Dan Martell - October 23, 2017


How To Write Your Outbound Cold Email Template That Gets Responses


Episode Stats


Length

9 minutes

Words per minute

204.18398

Word count

1,900

Sentence count

102

Harmful content

Hate speech

1

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Inbound marketing is one of the fastest-growing segments of the ecom industry, but it s not as simple as it looks. Today, we re going to teach you how to craft your cold emails so that they re short, simple, and personable so that you get responses from your ideal customers.

Transcript

Transcript generated with Whisper (turbo).
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.700 No yawnin', Jarrett, no yawnin', if you yawn,
00:00:04.240 five burpees, five burpees.
00:00:07.280 Just a bit, yeah.
00:00:09.200 Hey, I'm talking to the camera and the video guys
00:00:11.080 they're going, rawr, yawnin' like a Tyrannosaurus Rex.
00:00:22.420 The SaaS sales cold email template that gets you customers.
00:00:26.720 Now, maybe you feel that inbound marketing
00:00:29.120 is a little slow, or that you've done it in the past,
00:00:32.500 you've done some cold email outbound
00:00:33.960 and it didn't work too well, no responses,
00:00:36.200 or maybe you just don't feel like being spammy.
00:00:38.520 Well, let me teach you some simple, easy way
00:00:42.360 to craft your emails so that they're short,
00:00:45.060 they're simple, they're personable,
00:00:48.040 and they get responses from your ideal customer.
00:00:51.040 That's what I wanna share with you guys today.
00:00:52.680 I first learned this when I was 18.
00:00:54.520 I've been cold emailing forever.
00:00:56.080 I cold email people to invite them to my founder dinners.
00:00:58.780 I cold email investors, entrepreneurs,
00:01:01.680 like it's just, I have no problem.
00:01:03.780 I don't mind sending an email,
00:01:04.820 but it's because I have a format.
00:01:06.180 I'm gonna give you the four specific kind of sections
00:01:09.360 of your email that need to be true for you
00:01:11.020 to get a positive response to not look like it's spam.
00:01:14.760 So when I was 18, the first few,
00:01:16.500 I remember I was sitting there and I was like,
00:01:18.260 I should get some advice from people who've been there before.
00:01:20.500 Usually a good idea.
00:01:21.540 So I found a list, I think it was the top 20 technology CEOs
00:01:25.580 or executives in the world.
00:01:26.940 And on that list was Steve Jobs, Bill Gates,
00:01:29.600 et cetera, et cetera.
00:01:30.880 And I had to think about like, what's the email?
00:01:33.820 How do I say it?
00:01:35.220 How do I connect with them?
00:01:36.280 How would I get a response?
00:01:37.380 So I figured out a way and I'll tell you what I asked.
00:01:40.660 I pretty much said, you know, here's who I am.
00:01:42.920 So I gave some context and then I said,
00:01:45.720 everybody keeps arguing about these three things.
00:01:48.220 What you know, so education, who you know, so network,
00:01:51.540 or being tenacious or have grit or hustle.
00:01:55.560 Which one of those do you think is the most important
00:01:59.200 to be successful, okay?
00:02:01.140 So that was the question, super short, simple,
00:02:03.440 three things, pick one, let me know, and I get a response.
00:02:06.380 Here is my favorite response out of emailing all those people.
00:02:09.480 It's from Mark Cuban, and this is what he said,
00:02:11.980 very Mark Cuban, he goes,
00:02:13.280 doing all three when everybody else is trying to pick one.
00:02:16.740 Again, I was 18 years old when I sent out that email.
00:02:18.780 I got a response from many of them,
00:02:20.480 but Mark Cuban replied, and that blew my mind.
00:02:23.080 So what I wanna share with you is how that evolved
00:02:25.460 over the years to the point when I was building my company
00:02:27.420 Clarity, which was a marketplace for experts to give
00:02:29.500 advice over the phone.
00:02:30.460 We grew it to 50,000 experts in a 12 month period.
00:02:33.860 The way we did that was outbound emails.
00:02:36.240 We sent over 250,000 emails in that period to collect and
00:02:41.680 curate incredible experts.
00:02:44.040 And the way we did that is following this format.
00:02:46.220 So the first thing you need to do, it's four Rs. 0.98
00:02:48.780 The first R is research.
00:02:50.420 You need to research the person, the individual.
00:02:53.720 Who are you going after?
00:02:54.860 Even if you do a mass email, let's say 100 emails a day,
