Terms

Mid-Market

What is Mid-Market?

A mid-market company is a business with annual revenues ranging from $10 million to $1 billion, depending on the industry. These companies represent about 3% of all businesses in the United States, contributing to one-third of private sector GDP and employing around 48 million Americans. Mid-market companies have significant growth potential and outpace both small and larger organizations in terms of employment growth.

Identifying Mid-Market Opportunities

Mid-market firms, predominantly private or closely held, are often concentrated in sectors like services, manufacturing, and construction. Investment opportunities in this segment can include:

  • Small-cap and micro-cap investments: These stocks often represent smaller mid-market firms with growth potential.
  • Specialized financial vehicles: Exchange-traded funds (ETFs) and mutual funds that focus on small-cap indices, along with Business Development Companies (BDCs) that provide financing to mid-market firms.

Characteristics of Mid-Market Companies

Mid-market businesses typically share several key traits:

  • Revenue size: Annual revenues fall between $10 million and $1 billion.
  • Industry concentration: Predominantly found in service-oriented industries.
  • Operational challenges: These include issues like limited access to capital and the need for rapid adaptation to market changes.
  • Economic impact: Significant contributors to employment and GDP.

Mid-Market vs. Enterprise: Understanding the Differences

When comparing mid-market companies to enterprise-level organizations, several differences stand out:

  • Size and scale: Enterprises generally exceed $1 billion in revenue with broader market reach and larger employee bases.
  • Agility in decision-making: Mid-market firms often benefit from quicker decision-making processes due to fewer management layers, allowing for faster adaptation to changes.
  • Resource allocation: While enterprises have more resources for technology and infrastructure, mid-markets excel in flexibility and customer closeness.

Strategies for Success in the Mid-Market Segment

Success in the mid-market segment requires a strategic approach to overcome challenges and capitalize on growth opportunities. Here are three strategies to consider:

  1. Understand customer needs: Maintaining strong customer relationships is crucial for mid-market firms. Focus on understanding their needs and preferences to deliver tailored solutions and foster long-term loyalty.
  2. Adapt to market changes: Mid-market companies must be agile in responding to market shifts, such as the impact of the COVID-19 pandemic. Address workforce disruption and keep employees engaged to ensure productivity and resilience.
  3. Leverage user feedback: Embrace user feedback to drive innovation, capture market share, and adapt to evolving customer needs. This valuable input can help mid-market organizations stay ahead of the competition and maintain growth momentum.

Other terms

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CPM

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CPM

Hybrid Sales Model

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Hybrid Sales Model

Sales Development Representative (SDR)

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Sales Development Representative (SDR)

HTTP Requests

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HTTP Requests

X-Sell

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X-Sell

Sales Process

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Sales Process

Win/Loss Analysis

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Win/Loss Analysis

HubSpot

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HubSpot

Enrichment

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Enrichment

Scrum

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Scrum

Content Delivery Network

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Content Delivery Network

InMail Messages

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InMail Messages

Data Encryption

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Data Encryption

Sales Prospecting Software

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Sales Prospecting Software

No Spam

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No Spam

Account Click Through Rate

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Account Click Through Rate

Revenue Operations (RevOps)

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Revenue Operations (RevOps)

Programmatic Display Campaign

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Programmatic Display Campaign

Sales Cycle

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Sales Cycle

Content Rights Management

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Content Rights Management

Low-Hanging Fruit

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Low-Hanging Fruit

Custom API integration

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Custom API integration

Sales Development

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Sales Development

Data Cleansing

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Data Cleansing

Net New Business

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Net New Business

Competitive Intelligence (CI)

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Competitive Intelligence (CI)

Dynamic Pricing

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Dynamic Pricing

Lead Generation Funnel

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Lead Generation Funnel

B2B Buyer Intent Data

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B2B Buyer Intent Data

Buyer’s Remorse

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Buyer’s Remorse

Account-Based Marketing

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Account-Based Marketing

GTM

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GTM

On-premise CRM

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On-premise CRM

B2B Intent Data Providers

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B2B Intent Data Providers

B2B Data Enrichment

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B2B Data Enrichment

Data Management Platform

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Data Management Platform

Single Page Applications

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Single Page Applications

Sales Team Management

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Sales Team Management

Lead Magnet

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Lead Magnet

Performance Plan

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Performance Plan

Closed Won

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Closed Won

Messaging Strategy

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Messaging Strategy

Market Intelligence

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Market Intelligence

Progressive Web Apps

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Progressive Web Apps

Unit Economics

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Unit Economics

Email Deliverability

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Email Deliverability

Conversational Intelligence?

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Conversational Intelligence?

Simple Object Access Protocol Application Programming Interface

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Simple Object Access Protocol Application Programming Interface

Omnichannel Marketing

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Omnichannel Marketing

Return on Marketing Investment

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Return on Marketing Investment

Purchase Buying Stage

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Purchase Buying Stage

Operational CRM

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Operational CRM

Account Management

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Account Management

Average Selling Price

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Average Selling Price

Software as a Service

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Software as a Service

Account-Based Marketing Software

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Account-Based Marketing Software

Multi-threading

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Multi-threading

Buyer Journey

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Buyer Journey

Ad-hoc Reporting

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Ad-hoc Reporting

MOFU

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MOFU

Cloud-based CRM

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Cloud-based CRM

80/20 Rule

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80/20 Rule

Brag Book

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Brag Book

LinkedIn Sales Navigator

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LinkedIn Sales Navigator

Outbound Sales

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Outbound Sales

Subscription Models

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Subscription Models

Marketing Qualified Account

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Marketing Qualified Account

B2B Leads

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B2B Leads

Closed Opportunities

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Closed Opportunities

Dynamic Territories

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Dynamic Territories

Average Customer Life

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Average Customer Life

Sales Champion

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Sales Champion

Buyer Intent Data

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Buyer Intent Data

Branded Keywords

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Branded Keywords

Total Audience Measurement

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Total Audience Measurement

WordPress

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WordPress

GPCTBA/C&I

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GPCTBA/C&I

B2B Marketing Attribution

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B2B Marketing Attribution

CRM Integration

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CRM Integration

Soft Sell

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Soft Sell

Stress Testing

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Stress Testing

MEDDICC

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MEDDICC

Single Sign-On (SSO)

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Single Sign-On (SSO)

Multi-Channel Marketing

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Multi-Channel Marketing

ABM Orchestration

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ABM Orchestration

Opportunity Management

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Opportunity Management

Buying Intent

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Buying Intent

Sales Prospecting Techniques

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Sales Prospecting Techniques

Behavioral Analytics

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Behavioral Analytics

Elevator Pitch

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Elevator Pitch

Cold Email

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Cold Email

Chatbots

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Chatbots

Marketing Automation

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Marketing Automation

Sales Quota

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Sales Quota

SFDC

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SFDC

Tire-Kicker

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Tire-Kicker

Digital Analytics

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Digital Analytics

Zero-Based Budgeting (ZBB)

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Zero-Based Budgeting (ZBB)

Yield Management

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Yield Management

Return on Investment (ROI)

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Return on Investment (ROI)
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