by Marta Malyk | Mar 2, 2021 | Advice, Cold Calling, Cold Calling Success, Cold Calling Tips, Sales Prospecting
I, like almost all Americans, knew of Larry King. I knew his name and that he interviewed people. I knew he wore suspenders. But I had not really listened to him or watched his shows. Since his death last month, I have read a number of interesting articles about him and I realize that I should have been following him more closely as there is a lot to learn about Cold Calling by studying Larry King’s interview style.
What Can Larry King’s Interview Style Teach Us About Cold Calling?
In this interview, https://www.cjr.org/special_report/larry-king-interviewing-tips.php from a podcast episode of “The Turnaround” with Jesse Thorn from July of 2017, Larry King talked about being an interviewer and indirectly gave us all some excellent Cold Calling advice.
These 5 points jumped out as useful tips:
- Keep questions simpleIn his case, he did this to draw people out and to let the interviewee shine. As a Cold Caller, this is not the time to show off, it is your time to ask simple but pointed questions.
- Stay curiousKing enjoyed talking to people who were experts in areas he was unfamiliar with. When you are curious is it easier to stay engaged.
- “The key of interviewing is listening”He listened and engaged with his guests. Listening is key to Cold Calling success as well.
Click here to read more about Active Listening.
- “The less I know (about the guest), the better.”Larry King would do two–hour interviews with people without knowing who they were in advance. I guess that helped him stay curious.
When we teach people how to use our Conversational Selling technique, we don’t have them spend a lot of time researching the prospects before the Cold Call. There is plenty of time to do that if/ when they become a real lead.
- “No one’s ever done the perfect interview.”This is true for Cold Calling as well. Obsessing over getting it ‘perfect’ will keep you from dialing, engaging and successfully setting qualified appointments. Pick up the phone and get dialing!
But this is where the similarities end.
King didn’t believe in having a long list of prepared questions. He talked about how this allowed him to focus on the answer the person was giving to the current question, without worrying about how he would get to the next question. He relied on his experience, skill and wit to carry him through and come up with what to ask next.
When Cold Calling, I strongly believe that having a script, with your questions as well as some basic information, is vital to achieving success.
I totally agree that you need to listen to what is being said, rather than focus on your next question. Having a script provides you with the structure to stay on task and on message. It will help you address the objections you will likely face and save you time by helping you quickly and effectively identify who is, and who is not, a good prospect.
Larry King also felt that you didn’t need an agenda. Clearly, that worked for him – he had a 60+ year career – but he was talking to people who were paid to spend time with him. As Cold Callers, we don’t have that luxury. We need to tightly plan our calls to get the most out of the (often short) time we have. Scripts provide that ‘agenda’.
So, while Larry King may not have made a great Cold Caller, his interview style and expertise leaves us plenty to admire and learn from!
R.I.P. Mr King
If YOU are struggling with Cold Calling and need help crafting a script to keep YOU on message, give me a call at 908-879-2911 – I may not have 60+ years under my belt yet but I am a Cold Calling PRO. We can help you with scripting, training and provide the real–life practice you need to get you and your team up to speed!
by Marta Malyk | Jan 19, 2021 | Advice, Cold Calling, Cold Calling Success, Cold Calling Tips, Lead Generation, Sales, Sales Prospecting, Sales Training
Are you prepared for success?
Sales is a hard job – you hear a lot of ‘No’s’ before you get to a ‘Yes’ and actually make a sale. You need, as they say, to kiss a lot of frogs before you find that prince or princess.
But what if I told you that you are probably WASTING half your time?
Marc Wayshak, a well-known Sales Strategist shared this important stat last year: “At least 50% of your prospects are not a good fit for what you sell”
Yikes!
Many of you are probably spending way too much time on the phone with prospects who just aren’t going to convert to customers.
At One of a Kind Sales, we train our people to QUICKLY identify whether a prospect is a good fit or not and, if they are not, to efficiently end the call and move on. Let me show YOU how to do this yourself and how to be prepared for success.
It starts with your Call List
Make sure you are calling from a clean list with RELEVANT contacts. Click here to read more about this process.
