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Its sounds like you already have a list of prospects, which is great. I'd take a day or two to determine if you can secure warm introductions from friends, acq
by answerly 17y ago
Its sounds like you already have a list of prospects, which is great. I'd take a day or two to determine if you can secure warm introductions from friends, acquaintances, advisors, etc into any of these target companies (LinkedIn is a stelar resource for finding these types of intros). If you can, then you should have a more receptive target which should help you gain some confidence in your own abilities prior to jumping right into the "cold calls".
Another technique that I've used with some success is to determine the target individual is within a company and try to find their preferred communication channel. For example, I've gotten some really great contacts by connecting with people first through Twitter or their blogs. I think this can sometimes cut through the noise of the 100 unsolicited calls they get in a day.
You may also want to try sorting your target list by those you think have the most strategic importance. Then, start calling from the bottom of that list (i.e. the folks who you believe have the least strategic importance) and work your way up. This will give you the opportunity to work out your pitch/confidence with some lower priority targets. I've seen some startups try to pitch their most important potential partners right out of the gate and have a bad experience because they haven't had a chance to refine their pitch yet.
As far as the message, being straight forward about what you want out of a meeting is definitely the way to go. Make sure that you also figure out what the benefit is for the potential target. For example, can you offer them some discount or free trial of your product in exchange for some feedback at this early stage. The actual benefit you can provide to them will obviously vary greatly depending on the type of product you are selling and the type of company you are selling to.
Hope this is helpful- good luck!
- weaksauce 17y agoThis advice is good. Definitely listen to the part about reverse ordering the calls you make based on the value you place in the target accounts. Also expect to not get a sale or meeting most of the time on these types of things as people have a different agenda than you and are overly busy. Don't sell features, sell solutions to problems. They will only buy something if they have a problem that your solution fills. Good luck! As an aside, how did the marketing guy get hired? Was it a consensus or a unilateral decision? Either way if the guy is not bringing enough to the table you need to measure the persons performance and hold them accountable. This is not being a bad guy, it is simply holding them to the same standards that you are held to. If you shipped out a product full of bugs or were late on every milestone your partner would hold you accountable so you should not feel bad about doing the reciprocal.