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Volume Revenue Drivers

To increase revenue volume, businesses can focus on acquiring more customers, selling more to existing customers, create new products and services, and optimize prices

In this Section, You Can See All the Elements of VOLUME GROWTH DRIVERS. Volume is a primary focus area for revenue growth as it includes pricing optimization strategy, acquiring new customers, building new products that meet customer needs and selling more to existing customers.  To see these in a simple list format click the button.

Compare Your Organization to these Elements of Volume Growth Drivers

  • A CEVOH image representing the importance of PRICING OPTIMIZATION STRATEGIES as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of PRICING OPTIMIZATION STRATEGIES within a revenue plan.

    Pricing Optimization Strategy

    You price such that you know you are achieving the maximum customer value while extracting that value into revenue. You only reward discounts for specific customer behavior such as trial, growth and volume.

  • A CEVOH image representing the importance of THOUGH LEADERSHIP as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of THOUGHT LEADERSHIP within a revenue plan.

    Thought Leadership

    You provide thought leadership to your stakeholders including customers, users, investors and employees. The thought leadership is published and sets the market aiding in preselling your brand and products.

  • A CEVOH image representing the importance of USING TECHNOLOGY TOOLS as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of USING TECHNOLOGY TOOLS within a revenue plan.

    Technology

    You embrace technology and automation. You use these to improve the customer experience and value chain. Your cutting-edge technology innovation is beta tested. You use agile approaches.

  • A CEVOH image representing the importance of REVENUE PLANS as a volume growth driver within YOUR ORGANIZATION. See CEVOH.com for best practice examples of A REVENUE PLAN.

    Revenue Plans

    Your marketing, sales and go-to-market plans are co-owned by sales, marketing and product fulfillment departments. Your revenue/marketing plan puts a priority on Value Creation, Volume and Velocity for maximum market effect. Your plans include specific things the organization will stop doing that no longer meet these needs.

  • A CEVOH image representing the importance of A UNIQUE SELLING PROPOSITION as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of UNIQUE SELLING PROPOSITION within a revenue plan.

    Unique Selling Proposition

    You have created a one-page elevator speech for important products and services. This clarifies exact language that discriminates us against our competitors. This exact language is consistently used in all customer communications from sales to advertising. 

  • A CEVOH image representing the importance of PRODUCT DEVELOPMENT AND QUALITY INFUSION as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of PRODUCT DEVELOPMENT AND QUALITY INFUSION within a revenue plan.

    Product Development and Quality Infusion

    Your development approaches are agile. There is a continuous improvement mentality – even with cash cow products and services. Your quality measurements are steeped in the value drivers that have been clarified are important to your customers.

  • A CEVOH image representing the importance of NEW PRODUCT DEVELOPMENT as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of NEW PRODUCT DEVELOPMENT within a revenue plan.

    New Product Development

    There is a NPD process that is inclusive to include customers and all departments. You innovate to meet changing customer needs and purposefully displace your own current offering with items of higher value.

  • A CEVOH image representing the importance of PRODUCT PORTFOLIO OPTIMIZATION as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of PRODUCT PORTFOLIO OPTIMIZATION within a revenue plan.

    Product Portfolio Optimization

    You have value measurements and margin metrics for every product or service you offer. You proactively optimize the portfolio – eliminating underperforming products and services. You proactively migrate customers to higher value products and services when those come online.

  • A CEVOH image representing the importance of BRAND DEVELOPMENT as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of BRAND DEVELOPMENT within a revenue plan.

    Brand Development

    You have developed a brand with a promise of future performance delivery. You manage our brand to meet our company vision and mission. 

  • A CEVOH image representing the importance of a SWOT ANALYSIS as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of a SWOT ANALYSIS within a revenue plan.

    SWOT

    You use a strengths, weaknesses, opportunities and threats tool for your company and your competitors that is objective and up-to-date. The organization uses this tool to improve your offerings.

