Bifalgorithm post · IntroductionToBusiness OP 8D04gAa · 2026-10-07-36573 · 12.7. The Importance of Personal Selling*
How do salespeople find and qualify prospects?
How do salespeople find and qualify prospects? (IntroductionToBusiness OP 8D04gAa · 2026-10-07-36573 · 12.7. The Importance of Personal Selling*) — "Selling is…
Ideas in this flowchart
- Selling is a process that can be learned.
- Experts have defined the steps of selling, and professional salespeople use them.
- The first step is prospecting and qualifying.
- Prospecting means looking for companies and people most likely to buy the seller’s offerings.
- There are no surefire ways to find prospects, so salespeople use many methods.
- Common sources of prospects and sales leads
- Advertising and promotion generate inquiries, also known as sales leads.
- External prospect lists include directories, newspapers, public records, membership lists, internet inquiries, and trade publications.
- Professional conventions and trade shows provide leads through product demonstrations and conversations with attendees.
- Company files, buyer correspondence, and service records can identify potential prospects.
- Friends and acquaintances of salespeople can supply leads.
- Not every referral or inquiry represents a genuine opportunity for a sale.
- Qualifying prospects separates potential buyers from those who are unlikely to buy.
- Qualifying prospects helps salespeople avoid wasted time and increase productivity.
- The three qualifying questions
- Does the prospect have a need for the product?
- Can the prospect make the buying decision?
- Can the prospect afford the product?
