Categories
Tactical Selling

4 steps to building a problem calculator

The Prospecting Engine is live! Go check how it can help you or your team book more meetings. You can choose to do it yourself, do it with a community of salespeople, or even add some 1:1 sessions with me.

4 steps to building a problem calculator

In today’s issue, I’ll share how you can create a problem calculator to use in your prospecting. If you’ve been following me for a while, you know I love using big, massive problems to start conversations with prospects. If you can create a simple problem calculator, you’ll be able to tease it in your prospecting messages, and catch the attention of your prospects.

Here’s how, step-by-step:

Step 1: Find a big, quantifiable prospect problem

The first step is to have clear idea of a problem your prospects are trying to solve. It has to be a massive problem for them to care. It’s also important that you can quantify this problem, otherwise you won’t be able to create your calculator.

For example, a VP of Sales Development will care about outbound pipeline generation. If they have a goal of generating $150M pipeline in 2024, having a $20M pipeline at the beginning of Q2 is a massive problem.

Step 2: Find the metric your solution can impact

When you have found a big problem you can quantify, you need to find the metric your solution can impact. Your metric has to be directly related to the problem you have found in step 1.

For example, my Prospecting Engine has a direct impact on the pipeline generated by a salesperson taking it. The metric I’ll focus on is the pipeline generated.

If you were selling an expense management solution, a good metric could be the bottom line.

Step 3: Build a before/after calculator

Now that you have a clear idea of the metric your solution impacts, you can create your calculator. The easiest way to create your calculator is to create a before/after comparison so you can create a gap.

For example, in this calculator, I have created a comparison between a 100% focus on new logos only, and a 100% focus on expansion.

PS: If you need help building your own calculator, you can book a call to see how one of my programs can help you or your team.

Step 4: Tease it in your messages

The calculator I shared above is quite powerful as a reciprocity resource to use in my prospecting messages. Instead of directly sharing it, I like to tease it so I can capture the curiosity of my prospects, and get them to reply (and start a conversation with me), instead of sharing it and have them ignore me.

Here’s a prospecting template I would use to tease it to a VP of Sales:

“Mary, looks like you’re currently working with a team of 12 salespeople.

Salespeople who use my plays typically go from <5% reply rates to >15% reply rate.

With around 400 prospects contacted per month, per rep, this would mean starting conversations with 40 more prospects per rep, resulting in 480 additional monthly conversations for your entire organization.

That’s 5.760 additional conversations a year.

Worth peeking at my calculator to refine these numbers?”

And this is how you can build a problem calculator to get more prospects to reply to you.

Hope this was helpful.

Cheers,

Thibaut

P.S. When you’re ready, here are 3 ways I can help you:

→ (NEW) Enroll in The Prospecting Engine

→ (NEW) Need to train your team or invite me as a speaker? Book a call here

→ Sponsor my content & get 42K+ 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.

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Categories
Tactical Selling

How I use triggers to get a 46.45% reply rate

The Prospecting Engine is finally live! You can grab the Do-It-Together package for 50% off before the community launches on the 21st of February.

How I use triggers to get a 46.45% reply rate

In today’s issue, I’ll share exactly how I use triggers to get a 46.45% reply rate. Without understanding intent-data and how to use triggers, you won’t book outbound meetings in 2024. However, if you use triggers to create relevant outbound messages, prospects will pay attention to what you have to say, they’ll reply more, and you’ll book more meetings as a result.

Here’s how:

Step 1: Understand intent-data

Before reaching out to your prospects, you need to understand what is intent-data, and how you can use it to make your prospecting more relevant. In short, intent-data is data about a potential buyer’s online behavior that indicates what they could likely do next or buy.

For example, your marketing team will use website visits, clicks on email marketing links, or a business card collected at a tradeshow as intent-data. They then nurture the leads until they request a demo, or pass them directly to you (the salesperson) to try to book a meeting.

This kind of intent data is interesting, but you have no control over it. That’s why I suggest using a second type of intent-data – the one you find on LinkedIn. Post reactions/comments, profile visits, LinkedIn event attendance are all great intent-data you can use.

