Segmentation and Service Selling

Segmentation and Service Selling

What is segmentation? My friend Michael Chase of Tekcess International has an excellent definition of “segment,” which I adapted for this article. In the B2B space, a market segment is a group of potential customers with unique but common needs. Once you sell your...
A Superb Read to Help You Move Your Business Ahead

A Superb Read to Help You Move Your Business Ahead

If you want to improve quality, cut costs, and get better outcomes, then you should read the book I just read about how to improve patient outcomes, cut medical expenses, and prevent many deaths in the surgery suite and the ICU. The book which changed my outlook on...
Service Revenue as a Percent of Total Sales (2022)

Service Revenue as a Percent of Total Sales (2022)

As a consultant, I talk with a lot of people. At some point, the conversations go like this: Prospect: How large can I grow my service business? Me: First, let’s get the question straight. You are asking me how much service revenue I can make as a percentage of total...