91: How to Get Outbound Sales Cadences Right w/ Michael Hanson

November 19, 2020 00:21:18
91: How to Get Outbound Sales Cadences Right w/ Michael Hanson
B2B Revenue Acceleration
91: How to Get Outbound Sales Cadences Right w/ Michael Hanson

Nov 19 2020 | 00:21:18

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Show Notes

Pre-pandemic, the average connect rate for a cold call is about 4%.

That has actually increased by about 1% — which doesn’t sound like much, but which has huge implications for your outbound sales cadences and how to get them right.

In this episode, I interview Michael Hanson, Founder and Sales Consultant at Growth Genie, about mastering outbound sales cadences.

We talked about how to be targeted & personalized, but at scale, shifts in outbound marketing, and why you need 30 touches.

To hear this interview and many more like it, subscribe to The B2B Revenue Acceleration Podcast on Apple Podcasts, on Spotify, or on our website.

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Episode Transcript

WEBVTT 1 00:00:00.920 --> 00:00:06.000 You were listening to be tob revenue acceleration, a podcast dedicated to helping software 2 00:00:06.000 --> 00:00:10.189 executives stay on the cutting edge of sales and marketing in their industry. Let's 3 00:00:10.189 --> 00:00:14.150 give them the show. Hi, welcome to be to be a revenue acceleration. 4 00:00:14.550 --> 00:00:17.949 My name is onion with tier and I'm here today with make on Hanson, 5 00:00:18.350 --> 00:00:21.739 thunder and cells. Consultant that growth, Jenny, how are you doing 6 00:00:21.780 --> 00:00:24.699 to the make all well? Good, thanks for invites me on the show. 7 00:00:24.739 --> 00:00:26.940 I'm going to say this again, but I'm going to call you right 8 00:00:27.019 --> 00:00:31.699 as I hear a lot of people no fund stickers. One of the most 9 00:00:31.820 --> 00:00:34.259 in US name for me, so that's kind of cool. I respond to 10 00:00:34.340 --> 00:00:39.009 many names. So I'll discussion today will be surrounding outdown spells, cadencies, 11 00:00:39.170 --> 00:00:41.530 and we know that you are an expert when it comes to that. To 12 00:00:41.649 --> 00:00:44.530 pick. But before we go into the conversation, could you just tell us 13 00:00:44.530 --> 00:00:48.049 a little bit more about yourself, as well as your company growth? Jenny? 14 00:00:48.210 --> 00:00:52.520 Yeah, sure, so we're sales consultancy. We're quite a new company, 15 00:00:52.640 --> 00:00:58.200 about a year old, and we essentially how BB sours teams have better 16 00:00:58.240 --> 00:01:02.679 conversations. We do that through setting up repeatable scale, but outlun processes such 17 00:01:02.719 --> 00:01:06.430 as play works, Caden says, etc. Before I set out the company, 18 00:01:06.590 --> 00:01:08.870 I actually used to be in your space, in the outsource as the 19 00:01:08.909 --> 00:01:14.030 our space. Yeah, how's a company grow from five people in the CEO's 20 00:01:14.030 --> 00:01:15.950 apartment over two hundred, and not going to mention their name, as I 21 00:01:17.069 --> 00:01:19.620 want to mention from patent as and what some one your podcast our respite. 22 00:01:19.819 --> 00:01:23.620 But learned a lot about different techniques, what works, what doesn't, and 23 00:01:25.180 --> 00:01:26.900 one of the things I saw that you may have seen as well as actually 24 00:01:26.939 --> 00:01:32.700 when companies outsource of challenge, so they don't have good flavor its, cadences, 25 00:01:32.780 --> 00:01:36.409 messaging in place, often they fail. The companies that outsource the best, 26 00:01:36.489 --> 00:01:38.209 it's when they have very good processes in place and then, like an 27 00:01:38.250 --> 00:01:42.409 outsource team can sit on top of that and as part of the reason that 28 00:01:42.530 --> 00:01:45.769 may sound great, you need to help that companies build, build that messaging 29 00:01:45.849 --> 00:01:49.560 grout one. So it's about building up playbooks. So do you actually do 30 00:01:49.680 --> 00:01:53.239 the whole play books, like getting information from the market and everything? What 31 00:01:53.359 --> 00:01:57.680 would your clients come from? Originally with they have absolutely nothing, or with 32 00:01:57.799 --> 00:02:00.519 the have something. But I'll do you on bug bus bus, they buff 33 00:02:00.519 --> 00:02:04.870 clients on board. Yeah, we kind of do both. Typically, some 34 00:02:05.030 --> 00:02:07.270 companies have tried to do outbound but they pretty much failed. So they maybe 35 00:02:07.389 --> 00:02:12.430 fired their first you know to bed ours and they haven't got the messaging right. 