| The
argument against cold calling states that,
“The effectiveness of cold calling went by the
wayside as our society moved out of the
Industrial Age and into the Information
Age,...” It also suggests, that by using
today’s technological advances, you can
eliminate the dreaded cold calling systems and
reduce the time your staff spends on an
antiquated prospecting approach. Just a few
short years ago I used to teach this drivel as
well, telling participants in my workshops that
cold calling was unprofessional and a waste of
time. I’m aware that cold calling is not for
every sales team or every product or service,
but for certain industries, cold calling is the
best approach to finding prospects willing and
able to purchase from your staff and is an
extremely effective prospecting tool for the
same reason that the website states that “cold
calling is dead.” Technology!
Today
there are dozens of devices and techniques used
by gatekeepers to screen out sales
representatives. Even the smallest firms employ
answering machines and voice mail. To make
appointments with decision-makers today in many
businesses or professional organizations,
requires a creative approach that will bypass
the screening systems and give your sales
representatives an edge in setting up meetings.
Cold calling can be that creative approach for
many business-to-business selling groups, if you
know how to employ this proven prospecting tool
effectively.
First
and foremost, cold calling should be used to
find out who the true decision-maker is in a
company and to also obtain a gatekeeper’s
name. Yes, your sales staff can do this over the
telephone, but the chance of being screened out,
is at an all time high. By being inside the
company, your sales professional can qualify the
organization. Qualifying a company on the
telephone is impossible today. The minute your
staff starts asking qualifying questions, the
roadblocks immediately go up. By setting an
appointment and then making a wasted trip to a
company, that, for a variety of reasons, cannot
use what you have to sell, your staff may spend
more time than if they had cold called to assess
a business in the first place. If your staff
members do nothing more on a cold call than find
the name of the decision-maker, qualify the
prospect, and obtain a gatekeeper’s name, they
have succeeded in their cold calling activity.
When
cold calling, if the decision-maker is in, your
representative should ask for two, no more than
three minutes of the decision-maker’s time to
set up an appointment for a short presentation.
From my experience in setting up telemarketing
centers across the country, I’ve found that
setting one blind appointment on the telephone,
takes a little over an hour for a seasoned
telemarketer of representative. Setting one
qualified appointment cold calling (depending on
the industry) can take, on average, from one to
three hours. However, my research also shows
that appointments set in person, rather than on
the telephone, have a much higher probability of
being successful, due to the rapport factor that
an initial meeting can generate.
If
you’ve been reading from the beginning of this
manual, you already know my feelings about
selling your products or services while cold
calling (Myth 24). If the decision-maker is not
available, the second objective for your staff
member is to obtain the name of the gatekeeper
to use when calling back for an appointment.
Dropping a gatekeeper’s name is a vital tool
in overcoming electronic screening devices and
getting to the decision-maker. When cold
calling, your representative may also be able to
obtain information about competitive vendors and
determine if the opportunity exists to replace
them.
One
of the major complaints about cold calling is
that it is time consuming. This is true if the
technique is the only prospecting tool that your
sales team uses to attract prospects. However,
in combination with a drive by assessment plan,
softening letters, emails, faxes and flyers,
telesales calls, tip clubs, association
activities and trade shows, cold calling can be
a key element in attracting new business, by
breaking down the barriers that today’s
screening technology creates for your sales team
members.
The
average sales representative makes less than
five sales presentations weekly. With a
prospecting system like the one outlined above,
custom-tailored to your organization, you can
include cold calling as a key element in the
process and double or even triple the number of
presentations each of your sales team members
conduct weekly. Custom-tailoring a prospecting
system for your organization with cold calling
and telesales scripts and a series of unique
prospecting activities is easy, if you use The $elling
Edge®, Inc.’s advisory services or our
telephone coaching programs for sales managers.
You can check both services out at: http://www.TheSellingEdge.com/personalCoaching.htm. |
|
Virden
Thornton is the founder and President of The $elling
Edge®, Inc. an Ohio consulting firm
specializing in sales and sales management
training, personal coaching, advisory services
and publishing. Clients have included Sears
Optical, Eastman Kodak, IBM, Service Linen
Supply, Bank One, Jefferson Wells International,
and Wal-Mart to name a few. Virden is the author
of the “best selling” Building & Closing
the Sale, Prospecting: The Key To Sales Success
and Close That Sale, a video/audio tape series
published by Crisp Publications a division of
Thompson Learning. He has also authored a client
acclaimed Self-Directed Learning series of
sales, coaching, telemarketing, and personal
productivity manuals. To obtain a substantial
discount on two of Virden's latest books, 101
Sales Myths or Organizing For Sales Success, go
to: http://www.TheSellingEdge.com/
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