Why is Cold Calling Important in 2024?

Cold calling has a very specific purpose:  Human-to-human interaction with your prospects.

Often, this purpose is forgotten – not because it’s unimportant, but because most sales people do not enjoy it.

As a matter of fact, business-to-business telemarketing and cold calling in 2024 remains an important discipline that needs to be applied to any sales role. Today, in many outside sales organizations, old school “door knocking” might be unproductive and outdated, especially with large territory assignments. 

However, prospecting via phone calls remains a great complement to your overall accumulation of early stage appointment setting and qualified leads. This accumulation is known as “filling up your pipeline”. When done properly, it can also be a healthy way to build up your pipeline of future customers.

The importance of cold calling boils down to this: it’s a cost and time efficient method of very targeted, human-to-human prospecting.

Buyer-generated and Seller-generated Leads

As discussed in The Difference Between Qualified Leads, leads can be broken down into two categories – buyer-generated and seller-generated. 

Buyer-generated leads generally advance through the sales cycles relatively quickly because a potential buyer is actively searching for your product or service. However, there are a finite number of buyer-generated leads and often they are expensive to purchase or produce internally.  

This is when the importance of seller-generated leads is presented. Telemarketing continues to prove itself as a tried and true method of seller-generated lead generation.

When you can clearly define and identify who your prospects are, cold calling is a great way to zero in and hustle for new business opportunities. It becomes even more effective when advertising and marketing budgets limit or prohibit other forms of lead generation. 

Cold calling remains a cost-effective lead generation method, giving you control over growing your business, while not depending upon inbound generation methods.

Get Cold Calling To Work For You

Cold calling is a tool that can be used to continuously add new prospects to your pipeline of selling opportunities. Typically, cold-call-generated-prospects are not the ones you find through inbound methods; because of this, they complement other lead generation strategies, giving your pipeline both buyer-generated and seller-generated leads.

Having a plan of how to execute a cold call campaign is the first step in implementation. For more information, check out our “6 Steps to Implement a Telemarketing Campaign” series or eBook.

Contact – Mike Dunlap, miked@dunlapmarketing.com  (281) 496-9870 x140

Common Lead Generation & Appointment Setting Questions in 2022

As we talk with companies who are seeking guidance about outbound teleprospecting and lead generation services, the following 4 questions are the most common ones we hear.

1. How has the pandemic impacted prospecting behaviors? – Our world and our “back to normal” is evolving back to the way it was before the pandemic.  Not everything will go back to the way it was, but in business, most human behaviors seem to be going back to, or get close to, normal – “normal” defined as pre-pandemic.  In our office, we are as successful today as we were before the pandemic with scheduling appointments.  Things were confusing during the pandemic, mostly trying to determine if a target contact person was working in the office or working remotely.  People are still working remotely, but they have become reachable via phone calls.


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2. What do you mean, multiple call attempts? Persistence – we are firm believers in “tactful persistence is the key to success”.  If someone tells us they are busy and asks us to call them back, we call them back.  Most often we feel like a non-response to a phone call simply means the person is busy and is unable to talk, or they are not ready to talk.  This is fine.  We do not assume that they are not interested in what we are calling about.  We do a very good job of balancing persistence with politeness - with this balance we will continue to develop a prospect over time until they are ready to talk to us, and hopefully earn a scheduled appointment.

3. Does cold calling really work?  There are many terms for it – cold calling, outbound prospecting, teleprospecting – no matter what you call it, the question remains the same. Does it work? This is always a very good question and there are several key elements that factor into the answer.  The answer can be different based on these key elements: 

  • Outbound teleprospecting works if you have a good plan and process in place for making calls and managing the data (CRM)
  • It works if you have a sales team that hustles and goes after new business opportunities
  • It is a beautiful way to cover lots of territory and geography without having to travel
  • Lastly, and often overlooked, historically we have learned that there are fewer competitors involved when you generate opportunities through teleprospecting.

4. Why cold calls rather than social media or other digital approaches? – It does not have to be one or the other. Incorporating multiple methods can complement rather than compete against each other.  Both do a very good job of generating sales opportunities and together, you end up with more prospects to sell services to.  Both social media and teleprospecting have the ability to overlap and impact a larger group of people, where separately, they both touch people who respond to either digital approaches or phone calls, but not both.

There is a process that needs to take place when building a campaign – whether we coach you on building your own or build it for you. There is also a frame of mind that needs to be present.  You can do an outstanding job building your campaign but if you do not have the correct frame of mind, it becomes difficult to succeed with the campaign.  We will teach you both: the process and the frame of mind.

Maybe this article answered the question(s) that you have, if not, we are happy to talk to you. 

Dunlap Discussions: Prospecting Tips from the Pros

Are you in sales? Do you dream of closing deals left and right? Do you dream of growing your customer list and increasing your sales?

If yes, you’re in the right place.

