Telephone prospecting:
how to optimize the performance of your
telephone prospecting campaigns?

Cold calling is still widely used by businesses to find new clients.
Its main advantage is that it allows for direct telephone contact with the prospect.
However, decision-makers are becoming increasingly difficult to reach.

How to optimize the performance of your telephone prospecting campaigns?

Article Summary

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What is telephone prospecting?

Telephone prospecting refers to all commercial actions carried out by telephone with the aim of finding new customers for one's business.

In general, these telephone actions consist of contacting a potential buyer in order to obtain a business appointment.

Telemarketing is often disliked by buyers who find it intrusive. Salespeople, for their part, consider it thankless and difficult due to recipients' reluctance.

Nevertheless, it has certain advantages which justify the continuation of the practice despite the reservations.

 

Why use telesales?

Cold calling is a delicate exercise that doesn't always inspire overwhelming enthusiasm among salespeople. Yet, prospecting by phone remains essential to a company's customer acquisition strategy, even in the digital age.

While companies are certainly investing in inbound marketing and digital prospecting techniques, there's still a great deal of mistrust among salespeople regarding inbound leads. Many believe that inbound marketing generates leads but complain about lead-to-customer conversion rates.

Indeed, without direct contact, it is not always easy to accurately assess the prospect's level of maturity.

That's precisely the great advantage of phone calls.

Because the salesperson has the prospect directly online, they have access to their reactions. They can respond live to their objections and influence their decision. 

Thus, telemarketing makes it possible to better qualify the prospect and obtain information at that precise moment about their problems, obstacles, needs, projects, etc

However, to achieve this level of precision in qualification, it is necessary to have a perfect mastery of telemarketing techniques and to have prepared one's calls well.

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How to properly prepare your telephone prospecting: ?

Select and analyze the prospects to contact

Before taking action, you must first establish a telephone prospecting file: containing the contacts to call. 

This step is essential to the success of telephone prospecting efforts for several reasons.

First, if you call contacts from an outdated database, the campaign's ROI will be lower. By trying to reach contacts who no longer exist, are no longer employed, or are not the decision-maker, sales teams waste time and energy. This generates frustration and hurts performance. It's also essential to clean the database, particularly by merging duplicates.

Next, you need to ensure that the contacts you call correspond to your company's business targets. When building your telephone prospecting list, you should carefully select contacts based on company type, industry sector, revenue, target geographic area, and also job title.

However, selecting prospects to contact isn't enough. You need to go further and investigate to gather as much useful information as possible before making contact by phone. To do this, you can use data collected by your marketing team and/or cross-reference the information in your contact list with your contacts' LinkedIn profiles.

 

Prepare your telephone prospecting call script:

The success of a sales call depends on the quality of the telephone conversation you have with your contact. 

If you've segmented your contact database beforehand, you already know some general characteristics and issues about your target audience. The goal is clear: to get a meeting. These are your starting point and your end point.

Now, the success of your cold calling sales approach depends on the path you take to get from one point to the next. A phone script allows you to structure your calls and prepare your sales pitch. It's a written document in which you establish the standard structure of a call.

A good sales script consists of the following elements:

  • The initial contact: it must be short and impactful. You only have a few seconds to introduce yourself and convince your interlocutor to continue the conversation.
  • Key arguments: these serve to maintain the prospect's attention and encourage them to accept a sales meeting. It is advisable to list the key points of your offer that address the problems of your target audience.
  • Handling objections: When developing the script, you must anticipate the objections of your contacts and prepare precise responses. 
  • The closing: the desired conclusion is to schedule a meeting. This involves summarizing the key points of the interview, confirming the meeting, and specifying the details.

Depending on the information you have about a prospect, the key arguments will vary. Similarly, each person will have different objections. Therefore, the script is neither a linear framework nor a mantra to be recited systematically.

On the contrary, a good script anticipates different scenarios. It's similar to a decision tree with various branches. Depending on the prospect's reactions, the conversation will take a different turn. Therefore, rigid scripts should be avoided to maintain agility.

