You need a robust sales outreach strategy for your business success. And, if you ask why?
Then note that 80% of B2B sales require businesses to reach potential customers at least five times before closing the deal.
Plus, choosing the right outreach channel is equally crucial. It determines the effectiveness of your efforts.
Though you can access diverse communication platforms, they may not meet your expectations. Thus, you need to select strategically.
No worries because we are here to help you with our knowledge. Let us begin with understanding some fundamentals.
The term “Sales Outreach” refers to reaching out to potential customers with the aim of:
You can reach them via various channels, including:
Sales outreach helps you establish a connection and provide information about your product or service. It's a great way to convince your prospect to take a desired action, such as purchasing or scheduling a demo.
Among all, cold email proves explicitly to be one of the best approaches for custom prospect outreach. It lets you directly initiate contact with potential prospects without beating around the bush. Moreover, 8 out of 10 B2B buyers want brands to contact them by email than other channels.
One compelling reason to invest in cold emailing is that you can not woo B2B buyers with just an advertisement. These buyers seek:
-before investing in any product. Plus, 59% of B2B marketers suggest using email to satisfy prospects and generate higher revenue.
So, let us see how cold emailing helps you get your prospect's attention:
If you sell high Annual Contract Value (ACV) products, relying solely on inbound lead generation won't be the most effective strategy. It's because the B2B sales cycle is usually longer.
A study revealed a B2B buyer's journey from the initial touchpoint to the actual purchase can span approximately 102 days. This time frame increases if you count the time inbound content takes to attract leads. Considering the competition, contacting potential leads directly with cold emails is better.
Cold email outreach campaigns offer a distinctive avenue for personalizing your email messages. Here’s how:
All these are possible as prospect lists for cold outreach are diligently researched in advance. This research empowers your team to create content that speaks directly to the recipients' challenges and aspirations.
Before you begin your cold emailing, you follow a standard framework. It involves:
You can apply a similar framework for different campaigns of your sales outreach strategy. It could be for appointment setting or lead generation campaigns.
Another good thing about cold emails is that you can simultaneously send them to many people. It can range from 100s to 1000s per day. Thus, it makes it easier for you to boost your brand visibility quickly. However, always use reliable cold emailing tools to avoid becoming spam. These tools feature:
Compared to other channels, measuring email's performance is much more straightforward.
When conducting cold email outreach campaigns, you can gauge success with these simple metrics:
You can regularly measure these metrics to optimize your efforts progressively. It enables you to achieve more with a reduced workload.
You can expand your market reach by targeting customers who are not actively searching online. These individuals may prefer more one-on-one business meetings. But you still need to get their appointment.
Cold email outreach helps you introduce your products directly to potential customers. If they show interest, you can book the meeting, increasing your sales opportunities.
At Revnew, our seasoned experts follow a strategic outreach framework. Our experts have designed a 3-step framework to effectively reach B2B buyers by analyzing multiple case studies. Here is what the framework requires you to do:
Begin by crafting an ICP for your business:
Criteria | Characteristics |
Demographics | Age, location, income, job roles, etc. |
Firmographics | Company size, industry, etc. |
Behavior | Past purchases, interactions, etc. |
Psychographic | Beliefs, interests, goals, motivation, values, opinions, etc. |
Revenue Size | More than $300 million annually |
Employee Count | At least 100 LinkedIn-verified employees |
Employee Structure | Must maintain an in-house media team |
Type of Product Sold | Direct manufacturer |
Mutual Goal | Focus on increasing brand awareness |
Segmenting helps you modify your messages according to the unique preferences of different lead categories.
Here are a few tips to follow:
For example, your value proposition for a segment of finance professionals who need reliable and efficient payment management software could be:
"Sync your financial world effortlessly. Our payment management software seamlessly integrates with popular platforms, making it a breeze to link your accounts, manage transactions, and gain a comprehensive view of your financial health—all in one place."
Examples:
Gaining the trust of your B2B buyers won’t happen through a linear process. Thus, your cold emailing strategy needs to accompany other channels as well. It is the differentiator that makes Revnew’s framework more impactful.
Here's how you can follow the same:
While reaching leads, start with cold emailing, as people usually check their inboxes first at work. 10:00 AM is the peak time for open rates. Other good times are 3:00 PM and 4:00 PM.
However, if leads click on your links but do not respond to you, switch the channel.
It will establish a foundation for further conversation. The best time for warm calls is between 4:00 to 5:00 PM.
However, you can also send them voice notes along with calls. There may be instances that the lead you are pursuing is not precisely the decision-maker for purchase. They may redirect you to the right stakeholder.
In this scenario, you should again cold email the new stakeholder, follow up with them, and gauge their interest in your product. There's a higher chance they'll respond.
This comprehensive guide shares invaluable tips for effective outreach and sales engagement. Apply them to elevate your sales game. Harness the power of personalized touch, and watch your business soar.
You can take your outreach to new heights with Revnew, the premier lead generation agency specializing in outbound strategies like cold email. Explore our bespoke solutions tailored to your needs by contacting us today.