Business Development And Marketing – A Modern Approach
Business development and marketing are essential elements of running a successful company. They both have a similar aim: attract the best customers and clients to your business.
All employees who deal with attracting customers can improve your company’s bottom line. Each department has a role to play. The key is in exchanging information and feedback.
In the past, marketing has been focused on broadcasting a message to a wide audience. Over time, this approach has resulted in very disconnected relationships. Many companies lose customers due to mismatched promotions. That’s because most companies don’t listen enough to customer needs.
That’s where business development can help. For instance, sales teams can share what they’ve learned with the company’s marketers. Customer feedback is a powerful resource when it comes to shaping your marketing. The result is a more refined advertising message – and a better offering for your customers.