Categories
Tactical Selling

This is how you should use AI for sales

Thanks to our sponsor who keeps this newsletter free for the reader:

Today’s newsletter is sponsored by Reply.io’s Sales AI Marathon, where I’ll be giving a free AI messaging masterclass. Grab your free seat here.

And by my AI Prospecting Masterclass. It’s a 90-min live workshop to discover advanced AI tactics to book meetings. Join the waitlist today.

This is how you should use AI for sales

In today’s issue, I’ll share three concrete ways you can use AI for sales. AI has been a trending topic in sales for a few months. With more experience, we can now understand what AI can do for us and what its limitations are.

But first, let me share a quick story to demonstrate how AI is more of a productivity tool than a superior intelligence that will take your job.

Below is a sticker I created using AI on my iPhone (yes, it’s my son):

Image #1

Here’s the initial picture:

Image #2

I kept my finger on the element and the AI extracted it:

Image #3

As you can see, the AI highlighted and automatically extracted the element. This process took me 1 second compared to 3 minutes without AI.

This is an example of a task that AI can perform better and faster than a human.

And here are 3 ways it can help salespeople:

Idea #1: Prospect research

AI, specifically ChatGPT, is extremely useful for prospect research. For instance, you can utilize AI to brainstorm challenges faced by prospects using the following prompt:

Prompt: “Act like {nameOfProspect}, the {jobTitle} at {company}. {company} is {companyDescription}. Here’s more details about {nameOfProspect}:

{LinkedInAboutSection}.

Now list your top 3 challenges for 2023. Bullet point answers only, no jargon, clear and concise sentences.”

Example: “Act like Jeff Weiss, Chief Revenue Officer at CMiC. CMiC is a construction software for accounting and project management, built on a Single Database Platform. List your top 3 challenges for 2023. Bullet point and concise answer only.”

Image #4

When you’re done, you can ask the AI to find symptoms of challenges with the following prompt:

Prompt: Now list 3 symptoms for each challenge above. Bullet point and short answers only.

Example:

Idea #2: Outreach Personalization

Personalizing outreach is crucial for receiving replies when prospecting through email or LinkedIn. However, the challenge lies in the time it takes to personalize each message. Here are some ways you can significantly reduce that time:

Step 1: Export the resume of your prospect in pdf

  • Go to the LinkedIn profile of your prospect and locate the “More” button.
  • Click on “More” to reveal a dropdown menu.
  • In the dropdown menu, select “Save to PDF” to export the profile as a PDF. This works for 1st, 2nd, and 3rd degree connections.

Step 2: Ask the AI to skim the resume for personalization elements

Prompt: Here’s the LinkedIn profile of a prospect. I’m trying to get this prospect to reply to my LinkedIn messages and I need to mention an element of their profile that is relevant to problems I help solve:

  • {problem 1}
  • {problem 2}
  • {problem 3}

Now find me 5 elements from this resume that I could mention to catch their attention. Here’s the resume:

{PDFcontent}”

Example:

Image #6

Step 3: Write your message

Now that you have learned more about your prospect, you can select a personalized element that is relevant and use it to compose your outbound message.

In the given example, I chose point number 4, which mentions the prospect’s experience with private tutoring.

Here is the message I wrote:

Image#7

Idea #3: Writing Cold Emails

AI is similar to a super virtual assistant. It operates continuously, learns rapidly, and continually expands its knowledge through training. You can train AI to compose a cold email, and it will utilize that training to generate new email ideas. Here is a prompt you can use:

Prompt: Now I’d like to build a [x] touchpoint outbound sequence in order to get [prospect] to reply to my prospecting. I use the following framework for each message:

  • Question: A question based on one of the 9 symptoms above
  • Teaser: A potential resource to help alleviate the symptom mentioned in the question
  • CTA: A simple question to get a reply

Here’s an example for the first symptom you listed:

  • Question: How do you avoid and inconsistent of undefined sales process?
  • Teaser: If you’re interested, I can share a 3-step checklist to help you audit your sales process.
  • CTA: Worth checking it?

