An easy way to find prospects interested in your product or service is to check out your competitors' users out.
Targeting your competitors' clients = targeting people who obviously have pain points your solution solves.
But how do you approach them? How do we catch their interest and push them to change their choice?
In this article, Charles, CEO of Devlo, reveals key strategies that led to successful replies and how just a few tweaks can lead to even better results.
Here's a cold email that targets mid to C-level employees that use competitors’ software👇
Here are Charles' insights on why this cold email brings replies:
Tip #1: It shows research
The first sentence is personalized with the name of the competitors’ tools and shows that the person reaching out understands the leads’ background.
Tip #2: There’s a “what if” question
Using these questions prompts people to put themselves in a situation where their pain point would be fixed with your solution.
Tip #3: Mentions clients
It’s always a good idea to name-drop your clients similar to your leads and show before/after to boost your credibility.
Tip #4: There’s interest-based CTA
Before booking meetings with your leads, you can use the first email to confirm their interest and build rapport.
Tip #5: It’s short
If you want to make your email readable, use a shorter format or, as in this example, around 80 words.
Hungry for more? Here is how Charles would rewrite this cold email and his tips for even better results!
Tip #1: Use liquid syntax
You can use liquid syntax to boost your email deliverability and personalization at scale.
Tip #2: Describe clear pain points
Remind your leads about their pain points by clearly describing them. This will make them more prone to listen to what you have to say to fix them and book a meeting with you.
Tip #3: Mention a colleague
You can go on LinkedIn and try to find a colleague from the same team, department, or company (if it’s small). Charles’ team got 5-10 x more replies with emails that mention leads’ colleagues!
Tip #4: Use only 1 CTA
Give leads only one option as the next step so they are sure what to do to get the value and avoid any friction.
Tip #5: Use more spacing
Adding more spacing between email paragraphs makes your message more scalable and value more visible.
{% assign ampm = "now" | date: "%P" %}{% if ampm contains "am" %}Good morning{% else %}Good afternoon{% endif %} {{firstName}},
Noticed [Company] uses [Competitor] and [Competitor]. Using these, our clients were losing hours trying to get info out of their system for reporting.
Imagine if you could access and translate your essential business data in near real-time.
[Past client name], CIO at [Other company] went from 4 hours to around 3-4 seconds to gather information from JDE (his words, not ours).
[Name], are you or your colleague [FirstName LastName] open to see if we can do the same for you
Here are Charles's cold email tips for stealing clients from competitors:
-> Personalize with competitor tool names to show thorough research
-> Pose a "what if" scenario to highlight your solution to their pain points
-> Boost credibility by name-dropping similar clients and their success stories
-> Use a single, concise, interest-based CTA to build rapport and encourage replies
You can watch Charles' complete cold email teardown here!
PS: Want more tips? Request outbound experts to review your cold emails here!
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 |