The Anatomy of a Cold Email That Actually Gets Replies
I've sent over 50,000 cold emails. Most of them were terrible. Through systematic testing—changing one variable at a time and tracking results—I learned what actually moves the needle. Most of what you read about cold email is wrong.
Subject Lines: The Gatekeepers
Your subject line has one job: get the email opened. That's it. It doesn't need to be clever or describe your offering. It needs to not look like spam and create enough curiosity to warrant a click.
The highest-performing subject lines I've tested are embarrassingly simple. "Quick question" works. So does "Thoughts on [their company name]?" Anything that looks like a human wrote it to another human beats anything that looks like marketing.
Subject lines over 60 characters get cut off on mobile. Keep them short. Subject lines with the recipient's name can work but feel increasingly gimmicky. Subject lines in all lowercase perform slightly better than proper capitalization—they look more like personal emails.
The First Line Matters More Than You Think
Email clients show a preview of the first line. If your email opens with "I hope this email finds you well" or "My name is X and I work at Y," you've already lost. These openers scream "mass email" and trigger an immediate delete.
Instead, open with something specific to the recipient. Not fake personalization like "I saw you went to Ohio State"—that's creepy. Real relevance: "Noticed your team just launched the new checkout flow" or "Your post about hiring challenges resonated."
If you can't find something genuinely relevant, open with a provocative statement or question related to their business. "Most companies your size are leaving 20-30% of their pipeline on the table" works because it implies you understand their situation.
The Body: Less Is More
Long emails don't get read. Every word you add reduces the probability of a reply. Aim for under 100 words total. If you can't explain your value in 100 words, you don't understand it well enough.
Saw [Company] just raised Series B—congrats. Curious how you're handling outbound now that you're scaling the sales team.
We help B2B companies book 40-50 qualified meetings per month through cold outreach. Works especially well for teams in growth mode who don't have time to build the infrastructure themselves.
Worth a 15-min call to see if there's a fit?
[Your name]
Notice what this email doesn't do: it doesn't list features, include testimonials, attach case studies, or ask for 30 minutes. Every one of those things has been tested. They all reduce reply rates.
The Ask
Your call-to-action needs to be low friction. "Let me know if you'd like to chat" is weak—it puts the burden on them to figure out what to do. "Are you free Tuesday at 2pm?" is too aggressive for a cold email.
The middle ground: "Worth a quick call to see if there's fit?" This gives them a clear action, implies the call will be short, and the word "fit" suggests you're qualifying them too—not just anyone with a pulse.
Follow-Up Sequence
Most replies come from follow-ups, not the first email. A sequence of 4-5 emails over 2-3 weeks performs better than a single email. Each follow-up should add new information or approach the problem from a different angle—don't just bump the thread.
Follow-up timing matters. Wait at least 3 days between emails. Sending daily looks desperate. The best-performing sequence I've used: Day 1, Day 4, Day 8, Day 14, Day 21.
The Numbers Game
Even with perfect execution, cold email is a volume game. A 3-5% reply rate is good. A 5-10% reply rate is excellent. You need to send hundreds of emails to generate meaningful pipeline.
This isn't about spamming everyone you can find. Quality of targeting matters enormously. One hundred emails to perfectly-targeted prospects will outperform one thousand emails to a scraped list. But volume is still necessary. If you're sending twenty emails a week, you're not doing cold outreach—you're doing warm introduction requests with extra steps.
Build the infrastructure to send volume without sacrificing quality. That's the whole game.