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#1 |
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SitePoint Articles
Join Date: Apr 2001
Posts: 0
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Discussion thread for Your First Cold Call
This is a dedicated thread for discussing the SitePoint article 'Your First Cold Call'
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#2 |
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SitePoint Community Guest
Posts: n/a
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And we shouldn't consider this 'phone spam' because .. why?
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#3 | |
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SitePoint Enthusiast
![]() Join Date: Jun 2003
Location: Illinois
Posts: 68
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Quote:
Cold calling is directed and investigative solicitation. And we should consider 'Anonymous' smart because ... why??? |
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#4 | |
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SitePoint Wizard
![]() ![]() ![]() ![]() ![]() ![]() Join Date: Apr 2002
Location: Brisbane QLD Australia
Posts: 1,690
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Quote:
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#5 |
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SitePoint Community Guest
Posts: n/a
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I think i's a great way to get the customers
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#6 |
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SitePoint Member
Join Date: Jul 2004
Location: Houston TX
Posts: 0
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I have never really considered cold calling as a viable option to generate serious leads. I have always assumed it would be nothing more than a waste of time.
But after reading your article I think I might give it a shot. |
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#7 |
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Texan at Heart
![]() ![]() ![]() ![]() ![]() ![]() Join Date: Sep 2003
Location: Castle Rock, CO
Posts: 2,475
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In the U.S. - we have that Do Not Call List & the California even takes it a step farther.
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#8 |
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SitePoint Guru
![]() ![]() ![]() ![]() ![]() Join Date: Mar 2001
Location: In a big, big house, with lotsa lotsa room
Posts: 983
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I could be wrong, but I haven't heard that the Do Not Call list applies to business to business, only business to consumer.
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#9 |
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SitePoint Enthusiast
![]() Join Date: Aug 2004
Location: Australia
Posts: 27
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Very interesting, In Australia we had to change phone number and register new one as silent, to reduce sales people calls.
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#10 |
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SitePoint Mentor
![]() Join Date: Aug 2003
Location: Southern California
Posts: 2,681
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Cold Calling is nothing new in the business world and it’s rarely looked down upon as a practice, although many people dislike receiving the calls (mind you many of those people work for companies who cold call). Most of the normal issues of spam or unsolicited offerings don't apply when you call a business because in truth you aren't calling randomly and it’s an expected part of the business. As the article explained, a good cold call involved some serious preparation, knowing all the details of their business and yours as well (stuttering on the phone because you forgot how many clients you currently have is not a good idea). Cold calling also involves getting good contact lists, some people make them, others buy them from agencies and a few even use the yellow pages. Cold calling is not just for making sales either, if you have a free directory or business portal it may be worth your time to call a few businesses who are not using your site and pitch it to them... offer them whatever free services you have and after they realize how much they like it you may have a new client or advertiser. I’ve never employed the method for my consulting but I have worked in a few offices where it was the lifeline of the company and even with a rejection rate of astronomical amounts we still did very well from the few acceptances we got.
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#11 |
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SitePoint Community Guest
Posts: n/a
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I cold call decision makers every day of the week to set appointments for sales people. In a b2b environment, I've yet to see a more effective way of developing new business.
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#12 |
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SitePoint Community Guest
Posts: n/a
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Would like to know a more effective way for developing new business
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#13 |
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SitePoint Guru
![]() ![]() ![]() ![]() ![]() Join Date: Mar 2001
Location: In a big, big house, with lotsa lotsa room
Posts: 983
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There are many ways to develop new business. So many, in fact, that you can run off half-cocked attempting too many and having nothing be very effective. The best piece of advice I received is to pick three marketing activites like so:
Cold-calling can be an effective way to get clients immediately - if done right. If not, it can be a huge waste of time. I wrote an article about it, not because I'm an expert, but I do know a few experts, so I quoted one of their thoughts on the matter. The most effective way most of us get business is through word-of-mouth. But there's more to this than telling everyone you know what you do and having the business roll in. That's because it's basically passive and depends on the good-will of others. A more effective way is to intentionally generate word-of-mouth referrals. One way to do that is by joining a referral network group. This is a group of people whose sole purpose is to pass quality leads to one another. BNI and Yellow-Tie are examples of such groups. Also, check out The World's Best Known Marketing Secret: Building Your Business With Word-Of-Mouth Marketing, by Ivan Misner. Keep in mind that, while cold-calling is essentially a "hunter" method of finding business, word-of-mouth is a "farming" method - you plant seeds, build relationships, and eventually you "reap" new business. The worst thing you can do is attend neworking events expecting to immediately land sales appointments. Part of the "planting" process involves helping others build their business by giving referrals to them. Hope that answers your question. |
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#14 | |
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Webwellwisher
![]() ![]() ![]() ![]() ![]() ![]() Join Date: Jul 2004
Location: Orlando, Florida
Posts: 1,175
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Quote:
