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MasterNetworker Article #66 - 10/2/1998
COLD FEET ABOUT COLD CALLING? . . . A SOLUTION
by Lon Lindsey
COLD FEET ABOUT COLD CALLING? . . . A SOLUTION!
Does the idea of cold calling scare the heck out of you? It did me
and it still does to a certain extent. What is "cold calling?" Cold
calling is calling people you do not know, whether it is to try to
sell them something or simply wanting to give them information . . .
information they did not ask for.
I would like to divide cold calling into two areas: (1) cold calling;
(2) frigid calling. An example of frigid calling would be going to
your local telephone book and randomly calling people. Cold calling
would be calling people from a specific list . . . any list that you,
at least, know what the list of names refers to.
WHY WOULD YOU?
Why would anyone want to put themselves through a "hell" of 98%
rejection? Who would want to call people they don't know to tell them
about something they could probably care less about? The answer is,
it is inexpensive to do if you are calling locally . . . assuming you
don't put value on your time. Well, it doesn't have to be that bad
and perhaps there is a place for cold calling, even frigid calling in
your prospecting and recruiting strategies, and I will show you how
you can gain some benefits of cold calling even without your making a
single cold call. Additionally, this article will tell you how to be
more effective and have more positive results from cold calling.
A MAJOR MISTAKE MADE BY MOST NETWORK MARKETERS
I'm going to change terms here and rather than talking about
networkers who make cold call, let's just call them telemarketers
because that is actually what they are when the call people they don't
know. Most inexperienced telemarketing networkers make a very common
mistake. It has everything to do with the initial reason for the
call. Successful telemarketers ONLY give! They do not sell! The art
of telemarketing is not selling what you are selling or promoting.
For the networker, it is NOT selling the business opportunity or the
product. It's something much more general than that and it must come
in the form of providing something of value, but only to those who
really want it. Thus the call becomes the art of sharing, but in such
a way that you share with only those people who really want what you
have.
Part of the process of telemarketing is filtering or screening to find
only those people who will be open to what you will EVENTUALLY want to
sell them.
So . . .a successful networking telemarketer does not even mention the
specific company in the initial call . . . thus the purpose of the
initial call being to find only those people who would be open to
getting more information about what you have . . . network marketing
as a means to building a home-based business. You see, not everyone
will have the same vision that you have. Most people are quite happy
complaining about their day to day situation and not doing anything
about it. Some people are just lazy, yet others don't even have a
vision of the real entrepreneur spirit or home-based business arena.
That's fine because we don't want to waist much time on them anyway.
Let me give you an example. If I'm looking for people who have a
vision or interest in having their own home-based business, then I
must find those people and do so in such a way that I can share
something of common interest with them, yet not scare them away. The
answer to this is starting from a very general approach and gradually
moving to something specific.
Here is a possible script that would accomplish the goal of finding
people who have a home-based business interest.
"Hello, my name is Jim Jones and I am owner of Jim Jones Associates
here in Jonesville. I'm looking for people who are interested in
having more time and more money for themselves by having their own
home-based business and would love to send you some incredible
information on how that can be done in a relatively short period of
time. Do you have such an interest?"
In less than 20 seconds, you have said all there is to be said,
initially. All you are trying to do is find people who are interested
in making money via a home-based business and that is exactly what is
asked. If they say "yes", you ask for their name and address and you
copy their phone number down. If they ask the name of your specific
home-based business, tell them there are many possibilities and you
will be including that information in what you are sending them. This
is key! It has nothing to do with being ashamed of your business. It
has everything to do with the initial purpose of your call . . to get
leads only. You CAN NOT effectively sell a cold lead the idea of your
specific business on the first call, therefore there is no reason to
even mention your business. Why? Because we want people to make
decisions based on facts, not on ignorance. Whether they may have
heard of the company or not makes no difference. You don't want to
give them a chance to prejudge based on a name of something they may
know very little about.
The same thing goes if you are telemarketing for products. You are
not trying to sell them on specific products with the initial call.
You are only trying to find out who MAY have an interest in what you
have. So, a possible script for screening to eventually find
customers would be:
Hello! My name is Jim Jones. I am owner of Jim Jones Associates here
in Jonesville. I'm looking for local people who would be interested
in specialty foods, personal care items, nutritional supplementation
or quality household products at a discount. I've got some good news
of such that I would like to mail to you if this interests you.
As you can see, you start out from a general standpoint and gradually
lead them to your specific company.
WHAT TO SEND
When you get your leads, you then send them general information. Part
of what you are doing is attempting to gradually build a new
relationship with a person. This is done through what I call "Event"
sponsoring or "Event" selling. You must lead a person from one event
to the next. In this case, you are leading people from the event of
listening to your initial phone message to receiving something from
you in the mail.
My suggestion, with regards to the business opportunity approach is to
send them information about network marketing in general . . .you know
. . about how network marketing works, how networking marketing can
create a large business and income through the principle of many
people doing a little rather than a few doing a lot.
With trying to make customers out of them for your products, the
material can be more direct showing exactly what it is you have and
how it is beneficial for them to be a customer.
