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Didn't see it as a gotcha! Love the curiosity :) I can only speak for the businesses I have been involved in (software, product marketing for software, marcomm
by georgespencer 7y ago
Didn't see it as a gotcha! Love the curiosity :)
I can only speak for the businesses I have been involved in (software, product marketing for software, marcomms, real estate), but cold outreach -- if done at all -- would be the longest of long tails: low conversion, increasingly high maintenance (esp. because folks like me send petulant ICO/GDPR subject access requests to clog up organisations sending unsolicited emails).
So speculative cold outreach is crazy inefficient and frankly not on-brand for most companies (yes, eastern European outsource software teams can do it, but e.g. AWS can't).
Most companies look to qualify their leads by having some degree of engagement: whether it's impressions > clicks > landing page. They might do this in addition to cold outreach, but the companies I've worked for (and started) focused on marketing (SEM, TV, print, radio, trade shows, PR, networking events). All of these generate either inbound or permission-based selling: if you're attending a trade show or responding to a TV advert, then you're giving us implicit permission to talk to you.
We are not sending an invasive message into your inbox which is a personal place, whether it's a corporate or personal inbox.
Marketing is effective - especially at the point of intent (e.g. when someone Googles "buying new motorcycle helmet" rather than just "motorcycle helmet") and not dumb/broadcast.
The gun analogy illustrates: if you removed all sales people from all organisations, then nobody would need any salespeople: companies would still have needs for e.g. software and would still find companies through marketing. It wouldn't result in companies losing revenue. OP (not sure if it was you or not) was conflating marketing and sales.
- ghaff 7y ago>then you're giving us implicit permission to talk to you Certainly. Although I'm guessing that at least some of the people on this thread most objecting to cold outreach would still classify something like an email after getting a badge scan at a trade show as spam. You're right that lead acquisition happens in a lot of ways other than the spam I get in my inbox offering to sell me address lists. However, a lot of people still get mad at emails that are the result of casual interactions. Honestly, it's the way the business world works but people are still going to object to it. >The gun analogy illustrates: if you removed all sales people from all organisations, then nobody would need any salespeople: companies would still have needs for e.g. software and would still find companies through marketing. It wouldn't result in companies losing revenue. OP (not sure if it was you or not) was conflating marketing and sales. And then some company would figure out that, at least for certain types of products, having someone who directly cultivates a relationship with buyers is a really effective way to increase revenues relative to the competition.
- georgespencer 7y ago> an email after getting a badge scan as spam And IMO they are totally right to do so. That behaviour is so ludicrously dumb that I can't believe people do it. Your company is exhibiting in a room full of potential customers. If someone doesn't come and talk to you then you have no right to reach out to them IMO. > a lot of people still get mad at emails that are the result of casual interactions Hey, if I gave someone my email address that's fine. I expect them to contact me. If I gave a conference organiser my email address, I do not expect the exhibitors to be able to contact me. > And then some company would figure out… For sure. But OP's point seemed to be that money stops being spent in a world without sales people. It's an interesting thought experiment. My hunch is that the same money is spent: sales people are not, in general, getting more spend out of customers overall. Salesman X might get Customer Y to spend more money with _their particular company_, but not money that would not have been deployed in the market anyway.