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By Sam Driver

Navigating the digital landscape, you’ve probably heard of the term ‘social selling.’

But what does it actually mean? And how can it turbocharge your business?

Well, think of it as the ultimate modern sales technique, leveraging your social networks to build relationships and close deals.

From reaching out to prospects on LinkedIn to leveraging customer testimonials on Facebook, there are many ways to win at this game.

So, ready to turn your social media prowess into sales power?

Let’s jump in.

What is Social Selling?

Social selling isn’t just another marketing jargon. It’s an evolved sales methodology designed to function seamlessly in the digital era.

Harnessing the power of social media platforms, it’s about finding and interacting with potential customers in their natural online habitat.

Let’s delve deeper into this concept…

Imagine you’re at a networking event. Instead of bombarding strangers with your sales pitch, you opt for a softer approach.

You mingle, listen, provide valuable input, and slowly develop relationships.

Social selling is similar, only it takes place on the virtual corridors of LinkedIn, Facebook, Twitter, and other social platforms.

But it isn’t a process of randomly approaching anyone online.

It involves strategic listening, observing potential clients’ online activity, understanding their needs, and then initiating conversations that provide value.

For instance, you might come across a LinkedIn post by a potential client who’s facing challenges your product can solve.

Instead of directly pitching your product, you could share a helpful article addressing those issues, subtly showcasing your solution.

In essence, social selling moves away from the era of cold calling and unsolicited emails, enabling you to engage in more fruitful and less anxiety-inducing sales conversations with interested buyers.

Why is Social Selling Important?

a women looking up social selling on her phone

Now, you might be thinking, “Okay, so social selling involves using social media. But why should I bother?”

Well, here are a few benefits that might change your mind:

  • Improved lead generation: With social selling, you’re not just throwing darts in the dark. You’re able to target audiences that are already interested in what you’re offering. Hence, you can improve the quality of your leads.
  • Enhanced customer relationships: Social selling isn’t just about the sale; it’s about building relationships. You’re engaging with potential clients on a platform they’re comfortable with, leading to better connections and trust.
  • Increased sales: With improved leads and better relationships, it’s no surprise that social selling can boost your sales. According to LinkedIn’s social selling index, sales reps who leverage social selling tools are 51% more likely to exceed their quotas.

With these benefits in mind, let’s transition into some top tips and strategies to help you unlock your social selling potential.

11 Top Social Selling Tips That’ll Skyrocket Your Sales

People checking their phones for social selling

If you’re set on embracing the world of social selling, you’ll need more than a basic understanding.

Here’s where best practices come in — consider them your survival kit in the vast digital jungle of social selling…

1. Leverage LinkedIn Sales Navigator

LinkedIn Sales Navigator is not just a tool — it’s a treasure chest filled with nuggets of invaluable customer insights.

This advanced LinkedIn tool is designed to help you find the right prospects, understand their needs, and engage them with personalized outreach.

For instance, with its lead and company search feature, you can filter by job role, company size, and industry, among others, to find your ideal customers.

Moreover, it provides real-time updates about your prospects, such as job changes and shared posts, giving you a reason to engage.

Remember, sales pitches are out; insightful, personalized engagement is in.

So use these insights to approach potential customers with something valuable to them, increasing your chances of striking up a meaningful conversation.

2. Engage in Social Listening

Social listening goes beyond merely monitoring your social media mentions. It involves analysing the conversations and trends happening not just around your brand, but your industry as a whole.

For example, you might notice a rising trend or common pain point among your customers.

By addressing these in your interactions or content, you show prospects that you understand and care about their needs, making your brand more attractive.

So, make it a daily habit to listen in on the buzz, then respond strategically, placing your brand right at the heart of the conversation.

3. Promote Employee Advocacy

Your team members are not just employees; they’re your secret brand ambassadors waiting to be activated.

When they share your company’s content, they help humanize your brand and extend your reach into their diverse social networks.

For instance, a software engineer sharing a company blog post about a new feature they developed not only promotes your product but also showcases the brains behind your operations.

This type of content adds a personal touch, which can resonate with customers and build trust in your brand.

Remember, people connect with people, so fostering employee advocacy can be a huge win for your social selling efforts.

4. Partner with Influencers

Influencer partnerships can dramatically amplify your reach and boost your credibility.

But it’s not about picking any influencer; it’s about choosing the right one who aligns with your brand and can add value to your audience.

For example, if you’re a fitness equipment company, partnering with a respected fitness coach on Instagram can help your products get in front of the right eyes.

The influencer could share workout videos using your equipment, providing value to their followers while showcasing your products.

Thus, the key to successful influencer partnerships is finding those whose values align with yours, whose audience matches your target customers, and who can showcase your products or services in a way that adds value to their followers.

