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A Story of Transformation

Many companies experience growing pains, and GenRevv was no exception. Before partnering with Whetstone Strategy, they faced challenges in fulfilling sales and lacked a scalable sales system. The company was heavily reliant on referrals and existing relationships for revenue growth. 

This case study examines how GenRevv engaged Whetstone Strategy to redefine its business strategy and operational processes, leading to substantial revenue growth and operational efficiency.

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The Challenge

Lack of Specialization

The agency operated as a generalist, without a clear value proposition or target customer.

Inefficient Sales System

The existing sales process was not scalable, heavily reliant on the personal efforts of the lead role, Danny.

Operational Inefficiencies

Fulfillment process was unstandardized, requiring significant time investment from Danny, affecting his work-life balance and preventing GenRevv from scaling.

The Solution

Specialization

Identified a core service that GenRevv could excel in—lead generation for real estate private equity groups—and helped narrow down the target customer base to this niche.

Sales & Product Strategy Development

Restructured the sales process, developed effective sales collateral, and standardized the service offering to appeal to the newly identified target market.

Operational Standardization

Aided in building out a standardized fulfillment process that allowed for greater efficiency and required less direct involvement from Danny.

Measureable Growth

Revenue Growth

GenRevv added approximately $250,000 to its revenue soon after implementing the changes.

Profitability &
Cost Reduction

Quarter over quarter, from Q4 2022 to Q1 2023, GenRevv saw a revenue increase of 10.5%, profitability soared by over 200%

Increased Efficiency

Danny’s work hours were significantly reduced, saving him 10-20 hours per week, allowing him to focus more on strategic business growth.

Customer Acquisition

The focused approach helped add five new customers in the niche quarter over quarter.

The Power of Strategic Specialization

GenRevv’s collaboration with Whetstone Strategy illustrates the power of strategic specialization and operational standardization in transforming a generalist agency into a niche market leader. The case highlights significant improvements in revenue, operational efficiency, and customer acquisition, setting a robust example for similar businesses facing growth challenges.

Hear from Danny, GenRevv's CEO

"We engaged Whetstone Strategy in June 2022. We were a generalized marketing agency at the time. We were struggling with fulfillment sales. We didn't have an offer that was repeatable. We didn't have a sales system that was scalable. We were entirely dependent on referrals and existing relationships to grow our revenue base month over month. 

Whetstone came in, analyzed our full range of offerings and identified we had a diamond in the rough that we had been offering to only a couple of clients. Whetstone helped us package that up, build out the offer, build out the fulfillment process and standardize it in such a way that I no longer needed to be involved in sales or fulfillment. They created sales collateral and since then, have completely taken over our sales process. 

Whetstone has added $250k in revenue to date with a bunch more on the way. They've helped me save between 10-20 hours of time a week. I used to work a ton more, but now that I don't have sales responsibilities and they've setup automation and fulfillment processes of our work, I really don't have to do much of the fulfillment either. So, I'm working less and making substantially more. These guys are the real deal."  

- Danny Miller

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