Cold Calling Techniques: That Really Work
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Cold calling is most certainly not dead! The truth is that if it is done correctly, it can be highly effective. Sales professionals need to learn how to handle objections and over time, these phone calls can make them better at attracting new prospects and closing the sale.
Role play your sales pitch with your manager or other sales reps, where you are cold calling them and working through your script. Record your sales pitch calls so you and your sales team can review things like your tone, pace, word choice, and call strategy, which can then be shared with other sales reps.
A cold call is when sales reps reach out to a potential buyer who's never interacted with them or their company before, with the intent to sell a product or service. Cold calling typically makes use of a sales pitch script to ensure reps sell the product effectively. It's a common practice in outbound sales.
While cold calling isn't the most effective strategy, you can increase your chances of success by doing a bit of research about your prospect first. Tailoring your pitch to each prospect is key. Use the simple script above as a framework and personalize it so it flows naturally for you.
You may have noticed you're not really cold calling anymore, as you've already winnowed down your list and done some homework all before picking up the phone. I promise you, my friend, this extra work will be worth it.
Now that the call is already deviating from the standard cold call, ask them a question to establish some rapport. Your goal here is to get them talking and prove you're familiar with them and their company.
However, the more cold calls you make, the more you'll get a feel for days and times that have the most success. Once you do, prioritize your calls and make the most important ones during those windows.
Harvard Business Review studied curiosity in the workplace and found that curiosity correlates with less defensiveness and stress. Curious prospects might give you more of their time to explore solutions to their problems.
While it's essential to establish rapport and start the conversation off on a positive note, be mindful that cold-calling is somewhat intrusive. You have interrupted their day, and you should get to the point quickly to respect their time.
I can totally understand your frustration with that. It sounds like your team is having trouble with [summarize their pain points/issue]. We work with a few companies like yours and most have found our services to be [how your product/service helped]. Do you have something similar in place
The goal of each cold call is to introduce yourself to the prospect and set up a discovery call with them. Remind yourself of the desired end result. This will help you stay on track as you're cold-calling prospects.
Sales pro Jeff Hoffman recommends always having a small close in mind for every point of contact you have with a prospect. For a cold call, that small close might simply be getting five more minutes of a prospect's time or a follow-up call for later in the week.
If your prospect isn't available to meet with you again until the next week or so, follow up with them within a day after your initial cold call. Go beyond the traditional \"Thanks for your time\" and offer some valuable information that could help them in the period between your conversation and their decision about your product.
You can even adjust your cold calling script to work with voicemail. Remember to address the prospect by name, introduce yourself, your company, and the need you're planning to address with them. Don't sell in the voicemail; provide just enough information to pique their interest.
This script and these tips will help you be a more effective cold caller. Just remember that it's all about providing value. By piquing their curiosity and solving for their needs, you'll build rapport and win prospects over, even if the conversation began \"cold.\"
Here are some numbers for you to think about: 293; 149; 49; 83, 10. These numbers represent the work of a single salesman over a 10-week period. During that time, he made 293 telephone calls, spoke to 149 people, got 49 first appointments, made 83 sales visits to new and existing customers and made 10 actual sales. These numbers are not profound; they simply reflect the fact that this particular sales person was determined to make one sale a week. On average, the salesman made 8.3 sales calls and logged one sale per week.
For cold calling, a lot of times you would encounter rejections. However, if you speak intelligently with the prospect, they will speak intelligently back to you. Remember, sales persons are professionals too. If you act professionally , other than being subservient or submissive, the prospective client will treat or perceived you as professional too.
Traditionally, cold calling definition is associated with B2C telemarketing in which a cold caller would phone a broad audience trying to sell something. It was interruptive, pushy, and had little success rates.
For example, have they recently won any industry awards or had a big promotion Use these events in your cold call to help build a stronger relationship with them. Remember that everyone likes to be flattered from time to time!
Fortunately, sales intelligence tools update their databases when a prospect leaves a company, gets promoted, etc. It means the likelihood of cold calling the right person and having a meaningful conversation is significantly higher when using them.
At Cognism we've noticed the change and adjusted our cold calling strategy. We're focusing on developing a global mobile phone coverage so that SDRs can connect with prospects even in hybrid work settings.
Here's how to nail the first 30 seconds of a cold call with Ryan Reisert going through a cold calling exercise that really works and you can do with your sales development representatives to understand what works, and what doesn't work in cold call openers. It also helps build confidence in your opening lines when cold calling.
The best cold calling process is built on finding individuality in selling. Sales reps can convey the messages in different ways, using different tones, and vocabulary. The structure is there to help with the flow of the conversation, not to pin down reps every word.
It can be hard to find a connection with remote prospects. Loads of companies are getting creative with their outreach to stay ahead of the curve. Here's a list of a few cold calling tools that help us keep the edge.
And the best cold calling tip Remember that the purpose of asking questions during a cold call is to discover if the prospect needs your solution. If not, simply walk away. You don't have to sell to everyone. Here's what Jonathon Ilett said:
Many B2B companies, like ours, use this sales method because of its many benefits. We don't want to rely on the buyer to do their research and decide if they are a good fit for our solution. And more importantly, cold calling ensures that we don't miss a perfect buyer!
The other thing you may have taken away from the film is the nature of the cold call. Now, this movie came out in 1992. And some of you may be thinking with the advent of digital, inbound marketing, that cold calling is dead.
No one likes receiving cold calls. No one really likes making cold calls. And while inbound marketing is a necessary part of your overall marketing strategy, it has not replaced cold calling as an effective, efficient way of reaching customers.
In the past cold calling has been used in the first step of the process. A sales person would get a list of untargeted names (usually purchased) and check off the names until they reached someone who was willing to meet with them in person or on the phone. This philosophy followed the theory of probability: for every 100 calls made, 1 person will agree to meet.
The salesperson can send the cold email to the decision maker and that person will either respond, forward or delete the email. If the cold lead is interested in learning more, they can provide a time to take the next step and meet, naturally being more receptive and more attentive to the meeting.
Inbound marketing tactics (and tools) do have a place with the cold calling process. After verifying the prospect email address with a tool like AnyMail finder, for example, after you have sent your cold email, use email software that can track if your prospect has opened the email or not.
Keep in mind that calling a prospect that has never heard of you or your brand is never successful. You can use other inbound strategies such as content sharing on social media, as well as targeted Facebook ads. This will make sure that they have heard of you when you make that call!
I had the opportunity to talk with Chris Beall, CEO of ConnectAndSell, about the benefits of cold calling during a recent webinar, How to Improve Cold Call Success Rates. What follows are some insights he shared, as well as cold calling techniques that top-performing sellers use to get meetings with prospects.
One of the biggest mistakes I see salespeople make when learning how to make cold calls is simply that they waste time. They make a cold call, it goes well or it goes poorly, then they either pat themselves on the back or they pout for a few minutes, they go drink some water, they go to the bathroom, they take a quick walk, and then they come back and make the next dial. In other words, salespeople can really take their sweet time in between cold dials.
Think about what can tell your prospects that demonstrates some real insight, and build that straight into your cold call script. Is there some data, statistic, or information you can share to quickly engage them
So, there you have it. Now you know exactly how to build a cold call script that actually works. I want to hear from you. Which of these tips will you implement in your own cold call script Be sure to share below in the comment section to get involved in the conversat