Prospecting is an important activity for salespeople because it is the primary means of generating revenue and guarding against the effects of customer turnover. Same goes with what you sell. What are the basic criteria used to qualify leads as sales prospects? Its the first step in an ideal sales process for bringing in new customers and business. Cold-calling has long been a staple, if a slightly infamous one, of the prospecting process. You have countless opportunities to strengthen your prospecting skills and boost your sales success. This has everything to do with how the relationship between sales and prospects has continued to transform, where soft lead-ins such as emails and social media interactions are preferred over the tried-and-true cold call. You can update your choices at any time in your settings. To maximize your assets and sell to your goal (and beyond), you need to start building a sales pipeline for potential partners early and build upon it often. Why Are You Making Prospecting So Difficult? It Doesn't Have to Be! Prospecting, the first step in the sales cycle, is the process of identifying and connecting with potential customers. This couldn't be truer than in the motorsports industry, a niche market where having the right contacts is vital for securing business. &&\\ Ask any sales leader the one thing they need their sales people to transform into the next 6 months and the answer is probably: more effective prospectors. Its not about your company. LinkedIn and 3rd parties use essential and non-essential cookies to provide, secure, analyze and improve our Services, and to show you relevant ads (including professional and job ads) on and off LinkedIn. Fine - don't change a thing, but understand that a lot of prospects don't know who you are and that's a monumental step or milestone for the sales person to achieve. A pre-prospecting routine. What are the objectives of strategic prospecting. Let your referral source know the business reason for introducing you; 3.