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5 Steps to Tactical
Social Selling
with Jonathan Catley
and Koka Sexton
Webinar Speakers

           Jonathan Catley
           Digital Content and Marketing Manager to AG Salesworks.
           Jonathan has worked for AG Salesworks for two years
           assisting other companies in closed loop marketing and
           executing strategic B2B sales programs.

           @jonathancatley
Webinar Speakers

           Koka Sexton
           Founder of Social Selling University and Director of Social
           Media Strategy at InsideView

           @kokasexton
A word to the wise…

       Interact with the Social
       Selling Team


       Sign up for Social Selling University

       Slides and Recording will be
       delivered tomorrow
Agenda

1.   Understanding the Social Selling Basics
2.   What Social Selling Tools Should I Use?
3.   Social Selling Prospecting
4.   Social Selling Nurturing
5.   The ROI of Social Selling - Social Selling Case Studies

 #socialtalk
What is Social Selling?

STEP 1. UNDERSTANDING SOCIAL SELLING
BASICS
What is Social Selling?
    Today’s buyers are web and social media savvy, they are informed about
    your offering – and your competitors’ – and they are starting the sales
    process without you.

    Through social selling, sales reps use the power of social media to
    understand their prospects’ needs, and actively seek the right
    person, with the right message at the right time




 #socialtalk
Who in B2B is on Social Media?

60% of B2B decision makers use social media
                  75% of B2B buyers will likely use social
                  media in the purchase process
55% of B2B survey respondents
conduct searches for information on
social media sites
  #socialtalk
Twitter reaches 1 in 10
What are the                                global online users

social media
                                            1 in 5 min spent
numbers?                                     online is spent
                                            social networking
                                                                        Social networking
                                                                        reaches 82% of
                                                                       world population


 We now create as much information every two days
                                                                    1.2 billion users
                                                                        worldwide
 #socialtalk did from the dawn of civilization to 2003
    as we
            ERIC SCHMIDT - FORMER GOOGLE CEO, 2011
The Three Pillars of Social Selling
1. Listen
2. Build your brand
3. Know your client

                                      “How about this, lets just call it
                                          selling – but better.”
                                            -Craig Rosenberg
 #socialtalk
Why calculating social selling ROI is hard
• No clear boundaries between “selling” and “social
  selling”

• Many of the social selling tenets are selling best
  practices

• Social is not a direct response activity (hard to track)
 “What's the financial return on electricity?”
 – Andy Rudin; Outside Technologies
  #socialtalk
Powerful Tools for Executing Social Selling

STEP 2. WHAT SOCIAL SELLING TOOLS
SHOULD I USE?
What can InsideView be
used for?

•    Lead Generation – Build Lists
•    Listening – Create Watchlists of
     Your Prospects
•    Social Insights
                               Build targeted
                                   lists of
                                Prospects!

    #socialtalk
                                                InsideView Screenshot
What can SproutSocial be
used for?
•    Lead Generation – use the
     discovery tab to find people
     within your network
•    Social Analytics – in-depth
     analytics of your social network
•    Deep Social Insights
                                        SproutSocial Screenshot

    #socialtalk
What can Hootsuite be used
for?

•    Listening – build streams of
     specific hashtags and people
•    Bulk Scheduler – you can’t be
     tweeting all of the time…
•    Easy to multi-task with social
     media
    #socialtalk
                                      Hootsuite Screenshot
Where do you find these leads through social selling?

STEP 3. SOCIAL SELLING PROSPECTING
Social Prospecting
• Stat: 79% of European and 86% of U.S. online adults engage with social
  media. (Source: Forrester)

• Stat: 82% of the world’s online population is reached by social networking
  sites, representing 1.2 billion users around the world. (Source: comScore)

• Stat: LinkedIn boasts more than 150 million members, including executives
  from all Fortune 500 companies. (Source: LinkedIn)

• Stat: Nearly 1 in every 5 minutes spent online around the world is now
  spent on social networking sites. (Source:ComScore)
  #socialtalk
Social Prospecting

• What is it?
• Stat: Research shows that 35-50% of sales go to the vendor
  that responds first. (Source: InsideSales.com)
• Stat: Sirius Decisions states that 70% of the buyers journey is
  complete before sales gets involved.


