Why Business Development ≠ Sales

The terms business development and sales are often used interchangeably, leading to misinterpretations. While both aim to increase revenue, they differ in approach. Sales concentrate on short-term revenue via client conversions, while business development centres on strategic partnerships, enabling long-term growth. The success of an organization can be enhanced by understanding these distinctions and employing both disciplines effectively for immediate gains and future prospects.
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Published on December 08, 2023 09:53
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