10 Important Benefits of Telemarketing

Will you believe us when we say that 80% of customers say receiving individual attention from sales reps boosts brand loyalty?

Here’s another big bomb: telemarketing enables personalized communication. And  it has a 5-20% response rate than other marketing methods!

These are just some of the plethora of benefits of using telemarketing alongside your business. There are numerous ways that telemarketing can power your business operations. Let’s take a look at them below!

10 Fantastic Benefits of Using Telemarketing

Telemarketing has many advantages that can help bring your business to success. It is specifically in the areas of sales and marketing. Here are some of the reasons to love telemarketing even more:

1. Telemarketing Works as Lead Generator

One of the benefits of telemarketing is it simply works for businesses, regardless of the size. Up to this day, its positive effect on organizations using it is prevalent. It creates a wide range of options for your target market. It is an effective method of acquiring new customers and keeping them updated.

Telemarketing is flexible as it allows you to change the processes based on the needs of your business. You can use it for instant lead generation, promote and sell products and services, get feedback, and much more. It is collaborative as you can integrate it with your sales team for a better result.

You can see your brand develop as telemarketing will be a way to build marketing strategies and initiatives. It helps create opportunities, allowing you to be ahead of your competitors. It can help you better understand what makes your company unique from others and strengthen the brand as a whole.

2. Reduces Operational Costs

Telemarketing is a cost-effective method for a business to generate leads, promote and sell products or services, update the customers, do market research and survey, and many other essential business processes. It is comparatively cheaper than other marketing methods, especially when outsourced.

It costs less as you don’t need to occasionally provide different materials. All you need are your dedicated telemarketers, the equipment they can use for the call, a good internet connection, and simple tools for various marketing campaigns. 

Another thing you can save aside from the cost is time. You can offer and sell to a lot of people in less time. 

3. Boosts Your Sales

Telemarketing indeed sells. Through this and the techniques to boost sales efficiency, you can sell any products or services that you have in a hassle-free technique. One of the most effective benefits of telemarketing is it helps you gain immediate results, such as instant sales.

During telemarketing calls, your telemarketers or virtual assistants for sales can immediately close a deal. It will still depend on the customer but more on the sales agent’s ability. They need to explain the details well and convince the customers why they should purchase. They should also be able to answer the questions of prospects. That is why proper training, strong knowledge, and understanding of what you are offering are vital. Telemarketing can greatly boost your sales as long as you are doing it right and using the right type of telemarketing. 

4. Provides More Interactive Sales Service

Through telemarketing, you can create an immediate rapport with your prospect, especially since you are using actual humans here to connect with customers. It becomes interactive because customers are more at ease speaking with a human, as their questions can be answered directly.

Based on AI stat news, 86% of consumers prefer humans to chatbots. Sales calls are rarely ignored based on observation as it is directed toward the potential customer. 

Telemarketers can build strong customer relationships. They can get an idea of the prospect’s personality and understand the potential clients better by speaking with them. Through this, they can now identify how they can make the purchase. 

The ability of telemarketing to be available 24/7 is also a plus. You can be of service round-the-clock as there are individual prospects who do decision-making or their decision just instantly pops out during wee hours, weekends, or holidays. 

5. Can Expand Your Business Reach 

Another great benefit of telemarketing is you can easily expand your business. It allows you to contact and reach customers at a distance. Selling from a distance, quite away from your business location, can increase your sales territory and reach more prospects. Getting more potential business opportunities is a significant advantage for your company. 

The expansion of the reach of your business through telemarketing is not only for new customers but also for existing customers. You can sell to both existing and new clients wherever they are. You can follow up and keep them updated with the latest offers and services. This way, you can make them stay interested as telemarketing is more convenient for customers. You are bringing your products and services directly to them, allowing them to get instant answers to their questions and inquiries.

6. Immediate Feedback on Products and Services

Telemarketing allows you to measure your customers’ interest in your products/services. It is also an effective way to collect quality customer feedback and discover more about a client’s experience with your brand. Aside from these, asking for comments and suggestions can build a strong relationship with them, making them feel that you care enough to call.

But more than getting feedback about what you are offering, one of the benefits of telemarketing is you can start working on improving your products and services based on this feedback. Direct contact with the customers gives you an instant response from them. These insights provide market intelligence and can put you ahead of the competition. 

7. Creates Effective Databases

Telemarketing allows you to keep an up-to-date database. You need to determine the demographic of your customers and always ask relevant questions. An example of this is their location to add information to your database. This also gives you an idea of the common issue of your customers. It will allow you to identify patterns that can reduce your operational costs and boost your sales.

8. Helps You Connect with Decision-Makers 

Contacting potential clients, especially businesses, can sometimes take a lot of time as there are instances when the boss is busy or is not around. Telemarketing can help you speed up the process by going straight to the top. All you need to do is to have the right person to contact. With this, you can save both time and effort and might even close a sale when you convince the decision-maker on why your products or services are beneficial to them.

9. Leads to Face to Face Meeting

Remember that if there are customers who prefer to have the conversation through a phone call, some also want face to face meetings. Telemarketing can help you with your appointment setting. This type of setup is ideal as you can:

• do product/service demos
• explain technical issues clearly
• identify how you can have an invaluable human connection with your client
• understand client personality, and
• immediately answer all their questions.

Rather than waiting for potential clients, be proactive, and try to set up a meeting with them if possible.

10. Keeps Track of Your Results

The results of telemarketing are highly measurable. You can provide a detailed report of your campaign by analyzing every point of the process. You can determine which methods are efficient and which are not. It includes the style of communication, the script, the strategic plan, the telemarketers, and many more. 

Also, keeping track of your sales is essential. You can use this to know when and where your products or services are in demand. You can note which region, job title, age group, sector, gender, and other things and improve your business strategies based on the data you will get. 

Telemarketing, like any other thing, has its downside. It has created quite a bad reputation and is even considered a nuisance by many people. Considering this, you still cannot deny that the benefits of telemarketing outweigh its disadvantages. You need to plan and execute it properly and strategically.

Many companies outsource sales, as hiring or outsourcing professional telemarketers will help you maximize the benefits of telemarketing. It is recommendable for your campaign to be successful. Keep in mind as well that persistence is the key to success in telemarketing.

Unlock the Power of Telemarketing with Magellan Solutions!

Ready to supercharge your business growth? Contact Magellan Solutions today and discover how our world-class telemarketing services can revolutionize your sales and lead generation efforts!

Don’t miss out on the incredible benefits of telemarketing – seize this opportunity.  Fill out our form below today and get a move on with your biz ops!