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Brute-Forcing Customer Acquisition with Cold Email
- started out with RelaNet, trying SEO
- no customers, very little traffic
- needed revenue right now
- tried Content Marketing next
- very few conversion, because I had no traffic
- tried Facebook Ads next
- it worked somewhat
- spent money faster than revenue came in
- Realization:
- I need to hunt down my customers
- So I started cold emailing
The Process
- Create Email List
- Compose
- Send
Step 1: Create Email List
- nice thing about B2B: businesses want to be found (on the internet), makes creating the email list easier
- Three step process:
- Target Audience
- Decision Maker (who can say yes to purchase decision?)
- Categorize by need (helps you personalize the message)
- Define your target audience by:
- Occupation
- Revenue
- Number of employees
- level of sophistication (expressed through job titles)
- Geography
- Technology
Targetting by Occupation
- are you trying to get in front of people who need to register with the government?
- e.g. pharmacies, dentists, firearm instructors
- There is probably a society and a website that has all the registration data
Targetting by Size (Revenue, Number of Employees, Job Titles)
- LinkedIn is the way to go
- LinkedIn has a boolean search capability
- Use LIX (LinkedIn search eXporter) to export search results
Targetting by Geography
- almost all governments make the business registrations available online
- powerful way to find businesses
Targetting by Technology
- Use BuiltWith to find businesses/websites that use a technology
- Free alternative: https://techlookup.hunter.io/
Finding the Decision Maker
- get a virtual assistant to find the relevant contacts and fill in the blanks in your contact list
Categorize by Need
- categorized each business by
- has a nice website
- has an ugly website
- has no website
Step 2: Compose Emails
- two things to compose:
- Subject Lines
- email bodies (plural)
- tips for subject lines:
- use their name or the company name in the subject line
- Email bodies:
- write one email body for each category we identified earlier
- best email bodies are: Relevant, Genuine, Personal
- Structure for a good email:
- “Hi $Firstname”
- Introduce yourself and your company
- Mention that you are local (if applicable)
- In simple words state the problem they have (“I was looking at your firm’s website, and noticed that it might be due for an update”)
- Offer to help (“If you’d like a hand with this, I can help”)
- Show them how you can solve it and why you’re the best choice for the job
- Write a clear Call-To-Action that is appropriate to your audience (e.g. accountants are used to doing business on the phone)
- Sign off and mention your contact details
Step 3: Send Emails
- Don’t send them by hand one at a time
- Automation avoids really embarrassing errors
- MaxBulk Mailer
- Bluetick.io – also automates follow-ups
Results
- based on when I used MaxBulk Mailer, so no follow-ups!
- I expect that all of these results are way better now
- 6.6% Response rate
- 1.5% book call rate
- 0.4% email-to-close rate
- Knowing these statistics allows you to calculate how many emails you need to send
[…] Charles Perry – Brute-Forcing Customer Acquisition with Cold Email […]