social sales revolution - dreamforce 2012

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The Social Sales Revolution: 7 Steps to Get Ahead 1 Get in The Game Know Your Customer Hangouts Build your Social Market Value First Friends, Then Leads Connect With Social Intelligence Tweet-up Your Pipeline Get Together, Sell Smarter The power is in the hands of the buyer Earn credibility and respect to be a recommender - be helpful – trusted advisor 2 3 4 5 6 7

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I presented at Dreamforce 2012 in San Francisco on social selling and creating a socially savvy sales rep.

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Page 1: Social Sales Revolution - Dreamforce 2012

The Social Sales Revolution: 7 Steps to Get Ahead

1Get in The

GameKnow Your Customer Hangouts

Build your Social

Market Value

First Friends, Then Leads

Connect With Social

Intelligence

Tweet-up Your Pipeline

Get Together, Sell Smarter

The power is in the hands of the buyerEarn credibility and respect to be a recommender - be helpful – trusted advisor

2 3 4 5 6 7

Page 2: Social Sales Revolution - Dreamforce 2012

3. Build your Social Market Value

A social savvy rep needs to:• Join social dialog

• Build credibility

• Have experience

• Know the industry

• Be transparent

2PHOTO BY KEXINO

Page 3: Social Sales Revolution - Dreamforce 2012

Credibility > Selling

3

Page 4: Social Sales Revolution - Dreamforce 2012

Case Study:

190,000+CUSTOMER

S84,000+ SERVERS

4,500+ RACKERS

8 GLOBAL DATA CENTERS

120 +COUNTRIE

S

60%FORTUNE® 100

OFTHE

WE SERVE OVER

Annualized Revenue

OVER $1.2BILLION $$$$

OPEN TECHNOLOGY AT WEB SCALE

Choice, flexibility and freedom from vendor lock-in

SEAMLESS PORTFOLIOPublic Cloud, Private Cloud,

Hybrid Hosting and Dedicated Hosting

Page 5: Social Sales Revolution - Dreamforce 2012

5

Recommendations

Relationships

Referrals

Sales injects social into the funnel to accelerate deals

Page 6: Social Sales Revolution - Dreamforce 2012

6

SEM

Trade ShowsOnline Display

Events

Webinars

Demos

Whitepapers

Blogs

Email

Videos SEO

Qualified Leads

CUSTOMERS

Page 7: Social Sales Revolution - Dreamforce 2012

Sales

7

Department involvement

BEFORE

Marketing

NOW

Marketing

Sales

Page 8: Social Sales Revolution - Dreamforce 2012

8

THROUGH

DecisionConsiderationAwareness

Page 9: Social Sales Revolution - Dreamforce 2012

AdviseListenIntro

GroupsFollowConnect

prospect with social

platforms

prospects and have

them follow us

to prospects

for feedback

How we do it

Page 10: Social Sales Revolution - Dreamforce 2012

BuildContent

AdviseListen

prospects on social

media

Including case

studies, webinars and more

Page 11: Social Sales Revolution - Dreamforce 2012

We train our sales teams to think and act social

How to:Build personalized social profiles on multiple platforms

Engage directly with

recommendations and relationships

Join groups and gain credibility

Build contacts by territory and customer list

Involve prospects in the conversation

Build and maintain relationships

Research and monitor social

media

Page 12: Social Sales Revolution - Dreamforce 2012

Make your sales team:1. Effective

2. Social

3. Self-reliant

12

Page 13: Social Sales Revolution - Dreamforce 2012

Our customers and prospects are already thereIT Leaders & C-Level use LinkedIn to get their job done – finding information, recommendations, and solutions.

Staying on top of the latest news or trends in enterprise software

Finding recommendations for enterprise software products

Getting advice on how to solve an enterprise software challenge

Getting information about enterprise software companies or products

0% 20% 40% 60% 80%

43%

50%

52%

56%

% Who Think LinkedIn is a Good Resource for:

Base: All IT survey respondents (N = 800).

IT Software Study – March 2011

“Do you agree or disagree with the following statements? LinkedIn is a good resource for:”% of respondents who answered “Agree” or “Strongly Agree”.

Page 14: Social Sales Revolution - Dreamforce 2012

LinkedIn Provides a Connection to Trusted AdviceWork colleagues are the most widely trusted source of recommendations.

Vendor salespeople

Vendor websites

IT forums and message boards

Consultants

IT publications (CNET, ZDnet, etc.)

Industry analysts (Gartner/Forrester/IDC)

Work colleagues / professional network

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

22%

23%

51%

58%

59%

80%

93%

Base: All IT survey respondents (N = 800).

% Who Would Trust a Recommendation From:

“When deciding whether to purchase a particular software product for your company or institution, do you trust recommendations from the following sources?”

IT Software Study – March 2011

Page 15: Social Sales Revolution - Dreamforce 2012

15

The Power of

Recommendations

on LinkedIn

Page 16: Social Sales Revolution - Dreamforce 2012

Rackspace vs. Company X

554Recommendations

7Recommendations

Page 17: Social Sales Revolution - Dreamforce 2012

17

Page 18: Social Sales Revolution - Dreamforce 2012

Professionals recommending Rackspace on LinkedInwork for these companies:

18

Page 19: Social Sales Revolution - Dreamforce 2012

We failed before we succeeded

Page 20: Social Sales Revolution - Dreamforce 2012

How we first failed:• Our initial approach was too

aggressive in scale• Mass mandate failed

• No instant results

• More planning needed

• Disconnect: tying social to

quotas

Page 21: Social Sales Revolution - Dreamforce 2012

How we succeeded

• A pilot team that

• Understood relationships

• Connected the dots

• Had patience

Page 22: Social Sales Revolution - Dreamforce 2012

Key Results

Increased engagement on

social platforms from sales teams and their customers

Increased event attendance from their customers

Increased downloads and

engagement with content

More leads through referrals,

relationships and recommendations

Page 23: Social Sales Revolution - Dreamforce 2012