What exactly does "social selling" mean and how does one use it? We breakdown the things that work and do not work in leveraging social networks as a channel to build credibility and generate quality leads.
We walk through ten of the most common mistakes made by sales reps when managing a complex sale. No one is immune from mistakes as deals cycles are long, solutions are more complex, buying processes are convoluted, and the number of people involved in a deal has expanded. If you avoid these common mistakes though, you can shift the competitive advantage and increase the likelihood of closing the deal.
"Sales - The new need of Life" represents my seniors experience. Many literature on sales are also used in our day to day experience, though its theoritical but its practical too and may lead to success if implemented accurately.
Part of your perks for attending the 2014 Summit in Denver was to get first access to the deliverables from the Crowdsourcing session led by Joe Galvin. Read the 12 Best Practices You Can Start Using Today .
The Sales & Marketing Loop explores how to make use of big data to drive revenue growth through: (1) Aligning sales and marketing teams, (2) Hyper-personalisation and automation of marketing, (3) Monitoring leads and (4) Converting leads. Sponsored by Forfront, CANDDi and Miller Heiman.
Learn how to go beyond the limitations of sales management and embrace the full potential of visionary sales leadership through this insightful presentation by Deb Brown, a nationally recognized Sales Effectiveness Expert.
Sales Managers, Overworked and Underdeveloped: How to Develop your Sales Mana...Sales Hacker
Sales Hacker Conference London 2017
Tamara Schenk - Research Director, CSO Insights
Visit SalesHacker.com for more actionable and educational sales content.
I was very intrigued by the article in the Harvard Business Review, and I wanted to share this with the rest of the world.
If you are in Sales, you definitely want to look at this.
We walk through ten of the most common mistakes made by sales reps when managing a complex sale. No one is immune from mistakes as deals cycles are long, solutions are more complex, buying processes are convoluted, and the number of people involved in a deal has expanded. If you avoid these common mistakes though, you can shift the competitive advantage and increase the likelihood of closing the deal.
"Sales - The new need of Life" represents my seniors experience. Many literature on sales are also used in our day to day experience, though its theoritical but its practical too and may lead to success if implemented accurately.
Part of your perks for attending the 2014 Summit in Denver was to get first access to the deliverables from the Crowdsourcing session led by Joe Galvin. Read the 12 Best Practices You Can Start Using Today .
The Sales & Marketing Loop explores how to make use of big data to drive revenue growth through: (1) Aligning sales and marketing teams, (2) Hyper-personalisation and automation of marketing, (3) Monitoring leads and (4) Converting leads. Sponsored by Forfront, CANDDi and Miller Heiman.
Learn how to go beyond the limitations of sales management and embrace the full potential of visionary sales leadership through this insightful presentation by Deb Brown, a nationally recognized Sales Effectiveness Expert.
Sales Managers, Overworked and Underdeveloped: How to Develop your Sales Mana...Sales Hacker
Sales Hacker Conference London 2017
Tamara Schenk - Research Director, CSO Insights
Visit SalesHacker.com for more actionable and educational sales content.
I was very intrigued by the article in the Harvard Business Review, and I wanted to share this with the rest of the world.
If you are in Sales, you definitely want to look at this.
In Insight Selling: Surprising Research on What Sales Winners Do Differently, we reveal the results of our extensive analysis of over 700 B2B purchases from the buyer’s perspective.
In our research, we found that sales winners consistently exhibit behaviors on three levels:
1. Connect
2. Convince
3. Collaborate
In this infographic, we share the road to becoming an insight seller and what you need to do in each level to maximize your sales results.
And if you want to know more about our research and findings, be sure to pick up your copy of Insight Selling by bestselling authors Mike Schultz and John Doerr: http://bit.ly/1j5Cvil.
SPIN selling technique is helping salespeople to gather more information and facts about the customers current situation, also discover the sales opportunities.
Business-to-business (B2B) selling is no longer about finding that one C-suite executive at the golf course. It's now about consensus sales. It takes average of 5.4 decision makers to approve a B2B purchase. 60% of the research is done before reaching out to sales. Half of B2B purchases involve millennials as decision-makers. How should marketing adapt to address the new dynamics of B2B purchases?
