Tag: business development software

  • Best Business Development Software For More Profit in 2023

    Entrepreneurship is a journey riddled with numerous challenges, but none more pressing than the constant need for business development. Running a business is a demanding, ongoing process that requires various tools and initiatives to grow and succeed. The workload is tremendous and it’s impossible to do everything on your own. So, what’s the solution? Turn to technology to ease the burden.

    Thankfully, tech experts have designed numerous business development tools and applications to assist entrepreneurs in their journey. These apps are designed to boost your business and take care of important features, providing you with some much-needed relief. However, with so many options available, selecting the best app for your business can be a daunting task.

    To ease the process for young entrepreneurs, we’ve created a list of must-have apps and tools for business development. These powerful tools can help take your business to the next level, making your life as an entrepreneur much more manageable. So, without further ado, let’s take a look at these apps and get started on boosting your business.

    List of Business Development Tools

    RocketBolt
    GoTo
    Twitter
    LinkedIn
    Slack
    Trello
    Google Drive
    Prezi
    Newsle
    SyncUp
    Calendly
    Google Alerts
    Boomerang for Gmail
    Gong
    LeadGrabber Pro
    Rapportive
    Adobe Photoshop
    QuickMail
    Sync
    Pipedrive

    List of Business Development Tools

    RocketBolt

    Website Rocketbolt.com
    Rating 3.5/5
    Headquarters San Francisco
    Company Founded 2013
    Specialties Lead Activation, Conversion Optimization, Email Productivity, Lead Tracking

    RocketBolt - Best business development software
    RocketBolt – Best business development software

    RocketBolt is the trendy app to manage all your emails and make them easy to read. The only email tracking plugin, which is actually fun to use. RocketBolt can be easily added to any website in less than 5 minutes, and quickly drive more sales and more social media engagement without any additional management or maintenance. Great UX/UI, neat features, super easy to use. Eminent tools for business development.

    Pricing:

    RocketBolt offers custom pricing plan.


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    GoTo

    Website Goto.com
    Rating 4.5/5
    Headquarters Boston, Massachusetts
    Company Founded 2003
    Specialties Online meeting, screen-sharing, collaboration, HD video conferencing

    GoTo - Best business development tool
    GoTo – Best business development tool

    GoTo is a prominent provider of flexible-work software, offering a suite of tools designed to facilitate communication and collaboration with customers and colleagues. The GoTo mobile app is a secure and fully integrated solution that includes phone, messaging, meeting, training, and webinar features, enabling users to work anytime, anywhere.

    In addition, GoTo’s software also provides multi-channel inbox communication capabilities, allowing users to manage all their communications through a single platform. With support for SMS, webchat, and social media channels, businesses can effectively meet the increasing expectations of their customers.

    GoTo is dedicated to empowering businesses and professionals to connect and collaborate seamlessly. With its comprehensive suite of flexible-work software, GoTo is an indispensable business development tool for anyone looking to maximize their productivity and efficiency.

    GoTo Meeting – How to Join a Meeting

    10 Best Video Conferencing Software in 2023
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    Twitter

    Website Twitter.com
    Rating 4.5/5
    Headquarters San Francisco, CA
    Company Founded 2006
    Specialties Real-time information, social media messaging

    Twitter - tool for business development
    Twitter – tool for business development

    Twitter serves the public conversation. Twitter is a ‘microblogging‘ system that allows you to send and receive short posts called tweets. Twitter allows helping the world connect, debate, learn and solve problems is what draws us to careers at Twitter, and it’s what keeps us here.

    Twitter can aid in business development by helping businesses build brand awareness, connect with customers, expand reach, and promote their products or services. It provides a platform for businesses to engage with their audience, establish themselves as industry leaders, and increase their visibility to a wider audience.

    Pricing:

    Twitter is Free to use.


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    LinkedIn

    Website www.linkedin.com
    Rating 4.6/5
    Headquarters Sunnyvale, CA
    Company Founded 2003
    Specialties Online Professional Network, Jobs, People Search, Company Search, Address Book, Advertising, Professional Identity, Group Collaboration

    LinkedIn - professional networking site
    LinkedIn – professional networking site

    LinkedIn is a social networking platform designed specifically for professionals and businesses. It allows individuals and organizations to create profiles, connect with other professionals, and engage in business-related conversations and networking. LinkedIn connects the world’s professionals to make them more productive and successful. LinkedIn is the world’s largest professional network.

    LinkedIn can aid in business development by providing a platform for professionals and businesses to connect, network, and engage in business-related conversations. It can help businesses with recruiting, building brand awareness, expanding their network, and sales and marketing. LinkedIn is a valuable tool for businesses looking to grow and establish themselves as industry leaders.

