Progressus

NOVEMBER 27, 2023

Although it might appear as though you’re saving costs when you don’t spend money updating your digital product, it might cost you much more over the long haul. Some of our clients have started with CRM implementation, for example, and then moved on to back-office ERP and Project Management and Accounting.

System 52

System ROI Software Government 52

Harvard Business

MAY 25, 2016

Sales reps are most effective when they have the right amount of support staff, but exactly how much support staff does a company need, and how should it be structured? Call it a Goldilocks quandary: Too little support, and your sales people can’t do their jobs well; too much, and you’re wasting money.

Sales 31

Sales ROI Efficiency Operations 31

Buzzsprout

MARCH 28, 2024

It's an excellent time to learn how to harness this medium whether you're a podcaster selling ad space, or a brand looking to promote your product. If you plan on buying ads via a CPM model, running your campaign cost (or "ad spend") through a CPM calculator can help determine whether your ROI will be worth your investment.

Advertising 75

Advertising Tools ROI Productivity 75

Harvard Business

JUNE 12, 2017

Yet, when it comes to equipping sales teams with relevant knowledge and skills, the ROI of sales training is disappointing. As alarming as those numbers are, they shouldn’t come as a surprise if you consider how sales training is usually conducted. They don’t need to know how to do those jobs.

Sales 30

Sales Training Training How To 30

Asamby Consulting

DECEMBER 14, 2022

They support you in making fundamental decisions regarding your product, your service, your pricing or your target market. They're typically engaged by clients who have solid sales or have seen tremendous growth and struggle to keep up with delivery. Your ROI would be 100%. It's an easy decision to invest 25,000 to achieve that.

Small Business 52

Small Business Cash Flow Consulting ROI 52

Harvard Business

OCTOBER 30, 2018

By Brian Selby, Senior Vice President, Worldwide Sales Operations, Tableau Software. How often is your sales team making important decisions based on gut feel? Are your sales resources allocated properly to drive growth? Historically, sales has been labeled an art. Why does this happen in so many companies?

Sales 28

Sales Data Enterprise Operations 28

Rick Conlow

OCTOBER 19, 2023

International Coach Federation (ICF) Research: The ICF conducts extensive research on coaching, and their studies have found that 70% of individuals who received coaching reported improved work performance, communication skills, and productivity. It found that training alone increased productivity 22.4%. See this example.

Training 86

Training Training Leadership Development 86

1 to 1

NOVEMBER 16, 2022

Locking in valuable customer relationships is a strategic capability that allows firms to stay extremely close to customers to gain valuable insight on where to make incremental investments that will generate ROI quickly and improve the experience. Don’t throw new products and services at customers without a clear need.

Balance Sheet 26

Balance Sheet ROI Operations Media 26

Tom Spencer

AUGUST 17, 2019

years ago my touchpoints with blockchain increased, for example, while writing my master degree thesis on “Possible Applications on Health Data and Health Insurance” I interviewed someone in the health space that was working on a blockchain project for his health data startup. Let’s take a product, a banana, as an example.

Case Interview 60

Case Interview Retail Examples Sales 60

Harvard Business

JANUARY 2, 2018

Later, marketers found themselves working backward to connect their social strategy to business strategy, as managers demanded greater proof of ROI. Unless you connect your social media actions to broader business goals from the beginning, ROI can be elusive, and social media becomes an end unto itself.

Media 35

Media ROI Company Metrics 35

Steve Shu Consulting

MAY 10, 2010

This part also frames open strategy in terms of four objective areas (applicable to company/brand/product) of learn, dialog, support, and innovate and increasing levels of engagement with constituents. The use of checklists and case examples makes for a nice reference and workbook to drive an organization’s development process.

Leadership 150

Leadership ROI Media Guidelines 150

Harvard Business

JUNE 30, 2017

Almost half (49%) said that it was difficult to ensure a return on investment (ROI). This is a particularly acute issue at the entry level, where employers have come to accept that high levels of attrition and low levels of productivity and quality are normal. These metrics can be converted into an estimate of ROI for the employer.

