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Sales Process Training
Pilot Program, October 2009
Welcome
 Introduction and Background
 Sales Steps Process Overview
 Lunch
 Oracle CRM On Demand (SOD) Demo / Q&A
 Expectations
 Wrap-up
2
First, some background …
 Goal of new sales standardization group
 Determine how we can help you be
more productive
 Conducted sales force surveys
 Input from regions is driving:
 Sales process improvements
 Better alignment between
marketing tools and sales activities
 Better alignment of sales activities
with the sales funnel
 This is the pilot session
 Program to be rolled out
throughout 2010
3
“One” Kodak
 Many perspectives and processes in our organization
 Need a common language and common tools
to be productive and effective
 You and Kodak both benefit
4
Challenges with Current Process
 Too much time spent with prospects that don’t buy
 When competitors arrive first, probability of success shrinks
 Prospects stall while reps search for tools, support
 Credit problems end some successful sales
5
Can become
a labyrinth of
dead ends
Benefits to You of Standardized Process
 Helps you cross-sell solutions
that are outside your area of
expertise
 Enables you to
break out of dead ends
6
 Better collaboration
with manager
 Expanded use
of SOD
 Truly align with what you do
 Make it easier to use SOD
Standard process
I N C R E A S E D
S A L E S
Coaching
New tools
Benefits to You of Standardized Process
7
I N C R E A S E D
S A L E S
 Common language
 Clearer rules for moving forward
 Tools, support that are aligned
with steps of sale
 More sales time
 Increased time with
best prospects
 Greater sales
Benefits to Kodak
 More effective selling
 Greater sales productivity
 Improved communication, clearer expectations
 Improved forecasting, cash flow
8
I N C R E A S E D
R E V E N U E
Sales Steps Process Overview
9
Standardized Steps of Sale
Suspect
Qualify
Closing
Close Win/Loss
Needs Analysis
Solutions Development & ROI
Demonstrate / Benchmark
Proposal / Negotiation
At Each Step
Earn the right
to advance
Qualify and gain
agreement to move
forward
Close for the
next step
Definitions – No Changes in Current Colors
11
Suspect
Qualify
Closing
Close Win/Loss
Needs Analysis
Solutions Development & ROI
Demonstrate / Benchmark
Proposal / Negotiation
30/30
60/60
90/90
9/19/2015
Sales Funnel Process
B2B Customer
Purchasing Process
30, 60 or 90% Sales Reps’ Judgment
Insights:
Example: 90/30 = Customer has decided to purchase but is likely to buy from a competitor.
Customer may be using Kodak as a way to negotiate better pricing from our competitor.
Example: 90/60 = Customer has decided to purchase a solution but there is likely strong competition
and the sale could go either way. Likely will come down to price.
Example: 90/90 = Customer is ready to buy from Kodak
Example: 30/90 = Customer is in the early stages of a purchasing decision.
Likely a long time loyal Kodak customer who will purchase from Kodak when they are ready.
Probability to Purchase
Kodak Step of Sale
Combined with
PtP Kodak
Awareness Evaluation Negotiation Purchase
30% 60% 90% 100% / 0%
Suspect
Qualify
Needs Analysis
Solution Dev
Proposal/Demo
Negotiate
Close
Closed Won
/ Lost
Key Funnel Metrics
 Forecast Accuracy:
 Actual / Forecast Bookings
 Funnel Value:
 Value by opportunities
by opportunity type (Par Bar)
 Arrival Rate:
 # of new deals entering funnel /
Total Deals Won & Lost
 Conversion Rate:
 Deals Won / Total Deals
Won & Lost
 Funnel Velocity:
 Total # of days in funnel
 Avg # of days spent in steps of sale
 Funnel Potential Attainment
 (YTD Actual + Funnel Value) / Annual Goal
13
Reporting Dimensions:
For metrics to drive behavior, they must be
bottom up:
• Sales Rep
• Sales Manager (District, Country, Segment)
• SPG
• Region
• Global
Current State of Metrics
Metric US&C LAR EAMER APR
Forecast Accuracy
Funnel Value
Arrival Rate
Conversion Rate
Velocity
Funnel Potential Attainment
How Suspects Enter the Funnel
14
MARKETING
• Trade show
• Demand gen
• Road show
• Integrated
campaign
• PURLs
• Direct mail
YOU
•Cold call
•Existing relationship
OTHER
• Reseller
• Inquiry to www.kodak.com
• Other Kodak reps
Suspect
15
1
The world of customers, defined by the Kodak SPG
 Lead identified
 Determine / verify
customer segment
 Convert lead
2
• Valid lead
• Bogus lead
• No business need
• No match to Kodak’s
applications profile
Recommended activities:
Qualify
16
The beginning of a meaningful conversation.
