Advantages of Outsourcing Partner Recruitment and Management 

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daisypricilla27
Posts: 104

Joined: 12/5/2018
Topic  Advantages of Outsourcing Partner Recruitment and Management       Flag »  Reply »
The advantage to taking this approach to High Performance Selling Review locating and marketing to your future clients is a focused allotment of resources in areas that will provide you with the best return on your investment of advertising dollars or your marketing efforts. I hope you see the value of approaching this activity in this way. Now, to grow your client base for your business, please complete the following exercise to help you get a better idea of where to spend your advertising budget and with whom to spend your networking time.

When it comes to your business, what and where are your potential clients now buying, which would logically lead them to the services or products you offer. Consider both physical as well as on-line locations to promote your products or services. Do you even measure return on investment for sales or other normal business functions. Many companies only look at ROI on capital expenditures and other large dollar investments. The bulk of the money companies spend are spent on normal daily activities, but few look at justifying ROI on anything other than one-time major investments.

Why should you worry about ROI on normal expenses, doesn't your P & L cover that. The real answer is the P & L will tell you many things but it's telling you about them after they occur. In my recent book I gave the example of using the P & L as a problem solving tool is like steering a huge ship by looking at the wake. What you see has already happened, and corrections take time.

Let's take a hypothetical company as an example. You run a $10MM dollar manufacturing company, sales are flat and margins are declining. You have a current net margin of 2% and high fixed costs. You feel you need additional sales to offset the high fixed costs, and improve margins. You are currently making $200,000 annually, (2% of $10MM), and you want to double your net margin to 4% in order to attract new capital. How much do you need to increase sales and how much can you afford to invest to get those sales.

https://forexprofitideas.com/high-performance-selling-review/

  Monday, March 4, 2019 at 4:38:37 AM

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