Has hiring been put on hold? Are you being forced to finish the year with less than a budgeted for team? How will you make the number with so few people?
In today's tough world 90% of salespeople are not meeting their Sales Targets.
Some challenges they face are:
a. Chasing prospects who don’t return calls
b. Inability to communicate VALUE to Buyers who, in today’s world are a lot more sophisticated, knowledgeable and cost conscious
c. Hearing TIO - ‘think it over’ - all too often, when they ask for the business
d. Discounting to obtain or keep business and
e. Dealing with a Heavy Prospecting Pipe – Line full of ‘fence-sitters’.
How to deal with these challenges, that directly affect the profitability of your company, is the aim of this presentation.
The challenges of managing a complex sales processAshutosh Bijoor
Is your sales process complex? Are you facing challenges in scaling up your sales process? What can you do about it?
These are some of the questions this presentation attempts to answer
Zero to 100 - Part 2: Building a Repeatable, Scalable Growth ProcessDavid Skok
Zero to 100 is a learning program from David Skok. It is a detailed instruction manual for how to take your startup from zero to $100m, with a particular focus on the area of building a go-to-market machine. So many of today’s founders come from a product or technical background, and have never been involved with sales and marketing. Right after starting their venture, they are hit with the huge problem of how to build their go-to-market organization and processes. It breaks the journey down into 9 steps, and explains why it is crucial not to skip steps in this journey in the rush to get ahead. The major emphasis of the course focuses on building a repeatable, scalable and profitable growth machine. Once you have that in place, you are ready to hit the gas and scale like crazy.
To see videos of the presentations, click here: https://www.forentrepreneurs.com/matrix-growth-academy-zero-to-100-videos/
LinkedIn and Social Media for B2B - Why now is the time.SkaledConsultuing
Learn about why Skaled sales & marketing consulting firm believes now is the time to get serious about your social media presence as a B2B company. Follow along as we dive into some tips, tricks, and trades for optimal social media success in 2018.
In Insight Selling: Surprising Research on What Sales Winners Do Differently, we reveal the results of our extensive analysis of over 700 B2B purchases from the buyer’s perspective.
In our research, we found that sales winners consistently exhibit behaviors on three levels:
1. Connect
2. Convince
3. Collaborate
In this infographic, we share the road to becoming an insight seller and what you need to do in each level to maximize your sales results.
And if you want to know more about our research and findings, be sure to pick up your copy of Insight Selling by bestselling authors Mike Schultz and John Doerr: http://bit.ly/1j5Cvil.
SPIN selling technique is helping salespeople to gather more information and facts about the customers current situation, also discover the sales opportunities.
Business-to-business (B2B) selling is no longer about finding that one C-suite executive at the golf course. It's now about consensus sales. It takes average of 5.4 decision makers to approve a B2B purchase. 60% of the research is done before reaching out to sales. Half of B2B purchases involve millennials as decision-makers. How should marketing adapt to address the new dynamics of B2B purchases?
Has hiring been put on hold? Are you being forced to finish the year with less than a budgeted for team? How will you make the number with so few people?
In today's tough world 90% of salespeople are not meeting their Sales Targets.
Some challenges they face are:
a. Chasing prospects who don’t return calls
b. Inability to communicate VALUE to Buyers who, in today’s world are a lot more sophisticated, knowledgeable and cost conscious
c. Hearing TIO - ‘think it over’ - all too often, when they ask for the business
d. Discounting to obtain or keep business and
e. Dealing with a Heavy Prospecting Pipe – Line full of ‘fence-sitters’.
How to deal with these challenges, that directly affect the profitability of your company, is the aim of this presentation.
The challenges of managing a complex sales processAshutosh Bijoor
Is your sales process complex? Are you facing challenges in scaling up your sales process? What can you do about it?