Step 2: List potential triggers

Now that you know better about intent-data, you can start listing potential triggers you can use to start conversations with your prospects. This is what I call trigger-based prospecting – you focus on finding interesting creators and influencers who attract your ICP, and use the post reactions/comments as triggers.

For example, I love using posts from other creators to find potential prospects to reach out to. That’s why I recommend listing the types of triggers you want to track, so you are sure you know what you’re looking for. Here’s a cheat sheet to help you list your triggers:

Image #1

Step 3: Use these triggers

You now have a good understanding of intent-data, and how it translates into triggers. You can use this “digital footprint” as an excuse to start a conversation with you prospect.

For example, when prospects visit my profile, I use a variation of this message:

“FirstName, saw you recently landed on my LinkedIn profile. There are a few resources I can send your way if your team is struggling to get replies. Worth a peek?”

When a prospect likes a creator’s post, I use a message like this one:

“Thomas, saw you also liked Kyle’s post on next steps from bad salespeople vs good salespeople. I may have a resource to help your reps build a habit of setting follow-up calls in the same week. Worth a peek?”

As you can see, I always use the trigger as an excuse to start a conversation, and I tease a potential resource to help solve a problem that could be related to this trigger.

If you need more inspiration, you can find over 20 cold outreach templates in my swipe file.

These are 3 easy steps I follow to use triggers and get a 46.45% reply rate.

Hope this helps.

Cheers,

Thibaut

P.S. When you’re ready, here are 3 ways I can help you:

→ (NEW) Grab the Do-It-Together package of the Prospecting Engine for 50% off (valid until 21st of January)

→ (NEW) Need to train your team or invite me as a speaker? Book a call here

→ Sponsor my content & get 42K+ 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

Designing your Power Hour: A Step-by-Step Guide

The Prospecting Engine is finally live! You can grab the Do-It-Together package for the price of the Do-It-Yourself before the community launches on the 21st of February.

Designing your Power Hour: A Step-by-Step Guide

In today’s issue, I’ll share the exact process I use to design my Power Hour. A Power Hour is an uninterrupted, focused prospecting block. Without a regular prospecting ritual, you won’t be able to create consistency, which is 80% of your success as a salesperson. But if you follow these steps, you’ll create the right habit to be successful in prospecting.

Here’s how to design your Power Hour:

Step 1: Protect your calendar

Start by identifying the moment when you’re the most productive in your workday. Personally, mornings are when I get most of my work done, and when I’m the most productive.

I’m not a big fan of prospecting (it’s boring and repetitive), but it’s the healthiest habit for my business and my pipeline. That’s why I prospect first thing in the morning, from 8:00 AM to 9:00 AM.

When you have identified your most productive time, create a 30 to 60 minute blocker, and repeat it every day, indefinitely. This will help you protect your schedule, and avoid being booked by your manager, colleagues, or anyone distracting your from this ritual.

Image #1

Step 2: Plan your Power Hour

Now that you have a recurring time block, you need to plan what you’ll do during this block. Here’s how I structure mine:

  • Step 1: Follow-ups
  • Step 2: Find 5 new prospects
  • Step 3: Add them to my sequence

Step 1 is about getting in the groove. As mentioned earlier, prospecting isn’t exactly the funniest part of your job, but it’s one of the most important ones. By starting with follow-ups, you start with the easiest task (you don’t need much research), which is more likely to get you in the mood for prospecting. I personally use Amplemarket to keep track of my follow-up tasks.

Step 2 is about adding fuel to my Prospecting Engine. I calculated that I needed to find and contact 5 new prospects per day in order to reach my prospecting targets. I look for people who fit with my ICP in the following places:

  • People who viewed my profile/followers
  • People I had conversations with in the past
  • People who can intro me to relevant prospects
  • People who reacted to posts from other sales creators

With these 4 leads sources, I have no problem finding and contacting 5 prospects every day.

Step 3 is about contacting these 5 prospects. I recommend using a trigger to create a personalized prospecting message for each prospect. For example, if I was in a conversation with a prospect in the past, but the opportunity didn’t go through, I would send a message like this one:

“Martin, last time we talked your reps were getting a 5% reply rate.

I stumbled on a 7-step checklist to double your reply rate and immediately thought of you.

