The Social Selling Maturity Model (SSMM) outlines five stages that sales teams progress through as they adopt social selling: 1) Random Acts of Social, 2) Policy, 3) Training, 4) Integration, and 5) Optimization. As teams move through each stage, the participation in and effectiveness of social selling increases, resulting in sales lifts of 1-2%, 7-8%, 10-15%, and potentially 15-20% respectively. The SSMM provides sales leaders a framework to guide their teams' social selling adoption and maximize its impact on performance.
In this piece from Raconteur - The Social Business, Shoutlet discusses why a consolidated approach from marketing and IT will drive results from social media efforts.
In this piece from Raconteur - The Social Business, Shoutlet discusses why a consolidated approach from marketing and IT will drive results from social media efforts.
The Way to a True End-to-End Social Media-Centric EnterpriseCognizant
To ride the social media wave and cash in on emerging opportunities across the organization, enterprises need to establish the processes, frameworks and workflows on which social media drives business transformation.
Evolution Not Revolution: The Social Intelligence Maturity ModelTodd Todd
http://synthesio.com/corporate/en/resources/#guides | Intelligence on social media interaction is constantly evolving. In the increasingly interconnected world we live in today, the need for a model to encompass this topic has become very relevant for businesses and organizations. Synthesio answers this with the social intelligence maturity model.
Happy Juice principles: How to create a marketing organization that informs a...Browne & Mohan
Many companies spend lot of marketing without realizing the expected benefits. This happens because they simply lack a coherent approach. In this white paper, Browne & Mohan consultants share a proven empirical approach that makes sure your marketing efforts do perform.
Finding Your Focus in the Social Media Maelstrom with Margaret Dawsonsemrush_webinars
The social media landscape is becoming more complex and crowded every day. It feels like marketers need to be everywhere in order to have a brand presence and gain awareness among the fast-growing social media audience.
But sometimes you need to step back and prioritize your digital marketing initiatives and focus on where you can have the greatest impact. If you are like most marketers, you have incredibly limited resources and bandwidth.
To help you prioritize, we've brought in Rival IQ CMO Margaret Dawson, who brings 20 years marketing leadership experience with startups and Fortune 500 companies, including Amazon.com, Microsoft and HP. In this Webinar, Maragaret will go through clear steps in identifying the right social channels for your organization, whether B2C or B2B. She will also provide best practices for the leading social networks.
This webinar will delve into key questions, such as:
Where is your target customer spending time?
Where are your competitors on Social Media?
What Social Media channels are driving the greatest traffic and conversion?
To help find the keywords that will resonate with your audience the most, attendees of this webinar will have access to a FREE 30-day trial of SEMrush Guru.
Bloggers, Vloggers & More: How Influencers Matter for Beauty and Fashion Brandsfairfieldista
Influencer marketing has become an essential strategy for beauty and fashion brands. In our webinar, we look at the growth of influencer marketing, the challenges of identifying bloggers and vloggers, and best practices for working with influencers.
Our annual content marketing research, providing new information and insights on the state of B2C content marketing in 2020. This report focuses on business-to-consumer (B2C) marketers and their content marketing benchmarks, budgets, and trends.
Social media contributes value to interactive marketing programs in many ways — but measuring
that value is difficult. The sheer volume of social media metrics can quickly become overwhelming
and distracting for key stakeholders. To keep your team focused, you must become the hub of
your company’s social media marketing reporting and create standardized reporting templates and
frequencies for different types of stakeholders: frequent reporting of digital metrics to community
managers and social media strategists, per-campaign or annual reporting of branding and trial metrics
to other marketing team members, and quarterly or annual reporting of financial metrics to executives
their reporting and trackingHow Industrial Marketers Track ROI?Andrew Flynn
More and more, marketers are being tasked with proving the return on investment (ROI) of their marketing initiatives. This can pose a challenge, because there are many ways to determine the results and value of each campaign. For our most recent Marketing Maven survey, we wanted to know more about how industrial marketers handle proving ROI and what challenges they encounter.
The Way to a True End-to-End Social Media-Centric EnterpriseCognizant
To ride the social media wave and cash in on emerging opportunities across the organization, enterprises need to establish the processes, frameworks and workflows on which social media drives business transformation.
Evolution Not Revolution: The Social Intelligence Maturity ModelTodd Todd
http://synthesio.com/corporate/en/resources/#guides | Intelligence on social media interaction is constantly evolving. In the increasingly interconnected world we live in today, the need for a model to encompass this topic has become very relevant for businesses and organizations. Synthesio answers this with the social intelligence maturity model.