00:02:58.040 and that's usually the upper limit you want to be sending out
00:02:59.900 because you have to have time to respond,
00:03:01.760 you want to segment and target those lists of people
00:03:05.100 so that you can focus on a city, a job title,
00:03:08.580 a company size, an industry,
00:03:10.680 and make it hyper-targeted and relevant.
00:03:12.740 But if you're just doing one-on-one,
00:03:14.340 just spend the time to do the research in your first line
00:03:17.280 in the email should personalize the email, okay?
00:03:20.120 Just like you would be sending it to a friend
00:03:21.960 or a new acquaintance that you might have just met
00:03:23.920 on an airplane or in an event.
00:03:25.760 So that's the first thing.
00:03:26.760 Number two is you need to make sure
00:03:28.560 that you provide reference, okay?
00:03:30.260 The second R is reference.
00:03:32.000 Talk about potentially like,
00:03:33.500 hey, we've worked with companies like,
00:03:35.700 and you don't say we've worked with a company like yours like,
00:03:38.240 you just say here are some of the clients we've worked with
00:03:40.260 and make sure that they're on target reference
00:03:42.800 that they would know who they are
00:03:44.100 so that the person receiving the email is like,
00:03:46.200 oh, that's like a company like mine.
00:03:48.220 I actually know John at that company
00:03:50.180 or I've heard of that business
00:03:51.440 and if they help them then maybe they can help us.
00:03:53.480 So again, it's not a sales email.
00:03:54.920 It's just like, hey, congrats on the new store opening
00:03:58.120 and here are some of the companies that we've worked with.
00:04:01.260 And then finally, then you wanna do a reward.
00:04:03.420 Some kind of way, so the third thing is R for reward.
00:04:06.660 How do you reward the person for opening the email?
00:04:09.160 Now, some people choose to kind of do some kind of
00:04:12.700 personalized critique of if it's a marketing thing,
00:04:15.500 their marketing content, their website, et cetera.
00:04:17.800 Here's where that'll fall short is that if you come off
00:04:20.380 as criticizing in a first outbound email,
00:04:23.380 I just think it's gonna fall flat.
00:04:26.120 What you wanna do instead is say,
00:04:28.080 hey, I noticed this was something you guys are working on.
00:04:31.060 Here's three ways that we've found to increase that outcome.
00:04:35.560 So never criticize, never say,
00:04:37.360 hey, I went through your checkout flow
00:04:38.960 and I noticed that these things are broken
00:04:41.000 because that's gonna make the person in charge of that go,
00:04:43.340 what does he know, is he a Mr. Know-It-All?
00:04:45.300 Instead you wanna say, hey, here are three ways that are,
00:04:48.900 you know, maybe it's kind of like
00:04:51.300 not very well-known strategies to increase the checkout process
00:04:55.100 for an e-commerce site, whatever it is.
00:04:56.500 But if you can not have an attachment, not a link out to
00:05:00.300 anywhere else in the email, just put it there, okay?
00:05:03.440 But if you have to make it a link out there, don't put it
00:05:05.880 behind an email capture, don't make it some cryptic thing,
00:05:09.720 this click, make it very clear, very simple to your public
00:05:13.320 website so they feel comfortable clicking it.
00:05:15.360 If it's required, you're better off putting it in the email.
00:05:18.160 And then the fourth R is request.
00:05:20.760 have a call to action.
00:05:22.360 So many times I get an email from people cold
00:05:25.260 and they don't actually ask me for anything.
00:05:28.140 It's just this long three paragraph email
00:05:31.340 thanking me for my content and here's what I'm doing
00:05:34.580 and then pretty much it says, thanks for whatever, right?
00:05:37.880 And I just think it's a missed opportunity.
00:05:39.820 If I'm actually gonna read that,
00:05:41.480 give me something to bite into to maybe,
00:05:43.580 so maybe it's like, hey, me and my co-founder
00:05:46.620 are thinking of splitting our equity 50-50.
00:05:49.480 What are your thoughts?
00:05:50.520 And that prompts a request.
00:05:51.680 Now, I might reply and send you a link to a video
00:05:53.760 I've already done, but at least that creates a response.
00:05:57.000 You have a request.
00:05:58.200 For outbound SaaS, this is, hey, do you have seven minutes
00:06:01.600 tomorrow at 2 p.m. to get on a call?
00:06:03.240 I would love to show you a demo of our product
00:06:05.160 that we've used to serve those customers I reference.
