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Too often, sales
and marketing efforts result in missed targets or happenstance outcomes.
Wiglaf has conducted research into best practices in sales and marketing
to create Performance/Execution – Integrated Sales and Marketing (PE-ISM),
a reliable approach to conducting sales and marketing and delivering top-line
revenue. Executives use PE-ISM to plan and budget
sales and marketing, prioritize improvements, and measure outcomes.
PE-ISM is a best practice approach to creating customers and capturing
profitable revenues. It delivers a sales and marketing team working together
as a single unit to produce a revenue generating engine with all pistons
firing in concert. It drills-down to the activity level while creating
a big picture viewpoint. It implements a process approach to ensure repeatability
and enable constant improvement. It measures performance in dollar terms
to enable executive decision making.
PE-ISM does for business-to-business sales and marketing
what Activity Based Costing did for the accounting industry and 6 Sigma
did for the manufacturing industry. In fact, it utilizes the same principals
in conducting the sales and marketing effort.
Define
- Clarify the Business and Organizational Goal
Investigate
- Identify the Sales and Marketing Mix and Define their
Objectives
- Map Sales and Marketing
Activities from the Customer Perspective
- Determine the Total
Cost of Sales
- Create Full Picture
of the Sales and Marketing Effectiveness
Select
- Identify Areas for Improvement
- Select Route for
Accomplishment
Achieve
- Close Gaps in Sales
and Marketing Effort
- Improve Weak Areas
- Discontinue Nonproductive
Activities
Deliver
- Improve Team Coordination
- Forecast Revenue
Reliably with Controlled Costs
- Implement a Constant
Improvement Process for Sales and Marketing
Each engagement is directed by a Wiglaf Principal
with integrity, objectivity, and deep sales and marketing knowledge.
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Challenges Addressed
Sales: “The leads
generated from marketing are poor or too few. We need more opportunities
to close.”
Marketing: “We produce
marketing material but cannot determine tangible results or sufficient
results. We want to improve our effectiveness.”
Executive: “Our sales forecasts
are unreliable and insufficient. I need better results from our sales
and marketing efforts”
Finance: “The sales and marketing
expenses keep increasing, but our revenue isn’t. Why are we spending
this money? What is the real cost of sales?”
Investor: “The growth forecasts
are not being met and now they are asking for more money. Where is the
ROI?”
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