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Tools         Technology   Networks




                Gener at ing Leads t hrSocial
                Generating Leads through
                                         ough
                Social Net wor king
                Networking
                Mike Watson – Director
                Sound Solutions Marketing




© Mike Watson
Presentation Overview

  • Brief Introduction to social networking
  • Developing a social networking strategy for
    your business
  • How it should link with your sales process
  • A model for lead generation
  • Applying social networks to sales and
    marketing
  • Creating a social network implementation
    plan
  • The benefits of social networking for business
  • Six steps to success in social network lead
    generation


© Mike Watson
A Definition of Social Media

  • A social network service focuses on building online
    communities of people who share interests and/or
    activities, or who are interested in exploring the interests
    and activities of others. Most social network services are
    web based and provide a variety of ways for users to
    interact, such as e-mail and instant messaging services.

  • Social networking has encouraged new ways to
    communicate and share information. Social networking
    websites are being used regularly by millions of people.



© Mike Watson
The Issue of Terminology

  • Generating leads in social networking parlance also
    means:
        –       Making friends
        –       Linking with colleagues
        –       Building communities
        –       Connecting with groups
        –       Finding target profiles
        –       And MOREOVER requires no blatant selling




© Mike Watson
Is there an opportunity?

  • Where does this leave businesses looking for
    sales opportunities:
        – Old school marketing principles have been
          challenged
        – The social web requires new thinking, tools and
          techniques
        – First you must develop a strategic platform for
          understanding the opportunities and costs for
          generating business from social networking



© Mike Watson
How well do you
    Lead Generation in the Digital Landscapedata?
 Contact Data                              Prospects
                                     manage your
 Management
                              Customers                 New Data

                                           Database
                                          CRM System
                               Direct
                                                                                         Do your markets
                                                       Telemarketing
                                Mail                                                respond to traditional
                                                                         Sales
   Campaigns    Advertising                 Email
                                                                         Force
                                                                                      sales & marketing?
                               E- Shots
                                                        E-Surveys
                                                                                            Is your digital
                               E-News
                                            Mobile
                                                                                     marketing effective?
                                           Marketing
                                                         Content
                              Key Words
                                                           RSS

    Website        SEO
                                            Your
                                                                       Microsites
                                                                                          Is your website
                                           Website
                                                                                           optimised and
                                 SEM                 Chat/Call me                             up-to-date?
                                            User
                 Analytics                Generated                    Links out
                                           Content
                               Online
     The                                                  Links
                             Advertising
  World Wide
                  Online                    Social                      Affiliate        Is your business
     Web        Directories                Networks                    Marketing
                                                                                              connected?

© Mike Watson
How well do you
    Lead Generation in the Digital Landscapedata?
 Contact Data                              Prospects
                                     manage your
 Management
                              Customers                 New Data

                                           Database
                                          CRM System
                               Direct
                                                                                         Do your markets
                                                       Telemarketing
                                Mail                                                respond to traditional
                                                                         Sales
   Campaigns    Advertising                 Email
                                                                         Force
                                                                                      sales & marketing?
                               E- Shots
                                                        E-Surveys
                                                                                            Is your digital
                               E-News
                                            Mobile
                                                                                     marketing effective?
                                           Marketing
                                                         Content
                              Key Words
                                                           RSS

    Website        SEO
                                            Your
                                                                       Microsites
                                                                                          Is your website
                                           Website
                                                                                           optimised and
                                 SEM                 Chat/Call me                             up-to-date?
                                            User
                 Analytics                Generated                    Links out
                                           Content
                               Online
     The                                                  Links
                             Advertising
  World Wide
                  Online                    Social                      Affiliate        Is your business
     Web        Directories                Networks                    Marketing
                                                                                              connected?

