
Make It Happen Mondays - B2B Sales Talk with John Barrows
Armand Farrokh and Nick Cegelski: Cold Calling Sucks (and That’s Why It Works)
Aug 19, 2024
Armand Farrokh and Nick Cegelski, founders of '30 Minutes to President’s Club' and authors of a groundbreaking book, dive into the world of cold calling. They discuss insights from analyzing over 300 million calls, revealing that success hinges on tone and accurate data. The duo emphasizes a multi-channel approach and shares practical tips for overcoming objections and engaging gatekeepers. With humor and authenticity, they advocate for a human touch in sales, making cold calling a crucial strategy in today’s tech-driven landscape.
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Quick takeaways
- Cold calling remains a powerful strategy that can enhance overall sales performance when combined with data analysis and targeted outreach tactics.
- Top sales performers prioritize data quality and systematic follow-up, transforming their cold calling efforts into meaningful engagements and successful meetings.
Deep dives
The Value of Cold Calling
Cold calling is still an effective sales strategy, despite skepticism about its relevance today. Research indicates that cold calling can significantly enhance email response rates, with individuals who make cold calls experiencing a rise from 1.81% to 3.44% in email replies. Additionally, while average cold callers may secure just a couple of meetings from extensive dialing, top-performing sales reps have demonstrated that effectively executed cold calls can yield 18 meetings from similar efforts. The distinct advantage of cold calling lies in its capacity to create awareness of one's outreach, presenting it as a valuable component of a comprehensive sales approach.
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