prospect

(redirected from prospecting)
Also found in: Dictionary, Thesaurus, Idioms, Encyclopedia, Wikipedia.

Prospect

1. A potential seller or buyer.

2. To network in order to find potential, new clients, especially for a brokerage.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

prospect

To look for customers. For example, a registered representative may join a civic organization to prospect for new customers.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

prospect

an individual or organization who is a possible buyer of a product.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

prospect

A person who has indicated some interest in buying and who appears to have the desire and the ability to purchase.Contrast with suspect,who is someone identified as possibly having an interest in buying,but who has not yet been contacted or has not yet given any evidence of interest.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Although the producers have been busy, they haven't been efficiently prospecting. Instead of prospecting, they have created fliers, written letters and emails, attended non-qualified networking events and developed call lists.
"They'll gain an understanding of staking requirments - how to stake out claims and how to record claims, how to research a commodity or property and how to do basic exploration and prospecting on the property."
Insurance agents and brokers, along with professionals in other financial services segments, sometimes get stuck in a rut when it comes to prospecting. But let's face it: Everyone's playbook needs a regular update, even (or perhaps most especially) the team MVP.
3 Don't stress about prospecting, because you're already leaving thousands of dollars on the table from your existing clients.
Prospecting results have been promising, with mapping, petrographic and mineralogical studies followed by chemical analyses leading to localisation of vein deposits at Bou El Jaj.
A It's great that you're using email to reach prospects, but you may want to consider diversifying your prospecting methods.
Wendy Weiss, The Queen of Cold Calling, has brought together six renowned experts in the fields of lead generation and prospecting for a week long, information-packed event, The Prospecting & Lead Generation Summit.
On a prospecting call, what is the best way to greet a new prospect?
Considering all of the new and transforming elements of technology today, particularly those technologies that assist in marketing communications, how does an agent lay the foundation for prospecting that makes good use of new technologies?
And a great deal of the time, when you ask them what they're doing, they'll tell you they're prospecting. They're busy trying to find business.
When thinking about your overall sales prospecting, it's important to create a plan for staying in touch with and developing relationships with unsold prospects.