McTimothy Associates

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How to Find And Win New Business

Why Attend

This course focuses on the tools and techniques required to develop new businesses. Without them, sales will stagnate, and profits will drop. The course also addresses ways to maximize the company’s profitability by fostering relationships with potential players and key decision-makers in the market. By attending this program, business development professionals will acquire what they need to create and implement promotional drives to spur the company’s market prospects and design cost-effective yet innovative options to boost sales.

$ 173.18

Event Date: 29/03/2023 – 31/03/2023

Total:

Business development: overview and best practices

  • Business development: definition and scope
  • Account analysis and qualification: an overview
  • The new landscape of account management and BD
  • Understanding the buy-sell ladder model
  • Client classification: building an ideal client profile
  • Understanding and working the customer loyalty ladder

The business planning process

  • Using the STAR business planning process:
  • Strategic analysis
  • Targets and goals
  • Activities
  • Reality check
  • Conducting customer surveys to identify important service criteria
  • Preparing an account development plan
  • Building client chemistry with F.O.R.M

Re-defining your processes for breakthrough results

  • Reviewing the selling process
  • The selling process
  • Functional product/service/company knowledge
  • Unique/distinctive selling points
  • The sales competitors analysis form
  • Reengineering your team selling process to avoid mistaking motion for action
  • The value-added selling process
  • A simple framework for developing new business
  • Create and deploy weapons
  • Your best friend: the phone
  • Creating a client-centered code of conduct (DART model)
  • Designing and implementing key performance indicators
  • Creating a balanced scorecard (business performance audit)

Effective negotiation skills

  • The definition of negotiation
  • Some negotiation philosophies
  • The difference between persuading and negotiating
  • The five stages of the negotiation process
  • The critical rules of negotiation
  • The phases of the purchasing decision
  • Establishing the relative importance of differentiators
  • Influencing decision criteria
  • Vulnerability analysis
  • Workshop: completing your negotiation plan

Building and leading the business development team

  • Stages in team formation
  • Building a high-performance team
  • Defining team roles
  • The team motivation mix
  • Management versus leadership
  • Practices of exemplary leaders (industry practices)

Writing business proposals that sell

  • Writing a typical business proposal
  • Formatting tips and tricks for winning proposals
  • The process of developing successful project proposals
  • Workshop: creating your  project proposal

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