24 Feb 2008 12:33:15 | Stephen Libman
OK, let's heat up the cold-calling debate. Is everyone a
salesman? Yes! Do most people have to make cold calls at some
point? Yes! Do most people hate to make cold calls? Yes! So, you
have two choices; either hire someone (a professional
telemarketer) or do it yourself. If you have the budget the hire
someone, great! If not, read on.
To be a successful cold-caller you need the following in your
toolbox; an understanding of what constitutes a cold-call, a
list of qualified people to call, an understanding of the
"numbers", a notepad, pens, scripts (at least 3), a calendar, a
tracking system, a personal performance tracker, a mirror,
relevant reference materials, the right attitude, hands free
headset, a commitment, a smile, a schedule, the right questions,
a bullet-proof rejection shield, an automatic objection response
generator, a clearly defined goal, and the knowledge of your
purpose. Let's review each one in detail.
Tool 1 - an understanding of what constitutes a "cold-call" A
cold-call is simply an outbound call made to someone you have
never spoken with before. It is not a referral. That's a warm
call. It is not any inbound call, even if that's your first
contact. An inbound call is a blessing because someone wants to
speak with you. Cold calls are often impersonal and must be made
"personal" as soon as possible.
Tool 2 - a list of qualified people to call If you are not
calling qualified leads then you might as well get out the
yellow pages and start dialing. Hitting qualified people boost
your close rate dramatically and eliminates wasted time. Invest
your time in qualifying before calling. You will still have to
further qualify the prospect once on the phone. It would be
ridiculous if you offer enterprise-sized solutions and called a
small business. Even if the person wants to buy, you would have
nothing to sell.
Tool 3 - an understanding of the "numbers" OK, we all know it's
a numbers game. So, determine what the "superstar" ratio is and
work towards beating that figure. Establish where you are now in
terms of success and you know how far you need to go. What, you
don't have a clue how many calls to make? Ok, try 40 - 60 a day.
For example; you place 60 calls resulting in 20 responses,
resulting in 5 decision makers reached, resulting in 1
presentation. Assuming you close 1 sale for every 3
presentations, you will have made 180 calls over three days.
Your numbers may vary but it's all numbers.
Tools 4 & 5 - a notepad, pens This is an easy one right? Wrong!
The notepad and pens are obviously to take notes. But its the
type of notes you take that make the difference. Listen for
words describing how they process information. People have a
dominant "channel"; visual, auditory or kinetic. They tell us
their channel by saying things like "I see what you mean", "I
hear what you're saying", "this feels right to me". Also, listen
for buzzword terminology and play them back. Say someone says
"I'd like to take this step-by-step" you could respond later in
the conversation with something like "let me walk (if kinetic)
you through this step-by-step". This is powerful stuff! Better
yet, it works!
Tool 6 - scripts Call them notes if you don't like the term
scripts. But, have at least three of them; the First Contact,
Follow Up, and Close. Scriptwriting is an art but there are some
definite guidelines you can follow. Make sure you are using
scripts that are proven to work. For example, the First Contact
script must include; an introduction, purpose of call, caring
for the individual, a number of close-ended questions to ensure
you have a decision-maker, probing questions, value statements,
action, and close. You can see a lot is involved so make sure
you get it right. Need help with your scripts? Get it! It's that
important. Don't know where? Contact me!
Tool 7 - a calendar Finally, an easy one. You need an electronic
or paper calendar for reverence. Ties in with Tool 8.
Tool 8 - a tracking system ACT, Goldmine, Daytimer, make one up,
etc, whatever works for you but you must have a way to track
every activity.
Tool 9 - a personal performance tracker This is part of Tool 8
if using automated systems like ACT or Goldmine. Whether you are
or not, a personal performance tracker keeps tabs on the
statistics, the "numbers". This way you will know how many
calls, how many people you reached, etc. It also records your
comments such as; how far you got, problems you encountered,
notes for improvement, etc. This is an indispensable tool for
success.
Tool 10 - a mirror You simply need to watch your facial
expressions making sure you are positive, energetic, and upbeat.
It also give you a way to make sure you are using Tool 15.
Tool 11 - relevant reference materials You will probably need
directories and lists of some sort however compiled. Make sure
you have those references always handy.