A good example is any type of prospecting involving the media: magazines, newspapers, television, anything like that. Most of those folks are perpetually on extremely tight deadlines and operating under heavy stress.. cold calling those people is simply not a good idea. A number of other professions are similar. True story: This has been a busy week for me, in some ways a comedy of errors. I'm juggling a half dozen deadlines right now. Yesterday afternoon, as I'm prepping for an afternoon client call, I get a cold call from someone selling This Great New Proprietary Software That Will Get My Website In The Top 10 In All Search Engine Listings! And within thirty seconds of opening the call, he says, "And, just looking at your website.. (tapping at keyboard).. it says.. (tap-tap-tap).. you do Internet marketing. Oh. Well. Uh. Can I still interest you?" I'd call that a good example of what not to do. ![]() |
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#15 |
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SitePoint Guru
![]() ![]() ![]() ![]() ![]() Join Date: Mar 2001
Location: In a big, big house, with lotsa lotsa room
Posts: 983
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You're right... when you cold-call, the deck is stacked against you from the start. You're interrupting someone to offer them something that there's a 90+ percent chance they're not interested in. That's why I believe there are two critical components to cold-calling:
Having been as much a "victim" of cold-calling as the next guy, I honestly don't mind it when the caller accepts that I'm not interested. What I do resent is having to tell them "No" two or more times, or getting hit with the "Assumptive close" (which doesn't give you the opportunity to even say "No"). The goal of most cold-call attempts involves manipulating people to do what you want (e.g., buy your product, agree to an appointment). But if you change the objective to simply finding out if the other person wants your product or not, the results can be much more effective. The trick is to state your offer in a clear and concise manner, then ask a simple yes-or-no question, such as, "Is that something you want?" I agree that different industries are less condusive to cold-calling. In that case a cold letter campaign might be more effective. All in all, I believe that it's possible to generate 100% of your business through word-of-mouth, which most people would agree is more desirable. Until you reach that point (which I have not), then cold-calling and cold letters can be another means to get new business. |
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#16 |
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SitePoint Evangelist
![]() ![]() ![]() ![]() Join Date: Oct 2004
Location: Norway
Posts: 400
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I second John's post. Yes, you can and should use some techniques, but you should not be pushy (sell, not push). It will only end up pushing you out of the game because of the pain you inflict on yourself. I saw this with a partner of mine. He pushed and ended up not doing cold calling anymore.
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#17 |
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SitePoint Guru
![]() ![]() ![]() ![]() ![]() Join Date: Jul 2003
Location: Newcastle upon Tyne
Posts: 932
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I've been thinking about asking directors of local new media businesses to business lunch/breakfast - but I don't know how to structure the question without it sounding odd or silly.
On fox news (yes, I know) a security consultant got to the top by ignoring advertising, etc and went straight to the top of each security company and non-security company and had business lunches/breakfasts to see how he could help each company. How would you ask a director of a company to discuss how you could help over lunch? |
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#18 | |
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SitePoint Member
Join Date: Jul 2002
Location: Texas
Posts: 9
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#19 |
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SitePoint Zealot
![]() ![]() Join Date: May 2004
Posts: 157
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Regular Cold Calling can mean the difference between driving a Ford Pinto and a Porsche.....
Our ENTIRE business is done via cold calling. nough said. |
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#20 |
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SitePoint Member
Join Date: Dec 2005
Posts: 0
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This is all great and practical advice. Does anyone know of any good simple systems to track cold calls? (ie that would have fields like company name, email address, contact name, emailed?, phoned?, meeting arranged.....etc.).
If not then I'll put one together myself but just didn't want to re-invent the wheel if there is one already out there. Richard |
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#21 | |
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perfect = good enough
![]() ![]() ![]() ![]() ![]() ![]() Join Date: Jun 2004
Location: -Netherlands-
Posts: 1,424
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#22 |
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SitePoint Community Guest
Posts: n/a
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you can copy paste the telephone number into MS Word, change the color if you called, and search the whole document for the telephone number. that is the simplest way i think.
cold calls give me headache, i would rather go KFC to sale chickens.... |
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#23 |
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Go ahead! Make my day!
![]() ![]() ![]() ![]() ![]() ![]() Join Date: Jun 2002
Location: Canada
Posts: 2,034
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Use Maximizer. Get your prospects from www.salesgenie.com
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#24 |
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SitePoint Community Guest
Posts: n/a
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I believe that if you are providing a service they may or may not know they need yet. It is not a cold call! It�s just a simple friendly introduction.
When I make these calls, (and I have made many) I know at the end of the day my services are needed. The reason cold calling gets a bad rap is many people do it with out their heart in it. To be an effective cold caller you must be friendly, outgoing, assertive, and helpful. There are too many people in the game now that think you can just read a script (Hating it the whole time) and be effective. The people on the other end can and will pick up on this. In "Cold Calling" you must always bring you�re "A" game. You also must believe in your self and your ability to help. They will then listen. |
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#25 |
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SitePoint Enthusiast
![]() Join Date: Dec 2008
Posts: 92
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Cold calling is indeed effective. However it is best left to those that are good at it. If you can't sell, you'll hate it and won't get much out of it.
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