Though the sales as a service model may be a relatively new concept, it’s quickly becoming a significant player in the business development sector. The rise of startup and entrepreneurial culture means new businesses need a jump-start to get off the ground, and veteran companies need a revamp to come up to modern times.
At NuGrowth, we’ve been in the sales as a service (SaaS) game for over a decade and have seen the SaaS model develop and gain major traction. Sales as a service provides businesses with the product knowledge, technical support, and outreach and development training many are lacking. See how SaaS is taking hold in business with these stats on the sales struggles many face.
Four Reasons Why You Need Sales as a Service Support
- Big growth can lead to big problems: Companies that grow at 20% annually have a 92% chance of failing within a few years. Too often, booming businesses aren’t able to scale fast enough.
- Looking for leads: Lead generation has been the number one issue facing small businesses since 2017.
- Wasting the day away: Sales reps can spend up to 40% of their time searching for leads. That doesn’t count time spent contacting – just looking.
- Mo leads, mo money: Businesses with well-nurtured leads end up with 50% more sales-ready prospects, at 33% of the cost.
SaaS is Having a Moment
The stats above are part of why “as-a-service” companies are growing faster (32% per year) and seeing high profitability. And the businesses using SaaS are seeing results. Of firms that outsourced services in 2017, 65% say they will continue to do so for the foreseeable future.
Still not convinced? Our client testimonial videos will change your mind. See more at https://nugrowth.com/ and get in touch with us to find out how NuGrowth can be the spark to help your business ignite.
Author: Sarah Deak
Sarah is a veteran copywriter and content strategist with NuGrowth Solutions. She likes to look for the unexpected angle and uses her background in education, business development, and marketing to create interesting and informative pieces to equip readers with actionable data.