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CLIENTS:
Fifth
Element Associates have worked with a wide range of
clients from small
businesses to mult-nationals
with a concentraton in health care, telecommunications,
manufacturing, and non-profits. Click
here for a partial list of our clients.
EXAMPLES:
Financial Investment
Firm
Client Profile: A financial investment
firm that provides a wide range of investment vehicles
and options to clients for both short- and long-term
gains was experiencing slow to no growth and difficulty
in closing qualified opportunities.
Challenge:
Improve lead generation and become recognized as a
reputable, highly knowledgeable firm. Differentiate
in a very competitive marketplace.
Fifth
Element Solution: Developed a custom program
based on the Alchemy of Success™ process. Created
a unique and compelling value proposition that reflected
the client’s goals and capabilities. Redefined
prospecting process and lead generation program. Defined
key metrics with senior management. Implemented a
long-transformation program that included: sales skills
training, one-on-one coaching, field work and mentoring,
and electronic follow-up and refresher program.
Results:
Increased new leads by 43% without increasing costs.
Increased closed deals by 21%, increased size of average
transaction by 14%.
International Heritage Tourism Organization
Client Profile: Tourism
group aims to become an unrivaled tourism destination
for a variety of national and international interest
groups and markets.
Challenge:
Consolidate the multitude of stakeholder and communities’
efforts around a unified brand identity in a successful,
strategic marketing and implementation plan that will
help build awareness of the unified region, generate
tourism, and create a positive experience that aids
in the economic revitalization of individual communities.
Fifth
Element Solution: Secondary research review,
development of the regions unique and compelling story;
workshop sessions and interviews with key stakeholder
groups to create a share vision for the implementation
of the marketing efforts.
Results:
Developed and delivered a clear, comprehensive, and
dynamic strategic marketing and implementation plan
designed to address the multitude of target audiences
and also guide stakeholder groups on how to market
the region in a fresh, innovative and professional
way.
Telecommunications Service Provider
Client Profile: Well-established
telecommunications service provider was introducing
a new product targeting mid-size to large corporations.
Historically, new product launches have experienced
very disappointing results.
Challenge:
Prepare the sales and sales support staff to effectively
sell the benefits of the products (vs. selling the
features).
Fifth
Element Solution: Refined the product’s
positioning as an ROI-based solution. Established
a value proposition that included additional services
and an ROI component. Developed job aids and proposal
templates to articulate the value proposition. Delivered
product/sales training with emphasis on solution-based
selling techniques. Worked with sales force in the
field, focusing on strategic opportunities to coach/mentor
and help close.
Results:
Exceeded 90-day and 120-day launch goals
by 40% and 53%, respectively.
Networking Hardware
Manufacturer
Client Profile: Equipment manufacturer
of networking hardware was experience revenue erosion
due to soft demand and a highly competitive environment.
Product line was of higher quality and, therefore,
higher cost.
Challenge:
Sell a higher-priced product to a consumer with a
commodity mindset.
Fifth
Element Solution: Created a unique value
proposition that focused on the total cost of ownership
(TCO) over a three-year duration. Included a wide
range of additional services such as on-site service,
24x7 support, pre-configuration, etc. Shifted the
buying decision from a hardware purchase to a business
partnership that will reduce downtime and internal
support. Implemented a sales training and transformation
program to shift the sales approach from hardware
vendor to solution partner. Worked in the field to
coach and support the sales team.
Results:
Dramatically increased market share and profitability.
Stopped revenue erosion and established a growth path.
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