Now based on the framework I shared, build a cold outreach message for each symptom listed above. For the teaser, don’t mention a case study or webinar. Instead make it more appealing by calling it a resource, checklist, playbook, framework. Always introduce the teaser with a variation of “If you’re interested, I can share a [teaser]” or “If you’re into it, I can share a [teaser]”.

Example:

Image #8
Image #10

And these are 3 ways you can use AI to become more efficient. As you can see, the AI helped brainstorm, find relevant triggers faster, and turn a template into a message quickly. It didn’t replace what makes a salesperson successful: their experience and knowledge.

And if you’re interested in learning how I use AI for prospecting, you can join my free workshop at the Sales AI Marathon.

Hope this helps.

Cheers,

Thibaut Souyris

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

→ (NEW) Fill in this quick survey to improve this newsletter
 
→ Learn how to use AI to book meetings here (150+ students)
 
→ Build your outbound prospecting system from scratch here (250+ students)


→ 
Write cold messages that get a 38% reply rate and 27% meeting rate here (75+ students)

→ Sponsor my newsletter & get 5.500+ 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

3 tactics you can’t ignore to keep a deal moving

Thanks to our sponsor who keeps this newsletter free for the reader:

Today’s newsletter is sponsored by Topo, a buyer engagement platform. They just released the “Sales Playbook for 2023: Navigating 8 Key Sales Challenges in an Economic Downturn”. Get access to it for free here.

And by Reply.io’s Sales AI Marathon, where I’ll be giving a free AI messaging masterclass. Grab your free seat here.

3 tactics you can’t ignore to keep a deal moving

In today’s newsletter, I’ll share 3 tactics you can’t afford to ignore if you want to keep your deals moving in 2023. So many salespeople I’m speaking with are getting ignored by prospects, ghosted by customers, and they keep losing momentum in their deals.

Here are 3 tactics that will help you solve that:

Tactic #1: Ask the right questions

When running a discovery call, a majority of salespeople try to get their prospects to go through a qualification framework. But in most cases, buyers feel interrogated, and they end up ghosting sellers. That’s where you can use Skip Miller’s tool:

  • Cause – What’s causing your to have a conversation with me?
  • Outcomes – What are the outcomes you’re expecting?
  • Decision – When can you make a decision?

If you can answer these 3 questions, your deals will gain momentum, and you’ll get ghosted a lot less. However, you may find that a lot less deals are going through in your pipeline, as these questions help you find out who’s serious and who’s not.

Tactic #2: Follow-up with a value-based email

When buyers ghost you, it can be challenging to come up with an email that’s going to get you a reply. If you’re “just checking in” or “bumping this at the top of your inbox”, you will lose momentum.

That’s where I love using the Jobs to be done framework:

I used a variation of this framework (always tweak your messaging) and got this reply:

Image #2

Tactic #3: Align and follow-up all in one place

When you’re working on a deal with your buyers, you end up using multiple channels (email, Slack, text, etc.) and this creates friction in your deal. Between quotes, redlining from legal, and other back and forth, it’s easy to lose track and delay your closing time.

That’s why I recommend using a tool like Topo, where you can create a digital sales room. This allows you to share and execute mutual action plans, involve and get commitment from all your stakeholders, and share all types of valuable content with your prospects.

These are 3 tactics you can use to keep a deal moving. I detailed them on LinkedIn, so give it a quick comment and reaction to make sure as many people as possible can see it.

Hope this helps.

Cheers,

Thibaut Souyris

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

→ (NEW) Fill in this quick survey to improve this newsletter
 
→ Learn how to use AI to book meetings here (150+ students)
 
→ Build your outbound prospecting system from scratch here (250+ students)


→ 
Write cold messages that get a 38% reply rate and 27% meeting rate here (75+ students)

→ Sponsor my newsletter & get 5.500+ 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 this sales rep used negative-psychology to book a meeting with me

Today’s newsletter is a bit special.

Today’s newsletter is the last one in this format. As of next week, I’ll share the newsletter with an upgraded visual, and some additional content to help you book more meetings. I’d love for you to take 20 seconds to tell me about what you’d like to see in Tactical Selling.

