Many of the strategies that we engage in today, whether in our thinking as well as in our actions, are often counterintuitive to what we may believe would be the solution to achieving our goals and objectives; especially as it relates to cold calling and prospecting for new business.

Here’s a sample of the top paradoxes of prospecting that make prospecting so challenging. However, once these paradoxes are woven into your thinking, you’ll notice how these contradictions will provide you with a competitive edge that no other marketing piece, feature or benefit of your product or service could even come close to.

1. You want the sale (appointment, demo) but you must detach from the outcome and have no expectation, since the sale is not the initial goal of prospecting.




2. You want the prospect to say “Yes” to taking the next step in your sales process but you have to qualify them first to see if there’s even a fit worth pursuing.




3. You want the prospect to buy from you but must learn to give value unconditionally, whether or not they buy or meet with you.




4. You want to deliver and push through your presentation but you must get the prospect’s permission even before you present.




5. You need to keep your eye on your objective, set your goals and plan your strategy for the future to determine the path to travel on but you must bring yourself back into the present moment during every prospecting conversation.




6. You want to make more money and achieve greater success in your career but you have to make the sales process about the prospect, instead of you, in order to do so.




7. You want to sell to each prospect you speak with but need to qualify them to see if you even want them as a customer. (Remember, if you want to build a business or career you hate, just find the people to work with who you just can’t stand.)

Lets face it. You and I both know that the ultimate objective of your prospecting efforts is to sell more and boost your income. However, to achieve this goal, it’s just not where you are going to focus your energy and thoughts.

If you can understand and embrace these paradoxes, you now have the opportunity to respond to each prospect in a healthier, more productive, and more enjoyable way.

Quite often when we think of qualifying a prospect, we believe this process to occur earlier on in the relationship. However, the qualifying process can take on many forms. Here are three different strategies you can incorporate into your prospecting efforts as it relates to qualifying your prospects at a much deeper and more rewarding level. You’ll notice new selling opportunities right in front of you that you never knew existed before.

#1 – Learn from Each Call – Conduct Valuable Research

For those calls where you feel you’ve given it your best effort and you’re just not getting anywhere:

“I do apologize for the intrusion as well as my approach. I can understand how people are a bit skeptical of a cold call. Quite frankly, so would I. May I ask, when making a decision on what [venders to choose, products to buy, services to use], how do you go about gathering your information? This way, if I ever get a second chance to speak with you, I can honor your decision making process and hopefully connect with you in a way that you are more comfortable.”

OR

“What would have made you more receptive to my call today?”

#2 – Prospect Your Prospects

For those prospects who may simply not be a fit, yet may know people who are:

“Mr. Prospect, thanks again for taking the time to speak with me today. I’ve certainly enjoyed our conversation. Based on what you are currently doing, it seems that our product is not a good fit for you. However, I hope our conversation reinforced what a great job your current vender is doing for you.

While there may not be anything I can provide you that would make a measurable difference in comparison to what you are doing now, maybe there’s another way we can work together. In your line of work, I’m sure you run across other people who have shared similar challenges that you had and might be looking for a better solution. If you know someone who is always looking out for ways to do things better and who you feel could benefit from our product, would you be comfortable referring them to me?”

Then, continue with: “That sounds great. Then may I ask who you know that would be a good candidate for our service?”

3 – Get Permission to Follow Up and Prospect Them

For those prospects who may now be in your pipeline and need follow up to insulate them from your competition, while keeping your finger on their buying cycle and when they may be ready to buy:

“Mr. Prospect, thanks again for your time today. Before we rap up this conversation, I’ve noticed that in the past, when I have attempted to reconnect with someone months after our first contact, many things have transpired. Changes in their position, in their company, or in their life often have tendency to divert even the best-laid plans. Since there are so many things that can happen in two months, I was hoping that I could stay in contact with you without stepping over the line and being annoying about it. With your permission, can I contact you from time to time with updates about our product or valuable information that you may find of interest as it relates to your business?”

A monthly newsletter, a free trial, an article of interest, a great new product feature or being a resource for additional needs they may have are just a few ways to deliver value during this “down time” and keep your finger on the pulse of every prospect you speak with.

