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2012 is here folks. New goals and high ambitions are in place as the slate is cleaned for the new year. It’s time to stoke the 2011 coals and fuel the 2012 fire. Here are 15 posts I put together with some very interesting predictions and strategies for this coming year. Hope you enjoy it and best of luck for this fine year!
- 30 Social Media Predictions for 2012 From the Pros – Social Media Examiner
- 5 Sales Management Questions We Answered in 2011 – Selling Power
- 8 Great Marketing Infographics To Inspire Your 2012 Objectives – B2B Marketing Insider
- 11 B2B marketing trends to watch (or wish) for in 2012 – Customer Think
- How to Get Your Prospects to Call You Back in 2012 – InsideView
- Sales Discussions That Need To Disappear in 2012 – Paul Castain’s Sales Playbook
- Things I’m Wishing For In 2012 – Insider Sales Experts Blog
- Social Media: Five Facts to Bank On in 2012 – Ad Age Digital
- CRM 2012 Forecast – The Era of Customer Engagement – ZDNet Blog
- SaaS Predictions for 2012 – Smart SaaS
- Top 7 Critical Sales Trends for 2012 – Heavy Hitter Sales Blog
- 12 Sales Trends for 2012 – Barrett Sales Blog
- Bring on 2012 – Salesopedia
- Your 2012 Marketing Plan: Tell Me What to Do – Business Grow
- How to Create an Enchanting Pitch #OfficeandGuyK – Guy Kawasaki
In a recent report by the Altimeter group they identified that many companies have formalized their social media efforts for customer facing employees. I expected Marketing to be the top of the list but was surprised to see Sales so far behind with only 11% of the companies having a formal approach for engagement through social media. With recent studies showing that 61% of LinkedIn members use the site for Networking, Sales is a prime group to be engaging with prospects and customers in social media. Whats even more surprising is that 31% of companies still block social media from all employees.
If marketing is the focal point of social media engagement, sales NEEDS to be brought into the loop. Training sales teams to use social networks like LinkedIn, Twitter and blogs can have a huge impact on building pipeline and driving awareness of your company. Customer centric marketing brings a 1:1 relationship with prospects and customers that can be transitioned and managed by sales teams.
Leveraging social media and online communities to drive revenue works. You may remember the post Should Sales people be Blogging where we explained how IBM is leveraging social selling. In the Social Selling University we have had great speakers like Jill Konrath, Anneke Seley, Joanne Black and others that have given Enterprise Social Selling tips and strategies to members of the community. Umberto Millet our CEO has written a number of articles around the revolution of social selling in B2B.
Enterprise social selling is growing up. With the growing desire for Social CRM within companies, collecting social conversations for analysis was only scratching the service. What the social enterprise does with those conversations is where the rubber meets the road. Social media is more than a tool for marketing people and it’s being well established that every department across the enterprise can leverage social media for everything from prospecting, opportunity management and customer retention.
SugarCon ’11, SugarCRM’s fifth annual user & customer conference, brings together SugarCRM users, developers, partners and experts from around the world. Packed with two days of business, technical and product presentations, SugarCon provides practical knowledge that you can apply to improve your company’s performance.
InsideView has the good fortune to have multiple sessions at SugarCon 2011 where we will have the opportunity to cover a great deal of content. Starting off with a Keynote address from Umberto Milletti and then two separate breakout sessions with Inbound Marketing Manager and Social Selling Director Koka Sexton along with the VP of Marketing Ralf VonSosen.
Big Data and the Emergence of Social Selling with Umberto Milletti, Founder and CEO, InsideView
Ballroom
Keynotes | Tuesday, April 5, 2011 | 1:15 – 2:00
As more businesses transact online and millions of users including executives and consumers use social media such as LinkedIn, Twitter, Facebook, and Blogs, there’s an overwhelming amount of data, also known as “Big Data”, on companies and contacts online.
This data deluge presents new challenges as well as big opportunities, especially for sales organizations, to distill actionable insights about prospects and transform selling from an art to science. Harnessing business and social intelligence about prospects will no longer be optional, but essential for increasing sales productivity and win rates.
