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Why You Need Full-Circle Sales at Every Stage in the Buy Cycle

The Pipeline

You can, by using every stage in the buy cycle to your advantage. What is the Buy Cycle? Here’s how you can incorporate full-circle sales at each stage in the buy cycle. Before a customer buys from you, she has to know you exist. Sooner or later, your customer will want to buy more. Repurchase.

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Customer Retention Playbooks 101: Building a Structured Approach to Keeping Customer Happy

Sales Hacker

While the link between retaining customers and profitability is pretty well understood, most companies still approach customer retention with piecemeal initiatives. That’s why closing this gap between what you hope the customer feels and their actual view about your product/service is at the heart of retention.

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Our Job Is Helping The Customer, But All We Do Is Focus On Beating The Competition….

Partners in Excellence

The old Challenger data shows customers typically involve vendors when they are about 60% through their buying process. That data is at least 10 years old, and based on what we see in most buying cycles is that buyers defer vendor engagement until as late as possible. And we see buying cycles reduce by 30-40%.

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We Are Efficient, But Are We Effective?

Partners in Excellence

Are we helping customers move those opportunities through the buying cycles and winning a sufficient number of those? Are we maximizing retention to leverage the accumulated experience of those people to drive higher levels of performance and productivity? What do we have to do to reduce that to 500, or 250, or 50?

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Problem Or Product Focused Selling?

Partners in Excellence

We see the data on this struggle, the increasing number of change/buying projects that end in no decision made, the increases in buyer regret, the increasing length of complex buying cycles. Win rates are plummeting, customer experience/satisfaction is declining (critical to laying the ground work to retention renewal).

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And We Call This Progress?

Partners in Excellence

Buying cycles have gotten longer. Customer preference on “rep-free” buying experiences have gone from the low 40s to over 60%–with some research showing 72% preferring rep-free experiences. And we see data on increasing customer disappointment in the buying decisions they have made.

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6 RevOps Strategies to Get You Through Economic Hardship

The Spiff Blog

Optimize your buying cycle from lead to close. By optimizing your buying cycle from lead routing to onboarding, you can ensure that there are fewer unnecessary drop off points and inefficiencies along the way. Prioritize customer retention. During periods of economic hardship, every qualified lead counts.