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).

Top 20 Customer-Centric Strategy Books

Discover the top 20 customer-centric strategy books that help businesses grow by focusing on what buyers truly need. Build smarter, outside-in strategies.

Top 20 Customer Experience Books

Discover the top 20 customer experience books that help you create memorable journeys, improve retention, and build a buyer-first business.

Top 20 Strategic Business Planning Books

Discover the top 20 strategic business planning books for entrepreneurs, marketers, and executives. Build smarter strategies, drive growth, and outthink the competition with these must-read titles.

From Buyer Personas to Buyer Behavior

Learn what it means to be customer-centric, why it matters after the sale, and how companies can build loyalty and retention through better customer experiences.

What Is Customer-Centric?

Learn what it means to be customer-centric, why it matters after the sale, and how companies can build loyalty and retention through better customer experiences.