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March 2, 2015 by Brett Leave a Comment

5 Reasons Why Cold Calling Is Not Dead (and Never Will Be)

I love social media more than the average sales professional. I love to blog and tweet and Facebook and connect on LinkedIn. I even have a secret affinity to Pinterest and Instagram – not typical for insurance sales guys.

But having been involved in social media for this long simply confirms my belief that cold calling is not dead.

If you want to make hay in higher stakes selling, then you must pick up the phone and make calls. Just like the most beautiful cheerleader wasn’t running around searching for dates, your most coveted future client isn’t trolling LinkedIn to find a service provider.

That client already has someone who that client assumes is doing a good job. Further, fewer individuals are on LinkedIn and Twitter than we imagine, especially when it comes to key contacts in targeted firms. These contacts didn’t rise in the rinks because they were spending all their time on social media.

Cold Calling, Defined

Much current sales literature might malign cold calling by redefining cold calling as blindly taking a list of prospects and powering through dial after dial.

That is a version of cold calling.

These days, most of us can do a little research and relationship-building online or through other venues. I would include making calls based on basic research as cold calling. Unless you’ve gained specific permission to call, then it’s a call that is unexpected.

At the very least, you should be clear on the type of firm or client you can best serve before you start dialing.

Current social selling proponents might call well-researched calling ‘warm calling’, but when most new sale pros have any leeway NOT to make calls, even well-researched calls, they will not, citing that ‘it doesn’t work’ or ‘nobody takes calls’ or some other excuse.

A cold call for our purposes here: Any call you make during a specified prospecting session to a company or individual who is not expecting a call from you, for the purpose of building a business relationship. 

Why Cold Calling Is Not Dead

There are a bunch of reasons why cold calling is not dead. Even when you hear your favorite online or sales trainer gurus tell you that it’s an ineffective method of prospecting, please do not believe that person. Find that trainer or online resource (I suggest Anthony Iannarino or Paul Castain as places to start) who are active on social and blog regularly, while still encouraging using prospecting calls as part of your relationship-opening arsenal.

5 Reasons Why Cold Calling Isn’t Dead

Your key client isn’t looking for you

I touched on this above, but the client you want to work with – that whale, isn’t always looking for a new provider of goods and services. You might need to start adding value. But before you do, that client needs to know you exist. Making a telephone call is a very effective way of doing so.

Your key client might need you, but doesn’t know where to find you

I’ve run into this scenario a few times. I call a prospect from a general, but targeted list, and gotten the response, “You sell insurance specifically to nonprofits? Oh good. We need you. We’ve had a hard time finding an insurance agent that gets us.”  If you niche out well, then your future clients desperately need you, but they don’t know where you are.

Your key client isn’t actually on Twitter or LinkedIn

Again, we touched on this above. My whole C-Suite at my current employer’s office is not active on LinkedIn, Twitter, or Facebook. You would never get in with my firm as a service provider by trolling social media. You might gain a little information about us, but you’d never directly connect to a decision-maker.

Cold calling requires clarity about your value proposition

Cold calling requires that you lead with value, not relationship. The person on the other end of the line does not know, like, or trust you yet, and one of the only ways to gain traction is by a quick hit of value. Consequently, making effective cold calls requires that you mine the value that you create for others. This makes cold calling relevant because it requires that you define your own relevance to your prospects. As a by-product, this practice will make your social media efforts even more compelling.

Cold calling requires that you gain commitments

This reason might sound more like a skill you have to acquire vs. a reason why cold calling isn’t dead. In truth, all sales is a practice in gaining commitments.  All sales requires some measure of boldness.  Cold calling is an effective way of learning how to ask for the next commitment from your prospective client and why they should commit to your process in the first place. Social selling often is an endless circle of likes, reposts, and favorites, never requiring someone to ask for a commitment, thus, never resulting in sales.

Bonus Reason: Cold calling allows you to tell people about your content and social marketing efforts

Your social efforts could, possibly, make your cold calling more relevant by giving you a very tiny, simple commitment to gain from your prospect. Use the call to connect on LinkedIn, Twitter, or to point the individual to your stellar blog content.

Do You Still Make Prospecting Calls?

Do you still find success making calls? Do you have a regular weekly or daily practice of picking up the phone and calling individuals who aren’t expecting your call?

Let me know in the comments what works for you – or if you’ve punted the practice, and why

Filed Under: Marketing Experiments, Mindset Experiments, Sales Experiments, Social Media Experiments Tagged With: cold calling, cold calling is not dead, lead generation, prospecting

February 26, 2015 by Brett Leave a Comment

3 General Improvements All Sales Professionals Should Make

All salespeople should make improvements in three general areas:

  1. Efficiency: All salespeople need to be more quick and dirty with administrative tasks and other tasks or projects that should be delegated. We do not need to be micromanagers of paperwork. We need to move that stuff quickly and efficiently.
  2. Effectiveness: All salespeople need to improve in effectiveness. This means we need to identify weak areas and areas of shoddy discipline and improve. We must prospect and build our pipelines and be more effective in every skill that goes into doing that. We need to be more effective at presenting, negotiating, and solving problems. We must become better and more surgical in the key income producing activities.
  3. Enjoyment: All salespeople need to learn to have fun and enjoy what they do. If we’re intentional, sales can become tied into our callings as individuals. That sounds crazy, but it’s true. If you find where your unique personality, skills, and passions can intersect with your sales work, then you might just find more pleasure out of what you do. The key is learning how to bring great value to others while being who you are.  and providing solutions to your clients.

These are general areas for sales improvement. But all three are vital for a sustainable, growing sales career.

If you aren’t enjoying at least part of what you do, you’ll be miserable.

If you aren’t being effective at what you do, you’ll constantly struggle financially and emotionally.

If you aren’t efficient, you’ll struggle physically and mentally. You’ll run out of steam.

The question, then, is how. How can you be efficient, be effective, and enjoy what you do?

You tell me. How can you improve in these three areas?

Filed Under: Mindset Experiments, Productivity Experiments, Sales Experiments Tagged With: effectiveness, efficiency, enjoyment, improvements

February 20, 2015 by Brett Leave a Comment

Making Their Goals, Your Goals

Nothing will work every time in sales, not even winning on price.

One way to strengthen your chances of success is to become known, liked, and trusted by your future clients.

One way to become known, liked, and trusted by your future clients is to make their goals, your goals.

[Tweet “One way to become known, liked, and trusted by your future clients is to make their goals, your goals.”]

In other words, understand the way your product or service can help your client achieve their business, personal, or other goals. Where do you and your work dovetail with their journey?

Goals can be complicated, mind you. While you might assume the goal for your client is revenue, it could actually be reputation. Or the goal could be a smooth and easy experience with a certain product or service.

Goals aren’t easy to uncover, but make it your aim to do so. Ask good questions. Be bold. You’ll become more of a partner than a vendor. And you’ll enjoy your sales job much more than you ever thought possible.

Filed Under: Mindset Experiments, Sales Experiments Tagged With: sales, trusted advisor

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Hello!

Brett the sales experimenter and the challenge accepter Brett - Sales and Marketing Experimenter. I'm a reluctant sales professional. I didn't start out my career in sales and marketing, but I've grown to enjoy it. Here I discuss marketing, sales, productivity, and mindset experiments that will hopefully yield greater results and a more deeply satisfying sales career.

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