Outbound Rates - NEED HELP :)

Hi there, I am leading an outbound team of BDRs and I would like to have benchmarking of their Leading metrics.

Context: SaaS Company, ICP HR Leaders, our product is Company Benefits software, our channels: Mail, Linkedin and calls.

I Would like to know what are healthy metrics for:

  • Open Rate - mail
  • Reply Rate - mail
  • Connected calls rate - (Connected call / Total calls)
  • Positive calls rate - (Positive calls / Connected calls)

*Positive is considered as Demo Scheduled or Pending Demo.

Thank you so much.

๐Ÿ“ž Cold Calling
๐Ÿ“Š Metrics
๐Ÿพ Outbound
9
Kosta_Konfucius
Politicker
5
Sales Rep
Really depends on the volume of outreach, if you are spraying and praying vs super tailored.

I try to have open rates be at 25%, response 10% of the opens, and connects at 15% if you include cells.

These aren't numbers I help to, just typical numbers I am seeing in my process
Carlosg
Politicker
1
SDR
We try a mix between spray and Taylor. Our main personalization rate is 30-40% of mails, and 100% in call pitch.

Thanks so much!
Maximas
Tycoon
1
Senior Sales Executive
๐Ÿ‘†๐Ÿ’ฏ
poweredbycaffeine
WR Lieutenant
5
โ˜•๏ธ
30
10
15
10
CuriousFox
WR Officer
3
๐ŸฆŠ
๐Ÿ”ฅ
oldcloser
Arsonist
2
๐Ÿ’€
โ˜๏ธ
Justatitle
Big Shot
4
Account Executive
Open rate above 40% is usually good
Reply rate above 10% is solid
Call connects in the 4-5% range
Positive call connect in the 1-2% range is incredible.
Diablo
Politicker
2
Sr. AE
I see around the same - 25-30% open, ~10% open, ~10% connects via phone
SoccerandSales
Big Shot
2
Account Executive
Probably varies by vertical, but open rate of 25, reply rate 5-10, connected calls 10, positive calls 15-25 (depending on quality of caller). Biggest and most important variable being positive calls because it is easiest to change
CPTAmerica
Opinionated
1
President/CRO
The only one I would really focus on is the last one. Strive to get 20% positive call rate.
Carlosg
Politicker
0
SDR
Wow! Thats ambicious. Any tip to achieve it? I think our main stopper is the connected rate.
Thanks
CPTAmerica
Opinionated
0
President/CRO
for this I'm suggesting 20% of connected calls not all call. So for every 5 calls where a rep gets someone on the phone I want 1 positive outcome.
Revenue_Rambo
Politicker
1
Director, Revenue Enablement
I also look to tie back to opp creation. Open rate could be 80% but means nothing if it never generates pipeline. No pipe = No $$

Simple metric I used to run was calls and emails/MQL and then calls and emails/SQL.

Used my top performers to set the bar for both. By analyzing conversion rates I could find who was most efficient, dig into their approach verbiage etc, and then coach up under performers based on best practices.
Carlosg
Politicker
1
SDR
Mmm... interesting point. You mean Opties/(calls+mails) as a "conversion rate" metric?
It can be interesting as the way to see the number of activities to achieve the goal.
Can you tell me a bit more about this metric you are using?
Revenue_Rambo
Politicker
1
Director, Revenue Enablement
Yes. Basically report helps me identify areas of quality inspection.
BDR #1 may have the lowest number of touches, but are yielding highest conversion rate. Based on that I would look into their outbound content to see what their doing that could be beneficial to others.
BDR #2 & #3 have high outbound touches and MQOs but fall off significantly at the next stage. Raises a flag that they may be missing some basic opp qualifiers.
BDR #5 has average outbound volume. Low MQO, but by far highest % of opps that are moving forward in pipeline. Would talk with that rep to understand their process for qualifying opps into initial stage.
AnchorPoint
Politicker
0
Business Coach
I really try and discourage "industry" KPIs... rather focus on your top performers and refine from there. There are so many variables at play.
Marth
Opinionated
0
si vis pacem para bellum
Red flag if youโ€™re still tracking open rate
Carlosg
Politicker
0
SDR
Which metric do you think it is more relevant?
Marth
Opinionated
0
si vis pacem para bellum
Bounce rate
Carlosg
Politicker
0
SDR
We are measuring open rate of deliveries, with out bounced ones. So I think it is a more complete metric, donยดt you think so?
Marth
Opinionated
0
si vis pacem para bellum
@Carlososg tracking open rates by nature hurts your deliverability. Itโ€™s a useless metric. Iโ€™d focus on replies positive to negative sentiment ratio
Carlosg
Politicker
0
SDR
Mmm thats a nice point! Thank you so much.The problem we have is that our current Sales Software (SalesLoft) does not have this sentiment for mails reply`s.
Marth
Opinionated
1
si vis pacem para bellum
You should be using Apollo + Clay + Smartlead
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