36 00:02:12.669 --> 00:02:15.180 Often what happens as well as when bedos rest ours don't have managers, 37 00:02:15.340 --> 00:02:17.860 they don't succeed, because a lot of companies are like hey, we're going 38 00:02:17.900 --> 00:02:21.819 to hire s the ours and they can do their job, but often as 39 00:02:21.900 --> 00:02:24.020 the oars are like green or graduate roles. So when that happens they need 40 00:02:24.139 --> 00:02:28.099 that support and that's kind of where we can come in. We can almost 41 00:02:28.139 --> 00:02:30.930 act as a virtual video manager. And then we've got other companies that are 42 00:02:31.250 --> 00:02:35.449 bigger and maybe they've got a team of like ten, twenty SD ours and 43 00:02:35.530 --> 00:02:38.849 we're more helping them optimize their cadences and their playbooks. Or perhaps they've got 44 00:02:38.849 --> 00:02:43.370 a new product launching that we can help them build that messaging for. So 45 00:02:43.530 --> 00:02:46.719 those are kind of typically for the two different scopes. Makes Perfect expense. 46 00:02:46.879 --> 00:02:50.080 So thanks for that. May Call. So you've developed a certain touch on 47 00:02:50.360 --> 00:02:54.919 each channel. Outbound, Sol skeddings, that combines linkedin out buncling SMS. 48 00:02:55.280 --> 00:02:59.469 What's up? Any mail. I'm very interested to unders on a little bit 49 00:02:59.469 --> 00:03:00.669 more about the words up elements. I'm sure you're going to get to eat 50 00:03:00.669 --> 00:03:05.270 in a minute, but could you please show some more details of the sequence 51 00:03:05.389 --> 00:03:08.150 with our audients and maybe show a few stats that you've seen working with it? 52 00:03:08.430 --> 00:03:14.259 Yeah, definitely. So it's a funny timing a DIS question because I'm 53 00:03:14.259 --> 00:03:16.580 actually going to do a Webinar on Thursday this week. We lead feeder and 54 00:03:16.620 --> 00:03:20.580 the reously, where I think we first came into contacts with each other. 55 00:03:20.659 --> 00:03:23.460 On a lead feed Webinar. It's going to be an outbound tenance for two 56 00:03:23.460 --> 00:03:24.460 thousand and twenty one, but it's going to be quite similar to the one 57 00:03:24.500 --> 00:03:28.210 we already have in place. So we released it in January. So it's 58 00:03:28.210 --> 00:03:30.729 pretty pandemic. So a lots changed since then, but there's a few things 59 00:03:30.770 --> 00:03:34.930 that are staying the same. So like the thirty touches themselves, which I 60 00:03:35.009 --> 00:03:38.129 can talk through. So typically we're looking about ten to fifteen phone calls, 61 00:03:38.449 --> 00:03:43.400 seven to eight emails and seven eight linkedin messages. And again this seems like 62 00:03:43.479 --> 00:03:46.000 a lot and I think this is why it was our most viral bit of 63 00:03:46.080 --> 00:03:49.759 content, because people are like thirty touches. That's in saying you can't Harrask 64 00:03:49.800 --> 00:03:52.840 people. But, as you said, like there are statistics behind this. 65 00:03:53.400 --> 00:03:57.909 So when it comes to cooling, for example, typically a connect rate, 66 00:03:57.990 --> 00:04:01.310 according to connecting cell, which is a power dialer, who've analyzed millions of 67 00:04:01.430 --> 00:04:04.870 phone calls, typical connects rate, I think, is actually about four percent, 68 00:04:05.189 --> 00:04:09.469 and so what that means is essentially could be like one in twenty calls 69 00:04:09.509 --> 00:04:12.020 are going to be answered. It can go higher or lower. SEF you're 70 00:04:12.060 --> 00:04:15.620 calling sales people because they're expecting business to come in, that can be ten 71 00:04:15.699 --> 00:04:18.740 percent, or if it's kind of like sometimes it personas even marketing can be 72 00:04:18.939 --> 00:04:21.699 the law, about three percent. So essentially you've got to do a lot 73 00:04:21.740 --> 00:04:25.930 of calls just to have one conversation. But the phone can still be a 74 00:04:26.129 --> 00:04:30.050 very powerful tool, as you'll know, operatics, and I think when people 75 00:04:30.170 --> 00:04:32.730 think of thirty touches, often they're thinking of you're having thirty conversations, but 76 00:04:32.810 --> 00:04:38.250 that's not it. It can take thirty touches essentially to have one conversation. 