Why Did Cloverleaf Fail to Secure the Sale?
By: Victor • Essay • 382 Words • March 27, 2010 • 1,364 Views
Why Did Cloverleaf Fail to Secure the Sale?
Why did Cloverleaf fail to secure the sale?
There are three major reasons why Cloverleaf plc failed to secure the sale and they fall into the following categories; sales strategy, sales process and the structure of the sales organisation, all of which ultimately led to Commercial SA placing its order with Hofstead GM – one of Cloverleaf’s competitors. Other related marketing factors also contributed as this report implies but the three explained above were significant in explaining Cloverleaf’s downfall.
(1) Sales Strategy:
Having a sales strategy means that you have accessed the big picture of what it takes to get the customer to want to buy and although Cloverleaf plc based theirs around “high quality”, “enhanced reliability” and “superior performance”, its salespeople often lacked the skills and knowledge necessary to improve the chance of sales success. This concerned understanding the buying organisation’s decision making unit (DMU), product knowledge and information on competitors’ products and their criticisms.
(A) Understanding buyer behaviour:
It is evident from John Goodman (sales executive) and his record of sales calls, that he was not familiar with Commercial SA’s decision making process and how they made their decision. In particular, on April 5th, when negotiations had finished and a decision was going to be announced soon, Mr. Goodman had to be told by M. Bernard (Commercial