SlideShare une entreprise Scribd logo
1  sur  27
Télécharger pour lire hors ligne
PROSPECTING
Sales Management
Text Book: Fundamentals of Selling – Customers for
life through services by Charles M. Futrell (12th
Edition)
Pre-Class Reading – Chapter 7
PROSPECTING – THE LIFEBLOOD OF
SELLING
 People tend to do business with the people they know.
 Perception that salespeople are not honest or ethical.
 Buying from a stranger is getting harder and harder.
 People want to trust the person they buy from.
2
STEPS BEFORE THE SALES
PRESENTATION
 Obtain an appointment with the prospect.
 Plan the sales interview / presentation.
 Do your background work.
 20% presentation – 40% preparation – 40% follow-up.
3
WHY PROSPECTING?
1. To increase sales.
2. To replace customers that will be lost over time.
4
A PROSPECT SHOULD NOT BE
CONFUSED WITH A LEAD
 Once the lead has been qualified, it becomes a prospect.
5
FIND PEOPLE THAT ARE MAD!!!
 Does the prospect have money to buy?
 Does the prospect have authority buy?
 Does the prospect have desire to buy?
6
LEAKING BUCKET CUSTOMER CONCEPT
Obtaining new customers and selling more products to
present customers are the ways to increase sales.
7
PROSPECTING METHODS
 E-Prospecting on the web
 Individuals
 Organizations
8
PROSPECTING METHODS
 Cold Canvassing
 Law of averages
 1 out of 10 persons will buy the product
 Contact as many leads as possible
 No prior knowledge about the prospect
 Entirely volume based
9
PROSPECTING METHODS
 Endless Chain Customer Referral
 Customer refers the salesperson that they know to someone else.
 Very effective method.
 Hesitate that their associates may not want to be pestered.
10
PROSPECTING METHODS
 Orphaned Customers
 Salesperson has left the company.
 Backlog of inactive accounts.
 Call them again and find out why they’re not buying from you anymore.
11
PROSPECTING METHODS
 Sales Lead Clubs
 Salespeople in related but non-competitive fields.
 Grant membership to only one salesperson from each specific field.
12
PROSPECTING METHODS
 Prospect Lists
 List out the characteristics of your desired prospects.
 Search in library or industry databases.
 What publications do your prospects read?
 Buy targeted databases.
13
PROSPECTING METHODS
 Getting Published
 Submit articles about field or industry in journals, trade magazines or
newspapers.
 Information that people can genuinely use.
 Don’t worry about getting paid, just request them to post your contact
details.
14
PROSPECTING METHODS
 Public Exhibitions & Demonstrations
 Set up an interesting display.
 Write a concise message that fits on the back of a business card.
 Practice two-three key points. But don’t make it sound memorised.
 List out major buyers at the show.
 Maximise your display’s visibility based on flow of traffic.
 Be assertive in approaching passers-by.
 Use lead cards to follow-up prospect information.
 Be prepared for rejection. Don’t take it personally when you’re ignored.
 Your time is too valuable to waste on nonprospects.
15
PROSPECTING METHODS
 Center of Influence
 Find & Cultivate people in community or territory who are willing to
cooperate in helping to find prospects.
 People of particular position and some form of influence over others.
16
PROSPECTING METHODS
 Direct Mail
 Prospects spread across an extended geographical area.
17
PROSPECTING METHODS
 Telemarketing
18
PROSPECTING METHODS
 Observation
 New business construction
 New families moving into the town
 Always keep eyes and ears open
19
PROSPECTING METHODS
 Networking
1. Focus on meeting center-of-influence people.
2. First conversation should be about them. People want to talk about their business and not
yours.
3. Ask open-ended, feel-good questions.
4. “How would I know if someone I’m speaking with would be a good prospect for you?”
5. Get their business card for follow-up.
6. Send a handwritten thank-you note.
7. If you find an article they will enjoy send it to them.
8. Stay on their minds.
9. Send leads.
10. Send a handwritten thank-you note whenever you receive a lead.
20
PROSPECTING GUIDELINES
 Customise or choose a prospecting methods that fits your specific
needs. Do not copy other company’s method.
 Concentrate on high potential customers.
 Always call back on prospects who did not buy. They might like your
new product.
21
COMPONENTS OF THE PROSPECT POOL
22
THE REFERRAL CYCLE
Prospect
Pool
Preapproach
Presentation
Product
Delivery
Service &
Follow-up
23
DON’T MISTREAT THE REFERRAL
 Salesperson who mistreats a referral can lose the referring customer
and the prospect both.
24
ALWAYS MAKE AN APPOINTMENT
 Save time wasted in travelling and waiting.
 Buyer knows you’re coming hence he’s more receptive.
 Gives out a serious, professional image.
 Outward gesture of respect towards a prospect.
 Prospect sets aside the time especially for you.
 You can allocate each day’s selling time as per your appointments.
25
SECRET TO SUCCESSFUL PROSPECTING
 Believe in yourself.
 Develop friends in the prospect’s firm.
 Call at the Right Time on the Right Person.
 Do not waste time waiting.
26
THANK YOU!!!
27
 Grazie
 Gracias
 Domo Arigato
 Merci
 Danke
 Obrigado
 Mahalo
 शुक्रिया

