Categories
Tactical Selling

How I navigate conversations to book a meeting

How I navigate conversations to book a meeting

In today’s newsletter, I’m going to share my 5-step process to navigate conversations to book a meeting.

Human beings are constantly making decisions, and they use mental shortcuts to avoid wasting brainpower in doing so.

One of them is called the reciprocity bias. When you accept a gift or help from someone, you’re more likely to reciprocate. Think about the last time someone offered help, and how you’d answer if they’d ask for a service in return.

Here’s how I use this psychological bias to book meetings:

Step 1: Use a problem question

Before reaching out to a prospect, you should always ask yourself what kind of problem they are trying to solve. For example, I’m selling to VPs of Sales or Heads of Sales Development, and they are typically trying to solve problems like:

  • gaps between forecasting and actual revenues

  • SDRs turning prospects off with pushy cold outreach

I can use these problems in my outreach to get their attention, and show my understanding of their business reality.

You can use the formula: “How do you avoid/prevent {problem}?”.

Example: “How do you prevent your team from turning off prospects with pushy cold outreach?”

Step 2: Tease a reciprocity resource

If your prospects are currently facing the problem you mentioned, they may be interested in a resource to solve it.

You can use a reciprocity resource to help them. It can be any marketing material from your company, partners, or even competitors.

For example:

  • Whitepapers

  • eBooks

  • Podcasts

  • Webinar recordings

I recommend downloading the resource, hosting it in Google Drive, and recording a short video on why it is valuable.

You can tease this resource in your initial outreach message, just like this: “If you’re interested, I made a 5-step sequence that typically gets a 38% reply rate.”

Step 3: Ask for feedback

If your prospect replies, share the resource (either directly, or with a short video), and give them a few days.

You can then ask for feedback on the resource, to find out if it was useful. For example: “What do you think of the resource? Was it useful for your team?”

In most cases, your prospects will feel obliged to reply (because of the reciprocity bias), and you’ll be able to see if the problem you’re solving is important enough for them.

Step 4: Use a negative-reversing question

If the problem is important enough, you should be able to ask a few other questions, and even get some from your prospects.

A good way to ask for the meeting is to use a negative formulation. Instead of writing: “Should we book a meeting?”, you can use the following formula “Would it be a bad idea to…”

Example: “Would it be a bad idea to hop on a quick call so I can give you a few tips on how your team can use this sequence?”

Step 5: Drop a meeting link

If your prospect agree to the meeting, immediately drop a meeting link or ask them to share some availabilities.

Example: “Good, here’s a link to book a quick chat. You can also share your availabilities if you prefer.”

A meeting link is a productivity tool. It helps your prospects align with your schedule. However, some people may not like using meetings link. They would rather share their availability, and have you send an invitation.

And this is how I get around 27% of people who reply to my outreach to book a meeting with me.

And if you’re interested in grabbing the system I use to get a 38% reply rate, and between 11% and 27% of people who reply to book a meeting with me, then check The New Outreach System.

TL;DR:

  • Step 1: Use a problem question

  • Step 2: Tease a reciprocity resource

  • Step 3: Ask for feedback

  • Step 4: Use a negative-reversing question

  • Step 5: Drop a meeting link

Hope this helps!

Thibaut

P.S. When you’re ready, here are 4 ways I can help you.
 
  1. Build your outbound prospecting system from scratch here (230+ students)
  2. Write cold messages that get a 38% reply rate and 27% meeting rate here (40+)
  3. Book me 1:1 or for your team here
  4. (NEW!) Sponsor my newsletter & get 3K+ eyeballs on your ad!

Subscribe to the Newsletter

Get my free, 4 min weekly newsletter. Used by 5.900+ salespeople to book more meetings and work when, where, and how they want.

Subscribe to the Newsletter

Get my free, 4 min weekly newsletter. Used by 5.900+ salespeople to book more meetings and work when, where, and how they want.

Categories
Tactical Selling

3 cold message sins (and how to stop doing them)

3 cold message sins (and how to stop doing them)

In today’s issue, I’m going to share 3 cold message sins I see when training SDRs, and how to stop doing them.

These sins are almost always the results of new reps using poorly crafted templates.

And in most cases, SDR leaders and sales enablement never had to prospect, or did it too long ago to stay relevant.

Here are the top 3 sins I see when I meet SDRs:

Sin #1: Not being concise enough

Writing a cold email or a cold LinkedIn message is about two things; stopping prospects in their tracks, and getting them to read what you wrote.

Unfortunately, most SDRs I meet confuse cold outbound with essay writing. They write long emails, filled with value propositions, features, and filler words.

When prospects receive an email or a LinkedIn message, they quickly scan them to decide if they should keep on reading or ignore. And when your message is too long, they simply ignore it.

What to do instead?

I alway recommend writing short messages, maximum 125 words. Your prospect should be able to read the message on their smartphone, without scrolling. Use short sentences and jump lines between each sentence.

Look at the two emails below. Which one are you more likely to reply to?

Long email
Short email

Sin #2: Focusing on your offering only

When you start a new job as an SDR or as an AE, you’re trained on your offering, its features, benefits, USPs, why it’s better than your competition, and so on.

You’re almost never trained on the problems your offering is solving for your customers, however. And this is the explanation behind all the crappy cold outreach prospects receive.

