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On January 26th, InsideView reached its 5,000th follower. Although some may not view this as an astronomical milestone in the metrics of social media, to us it is a huge accomplishment. We are not your typical company when it comes to social marketing, where the number of followers rule the measured success of our social engagement. Though more followers is always nice to have, we’ve held the position that its better to have 200 engaged members in our community than 10,000 people that don’t really care what we have to say and never interact with us. InsideView marks each follow as the establishment of a relationship geared towards benefiting all individuals throughout all cornerstone of business.

Congratulations to David Greenwald of PGi for being our 5000th follower! David has been using InsideView to make him more productive for years. It’s awesome to have customers like him making an impact by leveraging sales intelligence. PGi is a developer of video conferencing software that has a pretty slick interface. They were the first video conferencing platform I saw that integrated social networks into their product, and you all know how much of a fan I am when it comes to B2B use of social networks.

As a Global Sales Executive, David can really benefit following our tweets as we generally like to reach out to sales people around the world to better their skills and selling methods. Give him a follow @nexgentechsales. Thank you David!

We would like to take this opportunity for those who are reading this blog post and follow InsideView through any social media channel, to say thank you for all of the tweets and feedback you have given us over the years…You truly are our #1 fans.

We partnered with Focus.com to discuss the best practices to leverage social media for sales teams. After talking to eight of the top thought leaders in sales training and sales technology we wanted to bring their insights to you. This is going to be a 3 part series that covers what successful salespeople are doing to leverage social media in lead generation and accelerating their opportunities. Some of these experts are listed in our post on the 25 most influential sales leaders. Much appreciation to these experts for taking the time to address the question “How do your successful salespeople leverage social media for selling?

The first step and one that was consistent across 100% of the successful salespeople was to get connected.

Use your existing connections and networks to actively pursue new introductions.

“It’s so easy, on sites from LinkedIn to Facebook and more, to see who your existing ‘friends’ and connections already know. On LinkedIn, for example, you can quickly search for contacts you want to meet based on which of them are already connected to people in your existing network. This is one of the best ways to get referrals and introductions, not by asking your network to ‘keep you in mind’ but, instead, periodically asking for specific introductions. By getting specific, your conversion rate goes up and you’re talking to the people you specifically want to meet and sell to. In your existing organization, there is the sales team, but I’m thinking the rest of the company is a gold mine of potential introductions — especially founders, longtime employees and others who have spent a long time in your industry. They know people, people know them, and they’re more likely to help you make connections and new introductions.” (Heinz)

“Every time they receive a referral, email or leadership content, salespeople can highlight names mentioned in document, then research mentioned leaders, clients and customers — even competition — and send a note or invitation asking to join their conversations via LinkedIn, Twitter, Facebook and other social media platforms. By connecting with each other, you then can offer assistance or referrals and also build a trusted network of individuals to help build your referral base. Most people are thrilled you took the time to reach out to them when reading their books, viewing their videos, etc.” (Bieler)

“Successful salespeople are also using social media to identify the relationships that their prospective clients have to other people they already know. Successful salespeople aren’t afraid to leverage their relationships, to ask for introductions, and to rely on the people they know and what they know to open these relationships. Because these social media connections exist, what was once invisible is now visible; it’s easy to identify relationships and leverage them to find a way in. But it’s important to remember that your prospective clients are also using the tools to learn about you. Recently, I called on a major prospective client. After our meeting, he searched for my name on the Internet and found that we had a common connection on Facebook (his best friend from high school). He called his friend to get a reference on me before deciding whether or not to move forward. Fortunately, his friend recommended my work. Social media is no longer something salespeople can opt out of. It reminds me of what President Richard Nixon used to say about foreign affairs: ‘You might not be interested in the world, but it’s interested in you.’ ” (Iannarino)

Use Twitter and other social channels to build deeper, early relationships with new prospects.

“Here’s exactly how you do it (at least with Twitter, but other social channels can likely be done in a similar fashion). Build a list of the prospects in your territory or market. With the help of an admin or an outsourcing service like eLance, go and collect the Twitter handles of each company and as many of the individuals as you can find. Using your own Twitter account, follow those companies and individuals. Then, using a tool such as HootSuite, set up a separate column where you can specifically watch activity from those prospects. This makes it easier and faster to engage with them on a regular basis. Answer their questions. Share a resource. Retweet their articles. In other words, use their attention to this social channel to build value by interacting where they are already spending their time and looking for information.” (Heinz)

Sales Intelligence - insideview

Let’s face it, making contact with C-level executives and other decision makers is not an easy task. 92% of C-level executives NEVER respond to email blasts or cold-calls. According to the 2011 Sales Performance Optimization Survey from CSO Insights, the average sales professional spends 25% of the workday researching potential prospects. Yet after hours of scouring the web, you still don’t know who the right buyer is and what technologies they use.

