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The Complete Guide - How To Master Telemarketing
The Complete Guide - How To Master Telemarketing
com/
THE COMPLETE GUIDE
Introduction-Telemarketing 03
Categories of Telemarketing 03
Contact 17
I. INTRODUCTION
What is telemarketing?
Telemarketing, also called as inside sales, is a modus operandi of direct marketing. In this
method a sales person in which a salesperson solicits prospective customers to purchase
products or services. This is done over the phone or through web conferencing appointment
planned and scheduled during the call. Telemarketing can also comprise of recorded sales
pitches to be played over the phone via automatic dialing.
II CATEGORIES OF TELEMARKETING
The telemarketing industry is broadly classified into Business to Business (B2B) and
Business to Consumer(B2C)
Subcategories Of Telemarketing:
The telemarketing is the most thriving and powerful sector in the market and business area
today. It is the deep rooted and most effective way of generating leads. The transformation
seen in this industry is due to the great evolution of telemarketing services. Below listed are
the most impactful and majorly used telemarketing services:
• Cold Calling : This is a rooted and the very first process of every telemarketing business.
This is a solicitation act of convincing the potential customer to purchase the services or
product.
• Surveys: Information collection is the primary point of telemarketing. This information can
be analyzed and used by the specific targeted market for research purpose.
• Customer Services: The primary point of the customer service is to resolve the customer’s
issue regarding the product and service in a very timely and efficient manner.
There are seven important factors while creating a successful Sales pitch. These factors if
implemented or adopted correctly will deliver the desired results. Take a look at the below
vital points to get success in calling.
https://buzzsumo.com/
DO’S DONT’S
While conversing always be Precise Never stray from your topic
and to the point
Never talk bad about your
Talk about – How your products and competitors
services will add values to their
business. Try not to sound like a robot. Try to
initiate a good ‘conversation’
First Listen and then respond
5.2. Be sincere
Sincerity is something that can be gauged in your voice. When you sound like someone who
is trying to push the sale, chances are you will lose the prospect for ever. It is very important
to be honest about the values your product has to offer and the problem it solves for the
customer. Forceful selling or confusing the customer will lead to dissatisfaction and
impairment beyond control.
5.3. Talk about benefits and business value your product/solution has to offer
On average a prospect receives 7-12 sales calls in a day. When someone is swamped by so
many sales calls, it is obvious that they won’t entertain every sales call and salesperson.
To get your prospects attention it is important you inform them of values your solution has
to offer early on the call. If the prospect can resonate with your product as a solution to their
problem, you WIN. Most prospects will stick around and listen to what you have to offer;
others might ask to schedule a call at a convenient time.
5.4. Talk less and listen more
Many Salespeople are trained to talk more about their companies, product benefits, owners,
awards, etc. giving less time for your prospect to tell their stories. This is one reason why most
sales people get early hang ups and uninterested prospects.
When you listen, you learn more about your prospects and their needs. This helps in
presenting the right solution and information that your prospect is interested in. Good
Listening is also the most important skill great leaders possess. Moreover, when you listen to
your prospects carefully and attentively, they feel they are heard and you care about what
they have to say. This indeed is the start of building great rapport and relationships with your
future customers.
https:/ saleshacker.com/lead-generation-techniques/#winningpartnerships
7.1. Research:
Picking up the phone and ringing 100 numbers a day doesn’t sound like a big deal. It isn’t
actually! With new emerging technologies and CRMs, agents can make 500-600 calls
without breaking their backs.
However, this approach won’t yield results that tele agents or their managers are looking for.
To get the best results of their efforts a B2B telesales agent has to be good at doing research
on the companies and prospects they are calling.
Research might include what companies do, their products and services, decision makers
within the company, competitions they might be working with, your prospect’s previous job
roles, school and college they might have attended. Any or all of these information on your
prospect and their company will give you an upper hand than your sales counterparts.
7.2. Timing:
Many researches have been conducted to find out the best days of the week and time to
call prospects. Almost all research suggests Tuesday and Thursday to be great days to
make prospecting calls and morning 8-10 am and afternoon 2-4 pm are the best times to
get hold of the prospects. This information certainly helps callers to increase their
connections percentage and convert connections into leads. Mondays and Fridays are
considered to be least favored days to make telesales calls.
A little more information on countries that you call, will also add an advantage to your
telemarketing efforts. For example, knowing which state/city falls under which time zones.
Calling the right person at the right time will certainly make you look lucky.
7.3. Database:
A good and clean database is the heart of telemarketing. Without a database, it’s like having
a gun without bullets. You can’t shoot! For the Sales reps to outperform it’s important they
have a good set of databases with phone numbers handy. Databases with direct phone
numbers can improve reps productivity by upto 30%. It also improves the overall connect
percentage by 400%. But most importantly a clean and updated database helps save a lot
of time and money that sales reps invest in finding or updating existing databases.
7.4. Communication:
Communication is the key to engaging prospects and converting them into paying
customers. We need to understand that people buy from people and not companies.
A sales rep with good vocabulary and clear communication can attract more prospects
and build relationships. But most of all, communication with sincerity helps achieve more. It
doesn’t end here. A good communicator also needs to be a good listener.
Listening to prospects and responding with relevant information and solutions creates trust
with your prospects, which turns into win deals. Good communication also helps sales reps
to ask better questions and handle objections from prospects. So good communication is
the number one skill that Sales reps should work on.
A great strategy and Selecting the Right B2B Telemarketing Vendor is crucial to succeeding
in your telemarketing campaign. Without one, even the best campaigns can fail.
