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The Competitive Advantage

tag: sales strategy

May 29, 2025

Churn Baby Churn!

One of the tools we use when onboarding a new client is something we call the ‘5-Year Revenue Review.’ It’s a report that your accounting team can easily provide: Revenue by Client by Year for the past 5 years. And what you can learn from it is interesting and eye-opening.

Many business leaders regularly look at revenue year-to-date and compare it to last-year-to-date. And that’s fine. That trouble is that even if there’s overall growth, it may be hiding problems lurking beneath the surface. But when look at a 5-year report, you’ll see gaps and trends in the data that a 2-year analysis can’t reveal.

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August 8, 2023

How To and How NOT To Use LinkedIn for Selling… A True Story!

In the past week, I connected with two people on LinkedIn, each from a different research firm. And I had two very different experiences with them – one that was great and one that was horrible. The contrast between the two provides a really good lesson on how to use LinkedIn effectively to support your sales effort… and how not to!

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July 18, 2022

Stop Selling on Price… It Can Ruin Your Business

I was having a conversation this past week with a firm in our industry when they told me that they had implemented a rebate program as a way to build and reward client loyalty… and to also have something new and interesting to catch prospects’ attention.

And to no one’s surprise, it was working pretty well. Existing clients appreciated the ‘free money’ (credits against future purchases) and it also got them in front of several new potential clients. I told them that I was happy for their success, but that they needed to be careful. That selling on price is a very risky B2B sales strategy. And for a whole host of reasons:

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