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After having answered ourselves some basic questions before committing to this journey, now its time to look at the next phase in consideration i.e. what it takes to set foot for winning in medium term, how to define that and what all it takes for that.

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Actually this is the first stage in the journey after it commences. Remember committing is the pre-journey preparation wherein one still have chance to decide and chose whether to take it or not.

Actually this stage is about developing a differentiated offering to build a medium term competitive advantage. In winning the medium term, the levers are oriented towards developing a successful consumer proposition & then defining key business model elements such as the go–to–market structure and the operating model to deliver the promise consistently.

Some basic factors about business which are to be worked upon in this phase are
~ Pricing & trade spend strategy
~ Service offering or integrated product offering strategy
~ Operating cost structure

Then comes setting up parameters and working upon them & some things which form a basic of these are
~ Exploring new demand spaces for our business
~ Establishing sustainable go to market strategy
~ A business model which have something unique which our competitors does not have – this may include product strategy, service & product differentiating factors, unique portfolio design for products and services etc…

Some of the major results to be expected & measured in the winning medium term stage are

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Some basic tips here could be improve your realization on low profitable accounts and increase the focus on high profitability clusters for your business
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Basic tips here could be driving margins for higher volume SKU’s and leverage high relative market share to improve price.
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Main thing here is to focus the trade spends on more profitable accounts and clusters rather than spreading it across the board.

In all the above if I may summarize – the biggest contributing factor could be Pricing. Because pricing, when approached objectively, can be one of the most effective levers to drive profitability. The big advantage of using pricing as a lever is that the increment flows straight through to the company bottom line.

So all this and much more will continue (tomorrow for retail businesses). However till then if you really wish to get an expert guidance in your journey towards transformation please remember that we are just a click away as inΒ Synergeze Consultants Private LimitedΒ we ensure that the journey no longer is yours alone, we actually walk with you.

We promise – We deliver

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