This document summarizes research from Aberdeen Group on how best-in-class sales organizations use social relationships to build a better sales pipeline. The summary is:
1) Best-in-class firms use social media like LinkedIn more effectively than average firms to originate deals and influence buying decisions, with over half of their deals influenced by social relationships.
2) These top firms focus on creating meaningful sales conversations tailored to customers' needs rather than just adding deals to meet quotas. They also better share knowledge among reps.
3) Utilizing social relationships allows reps to have more personalized interactions with prospects and learn more about their needs, leading to higher quality deals and pipelines for best-in-class companies.