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Law of sales Growth

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Law of sales Growth

  1. 1. SALES GROWTH MODEL Sales Pros Academy Nguyễn Lê Mạnh Tân
  2. 2. BOOK SALES PROS WINNING MODEL FACTs PENETRATION IS A KING FOR WINNING COMPANIES PROVEN SUCCESSFULL STORIES
  3. 3. SPECIAL REPORT FACTs • COCA COLA with 100 mil USD question? • Big Brand vs Small Brand: Big brand get bigger market share, bigger customer based and more people to buy with more often • Loyalty doesn’t mean much Big brand have much higher penetration than small and they got bough slightly often by buyer – but not much more. • Penetration is a King. WHAT MARKETER DON’T KNOW * Oxford studies and becoming new marketing bible for Fortune 500
  4. 4. RIGHT ASSORTMENT Less mean more WINNING GO-TO- MARKET STRATEGY NO MEASUREMENT NO IMPROVEMENT (How) SHOPPER IS DIFFERENT FROM THE CONSUMER (To whom) LIVING AND WINNING IN STORES WILL SECURE SHOPPER’S SATISFACTION ( In More Situations) KEY OPPORTUNITIES 1 2 SALES FORCE CAN MAKE A DIFFERENCE THROUG EXELLENT EXECUTION 3 4 5 6  The result of 20+ years working for 3 MNCs leading 5 different categories.  From hard learning, to tipping point, then easy to roll out. ( What) ( Where) ( Who) R
  5. 5. ASSORTMENT OPTIMIZATION WINNING GO-TO- MARKET STRATEGY NO MEASUREMENT NO IMPROVEMENT (How) SHOPPER IS DIFFERENT FROM THE CONSUMER (To whom) LIVING AND WINNING IN STORES WILL SECURE SHOPPER’S SATISFACTION ( In More Situations) KEY OPPORTUNITIES 1 2 SALES FORCE CAN MAKE A DIFFERENCE THROUG EXELLENT EXECUTION 3 4 5 6  The result of 20+ years working for 3 MNCs leading 5 different categories.  From hard learning, to tipping point, then easy to roll out. ( What) ( Where) ( Who) R
  6. 6. FRONT END KEY BELIEFS SALES GROWTH MODEL REACH MORE PEOPLE Media reach Copy effectiveness Distinctiveness Place More location PACE High impact visibility Channel expertise Living with channel POP Outstanding POSM Assortment (Less mean more) Go-to-Market strategy to win Capability and organization System& Tool Measure and improvement Sales Person R
  7. 7. FOUR-STEP STRATEGY RIGHT PRODUCT ASSORTMENT STRATEGY RIGHT GO-TO- MARKET STRATEGY RIGHT SYSTEM & TOOL RIGHT TEAM WITH RIGHT CAPABILITY Making your brand become easier to buy by more people in more situations with less cost
  8. 8. FRONT END KEY BELIEFS RIGHT PRODUCT ASSORMENT STRATEGY INSIGHTS • To maximize category sales need highest “Rate of Sales” SKU ( Blockbuster) with the highest “ Weighted Distribution”. • Removing non-incremental “ Long tail “ SKUs to right size portfolio can improve the margin. • Multi-facing Blockbusters will drive efficiency and help minimize out-of-stocks. • Optimize SKUs by channel: Products perform very differently across channels as a result of the varying shopper profiles and shopping missions • Within a category, ‘Market Partitions’ exist that serve distinct needs. Focusing on building penetration within each partition will drive overall growth. (More right products to more people- less mean more) FIX ENHANCE TRANSFORM
  9. 9. FRONT END KEY BELIEFS RIGHT PRODUCT ASSORMENT STRATEGY PROCESS PQA analysis Senior management review Account Planning Activities and new product launching Portfolio decision SKPI & score card Execution *PQA is a simple and powerful tool that helps take the right portfolio decisions hence driving net sales and profit growth. * Need Category Sales Data form Agency: Nielsen or tailor made research. (More right products to more people- less mean more)
