Compliance ASP vendor
Project 1 - Marketing Strategy
Background
This Australian company had developed a compliance-related
service with relevance in government and major corporates. The
company had:
- no
dedicated sales people or resellers
- generalised
sales tools
- 1
major customer, the original development partner
- contracted
external salespeople over 6 months
- gained
limited market insight or sales as a result.
Challenge
To maximize market exposure, penetration and sales
using existing resources.
Solution
We analysed the service offering, competitors, potential
market, and sales and distribution options. We
recommended:
- defining
their offering in more compelling terms
- avoiding
contracted sales services
- using
their own sales people, and equipping and targeting
them better
- focusing
on unique capabilities rather features shared by competitors
- focusing
on a limited number of accessible verticals.
We rewrote all sales tools, website content,
and devised scripts to prospect potential
partners,
and prospects.
In 3 weeks the company was able to:
- identify
and focus on fewer higher potential prospects
- focus
on alliances and key verticals using its own people
- sharply
differentiate its service from competitors
- reduce
its overheads.
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