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SalesSoft,Inc.
   Group 7
   Founded in July 1993
   Greg Miller – President and CEO
   William Tanner – Vice President and CFO
   Main Product – PROCEED, a comprehensive
    sales automation system.
   Alternate Product – Trojan Horse, a more
    sales oriented system.
   Currently worth $1 billion
   Expected growth rate – 40%
   Growth attributed to
     Drop in laptop computer prices.
     Introduction of user friendly software.
     Development of communication technology.
   Potential market 9.2 million salespeople.
SA is a system that automated some or all processes
used in the sales order cycle (i.e.) from lead generation
to post-sales service.

   Marketing Functions- Telemarketing, direct mail,
    advertising campaigns etc.
   Sales Functions- Account management, team selling
    & sales force management.
   Customer service Functions- complaint tracking,
    service reports & repurchase details.
Comprehensive Sales Automation System is a software
    which provides:

   Integrated tools to sales, marketing and service
    personnel to perform their jobs more efficiently and
    effectively.

   Back end decision support systems to the management
    to help them make decisions more proactively.

   Greater value where there was greater variance and
    uncertainty in the sales order cycle.
   Typically 21 to 30 months to implement
Stage                                                           Time Period
1          Realization top management
2          Evaluation of potential to automate existing         3 to 4 months
           processes. Also specify the order of functions.
3          Decide how the different functions to be automated   2 to 3 months
           are related. Determine data collected, stored and
           analyzed.
4          To decide type of SA software and hardware to be     6 to 8 months
           purchased.
5          Pilot test of the CSAS                               3 to 5 months
6          Modify the CSAS software in response to feedback     3 to 4 months
           form from pilot test
7          Full scale roll out                                  4 to 6 months
 SalesSoft’s CSAS product called PROCEED
  SMRP(Sales Marketing Resource Planning System.)
 Eight Modules, divided in 3 broad categories. (Sales,
  Marketing and Services)
 Developed to run also on Microsoft Windows.
 Integrated with common E-mail, word processing,
  fax, spreadsheet, presentation software.
   TH is very close to a simple Contact Management
    System (CMS) since its primary focus was on Sales.
   TH offers SaleSoft to get into new customer
    accounts, gain quick sales and generate Revenue.
   The Sales manager can anticipate any shortfall in
    sales.
   Can review associated sales activity and help in
    improving sales force performance.
PROCEED                           TROJAN HORSE

   Comprehensive system             Sales Module of PROCEED
   Less competition.                 with functions from other
   Difference in product.            modules.
   Long term ROI.                   High Competition
   Focused on sales,                Similar to other products
    marketing, services              Short or medium term ROI.
   Less crowd with small start      Focused on sales only
    ups                              Giants like Microsoft and
                                      Lotus entering
PROCEED                        TROJAN HORSE


   8 months in development       Ready in 3 months
   Further investment of $1      Investment of $0.2 million
    million                        in development and 0.5
   Priced at $2400 per user       million in promotion
                                  Prospective price $400-
                                   $1000 per user
                                  Marketing cost 1/3 rd of
                                   Proceed
   SaleSoft should go ahead with PROCEED.

     Core Competency
     Primary Objective of SalesSoft
     Less competition
     Product differentiation.
     Better in long term returns.
     Customer Benefit.
   Why not Trojan Horse

     Unable to cater organizations needing CSAS.
     PROCEED will not be ready and competitors will
      grab market share.
     Trojan Horse does not require partnership with
      consultants which will hamper success of
      PROCEED.
     Trojan Horse will cannibalize the sales of
      PROCEED.
THANK YOU

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Salessoft final

  • 1. SalesSoft,Inc. Group 7
  • 2. Founded in July 1993  Greg Miller – President and CEO  William Tanner – Vice President and CFO  Main Product – PROCEED, a comprehensive sales automation system.  Alternate Product – Trojan Horse, a more sales oriented system.
  • 3. Currently worth $1 billion  Expected growth rate – 40%  Growth attributed to  Drop in laptop computer prices.  Introduction of user friendly software.  Development of communication technology.  Potential market 9.2 million salespeople.
  • 4. SA is a system that automated some or all processes used in the sales order cycle (i.e.) from lead generation to post-sales service.  Marketing Functions- Telemarketing, direct mail, advertising campaigns etc.  Sales Functions- Account management, team selling & sales force management.  Customer service Functions- complaint tracking, service reports & repurchase details.
  • 5. Comprehensive Sales Automation System is a software which provides:  Integrated tools to sales, marketing and service personnel to perform their jobs more efficiently and effectively.  Back end decision support systems to the management to help them make decisions more proactively.  Greater value where there was greater variance and uncertainty in the sales order cycle.
  • 6. Typically 21 to 30 months to implement Stage Time Period 1 Realization top management 2 Evaluation of potential to automate existing 3 to 4 months processes. Also specify the order of functions. 3 Decide how the different functions to be automated 2 to 3 months are related. Determine data collected, stored and analyzed. 4 To decide type of SA software and hardware to be 6 to 8 months purchased. 5 Pilot test of the CSAS 3 to 5 months 6 Modify the CSAS software in response to feedback 3 to 4 months form from pilot test 7 Full scale roll out 4 to 6 months
  • 7.  SalesSoft’s CSAS product called PROCEED SMRP(Sales Marketing Resource Planning System.)  Eight Modules, divided in 3 broad categories. (Sales, Marketing and Services)  Developed to run also on Microsoft Windows.  Integrated with common E-mail, word processing, fax, spreadsheet, presentation software.
  • 8. TH is very close to a simple Contact Management System (CMS) since its primary focus was on Sales.  TH offers SaleSoft to get into new customer accounts, gain quick sales and generate Revenue.  The Sales manager can anticipate any shortfall in sales.  Can review associated sales activity and help in improving sales force performance.
  • 9. PROCEED TROJAN HORSE  Comprehensive system  Sales Module of PROCEED  Less competition. with functions from other  Difference in product. modules.  Long term ROI.  High Competition  Focused on sales,  Similar to other products marketing, services  Short or medium term ROI.  Less crowd with small start  Focused on sales only ups  Giants like Microsoft and Lotus entering
  • 10. PROCEED TROJAN HORSE  8 months in development  Ready in 3 months  Further investment of $1  Investment of $0.2 million million in development and 0.5  Priced at $2400 per user million in promotion  Prospective price $400- $1000 per user  Marketing cost 1/3 rd of Proceed
  • 11.
  • 12. SaleSoft should go ahead with PROCEED.  Core Competency  Primary Objective of SalesSoft  Less competition  Product differentiation.  Better in long term returns.  Customer Benefit.
  • 13. Why not Trojan Horse  Unable to cater organizations needing CSAS.  PROCEED will not be ready and competitors will grab market share.  Trojan Horse does not require partnership with consultants which will hamper success of PROCEED.  Trojan Horse will cannibalize the sales of PROCEED.

Editor's Notes

  1. Proceed is the comprehensive sales automation system being developed by salesoft.It has eight modules which are divided in three broad categories. The first being sales which has Field sales, opportunity management and sales management. The next is marketing which has campaign management, marketing Encyclopedia and literature fulfillment. The third is a service system which has incident tracking and relationship management.Microsoft windows – industry standard system. Expected to shorten the learning time for windows users.And it is also integrated with common software that are used most often