77 00:04:38.529 --> 00:04:42.040 And then the rules in terms of like linkedin and email. Typically I say 78 00:04:42.120 --> 00:04:46.120 don't ask for a meeting on the first email. First Linkedin message, just 79 00:04:46.319 --> 00:04:49.439 ask relevant questions or share a bit of content that things very relevant to them, 80 00:04:49.519 --> 00:04:53.870 like give away a piece of content, like if you follow Josh Brown 81 00:04:54.110 --> 00:04:57.670 on Linkedin, he talks about deposits. Essentially doing that deposit and then warm 82 00:04:57.750 --> 00:05:00.790 the mark as you go along. The phone is different because on the phone 83 00:05:00.790 --> 00:05:03.269 you can actually have an interactive conversation, you can identify the pains and then 84 00:05:03.310 --> 00:05:06.540 you can picture meeting. It's more difficult and email. So I don't recommend 85 00:05:06.540 --> 00:05:11.220 actually asking for a meeting on the first email or linkedin message. And then 86 00:05:11.220 --> 00:05:13.819 there's a few as I said, we're about to release a new cadence with 87 00:05:14.139 --> 00:05:17.819 lead feeder and videyard. There's a few things of have changed since January with 88 00:05:17.939 --> 00:05:21.129 our one, which is one voice notes. We use now on Linkedin. 89 00:05:21.250 --> 00:05:25.649 So voice notes are really good. What I like about them is it's kind 90 00:05:25.649 --> 00:05:29.410 of a way you can scale personalization, because I find videos can take quite 91 00:05:29.410 --> 00:05:31.250 a long time. You're thinking about how you look, what you share. 92 00:05:31.370 --> 00:05:34.290 There as a voice note, you literally just touched a button on your phone 93 00:05:34.329 --> 00:05:38.480 and like send a voice note. You can quickly scan their linked in profile. 94 00:05:38.839 --> 00:05:42.839 And then another thing we're using as well at the start is linkedin Poles. 95 00:05:43.279 --> 00:05:46.519 So one of the hardest things as an SDR is like actually knowing what 96 00:05:46.639 --> 00:05:49.110 the pains are of your buyers. You kind of have to make an assumption. 97 00:05:49.189 --> 00:05:53.350 Versus if you're like an a or a closer, you get an in 98 00:05:53.430 --> 00:05:56.269 boundary. They've told you what your pains are. You can do discoveries, 99 00:05:56.470 --> 00:05:59.230 but when you're an Sdi you don't do that. You're going completely cold. 100 00:05:59.470 --> 00:06:01.230 So that's a new thing we're doing. We actually sound like a survey on 101 00:06:01.310 --> 00:06:05.579 the first message and Linkedin like bars a prospect, you ray as a CEO 102 00:06:05.779 --> 00:06:10.339 with the sales out would love your feedback on this. This quick pole related 103 00:06:10.379 --> 00:06:12.899 to outbound sales challenges. Or you've got to do as press a button, 104 00:06:12.939 --> 00:06:15.779 and I know that's a challenge for you, and then I can personalize the 105 00:06:15.860 --> 00:06:18.449 message based on that. So really the cadence is stayed the same, but 106 00:06:18.490 --> 00:06:21.850 there's a couple of new things were using, which are surveys and linkedin voice 107 00:06:21.930 --> 00:06:25.290 notes. Pretty good. That sounds really good. And what's up? I 108 00:06:25.370 --> 00:06:27.889 mean he's that I know that we have a fair few clients nice trail, 109 00:06:27.970 --> 00:06:30.850 for example, and when we are prospecting on the Alpha for poetics the way 110 00:06:30.850 --> 00:06:34.160 I'm engaging with make clients. Nis frilli is very much what'sai based. Seems 111 00:06:34.199 --> 00:06:38.120 to love Word Service. So it's a wall of communication. It's quite it's 112 00:06:38.160 --> 00:06:41.920 just come and leave you wheel and people are quits relax about to contacting them 113 00:06:42.000 --> 00:06:44.879 directly and adding you on what's up. I feel it he is maybe less 114 00:06:45.240 --> 00:06:47.230 so feared. We see less in western Europe and North America. Do you 115 00:06:47.470 --> 00:06:50.230 have any comments on that? Yeah, definitely, I think. Yeah, 116 00:06:50.310 --> 00:06:55.670 just the use of what's up in North America is people tend to use eye 117 00:06:55.709 --> 00:06:59.470 message as more SMS. So I recommend a North America to use SMS. 118 00:06:59.709 --> 00:07:01.180 WHATSAPP is still being in Europe. As you said, it's not use that 119 00:07:01.259 --> 00:07:04.660 much for business purposes. Yeah, that's actually why I think it can be 120 00:07:04.899 --> 00:07:09.620 very powerful. Because of GDPI, you have to be careful. So SMS 121 00:07:09.699 --> 00:07:13.740 can be tricky in certain countries within Europe, like especially Germany, but actually 122 00:07:13.740 --> 00:07:16.810 really across Europe. So if someone hasn't opted in, it's quite difficult. 123 00:07:16.930 --> 00:07:21.089 If you got leads like Webin our leads or Ebert leads or people that have 124 00:07:21.170 --> 00:07:25.769 come to your website and giving you their phone number, you've actually got professions 125 00:07:25.889 --> 00:07:28.490 to send them an SMS or send them a what'Sapp, and a lot of 126 00:07:28.569 --> 00:07:31.040 people don't actually do that. So I really recommend that. And an again 127 00:07:31.240 --> 00:07:33.920 the messages. It's like if you're texting a friend. The messages have to 128 00:07:33.959 --> 00:07:38.600 be super short. It's quite a good way to nurture someone. Something I 129 00:07:38.759 --> 00:07:42.240 can even do is, like you send a very personalized email and then you 130 00:07:42.279 --> 00:07:45.389 can send them an SMS or what's that like? Any thoughts on my email? 