    Pricing:

    LinkedIn’s basic version is available for Free. However, different pricing plans are offered for job seekers, recruiters, and sales professionals.


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    Slack

    Website Slack.com
    Rating 4.7/5
    Headquarters San Francisco, California
    Company Founded 2009
    Specialties Connectivity, team communication and workflows

    Slack for Business Development
    Slack for Business Development

    Slack is the place where people can effectively work together, find important information, and access hundreds of thousands of critical applications and services to do their best work. This app is best for you if your team works remotely and you want to constantly stay in touch with them. This is a very easy and simple communication app to contact your whole team together remotely.

    Slack is a team collaboration platform that can aid in business development through its centralized communication and collaboration features. It allows for quick and efficient communication and facilitates collaboration through file sharing and project management tools. Additionally, Slack can integrate with other business tools, further streamlining workflows and enhancing productivity.

    Pricing:

    Plan Monthly Price
    Free ₹0/month
    Pro ₹218/month
    Business1+ ₹375.20/month
    Enterprise Grid Custom plans


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    Trello

    Website Trello.com
    Rating 4.5/5
    Headquarters New York
    Company Founded 2011
    Specialties Visual collaboration tool for shared project perspectives

    Trello for business development
    Trello for business development 

    Trello is a project task management tool that gives you a visual overview of what is being worked on and who is working on it. This creates a system that allows for individuals or teams to track a project and collaborate or contribute where they can be most useful or where it is most needed.

    It allows teams to collaborate, delegate tasks, and track progress, making it easier to stay on top of project timelines and goals. Trello’s customizable boards and cards can be tailored to fit the specific needs of a business, and it integrates with other business tools, further streamlining workflows and enhancing productivity.

    Trello – Business Development Software

    Pricing:

    Plan Yearly Price
    Free $0
    Standard $105/user/month
    Premium $10/user/month
    Enterprise $17.50/user/month


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    Google Drive

    Website www.google.com/intl/en-US/drive
    Rating 4.8/5
    Headquarters Mountain View, CA
    Company Founded 2012
    Specialties Online Storage, file sharing

    Google Drive - business development software
    Google Drive – business development software

    Google Drive is a free cloud-based storage service that enables users to store and access files online. It can aid in business development by providing a centralized location for storing and sharing files. It allows you to share the documents with your whole team together and prevent yourself from the hassle of sending emails separately. The Google drive provides the 15 GB free space to backup your important files. Google drive is the very best cloud storage app.

    Pricing:

    Plan Monthly Price Storage
    Free ₹0 15 GB
    Basic ₹35/month (for 1 month) 15 GB
    Standard ₹52.50/month (for 1 month) 200 GB
    Premium ₹162.50/month (for 1 month) 2 TB


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    Prezi

    Website Prezi.com
    Rating 4.6/5
    Headquarters San Francisco, California
    Company Founded 2009
    Specialties Online presentation tool

    Prezi – business development platform

    Prezi is the cloud-based presentation platform that helps you connect more powerfully with your audience. Prezi’s open canvas allows you to navigate through topics freely, encouraging interaction and collaboration between you and your viewers. The result is conversational presentations that are more natural, more engaging, and more memorable.

    Pricing:

    Plan Monthly Price
    Standard Starting at $5/month
    Plus Starting at $12/month
    Premium Starting at $16/month


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    Newsle

    Website NA
    Rating 4.0/5
    Headquarters San Francisco, California
    Company Founded 2013
    Specialties Real time news

    Newsle - Free Business Development Tool
    Newsle – Free Business Development Tool

    Newsle is a web application that allows users to follow real news about their Facebook friends, LinkedIn contacts, and public figures. The app will keep you one step ahead and provide a short description of the trending news. The app is very simple and saves lots of time, and provide you with the latest information.

    LinkedIn Acquired News Alert Startup Newsle

    Pricing:

    Newsle is Free to use.

    SyncUp

    Website Syncup.at
    Rating 3.9/5
    Headquarters Austria
    Company Founded 2013
    Specialties Secure collaborative space

    SyncUp - business development software
    SyncUp – business development software

    SyncUp is a new productivity tool for outbound business professionals that simplifies collaboration with potential and existing clients. SyncUp allows you to invite one or more people by email to join a secure collaborative space which is just one click away. There are no passwords to remember or codes to enter.

    Pricing:

    Plan Monthly Price
    Free $0
    Business $29/month/user
    Enterprise $99/month/user

    Calendly

    Website Calendly.com
    Rating 4.7/5
    Headquarters Remote
    Company Founded 2013
    Specialties Meeting scheduling with Prospects

    Calendly - business development tool
    Calendly – business development tool

    Calendly is a scheduling software that can be useful for business development. It allows businesses to schedule appointments with potential clients efficiently. Calendly can be used to schedule discovery calls, demos, and meetings with clients. It also integrates with various other tools, such as CRMs and video conferencing platforms, making it easy to manage the entire scheduling process. Additionally, Calendly offers features like reminders and time zone detection to ensure meetings are never missed. Overall, Calendly can help businesses save time and improve their efficiency when it comes to scheduling meetings and connecting with clients.

