In today’s competitive and saturated market, B2B sales prospecting, aka the ability to identify, engage, and convert potential customers, is what sets thriving businesses apart.
Even though the concept of prospecting may sound straightforward, not just any strategy will get you new clients!
Sales prospecting requires a combination of wisely chosen methods combined with innovative approaches adapted to your industry.
Whether you’re a pro salesperson or just starting with your business, familiarizing yourself with the top B2B sales prospecting techniques is a must.
So let’s dive into this comprehensive guide as go through 8 best techniques and tools that every salesperson needs to form relationships and make deals.
Simply put, B2B prospecting is the process of identifying potential customers, or prospects, for your business. It involves researching, reaching out, and engaging with potential clients to convert them into paying customers.
This process is critical in maintaining a healthy sales pipeline and ensuring a steady stream of revenue for your business.
Here are a few reasons why the significance of B2B prospecting in today's business environment cannot be overstated:
→ Customer acquisition: Prospecting is the first step in the customer acquisition process. It helps businesses identify potential customers and engage them in meaningful conversations.
→ Revenue generation: Without a steady stream of prospects, businesses can't generate new sales and grow their revenue.
→ Business growth: Prospecting is critical for business growth. It helps businesses expand their customer base and enter new markets.
In the realm of B2B sales prospecting, the roles of sales and marketing are deeply connected.
It's a collaborative effort where marketing provides high-quality leads, and sales convert these leads into customers. This sales-marketing alignment is crucial for effective prospecting and achieving business growth.
Understanding the difference between inbound and outbound prospecting is vital for any business.
Inbound prospecting involves attracting prospects through content marketing, social media, SEO, and other strategies. It's about drawing in the ideal customer who is already seeking solutions that your business offers.
On the other hand, outbound prospecting involves reaching out to potential customers directly. This could be through cold calling, email marketing, or direct mail. The ideal customer for outbound prospecting is one who may not be actively seeking your solutions but would benefit from them.
The buyer journey is a critical component of B2B prospecting:
Understanding this journey can help businesses tailor their prospecting strategies and increase their sales success.
Before reaching your to your prospects, you need to identify them.
Here are some steps and techniques to guide you:
→ Don’t have a product-market fit (PMF)?
→ You have a product market fit?
Try to cover all of the following questions (answers might be different from one ICP to another):
Company information:
[ ] What is the company's size?
[ ] What is the company's industry?
[ ] What is the company's revenue?
[ ] What is the company's growth?
[ ] What is the company's location?
[ ] What is the lifetime value (LTV) of your product or service?
[ ] What is their net promoter score (NPS)
[ ] What tools does the company use?
[ ] You can use tools like BuiltWith or Wappalyzer You can use job descriptions
People’s information:
[ ] What are their pain points?
[ ] What value proposition do you have for them?
[ ] Who is the end user?
[ ] Who is the manager?
[ ] Who is the decision maker?
[ ] Why do they need you? (use their words)
[ ] What are their professional goals? (e.g. increasing the company revenue by X%)
[ ] What are their personal goals? (e.g. having a promotion in the next X months)
[ ] What will hold them back?
[ ] When do they need you?
[ ] Find triggers that can help you reach out at the right time
[ ] How important and urgent is the pain?
You can speed up the process of defining your business’ ideal customer profile with lemlist free ICP generator.
All you need is your value proposition and your product or service description.
lemlist ICP generator will create for you 3 personas that you can download, analyze, and use to personalize email copy, increase reply rates, get more LinkedIn connections, and make the most out of your cold outreach efforts.
Once you have completed your ideal customer profiles, order them into tiers.
→ Tier 1 will be the ICP that will bring you the most revenue,
→ Tier 2 will be in-between,
→ Tier 3 will be the ICP that brings you the least revenue.
Structuring your ICPs into tiers helps you get your priorities straight and shows you where to spend most of your time.
For example, you would want to focus more on writing the email copies for the tier 1 persona since they will bring more revenue.
👉 You can access a complete guide to defining your target audience here and ensure you target prospects that will bring you the most $$$
Now that you have found relevant leads, you have to collect them from LinkedIn (AKA scrape them).
