In 2016, a client asked me to help them increase their sales and industry presence in the U.K. market, specifically with the top 200 fashion and apparel brands and retailers in the region.
Unlike in my home country of Brazil, I had only five business connections in the U.K. To succeed in this market, I would need to essentially grow my network from scratch.
Despite my lack of initial contacts, I grew my network to over 300 connections, many of which were major players in ecommerce and apparel in the U.K., Dubai, Turkey, and Romania. These contacts led to 11 meetings (I'm talking whales) with some of the largest ecommerce players in the world -- and a grand total of $2.13 million in new business opportunities in my client’s pipeline.
I credit my success to a sales technique that, while often used by larger sales teams, is less commonly utilized by individuals and smaller teams: A sales cadence.
Having a sales cadence has yielded great results for me in building business relationships and structuring my approach to sales. Here is a short crash course on what a sales cadence is, the benefits of using one and the exact sales cadence I used.
The Definition of a Sales Cadence
Smaller teams and individuals working in sales seem like they’re unaware of what a sales cadence is or think it’s only used by larger sales teams at big companies.
This is not the case. As you will see, everyone can benefit from using a sales cadence to define his or her sales process.
For the uninitiated, a sales cadence is a structured system for the frequency that you (or your team) reach out to prospective clients and the methods that you use to contact them. Here is an example from Sales Hacker CEO Max Altschuler:
Day 1: Email/InMail
Day 3: Email in the morning, call in the afternoon
Day 5: Call in the morning, call with a voicemail in the afternoon
Day 7: Email in the morning, call in the afternoon with a voicemail
Day 10: Email and call in the morning
Sales cadences vary greatly between individuals, teams, and organizations. However, the frequency, method of contact, and time of contact are always structured and consistent. It is this consistency and structure that makes sales cadences so effective.
Advantages of a Sales Cadence
Whether you are a team of one or 50, implementing a well-defined sales cadence can make your client prospecting process far more efficient and effective.
Chickens with their heads cut off run fast, but they don’t run very far. For many of us, this all too closely resembles our haphazard approach to networking and sales efforts: Lots of unstructured effort.
Sometimes we call a prospect and then send them a follow up email. Other times we wait a day to send the follow up email. Sometimes we wait a day and then forget to send an email at all. Or, the most embarrassing, we lose track of where we are in our sales process and send the same email, or make the same call, twice. It is a mess.
With a sales cadence, it is far easier to track where you are in the sales or networking process. You always send a follow up email or you always contact prospective clients every two days. With clearly defined rules for your sales strategy, you never risk sending the same email twice or missing steps in the sales process.
Easy Tracking = Easy Refinement
Once you start using a clearly defined sales cadence, it is much easier to track and refine your sales process. Imagine you have a five-step process you can view your CRM. With a quick glance, you can see clearly at what stage you are at with each client, as well as at which steps you tend to lose contact with your prospects.
Using this information, you can begin refining your approach. If you can see outreach calls tend to be more effective later in the process, you can adjust your approach to call prospects only once you have established a relationship via email or on LinkedIn.
This data lets you continually optimize your sales approach and improve your results.
You may be able to get away with using the “headless chicken” sales approach when you have one or two clients, but when you begin working with five, eight or 10 clients at a time -- or you start hiring salespeople -- scalability becomes an issue. It just isn’t possible to track in your head where each client is in your sales process or keep your sales strategy aligned across a small team.
Having a clearly defined sales cadence solves that scalability issue. Not only is it easier for you as an individual to organize and track where your different prospects are in your sales funnel, it also makes it easier to enlist others to work with you. A simple one-page flowchart is enough to illustrate to any new sales reps you hire the exact sales strategy you use, and they can begin making calls and interacting with clients immediately.
How I Used a Sales Cadence to Land Meetings with 11 of the Largest Ecommerce Players in the World
Using a sales cadence can be a powerful tool if you know how to implement one. I want to share some practical advice about developing your own sales cadence, starting from developing your target lead list, all the way through to landing a client. To do that, I will share the process that resulted in my meetings with some of the biggest players in ecommerce of the World ( and the right decision makers) -- Farfetch, Debenhams, and Ted Baker, to name a few.
Step 1: Preparation
People often go down the wrong path from the very beginning. They don’t have a clear sense of their target clients, so they go after any and every prospect they can think of. This strategy isn’t efficient. Why spend time chasing prospects that you are not well-equipped to serve?
Before doing anything else, you need to make sure you understand who your prospects are. Here are a few questions you can answer for yourself to narrow down who you want to target:
What industry is my product the best fit for?
How mature are my ideal clients? Are they startups? Funded companies? Multi-national
Which region do I want to focus on?
This isn’t an exhaustive list, but it should help you start to define whom you want to focus your efforts on.
Once you have an idea of whom you want to target, it is critical to know some basic characteristics about the prospective client. To do this, you should know at least the following about your targets:
Number of employees
Dream internal contact (who would you most want to talk to given the chance?)
Realistic contact (who do you think you can realistically talk to?)
How many people you want to target for the account (the sum of #4 and #5)
What social media sites do the company and your contacts from #4 and #5 use?
The answers to these questions will help you spend less time chasing bad leads.
When you reach out to prospects, show you are writing specifically to them and have something unique to offer. To do that, it is important to understand everything you can about them and their business. Before your first touch, know the following about your prospect (if not more):
Their prospect's pain points
What they might be afraid of
The changes taking place in their market
The answers to the questions from the previous three sections will help you stand out from the crowd when you contact your prospective client. You will be able to demonstrate you understand their business, cite specifics challenges they are likely facing, and reach out through the channels that give you the highest likelihood for success.
believe marketing and sales should always be in full alignment. Building a persona can be a daunting task. So if you are in sales and marketing isn't really being quite helpful I'd suggest you use HubSpot's free tool for making personas.
Step 2: Develop Your Sales Cadence
Now that you know who your targets are, what their industry is like, and the best ways to reach them, it’s time to start the conversation. Below is the general sales cadence I use, which involves both old-school methods (calling) and new ones (social media).
Total Companies Contacted: 90
Total Responses: 21
Positive Responses: 11 (agreed to a meeting or demo)
No Response: 58
2-3 contact points (professionals) per company
On average, I needed 46 touches per contact
That, of course, is an average as some companies like Debenhams (70-plus touches) or Farfetch (300-plus touches) required more effort to get a meeting.
Here’s the day-by-day breakdown.
Day 1: Develop a deeper understanding of your prospect’s world, what they like and share, where they’re active online, and what they care. Follow them on LinkedIn, Twitter, Instagram, and/or Facebook.
Day 2:Send a InMail via LinkedIn. The idea is to start building familiarity. Be personal in your messaging.
Day 3:If the prospect hasn’t responded to your first InMail, send another.
Day 4: Send a short and sweet email.
Day 5: Send another email following the first email.
Day 6: Make a warm call.
Day 7: Share an article and tag your prospect. You want to be top of mind and get their attention. I typically repeat this move several times.
Day 8: Send a video email. I've been trying this out for some time and it's working like a charm.
Day 9: Nudge your prospect on LinkedIn (tag them in a post, answer a question they’ve posted, respond to their comment in a group, etc.)
Day 10: Call and leave a voicemail.
Day 11: Have your director send an email. This has improved my response rate by 45%.
Day 12: Call or send an email.
Try this during 22 days per contact/company.
Having a sales cadence lets you reach out to many contacts at multiple accounts in a repeatable, efficient, varied way. If you want great results, implement one as soon as possible.
Originally published Aug 30, 2017 7:30:00 AM, updated October 12 2017