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LinkedIn Social Selling Index Introduction

Date post: 10-May-2015
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Overview of LinkedIn Sales Solutions and how the LinkedIn Social Selling Index can provide insight on social selling performance.
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Building a Social Selling Program Ralf VonSosen, LinkedIn Sales Solutions @rvonsosen Anneke Seley, Reality Works Group @annekeseley
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Page 1: LinkedIn Social Selling Index Introduction

Building a Social Selling ProgramRalf VonSosen, LinkedIn Sales Solutions

@rvonsosen

Anneke Seley, Reality Works Group

@annekeseley

Page 2: LinkedIn Social Selling Index Introduction

Presenters

Anneke SeleyCEO, Reality Works Group (formerly Phone Works)

Coauthor, Sales 2.0www.linkedin.com/in/annekeseley@annekeseley

Ralf VonSosenHead of Marketing for Sales Solutions, LinkedInlinkedin.com/in/ralfvonsosen@rvonsosen

Page 3: LinkedIn Social Selling Index Introduction

Agenda

One view on Social Selling

SMA Study of Social Media in Social Selling

LinkedIn Social Selling Index

Making Social Selling a Reality

Page 4: LinkedIn Social Selling Index Introduction

4

Been on the course lately?What social selling is not.

Page 5: LinkedIn Social Selling Index Introduction

LinkedIn Confidential ©2013 All Rights Reserved

Buying process has fundamentally changed.

Page 6: LinkedIn Social Selling Index Introduction

LinkedIn Confidential ©2013 All Rights Reserved 6

Ralf VonSosenHead of Marketing at LinkedIn Sales Solutions

1,350 1st DegreeConnections on LinkedIn

Page 7: LinkedIn Social Selling Index Introduction

People buy from People,(1) who understand their business,

(2) understand them,(3) and trust to solve their problems.

Page 8: LinkedIn Social Selling Index Introduction

• Leverage Pro Networks• Expanded Company Network• Target Decision-makers

Find Relate

• Focus on Real People• Gather Intelligence• Deliver Relevant Information

Social Selling Changes the Game

Engage

• Leverage Warm Introductions• Meaningful Conversations• Collaborative Buying Process

Jack Clarke

Lucy River

Page 9: LinkedIn Social Selling Index Introduction

How strong is your Social Selling foundation?

9

“Laggards” “Tip-Toers” “Leaders”

Low High

FindBuy Lists Leverage Professional Networks

Limited to Private Rolodexes Expand to Company Social Network

Spray & Pray to Find Decision-makers Target Decision-makers

RelateSpeed through Contacts Records Focus on Real People

Limited to CRM Record Gather Intelligence with Internet Profile

Pile On More Data Discover More Insight

EngagePound through Cold Calling Leverage Warm Introductions

Push the Sales Pitch Have a Meaningful Conversations

Drive Cookie-cutter Sales Process Collaborate in Buying Process

Low High

Low High

Low High

Page 10: LinkedIn Social Selling Index Introduction

© Copyright 2012 The Sales Management Association.

Research Conducted by:

Social Media and the Sales Organization

© 2012 The Sales Management Association. All rights reserved.

Page 11: LinkedIn Social Selling Index Introduction

Slide 11

Adoption: It’s Still Early

Which selection below best describes your organization's efforts to use social media in the sales organization?

© 2012 The Sales Management Association. All rights reserved.

Page 12: LinkedIn Social Selling Index Introduction

Slide 12

Customer Engagement

Which best describes the engagement of your organization's important customers?

© 2012 The Sales Management Association. All rights reserved.

Page 13: LinkedIn Social Selling Index Introduction

Slide 13

Firm Engagement

© 2012 The Sales Management Association. All rights reserved.

Page 14: LinkedIn Social Selling Index Introduction

Slide 14

For what are you using social media?

© 2012 The Sales Management Association. All rights reserved.

Page 15: LinkedIn Social Selling Index Introduction

Slide 15

How active are you on socialmedia?

3.4

4.0 2.95.3

6.0

© 2012 The Sales Management Association. All rights reserved.

Page 16: LinkedIn Social Selling Index Introduction

Slide 16

We Have A Social Media Strategy…

© 2012 The Sales Management Association. All rights reserved.

…for my (total) organization … for my sales organization

Page 17: LinkedIn Social Selling Index Introduction

Slide 17

Sales Force’s Understanding of Social Media

I have received sufficient training from my organization on using social media.

