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SalesBoost Success
Story
One SalesBoost client was starting a new business concept
in their area. The company had invested considerable time, money
and effort in researching the marketplace, investigating best business
practices in similar businesses, and targeting markets. They also
produced several successful primary product line marketing materials.
This company had a single Sales Manager/Salesperson to produce sales
for two product lines over an entire marketplace, because sales revenues
could not yet sustain additional salespeople.
SalesBoost was contracted
to “test sell” a secondary
product line. The company understood that this was the best use
of investor funds in a market that was not yet proven for this
product.
Since the product was unproven, it made sense not to be burdened
with additional salary and other related expenses, such as SUTA,
FUTA, benefits, etc. SalesBoost went to work targeting markets
and producing immediate feedback from the marketplace to the client
about
the new product line. The benefit to the company was that it very
quickly learned the most effective marketing and sales strategy
for this new product line. Further, the feedback led to a modification
to one of the products, which better met their prospective consumers’ needs.
An
inexperienced or unsuccessful salesperson would never have been
able to produce that valuable input from the marketplace in such
a timely manner. In addition, SalesBoost was
able to determine that the marketing materials for the primary
product line were
not sufficient
for presentation to the Board of Directors level in most prospective
customer organizations. SalesBoost worked
with marketing personnel to craft a more appropriately detailed
proposal for high-level
corporate presentations. The client saved valuable time, was
provided consumer
feedback, which resulted in improvements to the product, re-focused
the marketing strategy and materials, while ultimately saving
marketing dollars for the company.
SalesBoost produced
quality Board-level presentations within a six-month period for ten
local companies
employing 500 or more
employees. Consequently,
SalesBoost achieved
a 10% closing ratio on an entirely new service to the market.
Ultimately, the client spent a smaller amount
of
their marketing and sales budgets to gain clients for continued
use as
references for other sales. They saved considerable time and
money in creating such a focused approach to gaining business
for their
secondary product line. Additionally, the client received recommendations
for future sales from SalesBoost,
which is included in the standard
SalesBoost contract.
At the end of the SalesBoost contract
period, the client hired a qualified salesperson to implement the
recommendations.
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