SlideShare a Scribd company logo
1 of 3
Every business endeavor or enterprise must have a strategy. Business Development strategies are those
that are formulated to increase the revenue of the enterprise. A business development the strategy
needs to be well thought out, sound, appropriate, and doable.



Business development strategies help you decide where your revenue is going to come from and how
you intend to acquire it. Business is heading, how it will get where you want it to be, when you've got
there and what the success measures are.



Business development strategies are effective in leading to a viable profitable enterprise. These
strategies, when well executed, will create income, repeat and referral business. The success of a
business development strategy is based on the robustness of the Plan, your People and the Performance
of both. To create a stable business, organizations rely in three factors, on their People, on business
their Plan and on the measurement of the Performance of both.



Above we have the three core aspects of any business which are People, Plan and Performance. We
have talked about business plan; now let’s focus on your people and their performance.



This mean, for an organization to achieve maximum potential and increase sales momentum, it is
necessary that the sales team represent is executing the right sales activities consistently and
persistently and that business strategies are continually being reviewed and improved based on results.
Businesses can achieve an increase in sales by following a systematic approach. Without a well executed
sales system, results will typically fluctuate up and down and growth is no longer consistent over time.



When a plan needs to be change, this can be done easily. However, businesses rely on their people to
execute the plan and increase sales. While most businesses focus on the plan, they focus less on
developing their people and the skills they need to make the plan successful. Not up skilling your staff
has an adverse effect on sales results.



The major challenge is that Businesses can change their business plan, but they cannot change their
people so easily. Businesses rely on their people to develop their business and increase sales and
business momentum yet some businesses give little importance to up skilling their sales team. Not up
skilling or staff as adverse effects on sales results. Your salespeople are also likely to be viewed as not
as credible as those representing your competition.
Organizations that cut corners typically do not achieve their financial potential. Can identify their sales
team weaknesses and strengths .To achieve your results there are a number of tools that can be used to
identify the strengths and weaknesses of your sales team and they tell you where the focus of
development needs to be. And avoid the consequences of cutting corners. The Expression profile, for
example, is a tool designed to identify and measure sales traits. It is able to predict the current and the
future performance of your sales team. This tool alone will give you understanding if you are going to
reach your sales targets.



 Using a sales profile, for example, Expression, to identify your staff sales weaknesses and strengths will
enable you to understand which the areas of focus. At this stage you are in the position of investing in
your sales team. Investing in your business plan is as important as investing in your sales team.



Mature and responsible businesses are now in pursuit of sales excellence. Consumers are saviors; clients
evaluate your product based on your sales team actions, and attitudes. Consumers will then look at the
features and benefits of your product or service.



The key to success sales is:

1.      Having a strong and robust business development strategy

2.      Training and developing your people

3.      Have a competitive advantage over your competition



Having the right business development strategies and empowering the sales team to develop their sales
skills, to reach their goals, is not a cost, rather an investment to organizational success. The business
then gets return on investment.



Businesses have evolved, people have evolved and so our sales training. The sales training
methodologies reflect the makeup of current client demands. It is necessary to understand client
attitudes and feelings. We are talking about underlying causes as to how the client makes choices - why
do they buy from others and not from you. In sum how do clients evaluate your product? Generally,
clients evaluate your product based on your sales team actions, attitudes and just then they look at the
features and benefits of your product or service.
In essence, a business performance is conditioned by the performance of their sales team. We do like to
offer the perspective that sales training is a currency like money with which you buy stuff. Sales training
is not about protecting you FROM something. It is about protecting you FOR something, like not loosing
opportunities.

