Common Questions About Revenue Generation:
What's the difference between a 'Product' and an 'Offer'?
This distinction is critical to understand in order to deliver the right message to your client. The actual product (or service) you deliver is only one part of an offer. The entire offer includes intangibles such as your delivery method, how it’s packaged, the training, the level of risk, your company image, installation, the ease of consumption and so forth.
The offer, then, is your promise. What is your company actually promising the prospect in order for them to be fully satisfied? Is everyone in your organization keenly aware of the each offer element? Are your sales/customer service reps all delivering a consistent and accurate message about your offer? If not, your offer is morphed with each rep and each sale and it will be impossible for your organization to consistently deliver on its promise to the customer.
Other common questions
- How many hours a week do most sales reps spend actually selling?
- Can we increase our success with different/better Customer Relationship Management software?
- What is Customer Lifetime Value?
- What’s the difference between a ‘product’ and an ‘offer’?
- How can I increase my return on marketing investment?
- Why do I need a CRO (Chief Revenue Officer) or "CRO Thinking"?
- Why do you call it "revenue generation" strategy instead of sales strategies or marketing strategies?
- Our market is mature; what are the best ways to grow revenue?
- What are the 4 most important Revenue Generation obligations a CEO has to his/her organization?
- What is included in a good sales activity report?
- What should we look for when hiring sales reps?
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