Saturday, February 14, 2009

A Secret Weapon For Your Business In A Recession

By Jillian Williams

A recession is often considered the time when marketing and sales expenditures should be cut. Businesses can increase sales but the important part is to increase sales at lowest cost possible. This article will talk about why a prospecting firm can bring you more sales even during these tough times.

Many salespeople are good at closing but dread the idea of outbound telemarketing. Using a prospecting firm can allow you to gain more new prospects that your salespeople can close. Using a prospecting firm will allow your salespeople to be productive doing other activities while the prospecting firm can build a list of prospective new clients for your business.

One of the worst drains of your time is being on the phone with uninterested customers. One of the biggest struggles for most businesses is that the pipeline is full of prospects

The tough business climate means that you must respect the use of your advertising dollars even more. Meeting only with interested individuals will lower your costs per new client because you can sign up more new clients than the cost of the prospecting firm.

Most businesses cut their marketing budget during a recession. Using an outbound telemarketing company will give you a consistently full pipeline, leading to more sales and thus lowering your costs.

Any recession means that you must be smart with your money and be as resourceful as possible with your marketing dollars. Using a company to do this will improve the productivity of your salespeople and lower your overall costs.

Many salespeople who are customer facing do not have time to find new clients because they also have to service customers and prospecting becomes the activity to first fall off the radar. Using an outbound telemarketing company can keep new prospects flowing in and lowers your costs because you can have a fixed cost that is offset by new business growth.

Few companies are looking for sales over the phone and your business will likely be one of the few prospecting for business over the telephone by using a prospecting company. This builds your sales because other companies are not competing for new prospects who come into your line of sight.

A prospecting company can allow you to increase the number of clients you want based upon how much work they do for you. Using a prospecting firm can allow you to enjoy this growth that will happen once the economy turns around.

An outbound telemarketing company can be your new customer strategy so that you can reallocate your human capital within the business to what they do best. This improves the productivity of the company and lowers cost for new clients and current clients.

It is hard for any business to simply maintain its current state. Most businesses will either grow or lose business during a recession so you have to ask yourself which side you want to be on.

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