You have a lot of tools that can do that, but lemlist’s Email Finder and Verifier might be the easiest to use.
Thanks to the waterfall enrichment method, Email Finder and Verifier combines the best third-party data sources to give you 40-55% more valid emails.
This is the equivalent of asking 6 different providers for up-to-date leads’ information without navigating and subscribing to multiple apps.
👉 In this article, you can find a full list of tools that can help you find ideal contacts!
Now, here it is! You have officially built an email list of qualified prospects. Next, you want to reach out to them.
Cold calling involves initiating conversations with potential leads to introduce a product, service, or solution, aiming to convert these leads into opportunities and, eventually, customers.
Best Practices:
Advantages of Cold Calling in B2B Prospecting:
Challenges of Cold Calling in B2B Prospecting:
👉 To help you make a cold call that will help you build relationships and make deals, check out this ultimate cold calling guide (with bonus outreach sequence!).
Unlike inbound marketing where businesses attract leads to come to them (often via content marketing), outbound emails are a form of direct outreach, attempting to spark interest or action from the recipient without prior contact.
Best Practices:
Benefits of Outbound Emails in B2B Prospecting:
Challenges of Outbound Emails in B2B Prospecting:
👉 To figure out how to write cold emails that get replies, check out this ultimate step-by-step guide and book more meetings!
At its core, social selling is about building and nurturing genuine relationships online, primarily through social media channels. It moves beyond traditional sales tactics by focusing on engaging with potential customers in their digital spaces, providing value, and fostering trust.
Why Social Selling is Important for B2B Sales Prospecting:
Social Selling Best Practices:
👉 To help you get started with LinkedIn prospecting, check out this guide and convert LinkedIn networking into sales opportunities!
Sales cadences, often referred to as "sales sequences" or "follow-up strategies," play a critical role in B2B sales prospecting.
A sales cadence is a strategic sequence of outreach activities, like emails, calls, and social interactions, designed to engage potential B2B customers. It ensures regular and timely engagement with leads, combining different prospecting methods and personalization.
Best Sales Candence Practices:
Advantages of Sales Cadences in B2B Prospecting:
Sales Candence Challenges:
Here are some of the sequence steps you can add to your outreach campaign to increase your reply chances:
→ LinkedIn steps
👉 If you’re unsure how to break the ice on LinkedIn, check out this article and get free messaging tips to boost your reply rates
→ Cold call: to build rapport directly with your prospects
👉 Get tips from this cold-calling guide to create personal connections with your prospects and overcome objections via cold calls
→ Other specific actions to get your leads’ attention (e.g., comment on their post, etc.)
P.S. In our multichannel masterclass, you can find exclusive strategies and templates to replicate in your next campaign and book meetings with 17-30% of your prospects!
Paid advertising refers to the practice of sponsoring content, be it through search engines, social media platforms, or other digital channels, to elevate brand visibility and attract potential business clients. The main difference is that companies pay for ad placements rather than relying solely on organic reach.
Primary Platforms for B2B Paid Advertisements:
Paid Advertisements Best Practices:
Advantages of Paid Advertisements in B2B:
Challenges of Paid Advertisements in B2B:
Email marketing remains one of the most powerful techniques for B2B sales prospecting. When executed correctly, it offers a personal, scalable, and cost-effective way to engage potential business clients.
Benefits of Email Marketing in B2B Sales Prospecting:
Best Practices for B2B Sales Prospecting via Email:
Content marketing is the creation and distribution of informative, relevant material to attract, engage, and convert potential business customers. Unlike direct advertising, content marketing seeks to provide genuine value to prospects, positioning the company as a thought leader and trustworthy partner in its field.
Importance for B2B Sales Prospecting:
Types of Content to Test Out in B2B Sales Prospecting:
Best Practices:
Social media platforms enable businesses to connect with potential leads, industry professionals, and other businesses in real-time. Through strategic content sharing and engagement, companies can foster relationships, demonstrate expertise, and ultimately guide prospects down the sales funnel.
Key Platforms for B2B Prospecting:
Techniques and Best Practices:
Benefits of Social Media Prospecting in B2B:
Challenges of Social Media Prospecting in B2B:
Here are 5 major advantages of using technology in B2B sales prospecting are:
There are numerous tools available today that can streamline and enhance your prospecting efforts.
