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#socialselling16
Welcome to the
D U B L I N A P R I L 7
#socialselling16
Frank Hattann
Head of Enterprise Sales EMEA
LinkedIn Sales Solutions
#socialselling16
+124M
NAMER
+132M
EMEA
+57M
LATAM
+85M
APAC
LinkedIn has 414 Million members across the world
LinkedIn has 414 Million members across the world
1M
Ireland
#socialselling16
LinkedIn has 414 Million members across the world
IRELAND
1M+
159.6K
Decision makers on LinkedIn
34.5K
Company Pages on LinkedIn
17%
Enterprise
18%
Mid-Market
65%
SMB
Influence every relationship driven
sale for our customers
#socialselling16
Relationships are foundational for sales success
Frank
Company
A
Company
B
Company
C
#socialselling16
The buyer’s process has changed
5.4 75of B2B buyers now use
social media to be more
informed on vendors
% 90of decision makers say
they never respond to
cold outreach
%
people are now involved
in the average B2B buying
decision
#socialselling16
Agenda
#socialselling16
9:30am Welcome and Overview
9:40am Social Selling: How to Unlock Competitive Advantage
10:10am Hallmarks of a Social Seller
10:40am Customer Panel
11:30am Networking
Join The Conversation: #socialselling16
#socialselling16
Kevin Scott
Head of Sales Solutions, EMEA,
LinkedIn
SOCIAL SELLING
How to unlock competitive advantage
Thomas Bell
President, Linnean Society of London
“The year which as passed has not
been marked by any of those striking
discoveries...”
“Everyone’s always asking me when
Apple will come out with a cell phone.
My answer is ‘Probably never.’”
David Pogue
Tech Columnist, New York Times
???
“Zuckerberg is an idiot! I can’t
believe he turned down Yahoo
for 1 billion dollars.”
Mike Derezin???
“Zuckerberg is an idiot! I can’t
believe he turned down Yahoo
for 1 billion dollars.”
Michael Porter
Competitive Strategy
and
Competitive
Advantage
AdvantageCompetitive
S U S T A I N A B L E
#socialsellingroadshow
Rita Gunther McGrath
The End of
Competitive Advantage
"To win in volatile and uncertain
environments,executives need to learn
how to exploit short-lived opportunities
with speed and decisiveness.”
AdvantageCompetitive
#socialsellingroadshow
by Geoffrey Moore
Crossing the Chasm
The
Chasm
Early Majority Late Majority LaggardsInnovators and Early Adopters
The
Chasm
Early Majority Late Majority LaggardsInnovators and Early Adopters
HIGH
RISK
NO
RISK
The
Chasm
HIGH
RISK
NO
RISK
HIGH
REWARD
NO
REWARD
Early Majority Late Majority LaggardsInnovators and Early Adopters
The
Chasm
Early Majority Late Majority LaggardsInnovators and Early Adopters
The World Wide Web
‘94-’95 ‘96-’98 ’99-’00 ’00+
The
Chasm
Early Majority Late Majority LaggardsInnovators and Early Adopters
‘94-’95 ‘96-’98 ’99-’00 ’00+
$182
BILLION
$437
BILLION
The World Wide Web
The
Chasm
Early Majority Late Majority LaggardsInnovators and Early
Adopters
Social Recruiting
‘07-’10 ‘11-’13 ’14-’16 ’17+
Social Recruiting
Hero
Head of Global Talent Acquisition, SABMiller
"I saw the opportunity in direct sourcing
through LinkedIn. I knew it was the future,
but had to move quickly to lock-in as many
gains as possible before the rest of the
world caught on."
Head of Global Talent Acquisition, SABMiller
"I've helped save SABMiller
about $7-10M annually by shifting
to direct sourcing and LinkedIn
Recruiter."
Social Recruiting
Hero
The
Chasm
Early Majority Late Majority LaggardsInnovators and Early Adopters
Social Selling
‘12-’14 ’18-’19 ’20+‘15 ’16-’17
Social SellingIndex (SSI)
Create a
professional brand
Find the
right people
Engage with
insights
Build strong
relationships
SSI leaders create
45% more opportunities per
quarter than SSI laggards.
more opportunities
SSI leaders are
51% more likely to hit
quota than SSI laggards.
more likely to hit quota
Based on a global study LinkedIn ran in Q4 2013 of Q3 performance for reps focused on new business and reps focused on existing business. Respondents reported
performance; they were matched to their LinkedIn profiles to understand their SSI.SSI leaders have an SSI > 70; SSI laggards have an SSI < 30
Why is Social Selling important?
