商务英语案例.docx
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商务英语案例
商务英语-案例
FacingBusinessChallengesatGateway2000
FromFarmBoytoBillionaire
Computers.Theoddsareslimyouwillsurvive,muchlessthrive,inthisindustry.Youhavetoguesswhatcustomerswillwantmorethanayearinadvance,eventhoughtechnologyischangingatanincrediblyfastpace.It'shardlyabusinessforcowboys-unlessyou'reTedWaitt.
Sonofafourth-generationcattlebroker,Waitt(currently34andworthanestimated$1.7billion)ridesherdoverGateway2000.TheytellstoriesaboutWaitt,andnotjustinSiouxCity,SouthDakota-Gateway'shomeland.Theytalkabouthowhebuiltafortunebytrustinghisinstinctsandmakinggutsycallsthatledtheindustry.Howheborrowed$10,000fromhisgrandmothertostartamail-ordercomputerbusiness,andhowheturnedatwo-man,farmhouseoperationintoaglobalgiant-inonlytenyears.Andtheytalkaboutthepony-tailedfarmboycladindeckshoesandapoloshirtwhoknewthatsomedayhewasgoingtorunhisowncompany.
ItallbeganwhileWaittwasworkingforalocalcomputerstore;hewasamazedbyhoweasyitwastosellcomputerequipmenttoacknowledgeablecomputerusersoverthephone.Soin1985Waitt(themarketer)teamedupwithhisbuddyMikeHammond(thetechnicalwhiz),andthetwostartedasmallmail-ordercomputerbusinessoftheirown.WaittandHammondworkedlonghours-fromtheirupstairsofficeinWaitt'sfamilyfarmhouse.
Theirbigbreakcamein1987,whenTexasInstruments(TI)decidedtostopmanufacturingitsowncomputersandinsteadsellonlyindustry-standardIBM-compatiblepersonalcomputers(PCs).Ofcourse,ownersofTIcomputerscouldtradeintheirequipmentfornewerIBM-compatiblecomputers,butfirsttheywouldhavetocoughup$3,500.WaittandHammondknewtheycouldprovidethesamecomputerequipmentTIwasoffering-andatamuchcheaperprice($1,955).Theydidthisbyfindingthebestdealsoncutting-edgecomputercomponents,andassemblingthecomponentstobuildtopqualitycustomPCs.Becauseallsalesweremade-to-orderandtransactedoverthephone,Gatewaycouldaffordtogivecustomersmorecomputerfortheirmoney-astrategyfromwhichthecompanyhasneverveered.
Withinthreeshortyears,thecompanywasshipping225PCsaday(eachoneinablack-and-whitecow-spottedbox),andsalesreached$70million.By1993salestopped$1.7billion,andthecompanysolditsstocktotheinvestingpublic.InspiteofGateway'sspeedytriptothetop,thecompanywasatatreacherousintersection.Gatewaywasrunessentiallybyoneguy-TedWaitt-whoreliedonhisinstincts.Andthecompanywasgettingtoobigtodependononlyoneman'sjudgment.Inordertosurviveinthiscompetitiveindustry,Gatewaywouldhavetofindwaystoexpanditscustomerbaseandmanagethecompany'sgrowth.
IfyouwereTedWaitt,whatstepswouldyoutaketobeefupbusiness?
Wouldyoucompeteonprice,speed,quality,orinnovation?
Wouldyouconsiderothersalesapproachesbesidestelephoneselling?
MeetingBusinessChallengesatGateway2000
Relyingonhisinstincts,TedWaittmadeanumberofcriticalcallsthatputGatewayinthelead.Ofcourse,Waittwasnolongeraone-manshow.Beginningin1991,hebroughtinexperiencedexecutives(fromtopcompanieslikeDigitalEquipment,TexasInstruments,andIBM)tohelpmanagethecompany'sgrowth.TogethertheybroughtGatewaytonewheightswhilestickingwithitsefficient,bare-bonesassemblyoperation-noshowroom,littleinventory,andnoretailoutlets.Infact,Gateway'ssimpledirect-salesoperationallowsthecompanytocompeteonspeed,quality,andprice.