With all this talk about qualifying and how to qualify a prospect, it’s critical to ensure that, especially those of you who are attempting to cold call for the first time or prospect in a more unique or innovative way than you’ve done before, you understand the difference between qualifying and judging a prospect.

To permanently eliminate any confusion, lets draw a distinction between what it means to pre-qualify and pre-judge someone, such as a prospect. If you read my cold calling book, you know that I’m a strong advocate of pre-qualifying anyone before you invest your very limited and precious time in meeting with or speaking with them. Conversely, pre-judging someone is something you do that shows up in the filter or barrier you have in your listening, which was created out of the assumptions you’ve already made about that prospect.

Here’s another way to distinguish between the two. When you are pre-qualifying someone, you are arriving at a conclusion that determines whether or not there’s a fit worth pursuing based on a defined set of criteria you uncover through the use of well crafted questions. You are solely focusing on the prospect, not yourself and what you have to gain or lose, to determine how you can add value or if there’s a match between the two of you.

Pre-judging said simply, is all about you. Here, you are relying on your faulty and costly assumptions, thoughts and beliefs to determine their needs and whether or not this prospect will potentially buy from you.

When you pre-judge someone, you’re making assumptions about them before you ask any questions or uncover many facts. Maybe you’ve judged them by their appearance, where they live, their type of business or industry, how they sound over the phone or a comment they made. In essence, you’re “already” listening and forming conclusions based on your defined set of criteria rather than the facts.

When you pre-qualify someone, you’re asking questions to uncover their specific needs and objectives, without making any assumptions. You are learning about the prospect based on the responses you hear from the questions you ask. You are being fully engaged and present in the conversation with that person, rather than in your own head forming conclusions or operating off your agenda. This way, you’re making a decision to pursue this prospect based on reliable intelligence instead of your overactive imagination. (Here’s another distinction: authentic fit vs. a pipedream. )

September is Customer Appreciation Month is for Hoover’s. In support of this, Hoover’s has identified a theme for each of the four weeks of the month which I’ll be blogging about. Here’s the schedule.

Wk 1: Prospecting (9/8-9/12)
Wk 2: Qualifying (9/15-9/19)
Wk 3: Presentation Skills and Closing the Sale (9-22-9/26)
Wk 4: Overcoming Objectives (9/29-10/3)

Now that we’re in week two, below are some qualifying questions you can use during the next conversation you have with a prospect. Remember, it’s not just any question but defined, well crafted questions that are going to act as the conduit to more qualified prospects and more sales.

While many salespeople would use questions that qualify their prospects to determine whether or not they are a viable candidate for their product or service, uncovering a true fit between you and your prospects goes much deeper.

There are actually two distinct types of questions: First, there are fact finding questions. These questions relate specifically to your industry and product or service. These fundamental questions provide you with the information you need to uncover whether this prospect is even someone who would purchase what you sell. These questions would uncover the following information. Do they currently have a similar solution you offer. Is your solution a complement or replacement to what they are currently doing? Is the company the right size, offers the right product or service, is the right industry, has the right type and number of employees?

Second, there are those decision oriented questions that move the sales process forward and motivate your prospect to make a decision or want to buy from you. These discovery questions will enable you to uncover how they go about making a purchasing decision, the cost of not making any changes as well as create the urgency for the prospect to make a decision.

Keep in mind when executed correctly, these questions will facilitate a natural conversation, rather than a “pitch.” As you read the questions that follow, remember, it’s a give and take. You’re not interrogating them, but having a conversation to learn how you can best assist them based on their goals and objectives, uncover the process they honor when making a decision and whether or not there’s even a fit.

Finally, look at these questions like a big buffet. Take what you like and what works for you and leave what you don’t.

1. Tell me about your goals and what you are looking for. What would make this relationship successful for you?


2. What are some of the benefits you are looking to gain as a result of (changing venders/providers, equipment, etc.)?


3. What is the most important factor to you in making this decision?


4. Since all of my customers have their own unique needs I want to make sure I tailor the information that I will share with you around what is appropriate for you. Just so I don’t sound repetitive, what do you already know about our company? OR How familiar are you with the types of products and options that are out there in the industry?


