Future
Forum
Singapore| Hong Kong | Melbourne | Sydney
Proudly brought
to you by:
Huthwaite Future Forum
Welcome
• Research
• Panel discussion
• Wrap up
Twitter hashtag for the Forum: #HWFF
Proudly brought
to you by:
Huthwaite Future Forum
Q2
2012
35%
Q4
2012
41%
Buyers now engage sellers later
in the sales process.
Source: Huthwaite Sales Pulse Survey
Buyers use social media part of
the buying process.
Q2
2012
24%
Q4
2012
34%
Sellers believe a higher level of
business acumen is needed to
provide business insight.
Q2
2012
79%
Q4
2012
85%
Shifts in just six months:
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to you by:
Huthwaite Future Forum
225,000,000 – # of LinkedIn members Source: LinkedIn
181,000 – # of Twitter users with “social media” in their bio. Source: AdAge
22% – % of China’s Internet users active on Weibo Source: Synthesio
200,000,000 – # of monthly active Twitter users Source: Twitter
33 – % of US Internet users who ended a connection Source: eMarketing
with a brand on social media
Social upheaval
Proudly brought
to you by:
Huthwaite Future Forum
The situation
2012 Sales Management Association (SMA) survey of
sales managers and sales leaders:
• 96% use LinkedIn at least once a week.
• 80% believe sales force would be more productive.
• >50% expect to increase their engagement with
LinkedIn, Facebook and Twitter.
• 66% of companies do not have a social media strategy
for the sales organisation.
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to you by:
Huthwaite Future Forum
56%
53%
52%
50%
45% 45%
41%
39%
36%
29%
28%
27%
23%
19%
18%
13%
12%
7% 7%
5% 5% 4% 4% 2% n/a
Active social media penetration
Global Average
Source: wearesocial.com.sg
23%
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to you by:
Huthwaite Future Forum
The problem
Source: Alimeter Group
Formalised customer-facing social media efforts by group
Marketing
Sales
82%
75%
39%
30%
24%
16%
15%
11%
11%
Marketing
Corp Comms / PR
Web / Digital
Support
HR / Recruitment
Product
Executives
Field (Physical locations)
Sales
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to you by:
Huthwaite Future Forum
The bigger problem
2012 SMA Survey
(sales managers / sales leaders)
• Sales force lacks an
understanding of social media.
• Few have had sufficient social
media training.
Source: Sales Management Association
Social media education in sales
“I have received sufficient training from
my organization on using social media.”
18%
15%
10%
10%5%
5%
35%
Strongly
disagree
Strongly
agree
Neutral
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to you by:
Huthwaite Future Forum
Brand
positioning
Brand
awareness
Brand defence
Customer
service
Staff
recruitment
Lead generation
Cross sell and
upsell
Lead nurture
The implication – social media satisfaction
Main areas of dissatisfaction:
Source: B2B Marketing Outlook Report 2013
-60% -40% -20% 0% 20% 40% 60% 80%
Dissatisfied
Highly Satisfied
Somewhat Satisfied
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to you by:
Huthwaite Future Forum
Why does it matter?
Social selling remains an
ambition, not reality at most
B2B organisations today
• however, the evidence is
clear that change is
underway.
Source: Aberdeen Group
Performance benefits of
social selling
64%
55%
54%
46%
49%
48%
42%
38%
Total team attainment of sales quota
Customer renewal rate
Sales forecast accuracy
Per cent of sales reps achieving quota
Users of Social Selling All others
Proudly brought
to you by:
Huthwaite Future Forum
Please
welcome
our Panellists
Singapore| Hong Kong | Melbourne | Sydney
Proudly brought
to you by:
Huthwaite Future Forum
The Panel
John Golden
Huthwaite
President & CEO
Marco Ryan
Accenture Interactive
Partner / Managing Director
Christel Quek
Samsung Asia
Regional Social Business Lead
Andrew Chow
Social Media Strategist
Twitter hashtag for
the Forum: #HWFF
Proudly brought
to you by:
Huthwaite Future Forum
Huthwaite’s latest research
• 30% post for business purposes weekly.
Why
• 72% to research and make connections with
prospective buyers and clients.
• 71% to improve personal brand.
• 55% to generate value for customers.
However
• 37% don’t know how best to maximise the use of it.
• 32% struggle to create the right message.
Proudly brought
to you by:
Huthwaite Future Forum
Emerging trends
• Social media is used almost daily by the majority of
salespeople, but not necessarily effectively.
• Salespeople struggle most often with:
– creating the right messaging in a given situation;
– maximising the use of social media.
• Techniques are evolving rapidly, everyone is
still learning.
• Discipline is required.
Proudly brought
to you by:
Huthwaite Future Forum
Huthwaite’s philosophy on social selling
• Create daily routine that fits into existing sales process.
• Inspire and educate (give your knowledge away) as you
engage with prospects and customers.
• Develop your personal brand and become a
micro-marketer.
• Find the platform and technique that works best for you.
• Search / Listen / Share.