Worth a peek?”

Btw, if you’re struggling to get replies and book meetings, I have released The Prospecting Engine last week, and I strongly recommend you check it out if you’re trying to build a healthy pipeline in 2024.

Step 3: Find a Power Hour buddy

Building a habit to prospect every day is extremely tough to do by yourself. It’s like going to the gym at the beginning of a new year. At first you’re motivated, then comes the first weekend, blue Monday, and after a few weeks, you’re back to your old self.

Building a prospecting habit is exactly the same. That’s why I recommend finding a Power Hour buddy, jumping on a Zoom/Meets call, putting your camera on, your mic off, and executing. You can find a Power Hour buddy among your colleagues, or grab the Do-It-Together plan of my Prospecting Engine, where you’ll be able to join other salespeople in Power Hour rooms.

If you follow these steps, you’ll be ready to launch your Power Hour. Just make sure to:

  • Protect your calendar
  • Plan your Power Hour
  • Find a Power Hour buddy

If you do it for long enough (around a month), you’ll go from dreading prospecting, to making it a part of your working day, and getting more replies and meetings as a result.

Hope this helps.

Cheers,

Thibaut

P.S. When you’re ready, here are 3 ways I can help you:

→ (NEW) Grab the Do-It-Together package of the Prospecting Engine for $400 off (valid until 21st of January)

→ (NEW) Need to train your team or invite me as a speaker? Book a call here

→ Sponsor my content & get 42K+ 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

One small shift to unlock your prospecting

The pre-sale of The Prospecting Engine is finally open! You can grab it for 50% off until Wednesday the 31st. If building a healthy pipeline is high on your priority list of 2024, then I’d strongly recommend you join this week.

One small shift to unlock your prospecting

In today’s newsletter, I will walk you through an important mindset shift for salespeople:

Moving from booking meetings to starting conversations.

This shift will help you simplify your prospecting, making it more relevant to you and your customers.

It’s important because it will change your focus from something you can’t control – booking a meeting, to something you naturally do every day – starting conversations.

Let’s dive in.

The biggest mistake

Most salespeople who are prospecting have one goal: booking a meeting. This approach is understandable, because that’s what they are paid for (as SDRs), or it’s the best way to maximize their earnings (as AEs).

However, when you are focusing on booking meetings, you tend to skip the most important part – generating interest from the person receiving your message. Without focusing on conversations, salespeople tend to pitch their products, insert meeting links in their messages, and turn prospects off as a result.

Before you know it, you’re sending hundreds of emails each week, without getting any reply, and you start worrying about reaching your targets. You change your messaging too often, and your inner voice starts doubting your capacity to book a meeting.

A better approach: focus on starting a conversation

Here’s how I recommend building your prospecting sequences:

  1. Review your ICP: What companies are you trying to sell into? To which job titles inside of these companies?
  2. Find big problems: What massive problems are these people trying to solve every day?
  3. List symptoms of these problems: What concrete symptoms these problems create?
  4. Find resources to alleviate the symptoms: Are there resources you can share to solve these problems?
  5. Insert point 3 and 4 in your messages: Ask questions about these symptoms, and tease the corresponding resource.

Example: Selling a Global Employment Platform

For example, let’s say you’re a rep working at a Global Employment Platform, helping HR teams hire the best talent worldwide.

Start by following the 5 steps from above:

Review your ICP: You may be selling this platform to so many different types of companies. Pick one Ideal Customer Company and find two Ideal Customer Titles (Above The Line and Below The Line). For example, you could sell to remote-first scale ups with distributed teams in more than 3 countries. Your ATL could be a VP of People and your BTL could be a Payroll Manager.

Find big problems: VPs of People typically have issues navigating compliance when hiring employees and contractors. They have big risks related to local rules around employment. Payroll Managers are typically dealing with increased complexity for each new employee in a different country.

List symptoms of these problems: Let’s say your prospect’s company is expanding into the French market. They’ll have huge financial risks if hiring a full-time employee as a contractor. This is called “disguised employment” and could get your prospect’s company into legal problems, which is a headache for a VP of People. A Payroll Manager’s symptom would be the time wasted on shifting from country to country to fill-in the payroll documentation for each employee, every month.

