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3 Sales growth secrets
Management ideas from BLUE HAWK Financial Performance –Week 4
www.gfbridge.com
Contact Andre Gien agien@gfbridge.com
I love my customers
I have lots of different customer personalities
but I am real busy so I treat them all the same
If they call me I will pick up the phone
If they want to place an order … no problem
Well that’s about it
By for now I got to go to a meeting
MR Time waster Sir Promiscuous Mr. Bid Guy MRS CheapMy Cousin VinniMiss New Shiny Thing
I have multiple customer personalities
MR Time waster
Wow he can talk, the problem
is he is always taking about the
next big order ….I am still
waiting
Sir Promiscuous
Need I say more, one day he
buys from me and the next he
buys from my competitor.
MRS Cheap
Wow I am exhausted Miss
Cheap can beat you up real
good but she buys a lot
and sometimes frequently
My Cousin Vinni
He makes my day, he trusts that I will give
him a fair price and I will look after him.
Vinni buys a large portion of my product
range and he buys frequently. (I think!)
Mr. Bid Guy
The only thing I know about
him is I am one of 3 bids I will
never know why I win and
why I loose …..help me
Miss New Shiny-thing
A new customer, really did a lot of
work to get Miss New I better do all I
can to make her happy ….while I am
helping Miss New, Vinni don’t forget
about me!
Then one day I noticed
My margins are going down
My sales well …..they are not really growing
What am I to do!
I felt like the horse that went into the bar…
And the bar tender said
“what’s up with the long face”
So I thought about it for a while
 I don’t really know where I
am making money
 Where am I growing
 What are my opportunities
Where am I making money
I think I have it
It’s with Miss New Shiny-thing
(group of new customers that I have
developed)
I know I got all this new business …
it must be paying off handsomely
New business Miss New Shiny-thing $117,000
I started quite well with these new customers selling $31K in Nov $86k in
Dec and nearly nothing in Jan
I better look to see who are the new
customers and why they just stopped buying
Not one of my top new
customers bought
anything from me in
Jan
ALL THAT WORK
List of new customers by sales $
Well at least I must have got good margins
18.09% not bad!
but I also see I lost a
bunch of customers at
17.38%
Customers by margin %
Taking about lost customers ….you cant
be serious
I lost $2M of
customers in the
last 3 months
And my new
customer
development
was $117k
Ok this is not
working for me
Segmenting customers by new customers, lost
customers, which customers are growing, which
customers are declining
Not the best way to find out about these things but there is no
way that I could have foreseen this coming.
Possibly I need to write this off as sometimes you win and
sometimes you lose
Not so fast you could have
managed the risk with
Identifying the trends sooner
Spending more time and effort
with existing customers that
are declining
Lessons learnt
 Most recent trends can tell you a lot about future
customer behavior
 Monitor your key customer product mix. Is it changing
 Watch your new customers, they may place those initial
orders but then go back to their old ways
 Focus on customer retention
 Who are the growth customers and why
 Which ones are declining
 Are you OK with the ones you lose if not get them back
Week 5 we will continue our
focus on customer portfolio
management…emphasis on
market segmentation
I just cant wait
Good sales intelligence will
 Increase sales by up to 5 %
 Improve margins by 2%
 Improve operational cash
flow 10% - 30%
If you only
have a
hammer you
will see every
problem as a
nail
Want to improve sales and margins
But
 You don’t want to learn new software
 You know you wont have the time to use the new tool
properly and neither will anyone else
 The cloud is something you worry about when you want t
know if its raining or not.
You want the facts and you want them in
ways that you can make a difference
Why not outsource your sales intelligence
We will:
 Install the required applications
 Review your data
 Determine
 Where you can grow
 Where opportunities exist to sell
more product to existing customers
(increase wallet share)
 Where you can improve your
margins
 Where you are at risk
 Provide you with a monthly portfolio
review
 Deliver an action plan to get it done
 Once off set up fee $700.00
 $800.00 per month*
 Can cancel when ever you wish
Cost
*Up to 10,000 active products, larger data structures may be more
Results
 1-2% margin improvement within 6
months
 5% organic additional revenue growth
 2x sales people productivity
 10% operational cash flow
improvement with 12 months
Start the
discussion
agien@gfbridge.com 925 323 2802
Rapid improvement
of profit, cash and
returns with enduring
cultural impact
Individual
customer growth
Product and customer portfolio
optimization | Analysis | Design
| Implementation
Financial Statement excellence
Performance consulting
GFB Service Portfolio
Passion for Intuition powered by Evidence
Contact
Andre Gien
agien@gfbridge.com
925 323 2802
Andre is our Evidence Wizard. He combines the Passion of intuition
with the Power of Evidence to weave amazing stories that reveal the
secrets and treasures that are locked within your business.
He has deployed the evidence based management discipline in over
150 different companies releasing more than $500 million in value
and more importantly, demystifying the complexity for thousands of
people.
