Rapid Launch and Repositioning of Online Advertising Service
Initially launched, then repositioned service with different vertical market to increase revenue opportunity.
The Challenge:
A competitor's service solution was undermining the market position of this
leading developer of solutions for online advertising.
The company wanted to attract the next tier of customers and establish a block to its competitor.
To achieve parity with this competitor's service-based solution, a very short window of opportunity was available.
The Solution:
Within 60 days, Vision & Execution marketing consultants defined the positioning
and benefits of a Web-based implementation of the software solution.
The team developed a collateral system -- brochures, data sheets, FAQs, Web site copy,
and sales tools -- and trained the software-focused sales representatives
and sales engineers on service selling.
Shortly thereafter, the Vision & Execution marketing consultants identified
the opportunity to expand the new service through another vertical market that
represented significantly higher volume.
Through customer research, Vision & Execution identified and prioritized
customer requirements to successfully penetrate this new vertical market.
The team recommended a technology acquisition strategy, and identified a
prospective partner that could satisfy time-to-market and customer requirements.
The team redesigned the collateral system to effectively reposition the service
in the new vertical.
The Benefits:
The combined effects of the two approaches resulted in rapid customer growth
reaching 40 corporate customers in less than 6 months.
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