Using Salesforce is a good sign, it's a best in breed sales platform. If they weren't confident in their ramp up they would have gone with a smaller product first, that they then would outgrow and move to something bigger, but only if the sales came. So it's a good choice of tool to use, and shows confidence. Costs a little more but significantly helps with lead conversion.
When I was in a sales team with no sales background but extensive industry knowledge, my target was $1m. I ended up getting $1.8m as 'talking industry' was very easy. I'd say each of their sales people will likely have targets of about the same amount, times however many we know have.
I don't think we'll have any issues in the sales or $ generation space. The bigger question is what happens with the SP if the wider market falls apart. Are we at a new low now, or could it get worse from here - even if the business is performing?? It' phenomenally under valued, but is that due to people being more cautious?
Great looking annuncement. Exciting times ahead.
EVS Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
