SlideShare a Scribd company logo
Build a new business pipeline for
an existing business or
To find new
customers
Where does your new business
come from?
Friends?
Networking?
Dad’s
friends?
Websites,
internet?
Referrals?
SOCIAL NETWORKS?
Just being in the right place at the
right time?
Are you
always
too
busy
to look
for new
business?
It’s easy to put new
business activity
on the back
burner when times
are good.
But then you have to start from
scratch when you need to look for more.
Step 1: Decide what it is you’re
selling
Step 2: Decide who your
target customer is
Step 3: Set up a database of
prospects
Step 4: Define your marketing
survey
Referrals
Websites
Networking
Pre-qualified
leads
Exhibitions(expos)
Marketing
activities to
generate
enquiries
Directory Entries
Webinars
Seminars
Genuine, pre-
qualified
leads
Referrals from
existing
customers
There are many ways of generating your own
leads
Friends
and
colleagues
Walk the mile…
It helps if you already
have the contact details
of people who are
interested in what you sell
People whose details you already have, will
already have given permission for you to
contact them - this is called
Explicit Permission
Implicit permission is where someone
hasn’t specifically given permission to be contacted, but
they haven’t specifically said they don’t want to
be contacted either.
For the prospective customer, it’s the
difference between
Opt-In and Opt-Out
You might look at their industry sector,
size,turnoveror location.
The Pareto
Principle
(also known as
the 80/20 Rule)
says that – as a
general rule of
thumb ...
(Wilfredo Pareto, Italian economist 1848 – 1923)
80% of
your
sales/results
come from
20% of
your
customers/
efforts,
so look for this
type of customer !
80% Results20% Effort
The next question to
askis whetherthis
typical
customer, is
actually who you
want ornot. If
they’re not, what
you’ve been doing so
faris looking forthe
wrong kind of
customer.
• Attitudes
• Expectations
• Environment
• Economic
• Legal
• Social
• Cultural
• Ecologic
• Benchmarking
• Volume of sales (units, $)
• Number of competitors
• Market share
• Leader
• Strategies of the leader
• technology
This is the qualitative
section that you will
investigate WITH
YOUR CLIENTS
This is what you
will find in the
secondary
databases
New pipeline for developing new products or serrvices
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New pipeline for developing new products or serrvices