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Looked up how much B2B companies spend on cold emailing and my jaw dropped

I was sitting around last night doing some research for my own little biz and stumbled on a report from Gartner. It said companies are dropping like $50 to $100 per lead on cold email campaigns alone. I thought that was nuts because I've been sending emails myself for free basically. Then I realized most of that cost is software subscriptions, list buying, and testing. I spent maybe $40 a month on my tool and thought I was being extra. Now I'm wondering if I'm just leaving money on the table by not investing more. Has anyone else here seen real returns after scaling up their email spend?
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3 Comments
jamesf29
jamesf291mo ago
Jump into spending more and see what happens. David and Pat both proved the math works when you actually track the full picture. A little investment goes a long way if you're smart about it.
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pat781
pat7811mo ago
Spent years doing the same thing you're doing, manual emails for pennies, and felt like I was being smart about it. Finally broke down and paid for a real tool plus some decent lists and it was like night and day difference. The first month I put in $200 on software and list rentals and pulled back almost $3,000 in new deals. Still makes me mad thinking about all those cheap months I wasted when I could have been spending more to make more. The cost per lead math makes way more sense when you actually track the full picture instead of just looking at your own bill. You're probably right that scaling up the spend is worth it, just takes some stomach to pull the trigger.
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davidkim
davidkim1mo ago
man that hits close to home. the part about being mad at yourself for all those months wasted really got me. i had the exact same realization last year when i finally bit the bullet on a proper crm and some targeted lists. i was so stubborn about keeping costs low that i completely ignored what i was actually losing by being cheap. the numbers dont lie once you actually see them side by side. theres something about watching that first big return come in that just flips a switch in your brain and makes you wonder what took you so long.
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