In this interview 1to1 Media‘s Tom Hoffman speaks with Ralf VonSosen, Vice President, Marketing at InsideView, about the steps that decision-makers can take to collect and act on intelligence about B2B customers.

Spray and pray tactics don’t work.

Contact data is not enough. A phone book is not an efficient tool to go after new prospects. Traditional methodologies of cold calling is dead, without context around your contact and having relevant information on your prospect you are not going to get their attention. Building a story around your product and how that can help a specific prospect can’t be achieved by dialing for dollars. That sales process just doesn’t scale any longer.

The average sales professional spends 25% of the workday researching potential prospects

Gathering personal insights

Once your sales teams learn to leverage sales intelligence applications and cut down their research times they can become more effective selling machines. Most sales professionals do not have the opportunity to go into a prospects office and look at the photos on their desk, understand their pains and get the complete view of their situations.

Contact data can’t provide this but through other technologies all sales people have the ability to get into the customers brain and see what they are dealing within the industry, corporate initiatives and even their personal lives. Traditional news and social profiles open up a world of possibilities to both customers and sales reps to make sure that communications are timely, relevant and welcomed. We are now dealing with the social enterprise where companies and the employees are actively engaged with social networks, sales teams that can adjust to this trend will reap all the rewards while companies that lag behind will be left wondering “Where did all my customers go?

 

Interested in learning how your organization can increase sales productivity and efficiency? Of course you are. Tune in tomorrow (Wednesday, 1/27) at 10 a.m. PT/1 p.m. ET for valuable insight from Peter Ostrow, the Aberdeen Group’s sales effectiveness research director. Peter will highlight the results and benefits of SalesView, along with other great perspectives.

The Webinar, “How to Blow Out Your Quota in 2010,” is complimentary and will teach you and your organization how to:

  • Achieve an average of 87% overall sales team quota
  • Increase average revenue by 17%
  • Experience an average of 7% improvement of lead conversion rate
  • Raise average selling price/contract size by 45%

Register in advance at http://tinyurl.com/yzm8c7t.

Do sales professionals leverage consumer tools enough to generate business? What is the one thing that separates the good sales VPs from the great ones?

Those were just a few of the questions that Sales 2.0 expert Scott Schnaars asked our own CEO, Umberto Milletti, in today’s video interview on his blog Beyond Snake Oil. It was great to sit down with Scott – a Sales 2.0 leader in his own right – and talk about the ways Sales 2.0 tools and technologies continue to drive enterprise solutions. Check it out!

If the purse strings feel tight here in the Bay Area, imagine being in the hub of world finance:  The Big Apple.  But that’s where Umberto was last week, taking part in the 2008 Interop conference.  In addition to speaking on ‘The ROI for Social Networking’ panel, Umberto also met up with numerous journalists from a wide spectrum of beats:  CRM, enterprise, and even finance.

He first caught up with Curtis Franklin of SMB IT to talk about InsideView’s exciting and compelling developments in the socialprise, just how it is that SalesView actually works, and how it’s making a difference in the sales force landscape:

Interop Podcast Interview

Not every interview was about SalesView and the socialprise, though.  As CEO of a successful start-up, he shared his experience as such during these challenging economic times.

Speaking with Mary Kathleen Flynn from TheDeal.com about the impact of the tough economy on the start-up and Web 2.0 environment, Umberto said that one positive impact is that the real innovators can rise to the top:

Video interview with The Deal.com

Be sure to check back in again for more great content from Interop 2008!

Umberto Milletti, CEO of InsideView  was recently interviewed by Jeff Pedowitz, from The Pedowitz Group as part of their iGNITE® Demand Generation Series. The conversation was part of their series on ‘Cool 2.0 Demand Generation Technologies That Work‘ and focused on how companies are leveraging intelligence and content from multiple sources to develop meaningful relationships with customers and prospects and drive sustainable revenue.

Umberto was chosen to be part of this speaker series because of his expertise on the subject of how Web 2.0 technologies can be utilized to significantly increase demand generation. During the conversation, Umberto discusses the historical roots of the development of socialprise technology, the advantages that social media can now bring to demand generation efforts and some of the customer success stories that InsideView has witnessed.

You can hear the full interview here

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