linkedin's social selling secrets

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LinkedIn’s Social Selling Secrets

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Page 1: LinkedIn's Social Selling Secrets

LinkedIn’s Social Selling Secrets

Page 2: LinkedIn's Social Selling Secrets

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Dominic ArchibaldAcquisition and Customer MarketingLinkedIn Sales Solutionshttps://www.linkedin.com/in/dominicarchibald

Today’s speaker

Page 3: LinkedIn's Social Selling Secrets

• Housekeeping

• The Social selling imperative

• How we teach social selling to LinkedIn sales reps

• Q&A

3

Webinar Agenda

Page 4: LinkedIn's Social Selling Secrets

My friend Dan

A social selling story

Page 5: LinkedIn's Social Selling Secrets

5

A social selling story

Page 6: LinkedIn's Social Selling Secrets

LinkedIn Sales Solutions Mission: Connect the world’s buyers and

sellers to build relationships

Page 7: LinkedIn's Social Selling Secrets

are now involved in the average B2B buying decision

peopleBoss

Peer

Direct report

Business leader

Cross-functional partner

Corporate Executive Board 2013 – Winning The Consensus Purchase

Your target buyer

5.4

Decisions involve more people than ever before

Page 8: LinkedIn's Social Selling Secrets

75%of B2B buyers now usesocial media to be more informed on vendors

IDC 2014 – Social Buying Meets Social Selling

Decision makers rely on social media to choose between potential vendors

Network referrals

White papers

Company websites

Blogposts

Company pages

Your target buyers

Socialrelationships

Page 9: LinkedIn's Social Selling Secrets

Your competitor

Harvard Business Review 2012 – Tweet Me, Friend Me, Make Me Buy. Decision makers are C-level

90%of decision makers say they never respond to cold outreach

Decision makers now ignore cold outreach

You

Your competitor

XX

X

Your target buyers

Page 10: LinkedIn's Social Selling Secrets

%75of B2B buyers now use social media to be more informed on vendors

Relying on the buyer to inform you onkey updates

5.4people are now involved in the average B2B buying decision

Looking for one all-powerful decision maker

%90of decision makers say they never respond to cold outreach

Cold-calling prospects like they’re just a name in a database

I found out a month later the Director of Marketing left my

account and joined another top prospect

of mine

The VP of Marketing went dark and now

I’m back at square one

I keep pounding – email, phone, voicemail

– but can’t get a response

How well has your team adapted to this new normal?Are you still:

“”“

”“

Page 11: LinkedIn's Social Selling Secrets

Focus on the right people and

companies

Stay informed on key updates at

your target accounts

Build trust with your prospects and customers

Building relationships with prospects and customers is different in this new normal. You need to:

Page 12: LinkedIn's Social Selling Secrets

Social sellers perform better on key metrics

51%More likely to hit quota than social selling laggards

Page 13: LinkedIn's Social Selling Secrets

Social sellers perform better on key metrics

51%More likely to hit quota than social selling laggards

45%More opportunities

Page 14: LinkedIn's Social Selling Secrets

Social sellers perform better on key metrics

51%More likely to hit quota than social selling laggards

45%More opportunities

Promoted to VP faster by

17 months

Page 15: LinkedIn's Social Selling Secrets

The Secret Sauce – How we teach LinkedIn reps

Page 16: LinkedIn's Social Selling Secrets

Hunting on LinkedIn

Building an expert brand

Warm outreach

Selling through relationships

The Secret Sauce – How we teach LinkedIn reps

Page 17: LinkedIn's Social Selling Secrets

Professional photo is your first impression

Tagline should be action oriented, not just a title

Summary should describe your passions

Rich media should illustrate your story

Educate potential buyers who visit your profile

Building an Expert Brand

Your LinkedIn profile should inform and inspire

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Great example

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Hunting – Step 1 is to build a lead list

Lead Builder is the key to finding 5+ decision makers

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Let LinkedIn do the hunting for you

Hunting – Step 2 is to engage recommended leads

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Hunting – Step 3 is to find team connections

Take advantage of your entire company’s rolodex

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Hunting – Step 4 is to listen for selling moments

Social triggers create golden selling moments

Page 23: LinkedIn's Social Selling Secrets

XYZ Company

An example of a selling moment

The rep sees an insight in the feed…

Page 24: LinkedIn's Social Selling Secrets

XYZ CompanyABC Company

XYZ Company’s

An example of a selling moment

Reaches out while prospect is in the moment…

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XYZ Company

…Magic happens

An example of a selling moment

Page 26: LinkedIn's Social Selling Secrets

Remember, we are asking for a favor

Silver BulletsRequest intros when they will

have the most impact

Make it easyOffer to ghost-write

the intro email

Follow-throughClose the loop with

the introducer

Selling through relationships – Introductions

Page 27: LinkedIn's Social Selling Secrets

• Fast and lightweight, yet powerful• Best used for less senior prospects or if connection is tenuous• Appropriate to name drop without permission

Name Drop

Selling through relationships – Name Drop

Get the value of an intro with a fraction of the effort

Page 28: LinkedIn's Social Selling Secrets

Appeal first to emotional (right) side of the brain…• Personal interests• School pride• Articles and posts• Recommendations

…Before challenging the logical (left) side of the brain• Insights• Data• Rankings

1

2

Warm outreach

As a last resort, “cold” outreach can still be warm

Page 29: LinkedIn's Social Selling Secrets

Visit us at Sales.LinkedIn.com

Want to learn more?

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Questions?

Page 31: LinkedIn's Social Selling Secrets

©2014 LinkedIn Corporation. All Rights Reserved.