Laggards
1000 20 40 60 80
Social Selling Index (SSI)
Leaders
1000 20 40 60 80
Social Selling Index (SSI)
28.5
2016
12.2
2012
1000 20 40 60 80
Social Selling Index (SSI)
The
Chasm
Early Majority Late Majority LaggardsInnovators and Early Adopters
‘12-’14 ’18-’19 ’20+‘15 ’16-’17
28.5
2016
12.2
2012
29.9
NAMER
21.0
LATAM
24.9
APAC
28.3
EMEA
We can look at SSI by region
32.4
IRELAND
The average Ireland SSI has increased 18%
over the last year
Source: LinkedIn Internal Data
The charts above represents a regional view of SSI. Because the LinkedIn "Sales Definition" (who constitutes as a sales person) changes, we only display a time series view of SSI for members who were deemed as Sales Professionals back in January 2015. By doing this we are
comparing apples to apples and are able to truly measure growth in SSI.
+18%
27.4
28.1 28.0
28.7
29.6 29.9 29.9
30.5
31.2
31.5
32.0
30.1
32.4
Source: LinkedIn Internal Data
– January & December 2016
Some sectors are taking the lead in Social Selling
Growth in SSI
January ’15 – Dec’15
=
How can you
seize the opportunity?
MeasurementEducationExecutive Alignment
How can you
seize the opportunity?
MeasurementEducationExecutive Alignment
Social Selling Heroes
Executive Alignment MeasurementEducation
Social Selling Heroes
VP Global Sales Enablement and Programs, PTC
"IOT is new to the world and new to
us. Speed is king. We needed to
deploy social selling now. We
couldn't afford to wait six months."
VP Global Sales Enablement and Programs, PTC
"Our corporate strategy is enabling smart
connected products for competitive
differentiation. Our team personalized it to
get executive alignment - social selling is
smart connected reps for competitive
differentiation."
Executive Alignment
VP Global Sales Enablement and Programs, PTC
"We've seen greater than a 50x ROI
with Sales Navigator - measured in
either revenue attained or pipeline."Executive Alignment
Executive AlignmentEducation
VP Global Sales Enablement and Programs, PTC
"We've seen greater than a 50x ROI
with Sales Navigator - measured in
either revenue attained or pipeline."
Senior Director, GCO Sales Tools and Technology, SAP
"Social selling is the biggest single
change to the SAP sales strategy
in the last 10 years by an order of
magnitude."
Education
Senior Director, GCO Sales Tools and Technology, SAP
"I was going to be either the hero or
villain. Someone has to take a risk to
make things happen."
Education
Senior Director, GCO Sales Tools and Technology, SAP
"You have to customize the training,
embed it in your overall training,
and make sure to focus on middle
managers."
Education
Senior Director, GCO Sales Tools and Technology, SAP
"We have seen massive ROI. I just
learned of a half million dollar deal
in Asia Pacific where a prospect
reached out to our SAP rep through
LinkedIn."
Education
Senior Director, GCO Sales Tools and Technology, SAP
"We have seen massive ROI. I just
learned of a half million dollar deal
in Asia Pacific where a prospect
reached out to our SAP rep through
LinkedIn."
Measurement
Senior Social Media Manager – EMEA, Symantec
“Measuring our social selling is
critical to justifying our ROI. SSI
is at the core of what we do.”
Senior Social Media Manager – EMEA, Symantec
"We always combine SSI with actionable
intelligence. If you only provide data it is
just another number, it won’t change the
mindset. You have to tell teams what
specific actions to take."
Measurement
Measurement
Senior Social Media Manager – EMEA, Symantec
"We always combine SSI with actionable
intelligence. If you only provide data it is
just another number, it won’t change the
mindset. You have to tell teams what
specific actions to take."
Executive Alignment Education
The
Chasm
Early Majority Late Majority LaggardsInnovators and
Early Adopters
Social Selling Heroes
Executive Alignment MeasurementEducation
“The tipping point is that magic moment when
an idea, trend, or social behaviour crosses a
threshold, tips, and spreads like wildfire.”
