Sales Strategies In The Wolf Of Wall Street

1744 Words7 Pages
Every business industry nowadays, whether they are aware of it or not, depends on business strategies that they implement in order to achieve high growth potential. Some businesses, however, tend to forget the importance of maintaining effective sales strategies, therefore, they experience a decrease in sales causing their business to eventually experience some financial difficulties. Gluck (n.d.) describes sales strategy as a plan that allows companies to position their brand or product in order to gain a competitive advantage. Successful sales strategy should create a need by convincing a potential customer that the good is presented to them can solve their problems. This has to be created as a “planned approach to account-management policy…show more content…
Therefore, this project aims to compare and contrast the sales strategies used in the memoir and those used in the educational institute that will be studied. The results will then be used to analyze whether these strategies are effective and which ones aren’t, and how the strategies can be implemented in the educational facility in order to increase the annual financial income. The objectives of this research are as follows: 1. Describe key sales strategies depicted in the memoir “The Wolf of Wall Street”. 2. Examine some of the sales strategies in use, observed at the educational institute that allows them to reach their annual financial goal. 3. Compare and contrast the business strategies used in the educational institute and those depicted in the memoir. a) Examine how the business strategies used in the memoir can be implemented into the educational institute in Bangkok. b) Analyze the potential implementation of the strategies into the…show more content…
The movie “The Wolf of Wall Street” demonstrates how anyone has the ability to sell anything, you just need the right skills and abilities. Jordan Belfort is a real example of how any individual can become a millionaire in just a short period of time with very little training provided. One of the main Belfort’s lessons is to know exactly what you want. Not only have goals and a vision, but also know how you can reach your goals and have your desired outcome. When Belfort first came to Wall Street, he was a middle man with a dream to become rich. He knew exactly what he wanted and the steps he had to take to get there. Since the start, Belfort was self-driven and was eager to learn. He surrounded himself with the people who shared the same entrepreneurial passion and employed those who were enthusiastic to
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