Lately I've been both reading and hearing that Cold
Calling, as a way to set appointments, is dead.
It's "old school", the techniques are outdated, and it
just plain doesn't work. About a week ago I had
the pleasure of working with a sales team of young,
hip sellers in the advertising industry (who sell a
really cool product!) and after we spent two days
together one of the managers, a very sharp young
man, commented that he felt that the time we spent
going over how to cold call should have been cut by 3
or so hours, as cold calling "simply doesn't work" in
his industry. He said that the people they're trying to
get in touch with are incredibly busy and don't answer
their phones. (sound familiar?) He went on to say that
the people they're trying to reach have voice mail
boxes that are always full. What he neglected to take
into account was that in the single hour his team
spent on the phones, applying the techniques they
were just taught the day before, several team
members set appointments and virtually every rep left
several voice mails. So, before you start celebrating in
Munchkinland and singing, "Ding dong, the cold
calling witch is dead," you might want to consider that
while I speak about, and train people on, many
different subjects, cold calling continues to be the one
most requested by clients. The reason is simple -
cold calling over the telephone, when done right,
continues to be the method of filling your pipeline with
appointments that is most time and cost effective.
Anyone who knows me, or has been trained by me,
knows that I wish it wasn't true. While most people
have a strong dislike of it, I hate cold calling. I hate it
more than you do. I hate it more than you and
everyone on your sales team hates it. I hate it more
than you, everyone on your sales team, and everyone
you know hates it. I've spent significant amounts of
time trying to figure out how to avoid it completely and
eventually I'll write a book titled, "How to Avoid Cold
Calling," but I have yet to find a way to avoid it entirely.
If part of your job is developing new business then
cold calling should, at the very least, be part of your
appointment getting mix.
Are there other ways to get appointments that work, or
at least turn a cold call into a warm call? There sure
are, thank goodness! Here are a few that can be
helpful.
Referrals are probably my very favorite way to get
appointments. Referrals, when properly handled,
immediately turn a cold call into a very warm one. Ask
EVERYONE for referrals. I'm writing this on a plane
taking me home from three days in San Francisco.
I've already spoken with the gentleman sitting right
next to me as well as the woman across the aisle
from me asking them what they do for a living. Of
course, they both asked me too. After answering them
by clearly explaining what I do and the type of people I
look to meet I asked both the question, "Who do you
know that I should be speaking with?" Both asked for
my card and one gave me a referral on the spot. Do I
always get referrals every time I ask? Nope. But I
always ask because immediately after asking for, and
receiving, a referral I then ask if the giver will do me
a "little favor." I ask if they'd be willing to call or e-mail
the person they referred me to letting them know to
expect my call and that they (the referrer) would
appreciate it if they (the prospect) would accept my
call. Does everyone who gives me a referral contact
the referral for me? Nope. But I always ask and they
often will. This becomes an almost certain
appointment without the likely rejection of a cold call!
Networking continues to be another of my favorite
ways to develop leads that can turn into appointments
and again, if done properly, your cold call will become
warm. I like it because it's social often results in
referrals. Handle these referrals the same way you do
any other by asking the giver to contact the person
you're being referred to. Be cautious to invest your
networking time wisely. You can spend all day every
day attending networking meetings and functions.
Look for networking groups with a professional
facilitator and one that actually results in referrals. Too
many groups are run by, for example, an insurance
agent who also runs a networking group, or a
chiropractor or a printer or any one of a hundred of
different professions who run a networking group so
that THEY can get more leads. A professional
facilitator will help YOU get leads. If you're not getting
leads from the groups you belong to find different
groups. (If you need help with tips on how to increase
the effectiveness of your networking check out my
newsletter archives for an article on the subject)
Social networking sites like LinkedIn and pay-
for-lead
networking sites like Salesconx can also be very useful in getting referrals and
appointments. I'll admit I'm not an expert in this area
yet but am learning more about them each day and
have seen some success. (If you'd like to be
connected on LinkedIn either send me an invite or e-
mail me at jeff@jgsalespro.com and I'll be glad to
invite you!)
Giving speeches is also high on my list of ways to
develop leads that are warm. I'm a member of the
National Speaker's Association and they suggest that
of every ten people in your audience when giving a
speech, at least one will have an interest in what you
have to offer. The trick to giving speeches to develop
leads is that the speech can't be a commercial for
your services. However, when you speak on
something related to your business you are viewed
as an expert and people will approach you. There are
MANY groups and organizations that are always on
the lookout for speakers for their meetings. Call and
offer your services for free. I get paid well for giving
keynote speeches and training sessions but I'll
speak with almost any group for 30 or 45 minutes for
free, or a small honorarium, in order to get in front of
someone who might be able to use my services.
Even if nobody in the audience needs what you offer
you can bet they know people they can refer you to.
E-mail is often used successfully to set appointments
but, in my experience, it's not as successful as doing
so over the phone. The reason should be obvious,
over the phone when someone tells you why they
won't meet with you; you have the opportunity to help
them change their mind. In e-mail, it's much more
difficult and the attempt to overcome an objection
like, "I'm not interested," usually ends up sounding
like a plea or a battle. Still, e-mail can work and
should be a part of your appointment setting mix.
Same for instant messaging. In both e-mail and IM
the key is going to be in your message. You need to
get to the point quickly (as is true over the phone) and
be sure to include a request for the appointment.
Without a call to action your message is simply a poor
attempt at marketing.
These aren't the only ways to avoid cold calling but
they're a few that have worked for me and many
others. Develop a strategy that you think will work for
you. Apply it and test it. If it's working, keep on doing it.
If not, adjust and try again. It's my pleasure to help you
so feel free to e-mail or call if you're having trouble
getting enough appointments or developing more
business in this challenging economy.
Make It Happen,
Jeff
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