๐ŸงพBuy Now, Pay Later, Increased 14% Year Over Year

Should you consider it for your business?

๐Ÿ“ฌ Friday, March 22, 2024

March Madness is upon us! And itโ€™s the second to last Friday of March 2024. Are you ready for Q2 to begin? ๐Ÿ€

Hereโ€™s what you missed while you were out selling and growing your business:

1) The Pros and Cons of Buy Now, Pay Later for Small Businesses. ๐Ÿ‘จ๐Ÿปโ€๐Ÿ”ง

The Wall Street Journal reported that online purchases completed in 2022 using BNPL rose by 14% compared to the previous year. Can the same strategy benefit businesses, too? Read more here. ๐Ÿ‘ˆ๐Ÿผ

๐Ÿ“Ž Sales Tip(s) of the Week:

Always be generous paying those who help you close your deals.

In most organizations, many moving parts and resources are associated with winning new business:

Operations, Fulfillment, Logistics, Finance โ€ฆ and more!

The most successful reps always identify and show gratitude towards both internal and external customers.

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2) The Battle Between Short and Long-Term Marketing Strategies. ๐Ÿคบ

What is the 95/5 rule? It implies that 95% of businesses arenโ€™t currently in a buying cycle. If buyers donโ€™t know your brand exists when theyโ€™re ready to buy, itโ€™s too late. So how do you prepare? Read more here. ๐Ÿ‘ˆ๐Ÿผ

๐Ÿ”‘ Sales Stat of The Week:

91% of sales professionals upsell, and they say it brings in an average of 21% of company revenue. (Hubspot)

Does your organization have an upsell/customer engagement strategy?

3) Is a Sales Career Still a High-Income Profession? ๐Ÿ’ต

In a dynamic job market where traditional employment is no longer the only path to financial success, high-income skills have become essential for anyone aiming to earn a substantial livelihood. Weโ€™re guessing youโ€™ll agree with number 6 on this list. Read more here. ๐Ÿ‘ˆ๐Ÿผ

Interested in Growing your Network?

SalesHookup matches B2B Sales Professionals with one another for the purposes of networking, sharing selling strategies, and learning from each other.

Check out their platform here. ๐Ÿ‘ˆ๐Ÿผ

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