Outbound Sales, No Fluff: Written by two millennials who have actually sold something this decade.
By Rex Biberston & Ryan Reisert
Quick Review
- What I liked:
- There really is no fluff or self-promotion or new, “branded” jargon to describe old things
- It is a decent introduction for people completely new to outbound selling.
- The sample cold-call script is solid.
- What I did not like:
- I did not find any immediately actionable new ideas
- Though I don’t begrudge the authors the $2.99 I paid for the Kindle version, the book takes only about 30 mins to read (~30 pages when you strip out acknowledgments and appendices). It should really be a free eBook.
1 Why does everybody hate salespeople?
- The first lesson is this: nobody cares about your product. People care about themselves and their problems. [REVIEWER: Actually, user buyers, technical buyers, and some economic buyers do care about your product. They care about how your product solves their problems.]
- Build a list of the problems your product solves. Use this list to qualify a prospect as early as possible.
- The second lesson of sales is… If you want to be successful, start by helping others succeed. Build a reputation of being “that person” – the one people can count on and utilize as a resource regardless of whether you close a sale with them.
2 Stay in your lane!
- Characteristics that we can use to clearly
define our swim lane:
- Size
- Geography
- Industry
- Related Technologies
- Budget [REVIEWER: This is very difficult to know in advance so you might was well use size as a proxy]
- News [REVIEWER: News is great for triggers but if news is required, 99.999% of businesses would not have enough outbound lead volume.]
3 Target companies, sell to people
- [Reviewer: The chapter title says it all.]
4 Where are these people?
- You need to build a list.
- Lead scraping tools:
- Databases & list vendors
- Networks & associations
- In – person events
5 If cold calling is dead, I quit
- Targeted audience + Personalized messaging + Right timing + Communication in the correct channel
- TRUTH # 1 – All communication channels are useful with some prospects some of the time.
- The fastest way to learn … is to ask someone who successfully sells to the same target buyers.
- What should a cold call sound like?
- Introduction: Hi [First Name], this is [Name] at [Company], how are you doing?
- Permission: I called to see if what we do for [Problem] can benefit your team. Did I catch you with two minutes?
- Value proposition: We help [Buyer persona] who [Problem] by [Solution]. In fact, [Customer success story].
- Question + leading statement: I’ve seen a lot of [Buyer persona] who are dealing with [specific facet of problem]. How are you addressing that today?
- Qualify for interest + fit: [This is the part you cannot script – you have to know what makes a qualified buyer and really listen to their answers.]
- Ask for the appointment: Well, you’ve been kind to give me a few minutes today and it sounds like there’s reason to continue the conversation. Do you have time this coming [Day] or [Day] that we can get into more detail and determine if there’s a mutual fit?
- Cold email
- make every word count.
- Use a single call – to – action:
- Social selling
- start simply by following a prospect, engaging with their content, and then inviting them to connect.
- Move from online to offline:
6 Bucket leads for maximum success
- Bucket 1 – Uncontacted
- Activities:
- Remove any accounts outside your swim-lane
- Attempt to contact leads via phone, email, and social media
- Perform additional research or preparation
- Activities:
- Bucket 2 – Working
- For full – time appointment setters, this bucket should consistently hold at least 100 leads. Full-cycle sales reps shouldn’t drop below 50 leads.
- Activity: Call regularly (as often as multiple times daily) to make contact
- Bucket 3 – Priority
- Activity: Continue with engagement via phone, email, and social to schedule an appointment.
- Bucket 4 – Scheduled
- Activities
- Confirm any appointments scheduled 1 or more weeks out, during the week the appointment is due
- Confirm all appointments within 12 – 24 hours via email
- Call to confirm 2 – 3 hours before the scheduled time if the prospect doesn’t respond to final email confirmation
- Activities
7 Technology can save help you
- Incredible sales success requires a winning mindset, carefully honed skills, and the right set of tools, all working together.
8 Funnel math
- The math of sales has never changed.
- The quality of the conversation lies in your ability to personalize your message to the needs of the prospect.