One of the chief reasons businesses fail to get the most from outsourced telemarketing is
because they are not clear about what they want from the offset. There are abundant
telemarketing companies but not all of them will be right for your business goals
The First step is to identify the services your business will need. Here’s a list of B2B
Telemarketing Services:
Once you decide what services your company needs, you then need to research potential
telemarketing agencies that suit your needs the best.
Key categories to evaluate when hiring a telemarketing partner.
9.1. Skillset:
A great advantage of outsourcing telemarketing is access to a qualified workforce on a
budget. Services like inbound marketing, outbound marketing, B2B, B2C, event promotion or
content marketing, demand a specific set of skills. Once the skill set is identified, make sure
you evaluate potential telemarketing firms.
You may also want to give equal attention to language the workforce specializes in. Is the
mode of communication in sync with the target audience where you plan on outsourcing
your telemarketing needs? Fluent language is what connects you to your customers/clients
and ensures smooth delivery of the message.
For example, if your target audience is in Europe, ensure the workforce is fluent in English.
French and German language can be considered a bonus.
9.3. Budget
Straight up, budget is an essential factor before locking up any deal. There are various
pricing models in B2B telemarketing.
https:/ saleshacker.com/lead-generation-techniques/#winDifferent
ningpartnerships pricing structures may produce different
results. The trick is to select an agency that fits well in your budget and ensures you get great
returns on your investment. At OnlyB2B, the pricing model is structured in such a way where
clients/customers only pay for the qualified leads and not for the efforts. This ensures you
are vesting a budget aside for approved & quality leads that are likely to bring you sales and
conversions, no fluff!
9.4. Experience
Having relevant sector experience is vital to the success of a targeted telemarketing
campaign as the company has previously worked with other clients within your industry. The
more knowledge that they have of your sector, higher the probability of sending results your
way. Websites are the best places to discover a companies’ work. Before deciding on a
company, you must first go through their portfolio, recent case studies, and testimonials.
Also, reading reviews about the company online to see what the other people have to say
about the vendor is also helpful. Be sure to check that the company is a member of any
relevant professional bodies. In the United Kingdom, membership of the Direct Marketing
Association (DMA) is a testament to the standing of telemarketing companies and
showcases their standing within the industry.
Many telemarketing firms are thinking upon the incorporation of speech recognition
technology to cold call customers. If we specifically talk about china, the bots are already
chasing the leads. The huge business of telemarketers using AI is based in China.
Since the inception, the AI bots are capable to manage the responses for individual
prospects. AI automates many tiresome tasks. It can collate and customize sales facts and
figures based on a prospect’s interests and needs, acknowledge to basic email requests
and schedule and plan phone calls. Even if, the prospects are unsatisfied or want more
clarity over the issues, then they are connected to the marketer of specific domain
expertise.
AI, helps to streamline the business operations and encourages the engagement. AI based
applications also help to create a blueprint of the next steps to be taken in business.
10.2. Power Of Analytics In Telemarketing
As the world of telemarketing consist of calls, data, figures, and statistics. This means, it has
to deal with a lot of data but, if you can’t analyze the data, it is of no use. Use the power of
analytics to predict the behavior of the prospect.
Hence, telemarketing companies are utilizing strong analytics tools in order to receive
meaningful cognizance from the metrics. There are different types of analytics, proficient
and adept persons in the related field are stating:
The above analysis is done if you map your data correctly. This will help marketers evaluate
and predict the next step.
This will not only provide prospects with an amazing experience, but also helps
telemarketers track their behavior so as to take the further action. These insights allow
telemarketers to improve their services to their prospects’ wants and needs, and this will
generate a riveting experience and builds the trust towards their company.
However, many firms are getting bolder to adopt new technology as this is the need for
today’s situation. They abandoned the run-of-the-mill methods and process of
telemarketing and are incorporating the cloud based platforms allowing agents to
communicate with their prospects. This not only lessens cost of in-house agents but also
reduces the infrastructure expenditures.
XI. REGULATIONS – GDPR AND CCPA
GDPR exists to protect the personal data or information of the public. Europe is very stringent
and inflexible when it comes to the companies using personal data of the citizens.
The intentions of the Act are to provide California residents with the right to: (source- Wiki)
• Know what personal data is being collected about them.
• Know whether their personal data is sold or disclosed and to whom.
• Say no to the sale of personal data.
• Access their personal data.
• Request a business to delete
https:/ saleshacker.com/lead-geneany
ration-techniques/#winninpersonal
gpartnerships information about a consumer collected
from that consumer.
• Not be discriminated against for exercising their privacy rights.
On a Final Note
Telemarketing is the evergreen way to generate leads. years by years, telemarketing
industry is growing rapidly as the technology unfolds many ways to approach prospects.
Telemarketing expands sales territory, as it provides broader reach to the contact and
influence. One of the biggest trump card of telemarketing industry is that it is very much cost
effective and efficient.
In this EBook we have exposed a complete guide on telemarketing. Hope you enjoyed
learning about telemarketing and got much explore to this industry.
Thank you for being such a wonderful and consistent reader!
XII. Contact Us
http:/ www.only-b2b.com/
Only B2B ITeS Pvt Ltd
INDIA Address :
3rd Floor, 301 B, Bldg - Alpha 2, Giga
Space, S No 198/1B, Viman Nagar, Pune,
Maharashtra - 411014
+91-7028141730 | +91-7028141720
info@only-b2b.com http://www.only-b2b.com/contact/