THE ORMOND GROUP CASE STUDY Marketing and Fortune 500 Partnerhips Development for an Industry Giant SERVICES Marketing Strategy Development and Implementation Business Development Strategy Design and Implementation Sales Outreach About Us BRIDGING MARKETING, SALES AND BUSINESS DEVELOPMENT FOR CONSISTENT REVENUE GROWTH, THE ORMOND GROUP provides insourced marketing and sales strategy services. Our expertise ranges from the audit of your current activity, to development and implementation of new strategies. When you partner with Ormond, you benefit from years of industry experience with start-up, mid-market and Fortune 1000 companies. Our approach encompasses comprehensive strategic marketing and sales, disciplined execution, broad industry knowledge, and tactical creativity. We work closely with companies in the United States and Canada to deliver flexible and unique marketing and sales solutions that are linked directly to your top-line growth targets. Your partnership with Ormond means that we first and foremost strive for shared success. We achieve these goals one client at a time, executing in the interim and planning for the long-term. Ultimately, our focus is on pursuing the highest standards of excellence, while aligning our sales and marketing expertise with your growth objectives and organizational goals. We look forward to serving you and to working with you! Best regards, Alex Okounev Founder Client Profile and Objectives Our key objective was to develop and implement a marketing & business development strategy that would result in a new major revenue stream for the client’s largest business unit and position it as an industry-leading provider of executive and employee development services to Fortune 500 organizations. The world’s largest education and publishing company wanted to position its subsidiary’s flagship business unit as a premier provider of executive training and leadership development services to Fortune 500 companies. Within 6 months we formulated a market positioning and value proposition for the client, created and implemented comprehensive marketing and business development plans. We then successfully developed C-level relationships with Fortune 500 companies, guiding discussions to proposal stages with average proposal size in excess of $2.5MM. www.ormondgroup.com | @ormondgroup | 416-371-8696 (Canada) | 323-515-2539 (US) How We Did It and Our Results Challenge and Solution Our client wanted to develop a new major revenue stream for its largest business unit, but had limited brand recognition and awareness in its target market. With zero dedicated marketing budget and no consistent business development outreach, the client was looking for a creative and ROI-driven approach to engage prospective Fortune 500 clients. Stage 1 - Market Research. 4 weeks. Because our client had no prior experience with its desired target market, we wanted to develop an approach that was firmly rooted in a thorough understanding of buyer behavior and needs of the target market. We developed a database of over 1,500 decision makers, influencers, stakeholders and competitors. We then conducted comprehensive market research, identifying specific needs of prospective buyers and their organizations (CHRO and CLO at Fortune 500 firms), understanding existing competitive offerings and formulating a distinct value proposition for our client. Stage 2 - Marketing & Biz Dev Plan Development. 2 weeks. Once we analyzed our research findings and identified opportunities in the market, we created a marketing & business development plan that achieved two objectives: Stage 3 - Marketing & Biz Dev Strategy Implementation. 4 months. We achieved the two objectives by providing an in-house implementation expertise to our client’s business unit, effectively serving as its VP or Marketing and Sales. Our plan, created in stage 2 of the engagement, grew Top of Mind Awareness with the target market and included daily sales outreach consisting of email, phone, webbased and in-person presentations at target Fortune 500 organizations. Once we completed initial consultations with prospective customers, we worked with internal resources on the client side to develop individualized client proposals, formulate tailored partnership offerings for each major prospect, and develop comprehensive financial models to support each proposal’s business case. 1) position our client as an experienced provider in the desired market through a variety of marketing tactics, including thought leadership and industry event participation Our engagement resulted in successful partnership discussions with a number of Fortune 500 companies, with an average proposal value around $2.5MM. We achieved this through a combination of business development and marketing tactics outlined below. What makes this result truly remarkable is the fact that our marketing budget was less than $8,000. Market Research & Analysis Target market analysis Competitive services analysis Decision-maker & key stakeholder purchase behavior analysis Competitive offering analysis & review Marketing Tactics Value proposition development Industry event participation Thought leadership positioning Industry presentation design Collateral development Business Development Tactics Customer and decision maker engagement Pitch development and testing Cold-call, email and digital media campaigns Prospect engagement and outreach Proposal development Consultative solution-based selling strategy Key Fortune 500 Engagements Altria AT&T Boston Scientific Broadridge Financial CA Technologies Edward Jones Ford Motor Company Iron Mountain Lockheed Martin Manulife Financial / John Hancock Merck Novartis Thomson Reuters TIAA-CREF Waste Management Wells Fargo 2) engage prospects and initiate partnership discussions with C-level staff at Fortune 500 companies www.ormondgroup.com | @ormondgroup | 416-371-8696 (Canada) | 323-515-2539 (US) www.ormondgroup.com | @ormondgroup | 416-371-8696 (Canada) | 323-515-2539 (US) THE ORMOND GROUP 100 King St. West, Suite 5700 Toronto, ON M5X 1C7 +1.416.371.8696 (Canada) +1.323.515.2539 (United States) connect@ormondgroup.com www.ormondgroup.com @ormondgroup