The Simple 6 Step Sales Process To Creating An Unlimited Supply Of B2B Prospects
Do you ever feel like you could win far more business if you could just find a way to get in front of more of the business people you want to connect with?
You may have experienced significant challenges around creating consistent new business pipelines. Relying on referrals is becoming increasingly ineffective for you.. And besides, even if it was working out OK for you, itâs might still be outside of your control and cannot be planned and scaled.
If youâve felt frustrated, confused or âdead in the waterâ and donât know what to do to create consistent high quality first meetings with your ideal prospects then relax.
There is a solution.
If whatever youâve tried in the past has left you feeling confused and overwhelmed, during this guide, Iâll solve that for you by showing a simple 6 step prospecting system that will show youâĤ
âHow to dictate any number of high quality first meetings you want with your dream prospects each and every monthâĤâ
âĤWithout relying on anyone else or feeling like youâe constantly begging them to introduce you to other people.
Sounds good?
This guide will hand you those 6 steps on a plate.
I hope to to clear all of your confusion and overwhelm and show you just how simple it really is to create a predictable business.
A predictable business where your new client pipeline is always full.
Do You Want To Talk To Us About How To Apply These Concepts?
This article gives you great insight into how to apply these concepts in your business. If youâd like our help with implementing these concepts and speeding your time to revenue then see if you qualify for our Predictable Pipeline Strategy Call
Click Here To Claim Your Predictable Pipeline Strategy Call
Full of senior decision makers that have the authority and desire to say YES to you.
And you can achieve that by using outbound lead generation.
This means taking a proactive stance and identifying the companies and/or people that are likely to be a great fit for you, and then making direct contact with them.
The 3 Ways Of OUTBOUND Prospecting
1) Cold Calling
When we mentioned outbound prospecting above you may have froze a little and maybe instinctively recoiled.
You had a gut reaction.
And maybe even a sense of fear that I was going to tell you about a remarkable new elevator pitch, cold call opening line or even a new method to âovercomeâ the gatekeeper.
Was IÂ right?
If I was right, then RELAX, you have nothing to fear.
Nothing I outline for you is about cold calling.
Iâm going to show you a completely new system that doesnât involve any cold calling.
Iâm not going to BS you here.
I can make cold calling work.
ANDâĤ given enough time and desire on your part, I can make you into a star cold caller.
BUTâĤ
I can guarantee you donât have the desire to want to learn. Youâd prefer to have a way of lead generation that avoided cold calling altogether
I can guarantee that as a busy business person you really donât have the time to spend years crafting your expertise or the time each week to put in the hoursââââmaking dialsâ
I can guarantee that if youâre running a team you know that the skills to be a great cold caller are becoming harder to find in new staff members
Trust me, I know.
Iâve been there and trained thousands to be effective cold callers.
2) Linkedin
There are three main reasons Iâd suggest this is no longer an effective outbound strategy for contacting and connecting quickly with a target prospect.
i) Everyoneâs sending LinkedIn messages.
LinkedIn is becoming a hotbed of automated messages from fake profiles and endless invites to join peoplesâ groups.
This isnât helped by the amount of courses advocating that the best way to build your expertise is to create a linkedin group and get your prospects to join.
This is creating is an environment where messages are lost among a sea of spam, group invites, and connection requests.
No matter how great your cold email via LinkedIn is, itâs almost certainly destined to fail before you press send.
And even if you donât trust me about the success rates on LinkedIn messages then ask yourself a question.
âAre you likely to build your desired sales pipeline and scale with the 15 allowed InMails (LinkedIn paid emails) on the basic paid plan?â
ii) Communication preferences are changing
I have no way of being certainâĤ but Iâd hazard a guess that youâre like me.
Iâve turned off all message alerts from LinkedIn and the only time I see messages is when I choose to log inâââwhich may not be often for many people.
And even if you arenât like me, Iâm willing to guess you use your personal (not work) email address on LinkedIn.
Our research shows that around 80% of LinkedIn contacts use their personal email address.
Donât believe me?
Download your contacts and check for yourself.
It makes sense when you think about the number of people who use LinkedIn primarily as a job search tool.
People also want to safeguard their access in the event of a sudden job change.
Therefore, youâre contacting people with a business message thatâs going to their personal account.
Thatâs ifâĤ and itâs a big IFâĤ they even get email notifications of LinkedIn messages in the first place.
And the higher up in an organization you go, the chances of them logging into LinkedIn decrease significantly.
Targeting senior CEOâs by LinkedIn inmails?
Good luckâĤ
Youâll need itâĤ
That leaves the third and our recommended outbound prospecting strategyâââCold Emailing.
iii) Cold Emailing
What youâre about to be shown is a systemised way of identifying highly qualified prospects based on your Ideal Prospect Profile (IPP).