Find the right people who match the customer profile.
2
 Determine customer’s
credit worthiness
 State business problem
 Determine decision makers
and influencers
 Initial deal valuation
 Document installation timeline
 Start Letter of Understanding
(LoU)
 Build account plan
 Determine if customer has
budget for project
 Determine if customer has
done this before
Recommended activities:
3
• Credit-worthiness established
• Project timeline is well within
funnel timeline
• Good alignment with Kodak’s
applications, solutions
• Compelling event / business
need that makes customer likely
to buy
• Not credit worthy
• Project length exceeds
funnel timeline
• Indirect channel can better
meet customer need, ie due
to project length
Needs Analysis
Opportunity qualified. Determine explicit needs and position
in the direction that favors Kodak.
3
 Document specific applications
requested
 Interview critical stakeholders
 Understand customer decision
process
 Refine the Letter of
Understanding
 Document workflow analysis
 Re-affirm installation timeline
 Build account plan
 Determine if customer has
budget for project
17
Recommended activities:
4
• Kodak is well-positioned to meet
all customer needs
• Customer has budget to meet
their needs
• All players identified, on both sides
• Customer agrees to move forward
• Kodak can’t meet customer’s
application needs
• Customer does not have
budget to meet their needs
! Discuss budget or solutions
alternatives with your manager
Solutions Development & ROI
18
Craft value proposition. Verify with customer.
4
 Develop value proposition
 Promote Kodak differentiators
 Develop quote (list price)
 Calculate ROI and TCO
 Confirm solution with customer
 Review terms and conditions
 Schedule demo
5
• Positive ROI
• Customer finds value in
Kodak’s value proposition
• ROI analysis is negative
• Customer does not find value
in Kodak’s value proposition
! Discuss path forward
with your manager
Recommended activities:
Demonstrate / Benchmark
19
Demonstrate proof of concept. Complete reference contacts.
5
 Demonstration and/or
benchmark
 Schedule VIP demo
 Schedule reference visit at
customer site
 Develop next LoU;
confirmation of proof of
concept
Recommended activities:
6
• Customer requirements
met
• Did not meet customer
requirements
• Competition’s solution
perceived to have greater value
! Discuss next steps
with your manager
Proposal / Negotiation
20
Identify critical success factors. Gain agreement for
committed resources.
6
 Proposal review
 Confirm customer budget
 Re-affirm credit approval
 Confirm finance options
 Document terms and
conditions
 Seek technical support
specialist approval
 Confirm gross order intake
Recommended activities:
7
• Customer is approved for credit
• Pricing looks good to both parties
• Kodak and customer agree
• Customer can’t be credit-
approved
• Customer is looking for
below-floor pricing
• Kodak and customer can’t agree
7Closing
21
Confirmation from the decision maker. Contract signed.
 Gain customer agreement of
Kodak as vendor
 Schedule project kickoff
meeting
 Terms and conditions
complete
 Contracts signed
 Confirm finances are in place
8
• Customer chooses Kodak
• Kodak is well-positioned to meet
all customer needs
• Customer has budget to meet
their needs
• Timeframe has changed
• Customer prefers competitive
proposal
• Something changed in
customer’s business
Recommended activities:
Close Win/Loss
22
Order completed.
