Book description
With over 500 tips, tactics, techniques and thought provoking business questions, this is the authoritative guide to attracting more customers, profit, revenue and business success.
Whether you are a budding entrepreneur, existing business owner, manager or director, this is the most comprehensive, pragmatic, common sense collection of business development techniques ever brought together into one book. It is structured so that you can easily find and dip into specific topics or view the whole book from a more overall strategic standpoint.
Table of contents
- Cover
- The Financial Times Guide to Business Development (1/2)
- The Financial Times Guide to Business Development (2/2)
- Contents
- Acknowledgements
- Introduction
-
The 21 commonsense business development truths
- Focus on converting leads, not just on generating them
- Exceed customer or client expectations
- Speak to potential customers or clients . . . and speak to them nicely
- Be open for business
- Don’t let your admin get in the way
- There’s no job more important than helping customers or clients part with their cash!
- Don’t let technology get in the way
- Quality and word-of-mouth count for everything
- Actively strive for consistency
- Recruitment is part of business development
- Keep in touch with your existing and past customers and clients
- Master social online media
- Test your ideas, concepts and prices
- Plan, but keep things simple
- Take complaints seriously
- Make your customer or client environment appropriate
- Train your people to spot opportunities
- Get out of your office or premises and mix and mingle
- Find a niche and specialise
- Model what works best
- Be squeaky clean – you need to be trusted
- Asking the right business questions: a toolkit for business development
-
The 20 business development pricing tools, truths and techniques
- Winning business is not the most important thing – being profitable is
- Price is a communications issue, not a financial or accounting one
- Focus on value and service and not just price
- Bundle in and include as much as you can
- Unbundle and charge things separately
- Don’t fall into the price trap
- Consider increasing your prices
- Use division and comparison
- Get others to justify your prices
- Price with guarantees
- Price for specialisation
- Price for profile and experience
- Price based on feedback and testing
- Price for prestige
- Price for know how
- Price with the competition in mind
- If you must have a loss leader, make it count!
- Consider special deals, promotions, sales and discounts
- Price for easy payment
- Price with magic numbers
- Introducing the business development priorities
- Priority 1 – Convert leads, opportunities and enquiries into profitable business
-
Priority 2 – Develop more business from existing customers and clients
- Golden rule 1 – Know your customers and clients
- Golden rule 2 – Keep your customers and clients happy (1/2)
- Golden rule 2 – Keep your customers and clients happy (2/2)
- Golden rule 3 – Keep in touch with your customers and clients
- Golden rule 4 – Offer additional products and services
- Golden rule 5 – Get customers and clients to recommend and refer
-
Priority 3 – Externalise business development efforts to generate new opportunities, leads and enquiries
- The internet: the commonsense guide to developing your business online (1/3)
- The internet: the commonsense guide to developing your business online (2/3)
- The internet: the commonsense guide to developing your business online (3/3)
- 14 ways to develop your business through joint ventures and collaboration
- How to win in competitive situations (1/2)
- How to win in competitive situations (2/2)
- Brand your way to business development success
- Direct targeting by telephone (1/2)
- Direct targeting by telephone (2/2)
- Personal performance business development skills
- Pulling it all together – making it happen
- Conclusion
- Index (1/2)
- Index (2/2)
Product information
- Title: Financial Times Guide to Business Development
- Author(s):
- Release date: April 2012
- Publisher(s): Pearson Business
- ISBN: 9780273759546
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