    Pricing:

    Plan Monthly Price
    Basic $0
    Essentials $8/seat/month
    Professional $12/seat/month
    Teams $16/seat/month
    Enterprise Custom pricing


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    Google Alerts

    Website www.google.com/alerts
    Rating 4.6/5
    Headquarters Remote
    Company Founded 2003
    Specialties Notification platform for businesses

    Google Alerts - cloud-based notification platform
    Google Alerts – cloud-based notification platform

    Google Alerts is a tool that can be used to stay informed about updates related to specific topics of interest. When a user sets up a keyword or search term, Google Alerts will send email notifications whenever it finds new results on the web that match that search term. These results can include web pages, news articles, blog posts, and research studies. By using Google Alerts, users can stay connected with the latest developments and trends related to their areas of interest. This can be particularly useful for business professionals, researchers, or anyone who wants to stay informed about a particular topic.

    Pricing:

    Google Alerts is Free to use.


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    Boomerang for Gmail

    Website www.boomeranggmail.com
    Rating 4.7/5
    Headquarters Mountain View, CA
    Company Founded 2010
    Specialties Email management software for Gmail users

    Boomerang for Gmail - business development tool
    Boomerang for Gmail – business development tool

    Boomerang for Gmail is a tool that can be useful for business development. It is a browser extension that integrates with Gmail and allows users to schedule emails to be sent at a later time, set reminders for follow-up emails, and track email opens and responses. With Boomerang, users can ensure that their emails are sent at the most optimal times and can keep track of their interactions with clients or potential clients.

    Additionally, Boomerang offers features like email scheduling and follow-up reminders, which can help users stay on top of their email correspondence and improve their overall efficiency. Overall, Boomerang for Gmail can be a valuable tool for business professionals looking to streamline their email communication and improve their business development efforts.

    Pricing:

    Plan Yearly Price
    Basic Free
    Personal $4.98/Month
    Pro $14.98/Month
    Premium $49.98/Month


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    Gong

    Website www.gong.io
    Rating 4.8/5
    Headquarters San Francisco, CA
    Company Founded 2015
    Specialties Analyze and Iimprove demo calls

    Gong - conversation analytics platform
    Gong – conversation analytics platform

    Gong.io is a conversation analytics platform designed for sales teams. The platform uses artificial intelligence and machine learning to analyze sales conversations and provides insights to help sales teams improve their performance. Gong.io can record and transcribe sales calls, and then analyze the conversations to identify patterns, highlight key moments, and provide feedback on areas that need improvement. The platform can also be used to monitor sales performance in real-time, allowing sales managers to provide coaching and support to their team members.

    Pricing:

    Gong.io offers custom pricing plans.


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    LeadGrabber Pro

    Website www.egrabber.com/leadgrabberpro
    Rating 4.2/5
    Headquarters San Jose, California
    Company Founded 1996
    Specialties B2B prospecting tool for sales and marketing teams of any size

    LeadGrabber Pro is a lead generation software designed for businesses and sales professionals. The software enables users to quickly and easily capture leads from various sources such as social media, online directories, and websites. LeadGrabber Pro can automatically capture contact details such as names, email addresses, phone numbers, and job titles and transfer them to a database or CRM system.

    Pricing:

    Plan Yearly Price
    For one-person sales teams $3,495/Year
    For small sales teams $5,495/Year
    For Medium Sized sales teams $8,495/Year


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    Rapportive

    Website NA
    Rating 4.5/5
    Headquarters San Francisco, California
    Company Founded 2010
    Specialties Get extra information about your email contacts

    Rapportive – Business Development Tool

    Rapportive is handy for Gmail users because it shows you extra information about your contacts if you are using Gmail. When you open up your Gmail account, you can click on a contact and that person’s LinkedIn profile will appear on the right.

    Pricing:

    Rapportive is Free to use.

    Adobe Photoshop

    Website www.adobe.com/in/products/photoshop.html
    Rating 4.8/5
    Headquarters San Jose, California
    Company Founded 1990
    Specialties Image and graphic design and editing

    Adobe Photoshop for  business development
    Adobe Photoshop for business development

    Adobe Photoshop is a graphics editing software that can be used for business development. Photoshop can be used to create marketing materials such as flyers, brochures, and banners. It can also be used to design graphics for social media platforms such as Facebook, Twitter, and Instagram. Additionally, Photoshop can be used to develop branding assets such as logos, business cards, and other visual identity elements.

