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Success Story
Though wanting to remain anonymous, this $120 million, privately-held temporary staffing company had a simple goal: Improve margins while maintaining revenue growth. With help from CustomerCentric Selling® affiliate BizLogx, the company realized a 10 percent improvement in profit margins.
With an impressive history growing top line revenue, the company devoted substantial time to generating proposals. In a market with buyers fixated on price and possessing a commodity view of temporary staffing services, the company prided itself on providing a full range of services. Proposals promised high end service with pricing only sporadically linked to the service level and/or the unique costs of service delivery. As a result, revenue growth often did not result in margin growth. The company needed the sales organization to:
To have the luxury to say "no" to lower margin opportunities, the company had to generate a greater volume of qualified opportunities. By arming the telesales organization with a set of diagnostic questions and qualification criteria, BizLogx helped the company increase the number of appointments with qualified prospects. Sales reps then used diagnostic questions to uncover hidden costs, identify customer value, reduce the customer's focus on price and accelerate sales. Armed with these new skills and tools, the company increased gross margins on new business by more than 50 percent while maintaining revenue growth. Published
by Bizlogx,
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