What can you do to make cold calls turn warm?
This is a popular question in the minds of many business and charity professionals. No one likes calling an unknown person - its no fun. Why? Because the rejection level for you or your team is very high. Cold calling is one of the toughest endeavors to do, but we need and want the new sales therefore we make the calls.
So knowing money is important to business and charity sustainability, let's look at the process of cold calling someone.
1 - Create a list or buy a list
2 - Create a script for the outbound calls
3 - Train yourself and/or your team on best practices on making the calls
4 - Start making calls and report results
5 - Follow up with your prospects as needed
Okay - so that sounds pretty easy - right?
Well, here is the bad news - there are a lot of landmines in that easy to read 5 step process. Let's look closer at each step...
1 - Is this list good for your business or charity? Does it fit your niche? So what is a good list? A good list has a few important elements, such as the demographics, dollar value, and target market you want. Demographics are key to understanding were your prospect is located, their background, and what they may want from you. Dollar Value is determining if a prospect can afford your goods or service. Lastly, the target market determines why you are calling them and what product or service is being suggested during the call.
2 - Okay, we left off with the target market sharing the 'why and what' and here is how it relates to the script. You need specialized scripts for each target market with connecting statements to point the conversation to other scripts if necessary. Make certain you script is clear, concise, and to the point - don't waste a prospects time because they maybe busy but interested and long winded scripts generally don't end well. Also, get their attention with in the first 3 sentences (we are not saying skip the 'Hi, my name is ____' part. Share how you and your product or service is a real value to them and why they should stop whatever they are doing and schedule an appointment to meet with you. As a final thought prepare a rebuttal script as well, this helps you or your team to be prepared for when a prospect gives a reason for them not to say YES.
3 - This is the most important step! Read this twice please. Have you or your team practice the outbound calls with each other. Practice how to handle a rude or disinterested prospect. Review how to begin and end a call. Review how 'not' to end a call and what language, vocal inflection, and overall attitude is not appropriate for calling. (remember prospects do not want to buy from anger or monotone people) Practice the necessary steps to handling rebuttals, closing the deal, and sharing your knowledge about the product or service. (when sharing this knowledge make it relevant and valuable to them)
4 - So your team or you have started making outbound calls. Make It Fun! Have awards for meeting goals, supply refreshments, highlight the successes to the whole team, if negative feedback comes in - accept it privately with a positive mental attitude - then inspire yourself or your team member on why this is important, and finally make the reporting process easy to handle. A sales team is not strong in administrative functions - so don't make it difficult for them. You want a results driven team...right? Or do you want the bean counters?
5 - Follow up is critical! Plan on your prospect being busy and forgets the appointment. Make a friendly reminder call about the meeting and start building a friendly business relationship. Plan on reaching back out to prospects with emails (if promised), direct mailers (if promised), or a return call when are ready and able to talk. Professional sales gurus know it takes 7 touches to make the sale - so follow up at least 6 more times after the initial phone call.
If you need more help, Bounce Marketing is willing to do a workshop with you or your team on this subject. Call us at 386-734-9600 or check us out on Facebook ( www.facebook.com/bouncemarketing )
Thanks for reading this and have a great day!