as when you are slow and think you have the time.
  7. Many people have advance knowledge of most potential projects long before the client begins seeking a design professional and it’s important to find out who these people are.
  8. Each client is important and each early project should be seen as part of the foundation upon which to build the firm’s long-term practice.
  9. All design professionals should learn basic marketing and sales skills, including doing market research, writing proposals, and making presentations.
  10. Some projects are not worth pursuing pr doing. Sometimes there are bad projects for good clients. There are no goof projects for bad clients.
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16
Q

Typical plan covers at least the following:

A

• understanding of the market
• analysis of the competition
• objective view of your strengths
• objective analysis of your weaknesses
• a plan to continually build strengths and minimize or eliminate weaknesses
• market research and other techniques to identify and generate leads in the target market
• outline of the materials that will be needed to support an effective sales process
• image-building ideas
• specific short-term and long-term goals

17
Q

To understand a market, a design professional should try to learn all he or she can about:

A

• addressing client concerns
• insider information
• client selection process
• references client use
• identifying trends
• recognizing the good Clients
• prevailing fee levels
• tapping complementary firms
• identifying competitors and competitive position
• writing targeted market plans
• building an image
• generating leads

18
Q

One of the most effective ways to become successful within a market is to attempt to “get inside the potential clients’ minds,” in order to understand how they perceive what you have to offer.

A

Addressing client concerns

19
Q

A second key issue is to identify those who know about a project before the selection of design professionals begins.

A

Insider information

20
Q

The third topic to research and understand is the selection process.

A

Client selection process