The Real Cost of a Sales Appointment

Using an outside sales appointment setting group is expensive, or is it?

At first glance, with fees upward of 30 bucks an hour, it seems real expensive and maybe even cost prohibitive. A second look will show that this might be the best investment you ever made.

Let's assume that you've been enlightened with the idea that using an appointment setter(s) to make your sales reps more productive is the right thing to do. Let's further assume that you've at least thought of using an outsourcing firm to perform this task for you. In-house or outsource? Which one makes more sense?

An inside sales appointment setter might make you feel better because you will see him every day, toiling away at his desk dialing and smiling. It only costs $8-$10 an hour with a few spiffs thrown in for good measure. The appointments he schedules are fair at best but you think he's getting better.

What about the other costs though? The desk space, phone and computer line, taxes, insurance and training. What happens when the appointment setter doesn't show up one day for an important calling project and there is no one to take his place and he doesn't show up the next day or the day after that? Now you have the cost of recruitment and training on your shoulders again.

If you are working the in-house appointment center right, you also need to hire someone to compile sales and call reports and gauge effectiveness of different campaigns. That reporting is one of the most important tools you have to know that you are calling on the right prospects with the right message at the right time.

The right outsourced sales appointment setting firm will perform as an extension of your sales group, dialing more and setting more appointments than your inside callers. They are well trained, professional, and articulate and they come along with a support group that will furnish you with meaningful reports that tell you a lot about your market and sales effort. Your sales reps productivity will double!

The right outsourced sales appointment setting firm will streamline your sales process and take away the management, training and recruitment hassles while providing you with a steady stream of highly qualified appointments with prospects who will buy from you.

If you are thinking of using in-house sales appointment setters, think long and hard. Is it cheaper? In the short term: maybe. Long term it will cost you more than you ever imagined and could in fact, derail your sales future.

The Two R's Of Appointment Setting

You have to get two basic steps right to successfully set a sales appointment. You have to call the right prospect and deliver the right message.

Brilliant, huh?

You might be surprised how difficult it is.

Most business owners, big and small, Fortune 500 and entrepreneur, spend the majority of their energy calling the wrong prospects. People who will never do anything but waste the sales reps’ time. This isn’t an intentional strategy, but one born of poor planning and sometimes outdated management thinking.

Any given company has prospects that fall into a scant few SIC codes or categories. A superior sales organization takes the time necessary to identify the prospect most likely to buy from them. Not the prospect whose need can be filled or want sated, but the prospect that does buy the service or product the company sells.

Want to drive more sales? Work on your list of prospects. Throw out those that have been in your database too long. Be liberal in tossing to the curb those that don’t fit your narrow profile.

Once you’ve identified a list of prospects that deserve to be called, you need to craft a smart introduction script. That script will keep you from deviating from the main points you need to make and with very little practice will sound as natural as if you are talking to a friend.

Cover the basics. Begin with your name and company name.

This is Brian Grinonneau with the appointment setting firm MaSM.

State the purpose of your call and develop some interest.

We’ve set high-level, qualified sales appointments for ABC and DEF companies with the accounts they wanted most resulting in a good deal of new business being closed.

Ask for an appointment.

If you are considering any new options in your sales strategies I would like the chance to introduce myself and my company to you and if there is anything you hear that you like maybe you would think of us in the future.

Would you have time in the next week?

Schedule the appointment.

Your script is used to set an appointment, period. You are generating enough interest in your offer for the prospect to take some of his most valuable commodity, time, to meet with you. Take your time and develop the script with precision. Make sure that every word is right and conveys the meaning you want. The results will be worth the time invested.

If your prospecting is off kilter and your sales pipeline isn’t full make sure that you are calling the right prospects with the right message. Build the list. Develop the words. Work a system. Smile and dial. Set more sales appointments and close more deals.

Quit Cold Calling

If you can’t cold call, don’t! It’s that easy.

How, you now ask, can you get qualified prospects on whom to call and turn into your new customers if you don’t cold call? Let someone else do it.

The typical sales type will do anything to avoid dialing the phone to try to convince someone they don’t know to meet and listen to their pitch. It is uncomfortable bordering on painful.

Watch your sales pro during “phone time”. He will rearrange papers on his desk, take extended restroom breaks, work feverishly on an email, chart or other paperwork, dial and hang-up quickly claiming to get a busy signal, doodle, stare into space, take calls from customers he must service, get extra coffee, meet with other staffers who need his attention right now and on and on it goes. A sales rep will do almost anything to avoid the dreaded cold call.

The downside, of course, is very few calls get made, no new rocks are overturned and the sales pipeline remains empty. Sales projections are missed, money is lost and unhappiness reigns supreme.

Turn this highly important task over to a phone sales professional and watch your fortunes rise. A sales appointment setter or telemarketer will dial the phone 30 to 50 times an hour and talk with a fair number of qualified prospects, scheduling appointments and gathering important competitor information. This prospector goes about the job cheerfully, never losing sight of the goal of setting meetings with qualified potential customers. He is a craftsman—an artisan who never gives up.

Using these phone pros builds your business by canvassing targeted SIC codes, demographics or geographic locations. More meetings are scheduled, more presentations made and many more sales closed.

Quit fighting the obvious. If you can’t cold call, DON’T.

You've Got to Be Kidding Me

By Brian Grinonneau





Here's an idea hatched in the minds of short-sighted corporate cost cutters: "Let's hire an overseas call center to handle outbound sales appointment setting and inbound service issues". In the immortal words of Johnny Mac, you've got to be kidding me.

