Prospecting: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Prospecting

  • the process of identifying people or organizations that are likely to buy a product or service

Wiktionary Definition for: Prospecting

  • present participle of prospect

Additional Resources

Prospecting for the major Sale
Ask any salesperson what part of selling they dislike and they will almost universally answer with one word-Prospecting. No matter how capably trained as consultative, customer-focussed seller, no matter how expertly they’ve masterd the art os selling, nearly every salesperson hates prospecting. The given article teaches how one can leverage...
Tags: Matter
White papers 2003-01-01
Prospecting: The Most Important Part of Selling
This article says that prospecting is the focused, persistent and systematic method of developing sales leads and beginning relationships that lead to sales. It also explains some key points like be brief and to the point, run the numbers, get organizedand use time properly, prepare a prospecting script. Prospecting is...
Tags: Harvest, Sales Strategy, Sales Force Management, Productivity, Sales
White papers 1999-01-20
Powerful Prospecting
Many sales professionals are uncomfortable with prospecting and targeting new business, primarily for one of the following reasons: Fear of rejection, fear of offending, ineffective prospecting skills. The fear of rejection and offending generally lessens once the sales person has mastered prospecting skills. If not, they probably should consider another...
Tags: Skill, Rejection, Sales Strategy, Sales Force Management, Sales
White papers 2003-05-26
Improving Prospecting Performance
Improving Prospecting PerformanceGood ProspectingI feel that proper reserach done is half the job done.In most of the cases the sale doesn't happen as the sales guy doesnt have a clear understanding of the requirements of the client.He will merely be pushing the customer to buy which will further increase the...
Tags: performance
Discussion threads 2007-11-13
Everything You Need to Know about NASD Rules on Variable Annuity and Variable Insurance Prospecting and Sales in One Comprehensive E-Learning Course
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c30425) has announced the addition of E-Learning Course: NASD Rules on Variable Annuity and Variable Insurance Prospecting and Sales to their offering. This course provides a summary of the current rules on prospecting for financial services and products sales. The rules have been...
Tags: annuity, e-learning, financial, insurance, NASD, SALES
Research articles 2006-01-06
Real-Time Collaborative Prospecting
The article highlights that a well-orchestrated multi-touch B2B marketing campaign should include outbound telemarketing as part of the plan. Unfortunately, many sales team members dread making cold calls. When initial prospecting efforts are outsourced, companies can save costs related to: salaries and bonuses, benefits, management and human resources infrastructure etc....
Tags: Outsourcing & Subcontracting, Business Operations, It Operations, Sales, Outsourcing, Sales Tools, Outsource, Cold Calling
White papers 2003-01-01
Why Consider ~Sales Prospecting~ as a Sales Management Training Course
The last thing a sales manager wants to do is to go through a certification course in 'Sales Prospecting'. They've been there and they've done that, or they'd not have been promoted to a sales manager level. After all, that's up to the sales rep. That's why they are hired...
Tags: Sales, Sales Force Management, Sales Strategy, Training, Sales Manager
White papers 2006-05-29
The New Old Ways Of Prospecting
An important element of the sales activity is the prospecting of new customers. The new-age customer has significantly changed in recent years. Today the customers are highly informed, tech-savvy individuals with a high level of financial services knowledge. This presents a formidable challenge for the personnel engaged in the sales...
Tags: Customer, Financial Accounting, Financial Planning, Finance, Financial
White papers 2001-04-01
Time Management Techniques For Sales Professionals
You lose financially if you aren't focused on doing the right things at the right time. Or you have to work yourself to death to hit your targets. A little planning before you take action you can help you to get the financial rewards you want without working so hard....
Tags: IKnowNow, Sales Strategy, Sales Force Management, Time Management, Sales, Productivity
White papers 2007-11-21
Norway opens the door to oil prospecting in the Arctic
OSLO AFP ? The Norwegian government partially opened the door to oil prospecting in its Arctic waters, giving the conditional go-ahead for test drilling in the Barents Sea but ruling it out in waters around the picturesque Lofoten islands. The Nordland VI block, located southwest of the Lofoten archipelago...
Tags: Agence France-Presse, FINANCE, Government, Investment, Norway, Oslo, SOFTWARE, stock
Research articles 2003-12-15
Centurion Announces Granting of Mining and Prospecting Rights