Your script is your road map
Make sure your script includes questions that will elicit the information you need to QUICKLY determine if the prospect is a good fit or not. Ask pointed questions and then LISTEN carefully for the answers.
Have an escape plan
Your script must also include verbiage to EXIT the call QUICKLY once you have determined that they are not worth pursuing.
For example, “gee, based on what we discussed, I feel we would not be a good fit and I certainly don’t want to waste your time”. This allows you to acknowledge that you have been listening and that you respect their time.
Practice, practice, practice!
Being comfortable and CONVERSATIONAL is key to making an effective connection with the prospect. If you feel awkward about re-directing and leaving the conversation once you determine they are not a good fit, you WILL end up wasting your time – and theirs!
Be professional
We are NOT advocating that you rudely ask questions and then abruptly leave once you have your answers. That certainly won’t help you close more sales.
Be professional, prepared and succinct – they will appreciate it and you will save time.
Ask for leads
Once you have determined that a prospect is not a good fit, you should always ask them if they know of anyone who might need your product or services. This is a great way to make the most of your time and to turn a current ‘no’ into a possible, future ‘yes’.
How can you be prepared for success?
So, how much time do you calculate YOU have been wasting on calls with prospects that just aren’t a good fit?
Implementing these sales tips will help YOU stop wasting your time when making Cold Calls and help you to be prepared for success!
Contact us for help with your scripting and click here to learn more about how we can train YOUR staff to use our proprietary, One of a Kind Sales skills. And give us a call at 908-879-2911 to see how WE can make Cold Calls for YOU!
Are YOU prepared for success? Here are some more tips:
How to Leave Voicemail When Cold Calling
Addressing Cold Calling Objections
Successful Cold Calling Starts with Asking Permission
by Nancy Calabrese | Feb 18, 2020 | Best Sales Practices, Building Relationships, Cold Calling Tips, Sales Prospecting
I am often asked if there are different Cold Calling tactics for different Industries. The answer is, yes, we may modify our script slightly to provide industry specific examples or wording but actually, the biggest difference is in how much TIME it takes for the prospects to ‘convert’ to a qualified appointment.
Cold calling is cold calling no matter what industry you are calling. It is simply a discovery call. Your goal, across industries, is to engage a stranger, whom you have determined to be a decision maker, in meaningful conversation.
If you are going after SMB’s (small and midsized businesses) you are more likely to reach a decision maker sooner, as a small business owner is just more likely to take a call.
Typically, the larger the company, the longer it takes to reach that decision maker. When you have to navigate through multiple layers of gatekeepers, it slows the process.
It may also take a bit longer if the industry is oversaturated, like it is with IT providers, financial advisors, insurance providers and some others. With those, you may also face built up resistance and fatigue which can slow you down. As with all calls, PATIENCE and PERSISTENCE are your best tactics!
This isn’t a ‘one and done’ process
And remember, no matter which industry you are working in, cold calling is never a ‘one and done’ process. Making the calls is KEY – without those calls, you will never set any appointments – but you must also have a FOLLOW-UP plan in place if you want those appointments to convert to sales. Building RELATIONSHIPS for the LONG TERM requires a process to follow-up with those new prospects. Salespeople that have this ‘long game’ mindset and a plan to follow-up, will succeed. They know that they need to not only make the connection but to NURTURE it. They establish trust and STAY in touch on a regular basis so they stay top of mind.
It may take a bit longer to reach decision makers in certain industries but across the board, what really matters is that you have the patience and persistence to make, and then nurture, those connections so they convert to appointments and sales!
Do you need help connecting with decision makers? Assistance with follow-up? Our Call Center in a Box provides you with the training, management and monitoring YOU need to succeed in Cold Calling. Give us a call TODAY at 908.879.2911 to learn more!
by Nancy Calabrese | Oct 22, 2019 | Cold Call ROI, Cold Calling Tips
I am frequently asked, “is Cold Calling a waste of time?” Given that my business is to find and place, train and manage Cold Callers and that we at One of a Kind Sales LOVE making Cold Calls, I can confidently say, “YES” – when done poorly, Cold Calling IS a waste of time!
