Understanding Business Development | Online
About this class
Traditional marketing and sales approaches often don't work today when a product is still being developed and both advertising and sales reps are expensive. Business Development is the effective alternative which is a combination of strategic alliances, marketing and sales to grow business by leveraging other business partners.
Students will learn how to grow their business by having partners bundle their solutions with their own to reach new customers faster and a lower cost. You will get an understanding of the product, pricing, marketing and licensing changes that will be needed to make the most of business development.
Takeaways
- What are the basic techniques of business development ?
- Identifying partners who already reach your target customers.
- How to craft your value proposition for these partners to have them bundle (both digitally and physically) and distribute your offering with theirs.
- How to adapt your product and pricing strategy for indirect distribution business channels.
- How business development can help with fund raising and even potential acquisitions.
Prereqs & Preparation
None.
