article thumbnail

7 Key Factors Obscure Your Customer Acquisition Costs

Startup Professionals Musings

In all cases, you have to deal with a host of market intangibles, including brand identity and buyer preferences. I assure you of the need to really listen to customer feedback, both proactively in market studies, as well as after-the-sale reviews. Long sales cycles obscure beginning and end of costs.

article thumbnail

Common B2B Challenges and How To Solve Them

ConversionXL

From long sales cycles to trying to stand out from the sea of sameness, B2B companies face an uphill battle from the start. I recently surveyed and interviewed over 200+ B2B executives, marketing & sales leaders to find out exactly what challenges they currently face and what they are doing to overcome them.

B2B 150
Insiders

Sign Up for our Newsletter

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

article thumbnail

Pricing determines your business

A Smart Bear: Startups and Marketing for Geeks

most shared hosting companies), but they only make interesting money at large scale (by definition, because it takes over 8000 customers to make only $1m/yr in revenue), which takes a long time to grow. Again, like shared hosting companies.) Even bootstrapped businesses can make this work (e.g. This is a hard slog.

article thumbnail

Finding new Market Opportunities in Food Business: A Case Study of GOPA Pakistan

Where to Play

This infrastructure helps them to manage waiters, chefs & cooks, drivers /delivery boys, and stay in contact with the event hosts. Time to revenue is low due to short transactional volume and the short sale cycle. This opportunity has a short sale cycle with quick payments. The sale cycle with Govt.

article thumbnail

Marketing Your Startup: A Billion-Dollar Company’s First Marketer Reflects Back

View from Seed

NVV: That’s not in any book about growing a startup — “Build an interactive app to start your marketing, then host a webinar for its users.” EM: My rule of thumb is to look at the length of the sales cycle. Some startups have really long sales cycles. Should you do that at all?

Marketing 120
article thumbnail

Improving the worst experience

A Smart Bear: Startups and Marketing for Geeks

Still, it was early in our life and we wanted every customer we could get, especially since they were willing to pay a good rate for hosting. We did learn from the experience — we did a post-mortem and decided what evidence should have stopped us from accepting the account, and now we build that into our sales cycle.

article thumbnail

Not Making Sales? Is Your Product, Sales Team, or Sales Process the Cause?

Small Business Force

After some review and analysis, we learned that the sales cycle (from the initial intro to contract) for this product was, actually, an average of 6 months. This has resulted in some significant new customers and contracts and a host of new prospects. The Right Sales Process Selling is a process, not an event.

Sales 30