Table of Content
Even in the reign of social media platforms, cold emails yield 40 times more customers than social media channels combined.
It means small and medium businesses can grow their customer base and drive profitability with the right cold emailing approach. Given such higher conversion numbers, cold emailing can be hard for two reasons. You have no prior communication with your target audience and you can’t change your approach in real time.
Already getting cold feet? Fret not; Vaibhav Namburi, the founder and director of Smartlead has interviewed the Cold Email Wizard, none other than Daniel Fazio.
With over 340+ clients, Daniel has created the most popular cold email course on the internet. He’s helped agencies and B2B companies to add $10k-$50k/mo in profit with cold email.
In this Q&A article, Daniel spills his secret to succeed in cold emailing. So, get ready to master the art of cold emailing to drive more conversions and generate higher revenue to your business.
So, without further ado, let's jump right in.
The first and probably the most important thing you need to consider before you start sending cold emails is what exactly you offer and how it’s going to impact your prospects’ businesses.
Watch the full interview with Daniel Fazio. Watch Now!
In Daniel’s words, “If you were to imagine any reason why somebody wants to purchase something, it's because they exist at some current state and they want to arrive at some end state. And you are the gap between the two. So a very big problem some people have when they're selling something is they don't always know the exact end state that a prospect does want to arrive at.”
He gave a quick example of how he changed his Instagram offer based on the clients he was working with and added that “You need to point with the positioning of the offer and actually find out what people want and what's what's actually extremely interesting and very useful.”
Daniel also added, “If you put their demographic and kind of like a description, like a hyper description of who they are, what they're running, the kind of business it is, how big their team is, how old they are, where they're located.”
And we can’t agree more. A SuperOffice study has proven that 33% of email recipients open an email solely based on the subject line. This means your demographic study and email personalization will be super effective in generating more email opens.
In fact, a Woodpecker study shows that multiple personalization fields can improve cold email reply rates by 142%. This surely proves Daniel’s points.
Daniel: “You're always going to make some kind of claim like, I can help you do this. They're just like stating some relevance where you found them and just making some claim like would you be interested in this?”
He also stated, “I do hundreds of split tests over and over again until I find the one thing that works. It's an order of magnitude better than everything else in it.”
While talking about understanding what people (B2B clients) want, Daniel fazio, quite interestingly mentioned, “I have found that ChatGPT is actually pretty good at extracting what people want if you put their demographic data and a hyper-personalized description of who they (target audience) are, what kind of business they are running, company size, location, etc.”
Read more: How to Use ChatGPT in Your Cold Email Strategy?
Daniel: “So you're selling something – you make a claim, like I'm going to help you do this. Then reverse the risk. So it's like if you don't get this claim, you'll get your money back or you're only going to pay while it works. And sure enough you need social proof. So there's basically three things that make people purchase things from you on the internet (actually anywhere). You have to make a claim. Then you reverse the risk and provide evidence that you can.”
Sure, there are businesses that are just starting out and don’t have any social proof to back up their claims. For businesses like that, Daniel suggested, “What you need to do while you don't have evidence is amp up the risk reversal. And what I mean by that is saying something like you're only going to pay as it's working on a performance basis or you're only going to pay after it works.”
Adding further on how to gain social proof, Daniel shared how he did it initially, “I would go and email everyone who got success saying hey, if you're getting success with this, I will make you a trade. I will get on a free consulting call with you. In exchange for that, I want you to tweet your quantifiable results. Now I would screenshot it and then put it on the landing page.”
Also read: 101+ Cold Email Templates to Nail Outreach
Daniel: “There are different subsections with which you can inject the social proof. So I'll assume you're a lead gen agency, and you are probably using cold email to get your leads. So your front end is the cold email itself (top of the funnel) and the kind of the mid funnel is your landing page. So you could write like, P.S. I've worked with these people and got these results.”
This works like a charm to build credibility and trustability of your cold email recipients. What other types of social proofs can be used you ask?
You can mention the big clients you’ve worked with, your previous achievements, customer testimonials, etc.
“The best form of social proof is getting one of your clients on an interview and then straight up asking how much money you’ve made with this (service/product)?” added Daniel.
Testimonials can increase conversions on sales pages by 34%.
An impactplus.com study proves that 50% of all customers visit a company’s website only after reading positive reviews. The same study also states that customer testimonials increase conversions on sales pages by 34%.