These are some of the questions this presentation attempts to answer
Zero to 100 - Part 2: Building a Repeatable, Scalable Growth ProcessDavid Skok
Zero to 100 is a learning program from David Skok. It is a detailed instruction manual for how to take your startup from zero to $100m, with a particular focus on the area of building a go-to-market machine. So many of today’s founders come from a product or technical background, and have never been involved with sales and marketing. Right after starting their venture, they are hit with the huge problem of how to build their go-to-market organization and processes. It breaks the journey down into 9 steps, and explains why it is crucial not to skip steps in this journey in the rush to get ahead. The major emphasis of the course focuses on building a repeatable, scalable and profitable growth machine. Once you have that in place, you are ready to hit the gas and scale like crazy.
To see videos of the presentations, click here: https://www.forentrepreneurs.com/matrix-growth-academy-zero-to-100-videos/
LinkedIn and Social Media for B2B - Why now is the time.SkaledConsultuing
Learn about why Skaled sales & marketing consulting firm believes now is the time to get serious about your social media presence as a B2B company. Follow along as we dive into some tips, tricks, and trades for optimal social media success in 2018.
This presentation offers tips for small businesses, freelancers and entrepreneurs about how to get the most out of Facebook, LinkedIn, Yelp, Twitter, BizSugar and other social media voting sites.
When people visit your company’s social media sites do they get a singular look and feel every time or do they find your social media branding confusing? Sites like Twitter have been going strong for 9 years, Facebook for 11 years and LinkedIn for 12! The verdict is, they aren’t going away soon and if you are on them, you need a unified look, feel and voice across your social platforms. Expert Holly Solomon will help you understand the current trends in social media today and discuss branding you and your company through social media. We will discuss the importance of consistency in your branding efforts and share tips and tricks in being successful in the most commonly used social platforms used today.
During this session you will learn some great tips on branding and using social media tools to allow your social launch to be successful:
-Understand why consistency in your brand/image is essential
-Tips in using Facebook and LinkedIn
-Examples of engaging content to use in your social posts
-How to monitor your network for valuable information
Social Selling University is not like social media courses which are typically designed for marketing departments. Social selling is a series of content that is being developed around how social media can be used to identify new opportunities and engage customers/prospects in social networks they spend the most time in. LinkedIn, Twitter, blogs and other social networks are filled with people asking for advice on products and looking to engage with friends, peers and experts to make intelligent buying decisions. This is where the opportunities are being created and sales people need to be part of those conversations.
Pioneering LinkedIn sales executives are changing how sales is done. Their social selling techniques are reshaping prospecting and account management best practice. Daily they are using LinkedIn Sales Navigator to find new leads, develop existing business and build valuable relationships.
Hear firsthand from two of our top performing sales execs - sales person to sales person - as they reveal how they do it, the tools they use and their top tips for success. These practical insights are not to be missed.
In this live webinar, you’ll learn:
--How to use Sales Navigator to find and engage with your decision-makers and influencers
--Advanced strategies to help deepen relationships with existing clients, uncover new prospect accounts and drive new revenue
--Best practices from our own Account Executives who use Sales Navigator daily to prospect and manage their accounts
Selling without Spending - The Social Networking Tips For Sales ProfessionalsVivek G Maudgalya
Selling without spending is the recent sales mantra. 78.6% of sales people using social media to sell out have outperformed when compared to those who weren’t using social media. Check out some tips and to-do things for a sales professional to follow on being social.
Today’s business leaders are struggling to understand how to harness the power of digital marketing tools such as social media to improve their business results.
In this Content Marketing Workshop, we cover:
- Whether social media is a useful business tool or a waste of time
- Why most companies can’t harness the power of social media
- A case study of how one engineering firm used LinkedIn to send lead generation results through the roof
A day in the life of a LinkedIn social sellerBlack Marketing
Pioneering LinkedIn sales executives are changing how sales is done. Their social selling techniques are reshaping prospecting and turning the conventional sales process on its head. Hear firsthand from three of the top performing members of our sales team — salesperson to salesperson — as they reveal how they run sales at LinkedIn, the tools they use, and their top tips for success.
Pioneering LinkedIn sales executives are changing how sales is done. Their social selling techniques are reshaping prospecting and turning the conventional sales process on its head. Hear firsthand from three of the top performing members of our sales team — salesperson to salesperson — as they reveal how they run sales at LinkedIn, the tools they use, and their top tips for success.