00:06:07.440 Or, hey, let me know if next week's works.
00:06:09.640 I'm in town and I'd love to sit down with you and your CTO
00:06:13.680 to walk through the product for 10 minutes.
00:06:15.920 I'm in your neighborhood.
00:06:17.080 And many people, when they do these outbound emails,
00:06:19.040 actually wait till they get a bunch of responses.
00:06:20.880 That's why it's valuable to actually segment into a city.
00:06:24.540 And then once you've got all these people saying,
00:06:26.280 yeah, I'm free, I'm available,
00:06:28.240 then you book your plane ticket.
00:06:29.880 Okay, so that's a ninja tip.
00:06:31.420 Now, here's the deal.
00:06:33.180 A lot of people, I wanted to break a myth right now.
00:06:35.620 A lot of people think that cold emails don't work.
00:06:38.800 And here's the truth about cold emails.
00:06:41.420 It's not that they don't work,
00:06:43.000 it's just that the market can be qualified.
00:06:45.840 The outbound target that you're going after,
00:06:48.640 that potential customer is, you know, it's not spam.
00:06:51.300 You're personalizing it, you're doing the research,
00:06:54.220 you're sending the email, you're keeping it short,
00:06:56.680 simple, concise, very natural.
00:06:59.660 And what the outcome is, is they're just not in market.
00:07:05.360 You know, the truth is, is that like,
00:07:07.020 they could be qualified but 50% of the customers
00:07:09.360 may not be ready to buy right now.
00:07:11.060 They don't have the pain that you solve.
00:07:12.740 That doesn't mean you stop, okay?
00:07:14.360 I truly believe four follow-ups.
00:07:16.960 If you get no response for follow-ups by the fourth
00:07:19.600 follow-up, maybe one every other day, then you stop and you
00:07:23.860 just put them on a nurturing program maybe once a month or
00:07:26.500 whatever, but I just think that so many people stop too quick.
00:07:30.000 You know, most average salespeople stop after three tries.
00:07:33.680 80% of the success is gonna happen on the back end of the
00:07:37.680 fourth, the fifth, the follow-up of that segment where
00:07:40.780 somebody's like, hey, somebody reach out to me and mention
00:07:43.580 some solution, I'm gonna search my email and find it, and like
00:07:46.260 a year later you could have somebody reply and reengage
00:07:49.560 with your email.
00:07:50.500 So those are the four Rs, the template for building a great
00:07:54.860 outbound sales email.
00:07:56.660 The first one is research, make sure you personalize it.
00:07:59.500 Second is reference so they know that you've worked with
00:08:02.140 companies just like them.
00:08:03.420 Third is reward, give something of value to them, put it in
00:08:07.320 the email, keep it short, concise, and unique.
00:08:09.680 And then fourth, request what you need next to move the
00:08:12.560 conversation forward.
00:08:13.720 That's how you generate sales from outbound emails.
00:08:16.160 If you have any questions or better yet,
00:08:17.760 if you have a template, an email that's not working today,
00:08:21.300 post it below in the comments
00:08:23.040 and I will reply with my thoughts.
00:08:25.140 I recently did this for some of my coaching clients.
00:08:27.340 It was invaluable.
00:08:28.780 Just the act of reading their email out loud
00:08:31.880 to the rest of the group really showed to them
00:08:34.420 kind of where they were going wrong in their assumptions
00:08:38.420 for how the email's coming across.
00:08:39.980 Because the key is it doesn't,
00:08:41.260 you don't want it to sound like a pitch email.
00:08:43.220 It needs to come from a place of service, okay?
00:08:45.920 If you can get in that mindset that you're not emailing to try
00:08:48.320 to get something from somebody, you're emailing to help serve
00:08:51.320 and support somebody else, it changes the frame,
00:08:53.720 it changes the language and it changes the structure of the
00:08:56.520 email and how it's felt by the recipient.
00:08:58.820 That is my challenge to you.
00:08:59.820 Post it below and I'll see you next Monday.
00:09:02.120 Cheers.
00:09:03.220 If you enjoyed this video, be sure to subscribe to my channel
00:09:05.380 for other SaaS sales videos.
00:09:07.520 I'd also encourage you to join my newsletter for free training,
00:09:10.420 exclusive contests and other private events that I'm hosting.
00:09:13.920 And if you're ready to get going,
00:09:14.920 I've got two videos queued up for you right now,
00:09:17.000 and I'll see you next Monday.