  • A CEVOH image representing the importance of COMPETITIVE POSITIONING as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of COMPETITIVE POSITIONING within a revenue plan.

    Competitive Positioning

    Your team can articulate what differentiates your products/ services from those of your competitors and communicates these in your sales and marketing efforts.

  • A CEVOH image representing the importance of CUSTOMER AND CONSUMER as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of UNDERSTANDING THE DIFFERENCES BETWEEN CUSTOMER AND CONSUMER within a revenue plan.

    Customer and Consumer

    You understand the difference between customer and end-user. You understand and embrace the differences and needs of buying teams, buying influencers and purchasing decision makers.

  • A CEVOH image representing the importance of IDENTIFYING CUSTOMER STAKEHOLDERS as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of IDENTIFYING CUSTOMER STAKEHOLDERS within a revenue plan.

    Customer Stakeholders

    Your sellers focus on customer stakeholders who are willing and able to make change happen. This can include buying influencers, not just buyers. Your organization does not simply focus on titles, roles, or traditional definitions of advocacy.

  • A CEVOH image representing the importance of SALES SKILL CERTIFICATION as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of SALES SKILL CERTIFICATION within a revenue plan.

    Sales Skill Certification

    You use and celebrate the certification of learned knowledge and skills for products, services, customer segments and sales approaches. Skill certification is based on the observation of long-term customer value creation.

  • A CEVOH image representing the importance of SALES COMPETENCIES as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of SALES COMPETENCIES within a revenue plan.

    Sales Competencies

    You analyze high-performer behaviors to build competency models of the required skills for different sales roles. These models are fundamental to recruitment, training, promotion, and development efforts.

  • A CEVOH image representing the importance of FIRST LINE MANAGER COACHING as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of FIRST LINE MANAGER COACHING within a revenue plan.

    First Line Manager Coaching

    You have adopted a coaching culture that builds and sustains skills. All managers are held accountable for coaching frequency, time, and quality.

  • A CEVOH image representing the importance of SALES PERFORMANCE MANAGEMENT as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of SALES PERFORMANCE MANAGEMENT within a revenue plan.

    Sales Performance Management

    You meaningfully differentiate and celebrate the behaviors of high sales performers, ensuring broad adoption from other sellers. Rewards and consequences for following these performance standards are fair and clear.

  • A CEVOH image representing the importance of MARKET COVERAGE as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of MARKET COVERAGE within a revenue plan.

    Market Coverage

    Your organization has aligned your sales channels with how customers want to buy and with their purchasing power. This includes field sales, inside/tele, customer care upsell, partner sales and e-sales channels.

  • A CEVOH image representing the importance of PRODUCT DISTRIBUTION/CHANNEL MANAGEMENT as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of PRODUCT DISTRIBUTION AND CHANNEL MANAGEMENT within a revenue plan..

    Product Distribution / Channel Management

    Your organization manages product and service offerings to match best channel performance using a long-term profit-maximizing method. Incentives applied at the channel level are based on margin not revenue.

  • A CEVOH image representing the importance of OPTIMIZED SALES PROCESS as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of OPTIMIZED SALES PROCESS within a revenue plan.

    Sales Process

    Your organization has designed a replicable sales process fundamentally based on how your customers' typically purchase from us and validated by how our highest performers sell. This process is well adopted.

  • A CEVOH image representing the importance of ACCOUNT PLANNING as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of ACCOUNT PLANNING within a revenue plan.

    Account Planning

    You have structured processes to collaborate with customers and build joint account plans. These plans create value for both the customer and our business.

  • A CEVOH image representing the importance of KEY ACCOUNT MANAGEMENT as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of KEY ACCOUNT MANAGEMENT within a revenue plan.

    Key Account Management

    Key customer accounts clearly understand they have access to your scarcest resources in exchange for helping grow your business. You up/down-tier accounts based on account performance.