Happy Juice principles: How to create a marketing organization that informs a...Browne & Mohan
Many companies spend lot of marketing without realizing the expected benefits. This happens because they simply lack a coherent approach. In this white paper, Browne & Mohan consultants share a proven empirical approach that makes sure your marketing efforts do perform.
Finding Your Focus in the Social Media Maelstrom with Margaret Dawsonsemrush_webinars
The social media landscape is becoming more complex and crowded every day. It feels like marketers need to be everywhere in order to have a brand presence and gain awareness among the fast-growing social media audience.
But sometimes you need to step back and prioritize your digital marketing initiatives and focus on where you can have the greatest impact. If you are like most marketers, you have incredibly limited resources and bandwidth.
To help you prioritize, we've brought in Rival IQ CMO Margaret Dawson, who brings 20 years marketing leadership experience with startups and Fortune 500 companies, including Amazon.com, Microsoft and HP. In this Webinar, Maragaret will go through clear steps in identifying the right social channels for your organization, whether B2C or B2B. She will also provide best practices for the leading social networks.
This webinar will delve into key questions, such as:
Where is your target customer spending time?
Where are your competitors on Social Media?
What Social Media channels are driving the greatest traffic and conversion?
To help find the keywords that will resonate with your audience the most, attendees of this webinar will have access to a FREE 30-day trial of SEMrush Guru.
Bloggers, Vloggers & More: How Influencers Matter for Beauty and Fashion Brandsfairfieldista
Influencer marketing has become an essential strategy for beauty and fashion brands. In our webinar, we look at the growth of influencer marketing, the challenges of identifying bloggers and vloggers, and best practices for working with influencers.
Our annual content marketing research, providing new information and insights on the state of B2C content marketing in 2020. This report focuses on business-to-consumer (B2C) marketers and their content marketing benchmarks, budgets, and trends.
Social media contributes value to interactive marketing programs in many ways — but measuring
that value is difficult. The sheer volume of social media metrics can quickly become overwhelming
and distracting for key stakeholders. To keep your team focused, you must become the hub of
your company’s social media marketing reporting and create standardized reporting templates and
frequencies for different types of stakeholders: frequent reporting of digital metrics to community
managers and social media strategists, per-campaign or annual reporting of branding and trial metrics
to other marketing team members, and quarterly or annual reporting of financial metrics to executives
their reporting and trackingHow Industrial Marketers Track ROI?Andrew Flynn
More and more, marketers are being tasked with proving the return on investment (ROI) of their marketing initiatives. This can pose a challenge, because there are many ways to determine the results and value of each campaign. For our most recent Marketing Maven survey, we wanted to know more about how industrial marketers handle proving ROI and what challenges they encounter.
This ebook covers the following topics with regard to social selling across an enterprise.
1) Balancing Relationship-Based Culture and Performance
2) Social Selling Satisfies Revenue Demand and Buyers Needs
3) Driving Organizational Change in a Social World
4) Become a Trusted Advisor & Win More Deals
5) How LinkedIn and Other Leading Companies Drive a Relationship-Focused Sales Culture
Slides para apresentação
Publicidade infantil: entenda quais são os perigos
As crianças são consideradas sensíveis e vulneráveis à publicidade, por isso a propaganda para esse público deve ser regulada cuidadosamente
Por ser um público extremamente sugestionável, persuadido com facilidade, as crianças são vistas pelas empresas como parte relevante do mercado. Para o Idec, tendo como base o artigo 37 do Código de Defesa do Consumidor, a publicidade direcionada ao público infantil é abusiva pois se aproveita da deficiência de julgamento da criança. O Conselho Federal de Psicologia afirma que “além da menor experiência de vida e de menor acúmulo de conhecimentos, a criança ainda não possui a sofisticação intelectual para abstrair as leis (físicas e sociais) que regem esse mundo, para avaliar criticamente os discursos que outros fazem a seu respeito”.
Segundo a advogada do Idec Mariana Ferraz, a criança é muito sensível às práticas de marketing. A problemática fica ainda maior quando a publicidade estimula padrões de consumo alimentares não saudáveis.
No caso do setor alimentício, muitas empresas lançam mão de práticas desleais, como a associação da alimentação a brinquedos, ou utilização de linguagem lúdica própria ao universo infantil em suas peças publicitárias. “A OMS (Organização Mundial da Saúde) já se pronunciou pela necessidade da regulação da publicidade de alimentos e, em 2012, a Opas (Organização Pan-Americana da Saúde) publicou recomendações http://www.idec.org.br/em-acao/em-foco/idec-cobra-do-governo-regulaco-da-publicidade-infantil para a regulação da publicidade de alimentos não-saudáveis direcionada às crianças. Resta que os governos adotem essas recomendações e implementem políticas para regrar a publicidade direcionada às crianças”, afirma a advogada.
