Cold Calling Techniques: Success Formula.

by Phil Polson on February 21, 2013

Cold Calling Techniques & Tips that work.

Cold Calling Techniques

Picking up the phone and dialing for dollars!

Although now a much maligned method of selling,  is still one of the fastest, easiest and most cost effective ways of opening the door for conversations with people we would like to eventually  become our happy clients.

Odile defines cold calling as : Initiating Customer Conversations with someone you don’t know but would like to know for the sole purpose of doing business.

Cold calling techniques

We at Sales Drive know that creating new prospective sales takes a range of sales and marketing options. Some more effective than others and we have way too many private clients making their fortunes by cold call telemarketing so we would never write cold calling off as a very viable sales option….

Any top Sales Director would recognize the folly of ignoring telemarketing altogether, a person who has never been in sales before might believe that you can eliminate the cold call from the sales and marketing mix but compared to cold calling the internet is still a bit of the old wild west when it comes to guaranteed solutions. No doubt one day it will happen.

Odile Faludi has turned teaching cold calling techniques into a fine art.

She has adopted the methods of other experts and especially thanks Chip and Dan Heath for introducing her to this time proven success formula. Making Your Presentation Stick Chip & Dan Heath.

Variations of which have been passed down from telemarketer to telemarketing trainer over the last 30 to 40 years.

For another view on whether a cold call works here is an interesting post by Barbara Giamanco:

Does Cold Calling Still Work? | scs-connect.com

In this day and age, many unsolicited sales calls go unanswered. Modern sales and marketing professionals are up against savvy buyers who have easy access to detailed product information on the Web and through Social……

 Odile’s Tips for Successful Cold Calling include:

Facing rejection – remedying the Yuck Factor

  • Rejections can be demoralizing.  A stream of rejections might lead to catastrophic anxiety like, “I can’t do this – I’ll lose my job. I’ll never be able to make a living.” The good news is that rejection is to be expected. Keep a sense of humour and always maintain the highest level of customer service.
  • Don’t let rejection prevent you from moving up; don’t let it get in the way of making decisions. Move to the next opportunity otherwise it will cost the business money. Don’t let your emotions control you. Stay focused. Pick yourself up, dust yourself off and discover your true potential!
  • Successful people have often experienced rejection. Being told, “No” many times but this has only heightened their resolve to get a “Yes” for a business development meeting. You can spend millions on R & D but if you cannot get sales it is a big waste of time and money. Success and failure go hand in hand.
  • When criticism comes during a sales call – first listen to it then put it in perspective. What is “factual criticism” and what “stories” do we tell ourselves. Taking in the criticism is a bitter pill for the ego, but a necessary medicine. There may be some truth that you need to acknowledge. Get beyond your ego and hear what is actually contained in the criticism.
  • Remember, sometimes it is nothing personal. This person does not know you… they may be having a bad day too. Being fully prepared prior to telephoning prospects will lessen the number of rejections and also help with anxiety.

Despite the proliferation of the so-called self promoting internet gurus who often claim the much more fanciful alternatives of lead generation claiming you are crazy if you are cold calling.

The only problem is you have buy there books to find out how. Then you have to spend years gathering all the new digital skills and hoping they work!

Picking up the telephone is a much easy alternative.

To listen to the full radio interview that UK based Sales Drives Senior Partner Ivor Kellock has conducted with Odile please click here http://bit.ly/YBKBDk.

For further information about telemarketing and cold calling please feel free to contact Odile directly: Odile.Faludi@ensemblepartners.com.au

 

“By failing to prepare,you are preparing to fail.” - Benjamin Franklin

Odile Faludi

Telephone: 0425 250 677

Please visit Odile’s LinkedIn page

http://www.linkedin.com/in/odilefaludi

Cold calling techniques and tips for cold calling by Odile Faludi

Structured Data, Review
Title: Cold Calling Techniques: Success Formula.
Reviewed by Maya Saric on Feb 21
Rating: 5.0
Summary: Cold Calling Tips to start a new client relationship.
Description: Odile has a fabulous knack for connecting with people combined with a natural interest in helping others achieve their goals which makes her a great conduit for starting new business relationships that flourish to real win-win outcomes. A real talent for creating new business!
Structured Data, Event
Name: Cold Calling Workshop
Date and Time: 06/05/2013 09:30
Location: Ensemble Partners
Street: Level 15, 101 Grafton Street, Westfield Tower 2

Locality: Bondi Junction, Sydney
Region: NSW, Australia

{ 27 comments… read them below or add one }

ilona sheridan February 21, 2013 at 10:25 pm

Hi Odile

What a great and inspiring presentation.
You remind us, and give us great tips in a way that is so easy to remember !

thanks,
ilona

Reply

Phil Polson February 22, 2013 at 9:21 am

#sales
Thanks Ilona,

Odile made a cold call that became a $500,000 client. Cold calling still a good sales tool.

