ABC Company, an FMCG company producing organic and eco-friendly products, is interested in independent sales agent services provided by Target Romania team.
What would the project look like?
Step 1: Research and Preparation
Target Romania conducts thorough research on ABC company and their product offerings. They analyse the market potential in Romania for ABC’s products, including the competitive landscape and target consumer segments.
Step 2: Initial Contact and Pitch
Target Romania reaches outto ABC company to schedule a meeting/ video conference call or market visit. During the meeting, Target Romania presents a well-prepared pitch, outlining their expertise in the FMCG market and the benefits of partnering with their company to expand ABC company’s market presence in Romania.
Step 3: Proposal Development
If ABC company managament shows interest in the collaboration, Target Romania prepares a detailed proposal, including the following:
- An overview of their independent sales agent services.
- A commission structure for the independent sales agents.
- Strategies for achieving sales targets and expanding market presence.
- Performance tracking and reporting methods.
- A timeline for implementation and expected results.
Step 4: Contract Negotiation and Agreement
Once the proposal is submitted, Target Romania and ABC company enter a negotiation phase to finalize the terms of their partnership, including commission rates, payment terms, and performance expectations. After reaching a mutual agreement, they sign a contract outlining their collaboration.
Step 5: Implementation
Target Romania begins the process of implementing the business plan in the Romanian market. They work closely with ABC company’s representatives to ensure that customers and/or the sales agents have the necessary knowledge, resources, and support to effectively promote and sell the products.
Step 6: Monitoring and Evaluation
As the partnership progresses, Target Romania closely monitors the performance of the independent sales agents or the company and provides regular updates and reports to ABC company. They also analyse the success of the collaboration and make any necessary adjustments and take corrective measures to optimize sales and ensure the partnership’s ongoing success.