Download - Building a Framework for Evaluating New Business Opportunities

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Page 1: Building a Framework for Evaluating New Business Opportunities

building a

framework in

marketing

Greg Chambers

Chambers pivot industries

presents

Page 2: Building a Framework for Evaluating New Business Opportunities

presents

housekeeping:

- if webinar freezes, re-launch

- if you can’t hear audio, there is a

dial in option

- this webinar is being recorded

- take notes - slides will be shared

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agenda* INTRO

* CONTENT

* 20-25 MINUTES

* ONE-WAY PRESENTATION

* QUESTIONS CAN BE SUBMITTED to

[email protected]

* WRAP UP

* the big IDEA

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guest SPEAKER

Greg ChambersChambers Pivot Industries

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building a

framework in

marketing

presents

Page 6: Building a Framework for Evaluating New Business Opportunities

building a

framework in

marketing

presents

Page 7: Building a Framework for Evaluating New Business Opportunities

defining terms

"The beginning of wisdom is a definition of terms"

- Socrates

-new New business evaluation

-existing new business processes

-framework

-customer centric

-customer decision making process. . .

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think like your customer

“I have a problem”

“I do some research”

“i look for options”

“i want the best deal”

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think like your customer

I need A washer

i have to research

front load? noise? size?

“What’s the best price?”

Ted’s weekend example

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evaluating new

business channels

you need a process

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evaluating new

business channels

Linkedin as the example

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The process

4 steps - intuitive

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step one

define success

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step one

pick something

example: success = # New Customers

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step one

“start anywhere, go everywhere”

(the key is to start)

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step TWO

measure it

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step TWO

simplicity rules

example = # of new customers

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step TWO

monthly measure

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step TWO

beware the overload

keep it simple - it’s a framework

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step TWO

pick the metric - move on

(start anywhere, go everywhere)

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step Three

talk to customers/prospects

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step Three

To get, give

(offer value, get some in return)

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step Three

what questions do you ask?*keep it broad

*use customer’s decision making as guide

*look for insights

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step Three

it’s tempting to act.

sit tight.

let it soak in. no action yet.

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our progress...

* we defined success

* we put a metric on it

* we ran it past customers

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step four

last step: define

Minimum acceptable standards

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step four

sometimes, you have to know

when to give up. (sorry churchill)

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step four

set a time limit &

use the metric from step 2

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The process

simple, but not easy

define success set measures customer input min. standards

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evaluating new

business channels

Linkedin? i’m ready.

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next step

what do you do now? start?

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think about it

take notes - sit tight - get ready

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conclusion

* we met one another

* we defined, got on same page

* we thought like customers

* we walked through a process

* it is a process, not an event

* we’re WRAPping UP

* next is our IDEA

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The idea

goleads seminar seriesexpanding on:

- database marketing

- lead generation

- marketing automation

[email protected](tell mr bill what you think)

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with: Greg Chambers

Chambers pivot industries

presentedbuilding a

framework in

marketing