Sales material preferences of retail seed dealers Kathy Brostrom.
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Transcript of Sales material preferences of retail seed dealers Kathy Brostrom.
Situation
Investigate preferences of dealers selling multiple seed brands
Target retail dealers (co-ops) Gather input on effectiveness of sales
materials Compare materials from the
companies they distribute
The Seed Dealer
The Company’s link to the customer
Guides customer to make most important purchase decision of the year
Represents the brand at personal level
Sales Support Materials
Any item designed to help a dealer sell product catalogs & brochures mailers & posters incentive or promotion items
Company spending in linewith industry – 18% ofmarketing communication dollars
The Question
Do retail seed dealers express a preference for specific types of sales support materials?
Mail Survey
Sent to 350 retail dealers in company database
Eight key Corn Belt states Blind survey (student)62% response rate
3.8
3.9
4.3
0 1 2 3 4 5
General Product Catalog
Product Datasheets
Tokens of Customer Appreciation
Average Ranking of Sales Support Materials -- Top 3 Items
Most Useful
Least Useful
Average Ranking of Sales Support Materials -- Bottom 3 Items
2.1
2.2
2.3
0 1 2 3 4 5
Counter Card with Literature “Pocket”
In-Store Display Items
Counter “Mat” with Product Message
Product Catalog
Type 89% prefer smaller
“localized” 5% prefer larger
“comprehensive”Format
72% prefer 8.5” x 11” 15% prefer pocket-
size
How Much Agree/Disagree?
“Sales materials provided by seed companies have a direct influence on which brand of seed I’m most likely to promote.”
11
34
27
1412
0
10
20
30
40
StronglyAgree
SomewhatAgree
Neutral SomewhatDisagree
StronglyDisagree
Per
cen
tInfluence of Sales Materials
Influence of Sales Materials on Promotion of Brand by Dealers
Other Information
21% ranked the company as doing the “best” job of providing sales support materials
72% prefer to receive materials from seed company representative
73% have designated space for display
Summary
YES, retail dealers DO have strong preferences for specific types of sales support materials
Seed catalog is most important itemPromotion of brand is influenced by
sales support materials provided by seed companies
Recommendations
Discontinue production of least useful items
The next catalog should be “localized”
vs. “comprehensive”Conduct follow-up study on product
catalog effectiveness at both dealer & customer level