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1) On Questions Tab assess your agreement (column "c" combo box) with each of the 81 questions [Strongly agree to S
2) Review Business Mode's effectiveness by looking at each Assessment Chart and then Assessment Tab
3) Review Recommendations Tab for suggestions on improving Business Model Strength
Suggestions:
Review from Summary to Detail charts to determine which major areas to focus upon first rather than focusing upon de
Model improvement program in this way is likely to yield the greatest results.
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questions [Strongly agree to Strongly Disagree]
ssessment Tab
Detail Factors
Number
To Stay on the Cutting Edge Ease of Finding
To Keep Market Share 100% Spending Pattern
0% Detail Factors
Consolidate several products and/or services into high dollar offering that will justify investment in finding a few customers
Find new customers through current customers and/or referrals
Create a cooperative marketing campaign with other businesses serving the same market or having similar problems
finding customers in target market
Offer classes, seminars and/or participate in trade shows to attract prospective customers
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0
0
0
0
0
0
0
0
0
0
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0
Compensation Strategies
Improve reasons to purchase (Develop sense of urgency, better value proposition, etc.)
Develop a devoted distribution channel
Ensure placement of product or service and/or promotional materials where customers are
Become part of a network of business serving customer needs
Consolidate several products and/or services into high dollar offering that will justify investment in finding a few
customers
Find new customers through current customers and/or referrals
Create a cooperative marketing campaign with other businesses serving the same market or having similar
problems finding customers in target market
Offer classes, seminars and/or participate in trade shows to attract prospective customers
Factor Target Rating Compensating Tactics SCORE Tactics Strongly Agree Agree Neither Disagree Strongly Disagree Score Rating
GREAT CUSTOMERS 62% Yes 0% Poor
Number High Poor 65% No 0 0 3 1 0 66% Fair
Ease of Finding Easy Fair 67% 0 0 5 0 1 75% Average
Customer Characteristics Spending Pattern Prolific Average 80% 71% 1 0 0 0 3 85% Good
$ Value of Sale High Poor 56% 0 2 2 1 0 95% Excellent
Repeat Sales Many Poor 60% 1 2 1 0 0
Customer Value to Company Ongoing Sales Support Low Poor 44% 53% 3 0 0 2 0
EASY SALES 68%
How Important are you to Customer Important Poor 44% 3 0 1 0 1
Competitive Advantage High Average 84% 1 0 0 0 4
Value to Customer Price/Value Relationship Low Excellent 100% 76% 0 0 0 0 4
Entry Points Many Poor 20% 4 0 0 0 0
Sales Support Required Little Excellent 100% 0 0 0 0 5
Customer Acquisition Cost Promotional Activities Low Poor 60% 60% 2 0 0 2 1
LONG LIFE 26%
Margins High Poor 20% 1 0 0 0 0
Up-Selling and Cross-Selling Much Poor 30% 3 0 1 0 0
Profit per Sale Ongoing Product Cost Low Poor 36% 29% 3 0 2 0 0
To Enter Business Low Poor 30% 3 0 1 0 0
To Keep Market Share Low Poor 20% 4 0 0 0 0
Investment Required To Stay on the Cutting Edge Low Poor 20% 23% 5 0 0 0 0
Business Model Effectiveness Score 52% 35 4 16 6 19
Number 65%
Ease of Finding 67%
Spending Pattern 80%
$ Value of Sale 56%
Repeat Sales 60%
Ongoing Sales Support 44%
How Important are you to Cust 44%
Competitive Advantage 84%
Price/Value Relationship 100%
Entry Points 20%
Sales Support Required 100%
Promotional Activities 60%
Margins 20%
Up-Selling and Cross-Selling 30%
Ongoing Product Cost 36%
To Enter Business 30%
To Keep Market Share 20%
To Stay on the Cutting Edge 20%