More Related Content

What's hot

Strategic Resource Solutions Group Services Overview
Strategic Resource Solutions Group Services Overview Strategic Resource Solutions Group Services Overview
Strategic Resource Solutions Group Services Overview larryorourke
 
CHARMING SALES CONSULTING FIRM
CHARMING SALES CONSULTING FIRMCHARMING SALES CONSULTING FIRM
CHARMING SALES CONSULTING FIRMCharlene Taylor
 
THE 5 KEYS TO RETAIN CUSTOMERS FOR LIFE [INBOUND 2014]
THE 5 KEYS TO RETAIN CUSTOMERS FOR LIFE [INBOUND 2014]THE 5 KEYS TO RETAIN CUSTOMERS FOR LIFE [INBOUND 2014]
THE 5 KEYS TO RETAIN CUSTOMERS FOR LIFE [INBOUND 2014]HubSpot
 
Top 12 tips for driving consistent sales growth
Top 12 tips for driving consistent sales growthTop 12 tips for driving consistent sales growth
Top 12 tips for driving consistent sales growthIBG-World
 
Motivating Your Sales Team
Motivating Your Sales TeamMotivating Your Sales Team
Motivating Your Sales TeamMenes Menes
 
Salesmanagerleadtraining 12698753627422-phpapp01
Salesmanagerleadtraining 12698753627422-phpapp01Salesmanagerleadtraining 12698753627422-phpapp01
Salesmanagerleadtraining 12698753627422-phpapp01LLoyd Lofton L.U.T.C.
 
Sales man to sales manager
Sales man to sales managerSales man to sales manager
Sales man to sales managerWincent Joseph
 
Journey Of Sales Manager
Journey Of Sales ManagerJourney Of Sales Manager
Journey Of Sales ManagerS. M. Tipu
 
Top sales management skills
Top sales management skillsTop sales management skills
Top sales management skillsTopList247
 
How to Be a Brilliant Sales Manager
How to Be a Brilliant Sales ManagerHow to Be a Brilliant Sales Manager
How to Be a Brilliant Sales ManagerSalesLoft
 
About win 2017
About win 2017About win 2017
About win 2017John Casey
 
Sales Methodology Implementation Journey
Sales Methodology Implementation JourneySales Methodology Implementation Journey
Sales Methodology Implementation JourneyThe Naro Group
 
Essential Skills Required To Succeed As An Entrepreneur
Essential Skills Required To Succeed As An EntrepreneurEssential Skills Required To Succeed As An Entrepreneur
Essential Skills Required To Succeed As An EntrepreneurNeil Haboush Judgement
 
Our Small Business Consulting Services
Our Small Business Consulting ServicesOur Small Business Consulting Services
Our Small Business Consulting ServicesTerry Socall
 
How to Turn Your Customers into your sales team - TEC 401
How to Turn Your Customers into your sales team - TEC 401How to Turn Your Customers into your sales team - TEC 401
How to Turn Your Customers into your sales team - TEC 401Iven Frangi
 
Sell Like a Pro - 7 essential skills used by smart sales people
Sell Like a Pro - 7 essential skills used by smart sales peopleSell Like a Pro - 7 essential skills used by smart sales people
Sell Like a Pro - 7 essential skills used by smart sales peopleJUDE ODUM
 
How to motivate for marketing to all
How to motivate for marketing  to allHow to motivate for marketing  to all
How to motivate for marketing to allkannanexpert
 

What's hot (20)

Strategic Resource Solutions Group Services Overview
Strategic Resource Solutions Group Services Overview Strategic Resource Solutions Group Services Overview
Strategic Resource Solutions Group Services Overview
 
CHARMING SALES CONSULTING FIRM
CHARMING SALES CONSULTING FIRMCHARMING SALES CONSULTING FIRM
CHARMING SALES CONSULTING FIRM
 
THE 5 KEYS TO RETAIN CUSTOMERS FOR LIFE [INBOUND 2014]
THE 5 KEYS TO RETAIN CUSTOMERS FOR LIFE [INBOUND 2014]THE 5 KEYS TO RETAIN CUSTOMERS FOR LIFE [INBOUND 2014]
THE 5 KEYS TO RETAIN CUSTOMERS FOR LIFE [INBOUND 2014]
 
Top 12 tips for driving consistent sales growth
Top 12 tips for driving consistent sales growthTop 12 tips for driving consistent sales growth
Top 12 tips for driving consistent sales growth
 
Motivating Your Sales Team
Motivating Your Sales TeamMotivating Your Sales Team
Motivating Your Sales Team
 
Salesmanagerleadtraining 12698753627422-phpapp01
Salesmanagerleadtraining 12698753627422-phpapp01Salesmanagerleadtraining 12698753627422-phpapp01
Salesmanagerleadtraining 12698753627422-phpapp01
 
