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Identifying Opportunities. Mike Peck. Themes. Identifying opportunities outside of IT 100-250 CAL opportunities – what’s different? Beating Microsoft. Opportunities Outside of IT. Inertia: Business Objects is comfortable selling to IT BUT IT budgets are now even more heavily scrutinized - PowerPoint PPT Presentation
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Identifying Opportunities
Mike Peck
Themes
o Identifying opportunities outside of IT
o 100-250 CAL opportunities – what’s different?
o Beating Microsoft
Opportunities Outside of IT
Inertia: Business Objects is comfortable selling to IT
BUT
IT budgets are now even more heavily scrutinizedThink Q4 2008 – What happened to my pipeline?
To capture more dollars we must go beyond IT
BOBJ never trained how to do this effectively
Lifecycle of a BOBJ Customer – What do they buy and how do we traditionally sell?
1. Registration of Crystal Reports
2. Upsell of CR Server / Enterprise
3. Expand with more licenses
4. Cross sell with Web Intelligence
5. Seed then expand Xcelsius
6. Implement Data Quality / Data Integrator
7. Complement Universes / data structure with Predictive Analytics
8. Roll out BI to the masses with Explorer
BO Enterprise /CR Server
When do people buy large deployments?
Pilot matured to full roll out
Other departments getting access
Expanding departments = more employees
Extranets – supplier and customer
Due to tighter budgets – no customer will buy unless there is a real compelling reason to do so
What are some of the business reasons people buy?
Business Example:Extranets with customers and suppliers
Owens & Minor – gained $60million in new business in 6 months after deploying Business Objects
Medline – 1000 users of Crystal Reports to communicate key metrics with customers
Position CR as a revenue generating, customer-facing tool to help attract and retain customers.
© SAP 2008 / Page 6
Pre-call preparation
What are your top 10 customers top 3 initiatives?
This is what the business is spending money on, so it’s important we align Crystal Reports, CR Server etc with those initiatives.
Examples?
© SAP 2008 / Page 7
Best pre-call resources
• Google name of target
• Linkedin – most accurate database of IT / Biz professionals
• Prism
© SAP 2008 / Page 8
Difference between IT-oriented prospecting and business prospecting
Mr. Smith,
I was reviewing your 2008 annual report and your strategy for attracting new customers caught my attention.
Specifically, when I read how ABC plans to target the mid-market it occurred to me that your sales reps will need to better understand:
• Who are my best prospects?• What interaction ABC has had with them in the past?• How can ABC position unique offerings to win the business?
I have a couple ideas I’d like to talk to you about briefly. At market-leader Owens and Minor, they attributed $60million in new business in 6 months to working with us.
Does 10:30am on Wednesday Oct 23rd work for me to call your office?
Kind regards,
Mike Peck
© SAP 2008 / Page 9
Campaign against your prospect
It may take 5-7 contacts for the customer to respond positively. It helps to think of prospecting as a continual marketing process, not a one-time email blast.
(Greg Wolfe and PeopleSoft)
Example:
1. October 21st – sent email
2. October 30th – left voicemail
3. November 14th - invite to local breakfast event
4. December 2nd – sent email with success story – customer responds
© SAP 2008 / Page 10
Beating Microsoft
• Expand BI vision
• Talk about future BI needs – 6 months to 3 years from now, even if you won’t sell it to them• Other departments are going to need Predictive Analytics,
DQ, DI, etc
• Microsoft is a nice niche-play, but doesn’t serve the greater long-term strategy of the company (Medline example)
© SAP 2008 / Page 11
Role Play!
© SAP 2008 / Page 12
Recap:
Align our tools with the business-oriented initiatives of the company, and you’ll
greatly increase your chances of finding and winning new business
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