How this sales rep used negative-psychology to book a meeting with me

In today’s newsletter, I will share how a sales rep used two psychological biases to book a meeting with me. I receive a ton of messages from people trying to book a meeting with me, and in most cases, I ignore them. Here is what this sales rep did differently:

Step 1: The trigger

Here’s a screen capture of the first message the rep sent out.

Image #1

Omid used a clever approach to reach out to me by replying to my weekly newsletter and complimenting my work instead of directly asking for a meeting. Omid knew that, as a creator, I would appreciate feedback on my newsletter. This short email earned him a reply.

Image #2

Step 2: The ask

With the conversation open, Omid accepted to write a testimonial, but he asked for something in exchange:

Image #3

Note that Omid did not immediately pitch his idea. Instead, he asked for a “selfish favor”. This approach is brilliant because I am not in a position to say no, especially since he agreed to write a quick testimonial about my newsletter.

Step 3: The pitch

After receiving the authorization, Omid pitched his product and requested a meeting.

Image #4

I like this message for a few reasons:

  • Short description of what Omid is building (even if it’s not really clear in this email)
  • Asking for 25 minutes is a good pattern interrupt (in general people ask for 30 min)
  • The PS gives credibility by mentioning other creators
  • No link

Despite the great message, I didn’t feel like responding because I wasn’t sure if it would be a waste of 25 minutes of my time. So, I ignored the email.

Step 4: The negative psychology + reciprocity trick

This is where Omid demonstrated his outbound prospecting skills. He waited for two days, giving me enough space but not waiting too long. On August 24th, he submitted the testimonial and sent the following message:

Image #5
Image #5

The message and its timing are brilliant for a few reasons:

  • Omid employs reciprocity by writing a nice testimonial about Tactical Selling
  • He labels the situation by assuming my silence was a polite way of saying no
  • He doesn’t push for a meeting or try to convince me of anything, instead telling me it’s fine (negative psychology)

As a result, I accepted the risk of wasting 25 minutes of my time because Omid gave me something (the testimonial) and played along instead of trying to persuade me.

This is how Omid booked a meeting with me. He understood that the goal of an outbound message is to start a conversation and navigate it until a meeting is set.

Hope this helps.

Cheers,

Thibaut Souyris

need help understanding how to use AI for prospecting?

Stop playing around with ChatGPT. Start using it to book more meetings.

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

→ (NEW) Fill in this quick survey to improve this newsletter
 
→ Learn how to use AI to book meetings here (150+ students)
 
→ Build your outbound prospecting system from scratch here (250+ students)


→ 
Write cold messages that get a 38% reply rate and 27% meeting rate here (55+)

→ Sponsor my newsletter & get 5.500+ 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

5 resources to help you get back to prospecting

Thanks to our sponsors who keep this newsletter free for the reader:

Today’s newsletter is sponsored by Owler, the Ultimate Sales Companion. Start monitoring companies important to you. Set up instant insights and get sales triggers such as funding announcements, product launches, acquisitions and more delivered to you immediately when they happen so you can take action and increase your sales rapidly.

And by my AI Prospecting Masterclass. It’s a 90-min live workshop to discover advanced AI tactics to book meetings. Join the waitlist today.

5 resources to help you get back to prospecting

In today’s newsletter, I’ll be sharing 5 tactical resources to help you get back to prospecting. Over the last 3 weeks, my 15-month-old son has been at home (because daycare was closed), and my prospecting routine was impacted. If you can relate to this situation, the following 5 resources may help you get back on track:

Resource #1: 4 steps to kick start your prospecting

In early 2022, I wrote a quick prospecting restart guide following the Christmas and New Year holiday. This guide covers the following:

  • Ways to get motivated to restart prospecting
  • A simple sequence to get back into the flow
  • Ideas based on my personal prospecting routine

Grab it here.

Resource #2: How many prospects you should contact everyday

If you’re unsure of how many prospects you should contact daily, you risk missing your target or losing motivation. To help you determine that number, I wrote a 4 step guide which covers the following:

  • How to break down a big goal into daily activities
  • Insights on optimal reply rates and meeting rates
  • Bonus: Includes a free sales process calculator

Grab it here.

