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PROPERTY
MANAGEMENT
IMPROVEMENT PLAN
Dillon Greenway, Scott Hill, Jaime Ortega, and
Sarah Winkeljohn
The Sherwin-
Williams Company
Columbia District
MISSION STATEMENT
Our purpose was to develop a program
to expand the Property Maintenance
segment of Sherwin-Williams to
improve sales and grow gallons.
Sherwin-Williams SWOT
Strength
• Trademark Service
• Knowledgeable employees
• Location
• Brand Recognition
• Sales Rep available support
• Free Delivery
Weakness
• Perceived Higher Pricing
• Online Ordering
Opportunity
• Property Management Market
share
• Increase brand awareness
• Utilize existing programs
Threat
• Big Box Retailers
• Low ball pricing
• Local retailers setting own price
• Price Perception
• S-W Lowe’s Product Line
Sherwin-
Williams
SWOT HOME DEPOT
Strength
• Large assortment of
products
• Service as “one stop
shopping”
• Complimentary color eye
station
• Perceived Value
Weakness
• Lack of training in
employees
• Lack of product
knowledge
• Lack of product depth
• Self Service model
Opportunity
• Easier access to
assorted products
• Improve employee training
Threat
• Big Box Retailers
• Competition for Specialty
Stores
Home
Depot
SWOT LOWE’S
Strength
• Brand Recognition
• Large assortment of
products
• Online Ordering
• S-W product line
• Valspar Paint Truck
Weakness
• Lack of product
knowledge
• Wait time
• No follow-up service
provided
Opportunity
• Improve employee training
• Improve product
performance
Threat
• Big Box Retailers
• Competition from Specialty
Stores
Lowe’s
SWOT PPG
Strength
• Pricing
• Sales Rep available
support
• Large brand recognition
from outside contractors
Weakness
• Brand Recognition in the
area
• Limited Locations and
Services
• Product consolidation
Opportunity
• Growth on all segments
• Additional Locations
Threats
• Big Box Retailers
• Local stores have former
Sherwin Williams employees
PPG
SWOT ROSE TALBERT
Strength
• Well known in political
circles
• Locally owned and
operated
• Local recognition
• Local Distribution
• Product Labeling
Weakness
• Few locations
• No quality control on products
• Brand Recognition
• Fewer product selection
• Customer Service
Opportunity
• High risk credit customers
• Potential for large profit
based on profit policy
Threat
• Lack of financial support
• Big Box Retailers
• Improvement of Products
Rose
Talbert
TARGETED
CUSTOMERS
Target Customers
New potential accounts
Past accounts not currently
buying from us
Current accounts with an
opportunity to grow sales
Research
Apartment Finders/ Internet Resources
Customer Weekly Sales Frequency Report
Phone Interviews
Face to Face interaction
Visited Lowe’s, Home Depot, PPG, Rose
Talbert
Contact with Store Managers and Sales Rep
Survey Conducted
Customer Comments
 “The main reason for Rose Talbert is better
pricing. Sherwin-Williams is a better company,
but Rose Talbert is more economical.”
 “Some of the issues I encounter is that the people
don’t really know what they’re talking about with
their products.”
 “We love our products with PPG.”
 “Easy convenience for maintenance workers to
go to Lowe’s based on location of the job.”
 “I wish Sherwin-Williams offered better and easier
online ordering.”