Proudly brought
to you by:
Huthwaite Future Forum
Thank you
Singapore| Hong Kong | Melbourne | Sydney

Huthwaite Future Forum: Social Selling in Singapore

  • 1.
  • 2.
    Proudly brought to youby: Huthwaite Future Forum Welcome • Research • Panel discussion • Wrap up Twitter hashtag for the Forum: #HWFF
  • 3.
    Proudly brought to youby: Huthwaite Future Forum Q2 2012 35% Q4 2012 41% Buyers now engage sellers later in the sales process. Source: Huthwaite Sales Pulse Survey Buyers use social media part of the buying process. Q2 2012 24% Q4 2012 34% Sellers believe a higher level of business acumen is needed to provide business insight. Q2 2012 79% Q4 2012 85% Shifts in just six months:
  • 4.
    Proudly brought to youby: Huthwaite Future Forum 225,000,000 – # of LinkedIn members Source: LinkedIn 181,000 – # of Twitter users with “social media” in their bio. Source: AdAge 22% – % of China’s Internet users active on Weibo Source: Synthesio 200,000,000 – # of monthly active Twitter users Source: Twitter 33 – % of US Internet users who ended a connection Source: eMarketing with a brand on social media Social upheaval
  • 5.
    Proudly brought to youby: Huthwaite Future Forum The situation 2012 Sales Management Association (SMA) survey of sales managers and sales leaders: • 96% use LinkedIn at least once a week. • 80% believe sales force would be more productive. • >50% expect to increase their engagement with LinkedIn, Facebook and Twitter. • 66% of companies do not have a social media strategy for the sales organisation.
  • 6.
    Proudly brought to youby: Huthwaite Future Forum 56% 53% 52% 50% 45% 45% 41% 39% 36% 29% 28% 27% 23% 19% 18% 13% 12% 7% 7% 5% 5% 4% 4% 2% n/a Active social media penetration Global Average Source: wearesocial.com.sg 23%
  • 7.
    Proudly brought to youby: Huthwaite Future Forum The problem Source: Alimeter Group Formalised customer-facing social media efforts by group Marketing Sales 82% 75% 39% 30% 24% 16% 15% 11% 11% Marketing Corp Comms / PR Web / Digital Support HR / Recruitment Product Executives Field (Physical locations) Sales
  • 8.
    Proudly brought to youby: Huthwaite Future Forum The bigger problem 2012 SMA Survey (sales managers / sales leaders) • Sales force lacks an understanding of social media. • Few have had sufficient social media training. Source: Sales Management Association Social media education in sales “I have received sufficient training from my organization on using social media.” 18% 15% 10% 10%5% 5% 35% Strongly disagree Strongly agree Neutral
  • 9.
    Proudly brought to youby: Huthwaite Future Forum Brand positioning Brand awareness Brand defence Customer service Staff recruitment Lead generation Cross sell and upsell Lead nurture The implication – social media satisfaction Main areas of dissatisfaction: Source: B2B Marketing Outlook Report 2013 -60% -40% -20% 0% 20% 40% 60% 80% Dissatisfied Highly Satisfied Somewhat Satisfied
  • 10.
    Proudly brought to youby: Huthwaite Future Forum Why does it matter? Social selling remains an ambition, not reality at most B2B organisations today • however, the evidence is clear that change is underway. Source: Aberdeen Group Performance benefits of social selling 64% 55% 54% 46% 49% 48% 42% 38% Total team attainment of sales quota Customer renewal rate Sales forecast accuracy Per cent of sales reps achieving quota Users of Social Selling All others
  • 11.
    Proudly brought to youby: Huthwaite Future Forum Please welcome our Panellists Singapore| Hong Kong | Melbourne | Sydney
  • 12.
    Proudly brought to youby: Huthwaite Future Forum The Panel John Golden Huthwaite President & CEO Marco Ryan Accenture Interactive Partner / Managing Director Christel Quek Samsung Asia Regional Social Business Lead Andrew Chow Social Media Strategist Twitter hashtag for the Forum: #HWFF
  • 13.
    Proudly brought to youby: Huthwaite Future Forum Huthwaite’s latest research • 30% post for business purposes weekly. Why • 72% to research and make connections with prospective buyers and clients. • 71% to improve personal brand. • 55% to generate value for customers. However • 37% don’t know how best to maximise the use of it. • 32% struggle to create the right message.
  • 14.
    Proudly brought to youby: Huthwaite Future Forum Emerging trends • Social media is used almost daily by the majority of salespeople, but not necessarily effectively. • Salespeople struggle most often with: – creating the right messaging in a given situation; – maximising the use of social media. • Techniques are evolving rapidly, everyone is still learning. • Discipline is required.
  • 15.
    Proudly brought to youby: Huthwaite Future Forum Huthwaite’s philosophy on social selling • Create daily routine that fits into existing sales process. • Inspire and educate (give your knowledge away) as you engage with prospects and customers. • Develop your personal brand and become a micro-marketer. • Find the platform and technique that works best for you. • Search / Listen / Share.
  • 16.
    Proudly brought to youby: Huthwaite Future Forum Thank you Singapore| Hong Kong | Melbourne | Sydney