Contenu connexe

Similaire à pert 3 - chapter7-prospecting-151229082557.pdf

12 skills you need to keep your job in sales
12 skills you need to keep your job in sales12 skills you need to keep your job in sales
12 skills you need to keep your job in salesSalesLoft
 
The Ultimate Sales Machine - Chet Holmes
The Ultimate Sales Machine - Chet HolmesThe Ultimate Sales Machine - Chet Holmes
The Ultimate Sales Machine - Chet HolmesCanny Digital
 
17 Tips to Take Your Prospecting Skills to the Next Level
17 Tips to Take Your Prospecting Skills to the Next Level17 Tips to Take Your Prospecting Skills to the Next Level
17 Tips to Take Your Prospecting Skills to the Next LevelRAIN Group
 
How to Use Your Current Client List as Your Secret Lead-Gen Weapon
How to Use Your Current Client List as Your Secret Lead-Gen WeaponHow to Use Your Current Client List as Your Secret Lead-Gen Weapon
How to Use Your Current Client List as Your Secret Lead-Gen WeaponBusiness Wise Inc.
 
Build a global business in russia
Build a global business in russiaBuild a global business in russia
Build a global business in russiaValentina Maykova
 
Build a global business in philadelphia pa
Build a global business in philadelphia paBuild a global business in philadelphia pa
Build a global business in philadelphia paValentina Maykova
 
Sales Development Success
Sales Development SuccessSales Development Success
Sales Development SuccessSales Hacker
 
Build a global business in manhattan
Build a global business in manhattanBuild a global business in manhattan
Build a global business in manhattanValentina Maykova
 
Build a global business from brooklyn new york
Build a global business from brooklyn new yorkBuild a global business from brooklyn new york
Build a global business from brooklyn new yorkValentina Maykova
 
Building a global business from brooklyn new york
Building a global business from brooklyn new yorkBuilding a global business from brooklyn new york
Building a global business from brooklyn new yorkJohn Fisher
 
Build a global business in beverly hills
Build a global business in beverly hillsBuild a global business in beverly hills
Build a global business in beverly hillsValentina Maykova
 
Building a global business in beverly hills
Building a global business in beverly hillsBuilding a global business in beverly hills
Building a global business in beverly hillsJohn Fisher
 
Effective marketing for small business
Effective marketing for small businessEffective marketing for small business
Effective marketing for small businessbran(d)t
 
Personal Selling: Chapter 7
Personal Selling: Chapter 7Personal Selling: Chapter 7
Personal Selling: Chapter 7Mazhar Masood
 
Building a Global Business with Forever Living.
Building a Global Business with Forever Living.Building a Global Business with Forever Living.
Building a Global Business with Forever Living.Be your own Boss.
 
Building a global business in los angeles
Building a global business in los angelesBuilding a global business in los angeles
Building a global business in los angelesValentina Maykova
 
Boris building a global biz eng
Boris building a  global biz engBoris building a  global biz eng
Boris building a global biz engJohn Fisher
 
What I've learnt along the way - 10 tips from 25 years in Sales by Nick Cuff
What I've learnt along the way - 10 tips from 25 years in Sales by Nick CuffWhat I've learnt along the way - 10 tips from 25 years in Sales by Nick Cuff
What I've learnt along the way - 10 tips from 25 years in Sales by Nick CuffNick Cuff
 

Similaire à pert 3 - chapter7-prospecting-151229082557.pdf (20)

