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Startup Telesales
Instant Cashflow

• # of leads
• Conversion %
• Avg $ Sale
• Number of Sales
• Margin
“My experience with companies that experience
hyper growth is that they do it one of two ways ...
either to the consumer through social ... or via a cash
          positive telemarketing campaign” -
                Neil Robertson - trada.com
online marketing: 0.5%
     telesales: 20x
so why isn’t everyone
      doing it?
telesales sucks
    Fear of rejection
Telesales
    ≠
Cold Calling
How to run a campaign
Step 1:
Set a Goal
    100 leads
         =
 200 - 400 calls
         =
 15 calls per day
Online   Telesales   In Person
  Leads       1,000     1,000       1,000
 Conv %        1%        10%         30%
 # Sales       10        100         300
    LV        $500      $500         $500
Total Sales   $5,000   $50,000     $150,000
Lead Cost
Online    Telesales   In Person
  Leads       1,000      1,000       1,000
  Conv %        1%        10%         30%
  # Sales       10        100         300
    LV         $500      $500         $500
Total Sales   $5,000    $50,000     $150,000
   CPL         $10        $10         $10
Gross Profit   -$5,000   $45,000     $140,000
Time
Online    Telesales   In Person
   Leads       1,000      1,000       1,000
  Conv %         1%        10%         30%
  # Sales        10        100         300
    LV          $500      $500         $500
Total Sales    $5,000    $50,000     $150,000
   CPL          $10        $10         $10
Gross Profit    -$5,000   $45,000     $140,000
   Time           -      1 month      1 year
Annual Sales      -      $540,000    $140,000
Market Size
Online   Telesales   In Person
   Leads        100       100         100
  Conv %        1%        10%         30%
  # Sales        1         10          30
    LV         $500      $500         $500
Total Sales    $500      $5000      $15,000
   CPL          $10       $10         $10
Gross Profit    -$500    $4,500      $14,000
   Time          -      1 week      2 months
Annual Sales     -      $54,000     $84,000
When to use TS
•   Finite (small) market

•   Higher value sale

•   Customers not ‘online’

•   Faster Growth

•   Fail Faster

•   Expensive leads

•   Suits your personality

•   Builds credibility
Step 2:
    Lead Gen
      Lead generation
Create an ebook swapping the
  book for a phone number
Step 3:
 Make it snappy
“The odds of qualifying a lead
 if called in 5 minutes are 21
    times higher versus 30
            minutes.”
Step 4:
 Get a CRM +
   Payment
 Must have a follow up date
           function
  Helps to clarify progress
Creates a reproducible record
   Paypal + Other phone
          processing
Call Tips
•   The goal is to find out if they are a prospect

•   Expect an average of 6 touches before a sale

•   Always have a next action (I’ll call you back on Thursday at 2pm)

•   Consistency trumps charm

•   Aim to explain everything first. Don’t sell on the first call.

•   Then ask for the money

•   50/50 listening / talking

•   Be interested

•   Demonstrate credibility by following up on time
Step 5:
    Automate
 Find repeatable sales cycle
   Hire 2 people at once
Low basic + high commission
      Track everything
james@jameskennedy.ie

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Mixergy Telesales presentation

  • 2. Instant Cashflow • # of leads • Conversion % • Avg $ Sale • Number of Sales • Margin
  • 3. “My experience with companies that experience hyper growth is that they do it one of two ways ... either to the consumer through social ... or via a cash positive telemarketing campaign” - Neil Robertson - trada.com
  • 4. online marketing: 0.5% telesales: 20x
  • 5. so why isn’t everyone doing it?
  • 6. telesales sucks Fear of rejection
  • 7. Telesales ≠ Cold Calling
  • 8. How to run a campaign
  • 9. Step 1: Set a Goal 100 leads = 200 - 400 calls = 15 calls per day
  • 10. Online Telesales In Person Leads 1,000 1,000 1,000 Conv % 1% 10% 30% # Sales 10 100 300 LV $500 $500 $500 Total Sales $5,000 $50,000 $150,000
  • 12. Online Telesales In Person Leads 1,000 1,000 1,000 Conv % 1% 10% 30% # Sales 10 100 300 LV $500 $500 $500 Total Sales $5,000 $50,000 $150,000 CPL $10 $10 $10 Gross Profit -$5,000 $45,000 $140,000
  • 13. Time
  • 14. Online Telesales In Person Leads 1,000 1,000 1,000 Conv % 1% 10% 30% # Sales 10 100 300 LV $500 $500 $500 Total Sales $5,000 $50,000 $150,000 CPL $10 $10 $10 Gross Profit -$5,000 $45,000 $140,000 Time - 1 month 1 year Annual Sales - $540,000 $140,000
  • 16. Online Telesales In Person Leads 100 100 100 Conv % 1% 10% 30% # Sales 1 10 30 LV $500 $500 $500 Total Sales $500 $5000 $15,000 CPL $10 $10 $10 Gross Profit -$500 $4,500 $14,000 Time - 1 week 2 months Annual Sales - $54,000 $84,000
  • 17. When to use TS • Finite (small) market • Higher value sale • Customers not ‘online’ • Faster Growth • Fail Faster • Expensive leads • Suits your personality • Builds credibility
  • 18. Step 2: Lead Gen Lead generation Create an ebook swapping the book for a phone number
  • 19. Step 3: Make it snappy “The odds of qualifying a lead if called in 5 minutes are 21 times higher versus 30 minutes.”
  • 20. Step 4: Get a CRM + Payment Must have a follow up date function Helps to clarify progress Creates a reproducible record Paypal + Other phone processing
  • 21. Call Tips • The goal is to find out if they are a prospect • Expect an average of 6 touches before a sale • Always have a next action (I’ll call you back on Thursday at 2pm) • Consistency trumps charm • Aim to explain everything first. Don’t sell on the first call. • Then ask for the money • 50/50 listening / talking • Be interested • Demonstrate credibility by following up on time
  • 22. Step 5: Automate Find repeatable sales cycle Hire 2 people at once Low basic + high commission Track everything

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