Showing posts with label referrals are 80 percent more effective than cold calls. Show all posts
Showing posts with label referrals are 80 percent more effective than cold calls. Show all posts

Monday, October 11, 2010

80 Times More Effective Than Cold Calls? Yep!

What's 80 times more effective than cold calls?

A study by Selling Power Magazine states that...

1% of all cold calls turn into sales
15% of all leads turn into sales
55% of all referrals turn into sales
80% of all introductions turn into sales