Tag: B2B sales

  • New Market Entry: Why You Should Win One Deal First

    New Market Entry: Why You Should Win One Deal First

    Most companies planning a new market entry get the order of operations badly wrong. They write the business case, hire a country manager, build the deck, redesign the website, and only then go looking for actual customers. It’s a very tidy sequence, and it wastes an enormous amount of money.

    The problem with going in fully committed

    The instinct to look serious before you are serious is understandable. You want distributors, partners, and prospects to trust you. But what you learn from your first real customer in a new market will invalidate a significant portion of the assumptions in that business case, and it will do so within weeks. The sales cycle turns out to be longer. The procurement process involves a committee you hadn’t accounted for. The pain point you’re solving is real, but not the one you led with. The pricing tier that worked at home creates an odd silence here.

    Sales cycles in new markets commonly run 30-50% longer than domestic ones, which alone can make a six-month revenue plan look optimistic by the end of month two. Purchasing structures, budget priorities, and buying cycles all differ, and the pitch that landed perfectly in your home segment may arrive somewhere new to polite bafflement.

    What a proper pilot actually looks like

    The alternative isn’t timidity, it’s sequencing. Before you build infrastructure, run a deliberate pilot. Pick three to five target customers in the new market or vertical and try to win them before hiring a team. The goal isn’t revenue, not yet. The goal is to validate the positioning, the go-to-market motion, and the unit economics before committing budget to scale.

    In practice, this means closing one deal with a customer you’ve chosen because they’re representative of the broader opportunity, not because they happened to call you. That single customer will teach you more about the sales process, product fit, delivery, and customer success in that market than any amount of desk research.

    Then document everything obsessively: the objections that came up, the parts of the proposal that needed rewriting, the stakeholders who appeared late, the implementation snag nobody anticipated. Once you’ve closed them, nurture that customer towards a case study or testimonial. In a new market, established competitors benefit from long-standing relationships and a new entrant is, fairly reasonably, treated as a higher risk. One genuine local reference dissolves more of that scepticism than any marketing spend.

    The distributor question

    Many businesses shortcut the pilot by appointing a distributor and calling that their market entry. It can work, but it carries its own trap. A distributor accelerates access and compresses margins, trading speed for profit. And without clear accountability, you can end up paying for representation whilst performing the sales work yourself.

    A distributor who already has relationships in your target segment is genuinely valuable. But signing one before you understand the market well enough to brief them, set realistic targets, and hold them to those targets is just outsourcing your ignorance. Appointing a well-connected generalist can actually accelerate the most common go-to-market mistake, which is trying to serve too many segments at once, by giving it a veneer of progress.

    When to actually scale

    The signal to scale isn’t a calendar date or a board mandate. With proven positioning and a successful pilot behind you, your country manager or regional team arrives with a playbook to execute rather than a problem to solve. That’s the difference between a first hire who spends six months figuring out why no one’s buying, and one who arrives with a repeatable process and a reference customer to point at.

    A market entry built this way is slower to look impressive on a slide, but it’s considerably harder to get catastrophically wrong.

  • Cold Outreach Is Getting Worse. Try This Instead.

    Cold Outreach Is Getting Worse. Try This Instead.

    Cold outreach has always been a numbers game, but the numbers have turned ugly. Reply rates on cold emails now sit somewhere between 1 and 3 percent across most B2B sectors, and cold call success rates have roughly halved since 2024. You can run a well-crafted sequence, spend serious time on copywriting and targeting, and still have 97 out of every 100 people simply not respond. At some point it’s worth asking whether the game itself is still worth playing.

    The honest answer is: sometimes, but much less than most businesses assume. Warm outreach converts at a fundamentally different rate, with response rates of 18-25% routinely reported for warm contacts versus low single digits for cold. That gap isn’t a rounding error. It reflects something real about how people decide to trust a stranger with their attention and, eventually, their money.

    Why cold outreach stopped working so well

    Several things have compounded at once. Gmail’s spam filters now block close to 15 billion unwanted emails per day, AI-generated outreach has flooded inboxes to the point where anything that smells templated gets binned on instinct, and Google and Yahoo tightened sender authentication requirements through 2024 and 2025, meaning poorly configured domains often don’t reach a human at all.

    Buyers have also simply become better at filtering noise. Gartner research suggests B2B buyers are around 70% through their own evaluation before they engage a sales rep, so an unsolicited email landing before someone has even identified a problem they want to solve is more or less invisible.

    None of this makes outbound dead. It makes indiscriminate outbound expensive and slow, which is a different thing.

    What warm outreach actually means (and doesn’t)

    Warm outreach isn’t a tactic so much as a condition: you’re contacting someone who has some prior awareness of you, your work, or your name, however slight. That prior awareness does most of the heavy lifting before you’ve written a single word, because it short-circuits the instant-distrust reflex that kills cold messages. It can come from a shared LinkedIn connection, someone who commented on something you published, an event you both attended, a podcast appearance, or a mutual client who mentioned you in passing.

    The practical implication is that warm outreach isn’t a single channel. It’s what happens when you’ve done enough visible, useful work that some people already have a reason to reply. That’s the part most people skip, because it takes longer to build than a bulk email sequence.

    Building more warm opportunities without waiting years

    The most overlooked source of warm prospects is people who’ve already interacted with something you’ve put out: liked a LinkedIn post, downloaded something from your website, asked a question in a webinar, replied to a newsletter. These are signals, and reaching out within a short window after them, ideally within 72 hours, can lift response rates considerably because the context is still fresh. They remember the post. They remember thinking it was useful.

    Second-degree connections are also worth treating more deliberately. If a current client knows someone at a company you want to work with, a direct introduction moves that prospect from cold to warm in one conversation. This is specifically about making someone aware of you before you ever reach out directly.

    A smaller, high-quality warm list will almost always outperform a large cold one. Ten genuinely personalised messages to people who’ve had some contact with your work, each referencing something real and specific about them, will generate more replies than 200 templated emails to a scraped list. That’s not a philosophical position; it’s just what the conversion data has been showing, consistently, for the past couple of years.

    When cold outreach still makes sense

    Cold outreach scales in a way warm doesn’t, because warm is constrained by the size of your existing network and the pace at which you can create visibility. If you’re entering a completely new market where you have no presence whatsoever, some cold prospecting is the only realistic way to build an initial foothold. The key is treating it as a long game of building familiarity rather than expecting immediate replies, and being genuinely specific about why you’re contacting that particular person rather than sending something that reads like it went to five hundred people at once.

    The businesses that do cold outreach well in 2025 tend to use intent signals to decide who to contact and when: a company that just posted a relevant job role, or whose CEO mentioned a specific challenge on a public earnings call. That specificity transforms a cold email into something that at least reads as informed, which is a different category entirely from a generic pitch.

    So the simplest reframe is this: use cold outreach to expand the pool of people who know you exist, and warm outreach to actually convert. Conflating the two, and expecting cold contacts to behave like warm ones, is where most pipelines quietly stall.

    Frequently Asked Questions

    How do I turn a cold contact into a warm one?

    Engage with their content publicly before reaching out, get a mutual connection to make an introduction, or create something useful, a piece of writing, a talk, a newsletter, that they interact with first. Any of these creates prior awareness, which is all “warm” really means.

    Is cold email still worth doing at all?

    Yes, for scale and for entering new markets where you have no existing network. But keep expectations realistic: a well-run cold campaign in 2025 might generate a 3-5% reply rate at best, so volume matters, and highly targeted lists almost always outperform large generic ones.