 

Planning your telephone prospecting activities

The lists of prospects to contact are ready. The sales teams have prepared a detailed call script. It's almost time to get started.

Now is the time to finalize the practical details. Preparation is key in telemarketing. Nothing should be left to chance. Planning your actions maximizes performance.

First and foremost, it's important to decide whether to handle the phone outreach internally or outsource it. In B2B, targeting decision-makers, it's often preferable to entrust telephone prospecting to your own sales team, who are well-versed in the sales pitch and have a good understanding of the target buyers.

Next, based on the segmentation, each prospector should be assigned the segment they know best, the one in which they perform best.

Finally, the sales manager sets performance targets for telemarketing campaigns. The number of appointments booked, the appointment-to-call ratio, and the number of calls handled are common targets for a phone campaign.

From this perspective, it's about finding the right balance between ambition and realism. Indeed, if cold calling is not well-received by salespeople, it's partly because they consider the assigned targets to be often unattainable.

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How to make successful cold calling campaigns?

Passing the secretary's barrier

You have meticulously prepared your telephone prospecting campaign and your sales pitch. But, when you take action, a first obstacle stands in the way of your sales representatives: the secretary.

Decision-makers are in high demand and are reluctant to take calls from salespeople. Therefore, the secretary acts as a filter, sorting through calls to distinguish between "useful" calls and cold calling.

You probably know the drill? "It's not available, please call back later." And, later, it starts all over again…

How can you bypass this "secretary barrier" that wastes so much of your time, generates frustration, and harms the performance of your campaigns?

First method: the pushy approach. Introduce yourself in a firm and decisive tone: "Good morning, Madam, Pierre Durand, from MagiLeads. Could you put me through to John Doe, please?" This method aims to make the person think you know them personally and that your call is important.

Second method: the workaround. You find out the secretary's opening hours and make sure to call when the secretary is no longer there. Indeed, there's a good chance that the person you're speaking to will arrive earlier and/or leave later than their secretary.

 

Finding your telephone voice

In telemarketing, everything hinges on your voice. It must be firm, warm, and pleasant. Pay attention to your pace too. Speak calmly and clearly. 

Throughout the interview, you must appear calm, motivated, and in control. Your interviewer will quickly sense if you are uncomfortable or lack confidence. They will exploit any weakness.

Even if the prospect raises objections, you must under no circumstances deviate from your professional attitude.

 

State the purpose of the phone call

In the structure of your telephone interview, the first step is to introduce yourself and briefly explain the purpose of your call.

To help the person you're speaking with identify you, start with your first and last name, as well as the name of your company. Then, in a few quick and clear sentences, explain the reason for your call.

Since you've prepared the call, you've undoubtedly listed some arguments likely to resonate with the prospect's concerns. These are the elements you should emphasize in your initial pitch.

This is by no means about reciting your entire sales pitch. The idea here is to:

  • starting from the supposed problems of your contact
  • to ensure that he is indeed experiencing this problem by asking him for confirmation
  • Explain concisely how your offer addresses this

The movement therefore always flows from the prospect towards your proposal. If you launch into a long monologue about the merits of your offer, the prospect will not feel involved and will only want one thing: to hang up.

 

Maintaining the prospect's attention during telephone prospecting

You have a specific goal in mind: to secure a business meeting or, more rarely, to make an online sale.

To achieve this, you need to maintain the prospect's attention throughout the entire phone call. This is one of the reasons why reciting your sales pitch is unproductive.

Telemarketing also serves another purpose: gathering additional information about the prospect. They may not have an immediate need requiring a quick appointment, but they could still be interested in your offer and/or have a related project in mind for the medium or long term.

In all cases, the purpose of a prospecting call is to qualify the prospect for future contact, whether near or far. This is why active listening and questioning are central to the success of sales calls.

 

The art of asking the right questions

Bad telemarketers think that what makes the difference is their ability to present a multitude of arguments. In this view, a good salesperson is one who speaks eloquently, a "talker.".  

That's quite far removed from the reality on the ground. A good telemarketer knows how to maintain their prospect's attention and practice active listening.

