article thumbnail

How to Increase Profit Margin: 5 Strategies for Any Business

Hubspot Sales

Every company has its eyes on its bottom line and, in turn, is mindful of its profit margin — the most definitive metric of how successful your sales efforts are, relative to your expenses. Ways to Increase Profit Margin. If you want to improve your profit margin, you can't go in blind. Focus on customer retention.

Margin 103
article thumbnail

The 18 Best Places for Sales Reps to Research Prospects [Expert Tips]

Hubspot Sales

If you show up to your meeting with some relevant tips in hand, your prospect will definitely be impressed — bonus points if you can demonstrate how your solution can remedy the issues they brought up on the platform. For example, maybe 40% of their reviews mention their poor customer service.

Research 127
Insiders

Sign Up for our Newsletter

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

article thumbnail

Why Process Strategy is Key for Sales Ops Success

Hubspot Sales

Without these documented procedures, employees are forced to start from scratch every single time, leading to wasted time, energy, and money — along with stress on your team and customer frustration. The good news is that with a little preparation, this problem is easily remedied. Customer Service.

Strategy 132
article thumbnail

Top Ten Sales Tips

Sales Overdrive

So CEOs must speak the language and be personally involved in sales pursuits with key prospects and other aspects of the growth agenda including product development and customer service initiatives. CEOs must mobilize the entire culture as a selling machine focused solely on winning new customers and expanding customer relationships.