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Land And Expand: 5 Strategies To Drive New Revenue From Your Customer Accounts
Land And Expand: 5 Strategies To Drive New Revenue From Your Customer Accounts
Did you know the probability of selling to a new prospect is as low as 5%, while selling to an existing customer is as high as 70%? Land and expand strategies sound like a no-brainer.
So, why isnโt every sales team using this approach?
This webinar dropped best practices from ABS leaders to make your business model sticky; spend less time on attracting new prospects, and more time on deepening the relationships that matter.
Discussion topics
How to identify the right accounts to focus on
How to broker relationships with untapped opportunities within enterprise accounts
What to look for when tracking buying patterns to predict cross-sell and up-sell opportunities
ABS motions and messaging that have worked for other high-growth businesses
Key Takeaways
Enabling your team to get into the right mindset. In enterprise selling you need to be asking yourself these questions: How do I enable this buyer? How do I get audible ready so I can explain the problem, solution, and value Iโm delivering? Am I equipped with the right case studies and set of slides?
Tactics to upselling and cross selling: educating people to how other folks are using the product, mine your usage dashboards (data-backed upselling!), and build trust!
How to broker relationships with untapped opportunities within enterprise accounts: create groundswell from multiple people, rinse and repeat to other people in the organization, and identify whitespace with account hierarchies.