Sales Dialogue Template for Canon Instruments Inc.
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Added on 2023/06/10
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This sales dialogue template provides information about the prospect, customer value proposition, sales call objective, linking buying motives, benefits, support information, and competitor analysis for Canon Instruments Inc.
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Exhibit 6.4 Sales Dialogue template 1. Prospect Information A. Company Name: Canon Instruments Inc.Type of Business: Sales Key-Person Information B. Prospect’s Name (Key Decision Maker):Justin Lam.Job Title:Senior Vice-President and General Manager, Canon, Imaging Tech Sales Group, Marketing Division and Strategy Marketing Division. C. Other People Involved in the Purchase Decision: Names/Job TitlesDepartmentsRole in Purchase Decision Maria TeslaCorporateRelations, Corporate Legal & Planning MaintainsLegal infrastructureofthesales campaignandalsothe corporate relations with the Stakeholders. Subhas SeelochandImagingsystemsGroup sales Service Manoeuvrestheindividual sales teams Nick TomotsuguCorporateLogistics Department Responsibleforthe managementofall internationalanddomestic shipments and deliveries. Ted EgawaExecutiveHead of all sales Operations Patrick D’SouzaProfessionalPrintingCustomer Assistance
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Solutions 2. Customer value Proposition: A brief Statement of how you will add value to the prospect’s Business by meeting a need or providing an opportunity. Include a brief description of the product or service: A. Product/Service that delivers value: Canon headquarters have released that the high sales value of the Interchangeable Lens Camera have generated value for the company during the previous year when there was a record 17.5% drop down in the percentage of sales was recorded in Canon. The sales of all models of compact cameras was one of the primary reasons for the dearth in revenue collection. In the overall camera market sales of Compact camera have receded about 22%. In this condition, Canon’s G series is exceptional and outstanding. The point of sales did not go below 88.2% owing to the balance in overall sales that was brought in by the 32% higher sales of the G series products. The EOS 80D with M3 as well as the M10 interchangeable sales in Asia and American market contributed to 49% of the total revenue return for the company. Including the sales value contributed by the sale of these models the total revenue return of 84% was possible (estimated previously to be 70% maximum).In the upcoming years also, Canon Sales is estimated to remain largely dependent on the sales of their interchangeable imaging solutions depending on the static rise in sales of these products by 7% annually. The reduction in the price value of the shipment rates of the SLR products by 17% also helped to increase the industry wide ILC products supply and demand. B. Value Proposition Statement: 1. Single Point of Contract
Canon have localised presence in more than 200 active markets. In the American region there are 3 regional headquarters. The single point of Contract enables business entities to flourish with the help of the Global service team of the company. 2. Global Consistency Canon have a policy of maintaining an equally well spread service framework for customers from global enterprises. The team of global services in Canon adapts to the specific local conditions in markets in order to compliment the high end business strategies and business goals of the individuals or enterprises they serve. In the volatile Business conditions in Canada, Canon’s Team of Global services can easily enter in to strategic partnership with the small and micro business models in order to drive business innovation and thus facilitate global procurement and ensure smooth administration suited to the local levels of business execution. In this Context, the major strengths of the service framework of Canon in the global market can be summed up as follow: Active and in-depth presence in 3 three sub continental regions and hovering actively in 220 countries parallely. A highly experienced as well as dedicated team of Global management that can adapt to the micro or Nano business models Realisation of the value proposed by the successful global documentation strategy. Utilisation and availability of cutting e3dge technologies enabled and tailor made to serve the business needs of the unique3 requirements of the customers all around the globe. RapidoptimisationoftheBottomLinegloballyinafastchangingbusiness environment.