Before you called, the prospect wasn't particularly interested in your offer. They might have been perfectly content in their relative ignorance. You've captured their attention. How do you maintain it and turn it into genuine interest?

The goal here is to find the points of contact between your offer and the needs of the person you're speaking with. But the prospect isn't going to elaborate at length on their problems. The only way to understand them is to get them talking.

To do this, you need to master the art of asking questions. To gather information, you must ask open-ended questions:

  • What challenges are you facing?
  • How are your performances evaluated?
  • What solutions have you put in place to address these challenges?

These types of questions open up the discussion and give you clues for how to structure your arguments. However, when you want to focus on a specific point, you can delve deeper by asking rhetorical questions that will require the prospect to answer affirmatively. For example, you can rephrase a point they raised and ask for confirmation. 

This alternation of open and closed questions should allow you to lead the prospect to where you want them to be: your offer is the solution to the challenges they face.

 

What is active listening during telephone prospecting?

What if listening was the primary quality of a good telemarketer? 

The quality of a prospecting call depends on asking well-balanced questions of the person on the other end of the line. The goal is to discover, not to interrogate.

But asking questions is pointless if you don't know how to listen properly to the answers. Not just hear. Listen.

Active listening involves recording the prospect's responses and using this information to guide the conversation towards its objective. To do this effectively, the telemarketer must take notes during the call, ensure they have fully understood the prospect's message, rephrase as needed, and develop appropriate responses.

But truly listening goes even further. It also means hearing what the other person isn't necessarily saying. Interpreting silences. Realizing when the prospect is straying from the question and digressing. Refocusing the conversation on the issue that interests you to gather the desired information.

Finally, active listening also allows you to detect signs of interest in the prospect. If they start asking you questions about your offer, specific features of your solution, or your pricing, it means their attention is turning into genuine interest. In short, you're close to your goal.

 

Responding to telephone objections

Over the phone, it's common for a prospect to raise a number of objections. There are two main categories:

  • Formal objections: these are objections aimed exclusively at prematurely ending the appeal.
  • Substantive objections: you have gained the prospect's attention but they are digging deeper to make sure your offer is of interest to them.

Here are some common procedural objections and the countermeasures you can use against them:

  • “I’m busy, I don’t have time”: in this case, simply suggest a new time slot. By giving a date and time, you increase your chances of successfully scheduling a new call.
  • "Call me back in X months": get your prospect talking: why the delay? Will the situation have changed? Does the need still exist in the medium term? Will a budget have been released by then?
  • "Send me your information by email": you agree and offer to call the prospect back a week later to answer their questions.
  • "I'm not interested! / I don't need anything / I already have what I need": introduce a problem and offer to explain how your solution addresses it.
  • "I'm not the one who deals with it": take the opportunity to get the contact details of the person to contact.

Substantive objections arise in response to the arguments you present. This confirms that you have captured the prospect's attention. Otherwise, they would have already tried to end the call.

These objections shouldn't scare you, since you've prepared for them beforehand. And above all, they allow you to flesh out your arguments and provide the prospect with contextualized information.

 

Engage the prospect with telephone prospecting

Cold calling requires subtlety. To engage the prospect, it's best to start with their problems and show them the improvements that could be made. 

This way, you'll help him envision a future where his difficulties fade away. And to achieve this, there's no need to immediately list the advantages of your offer. By letting him realize the value of your proposal on his own, you engage him gradually throughout the conversation.

Ideally, in this situation, he would be so enthusiastic that he would ask for the next contact. But, of course, if that's not the case, it's up to you to skillfully bring up the subject.

This can sometimes be a difficult turning point for salespeople. Because, ultimately, this is where everything hinges. Will you succeed in securing the appointment or not? 

To trigger this pivot, you need to know how to analyze the prospect's signs of interest:

  • Did he confirm that he was facing the problems you mentioned?
  • Did he show any signs of approval on any of your arguments?
  • Did he ask questions to encourage you to elaborate on what you said?
  • Did he raise any objections that helped you clarify the proposal?
  • Do your answers to his objections seem to have convinced him?
  • Have you made sure they have no further questions or objections?

