Most Businesses Are Spending Money on Things That Do Not Work
Thirty years ago I started cold calling at 18. I ran technology businesses, watched marketing departments come and go, and eventually got fed up enough to do something about it. That is what salesXchange is built on — not theory, but three decades of watching what actually fails and working out why.
This article is about digital consultancy: what it is, what it should do, and why most businesses that try to fix their growth problems end up making the same mistakes twice. You will find answers here whether you are an SME trying to scale, a CEO frustrated with marketing, or a founder preparing for investment.
What you will discover:
- Why traditional sales and marketing structures are producing poor results — and whose fault it really is.
- How the right digital consultancy approach changes what you spend, who you need, and what you earn per person.
- What investor-backed businesses keep getting wrong — and why the fault sits with marketing.
- How to think about digital transformation without the hype.
- What separates a genuine B2B Consultant from someone who just takes your watch and tells you the time.
The Real Problem Nobody Wants to Name
The premise of this article is simple. Businesses are failing at a predictable rate, the data on why has been available for years, and yet the same broken approach — more marketing spend, more headcount, more software — keeps getting repeated. A digital consultancy should tell you that plainly. Most do not, because most are selling you something.
Our research shows that of businesses receiving venture capital, 40% fail outright, 75% never return cash to investors, and 95% fail to reach the targets they documented when they sought the money. Harvard Business School's Shikhar Ghosh put a number on this years ago and the situation has not improved. The root cause, in almost every case we have examined, is marketing — specifically the adoption of consumer-grade marketing strategies inside B2B businesses where they were always going to fail.
Strip away the investor angle and the general picture is equally bad. We track these numbers closely at salesXchange:
- 20% of businesses fail in year one
- 30% fail by the end of year two
- 50% have gone by year three
- 91% are gone within ten years
500,000 businesses start in the UK every year. 500,000 close. That is not a coincidence — it is a pattern. And 83% of B2B buyers research digitally before they will speak to anyone. Yet most businesses are still structured around cold calling — roughly 400 calls to find one interested party at about 75 calls per day. That is a treadmill, and it is exactly the kind of thing a credible B2B consultant should be pointing you away from.
An entrepreneur or CEO develops a product and runs a business, yet is constantly dragged into marketing conversations — expected to direct CMOs and marketing managers who will always think and act like employees. Average CMO tenure is 18 months: three months planning, twelve executing, three months heading for the door. This is a recipe for poor results. If you do what you have always done, you will get what you have always got.
The changes required are not unrecognisable. We are not asking you to tear everything down. We are saying you need to restructure your business to reflect the way people actually buy and engage with suppliers today. Done properly, a new revenue strategy will reduce or redeploy headcount, lower marketing costs, and increase your exposure to new business. It will not happen overnight. But it will happen.
Contents
- Digital Consultancy to Focus Engagement
- A Tough Digital Landscape
- Are You Investor Backed?
- Digital Consultancy to Drive Revenue
- What's Your Exit Plan?
- Digital Consultancy & Transformation
- How This Consultancy Can Help
- Key Takeaways
- FAQs
- Conclusion
- Fast Track Your Business
Digital Consultancy to Focus Engagement
Traditional sales and marketing methods are producing diminishing returns. That is not opinion — it is what the numbers say. As a digital consultancy, we work with businesses that have already spent money on things that did not work, and the first thing we do is tell them why. That takes honesty, not a sales pitch.
What we advocate is a restructure that aligns your business with the way buyers actually behave today. Our approach aims to streamline resources, cut unnecessary marketing cost, and broaden your exposure to new business. We do not guarantee overnight results. We do guarantee a planned, analytical approach that changes the trajectory.
Whether you are an SME or a larger organisation, the requirement is the same: consistent new business. If you are trying to stay afloat, raise investment, or eventually sell the business, your ability to attract and retain customers will define your value. That is where a digital consultancy earns its place.
We also work with businesses seeking investment — helping them avoid repeating the mistakes that sank the last round. Our view on investment considerations is deliberately different from what any conventional marketing organisation will tell you, because we come from the selling side, not the marketing side.
