Business development tips

Business development tips. Tips 1 of 8

The excuses for not selling are plentiful: I was busy delivering, I had to run a report, a meeting went long, and the list goes on. There is always something else. To be successful, you must make business development a priority stle and bustle of the day. Block this time off in your calendar, close your door, and don’t allow any interruptions. This is your sacred selling time.

Business development tips. Tips 2 of 8

Focus On Efforts That Offer the Best Chance of Success

Know where to spend the sacred selling time you have. Often, it takes just as much time and effort to sell a $25,000 deal as it does to sell a $75,000 deal. Focus on deals that have the greatest potential for long-term success.

Business development tips. Tips 3 of 8

Keep Efforts Organized
Business development can be a daunting task when you do not keep all of your contacts, leads, and activities in a central place. To make your sacred selling time most effective, use a CRM tool to keep track of your sales conversations.
Take good notes, and at the end of each conversation, set a solid next step for yourself and record this in your CRM. This will help you stay organized as well as prioritize your follow-up and sales efforts.

Business development tips. Tips 4 of 8

Build Your Business Development Skills
If you’re a consultant, account, engineer, or other professional service provider, you likely came up through the ranks building knowledge around your particular technical skill or area of focus. You’ve had very little business development training and the thought of having to sell may make you uneasy. After all, who wants to be seen as smarmy salesman?
But I have a secret to share with you. The skills that make you a great service provider to your clients are also the skills that can make you great in sales. You just have to know how to apply those skills.
We’ve worked with hundreds of global and regional professional services firms to help them build business development skills, develop a culture of business development success, and grow their accounts. Learn more about business development training for professional services.

Business development tips. Tips 5 of 8

Make Action a Priority
How many times have you thought, “I should really give Jim Smith at ABC Manufacturing a call to follow up on our conversation from last week, but I don’t have time right now. I’ll do it later.”
Later never comes.
When you think about doing something, do it (or at least set a reminder to do it during your sacred selling time). Half of selling success is just showing up and doing it, yet so many professionals get caught up in their other work and don’t do essential sales work.

Business development tips. Tips 6 of 8

Leverage Your Resources—Both People and Technology
Make your life easier by delegating when possible. Do you need to write the proposal and follow-up materials or can a junior staffer or virtual assistant sit in on the sales meeting and write the first draft? Do you need to write follow-up emails after you speak at an event or can you hand this off to a marketing person?

When you leverage your resources well, you can get more done for your clients and prospects and create more time to focus on business development and relationship building. And resources do not just include people; technology has come a long way to help you become more efficient.
Automate some of your lead nurturing by sending email or direct mail that provides valuabe insights to prospects. Connect with prospects and clients on LinkedIn and Twitter. Publish a blog and post regularly. These technologies can help you build and strengthen your relationships. They also help you stay top of mind with clients and prospects, so when the need does arise, you are the first one they think of.

Business development tips. Tips 7 of 8

Keep Efforts Organized

Business development can be a daunting task when you do not keep all of your contacts, leads, and activities in a central place. To make your sacred selling time most effective, use a CRM tool to keep track of your sales conversations.

Business development tips. Tips 8 of 8

Do a Little Bit Every Day

The excuses for not selling are plentiful: I was busy delivering, I had to run a report, a meeting went long, and the list goes on. There is always something else. To be successful, you must make business development a priority stle and bustle of the day. Block this time off in your calendar, close your door, and don’t allow any interruptions. This is your sacred selling time.