Services — Monona Technical Resources, LLC

Services

Helping Life Science Companies, and their shareholders, align around a validated commercial strategy, enabling the highest probability of achieving successful commercial execution, validated product-market fit, and exceeding revenue goals.

At its core, Monona Technical Resources is a consulting services organization, founded to provide valuable sales, marketing and business development services to organizations. A variety of client types use our services for many reasons, including:

New Organizations / Startups

  • Go-to-Market strategy / Sales plan development for a pre-launch of a new product
  • Business development services, prior to recruiting the broader Commercial team, to engage Early Adopters and validate product positioning
  • Minimum viable product assessment; possible markets to generate early revenue, before full commercial launch
  • Commercial rampup; utilizing a strategic partial headcount in the commercial organization, assessing sales yield before investment in a broader team

Commercially Launched Organizations

  • Marketing/Sales strategy assessment based on missed sales targets, and slow product/service adoption in the marketplace
  • Voice of Customer interviews/analysis as a component of commercial strategy validation
  • Lead development and pipeline building strategy and/or execution for a new product or new market
  • Outsourcing assessment/Vendor analysis

Investment Entities

  • Failure to launch, Repetitive missed revenue targets — Assess and Validate current Sales & Marketing strategy and implement a correction based on data
  • Repetitive team turnover
  • Lack of bandwidth with existing FTEs
  • Commercial assessment prior to reinvestment
  • Voice of Customer analysis to validate positioning assumptions

Other Sales & Business Development Functions

  • Sales Outsourcing Assessment/Plan
  • Prospect Generation: KOL; early adopter; by market / application / persona
  • Lead Generation: KOL; early adopter; by market / application / persona
  • CRM optimization
  • Sales tools/collateral
  • Marketing tools/collateral
  • Competitive assessments
  • Demand generation strategy/functions
  • Customer retention analysis/plans

What to Expect

Deliverable Examples

Go-to-Market Strategy Development

  • Company informational interviews and assessments of existing sales and marketing plans
  • Voice of Customer interviews and analysis (validation of product-market fit)
  • Market segment analysis
  • Competitor research and assessment
  • Pipeline and forecast development, review, and analysis
  • For existing Go-to-Market Strategies and Plans, this same exercise, or a modified version, is also used as an external validation of Product-Market Fit
  • When properly executed, the questions answered in this journey are also key to defining a Customer Acquisition Process, enabling the development of critical organizational Playbooks: Sales, Marketing, Product, and Customer

Go-to-Market Plan

  • This may be developed at the same time as a Global Marketing Plan in small or early-stage companies, to include:
  • Timing · Targeting · Positioning
  • Partnerships/Alliances · Product · Distribution
  • Communication · Pricing

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