Why a marketing plan 2
Why a marketing plan 2Why a marketing plan 2
Why a marketing plan 2
 
Sales man to sales manager
Sales man to sales managerSales man to sales manager
Sales man to sales manager
 
Journey Of Sales Manager
Journey Of Sales ManagerJourney Of Sales Manager
Journey Of Sales Manager
 
Top sales management skills
Top sales management skillsTop sales management skills
Top sales management skills
 
How to Be a Brilliant Sales Manager
How to Be a Brilliant Sales ManagerHow to Be a Brilliant Sales Manager
How to Be a Brilliant Sales Manager
 
About win 2017
About win 2017About win 2017
About win 2017
 
Sales Methodology Implementation Journey
Sales Methodology Implementation JourneySales Methodology Implementation Journey
Sales Methodology Implementation Journey
 
Focus on Motivation
Focus on MotivationFocus on Motivation
Focus on Motivation
 
Essential Skills Required To Succeed As An Entrepreneur
Essential Skills Required To Succeed As An EntrepreneurEssential Skills Required To Succeed As An Entrepreneur
Essential Skills Required To Succeed As An Entrepreneur
 
Our Small Business Consulting Services
Our Small Business Consulting ServicesOur Small Business Consulting Services
Our Small Business Consulting Services
 
How to Turn Your Customers into your sales team - TEC 401
How to Turn Your Customers into your sales team - TEC 401How to Turn Your Customers into your sales team - TEC 401
How to Turn Your Customers into your sales team - TEC 401
 
Ways To Improve Your Sales
Ways To Improve Your SalesWays To Improve Your Sales
Ways To Improve Your Sales
 
Sell Like a Pro - 7 essential skills used by smart sales people
Sell Like a Pro - 7 essential skills used by smart sales peopleSell Like a Pro - 7 essential skills used by smart sales people
Sell Like a Pro - 7 essential skills used by smart sales people
 
How to motivate for marketing to all
How to motivate for marketing  to allHow to motivate for marketing  to all
How to motivate for marketing to all
 

Viewers also liked

Chile molly
Chile mollyChile molly
Chile mollymarafaye
 
Shooting schedule
Shooting scheduleShooting schedule
Shooting schedulejenhutton
 
Scrum_BLR 9th meet up 28-Jun-2014 - Lies, Damn Lies... Estimates - Bhavin Kamani
Scrum_BLR 9th meet up 28-Jun-2014 - Lies, Damn Lies... Estimates - Bhavin KamaniScrum_BLR 9th meet up 28-Jun-2014 - Lies, Damn Lies... Estimates - Bhavin Kamani
Scrum_BLR 9th meet up 28-Jun-2014 - Lies, Damn Lies... Estimates - Bhavin KamaniScrum Bangalore
 
Scrum_BLR 9th meet up 28-Jun-2014 - Continuous Delivery for Fast and Consiste...
Scrum_BLR 9th meet up 28-Jun-2014 - Continuous Delivery for Fast and Consiste...Scrum_BLR 9th meet up 28-Jun-2014 - Continuous Delivery for Fast and Consiste...
Scrum_BLR 9th meet up 28-Jun-2014 - Continuous Delivery for Fast and Consiste...Scrum Bangalore
 
Scrum_BLR 9th meet up 28-Jun-2014 - Anatomy of a Self Organizing Team - Karth...
Scrum_BLR 9th meet up 28-Jun-2014 - Anatomy of a Self Organizing Team - Karth...Scrum_BLR 9th meet up 28-Jun-2014 - Anatomy of a Self Organizing Team - Karth...
Scrum_BLR 9th meet up 28-Jun-2014 - Anatomy of a Self Organizing Team - Karth...Scrum Bangalore
 
Lectura 4 propiedades de las sales
Lectura 4 propiedades de las salesLectura 4 propiedades de las sales
Lectura 4 propiedades de las salesELiizz Rafael Velela
 
Acidos nucleicos 2013
Acidos nucleicos 2013Acidos nucleicos 2013
Acidos nucleicos 2013Alicia
 
