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Selling into this market requires the traditional enterprise sales approach, comprised of a large ‘boots on the ground’ field sales team that works with key decision makers (e.g. These are long salescycles, often with multiple departments and stakeholders involved. CTO, VP of HR) in the customer organization.
In this article, you’ll learn how to build a demand generation funnel that fuels the pipeline, shortens the salecycle, and generates revenue. You’ve completed customer research for your productdevelopment and positioning strategy. Obsessing over going viral. In most cases, viral posts generated less demand.
Their product definition fluctuates wildly – one month, it’s a dessert topping, the next it’s a floor wax. Their productdevelopment team is hard at work on a next-generation product platform, which is designed to offer a new suite of products – but this effort is months behind schedule.
Virality: # of users that refer your product for you: exponential growth if your K factor is greater than 1. Dropbox: first achieved growth through virality. Offline sale – typically. Long salescycle – 18 months or more. Be agile, move at the speed of business, don’t hold up productdevelopment.
I know nothing about viral marketing. Long salescycles or signed contracts that won’t pay you for months is tough as a small investor (ala elephant hunting). I don’t know how you get that many customers at scale without spending a lot. Because my $25k check isn’t going to last long.
I know nothing about viral marketing. Long salescycles or signed contracts that won’t pay you for months is tough as a small investor (ala elephant hunting). I don’t know how you get that many customers at scale without spending a lot. Because my $25k check isn’t going to last long.
As always, there are exceptions: if you build a viral consumer product (such as an Instagram) where people are just coming to your site / app in droves at no cost to you, then you’ve got a great business. Product second. Salescycles matter though. Salescycle, as a consideration, also works the opposite way.
As always, there are exceptions: if you build a viral consumer product (such as an Instagram) where people are just coming to your site / app in droves at no cost to you, then you’ve got a great business. Product second. Salescycles matter though. Salescycle, as a consideration, also works the opposite way.
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