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Posts Tagged ‘Telemarketing’

Telemarketing – Where Do You Go From Here?

Wednesday, September 29th, 2010

Now that you’ve made the smart choice and you’ve finally decided to migrate your sales and marketing efforts to Telemarketing, there’s definitely nowhere else to go but up. Of course, the time it will take for your company to get there will depend entirely on how you approach this matter and how efficiently you maximize the most out of your telemarketing efforts.

Will you do it in-house or will you outsource? If security is an issue for your company and you’re quite convinced not one of the many telemarketing call centers out there can assure you of your company’s data security or you think that you can give your company that unique advantage because it’s one of your company’s core competencies, you’d probably do your telemarketing campaign in-house. Naturally, there will be additional costs but if your company doesn’t mind shelling out more, then, it’s all good. A company who chooses to do it in-house must:

- Hire qualified employees
- Train the employee
- Pay employee wages and benefits
- Provide the employees their own workstations
- Provide the technology needed like a computer, software and hardware, phone, Internet access, copier, fax machine, etc.
- Pay for telecommunications costs
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Often times the company opting for the in-house approach incurs additional expenses on top of the existing one for certain events force majeure such as:

- Scheduled vacations
- Unscheduled absences
- Unscheduled sick days
- Unscheduled Family leave
- Maternity leave
- Amazingly with outsourcing, the company must only:

- Locate a reliable and high-quality vendor
- Pay the vendor for the services provided

Looking at the reasons listed above, it seems obvious why majority of companies switching over their sales and marketing to telemarketing, choose outsourcing as the most practical and cost-effective solution to increasing their profit. Management can focus more on resolving core issues without distractions because their outsourced services are being taken care of by the telemarketing side.

It’s important to know and understand that telemarketing is not the be-all end-all of sales strategies. Instead, it’s just one method of performing the sales process. Just like other tried and tested sales method, success in closing a sale over the phone is dependent on finding qualified prospects to call.

But let’s be clear, not all telemarketing programs are successful. Some fail due to improper handling and execution, unrealistic goals on a short time frame, oversimplifying important concerns, and lack of top management support. These reasons just to name a few have caused good telemarketing campaigns to fail just like that. Like any marketing strategy, telemarketing takes careful, well thought planning and development. It needs nurturing. It takes time to gain confidence in the process, identify areas for improvements, and to predict results.

Some of the most common mistakes telemarketing companies make:

- Telemarketing wasn’t even considered as an option
- The lack or absence of total commitment
- Failing to develop a proper database and lead generation
- Improper human resource planning and allocation
- Not having proper scripts and call guides
- Lack of quality control

Identifying the most common reasons why telemarketing companies fail and learning from them should be a good start for you and your company. Hopefully, we’ve also established that outsourcing your sales and marketing endeavors is the only choice if success is to be guaranteed. These should put you a little closer to being a mature, marketable and profitable company. Be a step ahead of the competition, in a manner of speaking. Now that you know all these, it’s time to act, sit back, relax and let the gears of telemarketing turn and work to your advantage.

Why Telemarketing is Still Around

Monday, July 19th, 2010

Telemarketing is a loaded word that most people associate with negative and annoying phone publicity. In fact, telesales have got such a reputation with most folks that it would seem counter intuitive for companies to continue employing the services of an industry that has such a reputation. However, there is one very simple reason that businesses continue to turn to telemarketing to help promote their services and products – it works. The reason that it works so well is that every telemarketer is able to talk directly with the consumer to gauge their interest in what the company is offering, find out more about their consumer habits and glean all kinds of information that a business can then use to develop new products and services that are all specifically targeted to that particular consumer.

Telemarketing was not always this adept at getting such information out of people. The shift occurred in the early 1990s when the internet was taking away business from the telesales industry. Most analysts believed that since more and more consumers were starting to make online purchases and starting to get their information from the world wide web, telemarketing would finally die. The telesales industry realized that this would come to pass unless they found ways of making themselves useful once again to the business world. Therefore, telesales service providers were no longer just the hard sell businesses that they used to be – they became full service call centers.

The shift was extremely clever as it bought the industry time to get the idea implanted into the business world’s psyche and by the time the change really caught on, telemarketing had taken on a whole new meaning. Your average telemarketer was no longer a grunt working in horrid conditions for an unscrupulous company, the modern telemarketer earned decent wages with good benefits and lives a middle class existence.

The new telemarketing model was also moved off-shore so that they could provide these essential business services at a fraction of the cost. The new deal made it possible for the telemarketing agencies in developing countries to find good jobs. In fact, call centers have become one of the biggest industries in India where a burgeoning middle class is challenging millennia of tradition.

Telemarketing is still around because it has managed to constantly keep itself relevant. It is still around because business leaders like the
immediacy of placing a call and getting feedback right away. When a telemarketer talks directly to a consumer they can find out exactly what they need to know. They can assess what the consumer thinks immediately about whatever product or service they are talking about and they can compile that information easily and quickly. It has proven itself to be a fantastic method of lead generation.

Regardless of what the future holds for the business world, chances are that telemarketing will always have a place in it. After all, there is no other way of getting directly into the minds of your consumer with such immediacy.