5. Prioritize Content Marketing

The value of high-quality, relevant content can’t be overstated. Effective content marketing isn’t about overt promotion; it’s about establishing yourself as a trusted thought leader within your industry.

This means sharing articles, infographics, and videos that not only pique the interest of potential buyers but also provide them with actionable insights.

For instance, if you’re in the SaaS industry, share tips on maximizing software productivity or post a how-to video for a common software problem.

By consistently offering valuable content, you attract potential customers, facilitate meaningful sales conversations, and organically boost your brand reputation.

6. Track Social Selling Statistics

While instinct plays a part in social selling, it should never be your primary decision-making tool.

Use social media analytics to track your efforts and understand which strategies work and which don’t.

For example, measure engagement rates to understand what content resonates with your audience or track conversion rates to see which tactics drive sales.

Adjust your approach based on data, not just gut feelings.

This constant analysis and adjustment make your efforts more targeted, increasing the efficacy of your social selling strategy.

7. Utilize a Variety of Social Platforms

One size doesn’t fit all when it comes to social selling.

Each platform has its unique demographic and engagement style, and your approach should reflect that.

LinkedIn, with its professional focus, is perfect for B2B outreach and networking, while Facebook and Instagram might be better suited for B2C and lifestyle brands.

Twitter, with its concise, real-time communication, is ideal for industry news and quick updates.

Be sure to optimize your messaging to align with the platform. A diversified presence allows you to reach a broader audience and tap into the unique opportunities each platform provides.

8. Focus on Building Relationships

Social selling is more about cultivating relationships than making a quick sale. It’s a long-term strategy, not a quick fix.

Engage with your followers by responding to their comments, answering their queries, and even participating in discussions on their posts when relevant.

For instance, if a potential client posts a question about industry trends, provide an insightful response or link to a helpful article.

This type of engagement builds a relationship based on trust and respect, positioning you as a go-to resource. This rapport will naturally lead to sales conversions over time.

Remember, in social selling, relationships are the soil from which sales grow.

9. Personalize Your Outreach

You’ve likely been on the receiving end of a generic sales message before — it’s about as thrilling as watching paint dry, right?

So, to truly engage with your potential customers, make sure your outreach efforts are personalized.

Study their profiles, understand their interests, and reflect on their needs. By doing this, you can tailor your messages to resonate with them on a deeper level.

For example, if you see a potential customer post about sustainability efforts in their industry, don’t just send them a message about your product. Instead, talk about how your product aligns with their sustainability goals.

By personalizing your messages in this way, you’re showing that you genuinely understand and care about their needs, which will in turn build trust and connection.

10. Stay Consistent with Posting

Posting a picture on social media

Consistency is the backbone of any successful social media strategy. Just as your favourite TV show has a consistent airing schedule, your social media accounts should also follow a regular posting pattern.

This keeps your brand fresh in the minds of your followers and demonstrates your dedication to engaging with them.

Establish a content calendar to keep track of what you’re posting and when.

Mix it up with a variety of content types — blog posts, whitepapers, user-generated content, case studies — to keep your audience engaged.

Plus, regularly updating your social media accounts may help improve your SEO rankings, which leads to greater visibility online.

11. Always Provide Value

Social selling isn’t a one-way street; it’s about fostering a beneficial relationship between you and your audience.

This means ensuring that every interaction — be it a blog post, an insightful comment, or a helpful tip — provides value to your audience.

Think of your social media platforms as a resource hub for your followers.

Sharing helpful tips, industry insights, and useful resources not only educates your audience but also positions you as a thought leader in your industry.

For example, if you’re in the software business, regularly sharing tips on maximizing software efficiency or guides on choosing the right software can be incredibly valuable for your audience.

Embracing the Future with Social Selling

social media lead generation featured

Perhaps you’re sitting there, a tad overwhelmed…

We get it.

But remember, it’s not just about selling — it’s about building relationships and connecting in meaningful ways.

You’ve got the tools, you’ve got the know-how, and now, you’ve got the insights from this definitive guide.

So, it’s time to take the reins, harness the power of your social networks, and skyrocket your sales.

The world of social selling is your oyster — go out there and make some pearls!

By Sam Driver

Sam is an Associate Editor for Smart Blogger and family man who loves to write. When he’s not goofing around with his kids, he’s honing his craft to provide lasting value to anyone who cares to listen.

Sourced from SmartBlogger

By Shade Vaughn

The days of just counting clicks are gone; more effective dollars are being spent on buyer intent and propensity-to-buy tools, data and analytics, search marketing, digital campaigns, and social selling.

For some, digital transformation may seem like a traditional business project that has a distinct beginning and end. However, the savviest organizations know that it has no defined starting point, and there is no true finish line. Digital transformation will continue to evolve and scale with the business, and it will require building consensus across numerous functional silos.

