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SM TECHNOLOGY LTD
Developing Sales and Distribution Strategies




               NewGate India
SM TECHNOLOGY LTD.
Company Background
     • Established in 1999.
     • Service launched in INDIA in 2001
     • Provides one of the inventory to the marketplace
       focused on semiconductor manufacturing.
     • Has operations in 20 countries across 5 continents
     • Across 10 major cities in INDIA
     • Mr. SATISH MEHTA is the CEO of Indian
       operations
     • Company registered office in Mumbai
Company Philosophy
                 company philosophy is to provide the best
           .
                equipment available in the marketplace at a
               competitive price and our mission is to focus on
                            customer satisfaction.

                       Website: http://smteco.com/

7/8/2010                         . Group-5
                                                                  2
SM TECHNOLOGY LTD

                   Target      • Corporate
                 Customers     • Domestic users
S           T
                               • Broadband
                Segmentation
      P                        • Internet

                               • Fantastic surfing
                 Positioning
                               • Downloading speed


 7/8/2010          Group-5
                                                     3
SM TECHNOLOGY LTD
    4P’s of MARKETING

    PRODUCT




      PLACE




   PROMOTION




      PRICE


7/8/2010            Group-5   4
SM TECHNOLOGY LTD.
     4P’s of MARKETING

     PRODUCT
                                    • Fiber optic telecom
                                      network
                         Product    • Broad band internet
                                      service

       PLACE                        •   Data connectivity
                                    •   Voice Connectivity
                         Services   •   International Bandwidth
                                    •   Managed Services

    PROMOTION                       •   Fantastic Surfing
                                    •   Downloading speed
                         Features   •   Live Audio & Video
                                    •   Chat & Gaming

       PRICE


7/8/2010           Group-5                                   5
SM TECHNOLOGY LTD.
     4P’s of MARKETING
                •   Mumbai
                •   Pune
                •   Surat                         • Delhi
     PRODUCT
                •   Ahmedabad
                •   Baroda
                                  WEST    NORTH

       PLACE
                                  SOUTH   EAST


                    • Bangalore                   •Vishakhapatnam
    PROMOTION
                    • Chennai
                    • Hyderabad


       PRICE


7/8/2010                   Group-5                                  6
SM TECHNOLOGY LTD
     4P’s of MARKETING
                                 National &
                                International
     PRODUCT                     Trade show
                 Telecom
                 Journals                         Exhibitions


       PLACE

                Internet
                                                     Exhibitions
    PROMOTION


                 Sponsors for
                   cricket                      Third party
       PRICE                                    References
                   Matches

7/8/2010                   Group-5                                 7
SM TECHNOLOGY LTD
     4P’s of MARKETING

     PRODUCT
                             PRICE
                   ___________________________
       PLACE
                    Company’s internet telephony
                    service was a great cost saver
                     for users to wanted to make
                   international call to their near
    PROMOTION
                             & dear ones.



       PRICE


7/8/2010           Group-5                            8
COMPETITORS

COMPETITORS




    SALES
  STRATEGY



     SALES
  STRUCTURE



DISTRIBUTION
  CHANNEL


7/8/2010       Group-5   9
SALES STARTEGY
                              SALES FORCE

COMPETITORS     Corporate Sales     Domestic Sales
                    force              force
                    (B2B)              (B2C)
     SALES
   STRATEGY           Sales
                    engineers           Contract
                     ( Direct            Based
                    employees)
     SALES
  STRUCTURE        Fixed salary
                         +              Straight
                   Commission         Commission
DISTRIBUTION         (Based on          Method
  CHANNEL          Performance)

7/8/2010       Group-5                               10
SALES STARTEGY
               Salespeople were given sales quota ( target)

COMPETITORS    Further divided to weekly & daily sales target


               Salespeople had to submit daily report

     SALES
   STRATEGY    No chance of any manipulation


               Over promising of customers not allowed
     SALES
  STRUCTURE    Daily sales report:
               1. Client Visit
               2. Competitors’’ price
DISTRIBUTION   3. Strength &Weakness
  CHANNEL

7/8/2010            Group-5                                     11
REQUIRED SKILLS & TRAINING
                       Technical knowledge


COMPETITORS            Communication skill


                        Negotiation Skill

   SALES                  Selling Skills
 STRATEGY




    SALES
 STRUCTURE



DISTRIBUTION
  CHANNEL

     7/8/2010                                12
ORGANIZATIONAL SALES STRUCTURE
                 LINE SALES ORGANIZATION

COMPETITORS
                                   BRANCH HEAD



     SALES           Sales                       Sales
   STRATEGY    Manager-Corporate            Manager-Retail


