Finding Prospects
If you choose to pursue Group Business, we
recommend that you call on small businesses with between 5 and
25 employees. In these size businesses, usually you will be
talking to the decision maker directly. In larger businesses,
these decisions are done by committee and take a very long time
and a lot of maneuvering on your part. You can "starve" going after the big
elephants! It is better to have 10 businesses of
10 employees each than one business of 100
employees.
Some
of the popular businesses for our benefits packages
are:
Restaurants
Security Companies
Financial Firms
Law Firms
Day Care Centers
Landscaping Companies
Hair Salons
Barber Shops
Day Spas
Plumbing Companies
Electrical Companies
Heating/Air Companies
Small to Mid-size Manufacturing
Companies
To get other ideas, look through the
yellow pages for types of
businesses.
You can call from the yellow pages; this
way you are doing vertical marketing. If you get one
company on-board with you, then you can more easily
approach the others in that field of work.
You can order lists of businesses from "list houses" but that
can be expensive.
You can also go to the Library and ask for their book on
businesses which will show you owner's name, number of
employees, sales volume, etc. Standard and Poor's Registry or
American Manufacturing Directory.
Chamber of Commerce's sometimes have business listings as
well
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Make a list of companies, either old or new that
you have a relationship with, do business
with, or know someone in the company or who can get
you in the door.
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Follow your dollar- anywhere you spend money is an
excellent prospect, gas stations, restaurants,
clothing stores or anywhere else where you
currnetly spend money
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Join SHRM (Society of Human Resource Managers) or
the Chamber of Commerce, or a leads group.
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Libraries have Industry/employer information that
gives you up-to-date information on companies such
as # of employees, type of business, officers of
company, etc.
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Take people who are “centers of influence” in your
town to lunch, and get referrals.
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Get referrals from your existing accounts.
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Always use a tracking method when calling and
keeping records. You can use a computerized program
like “ACT” or a simple paper tracking method (See
Company Track Sheet). Don’t forget to keep very
specific records such as the name of the
Receptionist/Gatekeeper, etc., as this will make
future contact and relationship building easier.
Many people we bring on as IBO's either
work at another company or their spouse does. They may want you
to do the group and just introduce you to the decision makers.
In addition, after seeing all the success and $ you’re making,
they may want to do group too.
Do your homework, use your contacts and sell
the interview.
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