Strategy Defined - PowerPoint PPT Presentation

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Strategy Defined

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Developed by Purdue University. Chapter 8. 3. Territory Strategy. A ... Which products or services. are most profitable. Developed by Purdue University ... – PowerPoint PPT presentation

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Title: Strategy Defined


1
Strategy Defined
  • Sales strategies begin with
  • a very broad, long-term plan
  • called a territory strategy
  • Then become more refined or drilled down
  • to specific key account strategies
  • and eventually to a call strategy
  • for a specific call on a specific customer

Developed by Purdue University
2
Territory Strategy
  • Your territory is the geographical area
  • or group of customers
  • from which you are expected
  • to generate sales

Developed by Purdue University
3
Territory Strategy
  • A territory strategy is based on
  • Your personal analysis of all customers needs
  • Your local market dynamics
  • Your competitive situation
  • based on your opportunities and barriers

Developed by Purdue University
4
Fit With Corporate Strategy?
  • Each salespersons territory strategy
  • should be part of the companys larger strategy
  • There is usually a basic set
  • of company marketing strategies
  • that serve as a foundation
  • for regional and territory selling strategy

Developed by Purdue University
5
Fit With Corporate Strategy?
  • Consistent implementation of marketing strategies
  • by salespeople helps the company
  • Spend its marketing dollars more efficiently
  • Ensures that customers
  • are treated fairly and equitably
  • Reinforces a consistent message

Developed by Purdue University
6
Fit With Corporate Strategy?
  • Companies expect the cooperation
  • of their salespeople
  • in implementing corporate strategies
  • Sales people are expected work
  • with each buyer
  • in a highly individualized way
  • but always consistent with
  • company wide marketing strategy
  • Company marketing strategy
  • can really help the salesperson

Developed by Purdue University
7
Here Are Some Things You Need To Know
  • Products
  • Which products or services
  • should be emphasized?
  • Services
  • Which products or services
  • will be phased out?
  • Which products or services
  • are most profitable

Developed by Purdue University
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