Common Questions About Revenue Generation:
How many hours a week do sales reps spend actually selling?
Elaborate studies have been conducted to answer this question. The results indicate that most companies fall between a low of 2% (less than 1 hour a week) up to 20% (12 hours a week). Your reps are busy 40 hours…so what are they doing? Typically, things such as writing reports & letters, attending meetings, writing proposals and bids, cold calling from a list, following through on the production of a previous order, and so on and so on. What if you could put a structure in place that tasks most of those assignments to people who are cheaper, or better, at doing them and letting your sales reps, well…SELL?
The cost of sales/marketing is frequently the largest single expense number on a company’s P&L. Don’t let your own internal organization get in your sales reps' way of making sales! Create a structure that give your reps 5/10/15% more selling time and you will enjoy a significant increase revenue. Start now.
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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