Desde 2005 a OMS reconhece a comercialização de alimentos não saudáveis para a população infantil como um fator que contribui para o aumento dos níveis de obesidade e sobrepeso. Embora alguns acordos diretos com empresas do setor alimentício tenham sido fechados, o órgão tem ressaltado que cabe aos governos a responsabilidade de garantir a tomada de medidas efetivas, bem como o monitoramento dos acordos de restrição da publicidade de alimentos não saudáveis voltados às crianças.
“O Idec entende que toda publicidade que tem o público infantil como interlocutor desrespeita o princípio da identificação, pois a criança não tem condições de analisar criticamente o interesse mercadológico que existe por trás da informação direcionada a ela. Por ser hipervulnerável às práticas de marketing, esse público merece especial proteção”,
The Definitive Guide to Social Selling for LeadersSales for Life
The definitive guide to social selling for leaders details everything you need to know about social selling—from getting started and implementation, to measuring success and scaling within your team.
Digital Marketing & Revenue Generation: A Framework for Accountable MarketingComplexant
In today’s digital marketing landscape there are no more excuses. Gone are the days where we would buy ads and hope for the best. Today, we have access to data that marketers could have only wished for a few years ago.
As a result, CEOs now want marketers to become 100% ROI-focused. Unfortunately less than 1 in 3 companies are able to properly calculate marketing ROI.
In this guide we look at the Accountable Marketing Methodology that we developed at Complexant to provide you with a structured approach to work from and build upon. Any marketing department can use this methodology to go from a traditional or lead-gen focused marketing organisation to an accountable, revenue-focused marketing organisation.
We will look at:
- How the Media Landscape has changed and how that affects the role of marketing.
- The CAM Methodology for Accountable Marketing.
- The Four Revenue Pillars and 5 Revenue Milestones.
- Why (new) Digital Marketing tactics aren't the answer.
While each and every organisation is unique and the scope of this guide only scratches the surface of the overall revenue marketing discussion - we hope you will find it valuable as a reference point to build upon when your formulating your own plans.
For more stuff like this visit our blog at http://www.complexant.com
Social Media (Influence) Marketing by Martin WalshMartin Walsh
This is the detailed Social Media (Influence) Marketing Framework I developed a few years ago but which I constantly update based on practical experience implementing it in my roles at Microsoft and IBM. I have shared this strategic framework with many other organisations and provided advice on how to define, implement, operationalise and execute this tactic, particularly in context of a 360 degree integrated program and or campaign.
What CMOs should know when they hire a Social Media DirectorViosk International
Is your organization ready for Social Media Marketing? Is your team ready? Are you executives buying into your strategy? Explore the how-to steps in hiring the right Social Media Marketing Director and make sure your company is ready for major changes in the way you think, operate and conduct business in 2011.
Social@Ogilvy and OgilvyOne thought-leadership on unlocking engagement opportunities across the customer journey.
This research aims to answer a simple question. Do visible Social programmes undertake the fundamental Customer Engagement activities that drive sales, loyalty and advocacy?
While many leading companies have the building blocks in place to participate in and leverage social media, many are pausing and asking deeper questions around how they can best evolve and transform their technology systems and operating processes in order to maximize the benefits social media offers.
SN real-time updates help reps by:
1) Uncovering new decision makers at their accounts
2) Visibility to content their prospects and customers are sharing
on LinkedIn
3) Discover news that signals new sales opportunities
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(No Change to Lift)
Policy 1-2%
STAGE 2
Training
STAGE 3
Integration
STAGE 4
Optimization
STAGE 5
Increase to
7-8%
25%
10%
5%
0%
Increase to
10-15%
Increase to
15-20%
Random Acts of Social Sales Lift
1-2% % of B2B
Companies
STAGE 1
60%
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The Social Selling Maturity Model (SSMM)
3. Social selling works.
The verdict is in: Social selling works.
Multiple studies have found that sales professionals who use LinkedIn, Twitter, and other social networks to sell consistently outperform their peers who don’t. For example, Aberdeen Group has found that 46% of social sellers make quota, compared to only 38% for reps who don’t practice social selling.
It’s easy to see why social selling works. Sales, especially B2B Sales, is all about relationships. The most successful salespeople build trusted, 1-to-1 relationships with buyers. They cultivate those relationships before and after the
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4. close, leveraging them to drive referrals, renewals, upsells, and follow-on opportunities.
