Application Case Study
Improved Sales Productivity and Effectiveness
Client’s Challenge
- Restructure and refocus sales organization in the face of a dramatically changing and shrinking U.S. electronic and electrical manufacturing marketplace
- Provide direction and capabilities to field sellers to succeed in a changing marketplace
iac’s Solution
- Perform Market Access ‘Diagnostic’ to assess effectiveness of current Market Access resources and process
- Facilitate process with business leadership to dramatically re-shape sales resourcing
- Develop a comprehensive multi-phase solution to implement change incorporating;
- Customer surveys to assess opportunities and develop baseline from which to measure success
- Redefined field sales and ‘inside’ sales roles
- Use of Lead Generation and TeleSales capabilities
- Re-designed compensation system based on growth
- Design of new tools to facilitate sales effectiveness
- Expanded Sales Training
Results
- Double-digit growth (now entering the third year) in a shrinking market
- Growth in all customer segments
- Improved sales effectiveness / productivity
- Dramatically reduced cost of sales as % of revenue
- Increased customer satisfaction