Search
Close this search box.
Blog » Annuities » Before Doubting Your Products/Service, See How to Improve Your Marketing Team

Before Doubting Your Products/Service, See How to Improve Your Marketing Team

Updated on January 17th, 2022
Improve Your Marketing

Marketing is one of the most critical elements of your business. If you get marketing right, you can drive sales, increase brand recognition, and achieve enduring success. If you get it wrong, your company is probably in trouble. So for a healthy business, improve your marketing.

Your marketing team’s effectiveness is extremely important. Companies that build motivated, highly competent marketing teams can achieve significant advantages over their rivals. This can lead to more sales and increased profitability.

However, good marketing teams, like anything else, require a substantial investment of time and effort. Here are some ways you can improve your marketing staff, and add to your company’s bottom line today.

Hire and Keep the Right People

If you want a great marketing team, hire the right people from the start. Every member of the team must be value added. Seek out experienced sales representatives with proven track records, preferably in your company’s line of business.

You should also look for people who have the skills to market effectively in today’s business environment, too. Since so many leads and sales are generated through online marketing these days, make sure potential hires are Internet savvy.

Take the time to review resumes, ask the right questions, and ensure any potential hires have what it takes.

Managers also need to  look carefully at the performance of marketing team members, and be willing to make hard choices. If team members are not performing, they may need to be cu loose. Managers spend too much time attempting to coax a better performance out of the bottom 20 percent of their staff.

Invest In Your Marketing Team

Hiring talented sales staff is the foundation of building an effective marketing team, but it isn’t enough. You must continue to invest in each marketing team member, and the team itself. This will help your company gain and maintain a competitive advantage over your competitors.

Consider establishing an orientation program for new marketing hires, so they understand all aspects of your company; this will make them much more effective when designing marketing content like ads, or when they interact with potential clients.

Also, consider having your marketing staff members attend training conferences, workshops or classes, so that they develop new skills to be more effective. If your company has the resources, consider funding advanced education opportunities for marketing team members with the most potential, so they can contribute even more to the company after earning advanced degrees and certifications.

Investing in your marketing staff won’t only improve their skill level, either; it can also lead to increased employee motivation, performance, and loyalty.

Help Improve Your Marketing Teams Collaboration

One of the best ways to ensure your marketing team is as effective as possible is to make certain that they are a team in the first place. Help set conditions so that everyone on your marketing team can work together, collaborate, develop a shared vision, and ultimately are in the best position to achieve your company’s marketing objectives.

The marketing team should have sufficient workspace to meet, collaborate on projects, and share ideas; an open office environment may be a particularly effective way to instill a shared mission and team spirit for your marketing staff.

Additionally, you should ensure your marketing team has the right tools to collaborate effectively as well.  Virtual meeting applications, such as Skype are critical for the team to share information, even when team members aren’t in the same location.

Software that allows your marketing staff to share files and collaborate on projects, such as Dropbox or Evernote, is extremely important as well. Mobile devices that help your employees leverage collaborative tools like these are also investments worth your consideration.

Finally, remember to consider low-tech collaborative tools when working to improve your marketing team; for example, simply adding whiteboards in your marketing staff’s office spaces can increase creativity, and foster a shared sense of mission when it comes to problem solving.

Monitor, Measure, and Postmortem Everything

As important as hiring the right people and investing in them is, keeping track of their performance is equally critical. Your company needs to monitor the performance of the marketing team as a whole, as well as individuals. You should track lead development, sales, and effective marketing campaign contributions closely.

Doing so can help you make critical decisions about your marketing staff, and your overall marketing strategy itself. Additionally, following any major marketing effort such as a sale, a new ad campaign, or a venture into online content and social media, you should ruthlessly postmortem the event.

A postmortem is essentially an after action review of the event, to determine the overall intent of the marketing activity, whether it achieved the intent, what worked well and what didn’t. Postmortems can help you make decisions about future events, and will also help improve your marketing team, so they are even more effective in future endeavors.

Keeping easily accessible files on sale activity, marketing performance, and postmortems can help to further educate new team members during orientation, and will aid in overall company transparency as well.

Final Thoughts on Effective Marketing Teams

A competent, cohesive, highly skilled marketing team is critical to developing the attributes your business needs to grow and prosper.

Managers, particularly those in small businesses with limited resources, need to take the time and effort to build marketing teams that can truly make a return on their investment. Hire the right people with the right skills, invest in their training, and give them the tools to collaborate more effectively as a team. Monitor everything that your marketing team does, and always seek to improve the team’s efficiency and effectiveness.

Your investment in a competent marketing team today will drive future sales and profits,. This will ensure your company’s success over the long term.

William Lipovsky

William Lipovsky

William Lipovsky owns the personal finance website First Quarter Finance. He began investing when he was 10 years old. His financial works have been published on Business Insider, Entrepreneur, Forbes, U.S. News & World Report, Yahoo Finance, and many others.

About Due

Due makes it easier to retire on your terms. We give you a realistic view on exactly where you’re at financially so when you retire you know how much money you’ll get each month. Get started today.

Categories

Top Trending Posts

Due Fact-Checking Standards and Processes

To ensure we’re putting out the highest content standards, we sought out the help of certified financial experts and accredited individuals to verify our advice. We also rely on them for the most up to date information and data to make sure our in-depth research has the facts right, for today… Not yesterday. Our financial expert review board allows our readers to not only trust the information they are reading but to act on it as well. Most of our authors are CFP (Certified Financial Planners) or CRPC (Chartered Retirement Planning Counselor) certified and all have college degrees. Learn more about annuities, retirement advice and take the correct steps towards financial freedom and knowing exactly where you stand today. Learn everything about our top-notch financial expert reviews below… Learn More