It also isn’t something that naturally happens—companies need to make the conscious decision to proactively define and manage their own digital transformation objectives, especially as spending on digital transformation increases each year. In fact, according to IDC, global spending on digital transformation technologies and services will grow 10.4 percent in 2020 to $1.3 trillion.

The investment is paying off. Those that had already begun executing against a digital transformation strategy were able to navigate the dramatic changes that resulted from the current pandemic.

Digital transformation excellence begins with marketing

While it might feel natural to look to the IT department to shepherd a digital transformation effort, marketers have specific skill sets that make them well-equipped to take on a leadership role. Marketers can help their companies use transformative technology to strengthen engagement between brands and customers, improve business performance and operations, and increase employee engagement.

According to Gartner consulting, 87%  of senior business leaders say digitalization is a company priority, however only 40% of organizations have brought digital initiatives to scale. To address this gap, marketers can tap into one of their many areas of expertise and showcase their value to the project:

Marketers are communicators

Marketers can use their communications skills to help energize and educate employees about the benefits of undergoing a digital transformation effort. More than six out of 10 respondents consider culture as the number one hurdle to digital transformation, according to Capgemini’s Digital Transformation Review 12th Edition, and marketers can help push the needle with effective communication strategies. When the pandemic disrupted the restaurant industry, Friendly’s Restaurants rapidly transformed their technology strategy to include contactless options. Friendly’s CIO recognized the strength of its culture as a key factor in the company’s success–they embraced the new processes and rose to the occasion.

Marketers understand the customer journey

Marketers have the insight and perspective to shape digital transformation efforts to maximize the value to the customer. After all, they are well-versed in the customer journey and how to establish strong connections across all touchpoints. To build a relevant roadmap, organizations need to take a long view of what they want a digital transformation strategy to accomplish–across people, performance, operations, and customers.

Marketers know the organization

By nature of the role, marketers have acquired a vast amount of knowledge about their organization–its strengths, its weaknesses, and how it operates day-to-day. They are able to have a bird’s-eye view of the business and build an ecosystem of trusted partners who are willing to put skin in the game and ensure value. This type of foresight will go a long way when executing against a digital transformation strategy as it requires strong talent in development and technology-related areas.

Marketers welcome digital disruption

Advances in marketing technology have changed drastically over the past 10 years–and so has the role of the marketer. The days of simply generating impressions and clicks are mostly gone; now, more effective dollars are being spent on buyer intent and propensity-to-buy tools, data and analytics, search marketing, digital campaigns, and social selling. Many marketers have embraced this digital-forward world and welcomed the many opportunities it presents to connect with customers in new and exciting ways. They are usually on the forefront of innovation and strive to inspire others in their quest for marketing excellence and fueling business growth.

Where marketing and IT meet

While marketing can confidently take charge, it still needs to be in lockstep with the IT department. After all, there is no digital transformation without a technology evolution, and that requires a heavy lift from IT. The two teams should work together to solve business problems, implement systems that support the larger goal, and find new ways to create value for customers.

For example, IT and marketing teamed up to create an improved fan experience for the San Francisco 49ers. Innovative technology was implemented to ensure football fans stay connected throughout the season, and the new site (IGYB) incorporates different aspects of digital and social media marketing to provide the latest updates and resources.

Marketers are creative and nimble, constantly on the lookout for new ways to innovate. By putting them in prominent leadership positions within a digital transformation overhaul, there will be an immediate shift in communication effort, diligence, and culture.

Feature Image Credit: [Source images: fad1986/iStock; Rawf8/iStock; OpenClipart-Vectors/Pixabay] 

By Shade Vaughn

Shade Vaughn is Chief Marketing Officer for Capgemini North America.

Sourced from Fast Company

By Tim Hughes.

Interesting article by Gartner, here are some of the highlights

“Over the next five years, an even greater rise in digital interactions between buyers and suppliers will break traditional sales models.”

“The Gartner Future of Sales 2025 report predicts that by 2025, 80% of B2B sales interactions between suppliers and buyers will occur in digital channels. Chief sales officers (CSOs) and other senior sales leaders must accept that buying preferences have permanently changed and, as a result, so too will the role of sellers.”

 Sales organizations must be able to sell to customers everywhere the customer expects to engage, interact and transact with suppliers”

“Gartner defines the future of sales as the permanent transformation of organizations’ sales strategies, processes and allocation of resources, moving from a seller-centric to a buyer-centric orientation and shifting from analog sales processes to ….  digital-first engagement with customers.”

“Gartner research shows buyers typically only spend 17% of their time meeting with potential suppliers when considering a purchase. With less and less customer face time, virtual selling via digital channels will predominate.”

“B2B sales reps need to embrace … a new manner of engaging customers, matching their sales activity to their customers’ buying practices and information-collecting needs.”

