Situation
Our client was under-penetrating their market, calling on only about 1/3 of their potential account base with a traditional, geographically structured sales organization.
Actions
Developed a predictive model of customer potential based on product utilization, contract status and existing sales.
Directed sales efforts against a small number of high potential accounts.
Developed lower cost methods of servicing high cost, maintenance accounts and low potential prospects.
Results
Lowered selling costs by 2+ points while achieving an $80mm (12%) increase in volume in the first year of the program.