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Why Social Media for B2B
Social media is a valuable tool for lead generation
  • B2B companies are finding that social media sites can
    be useful for prospecting research and lead
    generation.


B2B companies showcase their expertise and
thought leadership on social media sites
  • Social media sites provide a forum to share insights
    and advice with customers. By creating original and
    exclusive content, the company can become an
    important information resource.


Integrated campaigns can be more effective than
single, stand-alone initiatives
  • B2B marketers ought to consider adding social media
    initiatives to traditional campaigns to boost their
    effectiveness
By The Numbers
How B2B is using social media:
• 78% started with informal info
  gathering
• 59% engaged with peers who
  addressed the challenge
• 48% followed industry
  conversations on topic
• 44% conducted anonymous
  research of a select group of
  vendors
• 41% followed discussions to
  learn more about topic
• 37% posted questions on social
  networking sites looking for
  suggestions and/or feedback

Source: DemandGen Report and Genius.com
CHANNELS
5 Most Effective Channels for Lead
            Generation

                    1.

                    2.

                    3.

                    4.

                    5
Source: eMarketer
BENEFITS FOR B2B
Benefits of Social for B2B
The top two benefits of
social media marketing
are increasing exposure
and increasing traffic




Source: 2012 Social Media Marketing Industry Report - SocialMediaExaminer.com
Increase Exposure   #1
•   Social media provides an array
    of new touch points for B2B
    brand executives to interact
    with prospects and customers

•   Due to two-way, real-time
    attributes, social media tools
    enable a highly personal brand
    experience for B2B customers
    and prospects

•   The convenience of social
    media allows more B2B
    executives within respective
    organizations to build
    relationships with current and
    prospective buyers...and
    partici9pate in building the
    brand
More Web Traffic                   #2
        • New content through
          blogs aimed at helping
          B2B buyers with
          solutions generates
          good will and
          increased web traffic

        • Traffic from social
          media sites is
          increasing in
          importance, especially
          with Google’s new
          search algorithms
Better Insights   #3
•   Social media can shed light on
    what your competitors up to, what
    do customers and prospects think
    of your brand and how people are
    responding to your company's
    products and pricing

•   Insights from social can also
    influence your research and
    development initiatives by
    providing real-time information
    enhancing the decision making
    process

•   Find more data on your target
    prospects’ interests, preferences,
    motivations, behavior, etc.,
    enhancing the information you
    already have
Lead Generation   #4
• 61% of U.S.
  marketers use social
  media to increase
  their lead generation
• Publishing and
  sharing content
  online is the single
  biggest lever to
  increase lead
  generation
• social proof + strong
  ties = social
  conversion
Increase Loyalty   #5
•   B2B communities are niche
    and tend to be about
    passionate experts who can
    create quality user content if
    incentivized properly

•   Programs implemented
    through social media help to
    engage loyal customers and
    facilitate brand advocates that
    can help "sell" B2B offerings
    through spreading positive
    mentions and endorsements

•   Improve customer service by
    addressing problems quickly
    and efficiently while also
    demonstrating to potential
    customers your attentiveness
    to their issues
Search Engine Optimization                            #6
              •   Social channels can increase
                  inbound links – people coming to
                  your site through a social media
                  campaign provide numerous new
                  inbound links to your site, which is
                  key to influencing search engine
                  rankings

              •   When consumers are exposed to
                  both search and social media the
                  overall search click-through rate
                  goes up by 94%

              •   Search engines pay close attention
                  to social media rankings and
                  sometimes it is easier to get noticed
                  through social media outlets than
                  search engines, which then pick up
                  on social media activity as a
                  secondary effect
Strengthening Partnerships   #7

• Through the value of
  their community
  participation, you can
  increase their standing
  and improve the
  potential of finding
  valuable partnerships

• With their newfound
  reach, you can identify
  companies with which to
  establish revenue-
  generating partnerships
Reduce Marketing Expenditures                      #8
                 • While social media requires an
                   investment of budget and
                   professional resources, it's
                   nowhere near the cost associated
                   with other media

                 • Even in tough economic climates,
                   B2Bs can afford social media
                   programs and use these
                   initiatives to gain competitive
                   advantage

                 • As the cost of each sale acquired
                   through social media is
                   significantly reduced, ROI and
                   profit margins can increase
Sales (Cycle)      #9
•   65% of a salesperson's time is spent
    not selling. Social selling tools can
    speed up sales research

•   Educating prospects throughout the
    purchasing cycle is a core role of B2B
    marketers, with social media providing
    them tremendous outlets for
    knowledge sharing that can facilitate
    faster sales cycles

•   Social media tools and platforms
    provide B2B's with new ways to
    communicate information and answer
    buyer questions about their offerings
    much more quickly.