131 00:07:45.389 --> 00:07:48.509 Jeff Right, it's mixing that like absolutely much nice email with just like 132 00:07:48.629 --> 00:07:51.389 a quick follow up on usms or what's up? Yeah, I think that 133 00:07:51.470 --> 00:07:57.310 makes sense. I actually use it for following up on conversation at me get 134 00:07:57.350 --> 00:08:01.259 a little bit difficult to be done by email. So when I can of 135 00:08:01.339 --> 00:08:05.620 see that a prospect or client is is taking two, three days to respond 136 00:08:05.660 --> 00:08:07.620 to an email, I try new ways and sometimes it's a phone call. 137 00:08:07.740 --> 00:08:11.300 You know, we've got clients who are like Super Responsive to fund calls, 138 00:08:11.339 --> 00:08:13.689 particularly sells people dumb much, but on phone calls, in my opinion, 139 00:08:13.810 --> 00:08:18.610 without making generalities, then emails and then what's upports. So walkwere with a 140 00:08:18.649 --> 00:08:22.490 few. So I've seen that in that maybe the larger companies where people may 141 00:08:22.529 --> 00:08:26.250 have know. If you they cannot recall IBM Google and all that. I 142 00:08:26.329 --> 00:08:28.879 think people have died ay relatively regimented. Quite a lot of meetings, a 143 00:08:30.120 --> 00:08:33.679 lot of internally male slack, lots of us a bits and pieces. So 144 00:08:33.759 --> 00:08:37.240 basically the computer is maybe getting a little bit of a whelmed, but people 145 00:08:37.399 --> 00:08:39.840 still check their fun without any stats. Again, in my opinion, I 146 00:08:39.919 --> 00:08:43.789 found that in large organization where maybe the day is more regimented and there is 147 00:08:43.950 --> 00:08:48.070 lots of it Maale, lots of Admin. What's up has worked well for 148 00:08:48.149 --> 00:08:50.669 me, but more when I've already got that relationship in place, if you 149 00:08:50.750 --> 00:08:54.190 will, but when I'm when they already no mean they know who I am, 150 00:08:54.230 --> 00:08:56.659 and then I will lead them on to what's up as a new channel 151 00:08:56.700 --> 00:08:58.059 to accelerate things for me. But that makes sense. So thanks for that 152 00:08:58.220 --> 00:09:01.700 my call. I will want to go back to the data in a minute 153 00:09:01.700 --> 00:09:05.100 because I thought that decided the topic of today, but before then I want 154 00:09:05.139 --> 00:09:09.649 to speak about automation versus personalization. Okay, because I know that you know, 155 00:09:09.889 --> 00:09:13.490 you and I is are part of the same groups. You see e 156 00:09:13.570 --> 00:09:16.370 mails coming through and linkedin groups and all that, and lots of people speak 157 00:09:16.370 --> 00:09:20.409 about automation. You know, it seems to me that automation is not for 158 00:09:20.649 --> 00:09:24.879 absolutely everyone. It seems that personalization maybe more relevant when you are very account 159 00:09:24.960 --> 00:09:31.519 based driven, very top heavy, large deal complex cell cycles. But what 160 00:09:31.639 --> 00:09:33.320 I'd like to get at like to get your thoughts on that. I'd like 161 00:09:33.399 --> 00:09:39.070 to understand issue. Believe also that you can be targeted and personalized, but 162 00:09:39.149 --> 00:09:41.750 that scale. Yeah, definitely. I think one of the issues with this, 163 00:09:41.830 --> 00:09:46.710 Surbay, is that people who take two extremes right. If you follow, 164 00:09:46.029 --> 00:09:50.429 you know, recycled suns influences on Linkedin and you go on your face 165 00:09:50.710 --> 00:09:52.860 your one extreme, which is saying, you know, silence as a numbers 166 00:09:52.899 --> 00:09:56.779 game, ultimate everything, and then you got another extreme, which is don't 167 00:09:56.820 --> 00:10:01.259 automate anything, you have to personalize everything. And I sit somewhere in the 168 00:10:01.340 --> 00:10:05.419 middle. I think when it comes to automation, you need to segregate your 169 00:10:05.500 --> 00:10:07.409 list because I think one of the problems people have is they're like a kain 170 00:10:07.409 --> 00:10:11.889 of I've got a list of Threezero people that I can contact for this campaign. 