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Putting Social Selling to Work For You Selling to People, Not Contacts
48

Putting Social Selling to Work For You

Jan 28, 2015

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Page 1: Putting Social Selling to Work For You

Putting Social Sellingto Work For YouSelling to People, Not Contacts

Page 2: Putting Social Selling to Work For You

Resources• http://vorsight.com/prospecting• http://www.insideview.com• http://www.socialsellingu.com

Advice

• Test and Learn• Don’t Expect an immediate Give to Get• Use social/email to Connect and Learn about

prospects. Use the Phone and in-person to sell.

Page 3: Putting Social Selling to Work For You

Agenda• Welcome• Who is InsideView?• The rising tide of Information overload• What can we do?

– Listen – Connect – Engage

• Great Social Selling Books• Next Steps• Twitter Hashtag #socialsellca

Page 4: Putting Social Selling to Work For You

Brian BachofnerManager of Channel Development

INSIDEVIEW

[email protected]: @bbachofner

Page 5: Putting Social Selling to Work For You

About InsideView

• Founded in 2005• VC Funded• Vision: Increase productivity of customer-facing employees by delivering

relevant, timely insight about customers and prospects into CRM.• Today: 145,000+ users, 6,000 customers, 30 countries• Integrated with all major CRMs.• 100+ channel partners on 3 continents• 1st to Establish Non-Profit Social Source. http://www.socialsellingu.com

SalesLogix

Page 6: Putting Social Selling to Work For You
Page 7: Putting Social Selling to Work For You

2002

Page 8: Putting Social Selling to Work For You

2012: Social Enterprise

Page 9: Putting Social Selling to Work For You

2010: 35% of Canadians visit SM

once a day2011: 50% of Canadians visit SM

once a day

2009: 1% of Canadians on Twitter

2011: 20% of Canadians on Twitter

Source: www.webfuel.ca

Almost 2/3 of 35-54 year olds and over 40% of those

over the age of 55 in Canada are now actively using Social

Media.

Page 10: Putting Social Selling to Work For You

More Data?

Page 11: Putting Social Selling to Work For You

Welcome to the Age of Relevance…

Right MESSAGE

Right TIME

Right PERSON

Page 12: Putting Social Selling to Work For You

leve

l of

bu

yer

act

ivit

y

“I’m just downloading

stuff”

“We have a project” “We’ve

made a decision”

“I’m just browsing”

“We’ve shortlisted vendors”

awareness consideration purchase

online

“70% of the B2B buying process happens online”SiriusDecisions Inc.

Page 13: Putting Social Selling to Work For You

92% of prospects never respond to

a cold call or email

Page 14: Putting Social Selling to Work For You

Sell to People not Contacts

| SLIDE :14

…….more INTELLIGENCE

Page 15: Putting Social Selling to Work For You

Will

iam

Haw

kins

III • William Hawkins III

• Founder of EA• Former Dir of

Strategy at Apple• Harvard Graduate

Bill

Haw

kins • Bill Hawkins

• CEO at Immucor• Director at Thoratec • Located in Atlanta• Duke Graduate

Trip

Haw

kins • Trip Hawkins

[email protected]• Twitter @dchocgames• Currently works at

Digital Chocolate

Quiz Time: Are they the same person?Trip Hawkins: Steve Jobs and CreativityForbes – Jan 24, 2012

It was an ‘Act of betrayal’ as  Steve Jobs saw it when Trip Hawkins left Apple in 1982 to start game-maker, Electronic Arts. But the legendary Apple co-founder and the now founder/CEO of Digital Chocolate always had a twisted relationship.

Certainly a high-level of respect was involved. Sometimes Jobs simply had a funny way of showing it.

Page 16: Putting Social Selling to Work For You

And the answer is …Bi

ll H

awki

ns • Bill Hawkins• CEO at Immucor• Director at Thoratec • Located in Atlanta• Duke Graduate Tr

ip H

awki

ns • Trip Hawkins• [email protected]• Twitter @dchocgames• Currently works at Digital

Chocolate

Page 17: Putting Social Selling to Work For You

84%Of your prospects will respond to cold-calls or emails when you leverage connections

Kenan-Flagler School of Business University of Carolina

Page 18: Putting Social Selling to Work For You

Where are your customers and prospects?

Page 19: Putting Social Selling to Work For You
Page 20: Putting Social Selling to Work For You

Customize headline

Add Websites

Add Twitter

Add Photo

Customize link

Share content

Page 21: Putting Social Selling to Work For You

Connections accelerate your ability to get into an account.

