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Business At The Speed of Like:
New Imperatives for Social Media Success
Presented by: Sales Performance International and Social123
       Date: January 24, 2013
Sales Performance
About Today s Presenters                                    Optimization:	
  

                                                             Social Media
                                                              For Sales	
  

                                                            Right People	
  
                                                            Right Process	
  
                                                             Right Tools	
  

                                                            Assessment	
  
                                                            Development	
  
                                                            Enablement	
  

                                                                 2013



                Brandon Uttley
                Social Media Product Manager
                Sales Performance International

                                                             Social123	
  
                                                               Social.

                 Scott Miller                                  Sales.
                                                             Enablement.
                                                                    	
  
                 President
                 Social123




©2013                           ©Solution Selling, Inc.                    2
Sales Performance
What We ll Discuss                                                   Optimization:	
  

                                                                      Social Media
                                                                       For Sales	
  

                                                                     Right People	
  
                                                                     Right Process	
  
q      The Explosion of Social Media Sites                           Right Tools	
  

                                                                     Assessment	
  
                                                                     Development	
  
q      How Social Media Is Impacting Sellers                        Enablement	
  

                                                                          2013


q      How Buyers Have Changed

q      The Benefits of Social Selling

q      How To Embrace Social Media
        As Part of Your Sales Process                                 Social123	
  
                                                                        Social.
                                                                        Sales.
q      Social Lead Generation                                        Enablement.
                                                                             	
  


q      Social Sales Enablement




©2013                                    ©Solution Selling, Inc.                    3
Rapid Growth In Social Media
Sales Performance
Growth In 2012                                               Optimization:	
  

                                                              Social Media
                                                               For Sales	
  

                                                             Right People	
  
                                                             Right Process	
  
                                                              Right Tools	
  

                                                             Assessment	
  
                                                             Development	
  
             Over 1 Billion Users                            Enablement	
  

                                                                  2013




             q    500+ Million Users                         Social123	
  
                                                                Social.
                                                                Sales.
                                                              Enablement.
                                                                     	
  




             200+ Million Users



©2013                            ©Solution Selling, Inc.                    5
How Social Media Is Affecting Sales
Sales Performance
Buyers Are More In Control                                                                        Optimization:	
  

                                                                                                   Social Media
                                                                                                    For Sales	
  

                                                                                                  Right People	
  
                                                                                                  Right Process	
  
                                                                                                   Right Tools	
  

                                                                                                  Assessment	
  

93% of buyers begin their buying process using Internet search                                    Development	
  
                                                                                                  Enablement	
  
                                                     Source: Marketo                                   2013




One third of 1,000 global buyers had already used social media to
engage with vendors
                                                     Source: IBM Institute for Business Value


                                                                                                   Social123	
  
Of more than 170 B2B involved in purchasing solutions in the                                         Social.
                                                                                                     Sales.
past year, 72% used social media to research their purchase.                                       Enablement.
                                                                                                          	
  
                                                      Source: DemandGen




©2013                            ©Solution Selling, Inc.                                                         7
Changing Dynamics of the Buying Process                                                    Sales Performance
                                                                                             Optimization:	
  

                                                                                              Social Media
                                                                                               For Sales	
  

                                                                                             Right People	
  
                                                                                             Right Process	
  
                                                                                              Right Tools	
  
                                       Buying Phases                                         Assessment	
  
                                                                                             Development	
  
                                                                                             Enablement	
  
            Phase 0:             Phase I:              Phase II:             Phase III:
        Plan Strategically   Determine Needs      Evaluate Alternatives    Evaluate Risk          2013




1.0


             “Micro-Marketer”            “Situational Expert”             “Risk Manager”
                                                                                              Social123	
  
                                                                                                Social.
                                               Time                                             Sales.
                                                                                              Enablement.
                                                                                                     	
  



2.0




©2013                                     ©Solution Selling, Inc.                                           8
©2013   ©Solution Selling, Inc.   9
The Benefits of Social Selling
Sales Performance
Social Selling                                                                     Optimization:	
  

