How to Rethink Your Outreach Strategy and Build Long-Term Business Relationships
Being proactive and forward-thinking in business can mean the difference between stagnation and steady, long-term growth. This is true in any industry and any sector, and it will be the key to success when it comes to marketing and selling your business.
Whether you are looking to enhance your lead generation rate, generate more qualified leads rather than just any leads, or if you are looking to build lasting connections, you need to be proactive. In a nutshell, you need to shift your sales and marketing efforts towards smart, personalized outreach.
With a robust outreach strategy, you can identify the best prospects, channels, and messaging to inspire your leads to take action. Let’s put all of this into perspective and dive deep into smart, strategic outreach in the online world.
Here’s what you need to know.
Understanding the Importance of a Robust Outreach Strategy
First and foremost, what is an outreach strategy?
An outreach strategy encompasses detailed buyer personas, audience data, and the channels and tactics you use to reach out to as many qualified prospects as possible in a meaningful and value-driven way. This means that true outreach is not just about the volume with which you’re reaching out to people across all channels; it’s about the quality of your messaging and how relevant your brand and offering are to the individual.
With that in mind, smart outreach starts with diligent research and preparation. You want to consider the long-term potential of each partnership you attempt to sign and each high-value prospect you attempt to land.
A good outreach strategy is not just about making the sale; it’s about leveraging the long-term potential of the deal.
You also need to understand the channels that work best for your outreach strategy, as well as when and how to contact your prospects. For example, it’s good to remember that LinkedIn InMail typically gets a 3x response rate compared to regular email. Don’t get us wrong: email is still a powerful outreach tool, but with these numbers, it’s a great idea to take LinkedIn into consideration.
This can direct you towards exploring more outreach options on professional social platforms, especially when you’re going after B2B clients and partnerships.
Leveraging Technology for Efficient Outreach
The great thing about sales and marketing outreach in the modern business world is that there are numerous tools that you can use to streamline your processes and make them more efficient. Automation has become a big part of any successful outreach strategy, but that doesn’t mean you can allow the quality of your messaging and follow-ups to suffer.
One of the foundational tools you need in your outreach arsenal is a robust CRM system that you can use to collect, collate, and manage all your prospect data. This is crucial for outreach because you need to sort and organize your prospects according to their place in your funnel so that your creatives can craft relevant messaging for them.
For example, prospects still in the Awareness stage will need different messaging and incentives than those in the Interest or Desire stages. A good CRM will help all of your teams collaborate and optimize the content they produce for all their campaigns.
Using Multiple Channels for Outreach
Diversification. This word is a foundational pillar of long-term growth and success in just about every facet of business nowadays.
Diversifying your content offering, for example, means that you’re able to place more relevant content across a number of different online platforms and publications. When it comes to outreach, diversifying your outreach channels will give your brand more visibility, authority, and pull with the online audience.
For example, you should leverage LinkedIn’s popularity and growth for your outreach strategy. Diversifying into LinkedIn lets you craft hyper-targeted outreach campaigns to generate B2B leads and sign lucrative partnerships. This is because you’ll find all the C-level people on the platform.
The first step is to identify and organize your leads. You can do this by exporting leads from LinkedIn Sales Navigator to Excel for improved organization, ease of personalizing outreach, and simplified tracking and analysis. Once you have your leads organized, you can craft personalized connection requests and create personalized InMails.
Keep in mind that the success of your outreach efforts will rely heavily on your authority and engagement in your industry. Make sure to optimize your profiles, build groups and communities, post high-value content regularly, and engage with your community to build social proof.
Personalizing Your Outreach for Better Engagement
When it comes to personalization, it’s important to remember that different prospects and potential partners are trying to solve different, unique sets of problems.
Smart outreach will emphasize personalization as a way to put forward a unique solution to those problems, so cookie-cutter pitches just won’t work. Aside from simply addressing people by their names, you need to personalize your outreach messaging to talk about their company and the potential pain points they’re experiencing.
That’s why we spent so much time discussing prospect research and CRMs earlier - this data is crucial for crafting a personalized pitch and CTA. And remember that your outreach messages and emails need to lead somewhere, whether it’s a landing page or your personal calendar, where they can schedule a meeting.
Start with a quick introduction and mention your mutual connections, and then quickly address the pain points that the lead might be experiencing. Mention how you help solve those problems and invite them to take action to either find out more or book a call.
Building and Nurturing Long-Term Relationships
Never try to force a sale you don’t believe in, and always spend your time and effort nurturing the prospects you know would benefit from your service or products.
Believing in what you’re selling and actually matching that with the needs of your prospects is the recipe for effective and empathetic sales, which will allow you to connect with your leads. Once a lead feels that you genuinely care for them and their long-term success, they’ll be more inclined to put their trust in your brand.
Keep in mind that building these kinds of relationships takes time, so be sure to follow up with them, nurture them, and engage them in meaningful conversations. Keep providing value through quality content and free insights to earn their trust.
Measuring the Success of Your Outreach Strategy
Lastly, you need to monitor the performance of your outreach strategy so that you can adapt quickly in a competitive industry.
You will need to monitor your:
- Response rates
- CTR rate
- Conversions
- Customer lifetime value
Your goal is to get as many interested replies as possible and as many clicks on your links and downloadable materials as possible. If people are not clicking on your calendars to schedule meetings or if they’re not downloading your eBooks and reports, then that content is not relevant to them - at least not yet.
This will give you crucial insight into how warm or cold a lead is and the type of nurturing they need to become your long-term customers. Don’t forget that outreach is also about nurturing your existing relationships, so monitor the lifetime value of your connections to spot cross-sell and up-sell opportunities.
Conclusion
Now is the time to rethink your approach to outreach, leverage the right tools and tech, and personalize your messaging to truly connect with your prospects. After that, you will notice just how easier it is to follow up with people, nurture these relationships, and build mutually-beneficial partnerships that will last for years to come.