From Flat Line to Full Swing

A contract manufacturer that produced sheet metal parts and plastics suffered from flat-lining profits. The PE investor demanded increased revenue, but the manufacturer’s existing markets — lawnmower, automotive, etc. — could not support that kind of growth. The investor proposed selling to high tech, but where in high tech?

Market Research

We investigated about 15 markets within the Information Systems, Computer and Telecommunications Industries and identified fits in several segments.

Sales Strategy

We developed a “Best Customer Profile”, researched and recommended target segments of the high tech industry that fit that profile, selected accounts and implemented a sales prospecting system, developed and analyzed acquisition candidates, set up ongoing customer feedback on production performance.

Implementation

We used our powerful telephone and market research resources to:
  • Perform prospecting — cold call and lead qualification and continuous warming
  • Investigate acquisitions
  • Assist acquisitions with refining their selling and quoting systems

Results

Over the 8 years we worked with this company, revenue grew from $50 million to $250 Million. Their acquisitions were successfully completed and large contracts were signed. One account that Mayfield Consulting selected and sold to grew to $50 million and was their largest customer before the Private Equity group sold the company for an excellent ROI.

Mayfield Consulting’s team has hundreds of combined years of experience in sales and marketing, providing market research, business due diligence, sales, marketing and PR strategy and implementation. All services are performed by seasoned professionals for business-to-business companies. Mayfield has special expertise in software, security, business services, financial services, and classic manufacturing industries. With a tagline of “Where Results Happen,” Mayfield Consulting has clients that have been named eight times in the last nine years to the Inc. 5000 List of America’s Fastest Growing Private Companies, won more than 50 awards, and experienced exponential growth.

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