When you focus on your product or solution, you bore prospects out and they end up ignoring you.

Your prospects have been hired to do a job, and there’s almost always a gap between their goals and reality. Reducing this gap is what they care about. They couldn’t care less about what you are selling, but they’ll care about solving their problems.

What to do instead?

Leading with the problems your prospects may be facing is how you improve your reply rate.

Think about how infomercials are focusing on problems before proposing a solution. There’s always a black and white part where the narrator focuses on how the current product leads to terrible results.

Your goal is to create the same effect by leading with typical problems your prospects may be facing. Google “{Prospect} problems 2022” to find typical issues your prospects are trying to solve.

(Note: You can also check The Cold Message System if you want to discover the messages that get me a 38% reply rate and a 27% meeting rate.)

Sin #3: Inserting a meeting link too early

Finally, a cardinal sin I see too often is the premature use of meeting links in cold outreach.

Your job is to start conversations, not to book meetings at all cost. A meeting link (think Calendly, Chili Piper), is a productivity tool. Something you use to facilitate the process of booking a meeting when both parties agreed to it.

When you use a meeting link as a call-to-action, you’re asking too much from your prospects too early. It kills your chances of starting a conversation.

What to do instead?

Ditch the meeting link in your cold outreach messages. You can use the following framework to:

  1. Explain why you’re reaching out

  2. Show prospects you understand their problems

  3. Tease a potential resource

  4. Ask to reply to access the resource

When you get a reply, navigate the conversation with a reciprocity resource and only share your meeting link when the prospect agreed to a meeting.

In conclusion

Getting replies from cold outbound messaging is harder than ever. You need to optimize the content of your messages, as well as the format. It’s all about your prospects and their problems, and never about your offering.

So keep in mind:

  • Write short messages

  • Focus on prospects problems

  • Ditch the meeting link

I hope this helps!

P.S. When you’re ready, here are 5 ways I can help you.
 
  1. Build your outbound prospecting system from scratch here (230+ students)
  2. Write cold messages that get a 38% reply rate and 27% meeting rate here (40+)
  3. Book me 1:1 or for your team here
  4. (NEW!) Sponsor my newsletter & get 3K+ eyeballs on your ad!

Subscribe to the Newsletter

Get my free, 4 min weekly newsletter. Used by 5.900+ salespeople to book more meetings and work when, where, and how they want.

Subscribe to the Newsletter

Get my free, 4 min weekly newsletter. Used by 5.900+ salespeople to book more meetings and work when, where, and how they want.

Categories
Tactical Selling

How I structure my daily prospecting block

How I structure my daily prospecting block

There are two things I look forward the least in a typical work day. My 10 minute workout, and prospecting.

Yet, I know these two activities keep me healthy and wealthy.

In consequence, I have created a system to tackle these unpleasant tasks.

In today’s newsletter, I’ll share how I structure my daily prospecting block (I won’t share the workout routine though 😂 ).

Step 1: Start with follow-ups

Most replies I get come from follow-ups. And I found that starting with them is a good way to prime the prospecting pump and finish my prospecting block faster.

I start by opening my prospecting tracker, where I store all the prospects I contact, as well as the status of my outreach.

As I use a pre-defined sequence, I don’t need to find a new trigger when doing follow up, I just focus on sending the message, based on the sequence I have built.

Outbound sequence example

This first step allows me to create momentum as each follow-up is done quickly, which gets me motivated (I love having the feeling of achieving something).

Daily effort: 5 minutes

(Quick hack: I love drinking coffee in the morning, so I created a habit of preparing one, putting it on the next to my computer, and drinking it only when my follow-ups are done. As I like my coffee hot, I’m extra motivated to get this task out of the way!)

Step 2: Find 5 new prospects

Now that all my follow-ups are done, I’m ready to find new prospects to contact.

I have calculated that contacting 5 new prospects per day would allow me to book 2 outbound meetings a week, which is what I need to reach my targets.

I start by finding prospects who fit with my ICP in the people who visited my profile, my recent followers, or people who commented/reacted on my posts.

It’s sometimes enough, but in most cases, I cannot find 5 people. When that happens, I look for influential people who speak to my ICP, and I locate interesting prospects in the comments/reaction section of their posts.

I did a detailed article about this tactic a few weeks ago.

Daily effort: 10 minutes

Step 3: Add them to my sequence

Now that I have a list of potential prospects, I add them to my sequence.

Adding them means sending a first touchpoint, based on our connection level on LinkedIn (1st or 2nd), and using a trigger to justify my outreach.

If we aren’t connected, I’ll drop a connection request mentioning why I’m reaching out. If we are connected, I’ll drop a prospecting video or a LinkedIn voice note.

In terms of message content, I typically use the following structure:

  • Trigger: A problem-oriented piece of information – John, noticed you also liked Charlotte’s post about boring hybrid events.

  • Question: A question related to the trigger – What do you think of the solution she proposed?

Daily effort: 10 minutes

And these are the 3 steps I used to structure my daily prospecting block. I’ve been running it for almost 2 years, and I get a consistent, 38% reply rate and 11% to 27% meeting rate (it varies based on the time of the year).

 

TL;DR:

  • Step 1: Start with follow-ups

  • Step 2: Find 5 new prospects

  • Step 3: Add them to my sequence

Hope this helps!

