Marketing at Emerson Network Power – By Suhas Joshi
A very insightful session by Suhas Joshi, wherein he presented - how all the theories we learn in class are actually employed at Emerson Network Power.
He talked about the thirteen steps in the sales cycle. These are:-
· Lead generation process for vertical markets
· Lead management
· Lead mapping
· Mapping organization chart
· Identification of decision making process
· Identifying Key influencers
· Establishing parallel contacts at all levels
· Understanding of money making process
· Process criticality
· Prospect management
· Order Management
· I & C management
· Service Management
Various ways of lead generation are repeat customers, consultants & architects, direct verbal queries, cold calls. But his weight was highest on advertisement of new project/ tender notice.
By the end of session, he left us with some golden rules:-
· Find out the key decision maker
· Find out key influencer
· Start working at early stage
· Don’t give surprises
· Be transparent
· Develop a relationship which can build trust
· Listen to voice of customer and take signals time to time
· Keep your ears and eyes open
· Don’t underestimate your competition
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