  #socialtalk
Why Social Prospecting




 #socialtalk
A$" , *& #! # T5- % 5' =$74'
                              20(0$*< !=%
                        &% (4*#      !                         !) %
                                                                  $!5- 4!4#$% 6
                                                                            $!4) 8.*9!5*6
                                                                                        .*$U!
                S ' !: 5% $!75: =) *.$' !) *+!$: =6
                                                  5E$$' !6
                                                         $<$% 9$!4556 !6
                                                              )       ' .8$!"3 .44$% !
                                                                                    !>5%
                75: : - *.7) 4.5*(!E5- !#) <$!4#$!5==5% *.4E!45!9$4!) !+.% .*$!5>!' .9#4!5*!
                                                         4-                $74!6
Social Prospecting – How??
                3 #) 4&!#) ==$*.*9!3 .4#.*!4#$.% 5%+' 0
                        '                          !3 6 !"#$!5*6  E!4#.*9!4#) 4!) 653 ' !' ) 6 !=$5=6
                45!- *+$%4) *+!4#$.% ' 45: $%!5*!4#.' !6 !3 .4#5- 4!; $75: .*9!>%
                            '           !7-       '         $<$6
                                                                                  6          $'         $!
                                                                                        .$*+' !.' !' 57.) 6
                                                                                                          !
                : $+.) 0  !

1. Monitor      T5- % 5' =$74' !) % 4!4#$% 6
                    !=%           $!5-   $!4) 8.*9!5*6 !
                                                     .*$U

                                                                                        !
2. Listen                       !
                                                                                        !

3. Engage                       !
                !
                !
         Always be
         listening!
Social Prospecting – LinkedIn Updates




 #socialtalk
Social Prospecting – DON’Ts



                                                                DO NOT BE SALESY!!!
                                                                 This is an immediate
                                                                turnoff to prospects –
                                                                establish yourself as a
                                   Company name                    trusted advisor


 Work to engage with
                                                             Under no
  the prospect – don’t
                            Name                       circumstances should
 provide a link that will
                                      Provided Link   you ever say “RE$ULTS”
lead them to no where


         #socialtalk
Social Prospecting – DOs
   Contact a friendly             “On the ground of
 customer of yours to                intersecting
help with the discussion         highways, join hands
                                   with your allies.”

                                           -Sun Tzu


                              Work to engage with
                                the prospect.

                               A prospect will run at
NOT SALESY – answers          the first sign of a sales
 the question without                   pitch.
 dropping a sales line


        #socialtalk
Social Prospecting - Twitter

• Lists
• Prospects, Customers, Competitors, Companies (grouped with
  all employees)
• Keyword searches
• Monitor for Trigger Events


 #socialtalk
Social Prospecting – Why?




 #socialtalk
Now that I am engaged, how do I nurture the lead?

STEP 4. SOCIAL SELLING NURTURING
Social Nurturing

•    You are a Customer advocate
•    Initiate Conversation
•    Expert in your field
•    Utilize multiple internal departments
     for external dialogue (R&D, customer
     service, human resources, product
     management, and marketing)
    #socialtalk
Social Nurturing - Communities




 #socialtalk
Social Nurturing – Monitor Trigger Events

Sales trigger events may include:
• Management Changes
• Mergers and Acquisitions
• Social Networking/marketing comments
• New Partnerships
• Funding or Financing
• Expansions or Relocations
                                         InsideView Screenshot

 #socialtalk
Social Nurturing – Social Scoring




 #socialtalk
Social Nurturing
“When I first started tweeting, I had no brand recognition; no one knew who I was.
To build my brand, I started creating conversations around what I cared passionately
about: wine. I used Search.Twitter (called Summarize.com back then) to find
mentions of Chardonnay. I saw that people had questions, and I answered them. I
didn’t post a link to WineLibrary.com and point out that I sold Chardonnay.

If people mentioned that they were drinking Merlot, I gave them my Merlot
recommendation, but I didn’t mention that they could buy Merlot on my website. I
didn’t try to close too early, like a nineteen-year-old guy; I made sure to invest in the
relationship first.

