Careers Hub | What to expect when you’re making sales cold calls
Calling on potential clients can be a daunting prospect. After all, who wants to talk to someone they don’t know or trust right away? But when you’re willing to work hard and give it some time, there is no doubt that making cold calls can benefit your business in more ways than one. After all, just because your target market doesn’t want to speak with you doesn’t mean you should give up either. There are other ways of reaching out to them and getting the attention of prospective clients that you wouldn’t think of otherwise. Read on for more information about what you can expect when making cold calls, as well as strategies for executing them successfully so that you don’t come off as pushy.
What to Expect When You’re Making Sales Cold Calls
As with any other aspect of business, there are some things that you can expect when you’re making cold calls. For one, you may be able to get better leads than you would from other marketing channels. With more people reaching out to you, it may be easier to find prospective clients who are genuinely interested in what you have to offer. Simply having a business card and making a quick call to introduce your company and yourself may lead to some leads, which can be very useful. Cold calls don’t have to be nerve-wracking either. In fact, most business owners are guilty of letting cold calls intimidate them at times. But when you’re willing to work through any nervousness and make the calls, you can reap the benefits of reaching out to new leads that you may have otherwise missed out on.
Short-term benefits of making cold calls
- Better leads – When you cold call potential clients, you’re likely to get better leads than you would from other marketing channels. With more people reaching out to you, it may be easier to find prospective clients who are genuinely interested in what you have to offer. Simply having a business card and making a quick call to introduce your company and yourself may lead to some leads, which can be very useful.
- Higher conversion rate – Cold calls can lead to high conversion rates, which can be useful for your business in a number of ways. For example, you can use cold calls to increase your overall conversion rate, test different marketing strategies, and discover which messages are most effective.
- Easier sales – Cold calling can make it easier to sell your services to prospects, even if they end up declining the call. You may find that your pitch is more refined, depending on the person who picks up the phone. And because you don’t have to worry about trying to win over a customer right away, you can take your time and craft a pitch that shows your expertise and worth as a business.
- Less competition – Cold calls can help you stand out from the competition, especially if you’re starting from scratch. There may be fewer competitors in your market in general, which can make it easier for you to get noticed.
Long-term benefits of making cold calls
- Better branding – Your branding may become more refined through cold calling. You may find that your brand grows stronger, which can be useful for your business in many ways. For example, customers may associate your brand with confidence and professionalism, which can lead to higher sales.
- Network growth – Cold calling can help you build a strong network of loyal customers, which can be useful for your long-term success in many ways. For one, you may end up receiving referrals from your cold call leads, which can be helpful when it comes to growing your customer base. You may also find that your network of business contacts becomes instrumental when you need advice or help in the future.
- Better sales skills – Cold calls can help you improve your sales skills, especially if you’re a salesperson who struggles with initial meetings. With cold calls, you can get more experienced at listening and tailoring your sales pitch to each customer.
- Better networking skills – Cold calling can help you become better at networking, which can be useful for your business in many ways. If you find that cold calling is effective, you can use the contacts you make on the phone as references, and you can use social media to further expand your network.
How to execute successful cold calls
- Speak confidently – One thing that can help you pull off successful cold calls is to speak confidently. You may be nervous or anxious when you receive a call to make a cold one, but speaking with confidence can help you overcome your nerves and come across as more professional.
- Be prepared – Be prepared to make cold calls. If you’re starting from scratch, you may need to cold call multiple people, which can get a bit nerve-wracking if you don’t prepare for it beforehand. Cold calling can feel a bit awkward at times, which means you may not be as prepared to make the call as you may need to be.
- Tailor your pitch – Tailor your pitch to each potential client, which can help you pull off successful cold calls. If you don’t know the person you’re calling, you can say something like, “I noticed you’re looking for X.” Tailor your pitch to show your expertise and value as a business.
Tips for making a follow-up call
- Cold call strategy – Cold calling is only effective if you make it a routine. However, you may want to try something different for your first call, which can help you ease into the process. For example, you could choose a pre-defined pitch or script to help you pull off the call more smoothly.
- Get names and contact information – If you make a successful cold call, be sure to get a name and contact information before you hang up. Doing so can help you follow up with each person, which can help you stay organised and efficient.
- Call back – You may find that some people on your call back, while they aren’t interested in purchasing your services, may be willing to give you their name and contact information. This way, you can follow up with each person separately and keep your organisation on track.
- Follow-up emails – When you follow up with each person who picks up the phone, be sure to send a thank-you email or make a follow-up call. This can help you stay organised and keep track of each person you spoke with.
- Take notes – One thing that can help you stay organised and follow up with each person you spoke with is to take notes. This can help you remember what they said, the date of the call, and the name of the person you connected with.
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FROM OUR PULSE NEWS, EMPLOYER AND JOB SEEKER HUBS