Remove Consult Remove Cross-sell Remove Profit margin
article thumbnail

How to make the jump from product-market fit to platform-market fit

Martech

Source: GTM Partners, 3Ps GTM Maturity Model It’s not just about selling more products. He’s not just selling individual products; he’s bundling solutions that solve pain points across multiple areas of a client’s business, increasing cross-product value and making the platform more attractive and sticky for customers.

GTM 108
article thumbnail

Sales Quota: The Complete Guide to Hitting & Crushing Quota in 2023

Veloxy

It can be based on various metrics, such as sales volume, revenue, or profit margins, and is used to track progress and assess performance. This target can be set based on sales volume, revenue, or profit margins, among other metrics. Types of sales quota 1. 3 Strategies for meeting sales team quota 1.

Quota 246
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Bow Tie Funnel

Heinz Marketing

It is clear through numerous studies on this topic, that the longer our customers stick with our business, the higher the profit margins will be. Reach out to us for a free 30 min consultation! According to Freshworks.com customer retention is 5-25 times cheaper than customer acquisition. What is a Bow Tie Funnel?

article thumbnail

Maximizing Salesforce ROI in 2023: Strategies and Metrics to Consider

Veloxy

Additionally, businesses should consider leveraging external expertise, such as consultants and specialized service providers, to assist with customization and integration projects, ensuring seamless implementation and maximum ROI.t Maximizing Salesforce ROI requires engaging skilled independent consultants with agility and speed.

article thumbnail

How Consumer Spending Trends Impact Your Recession Sales Strategy [Data + Insights]

Hubspot

Here, we cover the top consumer spending trends in 2023, along with five key strategies for selling during an economic downturn. Table of Contents Top Consumer Spending Trends in 2023 Strategies for Selling in a Recession Top Consumer Spending Trends in 2023 1. Let's take a look at a few strategies for selling in a recession.

article thumbnail

How B2B GTM Teams Win and Expand Key Tier 1 Accounts with ABM

Sales Hacker

An e-commerce tech firm learned that there should not be a hand-off between sales and marketing once selling conversations begin. There’s also a huge gap when it comes to penetrating new business units or in cross-selling/upselling. Even though revenue derived from existing customers account for 70.1%

GTM 113
article thumbnail

The Beginner’s Guide to SaaS Conversion Optimization

ConversionXL

Expansion MRR: Expanded revenue from existing customers, usually from upsells and cross-sells. What upsells and cross-sells can be given to the best customers? Gross margin. Knowing your CAC will help you with: Determining your actual profit margins. Optimizing customer lifetime value. Free trial?