Is cold calling still effective in B2B business?

Dec 13, 2010 No Comments by

Cold calling is often considered a taboo by many organizations, particularly when it comes to marketing a product. Cold calling can have disastrous results as it may have negative marketing or bad reputation for an organization. Cold calling is different from actively planned, managed, and guided pursuit of relevant clients to provide the relevant products and services. Cold calling has become a failed marketing strategy because when a cold caller starts talking, he has altogether a negative attitude of thrusting his company’s product onto a customer like a child telling out a crammed story in his mind.

This is the result of cold calling for ordinary customers. What will happen when a cold caller will be dealing with b2b customers or businesses?

B2b customers are very much focused on the benefits being offered. B2b customers are also hard pressed for time. They don’t want to waste time in useless deals that end up in nothing. Cold calling can be converted into useful calling with deals maturing on every call. Here is what you can do to achieve that.

Planning is very important, being dumb when unable to satisfy the customer is the last thing your marketing executive should do while talking to a b2b customer. A well prepared caller means a lot of homework for every client before each call. The caller should exactly know which type of customer he is dealing with. For example, a UK wholesale supplier calling a UK retailer should know whom is he talking to. He should exactly know as a wholesaler that what the possible problems of the retailer might be and how can he provide fixes to the retailer’s problems through the product or service which he is offering. This needs thorough analysis of each retailer and his circumstances.

Go straight to the point. Designing a call is very important. Starting the conversation with meaningful sentences that deliver the message straight out of the core is essential. Just hanging around trying to brag about the quality of the products offered or the benefits sold by the company can lead to frustration for the customer. The caller should empathize and plan his conversation keeping his customer’s as well as his own time constraints in mind.

Lastly the caller should focus on differentiation. Let us say a wholesale supplier is offering something special to retailers but another wholesale supplier is offering the same. There is no point in talking at length about things the customers (retailers in this case) already know. If you can offer the customer something unique and useful he will listen to you otherwise your call will be treated just like any other average credit card cold call.

B2B Business

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