Thursday, February 15, 2018 10:22:18 AM
Simply based on the number of salemen they have and the number of orders/systems shipped over the last few years.
I believe ONE good sales guy who is on the road 90% of the year should be able to average AT LEAST 1 to 2 V300 sales per week. That would be $24mil in sales per year for ONE GUY.
VirTra has 5+ sales guys and what do they do? Sit in the office (my guess). They are not on the road 100% of the time. They should be.
I also base it on chatter about stupid-silly things like leasing models and regional centers and junk like that.
For whatever reason, they fail to take the easy and obvious way to ramp sales to 40 or 50% YOY growth. Get the sales guys in front of the customer and pay them a healthy commission.
Has anyone from VirTra visited the Wausau, WI police dept? Metro is 100k. It is FLUSH with cash. No one has visited. Same with Green Bay, WI. Same with Eau Claire, etc. And REALLY SADLY, I don't think anyone from VirTra has beat the streets of the Twin Cities metro departments where they could likely sell 100 of these systems if they tried. But they don't try.
Recent VTSI News
- VirTra Awarded $5.9M Prototype Contract from U.S. Army IVAS Prime Contractor Microsoft • GlobeNewswire Inc. • 04/18/2024 12:00:00 PM
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- VirTra Sets Fourth Quarter and Full Year 2023 Conference Call for Monday, April 1, 2024 at 4:30 p.m. ET • GlobeNewswire Inc. • 03/18/2024 12:00:00 PM
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- VirTra CEO John Givens Appointed as Executive Committee Chair for National Center for Simulation • GlobeNewswire Inc. • 02/15/2024 01:00:00 PM
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- VirTra Debuts New Integration of VBS4 at I/ITSEC 2023 to Support Military Clients • GlobeNewswire Inc. • 11/29/2023 10:30:00 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 11/14/2023 07:22:37 PM
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