If you feel like you have room to improve when making calls, you are not alone. That's why we dug into the research and found three ways to help you get more conversations and book more meetings within 48 hours.
But before we jump in, let's take a look at some numbers that highlight the importance of cold calling.
While the average success rate for cold calls is around 2%, businesses continue to see some of their larger deals coming from this channel. According to RAIN Group,
This is great news for all SDRs looking to make an impact in their org.
Now let's dive in. Here are 3 tips for mastering the phones and booking more meetings.
1. Prepare, Prepare, Prepare
We’ve seen that confidence goes up the more you are prepared. Being prepared starts with knowing your prospect, what value you bring to them and what you will say at the top of the call.
Gong analyzed over 90,000 calls and found that one of the most effective opening lines is “how have you been?” Focus on rehearsing your call openers - this is something that you can control.
It’s also essential to prepare common objection handling responses. Most sales objections fall into a few common categories. Learn them, practice them and be ready to handle them when they come up.
Practice with your manager, your teammates, and by yourself. Listen to call records and be intentional while you practice. This is a sure way to get ready for when that executive picks up the phone.
2. Work on your communication skills
Great communicators tend to have an advantage in sales. Luckily for you, we’ve seen two areas that you can work on that will change your calls overnight.
Practice asking open-ended questions:
Let’s start by focusing on mastering the art of asking open-ended questions. These questions move away from a Yes or No answer while nudging the prospect to open up and share more details as we engage them on the call.
Open-ended questions usually start with ‘who,’ ‘what,’ ‘where,’ ‘when,’ and ‘how.’ Improving your question-asking skills also benefits you because the person asking the questions is generally the one controlling the conversation.
Practice active listening:
After you’ve mastered asking the right questions, you can now focus on active listening.
Active listening is not about being silent and waiting to respond. It’s about being attentive to what the prospect is saying while trying to understand the emotions behind the words. It’s a form of listening that involves asking clarifying questions.
Key ways to improve include; listening with the intent to understand; avoiding the temptation to interrupt; and repeating and paraphrasing what you heard to move the conversation forward.
3. Call at the correct time
It’ll be pretty hard to work on improving your calls if you aren’t having any conversations. Calling at the correct day/time is one of the best ways to increase your connection rate.
According to Yesware’s research on over 25,000 sales calls, weekday afternoons are the best time to make cold calls. The research shows that most calls that last over 5 minutes occur between 3:00-5:00 pm on Tuesdays or Thursdays.
There’s a time and day that works for your prospect. Look at the data in your sales engagement platform and work to iterate from there.
We hope these three tips help you book more meetings. Take 15 mins today to work on these three tips. Start here and keep testing. Keep improving!
Found this helpful? Hundreds of companies turn to Tenbound to discuss SDR/BDR strategies and best practices. Learn more here.
When SDR teams use gifting as an outreach strategy, there are three typical outcomes:
High-impact gifts get posted on LinkedIn and are cheered on by teams that wish they thought of the idea. They start sales conversations and carry the relationship through the buyer’s journey.
Negative-impact gifts do the opposite. They are perceived as bribery, attention-begging, and drive prospects to unsubscribe.
They sound like; “We’re offering you a gift in return for your time.”
And translate to; “We have no value for you, so we hope this gift compensates.”
[caption id="attachment_121335" align="aligncenter" width="422"] High-Impact Gift Example[/caption]So what’s the difference between high-impact gifting and negative-impact gifting?
The Golden Rule of Gift Outreach: Gifts get positive responses when they are personalized AND tie back to the relevant value of your offering.
Step-by-Step Email Gifting Framework:
Hi (first name),
Personalization: Noticed you’re interested in (personalization from LinkedIn content/Google search/personal blog/social media).
Value: I’m reaching out because I wanted to show you how our (solution) helps with (value proposition).
Tie-Back: Just like your (hobby/interest), it will (tie back to value).
Gift Offer: Sending you this (gift) for (personalized reason). Use this link to confirm shipping.
Call-to-action: Can I get 25 minutes on your calendar next week to learn more about you and your team to see if there’s a fit?
5 Examples Based on Category and Title:
Example 1: Revenue Intelligence (Ex: Gong, Chorus AI)
Prospect: VP of Sales
Interests: Likes Golf updates on Twitter
Hi (first name),
Personalization: Was doing some research and noticed you’re into golf. Bet you’re looking forward to the heat in Phoenix ending as much as I am.
Value: Reaching out because I wanted to show you how our solution helps sales teams close more deals by automating recording, taking notes and giving valuable feedback to your team during the sales cycle.
Tie-Back: Just like when you hit the links. You need to know your course to hit a respectable score.
