Franchise Sales
Franchise Sales refers to the skill of identifying, presenting, and securing franchise opportunities for qualified prospects. It involves understanding the franchise offering, matching candidates to the business model, and guiding them thro...
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Account Development refers to the practice of maintaining and expanding business relationships with existing or prospective clients through planned account management activities. It involves understanding account needs, coordinating follow up actions, and identifying opportunities to strengthen engagement and support long term business objectives. In work settings, this skill is applied to manage account progress, align services or offerings with client requirements, and support retention and growth within an established customer base.
Closing Skills refer to the techniques and strategies employed to finalize agreements or transactions effectively. This skill encompasses the ability to recognize buying signals, address objections, and facilitate decision-making processes. Knowledge of Closing Skills is used to guide individuals or groups toward a commitment, ensuring that all parties are satisfied with the outcome and that the objectives of the interaction are met.
Direct selling is the process of selling products or services directly to consumers without using a physical retail store or traditional marketing channels. It requires specialized skills such as product knowledge, communication, persuasion, and building relationships with customers. Direct sellers usually work independently or as part of a team, and can generate income through commissions on sales. Successful direct selling requires dedication, hard work, and a passion for the products or services being sold.
Lead Follow-Up refers to the practice of contacting prospective customers after an initial inquiry to maintain engagement and gather additional information. It involves tracking responses, confirming interest, and providing timely updates or next steps based on the prospect's needs. In work settings, this skill is used to organize outreach, support sales pipeline progression, and help ensure that promising opportunities receive appropriate attention.
New Business Development refers to the process of identifying and creating new market opportunities to drive growth and expansion for an organization. This skill involves analyzing market trends, understanding customer needs, and developing strategic partnerships to enhance business reach. Knowledge of New Business Development is used to formulate strategies that align with organizational goals, enabling the identification of potential clients and the establishment of long-term relationships.
Lightcast Skills Taxonomy
Looking for a specific skill? Search our library. Explore 35,000+ skills that we've collected from hundreds of millions of job postings, resumes, and online profiles.
The Lightcast Skills Taxonomy delivers clarity by allowing everyone to speak the same language. Use our APIs to articulate your skills needs, and leave the details to us: our dedicated team of taxonomists and engineers cleans, checks, and updates each entry so that you always have the most accurate and up-to-date picture of the labor market.
Are you a nonprofit pursuing a public good? Lightcast Skills APIs are freely available to you because we believe in using data for good and creating a labor market that works for everyone. Through the shared language of skills, we can enable a world where every worker and every job can find their best fits as efficiently and easily as possible.
Skills Hierarchy and Tags
Related Skills
Browse the most common related skills to this skill, based on the last 5 months of job postings data.
How does Lightcast define a skill?Account Development refers to the practice of maintaining and expanding business relationships with existing or prospective clients through planned account management activities. It involves understanding account needs, coordinating follow up actions, and identifying opportunities to strengthen engagement and support long term business objectives. In work settings, this skill is applied to manage account progress, align services or offerings with client requirements, and support retention and growth within an established customer base.
Closing Skills refer to the techniques and strategies employed to finalize agreements or transactions effectively. This skill encompasses the ability to recognize buying signals, address objections, and facilitate decision-making processes. Knowledge of Closing Skills is used to guide individuals or groups toward a commitment, ensuring that all parties are satisfied with the outcome and that the objectives of the interaction are met.
Direct selling is the process of selling products or services directly to consumers without using a physical retail store or traditional marketing channels. It requires specialized skills such as product knowledge, communication, persuasion, and building relationships with customers. Direct sellers usually work independently or as part of a team, and can generate income through commissions on sales. Successful direct selling requires dedication, hard work, and a passion for the products or services being sold.
Lead Follow-Up refers to the practice of contacting prospective customers after an initial inquiry to maintain engagement and gather additional information. It involves tracking responses, confirming interest, and providing timely updates or next steps based on the prospect's needs. In work settings, this skill is used to organize outreach, support sales pipeline progression, and help ensure that promising opportunities receive appropriate attention.
New Business Development refers to the process of identifying and creating new market opportunities to drive growth and expansion for an organization. This skill involves analyzing market trends, understanding customer needs, and developing strategic partnerships to enhance business reach. Knowledge of New Business Development is used to formulate strategies that align with organizational goals, enabling the identification of potential clients and the establishment of long-term relationships.
Lightcast Skills Taxonomy
Looking for a specific skill? Search our library. Explore 35,000+ skills that we've collected from hundreds of millions of job postings, resumes, and online profiles.
The Lightcast Skills Taxonomy delivers clarity by allowing everyone to speak the same language. Use our APIs to articulate your skills needs, and leave the details to us: our dedicated team of taxonomists and engineers cleans, checks, and updates each entry so that you always have the most accurate and up-to-date picture of the labor market.
Are you a nonprofit pursuing a public good? Lightcast Skills APIs are freely available to you because we believe in using data for good and creating a labor market that works for everyone. Through the shared language of skills, we can enable a world where every worker and every job can find their best fits as efficiently and easily as possible.
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This skill is part of the Lightcast Skills Taxonomy, a library of over 35,000 job related skills. It is the standard used by higher education institutions, public sector organizations and Fortune 500 companies around the globe.