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VENDUX PUBLISHES INDUSTRY'S FIRST-OF-ITS-KIND REPORT ON THE STATE OF FRACTIONAL AND INTERIM SALES LEADERSHIP

12-29-2023 09:28 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Vendux LLC

The report is the result of working with over 400 clients on assignments and surveying over 600 executives.

The report is the result of working with over 400 clients on assignments and surveying over 600 executives.

As a pioneer in the interim and fractional sales leadership market, Vendux is pleased to share our analysis and insight drawn from our annual survey of Vendux sales leaders.

Over the past two years, Vendux has worked on more than 400 assignments for interim and fractional sales leaders; and in the process, has collected extensive data. This covers details on clients, their challenges, and the focus of assignments, but also data points like duration and compensation.

Our executives - 58% of whom have been "fractional" for three or more years - have provided us with additional information based on their assignments.

As a result, this report contains the collective experience of our entire community and the details of nearly 1,000 fractional and interim Sales Leadership assignments. We believe this first-of-its-kind report will provide greater clarity and demonstrate the viability and positive direction of this new form of sales leadership.

Vendux has published the report in support of its vision and leadership principles. The Document is available free to download on the Vendux website.

Henning Schwinum, Co-Founder & Managing Partner commented on the number of engagements that executives take in a year: "There is large variability, ranging from only one assignment, likely full-time interim, to 10 or more. The average duration of an assignment is 11 months, and the median is 7 months. And the hours per week committed on average to a single assignment range from just a few hours to full time, with an average of 13 hours and a median of 10 hours per week."

"The compensation is often made up of multiple components and subject to change during the engagement," shares Andrew Miller, Partner. "The good news is, a vast majority of assignments (94%) have a retainer component."

Overall, Vendux believes that the future is bright for Interim and Fractional Sales Leaders. The growing recognition of the role and the value it provides - in particular to small and medium-sized businesses - will lead to a continuous increase in opportunities.

300 E 39th Street
Kansas City, MO 64111

Vendux helps companies grow their sales leadership capital by matching client companies with the sales leader and team necessary to transform their sales strategy, increase revenue, and move the business to the next level. Vendux's proprietary PerfectMatch™ system identifies the ideal sales leader matched to the business's unique requirements with the highest level of precision and assurance to achieve sales goals. Vendux clients choose a sales leadership model that meets their needs today, from fractional, interim, and/or full-time sales resources.

Vendux was founded in 2019 and has become the de facto leader in providing highly vetted sales leaders to growth-minded companies across North America.

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