Find resources to alleviate symptoms: Your company should have some free resources to market to your prospect. In our example, a cheat sheet of all countries that won’t ever consider full-time contractors as disguised employees would be incredible valuable to a VP of People. A checklist on structuring your schedule to fill-in payroll documentation in different countries would be great for a Payroll Manager.

Insert point 3 and 4 in your messages: Here’s an example of a cold message to a VP of People:

“Martha, saw your press release on expanding into the French market in 2024.

Curious to know if you’re adding employees or contractors locally. If that’s the case, how do you plan on avoiding the URSSAF from considering your full-time contractors as disguised employees?

If that’s a challenge you’re faced with, I have a cheat sheet on French-speaking countries that won’t ever consider full-time contractors as disguised employees.

Worth a peek?”

And for the Payroll Manager:

“John, saw your press release on expanding into the French market in 2024.

Curious to know how you’re avoiding wasting hours (and neurones) filling-in French payroll documentation.

If you’re into it, I can share a 7 point checklist on structuring your schedule to fill-in payroll documentation in 180+ different countries.

Worth a peek?”

Tying it back to you

If your job involves booking meetings with prospects (it should be if you’re in sales), start by reviewing your ICP, and listing concrete problems they are trying to solve every day.

Once you’ve done that, list detailed symptoms of these problems, find or build resources to help solve these problems, and include these into your messages.

This approach will help you start many more conversations, and help you focus on what you can control.

And if you want a step-by-step guide on doing this, and much more, then go check my new course, The Prospecting Engine. I’m making it available for 50% off until the 31st of January.

Hope to see you in there.

Cheers,

Thibaut

P.S. When you’re ready, here are 3 ways I can help you:

→ (NEW) Pre-order The Prospecting Engine for 50% off (valid until 31st of January)

→ (NEW) Need to train your team or invite me as a speaker? Book a call here

→ Sponsor my content & get 42K+ 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 turning your targets into daily activity

Last chance to join the waitlist of my Prospecting Engine. Pre-sales go live on the 24th of January, and the course will drop on the 31st of January. Join the waitlist and grab the Prospecting Engine for half the price.

5 steps to turning your targets into daily activity

In today’s newsletter, I’ll share 5 simple steps to turn your targets into daily prospecting activity. If you follow these steps, you’ll have a clear understanding of the daily effort required to reach your targets.

Here’s how, step-by-step:

Step 1: Review your sales goals

Start by defining or reviewing your goal. If you are an Account Executive, your goal may be a booking, MRR, or revenue goal. If you’re an SDR, your goal may be an opportunity or meetings booked. In both cases, having a clear understanding of your monthly, quarterly, or yearly goal is critical to being successful in your job.

In the example below, the goal is 138 discoveries performed per quarter:

Image #1

Step 2: Set your conversion rates

Now that you have a clear goal, it’s important to understand your conversion rates. This can be as simple as determining how many meetings you book per prospect you contact, but I recommend tracking the following conversion rates:

  • Reply rate: # of prospects who replied / # of prospects contacted
  • Meeting booked rate: # of prospects who accepted a meeting / # of prospects who replied
  • Meeting held rate: # of prospects who showed up / # of prospects who accepted a meeting

In the example below:

  • Reply rate: 38%
  • Meeting booked rate: 20%
  • Meeting held rate: 80%

Image #2

Step 3: Add 20% padding

Using these conversion rates, you can calculate the number of prospects to add to your sequences in order to reach your targets. However, I recommend adding a 20% padding to account for variations in your prospecting system.

For instance, you may not know your conversion rates if you start a new job, prospect into a new market, or simply try a new sequence. Adding a padding of 20% will reduce the risk of missing your targets.

Step 4: Run your calculations

Next, use your end goal and conversion rates to break down your end goal into a daily activity. In our example, performing 138 discovery calls per quarter means adding 2277 prospects to your sequence for the whole quarter, which represents 35 new prospects per weekday.

Image #3

This is how to turn a big goal into a daily activity target. By doing so, you’ll build confidence in your prospecting system and make progress towards reaching your targets.