Eventually, people started to see my comments and think, “Oh hey, it’s that
Vaynerchuk guy; he knows Chardonnay. Oh cool, he does a wine show – let’s take a
look. Hey, he’s funny. I like him; I trust him. And check it out: he sells wine, too. Free   Gary Vaynerchuk
shipping? Let’s try a bottle of that…”                                                       The Thank You Economy


That’s what caring first, not selling, first looks like and that’s
how I built my brand.”
    #socialtalk
Real Social Selling case studies with real results

STEP 5. THE ROI OF SOCIAL SELLING
Social Selling from Shenzhen City
                         “If you can’t make money on LinkedIn, you’re deaf,
                         dumb and blind.” – James Filbird
 •       James Filbird, owner of an international trading company called JMF
         International Trading Group in China

 •       No marketing budget – turned to LinkedIn

 •       Filbird spent 1-2 hours daily building his network through LinkedIn
         Groups

 •       Used LinkedIn to develop his network and leads through connections
         and LinkedIn Groups

 •       Filbird grew his company to $5 million in annual revenue and finds 75%
         of his business via LinkedIn

     #socialtalk
ecycler.com Uses Social Selling with Twitter
to Eliminate Cold Calling
                  “We were reaching people when they wanted to be reached, when they want to
                       have a conversation = not when we wanted to have a conversation.”
                              -Craig Robertson, co-founder and CEO of ecycler.com

•    Founded in 2009, ecycler is an Internet-age spin-off of the cash-for-cans concept – “One man’s trash is
     another man’s treasure.”
•    No marketing budget with a very specific targeted audience – originally spent a lot of time cold calling or
     direct emailing with very poor results
•    The founders decided to build awareness among businesses and individuals through social media –
     mainly Twitter
•    On average the company lands one meeting per week with potential partners through Twitter
•    In a 3-month challenge, ecycler.com added 151 collectors and 623 discarders

    #socialtalk
Using Hootsuite to Become a Trusted Advisor -
Why Doctors are Tweeting During Surgery
                      “I think it’s a unique opportunity to explore innovative
                     ways to communicate with patients and alleviative fears
                         they may have about joint-replacement surgery,”
                                             -Dr. Wallskog
 •      Dr. Joel Wallskog, an orthopedic surgeon at Aurora Health
        Care used Live Tweeting while conducting orthopedic
        surgery
 •      Established themselves as thought leaders and trusted
        advisors in the industry
 •      15% conversion rate from lead to customer using live
                                                                                                     Customer
        Tweeting during orthopedic surgery

     #socialtalk
                       http://www.socialsellingu.com/blog/why-doctors-are-tweeting-during-surgery/
Sales reps that achieved their quota over the
last calendar or fiscal year:
   Sales Reps that use Social Selling
                                                                                            79%
   Industry Average
                                                                                     43%
   Sales Reps that DID NOT use Social Selling
                           15%
#socialtalk
              "Social Selling: Best-in-Class Targeting of the Right Message, at the Right
              Time, for the Right Person" Aberdeen Group; 2012.
Any Questions??


#socialtalk

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5 Steps to Tactical Social Selling