Phil Polson

Reply

Odile Faludi February 22, 2013 at 11:39 am

Thanks Phil and Ilona.

Starting customer conversations Workshops are run each month in Bondi Junction, Sydney. Or alternatively book in your team for a personalised session.

What conversation does is create opportunities to buy rather than sell… it builds rapport. But how do you start the conversation? Come and learn…

Odile Faludi, Ensemble Partners,
odile.faludi@ensemblepartners.com.au

Reply

Deborah Terley February 23, 2013 at 6:23 am

Well done Odile! You are absolutely right in all that you are saying. Its a matter of being able to connect and build rapport, staying focussed and keeping a vision.

Reply

Phil Polson March 8, 2013 at 12:06 pm

Thanks Deborah,

For your input, glad you like the post.

How important is cold calling in your organisation?

Love to hear some of the success or otherwise stories.

Warmly,

Phil

Reply

Jason Baudendistel March 17, 2013 at 12:27 pm

This is really some amazing strategy being shared here. Marketing has gone digital but too many overlook the value of keeping the basics involved and how much value you recieve from a diverse marketing plan.

Reply

Phil Polson March 17, 2013 at 12:35 pm

#sales
Thanks Jason,

The huge question to me is “Are people converting internet traffic to dollars or is the digital marketing age really just all hype?”

We are encouraging everyone to keep all options open with consideration to all traditional methods such as cold calling because lower marketing costs doesn’t necessarily equate to more sales at better margins.

Warmly,

Phil Polson

Reply

Odile Faludi March 17, 2013 at 12:54 pm

Hi All,

Great to see this conversation evolving. If we don’t talk we certainly can’t progress and build relationships. I am not suggesting you just cold call to widen your business net. I am suggesting it is one of many things amongst your sales repetoire that you use to start conversations with people you don’t know for the sole purpose of doing business. I would love to hear what is your greatest challenge when speaking to someone you don’t know? I will attempt to address all of them… so go for it! Best regards, Odile Faludi, Business Development Consultant.

Reply

Paddy Sweeney March 17, 2013 at 2:00 pm

This isn’t just excellent it’s absolutely essential regardless of the size of your new business generation budget: My business is all about helping folk build and implement Low Cost – No Cost Sales and Marketing plans. At the head of the most cost effective sales methods is “Cold Calling”, only we call it “Gold Calling”. Thanks to folk like Odile, Phil and Ivor, this literal Gold Mine of business is alive and well. Anyone who takes these ideas and develops them into an art form cannot help but do well.

Reply

Odile Faludi March 18, 2013 at 9:28 am

Hi Paddy,

I love your term, “Gold Calling” you are so right…starting customer conversations creates a golden opportunity.

Thanks
Odile

Reply

Geoff H McDonnell March 17, 2013 at 2:01 pm

Cold calling was the basis of business, where trading started. Social media may be more palatable but it is hundred times easier for the prospect to fob you off there than it is, if being cold called by phone or face to face.
To make it easier for you, ring/ call on the prospects after their meal breaks when they will be more relaxed and also ring them late in the business day when they have done everything for the day and may have spare time on their hands or just be clock watching.

Reply

Geoff H McDonnell March 17, 2013 at 2:03 pm

Cold calling was the basis of business, when trading started. Social media may be more palatable but it is hundred times easier for the prospect to fob you off there than it is, if being cold called by phone or face to face.
To make it easier for you, ring/ call on the prospects after their meal breaks when they will be more relaxed and also ring them late in the business day when they have done everything for the day and may have spare time on their hands or just be clock watching.

Reply

FERGUS March 17, 2013 at 2:05 pm

Great to read more about the value of old school marketing

Reply

Debbie Carr March 17, 2013 at 5:21 pm

I’ve spent the last few years being brainwashed that email marketing was the go. Now to me that seems to be more of a nuisance to recipients than a friendly voice. I have such a vast network online…literally thousands of contacts so no call will be ‘cold.’ What I am looking forward to learning from Odile at her workshop is how to start the conversation.

Reply

Kit March 17, 2013 at 5:22 pm

REALLY enjoyed reading this Guys…Well written …clear & concise…
Peoplestruggle with ” cold calling ” as they dislike rejection …however they are not alone ,most people do not like the feelings associated with been rejected.
A couple of possible ideas to try which do not cost anything…
If physically cold calling greet everone with a genuine smile…there is an old adage been….
A Smile is a Curve That Sets Things Straight …
a smile disarms…even if the reaction is no it will be given with grace.