171 00:10:11.049 --> 00:10:15.690 If you send all threezero people the same message, you're going to fail. 172 00:10:15.769 --> 00:10:18.289 So you've got to split into kind of the obvious things. which are 173 00:10:18.289 --> 00:10:22.440 the job titles? Right, I sell to probably same as you, marketing 174 00:10:22.519 --> 00:10:24.519 leaders, sales leaders and the CEO's are small companies. I'm going to have 175 00:10:24.600 --> 00:10:28.639 different messaging for all those different personas. And then industries, right, target 176 00:10:28.679 --> 00:10:33.080 industries where you've already got case studies and then mentioned that in your sequence. 177 00:10:33.360 --> 00:10:35.830 And then the other thing, which you know, I'm sure to you, 178 00:10:35.110 --> 00:10:39.190 is basic ray, but a lot of companies aren't doing, is triggers. 179 00:10:39.230 --> 00:10:43.350 Right. So say you're a software and you integrate into another software. Build 180 00:10:43.389 --> 00:10:46.309 a list of companies that use that. There's so many tools that you can 181 00:10:46.350 --> 00:10:50.259 do that. Companies that are raised around companies are recently launched the product. 182 00:10:50.539 --> 00:10:54.500 So if you're building these trigger events into your messaging, essentially it looks like 183 00:10:54.820 --> 00:10:58.779 the emails are actually personalized. In fact they're automated. So the key is, 184 00:10:58.940 --> 00:11:03.299 when you're building messaging like have a list. It's segregate your lists into 185 00:11:03.659 --> 00:11:07.809 triggers, job titles and industries, and then you're going to be more successful. 186 00:11:07.929 --> 00:11:11.809 And then, of course, I believe in like hyper personalization for your 187 00:11:11.889 --> 00:11:15.169 best leads, essentially. So I also think have almost like a tear one 188 00:11:15.210 --> 00:11:18.169 account list where, like this, companies are really good fit for us, 189 00:11:18.409 --> 00:11:20.279 and most of its personalized. Right, you go and linked in profile, 190 00:11:20.519 --> 00:11:24.559 you are on a company website and you look for things that you can talk 191 00:11:24.639 --> 00:11:28.519 about. So I will essentially believe in a mixture. But where automation goes 192 00:11:28.679 --> 00:11:31.200 wrong is when people doing a spraying prayer approach to one lest. Yeah, 193 00:11:31.559 --> 00:11:37.389 you need to segregate your less and then build messaging around different triggers, job 194 00:11:37.470 --> 00:11:41.389 titles and industress. Yeah, yeah, that makes perfect sense. So let's 195 00:11:41.389 --> 00:11:43.389 speak about data. Very, very, very weight to pick two. So 196 00:11:43.509 --> 00:11:46.990 what you do is is fantastic. You know, you do the word see, 197 00:11:46.990 --> 00:11:50.139 it is that the cells, caudents, the message, the intelligence that 198 00:11:50.220 --> 00:11:54.419 you will put in. That is kind of the Ferrari of the campaign. 199 00:11:54.659 --> 00:11:56.340 Okay, and then you need two things around. You need the data and 200 00:11:56.419 --> 00:12:00.899 the VIDEA. Okay, the data would be the patrol that you put in 201 00:12:00.940 --> 00:12:03.009 the Ferrari and the VIDEA is the gate. We drives a Ferrari. Okay, 202 00:12:03.210 --> 00:12:05.850 if I Milton was to drive a Ferrari and I was to drive a 203 00:12:05.889 --> 00:12:09.730 Ferrari, he probably would finish the race before me because he's probably better driving 204 00:12:09.730 --> 00:12:13.049 academy. So and I think I think it's the same with BDL. So 205 00:12:13.330 --> 00:12:16.279 all those that take a system work with what you do. Do you have 206 00:12:16.399 --> 00:12:22.919 to drive specific discipline requirement from the data perspective and also specific discipline requirement from 207 00:12:22.919 --> 00:12:26.399 a bidia perspective, particularly for automosion? Is that available, just to make 208 00:12:26.440 --> 00:12:28.960 sure that they actually follow the rules and you know so? So I'd like 209 00:12:30.029 --> 00:12:31.269 to know on how you work with at ECO system, because this is a 210 00:12:31.350 --> 00:12:35.870 fair you may not be able to influence at Gross Jenny, but I'd like 211 00:12:35.909 --> 00:12:39.350 to understand what are the kind of any check in the process that you are 212 00:12:39.350 --> 00:12:41.710 having on both sides, from a data perspective and from a BIDEA perspective, 213 00:12:41.789 --> 00:12:46.139 to make sure that you know your Ferrari is actually moving from the driveway and 214 00:12:46.340 --> 00:12:50.379 is being driven properly. Yeah, but I love your metaphor and analogy of, 215 00:12:50.539 --> 00:12:52.779 you know, the car de Ferrari and the fuel and completely align that. 216 00:12:52.899 --> 00:12:58.250 The data such an important part and actually historically where I've seen campaigns fail 217 00:12:58.490 --> 00:13:03.210 in my last role and then with my clients is from data, because data 218 00:13:03.250 --> 00:13:05.009 is the first thing that if you get that one, then however good the 219 00:13:05.090 --> 00:13:09.289 be Dr is, they're not going to be successful. And in terms of 220 00:13:09.450 --> 00:13:13.320 we do have a big influence in our clients. So before the sales process 221 00:13:13.559 --> 00:13:16.039 and then in the first week of on boarding, we going to a lot 222 00:13:16.080 --> 00:13:20.000 of detail about the Cape. Where you getting your leads right, if you're 223 00:13:20.000 --> 00:13:24.039 doing cold outbound rather than just having load of inbound leads, where you getting 224 00:13:24.039 --> 00:13:26.279 your leads? I'm going to try and be vend the neutral here, so 225 00:13:26.360 --> 00:13:30.389 I'm not going to mention particular vendors. But yeah, essentially you need a 226 00:13:30.429 --> 00:13:33.269 data source right. There's so many data sources out there, so you need 227 00:13:33.309 --> 00:13:37.070 to establish a gay which is the best data source for our ideal customer profile. 228 00:13:37.149 --> 00:13:39.830 And then also it's like the text that what sales engagement platform you're going 229 00:13:39.830 --> 00:13:43.620 to use to reach these people. So we'll go into a lot of detail 230 00:13:43.700 --> 00:13:46.299 on that. And I think one of the things that I've seen that companies 231 00:13:46.379 --> 00:13:52.139 don't do is they get a data platform, but then they get their bedrs 232 00:13:52.259 --> 00:13:54.580 to spend all the time building lists, and what you want your bedrs to 233 00:13:54.659 --> 00:13:58.769 do is be doing outreach right. You want them to be a hundred percent 234 00:13:58.809 --> 00:14:03.570 focused on actually sending linkedin messages, sending personalize emails, making phone calls and 235 00:14:03.730 --> 00:14:09.330 not building lists or suddenly I always recommend our clients is either have like interns 236 00:14:09.490 --> 00:14:13.240 or like a junior sales person that's building. This will be videos, or 237 00:14:13.320 --> 00:14:16.919 outsource that as well, right, or outsource you're dated someone else, because 238 00:14:16.120 --> 00:14:20.879 for me that's the most frustrating thing when I hear videos. I spend fifty 239 00:14:20.960 --> 00:14:24.509 sixty percent of my time actually research and building less. You want them to 240 00:14:24.549 --> 00:14:28.389 be spending their time actually reaching out to people. That's the way. Something 241 00:14:28.509 --> 00:14:31.669 I mentioned to clients and something that I need to think about. Yeah, 242 00:14:31.830 --> 00:14:35.389 also, I'm a big believer in prospecting myself and I think that's kind of 243 00:14:35.429 --> 00:14:39.100 the way between that time. I would the driver make the most of the 244 00:14:39.220 --> 00:14:43.019 picture it is available in the cal basically, how do you drive efficiently? 245 00:14:43.379 --> 00:14:46.500 But I do believe that, without mentioning any name, but some of the 246 00:14:46.620 --> 00:14:52.500 larger that are base in the US are being absolutely ameled. So for the 247 00:14:52.580 --> 00:14:56.450 onguage, yeah, but I think they're just being pested those people. If 248 00:14:56.570 --> 00:15:00.409 your name is one of those large database, we know there extreme main names 249 00:15:00.490 --> 00:15:03.090 and some of them maybe to get on now. Actually, if your name 250 00:15:03.129 --> 00:15:05.690 is in there, I mean your fun must be ringing thousands of times a 251 00:15:05.730 --> 00:15:09.120 day because you've got dialers going at you, you've got people going at you 252 00:15:09.440 --> 00:15:15.799 and then your email inbox must be absolutely overwhelmed as well with marketing automation, 253 00:15:16.120 --> 00:15:20.480 people blasting stuff, etc. Etc. So we have actually seen as a 254 00:15:20.600 --> 00:15:24.190 company, we seen less results from and that's a shame because you know, 255 00:15:24.269 --> 00:15:26.870 sometimes you know, we always try to identify why your company is performing well 256 00:15:26.909 --> 00:15:31.190 versus another and the compaign that are performing the best. Obviously when we do 257 00:15:31.350 --> 00:15:35.100 your thoughts right, which is getting the cadens right and getting the message right, 258 00:15:35.220 --> 00:15:37.620 and he all start out with the sales playbook. And then the other 259 00:15:37.779 --> 00:15:43.019 part is when we actually kind of almost manually walk on the data. So, 260 00:15:43.100 --> 00:15:45.220 as you said, you know, get someone that build the data from 261 00:15:45.259 --> 00:15:46.340 the video, but not just stop and saying, how, you know what 262 00:15:46.379 --> 00:15:50.250 I'm going to do, an extract from the database and here is your list. 263 