You can also use my Sales Process Calculator (I used it in the examples above) to calculate your daily activity target.

Step 5: Execute

Finally, you need to execute daily to see any results. I recommend creating a prospecting routine so you can protect your time for prospecting. Having a 30 to 60 minute recurring block will protect your time, and allow you to create consistent results.

Hope this helps.

Cheers,

Thibaut Souyris

P.S. When you’re ready, here are 5 ways I can help you:

→ Learn how to use AI to book meetings here (190+ students)
 
→ Build your outbound prospecting system from scratch here (300+ students)


→ 
Write cold messages that get a 38% reply rate and 27% meeting rate here (90+ students)

→ Sponsor my content & get 41K+ 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 restarting your prospecting in 2024

Today’s newsletter is sponsored by:

Kaspr, contact details for your prospects in one click. Download the chrome extension for free and get instant access to accurate mobile numbers and email addresses. Get an extra 25 mobile credits for free using my link.

5 steps to restarting your prospecting in 2024

In today’s newsletter, I’ll share the exact system I’m using to restart my prospecting as I’m back from the holiday break. If you can replicate these steps, you’ll already be ahead of your fellow sales reps, as they are emerging from the holiday season without a plan.

Here’s how, step-by-step:

Step 1: Define your ICP and their problems

Start by building your ICP matrix. The ICP matrix is composed of your Ideal Customer Company (ICC) in columns, and your Ideal Customer Title (ICT) in rows. Your ICC is the type of company you’d like to go after, and the ICT is the type of job title you’d like to go for.

When your ICP matrix is done, focus on understanding the problems of your prospects. If you need to go further, I recommend checking the Cold Message System.

Step 2: Find where they hang out

Humans are social creatures, and they typically hang out with other humans who have the same interests. Nowadays, they mostly do it online, on social networks.

For most salespeople, LinkedIn is a great place to find prospects, and identify triggers to help them start conversations.

I recommend following these 4 steps to identify where your prospects hang out, and create personalized messages at scale.

Step 3: Enrich data

Now that you know where to find your prospects, you need to find the correct emails and phone numbers of your prospects, on top of their LinkedIn profiles. You can use the Kaspr extension to do so (+ you’ll get 25 free mobile credits when you sign up with my link).

Step 4: Build a problem centric sequence

You now have all the information you need to start reaching out to your prospects. Before doing so, you need to build a sequence to maximize your reply rate. I did a quick video to help you create a sequence from scratch, with ChatGPT.

When the sequence is ready, you’ll need to use messages that stand out from the hundreds of outbound touchpoints your prospects have to deal with. Here’s a collection of top-performing templates.

Step 5: Restart your daily prospecting routine

All these steps will result in nothing if you don’t create a daily prospecting habit. This step is by far the most challenging, since humans have a hard time building and keeping healthy habits.

I recommend doing the following:

  • Step 1: Identify the time when you’re the most productive
  • Step 2: Put a recurring blocker of 60 minutes
  • Step 3: Follow the steps in this short guide
  • Step 4: Repeat until it becomes a habit (at least 21 consecutive days)

You can also try my New Outreach System if you need a more in-depth guide.

And these are the 5 steps I am currently following to restart my prospecting for 2024. Here’s a quick video example if you want to learn more.

 If you follow these 5 steps, you’ll be in good position to grab your prospects’ attention, engage them in conversations, and book meetings with people who are trying to solve a problem you can help with.

Hope this helps.

Cheers,

Thibaut

P.S. When you’re ready, here are 5 ways I can help you:

→ Learn how to use AI to book meetings here (190+ students)
 
→ Build your outbound prospecting system from scratch here (300+ students)


→ 
Write cold messages that get a 38% reply rate and 27% meeting rate here (90+ students)

→ Sponsor my content & get 41K+ 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

My 2024 (sales) resolutions

Today’s newsletter is sponsored by:

My new course, The Prospecting Engine. It’s going live on the 31st of January 2024, but you can already join the waitlist and learn more about it here.

My 2024 (sales) resolutions

In today’s newsletter, I’ll share my sales resolutions for 2024. With this last newsletter of the year, I’ll share what happened in 2023, what are the lessons I learned, and what I’m planning to do in 2024 to reach these goals.