© Mike Watson
Lead Generation in Social Networking Context

 Engagement Tools    Lead Funnel                Content
               Universe of Opportunities
 Networks                                      Hot Topics
 Members
                         Suspects               Research
 Friends                 Prospects              Products
 Groups                  Enquiries               Services
 Blogs/Forums                                  Innovation
                        Customers
 Events                                               News
                        Advocates
 Building Communities                          Campaigns
 Creating Dialogue

                           Data
                          Capture
© Mike Watson
Developing a
                                   What’s the buzz?
  Developing
Social Networking         a Social Networking BusinessBusiness Development
                                   Network reviews,
                                                        Strategy
Business Strategy                             Topics, Key words                              Market Research
                                                                                           Product Innovation
                                                                                        Channel Development
 Agility and ability to meet                                                                Sales Force Mgmt
 changing market                                                                          Thought Leadership
 needs and emerging                              Opportunity                           Campaigns/Promotions
                                                  Research
 technologies where relevant
                                    Network                       Network
                                  Development                    Objectives
                                                   Social
                 Analysis & ROI                   Network                                 Resources
                                                  Strategy
                                   Network                        Content
                                   Creation                      Production
 User-generated-content
 Recruiting members                                Network                                 Branding & Design
 Managing members                                Participation                   Message development & copy
 Content programme                                                                       Photography & Video
 Impact on business                                                           Departmental and personal roles
 Cost v benefits
                                               Observing,
                                          taking part, leading,
                                        groups, profiles, events,
                                              forums, blogs


 © Mike Watson
Developing a
                                          Lead Generation,
Your Sales      Developing Your Sales Strategy Solution
                                         Lead Qualification,
                                            Possible
Contact Strategy                           Pipeline Mgmt,                              Statement,
                                                SWOT                          Features & Benefits,
                                                                               Prospect Research:
Proposals                                                                        Line of business,
Presentations                                      Lead                     products and services,
Closing                                           Review                      people, presence on
Up Selling                                                                         social networks
Cross Selling                        Gaining                     First
                                   Commitment                   Meeting

                 The Sales Cycle                   Sales                    Market/Client Needs
                                                 Strategy
                                                               Discussing
                                    Managing
                                                                 Need
                                    Feedback
Positive Feedback:                                               Areas
Buying signals                                  Developing                        Open Questions
Negative Feedback:                             Conversations                     Closed Questions
Objections,                                                                            Needs map
Misunderstandings,
Drawbacks                                        Authority,
Testimonials                                   Buying Group,
                                                Timescales,
                                                  Budget

© Mike Watson
Connecting Sales Strategy to Network Activities


                    Lead                                               Opportunity
                   Review                                               Research

     Gaining                      First                    Network                    Network
   Commitment                    Meeting                 Development                  Options
                                                                         Social
                    Sales
                  Strategy
                                             Alignment                  Network
                                                                        Strategy
                                Discussing
     Managing                                             Network                     Content
                                  Need
     Feedback                                             Creation                   Production
                                  Areas
                 Developing                                            Network
                Conversations                                        Participation

                              In other words:
    Ensure social networking supports the sales and marketing process.
    Even better: Ensure sales & marketing use social networking sites,
  tools and technologies to help the organisation achieve its objectives.

© Mike Watson
Social Network Application Areas for Sales & Marketing
                                       Sales

                    Personal                     Account
                   Networking                  Management
                  (Lead Generation)
                                                 Channel
                    Business                   Development
                  Development
                                                Customer
                   RFP Support                   Service
     New                                                      Customers
     Business   Campaigns/Promos                Customer
                   (Lead Generation)
                                                Research
                Brand/Corporate                 Customer
                   Networking                  Satisfaction
                   (Lead Generation)
                     Product                      News
                  Development                    Advisory
                 Market Research                  Panels



© Mike Watson
© Mike Watson                      Marketing
Examples of Social Networks Applied to Sales & Marketing e.g.
                               Sales

                   Personal                 Customer
                  Networking                 Support

                                             Bespoke
                                           Collaboration
                                             Network

                                 Sales &
     New                       Marketing                   Customers
     Business                   Intranet
                Brand/Corporate
                   Networking                Customer
                                            Research &
                                           Development




© Mike Watson
© Mike Watson              Marketing
Social Networking Implementation Plan: Key Elements

 Business            Possible
                                        Roles &
 Needs &             Networks
                                        Resources
 Goals               & Platforms



                                        Launch,
 Product &           Best
                                        Recruit &
 Service             Practice
                                        Promote
 Focus               Examples
                                        Plan



