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Not surprisingly, companies that spend more on sales and marketing (as a % of revenue) generally grew at a faster rate than those that spent less. This year’s results were in-line with previous surveys.
While field sales remains the most popular way to sell for companies >$2.5MM revenue, companies with <$2.5MM revenue tended to use inside sales as their primary mode of distribution. In comparison with previous surveys, companies $2.5MM+ have shifted to greater use of field sales (+12 percentage points from 2015).
For Entrepreneurs.com
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More than 1/2 of SAAS companies increased their spending on customer retention last year
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In 2018, the U.S. imported aerospace products worth about 53.98 billion U.S. dollars.
For SaaS companies valued at over $1billion, the median amount of financing raised is $206million
Sony’s PlayStation brand had accumulated approximately 38.57 million fans on the social network
Internet Sales strategies have a significantly lower CAC of just $0.42