That’s why we curated top ones to help you automate repetitive tasks, manage your prospects and leads, track your performance, and much more:
lemlist offers a comprehensive suite of tools and strategies designed to enhance B2B sales prospecting.
By focusing on personalization, automation, and delivering genuine value, lemlist aims to increase the effectiveness of your outreach efforts and drive more meaningful engagements with potential clients.
→ Access millions of potential buyers in the biggest AI-powered lead database
→ Get their verified emails with a single click thanks to Email Finder and Verifier
→ Use lemlist’s AI to send fully custom multichannel campaigns in seconds
→ Track your results to double down success & accelerate your sales process like never before!
In the realm of B2B sales prospecting, where email outreach remains a dominant strategy, ensuring emails reach the intended recipient is a must.
lemwarm offers a solution to the challenges of email deliverability, providing an automated means to enhance domain reputation and increase the chances of meaningful engagement with potential clients.
Combined with high-quality outreach content and targeted lists, it can be a powerful tool for any B2B salesperson.
→ automatically send warm-up emails
→ reduce the risk of your domain getting blacklisted by email providers
→ improve domain’s reputation leading to a higher probability of your sales emails reaching the primary inbox
lemcal offers a comprehensive solution for B2B sales prospecting by streamlining the meeting scheduling process, reducing no-shows, and allowing businesses to make a strong brand impression. Its integration capabilities and user-friendly features make it a valuable tool for sales professionals looking to optimize their prospecting efforts.
→ schedule meetings on autopilot, eliminating the back-and-forth typically associated with setting up appointments
→ showcase your brand on a personalized booking page to increase attendance and make each meeting more impactful
→ integrate seamlessly with platforms like Google Meet, Microsoft Teams, and Zoom.
Taplio offers a suite of tools tailored for LinkedIn, making it a powerful asset for professionals engaged in social selling and prospecting. Its features are designed to amplify online presence, engage potential leads, and convert interactions into tangible business opportunities.
→ craft engaging LinkedIn content with AI to attract potential clients and establish as an industry thought leader
→ schedule your LinkedIn posts, ensuring a regular presence on without daily manual posting
→ access over 3 million enriched LinkedIn profiles, and add them directly to your outreach tool
Tweethunter is an all-in-one, AI-powered Twitter tool designed to help users grow and monetize their Twitter audience, aiming to achieve sales, growth, and expanded networks.
→ search for high-performing tweets by keyword or handle to understand what content drives engagement
→ Receive daily personalized tweet suggestions, rewrite tweets, and get ideas for tweets and threads
→ Automatically send DMs to users who interact with your tweets, ideal for distributing resources or offers
A lead is a contact who has shown some interest in your company or product but may not be ready to buy. On the other hand, a prospect is a lead who has been qualified as fitting your ideal customer profile and is likely to become a customer.
While the ultimate goal is to convert prospects into customers, the process involves much more. It's about building relationships, understanding your prospects' needs, and providing value.
B2B (Business-to-Business) sales prospecting is conducted by several roles within a company or its sales organization. Here are the primary roles that engage in B2B sales prospecting:
→ Sales Representatives (or Sales Reps):
Sales reps, especially those in the field, engage in prospecting to find and qualify potential new customers. They often use various methods, including cold calling, networking events, and online research, to identify these potential leads.
→ Sales Development Representatives (SDRs):
SDRs (also known as Business Development Representatives or BDRs in some organizations) primarily focus on the top of the sales funnel. Their main responsibility is to generate and qualify leads. They set up initial meetings or calls after ensuring the lead fits the target customer profile.
→ Account Executives (AEs):
While AEs primarily focus on closing deals, they can also be involved in prospecting, especially in smaller organizations or situations where they are targeting high-value accounts.
→ Inside Sales Teams:
These teams, usually located at the company's office rather than out in the field, focus on reaching out to potential customers through phone calls, emails, and other digital means. They might either close the sale themselves or pass the qualified lead to an outside sales rep or account executive.
→ Marketing Teams:
While they don't engage in direct sales, marketing teams play a critical role in prospecting by generating inbound leads. They use content marketing, social media campaigns, webinars, SEO, and other tactics to attract potential customers.
