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Why Installed Base prospecting is broken for OEMs

Why Installed Base prospecting is broken for OEMs

Ok, hopefully, that headline got your attention!  But hear me out, and when I’m done, I think you will agree with my characterization of this important business process. First, let’s get our definitions aligned: Installed Base = customers who have bought machines from you and buy parts, consumables, service, replacement units, upgrades, and modifications, etc

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Industrials- Are you holding back your channel partners from better serving your Installed Base?

Industrials- Are you holding back your channel partners from better serving your Installed Base?

The statistics are loud and clear – it’s much easier to retain existing customers than to bring on board new ones. Given the overwhelming evidence in this regard and the fact that most industrial OEMs have a mix of direct and indirect sales channels, it is vitally important that OEMs have visibility into their installed

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Industrial Manufacturers should not embark on a digital transformation…

Ok, so perhaps the title is a bit harsh. But we have all seen firsthand too many industrial manufacturers do not achieve their digital transformation objectives for multiple reasons. The experts at Bain, BCG, and McKinsey report that 70-90% of digital transformations stall or fail, with consistent reasons of unclear strategy & objectives, resource or

Industrial Manufacturers should not embark on a digital transformation… Read More »

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