Daniel: “So you have to start with a specific claim. This is just the easiest thing I've told people to do. When someone gets on a call with you, assume that they would prefer to give you money in exchange for a solution. And if you pitch them an offer and it doesn’t interest them, simply ask what would a perfect situation look like for you? And typically what'll happen is they will give you some context by which they want you to execute a service.”
Daniel further explained it with an example. If you have a lead gen agency, and a prospect who has recently hired a SDR booked a meeting from your cold emails. Now the prospect naturally doesn;t want to pay you as they have hired a professional for that.
So, what do you do in such situations? You can simply go on to offer training to their sales teams or offer more leads for the sales team. This is how you customize your offer based on your prospects' needs.
Daniel: “So you have to think for people. Everything you write, you just have to go to the next level deeper. And what I mean by that is every time you write something on a page or a kind of claim, ask yourself, where do they start? Suppose, they were making a hundred thousand leads a month. Now they got 32% more leads. How fast did you do that? Suppose you do that in 47 days. Now add the better angling to put an extra 32% generated in 47 days. It just makes more sense.”
We’ve seen positive results (more meetings bookings and more conversions) with more specific and intent-based CTA. This leaves out guesswork from your prospects’ minds, builds authority of the claim, and generates more sales.
Daniel: “What typically happens is a beginner will start on a performance basis and then they'll want to gather enough social proofs to be able to go to a retainer basis. And then as you become extremely competent over time, you'll want to switch back to a performance basis because you're so good at your job.”
Daniel also added that eventually an established business should have both – a fixed pricing model and also performance based pricing plans.
Daniel: “There are two phases with which someone would elapse through inside client accession. It's like we're starting with cold outreach, writing your scripts, and giving you leads and software to do it.”
The cold email wizard also added, “And now you start getting some people coming through, you sign some people. And give importance to creating a mechanized system to deliver.”
“It's just a mechanized structure that is like, okay, spin some social proof, and then start distributing an enormous amount of content on the Internet. And that's literally all you do.”
Daniel: “I always put a very heavy emphasis on getting results for them. But there's an unspoken thing that you can't really measure and it is the experience of it. And what I mean by experience is a system by which you will be telling people what is happening. People want transparency that you are actively trying to improve continuously.”
According to Daniel, the key to successful customer retention are a transparent communication channel and accountability. It’s way simpler than you think.
For example, if you have a cold emailing agency and you charge $1 for every $10 earned. Even if your service is great, someday a competing agency might come up and steal your clients. Make sure you project yourself as someone they can trust and update them from time to time. You may inform your customers what you’ll do throughout the week and at the end of the week, you can reveal what you’ve done. And maybe twice a month you reach out to your clients and ask how they are, how’s business, and how else they'd like to improve.
That’s it. This builds trust among customers and increases the chances of customer retention. Basically, you offer your customers a human-like experience.
Daniel: “What a lot of people do is like their first foray into cold email has a lot to do with scale. So what they're doing is they're writing a message to a thousand as opposed to writing a message to one and trying to extract it to a thousand. And what I have found extremely useful is focusing more on relevance and not (just) personalized first news.”
The interview with Daniel Fazio (the Cold Email Wizard) sheds light on the effectiveness of cold emails as a highly effective strategy for SMBs to expand their customer base and drive more sales. Despite the fact that we are living in the age of social media, cold emailing offers higher conversion rates than social media channels.
Daniel emphasized the importance of understanding a prospect’s desire and customizing the offer based on that. With proper demographic study, businesses can create engaging and personalized cold emails to increase conversion rates. Also, Daniel gave special focus on A/B testing (split testing) email variations.
In this interview, both Daniel and Vaibhav agreed that social proof is a key factor for building credibility and crucial for getting more high-value clients. Crafting specific claims, reversing risks, and providing evidence of value further strengthen the effectiveness of cold email offers. By implementing Daniel Fazio's proven strategies, entrepreneurs and marketers can unlock the potential of cold emailing as a powerful tool in their marketing strategy.
Smartlead's cold email outreach tool helps businesses scale their outreach efforts seamlessly. With unlimited mailboxes, fully automated email warmup functionality, a multi-channel infrastructure, and a user-friendly unibox, it empowers users to manage their entire revenue cycle in one place. Whether you're looking to streamline cold email campaigns with automated email warmups, personalization fields, automated mailbox rotation, easy integrations, and spintax, improve productivity, or enhance scalability with subsequences based on lead’s intentions, automated replies, and full white-label experience, our cold email tool implifies it in a single solution.