    Adobe Photoshop can be a valuable tool for businesses looking to improve their visual communication and develop high-quality marketing materials.

    Pricing:

    Adobe Photoshop offers 7-day free trial, then ₹1,675.60/month.


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    QuickMail

    Website Quickmail.io
    Rating 4.8/5
    Headquarters Zug, Zurich
    Company Founded 2014
    Specialties Automated email solution

    QuickMail - business development platform
    QuickMail – business development platform

    QuickMail is a sales automation software that can be used for business development. It enables users to create and send personalized cold emails to potential clients and track their engagement with those emails. QuickMail can also automate follow-up emails based on the recipient’s response, allowing users to keep their prospects engaged and move them further down the sales funnel.

    Pricing:

    Plan Yearly Price
    Lite Plan Free
    Starter Plan $49/Month
    Pro Plan $69/Month


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    Sync

    Website www.sync.com
    Rating 4.4/5
    Headquarters Toronto, Ontario
    Company Founded 2014
    Specialties Private file sharing and storage

    Sync - file sharing and storage platform for business development
    Sync – file sharing and storage platform

    Sync is a file sharing and storage platform that can be used for business development. It enables users to securely store, share, and collaborate on files and documents with colleagues, clients, and partners. With Sync, users can access their files from anywhere, on any device, and collaborate with others in real-time.

    Pricing:

    Plan Yearly Price
    Teams Standard $6, per user, per month, billed annually
    Teams Unlimited $15, per user, per month, billed annually
    Enterprise Custom Plans


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    Pipedrive

    Website www.pipedrive.com
    Rating 4.5/5
    Headquarters New York
    Company Founded 2010
    Specialties CRM built by salespeople, for salespeople

    Pipedrive CRM For Business Development
    Pipedrive CRM For Business Development

    Pipedrive is a customer relationship management (CRM) platform that can be used for business development. It enables users to manage their sales pipeline, track leads, and automate sales processes. With Pipedrive, users can easily visualize their sales funnel, identify bottlenecks, and take action to move leads through the pipeline.

    Pricing:

    Plan Yearly Price
    Essential $9.90, per user, per month, billed annually
    Advanced $19.90, per user, per month, billed annually
    Professional $39.90, per user, per month, billed annually
    Enterprise $59.90, per user, per month, billed annually


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    Conclusion

    The right business development software can make all the difference when it comes to driving growth and success for your organization. There are a wide variety of software tools available to help you achieve your goals. From sales automation platforms like QuickMail and Boomerang for Gmail to file sharing and storage platforms like Sync, there are plenty of options to choose from. And with CRM platforms like Pipedrive and lead generation tools like LeadGrabber Pro, you can easily manage your sales pipeline and find new opportunities for growth.

    Whatever your business development needs may be, there is a software solution out there that can help you achieve your goals. By investing in the right software tools and platforms, you can streamline your workflows, increase efficiency, and ultimately drive greater revenue growth for your business.

    FAQs

    What is business development software?

    Business development software is a set of tools and platforms designed to help businesses improve their sales, marketing, and branding efforts. These software tools can include customer relationship management (CRM) platforms, lead generation tools, sales automation software, and more.

    Is business development in high demand?

    Yes, business development is in high demand, particularly as companies look for ways to drive revenue growth and expand their market share.

    How can business development software help my business?

    Business development software can help your business in a number of ways, such as improving your lead generation efforts, streamlining your sales process, enhancing your marketing and branding efforts, and more.

    Some popular business development software tools include Pipedrive for CRM, LeadGrabber Pro for lead generation, Boomerang for Gmail for sales automation, Adobe Photoshop for branding and design, and Sync for file sharing and storage. However, there are many other software tools available, and the right choice will depend on your specific business needs.

    How can I choose the right business development tool for my business?

    To choose the right business development tool for your business, start by identifying your specific needs and goals. Consider factors such as your sales process, marketing and branding efforts, and team collaboration needs. Then, research and compare different software tools and platforms to find the ones that best meet your requirements and budget.

    How do you keep track of business development?

    You can keep track of business development by using a customer relationship management (CRM) platform to manage your sales pipeline, track leads, and automate sales tasks. You can also use data analytics and reporting tools to measure the success of your business development efforts and make data-driven decisions.

  • The Roles & Responsibilities of a Business Development Manager

    Business Development refers to the actions such as initiatives, plans, and concepts designed to make a business more efficient. It is the process of making business-related decisions that are strategic and accelerating the expansion of business, generating more revenue and maximising profits by forming strategic partnerships.

    Before we go into the topic, let’s take a look at who a business development manager is.

