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A Strategic Sales Model for Business Intelligence in the Education Market


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


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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Please fax this form to:
(646) 607-1907 or (646) 964-6609 - From USA
+353 1 481 1716 or +353 1 653 1571 - From Rest of World