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Printed from http://www.researchandmarkets.com/reports/329016
A Strategic Sales Model for Business Intelligence in the Education Market
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Description: |
The characteristics of the education market demand that vendors must adopt a customized sales strategy that engages institutions in more substantive and long-term ways in order to sell business intelligence (BI) solutions successfully.
Scope of this title: - Offers insight into how business intelligence vendors should interact with education institutions to increase their success in the market - Identifies strategies vendors should use to develop more effective relationships and drive solution sales - Suggests potential communication tools vendors may leverage to position themselves as trusted and established vendors in the education market
Highlights of this title: Successful business intelligence vendors are strategic in how they approach education institutions.
Developing relationships must be a crucial part of a vendors go-to-market strategy.
An effective communications strategy depends on having deep industry knowledge.
Reasons to order your copy: - Gain insight into how education institutions prefer to purchase business intelligence solutions - Identify strategies that will increase revenue from the education market - Discover new ways to leverage relationships as a tool to drive market penetration
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Contents: |
CATALYST
SUMMARY
METHODOLOGY
ANALYSIS There are important factors in the education market influencing the adoption of BI Powerful contextual forces in the education market drive the adoption of BI The uptake of BI solutions will languish unless gaps in market knowledge are addressed Successful BI vendors are strategic in how they approach education institutions The primary focus of BI decision-makers is not technology A consultative sale demands a direct sales strategy Centralized purchasing offers new opportunities for vendors Developing relationships must be a crucial part of a vendors go-to-market strategy Offering partnerships provide more long-term success than selling contracts Strong reference accounts will provide essential credibility with peer institutions Strategic alliances are an effective way to leverage functionality for access Technology solution providers Business process consultants An effective communications strategy depends on having deep industry knowledge Increase visibility in the industry through active participation in its key events and efforts Educate the industry about the value of BI solutions A note about effective marketing collateral Focus messaging on how solutions are aligned to the specific needs of educators Increase credibility through recruiting sales representatives with industry experience
APPENDIX Definitions Further reading Ask the analyst
List of Tables Table 1: Selected independent software vendors (ISV) serving the education market by solution area
List of Figures Figure 1: The relationship between a solution and the institution is key to selecting a sales strategy Figure 2: Educators clearly cite the influence of relationships on purchasing decisions Figure 3: Strategic alliances should be based on the potential sources of institutional data
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A Strategic Sales Model for Business Intelligence in the Education Market
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