    Who is a Business Development Manager?
    Roles & Responsibilities of a Business Development Manager
    Strategies for Business Development
    List of Business Development Tools

    1. Semrush
    2. AWeber
    3. InstaPage
    4. Fiverr
    5. Canva
    6. LinkedIn

    Conclusion
    FAQs

    Who is a Business Development Manager?

    A Business Development Manager is the person who creates a growth plan which is centred around the financial benefits and satisfaction of customers. They could play a variety of roles throughout an initiative. This could affect the long-term performance of a company. The company’s business development team are always looking for new ways to make money.

    Different businesses development activities are executed in various departments, including marketing, sales and management, along with managing vendors and their products. These include networking, negotiation collaborations as well as cost-saving strategies and collaborations. These various divisions are led by the goals to develop business. The tasks of business development are carried out internally or with the assistance of an expert in the field of business development.

    Roles & Responsibilities of a Business Development Manager

    The Roles & Responsibilities of Business Development Manager Explained

    A Business Development Manager is required to fulfil essential duties and responsibilities. They have to accomplish both long and short-term objectives. The main tasks of a business growth manager are listed below.

    • Recognizing and attracting salespeople with the appropriate abilities to increase sales performance.
    • They should coach and supervise their sales team in order to improve their performance.
    • Create business plans and effective sales plans to meet the goals of sales.
    • Implement training and programs to improve abilities. Also, address the issues discovered in the business.
    • Make sure that the resources are managed according to the budget requirements for executing the business plan.
    • Examine the needs of customers and the conditions of a market that is competitive. This aids in making an improvement in the preparation and implementation of sales plans.
    • New business opportunities can be created through networking, cold-calling and more.
    • Establish and maintain strong relationships with your customers when creating new business ideas.
    • Enhance the marketing strategies to increase awareness of the product offered by the business through coordination with the marketing department.
    • Make sure that the information is communicated about the most recent business information is shared among the corporate communications team, sales staff and management as well as customers.

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    Strategies for Business Development

    These are the most effective strategies for business development:

    1. Recognize Your Competitors

    The primary strategy for business growth is to understand your competitors. You must evaluate the services they provide and analyze the factors that make your company stand out from the rest of the pack.

    2. Tap the Right Opportunities

    It is advisable to check your contacts with those you intend to strike the deal with. It is essential to identify potential customers to work with. It is essential to search the market for an effective partnership before signing any contract.

    3. Pay Attention to Your Website

    In today’s world, the appearance of a website is important significantly. It is because the majority of consumers browse through websites for businesses prior to making a choice. Therefore, it is important to include videos and other new features to your website to be the most popular choice for potential customers.

    4. Sharpen Your Listening Skill

    Being able to listen is the best method of business development that one can employ to grow their business. The role of the business manager is to know the viewpoint of the client, the issues or problems and the type of work that is done. Therefore, they must be a good listener in order to expand their business.

    5. Take a Look at Online Reviews

    Nowadays, customers read online reviews to determine if they are required to conduct business with a certain business or not. So, it is important to create a Google notification for your company to track responses to online reviews as needed.

    6. Focus on Client’s Requirement

    It is important to communicate what the client wants instead of presenting the services you offer. You must be attentive to the concerns of your client to ensure that you tailor your services according to the needs of your client.

    7. Time Management

    Never say – I don’t have time, because time management is among the most essential abilities that every successful entrepreneur should have. It’s all about prioritizing tasks. First, complete the work that is important and then move on to other tasks.

    8. Offer Quality Services

    When you begin working with customers, it’s time to please them with top-quality services. The client should be given a strict deadline in order to be able to access new business opportunities following the completion of one task.

    9. Innovation At Its Best

    If you can offer something unique to your clients, it is likely that they’ll continue to do transactions with you. Everyone wants items or solutions that have most recent on the market.

    10. Networking Events

    Make sure you maintain the network. Being in the office and making different plans does not help by yourself. You must attend various business gatherings that aid in building your network.

    List of Business Development Tools

    Often used tools for business development
    Often used tools for business development

    There is a myriad of business development tools that could help to improve your business. A few tools used by business executives in business development include:

    Semrush

    If you’re searching for organizations to work with, Semrush will help us identify the most lucrative commercial opportunities. Semrush is a SaaS (software as an online service) platform. It provides subscriptions to marketing analytics software and online visibility. It also offers keyword strategies as well as reports on data. The platform was founded by Dmitry Melnikov and Oleg Shchegolev in 2008.

    Semrush provides so many functions and insights. It is mainly utilized in the implementation of digital marketing and strategic planning. The tool has advanced functions such as competitor insights, topic research, SEO audits, lead generation tools, and keyword position tracking.


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    AWeber

    Every business development team needs a powerful email tool that can assist them with their outreach. AWeber is a great email marketing tool that can send different email campaigns. Also, you can schedule an automated sequence by using this tool.