Similar to Ten Commandments of Social Selling (20)
2. Introduction
• This presentation walks through the ten most critical
aspects of social selling
• It is common to see many salespeople and sales
teams make the same mistakes when social selling
• With increasing noise across all channels of
communications, greater competitive challenges, and
more content available to buyers, social becomes
more important
• Despite the negativity and haters, social selling is not
going to go away quietly
2
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4. Social Selling is a bunch of…
4
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5. Questions you must ask
• Who exactly are you targeting?
• Are your prospects really on social?
• Does what you sell translate to social?
• Is your industry an adopter of social?
• Have your competitors gone social?
5
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6. What social selling can’t do?
• Substitute for real life conversations
• Automatically generate qualified leads
• Take prospects from interest to desire
• Negotiate and close your deals
• Be your one sole sales method
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7. What can social selling do?
• Support marketing advocacy = clicks
• Improve prospecting results = meetings
• Nurture existing deals = wins
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8. The Ten Commandments of Social
Selling
1. You shall have no other ways before sales
2. You shall not worship any one method
3. You shall not have any goals in vain
4. You shall remember your plan
5. You shall honor your brand
6. You shall target your outreach
7. You shall measure your activity
8. You shall operationalize your process
9. You shall not give false hype
10. You shall not copy another’s playbook
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9. No other ways before sales
• Social Selling = Sales AND Sales is Social
• Have the fundamentals in place before
rushing off to the social selling gold rush
• Own your training & development in sales
and always be learning
9
PRACTICAL TIP
Commit to reading one book about sales per
quarter or dedicating 15 minutes per day reading
sales blog posts
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SALES
10. Recommended resources
• Books
– Fanatical Prospecting by Jeb Blount
– Snap Selling by Jill Konrath
– The Sales Development Playbook by Trish Bertuzzi
– New Sales Simplified by Mike Weinberg
• Blogs
– A Sales Guy by Keenan
– The Sales Blog by Ian Narino
– Partners in Excellence by David Brock
– HubSpot Sales Blog
• Training
– Kurlan & Associates
– Richardson Training
– Sandler Training
– VorsightBP
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MANY OTHER SOURCES, BE CURIOUS
SALES
11. Don’t worship any one method
11
• Social selling is not something to use
exclusively outside of other approaches
• Mix and match different channels and
tools to increase your productivity
PRACTICAL TIP
The secret is to incorporate social into what you
are already doing today, so start with a broader
methodology + your own process
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MODEL
12. Plenty of sales methodologies…
• Miller-Heiman Strategic Selling
• Target Account Selling
• Solution Selling
• Sandler Selling System
• MEDDIC
• The Challenger Sale
• SNAP Selling
• Baseline Selling
• Value Selling Framework
• CustomerCentric Selling
• Insight Selling
• And many, many more vendor specific approaches…
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ADJUST AND CUSTOMIZE AS NEEDED
MODEL
13. 13
Don’t have any goals in vain
• Before using social selling, define your
why, your what, and your how
• Goals should be Specific, Measurable,
Achievable, Relevant & Time-bound
PRACTICAL TIP
Find people in your industry that are active on
social channels, observe what they do, then reach
out and ask them about THEIR goals
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FOCUS
14. Examples of social sales goals
• A smart goal
– Generate 5 substantive conversations with CMO /
VP Marketing level executive per week that leads
to at least 3 new deals per quarter
• A dumb goal
– Get to 5,000 connections LinkedIn and 10,000
followers on Twitter and get a bunch of likes and
shares and retweets
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FOCUS
15. 15
• Like any approach, it needs to become as
regular and automatic as a habit
• If it is not on your schedule, you never
make time and it never happens
Remember your plan
PRACTICAL TIP
Set 10 minutes before the workday and 10 minutes
towards the end of the workday for specific “social
activities” on your calendar & add alerts
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COMMIT
16. Ideas for social activities
• Scan your feed of news / blogs (use newsreader like
Feedly, Newsblur or Inoreader)