This may sound blasphemous – how can someone who LOVES Cold Calling, admit that it is a waste of time?! I am able to say this because I KNOW that it is true. I meet salespeople all the time who are wasting their time – and the time of their potential prospects – by using outdated scripts, poor techniques and/or ‘winging’ it. Too many people think that Cold Calling is just a matter of picking up the phone, dialing a number and chatting with, or worse yet, bullying the person on the other end into setting up an appointment. This could not be further from the truth!
Cold Calling is an art and a science. There are proven techniques and approaches that you need to learn in order to be effective. And you must be able to LISTEN to, and empathize with, your prospect. Most people are NOT born with these skills but with training and guidance, they CAN be learned.
Successful Cold Callers know:
- They need to be consistent, making calls daily.
- They need to be persistent – and know not to give up!
- Their KPI’s – their Key Performance Indicators (check out our post Are YOU Dialing Blindly for more on this).
- The VALUE of their work – they know that the appointments they set with qualified prospects lead to CLOSED SALES and a healthy bottom line.
Cold Calling is NOT for the faint of heart. It is a hard, often harsh, business where you hear “No” way more than you hear “Yes’. But it is also a rewarding one! Cold Calling is an important and EFFECTIVE part of many business plans and well trained, accomplished Cold Callers are ALWAYS in demand.
Are YOU wasting YOUR time Cold Calling without results? Give us a call at 908.879.2911, we can provide you with the training you need turn that around! And if you would like to HIRE one or more of our well-trained salespeople to fill your pipeline with qualified leads, give us a call. Our people are snatched up pretty quickly, so get on our list!
So, is Cold Calling a Waste of Time? When done poorly, yes, it can be. But when done properly, by well-trained salespeople, Cold Calling can be one of your most powerful funnel filling tactics! Are you and your salespeople wasting YOUR time?
by Nancy Calabrese | Sep 24, 2019 | Advice, Cold Calling Tips, Lead Generation, Sales Prospecting
Would you like to improve your cold calling results? As anyone who has ever shot an arrow will tell you, one of the KEYS to hitting the bullseye is knowing WHERE the target is located. Otherwise, it is like shooting while wearing a blindfold! Salespeople who are calling without being totally clear on THEIR targets, are frequently DIALING BLINDLY.
The ‘target’ in this context, is NOT the salesperson’s ‘target audience’. You can be dialing blindly even if you know your ideal prospects’ name, age and serial number. The targets that I am talking about here are the salespersons’ productivity targets. Without a clear understanding of YOUR productivity targets, also known as KPI’s (Key Performance Indicators) you may as well be dialing in the dark!
Here are some tips to improve your Cold Calling results:
How many tries does it take?
Do you know how many calls you need to make before you set a qualified appointment? This is NOT a trick question! This is a number YOU need to know and keep track of, based on YOUR lists, YOUR calls and YOUR experience. I cannot supply this answer, but I can assure you that if you identify and keep track of this number, you WILL be able to improve upon and reduce it!
Peter Drucker, the man who is often credited with having ‘invented’ the management practices of the corporate business world, famously said, “If you can’t measure it, you can’t improve it”. I agree!
Knowing the number of dials it takes to get to the point where you engage in a conversation with a decision maker is the first step to getting a handle on your target. The next step is knowing how many conversations, with decision makers, need to take place to set qualified appointments. You also need to know how may qualified appointments you need to set before you close a sale. Again, there is no one correct answer – this is a compilation of data based on YOUR experience.
Gather and use this information to set YOUR productivity targets
Identifying these stats will help you monitor your cold calling progress, keep you on track and close more sales. Once you have these numbers, you can challenge yourself to hit or beat them. You will be able to measure AND to improve them!
The first step to hitting ANY target is to be very clear on what it is. What are YOUR current stats and what will YOUR target be? Improve YOUR Cold Calling Results – don’t dial blindly!
If your sales team is dialing blindly and/or not hitting YOUR sales targets, give us a call at 908.879.2911 – our Call Center In A Box service includes the training, management and monitoring YOUR team needs to SUCCEED!