M A L C O L M G L A D W E L L - T H E T I P P I N G P O I N T

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Social Selling: How to Unlock Competitive Advantage Through Relationship Building

  • 1. #socialselling16 Welcome to the D U B L I N A P R I L 7
  • 2. #socialselling16 Frank Hattann Head of Enterprise Sales EMEA LinkedIn Sales Solutions
  • 3.
  • 5. LinkedIn has 414 Million members across the world 1M Ireland #socialselling16
  • 6. LinkedIn has 414 Million members across the world IRELAND 1M+ 159.6K Decision makers on LinkedIn 34.5K Company Pages on LinkedIn 17% Enterprise 18% Mid-Market 65% SMB
  • 7. Influence every relationship driven sale for our customers #socialselling16
  • 8. Relationships are foundational for sales success Frank Company A Company B Company C #socialselling16
  • 9. The buyer’s process has changed 5.4 75of B2B buyers now use social media to be more informed on vendors % 90of decision makers say they never respond to cold outreach % people are now involved in the average B2B buying decision #socialselling16
  • 10. Agenda #socialselling16 9:30am Welcome and Overview 9:40am Social Selling: How to Unlock Competitive Advantage 10:10am Hallmarks of a Social Seller 10:40am Customer Panel 11:30am Networking Join The Conversation: #socialselling16
  • 11. #socialselling16 Kevin Scott Head of Sales Solutions, EMEA, LinkedIn SOCIAL SELLING How to unlock competitive advantage
  • 12. Thomas Bell President, Linnean Society of London “The year which as passed has not been marked by any of those striking discoveries...”
  • 13. “Everyone’s always asking me when Apple will come out with a cell phone. My answer is ‘Probably never.’” David Pogue Tech Columnist, New York Times
  • 14. ??? “Zuckerberg is an idiot! I can’t believe he turned down Yahoo for 1 billion dollars.”
  • 15. Mike Derezin??? “Zuckerberg is an idiot! I can’t believe he turned down Yahoo for 1 billion dollars.”
  • 16.
  • 18. AdvantageCompetitive S U S T A I N A B L E #socialsellingroadshow
  • 19. Rita Gunther McGrath The End of Competitive Advantage
  • 20. "To win in volatile and uncertain environments,executives need to learn how to exploit short-lived opportunities with speed and decisiveness.”
  • 23. The Chasm Early Majority Late Majority LaggardsInnovators and Early Adopters
  • 24. The Chasm Early Majority Late Majority LaggardsInnovators and Early Adopters HIGH RISK NO RISK
  • 25. The Chasm HIGH RISK NO RISK HIGH REWARD NO REWARD Early Majority Late Majority LaggardsInnovators and Early Adopters
  • 26. The Chasm Early Majority Late Majority LaggardsInnovators and Early Adopters The World Wide Web ‘94-’95 ‘96-’98 ’99-’00 ’00+
  • 27. The Chasm Early Majority Late Majority LaggardsInnovators and Early Adopters ‘94-’95 ‘96-’98 ’99-’00 ’00+ $182 BILLION $437 BILLION The World Wide Web
  • 28. The Chasm Early Majority Late Majority LaggardsInnovators and Early Adopters Social Recruiting ‘07-’10 ‘11-’13 ’14-’16 ’17+
  • 29. Social Recruiting Hero Head of Global Talent Acquisition, SABMiller "I saw the opportunity in direct sourcing through LinkedIn. I knew it was the future, but had to move quickly to lock-in as many gains as possible before the rest of the world caught on."
  • 30. Head of Global Talent Acquisition, SABMiller "I've helped save SABMiller about $7-10M annually by shifting to direct sourcing and LinkedIn Recruiter." Social Recruiting Hero
  • 31. The Chasm Early Majority Late Majority LaggardsInnovators and Early Adopters Social Selling ‘12-’14 ’18-’19 ’20+‘15 ’16-’17
  • 32. Social SellingIndex (SSI) Create a professional brand Find the right people Engage with insights Build strong relationships
  • 33. SSI leaders create 45% more opportunities per quarter than SSI laggards. more opportunities SSI leaders are 51% more likely to hit quota than SSI laggards. more likely to hit quota Based on a global study LinkedIn ran in Q4 2013 of Q3 performance for reps focused on new business and reps focused on existing business. Respondents reported performance; they were matched to their LinkedIn profiles to understand their SSI.SSI leaders have an SSI > 70; SSI laggards have an SSI < 30 Why is Social Selling important?