Online social networks make it dramatically easier for sales professionals to cultivate the 1-to-1 relationships that drive sales. Tools like LinkedIn, Twitter, Facebook, and Google+ allow sales professionals to create compelling personal brands, to build networks with the people who matter, to share valuable content, and to listen for opportunities to engage in a meaningful way.
Social Selling requires behavior change.
Few sales teams are taking advantage of the social selling opportunity.
In PeopleLinx’s 2014 survey of B2B sales professionals, only 31% of respondents reported using social as part of their selling process. With just 26% of respondents feel they know how to use social media effectively for selling, it’s no wonder organizations struggle to unlock the social selling opportunity.
Fixing this problem isn’t easy for sales leaders. Social
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5. selling can’t be “turned on” simply by throwing a switch or even hiring a trainer. Implementing social selling requires sales professionals to change the way they do business every day. Changing the team’s selling behavior is one of the most difficult challenges a sales manager can tackle. The bigger the sales team, the bigger the challenge.
The Social Selling Maturity Model (SSMM)
Backed by extensive survey data and hands-on experience working with hundreds of sales organizations, PeopleLinx has developed the world’s first Enterprise Social Selling Maturity Model (SSMM).
The SSMM was developed with sales leadership in mind. While much has been written about social selling, most is geared towards the individual salesperson. The Maturity Model takes the perspective of the senior sales leader, who is responsible for the performance of an entire sales team. The SSMM describes stages through which sales teams pass on their way to social selling excellence.
PeopleLinx research found that the path to social selling excellence is fairly uniform across organizations,
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6. regardless of industry or price point. Teams go through
five main steps, which we’ve named: Random Acts of
Social, Policy, Training, Integration, and Optimization.
We’ll take each of these in turn.
Stage 1:
Random Acts of Social
This is where every company and sales team starts its
social selling journey. Individual sales professionals create
accounts on social sites like LinkedIn, Twitter, Facebook,
Google+, and other social networks. Salespeople then use
these networks as a new channel for their sales activity:
building a brand, posting content, hunting for prospects,
and sending messages.
Random acts of social are characterized by complete
lack of coordination. At this stage, reps are on their
own when it comes to social selling. Activity is driven
by the innovation and resourcefulness of early adopters
who see the potential of social selling and seize the
initiative without asking for help or permission. There
is no organizational governance, coordination, or risk
management.
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DESCRIPTION
Individual exploration and experimentation
PROCESS
None
ACCOUNTABILITY
The individual salesperson
SALES LIFT
1-2%
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7. Even at this stage, the benefits to the individual
salesperson can be significant. PeopleLinx survey data
indicates that for “early adopter” sales reps who embrace
social selling attribute, nearly 15% of their closed business
is influenced by social.
ROI perspective. From an overall team standpoint,
the impact of social selling is limited. Without formal
programs in place to help them, only 20-25% of sales
professionals incorporate social networks into their selling
process. The remaining 75-80% continue to sell without
the benefit of social. As a result, Random Acts of Selling
only delivers a 1-2% performance improvement to sales
teams—a nice bump, but hardly transformative.
Stage 2:
Policy
The Policy stage of the SSMM is marked by a desire
mitigate the risks associated with Random Acts of Social.
As social selling starts to spread across an organization,
management typically becomes concerned about
potential risks associated with salespeople publishing
content directly to the market. At this point Marketing
(and Compliance for regulated industries) step in to bring
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DESCRIPTION
Corporate social media policies and governance
PROCESS
Issue escalation protocols
ACCOUNTABILITY
Legal / Compliance
SALES LIFT
1-2%
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8. discipline and consistency to the company’s branding and messaging on social networks.
At this stage, companies make important structural changes that clear the way for future social selling. They write and distribute a corporate social media policy. They establish processes for monitoring employee use of social media. In regulated industries this often includes the introduction of a social media compliance platform.
This is also the stage at which Marketing begins to assert itself as the authoritative voice of the brand. Within the last 12-18 months, B2B marketers have begun to embrace social marketing in ways that rival their B2C peers. A 2014 study by Content Marketing Institute found that 91% of B2B marketers publish content on LinkedIn and 85% publish on Twitter. Even Facebook, the most consumer- oriented social network, is used as a publishing platform by 82% of B2B marketers.
ROI perspective. While Policy is an important step in a company’s social selling evolution, this is a defensive move without direct benefits for sales performance.
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9. Stage 3:
Training
Having established a marketing, legal, and compliance
foundation, companies are now in a position to empower
their sales teams with broad-based social selling
initiatives.
At this stage, these initiatives take the form of training.
