From cold calls to spiked calls - Evernine Group gives tips for modernizing sales
The topic of cold calls is still an important building block in sales. Sales teams are often not yet modern enough to recognize that the digital world can provide excellent support in replacing “cold calls”. Tobias Lilienthal, Head of Sales Excellence at the Munich-based communications consultancy Evernine Group, provides a roadmap for the sales force of the future.
Regardless of whether salespeople are still old school and have been in the job for decades or have only recently joined - the telephone is still considered the best friend of most salespeople. But today, decisions are made elsewhere: On the web.
According to a study by IDC, 84% of CEOs and VPs around the world now use social media to make purchasing decisions - the elimination of events and real-world appointments since coronavirus is an additional digital accelerator. Tobias Lilienthal therefore says: “Anyone who continues to rely solely on their phone is riding in a carriage, even though they could also be driving a sports car. Both means of transportation will ultimately get you to your destination - the only question is how long it takes and how bumpy the ride is.”
The “new normal” is here
It's all a question of mindset
Skilled salespeople have significantly more scope and freedom here than on traditional sales channels. Social media is not only suitable for extroverted self-promoters, but also for good listeners - keyword: social listening. There are numerous exciting ways in which salespeople can use social media to gather information about target companies and potential contacts.
One example is current press releases issued by a target company and, if required, information on specific topics that the company in question is currently dealing with. Purchasers and decision-makers and their areas of responsibility can also be identified - as can their professional CVs and areas of interest or the degree of networking they have with their own sales team. Is there already an indirect connection here, and if so, what is it? What is currently driving the target company? What is the history of the company to be approached? Who decides what? All of this can be found in social media, but also on the web. Why is this still so little used?
The “new” world of data
It helps a great deal when a digital sales team gains a new kind of understanding of the targeted customers. While many briefings for sales managers and tele-sales agencies still look like the classic “preconfigured leads” with a fixed approach, it is much more promising to present yourself with your own sales story based on enriched data.
Digital systems can help here. There are special tools and CRMs that can provide and record GDPR-compliant social selling information, just as marketing automation systems can also help salespeople to cluster target companies in a meaningful way and optimize individual approaches with the help of smart services.
But you don't always need an expensive and complex software solution. Even on a small scale and without technical support, contacts can be sensibly clustered, enriched with information (e.g. from social media or clipping systems) and used and addressed via various channels. Of course, some automated and standardized approaches can also be used here - but also targeted cherry picking, which highlights special types of decision-makers (such as managing directors or entrepreneurs) among the leads in order to develop special approaches for them. Initially, the effort involved often seems higher, but the sales quotas are significantly better as a result and the motivation of employees is also greatly increased: their creativity is required.
From cold calls to spiked calls
Now back to our initial question. Has the telephone had its day? Of course not. But digital and data-based sales are turning cold calls into spiked calls. Appropriate pre-qualification, social monitoring and the like make it possible to enrich telephone calls in advance with information and an individual story. Spiked calls increase the chances of success immensely - for example, if reference is made to a mutual contact (e.g. via LinkedIn) with the contact person on the other side of the receiver, or if the caller shows that they already know the individual challenges and topics of the target company - in relation to the specific company and not the industry in general.
“The classic sales DNA remains fundamental to being really good at this job. However, digital platforms and tools can make day-to-day work much easier and create more room for creative approaches - which also benefits customers,” summarizes Tobias Lilienthal, Head of Sales Excellence at the Evernine Group.