Panama final
Panama finalPanama final
Panama finalmarafaye
 
Digital utility par Yopps
Digital utility par YoppsDigital utility par Yopps
Digital utility par YoppsYael Rozencwajg
 
The 10 things you didnt know
The 10 things you didnt knowThe 10 things you didnt know
The 10 things you didnt knowMoira Wrathall
 
Cleanercurbs.com: Asbestos Nyc
Cleanercurbs.com: Asbestos NycCleanercurbs.com: Asbestos Nyc
Cleanercurbs.com: Asbestos Nyccleanercurbs
 

Viewers also liked (20)

Chile molly
Chile mollyChile molly
Chile molly
 
Shooting schedule
Shooting scheduleShooting schedule
Shooting schedule
 
Corporate warz
Corporate warzCorporate warz
Corporate warz
 
Beda negara kaya dan miskin
Beda negara kaya dan miskinBeda negara kaya dan miskin
Beda negara kaya dan miskin
 
Scrum_BLR 9th meet up 28-Jun-2014 - Lies, Damn Lies... Estimates - Bhavin Kamani
Scrum_BLR 9th meet up 28-Jun-2014 - Lies, Damn Lies... Estimates - Bhavin KamaniScrum_BLR 9th meet up 28-Jun-2014 - Lies, Damn Lies... Estimates - Bhavin Kamani
Scrum_BLR 9th meet up 28-Jun-2014 - Lies, Damn Lies... Estimates - Bhavin Kamani
 
Scrum_BLR 9th meet up 28-Jun-2014 - Continuous Delivery for Fast and Consiste...
Scrum_BLR 9th meet up 28-Jun-2014 - Continuous Delivery for Fast and Consiste...Scrum_BLR 9th meet up 28-Jun-2014 - Continuous Delivery for Fast and Consiste...
Scrum_BLR 9th meet up 28-Jun-2014 - Continuous Delivery for Fast and Consiste...
 
Scrum_BLR 9th meet up 28-Jun-2014 - Anatomy of a Self Organizing Team - Karth...
Scrum_BLR 9th meet up 28-Jun-2014 - Anatomy of a Self Organizing Team - Karth...Scrum_BLR 9th meet up 28-Jun-2014 - Anatomy of a Self Organizing Team - Karth...
Scrum_BLR 9th meet up 28-Jun-2014 - Anatomy of a Self Organizing Team - Karth...
 
Allegato z
Allegato zAllegato z
Allegato z
 
Graphs
GraphsGraphs
Graphs
 
Lectura 4 propiedades de las sales
Lectura 4 propiedades de las salesLectura 4 propiedades de las sales
Lectura 4 propiedades de las sales
 
Coach motor co
Coach motor coCoach motor co
Coach motor co
 
Acidos nucleicos 2013
Acidos nucleicos 2013Acidos nucleicos 2013
Acidos nucleicos 2013
 
History
HistoryHistory
History
 
Panama final
Panama finalPanama final
Panama final
 
Amco News - 1949
Amco News - 1949 Amco News - 1949
Amco News - 1949
 
Digital utility par Yopps
Digital utility par YoppsDigital utility par Yopps
Digital utility par Yopps
 
Allegato s
Allegato sAllegato s
Allegato s
 
Welcome in kuwait
Welcome in kuwaitWelcome in kuwait
Welcome in kuwait
 
The 10 things you didnt know
The 10 things you didnt knowThe 10 things you didnt know
The 10 things you didnt know
 
Cleanercurbs.com: Asbestos Nyc
Cleanercurbs.com: Asbestos NycCleanercurbs.com: Asbestos Nyc
Cleanercurbs.com: Asbestos Nyc
 

Similar to The essentials of business develop strategies

Managing Your Team of Business Developers
Managing Your Team of Business DevelopersManaging Your Team of Business Developers
Managing Your Team of Business DevelopersPeak Focus
 
Managing Your Team of Business Developers
Managing Your Team of Business DevelopersManaging Your Team of Business Developers
Managing Your Team of Business Developersjscher
 