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    It allows to tag different emails based on clicks and open rates. That will help to categorize your prospecting lists, to keep the most interested ones. It includes advanced features like drip campaigns and A/B testing. AWeber is designed in a way that is easy and intuitive to use. It was founded by Tom Kulzer in 1998.


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    InstaPage

    InstaPage, Inc. is an online software business based in America. It was founded by Tyson Quick in 2012. Additionally, he is the current CEO of the company. InstaPage is a great tool to design and create custom landing pages. You can design a custom page that is targeted at the business rather than posting a link to our business partner on our public home page.






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    InstaPage has a feature called Heatmaps. It allows you to see which users are scrolling and clicking most on the page. It helps us optimize conversions.

    Fiverr

    Fiverr is a great tool to assign certain tasks to others, such as freelancers. It allows us to concentrate on the important work by delegating repetitive tasks to other people. Additionally, it helps us save time. Fiverr is demonstrating a different method of freelance work.






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    It lets you browse the site exactly as you would shop instead of creating a post and taking bids. Fiverr was established in 2010 by Shai Wininger along with Micha Kaufman. There are so many options available on the website. It provides writing, translation, graphic design, programming and editing videos, among others.

    Canva

    Canva is a fantastic platform for graphic design. It lets users create posters as well as social media images, documents, presentations and other visual media. It is available both on mobile devices and on the web. It incorporates a wide variety of templates including fonts, images, and illustrations.






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    Users can choose designs from the range of designs designed by professionals, and then edit the designs. It also allows users to upload images using the Drag and Drop interface. Paid subscriptions, which include Canva for Enterprise and Canva Pro also come with additional options. It was created in 2012 by Melanie Perkins, Clifford Obrecht along Cameron Adams.

    LinkedIn

    LinkedIn is a social network that focuses on employment. It is home to around 706 million members spread across 150 countries. Users can search for things related to work on LinkedIn. It is mostly used to facilitate professional, social and career-related networking. Employers post jobs to locate candidates. Additionally, job candidates post their CVs to be considered for a position.

    The website functions to serve as an internet-based directory for professional and non-professional organizations. Additionally, it lets you find people based on their jobs and establish connections. It assists in expanding our networks. LinkedIn was created in 2003 by Reid Hoffman, Allen Blue, Konstantin Guericke, Eric Ly, and Jean-Luc Vaillan.


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    Conclusion

    We know now who the business development manager actually is, and what his roles and responsibilities are. The strategies they employ to grow their company, and the tools commonly used for business development, can make them stand above the rest of their competition.

    FAQs

    What is the business development process?

    Business development is the process that is used to identify, nurture and acquire new clients and business opportunities that increase profitability and growth. A business development plan is a document that outlines the strategies you’ll employ to achieve that goal.

    What does the business development manager do?

    The job of a business development manager is to find prospects for sales, pitch products or services to potential customers and maintain a positive connection with new customers.

    What are the roles and responsibilities of a business development manager?

    The role and responsibilities of a business development manager include:

    • Recognizing and attracting salespeople with the appropriate abilities to increase sales performance.
    • They should coach and supervise their sales team in order to improve their performance.
    • Create business plans and effective sales plans to meet the goals of sales.
    • Implement training and programs to improve abilities. Also, address the issues discovered in the business.
    • Make sure that the resources are managed according to the budget requirements for executing the business plan.

    Which are the most effective business development tools?

    Here’s a list that includes the most effective tools for business development.

    • SEMrush
    • AWeber
    • InstaPage
    • Fiverr
    • Canva
    • LinkedIn

    What are the strategies for business development?

    Strategies for effective business development include:

    • Recognize your competitors.
    • Tap the right opportunities.
    • Pay attention to your website.
    • Sharpen your listening skill.
    • Take a look at online reviews.
    • Focus on the client’s requirement.
    • Time management.
    • Offer quality services.
    • Innovation at its best.
    • Networking events.
  • Hubspot – Helping Businesses Grow Better Every Day

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by the organization it is based on.

    As fellow graduate students at MIT in 2004, Brian and Dharmesh noticed a shift in the way people shop and buy. Consumers were no longer tolerating interruptive bids for their attention — in fact, they’d gotten really, really good at ignoring them.

    From this shift, a company was born: HubSpot. It was founded on “inbound”, the notion that people don’t want to be interrupted by marketers or harassed by salespeople — they want to be helped.

