Let's have some fun with numbers.
Let's assume that you are a business owner and your situation is described in the following assumptions:
Current Pipeline: < $500,000
Average no. of proposals per year: 50
Average closure rate on proposals: 20%
Average no. of contracts per client: 1
Average contract amount: $200,000
Average no. of calls to generate a proposal: 100
Based upon 10 contracts per year, your company is generating $2 million per year. At 20% conversion, you would have generated 50 proposals and needed about 5000 contact actions. By the way, the pipeline might be $500K or it might be $0 if you consider the 20% converstion rate.
Now, let's increase our efficiency by 20%:
Average no. of proposals per year: 60
Average closure rate on proposals: 24%
Average contracts per client: 1.2
Average contract amount: $240,000
Average no. of calls to generate a proposal: 80
Based upon 17 contracts per year, your company will generate $4.14 Million per year.
ConcentRx works because we focus upon those areas which affect buying behavior: Confidence in the value proposition, leading instead of following the market, market analysis and fundamentals, targeted marketing and sales efforts based upon planning and execution, market-driven pricing analysis and allocation of resources.
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