My sales organization has a solid understanding of how to use social media.

© 2012 The Sales Management Association. All rights reserved.

Page 18: LinkedIn Social Selling Index Introduction

Slide 18

Tremendous Upside for Sales

My sales organization would be more productive our organization had a greater social media presence.

© 2012 The Sales Management Association. All rights reserved.

Page 19: LinkedIn Social Selling Index Introduction

Introducing …..

LinkedInSocial Selling Index

@linkedinselling

Page 20: LinkedIn Social Selling Index Introduction

What goes into the LinkedIn Social Selling Index

•Brand

•Reach

•Gather Intelligence

•Contribute Insights

“Laggards”

“Tip-Toers”

“Leaders”

“100”

“0”

Page 21: LinkedIn Social Selling Index Introduction

Strengthening Brand

21

Page 22: LinkedIn Social Selling Index Introduction

Extending Reach

Page 23: LinkedIn Social Selling Index Introduction

Gathering Intelligence

2323

Page 24: LinkedIn Social Selling Index Introduction

Contributing Insights

24

Page 25: LinkedIn Social Selling Index Introduction

What goes into the LinkedIn Social Selling Index

•Brand

•Reach

•Gather Intelligence

•Contribute Insights

“Laggards”

“Tip-Toers”

“Leaders”

“100”

“0”

Page 26: LinkedIn Social Selling Index Introduction

26

How do we compare to competitors?

@linkedinselling

Page 27: LinkedIn Social Selling Index Introduction

Your Social Selling Index

27

Page 28: LinkedIn Social Selling Index Introduction

Your Social Selling Index vs. Competitors

28.9Your Social Selling Index

Page 29: LinkedIn Social Selling Index Introduction

29

How you are already using LinkedIn.

@linkedinselling

Page 30: LinkedIn Social Selling Index Introduction

Activity – Power vs. Standard

Page 31: LinkedIn Social Selling Index Introduction

Who is a LinkedIn Power User (Premium Subscriber)?

Page 32: LinkedIn Social Selling Index Introduction

LinkedInSocial Selling Index

Time to get yours!

@linkedinselling

Page 33: LinkedIn Social Selling Index Introduction

Get your LinkedIn Social Selling Index

http://linkedinsocialsellingindex.com

33

Page 34: LinkedIn Social Selling Index Introduction

© 2012. All rights reserved.© 2012. All rights reserved.

Scalable Social Selling: Real World ExamplesAnneke Seley@annekeseleyCEO, Reality Works Group, formerly Phone WorksCoauthor, Sales 2.0

Page 35: LinkedIn Social Selling Index Introduction

© 2012. All rights reserved.

Real World Results

80% of revenue

88% of pipeline

Page 36: LinkedIn Social Selling Index Introduction

© 2012. All rights reserved.

Real World Results

Order volume increased 4x.

Page 37: LinkedIn Social Selling Index Introduction

© 2012. All rights reserved.

What are their stories?

Page 38: LinkedIn Social Selling Index Introduction

© 2012. All rights reserved.

Where to start?

Who is involved?

Moving from experimentation to scalable process

Who “owns” social media for sales?

How is Social used at different sales cycle stages?

How do you get adoption from sales reps?

Discussion Questions

Page 39: LinkedIn Social Selling Index Introduction

© 2012. All rights reserved.

Over 1/3 of respondents have already used social media to engage with their vendors. 75% are likely to use social media in the purchase process in the future.

““

From 2011 TeleWeb Buyer Preference Study

Justifying Social Selling to Executives

Page 40: LinkedIn Social Selling Index Introduction

© 2012. All rights reserved.

Who Can Drive Scalable Social Selling and Results?

Inside Sales Leaders

Page 41: LinkedIn Social Selling Index Introduction

© 2012. All rights reserved.

Where to start?

Who is involved?

Moving from experimentation to scalable process

Who “owns” social media for sales?

How is Social used at different sales cycle stages?

How do you get adoption from sales reps?

What’s YOUR social selling story?

Page 42: LinkedIn Social Selling Index Introduction

Presenters

Anneke SeleyCEO, Reality Works Group (formerly Phone Works)

Coauthor, Sales 2.0www.linkedin.com/in/[email protected]

Ralf VonSosenHead of Marketing for Sales Solutions, LinkedInlinkedin.com/in/ralfvonsosen@rvonsosensales.linkedin.comLinkedinsocialsellingindex.com

Q & A


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