Key milestones -review from BDM tools-

Developing genetic algorithmic reactions (how to proffit from the cause-effect of others):

8 Sales and Marketing KPIs to Track

  1. Cost per Lead (CPL) ...
  2. Marketing Qualified Leads (MQLs) ...
  3. Customer Retention. ...
  4. Cost per Customer Acquisition. ...
  5. Marketing ROI. ...
  6. Sales Qualified Leads (SQLs) ...
  7. Opportunity-to-Win Ratio. ...
  8. Sales Revenue.


Measuring Business Performance

  1. Look At Your Business's Financial Statements. ...
  2. Check Customer Satisfaction. ...
  3. Average How Many New Customers You Get. ...
  4. Conduct Performance Reviews. ...
  5. Stay Current On The Market. ...
  6. Assess Your Own Expectations.


Sales KPI:

One of the most important KPIs for sales is the magic number, the lead conversion ratio – ostensibly the amount of interested people that turn into paying customers. Some businesses have a 1 percent conversion rate and others might even reach 10 percent, and either could be succeeding in their field.


7 Elements of a Business Development Plan

  1. Define Goals. Without a strategic plan in place, most high level business goals are never accomplished. ...
  2. Develop Profiles. ...
  3. Explore Marketing Channels. ...
  4. Establish KPIs. ...
  5. Evaluate Customer Service. ...
  6. Analyze Resources. ...
  7. Share Information.

8 Tips for Successful Business Development

  1. Hire the Right Person at the Right Time. ...
  2. Know the Difference Between Business Development Vs. ...
  3. Consider Post-Deal Management. ...
  4. Focus on Quantitative, Not Qualitative. ...
  5. Fail or Succeed, Emphasize Responsibility. ...
  6. Assess the Opportunity. ...
  7. Make Deals Carefully. ...
  8. Get Legal Counsel.

 The "market algorithm" designed for you will have parts and pieces of the above considering:

  1. Your business architecure.
  2. Sales pipelines (online and offline)
  3. Infotech infrastructures you have in use.
  4. Virtualisation of escenarios (test drives and ground tests)
  5. Choices from virtual secured environments.



Comments

Popular posts from this blog

From Disability to My-Ability

IKIGAI as a tool for inclusive communities

StressCare web-app for community development