Project Description:
Farmers operate in a sluggish economy with increasing competition and government regulation.
GreyMatter’s unique experience in delivering business advice on new product development from concept to launch made it ideally suited to give Farmers a new strategy and direction.
A three month plan was assembled which included:
- Establish a vision and strategy with stakeholders.
- Pre-market testing with focus groups and sales team
- Training of agents and customer support staff.
- Set K.P.I.s and Balance Scorecard measures to ensure objectives are achieved.
Project Results:
- Full commitment of the sales team and customer support staff.
- Highly competitive pricing strategy with appropriate risk assessment.
- Product launch on time and within budget.
Project Skills:
- Market research and customer needs analysis.
- Identification of key issues and application of best practice solutions.
- Evaluation of likely impact on resources, risk and profitability.