→ Sales Operations or Analytics Teams:
These teams often support prospecting efforts by providing data, insights, and tools. They might identify industries, regions, or companies that are ripe for outreach based on market research and data analysis.
→ Channel Partners and Resellers:
In some B2B models, channel partners or resellers might conduct their own prospecting to find end-users for a company's product or service.
→ Founders and C-Level Executives:
Especially in startups or smaller companies, senior executives might be involved in sales activities, including prospecting. Their authority and expertise can be particularly effective in reaching out to high-level decision-makers at prospective customer companies.
→ Dedicated Prospecting or Lead Generation Agencies:
Some companies outsource the task of prospecting to specialized agencies. These agencies have the tools, expertise, and resources to generate a list of qualified leads, which the company's sales team can then pursue.
Regardless of the specific role, effective B2B sales prospecting requires a deep understanding of the target market, the ability to identify and engage potential customers, and the skills to qualify leads efficiently.
For those eager to go deeper into the world of prospecting, there are numerous books, podcasts, blogs, and online courses that offer invaluable insights.
Some top recommendations include the books "Predictable Revenue" by Aaron Ross and "Fanatical Prospecting" by Jeb Blount, as well as the podcasts "Sales Gravy" and "The Brutal Truth About Sales & Selling".
Moreover, several online platforms offer comprehensive training courses on sales prospecting. Websites like Coursera, Udemy, and LinkedIn Learning offer a wide range of courses tailored to different experience levels and learning styles.
Lastly, don't forget the power of learning from others. Join online communities of sales reps, attend industry events, and engage in discussions with your peers. These interactions can provide you with fresh perspectives and practical tips to enhance your prospecting efforts.
Remember, B2B sales prospecting is a continuous journey of learning and adaptation. By leveraging these techniques and staying committed to your growth, you can truly master the art of prospecting and drive remarkable results for your business!
When doing B2B sales prospecting, keep in mind the importance of personalization, use of data for segmentation, the balance between outbound and inbound strategies, and the role of technology in optimizing your prospecting efforts.
Regularly revisit these principles and adapt them to your unique context and objectives, and keep boosting your sales!
G2 Rating | Price | Best for | Standout feature | Con | |
---|---|---|---|---|---|
4.9 star star star star star | $30/mo $75/mo $2,999/mo | Large, distributed sales teams | AI evaluation precision, gamified KPIs | Lack of tracking system | |
4.6 star star star star star-half | Not publicly available | Sales operations and finance teams | Powerful configurability | Limited training resources and complex to navigate | |
4.4 star star star star star-half | Not publicly available | Mid-market and enterprise businesses | Comprehensive incentive management | Potentially high cost and steep learning curve | |
4.7 star star star star star-half | $15/user/mo $40/user/mo Enterprise: custom price | Complex sales structures and businesses of all sizes | Complex sales structures and businesses of all sizes | Steep learning curve | |
4.6 star star star star star-half | Not publicly available | Collaborative teams | Connected planning | Complexity and steep learning curve | |
4.6 star star star star star-half | Not publicly available | Companies with complex sales structures | Complex incentive compensation management (ICM) with high efficiency and accuracy | Complexity for smaller teams and potentially high costs | |
4.7 star star star star star-half | Not publicly available | Companies who want to automate commission calculations and payouts | Simplicity and ease of use | Lack of features like redirection | |
4.7 star star star star star-half | $30/user/mo $35/user/mo Custom: upon request | Businesses that need a comprehensive and user-friendly sales compensation management software | Ease of use and adoption | Lack of ability to configure the product based on user needs | |
4.8 star star star star star-half | Not publicly available | Companies with modern sales culture and businesses who want real-time insights | A built-in dispute management and real-time visibility | Users say it works slowly, customer support is slow | |
4.9 star star star star star | $30/user/mo $50/user/mo | Smaller sales teams | Powerful automation | Lesser user base and average user interface | |
