Social Inequity
Short is sweet. No, this is not another diatribe on compact market messages, though that lesson is well worth repeating. Where sweet and short nicely collide is in the sales cycle. The shorter the cycle, the sooner the revenue, the happier the stockholder and the fatter your bonus check. Marketers know that social media is becoming an intrinsic, if not superior, tool for finding and landing customers. What has not been well quantified is the degree to which social media helps. The folks over at the Software and Information Industry Association, where I am a perpetual CODiE judge, recently presented some data that indicates how and which social media may be helpful in shortening the sales cycle (click the graphic for one large enough to read). The blue bars represent sales closing in less than 90 days, and the gray bars sales lasting more than 90 days. Where you see … Continue reading →