Business Plan is a document required at the time of funding your business or ...
Business Plan is a document required at the time of funding your business or ...Business Plan is a document required at the time of funding your business or ...
Business Plan is a document required at the time of funding your business or ...ymandhanya
 
Maintaining focus and direction within your company
Maintaining focus and direction within your companyMaintaining focus and direction within your company
Maintaining focus and direction within your company3 Colours Rule
 
The Importance of Developing a Strong Business Strategy.docx
The Importance of Developing a Strong Business Strategy.docxThe Importance of Developing a Strong Business Strategy.docx
The Importance of Developing a Strong Business Strategy.docxMARKEF
 
Seven Steps for Revitalizing Your Brand
Seven Steps for Revitalizing Your BrandSeven Steps for Revitalizing Your Brand
Seven Steps for Revitalizing Your BrandR. Jay Olson
 
Role of finance vs sales
Role of finance vs salesRole of finance vs sales
Role of finance vs salesTiza Silavwe
 
Sales Excellence - Leaders Need More Than a Title
Sales Excellence - Leaders Need More Than a TitleSales Excellence - Leaders Need More Than a Title
Sales Excellence - Leaders Need More Than a TitleEndeavor Management
 
Business Development Process for small and Medium Enterprise
Business Development Process for small and Medium EnterpriseBusiness Development Process for small and Medium Enterprise
Business Development Process for small and Medium Enterprisemac555
 
Elements of a Business Plan
Elements of a Business PlanElements of a Business Plan
Elements of a Business PlanPaula Chapman
 
5 Steps Towards Marketing and Sales Alignment and Business Growth
5 Steps Towards Marketing and Sales Alignment and Business Growth5 Steps Towards Marketing and Sales Alignment and Business Growth
5 Steps Towards Marketing and Sales Alignment and Business GrowthYatharth Marketing Solutions
 
L&D's Role In Sales Enablement
L&D's Role In Sales EnablementL&D's Role In Sales Enablement
L&D's Role In Sales EnablementWendy Mack
 
Self Assessment for Driving Revenue Growth
Self Assessment for Driving Revenue GrowthSelf Assessment for Driving Revenue Growth
Self Assessment for Driving Revenue GrowthThe Naro Group
 
The ultimate business growth masterclass
The ultimate business growth masterclassThe ultimate business growth masterclass
The ultimate business growth masterclassGaynor Gravestock
 
Doublingyourrevenueeveryyear 140915013106-phpapp02
Doublingyourrevenueeveryyear 140915013106-phpapp02Doublingyourrevenueeveryyear 140915013106-phpapp02
Doublingyourrevenueeveryyear 140915013106-phpapp02Nicola Van Hoff
 
How to grow your startup
How to grow your startupHow to grow your startup
How to grow your startupPlanning-ness
 
Sbdc guide to-writing_a_business_plan
Sbdc guide to-writing_a_business_planSbdc guide to-writing_a_business_plan
Sbdc guide to-writing_a_business_planMuhammad Ikhwan
 

Similar to The essentials of business develop strategies (20)

Managing Your Team of Business Developers
Managing Your Team of Business DevelopersManaging Your Team of Business Developers
Managing Your Team of Business Developers
 
Managing Your Team of Business Developers
Managing Your Team of Business DevelopersManaging Your Team of Business Developers
Managing Your Team of Business Developers
 
Business Plan is a document required at the time of funding your business or ...
Business Plan is a document required at the time of funding your business or ...Business Plan is a document required at the time of funding your business or ...
Business Plan is a document required at the time of funding your business or ...
 
Maintaining focus and direction within your company
Maintaining focus and direction within your companyMaintaining focus and direction within your company
Maintaining focus and direction within your company
 
The roles
The rolesThe roles
The roles
 
The Importance of Developing a Strong Business Strategy.docx
The Importance of Developing a Strong Business Strategy.docxThe Importance of Developing a Strong Business Strategy.docx
The Importance of Developing a Strong Business Strategy.docx
 
Gelb Brochure
Gelb BrochureGelb Brochure
Gelb Brochure
 
Seven Steps for Revitalizing Your Brand
Seven Steps for Revitalizing Your BrandSeven Steps for Revitalizing Your Brand
Seven Steps for Revitalizing Your Brand
 
