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Presented by
Atmadeep Das
What is a Sales Strategy?
• An operating plan for a company’s sales
force.
What does a Sales Strategy do?
• Allocates sales resources efficiently to
selling costs down and revenues up.
What does it mean to use a Sales
Strategy?
• CEO can get the most out of his/her
sales force.
 Merger of sales forces after Acquisition
 Declining Sales Revenues
 Declining market share
 Increasing cost of sales
 Changing market- product mix
 New Product launch that falls short of sell-through
expectation
 New market entries posing competitive threat
Channels
Determine optimal route to market
Develop
Go-to-
Market
Plan
2
Sales Force Structure
Organizational model effectiveness vs.
efficiency
Sales Force Size
Match selling capacity to market demand
Design
Sales
Force
3
Sales Infrastructure
Create performance conditions for optimal results
Build
Infrastruct
ure
4
Account
Segmentation
Segment accounts by Ideal
Customer Profile
Lead Management
Generate MQL/SAL/SQL
Sales Process
Map customer/prospect buying process to custom built sales
process
Develop
Sales
Strategy
STEP
1
State what you exactly want to achieve.
Can you break larger tasks into smaller
items?
Establish clear definitions to help you to
measure if you are reaching your goals.
Describe your goals using actions verbs,
and outline the exact steps you will take
to accomplish your goal.
Give yourself the opportunity to succeed
by setting goals you will actually be able to
accomplish. Be sure to consider obstacles
you need to overcome
Now much time do you have to complete
the task? Decide when you will exactly
start and finish the goals.
Corpora
te
Strategy
Marketi
ng
Strategy
Sales
Strateg
y
Sales
Managem
ent Tools
• Feature and
benefits
• Product Mix
• Distribution
• Price schedul
• Volume discou
• Personal sellin
• Advertising
• Customer Ser
• Target market
penetration
• Price realization
• Brand integrity• Product mix
• Efficient distribution
• And so on….
Application
Buyer
Product
Value
Added
Selling
cost
Conclusion: Adding value during the sales process
costs money!
Sales
Managem
ent tools
Job
Design
Pay and
recogniti
on
Recruitin
g and
selection
Training
&
Coaching
Career
Managem
ent
Sales management tools should be strategicall
aligned
Things like Corporate Strategy, Business Life Cycle,
Market Dynamics.
1. Assess Performance Environment
• Review existing documentation
• Research industry markets
• Interview executives and management
• Survey Sales Force
• Survey Customers
• Mystery Shop competition
2. Evaluate Organizational Design
Look at Sales Structure, Value Chain, Sales Channel,
Processes/Tools
Evaluate Organization Design
Questions to
Consider- How
do you apply?
Is Compensation
inciting correct
behavior?
Is there an active
Performance
Mgmt. plan in
place?Does the CRM
platform maximize
efficiencies?
3. Conduct Competitive Analysis
Including Stakeholder analysis and identification of
competitive openings
Competitive Analysis
Competitive Intelligence
links sales strategy to competitive response
Magazines
Newswires
SEC Filings
Web Sites
Census
Market
Research
Newspaper
s
Internal &
External
Experts
Business Intelligence
Software
News Portals
Online Directories
Vertical Portals
News Portals
Research Shops
Monitoring
Tailoring
Archiving
Competitor Profiling
SWOT Analysis
Trend Analysis
Simulation
Forecasting
Communications
Brand
Marketing Position
Human Resources
Suppliers
Mergers/Acquisitions
Financial
Product Dev.
Business Dev.
Public Relations
Marketing
Information
Information
Aggregation
Strategy Business
Action
Competitive
Intelligence
Content
Generatio
n
4. Develop Buyer Personas.
Don’t just try to understand who your customer is…. Understand how they
buy. Otherwise you cant tailor your sales methodology to their buyer
methodology.
4. Develop a road map.
 With ROI models, Change Management Plan, Sequencing of
improvement initiatives
 Requires a Sales Force Effectiveness team to carry out
Develop Roadmap
Momentum
Success
Build
SOP
Design
Systems,
processes
and
communic
ation are
Standard
Operating
Procedure
Strategies
successful
ly
executed
and
creating
measurab
le results
Implem
ent and
execut
e
defined
strategi
es
Develop
the
systems,
processes
and
communic
ations that
drive
results
Research
and
define
the
marketpla
ce,
strategies
and
measures
of success
Clear roadmap in developing
sales strategy to achieve
corporate goals
Best Practices in Sales Strategy
• Ensure active and visible CEO/Business Unit Leader
participation
• Agree on financial & operational term definitions
• Plan and execute robust communications
• Garner continuous cross-company engagement
• Deploy/contract talented resources to carry out build &
improvement efforts
• Don’t forget to link to Corporate Strategy
• Continually refresh strategy as needed
Sales strategy

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Sales strategy

  • 2.
