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Depend on Recurring Revenue? Here’s How to Contain Creation Costs

Braveheart Sales

But for businesses where the costs of creating new customers are measured by lenders to determine the health of that business, they are especially important to manage. The session, which featured a group of senior and sub-debt lenders, discussed recurring monthly revenue, customer attrition rates and the cost to create new customers.

Revenue 52
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Revenue Performance Management: Doing For Revenue What ERP Does For Ops?

Pointclear

In a recent article on Revenue Performance Management in Marketing Automation Software Guide, Lauren Carlson does a nice job of providing a context for the RPM discussion by differentiating it from marketing automation, reviewing the factors motivating its advancement, and raising good questions.

Revenue 150
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Insights on Outbound Conference in Atlanta

Pointclear

Sales is NOT customer service.”. She gave the example of one blog post that had tens of thousands of readers but produced no business, another post had 17 readers and resulted in revenue for her business.). I’m able to reach many more companies and salespeople through my video streaming programs. Some Additional Take-aways.

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True Story: Without a marketing plan, he planned to fail!

Pointclear

Get an 800 number for our customer service line. Rather than take him down an embarrassing path by asking questions he didn’t want to answer, I instead asked him if they had any three-to-five-year revenue or market share goals. Objectives are often focused on revenue targets, new product introductions, etc. I inquired.

Margin 203
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Salespeople Must Accelerate Response or Fail

Pointclear

Our customer service experts will help you with those questions.”. This is one of the 56 reasons companies fail to reach revenue forecasts and what to do about them, which appears in a recently released ebook: How to Turn Around Failing Sales available at the Sales Lead Management Association.

Proposal 124
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PowerViews with Bob Thompson: Evolving from RPM 1.0 to RPM 2.0

Pointclear

The Role of Revenue Performance Management in Marketing and Sales Alignment. Bob says customers value dealing with employees who have the power to act. Examples can include employees being able to spend money in customer service, issue a refund or negotiate price without checking with managers. Habit 3: Empower employees.

Inbound 145
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Marketing Automation is Not Marketing Strategy

Pointclear

Marketers thought that the new CRM software would solve their customer service and customer retention problems. Think about it: if their clients can’t get the value from the software, their revenues are going to be impacted. In other words, marketing automation doesn’t work without strategy. Expectations dashed.

Marketing 266