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Sample Projects - B2B Sales Growth

Transforming a high value commodity product into a significant customer asset

Year:

Title: 

Company: 

2022

Freelance Consultant

Hungarian family business / <1m EUR sales

Type: 

Duration: 

Team:

Go-to-market workshops

2 consulting days / 3 weeks

3 owner

Business Case:

  • Target was to identify a high potential B2B channel for a successful online based goose down bedding business with clear gap selling potential

  • Issues were that the product is a high value commodity and the organisation has limited control over its supply chain

Main Project Steps:

  • Identified individual boutique hotels and small hotel chains without large purchasing organisations as targets

  • Developed Point of Use material to prepare hotel guest for a special sleeping experience, turning commodity product into an asset improving core KPIs for B2B customer

Success:

  • Client reported over 80% engagement on initial message testing

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Identifying new target segments and channels for kitchen equipment business

Year:

Title: 

Company: 

Type: 

Duration: 

Team:

2022

Freelance consultant

Chinese professional kitchen equipment supplier / 15m USD sales

Go-to-market project

3 months (part-time)

2 founder / sales manager

Business Case:

  • Target was to help a Chinese company with the ability to provide custom made kitchen equipment in small quantities at good prices to enter the European market

Main Project Steps:

  • In addition to the convenience food chains we identified the growing segment of food trucks and other food experience delivery vehicles as a high potential segment due to the demand for unique, space saving solutions

  • Developed messaging for the different target personas and conducted a direct message out-reach campaign through LinkedIn and email / phone

Success:

  • Managed to reach over 100 C-level executives of target customers and generate a 42% response rate

  • Warm contacts handed over to client's sales team

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Unique way to market for tailoring startup and highly effective prospecting pipeline

Year:

Title: 

Company: 

2019

Founder

TheTailorNetwork GmbH / Hungary / Early stage startup

Business Case:

  • Idea was to create a tailor-made clothing provider that can compete with mass produced quality brands on price, while paying fair income to independent tailors

  • Concept was to replace high marketing costs with multipliers who care about the fair production

Main Project Steps:

  • Identified CSR (Corporate Social Responsibility) conscious companies with suit-wearing employees as targets

  • Created consistent message around social impact and won President of AmCham as honorary brand ambassador

  • Created effective evangelist acquisition pipeline

  • Defined sets of personas for different decision stakeholder, and created customised materials for each stakeholder

Success:

  • Managed to enter companies which had refused other traveling tailors due to the social impact shown

  • Acquired events at amongst others BlackRock (HU), Morgan Stanley (HU), Falcon Private Bank (CH)

  • Event pipeline included amongst others EY (CH), UBS (CH), KPMG (HU) when COVID-19 ended all in-house events

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Change of negotiation power with largest global key account

Year:

Title:

2014

Head of Global Key Accounts and Sales Excellence

Company:

Franke Kitchen Division / Switzerland / Sales 1bn EUR

Business Case:

  • Large, international key account with 38bn EUR sales globally,  responsible for 4% of global Franke sales and

  • Central purchasing discount significantly impacting margin without any perceived benefit

  • Unfavourable negotiation power being only a 'small' supplier for this large international group

Main Project Steps:

  • Turned focus on local entity level to identify customer entities with high dependence on Franke portfolio

  • Conducted inside market share and portfolio positioning analysis across all customer entities

  • Conducted customer stakeholder analysis (importance of local entities in decision making process)

  • Ensured good relationships with specific local customer MDs

  • Canceled central purchasing contract and put pressure on local customer entities with high importance of Franke portfolio

Success:

  • Was able to successfully counter the 'take it or leave it' negotiation strategy with a walk-out, due to deep customer understanding

  • Established new central purchasing contract with lower central discount and improved PoS support

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Closure of failing negotiations due to better customer insights

Year:

Title:

2014

Head of Global Key Accounts and Sales Excellence

Company:

Franke Kitchen Division / Switzerland / Sales 1bn EUR

Business Case:

  • Large international furniture chain known for high price sensitivity and ​frugal management practices

  • Stalled negotiations despite competitive offer and constant demand for calculation details

Main Project Steps:

  • Changed setting from luxury treatment and large group negotiations to small work group meetings and canteen visits

  • Identified hidden decision maker (negotiation strategy), and established direct negotiations

  • Identified core purchase decision points (besides price), and focused on addressing those

Success:

  • Closed deal within short time, and without further pressure on margin

  • Protected higher margin kitchen studio portfolio from cannibalisation through large key account

canteen_edited.jpg

Definition and implementation of a professional central KAM

Year:

Title:

2014

Head of Global Key Accounts and Sales Excellence

 Company:

Franke Kitchen Division / Switzerland / Sales 1bn EUR

Business Case:

  • Number of large, global key accounts managed mainly on local entity level with randomly assigned key account manager

Main Project Steps:

  • Established clear field of play rules

  • Introduced central information gathering (CRM) and stakeholder analysis

  • Introduced comparative portfolio analysis to identify local and global under-performer

  • Established regular contact with central key account partner

Success:

  • Used central key account partner to drive localised initiatives for local under-performer

  • Improved margins for one local account by 3% due to data analysis and intervention from global key account partner

  • Successfully closed long ongoing negotiations with single largest customer due to better understanding of customer culture and purchasing process

key_account_management_process_tools_goals_customers_white_edited.jpg

Definition and implementation of modern, standardised sales processes

Year:

Title: 

 

Company:

