article thumbnail

3 Reasons to Market Your Small Business Like A Drug Dealer

Sales and Marketing Management

Author: Andrew Frazier You need to market your small business like a drug dealer. It does until you take a closer look at their marketing and sales strategy. Small business owners can learn a lot from analyzing what drug dealers do in terms of defining their target market, performing marketing activities, and building relationships.

article thumbnail

How Much Leads Cost

Pointclear

see marketing charts analysis of HubSpot’s “2017 Demand Generation Benchmarks Report” ). The EVP of Sales at this client, a big division of one of the world’s largest software companies, said that he received zero qualified leads from marketing—except for the PointClear outbound leads. per gross lead). You can read more here.

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 Value Deficit – Sales eXecution 271

The Pipeline

Sales is very much a balancing exercise, somewhat like a scale, to keep balanced, you need to ensure that there is as much weight on one side as there is on the other. With better margins, can they increase targeted market share, which in turn helps them negotiate better terms with suppliers, etc.

Lead Rank 299
article thumbnail

Do You Really Know Your Best Customers?

SBI Growth

The SVP knew these details because he had just conducted an Account Prioritization exercise. This was due to a lower sales margin and an increased cost to serve. Marketing and Sales were not even targeting this segment. Marketing and Sales were not even targeting this segment. This was an unexpected finding. Expect more.

Customer 308
article thumbnail

Setting Your Strategic Direction

Sales and Marketing Management

Research out of Harvard Business School over a 10-year period showed that companies with clearly defined and well-articulated strategies outperformed their counterparts, on average, by 304 percent in profit margin, 332 percent in total sales and 833 percent in total return to shareholders. What are you trying to achieve?

Journal 237
article thumbnail

Ultimate Pricing Power Part III: THE GROUNDWORK OF EFFECTIVE PRICING STRATEGY

Mereo

THE 5 GOALS OF PRICING In order to realize success in the end, your leadership team must first identify which goal your exercise will help fulfill. Five common pricing goals include: Alignment with Financial Plans and Strategy: Defined in specific revenue targets, revenue mix, growth rates and margin targets over time.

article thumbnail

Differentiators – Stand Out From Your Competition

Lead411

A market research blog by Priority Metrics Group states that a “difference is worth establishing when it meets at least one of the following criteria:” . Profitable: contribution (margin times volume) exceeds cost of difference. This was a useful exercise to identify what words our customers are using when describing Lead411.