•   In providing two-way communications,
    B2Bs not only inform prospects, but
    also build trust and credibility that can
    work to increase sales in shorter
    periods.
TOOLS
Social CRM Solutions
Social Management Solutions
Monitoring Platforms
STRATEGY
Setting a Strategy

  80% of success in social
  media is getting you or
 your organization ready --
   only 20% is about the
       technologies
Objectives
• Building better relationships with
  partners, prospects and customers
• Attracting prospective customers
  and compressing sales cycles
• Monitoring competitive positioning
  and ensuring you’re ahead
• Establishing thought leadership in
  your industry
• Building brand awareness and
  preference among decision makers
Creating a Plan
•   Align objectives
•   Listen to the conversation
•   Establish resources
•   Select channels
•   Set specific goals
•   Join the conversation
•   Integrate with off-line efforts
•   Measure
Measuring Success

•   Reach
•   Frequency & traffic
•   Influence
•   Conversations & transactions
•   Sentiment
•   Customer service resolution
•   Lead generation/conversions

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Social media & B2B

  • 1.
  • 2. Why Social Media for B2B Social media is a valuable tool for lead generation • B2B companies are finding that social media sites can be useful for prospecting research and lead generation. B2B companies showcase their expertise and thought leadership on social media sites • Social media sites provide a forum to share insights and advice with customers. By creating original and exclusive content, the company can become an important information resource. Integrated campaigns can be more effective than single, stand-alone initiatives • B2B marketers ought to consider adding social media initiatives to traditional campaigns to boost their effectiveness
  • 3. By The Numbers How B2B is using social media: • 78% started with informal info gathering • 59% engaged with peers who addressed the challenge • 48% followed industry conversations on topic • 44% conducted anonymous research of a select group of vendors • 41% followed discussions to learn more about topic • 37% posted questions on social networking sites looking for suggestions and/or feedback Source: DemandGen Report and Genius.com
  • 5. 5 Most Effective Channels for Lead Generation 1. 2. 3. 4. 5 Source: eMarketer
  • 7. Benefits of Social for B2B The top two benefits of social media marketing are increasing exposure and increasing traffic Source: 2012 Social Media Marketing Industry Report - SocialMediaExaminer.com
  • 8. Increase Exposure #1 • Social media provides an array of new touch points for B2B brand executives to interact with prospects and customers • Due to two-way, real-time attributes, social media tools enable a highly personal brand experience for B2B customers and prospects • The convenience of social media allows more B2B executives within respective organizations to build relationships with current and prospective buyers...and partici9pate in building the brand
  • 9. More Web Traffic #2 • New content through blogs aimed at helping B2B buyers with solutions generates good will and increased web traffic • Traffic from social media sites is increasing in importance, especially with Google’s new search algorithms
  • 10. Better Insights #3 • Social media can shed light on what your competitors up to, what do customers and prospects think of your brand and how people are responding to your company's products and pricing • Insights from social can also influence your research and development initiatives by providing real-time information enhancing the decision making process • Find more data on your target prospects’ interests, preferences, motivations, behavior, etc., enhancing the information you already have
  • 11. Lead Generation #4 • 61% of U.S. marketers use social media to increase their lead generation • Publishing and sharing content online is the single biggest lever to increase lead generation • social proof + strong ties = social conversion
  • 12. Increase Loyalty #5 • B2B communities are niche and tend to be about passionate experts who can create quality user content if incentivized properly • Programs implemented through social media help to engage loyal customers and facilitate brand advocates that can help "sell" B2B offerings through spreading positive mentions and endorsements • Improve customer service by addressing problems quickly and efficiently while also demonstrating to potential customers your attentiveness to their issues
  • 13. Search Engine Optimization #6 • Social channels can increase inbound links – people coming to your site through a social media campaign provide numerous new inbound links to your site, which is key to influencing search engine rankings • When consumers are exposed to both search and social media the overall search click-through rate goes up by 94% • Search engines pay close attention to social media rankings and sometimes it is easier to get noticed through social media outlets than search engines, which then pick up on social media activity as a secondary effect
  • 14. Strengthening Partnerships #7 • Through the value of their community participation, you can increase their standing and improve the potential of finding valuable partnerships • With their newfound reach, you can identify companies with which to establish revenue- generating partnerships
  • 15. Reduce Marketing Expenditures #8 • While social media requires an investment of budget and professional resources, it's nowhere near the cost associated with other media • Even in tough economic climates, B2Bs can afford social media programs and use these initiatives to gain competitive advantage • As the cost of each sale acquired through social media is significantly reduced, ROI and profit margins can increase
  • 16. Sales (Cycle) #9 • 65% of a salesperson's time is spent not selling. Social selling tools can speed up sales research • Educating prospects throughout the purchasing cycle is a core role of B2B marketers, with social media providing them tremendous outlets for knowledge sharing that can facilitate faster sales cycles • Social media tools and platforms provide B2B's with new ways to communicate information and answer buyer questions about their offerings much more quickly. • In providing two-way communications, B2Bs not only inform prospects, but also build trust and credibility that can work to increase sales in shorter periods.
  • 17. TOOLS
  • 22. Setting a Strategy 80% of success in social media is getting you or your organization ready -- only 20% is about the technologies
  • 23. Objectives • Building better relationships with partners, prospects and customers • Attracting prospective customers and compressing sales cycles • Monitoring competitive positioning and ensuring you’re ahead • Establishing thought leadership in your industry • Building brand awareness and preference among decision makers
  • 24. Creating a Plan • Align objectives • Listen to the conversation • Establish resources • Select channels • Set specific goals • Join the conversation • Integrate with off-line efforts • Measure
  • 25. Measuring Success • Reach • Frequency & traffic • Influence • Conversations & transactions • Sentiment • Customer service resolution • Lead generation/conversions