How can businesses effectively use cold calling to reach new customers and increase their sales?

69% of buyers have accepted cold calls from new providers

Source
Salestrail

Topic
Customer Engagement

Year
2021

As a journalist covering the world of sales, it’s important to understand the tactics and strategies that lead to success in this industry. One surprising statistic that often catches people off guard is the fact that 69% of buyers have accepted cold calls from new providers. This figure may seem counterintuitive given the negative reputation that cold calling often has, but it’s a clear indication that there is still a place for this tactic in the world of sales.

So why are buyers willing to engage with new providers via cold calls? One reason could be that many buyers are actively seeking new solutions to their problems and are open to hearing about what other companies have to offer. Another possibility is that a well-crafted cold call can offer a personal touch that is lacking in other forms of communication. It’s also worth noting that cold calling can often catch people off guard and lead to a more genuine conversation than other sales tactics.

Of course, not all cold calls are created equal. To be successful in this realm, it’s important to have a clear strategy and approach. Here are a few tips for successful cold calling:

  1. Research your prospects: Before picking up the phone, take some time to research the person or company you will be calling. This will allow you to tailor your pitch and demonstrate that you understand their needs.
  2. Get to the point: Buyers are busy people, so it’s important to get to the heart of your message quickly. Be clear about what you’re offering and how it can benefit them.
  3. Build rapport: While cold calling may seem impersonal, it’s still possible to build a rapport with your prospect. Be friendly, personable, and genuinely interested in their needs.

In conclusion, while cold calling may not be the most glamorous or popular sales tactic, the statistics don’t lie. With 69% of buyers being receptive to cold calls, it’s clear that there is still a place for this approach in the world of sales. By following these tips and approaching cold calling with a clear strategy, you can increase your chances of success and reach new buyers who may not have been aware of your offerings otherwise.

More 2021 Stats

In 2021, digital lead generation advertising spending in the United States was estimated at 4.6 billion U.S. dollars.

91% of salespeople have indicated they don’t want to return to full-time office work when asked about their future career plans.

28% of B2B organizations now have hybrid sales roles

77% of sales professionals say their organization is planning to invest more in sales intelligence tools

According to a research conducted by Salesforce, 61% of sellers say it’s harder to sell virtually.

74% of CSOs report they have recently or are currently updating their seller skills profile for virtual selling, and 61% of CSOs are already investing in new technology to enable virtual selling.

Only 60% of sales reps meet quota

The Power of Collaborative Language in Sales: Why Using “We” and “Us” is More Effective

41.2% of sales reps say that their phone is the most effective tool for performing their jobs

31% of sales pros find no significant difference between selling remotely and in-person

More Customer Engagement Stats

30% of Online Shoppers are Millennials are are Between 18 and 34 Years Old

39% of companies don’t regularly ask customers for feedback about their interactions

Around 45% of web store payments are made with digital and mobile wallets

40% of all customer interactions will be automated through AI and machine learning by 2023

38% of People will Leave a Website if they find the Layout Unattractive

B2B Companies Achieve 63% Lower Customer Attrition and 55% Higher Share of Wallet in B2B Engagement

67% of customers prefer self-service over speaking to a company representative

71% of salespeople are using social selling tools

Americans Spend 36% of their Shopping Budget Online

More than Three-Quarters of Online Shoppers Would Like their Orders Shipped the Same Day

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