Managing Business Marketing & Sales

26
Managing Business Marketing & Sales Professor Waldemar A. Pfoertsch 弗弗 Term 4/MBA 2006 Oct. 8 -28, 2007

description

Managing Business Marketing & Sales. Professor Waldemar A. Pfoertsch 弗沃德 Term 4/MBA 2006 Oct. 8 -28, 2007. Business Development. Forecasting markets Mutual Needs of Buyer and Seller Selling – The structure Own sales force Manufacture’s reps Distributors. Products. New. Existing. - PowerPoint PPT Presentation

Transcript of Managing Business Marketing & Sales

Page 1: Managing Business Marketing & Sales

Managing Business Marketing & Sales

Professor Waldemar A. Pfoertsch弗沃德

Term 4/MBA 2006 Oct. 8 -28, 2007

Page 2: Managing Business Marketing & Sales

Business Development

• Forecasting markets

• Mutual Needs of Buyer and Seller

• Selling – The structure– Own sales force– Manufacture’s reps – Distributors

Page 3: Managing Business Marketing & Sales

Products

New Existing

New

Existing

Markets

New Business

Core

Translation

Core Churn

Business Development Tracking Grid

Page 4: Managing Business Marketing & Sales

Decline

Introduction

Growth

Maturity

Time

Sales Revenue/ period

The Product Life Cycle

Page 5: Managing Business Marketing & Sales

The TALC and PLC Superimposed

TALC - Sales from New Adopters/

period

PLC – Total Sales

Time

technology adoption life cycle (TALC)

Page 6: Managing Business Marketing & Sales

Time

Revenue

Business Development Bands over the Product Life Cycle

Range of Initial Business Development for Each Offering

Range of Major Translation Effort

Range of Major Sales-Driven Effort

Page 7: Managing Business Marketing & Sales

How to sell?

• The customer is King!

• In Japan: The customer is Emperor!

• In China: …?

Page 8: Managing Business Marketing & Sales

Identify your current sales system

Page 9: Managing Business Marketing & Sales

Existing Control Systems

Page 10: Managing Business Marketing & Sales

Existing Control Systems

Page 11: Managing Business Marketing & Sales

Select your right sales system

Page 12: Managing Business Marketing & Sales

How come … ?

Page 13: Managing Business Marketing & Sales

How to meet the customer?

• Physical presence: sales people– Example: Schencker, Wurth,

• Knowledge: Internet, data bases– Example: Granger

• Emotions– Example: Singapore Airline’s Business Class

• Connectivity– Example: Alibaba

Page 14: Managing Business Marketing & Sales

Challenges

• Understand your customer’s desired experience

• Leverage technology’s strength

• Decide where service works correctly

• Optimize performance across your system

Page 15: Managing Business Marketing & Sales

Interface with the “machines”

Page 16: Managing Business Marketing & Sales

Interface with the “machines” cont.

Page 17: Managing Business Marketing & Sales

To come? Or is it here already?

Page 18: Managing Business Marketing & Sales

Marketing and Sales?

Page 19: Managing Business Marketing & Sales

The Buying Funnel

Page 20: Managing Business Marketing & Sales

Marketing and Sales integrated!

Page 21: Managing Business Marketing & Sales

Nutricia Middle East: Measuring Sales Force Effectiveness

1. What were the international marketing steps of Nutricia and what were the outcomes?

2. How is the market structure and buying process in the Middle East? Elaborate on the differences in the various countries.

3. How did they determine the effectiveness of the sales team?

4. What is the process of determining of sales force Key Performance Indicators (KPIs)?

5. Evaluate the current approach and suggest further improvements.

Page 22: Managing Business Marketing & Sales

How did they determine the effectiveness of the sales team?

Page 23: Managing Business Marketing & Sales

What is the process of determining of sales force Key Performance Indicators (KPIs)?

Page 24: Managing Business Marketing & Sales

Sales Force Integration at FedEx

1. Describe the FedEx unique business model and the acquisition activities before and after 1996?

2. Why was RPS so important for FedEx’s business?

3. What were the differences between the sales forces behaviour of FedEx Express and FedEx Ground and why were they so different?

4. What was the motivation to implement the ARISE (Achieve Revenue and Information Technology Synergies) project?

5. What were the most critical aspects of the sales force integration?

Page 25: Managing Business Marketing & Sales

http://resultsbrief.bain.com/videos/0609/index.htm#slide=1

Customer portfolio strategy matrixUp-to-date Information

Page 26: Managing Business Marketing & Sales

Thank you!

谢谢!

Waldemar Pfoertsch

Professor Business Marketing

CEIBS

699 Hongfeng Road, Shanghai China