AI / Data Analytics

An AI startup

An AI startup needed discovery calls with leaders in its target market. We ran cold email and LinkedIn DMs side by side. Email booked nothing. LinkedIn booked 22 calls.

AI startup: cold email vs. LinkedIn DMs, head to head. 0 calls vs. 22.

22

discovery calls booked from LinkedIn DMs

0

calls booked from cold email to the same audience

20%

reply rate on LinkedIn DMs, versus 5.7% on email (all automations or no-thank-yous)

The challenge

An AI startup had a strong product and no relationships with the people who buy it. The goal was simple and hard: get discovery calls on the calendar with senior leaders in a specific target market, people whose inboxes are already full of pitches.

The team wanted a real answer, not an opinion, on which outbound channel earns conversations with that audience. So we ran two channels against the same ideal customer profile at the same time and let the numbers decide.

The approach

Channel one: cold email

We enrolled 390 target contacts in a multi-step email sequence with a clear offer and a single ask. After bounces, 335 emails were delivered. To keep the numbers honest, we filtered bot opens out of the open rate before reading anything into it.

Channel two: LinkedIn DMs

From a company leader's profile, we sent 800 targeted connection requests to the same ideal customer profile. Everyone who accepted got a hyper-personalized, manually written DM, not a template. That is the whole method: earn the connection first, then have a human conversation.

Same audience, same window, same offer

Both channels pitched the same discovery call to the same kind of buyer over the same period, so the comparison is about the channel, not the message.

The results

Cold email

  • 390 contacts enrolled, 335 emails delivered.
  • 63.6% open rate with bots removed. People saw it.
  • 3.3% click rate.
  • 5.7% reply rate, and every reply was an auto-responder or a no.
  • 12.5% opt-out rate. One in eight recipients asked never to hear from the company again.
  • Discovery calls booked: zero.

LinkedIn DMs

  • 800 connection requests sent.
  • 139 prospects accepted and received a personal DM.
  • 28 responses, a 20% reply rate on DMs, and real conversations rather than autoreplies.
  • 22 discovery calls booked. Nearly 4 out of 5 people who replied took a meeting.

Why the gap is so large

  • Email arrives uninvited. A connection request is a small ask that earns permission before the pitch.
  • A DM comes from a real profile with a face, a title, and a history. An email comes from a domain.
  • Cold email burned the list: 12.5% of those leaders opted out, and they are gone for good. LinkedIn added 139 new connections the company still has.
Same audience, same offer, same month. Email got opened and then ignored. LinkedIn got 22 leaders on the calendar.

The takeaway

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