Have tested pluck heavily over the past few weeks with our digital marketing agency. Initial focus has been on consumer brands in tight verticals and results have been impressive. Looking forward to using it much more!
@manikarthik we tended to focus around two major pieces:
1. event activations/sponsorships and driving a digital engagement with people with a peaked interest in an area that the brand was sponsoring. Driving these people to a landing page, presenting added value and gathering data. This was a pretty effective way of taking an offline event sponsorship and creating some value online as part of a broader ROI strategy.
2. Retailing or giving away ebooks. Again finding people communicating an interest in a field and driving prospects to a landing page either to sell a product (for one client) or give away a product with the intent purpose of building the brand's consumer database (for another).
I'd encourage you to go and try things, naturally I didn't look at it and think you could sell a major FMCG brand but when you play with it you can find tactical instances that work well. Interested to understand how you go!
Hey all!
Maker here. I'm going to be hanging out for an hour or so, grabbing a little sleep, then I'll be back on around 7am PT to continue to answer any questions.
In the meantime, let's get the obligatory "What is this and why did you build it?" out of the way.
Pluck is our solution to needing to do cold outreach but thoroughly hating traditional means of doing it.
I get a lot of these emails:
> Hey Ryan, congrats on the current round of funding! As CEO, are you looking to grow your sales organization? [etc etc]
Two problems with that email: First, we didn't just raise money. We raised money almost 2 years ago. Second, we only raised $278k through an AngelList syndicate back then -- hardly enough cash to go building out a sales force.
I get these emails almost every day because somewhere inside BuiltWith, Data.com, Mattermark, Salesloft, etc... I'm listed as having the following attributes:
- Industry: SaaS
- Title: C-level
- Raised money: Yes
While these emails aren't exactly "spam" -- like the emails asking if I want to buy mining equipment or Viagra -- they're also not very well targeted. They're sort of in the ballpark, but the external optics of the attributes used for targeting rarely map to actual current needs inside an organization.
So that's problem #1 with the traditional methods of doing cold emails: Lack of targeting.
I also get a lot of these emails:
> Hey Ryan, following up on my last email [etc etc]
Either they sent no previous email and are trying to play some psychological game (tsk tsk people who do this) or they are actually following up for the 3rd, 4th, sometimes 5th time. Sometimes, these emails don't even have unsubscribe links.
So that's the 2nd problem with traditional methods of doing cold emails: Giving people email lists encourages them to be bad citizens.
So after struggling with ways to grow our other products, we had the idea for Pluck. We put together a hack, tweaked it over the last 3 months, and starting delivering emails like this:
> Hey there, saw your your tweet about [topic] and wanted to reach out...
This technique yielded some staggering results:
- 3,000 emails sent
- Over 70% open rates
- Over 15% click through rates
- Under 0.5% unsubscribe rates
So after a few months of testing this out and seeing how powerful it is, we decided to pull the trigger and build Pluck.
There's some "philosophy via product" that we've imparted on Pluck:
1. To ensure high quality, we manually review every account when it's created. This might hamper our ability to scale in the beginning, but we want to make sure only people with legitimate campaigns are using Pluck.
2. You cannot buy email lists from Pluck. We send emails on your behalf, and the only way you ever get to see the email address is if the person replies to the email or if they go to your site and sign up.
3. An individual will only ever receive ONE email from you through Pluck. You don't get to subscribe them to drips. You get one shot to make a good impression.
So that's Pluck. I think this intro comment may be approaching the longest intro comment ever made on PH, so I'll stop here and leave my other ramblings to answer your questions.
I hope you have lots. Talk soon!
@angilly This is cool, thanks for sharing. #3 is your smartest move here, drips are frustrating to me no matter how polite they are. If I had a dollar for every email I received that started with "I'm reaching out because I'm a huge fan of (insert company)"...I'd have many dollars :)
@angilly:
1. Cool concept. There is a good level of intent if someone discusses a topic on twitter. I see the benefit. Love the simplicity of ur solution too. See below though.
2. I am surprised that you compared funding event emails to Viagara emails. If you target companies and decision makers that just got a significant amount of funding that is going to be a way better option than someone who passively mentions something on Twitter. Companies that get over $10M in funding are spending money all over the place. They are dumping money everywhere to make sure they meet their benchmarks. Sales is not just about needs/interest. It is also about timing and budget. There is a reason why it is called BANT.
3. Besides funding events there are tons of other triggers that can find demand. If you target using specific events you should increase your close rate 4x. See below...
New Job Openings: If a 150 person company just adds 40 new sales jobs you know that their big corp initiatives are focus on sales growth. As opposed to product, R&D, finance, etc.
