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Retention Rockstar Community Coaching Call Recording #9

The key highlights from the ninth of our ongoing monthly coaching calls:

Relationship-Driven Conversations:

  • When working with scrubbed leads, it’s crucial to craft precise scripts that compensate for the lack of pre-existing relationships.
  • Open-ended questions allow for ongoing follow-ups (e.g., every 30, 60, or 90 days), keeping the conversation alive and creating opportunities for future engagement.
  • Building trust is essential. Offer value beyond the product, such as providing useful insights (e.g., home value estimates) to foster credibility.

Optimizing Engagement with Leads:

  • Outreach to cold leads can be challenging due to low trust and reluctance to answer unknown calls. Strategies include:
    • Sending email introductions before calls to improve answer rates.
    • Ensuring a personal and local touch in communications to build trust.
    • Timing calls strategically, including evenings and weekends, when prospects are more likely to respond.
    • Utilizing personalized video emails to establish a human connection and reduce the “stranger effect.”

Leveraging Predictive Monitoring:

    • Running predictive monitoring alongside inquiry alerts can double or triple deal closures by engaging prospects earlier in the decision-making process.
    • Over time, predictive monitoring reduces inquiry alerts as companies intercept leads before competitors.
    • Effective predictive strategies rely on identifying early indicators and acting preemptively to secure trust and initiate dialogue.

Challenges with Cold Leads:

    • Limited trust and declining response rates to unknown calls necessitate innovative approaches like personalized emails or CRM-integrated outreach tools.
    • Texting can be effective but involves legal considerations, requiring clear opt-ins and careful messaging.
  • Effective Follow-Up:

    • Avoid instant product pitches; instead, focus on personalizing outreach and providing value that resonates with the prospect’s needs.
    • Consistent follow-ups over extended periods (30–120 days) ensure prospects remain engaged and open to future discussions.