 Target              Keywords &         Content
 Audience            Tags for           Production
 Profile             Search             Plan



                     Key
                                        Analysis &
 Timescales          Competitors
                                        Development
                     & Activity



© Mike Watson
The Benefits of Social Networking


1. Build connections and gain new customers
2. Boost brand equity and create a stronger reputation
3. Establish and build quality customer relationships
4. Position yourself as a leader in your industry and Subject
   Matter Expert
5. Create high-quality links to your website to boost SEO




© Mike Watson
Summary – Six Key Steps to Success in Generating Leads
  through Social Networking


1. Carry-out research to find your customers in the social media space
   and be there too
2. Develop a social networking strategy document ensuring the strategy
   links with your current marketing and sales activity and business goals
3. Marketing: Focus on ‘thought-leadership’ and your USPs to carve out
   niche customer segments. Allocate marketing budget and resources to
   ensure strategy is sustainable. Consider outsourcing
4. Sales: Utilise ‘give-to-get’ philosophy to build profitable relationships
5. Plan and prepare to provide content that is relevant and in demand
   and build your own customised network when ready
6. Grow your networking activities based on successes, market trends in
   your space and analysis

© Mike Watson
Tools          Technology     Networks




                Contact Details:
                Mike Watson - Director
                mike.watson@soundsolutions.co.uk
                07767 383914
                + 44 (0) 1494 883163




© Mike Watson

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Generating Leads Through Social Networking For Slide Share

