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Using Generative AI to Drive Corporate Impact

TechEmpower

Key Functions with High Impact Generative AI is revolutionizing sales by enabling dynamic pricing and personalized customer interactions, boosting conversion rates and customer satisfaction. This shift allows business to reallocate human resources to more complex and strategic roles, or eliminate those positions entirely.

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Increase Your Sales Velocity By Saying No To Pilots

InfoChachkie

Pilot agreements are provisional contracts under which companies can assess the veracity of a potential, long-term relationship. The “go / no go” structure of such contracts effectively allows big companies to defer their ultimate decision of whether or not they want to work with the startup until after the Pilot is completed.

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9 Success Principles To Propel Your Next New Venture

Startup Professionals Musings

Minimize one-time sales in your business model. Facilitate rapid growth through contracted resources. In this age of the gig-economy, you can more quickly hire and manage freelancers, contract workers, and contract operations. Develop a product line and add alternate channels.

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Why Focusing on Only One Buyer Will Lose You Sales

Both Sides of the Table

This is part of a series that describes a sales methodology for technology companies or frankly many other types of companies, too. We developed this at our first company and called it PUCCKA – the overall methodology is described here. Often companies will require you to go through a tech audit before signing your contract.

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10 Ways Owners Often Jeopardize Their Business Growth

Startup Professionals Musings

When you are starting a new business, every resource is precious, including time, funding, and people. It’s always tempting to think that more product variations will satisfy more customers and lead to new sales. New businesses often burn excessive resources working on the wrong things, or doing things the wrong way.

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5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

Buffer your projected resource requirements. Be a miser with contract services and facilities. Waiting until you have something to sell before bringing on a sales and operations staff. Getting a sales contract before manufacturing inventory. You will make mistakes. Things will cost more than you expect.

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6 Cost-Cutting Recommendations For New Entrepreneurs

Startup Professionals Musings

It wasn’t so many years ago that starting a new e-commerce business on the Internet was a complex custom development project, usually costing a million dollars or more. You can now skip the mandatory office space rental, with secretary and bookkeeping staff, or outsourcing. Social media facilitates marketing and sales.