We quote descriptions of expansion as business strategy.
The first order of business is understanding the difference between Sales and Expansion and why knowing the difference is so important. post ![]()
A defining difference in the approach between account expansion and sales is how long your engagement with the customer has existed. post ![]()
One of the best reasons for expansion of business is to reach out to a new group of customers. Although you already have a well-mined customer base, there is always the opportunity to add new customers when you expand, especially if that expansion of business involves the introduction of new products and services. post ![]()
.
Authors claim it is important to understand the distinction but seem to often get the roles reversed.