Author: Roq X (Page 2 of 2)

How to benefit from trigger events?

John Barrows (jbarrows.com) said recently in a SalesHacker conference that if there is one thing a sales rep needs to do when reaching out is to start each call by providing a reason for contact. They need to be relevant to open up a conversation with a prospect.

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In this article we’ll share 6 examples on how a sales rep can create more relevant outbound emails when uncovering sales triggers. Sales triggers can be events such as leadership change, funding received, vendor changed, new technology introduced, new job opening, acquisition, award, etc.

1. Leadership changed

Whenever a prospect changes one of their executives these new appointed execs are more likely to introduce some changes to their current processes. This is a good time to follow up with them. Say you notice a target prospect has appointed new CTO called Ben. Your email could look something like:

Subject: How CTO’s can automate marketing efforts …

Ben,

congratulations on you new position. If you will be trying out some new technologies in the following weeks I’d love to show you a demo on how we can automate your marketing efforts #{insert your one line pitch}. Are you available this Th at 10am or 3pm for a 10 min Skype chat?

2. Funding received

If a company receives new round of financing or if they’ve succeeded with their crowdfunding campaign they should have some resources available. This again is a good time to check if your solution makes a cut.

Subject: Congratulations on new funding Alex

Alex,

I noticed you just closed another round of financing. Since our solution helps insurance companies such as yours reduce their risks #{insert your one line pitch} I thought we might add value to what you do.

Would you have 5 mins next week for a quick Skype chat?

3. New job opening

With job openings it depends on what you’re selling. Say you’re outsourcing iOS development and you notice a prospect’s company is hiring iOS devs. Knowing this allows you to send highly relevant email and have a better timing.

Subject: Want to outsource iOS development?

Mike,

saw you’re hiring iOS developers and since we outsource iOS development I said I’ll reach out to you.

Do you want to schedule a 5 min chat on Wed 9am or 3pm next week about what we can do for you?

4. New technology

Say the prospect just started using Marketo and your product is tightly connected with Marketo platform now is the perfect time to introduce your solution. If the prospect installed SugarCRM – and you offer an add-on for SugarCRM include that in an email. The same if they’ve put on Vimeo video – and you’re a video producing company.

If you’re able to differentiate which prospects are more likely to convert than the others based on the technologies they are using, you will find “new tech” alerts of high benefit.

You could usually send an email sth along the lines of:

Subject: We can help your leverage your Marketo system

Hey Michelle,

saw you guys started using Marketo. Our solution helps you analyse all the inbound leads automatically and filters out the false positives #{provide a reason how your solution helps them because of using this specific technology}.

Would you like to see a 5 min demo on Tu at 3pm next week?

5. Notable mention

Say you find an article in an online magazine (NYTimes, Medium, TechCrunch …) writing about your prospect. Notable mentions are not as significant as the previous examples but they are still better than just checking in or touching base.

Subject: TechCrunch’s article

Hey Josh,

Noticed you guys are getting some traction recently – saw you in TechCrunch article. We offer a tool that automates your social postings #{your one line pitch}. Would you like to join our webinar next Wed at 4pm on how to manage your social channels?

6. New product offered

You might find your prospect just launched new version of their product. You might offer an online customer support system you might write:

Subject: New product might deserve new online customer support system?

Hey Jeniffer,

saw JenniferCompany just introduced new product, cons on that! For new products to get good adoption it’s essential your customers know how to use it and where to find help if they don’t, right? We offer super intuitive customer support system #{your pitch}. Would you find 5 min on your calendar next week, say Th 9am for me to show you a quick demo?

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Using triggers events to be relevant when reaching out increases engagement with your prospects and helps you form better relationships. Thus conversions and up-sells will go up.

When different triggers meet

It gets interesting if a company has changed their CMO, received funding and already introduced some new vendors – all in the previous 2 months.

Your perfect email now depends on what you’re selling. You need to assess your strengths and put forward the one that creates most conversions.

More on combining the triggers and using this to create emails in our next post.

Happy selling,

Roq, PredictLeads.com

Timing & selling

Craig Elias divided the sales cycle in his book Shift! the following way:

1. Status Quo

Prospect is happy with their current process you are trying to optimize.

2. Window of Dissatisfaction

Prospect is unhappy with their current solution but is not yet searching for alternatives.

3. Searching Alternatives

Prospect is currently searching for alternatives.

When trying to sell to a prospect when they are in their Status Quo phase is the hardest. Only around 1% of them will convert. Prospect searching for alternatives is a better option and an easier sell. Though again not perfect since you’re already competing against other alternatives prospect is exploring.

The best time to reach a customer is obviously when a prospect is not satisfied with their current state and just before they start searching for alternatives. Our goal is enabling you to detect when a prospect enters this phase. Getting the first mover advantage and always staying on top of what’s happening with your prospects is what we bring to your selling process. If you’d like a demo of our beta product shoot us an email at hei@predictleads.com.

Until next time!

Rowing upriver

So we’ve been developing our solution for some 6 months now and are finally ready to open it up for you to test it. You’ll be able to register on November the 1st!

Simply upload a file with your leads (domain, website or email address) and we’ll do our best to automatically find you fresh relevant triggers. Identifying opportunities that are out there right now should become a breeze. You’ll know exactly when to reach out and build better relationships with your potential and existing clients because of it.

We hope you’ll find it helpful!

Product

We go through millions of websites searching for information about your clients to find triggers that matter most to you. Finding triggers signalling that a prospect is now more likely to buy or upgrade your service. These are events such as leadership changes, received funding, new technology installs, new products offered, new valuable PR mentions, newly opened job positions etc.

With the aforementioned info at hand you can simply filter out the best 50-100 prospects out of thousands and contact them now.

We use machine learning, information extraction, natural language processing, text analysis and stream mining. We’re now working closely with our first customers to create a product that will bring value. You’d like a test drive? Shoot us an email at roq@predictleads.com and we’ll do our best to help you reach out at the right time to the right prospects.

Keep up the good work!

Our mission

There’s so many startups coming out each and every day. More and more people harnessing the power of web. With time the trend will just accelerate.

When products find their product-market fit and show their value to the world our goal is to help them find the audience they deserve.

Our aim is to connect the top-notch tools with companies that will greatly benefit from using them.

To find the right companies for your products on which you work so hard we use machine learning algorithms on big publicly available data.

Since being best in one thing is the way to go when faced with multitudes of competition we’re now solving just one part of connecting you with companies.

It’s following up. It’s making that awkward contact a bit less awkward. We find you reasons why now is the time to reach out to your prospect. We find you things to say when you make a call to your long lost touch with a prospect. We first need to ignite the conversation. So we bring you the icebreaker.

More on how we do that in the following post …

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