                 Assistant Sales            Assistant Sales
    SALES
 STRUCTURE     Manager-Corporate            Manager-Retail


                 Salespersons-               Salespersons-
DISTRIBUTION       Corporate                Domestic/home
  CHANNEL

7/8/2010                Group-5                               13
Distribution Channel
                              • Ensuring long term business
               Sales force      relationship
                              • Ensuring customer satisfaction
COMPETITORS


                               • Online selling
    SALES       Website        • Order from home
  STRATEGY


                   Tele-        • Proposal, sales presentation
    SALES                       • Negotiation & closing the sale
 STRUCTURE      marketing

                Engineers/      • Installation
DISTRIBUTION                    • After Sales Service
  CHANNEL       Technicians
7/8/2010           Group-5                                         14
SM TECHNOLOGY LTD
Developing Sales and Distribution Strategies




        NEW STRATIGIES / TACTICS
          TO ACHIEVE TARGET
   15



          TARGET : 40% growth in sales
New strategies & Practices
  •   Mumbai
  •   Pune
  •   Surat                         • Delhi           Expand their
  •   Ahmedabad                                       broadband services
  •   Baroda                                          in non targeted
                    WEST    NORTH
                                                      Eastern &
                                                      Northern Region.

                    SOUTH   EAST                      Industrial Hubs
                                                      like
      • Bangalore                                     Kolkata,Noida,
                                    •Vishakhapatnam
      • Chennai                                       Gurgaon,
      • Hyderabad                                     Bhubhaneswar,
                                                      can be targeted.

                               Group-5
7/8/2010                                                                 16
New Promotional Stratigy
                        Co-branding

            Catalogue                 Free trial
            Marketing                   offers



           Discounts
           at Retail                     Television
                                       Advertisement
            Outlet


7/8/2010
                        Group-5                    17
Distribution Channel

                     • Selling done by Retail outlets
           Retail    • Available in major electronics
                       stores
           outlets


                      • Advertisment of products
         TV           • Order through toll free
      SHOPPING          numbers bottom the screen




7/8/2010                Group-5                         18
ORGANIZATIONAL SALES STRUCTURE
                                 LINE SALES ORGANIZATION


           SALES TRAINING
             MANAGER                   BRANCH HEAD



Merketing Research          Sales                        Sales         Promotional
     Manager           Manager-Corporate             Manager-Retail     Manager


                        Assistant Sales              Assistant Sales
                       Manager-Corporate             Manager-Retail


                            Salespersons-            Salespersons-
                              Corporate              Domestic/home




7/8/2010                                Group-5                                      19
REQUIRED SKILLS & TRAINING
                                Leadership Skills

                             Problem-solving skills

                            Supervising salesperson

                            Ability to read customer’s
                                        mind



            Separate           On Job                    Feedback &
            training           Training                  Assesment
            __________                                   Salesperson
                               __________
            For corporate      Salesperson
                                                         performance
            & domestic                                   should be
                               should be given           assesed
            salesperson        on field training         frequently from
                               to have a better          the customers
                               understanding
 7/8/2010                                                                  20
7/8/2010   Group-5   21

