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Strategic Prospecting and Strategic Prospecting and

Strategic Prospecting and - PowerPoint Presentation

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Uploaded On 2016-06-23

Strategic Prospecting and - PPT Presentation

Preparing for Sales Dialogue Learning Objectives Discuss why prospecting is an important and challenging task for salespeople Explain strategic prospecting and each stage in the strategic prospecting process ID: 375010

strategic prospecting salespeople process prospecting strategic process salespeople sales customers customer information buyers plan learning objectives developing opportunities organization

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Presentation Transcript

Slide1

Strategic Prospecting and Preparing for Sales DialogueSlide2

Learning Objectives

Discuss why prospecting

is an important and challenging

task for salespeople.Explain strategic prospecting and each stage in the strategic prospecting process.Describe the major prospecting methods and give examples of each method.

L

1

L

2

L

3Slide3

Learning Objectives

Explain the important components of a strategic prospecting plan.

Discuss the types of information salespeople need to prepare for sales dialogue.

L

4

L

5Slide4

Why Buyers Won’t See Salespeople

They may have never heard of the salesperson’s firm.

They may have just

bought the salesperson’s product category, and there is presently no need.

Buyers may have their own deadlines on other

issues, and they are not in a receptive mood to seeany salespeople.Buyers are constantly getting calls

fromsalespeople and do not have the time tosee them all.Gatekeepers in any organization

screentheir bosses’ calls and sometimes arecurt

and even rude.Slide5

The Importance and

Challenges of Prospecting

Customer-bases are not permanent, salespeople may lose customers due to:

Low satisfactionCompetitionEconomic fluctuationOther forms of attrition

The prospecting process is can be longIt may take weeks to replace a lost customer

with a new oneRevenue streams can fluctuate if “pipeline” isn’t managed_______________________and often includes a lot of rejectionSlide6

Ethical DilemmaSlide7

The Strategic Prospecting Process

A process designed to

________, ________,

and ___________ sales opportunities, whether they represent potential new customers or

opportunities to generate additional business from existing customers.

Sales

Funnel orPipeline:

A

representation

of the trust-based sales

process and strategic sales prospecting process.Slide8

Strategic Prospecting Process

Ideal Customer Profile

:

The characteristics of a firm’s best customers or the perfect customer.Slide9

Popular Prospecting Sources & MethodsSlide10

Developing a Strategic Prospecting PlanSlide11

Developing a Strategic Prospecting PlanSlide12

Gathering Precall Information:The ProspectSlide13

Gathering Precall Information:The Prospect’s OrganizationSlide14

Ethical DilemmaSlide15

Role Play