3. Sales Call Objective (must require customer action, such as making a purchase, supplying critical information, etc): The ultimate motive of sales calling in Canon is making the international sales staff more efficient and prolific in terms of adapting to the business environment. Call sheets are prepared in proper queue by the sales representatives and by dates fixed as per the cold calling discussions with the customers, either by hard copy or through on line. This helps the managers to actively understand the progress of the reviews, problems as well as the opportunities which surfaces bovver times in context of the clients and/or the prospects. Two types of service customers are associated with the process. The first is the “Client Attendees” and the other is the “Attendees of staffing service”. One major objective of the Calling plan is extension of the planning worksheets and this extension prompts the sales callers to explore the further list of customers in the sheet. The first step in this respect is the Cold calling that is the first step of approaching every customer. Analysing the prospect of the customer or the customer group, the call planner prepares a sales prospect for the respective client. The managers make sure in this context that every sales call is well complimented by the sales purpose and is accompanied with a well framed portfolio of customer appraisal. The next step is the advanced anticipated action for sales. This involves unveiling the customers’ full data (who would be using Canon product for any purpose) as also unveiling the sales margin that any competitor have gained from any respective client who have been called for already by the competitive companies prior to Canon. This also helps Canon to identify the contingent staffing requirements in any business sector that have potential target customers.
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The last step is analysis of the customer’s problem. The customer’s problem is the other face of the business prospect of Canon. The critical factors that are necessary to implement the solution to the business problem of the client are addressed by the senior sales representative of the company. It should be kept in mind that the sales solutions that canon offers should be unique in comparison to that of their competitors. The lucidity of the worksheet structure is a very important issue for the organisation. Canon do not focus on the deliverance of financial incentive from any Sales calling. Rather the higher management of the sales team concentrates on delivering of solutions that are mutually beneficial for the development of the business structure of the client as well as profitable for the market expansion of canon also. 4.LinkingtheBuyingMotives,benefits,SupportInformationandotherMethodsof reinforcements A. Buying Motives 1.Strategic prospects of the company are very essential for Canon. The main fields of concern are cost competitiveness and enhancement of service capabilities in comparative context to the other companies. 2. Quality assurance is the key competitive advantage of the company. That is why the company is aligned to maintain the product quality unaltered. 3. The third category includes the rational motives like business expansion in the American subcontinent. 4. Fear and status decide the last factor of concern for Canon. B. Benefits to buying
1.Canon makes imaging instruments that are best suited to the purpose of all kinds of customers. 2. The low priced cameras of Canon have various features of professional devices that makes them an automatic choice of the buyers. 3.The interchangeable lenses make the products more feasible to multifaceted use. 4.The high précised products of other alternatives of Canon like Sony or Nikon are mostly high priced and non-interchangeable. C. Support Claims of Each Benefits 1.The variable product line automatically increases the customer base. 2. The multi featured products of Canon attracts the individual customers towards the products of Canon. Hence canon cameras are an obvious choice of beginners of photography. This dependence on the brand makes Canon popular among the professionals also. 3. The product’s features are exclusive and they have high pixel sizes numbers. 4. In terms of Market competition in countries like Canada, companies like Sony and others are losing market gradually since the fourth quarter of 2017. 5. Strengths and Weaknesses of the key competitors CompetitorsStrengthsWeaknesses SonyTheendqualityofthe picturesarebetterthan Canon. Theproductsaremore priced. NikonNikoncamerasarelight weighted. Nikoncameras’picture resolutions and pixel display
are poor compared to Sony or Canon. PentaxPentaxcamerashavehigh focus and capturing quality isbetterthanmanyother frontline brands. BeginnersandAmateurs facedifficultyinusing Pentax cameras. OlympusThecompactcamerasof Olympusarepreciseand have many features. The brand promotionsand thesupplychainofthe companyispoorand Olympushavepoor presence in the international market. 6. Prospect Questions with Responses Q1. How easy is it to use Canon DSLR and SLR for the beginners? About 76% of the buyers opined that Canon cameras have the feasibilities to use the available features with much ease. Hence it is a suggestible product for the beginners. Q2. What are the most popular models of Canon and why? The most popular Canon cameras among the selected customer base are the EOS 6D Mark 2 and the DSLR 6D 24 to 105. The reasons are the best quality of focus and screen adjustment according to the outside brightness level. 8. Earning Prospect Commitment
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The prospects of the sales and marketing team of Canon would conduct a review of the of the market demands among the imaging solutions in the selected customer base. 9. Building value through follow up action The analysis of the customer motives should be followed up by the inspection of the products’ specifications. In the latter part the company would include some customisations within the products and release a new model line for the selected customer base.