Creating Market Leadership
Brand Building – Product Marketing – Positioning
Executive Summary
Market launch of new International B2B information security consulting practice.
Client: Global Professional Services Firm.
Insights
Early on, recognized need to create a differentiable unique selling proposition:
• Convinced changeover in competitive positioning – from a highly technical selling proposition to a more general business, senior management one.
• Uniquely thought and convinced management to capitalize on targeting CEOs as buyers vs. CTO/CIO with limited budgets, point of concern.
Actions
• Interviewed global practice leaders to discern what they were selling – a product, service or software.
• Initiated a full-scale marketing strategy and promotional campaign.
• Changed PR firms, created media plan and overhauled goals to emphasize quality over quantity of mentions/press opportunities.
• Designed and delivered first ever media and partner level sales training.
• Re-wrote collateral and sales presentation materials to appeal to the new target buyer in three priority industries – health care, financial services and information technology. See ProTech brochure, above.
• Planned and implemented an international symposium to promote thought leadership in the industry and published widely quoted book of white papers authored by technical and academic leaders in industry.
• Partnered with 10 international practice leaders to develop customized geo/industry target prospecting programs and local strategic plans.
• Developed software based sales optimizer to teach and guide RFP to sales win rate.
Value/Impact
• Reduced number of RFPs replied to by 75%, and increased sales win ratio rate by 50%.
• Business’s revenues increased 10x, from year 1 to 2.
• Business Week recognized this new practice as the industry leader in a cover story on information security.
• CEO of firm named it the biggest new product success of the year at annual partner meeting.