    HubSpot – Company Highlights

    Startup Name HubSpot, Inc.
    Headquarters Cambridge, Massachusetts
    Industry Software
    Founded June 2006
    Founders Brian Halligan(CEO), Dharmesh Shah
    Total Funding $100.5M ( As of 2020)
    Area Served Worldwide
    Website www.hubspot.com

    HubSpot – About and How it Works?
    HubSpot – Recent News
    HubSpot – Logo and its Meaning
    HubSpot – Founder and History
    HubSpot – Mission
    HubSpot – Business Model
    HubSpot – Revenue and Growth
    HubSpot – Funding and Investors
    HubSpot – Investments
    HubSpot – Acquisitions
    HubSpot – Competitors
    HubSpot – Challenges Faced
    HubSpot – Future Plans
    HubSpot – FAQs
    HubSpot – Conclusion

    HubSpot – About and How it Works?

    HubSpot is an American developer and marketer of software products for inbound marketing, sales, and customer service. It was founded by Brian Halligan and Dharmesh Shah in 2006. The Company offers integrated applications that helps in lead generation and social marketing.

    HubSpot provides a cloud-based marketing, sales, and customer service software platform referred to as the growth platform. The applications are available ala carte or packaged together. HubSpot’s mission is to help companies grow better and has expanded from its initial focus on inbound marketing to embrace marketing, sales, and service more broadly.

    Its products and services aim to provide tools for customer relationship management, social media marketing, content management, lead generation, web analytics, search engine optimization, live chat, and customer support.

    HubSpot – Recent News

    As of December 2020, HubSpot Announced Major Upgrade To Its Sales CRM, Marrying Enterprise Power With Consumer Ease-of-Use – HubSpot is bringing power and ease-of-use to enterprise sales software with a major upgrade of its sales CRM, Sales Hub Enterprise. Custom objects, sophisticated sales reporting, and advanced permissions have been added to give sales leaders new levels of control and flexibility in their CRM, while enhanced sales engagement and configure-price-quote (CPQ) capabilities make it easier than ever for teams to connect with prospects and close deals quickly.

    HubSpot – Logo and its Meaning

    HubSpot’s Company Logo

    The HubSpot logo is the instantly recognizable symbol and focal point of the brand. The HubSpot’s logo has a Sprocket in orange colour which is nothing but the communications where the HubSpot brand has already been established.

    HubSpot – Founder and History

    HubSpot was founded by Brian Halligan and Dharmesh Shah in 2006.

    Brian Halligan and Dharmesh Shah | Founders, HubSpot

    As fellow graduate students at MIT in 2004, Brian and Dharmesh noticed a shift in the way people shop and buy. Consumers were no longer tolerating interruptive bids for their attention — in fact, they’d gotten really, really good at ignoring them.

    From this shift, a company was born: HubSpot. It was founded on “inbound”, the notion that people don’t want to be interrupted by marketers or harassed by salespeople — they want to be helped.

    Today, the inbound movement continues to empower businesses around the world to stop interrupting, start helping, and return their focus to the customer.


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    HubSpot – Mission

    HubSpot’s mission statement says,

    “There’s this notion that to grow a business, you have to be ruthless. But we know there’s a better way to grow. One where what’s good for the bottom line is also good for customers. We believe businesses can grow with a conscience, and succeed with a soul — and that they can do it with inbound. That’s why we’ve created a platform uniting software, education, and community to help businesses grow better every day.”

    HubSpot – Business Model

    HubSpot creates various (B2B) software products for inbound marketing and sales purposes. These software tools allow their business customers to capture leads, drive sales and educate customers through content.

    HubSpot makes money by charging customers for using the premium features of their software tools. These are divided into so-called hubs and tailored towards different parts of the sales cycle. Additionally, HubSpot runs a marketplace in which it offers third-party apps. Lastly, a small portion of its revenue is generated through consulting services and the hosting of events.

    HubSpot – Revenue and Growth

    The company grew from $255,000 in revenues in 2007, to $15.6 million in 2010. Later that year HubSpot acquired Oneforty, the Twitter app store founded by Laura Fitton. The company also introduced new software for personalizing websites for each visitor. According to Forbes, HubSpot started out targeting small companies but “moved steadily upmarket to serve larger businesses of up to 1000 employees.”

    HubSpot filed for an initial public offering with the Securities and Exchange Commission on August 25, 2014, requesting they be listed on the New York Stock Exchange under the ticker symbol HUBS. In July 2017, HubSpot acquired Kemvi, which applies artificial intelligence and machine learning to help sales teams. The company reported revenues of $674.9 million in 2019.

    HubSpot revenue for the twelve months ending September 30, 2020 was $0.817B, a 29.15% increase year-over-year.

    Year Amount Percentage Change From Last Year
    2019 $0.675B +31.56%
    2018 $0.513B +36.57%
    2017 $0.376B +38.62%

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    HubSpot – Funding and Investors

    HubSpot has raised a total of $100.5M in funding over 6 rounds. Their latest funding was raised on Nov 5, 2012 from a Series E round. HubSpot is funded by 12 investors. GV and Sequoia Capital are the most recent investors.