  • 1. Tools Technology Networks Gener at ing Leads t hrSocial Generating Leads through ough Social Net wor king Networking Mike Watson – Director Sound Solutions Marketing © Mike Watson
  • 2. Presentation Overview • Brief Introduction to social networking • Developing a social networking strategy for your business • How it should link with your sales process • A model for lead generation • Applying social networks to sales and marketing • Creating a social network implementation plan • The benefits of social networking for business • Six steps to success in social network lead generation © Mike Watson
  • 3. A Definition of Social Media • A social network service focuses on building online communities of people who share interests and/or activities, or who are interested in exploring the interests and activities of others. Most social network services are web based and provide a variety of ways for users to interact, such as e-mail and instant messaging services. • Social networking has encouraged new ways to communicate and share information. Social networking websites are being used regularly by millions of people. © Mike Watson
  • 4. The Issue of Terminology • Generating leads in social networking parlance also means: – Making friends – Linking with colleagues – Building communities – Connecting with groups – Finding target profiles – And MOREOVER requires no blatant selling © Mike Watson
  • 5. Is there an opportunity? • Where does this leave businesses looking for sales opportunities: – Old school marketing principles have been challenged – The social web requires new thinking, tools and techniques – First you must develop a strategic platform for understanding the opportunities and costs for generating business from social networking © Mike Watson
  • 6. How well do you Lead Generation in the Digital Landscapedata? Contact Data Prospects manage your Management Customers New Data Database CRM System Direct Do your markets Telemarketing Mail respond to traditional Sales Campaigns Advertising Email Force sales & marketing? E- Shots E-Surveys Is your digital E-News Mobile marketing effective? Marketing Content Key Words RSS Website SEO Your Microsites Is your website Website optimised and SEM Chat/Call me up-to-date? User Analytics Generated Links out Content Online The Links Advertising World Wide Online Social Affiliate Is your business Web Directories Networks Marketing connected? © Mike Watson
  • 7. How well do you Lead Generation in the Digital Landscapedata? Contact Data Prospects manage your Management Customers New Data Database CRM System Direct Do your markets Telemarketing Mail respond to traditional Sales Campaigns Advertising Email Force sales & marketing? E- Shots E-Surveys Is your digital E-News Mobile marketing effective? Marketing Content Key Words RSS Website SEO Your Microsites Is your website Website optimised and SEM Chat/Call me up-to-date? User Analytics Generated Links out Content Online The Links Advertising World Wide Online Social Affiliate Is your business Web Directories Networks Marketing connected? © Mike Watson
  • 8. Lead Generation in Social Networking Context Engagement Tools Lead Funnel Content Universe of Opportunities Networks Hot Topics Members Suspects Research Friends Prospects Products Groups Enquiries Services Blogs/Forums Innovation Customers Events News Advocates Building Communities Campaigns Creating Dialogue Data Capture © Mike Watson
  • 9. Developing a What’s the buzz? Developing Social Networking a Social Networking BusinessBusiness Development Network reviews, Strategy Business Strategy Topics, Key words Market Research Product Innovation Channel Development Agility and ability to meet Sales Force Mgmt changing market Thought Leadership needs and emerging Opportunity Campaigns/Promotions Research technologies where relevant Network Network Development Objectives Social Analysis & ROI Network Resources Strategy Network Content Creation Production User-generated-content Recruiting members Network Branding & Design Managing members Participation Message development & copy Content programme Photography & Video Impact on business Departmental and personal roles Cost v benefits Observing, taking part, leading, groups, profiles, events, forums, blogs © Mike Watson
  • 10. Developing a Lead Generation, Your Sales Developing Your Sales Strategy Solution Lead Qualification, Possible Contact Strategy Pipeline Mgmt, Statement, SWOT Features & Benefits, Prospect Research: Proposals Line of business, Presentations Lead products and services, Closing Review people, presence on Up Selling social networks Cross Selling Gaining First Commitment Meeting The Sales Cycle Sales Market/Client Needs Strategy Discussing Managing Need Feedback Positive Feedback: Areas Buying signals Developing Open Questions Negative Feedback: Conversations Closed Questions Objections, Needs map Misunderstandings, Drawbacks Authority, Testimonials Buying Group, Timescales, Budget © Mike Watson
  • 11. Connecting Sales Strategy to Network Activities Lead Opportunity Review Research Gaining First Network Network Commitment Meeting Development Options Social Sales Strategy Alignment Network Strategy Discussing Managing Network Content Need Feedback Creation Production Areas Developing Network Conversations Participation In other words: Ensure social networking supports the sales and marketing process. Even better: Ensure sales & marketing use social networking sites, tools and technologies to help the organisation achieve its objectives. © Mike Watson
  • 12. Social Network Application Areas for Sales & Marketing Sales Personal Account Networking Management (Lead Generation) Channel Business Development Development Customer RFP Support Service New Customers Business Campaigns/Promos Customer (Lead Generation) Research Brand/Corporate Customer Networking Satisfaction (Lead Generation) Product News Development Advisory Market Research Panels © Mike Watson © Mike Watson Marketing
  • 13. Examples of Social Networks Applied to Sales & Marketing e.g. Sales Personal Customer Networking Support Bespoke Collaboration Network Sales & New Marketing Customers Business Intranet Brand/Corporate Networking Customer Research & Development © Mike Watson © Mike Watson Marketing
  • 14. Social Networking Implementation Plan: Key Elements Business Possible Roles & Needs & Networks Resources Goals & Platforms Launch, Product & Best Recruit & Service Practice Promote Focus Examples Plan Target Keywords & Content Audience Tags for Production Profile Search Plan Key Analysis & Timescales Competitors Development & Activity © Mike Watson
  • 15. The Benefits of Social Networking 1. Build connections and gain new customers 2. Boost brand equity and create a stronger reputation 3. Establish and build quality customer relationships 4. Position yourself as a leader in your industry and Subject Matter Expert 5. Create high-quality links to your website to boost SEO © Mike Watson
  • 16. Summary – Six Key Steps to Success in Generating Leads through Social Networking 1. Carry-out research to find your customers in the social media space and be there too 2. Develop a social networking strategy document ensuring the strategy links with your current marketing and sales activity and business goals 3. Marketing: Focus on ‘thought-leadership’ and your USPs to carve out niche customer segments. Allocate marketing budget and resources to ensure strategy is sustainable. Consider outsourcing 4. Sales: Utilise ‘give-to-get’ philosophy to build profitable relationships 5. Plan and prepare to provide content that is relevant and in demand and build your own customised network when ready 6. Grow your networking activities based on successes, market trends in your space and analysis © Mike Watson
  • 17. Tools Technology Networks Contact Details: Mike Watson - Director mike.watson@soundsolutions.co.uk 07767 383914 + 44 (0) 1494 883163 © Mike Watson