12 skills you need to keep your job in sales
12 skills you need to keep your job in sales12 skills you need to keep your job in sales
12 skills you need to keep your job in sales
 
The Ultimate Sales Machine - Chet Holmes
The Ultimate Sales Machine - Chet HolmesThe Ultimate Sales Machine - Chet Holmes
The Ultimate Sales Machine - Chet Holmes
 
Seven Qualities of Top Sales People
Seven Qualities of Top Sales PeopleSeven Qualities of Top Sales People
Seven Qualities of Top Sales People
 
17 Tips to Take Your Prospecting Skills to the Next Level
17 Tips to Take Your Prospecting Skills to the Next Level17 Tips to Take Your Prospecting Skills to the Next Level
17 Tips to Take Your Prospecting Skills to the Next Level
 
How to Use Your Current Client List as Your Secret Lead-Gen Weapon
How to Use Your Current Client List as Your Secret Lead-Gen WeaponHow to Use Your Current Client List as Your Secret Lead-Gen Weapon
How to Use Your Current Client List as Your Secret Lead-Gen Weapon
 
Build a global business in russia
Build a global business in russiaBuild a global business in russia
Build a global business in russia
 
Build a global business in philadelphia pa
Build a global business in philadelphia paBuild a global business in philadelphia pa
Build a global business in philadelphia pa
 
Sales Development Success
Sales Development SuccessSales Development Success
Sales Development Success
 
Build a global business in manhattan
Build a global business in manhattanBuild a global business in manhattan
Build a global business in manhattan
 
Build a global business from brooklyn new york
Build a global business from brooklyn new yorkBuild a global business from brooklyn new york
Build a global business from brooklyn new york
 
Building a global business from brooklyn new york
Building a global business from brooklyn new yorkBuilding a global business from brooklyn new york
Building a global business from brooklyn new york
 
New product development
New product developmentNew product development
New product development
 
Build a global business in beverly hills
Build a global business in beverly hillsBuild a global business in beverly hills
Build a global business in beverly hills
 
Building a global business in beverly hills
Building a global business in beverly hillsBuilding a global business in beverly hills
Building a global business in beverly hills
 
Effective marketing for small business
Effective marketing for small businessEffective marketing for small business
Effective marketing for small business
 
Personal Selling: Chapter 7
Personal Selling: Chapter 7Personal Selling: Chapter 7
Personal Selling: Chapter 7
 
Building a Global Business with Forever Living.
Building a Global Business with Forever Living.Building a Global Business with Forever Living.
Building a Global Business with Forever Living.
 
Building a global business in los angeles
Building a global business in los angelesBuilding a global business in los angeles
Building a global business in los angeles
 
Boris building a global biz eng
Boris building a  global biz engBoris building a  global biz eng
Boris building a global biz eng
 
What I've learnt along the way - 10 tips from 25 years in Sales by Nick Cuff
What I've learnt along the way - 10 tips from 25 years in Sales by Nick CuffWhat I've learnt along the way - 10 tips from 25 years in Sales by Nick Cuff
What I've learnt along the way - 10 tips from 25 years in Sales by Nick Cuff
 

Dernier

Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with CultureSeta Wicaksana
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...lizamodels9
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Roland Driesen
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756dollysharma2066
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Lviv Startup Club
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesDipal Arora
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...Any kyc Account
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsP&CO
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxWorkforce Group
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Neil Kimberley
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756dollysharma2066
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...Aggregage
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMRavindra Nath Shukla
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxAndy Lambert
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 

Dernier (20)

Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and pains
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pillsMifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
 

