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Created by : Mohit Aggarwal, Sales/BD Manager, Oracle  | 06 18 2009 12:59:20 +0000
Industry : Consumer DurablesFunctional Area : Consumer Sales(Sales & Marketing)
Activity:  312 views;  last activity : 07 06 2010 20:18:09 +0000

In a world where everything starts and ends with Business, success lies in how many products or services are sold. But products are not sold unless there is awareness of the product. So the question arises, what is more important? Methods of selling the product or Methods of creating product awareness?

 
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Product Awareness Vs Product Sales
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This as I feel is again a chicken and egg agrument. However as far as business is concernd product/service awareness is marketing teams resposbility and product/service sales is the sales team responsibilty.You must take a judgemental decision based on the type of product/services v/s the target customer base as well as your channel for push or pull business strategy. Hence practise both with a strong account management will result in greater results.
End of the day both are qually important but product awareness helps product sales significantly. 

This as I feel is again a chicken and egg agrument. However as far as business is concernd product/service awareness is marketing teams resposbility and product/service sales is the sales team responsibilty.You must take a judgemental decision based on the type of product/services v/s the target customer base as well as your channel for push or pull business strategy. Hence practise both with a strong account management will result in greater results.

End of the day both are qually important but product awareness helps product sales significantly.  


By Mr. Sanjay Kumar Dash, Manager - Business Solutions  06 19 2009 06:36:09 +0000
 
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Hi Dhiraj,

Your bottom line is absolutely true, whatever strategy we follow, whatever mask we wear, whatever things we do, at the end of the day it should be business. And every approach is a tool, we might incur a cost for a shorter span but we make a market share in a long run.

Today customer retention is a challenge!!, the quality of work is recognized and reffered, how big or small work it is, the customer is looking for value in his investment. Getting a customer is easy but sustaining is everydays' work. Yes, customer is never happy unless and until he is delighted, it only happens when a solution really takes his pain away.

The perspectives and approaches might be different but the motive is the same, yes ofcourse ultimately "THE SALES"

good luck for both of us...

Charlie


By Charles M Ravi Kiran, Business Analyst, RIXYNCS  06 22 2009 07:21:32 +0000
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Create positive awareness about your product sales would follow automatically
By Ravi Kumar Choudhary, Planning Manager, Encube ethicals Pvt. Ltd.  | 05 28 2010 16:56:54 +0000
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Product awareness among the people is very important. This can help in two ways, first people will know about your product, why people should use your product against other products, how,it is better than similar product,second indirectly one kind of marketing of the product.
By Ritesh V. Tailor, Ph.D/Doctorate student, Veer Narmad South Gujarat University, Surat  | 05 28 2010 14:31:19 +0000
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Yes Karthink. You've got it precisely. No company is interested in short profits. They focus on the long run and want to have a hold in the market. For this to happen they need to get the customers aware of the product. Else, I really don't see any company succeeding.


By Mohit Aggarwal, Sales/BD Manager, Oracle  | 06 24 2009 11:32:03 +0000
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Yes Karthick, Awareness is the key and there is always a but...

Marketing is a simple but power term

Even before marketing there should be a proper scrutiny abt our product and its competency, then a proper market research, map the TA and then investing effort in the awareness.

It again depends on the product on how we need to market it and what medium is apt for reaching the TA

Let me know ur view,

Charlie


By Charles M Ravi Kiran, Business Analyst, RIXYNCS  | 06 20 2009 08:15:06 +0000
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its simple aida attention ,interest,desire,action unless through awareness drive curiosity,need is not formed a product can't be sold in the market take for example 3g services unless you tell customer about d feature,benefit of d 3g no body will willin 2 opt for d service so a product awareness is must so dat it can easily be accepted by the customer or by the target market constitutents.


By Ashish Bhartia, Relationship Manager, Acumen Business Consultancy Pvt.Ltd.  | 06 19 2009 16:43:13 +0000
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product awareness is nothing but marketing, you have to market first, then the sales will automatically happen


By Karthick babu, Product Manager, Silk Media Technologies  | 06 19 2009 09:04:22 +0000
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Every salesman believes his ultimate target is to sell his product. He will find different ways of convincing a customer to buy his product. But little may he realize that later on it's the awareness of the product that is more essential. Product sales is definitely an achievement but sales is not everything. Product awareness is more vital. I'll take the most common example. A representative of Eureka forbes is someone all can relate to. Almost every house refuses to buy the product immediately. But when the time comes to purchace a vacuum cleaner or a water purifier, the first name that comes to all our minds is Eureka Forbes. So even though there was no sales at the first attempt, the product awareness played an important role.


By Mohit Aggarwal, Sales/BD Manager, Oracle  | 06 18 2009 13:04:14 +0000
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i am in sales so i have to argue that yes awareness is great and improtant but at the end of the day what's most important is sales margin of the products or services that a company is offering. Because this is what generates revenue for creating awareness in the first place.

If there is product awareness but product sales is performing poorly, the product will eventually be yanked anyway.

This is a great topic for debate though. Nice one!


By Vanessa Nweke, Direct Sales Coordinator, Pay4Me Services Limited  | 05 28 2010 13:41:52 +0000
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When Somebody says that awareness is the most important aspect, I would say he thinks the world from a Marketers Eyes......... Now I would want to ask one thing from everybody..... Would you just want your product to be in the consideration set of the customer.... I think all will say 'NO'.... Because Marketing doesn't just want Awareness of a 'Solution' that you provide..... Marketing wants Awareness to be converted to SALES..... so product sales is an important task...... This can never be negated......

Whatever you do is to Sell the product or service....... Everything Supplements Selling.... because that where revenue comes from... Everything else is 'COST'


By Dhiraj Wohra, Dy. Manager, Centum Learning Ltd  | 06 20 2009 16:33:39 +0000
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Product sells!

BRAND requires positioning and methods! lets understand the question very clearly here. Does a product require awareness to sell or it sells by itself! I say Product sells by itself.

How many products are regularly advertised and sold??? How many brands are regularly advertised and sold??? So I have a suggestion here, please change the question (purely my opinion, please trash it if you think its stupid) and rephrase it to What sells a brand? Awareness or BRand itself!! or any suitable title.


By Makrand Bhave, Marketing & MICE, WIZCRAFT International  | 06 19 2009 06:42:41 +0000
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