Efficient organization of time and through planning of work are earmarks of above-average salespersons. They look for ways to 'stretch' productive selling time.
the first step in the selling process; the activity of seeking out potential customers.
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Prospecting " Process of finding potential customers by advertising specifically to groups of non-customers.
Psychographics " Descriptive information about groups of people, such as lifestyle, attitudes, and values.
Prospecting: in personal selling, finding new potential customers who have the ability, authority and willingness to purchase.
Group Prospecting - finding new customers by displaying and demonstrating merchandise at functions, clubs, home parties, etc..
Prospecting Methods for Insurance
Prospecting is the key to success for an insurance agent. Effective prospecting ensures that the agent has a steady flow of people that he can contact about their insurance needs.
Prospecting is all about finding prospects, or potential new customers. Prospects should be ‘qualified,' which means that they need to be assessed to see if there is business potential, otherwise you could be wasting your time.
finding new potential customers who have the ability, authority and willingness to purchase.
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Prospecting: The process of locating potential customers through outside lists.
Prospect List: A list of qualified prospects a company believes is likely to order from them.
Prospecting Mailing or telemarketing to prospects who are not yet your customers. Psychographics A way of grouping people by wealth, orientation, hobbies and interests.
Lori Weiman, B2B Prospecting on a Small Budget, ClickZ, 20 Sept 2010. Explains how to (1) establish expertise, (2) inspire word-of-mouth, (3) identify prospects using low-cost tools, (4) e-mail, and (5) capture leads.
Host a prospecting seminar? Usually a lot! What does it cost to build your business from referrals? Virtually nothing! A referral-based business model is always the most profitable.
I look to leverage the full life-time value of my clients.
At this point it is important to discuss the level of involvement of each party from the prospecting phase to the closing phase of the deal.
Who will prospect new leads? Is the company delegating it entirely to the sales partners? Or vice versa?
Directories - classified lists of names and adresses of individuals and organisations used in selling for prospecting for new accounts and in marketing research as sources of secondary data.
Perry Marshall's Guerilla Marketing for Hi-Tech People is an audio-CD which discusses 21 Guerilla ways to eliminate cold prospecting and wasted advertising money
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See also: Prospect, Marketing, Market, Service, Customer