Andre's favorite quote:
"If you change the way you look at things, the
things you look at change"

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Customer portfolio growth ...starring Miss New Shiny-thing

  • 1. 3 Sales growth secrets Management ideas from BLUE HAWK Financial Performance –Week 4 www.gfbridge.com Contact Andre Gien agien@gfbridge.com
  • 2. I love my customers
  • 3. I have lots of different customer personalities but I am real busy so I treat them all the same If they call me I will pick up the phone If they want to place an order … no problem Well that’s about it By for now I got to go to a meeting MR Time waster Sir Promiscuous Mr. Bid Guy MRS CheapMy Cousin VinniMiss New Shiny Thing
  • 4. I have multiple customer personalities MR Time waster Wow he can talk, the problem is he is always taking about the next big order ….I am still waiting Sir Promiscuous Need I say more, one day he buys from me and the next he buys from my competitor. MRS Cheap Wow I am exhausted Miss Cheap can beat you up real good but she buys a lot and sometimes frequently My Cousin Vinni He makes my day, he trusts that I will give him a fair price and I will look after him. Vinni buys a large portion of my product range and he buys frequently. (I think!) Mr. Bid Guy The only thing I know about him is I am one of 3 bids I will never know why I win and why I loose …..help me Miss New Shiny-thing A new customer, really did a lot of work to get Miss New I better do all I can to make her happy ….while I am helping Miss New, Vinni don’t forget about me!
  • 5. Then one day I noticed My margins are going down My sales well …..they are not really growing What am I to do! I felt like the horse that went into the bar… And the bar tender said “what’s up with the long face”
  • 6. So I thought about it for a while  I don’t really know where I am making money  Where am I growing  What are my opportunities
  • 7. Where am I making money I think I have it It’s with Miss New Shiny-thing (group of new customers that I have developed) I know I got all this new business … it must be paying off handsomely
  • 8. New business Miss New Shiny-thing $117,000 I started quite well with these new customers selling $31K in Nov $86k in Dec and nearly nothing in Jan
  • 9. I better look to see who are the new customers and why they just stopped buying Not one of my top new customers bought anything from me in Jan ALL THAT WORK List of new customers by sales $
  • 10. Well at least I must have got good margins 18.09% not bad! but I also see I lost a bunch of customers at 17.38% Customers by margin %
  • 11. Taking about lost customers ….you cant be serious I lost $2M of customers in the last 3 months And my new customer development was $117k Ok this is not working for me Segmenting customers by new customers, lost customers, which customers are growing, which customers are declining
  • 12. Not the best way to find out about these things but there is no way that I could have foreseen this coming. Possibly I need to write this off as sometimes you win and sometimes you lose Not so fast you could have managed the risk with Identifying the trends sooner Spending more time and effort with existing customers that are declining
  • 13. Lessons learnt  Most recent trends can tell you a lot about future customer behavior  Monitor your key customer product mix. Is it changing  Watch your new customers, they may place those initial orders but then go back to their old ways  Focus on customer retention  Who are the growth customers and why  Which ones are declining  Are you OK with the ones you lose if not get them back
  • 14. Week 5 we will continue our focus on customer portfolio management…emphasis on market segmentation I just cant wait
  • 15. Good sales intelligence will  Increase sales by up to 5 %  Improve margins by 2%  Improve operational cash flow 10% - 30% If you only have a hammer you will see every problem as a nail
  • 16. Want to improve sales and margins But  You don’t want to learn new software  You know you wont have the time to use the new tool properly and neither will anyone else  The cloud is something you worry about when you want t know if its raining or not. You want the facts and you want them in ways that you can make a difference
  • 17. Why not outsource your sales intelligence We will:  Install the required applications  Review your data  Determine  Where you can grow  Where opportunities exist to sell more product to existing customers (increase wallet share)  Where you can improve your margins  Where you are at risk  Provide you with a monthly portfolio review  Deliver an action plan to get it done  Once off set up fee $700.00  $800.00 per month*  Can cancel when ever you wish Cost *Up to 10,000 active products, larger data structures may be more Results  1-2% margin improvement within 6 months  5% organic additional revenue growth  2x sales people productivity  10% operational cash flow improvement with 12 months Start the discussion agien@gfbridge.com 925 323 2802
  • 18. Rapid improvement of profit, cash and returns with enduring cultural impact Individual customer growth Product and customer portfolio optimization | Analysis | Design | Implementation Financial Statement excellence Performance consulting GFB Service Portfolio Passion for Intuition powered by Evidence
  • 19. Contact Andre Gien agien@gfbridge.com 925 323 2802 Andre is our Evidence Wizard. He combines the Passion of intuition with the Power of Evidence to weave amazing stories that reveal the secrets and treasures that are locked within your business. He has deployed the evidence based management discipline in over 150 different companies releasing more than $500 million in value and more importantly, demystifying the complexity for thousands of people. Andre's favorite quote: "If you change the way you look at things, the things you look at change"