Training 31

Training Training ROI Metrics 31

Progressus

OCTOBER 27, 2023

Professional services is an expansive space spanning several industries – consulting firms, software publishers, IT service providers, even manufacturers and distributors that offer post-sale services — each with its own set of challenges, regulations, and opportunities. They provide customized, knowledge-based services to their clients.

Industry 52

Industry SMB Software Talent 52

Effective Managers

JANUARY 31, 2022

If the ROI were not there, the investments would not be made. In my experience with small and medium sized businesses, they are very good at production, and they are very good at sales. For example – the growing company is facing issues in project management. But it typically doesn’t go beyond that.

Consulting 52

Consulting Research Industry Report 52

1 to 1

OCTOBER 12, 2020

Mention digital transformation to a CFO, and you would likely get push-back about big expenses and little ROI. And they show immediate outcomes, recouping costs and generating ROI, sometimes in a matter of days. Then the pandemic happened. Why are they so important? Because they don’t break the bank.

ROI 26

ROI Healthcare Insurance Insurance 26

Prudent Pedal

MARCH 27, 2020

Her example inspired me to share my own lists, both Work and Personal, with my prudent readers. Accelerate Rattle and Pedal podcast production to bank as many episodes as possible-With busy schedules and family demands, Jason and I can find it difficult some weeks to keep to our recording schedule.

Journal 72

Journal Video Marketing ROI 72

Harvard Business

SEPTEMBER 25, 2018

The most common ways of doing this are to send executives to build personal relationships with international business partners and to hire local distribution partners — or independent, third-party intermediaries — to represent their products or services overseas. For example, consider Dez Blanchfield , whom I interviewed.

B2B 29

B2B Education Media B2C 29

Tsavo Neal

JANUARY 25, 2018

Selling productized consulting. ROI calculator. Examples: Quality Progress. Examples: I Spent $400,000 on Facebook Fans. Examples: How to Use Your Website to Convert Consulting Leads into Clients. Examples: What CEOs are reading in 2017 . Examples: 3 Proven Innovation Strategy Examples.

Consulting 68

Consulting Advertising Case Interview Conference 68

Harvard Business

JANUARY 3, 2017

As pressure intensifies to reduce prices, either by cutting the list price or offering a discount, managers may act hastily, without the same rigor they apply to investments elsewhere, such as capital deployment or product enhancements. All too often they don’t.

Retail 36

Retail Survey Bain Comparison 36

Harvard Business

MAY 25, 2016

However, looking at the surveys and consulting reports, it is unclear what the precise use cases are that will drive this positive ROI from big data. The first use case involves predicting demand for consumer products that are in the “long tail” of consumption. Improved pricing.

Data 37

Data Advertising Operations Case Study 37

Harvard Business

NOVEMBER 7, 2017

The lack of narrative is particularly a problem in the relationship between sales and marketing. This behavior is a result of the underlying mental models of sales and marketing. Salespeople see the world as prospects and products, offers and opportunities. To a marketer, sales is a channel for reaching their audience.

Strategy 33

Strategy Strategy Strategy& Metrics 33

Tsavo Neal

OCTOBER 31, 2017

Example include formatting documents, putting graphics into presentations, adjusting spreadsheets, updating text or images on your website, uploading blog posts, going to the post office, and bookkeeping. Outsourcing tasks that take time away from your most important activities (marketing and sales) is as critical as marketing/sales itself.

Consulting 60

Consulting Sales ROI Marketing 60

Harvard Business

MARCH 22, 2017

Marketers need to master data analytics, customer experience, and product design. We asked them for examples of creativity in marketing that go beyond ad campaigns and deliver tangible value to the business. This includes the product, the buying process, the ability to provide support, and customer relationships over time.

Marketing 36

Marketing Agile Fashion Sales 36

Harvard Business

AUGUST 29, 2018

There’s still much to learn when it comes to digitizing business processes, and in particular using automation sprints—those smart, fast, and small efforts you use to boost productivity when a change to enterprise architecture isn’t the right step. Shift 1: Automate with a product mindset.

Strategy 28

Strategy Strategy Strategy& Agile 28

Harvard Business

MAY 7, 2018

How exactly are they doing that, and thereby realizing further gains in ROI? As a result, the brand substantially increased conversion of searches to sales of its cold medication, building greater brand loyalty at the same time. For example, leaders in North America are 1.6 ” Speed.