• Reference accounts• Coworker relationships

• LinkedIn connections

Page 22: Putting Social Selling to Work For You

The Forrester Social Ladder

Where B2B Sales Reps should be

Page 23: Putting Social Selling to Work For You

Off to China to make sure our factories can meet the new product launch date

First day as the new VP at Chevron.

Looking forward to that big meeting with Intel. Vegas!

So we’re getting bought out by Clorox I guess…

Our supply chain is about to break. Man do I need a break…

Move to Ontario or lose my job. Well at least the kids can get a dog now.

Page 24: Putting Social Selling to Work For You

Trigger Events Start the Conversation

Page 25: Putting Social Selling to Work For You

Social Selling Delivers Relevance…

First day as the new

VP at Chevron.

Jane Smith is a connection from your days as her network supplier

She’s currently at Chevron and looking for a new resource

CLOUD TECHNOLOGY AGGREGATION & PROCESSING

Page 26: Putting Social Selling to Work For You

Social Selling Books

Page 27: Putting Social Selling to Work For You

5 Signs you might be ready for Social Selling1. You are buying “lists” for your sales team2. Social Selling is not a part of your sales cycle3. You are spending half of your day Researching4. You are not using Trigger Events, and see deals

enter the sales cycle at much later stages5. You’re not hitting your sales marks.

Page 28: Putting Social Selling to Work For You

Google:

Wikipedia:

What’s Missing?

Tenet: a Canadian Heavy Metal Band, a healthcare company, a ethnic group in South Sudan, a former Director of the CIA….

CONTEXT!!

Tenets (plural of ten-et):

Noun: A principle, belief, or doctrine generally held to be true; especially : one held in common by members of an organization, movement, or profession

Merriam-Webster

Page 29: Putting Social Selling to Work For You

Social Selling Context

It’s not:

It will:

• A replacement a broken sales process. Not a magic bullet

• A replacement for the PHONE or face-to-face• A broadcast channel for pitching

• Help you identify Sales Cycles that you may have missed

• Give you a competitive advantage• Help you accelerate sales cycles

Page 30: Putting Social Selling to Work For You

Sell to People, not Contacts

| SLIDE :30

…….more INTELLIGENCE

Page 31: Putting Social Selling to Work For You

User-Gen

Data

CRM

Social

More Data is not the Answer

Page 32: Putting Social Selling to Work For You

Modify the Old Sales Playbook

-- Deals enter pipeline at very different stages

-- View “closeness” as a matter of proximity not geography

trigger events are events in a buyer’s work environment that will necessitate change

Page 33: Putting Social Selling to Work For You

Own your Presence, and Be Present!Barb Giamanco’s Getting Started with Social Selling1. Be Compelling: Profiles2. Be Findable: Headlines3. Be Visible- share via Twitter

and LinkedIn4. Demonstrate Expertise: Join

Groups or even better, Create them

5. Engage with Content

Http://scs-connect.com

Page 34: Putting Social Selling to Work For You

“InsideView makes it easy for us to use our 3x3 Research technique to quickly establish credibility with prospects, find new leads, and accelerate existing opportunities. We use InsideView for both our own sales team and for our clients.

- Steve Richard, Co-Founder and Chief Content Officer

1. How can we increase relevance with prospects quickly?2. How can we accelerate existing opportunities?Challenge:

Solution:

Impact:

Use InsideView for 3x3 research for selling Vorsight services to prospects. And use InsideView for manage and accelerate existing opportunities.

200% Qualified Lead

Volumes

50% Pre-call research

time

20%Opportunities

generated

Vorsight Essentials:• Industry: Sales Consulting• Arlington, VA, USA• Employees: 35• Sell to: SVP/VP Sales• InsideView Users: 25

• CRM: Salesforce.com

Page 35: Putting Social Selling to Work For You

9 Ideas to Prospect and Land the Big Deal

Steve RichardCo-Founder

Page 36: Putting Social Selling to Work For You

Recap9 ideas

Page 37: Putting Social Selling to Work For You

#1: 3x3 Research

A&D ActivityExperience with VDRs

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#2: ID Contact

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#3: Direct Lines from VM

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#4: Call Window

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#5: Lead In

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#6: Second Vendor Option

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#7: Client Voice

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#8: Questioning Skills

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#9: Cell Phone