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MARKET ANALYSIS TECHNIQUES
                    AND
          BUSINESS DEVELOPMENT

                      PRESENTED
                          ON
                    ANIMAL FEED INDUSTRY
   04-Nov-2011
T & C Samdach Pan   By Mr. Ratha Chan, SME Researcher & Consultant
    Phnom Penh
The Overall Business Environment



            Suppliers             Customers

                      internal factors
                     ex. product, Staff       Suppliers
                   capital and financial..



           Competitors
Tools for Conducting Market Analysis

PEST Analysis:
1- Political : What are the areas of government policy
  really focus on ? Find out the implication with your
  business’s activities. ( Opportunity and Threat )
2- Economic: World , Regional and Local Economy
  How’s the economy perform , more importantly
  local economy and sector analysis where some
  sectors can be performed well while economy is in
  the recession ! Agriculture
Tools for Conducting Market Analysis

PEST Analysis:
3- Social : Identifying social issues and trends which
  are posing an opportunity and threat for your
  business. Organic Products
4- Technology: Grabbing an innovation and new
  technology for improving your business’s operation,
  reducing cost , improving quality and services and
  gaining a competitive advantages.
What’s Business Development (BD) do ?
BD should perform some works as below:
1. Researching new types of business,
Products and services
2. Attracting new customer                     Noted:
3. Penetrating existing markets             Understating
                                           about your own
4. Negotiation ( up to the close sale)      product is the
5. Analyzing overall market situation        most critical
                                               Thing.
6. Marketing planning and implementation
7. Developing a sale pipeline
and strategy
Developing a sale pipeline and strategy

Prospecting/Initial contact
Pre-approach- planning the sale
Approach
Need assessment
Presentation
Meeting objections
Gaining commitment
Follow-up
BD and Sale Techniques
Business Intelligence (BI) gathering on customers and competitors
Generating leads for potential sale
Advising on, drafting and enforcing sales policies and processes
Follow-up sales activity
Formal proposal and presentation management and writing
Business model design
Strategic analysis on BD and sale
Account planning and performance monitoring system
Developing marketing tools which fit to business’s nature
Flexible on term and condition (negotiation technique)
Business Development Responsibilities
Who are responsible for Business Development ?
         Everyone in the Business !!!

                         Why ?
Because without a contribution from all department
and level to Business Development and Sale


          Less Revenue, Low Customer Satisfaction
                       and
             High Cost of Doing Business !
What are BD and sale want to achieve ?

BD and Sale Goals:



        Quality          Maximize
       Services          Turnover
THANK YOU FOR YOUR ATTENTION

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market analysis & business development

  • 1. MARKET ANALYSIS TECHNIQUES AND BUSINESS DEVELOPMENT PRESENTED ON ANIMAL FEED INDUSTRY 04-Nov-2011 T & C Samdach Pan By Mr. Ratha Chan, SME Researcher & Consultant Phnom Penh
  • 2. The Overall Business Environment Suppliers Customers internal factors ex. product, Staff Suppliers capital and financial.. Competitors
  • 3. Tools for Conducting Market Analysis PEST Analysis: 1- Political : What are the areas of government policy really focus on ? Find out the implication with your business’s activities. ( Opportunity and Threat ) 2- Economic: World , Regional and Local Economy How’s the economy perform , more importantly local economy and sector analysis where some sectors can be performed well while economy is in the recession ! Agriculture
  • 4. Tools for Conducting Market Analysis PEST Analysis: 3- Social : Identifying social issues and trends which are posing an opportunity and threat for your business. Organic Products 4- Technology: Grabbing an innovation and new technology for improving your business’s operation, reducing cost , improving quality and services and gaining a competitive advantages.
  • 5. What’s Business Development (BD) do ? BD should perform some works as below: 1. Researching new types of business, Products and services 2. Attracting new customer Noted: 3. Penetrating existing markets Understating about your own 4. Negotiation ( up to the close sale) product is the 5. Analyzing overall market situation most critical Thing. 6. Marketing planning and implementation 7. Developing a sale pipeline and strategy
  • 6. Developing a sale pipeline and strategy Prospecting/Initial contact Pre-approach- planning the sale Approach Need assessment Presentation Meeting objections Gaining commitment Follow-up
  • 7. BD and Sale Techniques Business Intelligence (BI) gathering on customers and competitors Generating leads for potential sale Advising on, drafting and enforcing sales policies and processes Follow-up sales activity Formal proposal and presentation management and writing Business model design Strategic analysis on BD and sale Account planning and performance monitoring system Developing marketing tools which fit to business’s nature Flexible on term and condition (negotiation technique)
  • 8. Business Development Responsibilities Who are responsible for Business Development ? Everyone in the Business !!! Why ? Because without a contribution from all department and level to Business Development and Sale Less Revenue, Low Customer Satisfaction and High Cost of Doing Business !
  • 9. What are BD and sale want to achieve ? BD and Sale Goals: Quality Maximize Services Turnover
  • 10. THANK YOU FOR YOUR ATTENTION