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NEW WAVE MARKETING 2010 : Optimizing Sales Force Activities
 
2009 – 2010: Tough Times
Background ,[object Object],“ In  recent years, the changing dynamics of the business have prompted a massive expansion of sales forces. The resulting system is costly, inefficient, and rife with dissatisfaction.”   - MCKINSEY “ Industry average for field force budgets is nearly $875 million with top spending organizations committing more than $1billion”   – Cutting Edge
Background ,[object Object],[object Object],[object Object],[object Object],[object Object]
The  pharmaceutical industry  continues to march toward the patent cliff in 2010-2012, when a record amount of drug sales will lose patent protection in the U.S. This means some of the best-selling drugs, including  Pfizer 's ( PFE ) Lipitor, Bristol-Myers Squibb's ( BMY ) Plavix and Avapro,  Eli Lilly 's ( LLY ) Zyprexa, Wyeth's ( WYE ) Effexor, and  Merck 's ( MRK ) Cozaar/Hyzaar and Singulair will be exposed to generic competition.  Our selection criteria for the top 10 prospects is pretty straightforward—promising late-stage drugs due out over the next two years…………………….. JAKARTA. Meski tetap bergairah, pertumbuhan pasar farmasi di 2010 tak akan terlalu tinggi. Gabungan Pengusaha Farmasi Indonesia (GP Farmasi) memperkirakan nilai pasar bisnis farmasi di Indonesia hanya tumbuh 10%, atau naik sekitar Rp 3 triliun dari realisasi 2009 sebesar Rp 30 triliun. Pertumbuhan pasar farmasi ini lebih rendah dibandingkan negara tetangga seperti Thailand dan Malaysia. "Pertumbuhannya  nggak  akan lebih dari 10%," tegas Ketua Umum GP Farmasi Anthony Ch Sunarjo, Selasa (24/11). Belum optimalnya pasar farmasi di Indonesia antara lain terhambat beberapa aturan yang mempersempit ruang gerak pelaku bisnis farmasi. Semisal, Peraturan Menteri Keuangan Nomor 104 Tahun 2009 yang membatasi biaya promosi produk obat-obatan menjadi 2% dari setoran pajak penghasilan (Pph) atau sebanyak-banyaknya Rp 25 miliar.  Padahal, potensi pasar farmasi di dalam negeri seharusnya lebih besar mengingat jumlah penduduk Indonesia mencapai 230 juta orang. Hingga kini, konsumsi obat-obatan per kapita di Indonesia hanya US$ 6-US$ 7 per tahun. Berbeda dengan Filipina (US$ 14), Malaysia (US$ 20), dan Singapura (US$ 27).
Today’s Reality ,[object Object],[object Object],[object Object]
 
Sales Exec Top Priorities ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 
 
Sales Management Trends From To Transactions Relationships Local Global Management Leadership Individuals Teams Sales Volume Sales Productivity
Sales Teamwork Approaches Relatively permanent, customer-focused group Relatively temporary, transaction-focused group Membership determined by job assignment to a specific buying organization Membership determined by involvement in sales transaction One team per buying unit One selling center per sales opportunity Core Selling Team Selling Center
Sales Teamwork Approaches Core Selling Team Selling Center Membership relatively stable Membership very fluid Characteristics of team depend on characteristics of buying organization Characteristics of team depend on characteristics of sales opportunity Mission is strategic with respect to the buying organization Mission is tactical with respect to the sales opportunity
Marketing Sales Force Goals Strategy Increase share of customer business Marketing Strategy-Sales Force Goals, Strategy and Tactics     share 10% Goals Increase share of  customer business Strategy Build long-term customer relations Tactics Develop sales teams  Provide bonuses for greater customer share Increase market
 
 
Sales Rep Time Allocation Almost 2/3 of sales time is spent NOT selling! Source: CSO Insights 2009 Sales Performance Optimization Study
Comparing order takers and order getters
 
More Selling Time = More Revenue Source: CSO Insights 2009 Sales Performance Optimization Study Selling Time % of Reps Meeting Quota >40% 64% 30-40% 59% <30% 54%
[object Object],[object Object],Source:  IDC Sales Enablement Research
Map the Sales Process Suspect Prospect Qualified Scored ABC’s 7 Steps, the Baseline Selling Steps and the Criteria for Reaching Them. 1. Target an Account 2. Meet with Decision Maker 7. Convert Account 6. Closing 5. Successful Evaluation 4. Evaluate Products 3. Qualify Account They Need It Differentiated ABC’s Quantified Problem Compelling Reasons to Buy They’ll Spend More Have Timeline for Decision Know Process for Decision Needs and Cost Appropriate Presentation
 
Transaction oriented Relationship oriented Partnership Low High Low High Multiple relationship strategies Cost of serving the customer Commitment to the customer
[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],Source: Lead Generation for the Complex Sale, Brian Carroll, 2006
Selling Process ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Difficulty in Connecting ,[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object]
What is Sales Enablement? ,[object Object],[object Object],Source: IDC, 2009
Arm your Sales Team ,[object Object],[object Object],[object Object],[object Object],[object Object]
Conversations…NOT Collateral ,[object Object],[object Object],[object Object],[object Object],Source: New Rules of Sales Enablement eBook, Jeff Ernst Key Messages
Conversations…NOT Collateral ,[object Object],[object Object],[object Object],[object Object],[object Object],Source: New Rules of Sales Enablement eBook, Jeff Ernst
Match Content to Buying Cycle
[object Object],[object Object]
“ Thinking back to your initial meeting, what percent  of reps were….” Buyer-Seller Alignment Source: IDC Customer Experience Panel, January 2009 Number of respondents = 296
 