Thibaut

P.S. When you’re ready, here are 5 ways I can help you.
 
  1. Build your outbound prospecting system from scratch here (230+ students)
  2. Write cold messages that get a 38% reply rate and 27% meeting rate here (40+)
  3. Book me 1:1 or for your team here
  4. (NEW!) Sponsor my newsletter & get 3K+ eyeballs on your ad!

Subscribe to the Newsletter

Get my free, 4 min weekly newsletter. Used by 5.900+ salespeople to book more meetings and work when, where, and how they want.

Subscribe to the Newsletter

Get my free, 4 min weekly newsletter. Used by 5.900+ salespeople to book more meetings and work when, where, and how they want.

Categories
Tactical Selling

5 steps to building your Q4 pipeline

5 steps to building your Q4 pipeline

In today’s issue, I’m going to share 5 steps to building your pipeline for Q4 and beyond.

If you can replicate this system, you will have a clear idea of what needs to be done to reach your target, and how realistic they really are.

Unfortunately, most SDRs don’t do this exercise, and they end up missing their targets, or they prospect without predictable results.

Building your pipeline is how you take control of your career.

Without a solid prospecting system, a few challenges arise:

Challenge #1: You have no control: you’re at the mercy of your marketing team, the economy, or seasonality.

Challenge #2: You have no visibility: you’re not able to gauge how close or far you are from reaching your targets.

Challenge #3: You become anxious: as you have no way of course correcting, you start worrying about reaching your goals.

You can overcome all of these challenges by building your pipeline early.

Here are 5 steps you can follow do to just that:

Step 1: Find your real target

Knowing your real target is a lot harder than it seems.

In some sales organizations, you may have multiple targets to reach, which makes it harder to understand what’s expected from you.

My advice; find the number that has the biggest impact on your commission and focus on it. You’ll often find it in your compensation plan.

If you’re an AE, you may be compensated on the MRR, ARR or bookings you bring in. If you’re an SDR, you’re often compensated on the meetings you book, meetings held, or opportunities generated.

Go find the number that stands out and focus on it. This is your real target.

Step 2: Convert it into a number of prospects

Now that you know exactly where you want to go, you need to understand the effort required to reach your target.

I recommend focusing on a number of prospects to contact.

In the example below, I have to perform 124 discovery calls per quarter. With 20% of no-shows, I need to book 155 calls. With a 33% meeting rate, and a 55% reply rate, I need to contact 855 different prospects in order to reach my target.

Conversion table

(Note: If you’re interested in running these numbers, go check my Sales Process Calculator).

Step 3: Divide it by the number of days remaining to work

Having a clear activity target is good, but knowing exactly how many prospects to contact daily is better.

The third step is quite simple; find out how many working days remain in the quarter and divide the number in step 2 by that number. Make sure to deduct days off and public holidays.

For example, at the time of writing, there are 58 working days remaining. I have planned 3 weeks of holiday until the end of the year (including Christmas), which gives me 43 working days in Q4 (58 – 15). With the example in step 2, I would need to contact 20 prospects every day (855/43 = 19,9).

Step 4: Protect your schedule

Dedicating some time to prospecting can be challenging. Between internal meetings, customer calls, and incessant notifications, you waste a ton of time and energy on secondary tasks.

I recommend protecting your schedule with time blocks. Find the time of the day when you’re the most productive, and put a 30 – 60 min blocker. Make sure this blocker is at the same time every day so your colleagues and manager know you won’t reply during that time.

Ideally, your blocker should be at the beginning of your work day, around lunch time, or towards the end of the day.

Here’s an example:

Time block example

Step 5: Execute

Without this last step, nothing you did before will be of any use.

Executing means showing up every day, following up, finding new prospects, and contacting them.

That’s what I call a prospecting routine, and it’s the number 1 reason SDRs succeed or fail. Without building a daily prospecting habit, you’ll find yourself with varying levels of motivations, and your results with be inconsistent.

Here’s how you can execute daily:

  • Time block

  • Mute all your notifications

  • Focus on your follow-ups first

  • Find new prospects

  • Contact them

And these are my 5 steps to building your pipeline for Q4 and beyond.

TL;DR:

  • Step 1: Find your real target

  • Step 2: Convert it into a number of prospect

  • Step 3: Divide it by the number of days remaining to work

  • Step 4: Protect your schedule

  • Step 5: Execute

Cheers,

Thibaut

P.S. When you’re ready, here are 5 ways I can help you.
 
  1. Build your outbound prospecting system from scratch here (230+ students)
  2. Write cold messages that get a 38% reply rate and 27% meeting rate here (40+)
  3. Book me 1:1 or for your team here
  4. (NEW!) Sponsor my newsletter & get 3K+ eyeballs on your ad!

Subscribe to the Newsletter

Get my free, 4 min weekly newsletter. Used by 5.900+ salespeople to book more meetings and work when, where, and how they want.

Subscribe to the Newsletter

Get my free, 4 min weekly newsletter. Used by 5.900+ salespeople to book more meetings and work when, where, and how they want.

Categories
Tactical Selling

5 traits of successful SDRs in 2023 and beyond

5 traits of successful SDRs in 2023 and beyond

In today’s issue, I’m going to share the 5 traits of successful SDRs in 2023 and beyond.

