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Account-Based Marketing vs. Lead Generation: Which is Right for You?

ConversionXL

Where lead generation casts a wide net, ABM uses a spear to target and catch the best fish. It flips the traditional sales funnel on its head, ditching the one-size-fits-all approach to marketing in favor of a land-and-expand approach. To return to our earlier analogy, it’s using a net to catch large schools of fish.

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5 Key Growth Metrics Every Enterprise Startup Should Track

YoungUpstarts

But keep in mind that enterprise sales cycles are typically longer and revenue growth will vary wildly. The payback period is the amount of time it takes to recoup your acquisition cost. If your payback period is any longer than this, you need to assess the ratios below to determine where to raise prices and cut costs.

Metrics 219
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Critical Key Performance Indicators (KPIs) for Founders

Up and Running

A data-driven approach can help you make accurate and timely business decisions to meet market demands and improve cost-efficiency. Net Promoter Score (NPS): measures customer loyalty and satisfaction, which is essential for customer retention and referral marketing. Sales KPIs. “What gets measured gets done.” . Marketing KPIs.

Founder 71
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The Modern Approach To Account Based Marketing

ConversionXL

The lower ACV also means the switching costs are low, churn is likely higher & the lifetime value of a customer is lower. That’s a high level view, now let’s walk through an example scenario for each: Most B2B sales cycles are account-based and not end-user-based. This is where you’ll see more ABM plays.

IP 98
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Gain Freedom With The Hands Off CEO Blueprint

Duct Tape Marketing

As a former business exit advisor, she crafts exit strategies, adding up to five figures to clients’ net profit monthly so they can focus on growth. But that comes at a cost. And then what happens is, meanwhile, as you're going and doing that, working in the business, then you're like, oh crap, our sales are down.

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A new field guide for entrepreneurs of all stripes

Startup Lessons Learned

But commercial fishermen have to -- day in, day out -- in good weather or in bad -- acquire their target fish and then sell it for more than cost of catching it. What are the value propositions, benefits and the messaging (bait), the pricing structure and channels (tackle), and length of sales cycle (how likely a fish will snap your line)?

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Funnel Analysis: Finding and Fixing Conversion Problems with Google Analytics

ConversionXL

Ideally, you’ll wait for a month to get at least one well-rounded sales cycle to use as a baseline. The reason to focus on those elements is that they represent the primary source of friction and funnel dropouts (in this specific case), so solving issues in these spots can net a substantial increase in number of conversions.

Analytics 126