Along with a process that makes first contact with them via a systemised cold-emailing program.
We often see results like this utilizing this system:
70% response rates to your cold email
60% of those responses turned into a first meeting
âSo thatâs a staggering 30% of the people you contact eventually turn into a first meeting.â
This is a brand new lead generation opportunity that wasnât available up until the emergence of some major technology enablers and innovative sales techniques, over the last few years. And if youâd like to shorten your time to implementing these ideas then see if you qualify for a Predictable Pipeline Strategy call with us
The technology and sales systems are growing at a pace now.
But youâve still got time to âgrab the bull by the hornsâ and get a head-start on the competition.
And who knowsâĤ your competitors probably have no idea this system even exists.
There are 6 Stages of a Cold Emailing System that you must implement for It to be successfulâĤ
1) Create A Value Based Sales Structure
Question: What value do you contribute on your first engagement with a prospect?
When I ask my clients what value their prospects get from their first engagement , the answer, after a long pause and much head scratching, is generally something like:
âWell, none really. I have to ask them these questions to be able to qualify them, or to prepare a proposal or more in-depth demonstration.â
And thereâs the problem.
If your goal at this very early stage of the sales cycle is to set a first meeting, whether physical or virtual, you should treat it very much like a product you can sell.
You, like me, have a goal.
Which is to make it easy for your prospect to say yes to you.
To make it so easy to say yes that prospects are almost compelled to agree because it just âmakes senseâ to say yes.
Therefore, to effectively âSELLâ the value of engaging with you, you have to ensure you have created enough PERCEIVED value, that can be articulated as to why someone should invest 20 or 30 minutes of their time with you.
Without value why would anyone, apart from those really desperate for a solution and information hunters, agree to it?
âAnd if you have any style of value based sales approach then you are in luck because you have a head start over nearly all the other businesses out there.â
Why?
BECAUSE youâve already created nearly everything you need.
To create this value based sales strategy, all you need is a few small tweaks to what you already have going on.
And by the time youâve read this complete guide youâll have an entirely different perspective on how to create value for prospects.
If you can communicate value in the 20- 30 minutes (or however long) of your first meeting, then your conversion rates will go through the roof.
âYou, or your prospecting staff (in house or outsourced) will be capable of articulating precisely what value someone will get by taking your first meeting.â
And the prospect will see it just âmakes sense!â
And if youâd like to know more about my 5 processes to turn your first meeting into a valuable product then register for your Predictable Prospecting Strategy Call with me
2) Develop Your Ideal Prospect Profile (IPP)
The first stage in defining your IPP is to look at the characteristics of the best 20% of your existing clients.
If youâre a start-up, a consulting business, a saas business, a tech business or if you sell any other product or service B2B, then the best way to do this is by using the very same cold email process we recommend to generate new business.
We take clients through quite an in-depth process to define their IPP.
Why?
Well, we very often find this to be the area you feel you may excel in but where you really may need to focus a little bit more time and energy!
One of our approaches to help you define your IPP is based on:
Tangible characteristics such as location, industry, size, what software platform they are using and job titles
Intangible characteristics such as their level of conservatism, their attitude to growth, their beliefs about external service providers, the aspirations of the key individuals and their attitude to risk
Red flags such as things they say or do that indicate they wouldnât be a great fit for your business. Do they complain about all of their existing providers? Do they refuse to give you straight answers to your questions? Do they stop short of providing you access to key people or information needed to evaluate best fit?
Once thatâs nailed down itâs time to turn to identify where your prospects exist. You may be like almost every business we speak to, that believe they have a problem in building highly targeted lists of qualified prospects.
The next section will hand you the technology to do that on a plate.
Just make sure, however, that you donât really have an Ideal Prospect Profile problemâĤ
3) Build Highly Targeted Lists
Once you have identified your IPP, the next stage is to identify the key individuals in those businesses.
This is where most businesses traditionally start to struggleâĤ
Traditional methods of defining a target market are grounded very much in the way data lists used to be available.
Companies rarely did much more innovation in building lists than hiring B2B list brokers.
We very rarely suggest our clients use list brokers anymore.
Their data is increasingly out of date, it rarely has a complete email address and they generally force you to buy in such massive quantity, that by the time you use the data itâs dated and degraded.
We see the bounce rate, or the un-deliverability of emails, on B2B list brokers data anywhere up to 40%.
âBut with the tools Iâm going to show you we can get the bounce rate down to as low as 3%.â
More emails correct and delivered = more meetings = more revenueâĤ And for an in-depth walk through of how simple tweaks throughout a sales system can bring about a 1000% increase in results see this blog post
The technology to build highly targeted lists and source contact details has developed more in the last 2 years than in the 20 years prior to that.
