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How Vacuum Can Be Integrated Into Your Sales Plan. Increase Sales With Vacuum . Dan Bott – Dan Bott Consulting LLC. $88,000 @ 28% GM. Agenda: Part A. 50 HP QSF : $14,200 Sell Price ($2,132 GP). Agenda: Part B. 50 HP QSVI : $16,302 Sell Price ($3,260 GP). Vacuum 101.
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How Vacuum Can Be Integrated Into Your Sales Plan Increase Sales With Vacuum Dan Bott – Dan Bott Consulting LLC
$88,000 @ 28% GM Agenda: Part A
50 HP QSF: $14,200 Sell Price ($2,132 GP) Agenda: Part B • 50 HP QSVI: $16,302 Sell Price ($3,260 GP)
Vacuum Industry Segments Introduction to vacuum Rough Vacuum: ATM to 29.88” HgV Medium Vacuum: 29.88” HgV to 29.89” HgV High Vacuum: 29.89” HgV to 29.9199” HgV Ultra High Vacuum: Below 29.9199” HgV
Introduction to vacuum 0” HgV Atmospheric Pressure 15” “HgV Vacuum 30” 0” “HgV Perfect Vacuum 29.92” HgV
Rough Vacuum Process: • Holding • Transporting/Moving • Shaping • Drying/Cooling • Testing • Oxygen & Other Gas Removal Introduction to vacuum
Market Potential $150,000,000
Market Potential Central $14.8 M Midwest $42.6 M Northeast $37.1 M West $20.3 M Southeast $20.4 M South Central $14.8 M
Industry Share by Technology: Market Potential
Setting Up Your Systems • Client Base – Who Is Buying Vacuum Pumps? • Ask Your Existing Customers!! • Use Vacuum as a Door Opener – Target Accounts • SIC Search • Seminars, Mini Trade Shows & Workshops • Local Trade or Engineering Groups Getting started
Setting Up Your Systems • Take Stock of Your Assets • Sales Team • Service Capabilities • Additional Inventory Requirements • Inside Sales Support • Literature & Technical Information Getting started
Setting Up Your Systems • Evaluate Your Specific Market Needs • Line Up the Correct Accessories • Know Your Information Requirements • Choose Technologies That Fit Getting started
Which Vacuum Technologies Should You Align With? Rotary Screw Liquid Ring Regenerative Rotary Vane ?? Rotary Lobe Blower Claw Radial Blower Dry Screw
Choose Technologies Based On Vacuum Level Getting started 15” 15” 15” 15” 30” 30” 30” 30” 0” 0” 0” 0” “HgV “HgV “HgV “HgV 4” HgV to 12” HgV To 15” HgV To 29” HgV To 29.88” HgV
Setting Up Your Systems • Contact Vacuum Pump Manufacturers and Secure Agreements to Sell Products • Full Line Distributor Relationship • Reseller Relationship • Representative Relationship • What Can You Do For Them? Getting started
Setting Up Your Systems • Establish Vacuum Relationships with Your Existing Customers • They Now Know You for Compressors • Show Them Your New Skill (Problem Solve) Getting started
Summary: Setting Up Your Systems • Client Base • Take Stock • Evaluate Your Market Needs • Contact Vacuum Pump Manufacturers and Secure Agreements • Establish Vacuum Relationships with Your Customers Getting started
Common Vacuum SIC Numbers: • 2677 – Envelopes • 3672 – Printed Circuit Boards • 2711 – Metal Cans • 2011 – Meat Packing • 2015 – Poultry Processing • 2679 – Converted Paper Products • 2711 – Newspaper Publishing • 2834 – Pharmaceuticals • 3086 – Plastic Foam Products • 2721 – Magazine Printing & Publishing Example: ID Vacuum Accounts Locally
Common Vacuum SIC Numbers: • 2677 – Envelopes • 3672 – Printed Circuit Boards • 2711 – Metal Cans • 2011 – Meat Packing • 2015 – Poultry Processing • 2679 – Converted Paper Products • 2711 – Newspaper Publishing • 2834 – Pharmaceuticals • 3086 – Plastic Foam Products • 2721 – Magazine Printing & Publishing Example: ID Vacuum Accounts Locally 55 Accounts in Alabama (w/Just 10 SIC Numbers)
Typical Industries That Use Vacuum: • Hospital • Printing Industry • Plastics Processing • Woodworking • Food Processing • General Industrial Applications Vacuum applications
What Mix Provides the Greatest Coverage? • Criteria for Choosing • Dollar Coverage • Applications Coverage • Fewest Repair or Warranty Issues • Support From Manufacturer Best Mix of Equipment
What Mix Provides the Greatest Coverage? • Quincy Rotary Screw as the Base • 7.5 HP to 200 HP (Gap at 150 HP) • Does Very Well in Most Applications Best Mix of Equipment
What Mix Provides the Greatest Coverage? • Add a Rotary Vane Line • Fractional HP to 10 HP • Repeat Sales, Easy to Install, Lower Capital Outlay Best Mix of Equipment
What Mix Provides the Greatest Coverage? • Add a Liquid Ring Line • Fractional HP to 100’s HP • Oil-Sealed, Water Sealed, Tough Applications Best Mix of Equipment
What Mix Provides the Greatest Coverage? • Add a Rotary Lobe Blower Line • 2 HP to 100’s HP • Single Stage, Two Stage, Water Injected Best Mix of Equipment
What Mix Provides the Greatest Coverage? • For Fun: Add a Regenerative Blower Line • Fractional HP to 30 HP • Oil-Less Design, Compact Best Mix of Equipment
Compressors vs. Vacuum Pumps • What is the Primary Sales Process Difference? Vacuum Sales Process
Compressors vs. Vacuum Pumps • What is the Primary Difference? Applications Orientation Vacuum Sales Process
Applications Orientation • What You Must Know: • Targeted Operating Vacuum Level • Contamination Issues • Duty Cycle • Water? • No Easy HP to HP Conversion Vacuum Sales Process
The Financial Picture • Your Market • Rotary Screw: $200,000 • Rotary Vane: $750,000 • Liquid Ring: $1,500,000 • Rotary Lobe Blower: $350,000 • Regenerative: $250,000 Total: $3,050,000 Your Average Sales Potential: $600K (20%) Sales and financials
The Financial Picture • Three Models • Model #1: Business as Usual • Model #2: Moderate Effort Toward Vacuum Sales • Model #3: Strong Effort Toward Vacuum Sales Sales and financials
The Financial Picture • Model #1: Business as Usual Sales and financials
The Financial Picture • Model #2: Moderate Effort Toward Vacuum Sales Sales and financials
The Financial Picture • Model #3: Strong Effort Toward Vacuum Sales Sales and financials
Financial Summary • Moderate Effort Gains Big Results • Small Vacuum Pumps Lead to Large • Add Specialist When Sales Reach Targets Sales and financials
Help Needed To Sell Vacuum • Product Support • Applications Support • Documentation Support • Information • Training on Vacuum Selling & Technology Support Requirements
What Can Happen? • Poor Inventory Investment • Application Mistakes • Lost Sales Time • Loss of Sales Force Motivation Risk and exposure
How Dan Bott Consulting Can Help You • Audits – Full, Mini, Remote • Vacuum Technology/Sales Training • Complete Package: Sales/Mktg./Technical • Air Audits & Leak Detection Services Vacuum Services