We interviewed our team of appointment setters to learn their top tips and advice for prospecting, getting through to the decision maker, and scheduling appointments. And by the way, on average, our team has more than 15 years of experience in the industry…so they know a thing or two about a thing or two!

Join us for our new series, Dunlap Discussions: Prospecting Tips from the Pros! In today’s post, we will cover our team’s tips on preparing to make prospecting phone calls and trying to connect with the decision maker.

Preparing to make prospecting calls:

The two biggest pieces of advice from our team are

  1. Review your script/message and other supporting material
  2. Practice what you plan on saying

Being familiar with the message you will deliver and how you plan on delivering it is a key part of strong communication. Not only will it help you feel more confident, but it will help you sound more confident, too.

When someone answers your call, you only have a few seconds to make a first impression. If that first impression is not positive, there’s a good chance your call will end with CLICK. Confidence, proper preparation, and a “smile” in your voice will set you up to have a great first impression.

Connecting with the decision maker:

Getting past a gatekeeper is no easy feat – especially a gatekeeper who is good at sniffing out distractions that might not immediately benefit the decision maker.

Even though it’s tough, it’s a necessary task. Many decision makers have one (or multiple) gatekeepers, especially at large companies. When this is the case, it becomes your mission to get through the gatekeeper so you can connect directly with the decision maker.

Our team has a few tips on the matter:

  1. Build rapport with the gatekeeper and remember that they are just doing their job, like you’re just doing yours. With this being said, you don’t want people to get frustrated with you because you’re doing your job, so don’t get frustrated with gatekeepers for doing their jobs. The gatekeeper can usually be an asset to you, but you’ve got to have a foundation of good-will in place.
  2. If it’s available to you, use the decision maker’s name; if it’s not, try to determine it early on. Often, being able to utilize the decision maker’s name will give the gatekeeper a sense of comfort with you and increase their trust in what you’re saying. If you’re still in the discovery phase and don’t yet have the correct name, do your best to find it. When you do, take note of it and use it moving forward.
  3. Have a short and precise introduction of yourself and your company. Don’t be a stranger! Tell the person who answers the phone who you are – but don’t take up too much time with your introduction! Remember, you only have a few seconds to make your first impression. You don’t want that impression to be “this salesperson is only in it for him/herself”. Rather, you want the impression to be “this salesperson is calling from ___ because ___.”

Come back next week for part 2 of Dunlap Discussions: Prospecting Tips from the Pros where we’ll cover the next phase of a call – speaking with a decision maker and asking for an appointment.

Four Reasons Daily Prospecting Will Increase Your Bottom Line

Question: How can you get the best results from prospecting?

Answer: By making it a daily habit.

Here are 4 reasons why daily prospecting will benefit you, your sales team, and ultimately, your bottom line.

  1. Prospecting keeps your pipeline full
    • There’s no denying it – inbound leads are usually warm, move through the sales cycle at a favorable pace, and are the lowest hanging fruit in terms of prospects. Unfortunately, for a salesperson who is trying to grow his or her portfolio and increase their number of clients, relying solely on inbound leads is usually not sustainable. There just are not enough of them. A great way to prevent your lead list from running dry is to incorporate a mixture of both inbound and outbound-generated leads. Prospecting = outbound leads. Outbound leads = a full pipeline.
  2. Doing a little prospecting each day keeps the task manageable and prevents it from feeling “too big”
    • Which would you rather clean – one dirty dish or a sink full of dirty dishes? Cleaning one dish is much more manageable than a sink full of them. But, when you stack that first dirty dish in the sink, it becomes tempting to continue stacking and stacking, up until the sink is filled and you have no other choice than to tackle all of them. Wouldn’t it feel better to keep the task small and manageable? Prospecting is no different. By doing a little bit of prospecting each day, you avoid letting the task grow and grow until it feels like a big, time-consuming undertaking.
  3. Repetition will keep your prospecting skills sharp
    • What our parents and coaches told us growing up is still applicable in our adult lives – practice makes perfect. And while “perfect” isn’t necessarily attainable, continued practice will only make you better. Prospecting daily will make you a better prospector – it’s as simple as that.
  4. Consistent prospecting will give you a leg up on your competitors
    • Spoiler alert: just like the thought of prospecting doesn’t make you jump for joy, it also doesn’t make your competitors jump for joy. In fact, tasks that we don’t want to do often get pushed to the bottom of our to-do lists. And we all know what happens to tasks at the bottom of our list – they end up not getting completed! This is a trap that many people inadvertently fall into – and chances are, it’s a trap your competitors fall into. If you want a leg up on your competitors, do not allow yourself to fall into this same trap. Set yourself apart from what others are doing and get ahead of your inbound leads running dry by prospecting every day.   

Prospecting is a tool that will take your sales success from average to great. A little bit of prospecting each day will grow and compound, leading to your future success. In the words of Darren Hardy, author of The Compound Effect, “Small choices + consistency + time = significant results”.