If you arenât aware of some of this technology then rejoice because itâs highly likely your competition donât eitherâĤ
Services like Ringlead Capture (shown above) and egrabber, allow you to select information anywhere on any webpage and itâll shoot off and scour the internet to create lists complete with email addresses, social profiles and background research.
Services like sellhack, aeroleads and found.ly, are relatively low value subscription services that act as a window that sits on top of LinkedIn and other social search engines.
They allow you to build lists using the advanced search capabilities of services like LinkedIn and then they shoot off and research the internet for those people.
The result?
A fully completed contact record with their BUSINESS email address, telephone numbers and social profiles.
4) Build A Prospecting System
Once you have your highly targeted list you need to actually send out your first follow up emails.
You have a few choices for how you can do this:
Smaller scaleâââthrough your gmail or outlook
Larger ScaleâââThis is one of the greatest technology enablers for this style of prospecting. Services like quickmail.io and Replyapp.io have sprung up and allow you to send out largely automated B2B email campaigns. They allow you to utilise templates. Send out to different âbucketsâ of prospects. Send out multi touch sequences over days and months, and they even intelligently monitor your inbox to tell you when someoneâs replied before taking them off future emails.
With these services thereâs no reason why you canât be setting up largely automated outbound cold email based prospecting programs within minutes.
And the best part is, all of this is super simple to hand off to a sales administrator or even a virtual assistant.
5) Outbound Contact
This is what most inexperienced consultants mistakenly think is the critical step in the system.
The email itself.
As you can now see it is only 1 part of a 6 part system.
An important part but it absolutely has to be in harmony with the rest of the system.
If you donât build the right system, an email template used in our clients systems to get an 80% response will yield you a ZERO response.
So What Are We Talking About?
When we refer to building outbound contact by cold email most people assume itâs âemail marketingâ.
That couldnât be further from the truth.
What we are talking about are highly personalized 1 to 1 emails to senior decision makers.
There are some very important characteristics of these emails:
There is no fancy html
They never pitch
They have a clear call to action which we usually recommend is to elicit a response because that gives you the opportunity to bridge from the prospects response into a telephone call
They follow a series of templates and are tailored to your specific business and target prospect
Can I Just Give You A Performing Template?
Yes and No.
I have made it a practice never to publish our top performing templates on the web.
Once they are, theyâre copied and cease to be effective.
An example is from a contact of mine who posted her winning template on her blog:
And within weeks it was being used by at least 10 different companies, word for word.
Hereâs one I received in my inbox:
And as you can see it is a 100% word for word copy.
This has a negative ongoing results impact for both the original sender and the copycats.
That is why I only ever share templates to clients and people who invest the time to talk to me personally on a Predictable Pipeline Strategy Call
During some of those sessions, I share the âbullseyeâ template that one client took and sent to 50 prospects. The same prospects whoâd ignored previous contact attempts.
He was happy with the results. He generated $500,000.00 of sales pipeline within 30 days from a list of 50 prospects that had previously ignored him.
How much sales pipeline could you be creating with a system and template like that?
6) Work Responses
Once you begin to send out your emails youâll see the results come to you in the shape of responses.
These can be categorized into no more than 5 to 10 similar responses that will differ in every business, but usually include:
Sounds interestingâââPlease Contact me
Send information
I just bought
I have a provider
Iâm too small/too big
Iâm the wrong person
A referral with details
Not Interested
No Response
Everyone Knows exactly what to do with the ones that say please contact me.
Cherry pick those immediately and create an immediate sale pipeline.
It gets better.
The long term money is in the left over responses, and usually make perfect prospects.
âThe quicker you can engage them and build a relationship, the greater your long term revenue will be.â
I have a complete script thatâs proven to turn EVERY response into a strong reason to engage with someone on a telephone call.
âYes! Even if they say Iâm not interested!â
Just like my cold email templates I reserve that for you when you invest the time to talk to me personally on a Predictable Pipeline Strategy Call
And once youâre talking with a prospect, you can focus on articulating the amazing value theyâll get from the first meeting with you (step 1).
Itâs beautiful because you donât even need to pitch them on your capability, expertise, case studies or client on boarding experience!
And thereâs the solution to finding out how you can create a predictable pipeline of high quality leads without cold calling, sleazy sale tactics or causing overwhelm by trying to make inbound âattraction marketingâ work for you.
I know, maybe, you donât trust me yet, just because youâve read my guide.
I know that.
I donât expect you to trust me until after you see if you qualify and then attend my Predictable Pipeline Strategy CallâĤ
âĤwhere Iâll be pulling back the curtain on how to make each one of these 6 steps work in your business.
Seeing if you qualify is easyâĤ
Just click the button below, enter your name and email and answer a few questions , and Iâll speak to you soon.
Do You Want Help
With Implementation?
If you want to talk with me personally to see how quickly you can get results with these concepts then click the link below to see if you qualify for a Predictable Pipeline Strategy Call.