Remove new-logos-account-development-hunting
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Spearfishing vs shotgun

Sales 2.0

I was asked a great question during a recent conversation with a founder: When should you take a spearfishing approach to finding new customers and when should you use a shotgun? It depends on what you’re hunting. What is the payoff for landing this account? These days getting through to small accounts takes some work.

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Banish Farmers And Farming!!

Partners in Excellence

It establishes a go to market strategy that, according to research, doesn’t really work, and absolves sales people of the responsibility for prospecting and constantly looking for new business. I’m not sure how the concept of hunters and farmers ever arose, but the notion is hunters go out and find new business.

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Do You Have the Right Number of Reps?

SBI Growth

This method works best if you employ Hunter sales reps (who hunt new logos). This method works best if you employ Farmer sales reps (who develop existing accounts). Start with your total number of existing target accounts. Multiply this call frequency by the number of accounts. Let’s say it’s 8.

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Is The Concept Of Hunters And Farmers Relevant Any More?

Partners in Excellence

In theory, hunters are the people that have to prospect, to bring in new accounts or logos. The farmers, according to mythology nurture those accounts, retaining the business, possibly growing to drive more revenue. Sounds a lot like hunting. We have to sell more within our territories and accounts every year.

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Do You Realize The Foundation Your Small Business will Need to Be Successful?

Smooth Sale

Most people new to business want to know about the components that make up the foundation for a small business. Whether you create a persona of your dream customer or are on the hunt for research, your target customer base will be one of the focal points when working towards establishing a solid foundation. Unique Brand Identity.

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How to Write a Killer Resume (Part Four)

Mr. Inside Sales

No graphics, logos or fields. • So if the job description is looking for “An aggressive prospector/hunter who is used to making outbound calls,” your summary section should list something like this: I AM AN AGGRESSIVE PROSPECTOR WHO IS USED TO HUNTING FOR ACCOUNTS. In a nutshell: Keep it plain and simple.

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Hunters And Farmers…….Again

Partners in Excellence

Underlying these discussions are attitudes, “Real sales people eat fresh meat every day” (The hunter camp), “We need to develop our accounts to maximize LCV” (Farmers). That’s what sales people are supposed to do, they are supposed to develop incremental revenue! Let me be very clear about this.