00:15:50.450 --> 00:15:54.730 Someone that actually go and check, verify, make sure that the contact 264 00:15:54.809 --> 00:15:58.090 out the right contact, because I do agree with you, and as a 265 00:15:58.129 --> 00:16:02.009 reason why you own the podcast today, about the searchy touches and really the 266 00:16:02.129 --> 00:16:03.799 only channel is so important. But then, when you think about it, 267 00:16:03.879 --> 00:16:07.159 what you want to do, your wants your video are not only to not 268 00:16:07.279 --> 00:16:10.399 go and get the data themselves, but also you don't want them to spend, 269 00:16:10.519 --> 00:16:12.600 I don't know, a couple of hours, three hours, going through 270 00:16:12.720 --> 00:16:18.200 search he touches or more potentially, because they've got a limited number of accounts. 271 00:16:18.240 --> 00:16:22.029 Yeah, it's very ABM focusing on the wrong people because of course they 272 00:16:22.029 --> 00:16:23.750 will be backing at the wrong tree. So that's that's kind of the the 273 00:16:25.110 --> 00:16:30.710 dilemma that we see sometimes and something that is actually quite case by case driven 274 00:16:30.750 --> 00:16:33.860 when it comes to solving it. But that's one of the major dilemma our 275 00:16:33.940 --> 00:16:36.500 clients. I kind of scratching the back of Din and say I don't understand. 276 00:16:36.500 --> 00:16:40.220 I've got that big database that spend the thousands of dollars on every year. 277 00:16:40.539 --> 00:16:44.539 I've got that beautiful sales playbook that we build ourselves or we used or 278 00:16:44.659 --> 00:16:47.139 you know, operatics. May I well Don doing bits and pieces. We 279 00:16:47.289 --> 00:16:49.730 don't really do it, but we kind of help with the feedback we're getting 280 00:16:49.730 --> 00:16:53.330 from the prospect but yeah, it's about how you get all that singing and 281 00:16:53.370 --> 00:16:56.850 dancing sometime the dilemma. So that's where I was interesting, but maybe maybe 282 00:16:56.929 --> 00:17:00.330 finnows our conversation. My call. I've got one last question for you and 283 00:17:00.409 --> 00:17:03.359 it's about the onder me. I'm sorry, we're all fed up with covid 284 00:17:03.400 --> 00:17:07.079 nineteen, but since the start of the Bundermick, have you seen a shift 285 00:17:07.319 --> 00:17:11.200 or change to our bump prospecting? Have you seen the way people are going 286 00:17:11.359 --> 00:17:15.950 about it to be different? I know that you're speaking about your two thousand 287 00:17:15.950 --> 00:17:18.190 and twenty one. You can then, so I'm sure you've got some finding, 288 00:17:18.269 --> 00:17:22.269 but I'd like to discuss your main findings and your show. That was 289 00:17:22.309 --> 00:17:25.470 our gent piece. Yeah, sure, so I'll go back to a stat 290 00:17:25.549 --> 00:17:29.150 that I mentioned earlier, so that the average connect rate for a cold cause 291 00:17:29.430 --> 00:17:32.859 about four percent. And this was again the only bander I've mentioned connecting. 292 00:17:32.900 --> 00:17:34.900 So I just because they have this data so you can look at ut across 293 00:17:34.980 --> 00:17:37.980 millions of calls. They said the average connects rate for a cold calls, 294 00:17:38.099 --> 00:17:41.420 essentially you receive a number on your phone you don't know who it is, 295 00:17:41.700 --> 00:17:45.490 is four percent. So it's like less than one in twenty. That's gone 296 00:17:45.529 --> 00:17:49.650 up actually by one percent to five percent right. That seems like a very 297 00:17:49.730 --> 00:17:53.089 small number of the connect rates gone up by one percent. If you're doing 298 00:17:53.410 --> 00:17:57.210 fifty calls a day or a hundred calls a day even you're going to get 299 00:17:57.210 --> 00:18:02.960 either one or two more conversations every day or two days with that stat and 300 00:18:03.079 --> 00:18:07.880 that means essentially, say you get four more conversations a week, that's sixty 301 00:18:07.960 --> 00:18:11.599 more conversations a month. I few of those turning to deals and you're selling 302 00:18:11.680 --> 00:18:15.269 into enterprise. That could be like millions, multi many of you've got lots 303 00:18:15.309 --> 00:18:18.509 of bdrs. That's, you know, potentially multimillions of revenue cost. So 304 00:18:18.950 --> 00:18:23.269 the point I'm trying to make is that actually cooling has become even more important 305 00:18:23.430 --> 00:18:29.019 this year and I think it's funny. There's always is these conversations like this, 306 00:18:29.220 --> 00:18:32.980 cold calling, Dad, etc. I think calling this year has it's 307 00:18:33.059 --> 00:18:36.180 become not easier, but the as I said, the connects rate has gone 308 00:18:36.180 --> 