Date post: | 20-Jun-2015 |
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Q1 Business Partner WebinarGaining a Competitive
ADDvantage with MMI’s ADDvantage+ Suite of Offerings
About MMI
$200+ M in maintenance business currently being managed and negotiated
100+ years experience in maintenance management across the team of maintenance professionals
Over 2 Million dollars in development of our proactive portal management software in 5 Years.
We work with clients in across all sectors, from Business Partners to Distribution to Manufacturers
Transform process and inspire innovation
Vision
MMI Maintenance Background
Value Statement
Eliminate complexity and Deliver value
Reality Bites…
Today’s economic reality is that of increased competition, better informed and demanding
customers, and relentless pressure to cut costs. Companies are being asked to do more with less.
With increasing pressure to keep costs down, improve performance and service delivery,
companies are looking for solutions that automate processes, standardize best practices, and improve
efficiency.
MMI’s Vision For The Future
At MMI we strive to find new and innovative ways to help our customers,
Business Partners, Distributors and Manufacturers tackle the daunting task of
tracking, renewing and quoting maintenance and doing it in a more
efficient, cost effective manner.
Many companies opt to focus on selling services to their largest
enterprise customers located at the top of the sales pyramid, leaving out the major
portion of customers and low-dollar opportunities that form the base of the pyramid
THE 80-20 RULE
Part Number (SKU) Based Renewals and Contract Renewals (Proactive Opportunity Notification and Quoting Program)Increase your maintenance annuity streams through automation
MMI receives the data
MMI Cleans
the data
Renewal Data Loaded into Portal
Notifications Sent to
Reseller to qualify
Notification and quote sent to end
user
End user accepts or rejects the
quote
Reseller completes the sale,
submits PO
Order completed
and submitted
for registration
How It Works…
MMI's ADDvantage Renewal Programs focus on assisting the channel in renewing Part Number Maintenance through
automation
• Turn-key Solution
• State-of- the-art technology proactively quotes upcoming maintenance renewals complete with part numbers, pricing and service description information.
• Best of breed application frees up your key resources and allows them to focus on their core responsibilities
• Drives revenue and productivity for both your sales and administrative teams
What is ADDvantage Plus?
Features and Benefits
Features Benefits
• Access to the ONEview Portal for tracking ALL hardware and software assets, and associated maintenance and services
• Proactive quotes and notifications for you and your customer on all upcoming renewals
• Ability to provide quotes for all new "unclothed“ hardware sold
• Your company's branded messaging on all outgoing quotes and notifications
• Customizable processes tailored to meet the needs of your organization
• Increase revenues by improving maintenance and service contract renewal rates.
• Reduce contract management time and cost.
• Improve customer satisfaction and retention by proactively renewing service contracts.
• Identify opportunities for new and replacement equipment sales.
• Never miss another maintenance Renewal.
• Provide a value-added service for your down-line customers.
• Free up both you and your customer's teams to work on high dollar, strategic opportunities
Dashboard
ServicePac Report
Key Asset/ServicePac Data
Advanced Search Functionality
Sample Notification
* Pricing is valid for 90 days
For additional coverage options contact your Representative at EMAIL ADDRESSThis offer is valid for 90 days or as pricing dictates. Any other custom verbiage that you wish to use…
Best Regards,
Your ServicesTeam
Dear Valued Customer,As part of our ongoing support and value process, <POTENTIAL CUSTOMER NAME> has created the following quote for your upcoming IBM ServicePac Renewals.
Quote for Customer Name:
YOUR COMPANY LOGO
Basic ROI Based on Potential Revenue
Annual Renewal Opportunity Amount 2,000,000$ 3,000,000$ 4,000,000$ 5,000,000$ 6,000,000$ Industry Standard Renewal Rate 20% 400,000$ 600,000$ 800,000$ 1,000,000$ 1,200,000$ ONEview Portal with ADDvantage Plus Offering (10% increase) 200,000$ 300,000$ 400,000$ 500,000$ 600,000$ Total Closed Opportunity 600,000$ 900,000$ 1,200,000$ 1,500,000$ 1,800,000$
ExpensesONEview Portal (Base) - Annual Pricing 76,800$ 76,800$ 76,800$ 76,800$ 76,800$ ADDvantage Plus for SKU'd Maintenance Offering - Annual Pricing 30,600$ 30,600$ 30,600$ 30,600$ 30,600$ Implementation - One Time Charge 50,000$ 50,000$ 50,000$ 50,000$ 50,000$ Total Investment 157,400$ 157,400$ 157,400$ 157,400$ 157,400$
Total ROI - Year 1 42,600$ 142,600$ 242,600$ 342,600$ 442,600$ Total ROI – Subsequent Years 92,600$ 192,600$ 292,600$ 392,600$ 492,600$
This Study is based on Enterprise plus pricing and could offer a greater ROI on customers within a lower pricing tier.
Return on Investment
Large Enterprises
Annual Renewal Opportunity Amount 500,000$ 750,000$ 1,000,000$ 1,250,000$ 1,500,000$ Industry Standard Renewal Rate 20% 100,000$ 150,000$ 200,000$ 250,000$ 300,000$ ONEview Portal with ADDvantage Plus Offering (10% increase) 50,000$ 75,000$ 100,000$ 125,000$ 150,000$ Total Closed Opportunity 150,000$ 225,000$ 300,000$ 375,000$ 450,000$
ExpensesONEview Portal (Base) - Annual Pricing 9,000$ 9,000$ 21,000$ 21,000$ 21,000$ ADDvantage Plus for SKU'd Maintenance Offering - Annual Pricing 3,600$ 3,600$ 8,400$ 8,400$ 8,400$ Implementation - One Time Charge 10,450$ 10,450$ 19,350$ 19,350$ 19,350$ Total Investment 23,050$ 23,050$ 48,750$ 48,750$ 48,750$
Total ROI - Year 1 26,950$ 51,950$ 51,250$ 76,250$ 101,250$ Total ROI – Subsequent Years 37,400$ 62,400$ 70,600$ 95,600$ 120,600$
Return on Investment - Small to Medium Enterprise