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Connecting companies with
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in campuses

Call: 08040138089 / 9599821232

Email: info@qollabb.com

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Market Entry and Sales Strategy Development for a New Product

Codigo Mantra Pvt Ltd
LocationRemote
#HiringActivily
#TopOpportunity

Project Objectives:

To develop practical skills in identifying and qualifying potential customers using market research and data analysis.

To apply sales techniques and communication skills in crafting a persuasive sales pitch tailored to different customer segments.

To demonstrate competency in managing the sales pipeline by tracking leads, follow-ups, and outcomes using CRM tools.

To analyze competitor offerings and market trends to position a product effectively.

To engage in problem-solving and decision-making by addressing common sales objections and negotiating basic terms.

To practice professional communication and presentation skills by preparing and delivering a sales proposal.

To integrate academic concepts such as buyer behavior, sales funnel management, and customer relationship management with real-world sales scenarios.

To showcase teamwork and adaptability by collaborating with marketing or product teams to align sales strategies with business goals.

Project Tasks:

Conduct market research to identify and segment potential customers for a fictional new product introduced by your company.

Analyze competitor products and pricing to understand the competitive landscape.

Develop a lead qualification matrix to prioritize prospects based on defined criteria (e.g., budget, need, authority).

Create a detailed sales pitch and presentation targeting at least two distinct customer segments.

Simulate outreach by preparing email templates, cold-call scripts, or social media messages.

Use a CRM tool (or spreadsheet) to track at least 10 leads through different pipeline stages over a mock sales period.

Identify and prepare responses to common sales objections you might face during client interactions.

Compile a sales report summarizing your approach, lead outcomes, challenges encountered, and recommendations for improving the sales process.

Deliver a final presentation to a panel as if pitching to potential clients, demonstrating clear communication, product knowledge, and professional demeanor.