                                                                                    Social Media
                                                                                     For Sales	
  

                                                                                   Right People	
  
                                                                                   Right Process	
  
q      Top Performing Sales Organizations Are Seeing Positive ROI                  Right Tools	
  

                                                                                   Assessment	
  
        Through Social Selling                                                     Development	
  
                                                                                   Enablement	
  

                                                                                        2013




                                                                                    Social123	
  
                                                                                      Social.
                                                                                      Sales.
                                                                                    Enablement.
                                                                                           	
  




                                             Source: Aberdeen Group, June 2012


©2013                               ©Solution Selling, Inc.                                       11
Sales Performance
Leading Pressures Among Best-In-Class Companies                                            Optimization:	
  

                                                                                            Social Media
                                                                                             For Sales	
  

                                                                                           Right People	
  
                                                                                           Right Process	
  
q       Customers and prospects are communicating on social                                Right Tools	
  

                                                                                           Assessment	
  
        networks; we need to be there too (71%)                                            Development	
  
                                                                                           Enablement	
  

q       Address the diminishing effectiveness of traditional marketing                         2013


        activities (57%)
                                                     Source: Aberdeen Group, June 2012




                                                                                            Social123	
  
                                                                                              Social.
                                                                                              Sales.
                                                                                            Enablement.
                                                                                                   	
  




©2013                                 ©Solution Selling, Inc.                                             12
Evolving To Meet
Social Media Challenges
Sales Performance
Sales People Who Win More Deals Will...                                       Optimization:	
  

                                                                               Social Media
                                                                                For Sales	
  

                                                                              Right People	
  
                                                                              Right Process	
  
                                                                               Right Tools	
  
q      Understand the need to utilize social media to stay attuned           Assessment	
  
                                                                              Development	
  
        to potential opportunities                                            Enablement	
  

                                                                                   2013



q      Build their credibility and the “social proof” of their offerings




                                                                               Social123	
  
                                                                                 Social.
                                                                                 Sales.
                                                                               Enablement.
                                                                                      	
  




©2013                                    ©Solution Selling, Inc.                             14
Sales Performance
How To Get There                                                    Optimization:	
  

                                                                     Social Media
                                                                      For Sales	
  

                                                                    Right People	
  
                                                                    Right Process	
  
                                                                     Right Tools	
  

                                                                    Assessment	
  

q      Take training courses                                       Development	
  
                                                                    Enablement	
  

                                                                         2013




q      Make A Plan (And Stick To It)



q      Utilize The Right Tools                                      Social123	
  
                                                                       Social.
                                                                       Sales.
                                                                     Enablement.
                                                                            	
  




©2013                                   ©Solution Selling, Inc.                    15
About Social123
Social Statistics                                              Sales Performance
                                                                 Optimization:	
  

                                                                  Social Media
                                                                   For Sales	
  

                                                                 Right People	
  
                                                                 Right Process	
  
                                                                  Right Tools	
  

                                                                 Assessment	
  
             •  85% of Sales Representatives believe
85%
                                                                 Development	
  
                                                                 Enablement	
  
                contact data in LinkedIn is better than
                the data inside of their CRM                          2013




             •  25% of B2B contact data will become
25%             inaccurate over the course of 12
                months
                                                                  Social123	
  
                                                                    Social.
                                                                    Sales.
                                                                  Enablement.
                                                                         	
  

             •  The average Sales Representative
   1.3          spends 1.3 hours a week outside of
                their CRM collecting contact data




©2013                                ©Solution Selling, Inc.                    1
                                                                                7
Social Lead Generation                                                          Sales Performance
                                                                                  Optimization:	
  

                                                                                   Social Media
                                                                                    For Sales	
  

                                                   What should I be listening     Right People	
  
                                                                                  Right Process	
  
                                                   for on Social Media?	

