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How Personalized Selling Unlocks Competitive Advantage
The document outlines strategies for personalized selling to gain a competitive edge, emphasizing the importance of understanding prospects' needs and leveraging LinkedIn for targeted outreach. It highlights the need for sales leaders to coach their teams on identifying buyer personas and mapping the buying process to enhance engagement. Additionally, it stresses the importance of creating relevant content and utilizing social media for effective communication and relationship-building with potential clients.
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How Personalized Selling Unlocks Competitive Advantage
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- 2. Become a Trusted Resource Inspire andCoach Engage Prospects with Relevant Content SALES REPS SALES LEADERS MARKETING LEADERS Agenda
- 3. Speakers CRAIG ROSENBERG Chief Analyst TOPO MICHAEL BRITO SVP, Headof US Digital Marketing LEWIS Pulse JACK KOSAKOWSKI Head of Social Sales Disruption Creation Agency
- 4. Become A TrustedResource SALES REPS How Personalized Selling Unlocks Competitive Advantage JACK KOSAKOWSKI Head of Social Sales Disruption Creation Agency
- 5. How Personalized SellingUnlocks Competitive Advantage S A L E S R E P S Become a Trusted Resource To get prospects to respond, you need to communicate from the beginning that you understand their situation, needs and challenges. That’s why it’s critical to know as much as possible about your prospect before you conduct outreach. You only have three seconds to capture a website visitor’s attention - Smart Insights
- 6. How Personalized SellingUnlocks Competitive Advantage S A L E S R E P S Target Relevant Buyers Target relevant buyers on LinkedIn by: Using Advanced Search • Filter by Company, Location, Relationship and Industry Monitoring connections for trigger events • Know when prospects change roles, have an anniversary or connect with someone in their network Only half of B2B buyers contacted by sales professionals are the right person to talk to about new business - Linkedin Research
- 7. How Personalized SellingUnlocks Competitive Advantage S A L E S R E P S Understand the Buying Process Earn the trust of a senior-level prospect by: Showcasing Project Expertise • Optimize your LinkedIn profile to reflect your professional brand Respecting Their Time • Use InMail to stay out of their crowded email queue Providing Social Proof • Leverage 2nd degree connections to broker a warm introduction • Join a LinkedIn Group the executive participates in 63% of social buyers appreciate being contacted at the right time with relevant opportunities - IDC
- 8. How Personalized SellingUnlocks Competitive Advantage S A L E S R E P S Act to Close Deals Leverage industry data and news on LinkedIn by: • Sharing links to relevant industry content in your Status Updates • Sharing content in a prospect's’ Status Update or in a LinkedIn Group Find insights to share on the following channels: • LinkedIn Pulse • The LinkedIn Sales Solutions Blog 57% of a typical purchase decision is made before a customer even talks to a salesperson - CSO Insights
- 9. Inspire and Coach SALESLEADERS How Personalized Selling Unlocks Competitive Advantage CRAIG ROSENBERG Chief Analyst TOPO
- 10. How Personalized SellingUnlocks Competitive Advantage S A L E S L E A D E R S Inspire and Coach Identify potential pain points that might prevent sales pros from social selling by asking the following questions: • Understand an individual sales rep’s process and current road blocks to success? • Are their prospects active on social? • Will your sales reps face a technology or social media learning curve? Why LinkedIn? 49% of buyers research vendors through their LinkedIn profiles 44% of buyers find potential vendors through shared LinkedIn connections - LinkedIn Research
- 11. How Personalized SellingUnlocks Competitive Advantage S A L E S L E A D E R S Target Relevant Buyers Help your sales team find the right people on LinkedIn via the following process: Define the Ideal Customer Profile (ICP) • Using quantitative (closed won business) and qualitative (sales rep feedback) • Define demographic data (verticals, geo, company size) and psychographic (looking for …) Define target buyer personas • Role and goals first – Title second Sales reps focused on new business who exceed quota make 148% more connection requests each month than other sales reps - LinkedIn Research
- 12. How Personalized SellingUnlocks Competitive Advantage S A L E S L E A D E R S Understand the Buying Process Help your sales reps understand the buying process by providing the following: Sales-centric buyer personas Map of the buying process including what they require to move to the next step Train sales to use research to identify insights into a prospects unique buying process 58% of reps who exceeded their research expectations had lead conversion rates of more than 50% - CSO Insights
- 13. How Personalized SellingUnlocks Competitive Advantage S A L E S L E A D E R S Act to Close Deals Once the buyer cycle is mapped, create the resources your sales team needs to move buyers through the buying cycle and close deals: Sales Enablement Create messaging, insights, and content assets to deliver to the right buyer at the right time: • Persona specific • Stage in the buying lifecycle • Challenges and needs • Overcome objections and roadblocks Marketing Provide training on how and when to deliver messages, insights, and content. Decision-makers consume five pieces of content before reaching a decision - CMO Council
- 14. Engage Prospects with RelevantContent MARKETING LEADERS MICHAEL BRITO SVP, Head of US Digital Marketing LEWIS Pulse
- 15. How Personalized SellingUnlocks Competitive Advantage M A R K E T I N G L E A D E R S Understand Your Audience 75% of buyers are using social media to research solutions - IDC Where do they spend their time online? What are their media consumption habits? What is the context of the conversation? What keywords are they using? Which hashtags are they using? What social channels do they use the most?
- 16. How Personalized SellingUnlocks Competitive Advantage M A R K E T I N G L E A D E R S Engage Prospects with Relevant Content & Approach Sales Enablement Build a sales governance model that will equip sales organizations with training, resources/toolkits and content so they can better engage their current customers and prospects. Story Development Deliver an editorial and creative framework to reach your customers with content and an experience that matters to them. Audience Analysis Participatory Storytelling Empower, train and mobilize brand advocates (employees – executives, subject matter experts, sales) to participate and tell the brand story, generate leads, influence others. Channel Strategy Build a channel and media strategy based on audience segmentation (where they spend their most time) and native social platform capabilities and user functionality. Paid Social Use analytics to drive the best targeting on social channels based on audience behaviors and conversations – where they spend their time and what media outlets the “like”, “follow” and “talk about.”
- 17. Q&A CRAIG ROSENBERG Chief Analyst TOPO MICHAEL BRITO SVP, Headof US Digital Marketing LEWIS Pulse JACK KOSAKOWSKI Head of Social Sales Disruption Creation Agency
- 18. Thank you forAttending!