Not exact matches
In fact, it's a process that could take minutes, days, weeks, months or
longer depending
on your business's
sales cycle.
The four critical factors are: (a) businesses with recurring revenue bases — like a renewable subscription — are far better than ones dependent
on constantly securing new customers; renewals are much easier and less expensive to secure than new
sales; (b) customer retention is absolutely critical — all customers are very costly to acquire and very easy to lose in a world of almost infinite choices; (c) businesses based
on products that require constant replacement or renewal (the «razor blade» model) are much more attractive than durable goods businesses (like selling refrigerators) where the products have very
long repurchase or replacement life
cycles and where the market could even fairly quickly reach saturation points; and (d) businesses that offer products or services that had a predictably high rate of obsolescence were much more attractive than those where the products had
long, useful lives.
Armed with the facts about
long sales -
cycle times, he has modified his plan to focus
on building a larger
sales team and putting more prospects in the pipeline.
But consumer products giants have
long sales cycles and weren't keen
on working with a startup.
This approach leads to many of the challenges that
sales teams face today, including getting undercut by the competition, dragging out a
long sales cycle, selling
on price and ultimately not hitting
sales goals consistently.
The
sales cycle on these business leads are typically
long and require multiple
sales calls over several weeks and months.
«I may want to get your cellphone number, Dr. Holdren,» said Representative Randy Weber (R — TX), «because, if we go through another few
cycles of global warming and cooling, I may need to ask you when I should buy my
long coat
on sale.»
They extended already
long sales cycles for state and district data and assessment platforms by at least two years while buyers tried to figure out the implications of CCSS and the assessment consortia
on the architecture and functionality of their statewide IIS platforms.
The 2019 Altima will replace the fifth - gen model that has been
on sale since 2012 — an admittedly
long product
cycle these days — as Nissan renews its family four - door following a redesign of the larger Maxima in 2015.
Citroën says the new diesel engine will reduce fuel consumption to 4.7 L / 100 km
on the combined
cycle -LRB--1.0 L), and says it's a fitting choice for the L2 (
long - body) variant, which is says accounts for 90 per cent of all Berlingo
sales.
Several clients were
on the radar, each having contacted me a number of times (wedding art having a rather
long sales cycle), but nobody was handing over their damned credit card, and I was getting increasingly panicky.
Reflecting
on a recent contribution to Aderant's article
on legal tech traction, I was theorizing about the
long sales cycle into the legal industry and the slow pace of technology adoption.
Law firms have notoriously
long sales cycles and this will only become more fickle as market pressures mount
on them.
This story is a great reminder, especially for those who are new in real estate or mortgages, that
sales cycles can be very
long, that we all need to have our marketing hats
on at all times, and that constant contact is essential.