As a B2B Digital Selling Consultancy, we can help you build a long-term strategy that increases profitability and reduces your dependency on expensive, inefficient processes. We understand technology from the perspective of having sold it and used it. We understand what it takes to run a business, because that is what we have done. If you want to increase your B2B Digital Growth without inflating your costs further, that is the conversation to have.
A Tough Digital Landscape
The problem has been building for twenty years and the poor advice has been consistent throughout. Consider what the data actually says.
Of businesses that receive venture capital investment:
- 40% fail completely
- 75% never return cash to investors
- 95% fail to reach their own documented targets
Set aside investor-backed businesses and the picture across all businesses remains brutal:
- 20% fail in the first year
- 30% fail in the second year
- 50% fail in the third year
- 91% are gone within ten years
We are not saying change your business into something unrecognisable. We are saying you need to restructure to reflect the way people now buy and engage with suppliers — and the tools that make that possible. A revised strategy will reduce or redeploy headcount, lower marketing costs, and increase your exposure to new business. It is not complicated. But it does require analysis and a plan.
An entrepreneur or CEO develops a product and runs the business, yet is forced into the marketing conversation, and expected to instruct marketing managers and CMOs who will always act and think like employees. This is a recipe for poor results. If you do what you have always done, you will get what you have always got.
Whether you are an SME or an enterprise organisation, the issues are the same. You need consistent new business. And if you are trying to keep your head above water, obtain investment, or sell the business, your ability to attract and retain customers will affect your value. That is precisely where digital consultancy comes into its own.
Are You Investor Backed?
Whether you are thinking about Venture Capital, Private Equity, bank loans, or simply reinvesting and rebuilding, the one thing you must not do is repeat what was done before. The money will run out just as fast, and the business will end up in the same statistics.
The failure rates stacked against investor-backed businesses are not bad luck. There are identifiable reasons they keep happening, and the evidence points consistently to marketing — the strategy, the structure, and the tools chosen to execute it. Marketing has been sold to boards as the answer when it was never designed for B2B selling in the first place.
Before you make a move, talk to us. By phone or video call we can point you in the right direction and give you a perspective that no marketing organisation or individual consultant is likely to offer, because they have a different agenda. We do not.
Digital Consultancy to Drive Revenue
Over the years, marketing, sales, customer services, and support have all been labelled as revenue generation activities. That is correct. The problem is they are still run as silos, each with its own targets, its own tools, and its own view of what success looks like. That structure does not work anymore — if it ever did in B2B.
The non-negotiable is an attraction strategy that works. If you are relying on cold calling — roughly a 400-to-1 shot at finding someone interested, at around 75 calls per day — you are on a treadmill that is costly, stressful, and not scalable.
There is a clear structure inside every business that needs to work in concert: Technology — the operational engine that keeps everything running. Content — the mechanism that tells the market you exist and earns their attention. Revenue — the structure that converts that attention into income. A digital consultancy that understands all three and can map a joined-up, long-term strategy is what changes your profitability trajectory. That is what we do.
The rise of the Chief Growth Officer (CGO), responsible for all three of those areas, reflects exactly this understanding. CGO hiring has grown by over 117% since 2019 — it is now the fastest-growing C-suite title tracked. Yet too often these people come predominantly from a sales background and rarely have genuine experience across technology, content, and revenue together. The expectation is that the CGO will finally bring sales and marketing together. To date, most have not, because they are still working within the old sales and marketing structure rather than replacing it.
The illustration below and downloadable spreadsheet — The New Revenue Org Chart — shows how businesses can move forward by redefining working practices. Reviewing your revenue-generating personnel and budgets against this model will help increase profitability directly.
If you do not have a CMO or CGO, that is not a problem. What matters is that you understand the value of analysis before committing budget. A consultant who will look at your business properly and make logical recommendations — without the agenda of a web developer or a graphic designer — is worth far more than another tool or another hire.

What Is Your Exit Plan?
