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The End
     of
Best in Market
We hang on to
past practices
We market practically the same way as we
             did before…




    Have we converted to pull?
..just with different and more technology
“Every Industry will be disrupted and rebuilt
with people at the center.”
           - Sheryl Sandburg. COO Facebook
We want information available on every device
People expect to access information whenever
         and wherever they want to.
World is increasingly collaborative driving changes
   in the way decisions/ purchases are made.
New models of value recognition are bringing
      unprecedented competition




 Rolls-Royce & Partners Finance Limited (RRPF) provides short, medium and
 long-term spare engine leasing solutions with the largest world-wide
 portfolio of Rolls-Royce and International Aero Engine (IAE) engines.
Value transfer from tangible transactional to
   intangible are not yet well understood by
organizations but are recognized by customers.
Use of social technology for understanding and
  learning from customers are in its infancy.
Experimentation with new applications are
  often seen as the young persons role.
Most organizations do not
understand collaborative world and
how to evolve it into a competitive
           advantage.
Best in Market Products are not enough,
customers will only pay for how value is derived
         from the use of the product.
“It is not about the things we make, it is about
 how our customer use the things we make.”
                                    – Malcolm Gladwell
Knowledge is Everywhere




    The quality of the
organizational relationship
  network will make the
        difference.
Embracing new and old technologies can leverage
the shared knowledge within organizations.
Shifting from Goods Dominate Thinking and Transactions
                          to
   Service Dominate LogicTM and Co-Creation of Value




                          Buy
                           USE
Service Dominant Logic
The Service-Dominant Logic of Marketing edited by Robert Lusch and Stephen Vargo




                       SD-Logic
Service Dominant Logic
The Service-Dominant Logic of Marketing edited by Robert Lusch and Stephen Vargo




                           SD-Logic
                  Indirect exchange masks the fundamental unit of exchange
                   Goods are distribution mechanisms for service provision
                  Value is always determined by the customer (value-in-use)
                  A service-centered view is customer oriented and relational
                Knowledge is the fundamental source of competitive advantage
                            All economies are services economies
                         The customer is always a co-creator of value
                               Service is exchanged for service.
What is our vehicle of choice?
Organizations need to challenge themselves by
experimenting and creating co-creation of value
    opportunities through Lean Thinking.


                            Principles of Lean
                               • Identify Value
                               • Map Value Stream
                               • Create Flow
                               • Establish Pull
                               • Seek Perfection
Lean Sales and Marketing is essentially a knowledge transfer system;
it's a training system on how to define knowledge gaps and close them.
Lean Sales and Marketing approach is to leave your customer be
the professor, the Sensei, who will take you through a certain
number of exercises (their decision making steps), the customer
leads.
Lean Sales and Marketing is targeted
to certain kinds of organizations who
actually enjoy learning. Who are
committed to continuous
improvement as opposed to just doing
things and running things as they are.
What makes Lean Sales and Marketing different is the system. The
steps of Lean S & M are simple:

 1. Go and see the initial practice (Gemba), the user.

 2. Form a working vision from the user experience, an ideal
    situation of where the USER wants to go.

 3. Visualize the user's process. If you do that, it's obvious to see
    what your next reaction should be and when to trigger it.
Lean Sales and Marketing is incredibly powerful.
Marketing with Lean Program Series
1.   Lean Marketing House Overview
2.   Value w/ Business Model Generation
3.   Marketing Gateway with EDCA/PDCA/SDCA
4.   Marketing with A3
5.   Lean Engagement Team
•   Over 130 Free eBooks
•   Regular Blog Posts
•   Free Tools
•   Discussion Groups
•   Podcast with Celebrated Authors, Industry Practitioners
    and Leading Thought Leaders

                Our Mission is to bring
    Continuous Improvement to Sales and Marketing.

                 http://leanmarketinglab.com

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The End of Best in Market

  • 1. The End of Best in Market
  • 2. We hang on to past practices
  • 3. We market practically the same way as we did before… Have we converted to pull?
  • 4. ..just with different and more technology
  • 5.
  • 6. “Every Industry will be disrupted and rebuilt with people at the center.” - Sheryl Sandburg. COO Facebook
  • 7. We want information available on every device
  • 8. People expect to access information whenever and wherever they want to.
  • 9. World is increasingly collaborative driving changes in the way decisions/ purchases are made.
  • 10. New models of value recognition are bringing unprecedented competition Rolls-Royce & Partners Finance Limited (RRPF) provides short, medium and long-term spare engine leasing solutions with the largest world-wide portfolio of Rolls-Royce and International Aero Engine (IAE) engines.
  • 11. Value transfer from tangible transactional to intangible are not yet well understood by organizations but are recognized by customers.
  • 12. Use of social technology for understanding and learning from customers are in its infancy.
  • 13. Experimentation with new applications are often seen as the young persons role.
  • 14. Most organizations do not understand collaborative world and how to evolve it into a competitive advantage.
  • 15. Best in Market Products are not enough, customers will only pay for how value is derived from the use of the product.
  • 16. “It is not about the things we make, it is about how our customer use the things we make.” – Malcolm Gladwell
  • 17.
  • 18. Knowledge is Everywhere The quality of the organizational relationship network will make the difference.
  • 19. Embracing new and old technologies can leverage the shared knowledge within organizations.
  • 20. Shifting from Goods Dominate Thinking and Transactions to Service Dominate LogicTM and Co-Creation of Value Buy USE
  • 21. Service Dominant Logic The Service-Dominant Logic of Marketing edited by Robert Lusch and Stephen Vargo SD-Logic
  • 22. Service Dominant Logic The Service-Dominant Logic of Marketing edited by Robert Lusch and Stephen Vargo SD-Logic Indirect exchange masks the fundamental unit of exchange Goods are distribution mechanisms for service provision Value is always determined by the customer (value-in-use) A service-centered view is customer oriented and relational Knowledge is the fundamental source of competitive advantage All economies are services economies The customer is always a co-creator of value Service is exchanged for service.
  • 23. What is our vehicle of choice?
  • 24. Organizations need to challenge themselves by experimenting and creating co-creation of value opportunities through Lean Thinking. Principles of Lean • Identify Value • Map Value Stream • Create Flow • Establish Pull • Seek Perfection
  • 25.
  • 26. Lean Sales and Marketing is essentially a knowledge transfer system; it's a training system on how to define knowledge gaps and close them.
  • 27.
  • 28. Lean Sales and Marketing approach is to leave your customer be the professor, the Sensei, who will take you through a certain number of exercises (their decision making steps), the customer leads.
  • 29.
  • 30. Lean Sales and Marketing is targeted to certain kinds of organizations who actually enjoy learning. Who are committed to continuous improvement as opposed to just doing things and running things as they are.
  • 31. What makes Lean Sales and Marketing different is the system. The steps of Lean S & M are simple: 1. Go and see the initial practice (Gemba), the user. 2. Form a working vision from the user experience, an ideal situation of where the USER wants to go. 3. Visualize the user's process. If you do that, it's obvious to see what your next reaction should be and when to trigger it.
  • 32. Lean Sales and Marketing is incredibly powerful.
  • 33. Marketing with Lean Program Series 1. Lean Marketing House Overview 2. Value w/ Business Model Generation 3. Marketing Gateway with EDCA/PDCA/SDCA 4. Marketing with A3 5. Lean Engagement Team
  • 34. Over 130 Free eBooks • Regular Blog Posts • Free Tools • Discussion Groups • Podcast with Celebrated Authors, Industry Practitioners and Leading Thought Leaders Our Mission is to bring Continuous Improvement to Sales and Marketing. http://leanmarketinglab.com