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In the Transform Sales Podcast #43, Amir Reiter spoke to Ray Ruecker, Managing Director and Chief Connecter at Connect5000, about some of the main mistakes that buyers make when hiring a Sales Agency. Ray underscores the significance of market validation and the importance of identifying your target audience before attempting to grow your business.
In case you missed it…. these are the highlights
Who are your agency’s best fit customers (as defined by Products they sell and markets they want to sell into)?
Connect5000’s best-fit customers are SaaS companies, Managed Service Providers (MSPs), and tech consulting firms with high average contract values and good closing rates.
“Avoid trying to be a generalist and focus on being a specialist. Define a crystal clear target audience and a realistic value proposition for your business…”
What are the Top 3 tips you would give Buyers to increase the probability of achieving the result they want FAST with your agency?
- Don’t be afraid to eliminate potential clients outside your target market. If you keep a clear focus, your website visitors and potential clients will know they are part of your target audience, which increases the probability of achieving your desired sales results.
- Focus on the right metrics. Don’t get caught up in vanity metrics such as the number of dials you make. Focus on the number of MQLs, SQLs, leads generated, and meetings set. These are the metrics that matter and will ultimately lead to success.
- Make sure you have market validation before hiring a sales agency. Educate yourself on this topic and be sure to prioritize market validation before seeking out a sales agency.
“…Find out who wants your product before building it. Ensure you have a baseline model and test it in the market before investing millions into development…”
Educate yourself on this topic and be sure to prioritize market validation before seeking out a sales agency.