Sales Techniques By Market

Selling to Foreign Insurance Businesses

Most would agree that foreign insurance businesses are high value sales targets in today's marketplace. To achieve success in the foreign insurance business industry, you'll need to pay attention to the basics.

In today's economy, foreign insurance businesses are looking for quality and affordability.

For small businesses that sell to these companies, the industry's positive growth outlook makes the solid execution of fundamental sales principles more important than ever.

How to Generate Solid Leads

There aren't any uniform rules for generating solid sales leads. However, leading sellers typically utilize a consistent strategy forlead generation. When possible, businesses that sell to foreign insurance businesses should take steps to automate the lead generation process CRM and other techniques.

One option worth considering is the use of lead lists into your prospecting routines. Lead lists provided by third-party vendors are usually cost-effective compared to the labor requirements for in-house lead generation.

At Gaebler, we advise our business partners to explore Experian Business Services for foreign insurance business lead lists. Experian is a reputable firm that is known for providing accurate lists that can be filtered according to your precise lead specifications.

Know the Competition

Companies who sell to foreign insurance businesses face a fiercely competitive sales environment.

Like it or not, there are many other businesses that sell similar product lines. Subsequently, foreign insurance businesses are regularly targeted for prospecting and tend to be very knowledgeable about their buying options.

By researching the competition, you gain the ability to differentiate your products and incorporate your unique product characteristics into your sales strategy. Although there are many ways to research your competitors, interactions with foreign insurance businesses themselves may be the best source of information.

Internet Strategies

With foreign insurance businesses going online in record numbers, it's becoming more important for B2B sellers to develop online sales strategies.

A user-friendly website is the centerpiece of all of your other online sales and marketing activities. However, it may also be worthwhile to integrate email advertising, SEO, social networking and other techniques into your sales and marketing mix.

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary