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Ask HN: Do you cold call?

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Re: Ask HN: Do you cold call?

#12
Advice: don't cold call hoping to sell. Unlike inbound methods, you have no idea where they are in the buying cycle. It could be years before you close, so don't bother trying.

Instead call to get information. Most people want to help. Ask them questions about things relevant to your service to qualify them. Ask them if they want information about your service and collect an email address. Add them to a nurture campaign so if they ever are looking to buy you're at the top of their list.

I got a marketing assistant to make these type of calls for a couple of weeks with a 60% success rate of getting an email address. In Australia email permission is opt in. I don't know what the conversion rate of the nurture campaign ended up being because I left the company.

Re: Ask HN: Do you cold call?

#13
I get cold-called all the time. Here are the mistakes people make:

1. They waste my time (which is also a waste of their time).

That is, they are selling something that I don't need, generally because they don't know anything about me. If you're cold calling me, you should have read through our company's web site already. It's only fifteen pages or so; you can skip the press releases. You don't know what business I'm in? Why should I bother with you?

2. They are wasting my time.

Frequently I get called by salespeople who don't know what they're selling, except the name of it, a two sentence description that they memorized but don't understand, and they want to set up a meeting. You have a software product? What OS does it run on? Does it have a web interface? You're selling consulting services but you can't describe them because your answer for everything is "we can find people to do that, they are experts!"?

Go away.

3. They are wasting my time.

I already talked to you yesterday, last week, last month or last quarter. We discussed your product or service and it was clear from that phone call that we would never be a good fit for each other. (Your product only runs on Windows. Your service is Exchange consulting. You want to help process our customers' confidential data...)

Re: Ask HN: Do you cold call?

#15
In my young years I did telemarketing. It's tough but, one of the best learning experience of my life.

I will repeat this in the end. But learn who you need to talk to. (Don't accept a no from someone who cant say yes) a lot of your time will be spend with finding the right person.

Here is my advice.

1. Write down a sales pitch with some alternatives depending on what the answer is. It should be structured something like this.

Step 1 Who you are, who you want to talk to.

Once you reach the person you need to talk to:

Step 2 Who you are, why you are calling, what your product do, what your offer to them is (always have some kind of offer like 20% off or something like that)

Step 3 Answer questions, write down customer skepticism and learn from it. (you will become better and better at answering these questions and even able to forsee patterns)

Step 4 Close the deal, tell exactly what is going to happen next. Follow up with what you promised.

2. Practice this again and again.

3. Make sure your goal is to close something. (either a meeting, sales or sending more info)

4. Create a sales funnel where you places your customers depending on how close they are to a sale.

5. Make sure you understand who you need to talk to (never accept a no from a person who cant say yes)

Rinse and repeat.

Keep in mind cold calling is a numbers game.

Re: Ask HN: Do you cold call?

#16
post #7

The modern cold call is a cold email. Although I've done straight cold calls and had a small team in the Philippines, a lot of businesses do not like calls (esp. Restaurants and service businesses). There is a great book on cold emails called Predictable Revenue[0]. link: http://www.amazon.com/Predictable-Revenue-Business-Practices... Edited now that I am on computer to add more detail: Some of the key points in the…

Did you mean Predictable Revenue? Just checking.

Re: Ask HN: Do you cold call?

#17

In my young years I did telemarketing. It's tough but, one of the best learning experience of my life. I will repeat this in the end. But learn who you need to talk to. (Don't accept a no from someone who cant say yes) a lot of your time will be spend with finding the right person. Here is my advice. 1. Write down a sales pitch with some alternatives depending on what the answer is. It should be structured something…

Keep in mind cold calling is a numbers game.

And the more people we have playing it, the more those of us trying to accomplish something outside of sales have to deal with inane pitches by people who refuse to accept "no" as an answer unless they hear it repeatedly while wasting our time.

Please don't encourage this behavior. It's good that you feel you got something out of that experience, but if no one solicited your call and you're calling anyway, you've joined a deservedly-loathed lower class of humanity.

Re: Ask HN: Do you cold call?

#18
It's more "cold email" for us, but yes to some extent. I think some of the keys are to be:

1. brief

2. relevant

3. professional

I think in terms of the cold email pitches I get, and think of which ones I'm willing to consider and which ones I don't. Given that, my thinking is something like this:

Regarding 1 - If you send me a rambling 6,000 word manuscript, I'm not reading it, and I probably will hit "delete" in after about 4 seconds of skimming unless something in there really catches my eye.

Regarding 2 - this may be the most important one. If you spam me with some random crap that has no connection to what I'm doing, and/or anything I need, I'm hitting "delete" pretty much from the get-go. And if you want to sell me something, you need to talk about my needs, not your product or service. And you should have done your research ahead of time. If it's apparent to me that I'm getting something that's the result of a mail-merge run with nothing to hint that you know anything what my company does, where we are, how we operate, etc., guess what? "Delete".

Regarding 3 - If you get the name of the company wrong, have shitty grammar and / or spelling, or otherwise send me something that is barely comprehensible, it's going in the bin in the blink of an eye. And being a non-native English speaker isn't going to buy you much of an exception. I'm in America, if you want to do business with me, learn to speak English. Likewise if you're emailing somebody in Spain... learn Spanish. And get somebody to proof read your message that's fluent. I'll tolerate a small amount of sloppiness in terms of grammar and what-have you, but you have to at least make an effort.

So, my theory is... do some research up front, find out as much about the customer as you can up-front. Write something in clear English (or the appropriate language) using proper spelling and grammar. Keep it fairly short, and focus on the customer's needs, situations and problems. But I don't mean to assume they have a certain problem. I mean, phrase things in terms of "We've noticed that companies like yours often have problems like X... We are specialists in X, and I'd like a few moments to find out more about your company and whether or not you are really dealing with X". Something based on the "Core Story" approach put out by Chet Holmes would also be received well (by me anyway) as long as it isn't too long, and is backed up with credible data, etc.

Do that, and I think you have at least a shot. In my case, if you email me like that, I may simply not need whatever it is you're selling... but at least I'll read your email, consider it, and probably even reply. If you send crap, it's going straight to the trash can, often mostly (or completely) unread.

Do this... go through a bunch of the spam you get, and figure out which emails you receive well, and which ones evoke the "delete after four seconds" response. Model your own communications more after the first batch, and don't do whatever the people in the second batch are doing.

Re: Ask HN: Do you cold call?

#19
"Potential customers" is a key part of your phrase. If you have someone's contact information and you have some reason to believe they'll be interested in your service, that's a lead.

Without a referral or lead, if you're cold calling, you're calling someone who not only hasn't inquired about your service, but whom you have no reason to believe wants to hear from you. In my opinion, you have no place calling that person. If you choose to do so anyway, it's your responsibility to waste as little of their time as possible in as cordial a manner as you can. Hard sells are absolutely awful.

I only get upset with cold callers that don't quit the first time I say no. No matter how qualified you believe a lead is or how it's been validated/verified, if the person on the other end says no, don't push it. Maybe they'll just keep saying no, but maybe they'll remember you as the pushy jerk whose product/service they'll now never consider.

Re: Ask HN: Do you cold call?

#20
post #7

The modern cold call is a cold email. Although I've done straight cold calls and had a small team in the Philippines, a lot of businesses do not like calls (esp. Restaurants and service businesses). There is a great book on cold emails called Predictable Revenue[0]. link: http://www.amazon.com/Predictable-Revenue-Business-Practices... Edited now that I am on computer to add more detail: Some of the key points in the…

Do you mean predictable revenue, the book about salesforce? I can't find predictive revenue on Amazon.
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