5. Is what you are currently doing/using generating the results you’re looking for? How is it working for you?


6. What else are you looking to accomplish if you were to change venders/providers?


7. What would you need to know about us that would confidently make us your first choice? What are you looking for in the company you choose to work with? What is important to you? How do you decide on who to use? Based on what criteria?


8. What information can I provide that would give you the peace of mind in knowing that we are the right company for you?


9. Did you have a good experience with (your current service provider, etc.)? Any bad ones?


10. Is that the only other option you’re still considering?


11. I want you to know that whether or not you choose us, I want to make sure that you have all of the information you need to make the best decision. So how this decision is typically made?


12. Who else is typically involved in this decision?


13. When are you planning on making this decision?


14. How long have you been thinking about making this change?


15. How do you normally go about making a decision like this? What’s the process?

Decision Oriented Questions

1. If you could eliminate three of your biggest problems, headaches, or stresses as they relate to [STATE SERVICE/TASK] what would they be? (If there were three problems that you would want to see resolved with your current service provider what would they be?) (Ineffective solution, frustration, stress, etc.)


2. How does this (current problem, headache) affect you and your life? (Tie in the challenges they are experiencing to their position. What’s their personal cost as a result of these challenges?)


3. If you don’t make any changes, then what do you think it’s going to cost you over time? (What is it going to cost you by not changing? What additional opportunities do you think you’re letting pass by? How will this affect your bottom line?


4. Do you think there are opportunities you may miss out on by not changing? What cost do you incur by keeping things the way they are?)

I received this question from someone regarding yesterday’s blog and thought it important enough to share as it may be on your mind as well.
The question was, “How much time do I put aside for pre call planning?” Here is my response:

Since pre-call planning occurs before you begin to prospect, this is the time you put aside to recondition and realign your thinking to achieve a healthier outlook regarding this activity.

The amount of time you should spend on new business development is more of a function of how long it would take you to get into the proper mindset. While some salespeople may need fifteen or twenty minutes, others may need only a few minutes to get focused enough to begin prospecting or cold calling on the phone.

I’d suggest timing each degree of pre-call planning so that you will know exactly how much time you need to put aside before you actually prospect. As mentioned earlier, pre-call planning requires a distinct amount of time that you are carving into your schedule, which is separate from the actual time you are putting aside for cold calling or other prospecting activities.

Don’t Strain Yourself

When talking with salespeople who have prospected for a while, it seems that they remember how challenging it was to take that first prospecting step. This is still a common theme amongst salespeople who have to learn how to prospect to build their business. They tell me that taking the first step and making that first cold call is exactly where they freeze or get stuck.

Many salespeople define the first step as the first cold call they make. That is, the first time they are picking up the phone and attempting to connect with a prospect. However, the first step isn’t what you may think.

If you’ve ever honored a workout regimen, getting on the treadmill or hitting the weights probably isn’t the first thing you do. Instead, you ease into your workout by first stretching and warming up your body. Why? To avoid injury. Warming up lets your tight muscles know that they are about to be torn down, exercised, and challenged. Stretching and warming up your muscles makes you more limber and your body more responsive and open to what you’re about to put it through. It’s a great way to ensure you’ll get a good workout and most important, avoid an injury that can lay you up in bed for weeks.

The same holds true for prospecting and cold calling. Imagine that your pre-call planning phase is when you take the time to warm yourself up before the big game. View pre-call planning as your warm up for cold calling or other prospecting activities. The only difference is, the primary muscle that you are stretching and preparing for prospecting is your brain; that is, your mindset and the activities that require your focus and attention.

Pre-call planning encompasses the activities you engage in before you begin prospecting that involve action and intellect in order to achieve the maximum return on your prospecting efforts.

Pre-call planning is an essential step in your prospecting system that will enable you to plan effectively, get into the prospecting mindset, eliminate any fear or reluctance, boost your confidence, learn about your prospects, tap into your drive and motivation, and target who you are calling. Finally, pre-call planning will enable you to become limber and hyper focused on your objective. All of these activities are the preliminary steps you take to avoid injury or challenges during your cold calling, I mean, warm calling efforts.

