This is a snippet of the transcript, sign up to read more.
I would say 75% to 80% of the thesis in most Vista investments is focused on growth. That was a different time, and it might be different now, which I can discuss. In their first 20 to 25 years, Vista was always focused on coming in and really changing the organization and strategy to focus on growth. Growth activities included improving the efficiency of the sales organization by bringing in the right talent and having the right training programs. The sales team needed to be properly trained, focusing on the fundamentals of what makes a good sales organization and sales training. They invested a lot in that, which fueled growth.
This is a snippet of the transcript, sign up to read more.
Vista's success comes from going back to the basics. Many companies might decide to hire 10 sales reps and send them out. Vista focuses on foundational steps first. We identify our ideal customer profile. Surprisingly, many companies don't do this, but we have a methodology to pinpoint the right customers. Out of a thousand customers, we focus on 300 with a higher propensity to buy, ignoring the other 700. Defining this is basic but crucial, and Vista has a methodology to achieve it.
This is a snippet of the transcript, sign up to read more.
The approach to identifying the ICP, like many companies, involves looking at the industry and size to define an ideal customer profile. I think that's what everyone does, right? However, it goes deeper than that. This is part of the white paper they have. They identify five characteristics that truly define an ideal customer profile. Beyond industry and size, we excel when the customer uses a specific type of ERP system. For example, if they have SAP, we perform better. I'm making this up, but if they have SAP, they're more likely to buy from us than if they have Oracle. So, we prioritize SAP customers. If they have specific resources within the organization, such as procurement resources for a warehouse application software, it makes them a better fit for us. They go on LinkedIn to check if these roles exist within the company, which increases the likelihood of purchase. One example I can give is from the marketing organization. If they spend a certain amount on insights and advertising, anything below that is not our focus. It's more about tactical characteristics rather than just demographics.
This is a snippet of the transcript, sign up to read more.
This document may not be reproduced, distributed, or transmitted in any form or by any means including resale of any part, unauthorised distribution to a third party or other electronic methods, without the prior written permission of IP 1 Ltd.
IP 1 Ltd, trading as In Practise (herein referred to as "IP") is a company registered in England and Wales and is not a registered investment advisor or broker-dealer, and is not licensed nor qualified to provide investment advice.
In Practise reserves all copyright, intellectual and other property rights in the Content. The information published in this transcript (“Content”) is for information purposes only and should not be used as the sole basis for making any investment decision. Information provided by IP is to be used as an educational tool and nothing in this Content shall be construed as an offer, recommendation or solicitation regarding any financial product, service or management of investments or securities. The views of the executive expressed in the Content are those of the expert and they are not endorsed by, nor do they represent the opinion of In Practise. In Practise makes no representations and accepts no liability for the Content or for any errors, omissions, or inaccuracies will in no way be held liable for any potential or actual violations of laws, including without limitation any securities laws, based on Information sent to you by In Practise.
© 2025 IP 1 Ltd. All rights reserved.