Gift Offer: Sending you a pack of Callaways on us for your next round. Use this link to confirm.
Call-to-action: Can I get 25 minutes on your calendar next week to learn more about you and your team to see if we’d be a fit?
Example 2: Product Analytics (Ex: Mixpanel, Amplitude Analytics)
Prospect: VP of Product
Interests: Posted on LinkedIn about a newborn baby
Hi (first name),
Personalization: Was doing some research and saw you just added a new member to your family. Congrats!
Value: I’m reaching out because I wanted to show you how our solution gives visibility into user behavior to understand what drives impact and continuously innovate your product.
Tie-Back: As a new parent, I’m sure you understand how important it is to always understand behaviors and adjust for what’s coming next.
Gift Offer: With that in mind, I’m sending you some teething toys on us as a congratulations (and to help you keep the little one occupied).
Call-to-action: Can we connect for 25 minutes next week so I can learn more about your team to see if we’d add value to your process?
Example3: HR Software (Ex: ADP, Gusto)
Prospect: Director of HR
Interests: “Lover of Dogs” in LinkedIn bio
Hi (first name),
Personalization: Noticed in your bio that you’re a dog lover. Great Danes are my favorite, what’s yours?
Value: Reaching out because I wanted to show you how our solution helps HR teams manage their staff, reduce errors and improve business efficiency.
Tie-Back: As a Dog lover, I’m sure you understand why your people need the proper training, management and organization to keep those tails wagging during the work day.
Gift Offer: Which reminds me, treat your pup to some toys on me. Hope you and your best friend love it. Link here to confirm shipping.
Call-to-action: Thought we could connect for 25 minutes to share more about your current system and see if we can add value. What does your availability look like next week?
Example 4: Project Management (Ex: Smartsheet, Asana)
Prospect: VP of Operations
Interests: Has a personal blog where they write about industry news and mentions Football in their bio.
Personalization: Was reading up on (company name) and came across your personal blog about (blank).
Value: Wanted to reach out because I noticed how important (use case) is to you and thought you’d be interested in how our platform helps teams increase productivity by 20% with an effective and collaborative workspace.
Tie-Back: Also, noticed you’re a football fan, so I’m sure you understand how important communication is for execution on the field.
Gift Offer: Sending you this (football team) tumbler as a cheers. Use this link for secure shipping.
Call-to-action: Do you have availability next week to connect for 25 minutes so we can learn more about your team and see if there’s a fit?
Example 5:Cyber Security (Ex: McAfee, Symantec)
Prospect: Chief Information Security Officer
Interests: Very private, doesn’t post much.
Personalization: Reaching out because
Option 1 - Name drop: because we work with company 1 and company 2 to help and they’re seeing success with…
Option 2 - Case study/content reference: because we just published this case study about how we helped (company name) with (use case) and I thought you’d be interested.
Option 3 - Work tenure: I saw you’ve been with (company name) for 10 years and thought you’d be the best person to have a valuable conversation about (use case).
Value: We help teams automate VPN usage and monitor user identity to protect against unsafe networks.
Tie-Back: As you know, keeping your company safe is a thankless job that often goes unnoticed when things are running smooth.
Gift Offer: So as a thank you for everything you do, I’m sending you this mug, on me. You’ll receive a separate email from our gifting vendor for SOC-2 compliant shipping.
Call-to-action: Thought it would be worth a chat to learn about how you’re doing things and if we can add value. Interested in learning more?
Who should I send gifts to?
Think of gifting outreach like gifting in real life. You don’t give gifts to just anybody for just any reason, right? Save your budget for maximum impact with high-value targets.
Where in my cadence should I use gifting as a touchpoint?
Short answer: Depends.
If your audience is open to creative outreach, I recommend using gifting in the first email touchpoint to make yourself memorable and then follow up from there.
Example: Marketing, Sales, Human Resources
If your audience is hesitant to accept gifts for certain business reasons, it might make sense to only offer gifts when familiarity is established.
Example: Healthcare, Cybersecurity, Finance
What if I can’t find anything personal about them?
Option 1: Talk to your gifting platform team about specialty gifts that appeal to your general audience (see appreciation mug in example 5).
Option 2: Use a different channel like calls or emails. You’re on a limited budget.
Where can I find something personal about my prospects?
Most SDRs aren’t making it a priority to dig into hobbies and interests. And most are surprised how much they can find when they actually look.
Will prospects think it’s unprofessional to look at their personal information?
People who publish public content appreciate it when people take the time to read it! If someone responds negatively, they probably aren’t a fit anyways.
With that said, be respectful of personal profiles like Facebook and Instagram.
Gifting is the BEST way to break through the digital noise, stand out and establish a relationship. Just never forget the Golden Rule.