Try it on the phone…people can hear warmth and respond in kind…even in rejection

Every win should be celebrated…winners are grinners..
Good hunting…

Reply

Odile Faludi March 18, 2013 at 9:31 am

What’s the saying, “When you smile, the whole world smiles with you!” Thanks Kit and keep smiling. Best, Odile

Reply

Tansy Grant March 17, 2013 at 9:39 pm

How refreshing to hear about the basics again ! With all the hype about internet marketing , overwhelming comes to mind. When I started in sales 20 odd years ago “cold calling” was king & very sucessful it was too – thank you for reminding me !

Reply

Jason Royal March 18, 2013 at 8:22 am

Odile, thank you. The simplicity and potency of your insights and your SUCCESS formula are so valuable. Especially the “S” – Simple part. Especially love your observation about “the curse of knowledge.” Glad I was referred to your interview. Am now working on how to integrate your starting conversations approach to add another dimension to our business.

Reply

Phil Polson March 18, 2013 at 8:59 am

#sales
Thanks Jason,

Please let us know if there is anything we can help you with as your sales and social community resource.

Phil Polson

Reply

Phil Polson March 18, 2013 at 9:03 am

#seo

Thanks Tansy,

20 years ago? You must have started young:-)

Odile has now made cold calling a serious cost effective sales weapon again with a new modern twist. I am sure you will love her program and with the food she puts on at the program you won’t need to eat for the rest of the day.

Let me know how we can be of help in your new venture!

Phil Polson

Reply

Dr. Sheila Murray Bethel March 19, 2013 at 10:09 am

Dear Odile,
You are spot on. When a person learns how to cold call properly by respecting peoples time, have a values based “script”, which means it is tailored to each call, has done their home work about the prospect they are calling, good follow up and a good product………it can be magic!
You are doing an excellent job….keep it up.
Best wishes,
Dr. Sheila
Dr. Sheila Murray Bethel. Best Selling Author, Global Expert on Leadership and Change

Reply

Odile Faludi March 19, 2013 at 10:32 am

Dear Dr Sheila,

Thank you so much for taking the time to leave a comment. Your words of wisdom are very much appreciated. I am a big fan of yours! Take care, Odile

Reply

Phil Polson March 19, 2013 at 10:44 am

#sales
Thanks Sheila,

From what I see in the States now it seems the corporates are all cut, cut, cut?

You need Odile over there and change that to sell, sell, sell:-)

Odile made 9 highly targeted c-suite fixed appointments yesterday.

Warmly,

Phil Polson

Reply

Odile Faludi March 19, 2013 at 10:46 am

Thanks Phil. It was actually 10 C-suite appointments…but who is counting! Best, Odile

Reply

Phil Polson March 19, 2013 at 5:26 pm

#sales
My apologies Odile, I am counting.

St Patrick’s Day celebrations must be still slowing me down a touch!

10 was the precise number:-)

Reply

Jason Royal March 19, 2013 at 4:46 pm

Excuse my ignorance guys but what is a C-suite appointment?

Reply

Phil Polson March 19, 2013 at 5:21 pm

#sales

Hi again Jason thanks for that timely clip around the ears for using jargon and assuming everyone understands it. We preach that as a sales no -no and you have caught us out, well done:-)

From Wikipedia the definition of C-Suite is as follows:

“Publicly and privately held for-profit corporations confer corporate titles or business titles on company officials as a means of identifying their function in the organization. In addition, many non-profit organizations, educational institutions, partnerships, and sole proprietorships also confer corporate titles.

The highest-level executives are usually called “C-level” or part of the “C-suite,” referring to the 3-letter initials starting with “C” and ending with “O” (for “Chief … Officer”); the traditional officers are Chief Executive Officer (CEO), Chief Operations Officer (COO), and Chief Financial Officer (CFO). Chief administrative officer and Chief risk officer positions are often found in banking, insurance, and other financial services companies. Technology companies (including telecom and semi-conductor) (now IT sector companies also) tend to have a Chief Technology Officer (CTO), while companies with a strong Information Technology (IT) presence have a Chief Information Officer (CIO). In creative/design companies (such as film studios, a comics company or a web design company), there is sometimes a Chief Creative Officer (CCO), responsible for keeping the overall look and feel of different products, otherwise headed by different teams, constant throughout a brand. Additionally, though 60% of the Fortune 500 companies have a Chief Diversity Officer (CDO) or Diversity leadership position, this and many other C-level titles are not necessarily universally recognized as Corporate Officers, and tend to be specific to particular organizational cultures or preferences as employees.”

Reply

Leave a Comment

{ 1 trackback }

Previous post:

Next post: