Consulting Services
Building value, whether from the ground up or optimizing an existing organization is the key to profitability. We’ll look at your business with fresh perspective and the experiences of working with other companies to find and unlock hidden value. This could be from energizing your sales team with fresh sales tools, identifying new products or new markets for existing products, or overhauling the entire customer experience. Hidden value can be found in every part of a business.
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Strategy
What’s the plan? Defining your strategy is a multi-step process that requires continuous refinement and adjustment. Strategy needs to be set for all aspects of the business, from an overall plan to specific strategies for each business segment and for every product.
45 North will break the process down into separate components including:
Goal Setting
Defining Success
Strategic Components
Implementation
Metrics and Analysis
We’ll work with the key players at each stage to make sure all are only engaged and take ownership in the process.
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Product
Product is King. Defining what separates your product from the competitors and leveraging those strengths is the first step in a successful product strategy. When it comes to finding enhanced value in an organization, product is a great place to look. Here are ways 45 North can help:
Competitor Analysis
Detail Line Review and SWOT Analysis
Product Roadmap Development
Sku Reduction
Pricing and Margin Analysis
We can also provide full service product development from concept through prototype and spec pack for production working with our network of freelance product designers and engineers.
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Selling
Your sales operation should be under constant review and refinement. Small tweaks can result in major enhancements to both top and bottom line. It’s also an area of particular expertise of 45 North.
For small companies, working with independent reps will provide horsepower without increasing payroll but require guidance and motivation. For more mature companies, sales teams need continuous development and occasional adjustment. Data can provide a portion of the picture while relationships fill it in.
45 North can provide:
A Complete Sales Management Solution
Sales Force Evaluation
Hiring/Contracting Sales Reps
Sales Development and Training
Complete Sales Analysis
Sales Programs Development & Review
B2B Platform Selection & Implementation
DTC E-Commerce site selection, performance review,
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Distribution
Where to sell? That question has become more complex as both the types and number of channels continues to escalate. Many factors play into the distribution strategy and we’ll help sort through the options.
DTC vs. B2B
Specialty vs. Big Box
Amazon or Other Marketplace
International Opportunities
With a strategy established other elements come into play including:
Dealer Agreements
MAP Policy
Channel Conflict
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Marketing
How does your brand voice get heard clearly in a large, crowded room when everyone else is screaming at the same time? That is today’s marketing challenge.
For smaller brands this is an exceptional challenge. Step one is to make sure your product both fills a market need and is clearly differentiated from the competition. With that in hand, a clear marketing strategy is essential. There are multiple marketing choices to sort many of which can be filtered easily based on the marketing budget leaving some still difficult decisions to where to best invest your limited resources. 45 North can assist by:
Define or review/update the brand style guide
Build or update the overall marketing plan
Identifying the best options based on impact and budget
Source creative needed for selected opportunities
Develop marketing metrics to track performance
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Creative
Using both in-house and third party resources, 45 North can provide complete creative solutions for all marketing needs including:
Product Photography
Lifestyle Photography
Video Production
Graphic Design
Packaging Design
Social Content
Creative writing
Website Development
PR Content and Distribution
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Start-Up Support
45 North can help you beat the 50/50 odds of failing by the 5th year through:
Business Plan Development
Realistic Financial Plans
Pitch Development
Funding Options