Gifts get positive responses when they are personalized AND tie back to the relevant value of your offering.
Interested in learning more about gifting outreach? Follow Linkedin.com/in/gianofiore.
Most sales managers get sales coaching wrong. They think that if they just tell their reps to sell more, it will magically happen. The truth is, there’s so much that goes into improving a rep's performance.
Recently, David Dulany sat down with Peter Kazanjy, Co-Founder and CRO at Atrium. If you’ve heard Peter speak, you should know that this interview was jam-packed with insights.
This episode was specially geared towards sales AE/SDR managers.
According to Kazanjy, data capture in cloud CRMs has improved in the last five years, allowing companies like Atrium to provide more nuanced and better data-driven coaching conversations with their reps.
He stressed that as a manager, your job is to help your reps be better. This is one of the only ways to get your team’s opportunity count to increase. Therefore, having a tool like Atrium that can provide individual insights, will far supersede a non data driven approach.
Previously, managers would give vague feedback to help grow the opportunity count. Feedback such as “make more calls” or “ close more deals.” I’m sure you agree that this can be frustrating as a rep.
Kazanjy offers a more nuanced approach based on the newly available data. Instead of a broad coaching cue like “close more deals,” you can get as nuanced as saying “Do you see how your un-touch opportunity level is way higher than everyone on the team? This is an indication of an improper hygiene pipeline. Which is indicative of too many opps, or not having space on your calendar to handle those meetings. Let's work together to reduce the number of opps in your pipeline or make space on your calendar.”
As you can see, the conversation becomes way more actionable and specific to the rep. As we have been working in this hybrid/remote environment, it’s obvious to see which feedback would be more effective.
Having data-driven conversations
One thing highlighted here is that it isn’t enough to have the data. As managers, we need to be equipped to have constructive conversations with the data we’ve been given.
Most reps get promoted after two years. Unfortunately, as companies move fast, that means that they didn’t receive sufficient training to handle sensitive conversations.
Kazanjy now hosts monthly meetings with managers (customers and prospects) to teach them how to implement the data insights into their coaching conversations. Topics include:
Automate as much as possible
To have data-driven coaching conversations, you want to ensure that you have data you can count on. Luckily for you as a manager, so many companies are now working towards standardizing and automating the data entry process.
Reps have struggled with this over the years, so whenever possible, Peter advises automating data capture as much as possible. Everything from calls to emails and even calendar invites.
No surprise here, but this also requires having meaningful discussions with your team. Peter and his team noticed that the more you require your team to log things, the less people will generally want to do it. At the end of the day, if you are going to require reps to log activities manually, try your best to make it as easy as possible. He’s gone as far as implementing Salesforce flows to make the process as easy to execute as possible.
Discovery is not just for sales
Kazanjy and his team have been having data driven conversations even before he started Atrium. As a founder, he needed a way to do customer interviews without having any product. Having found an interview style called “Get in the van” by Michael Sippey , he went on to have over 150 conversations about how managers at companies were equipped to have data-driven conversations.
Conversations ranged from asking about the current state of the organization's resources while revealing the unmet need that Atrium could meet.
If you want to dive deeper, check out the episode here. Check out Peter Kazanjy on Linkedin.
And don’t forget, Tenbound is having our Revenue Alignment conference on September 8. If you are a revenue leader who wants to ensure that your entire org is aligned with the right data and goals, then this conference is for you.
We are excited for the upcoming Tenbound Sales Development Conference focused on Revenue Alignment. So much so that we've decided to share 4 of the top pieces of advice from the last 3 years around this important topic.
1. How to position SDRs as the most critical role in the revenue operations
Don Otvos shared his strategy for coordination with the Sales Development team and why it is critical to the success of his overall RevOps strategy.
2. Driving Revenue Alignment through Sales Development
David Dulany from Tenbound, and Kyle Coleman, SVP of Revenue and Marketing at Clari, covered the tenants behind driving Revenue Alignment through Sales Development. Throughout the conversation, the duo unveiled the key forces that empower leading organizations to accelerate sales and revenue growth. They discussed 3 Key Factors that Drive Revenue Alignment:
1. Cross-Departmental Coordination
2. Looking Down the Funnel
3. Onboarding Unique Perspectives
3. Why You Should Build Your Go-To-Market Team Around Your Customer’s Journey
Most GTM teams are still contained in individual units or struggling to communicate with one another to discover the customer journey.
Without a deep understanding of the customer journey, it’s difficult to align to provide the value customers expect and to provide a seamless experience. To ensure success with your product or service, building your go-to-market team around your customer’s journey is key.
4. What is a Chief Revenue Officer?
CRO Darryl Praill and Tenbound CEO David Dulany sat down to break down how a CRO should operate today - highlighting how to unify marketing, sales and success into one coherent Revenue unit.
