Back To Basics: Who Do You Sell To?
Last month we reviewed the most important fundamental question any business owner or executive can ask to provide direction for business planning and that is: “What do I sell”. Only after a clear understanding of the answer to this question is established can one begin to draft a business plan.
If “What you sell” does not have a market then a series of problems will arise and must be addressed. But if a market does exists and you can define “Who you should sell to” based on “What you sell”, then you have the basis for a “Strategic” business plan. Being able to clearly define “Who you should sell to”, defines your market in a proactive manner. Proactive can be scary but it will result in the most profitable sale endeavor for your company.