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How prospect data bank helps companies to grow their sales If you want to increase your chances of success in business, learn how to sell one way or the other · Prospect customer data work as tonic for sales & marketing team · Save time & increase revenue opportunity For most companies, the ability to find prospect customers is the difference between growth and bankruptcy.(ebrand1972019vs) A prospect is a potential customer that has been qualified as fitting certain criteria. In most cases, a prospect is: 1-Fits your target market. 2-Has the means (money) to buy. 3-Is authorized to make buying decisions. Prospecting is the process of searching for potential customers, clients, or buyers in order to develop new business. It is very important to reach the right potential customers. Any such potential client who has the financial capacity and willingness to purchase for the offerings of a firm is called Prospect of that firm. The end goal is to move prospects through the sales funnel until they eventually convert into revenue-generating customers. Because in the end, finding revenue sources is probably the most important step towards generation of a positive bottom line (profits).
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