Does cold-calling qualified leads--High Net Worth individuals--work in Private Banking?
Hi Folks,
Conducting some research on cold-calling/outreach and would sincerely welcome your feedback.
Simple question: Does cold-calling work in Private Banking, specifically calling on individuals with $20+ million in liquid net worth that you have QUALIFIED and KNOW they have this level liquidity?
How many of you have actually been successful using cold outreach as one of your primary sources of new business? Some say they live by it while others say it does not work.
If you've had any success, what would you estimate your conversion rate to be?
How long is the sales cycle?
Would appreciate your feedback on this.
Hi jeanmazpo, just trying to help:
More suggestions...
I hope those threads give you a bit more insight.
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