Objections
Obstacles
encounter
ed
Price
Perceptio
n
Ease of
purchas
e
Loyalty to
current
paint
supplier
competitor
National
Account
OPPORTUNITIES
FOR
IMPROVEMENT
Survey Data
58%24%
6% 12%
Paint Suppliers Used
Sherwin-
Williams
PPG
Rose Talbert
*Researched based on: 200+ targeted customers called, 50 surveys
conducted
Survey Data
25%
20%
5%5%
40%
5%
Associated Product
SuppliersSherwin Williams Lowe's
Home Depot Rose Talbert
HD Supply Wilmar
*Researched based on: 200+ targeted customers called, 50 surveys
conducted
Manager Survey Results
Product
Loyalty
28%
Price
Perception
22%
National
Accounts
11%
Market
Conditions
22%
Lead
Generation
11%
Competition
6%
Obstacles in Property Management
Sales
*Research based on 18 store managers in the Columbia
Improvement Approach
Improve Lead
Generation
calls by
revamping the
process
Focus on
high
potential
sub-
segments
Identify and
Train Lead
Generation
Champions
ATTACK
PLAN
The Fantastic Four Step Plan
District Wide Event
60 day
Program
20
Prospects
High
Potential
Focus
STEP 1: MANAGER
PREP
Step 1: Store Manager
Set Goals
Establish goals and timelines
Identification of Accounts and Contacts
Develop prospect list using Customer Weekly Sales Frequency Report and internet
resources
Determine who’s calling customer
Select high potential employee
STEP 2:PRE-CALL
PLANNING
Step 2: High Potential Employee in
collaboration with Store Manager & Sales
Rep
Research
prospects/
Qualify list
Train
employee to
develop call
questions
Schedule
weekly time
for
designated
calls
Enter call
plan in Sher-
Call
calendar
STEP 3: MAKING THE
CALL
• Invite them to
potential luncheon
Introduction
and
Discovery
• Red Carpet
• Demo
Attract
Interest
Identify Needs and
Schedule In-
Person meeting
• Determined by
current product
usage
Sign up
• Paint ProText
Alerts
• ProBuy App
myS-W.com
• Offer online
payment
• View account
activity
Face-to-
Face
Appointment
Propose
Sale
• Test Drive
• Price
Comparison
Resolve
Objections
What’s Next
& When
STEP 4: MEASURE
RESULTS
Step 4:
Review results
with Store
Manager and
Sales Rep
Grade
Success/
Hot Leads
Adjust
and revise
the
customer
list
Summary
 Our strategy can work and will work
 In-Store Event at store 2076
 High Potential account assignment 2330
 Successful in multiple sectors of Sherwin-
Williams
 Compared to Sales Blitz in June, this attack
plan will be able to be conducted more
efficiently
 Finding the right person to be held
accountable for making the calls is very
important
QUESTIONS?

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Property Management improvement plan

  • 1. PROPERTY MANAGEMENT IMPROVEMENT PLAN Dillon Greenway, Scott Hill, Jaime Ortega, and Sarah Winkeljohn The Sherwin- Williams Company Columbia District
  • 2. MISSION STATEMENT Our purpose was to develop a program to expand the Property Maintenance segment of Sherwin-Williams to improve sales and grow gallons.
  • 3. Sherwin-Williams SWOT Strength • Trademark Service • Knowledgeable employees • Location • Brand Recognition • Sales Rep available support • Free Delivery Weakness • Perceived Higher Pricing • Online Ordering Opportunity • Property Management Market share • Increase brand awareness • Utilize existing programs Threat • Big Box Retailers • Low ball pricing • Local retailers setting own price • Price Perception • S-W Lowe’s Product Line Sherwin- Williams
  • 4. SWOT HOME DEPOT Strength • Large assortment of products • Service as “one stop shopping” • Complimentary color eye station • Perceived Value Weakness • Lack of training in employees • Lack of product knowledge • Lack of product depth • Self Service model Opportunity • Easier access to assorted products • Improve employee training Threat • Big Box Retailers • Competition for Specialty Stores Home Depot
  • 5. SWOT LOWE’S Strength • Brand Recognition • Large assortment of products • Online Ordering • S-W product line • Valspar Paint Truck Weakness • Lack of product knowledge • Wait time • No follow-up service provided Opportunity • Improve employee training • Improve product performance Threat • Big Box Retailers • Competition from Specialty Stores Lowe’s
  • 6. SWOT PPG Strength • Pricing • Sales Rep available support • Large brand recognition from outside contractors Weakness • Brand Recognition in the area • Limited Locations and Services • Product consolidation Opportunity • Growth on all segments • Additional Locations Threats • Big Box Retailers • Local stores have former Sherwin Williams employees PPG
  • 7. SWOT ROSE TALBERT Strength • Well known in political circles • Locally owned and operated • Local recognition • Local Distribution • Product Labeling Weakness • Few locations • No quality control on products • Brand Recognition • Fewer product selection • Customer Service Opportunity • High risk credit customers • Potential for large profit based on profit policy Threat • Lack of financial support • Big Box Retailers • Improvement of Products Rose Talbert
  • 9. Target Customers New potential accounts Past accounts not currently buying from us Current accounts with an opportunity to grow sales
  • 10. Research Apartment Finders/ Internet Resources Customer Weekly Sales Frequency Report Phone Interviews Face to Face interaction Visited Lowe’s, Home Depot, PPG, Rose Talbert Contact with Store Managers and Sales Rep
  • 12. Customer Comments  “The main reason for Rose Talbert is better pricing. Sherwin-Williams is a better company, but Rose Talbert is more economical.”  “Some of the issues I encounter is that the people don’t really know what they’re talking about with their products.”  “We love our products with PPG.”  “Easy convenience for maintenance workers to go to Lowe’s based on location of the job.”  “I wish Sherwin-Williams offered better and easier online ordering.”