I thought about writing this guide after taking part in the Sales Performance Growth Summit. I joined a session about the biggest challenges facing sales leaders in 2023, and these 5 traits stuck.

When I started working in sales, being an SDR was just an entry-level job, and the ambition of most of them was to become an AE. Nowadays, being an SDR is an opportunity to create skills that can be used for a lifetime, document them, and open a sea of opportunities for financial, and personal development.

Here are 5 traits of successful SDRs in 2023 and beyond:

Trait #1: They protect their time

Being a successful SDR is 80% activity, and 20% creativity. Which means most of your time should be spent prospecting. Unfortunately, in most sales organizations, a big part of your day is be wasted in meetings, chatters with colleagues, or breaks.

Successful SDRs know they won’t reach their targets if they don’t create a system to protect their time.

A good way to do so is creating time blocks. You can do it by identifying when you’re the most productive, and add a blocker into your calendar. I recommend adding 1 to 3 blocks of 60 minutes minimum per day. Ideally, your blocks should be at the same time every day, so your colleagues can predict when you’re available and when you’re not.

Here’s an example of a time-blocked schedule:

Time block example

Trait #2: They prospect every day

Prospecting isn’t super glamorous. It’s a lot of repetitive tasks, yet it’s the lifeblood of every sales organization. If you can’t create enough activities, you won’t book meetings, and you’ll lose motivation.

Filling your time blocks with a constant flow of prospecting activities is how you avoid that problem. I recommend dividing your monthly goals into daily activity to get more control over your outcomes.

For example, if you’ve identified that you need to create 600 touchpoints (calls, emails, LinkedIn messages, etc.) per month, you need to divide it by the number of working days (in general 20 per month). In our example, you’ll need to create 30 (600/20) activities per day.

It’s a lot simpler to deliver 30 touchpoints per day every day than skipping days and having to play catch up.

Trait #3: They focus on the basics

There are a few basics when it comes to prospecting; knowing your Ideal Customer Profile, understanding their problems, and using them in your messaging.

A lot of SDRs I meet have no clue who their ICP are, what problems they are trying to solve, and how to communicate them properly. They end up pitching about their solutions, focusing on features, and getting no responses.

I recommend SDRs to build and ICP matrix (the type of company, and the job title), list problems and symptoms for each type of prospect, and use them heavily in their messaging.

Open your prospecting sequences and check if there’s any mention of what your solution does. If it’s the case, you’re most likely focusing on features, and killing your reply rates as a result.

(Note: Go check The Cold Message System if you need to create messages with 38% reply rates).

Trait #4: They document their journey

For a few years now, more and more SDRs have been documenting their journeys on LinkedIn. Sales leaders are realizing that employing reps with an audience is a great way to build brand awareness, start more conversations with prospects, and book more meetings.

Think about 5 sales influencers you’ve recently heard of. Chances are most of them are/were SDRs. I’ve interviewed many of them and they all attributed building a personal brand as the key to their success.

Documenting your journey as an SDR is great way to build an audience. Quite simply, it helps people who are a few months behind in their careers, and they engage with your content. As a result, it gives more visibility to your profile, and gets decision-makers familiar with you.

As an example, my brother has been working as an SDR for 3 months, documenting his journey every day, and he’s already receiving requests to coach SDRs by people who follow him.

Trait #5: They keep experimenting new tactics

Finally, successful SDRs understand that the tactics that work now, likely won’t work in the future. As they get discovered, they quickly get adopted, and prospects become numb to them.

A good way to avoid losing your edge is to create an experimentation system for your sequences. I recommend following this structure:

  • Define the scope of your experiment
  • Define one metric that you want to influence with your experiment (e.g. connection request acceptance rate)
  • Define your assumptions for the experiment
  • Define success thresholds
  • Run your experiment in 2 weeks sprints

Here’s an example of my Prospecting Experiment Canva:

Prospecting Experiment Canva

It’s important to note that experimentation shouldn’t prevent you from focusing on the basics. Experimenting is often more interesting than repeating the same tasks over and over, but without enough activities, the best tactics won’t get you to your targets.

And these are the 5 traits of successful SDRs in 2023 and beyond.

TL;DR:

  1. They protect their time
  2. They prospect every day
  3. They focus on the basics
  4. They document their journey
  5. They keep experimenting new tactics

Hope this helps.

P.S. When you’re ready, here are 5 ways I can help you.
 
  1. Build your outbound prospecting system from scratch here (230+ students)
  2. Write cold messages that get a 38% reply rate and 27% meeting rate here (40+)
  3. Book me 1:1 or for your team here
  4. (NEW!) Sponsor my newsletter & get 3K+ eyeballs on your ad!

Subscribe to the Newsletter

Get my free, 4 min weekly newsletter. Used by 5.900+ salespeople to book more meetings and work when, where, and how they want.

Subscribe to the Newsletter

Get my free, 4 min weekly newsletter. Used by 5.900+ salespeople to book more meetings and work when, where, and how they want.

Categories
Tactical Selling Uncategorized

3 common prospecting mistakes (and how to stop doing them)

3 common prospecting mistakes (and how to stop doing them)

In today’s issue, I’m going to share the 3 prospecting mistakes I see when training SDRs, and how to stop doing them.

These mistakes are often the results of poor prospecting habits, and the lack of a clear SDR playbook.

And in most cases, SDR leaders never had a real prospecting routine, so they don’t know how to build one for their teams.

Here are the top 3 mistakes I see when I meet SDRs:

Mistake #1: Not time blocking

Time blocking is the act of putting blockers in your calendar, in order to protect your schedule for key activities.

Most SDRs I meet do not time block because they feel like they have to be constantly available for prospects, colleagues, or managers. This creates a situation where they are constantly switching tasks, they cannot be focused for long enough, and they end up not doing enough of the tasks that will bring them success.

What to do instead?

I recommend every SDR I meet to put at least one daily blocker in their calendar, at the same time every day. If your job’s main focus is to create opportunities, have at least 3 hours of your time protected with blockers.

Below is an example of an efficient time-blocked schedule:

Time block example

Mistake #2: Not having a prospecting routine

A prospecting routine is a key element for success as an SDR. It’s a daily habit that allows you to repeat healthy prospecting tasks. You could compare it with a daily workout session.

Most SDRs make the mistake of not building a routine, because they underestimate the unpredictability of the job in the long run.

They start with a ton of motivation, but it often changes based on the replies they get, their performance, or even the season. Without a system they end up with irregular input, which creates irregular outcomes

 

What to do instead?

Let’s be honest. Prospecting isn’t super fun. It’s a set of repetitive tasks, and doing enough of them plays a huge role in reaching your targets. So in order to prevent your variation of motivation from getting in your way, here’s what I recommend:

  1. Find the time of the day when you’re the most productive (for me it’s early morning)

  2. Put your time blocks at these times (as seen in step 1)

  3. Start with your follow-ups (all prospects that are in active sequences with a follow-up due today)

  4. Find enough prospects to add to your sequence (use this calculator to find out how many you need)

  5. Add them to your sequence (send a connection request, call them, whatever is your first sequence step)

 

Mistake #3: Not tracking their prospecting activities

Finally, a cardinal sin of SDRs is their inability to create a simple tracking system. Without it, they end up missing follow-ups, some meetings fall through the cracks, and all their hard work leads to disappointing results.

Tracking your activity serves a few important purposes:

  • it shows your manager that you are actually putting in the work

  • it frees some brain power for tasks that need it the most

  • it prevents you from worrying about missing your follow-ups

But most SDRs I meet do not track their activities because they don’t have the right tool to do so.

 

What to do instead?

The answer will change depending on your setup.

In most cases, you’ll have a sequencer already available (think SalesLoft, Outreach, Groove, or Hubspot to name a few). If that’s the case, learn how to use the task list feature of your tool. You should be able to create rules to track your activity, and add a reminder to follow-up.

In some cases, you won’t have a sequencer, or you won’t be able to use it properly (looking at you, sales operations and enablement…). If that’s the case, just use a spreadsheet to track your activity, or go check my Notion Prospecting Tracker.

 

In conclusion

Being an SDR is more about building processes and routines than being creative or thinking outside of the box (even if it’s important). If you can’t focus on the basics, you won’t be able to deliver as expected, and you’ll end up hating your job, or getting fired.

On the other end, if you create a good system, you’ll quickly realize booking meetings and creating opportunities is a numbers game, and you’ll make more money, get promoted faster, and have more time to focus on what matters for you.

 

So keep in mind:

  • Protect your schedule with time blocks

  • Create a prospecting routine

  • Track your activity

 

I hope this helps!

P.S. When you’re ready, here are 4 ways I can help you.
 
  1. Build your outbound prospecting system from scratch here (200+ students)
  2. (NEW!) Write cold messages that get a 38% reply rate and 27% meeting rate here (20+)
  3. Book me 1:1 or for your team here
  4. (NEW!) Sponsor my newsletter & get 3k+ eyeballs on your ad!

Subscribe to the Newsletter

Get my free, 4 min weekly newsletter. Used by 5.900+ salespeople to book more meetings and work when, where, and how they want.

Subscribe to the Newsletter

Get my free, 4 min weekly newsletter. Used by 5.900+ salespeople to book more meetings and work when, where, and how they want.

Categories
Tactical Selling Uncategorized

What I learned from the last sales job I ever had

What I learned from the last sales job I ever had

A few years ago, I started a new job as an Account Executive for a fancy tech-startup. At the time, I thought this job would be the ultimate opportunity to grow a market from scratch, build a team, and move my sales career towards management.

I was so wrong.

I ended up quitting after 5 months, with only one deal closed. It was a costly mistake for the company, and it lead to a few key realizations about what I wanted to do with my life.

Here are 4 lessons from the last sales job I ever had:

Lesson #1: When you change jobs, your pipeline resets to zero

When I started this new job, I left a well-paid position, where I was managing a team of Account Executives, while closing my own opportunities. I saw no possibility of progression in this company, which led me to switch jobs.

I completely forgot that switching jobs meant starting with an empty pipeline.

I also realized I was the new kid on the block for my colleagues, and all my previous achievements meant nothing to them.

Lesson #2: Even if you’re promised a ton of inbound leads, you’re on your own

This one will sound familiar if you recently joined a new company. While I was interviewing for the job, I was promised a dedicated SDR working with me, and a ton of inbound leads I would only need to pick and close.

A few weeks into the job and reality kicked in. My SDR (he was amazing) was so good that other AEs started asking to have him book meetings for them too. The sea of inbound leads was non-existent, and my marketing colleagues only knew how to run events, not how to generate leads.

I quickly understood I would need to source my own opportunities, which meant prospecting daily.

This is when I realized that being in sales, you need to prospect on your own. You’ll sometimes get help, but you can only rely on yourself to generate a steady flow of opportunities.

Lesson #3: Founders are often better at raising money than closing deals

During one of my business trips, the founder of the company was in Paris, and he asked to join a couple of customer meetings.

I was very happy to have him on board, (didn’t feel like I had a choice anyways), but I told him it would be challenging for him to communicate as most French customers’s English level was pretty weak.

He told me this wouldn’t be a problem, as he would only stay in the background and listen.

He did exactly that for most meetings, sitting in the meeting room, typing on his computer, oblivious to our conversations.

That was awkward…

But the worse happened when one prospect asked him about why he created the company. He immediately stopped typing on his computer, pulled out his investor deck, and started reciting his VC presentation.

We spent 15 minutes listening to how his company would change the world, how their tech was better than their competitors’, and the grandiose plans they had for the market.

Needless to say, we didn’t close the deal.

Lesson #4: Being product-obsessed is the best way to lose deals to your competition

I remember how obsessed the founding team was about us knowing the product in and out. It was a technical solution, quite well designed, but clearly too complicated to sell without a solution engineer.

The onboarding bootcamp lasted 2 weeks, in which we spent 99% of our time learning the subtleties of the product, why it was so much better than our competitors, and what were the use cases we should sell.

Our management was obsessed with us “conveying the value of the product”, selling the features, and playing catch-up with the competition. I ended-up losing most deals to my competitors (who had a better buy/sales process), and feeling extremely frustrated because I didn’t have the freedom to sell how I wanted to.

To conclude

A few weeks before handing in my resignation, I was in a very bad place. I was disillusioned and felt like I had made a terrible decision. I left at the end of September 2018 to be on my own, and I learned a ton going through this experience.

 

So keep in mind:

  • When you change jobs, your pipeline resets to zero

  • Even if you’re promised a ton of inbound leads, you’re on your own

  • Founders are often better at raising money than closing deals

  • Being product-obsessed is the best way to lose all deals to your competition

 

I hope this helps!

P.S. When you’re ready, here are 4 ways I can help you.
 
  1. Build your outbound prospecting system from scratch here (200+ students)
  2. (NEW!) Write cold messages that get a 38% reply rate and 27% meeting rate here (20+)
  3. Book me 1:1 or for your team here
  4. (NEW!) Sponsor my newsletter & get 3k+ eyeballs on your ad!

Subscribe to the Newsletter

Get my free, 4 min weekly newsletter. Used by 5.900+ salespeople to book more meetings and work when, where, and how they want.

Subscribe to the Newsletter

Get my free, 4 min weekly newsletter. Used by 5.900+ salespeople to book more meetings and work when, where, and how they want.

Categories
Tactical Selling Uncategorized

4 plays to book more meetings

4 plays to book more meetings

In today’s issue, I’m going to share a quick preview of 4 plays I use regularly to book meetings with prospects.

If you can replicate these plays, you will stop getting ignored because you’ll stand out in the LinkedIn message section or the mailbox of your prospects.

Unfortunately, most SDRs don’t try new prospecting plays, and they end up with diminishing reply rates (and booked meetings) as time goes by.

Regularly experimenting with new plays is how you keep your reply rate and meeting rate high.

Without a solid experimentation strategy, a few challenges arise:

Challenge #1: You miss on easy opportunities: you’re not able to collect data on what works now vs what worked in the past.

Challenge #2: You stagnate: your prospecting game doesn’t evolve (when other SDRs’ game does).

Challenge #3: You end up sounding like everyone else: a good approach gets quickly copied, and you lose your competitive advantage.

You can overcome all of these challenges by experimenting with new plays regularly.

Here are 4 plays you can already use:

Play 1: Invite prospects to a roundtable

This play is incredibly efficient at creating relationships with multiple prospects at the same time.

The idea is to plan a 30 minute online event and invite key prospects to join. You build a specific sequence to invite prospects, use other participants’ names to create FOMO, send a pre-event survey, and run the event.

When you’re done, you can reach out to participants to discuss the challenges they have mentioned during the call.

I love this play because I can run it regularly (quarterly), gather prospects and current customers, and collect data on the challenges of key people in the market.

Last time I ran it, I contacted 24 people, I got 10 replies, and I booked 6 prospects in the event.

Play 2: Use a graph to catch their attention

This play is a great way to show your understanding of a prospect’s problem and create a pattern interrupt.

You start by identifying a key problem of your prospect, followed by visual representation of this problem. For example, I used the graph below to represent a common issue with VPs of Sales:

U-shaped pipeline

I wrote a detailed guide about this approach and got the following results:

  • Contacted: 41

  • Replied: 15 (37%)

  • Booked meeting: 11 (73%)

Play 3: Ask them to join a user research call

This play is a great way to create relationships with prospects, understand their problems, and create opportunities to solve them.

First, you need to make sure your ICP matrix is well defined, and again, have a clear understanding of your prospects’ problems.

You can then lead with these problems in your cold outreach, asking prospects if they would be interested in hoping on a quick user research call to learn more about what they are working on.

