1.2M EUR Closed in Less than 12 months
Client
Date
November 3, 2023
Services
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The Problem
Our client had a product well adopted by the market with over 21% of market penetration in the region. They are the worldwide market leader in their category and a fast-growing publicly listed company.
But their problem was that they lacked the local knowledge and presence to developthe market further. What we found is that by adding a few methodologies and changing how deals are led,we could dramatically increase results.
Our client had subject matter experts and engineers. They were lacking the salesprocess, qualification methods and systems to reach their next revenue threshold.
The Solution
We re-launched the market by calling through all the clients and past leads. We changed terms such as default renew rates and implemented new marketing processes.
The database was re-segmented and partners relationship re-launched to obtain inside information. We setup long-term common agendas with clients and partners. Freeing resources to pursue new logo acquisition.
The Results
Increase the average deal size by 27%
16% revenue growth in the territory for the company
Revenue results for our client: 1,104,046.71EUR
Cash in the bank (Year 1):402,254.21 EUR
Expected Entreprisevalue (5.8x): 2,333,074.41EUR
Our market was one of the few in Europe to see progression with 16% growth YoY