• Peruse tweets of a handful of people* you follow on
Twitter & LinkedIn
• Share one post you like on Twitter & LinkedIn, retweet
or like a few posts
• Send a few personalized LinkedIn connection requests
to potentially interesting people
• Respond to interactions with your followers,
connection requests & social activities you receive
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* These are your targeted prospects and industry influencers
COMMIT
17. Automation used wisely
Technology is not a substitute for thinking, but can
multiply your efforts
– Scheduled Posting – Buffer, Hootsuite, Twitter Ads,
Sprout Social
– Follower Growth – GrowthChamp, Followerwonk,
Manage Flitter
– Advanced Workflows – IFTTT, Zapier, App-to-App
integrations
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COMMIT
18. 18
Honor your brand
• Most salespeople neglect taking time to
build their professional image
• Credibility is built when prospects can see
your authentic POV (point of view)
PRACTICAL TIP
Build an online folder & spreadsheet of content
that can be used (your own, your company, other
sources) that align to your POV
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REAL
19. Doing a quick social makeover
LINKEDIN
Avoid the resume approach
High quality profile picture
Fill-in your profile and make
sure its current
Use a catchy tagline rather
than your company & title
Get handful of
recommendations
Use the summary to describe
your value and expertise to
clients
Share relevant posts & content
that you collected
Make your profile public
Add your contact information
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TWITTER
Use your name & a
professional handle
High quality profile picture
(same as LinkedIn)
Fill-in your bio and include a
company handle / hashtag
Add location and website
Schedule a series of relevant
tweets
Start to follow more people you
want to target (watch your
follow ratio)
Make your profile public
Get alerts for certain targeted
profiles
REAL
20. The perfect social profile
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Not simply a resume
Professional headshot
Personalized LinkedIn URL
Complete profile
Quickly understand value she provides
Shares some relevant content
Summary speaks to her “why”
Good number of connections
21. 21
Target your outreach
• Define your audience, find prospects &
learn what they care most about
• Personalization is critical, remember that
content without context is spam
PRACTICAL TIP
Use tools such as Nimble, Full Contact, Rapportive,
Clearbit, etc. to find social profiles of targeted
prospects & reach out using across those channels
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TARGET
22. What social spammers do
• Refuse to customize LinkedIn connect requests
• Send LinkedIn connect request, then message you
immediately with a pitch
• Use automated messaging like Twitter Direct Messages when
connecting
• Like, retweet, favorite everything without reading or providing
intelligent comments
• Send out the same low-grade, non-personalized content over
and over again
• Do not engage in meaningful conversations other than to pitch
their stuff
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DON’T BE A NOISE GENERATOR
TARGET
23. What social winners do
• After having a conversation with prospect, send personalized
LinkedIn connection request
• Post a relevant and high quality post on LinkedIn that speaks
to your prospect’s need / pain point
• Follow company on LinkedIn and Twitter, observe stuff
company talks about and shares
• Visit a few other executive and mid-level employee LinkedIn
profiles and follow the more active ones
• Have a touch plan that incorporates LinkedIn & Twitter
outreach and share content that reflects need / pain point
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BE A VALUE GENERATOR!
TARGET
24. Secrets of a LinkedIn power user
WHAT TO DO MORE INFO
Upload your contacts This expands your 1st level connections, creating many more 2nd level connections
that are easier to reach
Viewers of this profile… When connecting to a prospect, use this section to see other relevant contacts,
then create the prospect org chart
Advanced search Find prospects by title, company, location, keyword, company size, seniority level,
groups, etc. (some of these require paid account)
Ways to keep in touch Respond to changes / updates of your contacts 1) let’s you know important contact
updates 2) puts you top of mind w/ contacts
Join groups Another access point to relevant prospects to connect to & discussions can lead to
reasons for making a connection
Follow companies Provides updates & content from companies to use in your outreach
Deep prospect research Lots of useful info; contact info & links, posts & media, work & schools, interests,
volunteer work, recommendations, groups, how to contact, etc.