Whether delivered via e-learning or classroom, outsourced
or internally staffed, these trainings educate sales teams
on the basics of selling with social. Curriculum covers
selling techniques like personal branding, etiquette for
making new contacts, social prospecting, and content
sharing, as well as compliance policy around topics like
endorsements, client confidentiality, and intellectual
property.
Social selling increases noticeably with this stage of the
SSMM. Once limited to early adopter reps who naturally
embrace new technologies, social selling awareness is
spreading across the full team. Leadership signals a
desire, perhaps even an expectation, that salespeople use
social networks to sell. Marketing supports the effort by
supplying Sales with vetted, approved content to post and
share online.
ROI perspective. PeopleLinx survey data indicates
that formal training programs expand social selling
participation from 20-25% to 70-75%. Sales professionals
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DESCRIPTION
Live trainings for sales team members
PROCESS
Ad-hoc training events
ACCOUNTABILITY
Training (internal or external)
SALES LIFT
7-8%
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10. whose companies offer formal training programs report
greater than 2x the influence of social selling on revenue
generation as compared with peers whose companies do
not offer training. These forces combine to generate a 7-8%
top-line lift when companies offer formal training on social.
Stage 4:
Integration
Despite many benefits, impact achieved in the Training
stage is limited by two factors: measurement and
scalability. Managers can’t measure how employees are
(or aren’t) acting on the information communicated in
the training. And training is difficult to scale, especially in
organizations with high employee turnover.
Selling teams overcome these limitations in the Integration
stage of the SSMM. At this point companies advance
beyond training as a one-off initiative and weave social
into every aspect of their selling process.
CRM integration is the key to sales process integration.
Individual reps are given social tasks or “to-dos” based
on their leads, pipeline, and account assignments in CRM.
Tracking and reporting on social activity becomes a core
activity for Sales Ops, done manually or with support from
integrated systems.
10
DESCRIPTION
Social integrated into core sales process and metrics
PROCESS
CRM integration, structured reporting
ACCOUNTABILITY
Sales Ops
SALES LIFT
10-15%
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11. ROI perspective. PeopleLinx analysis indicates that
CRM integration increases both the participation and
effectiveness of social selling. This elevates the top-line
contribution of social selling to 10-15%.
Stage 5:
Optimization
In this highest stage of social selling maturity, sales
organizations analyze empirical data on past success to
guide future actions on social. These organizations move
beyond generic best practice to “close the loop” on such
strategic social selling questions as:
• Which team members’ success comes from
relationships, and why?
• Which types of content are most effective in
influencing won opportunities?
• Which target companies, roles, and/or geographies
are underrepresented or oversaturated on the team’s
social graph?
• At what point in the deal cycle is it most effective for
reps to connect with prospects on social networks?
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DESCRIPTION
Sales process modified based on social insights
PROCESS
Structured feedback loops to the sales team
members
ACCOUNTABILITY
Sales Leadership
SALES LIFT
15-20%
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12. •
Which social networks drive the greatest return for your markets?
ROI perspective. While it’s still early to have empirical data on the ROI of the Optimization stage, PeopleLinx’s study of traditional CRM and other enterprise process improvements suggests that this stage will deliver a total performance improvement of 15-20% for fully mature social selling teams.
Conclusion
We predict that by 2020, social selling will be a firmly established sales practice. It will be as commonplace as quotas and pipeline reviews.
The benefits of social selling are significant. As the Social Selling Maturity Model (SSMM) shows, selling teams who fully embrace, integrate, and optimize their social selling activity can expect to see top-line improvement of 15-20%.
Sales leaders should approach social selling as an organizational journey. It is larger than any one tool, project, or initiative. Social selling requires sales professionals to change their behavior, which is always a challenge. The SSMM lays out the five stages through which teams progress in order to realize the social selling
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13. opportunity. For most organizations, making it through all five stages will be a multi-year effort.
While the journey may be long, the benefits are immediate. This is not an all-or-nothing value proposition. Sales leaders can and will unlock value in the early stages of the journey. Start small and calibrate the investment of time and money based on results.
The question for sales leaders is not whether to adopt social selling, but how—and how quickly—to integrate it into sales process.
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About PeopleLinx
PeopleLinx makes social selling easy. Founded by early LinkedIn employees, PeopleLinx guides sales professionals to build relationships, attract qualified leads, and drive upsells using online social networks. Our technology maps to your sales process, integrates with CRM, and measures results. A Gartner Cool Vendor, PeopleLinx’s customers include Fortune 500 leaders in financial services, high-tech, and professional services. To embed social in your team’s sales process, visit www.peoplelinx.com.
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