Companies that spend more on sales and marketing (as a % of revenue) generally grew at a faster rate than those that spent less

For Entrepreneurs.com
Growth StrategyMarket ResearchSales🕑 Reading Time: 0 Minutes

Not surprisingly, companies that spend more on sales and marketing (as a % of revenue) generally grew at a faster rate than those that spent less. This year’s results were in-line with previous surveys.

While field sales remains the most popular way to sell for companies >$2.5MM revenue, companies with <$2.5MM revenue tended to use inside sales as their primary mode of distribution. In comparison with previous surveys, companies $2.5MM+ have shifted to greater use of field sales (+12 percentage points from 2015).

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