Jack Lancaster used this approach in the early stages of Spoke.ai and shared his result on my podcast.

Play 4: Play with their website to catch their attention

This play uses the website of your prospects in order to catch their attention. I discovered it thanks to a post of Florin Tatulea and Saad Khan.

It’s a bit of a technical process, so buckle up:

  • Step 1: Go to your prospect’s homepage

  • Step 2: Write a problem-oriented question ({FirstName}, how do avoid {problem}?)

  • Step 3: Open the website editor and change the hero section of the homepage (here’s how I do it)

  • Step 4: Record a prospecting video with the updated website (make sure the GIF preview is moving)

This play is excellent to create a pattern interrupt as it uses a familiar element for the prospect and gets them to wonder how you could change the text on their website.

And these are 4 of my go-to plays when running outbound sequences.

If you’re interested in accessing these plays in details + get a new play every month, then go check my Monthly Prospecting Plays. There are already 6 live, and you’ll get access to a new play every first week of the month.

Cheers,

Thibaut

P.S. When you’re ready, here are 4 ways I can help you.
 
  1. Build your outbound prospecting system from scratch here (200+ students)
  2. (NEW!) Write cold messages that get a 38% reply rate and 27% meeting rate here (20+)
  3. Book me 1:1 or for your team here
  4. (NEW!) Sponsor my newsletter & get 3k+ eyeballs on your ad!

Subscribe to the Newsletter

Get my free, 4 min weekly newsletter. Used by 5.900+ salespeople to book more meetings and work when, where, and how they want.

Subscribe to the Newsletter

Get my free, 4 min weekly newsletter. Used by 5.900+ salespeople to book more meetings and work when, where, and how they want.

Categories
Tactical Selling Uncategorized

How I build an ICP matrix in 3 steps

How I build an ICP matrix in 3 steps

In today’s issue, I’m going to share the system I use to build an Ideal Customer Profile Matrix.

If you can duplicate this process, you will stop reaching out to random prospects, and your messaging will hit the right people.

Unfortunately, most SDRs rely on vague and subjective criteria when building their ICP, so they end up wasting time on the wrong prospects.

Having a clear ICP matrix is the first step to a successful outreach. This is how you build an accurate lead list.

Without a well thought-out ICP matrix, a few challenges arise:

Challenge #1: You’re going after random companies: you follow subjective criteria and you end up talking to companies with different goals.

Challenge #2: You’re going after random people: you contact all kinds of job titles inside of these companies, and your messaging only resonates with a small number of prospects.

Challenge #3: You end up having meetings with the wrong people: when you manage to book meetings, they are with radically different people, who have very different goals.

You can overcome all of these challenges by building a better ICP matrix.

Here’s how I do it, step-by-step:

Step 1: Define my Ideal Customer Company

First, let’s look at my ICP matrix:

ICP matrix

It’s composed of 3 columns where I define my ICCs (Ideal Customer Companies). Then we have rows where I define my ICTs (Ideal Customer Titles).

Let’s zoom in on the ICC.

I pick 3 different ICCs so I can test multiple types of companies and create various sequences based on these specific companies.

To define an ICC, you need to create a list of objective firmographic criteria. Typical criteria include revenues, funding type, headcount, industry, location, etc.

Subjective criteria should be avoided. For example, a “mission-driven company” isn’t an objective criteria. It would be hard to build a list based on this criteria, as the interpretation of mission-driven can be different from people to people.

I recommend using the filters available in LinkedIn Sales Navigator to make sure your list is objective.

Step 2: Define my Ideal Customer Titles

Now that I have a few ICCs, I can focus on the ICTs. I use the ProActive Selling methodology to differentiate between 3 types of buyers.

The first type is Above The Line (ATL) buyers. ATLs are your typical fiscal buyers. They are often VP or C-Level, and they focus on:

  • risk

  • ROI

  • costs

The second type is Below The Line (BTL) buyers. BTLs are your user/technical buyers. Often Head of, Directors, Managers. They focus on:

  • how your solution works

  • how can it help getting them a promotion

  • how it saves them/their team’s time

The third type is optional. I call them influencers. These people are not actively involved in making a buying decision, but they can positively or negatively influence your deals.

For example, when you sell a solution that has to be integrated into a mobile app (called an SDK), you have to have a developer integrating it. In some cases, developers will refuse to integrate an SDK, even if the ATL and BTL have decided they would do it.

Step 3: Test the matrix

Finally, you need to make sure your matrix can help build an accurate lead list.

The most accurate way to test your ICP matrix is to share it with a colleague and to ask them to come back with a list of 10 – 20 leads. If the lead list fits with who you want to reach out to, then your ICP matrix is good.

If the list is all over the place, then your criteria aren’t objective enough. You will need to redo it until the list fits with your typical prospect.

And these are the 3 steps I follow to build my ICP matrix.


TL;DR:

  • Step 1: Define my Ideal Customer Company
  • Step 2: Define my Ideal Customer Title
  • Step 3: Test the matrix
P.S. When you’re ready, here are 4 ways I can help you.
 
  1. Build your outbound prospecting system from scratch here (200+ students)
  2. (NEW!) Write cold messages that get a 38% reply rate and 27% meeting rate here (20+)
  3. Book me 1:1 or for your team here
  4. (NEW!) Sponsor my newsletter & get 3k+ eyeballs on your ad!

