cold email state of the union: how to send 2M emails a month to generate 1500 leads
In the Pit with Cody Schneider | Marketing | Growth | Startups - A podcast by Cody Schneider

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In this episode, Nick Abraham, founder of cold email agency Leadbird, joins the show for a deep dive into what’s working right now in the fast-changing world of email marketing. With over 400 clients and millions of emails sent monthly, Nick shares tactical insights from the frontlines — from deliverability strategies to AI usage and cold calling.The conversation covers the recent Apollo crackdown, the shift in data sourcing, and how agencies can safeguard infrastructure to avoid total shutdowns. Nick also unpacks the importance of validating your offer, tips for scaling cold outreach, and the resurrection of cold calling as a powerful channel when paired with smart automation.Timestamps 00:00 – Why cold email is still a top channel 00:39 – State of cold email: "bloody ocean" tactics 02:12 – Apollo’s recent changes & implications 05:00 – Data sourcing alternatives (ListKit, Sales Nav scraping) 07:12 – Clay’s rise & how to enrich leads 10:25 – EDU/Microsoft panel loopholes and risks 14:00 – The right infra mix: Google, Microsoft, SMTP 18:00 – Cost breakdown for 10K cold emails 20:00 – Who cold email works for — and who it doesn’t 23:35 – Cold email templates that work today 28:01 – Cold calling revival & voicemail strategy 33:00 – Smart personalization that stands out 37:00 – Overuse of AI: when it backfires 41:50 – Volume vs optimization: when to scale 47:00 – Warm-up pools, deliverability myths & final thoughtsKey PointsApollo Crackdown: Apollo recently slashed its free plan from 10,000 to 100 leads/month, killing off common scraping strategies. Agencies must now diversify data sources.Email Infrastructure Strategy: Nick recommends splitting accounts evenly across Google, Microsoft, and SMTP providers (like MailReef), using separate tenants for each domain to reduce risk.Top Tools Mentioned: Smartlead, Instantly, LeadMagic, Salesfinity (for cold calling), Clay, HyperType, ListKit.Cold Email Templates That Work: Short emails with a bold subject line, a clearly stated pain point, social proof, and a clear CTA. Two-step sequences are outperforming long follow-ups.AI in Cold Email: Use AI for variable enrichment (like local restaurants or recent promotions) — but not for full email writing. Over-automation feels robotic and gets ignored.Cold Calling Rebirth: Combining parallel dialers, voicemails, and email follow-ups creates a high-performing outbound flywheel. Nick’s simple pitch script: “Can I get 30 seconds, or tell me to kick rocks?”Warm-Up Pools Controversy: Instantly and Smartlead warm-up pools have downsides. Use them carefully and always monitor bounce rates.Who Should Use Cold Email?✔ SaaS, agencies, and service businesses with high LTVs ($5K+) ✔ Founders with a unique, compelling offer ✔ Companies with a working sales process & CRM follow-up ✘ Commodity offers (e.g., generic e-comm marketing) with no clear differentiationNotable Quotes"Don’t build a pricing model on a hack. It’s a matter of time until it breaks." "Most people overthink deliverability — bad offers are the real issue." "You can get 0.8% replies or 0% if your inbox gets shut down — choose wisely."Guest Links:https://www.leadbird.io/https://www.linkedin.com/in/nick-abrahamhttps://x.com/NickAbraham12