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Think about a business problem that needs to be solved, then who might have a solution and finally who you could sell it to. Business
Think about a business problem that needs to be solved, then who might have a solution and finally who you could sell it to.
- Business to Business (B2B) selling only.
- Product/service you would sell. Remember a product/service that solves a business problem is the ideal.
- Then select the business customer account you will sell that product/service to. Should have 3 choices here too.
Company to Sell for (include web address): | Product/service > | + Business Problem Solves | Company to Sell to (include web address): | Why selected? |
After you find the company to sell for and the product or service that is provided and the company that is selling to can you please answer the questions below
- 1) Your Company Information (this is who you are selling for):
- Full legal name of the entity and address of the entity both corporate and location you will work for.
- A brief history of the company
- Mission, corporate goals, strategies
- Provide an organizational chart with focus on the marketing/selling functions. Names included.
- If you pick a public company the "Leadership" should be listed on the site or in the annual report or in press releases.
- 2) The Market Place:
- Find the NAICS
- Describe and quantify the industry, size*
- What types of customers are your products targeted to?
What is your company's market share or position?
- 3) Your Customer Account:
- Who is your customer? Full legal name of entity, address and location you will be selling to. Include the web address.
- Any background information required. Information that leads you to think there may be a need/problem your product may solve.
- 4) Product Knowledge - What solution are you proposing to this customer?
- Ensure you include all information your customers may want to know about the product
- Describe how product is used
- Complite a feature and benefit analysis (remember a feature is something it has or does and the benefit is how it helps) - present rationale in prose but creatt a chart for quick reference.
- Complite a SWOT analysis
- Other
- Describe packaging and labelling
- What it is made of
- How and where it is made
- Does it require installation and service post sale?
- Complementary products (may be from product line or services ie training)
5) Competitive analysis
- Describe the major competitors for your product
- Compare using factors important to end user of the product
- Compare on factors important to the channels of distribution (where applicable).
- Make sure you summarize the above in a compare/contrast chart and include your own company with the others.
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