  • 3. What is a Sales Strategy? • An operating plan for a company’s sales force. What does a Sales Strategy do? • Allocates sales resources efficiently to selling costs down and revenues up. What does it mean to use a Sales Strategy? • CEO can get the most out of his/her sales force.
  • 4.
  • 5.  Merger of sales forces after Acquisition  Declining Sales Revenues  Declining market share  Increasing cost of sales  Changing market- product mix  New Product launch that falls short of sell-through expectation  New market entries posing competitive threat
  • 6. Channels Determine optimal route to market Develop Go-to- Market Plan 2 Sales Force Structure Organizational model effectiveness vs. efficiency Sales Force Size Match selling capacity to market demand Design Sales Force 3 Sales Infrastructure Create performance conditions for optimal results Build Infrastruct ure 4 Account Segmentation Segment accounts by Ideal Customer Profile Lead Management Generate MQL/SAL/SQL Sales Process Map customer/prospect buying process to custom built sales process Develop Sales Strategy STEP 1
  • 7. State what you exactly want to achieve. Can you break larger tasks into smaller items? Establish clear definitions to help you to measure if you are reaching your goals. Describe your goals using actions verbs, and outline the exact steps you will take to accomplish your goal. Give yourself the opportunity to succeed by setting goals you will actually be able to accomplish. Be sure to consider obstacles you need to overcome Now much time do you have to complete the task? Decide when you will exactly start and finish the goals.
  • 9.
  • 10. • Feature and benefits • Product Mix • Distribution • Price schedul • Volume discou • Personal sellin • Advertising • Customer Ser
  • 11.
  • 12.
  • 13.
  • 14. • Target market penetration • Price realization • Brand integrity• Product mix • Efficient distribution • And so on….
  • 16. Sales Managem ent tools Job Design Pay and recogniti on Recruitin g and selection Training & Coaching Career Managem ent Sales management tools should be strategicall aligned
  • 17.
  • 18. Things like Corporate Strategy, Business Life Cycle, Market Dynamics. 1. Assess Performance Environment • Review existing documentation • Research industry markets • Interview executives and management • Survey Sales Force • Survey Customers • Mystery Shop competition
  • 19. 2. Evaluate Organizational Design Look at Sales Structure, Value Chain, Sales Channel, Processes/Tools
  • 20. Evaluate Organization Design Questions to Consider- How do you apply? Is Compensation inciting correct behavior? Is there an active Performance Mgmt. plan in place?Does the CRM platform maximize efficiencies?
  • 21. 3. Conduct Competitive Analysis Including Stakeholder analysis and identification of competitive openings
  • 22. Competitive Analysis Competitive Intelligence links sales strategy to competitive response Magazines Newswires SEC Filings Web Sites Census Market Research Newspaper s Internal & External Experts Business Intelligence Software News Portals Online Directories Vertical Portals News Portals Research Shops Monitoring Tailoring Archiving Competitor Profiling SWOT Analysis Trend Analysis Simulation Forecasting Communications Brand Marketing Position Human Resources Suppliers Mergers/Acquisitions Financial Product Dev. Business Dev. Public Relations Marketing Information Information Aggregation Strategy Business Action Competitive Intelligence Content Generatio n
  • 23. 4. Develop Buyer Personas. Don’t just try to understand who your customer is…. Understand how they buy. Otherwise you cant tailor your sales methodology to their buyer methodology.
  • 24. 4. Develop a road map.  With ROI models, Change Management Plan, Sequencing of improvement initiatives  Requires a Sales Force Effectiveness team to carry out
  • 25. Develop Roadmap Momentum Success Build SOP Design Systems, processes and communic ation are Standard Operating Procedure Strategies successful ly executed and creating measurab le results Implem ent and execut e defined strategi es Develop the systems, processes and communic ations that drive results Research and define the marketpla ce, strategies and measures of success Clear roadmap in developing sales strategy to achieve corporate goals
  • 26. Best Practices in Sales Strategy • Ensure active and visible CEO/Business Unit Leader participation • Agree on financial & operational term definitions • Plan and execute robust communications • Garner continuous cross-company engagement • Deploy/contract talented resources to carry out build & improvement efforts • Don’t forget to link to Corporate Strategy • Continually refresh strategy as needed