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Andrew and Sean have a bet to see who can write the best cold email copy for MetaMonster, and early results are in. Sean has a name and domain for his new product - Margins and is letting the Miscreants team handle the branding. Links:Andrew’s Twitter: @AndrewAskinsAndrew's website: https://www.andrewaskins.com/MetaMonster: https://metamonster.ai/Sean’s Twitter: @seanqsunMiscreants: http://miscreants.com/Margins: http://margins.so/Sean's website: https://seanqsun.com/For more information about the podcast, check out https://www.smalleffortspod.com/.Transcript:00:01.15SeanWhat up, what up, what up?00:02.64AndrewI got some stats for you.00:04.12SeanYeah, tell me. Hit me. but yeah We should probably give some context first.00:08.26AndrewAll right. So Thursday night, Wednesday night, Thursday night, Friday night, some night, there was a night last week when, I lured Sean into giving me a bunch of free consulting advice, in under the pretense of let's cowork and like work on things side by side.00:11.90SeanI don't know. I can't remember. One of the nights. Uh-huh.00:26.76AndrewAnd instead I just like for three hours was like, what do you think about this cold email idea? What do you think about this cold email idea?00:34.37SeanWe co-worked. We co-worked on your cold emails. You didn't lie to me.00:41.45AndrewFair, fair. I'll take it. I'll take it. So got some cold emails spun up. I knew this was something I wanted to do again now that the product was live. And it's early, early days, but i have, I've sent 200 emails.00:57.98AndrewAnd so I have some early results and01:00.84SeanDo we want to tell everyone what the five different emails were?01:05.39AndrewYeah, I narrowed it down to four after day one. I just canceled. There were two that were almost identical. And so I just killed one of them.01:12.61SeanOkay.01:13.75AndrewProbably shouldn't have, but like I'm incredibly impatient and no, no, it wasn't one of the ones that affects your bets.01:16.85SeanDoes it affect my bets? Oh, good, good, good. Sweet. That's what matters.01:22.88AndrewOkay.01:23.01SeanOkay, go.01:24.34AndrewYeah, yeah, yeah. So we've got four cold email templates. going these are meta monster cold email templates if that isn't blatantly obvious first one is just like classic sales email the uh the subject line is ai powered screaming frog and then it's just like hey i built this thing do you want to demo it i want to sell it to you classic sales uh sales pitch second one01:45.84SeanYep. Yep.01:52.92Andrewis almost the exact same, only instead of presenting it as a sales pitch, presenting it as, hey, I'm looking for feedback, which is true. i At this stage, I just want feedback and information, especially on our pricing, which I want to talk about later. Third one is one of your ideas that you pitched me, which is kind of like Try to write... i think your your pitch was try to write your cold email like you're writing a newsletter.02:25.14AndrewSo try to write it so that you're teaching the recipient something and then just also happen to be have to have this product that is connected to the thing you're teaching that you want but to try to sell.02:39.34AndrewAnd then the the fourth one was more of like a... Classic kind of growth hacky play, which is, hey, I want to interview you for our blog.02:55.21AndrewAnd so you and I placed a bet on this. Your bet, what did you bet?02:57.76SeanYep.02:59.95SeanSo I bet that the AI powered Screaming Frog, the first one, the traditional sales email would have the most opens because not because I believe in those, but because specifically AI powered Screaming Frog alternative is just a great subject header.03:04.78AndrewYep.03:07.11AndrewYep.03:09.83AndrewYeah.03:16.15Seanand then i also bet that the one that would bring you the most value quote unquote whatever that however we want to define that and is the newsletter one value isn't like you know someone actually demos most qualified leads basically you bet uh that the interview one would have the most opens and replies but the most valuable responses would come from the feedback yeah the feedback letter and whoever wins the other person to buy that the other person the up03:23.39AndrewYes. Yeah.03:37.69AndrewYes.03:44.46SeanThe loser has to buy the winner on Chick-fil-A.03:46.44AndrewYep.03:47.24SeanSo the stakes are high.03:47.32AndrewAll right. are you03:48.38SeanIt depends.03:48.87Andrewwhen are When are we cutting off the results, by the way? What's...03:51.67SeanWhat are the results that?03:54.65AndrewSo, currently, in fourth place in open rates, and tied for lowest response rate, I think.04:03.73Andrewoh i There's an asterisk on response rates that I'll explain later.04:06.58SeanOK.04:09.17AndrewNewsletter.04:10.39SeanOh, damn.04:11.29AndrewBut all of these have gotten crazy good open rates for cold email.04:16.19SeanOK.04:16.80AndrewThat is the lowest open rate at a 42% open rate so far.04:20.22SeanWhat's the highest?04:21.26AndrewHighest...