researching sales with social media

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Researching Sales with Social Media Bill Rice www.bettercloser.com

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Learn to use social media to research your sales pipeline and target accounts.

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Page 1: Researching Sales with Social Media

Researching Sales with Social Media

Bill Ricewww.bettercloser.com

Page 2: Researching Sales with Social Media

Basic elements of a sale

Solution selling defines it this way:

Sales = Pain x Power x Vision x Value x Control

So will I. We're going to use social media to help us:

• Look for pain or highlighting latent pain• Seek power• Align vision• Confirm value and reducing risk• Drive the process to close--control

Page 3: Researching Sales with Social Media

Elements of research system

Focusing on social media and real-time information

• Search• Venues• Search• Flow• Campaign• Nurturing

Future session

Page 4: Researching Sales with Social Media

Looking for pain

When I say search you should be thinking:

• Google• Linkedin• Twitter

Here's how to turn them into lead generation tools...

Page 5: Researching Sales with Social Media

Finding pain

Keywords

• Turn the pain tree into keywordso How do their customers talk about the pain?o How do your prospects talk about the pain?

• Turn the vision into keywordso How do you describe the solution vision?o How would a prospect describe a like vision?

• Consider different power levels. They talk differently.• Don't forget about the competitor!

Page 6: Researching Sales with Social Media

Searching for pain

Tip Suspect!

Page 7: Researching Sales with Social Media

Searching for pain

Page 8: Researching Sales with Social Media

Searching for pain

Page 9: Researching Sales with Social Media

Seeking power

Linkedin.com is THE central repository of power!

Step 0: Get on Linkedin.comStep 1: Connect with ALL your (happy) clientsStep 2: Get recommendations from ALL your (happy) clients

Page 10: Researching Sales with Social Media

Seeking power...Linkedin.com

Page 11: Researching Sales with Social Media

No power here...MySpace.com

Page 12: Researching Sales with Social Media

Seeking power

Advantages of Linkedin.com

1. Demographics2. Self-segmented3. Research is all there4. Track record5. Identifies pathways

Page 13: Researching Sales with Social Media

Searching Linkedin.com from Googlesite:linkedin.com "current * architect" "websphere" (inurl:pub | inurl:in) -intitle:directory "greater chicago area"

Page 14: Researching Sales with Social Media

Aligning Vision

This is often the hardest part of the sale.

It is a give in take of open questions, confirming questions, and controlling questions.

You're trying to hone in on the real buying trigger.

Two strategies:1.Attract like vision2.Identify likely vision

Page 15: Researching Sales with Social Media

Attract like vision

Page 16: Researching Sales with Social Media

Identify likely vision

Page 17: Researching Sales with Social Media

Confirming value and lowering risk

There is still a lot of FEAR in the market.

To overcome this barrier you have to not only convey value, but also lower risk.

Social Proof and Authority work well here.

Page 18: Researching Sales with Social Media

Social Proofing and Authority

Page 19: Researching Sales with Social Media

Do it on their terms

Page 20: Researching Sales with Social Media

Don't forget Google

Page 21: Researching Sales with Social Media

Driving the process to close--control

You have lots of intelligence on your  target accounts. 

Now, execute. Get into their field of view.

Shape their perception (or yours) of the ideal solution.