Before any recommendation can be made, there has to be a reason to make it. In business terms, that means the exit strategy — how you move from where you are now to somewhere better. My assumption is that your objective is to run a successful, profitable company that gives you the freedom to choose what comes next. That is a reasonable objective. It requires a healthy overhead-to-profit ratio to achieve it.
Consider this: the average revenue per person per annum in the UK sits between £80,000 and £120,000. Now consider that Google currently generates over $2 million per employee per year. And Peak Design — a company that makes camera bags and travel gear — ran at well over $1 million per person when they had fewer than twenty staff. Where do you think your business should be sitting?
Google now operates at over $2 million per person per annum. Peak Design, who make camera bags, were generating over $1.2 million per person per annum with a tiny team. Where do you think you should be?

The question is not whether you want better numbers. The question is how you get there without reorganising into something unrecognisable. The answer is to adapt your structure to change the odds in your favour. A successful new revenue strategy enables you to make long-term financial decisions — whether you decide to sell the business, expand through acquisition, or simply run a company that consistently rewards you for building it.
Digital Consultancy and Transformation
Digital transformation is not a new concept. Bill Gates was writing about what technology could do for business in the 1990s. What has changed is the number of connected devices, platforms, and channels available today — and the resulting expectation from buyers that you have thought about their experience before your own convenience.
The skill is linking the different parts together. Not building an empire of disconnected tools, but creating a coherent structure that shows your customers you understand their needs. Business process management software, properly integrated platforms, and the deliberate connection of legacy systems to new functionality are where this gets done. AI tools — whether Claude, ChatGPT, Gemini, or image and video platforms like Midjourney and Higgsfield — can accelerate execution significantly. But they amplify whatever model you give them. A broken strategy executed faster is still a broken strategy. Fix the model first.
Digital transformation requires a company-wide view that accepts technology affects everyone — from the most junior member of staff to your best customer. Both of them, and everyone in between, have a digital connection to your business. Transformation is the opportunity to use that intelligently rather than accidentally.
When it comes to marketing specifically, the question is not what a vendor says the technology can do. It is what the technology actually does where genuine buyer engagement is concerned. We cut through the hype and help put your business on a trajectory for growth without the noise. You can see more on this in our Growth articles.
How This Consultancy Can Help
No matter how long you have been in business, there is always room for a second opinion. We may not have every answer, but we know this much: if you do what you have always done, you will get what you have always got.
We understand technology from the perspective of having sold it and used it inside real businesses. We understand new business generation because that has been the focus of three decades of work. And we understand what it takes to run a company, because this is not an academic exercise for us — it is what we do.
This website is itself a demonstration of that focus. Look around it and you will see the attention to detail and the internal capability to execute. A great deal of the focus here is on revenue, because that is what keeps a business alive. But we also know that lifestyle plays a significant part in why you started the company in the first place. Running a business can be a lonely pursuit. Having someone in your corner who tells you the truth is worth more than most things you could spend money on.
Key Takeaways
- A digital consultancy provides genuine strategic advice to help B2B businesses align with the way buyers actually research and purchase today — not the way they did ten years ago.
- Businesses face predictable, documented failure rates. The data points consistently to poor marketing strategy as the primary cause, not market conditions or bad products.
- Investor-backed businesses repeat the same marketing mistakes and land in the same statistics. Independent, sales-driven advice before committing capital changes the outcome.
- Digital transformation means using technology to improve every part of the business — including the buyer's experience. It requires a whole-company view, not a marketing department initiative. AI tools accelerate execution, but only when the underlying strategy is sound.
- The right consultancy helps businesses fast-track the structural changes required to increase income per person per annum — the most honest measure of whether a business is genuinely efficient.
FAQs
What does a digital consultancy actually do?
A digital consultancy provides expert advice and strategic direction to help businesses align with how buyers engage and purchase today. That includes restructuring the revenue-generation model, reducing unnecessary marketing spend, identifying where digital selling should replace or support direct sales activity, and ensuring technology investments serve a coherent strategy rather than creating more cost and complexity.