8
 All documentation received
and order booked
OR
 Order lost
• Deal closed and order booked
• Customer abandoned the deal
• Customer chose competitive
solution
23
Tracking Our Success
Changing for the Better
24
 New process job aids
 SOD improvements
 New support tools
New Job Aids In Development
25
 Proposal template
 Standard Letter of Understanding
 Brief and action-oriented
 Statement of reasons why customer is making a change
 Summary of past and planned actions
 Your recommendation
 Timeframe for next contact
 Updated throughout sales steps
SOD Improvements – Opportunities Area
26
SOD Improvements – Process Coaching
27
SOD Improvements – Opportunities Area
28
SOD Improvements – Sales Stage Metrics Reports
29
SOD Demonstration
30
More to Come …
 We are evaluating:
 Sales methodology training
 In the works:
 Back office support
 Sales Information Portal improvements
 Alignment of marketing tools to
steps of sale
31
What is Sales Methodology?
 Account Management
 Managing relationships
 Enabling the sale of multiple Kodak products
 Conceptual and Strategic Selling
 Holistic customer perspective, value selling and solution development
 Coaching
 Sales management coaching throughout the sales step process
 SOD Tools
 Simpler interfaces and flexible reports that drive actions
32
Common methodology and customer approach
drive higher effectivity, greater margins and
improved forecasting
Back Office Support
 Provided by Infosys
 Objectives
 Provide account profiles for new customers, update existing profiles
 Format and update sales presentations
 Assemble collaterals as requested by sales reps
 Validate the quality of leads using Kodak’s qualification parameters
 Help with SOD, SIP, TPP, etc.
 Free you from office tasks so you can focus on face to face selling time
 Improve consistency of customer communications
33
Back Office Support
34
• Detailed company profiles including
• Key stakeholders, SWOT analysis, product segments etc.
• Credit checks and analysis
• Industry Research, Competitive landscaping
• Presentation/ Pitchbook support (standardized templates,
formatting, first cut presentation content)
• Financial Analysis (ROI, TCO calculation)
• Tools/ Applications support (data entry, updation & maintenance)
• Enriching playbook content
• Bid Management support
• Key Metrics Reporting (Management Dashboards,
Performance Reporting)
• Order booking support
Conduct SSM interviews
Improvements to SIP
 Removal of obsolete contents
 Content aligned by sales process steps
 Custom-designed newsletter
 Objectives
 Minimize time spent searching for tools
 Enable you to move faster through steps of sale
35
Alignment of Marketing Content
36
Categorizing
marketing content
according to steps of
sale, so you know
what to use when
Mapping Sales Tools to Sales Process
37
INTEREST
 PR articles
 Blog entries
 IQ samples
 Kodak corporate overview
 www.kodak.com
 Sales training (LMS)
 Sales process guide
 Suspect engagement script
(current and new)
 Customer application
presentation
Suspect
Qualify
Mapping Sales Tools to Sales Process
38
DEVELOPMENT
 Discovery questions
 Survey / questionnaires
 TCO & ROI calculators
 Solutions development
prompter
 Letter of Understanding, (LoU)
form
 Applications workflow diagram
 Product marketing guide
 Competitive playbook
 Preliminary solutions test
(ROI and soft savings vs.
goals/problems)
Needs Analysis
Sol’ns Dev., ROI
Mapping Sales Tools to Sales Process
39
COMMITMENT
 VIP demo process
 Benchmark sample process
 Demo video / animation
 Customer testimonial (video or
document)
 White paper
 TCO & ROI calculators
 Product awards, (PIRA …etc.)
 Proposal template
 Data sheet & brochure
 Segment / solution brochure
 Article reprints
 Price escalation process
Demo, Benchmark
Proposal, Negotiation
Closing
Close: Win/Loss
Future Marketing Alignment
40
Timeline
41
OCTOBER NOVEMBER DECEMBER
Start
DPS Pilot
Sales tools, job aids and delivery model
Marketing support content alignment
Regional
Kick-off
Q1 ‘10
Back office Support
Phase – 10/30
Marketing Content Alignment
Workshop
42
Recipes for Sales Success
43
Standard Sales Process
• Common language
• Clearer rules
• Improved OOD tools
Improved Support
• Back-Office pilot
• Improved SIP
• Process-aligned
sales tools
• Sales methodology
Sales Success
• More sales time
• Improved effectivity
• Higher commissions
44
Here’s to our success!