Resource #3: 3 rules to getting replies with cold email

Getting replies to emails in 2023 can be incredibly challenging. To help with this, I have written a short guide with tactical tips on how to increase your chances of getting replies. In this guide, you will learn:

  • How to write effective subject lines (including examples I use)
  • The ideal email length
  • A few frameworks to help you get started with writing your emails

Grab it here.

Resource #4: The Ultimate guide to AI-powered Outreach

Using AI to become more efficient in prospecting is critical. If you don’t learn how to use AI for sales, you’ll have a hard time being successful. That’s why I have created a simple guide with three concrete use cases of AI for prospecting. Here’s what you’ll learn:

  • The truth about AI for salespeople
  • What salespeople who understand how to use AI never do
  • A simple tactic to catch the attention of your prospects and achieve a reply rate of 38% or higher.

Grab it here.

Resource #5: New Outreach System + AI Outreach System Bundle

There are only four months left in 2023. If you don’t have a prospecting system in place by the end of September, you’ll likely miss Q4. That’s why I created a bundle of my New Outreach System and my AI Outreach System. Here’s what you’ll learn:

  • How to define your ideal customer profile and identify their problems
  • How to build a prospecting system from scratch, including sequences, messages, and more
  • How to use AI, specifically ChatGPT, for prospect research, writing messages, and increasing your efficiency
  • And much more tactical knowledge

In addition, I’m offering a 35% discount on this bundle, which is valid until Sunday.

Hope this helps.

Cheers,

Thibaut Souyris

need help understanding how to use AI for prospecting?

Stop playing around with ChatGPT. Start using it to book more meetings.

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

 
→ Learn how to use AI to book meetings here (150+ students)
 
→ Build your outbound prospecting system from scratch here (250+ students)


→ 
Write cold messages that get a 38% reply rate and 27% meeting rate here (55+)

→ Sponsor my newsletter & get 5.400+ 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 tweak my messaging when running an outbound sequence

Thanks to our sponsors who keep this newsletter free for the reader:

Today’s newsletter is sponsored by my AI Prospecting Masterclass. It’s a 90-min live workshop to discover advanced AI tactics to book meetings. Join the waitlist today.

How I tweak my messaging when running an outbound sequence

In today’s newsletter, I’ll share the process I follow for tweaking my messaging when running an outbound sequence. While sticking to a strict outbound sequence is important, adjusting the content of your outbound messages is critical to getting replies.

Here’s how:

Step 1: Build a sequence skeleton

Consistency accounts for 80% of your success when prospecting. To ensure consistency, I recommend building a sequence skeleton that includes the following elements:

  • List of touchpoints: The total number of messages you’ll send in your sequence if you receive no replies
  • Step title: An explicit description of your step
  • Channel for each step: The channel of the step (LinkedIn, Email, Phone, etc.)
  • Media for each step: The media of the step (Text, Audio, Video, etc.)
  • Cadence between each step: The number of business days you’ll wait between each touchpoint

Below is an example of a sequence skeleton you can find in my AI Outreach System.

Image #1

Step 2: Find a relevant trigger

With your sequence skeleton, you have a game plan for each prospect. In the example above, you can see that there are six different steps you can take before moving on to another prospect if you don’t get a reply.

Finding a relevant trigger will help you catch the attention of your prospects, because you’ll show them you have done your homework. Here’s a list of triggers I use in 80% of cases:

  • Profile Views: A relevant prospect who viewed my profile
  • Post Like: A relevant prospect who liked a post I made or someone else’s post
  • Post Comment: A relevant prospect who commented on a post I made or someone else’s post

You can find more details on different types of triggers in this podcast episode.

Step 3: Use a template

Now that you have your sequence skeleton and triggers, it’s time to write your messages. This is the most important part because the content of your message will determine whether you get replies or not. Using messaging templates can help you quickly create messages.

Check out this short video where I show you how to tweak messages for three different scenarios.

