When two similar companies come together to do business, it can result in B2B or Business-to-Business lead generation. Two companies are termed as compatible when the products/services of one are required by the other. BTW, I found a site about purchases or company in Spanish: compras de empresa. This alone tells you the most salient feature of Business-to-Business lead generation. B2B sales play a pivotal role in the profitability of any business operation.
Take the example of a manufacturing business: It is obvious that you would not be making every part of the machine yourself, so would outsource them from companies who make those parts. Establishing long term profitable business relationships with the suppliers of parts could spell success for you. This is not only a way you could get exclusive supply of parts made to suit your specific purpose, but the supplying company is also lucky to have constant orders from you. Now look at the same situation from the point-of-view of the parts' manufacturer:
People are now realizing the tremendous role which Business-to-Business lead generation can play. It can be done in many ways, the traditional ones being telemarketing and direct mailing which have a limited use, the popular ones being advertisements in trade publications and trade show presentations. Two companies in tune with each other's operations usually form mutually beneficial partnerships in these trade shows. Excellent business leads could be generated with the help of a masterly presentation which not only provides important information but a pleasure to watch too. Apart from the presentation, the organization of the trade show also carries a great deal of importance. When the trade fails to attract the right kind of people or hardly any one turns up, then the whole exercise is an utter waster of time, money and effort.
Advertising in trade magazines, subscribed to mainly by industry people could be a cost effective option for B2 lead generation. This can help you communicate your message to the right kind of people. Thus trade journals are a far better alternative to radio and newspapers.
The internet is known for its spread as well as the kind of influence it has, so it could also offer you great openings for B2B lead generation. Various online tools are applicable for lead generation through the net like direct marketing, search marketing and advertising banners, etc. The upward trend of the current market which stands at .3 billion, could go over billion by 2008.
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Christine Garcia
Monday, June 29, 2009
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