Let’s dive in:

Resolution #1: Grow my online course sales to $75.000

2023 was a pivotal year for my family. We moved from Berlin to South of France with my wife and my son, and I wanted to find more time to focus on what I love doing; take care of my family and grow a business where I can choose what I do with my time, without having to worry (too much) about money.

Doing so means having options, and online courses are a good way to create value for my customers, while decoupling this value from my time.

I started selling online courses in October 2021, so I have over two years of historical data to forecast 2024. In 2022, I did over $29.000 in online courses, in 2023, over $47.400, and I’m planning to reach $75.000+ in 2024.

Here’s how I’ll do it:

  • Keep offering The New Outreach System, The AI Outreach System, The Cold Message System to people who are looking for a specific prospecting outcome (grab these courses for 50% off with code “NEWYEAR” on checkout)
  • Launch The Prospecting Engine to reliably equip salespeople with the knowledge and systems necessary to start conversations, book meetings, and generate a healthy pipeline in 2024 and beyond.
  • Offer different support options for people who buy my courses (1:1 coaching, peer-to-peer community, monthly office hours)

I’m pretty excited for 2024, seeing the growth in online courses I saw between 2022 and 2023.

Resolution #2: Support my students with a community

If you’ve been following me for a while, you may remember my community, The T-shaped Sales Community. It started as a Discord group, before being rebranded Selling Advantage, only to loose momentum and stop after about a year.

At the time, I didn’t have the systems and the knowledge to run a community that would be useful to salespeople.

But in 2024, being able to exchange with peers on what works and what doesn’t when it comes to booking meetings is essential. I want my courses to produce tangible results for everyone who purchases them, and a lot of my customers need more than just videos to apply their learnings.

This community will be different from the previous one. It will be focused on getting students who purchased my courses a place where they can interact with other students, with monthly group office hours with me (and the recordings if they can’t make it).

If you’re intrigued by it, then join the waitlist of The Prospecting Engine. The Community and the course will go live on the 31st of January 2024.

Resolution #3: Close highly profitable sponsoring deals to help my students

In summer 2023, I started experimenting with sponsoring options for people and businesses who wanted to get their products in front of my 41K+ audience. I initially offered sponsored LinkedIn posts and sponsored newsletters.

This was a simple way to monetize my content, but I’m now working on longer, more profitable sponsoring deals with people and business who can create immense value for my audience and customers.

A good example of that is a sponsoring campaign including multiple sponsored LinkedIn posts (still tactic with a specific outcome), multiple newsletter sponsoring, and a co-branded lead magnet.

If you’re interested in discussing these options, go check my sponsoring page.

And these are my 3 sales resolutions for 2024. I’m really excited to keep building Tactical Selling, and I want to wish you a Happy New Year.

Cheers,

Thibaut Souyris

P.S. When you’re ready, here are 5 ways I can help you:

→ Learn how to use AI to book meetings here (190+ students)
 
→ Build your outbound prospecting system from scratch here (300+ students)


→ 
Write cold messages that get a 38% reply rate and 27% meeting rate here (90+ students)

→ Sponsor my content & get 41K+ 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

My top 3 prospecting tactics of 2023

Today’s newsletter is sponsored by:

My new course, The Prospecting Engine. It’s going live on the 31st of January 2024, but you can already join the waitlist and learn more about it here.

My top 3 prospecting tactics of 2023

In today’s newsletter, I’ll share my top 3 prospecting tactics of 2023. I tried over 23 different outbound messages and tactics in 2023, and the following ones got me the most replies and meetings.

Let’s dive in.

Tactic 1: Direct Approach

The Direct Approach can be used as a LinkedIn connection request, a direct message, or even an email. I personally booked 12 meetings with this framework, when I was looking for sponsors for my content.

Here’s how it is structured:

  • Trigger: {First Name} mentioned that your worked together on {Common Work}.
  • Opposed: Would you be opposed to {desired outcome}?

Example:

  • Trigger: Joe, Morgan mentioned that you worked together on a campaign.
  • Opposed: Would you be opposed to putting Kaspr in front of my 40k+ audience?

