Cold Calling is a Numbers Game, Just Like All Other Lead Generation Activities
My previous post on cold calling led to a couple interesting conversations. While it wasn't much of a post, just a thought to consider, a couple off-line conversations that followed were interesting.
A common objection to cold calling is rooted in it being a numbers game. The thought being you call and call and call until you get a response - living through one rejection after another until you receive a Yes.
But isn't that how all marketing works?
All marketing tactics are rooted in a numbers game. Cold calling is no different.
If you have a revenue plan or quota, every lead generation and sales effort you engage in is based on the need to engage with a particular number of people, buying an average amount of products and services, to reach a given level of sales.
Any sales manager who ever calculated sales cycles and close rations knows they're playing a numbers game - expose your lead generation campaign to a particular number of people within a given time to reach a certain number of sales opportunities within a reporting period.
Whether you're using direct mail, landing pages, AdWords, blog traffic, print advertising, etc. you are playing a numbers games - you're looking for a percentage of response to generate a number of opportunities, based on a number of eyes which cross your campaign, to close enough business to retire quotas and meet the company's revenue plan.
Cold calling is a numbers game, just like all other lead generation activities.
