Not-So-Ancient History vs Today
In the good ol’ days (say 10 years ago), cold calling was a standard sales tactic. With enough persistence, salespeople could get prospects to answer their phones (finally!) and meet to discuss upcoming purchases or projects. Sales management mantras included the familiar “up or out” approach: either the prospect was moving through the funnel and passing the company-designated checkpoints or else wasn’t worth the time.
The Inefficiency of Cold Calling
Everyone understood that cold calling was a standard weapon in the salesperson’s tool belt. It was also understood that it was inefficient. However, there were few alternatives.
What Happens If You Cold Call Now?
- You waste time leaving messages.
- There are few real opportunities to discuss product benefits and features with prospects.
- You miss opportunities to make sales and build rapport with prospects.
- You might get some brand impressions.
- You may get some sales rep name recognition, but it is not guaranteed.
The Internet’s Favor to Salespeople
Although not generally recognized, the Internet did salespeople a favor. It has changed the way prospects make purchasing decisions. They now typically drive the process themselves (in no small part to avoid pesky cold calls 🙂). Nowadays, prospects:
- Almost completely ignore their phones and cold unsolicited emails.
- Do online research to find companies that might meet their needs.
- Evaluate companies they are considering online,
- Reach out to vendors on their target list.
- Ultimately schedule the steps needed to finalize deals.
The Importance of Being on the ‘Short List’
In today’s world, if you don’t make the ‘short list’ compiled by the prospect, you may not know there was ever an opportunity!
Embrace Social Selling
So, if you want companies to find YOU and curate your business before they “raise their hand” that they’re interested, what can you do to BE THERE, to be “Top of Mind” when that time comes?
What is Social Selling?
Social Selling is a fundamental change in approach to the sales process that embraces the idea that prospects now drive the sales process, not salespeople. We believe there are three key components – pillars that support Social Selling success:
- Prospect-Relevant Content: The marketing team delivers relatable and meaningful content to sales team members for posting
- Consistent Quality Posting: Sales team members post insightful and helpful content on a regular basis to stay Top Of Mind for prospects.
- Authentic Personal Engagement: Sales also nurtures relationships in social by building credibility, establishing a rapport with prospects, and practicing social listening.
Why Social Selling is Better than Cold Calling
The results of effective Social Selling:
- Sales reps don’t have to focus on generating business
- Salespeople don’t waste time chasing prospects that aren’t interested
- Sales reps get to focus on the real tasks of closing business
- Sales reps form deeper, more authentic relationships with prospects leading to more sales
- Prospects can respond and engage when it is convenient for them
- Prospects feel like they have control of the sales process, and enjoy the process more as a result
LinkedIn research supports social selling:
- 92% of B2B buyers are willing to engage with a sales professional who is perceived to be an industry thought leader.
- 90% of top salespeople use social selling tools.
Now is the time to embrace Social Selling with Vsbl to take your sales to new heights. (You didn’t want to cold call anyway, right?)