Thank you
for your participation
in this pilot program
45

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SalesProcessTraining_EAMERFinal

  • 1. Sales Process Training Pilot Program, October 2009
  • 2. Welcome  Introduction and Background  Sales Steps Process Overview  Lunch  Oracle CRM On Demand (SOD) Demo / Q&A  Expectations  Wrap-up 2
  • 3. First, some background …  Goal of new sales standardization group  Determine how we can help you be more productive  Conducted sales force surveys  Input from regions is driving:  Sales process improvements  Better alignment between marketing tools and sales activities  Better alignment of sales activities with the sales funnel  This is the pilot session  Program to be rolled out throughout 2010 3
  • 4. “One” Kodak  Many perspectives and processes in our organization  Need a common language and common tools to be productive and effective  You and Kodak both benefit 4
  • 5. Challenges with Current Process  Too much time spent with prospects that don’t buy  When competitors arrive first, probability of success shrinks  Prospects stall while reps search for tools, support  Credit problems end some successful sales 5 Can become a labyrinth of dead ends
  • 6. Benefits to You of Standardized Process  Helps you cross-sell solutions that are outside your area of expertise  Enables you to break out of dead ends 6  Better collaboration with manager  Expanded use of SOD  Truly align with what you do  Make it easier to use SOD Standard process I N C R E A S E D S A L E S Coaching New tools
  • 7. Benefits to You of Standardized Process 7 I N C R E A S E D S A L E S  Common language  Clearer rules for moving forward  Tools, support that are aligned with steps of sale  More sales time  Increased time with best prospects  Greater sales
  • 8. Benefits to Kodak  More effective selling  Greater sales productivity  Improved communication, clearer expectations  Improved forecasting, cash flow 8 I N C R E A S E D R E V E N U E
  • 9. Sales Steps Process Overview 9
  • 10. Standardized Steps of Sale Suspect Qualify Closing Close Win/Loss Needs Analysis Solutions Development & ROI Demonstrate / Benchmark Proposal / Negotiation At Each Step Earn the right to advance Qualify and gain agreement to move forward Close for the next step
  • 11. Definitions – No Changes in Current Colors 11 Suspect Qualify Closing Close Win/Loss Needs Analysis Solutions Development & ROI Demonstrate / Benchmark Proposal / Negotiation 30/30 60/60 90/90
  • 12. 9/19/2015 Sales Funnel Process B2B Customer Purchasing Process 30, 60 or 90% Sales Reps’ Judgment Insights: Example: 90/30 = Customer has decided to purchase but is likely to buy from a competitor. Customer may be using Kodak as a way to negotiate better pricing from our competitor. Example: 90/60 = Customer has decided to purchase a solution but there is likely strong competition and the sale could go either way. Likely will come down to price. Example: 90/90 = Customer is ready to buy from Kodak Example: 30/90 = Customer is in the early stages of a purchasing decision. Likely a long time loyal Kodak customer who will purchase from Kodak when they are ready. Probability to Purchase Kodak Step of Sale Combined with PtP Kodak Awareness Evaluation Negotiation Purchase 30% 60% 90% 100% / 0% Suspect Qualify Needs Analysis Solution Dev Proposal/Demo Negotiate Close Closed Won / Lost
  • 13. Key Funnel Metrics  Forecast Accuracy:  Actual / Forecast Bookings  Funnel Value:  Value by opportunities by opportunity type (Par Bar)  Arrival Rate:  # of new deals entering funnel / Total Deals Won & Lost  Conversion Rate:  Deals Won / Total Deals Won & Lost  Funnel Velocity:  Total # of days in funnel  Avg # of days spent in steps of sale  Funnel Potential Attainment  (YTD Actual + Funnel Value) / Annual Goal 13 Reporting Dimensions: For metrics to drive behavior, they must be bottom up: • Sales Rep • Sales Manager (District, Country, Segment) • SPG • Region • Global Current State of Metrics Metric US&C LAR EAMER APR Forecast Accuracy Funnel Value Arrival Rate Conversion Rate Velocity Funnel Potential Attainment
  • 14. How Suspects Enter the Funnel 14 MARKETING • Trade show • Demand gen • Road show • Integrated campaign • PURLs • Direct mail YOU •Cold call •Existing relationship OTHER • Reseller • Inquiry to www.kodak.com • Other Kodak reps
  • 15. Suspect 15 1 The world of customers, defined by the Kodak SPG  Lead identified  Determine / verify customer segment  Convert lead 2 • Valid lead • Bogus lead • No business need • No match to Kodak’s applications profile Recommended activities:
  • 16. Qualify 16 The beginning of a meaningful conversation. Find the right people who match the customer profile. 2  Determine customer’s credit worthiness  State business problem  Determine decision makers and influencers  Initial deal valuation  Document installation timeline  Start Letter of Understanding (LoU)  Build account plan  Determine if customer has budget for project  Determine if customer has done this before Recommended activities: 3 • Credit-worthiness established • Project timeline is well within funnel timeline • Good alignment with Kodak’s applications, solutions • Compelling event / business need that makes customer likely to buy • Not credit worthy • Project length exceeds funnel timeline • Indirect channel can better meet customer need, ie due to project length
  • 17. Needs Analysis Opportunity qualified. Determine explicit needs and position in the direction that favors Kodak. 3  Document specific applications requested  Interview critical stakeholders  Understand customer decision process  Refine the Letter of Understanding  Document workflow analysis  Re-affirm installation timeline  Build account plan  Determine if customer has budget for project 17 Recommended activities: 4 • Kodak is well-positioned to meet all customer needs • Customer has budget to meet their needs • All players identified, on both sides • Customer agrees to move forward • Kodak can’t meet customer’s application needs • Customer does not have budget to meet their needs ! Discuss budget or solutions alternatives with your manager
  • 18. Solutions Development & ROI 18 Craft value proposition. Verify with customer. 4  Develop value proposition  Promote Kodak differentiators  Develop quote (list price)  Calculate ROI and TCO  Confirm solution with customer  Review terms and conditions  Schedule demo 5 • Positive ROI • Customer finds value in Kodak’s value proposition • ROI analysis is negative • Customer does not find value in Kodak’s value proposition ! Discuss path forward with your manager Recommended activities:
  • 19. Demonstrate / Benchmark 19 Demonstrate proof of concept. Complete reference contacts. 5  Demonstration and/or benchmark  Schedule VIP demo  Schedule reference visit at customer site  Develop next LoU; confirmation of proof of concept Recommended activities: 6 • Customer requirements met • Did not meet customer requirements • Competition’s solution perceived to have greater value ! Discuss next steps with your manager
  • 20. Proposal / Negotiation 20 Identify critical success factors. Gain agreement for committed resources. 6  Proposal review  Confirm customer budget  Re-affirm credit approval  Confirm finance options  Document terms and conditions  Seek technical support specialist approval  Confirm gross order intake Recommended activities: 7 • Customer is approved for credit • Pricing looks good to both parties • Kodak and customer agree • Customer can’t be credit- approved • Customer is looking for below-floor pricing • Kodak and customer can’t agree
  • 21. 7Closing 21 Confirmation from the decision maker. Contract signed.  Gain customer agreement of Kodak as vendor  Schedule project kickoff meeting  Terms and conditions complete  Contracts signed  Confirm finances are in place 8 • Customer chooses Kodak • Kodak is well-positioned to meet all customer needs • Customer has budget to meet their needs • Timeframe has changed • Customer prefers competitive proposal • Something changed in customer’s business Recommended activities:
  • 22. Close Win/Loss 22 Order completed. 8  All documentation received and order booked OR  Order lost • Deal closed and order booked • Customer abandoned the deal • Customer chose competitive solution
  • 24. Changing for the Better 24  New process job aids  SOD improvements  New support tools
  • 25. New Job Aids In Development 25  Proposal template  Standard Letter of Understanding  Brief and action-oriented  Statement of reasons why customer is making a change  Summary of past and planned actions  Your recommendation  Timeframe for next contact  Updated throughout sales steps
  • 26. SOD Improvements – Opportunities Area 26
  • 27. SOD Improvements – Process Coaching 27
  • 28. SOD Improvements – Opportunities Area 28
  • 29. SOD Improvements – Sales Stage Metrics Reports 29
  • 31. More to Come …  We are evaluating:  Sales methodology training  In the works:  Back office support  Sales Information Portal improvements  Alignment of marketing tools to steps of sale 31
  • 32. What is Sales Methodology?  Account Management  Managing relationships  Enabling the sale of multiple Kodak products  Conceptual and Strategic Selling  Holistic customer perspective, value selling and solution development  Coaching  Sales management coaching throughout the sales step process  SOD Tools  Simpler interfaces and flexible reports that drive actions 32 Common methodology and customer approach drive higher effectivity, greater margins and improved forecasting
  • 33. Back Office Support  Provided by Infosys  Objectives  Provide account profiles for new customers, update existing profiles  Format and update sales presentations  Assemble collaterals as requested by sales reps  Validate the quality of leads using Kodak’s qualification parameters  Help with SOD, SIP, TPP, etc.  Free you from office tasks so you can focus on face to face selling time  Improve consistency of customer communications 33
  • 34. Back Office Support 34 • Detailed company profiles including • Key stakeholders, SWOT analysis, product segments etc. • Credit checks and analysis • Industry Research, Competitive landscaping • Presentation/ Pitchbook support (standardized templates, formatting, first cut presentation content) • Financial Analysis (ROI, TCO calculation) • Tools/ Applications support (data entry, updation & maintenance) • Enriching playbook content • Bid Management support • Key Metrics Reporting (Management Dashboards, Performance Reporting) • Order booking support Conduct SSM interviews
  • 35. Improvements to SIP  Removal of obsolete contents  Content aligned by sales process steps  Custom-designed newsletter  Objectives  Minimize time spent searching for tools  Enable you to move faster through steps of sale 35
  • 36. Alignment of Marketing Content 36 Categorizing marketing content according to steps of sale, so you know what to use when
  • 37. Mapping Sales Tools to Sales Process 37 INTEREST  PR articles  Blog entries  IQ samples  Kodak corporate overview  www.kodak.com  Sales training (LMS)  Sales process guide  Suspect engagement script (current and new)  Customer application presentation Suspect Qualify
  • 38. Mapping Sales Tools to Sales Process 38 DEVELOPMENT  Discovery questions  Survey / questionnaires  TCO & ROI calculators  Solutions development prompter  Letter of Understanding, (LoU) form  Applications workflow diagram  Product marketing guide  Competitive playbook  Preliminary solutions test (ROI and soft savings vs. goals/problems) Needs Analysis Sol’ns Dev., ROI
  • 39. Mapping Sales Tools to Sales Process 39 COMMITMENT  VIP demo process  Benchmark sample process  Demo video / animation  Customer testimonial (video or document)  White paper  TCO & ROI calculators  Product awards, (PIRA …etc.)  Proposal template  Data sheet & brochure  Segment / solution brochure  Article reprints  Price escalation process Demo, Benchmark Proposal, Negotiation Closing Close: Win/Loss
  • 41. Timeline 41 OCTOBER NOVEMBER DECEMBER Start DPS Pilot Sales tools, job aids and delivery model Marketing support content alignment Regional Kick-off Q1 ‘10 Back office Support Phase – 10/30 Marketing Content Alignment
  • 43. Recipes for Sales Success 43 Standard Sales Process • Common language • Clearer rules • Improved OOD tools Improved Support • Back-Office pilot • Improved SIP • Process-aligned sales tools • Sales methodology Sales Success • More sales time • Improved effectivity • Higher commissions
  • 44. 44 Here’s to our success!