         Right Tools	
  

                                                   	

                            Assessment	
  
                                                                                  Development	
  
                                                   •  My Company	

               Enablement	
  
                                                   •  My Products	

                                                                                       2013
                                                   •  My Competitors	

                                                   •  My Customers	

                                                   •  My Executives	

                                                   •  Industry Keywords	

                                                   •  Google AdWords	

                                                   	



                                                                                   Social123	
  
                                                                                     Social.
                                                                                     Sales.
                                                                                   Enablement.
                                                                                          	
  




©2013                    ©Solution Selling, Inc.                                                 1
                                                                                                 8
Social Lead Generation                                                                  Sales Performance
                                                                                          Optimization:	
  

                                                                                           Social Media
                                                                                            For Sales	
  

                                                           What should I be listening     Right People	
  
                                                                                          Right Process	
  
                                                           for on Social Media?	

         Right Tools	
  

                                                           	

                            Assessment	
  
                                                                                          Development	
  
                                                           •  My Company	

               Enablement	
  
                                                           •  My Products	

                                                                                               2013
                                                           •  My Competitors	

                                                           •  My Customers	

                                                           •  My Executives	

                                                           •  Industry Keywords	

                                                           •  Google AdWords	

                                                           	



                                                                                           Social123	
  
                                                                                             Social.
                                                                                             Sales.
                                                                                           Enablement.
                                                                                                  	
  




        Twitter users are 24 % more likely to make online
         purchases, than average Internet users - CNBC
©2013                            ©Solution Selling, Inc.                                                 1
                                                                                                         9
Social Lead Generation                                       Sales Performance
                                                                        Optimization:	
  

                                                                          Social Media
                                                                           For Sales	
  

                                                                          Right People	
  
                                                                          Right Process	
  
                                                                           Right Tools	
  

                                                                          Assessment	
  
                                                                          Development	
  
                                                                          Enablement	
  

                                                                               2013




        First Name: Aaron

        Last Name: Biddar
                                                                           Social123	
  

        Location: Atlanta, GA
                                                                             Social.
                                                                             Sales.
                                                                           Enablement.
                                                                                  	
  

        URL: social123.com

        Self-Description: CEO @ Social123, Social Media know it all

        Followers: 456

©2013                             ©Solution Selling, Inc.             2
                                                                      0
Social Sales Enablement                             Sales Performance
                                                      Optimization:	
  

                                                       Social Media
                                                        For Sales	
  

                                                      Right People	
  
                                                      Right Process	
  
                                                       Right Tools	
  

                                                      Assessment	
  
                                                      Development	
  
                                                      Enablement	
  

                                                           2013




                                                       Social123	
  
                                                         Social.
                                                         Sales.
                                                       Enablement.
                                                              	
  




                Social. Sales. Enablement.

©2013                     ©Solution Selling, Inc.                    2
                                                                     1
Social Sales Enablement                             Sales Performance
                                                      Optimization:	
  

                                                       Social Media
                                                        For Sales	
  

                                                      Right People	
  
                                                      Right Process	
  
                                                       Right Tools	
  

                                                      Assessment	
  
                                                      Development	
  
                                                      Enablement	
  

                                                           2013




                                                       Social123	
  
                                                         Social.
                                                         Sales.
                                                       Enablement.
                                                              	
  




©2013                     ©Solution Selling, Inc.                    2
                                                                     2
Social Sales Enablement – The Impact                      Sales Performance
                                                            Optimization:	
  

                                                             Social Media
                                                              For Sales	
  

                                                            Right People	
  
                                                            Right Process	
  
                                                             Right Tools	
  

                                                            Assessment	
  
                                                            Development	
  
                                                            Enablement	
  

                                                                 2013

                             Accuracy and Confidence
                             in Contact Data



                                 Enriched Understanding      Social123	
  
                                                               Social.
                                                               Sales.
                                                             Enablement.
                                                                    	
  




                             Additional Communication
                             Channels


©2013                         ©Solution Selling, Inc.                      2
                                                                           3
Closing                                             Sales Performance
                                                      Optimization:	
  