If you follow these 3 steps, you’ll build a consistent prospecting system, with messages that are relevant to your prospects, based on their individual situations.

Hope this helps.

Cheers,

Thibaut Souyris

need help understanding how to use AI for prospecting?

Stop playing around with ChatGPT. Start using it to book more meetings.

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

 
→ Learn how to use AI to book meetings here (150+ students)
 
→ Build your outbound prospecting system from scratch here (250+ students)


→ 
Write cold messages that get a 38% reply rate and 27% meeting rate here (55+)

→ Sponsor my newsletter & get 5.400+ 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

Can’t book meetings? Try these 3 message frameworks

Thanks to our sponsors who keep this newsletter free for the reader:

Today’s newsletter is sponsored by OwlerWith Owler you can access data and news from over 15 million companies (including hard to find private companies). Get the inside scoop on what’s happening with your key accounts and prospects and easily find new customers as well. Stay ready and prepared for all customer engagement so that you nail all customer engagement and skyrocket your revenue.

And by my AI Prospecting Masterclass. It’s a 90-min live workshop to discover advanced AI tactics to book meetings. Join the waitlist today.

Can’t book meetings? Try these 3 message frameworks

In today’s newsletter, I will share three message frameworks that you can use to book meetings more effectively. With layoffs, summer slumps, and budget cuts happening everywhere, it’s becoming increasingly difficult to schedule meetings.

By making these frameworks your own and using them in your outreach, you’ll receive more replies and book more meetings as summer comes to a close.

Here are the three messages:

Framework #1: Question + Teaser + CTA + PS

This framework is incredibly useful because it focuses on a specific problem that a prospect may have and teases a potential solution. Here’s how it’s structured:

  • Question: A problem-oriented question to get your prospect to reflect.
  • Teaser: An intriguing resource to help your prospect solve a part of the problem you mentioned in your question.
  • CTA: A simple question to get the prospect to reply.
  • PS: A funny/personal mention to show you prospect you did your research

Example:

  • Question: Eric, curious to know how you’re planning on reaching your H2 goals with the RIF that your company went through.
  • Teaser: If you’re interested, I can share a short, 7-step playbook to help your AEs go from farmers to hunters, in less than 90 days.
  • CTA: Interested?
  • PS: Saw you’re into golf. What’s the best part of your game?

Why it works: This framework is effective because it demonstrates to your prospects that you have conducted research. The “Question” refers to a company trigger, while the “PS” refers to a personal detail.

Framework #2: Do the math

With this framework, you can generate interest in a conversation with you using a back-of-napkin calculation.

  • Trigger: The reason for reaching out. Better if you have a number.
  • Quick pitch: Short explanation of the quantified impact your solution provides.
  • Calculation: Back of napkin calculation.
  • CTA: Ask for interest

Example:

  • Trigger: Mary, saw you acquired your main competitor. Smart move.
  • Quick pitch: We help CFOs identify which business units are less profitable, resulting in savings of 3% of your operating costs on average.
  • Calculation: With a typical operating cost between €25M – €40M, this would mean saving from €750.000 to €1.200.000.
  • CTA: Worth a chat?

Why it works: This framework helps you stand out in the mailbox of your prospect because you identify a problem, quantify it, and then ask for a conversation to discuss in more details. Go check my Cold Message System if you need to find and quantify your prospects’ problems.

Framework #3: Job to be done

This framework is incredibly useful for prospecting with existing accounts or new individuals within an organization with whom you have had contact.

  • Memory: A past topic of conversation
  • Tool: A tool/resource related to the conversation
  • Confirm: A question to confirm it is still a priority
  • Teaser: A sentence to get the prospect intrigued about the tool

Example:

  • Memory: Lizzie, last time we spoke with the person in your current position, they were trying to build an outbound sales playbook.
  • Tool: I stumbled on list of 7 common mistakes when building an outbound playbook.
  • Confirm: Am I totally off, or is it a relevant topic?
  • Teaser: If yes, just hit reply and I’ll share the list with you.

Why it works: This framework is effective because it piques the curiosity of your prospects by offering a specific resource to help them solve a problem.