  • 45. Thank you for your participation in this pilot program 45

Editor's Notes

  1. SECTION 1: INTRODUCTION
  2. Additional Background Kodak leadership wants one sales steps process for the company to better sell multiple-solutions to customers Sales representatives need both a standard sales step process and more marketing support aligned with the process
  3. From Kodak’s perspective, streamlining the sales process is a matter of tremendous strategic importance. Sales step standardization is consistent with Kodak’s stated intent to streamline the company, and is vital to helping us meet our corporate goals. Corporation is moving to “One Kodak” Acquisitions & recruiting from other companies yields a variety of perspectives on sales processes Standardizing sales step processes benefits both sales reps & the company Common language Improved marketing support etc
  4. I’m sure you would all agree that our current 6-month+ sales process can become a labyrinth of dead ends. Many hours are spent with a prospect that does not buy If a competitor arrives first, the probability of Kodak’s success in closing a deal shrinks Too many prospects stall as you search for tools/support Some successful sales end with a credit problem
  5. The benefits to you from standardizing the sales process are substantial: Common sales step process = common language throughout Kodak to support sales Marketing & sales tools align with sales steps More focused support to solve a prospect’s business problems Improved Siebel On-Demand training and better tools to utilize the system OOD morphs from being a problem to becoming an asset Sales Manager as Coach Improved communications & expectations at each sales step Increased sales Combination of standard process, coaching & new tools improve sales effectivity and productivity
  6. Common language With manager, other Kodak reps Here’s what it boils down to: A common collaboration language, to help you communicate with your manager and other Kodak reps Clearer rules for moving forward Activity-based process Tools, support that are aligned with steps of sale More information in a timely manner More sales time Back-office support, other improvements Increased time with best prospects Less time with weak prospects Greater sales Higher commissions
  7. Kodak also benefits from … Higher sales effectivity Standard sales steps process focuses on prospects with higher probability of buying from Kodak Greater sales productivity By concentrating on higher probability prospects, the number of closes and orders increase Enhanced collaboration between managers and sales representatives Emphasis on coaching improves communications & expectations Improved forecasts More sales with less inventory increases cash flow ULTIMATE GOAL: To drive revenue to its full potential as One Kodak.
  8. SECTION II: SALES STEPS PROCESS OVERVIEW Overall goal of our solution: A refined and standardized Sales Step Process across product categories and regions Consistent, standardized marketing support for opportunity management, delivered in an easy-to-use model for the sales force
  9. Identify 8 steps of sale.
  10. Ask audience how suspects enter the funnel… (Slide builds)
  11. (Position this next section within the context that doesn’t offend the audience, e.g. All sales cycles are different Not all the items on the checklists you’ll see on the following slides are relevant. You may already be doing all these things. The important thing to understand is that the activities you see on these slides should be happening within the particular step of sale … not anywhere else.)
  12. At this stage, it’s important to gather critical data, including an understanding of the competition’s position. Pre-sales support should be engaged, and all players identified for both Kodak and customer. Customer needs and Kodak’s initial position should be communicated through a Letter of Understanding.
  13. Transition slide Now that we’ve outlined the steps of sale, an important part of this process will be tracking our success. The place to do that is Siebel OnDemand.
  14. SECTION III: SALES STEP PROCESS JOB AIDS
  15. (use this slide to discuss which job aids reps actually use)
  16. SECTION IV: DEMO
  17. SECTION V: Expectations
  18. 100+ Americas sales representatives and managers will test a new sales methodology, beginning in January Specific goals on improved sales productivity and effectiveness If the methodology meets or exceeds goals, a global roll-out is planned in late 2010/early 2011 The piloted sales methodology will utilize the Kodak sales steps process. Utilizing it now will help if the new methodology expands.
  19. Beginning October 12, 2 back-office persons from the vendor will be assigned to AMERCAS and EAMER – 4 in total. They will begin being trained by each region on how to help you during this pilot.
  20. Mention that 120 times a day, someone is visiting SIP.
  21. SECTION VI: WORKSHOP, where reps work live with their PCs