Sarastro – Pioneer in Confocal Microscopy & 3D Reconstruction
The Challenge
This confocal Pioneer held the original patent for 3D construction from confocal sections. Their initial attempt to penetrate the US market via a local but well-respected microscope dealer resulted in little national visbility and, in 18 months, the sale of only ½ of a system. The question: How to create immediate visibility in the US arena that would drive sales.
The Impact
T/MIP’s President & Chief Strategic Consultant, Barbara Fsoter, joined the Sarastro team full time, as Technical Marketing Manager, contributing to dynamic and sustained growth.
- Within 6 months, rose to successfully compete with top tier, with high national and international visibility
- Within 6 months, Frost & Sullivan ranked Sarastro as “…a strong second in an aggressive international field of five”
- Within 3 years, sales escalated from $0 to a projected $3.5-5M
Of note: Sarastro was acquired twice, at the end of Y1 and in the early days of Y3. Both acquisitions were structured by the Swedish parent company. The US sales & marketing organization stayed in place after the first acquisition and continued their meteoric drive. However, the second acquiring company disbanded the US sales and marketing organization. The result: within 3 months, they all but disappeared from the confocal market.
What we did
- Devised and implemented a Strategic Plan
- Partnered with antoher key manager to open & manage the US office and demo facility
- Created and implemented a full FlightPlan (integrated marketing & sales support program)
- Wrote seminal article on confocal which appeared in multiple trade publications (American Lab, American Clinical Lab, 1990, and International Biotech Lab)
- Developed and implemented extensive collateral program including brochures, mulitple Preshow mailers
- Organized & delivered dealer training
- Conducted field demonstrations & installations
- Developed and delivered tradeshow tutorials and technical papers
- Created and presided over Full day / Pre-conference workshop (Within 2 years, doubled conference attendance from 350 to over 700!)
- Acted as “COO” for US management team, structuring an alternative North American buy out
· Co-authored business plan for alternative North American buy-out
· Presentated to acquiring management : “How we got so far so fast”