Find your next vertical in your book of business
Want to choose a target vertical market out of your existing book of business?
These two metrics can help:
Annual client revenue by vertical
- How to do it: Group your clients by vertical and calculate the average revenue.
- What it shows you: Which verticals bring in the most revenue.
Annual client retention by vertical
- How to do it: Group your clients by vertical and calculate how many clients stay with you over a year.
- What it shows you: Which verticals have the highest retention.
The results can help you choose the best-fit vertical for your agency.
You can also analyze:
- Net income per vertical
- Number of referrals or inbounds by vertical
- Contract length by vertical
- Length of sales cycle by vertical
Note: Results from this exercise are more reliable when you have over 50 clients or more across multiple verticals.
Have a great day!
CQ