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Article4 Sales Strategies to Consider for Your Startup: Bot, Human Being, or Bear Hug?

4 Sales Strategies to Consider for Your Startup: Bot, Human Being, or Bear Hug?

Time and time again, I run into mid-continent entrepreneurs who think sales should be a personal experience. Out in Silicon Valley, I have found that a lot of startups stick to self-service platforms rather than human salespeople.

So who’s right? Well, it depends on what’s for sale and who’s buying.

METRICS MATTER: CAC AND ACV

Both approaches can work, but the key factor isn’t where your startup sits on the map. Instead, to choose the right sales strategy, take two things into account: customer acquisition cost and annual contract value.

Let’s start with CAC, or Customer Aquisition Cost, which describes the cost of acquiring a single customer. To calculate CAC, divide the cost of acquiring customers by the number of customers acquired. For...


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