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Business development is one of the most underrated strategies when it comes to growing your business.
You see, with business development, one good customer can be a game changer. This is true if you sell a product or service through B2B sales.
But if you're just starting out, it can be difficult to know exactly how to do this.
So the first question is: what is business development?
Here is our definition that we will use for this video.
Business development: the process of developing growth opportunities and relationships with other organizations
We will talk about three different types of business development:
1) Commercial product development
2) Distribution business development
3) Commercial development of distribution channels.
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Patrick Dang is an international sales trainer who started his career at Oracle in Silicon Valley and quickly became one of the best in North America in just one year.
After gaining experience in the corporate and startup world, Patrick began sharing his knowledge with modern sales students around the world.
Since then, Patrick has trained more than 70,000 students in 150 countries on topics such as how to start a career in sales, business development, lead generation, cold emailing, LinkedIn, cold calling and commercial skills.
Ultimately, Patrick's vision is to inspire others to pursue their dreams and provide the knowledge and tools needed to make those dreams a reality.
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