I just wanted to get other people's opinion on cold calling. Does anyone else feel that it is a viable tool for building one's customer base? My wife and I keep getting notes and copies of articles from our broker (as does everyone else in our office) about cold-calling.
Both my wife and I have not had great success with cold-calling in the past; my wife used in back in the 70's and found that the ROI (conversion to customers) was less then 1/2 of 1%. My experince with cold-calling during the late 80's, when I was selling mortgages, was getting less then 1/10 of 1% converted to customers.
Have things improved that much that many are touting cold-calling as a viable marketing tool. Personally, I find that cold-calling is something that you'd use to fill your time if you have ABSOLUTELY nothing else you could be doing.
Are we missing something?