  • 15. Survey Data 58%24% 6% 12% Paint Suppliers Used Sherwin- Williams PPG Rose Talbert *Researched based on: 200+ targeted customers called, 50 surveys conducted
  • 16. Survey Data 25% 20% 5%5% 40% 5% Associated Product SuppliersSherwin Williams Lowe's Home Depot Rose Talbert HD Supply Wilmar *Researched based on: 200+ targeted customers called, 50 surveys conducted
  • 18. Improvement Approach Improve Lead Generation calls by revamping the process Focus on high potential sub- segments Identify and Train Lead Generation Champions
  • 20. The Fantastic Four Step Plan District Wide Event 60 day Program 20 Prospects High Potential Focus
  • 22. Step 1: Store Manager Set Goals Establish goals and timelines Identification of Accounts and Contacts Develop prospect list using Customer Weekly Sales Frequency Report and internet resources Determine who’s calling customer Select high potential employee
  • 24. Step 2: High Potential Employee in collaboration with Store Manager & Sales Rep Research prospects/ Qualify list Train employee to develop call questions Schedule weekly time for designated calls Enter call plan in Sher- Call calendar
  • 25. STEP 3: MAKING THE CALL
  • 26. • Invite them to potential luncheon Introduction and Discovery • Red Carpet • Demo Attract Interest
  • 27. Identify Needs and Schedule In- Person meeting • Determined by current product usage Sign up • Paint ProText Alerts • ProBuy App myS-W.com • Offer online payment • View account activity
  • 28. Face-to- Face Appointment Propose Sale • Test Drive • Price Comparison Resolve Objections What’s Next & When
  • 30. Step 4: Review results with Store Manager and Sales Rep Grade Success/ Hot Leads Adjust and revise the customer list
  • 31. Summary  Our strategy can work and will work  In-Store Event at store 2076  High Potential account assignment 2330  Successful in multiple sectors of Sherwin- Williams  Compared to Sales Blitz in June, this attack plan will be able to be conducted more efficiently  Finding the right person to be held accountable for making the calls is very important

Notas do Editor

  1. Our purpose was to develop a program to expand SW sales, service, and reach, to all new, existing, and potential clients. Describe project more in depth -Delete second part, just read the first section?
  2. Transition slide
  3. -try and find new ways to get new potential acounts
  4. -swap one and two
  5. -MAKE SURE TO ESTABLISH SURVEY WAS DETERMINED BASED OFF OF TARGETED CUSTOMERS
  6. -State based on the customers we called, 200+ called
  7. -make sure to address that this information came from accounts we are not currently selling to
  8. Lots of opportunity to grow, get more questions about overall business not just paint
  9. Results answered by managers -Market Conditions
  10. -Areas for improvement -further knowledgeable (customer) -Target subsegments -Let people who like making the Lead Calls make the calls -Areas to Improve in (small locally owned pm business) -maximize lead generation
  11. Select One team leader 1 person driven employee How many counts per week, timeline of calls to make and when
  12. Change 2 develop and train employee to develop call questions Explain how to be properly trained Ensure the selected employee has the proper training and sales tools for success. Research prospect and qualify candidate, give employee opportunity to qualify list and gain ownership Previous sales history 2) Next
  13. -Invite to store event (grill out, homemade ice cream, breakfast) -Validate information, build relationship with customer -mention ProDiscounts
  14. Second Bullet point (gain commitment) Make sure to log commitment in Lead Generation “What’s next and when” Bring price quote, Demo Product, sales sheets data page 4)Go back and identify and qualify what’s missing Supplies
  15. Debrief on success of the Take 5 event (sales increase/decrease,etc.) 2) Larger opportunities will be presented as hot leads to the Property Management rep 3) Developed success with a certain potential based off of people contacted and become incorporated in Lead Generation
  16. -Add ice cream social -called 30 customers -10 show up (3 Red Carpet) -example Nikita (Augusta store) -assigned one person (conducted by high potential employee) -large success in sales blitz -Compared to Sales Blitz in June, conducted more efficiently and determine accountability -Improve closing -Add evidence of the companies we’ve added and got leads uncovered -Addresses the managers execution -Results from previous sales blitz, covers the problems encountered -Last week in June -Lead Gen Champion (Rep knows who to go to and ask questions from) -helps the rep with follow ups -This Plan can be incorporated into any other sector -Help attack “every day” businesses -small businesses -3 year experience know from previous Lead Gen calls excited to be held accountable
  17. Explain in closing - Through the focus of improvement on the Property Management sector in the Lead Generation program employees will be able to better reach customers allowing for the expansion of sales, creation of better customer loyalty, and development of personal relationships with new, existing, and potential clients.