Consider the market research and prospect qualification activities described earlier. This work is necessary for kick-starting the sales process—you can't sell to a company if you can't identify their key business influencers and what they need.
Tele-prospecting is tedious, time-consuming and perhaps not the most efficient use of well-compensated sales resources. A company's sales leaders should concentrate their attention on what they do best: converting qualified prospects into high-margin customers. The opportunity cost of using your expensive salespeople for "high-in-the-sales-funnel" suspect-to-prospect research activities may not make financial sense.
Bill Farquharson is a respected industry expert and highly sought after speaker known for his energetic and entertaining presentations. Bill engages his audiences with wit and wisdom earned as a 40-year print sales veteran while teaching new ideas for solving classic sales challenges. Email him at bill@salesvault.pro or call (781) 934-7036. Bill’s two books, The 25 Best Print Sales Tips Ever and Who’s Making Money at Digital/Inkjet Printing…and How? as well as information on his new subscription-based website, The Sales Vault, are available at salesvault.pro.
Very much alive and now officially an industry curmudgeon, strategic growth expert T. J. Tedesco can be reached at tj@tjtedesco.com or 301-404-2244.