4.7 star star star star star-half | Not publicly available | Companies with scalable needs | Automated Commission Calculations | Lack of filtering by date, no mobile app |
PRM Tool | Rating | Feature | Pro | Con | Mobile App | Integrations | Free Plan | Pricing |
---|---|---|---|---|---|---|---|---|
4.65 star star star star star-half | Org-wide alignment | User-friendly layout and database | Suboptimal as a personal CRM | square-check | Lack of tracking system | square-check | Team: $20/month Business: $45/month | |
4.7 star star star star star-half | Social Media Integration | Easy contact data collection | No marketing/sales features | square-check | Lack of tracking system | square-xmark 7-day trial | $12/month | |
4.75 star star star star star-half | Block Functions | High customization capability | Not a dedicated CRM | square-check | Limited | square-check | Plus: €7.50/month Business: €14/month | |
N/A | Open-source | Open-source flexibility | Requires extensive manual input | square-xmark | Limited | square-check Self-hosted | $9/month or $90/year | |
3.1 star star star | Simple iOS app | Ideal for non-tech-savvy users | iPhone only | square-check iOS only | Limited | square-xmark 1-month trial | $1.49/month or $14.99/month | |
3.6 star star star star-half | Smart Contact Management | Feature-rich and flexible | Reported bugs | square-check | Rich | square-xmark 7-day trial | Premium: $13.99/month Teams: $17.99/month | |
4.4 star star star star star-half | Customizable Interface | Customizable for teamwork | Pricey for personal use | square-check | Rich | square-xmark | Standard: $24/member Premium: $39/member | |
4.7 star star star star star-half | Integrated Calling | Integrated Calling | Too sales-oriented & pricey | square-check | Rich | square-xmark 14-day trial | Startup: $59/user/month Professional: $329/user/month | |
4.8 star star star star star | Business Card Scanning | Business Card Scanning | Mobile only | square-check | Limited | square-check | $9.99/month | |
4.45 star star star star star-half | 160+ app integrations | Comprehensive integrations | No free app version | square-check | Rich | square-xmark 14-day trial | $29.90/month or $24.90/month (billed annually) |
Capterra Rating | Free Trial | Free Plan | Starting Price (excluding the free plan) | Maximum Price (for the most expensive plan) | Best for | |
---|---|---|---|---|---|---|
4.5 star star star star star-half | square-check 14-day | square-check | €15/month/seat billed annually | €792/month/3 seats billed annually + €45/month for each extra seat | Versatility and free plan | |
4.2 star star star star | square-check 30-day | square-xmark But it offers reduced price to authorised nonprofit organisations | €25/user/month | €500/user/month billed annually (includes Einstein AI) | Best overall operational CRM | |
4.3 star star star star star-half | square-xmark | square-check Limited to 3 users | Comprehensive incentive management | €52/user/month billed annually | Small-medium businesses and automation | |
4.5 star star star star star-half | square-check 14-day | square-xmark | €14/seat/month billed annually | €99/seat/month billed annually | Sales teams and ease of use | |
4.1 star star star star | square-xmark | square-check Limited 10 users | $9.99/user/month billed annually | $64.99/user/month billed annually | Free plan for very small teams up to 10 |
CRM goal | Increase the sales conversion rate for qualified leads from marketing automation campaigns by 10% in the next 6 months. | ||||
SMART Breakdown | 1. Specific: It targets a specific area (conversion rate) for a defined segment (qualified leads from marketing automation). | 2. Measurable: The desired increase (10%) is a clear metric, and the timeframe (6 months) allows for progress tracking. | 3. Achievable: A 10% increase is possible based on historical data and potential improvements. | 4. Relevant: Boosting sales from marketing efforts aligns with overall business objectives. | 5. Time-bound: The 6-month timeframe creates urgency and a clear target date. |
Actions | Step 1: Refine lead qualification criteria to ensure high-quality leads are nurtured through marketing automation. | Step 2: Personalize marketing automation campaigns based on lead demographics, interests, and behavior. | Step 3: Develop targeted landing pages with clear calls to action for qualified leads. | Step 4: Implement lead scoring to prioritize high-potential leads for sales follow-up. | Step 5: Track and analyze campaign performance to identify areas for optimization. |
Outcomes | Increased sales and revenue | Improved marketing automation ROI | Marketing and sales alignment | Data-driven marketing optimization |