Asked by stephan vailes on Jun 05, 2024
Verified
In Hendersonville, a group of salespeople get together for breakfast on the first and third Tuesday of each month. The purpose of their meeting is to share leads and prospecting tips. The group charges each member dues of $65 per quarter and participants must sell noncompetitive products. This group is an example of a(n) :
A) business network.
B) sales lead club.
C) illegal pyramid scheme.
D) orphan prospect club.
E) list of prospects.
Sales Lead Club
A group or network designed to share leads or information about potential customers among its members.
Noncompetitive Products
Products that do not directly compete against each other in the marketplace, often serving different needs or market segments.
Orphan Prospect Club
This refers to a program or strategy in sales where potential clients who have been neglected or inadequately serviced by a salesperson are reassigned or given attention, aiming to convert them into active customers.
- Recognize the importance of networking in producing sales leads.
Verified Answer
BO
Brianna OrtegaJun 07, 2024
Final Answer :
B
Explanation :
This group is an example of a sales lead club, where members meet regularly to share sales leads and tips with each other, and membership dues are charged. The noncompetitive product requirement ensures that members are not direct competitors, which is typical for such clubs to facilitate open sharing of leads and advice.
Learning Objectives
- Recognize the importance of networking in producing sales leads.