  • A CEVOH image representing the importance of BUSINESS DEVELOPMENT as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of BUSINESS DEVELOPMENT within a revenue plan..

    Business Development

    Your organization understands the difference between BD and sellers. You embrace the longer sales cycles resident in an optimal BD function..

  • A CEVOH image representing the importance of SALES CADENCE as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of SALES CADENCE within a revenue plan.

    Sales Cadence

    Your organization manages sales productivity while caring for the sales rep’s desire for creativity. You use a variety of methods such as canvass kick-offs, spurts, celebrations and customer testimonials to maintain cadence and offer recharge events.

  • A CEVOH image representing the importance of SALES METRICS as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of SALES METRICS within a revenue plan.

    Sales Metrics

    You have identified the drivers of business success. You include focus on metrics to achieve value creation, volume and velocity. You also use sales metrics that include loyalty, retention and margin. Individuals receive appropriate dashboards allowing them to take clear action to drive these business outcomes.

  • A CEVOH image representing the importance of SALES COMPENSATION as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of SALES COMPENSATION within a revenue plan.

    Sales Compensation

    Your organization recognizes that many in sales are ‘coin-operated’. Your sales compensation plans are simple and weighted to include doing what’s right for the customer and company margin.

  • A CEVOH image representing the importance of SALES OPERATIONS as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of SALES OPERATIONS within a revenue plan..

    Sales Operations

    Your organization meaningfully and measurably contributes to the ability of our sales organization to close quickly and serve our customers effectively. Your sales systems are not overly complex. Your sales productivity systems are designed to encourage customer touches with solution selling and insight selling techniques.

  • A CEVOH image representing the importance of A COMMUNICATIONS PLAN as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of A COMMUNICATIONS PLAN within a revenue plan.

    Communications

    Your advertising and communications are authentic. Your strategic brand communication represents an overarching level of performance and future promises. For your product marketing, the organization promises what it will deliver and then delivers on this promise. Your messaging leads all your stakeholders to your unique differentiators.

  • A CEVOH icon reminding us of the importance of Customer Relationship Management within a successful revenue growth plan. See CEVOH.com for best practice examples of Customer Relationship Management approaches.

    Customer Relationship Management

    Your CRM system provides value to your business and to your customers. The organization recognizes and safeguards against the damage an inefficient CRM system can have on both customer and employee morale.

  • A CEVOH icon reminding us of the importance of COMMUNICATIONS EFFECTIVENESS MEASUREMENTS within a successful revenue growth plan. See CEVOH.com for best practice examples of communications measurements and how to track these.

    Communications Measurements

    You allocate your advertising and communications media spending based on a clear understanding of the returns on investment from each of the different elements in the mix. You use sentiment goals and tracking for all communications.

  • A CEVOH image representing the importance of FINANCIAL AND GUIDANCE BENCHMARKING as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of FINANCIAL AND GUIDANCE BENCHMARKING within a revenue plan.

    Financial and Guidance Benchmarking

    Your organization sets strategic financial goals based on market assessments, not on internal financial goals. Your organization knows the historic and trended growth performance of the top five market leaders in our industry.

  • A CEVOH image representing the importance of QUARTERLY GOAL SETTING AND FORECASTING as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of QUARTERLY GOAL SETTING AND FORECASTING within a revenue plan.

    Quarterly Goal Setting and Forecasting

    You set challenging, yet fair, goals across our organization. You forecast at least quarterly by using objective customer reactions. Your sales team reports at least quarterly against these goals with a likely to win-capture metric.

  • A CEVOH image representing the importance of CUSTOMER PROBLEM RESOLUTION as a volume growth driver within a revenue plan. See CEVOH.com for best practice examples of CUSTOMER PROBLEM RESOLUTION within a revenue plan.

    Customer Problem Resolution

    Your organization rapidly identifies and diagnoses root causes of customer problems, then aggressively mobilizes resources to take corrective action. You see customer problems as opportunities to learn.