Networking refers to the practice of building and nurturing relationships, both professional and social, within a specific community or industry. The primary goal of networking is to create a mutually beneficial connection where individuals can exchange information, advice, resources, and opportunities. This often involves attending events, conferences, meetings, and using online platforms to connect with others who share similar interests or professional goals.
Networking can take various forms, including:
Effective networking can lead to a range of benefits, such as career opportunities, partnerships, collaborations, mentorship, and access to valuable information and resources. It's a fundamental practice in business and professional development, enabling individuals to expand their knowledge, reach, and influence within their respective fields.
The Sales Glossary is a compendium of all the most commonly used terminology in sales strategy. Many of the concepts listed here are used when implementing a CRM system or a digital sales funnel, no matter if they are legacy systems or an online CRM. See also our blog that deals with sales techniques, marketing and sales culture.