Market validation - how we work

Preparation & kickoff

  • Sales oriented market segment description: Who will we call?
  • How does the customer describe his need?
  • Why will he buy our product to meet his need?
  • Telemarketing script
  • Sales presentation
  • Assign roles and responsibilities
  • Set the schedule

Customer calls & visits

  • Telemarketing - get appointments
  • Conversion rate
  • Customer visits
  • Grade each visit: A-B-C-D
    • Why was the grade not higher?
    • Likely to buy?
    • Well qualified?
  • Re-tune the presentation after every visit.
  • Take detailed notes
  • Instant call reports to all team members

Deliverable: Interim report

  • Good news / bad news
  • Preliminary recommendations
  • Revised telemarketing script
  • Revised sales presentation
  • Call reports

Deliverable: Final report

  • Market segments and size
  • Recommendations & Action Plan
  • Prospect qualification guidelines
  • Marketing messages, USP
  • Potential beta sites (for new products)
  • Action plan for sales pipeline
  • Data summary tables
  • Call reports

Engagement structure

Contact us to discuss your needs.