pert 3 - chapter7-prospecting-151229082557.pdf

  • 1. PROSPECTING Sales Management Text Book: Fundamentals of Selling – Customers for life through services by Charles M. Futrell (12th Edition) Pre-Class Reading – Chapter 7
  • 2. PROSPECTING – THE LIFEBLOOD OF SELLING  People tend to do business with the people they know.  Perception that salespeople are not honest or ethical.  Buying from a stranger is getting harder and harder.  People want to trust the person they buy from. 2
  • 3. STEPS BEFORE THE SALES PRESENTATION  Obtain an appointment with the prospect.  Plan the sales interview / presentation.  Do your background work.  20% presentation – 40% preparation – 40% follow-up. 3
  • 4. WHY PROSPECTING? 1. To increase sales. 2. To replace customers that will be lost over time. 4
  • 5. A PROSPECT SHOULD NOT BE CONFUSED WITH A LEAD  Once the lead has been qualified, it becomes a prospect. 5
  • 6. FIND PEOPLE THAT ARE MAD!!!  Does the prospect have money to buy?  Does the prospect have authority buy?  Does the prospect have desire to buy? 6
  • 7. LEAKING BUCKET CUSTOMER CONCEPT Obtaining new customers and selling more products to present customers are the ways to increase sales. 7
  • 8. PROSPECTING METHODS  E-Prospecting on the web  Individuals  Organizations 8
  • 9. PROSPECTING METHODS  Cold Canvassing  Law of averages  1 out of 10 persons will buy the product  Contact as many leads as possible  No prior knowledge about the prospect  Entirely volume based 9
  • 10. PROSPECTING METHODS  Endless Chain Customer Referral  Customer refers the salesperson that they know to someone else.  Very effective method.  Hesitate that their associates may not want to be pestered. 10
  • 11. PROSPECTING METHODS  Orphaned Customers  Salesperson has left the company.  Backlog of inactive accounts.  Call them again and find out why they’re not buying from you anymore. 11
  • 12. PROSPECTING METHODS  Sales Lead Clubs  Salespeople in related but non-competitive fields.  Grant membership to only one salesperson from each specific field. 12
  • 13. PROSPECTING METHODS  Prospect Lists  List out the characteristics of your desired prospects.  Search in library or industry databases.  What publications do your prospects read?  Buy targeted databases. 13
  • 14. PROSPECTING METHODS  Getting Published  Submit articles about field or industry in journals, trade magazines or newspapers.  Information that people can genuinely use.  Don’t worry about getting paid, just request them to post your contact details. 14
  • 15. PROSPECTING METHODS  Public Exhibitions & Demonstrations  Set up an interesting display.  Write a concise message that fits on the back of a business card.  Practice two-three key points. But don’t make it sound memorised.  List out major buyers at the show.  Maximise your display’s visibility based on flow of traffic.  Be assertive in approaching passers-by.  Use lead cards to follow-up prospect information.  Be prepared for rejection. Don’t take it personally when you’re ignored.  Your time is too valuable to waste on nonprospects. 15
  • 16. PROSPECTING METHODS  Center of Influence  Find & Cultivate people in community or territory who are willing to cooperate in helping to find prospects.  People of particular position and some form of influence over others. 16
  • 17. PROSPECTING METHODS  Direct Mail  Prospects spread across an extended geographical area. 17
  • 19. PROSPECTING METHODS  Observation  New business construction  New families moving into the town  Always keep eyes and ears open 19
  • 20. PROSPECTING METHODS  Networking 1. Focus on meeting center-of-influence people. 2. First conversation should be about them. People want to talk about their business and not yours. 3. Ask open-ended, feel-good questions. 4. “How would I know if someone I’m speaking with would be a good prospect for you?” 5. Get their business card for follow-up. 6. Send a handwritten thank-you note. 7. If you find an article they will enjoy send it to them. 8. Stay on their minds. 9. Send leads. 10. Send a handwritten thank-you note whenever you receive a lead. 20
  • 21. PROSPECTING GUIDELINES  Customise or choose a prospecting methods that fits your specific needs. Do not copy other company’s method.  Concentrate on high potential customers.  Always call back on prospects who did not buy. They might like your new product. 21
  • 22. COMPONENTS OF THE PROSPECT POOL 22
  • 24. DON’T MISTREAT THE REFERRAL  Salesperson who mistreats a referral can lose the referring customer and the prospect both. 24
  • 25. ALWAYS MAKE AN APPOINTMENT  Save time wasted in travelling and waiting.  Buyer knows you’re coming hence he’s more receptive.  Gives out a serious, professional image.  Outward gesture of respect towards a prospect.  Prospect sets aside the time especially for you.  You can allocate each day’s selling time as per your appointments. 25
  • 26. SECRET TO SUCCESSFUL PROSPECTING  Believe in yourself.  Develop friends in the prospect’s firm.  Call at the Right Time on the Right Person.  Do not waste time waiting. 26
  • 27. THANK YOU!!! 27  Grazie  Gracias  Domo Arigato  Merci  Danke  Obrigado  Mahalo  शुक्रिया