B2B Cold Calling Statistics
- The majority of businesses and consumers predict their use of the voice call will increase or stay the same over the next 12 months. (Hiya)
- Cold calling is a form of proactive outreach, and 82% of buyers accept meetings with sellers who proactively reach out. (RAIN Group)
- 42.1% of respondents say that the phone is the most effective sales tool at their disposal. (Sales Insights Lab)
- Over 30% of leads never receive a follow-up call after initial contact. (Call Hippo)
- By making just a few more call attempts, sales reps can increase the conversion rate by 70%. (Call Hippo)
- 57% of C-level buyers prefer to be contacted by phone. (Crunchbase)
- B2B technology reps usually average 35 calls per day and spend a total of 55 minutes per day speaking to prospects. (Revenue.io)
- 92% of consumers think unidentified calls might be fraud. (Hiya)
- 79% of unidentified calls go unanswered. (Hiya)
- Successful cold calls last 2x longer than unsuccessful ones — 5:50 minutes vs. 3:14 minutes. (Gong.io)
- Salespeople who state their reason for calling have a 2.1x higher success rate. (Gong.io)
- Successful cold calls include 65% more “we” statements. (Gong.io)
- The last hour of the workday (between 4PM and 5PM) is a good time to reach prospects. (Call Hippo)
- Opening your cold call with “How’ve you been?” has a higher success rate for booking a meeting. (Gong.io)
- The most successful sales prospecting calls average 14.3 minutes in length. (Revenue.io)
- Wednesday and Thursday are the best days of the week to call prospects. (Gong.io)
- There is a 450% difference in response time for leads that receive a follow-up phone call within an hour of submitting an inquiry and those that didn’t receive a follow-up. (Call Hippo)
- Win rates are 10% higher when pricing is discussed on the first call. (Gong.io)
- Cold calls where reps monologue are more successful. (Gong.io)
- 63% of sellers say cold calling is the worst part of their job. (LinkedIn)
- Mentioning a common connection during a cold call can increase the likelihood of attaining a meeting by 70%. (LinkedIn)
- Sales reps with longer monologue duration have more successful cold calls. (Crunchbase)
- Asking “Is now a bad time?” on a cold call makes you 40% less likely to book a meeting. (Gong.io, 2021)
Topics:
Cold Calling