If the prospect seems ready, you can move to the next step and offer them the appointment.

 

Specify the next step

At the end of the call, there are 3 possibilities:

  1. The prospect is not interested in your offer
  2. You have achieved your goal and secured the appointment
  3. You need to follow up with the prospect later

In any case, it is advisable to recap with him the points you have raised and to take notes to document the call.

Even if your request is rejected, you should record the objections and reasons for the rejection to improve your argument. Perhaps you encountered an objection you hadn't anticipated.

If you need to follow up with the prospect, agree on a new time slot. See if they would like you to send them information by email in the meantime.

If he accepts the meeting, the details of the business meeting should be discussed and finalized together.

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How to track your telemarketing calls?

You had your prospect on the phone. You just hung up. Now what?

It is essential to keep a record of each call. To do this, the telemarketer must absolutely prepare a call summary.

Ideally, you should use a CRM solution to record interview reports. However, in any case, you will need a prospecting file.

The prospecting file allows you to report:

  • Practical details of the call: date, caller ID
  • The conversation summary: points discussed during the interview, expressions of interest, objections raised, acceptance or refusal of the proposed meeting, reason for refusal (in case of failure)
  • An opinion on the next steps: probability of conclusion (in the form of a score), relevance of a follow-up (and if so, within what timeframe)

This information will be valuable for preparing follow-ups or a subsequent prospecting campaign by providing a better understanding of the prospect.

 

How to manage telephone prospecting?

Cold calling is time-consuming and often requires multiple follow-ups. To achieve the objectives set for a campaign, it is essential to implement a management process. 

Campaign management consists of ensuring that telephone prospecting activities are carried out in accordance with the planned schedule and initial objectives.

Before the campaign begins, it is therefore necessary to define the KPIs that will allow us to measure the campaign's performance:

  • Number of daily calls
  • Number of successful calls (the salesperson was able to speak with the target contact)
  • Ratio of appointments booked to calls answered
  • Number of reminders to make

The campaign manager will need to collect and aggregate all the data to generate an activity dashboard or automatically generate a dashboard in their CRM solution.

Campaign monitoring is essential for:

  • Taking preventive or corrective actions: for example, if we notice that the campaign is progressing more slowly than expected, we can allocate additional resources to finish on time
  • Readjusting the schedule by including real-time follow-ups: here too, a CRM solution like Magileads automatically synchronizes follow-ups with salespeople's calendars

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Can telephone prospecting and digital prospecting be combined?

Cold calling remains an effective practice. However, 70% of decision-makers hate being harassed by sales calls. Furthermore, the number of calls required to reach a prospect continues to rise.

In these circumstances, one solution would be to focus on better training for sales representatives in telemarketing. If they are better able to avoid obstacles and hold the prospect's attention, the ROI of the telephone campaign will be significant.

The other solution is to abandon cold calling and instead run campaigns targeting leads generated through digital prospecting on the web. By working with inbound leads, salespeople contact prospects who are already familiar with the brand and have expressed interest.

In practice, however, a virtuous organization based on close collaboration between marketing and sales is essential. Together, the two departments must agree on what constitutes a business opportunity and when the handover between marketing and sales should take place.

What tools are needed for effective telephone prospecting?

The MagiLeads offers several features to optimize your prospecting campaigns.

Firstly, our B2B contact database allows you to identify prospects matching your targeting criteria.

You can then enter these prospects into automated email campaign scenarios.

Then, following these email campaigns on the web, prospects interested in your offers are automatically added to your CRM. This way, the CRM centralizes all the information you need to launch a telephone prospecting campaign.

This way, you can launch your telemarketing campaigns to interested contacts. You can even organize your campaigns more effectively by sorting prospects based on their progress, scoring, or follow-up date.

While telephone prospecting is sometimes criticized, it still delivers significant results provided that each step (database creation, campaign preparation, call execution, follow-up, and management) is perfectly optimized. Combining digital and telephone methods can further improve performance. In this case, fostering team collaboration and tool synchronization is essential.

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