Join the Top Minds in Revenue Alignment on September 8th at Tenbound’s next Virtual Conference!
At this Free event we’ll be covering everything you need to rev up your cross-functional, go-to-market teams by synchronizing pipeline and revenue generation. Attendees will learn from top names in the industry on a strategic and tactical level how to actually do Revenue Alignment vs just talking about it. Focusing on alignment can increase pipeline and revenue, and enhance their careers as revenue professionals.
For more info and free registration click here.
It’s no secret that marketing and sales have been wrestling to be on the same page for a long time. Recently, Linkedin released research that showed that up to 90 percent of sales and marketing professionals believe that they don’t have alignment.
With many working parts working concurrently to generate business success, solutions for consistent low revenue can be hard to address. A great solution to resolve any operational flaws is to analyze its Revenue Alignment strategy.
What is Revenue Alignment and Why Does It Matter?It’s the optimal coordination of the different departments that make up a business: Sales, Marketing, Finance, Support, etc.
Revenue alignment places the customer at the center of their priorities by directing all teams to have the primary goal of their complete satisfaction.
Research has shown that revenue alignment can drastically increase win rates.
● Alignment can lead to a 32% increase in year-over-year (YoY) revenue growth. (Aberdeen Group)
● Alignment can lead to 38% higher sales win rates. (MarketingProfs)
Now that we covered what revenue alignment is, let’s discuss ways we can accomplish this across departments.
How to ensure there’s alignment across departments: Marketing Aligned marketing entails focusing on the problems that your business’s solutions solve rather than advertising lists of product details.
As a business, you must be transparent and openly acknowledge any lapse in service or product faults.
Marketing must prioritize the preferences of the target consumer base and leverage these desires to attract new business.
Sales Aligned sales mean consulting customers on the exact ways a product can be used to address their pain points. They must often communicate their observed customer preferences and perceptions of the company internally. Finance Aligned finances require all payment and customer persona data to be analyzed and organized to provide insights to the rest of the company. This data informs the organization on user habits, changes in activity, and other shifts as a result of outside or internal factors.
Customer Success and Support – For Customer Success to align, they must ensure customers are able to make use of your product or service as promised. Success representatives should also monitor customers to ensure that the use of your product or service has a significant, measurable impact. Support representatives should be sincere in their appreciation of a customer pointing out an issue and seek to resolve it as quickly as possible.
Identify and find solutions for customers experiencing difficulties or weak points in their end result. How to measure your revenue alignment strategies? Revenue Alignment focuses on creating and analyzing measurable data from each department to deliver influential solutions that greatly benefit customers.
OKR (objectives and key results) systems can be implemented to aid in zeroing in on the most vital misalignments to tackle. To tighten the alignment of the ultimate business goals and outcomes between each department of the organization, OKRs show individual teams how their work impacts overall operational outcomes. OKRs cannot substitute strong executive leadership or creative work, but can aid in guiding the organization to higher certainty of revenue success. OKRs are a great way to plan objectives in QBR (Quarterly Business Planning) sessions. They encourage agreement across departments in order to align collectively towards a common goal. OKRs enable departments to easily communicate the identified misalignments or errors with the rest of the organization as they provide quantified observations. The structure and clarity provided by OKRs make the impact of aligning the operations in the organization more visible. When adapting the alignment of your organization to achieve predictable revenue growth, OKRs can play a great role in monitoring the operational efficiencies between departments.
Want to learn more about how to bring alignment across the different departments?
Join the Top Minds in Sales Development and Revenue Alignment at the next Tenbound Virtual Conference on September 8th diving into the greatest of go-to-market challenges – driving true Revenue Alignment!
November 2022 October 2022 September 2022 August 2022 July 2022 June 2022 May 2022 February 2022 January 2022 December 2021 November 2021 October 2021 September 2021 July 2021 June 2021 May 2021 February 2021 January 2021 October 2020 September 2020 June 2020 May 2020 April 2020 March 2020 January 2020 December 2019 November 2019 September 2019 August 2019 June 2019 May 2019 March 2019 February 2019 November 2018 October 2018 July 2018 April 2018 March 2018 February 2018 November 2017 October 2017 September 2017 June 2017 May 2017 April 2017 March 2017 February 2017 January 2017 September 2016 August 2016 May 2016 September 2015 March 2015 February 2015 January 2015
All Book Boost Sales Career Coaching Cold Calling Communities Conference COVID-19 Infographic Job Leaders Leads Management Market Outsourcing Pandemic Podcast Psychographics Sales Development SDR Seminar Social Media Team Technology Trade Shows Training Trends