2013 - 2014

Head of Global Sales Excellence

Franke Kitchen Division / Switzerland / Sales 1bn EUR

Business Case:

  • Division was confronted by continuously decreasing margins despite upgraded product portfolio, due to high discounts given in sales negotiations

  • Sales force was "skill" driven, no standardised process in place

Main Project Steps:

  • Standardised customer information gathering 

  • Rolled out CRM

  • Introduced multi-dimensional, comparative customer data analysis

  • Developed special training together with global purchasing team to prepare sales teams for increased professionalism on buyer side

Success:

  • Better customer information led to increased negotiation power

  • 1.5% increase in sales margin attributed to condition improvement

Business Meeting

Definition and roll-out of a global CRM solution

Year:

Title:

2014

Head of Global Sales Excellence

Company:

Role: 

Duration: 

Team:

Franke Kitchen Division / Switzerland / Sales 1bn EUR

Project Lead

1 year (part-time)

5 internal / 3 CRM provider / 4 for each of the 25 regional entities on 5 continents

Business Case:

  • Support new standard customer information gathering

  • Replace 20 local solutions with standardised system

Main Project Steps:

  • Lead local spec requirement and process mapping

  • Defined global specs and customisation requirements with selected market experts

  • Managed global and local stakeholders

  • Determined process changes per entity, developed training program and rollout

Success:

  • Achieved full support of all local entities

  • Handed project over to successor when leaving the company

Data Cloud

Implementation of multi-dimensional portfolio and channel analysis

Year:

Title: 

Company:

2010 - 2014

Head of Internal Audit / Senior Auditor

Franke Kitchen Division / Switzerland / Sales 1bn EUR

Business Case:

  • Developed as part of the Internal Audit

  • Division was lacking consistent, multi-dimensional review

Main Project Steps:

  • Developed and automated routine analysis of 3 years of sales data in a customer / product matrix across channels and product groups

  • Identified underperforming products and customers with low margin portfolios

  • Made customer-product conditions comparable inside and across entities

Success:

  • 4.6m EUR in margin improvement reported by local entities in 3 years

  • Was promoted to Head of Global Sales Excellence and member of the division management team for Kitchen Systems

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Capture of market share through service innovation

Year:

Title: 

Company: 

2011

Senior Internal Auditor

Franke Foodservice Espana / Spain / Sales 30m EUR

Role: 

Duration: 

Team:

Project Lead

4 weeks (full-time)

2 internal / 2 company

Business Case:

  • Gastro equipment market had shrunk by 40%

  • Customers no longer conducted preventive maintenance or replacement of ageing equipment unless broken, requiring immediate replacement to keep operating

  • Financial pressure did not allow suppliers to store sufficient hardware to offer immediate replacement on all equipment

  • Supplier loyalty was lost as customer shopped around for immediate replacement

Main Project Steps:

  • Discovered through interviews the facts that a.) broken equipment became property of entity, b.) could often be repaired to work as temporary replacement and, c.) entity possessed in-house skills and capacity to repair

  • Analysed margin impact of additional repair and service costs to offer 24h replacement with used equipment until new equipment could be delivered

  • Build customer outreach and marketing plan for new product 

Success:

  • Requested as CRO by entity, but denied as promotion to Head of IA was considered more beneficial to the group

  • Implementation of 24h replacement by company lead to capture of additional 10% market share

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Streamlining portfolio and PoS structure for a retail chain

Year:

Title: 

Company:

2008

Senior Consultant

Medium sized, family owned enterprise / Germany / Retail chain / Sales 130m EUR

Role:

Duration:

Team:

Lead Subproject Sales Optimisation

3 months (Full-time)

internal 4 / company 7

Business Case:

  • Company faced insolvency due to low location sales, high cost structure and high NWC

Main Project Steps:

  • Conducted portfolio review and streamlining

  • Conceptualised and managed PoS review / mystery shopping

  • Conducted personnel review and developed training recommendations

Success:

  • Portfolio reduction by 30% with positive sales impact

  • Reduction of handling costs by 40%

  • Implementation of personnel development program

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Introduction of gift item startup to the promotional gift market

Year:

Title: 

Company:

2007

Business Development Manager

HeadsUp Design Inc / Hungary / Sales 20m EUR

Business Case:

  • Searching for new volume order sales channels

Main Project Steps:

  • Developed new product models together with designer

  • Managed new tooling development with COO to improve flexibility

  • Negotiated conditions for volume order with supplier

  • Introduced product to major brands in the US and UK

Success:

  • Generation of additional 1m EUR in sales from one order

  • Received offer to become equal partner with company owner but decided to pursue career in consulting

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Re-design of key account pricing to generate higher ROI at lower margin

Year:

Title: 

2006

Business Development Manager

Company:

HeadsUp Design Inc / Hungary / Sales 20m EUR

Business Case:

  • Extensive payment terms caused cash strapped startup to forgo orders since we could not pre-finance orders

Main Project Steps:

  • Extended parameter for sales negotiations away from pure margin focus to better reflect actual business targets

  • Negotiated reduced production times based on forecast with supplier

  • Introduced significant discounts for prepaid drop-ship orders and quarterly forecasts

Success:

  • Reduction of order margin by 15% offset by 200% increase in sales

  • 80% profitability (ROI) increase

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Founder | Actionable Insights and Impact Consulting

Michael Bist

Phone:

+49 2151 98 79 740

Email:
Michael Bist | Consultant | Actionable Insights | B2B Sales Expert

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