The Five Degrees of Pre-Call Planning

Ken, a client of mine, called me the other day and told me that during the one-hour timeline he allocated each day for cold calling over the phone, he was only able to make a few calls. When I asked him to break down exactly what he attempted to accomplish in that hour, he shared with me the following tasks:

1. Getting into the prospecting mindset.


2. Reviewing his action plan and approach.


3. Compiling, reviewing, updating, and developing his prospecting target list.


4. Calling back customers, prospects or other people that returned his call.


5. Making calls to new prospects.

Without realizing it, Ken identified the five degrees of pre-call planning. Ken then shared with me that during the one hour he put aside for prospecting, it was taking him forty-five minutes just to prepare his targeted list of prospects to call, not leaving him much time for actual prospecting.

In other words, Ken was collapsing several other activities into one and calling that “cold calling.” In actuality, he listed five distinct activities that need to be managed independently.

The jewel here is be sure that each task or activity you engage in is broken down into its most simplistic and measurable form. In other words, if prospecting is one of the activities you engage in, it is not enough to simply list “prospecting” as an activity. As we’ve discussed, prospecting involves a variety of distinct activities. Therefore, prospecting, as defined by Ken, needs to be broken down even further.

Mapping your prospecting strategy, getting into the prospecting mindset, compiling your call list, returning or taking phone calls, and cold calling for new customers are five distinct and measurable activities that need to be managed separately when creating your schedule. If you find that you need to handle some of these activities at the same time, then make sure you have allocated enough time for each activity.

Additionally, each one of these activities calls for a different mindset. You’ll know if the activity you are engaging in needs to be broken down into other activities if it requires a different level of thought, skill, and focus.
You’ll know if the task is broken down into the absolute smallest denominator when asking yourself, the following questions. “How am I going to achieve that?” “What steps do I need to take to finish that task?” “What specific outcome will be produced?” If the answers to these questions open up another task, process, or strategy that would generate a unique end result then you’ll need to narrow down that activity even further. For example, compiling your target-prospecting list not only produces a different outcome than when you pick up the phone and make cold calls but it requires a different thought process, strategy, and skill set.

Another symptom that will let you know whether or not you can narrow down the task into a smaller denominator is this: If you block out a certain amount of time for an activity and you find that you are not completing it, there’s a chance that you have collapsed more than one activity into that block of time. Identifying each distinct activity that you engage in will enable you to be more realistic with the time lines that you allocate for each activity, making your prospecting efforts highly effective and more easily manageable.
In addition, this exercise will strengthen your ability to think in terms of detailed, measurable activities and tasks, rather than in vague, broad strokes. So, if you’ve ever been in a position where you have underestimated how much time a certain task or project would take, this process will also assist you in establishing more realistic timelines around your daily activities so that you can “get it all done” rather than constantly leaving tasks incomplete or overbooking and overcommitting yourself.

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Here two final solutions to be mindful of when attempting to connect with your desired prospect.

Strategy #6: Get On Their Calendar

If you happen to be calling on a prospect that you have connected with in the past who has an assistant, try this approach. “Hi Jane, Keith Rosen here from Profit Builders. Mary and I have been playing the longest game of phone tag in history. If you have her calendar handy, can you please help me by scheduling in a five minute block of time that works for her so that I can answer her question regarding your sales training initiative?” You’ve now succeeded in scheduling a time to call a prospect when you know they are available and are expecting your call.

Strategy #7: The Back Door Approach

Here are a few more innovative ways to connect with your prospects that don’t require speaking to the concierge.

Call Before or After Hours: Call before or after a live person begins to answer incoming calls. Many businesses today have an automated voice mail system when the office is closed. The intention here is to get into their voice mail system and listen for the prompt that asks you to “Please spell out the person’s last name.” Once you do this, the voice mail system will often tell you the prospect’s direct extension before transferring your call. Now, when you call back during normal business hours, you can ask the concierge to “Connect you to extension 2345 please.” In addition, if you want to circumvent the concierge who refuses to patch you through to their voice mail, calling before or after hours provides you with the opportunity to leave a message with your prospect.

