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Startup Funding Espresso – How To Expand Product Sales
How To Expand Product Sales Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Startups raising funding must show a growth story. The best growth story is a revenue curve going up and to the right at a 45-degree angle. For venture, the growth curve must be at least 50% year over year. Here are some key steps to take to expand sales: Increase sales with current customers by selling to more contacts within the account. This means using referrals from the existing users to find new ones. Increase the number of products sold to…
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