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Sales Trends: Is the Cold Call Dead?

Earlier today I came across an article that explained that the "cold call" was dead. The author claimed that in a world with LinkedIn, Twitter and other Social Media, a direct phone call to an unconnected person was wasted effort. At first I was nodding in agreement, but then I thought about it. Did this really make sense? Was a "cold call" in the pure sense ever an effective sales strategy?

Online networking is a great tool for creating and building business relationships. But it cannot replace the power and efficiency of a phone call or a personal sales call. Plus, combining social networking and a well-placed phone call can result in an unbeatable combination.

a personal call is still an effective sales strategyCombining networking with a personal phone call is a very powerful sales strategy

  • One phone call can replace hours of online effort trying to connect with a prospect.
  • One well-placed phone call can quickly provide you with the names of the key decision-makers.
  • A phone call can be the best way to identify real sales barriers and objections that can easily be hidden in a virtual relationship.

A real one-two sales punch comes from combining the power of the internet to extend your reach and provide information with the immediacy and personal connection only possible in a real world contact. Long before the internet was created, top sales people knew how to make a cold call seem like something else – they knew how to work the phones to make a cold call into a referral. A pro would call someone in the company and ask for the name of the key decision-maker. Then they would use that person’s name in the next call so that now it was a referral. They used contacts in one part of a company to introduce them to other key prospects. They knew how to prepare an introductory sales letter that promised they would call in the near future then called as promised. To a pro, there was no such thing as a "cold call".

It is no different in today's ultra-connected digital world. The sales letter may have morphed into an email or other digital communication. And it is easier and faster to get recommendations and referrals online. But at some point, the best sales tool is still a personal call.

New technology and new communications methods provide new sales tools but can't change what makes a great sales effort effective – planning, persistence and a personal connection.

How do your reach out to your sales leads and customers?

Photo credit: vasta

Comments

No, the 'cold call' is NOT dead!  
 
 
 
The social resources that are mentioned in the writing ultimately make the job of 'cold calling' easier than in the days of the rotary dial. Today one can thoroughly research the prospect through a variety of media and lessen the potential of a negative first call experience. Additionally, it improves the quality of conversation that the person being called on is having as it eliminates many of the hurdles that once existed. 
 
 
 
Prior to the advent of the Internet and Social Media one of the first questions out of the mouth of a sales pro was "So, how does your business go to market today?" and then proceeded into a game of 20 questions with the prospect being the contestant. Today, these tools provide the sales rep the opportunity to perform due diligence in their research to even identify if the prospect is worthy of a call. Furthermore, it permits the sales pro to investigate the prospect on a more personal level. With LinkedIn one can understand the history of an executive from education through their professional career up to where they are today. Through the process of research it paints a virtual picture of the personality and other key attributes that make dialog more fluent.  
 
 
 
Quite frankly, if a sales pro is not utilizing the resources out here on the web prior to their first call I would suggest it be mandatory Training. I have yet to meet an executive that doesn't expect the sales pro calling on them to understand their business before they pick up the phone. These folks do not have time to educate the sales pro on what they should already know.  
 
 
 
At the end of the day, these resources shorten the sales cycle exponentially... 
 
 
 
My two cents...
Posted @ Monday, July 19, 2010 8:58 PM by James Bishop
"Well Placed" cold call is the key term. Most sales people are either too lazy, rushed or both to learn something about the prospect and offer something of value in a cold call. 99% of cold calls are horrible, self-centered, misguided efforts. Cold Calls would work much better if reps took time to make them relevant.
Posted @ Thursday, July 29, 2010 7:59 PM by You Sell Like a Second Grader
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