Return Receipt: This approach comes in very handy. When sending out an e-mail to a prospect, use the “return receipt request” option in the software you use to manage your e-mails. If the prospect opens your e-mail and sends a receipt, you not only know that they received your e-mail, but you also know when they have received it. This way, as opposed to trying to track down a prospect when they are at their desk, or checking their mobile device, you know exactly when to call on them, since they are now checking your e-mail! Obviously, this strategy only works if you are in front of your computer often enough to retrieve your e-mails as they are sent.

In an effort to combat market conditions, I’ve noticed an increase in cold calling activity within many organizations regardless of industry. Here are some solutions to be mindful of for you to use when you run into the barrier that may prevent you from connecting with your desired prospect. The elusive gatekeeper.

Strategy #4: Ask for Help

Now that you have the prospect’s name, you begin the initial steps of contacting the prospect. After several attempts, you still have not successfully connected with them.

Another avenue to revisit would be asking the concierge for help. Think about how you respond when someone asks you for help. Chances are, you do your best to help them. So, appeal to their humanity. Here’s a sample of the dialogue to use.

You: “Hi Jane, Keith Rosen here. We spoke a few weeks ago and you were kind enough to help me then. Well, here I am again in desperate need of your help. I’ve been trying to get in touch with Mary Johnson, but have not been successful in getting her to return my calls. I’m sure she is very busy and I certainly don’t want to keep filling up her voice mail with messages from me. Can you help? Any suggestions you can provide, whether it’s an alternative way to get Mary to return my call, a different way to contact her other than voice mail, or a better time that I should try to reach her would be deeply appreciated.”

You now have the opportunity to develop a relationship with the concierge and become the salesperson who gets preferential treatment that the other salespeople who are calling do not. Finally, you might find that once you ask for help, they will immediately connect you to the prospect!

Becoming friends with the concierge provides some immediate benefits that you can realize. As a matter of fact, you’ll be surprised how much insider information you can get. This includes the name of the decision-maker and their contact information, important information about the decision-maker and how to best approach and appeal to them, company politics and procedures, company status and timely news, internal changes, , initiatives, or challenges.

Connecting with them as a person rather than as an obstacle will make your cold calling efforts much less of an effort. So, acknowledge every concierge you speak with. It’s safe to say these types of calls are not the majority of calls they receive. Some are just downright hostile! After all, the concierge is often the first point of contact and in the hot seat when dealing with certain problems. With the barrage of calls that a concierge fields daily, a sincere and authentic complement goes a long way. You now have an internal advocate on your side.

Strategy #5: Work from the Top Down and the Bottom Up

Get your calls transferred over to customer service, technical support, accounting and attempt to get the intel you need from there.

In an effort to combat market conditions, I’ve noticed an increase in cold calling activity within many organizations regardless of industry. Here are some solutions to be mindful of for you to use when you run into the barrier that may prevent you from connecting with your desired prospect. The elusive gatekeeper.

Strategy #2: Ask a technical question:

Here’s another approach that would cause the concierge to happily pass you on to the person you are looking to contact. First, prepare a question that you know only the person who you are looking to contact can answer effectively.

If you sell printing or advertising, you can try this: “We’re putting some solutions together for you and wanted to know /discuss the (technical requirements for this application service.)”

Since these questions are typically ones that a concierge may not be able to answer on their own, they will often connect you directly with the decision-maker or the person in charge of that department.

Strategy #3: Use Humor

Typically, when asking for the person you want to connect with, a typical response from the gatekeeper may sound like this: May I ask what this is in reference to?”

Here’s a different way to respond:

You: “Of course! I’m a salesperson and I want to relentlessly hound them until they take my call.”

What You Have Accomplished: Lets face it. If you’re talking to a seasoned concierge, they can smell a cold call a mile away. Instead of dancing around this issue, address it head on, yet in a light and humorous way.

This brutal, honest approach will get you to the decision-maker more frequently than trying to manipulate, mislead, or sneak by the concierge. Instead, it gets right to the truth and intention of your call. Since the concierge is always on the lookout for sneaky salespeople, they will actually appreciate your approach. As such, this will diffuse the concierge’s reluctance to helping you.

Cutting right to the chase will actually catch the concierge off guard and often creates a laugh. At this point, the concierge would lower their guard and quite often connect you to the decision-maker or, at the very least, provide you with the information you need for your next call.