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Social Media Sales Revolution Summer 2012 - New York University 1
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May 10, 2015

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Social Media Sales Revolution - New York University - Summer 2012
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Page 1: Social Media

Social Media Sales Revolution

Summer 2012 - New York University

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Page 2: Social Media

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High-level agenda

What is Social Media

Lock in Sales with LinkedIn

How to get result with Twitter

Role of Facebook in Business Development Blogging

Attracting Attention to online Presence Communicate Online & Offline

Time Management

Future of Sales Book Review

Adjust Your Schedule

Social Media Sales Revolution

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What is Social Media ?

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Social media includes web- and mobile-based technologies which are used to turn communication into interactive dialogue among organizations,

communities, and individuals. - Wikipedia

What is Social Media ?

Social Media Sales Revolution

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Real Life Examples

DQ Crossed member up goal by 700,000

20% reduction in call center activity

BK investment < $50,000

Return > $ 400,000

Dell sold $3,000,000 worth of computer on twitter

Ford’s 25% of marketing send on Social Media, no car loan from US

Government

Pizza hut got 68% sales from twitter 85% new customer from twitter

24% sales growth in sales

15K social media investment Website Traffic 300%,

20% sales increase

Social Media Sales Revolution

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71.4 percent of businesses grow on social Media

Sales Growth using Social Marketing

Social Media Sales Revolution

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Game Changers : Six Rules

Social Media Sales Revolution 7

Abandon Traditional Prospecting

Become a marketer First and Seller Next

Build your Sphere of Influence

Become a value Generator

Build your Personal Band

Work the Window

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Lock in Sales with LinkedIn

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LinkedIn Around the World

Social Media Sales Revolution

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LinkedIn Statistics

 47.6 Million Unique Visitors

Over 150 Million active users

More than 200 countries

Top Professional network

Founded Dec 22, 2002

Social Media Sales Revolution

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LinkedIn as a Marketing Strategy

Social Media Sales Revolution

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Profile at LinkedIn

Social Media Sales Revolution

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Companies at LinkedIn

Social Media Sales Revolution

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Groups at LinkedIn

Social Media Sales Revolution

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Company Statistics at LinkedIn

Social Media Sales Revolution

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How to get result with Twitter

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Twitter Statistics

42 Million Unique Visitors

Over 500 Million Active Users

Over 340 Million tweets daily

Top 10 most visited site

Founded March 21, 2006

Social Media Sales Revolution

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Profile at Twitter

Increase Brand Value

Better Customer Service

Increase Profitability

Increase Sales

Social Media Sales Revolution

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Tweets and Followers at Twitter

Followers :1,099,825

2010 Sales

US : 845,000 USD

Worldwide: 1,700,000 USD

Tweets: 2,318

Social Media Sales Revolution

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Non-Profit at Twitter

Organizing Communities to Fight Cancer

5,000 events nationwide

3.5 million participants

Raised $400 million

$148.5 million research investment

15% Women 23% Men death rate decreased since 1990s

Social Media Sales Revolution

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Role of Facebook in Business Development

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Facebook Statistics

664,032,460 active users

9.6% of the world’s population

Top nations: US, UK, Brazil

100% of Monaco

58% of Fortune 500 Companies

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23Social Media Sales Revolution 23

Facebook Profile

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Facebook Profile

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Community Engagement

Fans = Dollars

Share Advice

Post Interesting Articles

“Like” others

Engage in Groups

Ads- Facebook Analytics

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Facebook Fan Pages and Groups

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Facebook Ads and Analytics

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Blogging is Easier Than You think

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Statistics

over 120 million blogs

55,00 new ones created every day

Value generation

Thought leader

Research tool

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What to Use

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Best Practices

Relevance

Bio

Simplicity

Engagement

Frequency

Value

Balance

Don’t Pitch

Link

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Visibility and Become a Blogging Black Belt

Social Media Toolbox

Keywords

Update

Metrics

You’re a natural

Content building

Upstanding citizen

Share

Focus

Keep it short

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Attracting Attention to your Online Presence

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No Room for Excuses

“I’m not an industry expert…”

“I don’t time…”

“I can’t write…”

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Content Building

Google Reader

NetVibes

Google Alerts

Subscribe

Follow

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Share

Use SMTB

Tell people

Organize

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How to Communicate with Prospects Online and Offline

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Netiquette

Be realDON’T USE ALL CAPS

Spell-check

Research

Profanity

Be Nice

Think before speakHumor

Have a personality

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Forum Etiquette

If you can’t say something nice,

don’t say anything at all

Critique Carefully

Don’t offend

Don’t be overly

aggressive

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Approach

Don’t criticize, condemn, complain

Arouse in the other person an eager want.

Give honest and sincere appreciation

Dale Carnegie

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6 Ways to Get People to Like You

Become genuinely interested in other people

Smile

Remember a names

Listen

Talk in like termsMake others feel important, sincerely

Social Media Sales Revolution

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First Degree and Second Degree

Always start with written correspondence

Utilize your first degree contact

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Inquiry Letters

Have Strong Opening

Highlight Benefits; Use Bullets

Use a polite, assumptive closing

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Effective Time Management

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Social Media Saves You Time

Quick and Easy Distribution

Reach More People

Get More Done

Generate Value and Build Your Brand

Pull instead of Push

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Four Requirements

PatienceActive

Participation

Discipline Have Fun

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Three Steps

60%15%

25%

1. Plan the DaySelling Social Media

Admin

2. Plan the Week

3. Learn to say “no”

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Adjusting Your Schedule

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LinkedIn Update & Answers

Start the day with LinkedIn

2 Million Answers

Show appreciation to others

Update yourself with latest news

Launched: 4 January 2007

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LinkedIn Events

Promote an upcoming event

Create a Professional Network

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Twitter Etiquette

“Don’t Criticize, condemn, or complain “ – Dale Carnegie

A little is enough

Post One or two positive quote

Motivate People

Position yourself as source of positivity

Schedule to tweets in the morning

Spend some time on twitter on daily basis

Social Media Sales Revolution

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Future of Sales

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Future Of Sales

Social Media Sales Revolution

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Book Review

Very few case studies

Detailed activities on Facebook, Twitter, LinkedIn

No example on Non Profit

Links fundamentals of B2B to social media

Book is good for people who never used social media

Google+ or YouTube should be covered

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Generate Value. All else, will follow. (Push vs. Pull)

Fundamentals haven’t changed.

Interact outside of the transactional window.

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Contact:

Justine Chang: [email protected] Partha Mitra: [email protected] New York University 70 Washington Sq South, New York City, New York, 10012

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