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Publishing Client
Situation
- For the past three years, our client had been losing market share position in its strongest products
- Sales rep productivity was the lowest among competitors, and varied significantly by rep
- Overall industry experiencing flat-to-moderate growth
Parthenon Action
Developed detailed market fact-base:
- Limited market data necessitated team to perform in-depth analysis to calculate the size of the current and projected market by subject area
- Determined product-level market share for overall company and for individual sales reps
- Identified underperforming sales reps, with performance adjusted for territory size and tenure in industry and with company
Created a blueprint for the sales organization:
- Determined optimal territory size and number of sales reps required to achieve maximum market share
- Developed market intelligence program to improve lead generation
Outcome
- Determined optimal territory size and number of sales reps required to achieve maximum market share
- Developed market intelligence program to improve lead generation