In B2B marketing, managers typically prefer to develop cost cutting strategies rather than come up with ways to increase revenues.
(prHWY.com) November 19, 2012 - Mumbai, India -- It's somewhat easier to reduce expenses by eliminating processes, consolidating vendors or, in a worst case scenario, laying off staff. Just like your personal budget, businesses can always find areas to trim expenses.
However, developing plans to increase revenue often takes more thought and analysis. Solutions usually become very involved and may require additional
staffing resources. Other complex options surface too, including expensive
market research, multiple concurrent lead generation campaigns, or creative
sales promotions that may require reducing the fees for your products and services.
What typically misses the short list of ideas in
B2B marketing, unfortunately, is managing existing leads. Companies of all sizes can increase revenues substantially just by working the current sales pipeline.
Lost Revenues from Weak Lead Management Practices B2B marketing requires a regular flow of qualified leads to be successful. And, to increase revenues, these qualified leads must be expertly managed. Poor lead management practices put millions of dollars in potential sales revenues at risk.
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