New Decision Makers: New leaders at a company always make changes when they get hired. They have to prove their worth.
New Locations/Hiring Plans: When there is a new facility there is always money spent.
@tomblue yeah 100% in agreement re: the unfair comparison of funding event emails to Viagra emails. I got a bunch of emails right after raising money that said "hey congrats on the seed round! do you need [thing I reasonably needed at the time]" and they were actually helpful.
I was referencing the extreme case where I'm still getting those emails 2 years after the most recent funding event :)
@angilly
Zapier - monitors twitter for keywords
Google Sheets - zapier throws tweets and twitter handles into google sheets.
FullContact is a company with access to twitter firehose, it handles finding their email addresses.
You can make a microapp to do this very quickly.
@datarade Got it. FullContact actually cannot turn a Twitter handle into an email address. I think that's a very common misconception about FC. They have APIs that go the other way (email -> Twitter handle) but that's not very useful here.
You can also look up a person by Twitter handle on FC, but the API response does not include an email address: https://www.fullcontact.com/deve...
@angilly@datarade Yep. To chime in, we'll return name, title, social profiles, company info, and basic demographic info from an email address or Twitter handle, but not the other way around due to privacy concerns.
We've been testing out Pluck to spread the word about Inside VR & AR (vr.inside.com) the past couple of weeks, and are very impressed with it. Great work, team!
@mscccc thanks Mike! We actually do a bunch of stuff to make this work so it's sort of secret-sauce-ish. Perhaps in a couple months I'll do a write up of some of our more clever (but by then possibly outdated) techniques :)
At first I was sort of against this idea, but looking down your FAQ and reading a bit more about it, it actually looks pretty neat and like you care about the people you're emailing, not just the people who want you to email. I particularly like the one email to one person per person sending rule.
I'll see about giving it a spin. Who knows, maybe I'll fall in love with it!
@laef it means a lot to hear that. We expected lots of similar initial reactions, which was why we wrote the FAQ the way we did. Really glad our motivations came across!
@angilly I understand that you don't want to give away how your algorithms work, but is there any chance you could give a general idea? For example, is your first step just to take a Twitter handle and try it against standard email providers? (My Twitter handle of @betterlaef would become betterlaef@gmail.com, betterlaef@yahoo.com, etc.)
I assume you also check email addresses to confirm? What sort of things do you do there? How can you confirm, after you _know_ the email, that the person is indeed who you think they are?
This is incredibly interesting for me as a young programmer. I'd love to learn a bit more about it.
@laef yeah we need to keep this under wraps for a while, but I will tell you that it's a lot of work. It's very computationally intensive. We hit lots of APIs, web pages, etc.... We also have a lot of tuned heuristics -- don't worry, I'm not going to call it AI ;) -- that help to optimize things.
I will also say that we cannot turn any Twitter handle into an email address, but at scale we can get enough to make campaigns interesting.
@angilly Hmmm, neat. Any chance you could try hitting me with one? I'm @betterlaef on Twitter. Some friends who have agreed to a trial are @betteralin and @betterstefan.
I'd love to see how this works (sort of a see it to believe it thing) but I don't have $250 on hand right now (will have to wait a bit for that I'm afraid).
@laef@betterlaef@betteralin@betterstefan It doesn't really work that like. You can't set Pluck loose on a particular account.
I'm glad you're all interested in a trial. We don't offer that right now, but if that ever changes, we'll make sure to come back here and let you know!
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Hi guys @angilly@westonplatter@matthaltom
May I ask about legal terms - Do you need recipient agreement for sending personalized emails ?
My email is not publicly displayed - so where are you exactly looking for emails ?
About pricing - is it 1000 emails send per campaign? Or per 10 campaigns I can have max. 1000 emails ?
Have you considered trial version for a product ?
Thanks for response! Product seems cool. Definetely worth for deeper look! :)
Hi @ivanlucansky! In most countries, sending a cold email is completely legal as long as the email adheres to some common sense best practices. For example, here's what is required in the United States for CAN-SPAM compliance: http://ftc.gov/tips-advice/busin...
As far as where we find emails, that's sort of secret-sauce-ish. We do a *lot* of stuff behind the scenes to find email addresses for people. Pluck isn't perfect. It can't find an email address for every single Twitter handle it comes across, but for many campaigns we've ran, the hit rate is high enough to be extremely valuable.
For pricing, it's 1,000 emails per month across 10 campaigns. Our current testing is making my spidy sense think that we'll have to up the # of campaigns, but we'll probably keep the # of emails low.
We won't do a trial in the near term. If anything, we'll raise the price considerably. We want to make sure that the companies sending emails through Pluck are serious about sending awesome, highly-targeted emails.
Thanks!
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