
Growth doesn’t always have to come from chasing new opportunities. Often, it lies hidden within your existing customer relationships, but many businesses struggle to tap into this potential, missing opportunities for upselling and cross-selling that could significantly boost revenue.
We’re thrilled to announce the addition of the Existing Account Growth service, joining our suite of other Sales and Customer Success Managed Services delivered by our R40 Performance system. The other services include Sales Blueprint, Seller Skills, Sales Coaching, and Sales Operations.
Many software companies remain overly reliant on new logo acquisition to grow their ARR. While acquiring new customers is essential, sustainable and profitable growth truly accelerates when existing accounts are strategically nurtured. Achieving a Net Retention Rate of 110% or greater reduces pressure on the new logo team. However, the processes, skills, and tools needed for successful expansion within existing accounts are fundamentally different from those used to initially win customers.
The Existing Account Growth service is led by Gord Smith – a seasoned business leader and coach with over 25 years of global experience in sales performance, marketing, and leadership development. With a proven track record in scaling companies, he has held leadership roles at NCR, SAP, Siebel Systems, Deloitte, Ideaca, and Hitachi. Gord specializes in helping technology companies transform their professional services capabilities to drive revenue growth and profitability.
Gord empowers businesses with strategic frameworks and actionable insights to achieve lasting success. He also leads ALTA CONSULTING and serves as a professor at the Graduate School of Marketing at Seneca College.
R40 Performance is based on the principle of the Rule of 40. Any combination of revenue growth and profitability that that equals 40 or more is the mark of a high-performance company. The formula is easy, but getting there takes a combination of best practices, an enabled team, and systems to drive productivity and insights. R40 Performance, powered by TekStack provides a marketing team, operations specialists, on demand sales & service coaching, and all the tools you need to drive your business forward for not much more than one additive senior hire.