Friday, 4 March 2016

Telemarketing

Introduction
Telemarketing is the behavior of marketing goods and services towards the customers through the telephone. Telemarketing may implement by the telemarketer, auto mobile, or others devices that can connect through to link with your customers. Mobile phone plays a very important role in business and marketing, as it helping a company to promoting and discussing the business with customers through the device. As the mobile phone had brought a new revolution of its kind of field in the communication, it had occupy a spaces in communication technology. Telemarketing has generate as a powerful tool of direct marketing due to rapid growth of mobile telephone. It carries out all the advantages of direct marketing but at a quite lower cost. Telemarketing is a very general style of marketing companies use to link with other potential customers of their products or services. Besides that, telemarketing is made up of companies making telephone calls to existing customers. With the new technology, telemarketing has enlarged to include video, meeting calls as well, although those are typically executed with current customers. The purpose of the telemarketing is to let customers understand clearly about the product first so they can easy access to the supplier and consume it. Not only that, the expression telemarketing is a telephone arrangement for ordering of products and services by communication with in business hours (Agarwal, R., & Mehrotra, A. (2009).

Categories in telemarketing
Telemarketing is a very common way for marketers to use to produce the opportunity to take an action before others do which will become a sample for people to follow the action. One of the flexible ways to gain new customers is through lead generation telemarketing. Sometimes, people might ignore those advertisements purposely or accidentally. However, the probability of people to miss a call will be lesser compare to miss the advertisements because people will call back or text back the number that they received call or text to know who is the one who going to find them for what purpose. Good communication skill is important for the key to a good telemarketing and telesales staff to increase the business of a company. Telemarketers will make a list of potential customers which are most likely and having interest to buy and use the company’s product or service.
There are two major categories in telemarketing, which is business-to-business (B2B) and business-to-consumer (B2C). Business-to-business telemarketing is transactions between businesses which mean the business deal between two different companies through telecommunication. Next, it is totally different and opposite to those between businesses and other groups, such as business and government (B2G) and business and individual consumers (B2C). It is just focus on the relationship between business and business but not with any other parties such like consumers or government. To gain benefits, all the companies must get involved in business-to-business because it is a tool to earn profit for a company in a business. Besides that, a company’s reputation in market is important because it may affect the sales and how much confidence from customers towards a product.
Next, another category in telemarketing is business-to-consumer (B2C). Business-to-consumer (B2C) is a method use to contact with the clients through using a customer service representative by making outbound calls. The purpose of business-to-consumers telemarketing is to share and give information about a product which has quality by using telephone. It has provides in-house maintenance software networks for other company and firms to increase the sales and profits efficiently. It is also a way use to improve and maintain the relationship between consumers and company. Interaction between the marketers and consumers by sharing information about a product or service through telemarketing is important to help to increase sales of a product or service. Business-to-consumer marketing is widely used and the most cost-effective strategy to be use to expand the market.
Lastly, both business-to-business and business-to-consumer are useful in order to increase reputation of a company’s products or services and it can helps to bring profit to a company. (Categories of Telemarketing, (n.d.))


Advantages of Telemarketing
While telemarketing want to be most strongly related with thick skin individuals forging their way through a list in search of sales leads, it is actually a very wide term that use to a large amount of both inbound and outbound of the telephone marketing. This work consist of few instances, replying responses towards the advertising campaign, or calling existing, current customers to offer additional services. For instance, customers may not satisfied to the things that we provide, they may have more requirement, so we could offer them a suitable services to fulfill their needs. Hence, it can increase the reputation of our companies. Furthermore, in ordinary a different set of skills are quite concerned for inbound and outbound telemarketing, which plans to have a wider range of selling skills (Business Advantage, N.D).
Besides that, telemarketing is creating a low cost production solution to direct marketing to the customer and it may come out with different feedback. Some of the consumers may feeling happy to receive telemarketing calls. However, marketers are also should not be too over to cause the opposite effect, for example make them feel annoying, inconvenienced, or even psychologically or mentally because they have been harmed by numerous hang-up calls during the day. We should do everything in the suitable way. Telemarketing can becomes interested to seek out that which of the goods and services that are often marketed and which goods and services have been ready yet to accept by customers through this medium. It is very important to understand the perception and attitude of the customers toward telemarketing for its success. There are many industries that relying on telemarketing. For instance, cable and internet services, home security systems, financial services, vacation and timeshare, charitable organizations (Geetika, Tiwari.D & Gupta.P (2012).
Furthermore, telemarketing also useful in improving marketing data. In telemarketing, the basic level will include some gathering in the contact information of the decision makers and their application of the goods and services that related to your market, but in further survey can deliver more in-depth information such as the relationship between the customers, experiences, more to the long term business and others. We also need to make sure that the business discuss is clear and accurate. So they can believe in telemarketing and increase your business in the companies (Business Advantage, N.D). Through the telemarketing, we can understand many such as while the process of obtaining new customers, information broadcasted, customers feedback, impact of the telemarketing towards different perspectives, and future prospects of telemarketing. Besides that, you can also choose to keep contact and maintain the relationship with the customers because they may help you a lot in your business way. You can choose to set up a new website, and you can introduce the website to your existing customers and inform them this is one of the business you are doing with them instead of telemarketing. So you would have the opportunity to pass on new product information and special offer.


Conclusion
In conclusion, telemarketing can increase the growth in business through the lead generation, appointment settings, do well in your planning and arrangement so that it would be more efficient towards a company with the customers. Market research also help a lot and provide more information in the work. Lastly, telemarketing also help a lot in multinational company, so that they can gain a lot of extra benefits through telemarketing. A company’s performance will have a huge improvement as long as the reliability and trustworthy among two company as a strong bond between them.

Bibliography
Ayres, I., & Funk, M. (n.d.). Marketing Privacy: A Solution for the Blight of Telemarketing (and Spam and Junk Mail). SSRN Electronic Journal. doi:10.2139/ssrn.303303
Agarwal, R., & Mehrotra, A. (2009). Telemarketing - a bane or a boon for companies? An assessment of Indian customers' attitude and perception towards telemarketing. Journal of Customer Behaviour, 8(3), 257-291. doi:10.1362/147539209x469335
Categories of Telemarketing. (n.d.). Retrieved from http://www.gloccal.com/telemarketing/categories-of-telemarketing.html
Chaudhry, H., & Gupta, S. (2015). Consumers' Motivation for Participating in Cause Related Marketing: An Exploratory Study. Indian Journal of Marketing, 45(1), 36. doi:10.17010/ijom/2015/v45/i1/79999
Cohen, E. (n.d.). The Business Advantage of Transparency for SMEs. Sustainability Reporting for SMEs: Competitive Advantage Through Transparency, 36-53. doi:10.5848/dos.978-1-909293-38-0_4
King, N. J., & Jessen, P. W. (2010). Profiling the mobile customer – Is industry self-regulation adequate to protect consumer privacy when behavioural advertisers target mobile phones? – Part II. Computer Law & Security Review, 26(6), 595-612. doi:10.1016/j.clsr.2010.09.007

What is Telemarketing? - Definition, Examples & Laws | Study.com. (n.d.). Retrieved from http://study.com/academy/lesson/what-is-telemarketing-definition-examples-laws.html

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