Pipeline – What can we do to maximize pipeline?

This requires us all to do what we can across the business to be in the pipeline building business.

We also have to be totally honest with ourselves here.  “What got us here, won’t get us there”.  We all know that business has changed due to the Pandemic and we have to change our sales and marketing models or run out of cash, without the right pipeline.  Research from Hubspot shows that “the number of deals created dropped 11% the week of April 6.”  I’m writing this in October 2020, do we really think that the deals created has picked up?

This diagram is of the deal drop in the US up to the 4th June 2020.

Let’s look at two of the most traditional ways of marketing before the pandemic, digital advertising and email marketing.

Digital Advertising

Yesterday I had a fascinating conversation with a Martin Lucas for an up and coming #TimTalk (my podcast) and the following figures are engagement rates for digital advertising.

1.61% Facebook

1.91% Google

0.35% Programmatic (this is where ads follow you around when you browse)

That means that digital advertising has a 98.81% failure rate and based on the amount of money that is spent on digital advertising, that means that $265 Billion is wasted on advertising every year.  This is an example of one area where before the pandemic it was seen as Ok to make spend like this, now it’s flushing dollars down the toilet.  Another example is email marketing.

Email Marketing

According to Hubspot, the response rate to emails fell to a record low of 2.1% in April 2020. Said differently, 98% of our efforts to reach new prospects failed.

Hubspot say in the report “Sales teams are sending about 50% more email to prospects than they were pre-COVID, but responses continue to drop. Last week, sales response rates hit an all-time low for 2020 at 2.1%, a lower response rate than Christmas week 2019.”

Diagram from Hubspot showing the number of emails being sent going up and the response reducing.

Hubspot also said “These trends tell an important story. Email prospecting, to put it bluntly, is out of control. It’s easy to send thousands of emails with just a few clicks, and in a chaotic time, we understand why sales teams are sending so many. But volume and quality is a tradeoff — the time a team saves by sending out email blasts is wasted if that outreach isn’t personalized, relevant, and helpful. These gaps are clear in the data.”

High Performing Businesses Use Social Strategically 

In this report by Simon Kemp he outlines the extent that social media has become part of our lives.

What Is A High Performance Business in The Post Pandemic World?

If you are a modern high performing business where social media is strategic to your business, or you hope it will be strategic to the business read on.

How Social Media Has Been used in the Past

Social media has been used tactically in the past within the business.  Often it will be in digital marketing, which sits in marketing and this involves tweeting a broadcast message along the lines of “buy our product, because it’s great”.  There maybe differences on platforms, LinkedIn, Facebook, Instagram and Twitter, but the message is the same.  This is often called omnichannel.  You use all the channels, including email and cold calling and you push out the same message.

This is fundamentally broken, see statistics above.

Adverting, email marketing and cold calling are based on interruption and broadcast and social is based on permission and relationship.  This is a mistake that most companies make.

Social / Digital Virtual / Remote Selling Comes of Age

I wrote the book “Social Selling – techniques to Influence Buyers and Changemakers”, which is available on Amazon worldwide.  I also wrote the blog “How to get 10 C-Level meetings a week using Twitter”.  These are stepping stones in the evolvement of social.  Both showing to the world that there was (and is) a business reason why you should have a social project in your business and the fact there is a return on investment (ROI).

The Social Business is Born

Back in 2018 we found that our social selling programs were “repeatable and predictable”.  Whenever we ran them it would create 30% more revenue and reduce the sales cycle by 40%.  This is pretty cool and something we are very proud of.

Where Do We Go From Here?

For those unsure of what to do, DLA Ignite will complete a review of your current social / digital / virtual / remote selling capability.  For free.

We will take your team (up top 10) and perform a complete root and branch Social Media Performance Assessment.

Sales, Marketing, Management, Technical, HR. Procurement ….whoever you want to include.

This will include: Profiles, connections, followers, inbound and outbound activity, content, engagement, follow up, results.

(Happy to provide the list of deliverables).

We will map your business against the DLA Ignite baseline and present back to you our findings. We will show you where improvements can be made and what results should be expected.  No hard sell, just present back to you a road map.

You entered lock down analogue, this is your chance to leave this pandemic, digital.

Please contact me here or one of the DLA Ignite team here, so please pick one of our industry experts or one of our experts in your geographical locality.  Our website is here.

The Gartner Future of Sales 2025 report predicts that by 2025, 80% of B2B sales interactions between suppliers and buyers will occur in digital channels. Chief sales officers (CSOs) and other senior sales leaders must accept that buying preferences have permanently changed and, as a result, so too will the role of sellers.

https://www.gartner.com/smarterwithgartner/future-of-sales-2025-why-b2b-sales-needs-a-digital-first-approach/

 

By Tim Hughes.

Sourced from dla Digital Leadership Associates