00:18:38.140 up and I think for me, I've always said, the phone is still 309 00:18:38.259 --> 00:18:42.809 the number one channel to prospect because you can have an interactive conversation. If 310 00:18:42.849 --> 00:18:45.650 I email you with a question, you don't really have to answer. If 311 00:18:45.690 --> 00:18:48.009 I linked in you with a question, you have to answer, where if 312 00:18:48.049 --> 00:18:51.769 I'm on the phone, ninety percent of the time you're going to answer because 313 00:18:51.769 --> 00:18:53.410 the only other thing you could do is hang up, which you know most 314 00:18:53.450 --> 00:18:56.160 people have the respect to not do that. Yeah, I think so. 315 00:18:56.160 --> 00:19:00.079 I think the phone has become even more important this year and then I think 316 00:19:00.160 --> 00:19:04.480 with the other channels, essentially I feel like it's become more difficult but it's 317 00:19:04.480 --> 00:19:07.160 also become more interesting. So I think, like you said, if you're 318 00:19:07.200 --> 00:19:11.950 like a sea level person at Microsoft or these big companies, you'll literally going 319 00:19:11.990 --> 00:19:17.230 to get two hundred prospects and emails a day. But your I still preach 320 00:19:17.390 --> 00:19:19.269 email but, like I was saying earlier, your messaging needs to be really 321 00:19:19.309 --> 00:19:22.230 good. So if you automate, you got to have a highly segregated list 322 00:19:22.349 --> 00:19:26.059 or if you're personalizing, you've got to really look into their linkedin profile and 323 00:19:26.140 --> 00:19:30.779 their company in order to stand out, because there's just so much noise on 324 00:19:30.859 --> 00:19:33.900 email now. Like you know, I'm a founder of a small company and 325 00:19:33.980 --> 00:19:36.579 I still get like a hundred emails a day. So I'm sure like big 326 00:19:36.660 --> 00:19:40.210 companies are getting thousands. So email can still work, but you've got to 327 00:19:40.250 --> 00:19:41.930 have really, really good messaging in order for it to work. So those, 328 00:19:41.970 --> 00:19:45.890 okay, the two find things that I've seen this year. Yeah, 329 00:19:45.890 --> 00:19:48.930 that's very useful, and then kind of send the same so be I'm glad 330 00:19:48.009 --> 00:19:51.690 we are under Sam ware Vlenc Yester, that that's fund off full. Well, 331 00:19:51.769 --> 00:19:53.359 look, make all as I said, probably a lot of food for 332 00:19:53.559 --> 00:19:57.039 sorts and thanks for sharing your insight today. I'd like to probably have another 333 00:19:57.160 --> 00:20:00.920 session with you because I''ve got a thousand more question but unfortunately we Gett into 334 00:20:00.960 --> 00:20:04.480 the time a location. We don't want to keep our session too long because 335 00:20:04.480 --> 00:20:07.829 we want people to be on gage of our short piot of time versues. 336 00:20:07.869 --> 00:20:11.869 Sir, getting on into a long conversation. So we probably will probably do 337 00:20:11.950 --> 00:20:15.549 another session, but if anyone wants to connect with you may call discuss some 338 00:20:15.670 --> 00:20:19.390 of the ads that you you present it today, are more importantly, would 339 00:20:19.390 --> 00:20:23.779 like to engage with cross Jenny to set up their own personalized archie touch on 340 00:20:23.819 --> 00:20:27.579 Nich channel out bound self scaddens. Yeah, that would be the best way 341 00:20:27.579 --> 00:20:30.619 to get hold of your Ma Col yeah, of course. So very active 342 00:20:30.900 --> 00:20:36.849 on linked en. So you search Michael Hanson Growth Jennie on linkedin connect with 343 00:20:36.970 --> 00:20:40.170 me that. I'm one of those people. I tend to connect with with 344 00:20:40.289 --> 00:20:42.210 everyone. So feel free to con out with me and yeah, feel free 345 00:20:42.289 --> 00:20:48.170 to send me an email as well. So it's M Hanson at Growth Juniecom, 346 00:20:48.650 --> 00:20:52.960 notcom everyone makes that mistake. I couldn't get actually docom unfortunately, but 347 00:20:52.079 --> 00:20:56.000 yeah, email or linkedin and probably the two best ways. That's from the 348 00:20:56.079 --> 00:20:57.640 full. Well, thanks again for your time today. May Call. It 349 00:20:57.759 --> 00:21:00.640 was an absolute pleasure to have on the show. Likewise, Ryan the other 350 00:21:00.759 --> 00:21:06.710 forward to continue in the conversation you've been listening to be to be read Neue 351 00:21:06.750 --> 00:21:11.029 acceleration. To ensure that you never miss an episode, subscribe to the show 352 00:21:11.150 --> 00:21:15.190 in your favorite podcast player. Thank you so much for listening. Until next 353 00:21:15.190 --> time,

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