Question

explain two strategies that you would recommend for qualifying prospective buyers for your favorite product or service. Why did you select each strategy?

2-3 paragraph . Include APA-formatted in-text citations and a reference list to support your response.

Answer 1

For determining the qualifying buyers from the seller side perspective following factors should be considered.

Buyer payment capacity

This is the most essential part of determining the qualifying prospective buyers. My determination of the specific capability of payment which would be done by the buyer is very essential as it directly provide an information for determining the best product which should be introduced into the market.
Selection of this category is essential because every market involved different buyers which could be easily captured by using this analysis.

Understanding interest

Understanding the interest of the buyer is also a major part for determining the cell inside prospective of qualification. This would enable a seller to specifically target a specific customer or a customer segment for improved effectiveness of selling the goods as it would provide better support to the forecast customer group in terms of detailed explanations and information provision.
Using this specific factor is also essential as all the products inside the market are totally based on the interest of the customer which directly determined better sales and revenue generation from the same market.

Rererences.- https://www.thebalance.com/qualifying-buyers-from-a-seller-side-perspective-2867368

https://www.business.qld.gov.au/running-business/leaving-business/selling/buyers