MKT2080 Final Role Play Call Planner Template (15%)
Partner 1 Name: Jaspreet Singh
Final Role Play Product Toguard 2.5 mirror dash cam GPS voice control. Assigned: (deduction of 5 marks if wrong product is entered here) Target Market for Final Role Automobile accessory shop and insurance company. Play Product: (1 mark) What is SRP? The suggested retail price for the product is $99.99. Where did you find this price? Include link to It is found in Walmart. product with price. (1 mark) https://www.walmart.com/ip/Dual-Dash-Cam-Front-Rear-2-5K- TOGUARD-12-inch-Full-Touch-Screen-Mirror-Car-Camera-Cars-Vehicle- Waterproof-Enhanced-Night-Vision-Parking-Assistance-G-/821520636 Main Competitor to your APEMAN 10-inch Touch Screen Mirror Dash Cam Front and Rear Final Role Play Product: Camera 2.5K Dual Dash Camera. (1 mark) List 1 strength and 1 Strength: Price of the product is less than our product. weakness for the competitive product: Weakness: Screen size is 10 inches whereas the screen size of our (1 mark) product is 12 inches.
Buyer Needs. List 5 needs 1. Out of stock
your product can satisfy for 2. To show technological advancements of products. the B2B Buyer (situational, 3. Fulfilling the customers’ needs. social, functional, 4. Product of a reputed brand. psychological, knowledge) 5. To know about the technological advanced products. (5 marks) Prospects - Think about the criteria for your ideal Prospect for your Final Role Play Product. You will be focusing on small to mid-size companies. Name, address, phone, key contact in the organization: who they are and their title. List 5 criteria for a Prospect 1. Budget: Is the budget available? that would fit your assigned 2. Authority: Are the persons authorized to buy? product. What are the 3. Need: How much is the need of the product? common attributes that this 4. Timeline: When will the product be bought? ideal prospect would have? 5. Trust: Is there trust about the product on the company? (5 marks) Research 3 small or mid-sized real-life companies that fit your criteria above that you would contact to set up a sales call to sell your product. List the company details in each section, research who the appropriate person to contact would be on their website or LinkedIn Profile. Please note: Companies such as Walmart and Canadian Tire are large companies and will not be accepted for this assignment. Company 1: Name: Napa Auto Parts Head Office Address: 7025 Rue Ontario E, Montreal, Quebec, H1N 2B3, Canada Head Office Phone: (979) 245-5506 Link to their Website: https://www.napacanada.com/ Contact Name/Title: Pedro Catarina Why do you think this prospect is They are seller of automobile spare (10 marks) suitable for your product? parts.
Company 2: Name: PartSource
Head Office Address: 336 Courtland Avenue, Vaughan, Ontario , Canada (866) 807-1902 Head Office Phone: https://www.partsource.ca/ Link to their Website: Aaron Puckett (10 marks) Contact name/title They are the seller of all categories of Why do you think this prospect is suitable for your product? spare parts and accessories of cars.
Company 3: Name: Victor Canada
Head Office Address: 500-1400 Blair Towers Place Ottawa, Ontario K1J 9B8 613-786-2000 Head Office Phone: https://www.victorinsurance.ca/ Link to their Website: Ajitkumar Rai (10 marks) Contact name/title Why do you think this prospect is Can approach insurance companies to suitable for your product? tie up with our part. Easy to claim insurance with camera recording, will benefit both. FAB Benefits based selling with supporting information will lead to more sales Feature Advantage Benefit List one feature per box Performance Characteristic Something that will matter to the (1 mark each – 3 marks (1 mark each – 3 marks total) customer, the so-what? total) (1 mark each – 3 marks total) 1. Camera Recording Recorded videos of places Future use of recorded videos. driven 2. GPS Navigation Can drive with the help of cameras to unknown destinations. 3. Voice Controlled Device Hands free operation Can drive efficiently with voice controls. Customer Value Proposition A concise statement of how you will add value to the prospect’s business by meeting a need or providing an opportunity. Include a brief description of the product you will be proposing during your final role play meeting. Description of Your Product: TOGUARD 12" 2.5K Mirror Dash Cam GPS Voice Control Rear View (2 marks) Mirror Camera, Touch Screen Front and Rear Dual Lens Dash Camera for Cars Waterproof Backup Camera with Parking Assistance Night Vision Value Proposition Can sell to the customer because dash cams document the driving and Statement (1 sentence): enable to record anything that happens on the road. This protects (2 marks) against fraudulent insurance claims, deters theft and can lower car insurance premium. USP (Unique Selling The dash cam comes with a separate GPS setting and also the camera Proposition): recording is an extra feature in the device. The front and rear camera (2 marks) can be viewed together on the same screen. Pre-Approach Plan- Select one of the Prospects you researched above. The remainder of this Call Planner will be completed with this Prospect in mind. Name of Qualified Recorded videos which can help in the