The marketing mindset - University of St. Thomas

Download Report

Transcript The marketing mindset - University of St. Thomas

Slide 1

Laura A. Heiden
Master in Business Communication
University of St. Thomas
December 18th, 2007


Slide 2

Does marketing effect sales?


Slide 3

The conflict…
• Sales people are like cowboys.
• Marketing people are like preachers.
• They must work together.

• Will always struggle to co-exist.


Slide 4

The sales mindset
The Cow boy

The Independent Cowboy.
• In d e p e n d e n t

• “Been there, done
everything.”

• B e e n th e re , d o n e e ve ry d a m n th in g

• “Don’t change what
• D oworks.”
n ’t ch a n g e w h a t w o rks
• “What the hell do you
• W h a t th e h e ll d o yo u k n o w a b o u t
know about anything
a n yth in g , a n yw a y?
anyways?”


Slide 5

The marketing mindset
The Preacher
• “Praise be the brand, and
my plan.”
• “You need to change.”
• “Let me show you the light.”

• I can


Slide 6

How can they co-exist?
• To succeed, we need a functional
relationship.

• Salespeople need to have confidence that
marketing understands.
• Marketing cannot assume salespeople will
embrace their strategies.


Slide 7

What do marketers need to do?
• Use insight from salespeople to create
practical strategies.


Slide 8

Do CROPLAN GENETICS
brand marketing
strategies positively
effect seed sales?

The Question


Slide 9

The scenario…
• Significant sales growth.
• Increasing need for marketing.
• Need to gauge effectiveness of marketing
tools.
• Need to collect insight from salespeople.


Slide 10

Strategy to gain sales insight
• Online survey to retail seed sellers.
• Promotional incentive.
• Emailed survey via district sales managers
and posted on invoicing system.


Slide 11

Online survey response
• Sent to approximately 2000 retail seed
sellers.

• 737 responded.
– Over 500 responded within the first 24 hours.


Slide 12

Online survey content
• Survey categories (# of questions)
-Marketing tool usage (12)
-Answer Plot® trainings (4)
-Seed guide (4)
-Marketing opportunities (3)
-Seed industry comparison (8)
• Total number of questions = 41


Slide 13

Discovery #1
I believe using CROPLAN GENETICS
marketing tools has enabled me to increase
sales volume with existing customers?
88.57% Strongly Agree/Agree


Slide 14

Discovery #2
Which marketing tools have helped you sell
CROPLAN GENETICS® seed to new customers?
Marketing Tools

% of Total

Seed Guide

69%

Answer Plot Grower Sessions

57%

Field Signs & Other Signage

49%

Promotional Items (caps, jackets and other logoed
items)

30%

Direct Mail Postcards

15%

Advertising (print, radio, and outdoor billboards)

12%


Slide 15

Discovery #3
The CROPLAN GENETICS® seed guide is
the best seed guide available in the
industry.
86.27% Strongly Agree/Agree


Slide 16

Discovery #4
In your experience, what is the biggest challenge
in selling to growers who have not purchased
CROPLAN GENETICS® seed from you before?
Select all that apply.
Challenges

% of Total

Brand Perception

75%

Price

38%

Product Performance Data

35%

Narrowing the list of available products

26%

Financing Tools

14%


Slide 17

The Answer
• When utilized, CROPLAN GENETICS
marketing tools are increasing sales.


Slide 18

The Answer


Traditional marketing tools are most
useful.



Brand perception is sales biggest
challenge when selling to prospects.



Sales can provide valuable insight for
marketers.


Slide 19

What has been done since the survey?
• Increased sharing of ideas between marketing
and sales
-More focus groups
-Sales feedback on large marketing projects
• Increased brand awareness activities
-National direct mail campaigns
-Development of a brand character,
“Dan – The Answer Plot Man”


Slide 20

Dan and the soybean supply


Slide 21

Dan went ice fishing


Slide 22

Dan in South Dakota


Slide 23

Dan in Paris


Slide 24

The Answer
• At CROPLAN GENETICS® seed, the
cowboys and the preachers are in
partnership.