You can use these three frameworks on LinkedIn, in emails, and even when making cold calls. Give them a try and let me know how it goes by replying to this email.

I hope this helps.

Cheers,

Thibaut Souyris

need help understanding how to use AI for prospecting?

Stop playing around with ChatGPT. Start using it to book more meetings.

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

 
→ Learn how to use AI to book meetings here (150+ students)
 
→ Build your outbound prospecting system from scratch here (250+ students)


→ 
Write cold messages that get a 38% reply rate and 27% meeting rate here (55+)

→ Sponsor my newsletter & get 5.400+ 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

Here’s what I do in my daily prospecting block

Thanks to our sponsor who keep this newsletter free for the reader:

Today’s newsletter is sponsored by my AI Prospecting Masterclass. It’s a 90-min live workshop to discover advanced AI tactics to book meetings. Join the waitlist today.

Here’s what I do in my daily prospecting block

In today’s newsletter, I’ll share the exact process I follow during my daily prospecting block.

And if you want to build a similar prospecting routine, go check my Prospecting Tracker and The New Outreach System.

Hope this helps.

Cheers,
Thibaut Souyris

need help understanding how to use AI for prospecting?

Stop playing around with ChatGPT. Start using it to book more meetings.

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

 
→ Learn how to use AI to book meetings here (150+ students)
 
→ Build your outbound prospecting system from scratch here (250+ students)


→ 
Write cold messages that get a 38% reply rate and 27% meeting rate here (55+)

→ Sponsor my newsletter & get 5.400+ 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

Here’s how many prospects you should contact everyday

Thanks to our sponsors who keep this newsletter free for the reader:

Today’s newsletter is sponsored by RepliQ. With RepliQ, you can use variables inside a ChatGPT Prompt, and leverage the power of AI to generate screenshots with ChatGPT responses that are tailored to each individual prospect to increase the ROI of your cold outreach efforts.

And by my AI Prospecting Masterclass. It’s a 90-min live workshop to discover advanced AI tactics to book meetings. Join the waitlist today.

Here’s how many prospects you should contact everyday

In today’s newsletter, I will share the system that I use to calculate how many prospects I (or my customers) should contact every day. By following this simple system, you can build the first step of your outreach system and gain a better understanding of your daily activity level.

Here’s the system, step-by-step:

Step 1: Define your goal

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.

You’d be surprised how many reps don’t know this number. Don’t be one of them.

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 a comfortable 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 comfortable cushion 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 10% to 20% will reduce the risk of missing your targets.

Step 4: Turn the result into a daily activity

Finally, 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

Here’s 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.

If you’re interested in calculating this for yourself or your team, you can use my Sales Process Calculator.

Hope this helps.

Cheers,

Thibaut Souyris

need help understanding how to use AI for prospecting?

Stop playing around with ChatGPT. Start using it to book more meetings.

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

 
→ Learn how to use AI to book meetings here (150+ students)
 
→ Build your outbound prospecting system from scratch here (250+ students)


→ 
Write cold messages that get a 38% reply rate and 27% meeting rate here (55+)

→ Sponsor my newsletter & get 5.400+ 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

SDRs, here are 3 steps to running your weekly 1:1

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SDRs, here are 3 steps to running your weekly 1:1

In today’s newsletter, I will share three questions that you should answer in your weekly 1:1s as an SDR or an SDR Manager. 1:1 meetings are often unproductive and time-consuming. By answering these questions, you can get 80% of the information you need to orient your work as an SDR.

Let’s dive in:

Question #1: How many prospects did you add to your sequence?

By answering this question, you’ll have a better understanding of the potential conversations you can have with your prospects. Focusing on this metric is preferable to the number of touchpoints, as it provides a better indication of the number of prospects you have reached.

For instance, if you have 100 touchpoints with an average of 5 touchpoints per prospect, you will only reach 20 prospects. However, if you contact 100 prospects (regardless of the number of touchpoints per prospect), you will have a larger outreach and, most likely, more conversations as a result.

Resources to help you:

Question #2: How many conversations did you start?

