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the hang up.

Public • 111 • Free

WHAM - A Sales Community

Public • 193 • Free

27 contributions to the hang up.
It's Peak out here troops
It might just be me/my sector/time of year etc, but I'm finding that prospecting is particularly tough right now. I'm suffering due to a lack of pipeline. Through no fault of my own though, as we spent 6 months trying to prospect into a new area for us. We closed a few big deals which made this 6 month period look successful, but our pipeline & run rate were obliterated in the process. So now I find myself needing as much new opportunity as possible, with what seems to be a very difficult market to prospect in right now! Yay! No complaints though, and I'm not looking for advice or sympathy. This post is purely to share some insight, and hopefully put some minds at ease who are also experiencing similar downturns. If the above sounds similar, hang in there, you've got this.
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New comment Aug '23
The Quantitative Side of Sales... a Question.
Hi everyone, I'm a graduate who's just landed a sales role for a big boy company as his first job. However, I've kept a close ear to some of the best in the Linkedin sales world, like Callum and Benjamin. Additionally, I began making cold calls at 16 when I started a social media marketing agency for construction companies, so I've always wanted to improve my sales philosophy. One critical metric we often gauge, and I often hear it talked about in sales communities, is the quantitative side of sales, i.e. how many calls we need to make -> how many good conversations -> how many meetings we need to have -> how many deals from these meetings we need, to hit quota. Several factors are in play, of course: the quality of your leads, your industry, the effectiveness of your pitch, the timing, and even sheer luck. So, ultimately I wanted to ask: what's your optimal sales strategy regarding the numbers, and what are the numbers you're measuring? Thanks, Max 😀
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New comment Jul '23
1 like • Jun '23
People often look at this as a way of working, instead, look at it as a way of analyzing over a period of at least 3 months. As far as you're concerned, the only metric of any importance is "$$$" on the board. Focus on solid conversations, solving problems and improving your skills on the phone. Only then should you be number crunching, and even then I would only do it as a way of identifying an issue. Don't look at it as how many calls do I need to make to get a quote etc, ask yourself why it took less calls to get a quote in one sector over another. Then you'll see that although you got more quotes in one sector, you made more money in another, therefore your time is best spent in the other sector, even if you're getting "less quotes" etc. A live example, I spent 6 months prospecting charities. I was getting lots of quotes as my product solved an issue, but the overall deal value was low and I'd need lots of these clients to hit target. I then prospected to schools, got a higher deal value, but my close rate was significantly less. I need 1 or 2 of these clients to boost my target, but focusing on this area has obliterated my pipeline, as once the big deals were closed there was nothing left. I then went to bigger private sector companies, and found that they do action quicker, but it's harder to get them to commit to the issues I solve, therefore less quotes and sales. My last few months revenue has been supplemented by the work I did in the first 6 months with charities, and has provided a strong run rate. This tells me that this should be my main focus moving forward, and I need as many clients as possible in this space. Number crunching without a reason just sends you down the wrong path. If you came to the conclusion of "I need to make more calls", then I would likely come to the conclusion of "not strong enough on the phone during the calls being made" If you need to make more calls because a particular sector is harder for getting people on the phone, then the extra calls makes sense.
Recruitment Cold Calling
Easy Friday crew, Having a bit of a morning of it today 🤦‍♂️. I go into the call with the usual "this is a cold call etc." but when I ask for the 30 seconds I get stuck with "What is it about?" and as soon as I tell them I'm a recruiter I get hit with straight no's/various other objections. I guess my question is, what would be the best way of getting into the pitch and overcoming a hard no in the first 15 seconds?😅
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New comment Jul '23
1 like • Jun '23
Not an easy one and there is no right answer. Before I offer a solution though I would be keen to point out that prospects like that are often not open at all to be sold to. You can't win every battle and if someone starts a conversation in that way, then you can probably guess how the rest of the call will go once you have delivered your pitch. HOWEVER, lean on humour with this one; - "Oooo, you'll have to give me my 30 seconds to find that out I'm afraid" - "If I told you that my boss gave me a list of the 50 best hiring managers in the UK, would it make more sense why I've called YOU?" - "I'll take that as a go ahead with the 30 seconds, so i'd better be quick!" These are all crap and you can come up with loads more yourself, but essentially you're trying to disarm them as they have their back up against the wall a little. Most important thing to remember is that there is no one answer, there are just some prospects you can't get into, and that's ok, onto the next one.
0 likes • Jun '23
@Filip Dimitrov And you brother
Delivery
So i've been trying the "this is a cold call" type opener, and so far no one has granted me 30 seconds... Based off of Benjamins videos and yours, I'm guessing its coming down to my delivery - but I call exclusively in french and was wondering If I could send a voicenote to one of you on LinkedIn to review my intonation even if you dont understand french. thx
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New comment Jun '23
2 likes • Jun '23
Complete guesswork here mate but possibly just a cultural difference. I would focus on the honesty aspect, and try to talk how you would to a native on the street/in a bar. Don't go too professional, keep is casual, and be completely upfront with your intentions. Remember, you're not asking for 30 seconds of their time as much as you are asking them if they'll agree to talk to you to see if they have the same issues as your customers - which you suspect they might. Taking away the 30 seconds might take you off auto-pilot, and give you a bit more integrity in asking for an agreement that the call is for you to understand their issues and to see if it's something that you solve.
Intro
Where are you from - London What industry do you work in - Tech/AI Who are you prospecting to - Financial services Biggest strength- I am able to pick up the phone 😅 What are you struggling with - My cold calls are terrible What do you want immediate help with inside of this community - Improve on my cold calls
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New comment Jun '23
2 likes • Jun '23
@Jamie Parmer @Dennis Haider Couldn't agree more with Jamie. All of us have been absolutely pony as sales at some point. Ironically, this is when most people think they're the best thing since sliced bread in sales. I reckon I was shit for about 8 of the 12 years I've been in sales. Realising you're not as good as you thought is empowering, it opens up the door to doing better and finding out there's a ton of stuff to learn. Obviously you've found a great place to start that journey. Make sure to consume Callum's content in the classroom section.
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@gregory-kay-1903
The Big Man

Active 35d ago
Joined Jun 20, 2023
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