Ask HN: Have you tried cold calling prospects before building a product?
I would like to know if anyone has actually tried cold calling potential customers before building a product?
If you have what is a good number of prospects to call before making a decision?
I just came out of a 100-calls session selling an existing product (that is not tech related by the way). Zero sales later, it was quite a challenge.
7 comments
[ 3.1 ms ] story [ 26.6 ms ] threadOccasionally, you get something a request which is completely off base for what your business is. Don't ignore these, as they can possibly be a more important direction for your business.
I think there are probably much better ways to find your potential customers. Find our where they go (in real life or online) and go be a sponge. Listen to their problems, add value where you can, and then when the time is right talk about what you are thinking about building and get feedback. (like during the networking portion of a meeting)
My approach has been to explain what we've got at the moment, what we're building and what we're capable of. The conversation is less about making a sale and more about getting an expression of interest. When we release this will you buy it? Why or why not?
Feedback has been invaluable so far and looking forward to following up with all of these warm prospects at the end of October. :)
That said, cold calling is really tough work so I don't hold it against anyone for not wanting to do it. I've done it. It's difficult unpleasant work.
I cold called around ten small recruitment agencies who I would expect to be our target audience and explained how the system would work to them. Of the ten, only one thought it was an excellent idea, whilst most of the others told me that the features we were planning to leave out of our app would be needed if the app were to be of any use.
With this advice ringing in our ears we dropped the idea and continued on to other projects. The good thing about the cold calls was that we got valuable feedback on the app without writing a single line of code. This saved us a few months of coding to get to the same conclusion.