Our "unlimited mailboxes" feature allows you to expand your email communications without restrictions imposed by a mailbox limit. This means you won't be constrained by artificial caps on the number of mailboxes you can connect and use. This feature makes Smartlead the best cold email software and empowers you to reach a wider audience, engage with more potential customers, and manage diverse email campaigns effectively.
The "unibox" is one of the unique features of Smartlead cold email outreach tool, and it's a game-changer when it comes to managing your revenue cycle. The master inbox or the unibox consolidates all your outreach channels, responses, sales follow-ups, and conversions into one centralized, user-friendly mailbox.
With the "unibox," you gain the ability to:
1. Focus on closing deals: You can now say goodbye to the hassle of logging into multiple mailboxes to search for replies. The "unibox" streamlines your sales communication, allowing you to focus on what matters most—closing deals.
2. Centralized lead management: All your leads are managed from one central location, simplifying lead tracking and response management. This ensures you take advantage of every opportunity and efficiently engage with your prospects.
3. Maintain context: The "unibox" provides a 360-degree view of all your customer messages, allowing you to maintain context and deliver more personalized and effective responses.
Smartlead, the best cold email marketing tool, ensures your emails reach the intended recipients' primary inbox rather than the spam folder.
Here's how it works:
1. Our "unlimited warmups" feature is designed to build and maintain a healthy sending reputation for your cold email outreach. Instead of sending a large volume of emails all at once, which can trigger spam filters, we gradually ramp up your sending volume. This gradual approach, combined with positive email interactions, helps boost your email deliverability rates.
2. We deploy high-deliverability IP servers specific to each campaign.
3. The ‘Warmup’ feature replicates humanized email sending patterns, spintax, and smart replies.
4. By establishing a positive sender reputation and gradually increasing the number of sent emails, Smartlead minimizes the risk of your emails being flagged as spam. This way, you can be confident that your messages will consistently land in the primary inbox, increasing the likelihood of engagement and successful communication with your recipients.
Certainly, Smartlead is designed for seamless integration with a wide range of tools and platforms. Smartlead offers integration with HubSpot, Salesforce, Pipedrive, Clay, Listkit, and more. You can leverage webhooks and APIs to integrate the tools you use. Try Now!
No, there are no limitations on the number of channels you can utilize with Smartlead. Our multi-channel infrastructure is designed to be limitless, allowing you to reach potential customers through multiple avenues without constraints.
This flexibility empowers you to diversify your cold email outreach efforts, connect with your audience through various communication channels, and increase your chances of conversion. Whether email, social media, SMS, or other communication methods, Smartlead's multi-channel capabilities ensure you can choose the channels that best align with your outreach strategy and business goals. This way, you can engage with your prospects effectively and maximize the impact of your email outreach.
Smartlead distinguishes itself from other cold email outreach software by focusing on limitless scalability and seamless integration. While many similar tools restrict your outreach capabilities, Smartlead offers a different approach.
Here's what makes us uniquely the best cold email software:
1. Unlimited Mailboxes: In contrast to platforms that limit mailbox usage, Smartlead provides unlimited mailboxes. This means you can expand your outreach without any arbitrary constraints.
2. Unique IP Servers: Smartlead offers unique IP servers for every campaign it sends out.
3. Sender Reputation Protection: Smartlead protects your sender reputation by auto-moving emails from spam folders to the primary inbox. This tool uses unique identifiers to cloak all warmup emails from being recognized by automation parsers.
4. Automated Warmup: Smartlead’s warmup functionality enhances your sender reputation and improves email deliverability by maintaining humanized email sending patterns and ramping up the sending volume.
5. Multi-Channel Emphasis: Smartlead places a strong emphasis on multi-channel outreach. You can reach your prospects where they are with the LinkedIn outreach feature. With Smartlead’s cold email automation software, you're always one step ahead in your outreach efforts, enjoying the freedom to scale your initiatives and seamlessly integrate with other tools—all while maintaining a focus on maximizing the impact of your outreach.
Ensuring the security of your data is Smartlead's utmost priority. We implement robust encryption methods and stringent security measures to guarantee the continuous protection of your information. Your data's safety is paramount to us, and we are always dedicated to upholding the highest standards of security.
Getting started with Smartlead is straightforward! Just head over to our sign-up page and follow our easy step-by-step guide. If you ever have any questions or need assistance, our round-the-clock support team is ready to help, standing by to provide you with any assistance you may require. Sign Up Now!
We're here to assist you! You can easily get in touch with our dedicated support team on chat. We strive to provide a response within 24 hours to address any inquiries or concerns you may have.