How can a digital consultancy help attract and retain customers?
By building a long-term attraction strategy that works without relying on cold calling or expensive, low-return advertising. This means using content, digital selling, and technology to put your business in front of the 95% of your market that is not actively buying right now — so that when they are ready, you are already the credible option they know.
What are the main challenges businesses face in the digital landscape?
The most consistent challenge is applying consumer-based marketing thinking to B2B businesses where it does not fit. That produces high costs, low returns, and mounting frustration. Add to that the documented failure rates — 20% by year one, 91% by year ten — and you can see why the structure and strategy need to change, not just the tools.
How can a digital consultancy help a business seeking investment?
By providing an honest view of what went wrong before — and why — rather than the optimistic projections a marketing agency will produce to win your business. 75% of venture-backed companies never return cash to investors and 95% miss their own targets. Most of those failures are strategy failures, not product failures. Getting the strategy right before asking for money changes the odds significantly.
What is digital transformation and how does it apply to marketing?
Digital transformation is the deliberate use of technology to improve every aspect of your business — including how buyers experience engaging with you. In marketing, it means understanding what technology genuinely does for buyer engagement, not what a vendor says it does. A digital consultancy cuts through the misconceptions and builds a technology strategy that supports a functioning revenue model rather than complicating it.
Conclusion
The evidence is not ambiguous. Businesses are failing at a consistent, predictable rate. The strategies being applied — more marketing spend, more automation, more SaaS tools — are not reversing that trend. The pattern persists because the advice being given is designed to sell services and software, not to fix the underlying model.
A digital consultancy that is worth talking to will tell you what the data says, show you where the structural problems are, and give you a plan that reflects how buyers actually behave today. Not a plan that looks good in a pitch deck. A plan that changes your income per person per annum and gives you options — whether that means growing the business, preparing it for sale, or simply running it more profitably without the constant pressure.
That is what we do. If this resonates with you, let us have a conversation.
Fast Track Your Business
There has been an enormous amount of misinformation in the digital marketing space over the past twenty years, spread by inexperienced people who genuinely believed the hype — and by people who had a financial interest in keeping it going. The result is that digital marketing has been reduced in most B2B organisations to little more than an online brochure, when it should be the commercial foundation of the entire business: the mechanism that communicates your story, defines your market position, and drives your revenue per person per annum upward.
There are two straightforward reasons a business appoints a consultant. Neither of them is about someone taking your watch and telling you the time:
- Not knowing what to do — and appointing a consultant to provide the specialist knowledge and direction you do not currently have.
- Knowing what needs to be done — but needing an external resource to help fast-track the changes without losing momentum in the existing business.
If what you have read on this page reflects the situation you are in, then the conversation is straightforward. Get in touch and let us look at how the salesXchange approach can work for your business.
Everything on this page points to the same diagnosis: most B2B businesses are not failing because of bad products or bad people — they are failing because the go-to-market model is wrong. The structure, the strategy, the roles, and the tools are all built on assumptions that do not hold in B2B selling. The GTM Reset course exists to address exactly that — to show you what the right model looks like and give you the means to implement it.
The course is 20 modules, CPD certified, built on sales fact and not marketing theory. Most CEOs go through it with their VP of Sales, aligning on the diagnosis together before involving the rest of the GTM team and implementing the new strategy.
Review The Reset Today
Nigel Maine is the founder of salesXchange and the architect of the sX Operating System — a B2B commercial framework built from three decades of running technology sales, not from marketing theory.
His work is grounded in a single conviction: that most B2B growth models were designed for consumer buying behaviour and have never been corrected. salesXchange exists to fix that. Nigel works directly with CEOs and commercial leadership teams across Technology, SaaS and Professional Services to rebuild their GTM infrastructure from first principles.
He is a published author, public speaker and hosts a weekly B2B live show broadcast across LinkedIn, YouTube and Facebook. Contact: 0800 970 9751 or








































