Who is interested in buying your product/service and why?

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Who Is Interested In Buying Your Products & Services and Why? Facilitator: Sammy Rose MBA, MCIM Chartered Marketer Mentor: Maxine Ward - BA Event Mgt, DipM MCIM 1

description

Market research/statistics show that certain products/services appeal to certain customer types, regardless of whether you are selling to other businesses or end users. This service helps candidates to explore and discover what types of prospects they should be targeting their product/service at, in order to get the best return from their sales efforts and investment.

Transcript of Who is interested in buying your product/service and why?

Page 1: Who is interested in buying your product/service and why?

Who Is Interested In Buying Your Products & Services and Why?

Facilitator: Sammy Rose MBA, MCIM

Chartered Marketer

Mentor: Maxine Ward - BA Event Mgt, DipM MCIM

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Page 2: Who is interested in buying your product/service and why?

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ROUND UP:-

•Your product proposition must in some way differentiate you from competitors’

offerings

DON’T FORGET You have direct and indirect competition to think about

here!

•Try to protect your product differentiation through:-

�Intellectual Property

�Branding

�Regular communications eg. Kitting customers and prospects

• Seek to enhance your basic product proposition with attributes

• Promote benefits, not features

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Page 4: Who is interested in buying your product/service and why?

•S.I.C. Code

•Turnover

•Number of Employees

•Geography

B 2 B Customer Profile

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Page 5: Who is interested in buying your product/service and why?

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Females %

Males %

60 +

45 - 59

30 - 44

20 - 29

16 - 19

< 16

Other Details:

Council

Pre 1940’s

Detached

Modern

Semi/Terraced

Modern

Detached

Rented

Owned

Student

Other

Retired

Housewives

Blue Collar

White Collar

Management

Professional

Accommodation Occupation

Age

B 2 C Customer Profile

Page 6: Who is interested in buying your product/service and why?

SALES PIPELINE

Contribution to Sales

Mar ket Oppor tuni ty

Mar ket Oppor tuni ty

Mar ket Oppor tuni ty

Mar ket Oppor tuni ty

High Low

High

LowCustomer groupings that are the

mainstay of your business; however

when it comes to finding new parties to contact from these groupings then these

numbers are dwindling

?Customer groupings that you think could be interested in your product proposition – but you

are not quite sure

Customer groupings that buy from you and

then don’t want to pay; moan about what

you’ve done etc, etc…………….

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Customer groupings that you have recently

begun marketing to and who have shown

healthy levels of interest. Moreover there are lots more prospects from these groupings to

try

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Balustrade Just Got a Whole Lot More Interesting….

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Page 9: Who is interested in buying your product/service and why?

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How Do You Know What Customer’s Want?

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Customers Surveys – What To Ask?

• Top 3 things you like best about us

• Top 3 things you like least

• 3 names you see as synonymous with the supply

of …………………………

• Top 3 things you like about the top name on your list

• Top 3 things you least like about them

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How Do You Go About Finding New Customers?

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