Manufacturing Business redefines its commercial operations
We helped a promising business discover that the whole is much more than the sum of its parts.
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We helped a leading universal bank develop a
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We helped a leading universal bank develop a
The Story
After the successors of the founder stepped into the management of INDUSTRY SA, the company, which counts 30 years of operation, set an ambitious goal: to grow at a rate of 15-20% annually for the next 5 years. To get there, we were asked to help find new customers for the company and make the best use of existing ones.
As a first step, we analyzed historical sales & pricing data, product mix evolution, and existing customers behavior, to identify the focus areas that could yield the desired result. With our Sales Analyzer methodology, our team combined its deep expertise with advanced data analytics to come up with a roadmap of strategic steps, but also tactical actions to achieve the goal.
Using our product and customer segmentation analysis, we spotlighted the “profitable” customers, those with a potential to promote additional products (something that had not been done so far), but also the customers whose transactional profile ends up making them loss-making, burdening the business and consuming valuable resources from the sales department. Combining the above, we crafted the profile of target customers, and identified all upselling opportunities to existing ones, proposing a flexible credit options scheme to further promote sales.
As a second phase, we helped the company develop an integrated, comprehensive sales performance system, encompassing a comprehensive goal setting and sales team management framework.
* We take the confidentiality of our clients seriously. While we have changed their names, the results are real.
Impact
Higher, more profitable sales
22%
increase in annualized sales
17%
boost in average customer turnover
29%
gross margin increase
“Within 3 months we saw a whole new commercial culture and structure”
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