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Case study on SM Tech-ppt

  • 1. SM TECHNOLOGY LTD Developing Sales and Distribution Strategies NewGate India
  • 2. SM TECHNOLOGY LTD. Company Background • Established in 1999. • Service launched in INDIA in 2001 • Provides one of the inventory to the marketplace focused on semiconductor manufacturing. • Has operations in 20 countries across 5 continents • Across 10 major cities in INDIA • Mr. SATISH MEHTA is the CEO of Indian operations • Company registered office in Mumbai Company Philosophy company philosophy is to provide the best . equipment available in the marketplace at a competitive price and our mission is to focus on customer satisfaction. Website: http://smteco.com/ 7/8/2010 . Group-5 2
  • 3. SM TECHNOLOGY LTD Target • Corporate Customers • Domestic users S T • Broadband Segmentation P • Internet • Fantastic surfing Positioning • Downloading speed 7/8/2010 Group-5 3
  • 4. SM TECHNOLOGY LTD 4P’s of MARKETING PRODUCT PLACE PROMOTION PRICE 7/8/2010 Group-5 4
  • 5. SM TECHNOLOGY LTD. 4P’s of MARKETING PRODUCT • Fiber optic telecom network Product • Broad band internet service PLACE • Data connectivity • Voice Connectivity Services • International Bandwidth • Managed Services PROMOTION • Fantastic Surfing • Downloading speed Features • Live Audio & Video • Chat & Gaming PRICE 7/8/2010 Group-5 5
  • 6. SM TECHNOLOGY LTD. 4P’s of MARKETING • Mumbai • Pune • Surat • Delhi PRODUCT • Ahmedabad • Baroda WEST NORTH PLACE SOUTH EAST • Bangalore •Vishakhapatnam PROMOTION • Chennai • Hyderabad PRICE 7/8/2010 Group-5 6
  • 7. SM TECHNOLOGY LTD 4P’s of MARKETING National & International PRODUCT Trade show Telecom Journals Exhibitions PLACE Internet Exhibitions PROMOTION Sponsors for cricket Third party PRICE References Matches 7/8/2010 Group-5 7
  • 8. SM TECHNOLOGY LTD 4P’s of MARKETING PRODUCT PRICE ___________________________ PLACE Company’s internet telephony service was a great cost saver for users to wanted to make international call to their near PROMOTION & dear ones. PRICE 7/8/2010 Group-5 8
  • 9. COMPETITORS COMPETITORS SALES STRATEGY SALES STRUCTURE DISTRIBUTION CHANNEL 7/8/2010 Group-5 9
  • 10. SALES STARTEGY SALES FORCE COMPETITORS Corporate Sales Domestic Sales force force (B2B) (B2C) SALES STRATEGY Sales engineers Contract ( Direct Based employees) SALES STRUCTURE Fixed salary + Straight Commission Commission DISTRIBUTION (Based on Method CHANNEL Performance) 7/8/2010 Group-5 10
  • 11. SALES STARTEGY Salespeople were given sales quota ( target) COMPETITORS Further divided to weekly & daily sales target Salespeople had to submit daily report SALES STRATEGY No chance of any manipulation Over promising of customers not allowed SALES STRUCTURE Daily sales report: 1. Client Visit 2. Competitors’’ price DISTRIBUTION 3. Strength &Weakness CHANNEL 7/8/2010 Group-5 11
  • 12. REQUIRED SKILLS & TRAINING Technical knowledge COMPETITORS Communication skill Negotiation Skill SALES Selling Skills STRATEGY SALES STRUCTURE DISTRIBUTION CHANNEL 7/8/2010 12
  • 13. ORGANIZATIONAL SALES STRUCTURE LINE SALES ORGANIZATION COMPETITORS BRANCH HEAD SALES Sales Sales STRATEGY Manager-Corporate Manager-Retail Assistant Sales Assistant Sales SALES STRUCTURE Manager-Corporate Manager-Retail Salespersons- Salespersons- DISTRIBUTION Corporate Domestic/home CHANNEL 7/8/2010 Group-5 13
  • 14. Distribution Channel • Ensuring long term business Sales force relationship • Ensuring customer satisfaction COMPETITORS • Online selling SALES Website • Order from home STRATEGY Tele- • Proposal, sales presentation SALES • Negotiation & closing the sale STRUCTURE marketing Engineers/ • Installation DISTRIBUTION • After Sales Service CHANNEL Technicians 7/8/2010 Group-5 14
  • 15. SM TECHNOLOGY LTD Developing Sales and Distribution Strategies NEW STRATIGIES / TACTICS TO ACHIEVE TARGET 15 TARGET : 40% growth in sales
  • 16. New strategies & Practices • Mumbai • Pune • Surat • Delhi Expand their • Ahmedabad broadband services • Baroda in non targeted WEST NORTH Eastern & Northern Region. SOUTH EAST Industrial Hubs like • Bangalore Kolkata,Noida, •Vishakhapatnam • Chennai Gurgaon, • Hyderabad Bhubhaneswar, can be targeted. Group-5 7/8/2010 16
  • 17. New Promotional Stratigy Co-branding Catalogue Free trial Marketing offers Discounts at Retail Television Advertisement Outlet 7/8/2010 Group-5 17
  • 18. Distribution Channel • Selling done by Retail outlets Retail • Available in major electronics stores outlets • Advertisment of products TV • Order through toll free SHOPPING numbers bottom the screen 7/8/2010 Group-5 18
  • 19. ORGANIZATIONAL SALES STRUCTURE LINE SALES ORGANIZATION SALES TRAINING MANAGER BRANCH HEAD Merketing Research Sales Sales Promotional Manager Manager-Corporate Manager-Retail Manager Assistant Sales Assistant Sales Manager-Corporate Manager-Retail Salespersons- Salespersons- Corporate Domestic/home 7/8/2010 Group-5 19
  • 20. REQUIRED SKILLS & TRAINING Leadership Skills Problem-solving skills Supervising salesperson Ability to read customer’s mind Separate On Job Feedback & training Training Assesment __________ Salesperson __________ For corporate Salesperson performance & domestic should be should be given assesed salesperson on field training frequently from to have a better the customers understanding 7/8/2010 20
  • 21. 7/8/2010 Group-5 21