Tool 12 - the right attitude What is your "AQ" or Attitude
Quotient? Without a positive mental attitude things that get you
down, keep you down. For making cold-calls you need enthusiasm,
you need to feel like a winner even when you are not, you need
to exude self-confidence even when yours is low, you need to be
excited and passionate about your product or service, and you
need positive self-talk to carry you through the tougher
moments. The more attitude qualities you have (or subsequently
get), the better the results. When someone asks you how you are
doing, you answer, "I'm Wired, Fired, and Inspired!" Or, as
Attitude Expert Keith D. Harrell always answers "I am Super
Fantastic!". Other's I know answer "I'm Taking It To The Next
Level!", "Absolutely Outstanding!". You get the point, people,
like "UP" people.
Tool 13 - hands-free headset This should be a given but most
salespeople I meet do not have a hands-free headset. A headset
will liberate your hands for note taking, liberate your neck
from pain (which can at times become debilitating), and liberate
your body from your chair (that's right, stand up when you
speak, you are clearer and have more passion and energy). Invest
in quality! No one likes being on the receiving end of a
crackling conversation. And finally, use it! Often those I see
that actually have headsets don't use them.
Tool 14 - a commitment You must make a resolute commitment to
get the job done. You must commit to using each of the "tools".
You must commit to your success. Without a strong commitment you
may renegotiate outcomes with yourself and not hit the peak of
the mountain.
Tool 15 - a smile A smile is not only part of your positive
attitude but it will make you feel better. Believe it or not,
people on the other end of the receiver can "feel" your smile.
Look in the mirror on your desk before making your call and
smile. Force it if you must. Then dial the phone. Got someone on
the line? Good! Look in the mirror again, smile and stand up.
Then speak! This is guaranteed to boost your close rate. Big
Time!
Tool 16 - a schedule One of your commitments is to your
schedule. Each profile is different. For example: let's take
someone who typically does not make outbound sales calls
(cold-calling) but finds themselves in a situation where they
now must. In that case, I suggest 2-4 hours a day, Monday
through Friday, from 8:00 AM onwards. When you call before 9:00
AM your prospect often answers the phone themselves (rather than
voicemail or an assistant). Most people are more receptive in
the morning too. Whatever your level of attack, simply adjust
the number of hours. It is critical that you stick to your
schedule.
Tool 17 - the right questions You've got the prospect on the
phone but what questions do you ask? Please refer to Tool 6 to
get an idea. In addition, it is critical that the questions
evoke truthful responses. Try and think of yourself in the
prospects' position. What would you need to share with someone
that would result in them returning value to you? With that,
create the questions which will draw it out.
Tool 18 - a bullet-proof rejection shield Rejection is a reality
of any sales process. Get used to it as quickly as possible. It
is not you being rejected, it's what you offer. Imagine if every
waiter or waitress took rejection personally whenever they
offered a cup of coffee. They'd all quit! Most of us reject the
server who offers us "an apple pie with that?". Do they quit? Of
course not. In fact, they sell a lot of apple pies that would
not otherwise be sold. Rejection isn't personal but it is part
of the territory and of your success. Strive to get more "No"s
than anyone else and you'll probably sell more than anyone else
too.
Tool 19 - an automatic objection response generator Simply put,
know every possible objection beforehand and have an answer.
Each time you get an objection you've never heard, write it down
and review it later for a response. Trust me on this, every
single objection you will ever hear will have been heard before
by someone and can have a reasonable comeback. It's your job to
be prepared.
Tool 20 - a clearly defined goal Some of you will say the last
two tools should have come first. You're right. They are the
most important tools in the toolbox. That's why I put them at
the end. So as to have a lasting impression. Having a defined
goal simply means how much and by when! Start with the end
first. How much incremental profit do you need to make from
these activities on a monthly basis? How long should that take?
Given the "numbers" game, how many closed sales would that
require monthly? To generate that level, how many meetings would
be required? From that, determine how many calls per month, week
and finally per day would be required. You then emerge with a
roadmap for success.
Tool 21 - the knowledge of your purpose And, the hands-down
winner for the most import tool is knowing why you are jumping
through all these hoops anyways. Without a clear knowledge of
your purpose you will almost certainly quit. This is a simple
process but by no means easy. The rewards are definitely worth
the effort but you will be challenged often. Having a firm
picture of your "why" will keep you on course. Don't know your
purpose? I can help! Give me a call.
The Wrap Up So, we're done, or are we? You have the tools for
exceptional success. Now it's up to you to take them, pepper
them with your personality and perform, perform, perform.
About Author :
Stephen Libman is a Corporate Performance Strategist
specializing in human interaction. He generates improved
customer service and higher performing staff. Stephen consults
with senior executives of performance-oriented organizations.
Together, quality initiatives are conceived and developed.
Results are distilled into communication strategies and systems.
This yields a teachable program that "WOW" customers and boosts
performance.