“Covid 19 – Sales Under Lockdown!”
So you face these challenges and important issues …
1. Your business is facing too many competitors.
2.Your sales are poor
3. Wondering how you can convert your social media connections to
customers.
4.You lack effective digital marketing know how
5.You dream BIG
6.You enjoy learning new ideas
7.Your current education isn’t suffice for digital marketing
8.You spread yourself thin through multi-tasking
9.You have a lot to do but little time
About The Author
Hi! Iam Cain Ndhlovu the founder of Sunrise Digital Marketing Agency in Harare, Zimbabwe. I help startups and entrepreneurs through provision of outsourced digital marketing services that generate sales on their behalf so that their businesses can grow to medium sized enterprises.
In summary the benefits gained from this are; (1) increased and sustainable sales (2) relieving the marketing function / helping entrepreneurs focus on less (3) gaining digital marketing skill (4) achievement of business goals and beyond.
I do relate …
Here is my own story. A generous friend called Thando helped me in 2007
to get employment as a Sales Negotiator at a real estate agency.
As the national economy went under my father always told me to start my
own thing. So the entrepreneurial nature of commission based employment
resonated with me but no one told me about what needed to be done to earn the
commission.
The property market had vicious competition. I was not prepared for it. I
was just a school leaver who only knew poem writing.
I still have fond memories of my masterpiece Wilderness
Wanderer which talked about a beautiful girl searching for true
love.
Indeed, I was equipped with a table knife for a gun fight. I
lost the fight because I was eventually fired.
I joined another estate agency. This time I wasn’t fired but the agency
owner simply told me the words, “maybe selling real estate isn’t for you.” I
left on my own.
Ultimately, I had to answer one question, “How can I improve
my sales?”
I wasn’t prepared to quite yet. Being penniless and at the deep end I
tried to make do with what was there.
So I managed to turn poem writing into property article writing. Noticing
the new development my friend helped me set up a blog.
I am forever grateful for this because the blog published my property
articles on the internet thereby marketing myself to a wider audience at zero
cost (blogger is free).
A
turning point …
The year 2014 was a turning point because after years of try and error
the new approach finally paid dividends as I earned USD 1 000.00.
It all started when I wrote an article titled,
This article resonated with a Harare lady. She had just purchased a Msasa
(Harare) house from a seriously-ill seller and there was an outstanding
balance.
After reading the post she decided to clear this balance by selling another
property - a piece of land in Madokero (Harare).
I was the real estate agent she commissioned to do the job on her
behalf. Finally, I had discovered the winning formula!
Success happened when I was at my last real estate agency. Of course I
wasn’t fired this time but I left with full honors!
After the digital marketing miracle of 2014 I was emboldened to start a
digital marketing agency in pursuit of the vision of starting my own thing.
Covid 19 – Sales Under Lockdown
Introduction
The Corona Virus Lockdowns
through their endless restrictions on movement affected sales that were
generated through traditional marketing methods like billboards and banners.
In the UK this was signified by a
£1 Billion decrease in traditional advertising expenditure Nielsen said.
According to Nielsen AdIntel data
between March 23 and June 30 2020 notable reduction in traditional advertising expenditure
were as follows;
McDonald’s - 97%
Sky - 60%
Amazon – 77%
There are many reasons that leads
to poor sales and Covid 19 lockdowns is the latest. Start-ups and small
enterprises that relied only on traditional marketing methods like banners,
brochures and print newspapers suffered greatly during the lockdown.
Poor sales revolves around lower
prices that causes lower gross margins.
Effects Of Poor Sales
Here are some of the effects of
poor sales on a business;
1.
Impediment To Growth
Poor sales results in less money
available to cover operating costs like marketing expenses and administrative
salaries.
In addition, there may be not
enough cash to invest in projects that will upgrade the company’s long range
efficiency such as IT. The company may not be able to pursue opportunities like
acquiring a competitor, hire efficient staff or attract the best talent.
2.
Jeopardizing Company Survival
If the company cannot increase
its sales through measures like innovative marketing it may experience ongoing
negative cash flow and eventually have to close its doors.
3.
Pressure On The Sales Team
What ever the reasons for poor
sales even those like failure to invest in effective lead generation by the
company, management always turn on the pressure upon the sales staff and tell
them to up their game or else …
4.
Retrenchments
As poor sales persist companies
may have to implement radical reorganization of the departments involved in the
production of the company’s products.
This restructuring often include
eliminating personnel in an attempt to lower costs and raise gross margins. The
company is not necessarily assured that the personnel cost reductions will
bring about higher margins.
One outcome could be a decline in morale and reduction in productivity.
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