                                                       Social Media
                                                        For Sales	
  

                                                      Right People	
  
                                                      Right Process	
  
                                                       Right Tools	
  

                                                      Assessment	
  
                                                      Development	
  
                                                      Enablement	
  

                                                           2013



           Brandon Uttley
           Social Media Product Manager
           Sales Performance International



           Scott Miller
           President
           Social123




   ©2013                  ©Solution Selling, Inc.                  2
                                                                   4

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Business At The Speed of Like: New Imperatives For Social Media Success For Sales

  • 1. Business At The Speed of Like: New Imperatives for Social Media Success Presented by: Sales Performance International and Social123 Date: January 24, 2013
  • 2. Sales Performance About Today s Presenters Optimization:   Social Media For Sales   Right People   Right Process   Right Tools   Assessment   Development   Enablement   2013 Brandon Uttley Social Media Product Manager Sales Performance International Social123   Social. Scott Miller Sales. Enablement.   President Social123 ©2013 ©Solution Selling, Inc. 2
  • 3. Sales Performance What We ll Discuss Optimization:   Social Media For Sales   Right People   Right Process   q  The Explosion of Social Media Sites Right Tools   Assessment   Development   q  How Social Media Is Impacting Sellers Enablement   2013 q  How Buyers Have Changed q  The Benefits of Social Selling q  How To Embrace Social Media As Part of Your Sales Process Social123   Social. Sales. q  Social Lead Generation Enablement.   q  Social Sales Enablement ©2013 ©Solution Selling, Inc. 3
  • 4. Rapid Growth In Social Media
  • 5. Sales Performance Growth In 2012 Optimization:   Social Media For Sales   Right People   Right Process   Right Tools   Assessment   Development   Over 1 Billion Users Enablement   2013 q  500+ Million Users Social123   Social. Sales. Enablement.   200+ Million Users ©2013 ©Solution Selling, Inc. 5
  • 6. How Social Media Is Affecting Sales
  • 7. Sales Performance Buyers Are More In Control Optimization:   Social Media For Sales   Right People   Right Process   Right Tools   Assessment   93% of buyers begin their buying process using Internet search Development   Enablement   Source: Marketo 2013 One third of 1,000 global buyers had already used social media to engage with vendors Source: IBM Institute for Business Value Social123   Of more than 170 B2B involved in purchasing solutions in the Social. Sales. past year, 72% used social media to research their purchase. Enablement.   Source: DemandGen ©2013 ©Solution Selling, Inc. 7
  • 8. Changing Dynamics of the Buying Process Sales Performance Optimization:   Social Media For Sales   Right People   Right Process   Right Tools   Buying Phases Assessment   Development   Enablement   Phase 0: Phase I: Phase II: Phase III: Plan Strategically Determine Needs Evaluate Alternatives Evaluate Risk 2013 1.0 “Micro-Marketer” “Situational Expert” “Risk Manager” Social123   Social. Time Sales. Enablement.   2.0 ©2013 ©Solution Selling, Inc. 8
  • 9. ©2013 ©Solution Selling, Inc. 9
  • 10. The Benefits of Social Selling
  • 11. Sales Performance Social Selling Optimization:   Social Media For Sales   Right People   Right Process   q  Top Performing Sales Organizations Are Seeing Positive ROI Right Tools   Assessment   Through Social Selling Development   Enablement   2013 Social123   Social. Sales. Enablement.   Source: Aberdeen Group, June 2012 ©2013 ©Solution Selling, Inc. 11