SpeedandqualityinmanufacturinggiveGatewaythebiggestadvantage.Notonlycanspeedandqualitywincustomers,buttheywintherightkindofcustomers-thosewhoarewillingtopayabitmoreforcomputerequipment.Gatewaymoveslikelightning:
Itgetsnewcomputersoutthedoorinahurry.Theyincludeallthelatesttechnology-liketop-qualitycolormonitors,thelatestoperatingsystemandsoftware,andthemostpowerfulcomputerchip.
Ofcourse,buyingacomputeroverthetelephoneandnotseeingtheequipmentuntilthetruckdeliversthecow-spottedboxestoyourdoorstepisnotforeveryone.Gatewayattractscomputer-savvybuyerswhoneedalotlesshand-holdingandarecomfortablepurchasingfromacatalogoranadvertisement.Here'showitworks:
Thecustomercallsinand,overthephone(orInternet),designsacustom-configuredcomputersystemusingcutting-edgetechnology.Inaboutfivedays,thecustomsystemisbuiltandshipped.Becausethereisnoinventorytospeakof(computersaremade-to-order),astechnologygetscheaper,Gatewaycancompeteonpricebychangingpricesdailyandpassingthesavingsontocustomers.
Relyingonwordofmouthandastrongadvertisingcampaign(about$90millionayear),Gatewayrodeawaveofsuccessfueledbycomputerbuyershuntingforgoodequipmentatbargainprices.Gateway'ssuccess,however,didnotcomewithoutitsshareofgrowingpains.Gateway'sfirstportablelaptopcomputerwasadisaster.Failingtorecognizethatcustomershadtoseeandtouchtheproducttoappreciateitssmallersizeandcapabilities,Gatewayranintoawallbecausethecompany'scomputerswerenotsoldinretailstoreswherecustomerscouldexperiencetheproduct'sfeatures.Thislessonwouldnotbeforgotten.Othermishapsincludedsendingoutmachinesthatdidnotworkandbusyphonelinesthatkeptcustomerswaiting-sometimesforhours.Fortunately,Waittcorrectedtheseproblemsearlyonbyinstitutingvariousquality-controlmeasurestoincreasecustomersatisfaction.Andhiseffortspaidoff.By1996Gatewaywasshipping5,000to6,000computersdailyandsalesskyrocketedtoroughly$5billion.
ThatsameyearGatewaylaunchedaproductthatwaswayaheadofitstime.CalledDestination,itwasacomboPCand31-inchtelevisionsetwithawirelesskeyboard,amouse,andahome-theatersoundsystem.Learningfrompastmistakes,Waittknewhewouldhavetogettheproductinfrontofconsumerssothattheycouldseeitsfeatures.ThistimeGatewaycutdealswithretailstores.NonehadevercarriedGateway'sstuffbefore.
ButWaitt'sbiggestchallengehasbeentryingtocrackthecorporatemarket.WhereasGatewaysoldmostofitscomputerstoindividualusersandsmallbusinesses,rivalDellsetitssightsonthelucrativeFortune1000corporateaccountsandmadesomeexpensiveinvestments-like$22millioninresearchanddevelopment(Gatewayspentpracticallyzip).Despitedoublingitssalesforce,Gatewaydiscoveredthatsellingcomputerstocorporatecustomerswasnotaneasytask.Firstofall,competitorslikeIBMandHewlett-Packard(HP)havelarge,well-trainedsalesandservicestaffswhohavebeendoingbusinesswithbigcompaniesforyears.Furthermore,IBMandHPproductscanbepurchasedattraditionalretailstores.
Still,relyingonacost-efficient,bare-bones,direct-saleoperationisGateway'sstrongholdinthiscutthroatindustry.Thecompanyhasnoplanstoalteritsfundamentalsellingstrategy."Ifyoucomeseeusinthenextcentury,we'llbebigger,better,andsmarter,butfundamentallywe'llbethesame,"notesWaitt.Thatis,Gatewaywillsticktowhatitdoesbest:
churningouthugevolumesofPCsthatareequippedwiththelatesttechnologyataffordable-butnotrockbottom-pricesandsellingthemtocustomersoverthephone.