Who is spanco suspect?
SPANCO – Suspect, Prospect, Approach, Negotiations, Close, & Order….Business Development Manager at Pristyn Care
- Suspect:- Identifying the target account or customer for potential business opportunities (suspected to be potential customers)
- Prospect:- Identifying the interested one’s from the list of suspects.
What is a suspect customer?
A suspect in sales is a person who will stick around for a certain amount of time in the sales conversation and funnel process without any means or intention to buy the products you’re selling.
What is suspecting and prospecting?
By definition, a suspect is a property that meets a certain predetermined criteria to make it worthy of further attention. A prospect is a property where contact has been made with at least one decision maker.
How do you identify a prospect and a suspect?
Suspect vs. Prospect. A suspect is a lead that looks like they fit the profile for a potential client, but you know nothing else about them. Conversely, a prospect is a lead that you already know something about and may have had previous interactions with.
What happens in suspect phase of spanco?
Suspect (Define the target market) Prospect (Identify leads) Approach (Reach the customer) & Analyze them too. Negotiation (Negotiate the offer)
What are the steps of the sales process?
The textbook 7-step sales process
- Prospecting. The first of the seven steps in the sales process is prospecting.
- Preparation.
- Approach.
- Presentation.
- Handling objections.
- Closing.
- Follow-up.
How do you turn a suspect into a prospect?
You can determine whether suspects should move into your prospecting pipeline by following these four steps:
- Communicate consistently with suspects. Don’t just invite suspects to your office for a chat.
- Arrange to meet.
- Begin to filter suspects.
- Make a decision.
What is the first step to do in spanco?
Stages involved in a selling process ie SPANCO:
- Suspect (Define the target market)
- Prospect (Identify leads)
- Approach (Reach the customer) & Analyze them too.
- Negotiation (Negotiate the offer)
- Closing (Finalize the order)
- Order Management (follow-up the account)
What are the 7 steps of selling process?