Steve Tafaro

Author's details

Name: Steve Tafaro
Date registered: April 21, 2011

Latest posts

  1. Value Creation Series Question #7: How can sales productivity be improved? — February 20, 2012
  2. Value Creation Series Question #6: Are small and early stage technology companies generally equipped to change their sales and marketing practices in order to make them more effective? — February 13, 2012
  3. Value Creation Series Question #5: Why are the traditional sales and marketing practices not working as well as they have worked in the past? — February 6, 2012
  4. Value Creation Series Question #4: If sales growth is the most important contributor to value for small and early stage technology companies, are CEO’s generally pleased with their company’s sales growth? — January 30, 2012
  5. Value Creation Series Question #3: Are the value drivers different for companies delivering a subscription-based service? — January 23, 2012

Author's posts listings

Feb
20

Value Creation Series Question #7: How can sales productivity be improved?

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After studying the sales practices of leading organizations, Tafaro & Associates found the following practices to be extremely important in combating the challenge of sales force productivity: Develop a symbiotic relationship between sales and marketing aligned with the way your prospects chose to buy. Implement demand generation and social media marketing using a problem-based approach. …

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Feb
13

Value Creation Series Question #6: Are small and early stage technology companies generally equipped to change their sales and marketing practices in order to make them more effective?

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For most companies, especially small organizations, sales force restructuring is viewed as a daunting task.  In this hectic business climate, the revenue and profit pressures of the month tend to take over, leaving sales management with little time to revamp old selling styles, and so the cycle continues.  We listen to managers complaining that there …

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Feb
06

Value Creation Series Question #5: Why are the traditional sales and marketing practices not working as well as they have worked in the past?

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The evolution of communication and information access has dramatically changed the way in which products are bought and sold.  Years ago, customers had limited access to information without seeing a salesperson.  Not anymore.  Today, buyers experience information overload and face a myriad of product offerings from vendors coming at them through multiple media.  Every day …

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Jan
30

Value Creation Series Question #4: If sales growth is the most important contributor to value for small and early stage technology companies, are CEO’s generally pleased with their company’s sales growth?

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Recent studies show that although sales productivity is the number-one business initiative on CEO’s agendas, the sales and marketing practices employed today by most organizations are too expensive, too unpredictable, and generally inefficient. These studies show that the percentage of companies achieving their annual revenue targets has declined steadily since 2005 across all industries, among …

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Jan
23

Value Creation Series Question #3: Are the value drivers different for companies delivering a subscription-based service?

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Many technology companies are choosing to deliver their solutions in the form of renewal services like SaaS. The value drivers may not be different, but different metrics need to be implemented to measure value.  For example, traditional software companies (those selling perpetual licenses) collect most of the revenue soon after securing a PO with a …

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Jan
16

Value Creation Series Question #2: In addition to sales growth, what are some other key value drivers for small and early stage technology companies?

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Although sales growth is the most important contributor to value creation in the short term, there are other “value drivers” that need to be incorporated and measured. For example: Gross profit and operating profit margins that consistently exceed industry averages will command higher values. Diversification of customers, repeat customers, customer satisfaction and customer growth are …

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Jan
09

Value Creation Series Question #1: What is the most important metric of value accretion for small or early stage technology companies?

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Most investors will agree that for mature technology businesses the net present value of expected future earnings streams is a major factor in determining what a business is worth. For early stage technology companies though, value can be maximized by prioritizing growth and market share over net income in the short term. That is why …

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Jul
30

How Nurture Marketing Can Improve Pipeline Development and Sales Win Rates

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In order for small and emerging companies to grow and scale in today’s market their marketing strategy and sales processes have to be in total alignment. One of the main problem areas we see with our clients is the way in which marketing and sales manage opportunities – sales leads. Traditional acquisition strategies rely on …

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May
21

Measuring Sales Growth in Subscription-Based Technology Businesses

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For early stage technology companies, sales growth is one of the most important metrics of value accretion. Today an increasing number of companies are choosing to deliver technology in the form of renewable services or subscriptions, such as software-as-a-service (SaaS). In this business model, value is delivered over time as the service is used. So …

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Apr
21

Why Are Traditional Sales & Marketing Practices No Longer Working?

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Research by Tafaro & Associates, Inc. IDC, a global provider of market intelligence for the information technology and telecommunications markets, reports that sales productivity is the number-one business initiative on CEO’s agendas. Although companies in the B2B marketplace continue to rank increased revenue and improved sales performance as top priorities, the sales and marketing practices …

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