Increasing revenues through better marketing and execution

Not sure if your current corporate strategy or go-to-market plan is working? Ask yourself the questions below. “The ability to ask the right question is more than half the battle of finding the answer.” - Thomas J. Watson.

Corporate Strategy

  • Do you have a strategy that all employees know about?
  • Can you link the goals of every employee back to the strategy?
  • Are all the executives aligned with this strategy?
  • Do you have factual data to support this strategy?
  • Are your product, indirect channels, sales, alliances, and marketing teams aligned?
  • What product category are you in today and is it worth investing more in this area?
  • Are your resources allocated to areas that will produce the greatest movement towards your goals?
  • Does your chosen leading value discipline match what your target markets value most?
  • Is there M&A activity in your category and how will that affect you?

Go-to-market planning

Would all your executives fill in the blanks in the two following sentences the same way?

For  (target customers) who need (statement of needs) the (product name) is a  (product category) that (statement of most compelling reason to buy). Unlike (competitive alternative) our product (statement of differentiation).

  • Is your warm lead to closed sale ratio higher than the industry average?
  • Are you  struggling to find enough warm qualified leads?
  • Is your sales cycle longer than the industry average?
  • What is your win rate for New Name Accounts?
  • Are you having difficulty getting picked up by the media?
  • If you increase the PR and advertising budget can you directly measure its impact on lead generation, and on sales?
  • Do you lose to a competitor with an inferior product? Why?
  • Have you measured your brand awareness, and brand attributes recently?
     

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