Join marketing leaders Udi Ledergor, Jon Miller and Pete Lorenco for a discussion on the future of content marketing. The post The Future of Outbound: An Ecosystem-Led Approach appeared first on GTMnow. Hello and welcome to The GTM Newsletter – read by over 50,000 revenue professionals weekly to scale their class=”button and careers. GTMnow is the media brand of GTMfund – sharing advice on go-to-market from working with hundreds of portfolio class=”button and the insight of over 350 of the best in the game executive operators behind the fund. They have been there, done that at the world’s fastest growing SaaS class=”button. This week’s newsletter is brought to you by Apollo. Stop paying for standalone sales tools that are costly and inefficient for training reps on. Cut your costs by over 50% through consolidation, while making training easier. Apollo.io combines multiple functionalities (prospecting, multichannel engagement, call recording, robust analytics) in one platform, minimizing the need for various tools. Millions of sellers at over 500,000 class=”button use Apollo to drive revenue. They have over 7,000 reviews and a 4.8 star rating on G2. See how it all works here. Covered today: Cold calling tips for leaders and reps. More on GTM for your eardrums. More on GTM for your eyeballs. Startup to watch. Hottest GTM jobs of the week. GTM industry events. Subscribe now Cold Calling Code for Both Leaders and Reps Cold calling is one of the few activities in go-to-market that remains a constant regardless of company stage of scale. For startups, cold calling is often a lifeline for growth. For larger class=”button, cold calling is a beating drum in the overall orchestra. According to Salesforce’s State of Sales report, over 50% of high-performing sales teams continue to rely on outbound strategies, including cold calling, as a key part of their approach. This trend is consistent across both small businesses and large enterprises. This notion is echoed when speaking with go-to-market leaders. “Surprisingly, cold calling is not dead. It’s still the best way to really drive your message home. For example, in the last year or two, I kept receiving calls from the same salesperson. Out of the 50 calls I get daily, I answered about five or six a week, often by accident. This salesperson managed to catch me at the right moments – like when I was in the car with my kids or had a meeting cancel unexpectedly. His persistence paid off because each time he reached me, he made an impressive pitch in those crucial first 30 seconds. His approach was so effective that I ended up buying the software, which we now use to enhance our own cold calling efforts. – David Greenberger (Vice President, Head of North America at CHEQ) The value is there for class=”button of all stages. Below are five cold calling tips for both sales leaders and sales reps – let’s get into it. Tips for sales leaders 1. Set clear expectations. Establish minimum viable activity metrics, such as 150-200 cold calls per week, to ensure consistent engagement without overwhelming your reps. The magic formula is finding the activity metrics that balances both quality with quantity. 2. Cultivate a cold calling culture and lead by example. Normalize rejection as a step toward success. Rejection is a data point that provides feedback so you can iterate. Lead by example – when leaders actively engage in cold calling, it reinforces its importance to the team. Anyone who has made a cold call can certainly agree that it’s not only a humbling exercise, but a great feedback loop from your ICP. 3. Equip your team with the right tools (and training!). Invest in platforms and tools that streamline cold calling efforts. For example, consolidating standalone tools into one platform and parallel dialers. 4. Motivate with gamification and incentives. Create healthy competition within your team using leaderboards and contests. Reward both the quantity of calls and the quality of engagements. 5. Align cold calling with broader sales strategies. Integrate cold calling into a multi-channel outreach strategy, ensuring consistency across all touchpoints, including email campaigns and social selling. Tips for sales reps 1. Tackle cold calling first thing in the morning. Make cold calling your first task of the day when connect rates are highest. Use tactics like the “10 dials, no pee” rule to overcome reluctance and build momentum. 2. Perfect your opener. Avoid generic openers. Instead, lead with a context-specific statement that shows you’ve done your research. Example opener:“Hey [Prospect], I just finished reading your latest report on [specific topic]. This is a cold call, but it’s well-researched. Can I get 30 seconds to tell you why I called?” 3. Focus on the problem, not the product. When pitching, emphasize the specific problem your product solves rather than its features. 4. Handle objections by agreeing then asking a trap question. When faced with objections, agree with the prospect first to lower their defenses. Then, ask a “trap question” that subtly highlights a gap in their current solution. Example objection handling:“Prospect: “We’re already working with [Competitor].”You: “Great choice, [Competitor] is solid. That must mean you’re not dealing with [specific problem your solution addresses], right?” 5. Integrate cold calling with email outreach. Use a multi-touch approach by following up cold calls with personalized emails. Share If you share on social, make sure to tag GTMnow so we can see your takeaways and help amplify them. More for your eardrums The GTM Podcast – subscribe on Apple, Spotify, YouTube or wherever you listen. GTM 106: Mastering the Transition from PLG to PLS with Andrew Johnston Andrew Johnston is currently the Head of Sales at Superhuman, where he leads the go-to-market strategy as part of the executive team. Previously, he built the Mid-Market and PLS motion at Scale AI and led the global sales team at SendGrid following its acquisition by Twilio and its IPO. More for your eyeballs AudiencePlus hosted their conference Goldenhour in Brooklyn, NYC. Many wonder what goes on behind the scenes leading up to conferences, and AudiencePlus is producing a video series drawing back the curtain on the GTM called No Sleep Till Brooklyn. Marketing needs to evolve to something that AI can’t summarize: experiences. Startup to watch Vanta – listed on Forbes’ Cloud 100 List. This is Forbes’ ninth annual list of the world’s top private cloud computing class=”button. Hottest GTM jobs of the week Growth Marketing Manager at Owner (Remote – US & Canada) Enterprise Account Executive at Patch (London) Market Development Representative at Patch (London) Major Account Executive (Oil & Gas) at Armada (Remote – US) Pricing & Monetization Strategy Lead at Atlan (Remote – US) See more top GTM jobs on the GTMfund Job Board. If you’re looking to hire incredible startup talent, reach out to our search firm partner as a resource: Integrity Power Search (IPS). They are also available to support candidates looking for their next startup opportunity. GTM industry events Upcoming go-to-market events you won’t want to miss: Catalyst 2024: August 14 -16 (Chicago, IL) Live Book Summary on the Cold Calling Manuscript: August 14 (Online) SaaSOpen: September 5 – 6 (NYC) SaaStr Annual: September 9 – 12 (Bay Area, CA) GTMfund Dinner: September 17 (Boston, MA) INBOUND: September 18 – 20 (Boston, MA) GTMfund Annual Retreat: October 4 – 6 (San Diego, CA) GTM Summit: October 14 – 16 (Austin, TX) Subscribe now Barker This newsletter was entirely written and edited by myself (Scott Barker), Sophie Buonassisi, Armand Farrokh, and Nick Cegelski (not AI!). If this was forwarded to you, sign up here to get the newsletter every week. The post The Cold Calling Code appeared first on GTMnow.
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