9 Valuable Tips for Sales Coaching
9 Valuable Tips for Sales Coaching9 Valuable Tips for Sales Coaching
9 Valuable Tips for Sales Coaching
 
Role of finance vs sales
Role of finance vs salesRole of finance vs sales
Role of finance vs sales
 
Sales Excellence - Leaders Need More Than a Title
Sales Excellence - Leaders Need More Than a TitleSales Excellence - Leaders Need More Than a Title
Sales Excellence - Leaders Need More Than a Title
 
Business Development Process for small and Medium Enterprise
Business Development Process for small and Medium EnterpriseBusiness Development Process for small and Medium Enterprise
Business Development Process for small and Medium Enterprise
 
Elements of a Business Plan
Elements of a Business PlanElements of a Business Plan
Elements of a Business Plan
 
5 Steps Towards Marketing and Sales Alignment and Business Growth
5 Steps Towards Marketing and Sales Alignment and Business Growth5 Steps Towards Marketing and Sales Alignment and Business Growth
5 Steps Towards Marketing and Sales Alignment and Business Growth
 
L&D's Role In Sales Enablement
L&D's Role In Sales EnablementL&D's Role In Sales Enablement
L&D's Role In Sales Enablement
 
Self Assessment for Driving Revenue Growth
Self Assessment for Driving Revenue GrowthSelf Assessment for Driving Revenue Growth
Self Assessment for Driving Revenue Growth
 
The ultimate business growth masterclass
The ultimate business growth masterclassThe ultimate business growth masterclass
The ultimate business growth masterclass
 
Doublingyourrevenueeveryyear 140915013106-phpapp02
Doublingyourrevenueeveryyear 140915013106-phpapp02Doublingyourrevenueeveryyear 140915013106-phpapp02
Doublingyourrevenueeveryyear 140915013106-phpapp02
 
How to grow your startup
How to grow your startupHow to grow your startup
How to grow your startup
 
Sbdc guide to-writing_a_business_plan
Sbdc guide to-writing_a_business_planSbdc guide to-writing_a_business_plan
Sbdc guide to-writing_a_business_plan
 

Recently uploaded

OSCM Unit 2_Operations Processes & Systems
OSCM Unit 2_Operations Processes & SystemsOSCM Unit 2_Operations Processes & Systems
OSCM Unit 2_Operations Processes & SystemsSandeep D Chaudhary
 
latest AZ-104 Exam Questions and Answers
latest AZ-104 Exam Questions and Answerslatest AZ-104 Exam Questions and Answers
latest AZ-104 Exam Questions and Answersdalebeck957
 
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxExploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxPooja Bhuva
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the ClassroomPooky Knightsmith
 
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxBasic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxDenish Jangid
 
ICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxAreebaZafar22
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxPooja Bhuva
 
Basic Intentional Injuries Health Education
Basic Intentional Injuries Health EducationBasic Intentional Injuries Health Education
Basic Intentional Injuries Health EducationNeilDeclaro1
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxheathfieldcps1
 
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...Amil baba
 
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...pradhanghanshyam7136
 
REMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptxREMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptxDr. Ravikiran H M Gowda
 
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...Pooja Bhuva
 
Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Jisc
 
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfUGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfNirmal Dwivedi
 
Food safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdfFood safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdfSherif Taha
 
Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and ModificationsMJDuyan
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsMebane Rash
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxRamakrishna Reddy Bijjam
 
Philosophy of china and it's charactistics
Philosophy of china and it's charactisticsPhilosophy of china and it's charactistics
Philosophy of china and it's charactisticshameyhk98
 

Recently uploaded (20)

OSCM Unit 2_Operations Processes & Systems
OSCM Unit 2_Operations Processes & SystemsOSCM Unit 2_Operations Processes & Systems
OSCM Unit 2_Operations Processes & Systems
 
latest AZ-104 Exam Questions and Answers
latest AZ-104 Exam Questions and Answerslatest AZ-104 Exam Questions and Answers
latest AZ-104 Exam Questions and Answers
 
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxExploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the Classroom
 
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxBasic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
 
ICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptx
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptx
 
Basic Intentional Injuries Health Education
Basic Intentional Injuries Health EducationBasic Intentional Injuries Health Education
Basic Intentional Injuries Health Education
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
 
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
NO1 Top Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
 
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
 
REMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptxREMIFENTANIL: An Ultra short acting opioid.pptx
REMIFENTANIL: An Ultra short acting opioid.pptx
 
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
 
Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)
 
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfUGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
 
Food safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdfFood safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdf
 
Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and Modifications
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan Fellows
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docx
 
Philosophy of china and it's charactistics
Philosophy of china and it's charactisticsPhilosophy of china and it's charactistics
Philosophy of china and it's charactistics
 

The essentials of business develop strategies

  • 1. Every business endeavor or enterprise must have a strategy. Business Development strategies are those that are formulated to increase the revenue of the enterprise. A business development the strategy needs to be well thought out, sound, appropriate, and doable. Business development strategies help you decide where your revenue is going to come from and how you intend to acquire it. Business is heading, how it will get where you want it to be, when you've got there and what the success measures are. Business development strategies are effective in leading to a viable profitable enterprise. These strategies, when well executed, will create income, repeat and referral business. The success of a business development strategy is based on the robustness of the Plan, your People and the Performance of both. To create a stable business, organizations rely in three factors, on their People, on business their Plan and on the measurement of the Performance of both. Above we have the three core aspects of any business which are People, Plan and Performance. We have talked about business plan; now let’s focus on your people and their performance. This mean, for an organization to achieve maximum potential and increase sales momentum, it is necessary that the sales team represent is executing the right sales activities consistently and persistently and that business strategies are continually being reviewed and improved based on results. Businesses can achieve an increase in sales by following a systematic approach. Without a well executed sales system, results will typically fluctuate up and down and growth is no longer consistent over time. When a plan needs to be change, this can be done easily. However, businesses rely on their people to execute the plan and increase sales. While most businesses focus on the plan, they focus less on developing their people and the skills they need to make the plan successful. Not up skilling your staff has an adverse effect on sales results. The major challenge is that Businesses can change their business plan, but they cannot change their people so easily. Businesses rely on their people to develop their business and increase sales and business momentum yet some businesses give little importance to up skilling their sales team. Not up skilling or staff as adverse effects on sales results. Your salespeople are also likely to be viewed as not as credible as those representing your competition.
  • 2. Organizations that cut corners typically do not achieve their financial potential. Can identify their sales team weaknesses and strengths .To achieve your results there are a number of tools that can be used to identify the strengths and weaknesses of your sales team and they tell you where the focus of development needs to be. And avoid the consequences of cutting corners. The Expression profile, for example, is a tool designed to identify and measure sales traits. It is able to predict the current and the future performance of your sales team. This tool alone will give you understanding if you are going to reach your sales targets. Using a sales profile, for example, Expression, to identify your staff sales weaknesses and strengths will enable you to understand which the areas of focus. At this stage you are in the position of investing in your sales team. Investing in your business plan is as important as investing in your sales team. Mature and responsible businesses are now in pursuit of sales excellence. Consumers are saviors; clients evaluate your product based on your sales team actions, and attitudes. Consumers will then look at the features and benefits of your product or service. The key to success sales is: 1. Having a strong and robust business development strategy 2. Training and developing your people 3. Have a competitive advantage over your competition Having the right business development strategies and empowering the sales team to develop their sales skills, to reach their goals, is not a cost, rather an investment to organizational success. The business then gets return on investment. Businesses have evolved, people have evolved and so our sales training. The sales training methodologies reflect the makeup of current client demands. It is necessary to understand client attitudes and feelings. We are talking about underlying causes as to how the client makes choices - why do they buy from others and not from you. In sum how do clients evaluate your product? Generally, clients evaluate your product based on your sales team actions, attitudes and just then they look at the features and benefits of your product or service.
  • 3. In essence, a business performance is conditioned by the performance of their sales team. We do like to offer the perspective that sales training is a currency like money with which you buy stuff. Sales training is not about protecting you FROM something. It is about protecting you FOR something, like not loosing opportunities.