So . . what you have done so far is (1) find those who want more time
and more money through their own home-based business; (2) educate and
inform them on how that is possible through network marketing. The
next event is your calling them back and asking them if they have had
a chance to read the information you sent and ask "do you see how
network marketing can create a lucrative home-based business?" It is
at this point that you lead them to the next event . . . that of
wanting specific information on how you are using a specific company
for your home-based business. Now is a perfect time to get them
thinking about what a home-based business could do for them . . and
that is important as that would identify their "hotspot" of why they
want more money. By asking" what are you looking for out of a
business?" is an excellent way to get them talking about their needs
and wants. Make notes about this for later use. Next, you would
simply ask "can you see yourself utilizing network marketing as a way
to get . . . .(whatever their hotspot is)?" The next appropriate
question is: "would you be open to my sending you some initial
information about the home-based business I chose?" At this point, it
is very likely that they will ask you for the name of your chosen
business and it is at this point you can simply give them the name or
you can tell them you want to send them information first and then
talk about it. Again, this has nothing to do with being ashamed of
your company, but making sure they have necessary information to make
a decision based on the facts rather than simply a name.
Your next event will be to call them back and talk about the
information you sent them. Find out if they see themselves having
your named home-based business to get what it is they said they wanted
out of their business. This could lead to a person to person meeting
or it could lead to signing them up right over the phone. It could
lead to another event . . maybe a three way phone call with your
upline sponsor or a company conference call or a local meeting. You
see, there has to be several events available for you to lead your
prospect from general information to specific information and for some
people, it may take two or three events and for others it may take
five or six events. The main thing is to list all the events you have
and know where you are leading your prospect and doing it an event at
a time.
You would do the same with regards to product sales. Lead your
potential customer to either placing an order with you or meeting with
you to see a catalog of products or a listing of products as well as
providing them an order form and directions on how to order products.
So . . . .the whole process is a process of relationship building . .
.starting from cold calling(telemarketing) to going to becoming very
acquainted with someone.
TARGETED LISTS
For those people who don't like the idea of randomly calling people
out of a phone book, there are such things as targeted lists. They do
cost money, but they are targeted much like mailing lists . .with
names and phone number of people who have a common interest with some
lists having other factors built in like income, age, location, etc.
What this means is you can eliminate one of the events. It is still a
cold call, but not a "frigid" call. For instance, if you purchase a
list of names and phone numbers of people who are known to be
home-based opportunity seekers, then your approach would be slightly
different in that you would simply want to confirm that they are
interested in finding a home-based business . . . so you would start
at that level, but still progress event to event.
SO YOU DON'T WANT TO TELEMARKET, YOURSELF! THEN DON'T!
There are some people who hate the idea of initially going to people
they don't know. They feel comfortable when people come to them. The
answer to that is to hire someone to do the initial telemarketing for
you. You simply provide a written script and let your hired
telemarketer do the initial calling. You simply pay them either by
the hour or by the call they make and give them a certain bonus amount
for each person who agrees to have information sent to them. It's as
simple as getting a mature high school student or college student who
is willing to say the same thing over and over again on the phone to
people they don't know and writing down the necessary information of
those who agree to have something mailed to them. The bonus for each
positive response does not have to be much . . maybe fifty cents . . .
as their main pay comes from the hourly work, but they do have some
incentive if the person says "yes."
My son recently took on a telemarketing job this past summer for a
mortgage company. I laughed and said . . "you must really want that
car." I couldn't imagine my son doing telemarketing, but apparently
he wanted something badly enough he was willing to do it. When I
asked him about what he was doing after his first week, he said "it's
a piece of cake." He said after his first seven or eight rejections,
it became a game to him. He said, it was just a matter of calling and
repeating the same thing over until he got a person who said "yes" to
the initial event. He became top telemarketer in the company for the
summer and it taught me how telemarketing is just an initial step to
start people on an "event" trip.
Mike and Linda, a couple in my Watkins business group, moved to
Florida to start their new Watkins business. They knew no one. Linda
simply opened up the phone book and started calling people telling
them that she was the new Watkins representative in her area and
wanted to let people know that and would like to share the new Watkins
catalog with them. Linda told me that after the seventh rejection, it
became easy. I wonder what it is about the seventh rejection as that
is what my son told me also. Linda spent two days making cold calls
and after two days of calling had set up over 80 appointments with
people for the next two weeks. Not only did she collect over $2,000
in orders, she is selling $2,000 - $3,000 in Watkins products to her
customers each month. It all started with telemarketing and using an
"event" sequence in leading people to where you want them to go.
What I'm saying is telemarketing or cold calling does have a place in
prospecting and product sales, and even if you don't personally want
to start the process, there are people you can hire who will do that
part for you. This would include targeted lists as well. Wow! How things change!
What I would not have considred consider a viable recruiting approach
is now something any networker might want to think about, even me!
Lon Lindsey
Do you need help in finding the right business for YOU?
E-Mail Lon Lindsey Publisher of: The Master Networker
The Art of Building A Business
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