  • 12. Sales Performance Leading Pressures Among Best-In-Class Companies Optimization:   Social Media For Sales   Right People   Right Process   q  Customers and prospects are communicating on social Right Tools   Assessment   networks; we need to be there too (71%) Development   Enablement   q  Address the diminishing effectiveness of traditional marketing 2013 activities (57%) Source: Aberdeen Group, June 2012 Social123   Social. Sales. Enablement.   ©2013 ©Solution Selling, Inc. 12
  • 13. Evolving To Meet Social Media Challenges
  • 14. Sales Performance Sales People Who Win More Deals Will... Optimization:   Social Media For Sales   Right People   Right Process   Right Tools   q  Understand the need to utilize social media to stay attuned Assessment   Development   to potential opportunities Enablement   2013 q  Build their credibility and the “social proof” of their offerings Social123   Social. Sales. Enablement.   ©2013 ©Solution Selling, Inc. 14
  • 15. Sales Performance How To Get There Optimization:   Social Media For Sales   Right People   Right Process   Right Tools   Assessment   q  Take training courses Development   Enablement   2013 q  Make A Plan (And Stick To It) q  Utilize The Right Tools Social123   Social. Sales. Enablement.   ©2013 ©Solution Selling, Inc. 15
  • 17. Social Statistics Sales Performance Optimization:   Social Media For Sales   Right People   Right Process   Right Tools   Assessment   •  85% of Sales Representatives believe 85% Development   Enablement   contact data in LinkedIn is better than the data inside of their CRM 2013 •  25% of B2B contact data will become 25% inaccurate over the course of 12 months Social123   Social. Sales. Enablement.   •  The average Sales Representative 1.3 spends 1.3 hours a week outside of their CRM collecting contact data ©2013 ©Solution Selling, Inc. 1 7
  • 18. Social Lead Generation Sales Performance Optimization:   Social Media For Sales   What should I be listening Right People   Right Process   for on Social Media? Right Tools   Assessment   Development   •  My Company Enablement   •  My Products 2013 •  My Competitors •  My Customers •  My Executives •  Industry Keywords •  Google AdWords Social123   Social. Sales. Enablement.   ©2013 ©Solution Selling, Inc. 1 8
  • 19. Social Lead Generation Sales Performance Optimization:   Social Media For Sales   What should I be listening Right People   Right Process   for on Social Media? Right Tools   Assessment   Development   •  My Company Enablement   •  My Products 2013 •  My Competitors •  My Customers •  My Executives •  Industry Keywords •  Google AdWords Social123   Social. Sales. Enablement.   Twitter users are 24 % more likely to make online purchases, than average Internet users - CNBC ©2013 ©Solution Selling, Inc. 1 9
  • 20. Social Lead Generation Sales Performance Optimization:   Social Media For Sales   Right People   Right Process   Right Tools   Assessment   Development   Enablement   2013 First Name: Aaron Last Name: Biddar Social123   Location: Atlanta, GA Social. Sales. Enablement.   URL: social123.com Self-Description: CEO @ Social123, Social Media know it all Followers: 456 ©2013 ©Solution Selling, Inc. 2 0
  • 21. Social Sales Enablement Sales Performance Optimization:   Social Media For Sales   Right People   Right Process   Right Tools   Assessment   Development   Enablement   2013 Social123   Social. Sales. Enablement.   Social. Sales. Enablement. ©2013 ©Solution Selling, Inc. 2 1
  • 22. Social Sales Enablement Sales Performance Optimization:   Social Media For Sales   Right People   Right Process   Right Tools   Assessment   Development   Enablement   2013 Social123   Social. Sales. Enablement.   ©2013 ©Solution Selling, Inc. 2 2
  • 23. Social Sales Enablement – The Impact Sales Performance Optimization:   Social Media For Sales   Right People   Right Process   Right Tools   Assessment   Development   Enablement   2013 Accuracy and Confidence in Contact Data Enriched Understanding Social123   Social. Sales. Enablement.   Additional Communication Channels ©2013 ©Solution Selling, Inc. 2 3
  • 24. Closing Sales Performance Optimization:   Social Media For Sales   Right People   Right Process   Right Tools   Assessment   Development   Enablement   2013 Brandon Uttley Social Media Product Manager Sales Performance International Scott Miller President Social123 ©2013 ©Solution Selling, Inc. 2 4