Marketing 28

Marketing Bain Advertising Data 28

Harvard Business

OCTOBER 10, 2017

One reason for the paltry performance is that while other business areas, like sales or finance, are considered to be core functions, innovation is often considered to be something that’s “nice to have” rather than essential. That’s why successful innovators prepare for irrelevance long in advance.

ROI 28

ROI Operations Enterprise Research 28

Harvard Business

NOVEMBER 14, 2016

They undermine productivity and account for more than 85% of health care costs — a big reason premiums for employer-sponsored health care have increased by 123% since 2000 while wages have increased by only 43%. One example is Omada Health , which modeled its product after the landmark Diabetes Prevention Program study.

Metrics 28

Metrics ROI Journal Study 28

Harvard Business

AUGUST 29, 2016

In the search for profitable organic growth, more and more companies are making major investments in optimizing the end-to-end customer experience – every aspect of how customers interact with the company’s brand, products, promotions, and service offerings, on and offline.

Retail 37

Retail Apparel Financial ROI 37

Tsavo Neal

APRIL 27, 2017

So, I beg you, don’t design your own sales materials. Many sales are won and lost by simply by how you graphically represent yourself.” Whether you are selling productized consulting on your website or use it as a way to foster interaction with potential clients, B2B buyers expect to be able to purchase your services.

B2B 60

B2B Marketing Consulting Advertising 60

Harvard Business

AUGUST 10, 2016

Throughout the customer journey, marketing both changes brand perception and awareness and drives sales. Too often CMOs succumb to the pressure to keep costs down at the expense of their brand’s health or product sales. Simultaneously, companies need to justify marketing expenses — down to the last penny.

Media 28

Media Survey Advertising ROI 28

Harvard Business

SEPTEMBER 11, 2014

The survey asked the doctors, for example, to rate the product’s performance and to assess to what level they agreed or disagreed with statements made by the firm’s salespeople during sales calls in light of their experience with the drug.

Survey 28

Survey Pharmaceuticals ROI Benchmarking 28

1 to 1

DECEMBER 13, 2021

It should embody your brand values and provide a shining example of what exceptional customer experiences should look like in your organization. For example, starting with the right feedback mechanisms can give you first-hand insights from customers about the new channels and capabilities available to them.

Metrics 26

Metrics Tools Case Interview Strategy 26

Emerson Consulting Group

JULY 31, 2018

Whatever promotion money, for example, that a publisher may have on hand is typically reserved for its highest-visibility authors, e.g., famous film stars, top CEOs, political celebrities, and (of most interest to a publisher) a previously best-selling author. Unfortunately, for the most part, nothing could be further from the truth!

Film 40

Film Advertising Media ROI 40

Tsavo Neal

JUNE 26, 2020

Should you put your service/product “price” on your website, if that service/product requires first a consultation over the phone? If you’re selling a “product”, put your price on your website. Example : You’re a conversion-rate optimization consultant. Their website’s sales conversion rate is 1.4%.

Consulting 15

Consulting Productivity ROI Case Study 15

Kates Kesler

JUNE 11, 2014

Royal Dutch Philips is a $20B diversified consumer electronics, healthcare, and lighting products company. He reset collaborative P&L metrics and business review processes, shared by the region leaders and the global product leaders, to form tight “business handshakes,” that he regards as the center of a granular set of growth strategies.

Apparel 82

Apparel Healthcare Enterprise Chemicals 82

Harvard Business

JUNE 13, 2018

No longer do consumers need to do their own background research on a product or company to find what they are looking for. Research from McKinsey found that personalization can deliver five to eight times the ROI on marketing spend and can lift sales by 10% or more. It’s a good time to be a consumer.

Data 30

Data Marketing ROI Research 30

Harvard Business

AUGUST 1, 2017

Sales isn’t what you do. But those same managers have come to recognize that the ROI for enabling this development is enormous. It meant giving up between one-quarter and one-third of the CTO’s productivity, but this time was being used as an investment in my future talent. You’re not a data scientist.

How To 28

How To Development Metrics Talent 28