This framework is effective because it begins with a personalized element (the trigger), piques the curiosity of the prospect by presenting an opportunity to solve a problem, and encourages a response if the prospect is interested.

Tactic 2: Do the maths

Do The Maths is an amazing framework, inspired by a post from Kaitlin Conner.

Here’s how it is structured:

  • Trigger: {First Name}, noticed {quantified public information}.
  • Quick pitch: We help {similar businesses} reduce {key metric}.
  • Calculation: With a typical {cost of key metric}, this would mean going from {current state to better state}, resulting in {quantified savings}.
  • CTA: Worth a chat?

Example:

  • Trigger: Mary, noticed you have over 50 open positions on your job portal.
  • Quick pitch: We help tech scale ups reduce their new employee churn from 30% to 10% or less.
  • Calculation: With a typical cost of mis-hire around $30,000 per employee, this would mean going from 15 mis-hires to 5, resulting in $300,000 saved.
  • CTA: Worth a chat?

This framework works so well because it shows your prospect that you have done your homework, and you have a quantified idea of their problems. If they are trying to solve this problem, your message will stand out.

Tactic 3: PS

PS is a framework I heard about in this post from Charlotte Johnson.

Here’s how it’s structured:

  • Question: {First Name}, curious to know how you’re preventing {problem with negative consequence}.
  • Teaser: If you’re interested, I can share a {resource to solve negative consequence}.
  • CTA: Sounds interesting?
  • PS: Saw you’re {personal information on LinkedIn profile}.

Example:

  • Question: Eric, curious to know how you’re preventing your new hires from taking too much time to go through their onboarding.
  • Teaser: If you’re interested, I can share a short, 3-step playbook on fixing your onboarding process.
  • CTA: Sounds interesting?
  • PS: Saw you’re also a sommelier. Big fan of wines from Languedoc-Roussillon myself. Ever tasted one?

This frameworks is really powerful because you can mention something personal in the PS, without having to worry if it is relevant with the problem of your prospect. It humanizes your outreach, and makes you stand out.

These are my top 3 outbound prospecting tactics of 2023. They contributed to the following outbound prospecting results in 2023:

  • Prospects contacted: 633
  • Prospects replied: 294 (46.45% reply rate)
  • Meetings booked: 66 (22.45% meeting rate)
  • Opportunities generated: 34 (51.52% opportunity rate)

If you’re interested in discovering the exact system I used to get these results, then join over 130 salespeople in the waitlist of my 2024 course, The Prospecting Engine.

Hope this helps.

Cheers,

Thibaut

P.S. When you’re ready, here are 5 ways I can help you:

→ Learn how to use AI to book meetings here (190+ students)
 
→ Build your outbound prospecting system from scratch here (300+ students)


→ 
Write cold messages that get a 38% reply rate and 27% meeting rate here (90+ students)

→ Sponsor my content & get 41K+ eyeballs on your ad

Subscribe to the Newsletter

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Categories
Tactical Selling

3 steps to building a lead list for 2024

Today’s newsletter is sponsored by:

My new course, The Prospecting Engine. It’s going live on the 31st of January 2024, but you can already join the waitlist and learn more about it here.

3 steps to building a lead list for 2024

In today’s newsletter, I’ll share 3 steps you can follow if you’re trying to build a solid lead list for 2024. If you follow these steps, you’ll find the right type of prospects, enrich their profile with all the data you need to contact them, and set yourself for success in 2024.

First, let me introduce you to a tool called the ICP matrix (you can find it the New Outreach System):

Image #1

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.

Step 1: Define your Ideal Customer Company

In the example above, I picked 3 different ICCs so I could test multiple types of companies and create 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.

Here’s an example using amplemarket’s Searcher:

Image #2

Step 2: Define your Ideal Customer Title

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.

