Saturday, September 8, 2012

How to mine and develop a new market

How to get meetings that lead to sales is one of the most challenging problems companies face today. It is a particular issue for companies that do not yet have a brand name.

The article about cold calls and getting past the gatekeeper prompted a new thoughts:
  • When the message is on target cold emails and calls work
  • LinkedIn connections are the best way to get great meetings
  • When the addressable market or territory is small connections often don't work
  • It is always critical to follow industries, companies, and prospects through social media
  • Building a network offline is always important even when the individuals are not prospects
Today's sales leaders prefer a direct approach that is focused on cold outreach. Networking with people who are not direct prospects is not considered valuable. Social media is seen as a waste of time as monitoring for trigger events takes time away from sales.

 This has to change as prospects today prefer a different way to engage.

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