Connect requests Personalize invite and use the 300 characters to 1) talk about them 2) why they
should connect 3) call to action
InMails Last rung of outreach, note that any response to an InMail within 90 days (even not
interested) returns your credit
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TARGET
25. Secrets of a Twitter power user
WHAT TO DO MORE INFO
Upload your contacts Increases your number of connections, growing your credibility and more
importantly the reach of your tweets
Who to follow Recommendations on like accounts to build your network; also note the “You might
want to follow these similar accounts” right after following someone
Advanced search Can use https://twitter.com/search-advanced to find similar users or users
interested in similar topics
Hashtags Three ways to leverage 1) add one relevant hashtag to your bio 2) add one or two
hashtags to enhance visibility of your tweets 3) follow hashtags for discussions
Build lists Build a few lists to capture 1) industry leaders 2) prospects – both people and
companies 3) industry / profession tips & tricks
Follow lists Lists provide a way to follow a curated set of users, look out for lists created by
industry leaders / influencers
Deep prospect research Read through tweets of active prospects and see who they follow, what hashtags
they follow, and which lists they joined
Like and retweets Use these as icebreakers a couple of days before OR after following a user you have
targeted; avoid creepy, but continue to do so sparingly
Direct messaging Can be effective if not used as pitch, apply same rules as LinkedIn InMails or direct
emails; best way is to share useful content like a post or webinar
25
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TARGET
26. 26
Measure your activity
• Remember the point about goals is that
they need to be measurable
• Avoid vanity metrics and things that do not
have a line of sight to revenue
PRACTICAL TIP
Track social engagement in your CRM / sales tool,
have designated activities & tasks for different
social channels
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MEASURE
27. Tracking social to revenue
• What is your return on investment using social? More than
source!
– Lead source is not enough, track task level and identify the
CHANNEL of engagement
– Use automation to capture LinkedIn & Twitter activities in the
CRM / sales tool
• What does not lead to revenue…
– SSI – LinkedIn’s Social Selling Index
– Klout and Kred scores
– Number of connections / followers
27
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MEASURE
MONEY METRICS MATTER MOST
28. 28
Operationalize your process
• New approaches take time to refine and
become comfortable with
• Once you have learned and adjusted the
approach, begin to scale out to team
PRACTICAL TIP
Compare social activities in CRM sales tool vs. each
other & phone / email outreach. Look for # of
activities, # of deals, deal size, length of sales cycle.
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LEARN
29. Building repeatability
• A/B test your messaging for connection requests, tweets,
LinkedIn posts, LinkedIn shares
• Test different touch plans, time between touches, and number
of overall touches
• Build templates for messaging and centralize all templates for
easy access
• Create standard process and setup within CRM / sales tool
• Add automation and alerts where applicable to ensure
compliance and discipline of social selling habits
29
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LEARNING BEGETS SUCCESS
TARGET
30. 30
Don't give false hype
• Easy to put on the “Happy Ears” and base
results on anecdotal evidence
• Ask hard questions and do not support
activities and effort without results
PRACTICAL TIP
Set goal of one or more deal reviews per quarter
with sales team that originated from social activity.
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RESULTS
31. Sharing is caring (and winning)
• Story telling is core sale skill, create case studies that show
social selling success
• Create a Slack channel (or other app) to continuously share
tips across team
• Incorporate social as a category on sales analytics
dashboards and share with team
• Support each other’s social selling activities with retweets,
share & likes
• Add an MBO (management by objectives) to quarterly
bonuses for documenting social selling successes
31
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BUILD ON SOCIAL SUCCESSES
RESULTS
32. 32
Don't covet another’s playbook
• There is no one-size-fits-all approach or
strategy in sales
• Hone in on the unique model that works
for you and for your team
PRACTICAL TIP
Your sales playbook should have social engagement
plays and have your repeatable social activities
incorporated
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UNIQUE
33. Let’s Talk
• Follow me and send a tweet
@marksbirch
• Connect over LinkedIn and mention this
presentation
https://www.linkedin.com/in/marksbirch
• If you sell to enterprises, join us for the Enterprise
Sales Meetup
http://enterprisesalesmeetup.com/
• If you are focused on prospecting, join us for the
Sales Development Meetup
http://www.meetup.com/Sales-Development-
Meetup/
33
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You
You have a product
You have an assumption about who needs it and why
Prospects
There are people in your target market that could use your product
These people can use your product now
How to you find that intersection in a way that is fast and cost efficient? Basically getting butts in seats.