    Date Round Amount Lead Investors
    Nov 5, 2012 Series E $35M
    Mar 8, 2011 Series D $32M
    Oct 19, 2009 Series C $16M Scale Venture Partners
    May 16, 2008 Series B $12M Matrix Partners
    Sep 1, 2007 Series A $5M General Catalyst
    Jun 14, 2006 Seed Round $500K

    HubSpot – Investments

    HubSpot has made 10 investments. Their most recent investment was on Oct 25, 2018, when Ask Lorem raised $2.5M.

    Date Organization Name Round Amount
    Oct 25, 2018 Ask Lorem Seed Round $2.5M
    Sep 18, 2018 Sigstr Venture Round $4M
    Aug 9, 2018 Blissfully Seed Round $3.5M
    Mar 22, 2018 AdStage Series A $3M
    Feb 20, 2018 Crystal Knows Series B $5M
    Feb 5, 2018 Grow Series B $16M
    Sep 26, 2017 Drift Series B $32M
    Aug 22, 2017 Sigstr Series A $5M
    May 23, 2017 PandaDoc Series B $15M
    May 15, 2017 Terminus Series B $10.3M

    HubSpot – Acquisitions

    HubSpot has acquired 12 organizations. Their most recent acquisition was PieSync on Nov 4, 2019.

    Acquiree Name Date Amount About Acquiree
    PieSync Nov 4, 2019 PieSync solves the number 1 problem in the worldwide SME cloud market by offering a powerful solution to keep data continuously consistent.
    Acenna Data Apr 24, 2019 Acenna data uses machine learning to increase sales productivity for field sales
    Motion AI Sep 20, 2017 Motion AI is a software company that develops and “trains” chatbots.
    Evolve App Aug 25, 2017 Advice in Love, powered by Machine Learning
    Kemvi Jul 25, 2017 AI-powered growth automation for B2B sales and marketing teams
    Rekindle Mar 24, 2015
    Rentabilities Jan 1, 2014 Rentabilities is a rental company who can rent anything in Boston, Massachusetts.
    Chime Mar 29, 2013 Chime is a notification center for your browser.
    PrepWork Mar 29, 2013 PrepWork is a personal research assistant that briefs users on their appointments.
    oneforty Aug 18, 2011 oneforty is a social business hub that provides buyers with guide for businesses.

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    HubSpot – Competitors

    HubSpot’s competitors are Marketo, InfusionSoft, Adobe Marketing Cloud, Act-On, Wishpond, Pardot, Leadpages, etc.

    HubSpot – Challenges Faced

    In July 2015, HubSpot’s CMO, Mike Volpe, was dismissed for violating HubSpot’s code of business conduct. It was found that he tried to obtain a draft copy of the book Disrupted: My Misadventure in the Start Up Bubble, written by his former employee Daniel Lyons. According to an article in The Boston Globe, records obtained under the Freedom of Information Act indicated that HubSpot executives considered the book “a financial threat to HubSpot” and Volpe used “tactics such as email hacking and extortion” in the attempt to prevent the book from being published.

    In April 2016, after his book was published, Lyons wrote in The New York Times that HubSpot had a “frat house” atmosphere. He also called the company a “digital sweatshop” in which workers had little job security. Later that month, HubSpot’s founders gave an official response to the book, in which they addressed several, but not all, of Lyons’ claims.


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    HubSpot – Future Plans

    Last year, HubSpot launched multi-touch revenue attribution to tie your marketing work to the bottom line. Coming soon, HubSpot users will get a brand new custom report builder that pulls in even more HubSpot data. Think: emails, ads, social posts, campaigns, and more.

    The company has also expanded product limits on reporting in the majority of HubSpot accounts and made dashboards more robust and flexible, so your HubSpot reporting adapts to every change that comes your way.

    HubSpot – FAQs

    What kind of company is HubSpot?

    HubSpot is an American developer and marketer of software products for inbound marketing, sales, and customer service.

    Where does HubSpot get company information?

    HubSpot Insights is a database of company information that HubSpot gathers by combining third party data, web crawling, and crowdsourcing to ensure the data can be as accurate as possible. It is updated in real-time as we get new information.

    Who founded HubSpot?

    HubSpot was founded by Brian Halligan and Dharmesh Shah in 2006.

    HubSpot – Conclusion

    There’s this notion that to grow a business, you have to be ruthless. But we know there’s a better way to grow. One where what’s good for the bottom line is also good for customers. The company believes businesses can grow with a conscience, and succeed with a soul — and that they can do it with inbound. That’s why Hubspot has created an ecosystem uniting software, education, and community to help businesses grow better every day.

    The HubSpot CRM platform makes it easy for your entire company to work together — from marketing, to sales, to customer service. Each hub is powerful alone, but they’re even better together.