Business Development

General Understanding:

The combination of strategic analysis, marketing,

and sales to identify business opportunities:

 

  1. New markets,
  2. New ways to reach existing markets,
  3. New product or service offerings, or
  4. New partnerships with other businesses

Offerings: Analysis and Advice

  1. Identification of new business opportunities -

_ What do competitors develop in terms of products and service offerings, pricing, marketing strategies,

_ Describe how your company compares to its competitors,

_ Analyse the market for your company's offerings

  1. Identification of possible ways to improve profit -

_ New market segments

_ New sales channels

_ New vendors

_ New related products or services

_ New processes or ways to do business

 

 

  1. Prioritization of new business opportunities

Ulrich Reckert 2012-2016 | © All Rights Reserved | Contact