JOHANNESBURG, South Africa -- Centurion Gold Holdings, Inc. announced today that the Department of Minerals and Energy has approved the Mining Rights for Omaruru Gold Mine and the Prospecting Rights for Majormatic Naboom Platinum. Arthur Johnson, CEO of Centurion, said, "The Company is especially excited about the Naboom Platinum project....
Research articles 2006-11-06
Botswana Diamond Property Acquired
VANCOUVER, British Columbia--BUSINESS WIRE--June 9, 1999-- The Company (VSE:TMI) (OTC BB:TMICF) reports that it has received approval from the Government of the Republic of Botswana for four prospecting licenses No. 38/99, 39/99, 40/99, 41/99 totaling 3,664 square kilometers in the Kokong area in Botswana. The four licenses surround licenses...
Tags: Business Wire, Company, diamond, FINANCE, Investment, Vancouver
Research articles 1999-06-09
InvestSource: Global Prospecting Reaches Gold Property Agreement in British Columbia.
M2 PRESSWIRE-7 July 2005-InvestSource Inc.: InvestSource: Global Prospecting Reaches Gold Property Agreement in British ColumbiaC1994-2005 M2 COMMUNICATIONS LTD RDATE:07072005 Stocks in the News: Global Prospecting Ventures (Other OTC: GPVN), Teva Pharmaceuticals Industries Limited (NASDAQ: TEVA), Cell Therapeutics Incorporated (NASDAQ: CTIC),...
Tags: agreement, Company, Federal Reserve Board, Government, Nasdaq Stock Market Inc.
Research articles 2005-07-07
Global Prospecting Ventures CEO Judy Taylor gives wide-ranging interview: GPVN, GME, SMIT, SDS.
M2 PRESSWIRE-22 July 2005-InvestSource Inc.: Global Prospecting Ventures CEO Judy Taylor gives wide-ranging interview: GPVN, GME, SMIT, SDSC1994-2005 M2 COMMUNICATIONS LTD RDATE:22072005 Stocks in the News: Global Prospecting Ventures Incorporated (Other OTC: GPVN), Gamestop Corporation (NYSE: GME), Schmitt Industries Incorporated...
Tags: CEO, FINANCE, GameStop Corp., Investment, Judy, Nasdaq Stock Market Inc., New York Stock Exchange
Research articles 2005-07-22
Cathedral Gold - Additional Gold Zones Discovered on the East Kaburi Prospecting Licence, Kaburi-Eldorado Project, Guyana
VANCOUVER, BC--BUSINESS WIRE--OCTOBER 13, 1995--CATHEDRAL GOLD (TSE:CAT) Three separate zones of gold mineralization have been discovered on Cathedral's 12,000 acre (50 sq. km.) East Kaburi Prospecting Licence. The East Kaburi Prospecting Licence is located between Cathedral's Hicks Zone gold deposit and the recently announced Tallman gold discovery.The Nurse,...
Tags: acre, Business Wire, kilometer, licence, Manufacturing, MARKETING, Vancouver
Research articles 1995-10-13
Prospecting Is The Only Way To Discover Sales Gold
From the executive summary: ‘Cold calling is one of several techniques a successful salesperson uses to prospect for new business opportunities. The process can be arduous, but it is vital since only a small percentage of all business leads turn into qualified prospects and only qualified prospects turn into happy...
Tags: Sales Force Management, Sales, Sales Strategy, Productivity, Sales Tools, Prospect
White papers 2003-01-01
Everything You Need to Know about NASD Rules on Variable Annuity and Variable Insurance Prospecting and Sales in One Comprehensive E-Learning Course.
M2 PRESSWIRE-6 January 2006-Research and Markets: Everything You Need to Know about NASD Rules on Variable Annuity and Variable Insurance Prospecting and Sales in One Comprehensive E-Learning CourseC1994-2006 M2 COMMUNICATIONS LTD RDATE:06012006 Dublin - Research and Markets (http://www.researchandmarkets.com/reports/c30426) has announced...
Tags: annuity, e-learning, financial, insurance, NASD, SALES
Research articles 2006-01-06
MapInfo Introduces New Location Intelligence Application for IBM Core Life Insurance Solution; MapInfo Prospecting Portlet for IBM WebSphere Portal Helps Insurance Agents Find Ideal Customers
LAS VEGAS & TROY, N.Y. -- MapInfo Corporation (NASDAQ: MAPS), the leading global provider of location intelligence solutions, today announced that IBM has selected MapInfoR technology to power the new Prospecting portlet in IBM's Core Life Solution for the insurance industry. Building on the company's relationship with IBM, the MapInfo...
Tags: IBM Corp., IBM WebSphere, insurance, life insurance, MapInfo, portal, portlet
Research articles 2006-05-23
The Art Of Prospecting For Customers
There are a variety of new tools for reaching out to potential customers, ranging from flashy multimedia presentations to sophisticated selling software. Unfortunately, sizzle too often has become a substitute for substance, and many salespeople have forgotten the basics of prospecting. They're sending out e-mail messages and waiting for prospects...
Tags: Edward Lowe Foundation, Article, Productivity, Sales Tools, E-mail, Sales, Online Communications
White papers 2003-01-01
Sophisticated prospecting tips for upscale mkts.(interview with Phoenix Home Life district manager Eric Tobias)(Prospecting & Marketing Tips That Work)(Interview)
Phoenix Home Life district manager Eric Tobias discusses the use of effective prospecting to build relationships with insurance customers. Tobias' team took on Kodak employee with a policy that no insurance agents wanted to service in order to gather crucPhoenix Home Life district manager Eric Tobias discusses the use of...
Tags: insurance, marketing, Phoenix Technologies
Research articles 1996-04-01
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