[object Object],[object Object],[object Object],[object Object],[object Object],CRM Process Experience …
 
 
Customer Relationship Management ,[object Object],[object Object],[object Object]
 
How salespeople create value for customers
 
 
 
Marketing 3.0™ ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Communication ,[object Object]
Still need more? Please sent email : mochkurniawan99@gmail.com

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Rethingking Sales Force In 2010

  • 1. NEW WAVE MARKETING 2010 : Optimizing Sales Force Activities
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  • 3. 2009 – 2010: Tough Times
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  • 6. The pharmaceutical industry continues to march toward the patent cliff in 2010-2012, when a record amount of drug sales will lose patent protection in the U.S. This means some of the best-selling drugs, including Pfizer 's ( PFE ) Lipitor, Bristol-Myers Squibb's ( BMY ) Plavix and Avapro, Eli Lilly 's ( LLY ) Zyprexa, Wyeth's ( WYE ) Effexor, and Merck 's ( MRK ) Cozaar/Hyzaar and Singulair will be exposed to generic competition. Our selection criteria for the top 10 prospects is pretty straightforward—promising late-stage drugs due out over the next two years…………………….. JAKARTA. Meski tetap bergairah, pertumbuhan pasar farmasi di 2010 tak akan terlalu tinggi. Gabungan Pengusaha Farmasi Indonesia (GP Farmasi) memperkirakan nilai pasar bisnis farmasi di Indonesia hanya tumbuh 10%, atau naik sekitar Rp 3 triliun dari realisasi 2009 sebesar Rp 30 triliun. Pertumbuhan pasar farmasi ini lebih rendah dibandingkan negara tetangga seperti Thailand dan Malaysia. &quot;Pertumbuhannya nggak akan lebih dari 10%,&quot; tegas Ketua Umum GP Farmasi Anthony Ch Sunarjo, Selasa (24/11). Belum optimalnya pasar farmasi di Indonesia antara lain terhambat beberapa aturan yang mempersempit ruang gerak pelaku bisnis farmasi. Semisal, Peraturan Menteri Keuangan Nomor 104 Tahun 2009 yang membatasi biaya promosi produk obat-obatan menjadi 2% dari setoran pajak penghasilan (Pph) atau sebanyak-banyaknya Rp 25 miliar. Padahal, potensi pasar farmasi di dalam negeri seharusnya lebih besar mengingat jumlah penduduk Indonesia mencapai 230 juta orang. Hingga kini, konsumsi obat-obatan per kapita di Indonesia hanya US$ 6-US$ 7 per tahun. Berbeda dengan Filipina (US$ 14), Malaysia (US$ 20), dan Singapura (US$ 27).
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  • 12. Sales Management Trends From To Transactions Relationships Local Global Management Leadership Individuals Teams Sales Volume Sales Productivity
  • 13. Sales Teamwork Approaches Relatively permanent, customer-focused group Relatively temporary, transaction-focused group Membership determined by job assignment to a specific buying organization Membership determined by involvement in sales transaction One team per buying unit One selling center per sales opportunity Core Selling Team Selling Center
  • 14. Sales Teamwork Approaches Core Selling Team Selling Center Membership relatively stable Membership very fluid Characteristics of team depend on characteristics of buying organization Characteristics of team depend on characteristics of sales opportunity Mission is strategic with respect to the buying organization Mission is tactical with respect to the sales opportunity
  • 15. Marketing Sales Force Goals Strategy Increase share of customer business Marketing Strategy-Sales Force Goals, Strategy and Tactics share 10% Goals Increase share of customer business Strategy Build long-term customer relations Tactics Develop sales teams Provide bonuses for greater customer share Increase market
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  • 18. Sales Rep Time Allocation Almost 2/3 of sales time is spent NOT selling! Source: CSO Insights 2009 Sales Performance Optimization Study
  • 19. Comparing order takers and order getters
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  • 21. More Selling Time = More Revenue Source: CSO Insights 2009 Sales Performance Optimization Study Selling Time % of Reps Meeting Quota >40% 64% 30-40% 59% <30% 54%
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  • 23. Map the Sales Process Suspect Prospect Qualified Scored ABC’s 7 Steps, the Baseline Selling Steps and the Criteria for Reaching Them. 1. Target an Account 2. Meet with Decision Maker 7. Convert Account 6. Closing 5. Successful Evaluation 4. Evaluate Products 3. Qualify Account They Need It Differentiated ABC’s Quantified Problem Compelling Reasons to Buy They’ll Spend More Have Timeline for Decision Know Process for Decision Needs and Cost Appropriate Presentation
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  • 25. Transaction oriented Relationship oriented Partnership Low High Low High Multiple relationship strategies Cost of serving the customer Commitment to the customer
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  • 35. Match Content to Buying Cycle
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  • 37. “ Thinking back to your initial meeting, what percent of reps were….” Buyer-Seller Alignment Source: IDC Customer Experience Panel, January 2009 Number of respondents = 296
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  • 44. How salespeople create value for customers
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  • 50. Still need more? Please sent email : mochkurniawan99@gmail.com

Notas del editor

  1. 02/09/10 10:06