econsultants work as "total contractor" for our clients for the complete marketing process, due to the combination of skills hold by the partners and employees. Your company will not have to deal with a large number of specialised suppliers, and you will save a lot of time by outsourcing the management functions to econsultants . Furthermore, when we complete this "package deal" for a group of companies in a Strategic Network you will achieve considerable economic advantages.
The effectiveness of the effort can be multiplied and that by a reduced cost if you form part of a platform - a Strategic Network. The gross of all the companies in the world are SME's. Most of them can not make the investment in starting up in merging markets, although it's requested, not only from your present Key Accounts, but should also be part of every company mid- and long term strategy. That is why a Strategic Network is the right platform.
econsultants
has made a calculation of the estimated cost for sole projects versus Strategic Networking. The assumption is that you not only share some of the cost, but also through the volume of products or services offered, will gain a wider audience between purchasers. Think about the number of offers an average purchaser becomes daily. If you don’t know, you can ask your own department.
| Market Introduktion |
Operating alone |
|
Strategic Networking 5 companies |
| |
No. Of hours |
Cost Euro |
No. Of hours |
Cost Euro |
| Knowlegde Sharing |
|
|
|
|
|
Internal Management |
|
|
20 |
2.400 |
| Anual Fee |
|
|
|
2.000 |
| Market Survey |
|
|
|
|
| Internal Management |
10 |
1.200 |
2 |
240 |
| Price check |
56 |
6.720 |
|
1.344 |
|
External research institute fee |
|
20.000 |
|
4.000 |
| Market Promotion |
|
|
|
|
| Internal Management |
110 |
13.200 |
40 |
4.800 |
| Events, promotional material |
|
30.000 |
|
6.000 |
| Web Portal |
|
10.000 |
|
2.000 |
| Fair |
|
15.000 |
|
4.000 |
| Key Account (KA) meetings |
|
|
|
|
| Internal Management |
40 |
4.800 |
15 |
1.800 |
| Travel expences |
|
5.000 |
|
1.000 |
| Total Marketing Expences |
|
105.920 |
|
29.584 |
| Tasks |
Units |
Cost/unit |
Units |
Cost/unit |
| Estimated KA identified |
75 |
1.412 |
86 |
343 |
| Estimated KA meetings |
25 |
4.237 |
29 |
1.029 |
| Estimated KA negotiations |
8 |
13.240 |
9 |
3.430 |
Its important to notice that the price is based on the fee’s for northern Europe and will vary depending on the market.
Or if you want to make promotion, participate in fairs etc. there is always fixed cost no matter volume or size. About size, the impact is even another from a 50 m2 stand than a 10 m2 boot, no matter the products.
The calculated cost can vary, but allows you to see the bottom line. If the calculation is close to your reality, you on your own will have spend around 13.000 Euro, which again means that you must be able to land some serious business in order to have a reasonable relationship, cost - benefit. When working in Strategic Network the cost pr contract can be reduced to 25%.
If some of the cost are not identical with yours, we will be delighted to calculate yours in our spread sheet.
The econsultants concept and executing method is what we call Strategic Networking (SN). The partners in the SN work together for knowledge sharing and market activities, with xx as the project manager. Based on right scaled market research and potential client and/or partner surveys we carry out promotions, trade shows, symposiums, key account seminars - leading to direct customer negotiations.
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