  10. 10. • 1,000,000 diversify and dynamic stores across the country ( Urban/rural, tradition/modern). • No ready one- fit-all solution to optimize the wide and deep penetration. • Golden formula to grow sales revenue and gain more share • Rural is the next engine growth of FMCG company FRONT END KEY BELIEFS RIGHT GO-TO-MARKET STRATEGY INSIGHTS 71% population 61% stores 500 small towns 8,000 villages • Different channel strategy to engage customer and creating breakthrough result ( MT/ Ws/ CVS/ Internet)… • Building distributor partnership is crucial to leverage external resource for growing efficiency Follower/ challenger intentionally copy the market leader More people to buy in more situations with less cost More shoppers Shop more often In bigger shopping basketX X
  11. 11. FRONT END KEY BELIEFS RIGHT GO-TO-MARKET STRATEGY
  12. 12. FRONT END KEY BELIEFS RIGHT GO-TO-MARKET STRATEGY PROCESS FIX TRANSFORMINGENHANCING 6 Areas of Focus RTM More people to buy in more situations with less cost
  13. 13. RIGHT SYSTEM & TOOL • Average cost for sales activity occupy around 15% ~20% company margin including sales force salary, incentive, trade spend for promotion, display, POSM which need a powerful system to measure the efficiency of sales activities • In any FMCG sales organization, we are facing with the challenging to monitor the performance of the big sales force, wide customers net -work across the country, control promotion program, on-time reliable market information…. • We can’t improve if we can’t measure the performance. • Strong System & Tool support can help: INSIGHT + Improving sales efficiency: Clear setting KPI/ dashboard/score card to/ no paper word. + Boosting the Superior Customer Satisfaction. + Foster the good collaboration and connection among the team. + Building team capability ( seeing opportunities to provide coaching and feedback No measurement - No improvement
  14. 14. RIGHT SYSTEM & TOOL
  15. 15. Functional highlights 15 Key functions WERA on Android WERA Lite Quofore WERA on POS WERA on BYOD Call Plan Y Y Y Y N DAR Y Y Y Y Y Mobile KPI report Y Y Y Y N Photo Taking Y Y Y N depending GPS tracking Y N* Y Y depending Printing N N N Y N Bar Code Scan N N N Y N RIGHT SYSTEM & TOOL
  16. 16. RIGHT SYSTEM & TOOL
  17. 17. RIGHT SYSTEM & TOOL PROCESS DEM system ( Distribution Effectiveness Monitoring )- Pro Sales Version DMS One ( Distribution Management System )- Viettel Version (standard cost solution) (premium cost solution)
  18. 18. RIGHT TEAM AND CAPABILITY INSIGHT • Sales force can make a different. • Challenge to recruit since lacking of local sales talent. • Challenge to retain when young talent has a trend to moving around. • Training and engagement is critical recruit/retain and develop sales talent. • Sustainable sales result come from the right process: Think- Act- Result.
  19. 19. RIGHT TEAM AND CAPABILITY Pre se nta tio n de scri pti Leadership capability Functional capability EXECUTIVE COACH
  20. 20. HOW BRAND GROWTH TO GAIN BIGGER SHARE Making your brand become easier to buy by more people in more situations with less cost Right assortment WINNING GO-TO- MARKET STRATEGY RIGHT SYSTEM & TOOL Right team with right capability
  21. 21. SALES PROS VALUE-ADDED SERVICES Pre se nta tio n de scri pti Redefine winning assortment Sharpening Go –To- Market strategy . Distribution Efficiency Optimization System Sales Pros Courses( Capability Building) Channel Engagement and Transforming In-store strategies and tactics.
  22. 22. SALES PROS ACADEMY VISION Create value- added sales solutions to build the best-in-class sales organizations and develop next generation of sales professionals MISSIONS 1. Develop tailor- made and efficient sales solutions 2. To reach more people. 3. In more winning situations 4. To gain more sales and ROI. 5. Enhancing sales capability. 6. To build the best-in-class sales organizations
  23. 23. HOW THE WORD CLASS SALES ORGRANIZATION LOOK LIKE Building leading sales consultant center which deliver profitable growth through excellence in value-added sales solutions
  24. 24. BUT WE ARE TRULY WORD CLASS? RATE YOUR SCORE: 1 IS LOW AND 5 IS HIGHT
  25. 25. BUT WE ARE TRULY WORD CLASS?

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