  • 34. Laggards 1000 20 40 60 80 Social Selling Index (SSI) Leaders
  • 35. 1000 20 40 60 80 Social Selling Index (SSI) 28.5 2016 12.2 2012
  • 36. 1000 20 40 60 80 Social Selling Index (SSI) The Chasm Early Majority Late Majority LaggardsInnovators and Early Adopters ‘12-’14 ’18-’19 ’20+‘15 ’16-’17 28.5 2016 12.2 2012
  • 38. The average Ireland SSI has increased 18% over the last year Source: LinkedIn Internal Data The charts above represents a regional view of SSI. Because the LinkedIn "Sales Definition" (who constitutes as a sales person) changes, we only display a time series view of SSI for members who were deemed as Sales Professionals back in January 2015. By doing this we are comparing apples to apples and are able to truly measure growth in SSI. +18% 27.4 28.1 28.0 28.7 29.6 29.9 29.9 30.5 31.2 31.5 32.0 30.1 32.4
  • 39. Source: LinkedIn Internal Data – January & December 2016 Some sectors are taking the lead in Social Selling Growth in SSI January ’15 – Dec’15 =
  • 40. How can you seize the opportunity? MeasurementEducationExecutive Alignment
  • 41. How can you seize the opportunity? MeasurementEducationExecutive Alignment Social Selling Heroes
  • 42. Executive Alignment MeasurementEducation Social Selling Heroes VP Global Sales Enablement and Programs, PTC "IOT is new to the world and new to us. Speed is king. We needed to deploy social selling now. We couldn't afford to wait six months."
  • 43. VP Global Sales Enablement and Programs, PTC "Our corporate strategy is enabling smart connected products for competitive differentiation. Our team personalized it to get executive alignment - social selling is smart connected reps for competitive differentiation." Executive Alignment
  • 44. VP Global Sales Enablement and Programs, PTC "We've seen greater than a 50x ROI with Sales Navigator - measured in either revenue attained or pipeline."Executive Alignment
  • 45. Executive AlignmentEducation VP Global Sales Enablement and Programs, PTC "We've seen greater than a 50x ROI with Sales Navigator - measured in either revenue attained or pipeline." Senior Director, GCO Sales Tools and Technology, SAP "Social selling is the biggest single change to the SAP sales strategy in the last 10 years by an order of magnitude."
  • 46. Education Senior Director, GCO Sales Tools and Technology, SAP "I was going to be either the hero or villain. Someone has to take a risk to make things happen."
  • 47. Education Senior Director, GCO Sales Tools and Technology, SAP "You have to customize the training, embed it in your overall training, and make sure to focus on middle managers."
  • 48. Education Senior Director, GCO Sales Tools and Technology, SAP "We have seen massive ROI. I just learned of a half million dollar deal in Asia Pacific where a prospect reached out to our SAP rep through LinkedIn."
  • 49. Education Senior Director, GCO Sales Tools and Technology, SAP "We have seen massive ROI. I just learned of a half million dollar deal in Asia Pacific where a prospect reached out to our SAP rep through LinkedIn." Measurement Senior Social Media Manager – EMEA, Symantec “Measuring our social selling is critical to justifying our ROI. SSI is at the core of what we do.”
  • 50. Senior Social Media Manager – EMEA, Symantec "We always combine SSI with actionable intelligence. If you only provide data it is just another number, it won’t change the mindset. You have to tell teams what specific actions to take." Measurement
  • 51. Measurement Senior Social Media Manager – EMEA, Symantec "We always combine SSI with actionable intelligence. If you only provide data it is just another number, it won’t change the mindset. You have to tell teams what specific actions to take." Executive Alignment Education
  • 52. The Chasm Early Majority Late Majority LaggardsInnovators and Early Adopters Social Selling Heroes Executive Alignment MeasurementEducation
  • 53. “The tipping point is that magic moment when an idea, trend, or social behaviour crosses a threshold, tips, and spreads like wildfire.” M A L C O L M G L A D W E L L - T H E T I P P I N G P O I N T