Here’s an example search from amplemarket’s Searcher:

Image #3

Step 3: Build a list for each segment

Now that you have a clear ICP matrix, you can create a lead list for each segment (one per box of the matrix). For example, if I apply the criteria of the top left box of the matrix, these are the filters I use:

Image #4

And this is an extract of what I found with amplemarket:

Image #5

As you can see, I found 118 prospects, and 102 companies. I can then add export the list, enrich all their profile data, and reach out to them on LinkedIn, email, and phone. If you don’t have access to amplemarket, don’t worry, you have two options:

  • Use whatever lead source you have (most common are Sales Navigator or Crunchbase).
  • Go check my detailed post, comment “ICP”, and follow amplemarket on LinkedIn and I’ll pick one winner and announce it on the 9th of January. This person will win one year of access to the Searcher feature of amplemarket for free.

And these are 3 steps you can follow to build a lead list for 2024. Make sure to go watch my detailed video and comment “ICP” to enter the giveaway and get the chance to access the Searcher feature for free. (You can also book a demo if you can’t wait for the 9th of January).

Hope this helps.

Cheers,

Thibaut

P.S. When you’re ready, here are 5 ways I can help you:

→ Learn how to use AI to book meetings here (190+ students)
 
→ Build your outbound prospecting system from scratch here (300+ students)


→ 
Write cold messages that get a 38% reply rate and 27% meeting rate here (90+ students)

→ Sponsor my content & get 41K+ 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 reached a 57.5% win rate in 2023

Today’s newsletter is sponsored by:

My new course, The Prospecting Engine. It’s going live on the 31st of January 2024, but you can already join the waitlist and learn more about it here.

How I reached a 57.5% win rate in 2023

In today’s newsletter, I’ll share exactly how I reached at 57.5% win rate in 2023, so you can get some inspiration and increase your win rate as 2023 is coming to an end. If you follow these steps, you’ll start more conversations, turn them into meetings, and create momentum to close your deals faster.

Let’s dive in:

Part 1: Refined my triggers

In 2023, you need 3 things to get replies from cold outreach: creativity, relevance, and timing. In the past, creativity and relevance were enough, but nowadays, you need to reach out to a prospect right when you find a trigger.

Here are two examples of triggers I used to start conversations:

Example 1: Product announcement

Back in October, I received a product announcement by email from Mixmax. The announcement was about an AI composer they had just released. Here’s the message I sent and the reply I got:

Image #1

Example 2: Webinar

In early December, I attended a webinar about influencer marketing in B2B. One of the speakers shared a breakdown of how they structured their deals, and the exact outcomes they were looking for.

On the day of the webinar I added this prospect to my new prospecting tracker (I’m now using Amplemarket), and the morning after, I reached out to them.

Image #2

And this is is what they replied:

Image #3

In both cases, a relevant and well-timed trigger allowed me to start conversations with a single touchpoint.

Part 2: Shortened my messages

As I’ve been prospecting mostly on LinkedIn, I focused on keeping my messages under 300 characters (the limit for a connection request). This forced me to stay within a strict limit and helped me convey my message in the shortest way possible.

I also doubled down on text only messages for people I had never met before, because I noticed that many prospects didn’t even watch my prospecting videos or LinkedIn voice notes.

But the most impactful change has been around the content of my messages. I started testing outbound message templates from B2B sales influencers, which I compiled in a Prospecting Template Swipe File. This made a major difference and took me from 38% reply rate to 46.31%.

Part 3: Made my offering crazy simple

The last point was also the most impactful on increasing my win rate. I define my wine rate as the number of closed won opportunities divided by all the opportunities I opened. In the past, I was selling two types of products:

I typically charge 5 figures for these engagements, without a trial period, or a smaller deal, which makes it challenging to close.

Now I’m focusing on selling sponsorship deals (I still offer training and consulting) but it’s incredibly easier to start with a small deal, close it, and expand when I can show results. I even close a majority of these deals by chatting on LinkedIn only.

Ideas to increase your win rate

For most people, increasing their win rate to 50%+ is not possible. They have limited flexibility on their offering and what they are selling. But here are some ideas:

And these are the 3 steps I followed to reach a 57.5% win rate in 2023.

Hope this helps.

Cheers,

Thibaut

P.S. When you’re ready, here are 5 ways I can help you:

→ Learn how to use AI to book meetings here (190+ students)
 
→ Build your outbound prospecting system from scratch here (300+ students)


→ 
Write cold messages that get a 38% reply rate and 27% meeting rate here (90+ students)

→ Sponsor my content & get 41K+ 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.