Sales2 Flashcards

1
Q

Strategic Prospecting

A

A process designed to identify, qualify, and prioritize sales opportunities, whether they represent potential new customers or opportunities to generate additional business from existing customers.

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2
Q

Sales Funnel/Pipeline

A

A representation of the trust-based sales process and strategic prospecting process in a specific form.

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3
Q

Sales Leads/suspects

A

Organizations or individuals who might possibly purchase the product or services a salesperson offers

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4
Q

Qualifying sales leads

A

The salesperson’s act of searching out, collecting, and analyzing information to determine the likelihood of the lead being a good candidate for making a sale.

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5
Q

Sales Prospect

A

An individual or organization that has a need for the product or services, has the budget or financial resources to purchase the product or services and has the authority to make the purchase decision.

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6
Q

Ideal customer Profile

A

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

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