Question

what is business? what are the prospect of doing business?

Answer 1

Anything which deals with production and purchase or sale of goods and services is called business. The prospect or motive of business is to earn profit. No business can survive without profit.

Answer 2

Finding prospects for your business and then nurturing them into leads are the building blocks of a sales cycle. Without prospects, there would be no leads, and without leads coming in at the top of your sales pipeline, you can’t expect sales at the bottom. Prospects are the first key ingredient to business success and here is how to accumulate more of them. But first…

What is a Prospect?

A prospect is someone (be it a person, a department in a company or a whole company) who has an interest in your business and your product. A prospect is someone who has a need, desire and/or interest in what you offer.

 

How to Find Prospects for Your Business?

Prospects can be obtained in a variety of ways such as online (eg. Social media), in the physical world (at a trade show for example) or they can approach you first (visit your website or fill in a web form). Here are 10 proven ways to acquiring new leads for your sales pipeline:

 

  Social Media

Networking platforms are the manna of the business world. Not only do they offer a great way to connect with customers, but also a new place for you to grow your list of prospective customers. It is a great way to start creating and nurturing relationships through engaging in conversations, sharing relevant content and generally getting to know the people who are keen followers of your brand.

 

#2 Influencers

Connect with influencers on Facebook, Twitter, LinkedIn and Google+ and communicate with them. Share some of their content and by the law of reciprocity, they will share some of yours. This way they will be showing your business and ultimately recommending your brand and your product to their entire audience.

Once your message has had the seal of approval from an expert influencer in your industry, potential customer would feel so much more confident to go ahead and follow you, share your content, subscribe to your newsletter and potentially purchase from you

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