Profitable Niche Markets

Selling to Open Bible Churches Businesses

Most Open Bible churches have lean financials and demanding schedules. For business sellers prepared to compete, Open Bible churches offer a dependable channel for sales and revenues .

A good sales strategy is the foundation of a solid revenue stream. So for businesses that sell to Open Bible churches, strategic sales planning is a prerequisite for success.

A strong value proposition and a great strategy are requirements for companies who sell to Open Bible churches. Despite the presence of market barriers, new companies can gain traction by applying a handful of proven sales principles.

Review Mechanisms

It's also important to regularly assess your personnel and overall selling strategy. Internal review processes should consider individual performance statistics as well as direct input from Open Bible churches themselves.

If necessary, don't hesitate to adjust your strategy or personnel mix to accommodate changes in the marketplace.

Reaching Prospective Customers

Prospecting is the process of identifying potential customers and converting them to qualified leads.

Networking can fine tunes prospecting performance and conversion ratios. However, it's important to make sure your sales force isn't so focused on conversation that they miss the point of prospecting, i.e. the identification of likely buyers, key decision makers and high value industry contacts. In other words, quality is just as important as quantity when prospecting for Open Bible churches.

Lead lists are helpful because they narrow the field for your team. Third-party lists from reputable vendors (e.g. Experian Business Services) arm your sales force with good leads, making it easier for your company to balance the quantity and quality demands that are prerequisites for effective prospecting.

Sales Strategy Tips

Effective Open Bible church sales strategies combine sales and marketing techniques with an eye toward ROI. Some sales techniques are simply more efficient than others and the ones that maximize ROI need to be pushed to the top of the list.

Also, it's important to avoid a silo approach to Open Bible church sales. Companies that strictly segment their sales units fall behind in the marketplace, especially when they face companies that encourage cooperation between sales, marketing and other units.

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary