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Services Business Strategy for Development and Demand Creation Copyright 2017 IntelliVen, LLC and Peter F. DiGiammarino. All rights reserved. Quotation, reproduction or transmission is prohibited Peter F. DiGiammarino without written permission from IntelliVen, LLC and Peter F. DiGiammarino The Problem: How to build and accelerate the growth of service businesses • The key success factor for a service business is developing and communicating to the market compelling, customer-focused offerings. • Successfully scaling a service business requires the institutionalization of processes that develop market plays and support manager’s efforts to get these plays in front of prospects. • We help our clients build and expand service businesses. • Our approach focuses primarily on creating demand for a firm’s services through strategic marketing and business development. • Often, we are also asked to assist with organization design, operations, finance, and governance process improvement to further build these businesses. 3 Target Audience: Established product companies and emerging service firms seeking to build, or dramatically expand, their services businesses • Established product companies: – See the benefits of adding related services to their revenue stream, but – Lack the experience and service-oriented culture to successfully develop a new business with different organizational structures, market strategies, and key success factors • Emerging service firms: – Typically have been successful building capability in delivering solutions in one or two verticals and would like to expand into new verticals and competency areas, but – Are young firms and do not have established processes in place to quickly develop new offerings and enable mid-level managers to “own” these market plays and drive them into the marketplace • Both of these groups need to improve market messaging, business development processes, and management support systems designed to increase revenues 4 Four service areas directly impact near-term demand creation needs Market Positioning Market Demand Creation • (Re)Positioning Plan • Marketing Machine Design • Market Themes • Marketing Plan • • Program Design Best Practice Research • Program Execution Coaching • White papers Market-Driven Strategy Competency and • Press / Analyst Briefings Formulation Vertical Development • Speaker Development • Customer Value Proposition • Strategic Plan Development • Services / Product • Service Offering and Market Architecture Play Development • Channel Strategy • Target Account Profiling and Key Messaging Strategic Partner • Corporate Business Plan • Sales Materials Business Development • Executive Alignment Process Improvement Relationship Management • Account Categorization • Strategic Partner Selection • Review Process Design and Facilitation • Partner Relationship-Building • Lead Management Process and Tools Programs Development • Joint Account Planning 5 Approach: Build scaleable demand creation systems by working with managers to create and execute market “plays” Traditional Approach to Demand Creation Solutions Approach to Demand Creation Traditional Approach to Demand Creation Solutions Approach to Demand Creation Traditionally, marketing strategy focused on giving Key managers define market plays, link them to current advice to senior executives or training salespeople… sales opportunities, and drive improvements in business development processes… Business Senior Corporate Senior Strategy Executives Marketing Executives Consulting Strategy Market-Driven Strategy Formulation Competency and Vertical Development Managers Managers Business Development Process Improvement Strategic Partner Management Sales Sales People Sales People Training …This approach often results in executive driven strategies that are never implemented …This approach links marketing strategy to sales management and creates a scaleable by the organization or sales training spending that fails to increase revenues demand creation system that emphasizes near and long term revenue gains 6
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