Published: October 20, 2008
Basho Technologies Launches Open Prospecting Service to Help Companies Grow Sales Pipelines
CAMBRIDGE, Mass., Oct. 20 /PRNewswire/ -- Basho Technologies, Inc., the
leader in Deal Cycle Management, today announced the launch of its Open
Prospecting Service, designed to help companies penetrate targeted accounts
and grow their sales pipelines. Basho's Open Prospecting Service has driven
response rates of over 20%, crushing the industry average of 3% for email and
5% for phone prospecting.
Referrals are far and away the most effective way to gain access to
decision makers who are ready to buy, especially those that come from senior
executives. According to a report from University of North Carolina's
Kenan-Flagler Business School, almost 70% of executives will usually respond
to an internal referral, and almost 20% will always respond.
Basho Open Prospecting Service is an innovative approach that fuses
focused research with specific targets to deliver time-sensitive, relevant
content. Using this content, called 'Openers,' salespeople are able to
generate executive-level lead referrals at target accounts, which ultimately
results in a much higher percentage of first meetings and closed deals.
"Over the past seven years, we've gathered a significant amount of data
from our sales training customers," said Tony Falco, COO at Basho. "By
applying analytics to this data, we've learned a great deal about what does
and doesn't work at critical stages of the deal cycle. We know what gets an
executive's attention and prompts him or her to respond with genuine interest
and we've built our prospecting service around that collective wisdom. The
results have been impressive."
In addition to using Basho's Open Prospecting Service year-round to
maintain a healthy pipeline, companies are also using it at quarter-end and
year-end, a time when sales reps are too busy trying to close business to
prospect. Under this model, Basho's Open Prospecting Service not only helps
companies meet their top line revenue goals but also enables them to control
costs; companies can dial the service up or down based upon their sales needs
at any given time.
Individuals interested in learning more are encouraged to attend the
upcoming Basho executive breakfast seminar on October 23rd at the Westin
Waltham in Boston:
WHAT: Fill Your Pipeline
WHEN: October 23, 2008 7:30 a.m. - 9:30 a.m.
WHERE: Westin Waltham
70 Third Avenue
Waltham, MA 02451
REGISTRATION: http://forms.basho.com/bostonbreakfast.html
COST: Free
Individuals who stand to benefit from this exclusive event are COOs, VPs
of Sales, Directors of Inside Sales, VPs of Marketing or anyone responsible
for measurable sales results.
For more information, please visit http://www.basho.com or contact
Jason.Perry@basho.com.
About Basho Technologies, Inc.
Basho Technologies' products and services were developed on an advanced
analytics platform that accelerates effective selling activity leading to
heightened revenue. Through our software, sales technique training and
consulting services, Basho clients work smarter and focus on deals that have a
high probability of closure, all the while informing the metrics of the sales
pipeline with every activity, every response and every closed deal. Learn
more about how Basho Technologies can accelerate your deal cycle at
http://www.basho.com.
SOURCE Basho Technologies, Inc.
Copyright © 2012, PRNewswire
Copyright © 2012, NewsBlaze,
Daily News