Some DNC software defaults numbers to the DNC. Many new numbers, cell phones ,and small businesses end up on the DNC for this reason.

When I asked one IT guy why my cell phone was blocked by the firm's DNC system he told me someone must have put the number on the DNC. He wouldn't accept that that wasn't the case. The number isn't on the DNC and never has been, yet, it's blocked.

[quote=BondGuy]

Some DNC software defaults numbers to the DNC. Many new numbers, cell phones ,and small businesses end up on the DNC for this reason.

When I asked one IT guy why my cell phone was blocked by the firm's DNC system he told me someone must have put the number on the DNC. He wouldn't accept that that wasn't the case. The number isn't on the DNC and never has been, yet, it's blocked.

[quote=joedabrkr] [quote=BondGuy]

Some DNC software defaults numbers to the DNC. Many new numbers, cell phones ,and small businesses end up on the DNC for this reason.

When I asked one IT guy why my cell phone was blocked by the firm's DNC system he told me someone must have put the number on the DNC. He wouldn't accept that that wasn't the case. The number isn't on the DNC and never has been, yet, it's blocked.

[/quote]

Just bothered that I can't call myself at dinner time and pitch myself a good TF bond.

Are you sad because you aren't getting any cold calls on your celphone?
[/quote]

[quote=BondGuy][quote=joedabrkr] [quote=BondGuy]

Some DNC software defaults numbers to the DNC. Many new numbers, cell phones ,and small businesses end up on the DNC for this reason.

When I asked one IT guy why my cell phone was blocked by the firm's DNC system he told me someone must have put the number on the DNC. He wouldn't accept that that wasn't the case. The number isn't on the DNC and never has been, yet, it's blocked.

[/quote]

Just bothered that I can't call myself at dinner time and pitch myself a good TF bond.

Are you sad because you aren't getting any cold calls on your celphone?
[/quote]

[quote=DMAN]Great Thread. I started cold calling today. At my firm we have an 800 number that we use to place cold calls through. I am calling business owners from a local business directory. I've noticed that a significant amount are on the DNC or asked our firm to place them on their do not call list internally. When I dial the number I hear a recorded message saying "this number is on the do not call registry" and it blocks the dial from going through. I am a bit confused with the rules for the DNC lists to business numbers. It seems like some of you call businesses without regard for the DNC lists. I am not trying to say that anyone is doing it the right or wrong way, I am just looking for some clarification. Is there a way around the DNC lists for businesses? Do the DNC rules change if you are soliciting the business versus the business owner for their personal investment needs? I am also not trying to complain about this, there are still many business numbers not on the DNC. There is still plenty of opportunity. I just don't want to blocked from calling numbers if I don't have to be.[/quote]

If you're using Gryphon, it blocks businesses.  Just write DNC next to their name on your list and go back and call without the 800 number.

I received some clarification from my compliance coordinator today. I don't have to use the 800 scrubbing number to call businesses. I dialed the numbers directly today and no one told me there number was on DNC so I think there are errors with the system.

Based on the advice I received on this forum I am using Bill Good's approach to cold calling. I am using a local business directory. The best results I am getting from this list would be what Bill Good would call an "info lead", a prospect who is interested in offer but not ready to buy now. I have been calling with a new issue prefered yielding 6.25%. I usually ask how that yield sounds to them. I often get a good response from this question. I then go on to ask the question, Why don't we open an account and purchase some shares. I usually then get "Whats your minimum". I explain the minimum and then usually get two types of responses:

1. "I have everything tied up in my business, I dont have that kind of money right now"

2. "I have all my money tied up in real estate" 

I usually try different angles like "Will you have funds available in the future" "Any 401ks, IRA that you aren't happy with". My last effort is I offer to send market newsletters monthly to keep in contact with them and tell them that I will keep them in mind when new offers arise.

What have you guys used to get around response 1&2?

What type of requirements do the prospects have to meet to be put on a drip list?

Should I be concerned with not getting many "cherries", prospects who are ready to buy now versus "info leads", prospects who are interested but not willing to buy now?

If you're looking for comebacks, check out this site. (Note: there may be other sites, better and free, so Google it to be sure. I haven't used this site, so I can't vouch for them. So, caveat emptor!)

http://www.bornfreemarketing.com/?hop=firestone