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SOURCES: TSIA SRG All Hands on Deck for Revenue Growth – May 2014 TSIA-DV-14-018 © 2014 All rights reserved. Technology Services Industry Association (TSIA)
www.tsia.com/srg
@TSIACOMMUNITY | #TSIA
COMPANIES IN EACH MATURITY CATEGORY
26%We're a Product Company
Coverage Models & Sales Compensation
marketing budget spenton demand generation
multi-tier Support Offerings
63%retainers
11%pacesetterS
KEY PRACTICES THAT DRIVE PERFORMANCE
Dedicated Win-back Specialists Upsell Incentives for Renewal Reps Accelerators for Renewal Reps
DedicatedRenewal Team
0%
100%
0% 20%
75%
50%33% 33%
75%
41%
100%
13%
40%
20% 40%
75%50%
ARE YOU OPTIMIZING YOUR RENEWAL POTENTIAL?
Product reps renew contracts & sell products.
Strong capabilities for retaining contracts.
Strong capabilities for growing service
revenues.
HOW DO YOU MEASURE UP TO INDUSTRY BEST PRACTICES?
TSIA analyzed benchmark findings from 35 global companies to create a renewal maturity model for maintenance and support contract revenues.
Optimizing Service Revenue
EMERGING PACESETTER BEST PRACTICES
product lead-generation Incentives
Renewal of cloud subscription plans
Piloting adoption services
Identify unmetcustomer needs