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Looking Beyond Trusts
Earning Money
Session 4:
• What do you have to sell?
• Developing USP’s
• Finding customers
• Developing new products
• Pricing
• Developing the commercial mindset
What do you have to …. ?
The future will be increasingly about using your knowledge,
skills and experience to to find new and interesting solutions to
the problems faced by your beneficiaries AND YOUR
PARTNERS. It will not be about funding your services
What do you have to sell?
How it works
• £18,000
• 150 customers
• £120 per year
• The ‘Aladdin’s Cave Model
USP’s
Toyota Prius
Porsche 911Smart
Honda
USP’s
Service
AchievementsCulture
People
Igor Ansoff
Ansoff’s Matrix
Existing products New products
Exi
stin
g m
arke
tsN
ew m
arke
tsMarket Penetration
Product Development
Market Development
Diversification
Home delivery rock records
Virgin Megastores
Virgin Classic
Virgin Recording Studios, Virgin
Coke, Virgin Vodka, Mates
Condoms, Virgin Trains, Virgin
Fuels, Virgin Cosmetics, Virgin
Galactic
m b a
m b a
Existing products New products
Exi
stin
g m
arke
tsN
ew m
arke
tsMarket Penetration
Product Development
Market Development
Diversification
Lunch clubs
Residential Care.
Leisure and Learning.
I.T. Classes
Pre-retirement
Public cafe
THEY’VE NEVER GONE HERE!!
Time
Ret
urn
Childhood Youth Maturity Decline
The Product Life Cycle
Time
Gro
wth
Childhood Youth Maturity Decliine
The Product Life Cycle
Market growth
(Cash usage)
Market share
(Cash generation)High
High
Low
Low
STAR
CASH COW DOG
Problem Children
Market growth
(Cash usage)
Market share
(Cash generation)High
High
Low
Low
STAR
CASH COW DOG
QUESTION MARK
Community Council of Berkshire
Infrastructural support
Infrastructural support (CVS competition)
Climate ChangeBME Work
Travellers/
Refugees Trustee belief
But reality is …
Do ‘a Boston’ on your own organisation
Co-ordinator
Young Persons Project
Older Person’s Visiting Project
Learning Disability Education
£30,000
£20,000 £20,000 £20,000
Young Persons Project £30,000
Older Person’s Visiting Project
£30,000
Learning Disability Education
£30,000
Price is not just about front end cost, but also:
Back end cost
and more importantly
Value to the buyer
How much for• A 100 gram jar of Beluga Caviar?
• £400
• The world’s most expensive street legal car?
• Bugatti Veyron $1,700,000.
• Most expensive curry
• £2,000
• How much to join MBA’s Knowledge Bank Membership
• Free (but priceless).
• Bottle Blue Nun with Gold Flakes
• £7.99
Success in selling this is
directly linked to, and depends
upon, ‘so what?’
Get the Mindset
Who?