  • 1. 5 Steps to Tactical Social Selling with Jonathan Catley and Koka Sexton
  • 2. Webinar Speakers Jonathan Catley Digital Content and Marketing Manager to AG Salesworks. Jonathan has worked for AG Salesworks for two years assisting other companies in closed loop marketing and executing strategic B2B sales programs. @jonathancatley
  • 3. Webinar Speakers Koka Sexton Founder of Social Selling University and Director of Social Media Strategy at InsideView @kokasexton
  • 4. A word to the wise… Interact with the Social Selling Team Sign up for Social Selling University Slides and Recording will be delivered tomorrow
  • 5. Agenda 1. Understanding the Social Selling Basics 2. What Social Selling Tools Should I Use? 3. Social Selling Prospecting 4. Social Selling Nurturing 5. The ROI of Social Selling - Social Selling Case Studies #socialtalk
  • 6. What is Social Selling? STEP 1. UNDERSTANDING SOCIAL SELLING BASICS
  • 7. What is Social Selling? Today’s buyers are web and social media savvy, they are informed about your offering – and your competitors’ – and they are starting the sales process without you. Through social selling, sales reps use the power of social media to understand their prospects’ needs, and actively seek the right person, with the right message at the right time #socialtalk
  • 8. Who in B2B is on Social Media? 60% of B2B decision makers use social media 75% of B2B buyers will likely use social media in the purchase process 55% of B2B survey respondents conduct searches for information on social media sites #socialtalk
  • 9. Twitter reaches 1 in 10 What are the global online users social media 1 in 5 min spent numbers? online is spent social networking Social networking reaches 82% of world population We now create as much information every two days 1.2 billion users worldwide #socialtalk did from the dawn of civilization to 2003 as we ERIC SCHMIDT - FORMER GOOGLE CEO, 2011
  • 10. The Three Pillars of Social Selling 1. Listen 2. Build your brand 3. Know your client “How about this, lets just call it selling – but better.” -Craig Rosenberg #socialtalk
  • 11. Why calculating social selling ROI is hard • No clear boundaries between “selling” and “social selling” • Many of the social selling tenets are selling best practices • Social is not a direct response activity (hard to track) “What's the financial return on electricity?” – Andy Rudin; Outside Technologies #socialtalk
  • 12. Powerful Tools for Executing Social Selling STEP 2. WHAT SOCIAL SELLING TOOLS SHOULD I USE?
  • 13. What can InsideView be used for? • Lead Generation – Build Lists • Listening – Create Watchlists of Your Prospects • Social Insights Build targeted lists of Prospects! #socialtalk InsideView Screenshot
  • 14. What can SproutSocial be used for? • Lead Generation – use the discovery tab to find people within your network • Social Analytics – in-depth analytics of your social network • Deep Social Insights SproutSocial Screenshot #socialtalk
  • 15. What can Hootsuite be used for? • Listening – build streams of specific hashtags and people • Bulk Scheduler – you can’t be tweeting all of the time… • Easy to multi-task with social media #socialtalk Hootsuite Screenshot
  • 16. Where do you find these leads through social selling? STEP 3. SOCIAL SELLING PROSPECTING
  • 17. Social Prospecting • Stat: 79% of European and 86% of U.S. online adults engage with social media. (Source: Forrester) • Stat: 82% of the world’s online population is reached by social networking sites, representing 1.2 billion users around the world. (Source: comScore) • Stat: LinkedIn boasts more than 150 million members, including executives from all Fortune 500 companies. (Source: LinkedIn) • Stat: Nearly 1 in every 5 minutes spent online around the world is now spent on social networking sites. (Source:ComScore) #socialtalk
  • 18. Social Prospecting • What is it? • Stat: Research shows that 35-50% of sales go to the vendor that responds first. (Source: InsideSales.com) • Stat: Sirius Decisions states that 70% of the buyers journey is complete before sales gets involved. #socialtalk
  • 19. Why Social Prospecting #socialtalk
  • 20. A$" , *& #! # T5- % 5' =$74' 20(0$*< !=% &% (4*# ! !) % $!5- 4!4#$% 6 $!4) 8.*9!5*6 .*$U! S ' !: 5% $!75: =) *.$' !) *+!$: =6 5E$$' !6 $<$% 9$!4556 !6 ) ' .8$!"3 .44$% ! !>5% 75: : - *.7) 4.5*(!E5- !#) <$!4#$!5==5% *.4E!45!9$4!) !+.% .*$!5>!' .9#4!5*! 4- $74!6 Social Prospecting – How?? 3 #) 4&!#) ==$*.*9!3 .4#.*!4#$.% 5%+' 0 ' !3 6 !"#$!5*6 E!4#.*9!4#) 4!) 653 ' !' ) 6 !=$5=6 45!- *+$%4) *+!4#$.% ' 45: $%!5*!4#.' !6 !3 .4#5- 4!; $75: .*9!>% ' !7- ' $<$6 6 $' $! .$*+' !.' !' 57.) 6 ! : $+.) 0 ! 1. Monitor T5- % 5' =$74' !) % 4!4#$% 6 !=% $!5- $!4) 8.*9!5*6 ! .*$U ! 2. Listen ! ! 3. Engage ! ! ! Always be listening!
  • 21. Social Prospecting – LinkedIn Updates #socialtalk
  • 22. Social Prospecting – DON’Ts DO NOT BE SALESY!!! This is an immediate turnoff to prospects – establish yourself as a Company name trusted advisor Work to engage with Under no the prospect – don’t Name circumstances should provide a link that will Provided Link you ever say “RE$ULTS” lead them to no where #socialtalk
