What are the definitions of Sales, Marketing and Business Development?
Sales are people that sale stuff, like car salesman
Marketing – market a product, not necessary outcome into a sale. More of promoting the products espeically new ones.
Business Development – nowadays corporations go for this instead of the above. The tasks are wider. One need to understand the market, know their clients needs and wants, and research to develop the product that the market needs. Promote and market them. Make a sale.
This is what i understood.
Originally posted 2009-09-02 10:03:59.
Sales are people that sale stuff, like car salesman
Marketing – market a product, not necessary outcome into a sale. More of promoting the products espeically new ones.
Business Development – nowadays corporations go for this instead of the above. The tasks are wider. One need to understand the market, know their clients needs and wants, and research to develop the product that the market needs. Promote and market them. Make a sale.
This is what i understood.
References :
If you want to compare 2009 sales to 2008 sales, 2008 is the base figure. So, (20 sales in 2009)/(51 sales in 2009) is about 39% which is the percent of 2008 sales that 2009 represents. But you want the sales decline which is 1-39% or a little over 60% sales decline. The correct statement is that sales declined 60% from 2008 to 2009.
If you imagine your base year with sales of a 100, the math will be intuitive to you. For instance 2008 sales 100, 2009 sales 30, sales down 70%.
Also, your sentence above does not match the math you performed. 51-20 is the new value subtracted from the old value.
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To get business angles one need to have a great idea and solid plan to match it. The investors come in the business coz of the prospect of good returns, but once in they do anything in their powers to ensure the business succeeds. This probably would mean they invest their skills, time, experience and the contacts.
The worst nightmare for most startup business owners is the lost of control, with business angles in town, control of the business could easily be taken by them depending on the individual. At the end funding process has a lot of advantages and as long as they outweigh the disadvantages, it is the way to go
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