In 2017, website sales amounted to approximately 300 billion British pounds.

From Statista
Statistic in SaaS & Tech Sales Enablement
This was higher than EDI sales which were 286 billion British pounds.

E-commerce sales in the United Kingdom (UK) from 2014 to 2017, by technology (in billion GBP)

Website sales EDI sales*
2017 300.2 286.1
2016 248.4 258
2015 236.6 259.6
2014 227.4 286.1

More Tech Services Stats

If your Net Revenue Churn is high (above 2% per month) it is an indicator that there is something wrong in your business

High-growth companies are 8X more likely to reach $1 billion in revenues than those growing less than 20%.

orecasts suggest that global blockchain technology revenues will experience massive growth in the coming years, with the market expected to climb to over 23.3 billion U.S. dollars in size by 2023.

63 percent of the time, women receive lower salary offers than men for the same job at the same company

The fastest growing SAAS companies averaged $250k in MRR and were only losing around 3.2% of that revenue each month to churn

As with unit churn, companies with longer contracts (2+ years) tend to report lower annual dollar churn

The very best SaaS businesses have a negative revenue churn rate and will have a Revenue Retention Rate of greater than 100%

56% treat “Existing Customer Renewals” as high priority

Customer Acquisition Cost (CAC) = sum of all sales & marketing expenses/ number of new customers added

Less than 20% of new revenue came from existing customers in the form of up-sell and expansion sales

More SaaS & Tech Sales Enablement Stats

In 2017, Foxconn Technology Group achieved a net income of 135.37 billion New Taiwanese dollars, the equivalent to approximately 4.55 billion U.S. dollars.

Internet sales-driven companies have a much greater reliance on marketing, with 65% of the median company’s CAC budget devoted to marketing

Less than 20% of new revenue came from existing customers in the form of up-sell and expansion sales

More than 1/2 of SAAS companies increased their spending on customer retention last year

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

In 2018, the global tech spending is forecast to amount to 3,212 billion U.S. dollars.

In 2017, Foxconn Technology Group achieved revenue of 158.15 billion U.S. dollars.

The statistic shows the worldwide IT spending on enterprise software from 2009 to 2020.

Moving from $1.5 million with an eye towards $10 million in ARR is a tough a task and will take an excellent VP of sales to get you there

SAAS companies that are focused mainly on enterprise sales have higher levels of professional services