This metric serves as a leading indicator of prospecting success. I have observed that 95% of the SDRs I train initially focus on booking meetings rather than starting conversations. They pitch their products, attempt to entice prospects into a demo, and as a result, most of the prospects ignore them.

Instead, starting a conversation can provide you with a better understanding of the messaging that resonates with your prospects. If you steer the conversation properly, you will ultimately book meetings.

Resources to help you:

Question #3: How many meetings did you book?

This question is crucial, but it is only a result of your prospecting system. SDR managers often prioritize this metric while neglecting to track the number of conversations started and the amount of prospects contacted.

Instead, focus on initiating conversations with as many prospects as possible, and this number will automatically increase.

Resources to help you:

Answering these three questions during your 1:1 meetings will give you a better understanding of your prospecting system and help you determine what you need to work on to reach your targets.

Hope this helps.

Cheers,

Thibaut Souyris

need help understanding how to use AI for prospecting?

Stop playing around with ChatGPT. Start using it to book more meetings.

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

 
→ Learn how to use AI to book meetings here (150+ students)
 
→ Build your outbound prospecting system from scratch here (250+ students)


→ 
Write cold messages that get a 38% reply rate and 27% meeting rate here (55+)

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Categories
Tactical Selling

4 steps to building a referral strategy

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Today’s newsletter is sponsored by Mixmax. Engaging prospects and closing deals is the name of the game in sales. With Mixmax’s sales engagement platform, you can build personalized multi-channel sequences, automate Salesforce updates, and eliminate repetitive tasks to free up time for selling. Best part? It lives in Gmail so you don’t have to leave your inbox. Try Mixmax free for 14 days (no cc required).

And by my AI Prospecting Masterclass. It’s a 90-min live workshop to discover advanced AI tactics to book meetings. Join the waitlist today.

4 steps to building a referral strategy

In today’s newsletter, I will share the exact system I use to build a referral strategy. Referrals are incredibly important for generating opportunities in 2023. By following these steps, you can start more conversations by tapping into the network of your existing customers.

Here’s how:

Step 1: Make a list of existing customers

Existing and past customers are incredibly valuable in generating new opportunities. To create a list of these customers, go to your CRM and include the following information:

  • Full name
  • Company
  • Job title
  • Status (Active, Inactive)
  • Details about the ongoing or past contract

Step 2: Write a “Thank You” script

Now that you have a list of existing and past customers, you can write a loose script using the following framework:

  • Thank you: Begin with a quick thank you and mention your ongoing or past contract with the customer. Be specific to indicate that it’s not a generic message.
  • Referral ask: Request a referral from the customer by highlighting the problem you solved for them.
  • PS: Add a PS addressed to the person who received the referral.

Example:

  • Thank you: Mary, recording this short video to thank you for working with me. I really enjoyed training your SDR team, and based on the work I’ve seen from your team, it looks like your reps will start a lot more conversations than before.
  • Referral ask: Additionally, if you know of anyone (inside the company or outside) who is trying to solve the problem you solved with our training, would you be able to forward them this email? This would mean a lot to me!
  • PS: If Mary sent you this video/email, you can reach out to me at [email protected] or on LinkedIn.

Step 3: Record a video

To record your referral video, use Tolstoy and follow these steps. Check my example below:

Bonus tip: Add your calendar link as a call-to-action at the end of the video.

Step 4: Send it

Your video is ready to be sent. I suggest embedding it in an email and including a brief introduction. You may also want to add a PS below the video, as shown here:

Image #2

This is how you can build a referral strategy to start more conversations with your existing customers’ network. Give it a try and let me know how it goes (via LinkedIn or by replying to this email).

Cheers,

Thibaut Souyris

need help understanding how to use AI for prospecting?

Stop playing around with ChatGPT. Start using it to book more meetings.

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

 
→ Learn how to use AI to book meetings here (150+ students)
 
→ Build your outbound prospecting system from scratch here (250+ students)


→ 
Write cold messages that get a 38% reply rate and 27% meeting rate here (55+)

→ Sponsor my newsletter & get 5.400+ 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.