claim of insurance. Prospect: (1 mark) Why did you choose this This prospect is chosen by me as because this is the most Prospect: (2 marks) advantageous aspects I find in using the dash cam for which the retailers can sell it to the customers for their use. If you were to enter this The details I would include about the product in my CRM program are: Prospect into your CRM Recorded videos of both front and rear cameras program such as Salesforce, Voice controlled device what details would you GPS navigation separately available for the device. No need to include? List those details connect your cellphone for the purpose of GPS. here: (3 marks) Sales Call Objective In this meeting I would like to achieve 5 goals: What do you wish to achieve in i. I want to gain the skills of convincing my buyer to buy my this meeting? product. Make sure you set a SMART ii. A measurable goal of getting promotion in my company goal. (2 marks) “Toguard” iii. An achievable goal of gaining convincing power. iv. I want to achieve a relevant goal of selling to the right buyer. v. I want to achieve to convince the buyer to buy the product in a very short span and reorder in future too. Marketing Plan details The marketing of the product can also be done very efficiently and will (location in store, advertising surely get a good response. In the store we will be putting posters and details, in-store promotional branding of the product via which customers will get attracted and the material, return policy, pull strategy will work for us rather than the push strategy which will warranty, spokesperson, push create a strong relationship of the customer to the brand. With an one and pull strategy). Make sure year warranty program, flexible return policy and giving value to the they are applicable to the assigned product or service customers it can become a booming product in the whole store. and to the prospect you have selected: (3 marks) Business Proposition (may The cost price of the product is set at a very minimal rate of $55.75 and include the cost of your the SRP of the device at $99.99 which gives a very good margin of product, SRP, margins, 55.75%. On bulk purchase the cost price of the product will also incentives that you would offer decrease to $50 which can give you more margin. the buyer) (3 marks) Key benefit is while purchasing of camera the customer will buy the insurance plans too. Recommended Order: It is recommended that you buy at least 1000 pieces of the product so (2 marks) that the cost price of the product reduces automatically. Negotiable Details (may Free samples for the product are not available, but on the contrary one include training, free samples, free demo of the product usage will be available in store and also you contest paid by supplier, be will be given a training for the demo. The expenditure of these will be creative with your ideas here) on us. (3 marks) Planning the Approach – This section includes what you would say to the prospect either on a cold call or your first meeting. For the prospect you have selected above, script two different approaches for your assigned role play product. State the approach and write what the salesperson will say exactly. Remember, the approach should match the customer. Approach 1 What approach would you Good morning sir, this is Jaspreet Singh speaking from Toguard. Is it use for this Prospect: (1 the right time to talk to you? mark) Why did you choose this I’ve chosen this approach as because I should first know whether the Approach: (2 marks) time is correct for speaking to the opposite person or not. State exactly what you I would like to inform you about a very fabulous product of ours would say (a script) to the which is the Toguard 2.5K dash cam GPS with voice control system. customer: (3 marks) These days the dash cams are very much in demand so I’ve come up with a variety of offers for you to sell the product to the customers. Approach 2 What approach would you Hello, myself Jaspreet Singh from Toguard. I hope you are fit and fine use for this Prospect: (1 and will be able to talk to me right now. mark) Why did you choose this This approach shows a confident in the speech which convinces the Approach: (2 marks) opposite person very highly as the tune and matter of a conversation puts very much effect on the opposite person. State exactly what you I will be giving you some information about a very super product of would say (a script) to the ours which is basically a dash cam but has many technological customer: (3 marks) advanced features which makes it a premium product among all. Needs Analysis Questions – Create 5 open-ended needs analysis questions that will uncover the customer’s real needs. This will help you tie their needs to your FAB. Question 1 (2 marks) Will the product be replaced or repaired if gone out of order before warranty period expires? Question 2 (2 marks) What will be the after sales service of your company? Question 3 (2 marks) What is the average life span of the product? Question 4 (2 marks) After how many days can I pay the payment of the products? Question 5 (2 marks) Will the installation of the product be done by the customer or by the company’s authorized technicians? 100 marks total