  • 23. Social Prospecting – DOs Contact a friendly “On the ground of customer of yours to intersecting help with the discussion highways, join hands with your allies.” -Sun Tzu Work to engage with the prospect. A prospect will run at NOT SALESY – answers the first sign of a sales the question without pitch. dropping a sales line #socialtalk
  • 24. Social Prospecting - Twitter • Lists • Prospects, Customers, Competitors, Companies (grouped with all employees) • Keyword searches • Monitor for Trigger Events #socialtalk
  • 25. Social Prospecting – Why? #socialtalk
  • 26. Now that I am engaged, how do I nurture the lead? STEP 4. SOCIAL SELLING NURTURING
  • 27. Social Nurturing • You are a Customer advocate • Initiate Conversation • Expert in your field • Utilize multiple internal departments for external dialogue (R&D, customer service, human resources, product management, and marketing) #socialtalk
  • 28. Social Nurturing - Communities #socialtalk
  • 29. Social Nurturing – Monitor Trigger Events Sales trigger events may include: • Management Changes • Mergers and Acquisitions • Social Networking/marketing comments • New Partnerships • Funding or Financing • Expansions or Relocations InsideView Screenshot #socialtalk
  • 30. Social Nurturing – Social Scoring #socialtalk
  • 31. Social Nurturing “When I first started tweeting, I had no brand recognition; no one knew who I was. To build my brand, I started creating conversations around what I cared passionately about: wine. I used Search.Twitter (called Summarize.com back then) to find mentions of Chardonnay. I saw that people had questions, and I answered them. I didn’t post a link to WineLibrary.com and point out that I sold Chardonnay. If people mentioned that they were drinking Merlot, I gave them my Merlot recommendation, but I didn’t mention that they could buy Merlot on my website. I didn’t try to close too early, like a nineteen-year-old guy; I made sure to invest in the relationship first. Eventually, people started to see my comments and think, “Oh hey, it’s that Vaynerchuk guy; he knows Chardonnay. Oh cool, he does a wine show – let’s take a look. Hey, he’s funny. I like him; I trust him. And check it out: he sells wine, too. Free Gary Vaynerchuk shipping? Let’s try a bottle of that…” The Thank You Economy That’s what caring first, not selling, first looks like and that’s how I built my brand.” #socialtalk
  • 32. Real Social Selling case studies with real results STEP 5. THE ROI OF SOCIAL SELLING
  • 33. Social Selling from Shenzhen City “If you can’t make money on LinkedIn, you’re deaf, dumb and blind.” – James Filbird • James Filbird, owner of an international trading company called JMF International Trading Group in China • No marketing budget – turned to LinkedIn • Filbird spent 1-2 hours daily building his network through LinkedIn Groups • Used LinkedIn to develop his network and leads through connections and LinkedIn Groups • Filbird grew his company to $5 million in annual revenue and finds 75% of his business via LinkedIn #socialtalk
  • 34. ecycler.com Uses Social Selling with Twitter to Eliminate Cold Calling “We were reaching people when they wanted to be reached, when they want to have a conversation = not when we wanted to have a conversation.” -Craig Robertson, co-founder and CEO of ecycler.com • Founded in 2009, ecycler is an Internet-age spin-off of the cash-for-cans concept – “One man’s trash is another man’s treasure.” • No marketing budget with a very specific targeted audience – originally spent a lot of time cold calling or direct emailing with very poor results • The founders decided to build awareness among businesses and individuals through social media – mainly Twitter • On average the company lands one meeting per week with potential partners through Twitter • In a 3-month challenge, ecycler.com added 151 collectors and 623 discarders #socialtalk
  • 35. Using Hootsuite to Become a Trusted Advisor - Why Doctors are Tweeting During Surgery “I think it’s a unique opportunity to explore innovative ways to communicate with patients and alleviative fears they may have about joint-replacement surgery,” -Dr. Wallskog • Dr. Joel Wallskog, an orthopedic surgeon at Aurora Health Care used Live Tweeting while conducting orthopedic surgery • Established themselves as thought leaders and trusted advisors in the industry • 15% conversion rate from lead to customer using live Customer Tweeting during orthopedic surgery #socialtalk http://www.socialsellingu.com/blog/why-doctors-are-tweeting-during-surgery/
  • 36. Sales reps that achieved their quota over the last calendar or fiscal year: Sales Reps that use Social Selling 79% Industry Average 43% Sales Reps that DID NOT use Social Selling 15% #socialtalk "Social Selling: Best-in-Class Targeting of the Right Message, at the Right Time, for the Right Person" Aberdeen Group; 2012.