Want an example? Try doing business with Spirit Airlines. That's the company with cheap fares but lousy customer service. A recent problem with a boarding pass resulted in on the phone hold times of up to an hour, only to be greeted by a representative named "Roger" who sounded a hell of a lot like Rameesh. Listen to this guy pronounce Seattle.

Let's get smart here. People in the U.S. (your customers and prospects) want to talk with someone who speaks pretty flawless English. Long Island nasal and southern twang is ok but a "no trace of an accent" midwestern dialect is preferable. Put an overseas caller on the job and blow this deal and all future deals once and for all.

Why do businesses with good street cred use call centers from India, Pakistan and other far away places? Think. It's in the bottom line. Man, you can have that job done for pennies on the dollar. Problem is: the job is so poorly done that you have killed a sale and taken customer care to new lows.

Next time you get a come on email or sales call from an overseas call center, ignore it. Or if you prefer, hire the company and put them to work. It makes it so much easier for smart companies to use professional U.S. telemarketers and show you what ROI really means.

Don't Make Sales Reps Schedule Appointments

By, Brian Grinonneau

Having sales pros cold call and prospect is like having a star baseball player stock the concession stand. It’s a lousy use of talent and terrible waste of money. Sales stars shine when selling. Let them sell!

A sales super achiever wants to meet with prospects, determine a fit, suggest solutions and close the deal. It feeds his competitive nature. It assuages the hunger to perform.

A sales super achiever hates making endless calls to find the right prospect with whom to meet. The process dampens the spirit and kills motivation.

Those who think a salesman should be a prospector and sales genius can stop here. The paradigm shifted a few turns back.

In today’s sales world, an account rep must exploit strength--not work on weakness. Forget about a well-rounded rep, focus on a super star that closes the deal and brings home fists full of cash.

Appointment setting, telemarketing companies will set any sales staff on a course for success. Highly qualified sales appointments are scheduled with those who have an interest in your solution and have the ability to buy from you; appointments that are the result painstaking prospecting and hours of dialing.

A December 2007 MaSM study found that appointment setting firms can double the productivity of a sales staff because it can concentrate only on selling and not the mundane associated tasks. When qualified sales appointments are scheduled, closing ratios climb and cash flow improves.

Don’t make sales reps schedule their own sales appointments. They hate doing it and aren’t very good at it. Leave the job to professionals who love doing it and are good at it. Sales stars shine when selling. Let them sell!

The Reality of Telemarketing

Forget what you think telemarketing is and embrace the reality that it is used by the largest companies in the world to introduce new products, gauge customer satisfaction and schedule qualified sales appointments.

Today’s telemarketing is the purest form of direct marketing and direct marketing is the shortest distance between two points for business success. With the overload of messages crashing into consumers, a clear voice that rises above the din must be found. Telemarketing is that voice.

To be sure, there are a few firms that still practice boiler room telemarketing tactics of days gone by. The majority, however, are professional organizations committed to your complete success.

When hiring a telemarketing firm, look for very specific attributes:

• Knowledgeable, well-spoken company representatives

• Expertise in telling your story

• Excellence in building the right list of qualified prospects to call

• No long-term contract

• A non-disclosure, confidentiality agreement

• Clear and understandable campaign reporting

• Open, meaningful communication

• Establishment of goals and measurement tools

• Interaction between your sales and management team and the professional telemarketers

• Pricing that is clear and fair

• The ability to analyze, test and refocus campaigns for your maximum result

If you sell any product or service, and want to put it in the hands of your best prospects, you should use telemarketing professionals. If you have a customer base and want to build loyalty and repeat business you should use telemarketing professionals. The investment will pay for itself many times over and become the centerpiece of your direct marketing strategy.

Sales Appointment Setting: It's Ugly Out There

Sales appointment setting is an ugly process. Picking up a phone and convincing someone you don’t know to spend time with you sends cold chills down your spine no matter the thickness of your skin. Is it really any wonder cold calling ranks number one with a bullet on the most hated list for salespeople?

Fear and loathing of prospecting and cold calling has killed a bright future for many a shining salesperson. A lack of prospecting leads to a lack of appointments and a lack of new sales. There is only so much you can do with referrals and the accounts divvied up when Joe in the corner office retired.

Weak sales managers, and there are a lot of them, stand over their minions forcing them to do what they hate, call and call more. The basic premise is right that more calls will ultimately lead to more sales, but the methodology is all wrong. It isn’t just quantity; it is quality that counts. Garbage in, garbage out.

Strong sales managers know account execs have to talk to prospects with a problem to solve—those who will invite you to meet them and help make their pain go away. They also know one of the best ways to get in front of these prospects is to use the services of a professional sales appointment setting firm. It makes sense on a whole lot of levels. These pros will dial the phone three times more often than your in-house reps, have more conversations and schedule dozens of high-quality appointments, fast. They use the right lists, use the right words and make your top sales reps twice as productive.

Those who don’t consider outsourcing appointment setting are leaving money on the table. They think that given time, sales reps will learn to make cold calls and set appointments with the accounts you want most. That same line of antiquated thinking would suggest you should always be working on your weaknesses.
Wrong! Work on your strength and find professionals to take care of the shortcomings.

Sales appointment setting firms will bring you a trackable, meaningful ROI. They bring waves of new revenue, build morale, reduce management oversight and let sales reps do what they do best, present, negotiate and close deals.

Outsource cold calling and appointment setting to those that do it best—the ones that don’t think the process is ugly or painful but rather enjoy setting the table for your sales team.