SaaStr · 2014-12-08
· 4195d
How Great VPs of Sales Double Revenue in One Sales Cycle: Case Studies from Talkdesk, Zenefits, Showpad, and GuideSpark
This article presents multiple case studies demonstrating that exceptional VPs of Sales can double revenue within a single sales cycle by executing core sales fundamentals: recruiting elite sales teams, improving deal qualification and closing, and reducing sales cycles. The author argues that identifying whether a new VP of Sales will succeed takes just 30 days or one full sales cycle, not months.
Metrics in this report
Pipedrive Inside Sales Launch
50$k/month
endpoint
from $0 in 60 days
Revenue Doubling Timeframe
60days
median
net new sales following VP hire
Showpad Sales Cycle Reduction
15 to 6weeks
range
North American sales following Stephen Green hire
Showpad Year-End ARR
5.5$m
actual
150%+ YoY growth from $500k
Talkdesk Year-End ARR
4$m
actual
starting from $1.4m
Time to Quantifiable Sales Impact
1sales cycle
maximum
for great VP of Sales hires
Zenefits Growth Rate
20x
annual
12-month growth following Sam Blond hire