Subscribe to the Newsletter

Get my free, 4 min weekly newsletter. Used by 5.900+ salespeople to book more meetings and work when, where, and how they want.

Subscribe to the Newsletter

Get my free, 4 min weekly newsletter. Used by 5.900+ salespeople to book more meetings and work when, where, and how they want.

Categories
Tactical Selling Uncategorized

4 steps to finding prospects on LinkedIn (and personalizing at scale)

4 steps to finding prospects on LinkedIn (and personalizing at scale)

In today’s issue, I’m going to share the system I use daily to find new prospects on LinkedIn, and personalize my outreach at scale.

If you can replicate this process, you won’t be stuck looking for leads all day, and you’ll get a lot more replies.

Unfortunately, most SDRs are at the mercy of their marketing colleagues for leads, or they waste tons of time looking for prospects to contact.

Finding prospects who may have a problem you can solve is how you get replies.

Without a clear process for finding prospects, two challenges arise:

Challenge #1: You shoot in the dark: you contact prospects based on their job titles, with most of them not having a problem you can solve.

Challenge #2: You waste a ton of time: you spend hours scrolling through lead lists, or waiting for marketing to send you hot leads (rarely happens).

You can overcome all of these challenges by building a better system to find prospects on LinkedIn.

Here’s how, step-by-step:

Step 1: Identify influential people who speak to my ICP

If your customers are active on LinkedIn (logging in at least once a week), then it’s highly likely that some people have built large audiences speaking about your prospects’ problems, and how to solve them.

I’ll take sales as an example. The domain is filled with thought-leaders who have built massive audience on LinkedIn. Same goes for marketing, HR, and operations.

Your first step should be to build a list of 5 – 10 thought-leaders who post regularly (daily is best) on LinkedIn. Go check step 3 of this article if you want to know how.

I’ll take the example of Elric Legloire who posts daily about SDR tactics.

Elric's profile

He has an audience of 15,000+ followers, so he’s someone interesting to follow for sure.

Step 2: Select a recent post about a topic I can help with

Now that I have a bunch of interesting thought-leaders, I can go through a list of their posts to identify something my prospects would find valuable.

Remember, prospects are always faced with various problems, and posts related to these problems (and solutions) attract their likes and comments. Content that educates, challenges, entertains, or empathizes with prospects’ problems generates engagement (see Justin Welsh).

In my example, I scrolled through Elric’s activity (filtered by post) and found this post. It’s a list of 15 things Elric wished he knew when he started as an SDR.

This post got over 140 reactions, 31 comments, and 1 reshare. I’m pretty sure I can find some interesting people in there.

Step 3: Scroll through the list of post likers and commenters

When you click on the lists of people who engaged with the post, you can see who did what, and their connection degree with you.

Elric's post

Now you just need to scroll and look for people who fit with your Ideal Customer Profile. In my example, I could locate 14 people who fit with my ICP (around 10% of post likers).

It took me less than 5 minutes to find 10 relevant prospects. But what’s even more interesting is that I can use the same exact message for these 10 people.

(Note: if you need a simple way to build prospects lists, and track your prospecting efforts, go check my Prospecting Tracker).

Step 4: Use the post as a trigger to start conversations with prospects

As these prospects engaged with the post, it’s likely that they may have similar experiences with their SDRs. Which means they may have problems I can help with.

Let’s go back to the initial post. It’s a list of 15 things to keep in mind when working as an SDR. I could create a list of 15 mistakes to avoid when starting as an SDR and tease it as a checklist. I could also ask prospects what their team is struggling the most with.

Now that I have my triggers, I can use a simple framework to write a message, or a connection request.

Trigger + Teaser: Syham, saw you also liked Elric’s post about 15 things he wish he knew when starting as an SDR. I did a counter checklist with 15 mistakes to avoid when starting as an SDR. Interested in grabbing it?

Trigger + Question: Syham, saw you also liked Elric’s post about 15 things he wish he knew when starting as an SDR. Out of these 15 things, what’s the point where your team is struggling the most?

As you can see, these texts are less than 300 characters, so they fit as connection requests, or direct messages:

Connection request example 1
Connection request example 2

As a result, I get a 60% to 70% of my connection requests accepted, and a 38% reply rate.

And these are my 4 steps to finding prospects on LinkedIn (and personalizing at scale).


TL;DR:

  • Step 1: Identify influential people who speak to my ICP

  • Step 2: Select a recent post about a topic I can help with

  • Step 3: Scroll through the list of post likers and commenters

  • Step 4: Use the post as a trigger to start conversations with prospects

Cheers,

Thibaut

P.S. When you’re ready, here are 4 ways I can help you.
 
  1. Build your outbound prospecting system from scratch here (200+ students)
  2. (NEW!) Write cold messages that get a 38% reply rate and 27% meeting rate here (20+)
  3. Book me 1:1 or for your team here
  4. (NEW!) Sponsor my newsletter & get 3k+ eyeballs on your ad!

Subscribe to the Newsletter

Get my free, 4 min weekly newsletter. Used by 5.900+ salespeople to book more meetings and work when, where, and how they want.

Subscribe to the Newsletter

Get my free, 4 min weekly newsletter. Used by 5.900+ salespeople to book more meetings and work when, where, and how they want.