Learn about why Big Data matters and how it can help you change the game of selling.
Session #1
Getting a Competitive Advantage through Social Selling with Ralf VonSosen and Koka Sexton
Track 4: The Sugar Exchange | Tuesday, April 5, 2011 | 2:00 – 2:40
Today’s customers are not very responsive to traditional sales and marketing tactics such as email blasts, cold-calls, and canned pitches. Using social media, customers are researching products and solutions, and talking to their peers for recommendations instead of listening to vendor pitches. Over 70% of the buyer’s journey is complete before it gets to sales.
Most sales reps and sales organizations are overwhelmed by too much data and frustrated by the loss of productivity as they seek actionable sales intelligence about their prospects! Harnessing business and social insights about prospects from online data can be a game-changer and a productivity booster for sales teams.
Come to this session to learn about how you make your selling more of a competitive advantage, what you need to have in place, and how you can get started.
Session #2
5 Must-Haves For Boosting Sales With Social Media with Ralf VonSosen and Koka Sexton
Track 6: Social Business | Wednesday, April 6th | 11:30am – 12:10pm
Your customers have changed. How you find them and engage with them has changed too. It’s more important than ever for sales organizations to recognize this opportunity to build relationships and generate new leads using social media. The problem is what tools to use, metrics to track and how to train them.
In this session, you will learn about the 5 easy steps you should take, that will empower a sales team to engage with customers in social networks. You will also learn what tools work best and how to measure the results.
InsideView Launches Social Selling University to Provide Comprehensive Education for Sales Professionals, Driving Sales Productivity Through Social MediaWorld’s Top Sales Experts, Social Media Pundits Unite for Launch of First-of-Its-Kind Education Initiative
Today Social Selling University officially launches as the first program to educate sales professionals on how to leverage social media technologies and methodologies to increase sales productivity and drive revenue throughout the entire sales cycle. The first-of-its-kind program instructs sales organizations, consultants and in-house teams about selling to the modern and socially-connected customer — Customer 2.0 — and offers both an on-demand curriculum and live workshops. The program is open to all sales professionals starting today.
Social Selling University’s (SSU) actionable content and interactive learning modules have been developed by expert instructors, including experienced thought leaders, authors and analysts. Classes are designed for all levels of sales professionals, covering a broad range of topics including entry-level social media instruction on LinkedIn, Twitter and Facebook, best practices for managing personal online brands and how to accelerate the sales cycle by leveraging recent business events, social conversations and social relationships (aka “social intelligence”). The program’s instructors will provide expert advice to sales management on how to best incorporate social selling into their organizations, and educate sales professionals on how to utilize social media platforms to drive greater sales productivity.
“Social media is fundamentally changing the way sales professionals navigate the sales cycle — what worked two years ago, doesn’t work anymore because socially savvy buyers know far more about products and companies than ever before,” said Barbara Giamanco, Talent Builders CEO. “Fortunately, SSU levels the playing field by teaching sales executives, managers and reps how to interact with and sell to the modern consumer. These social sales practices breed relationships and eliminate the need for cold calling.”
Who should attend SSU?
Any sales professional — from account rep to sales team leader, director or executive — who CANNOT answer the question: “What is social selling and why does it matter to my sales organization?”
Isn’t social media for marketers? Why does social media matter to sales people?
- Social media marketing grew 50% in 2010 to $1.2 billion, and analysts predict that 2011 is the “year of social integration” for businesses. Social CRM has crested as the new and understood platform for sales and customer service.
“Salespeople who fail to leverage social media do so at their own peril. The problem is, many don’t know how,” said Jill Konrath, best-selling author of SNAP Selling and Selling to Big Companies. “Thankfully, technologies exist to allow any sales professional to gather and share relevant buyer information and achieve greater sales success. Social Selling University is a great place to start and continue learning what’s possible in the new world of social selling.”
As part of the initiative, SSU will host a Webinar series, featuring a panel of industry thought leaders to answer questions about how to use social media for sales, including:
March 3: Barbara Giamanco, founder and CEO of Talent Builders, Inc
March 8: Koka Sexton, director of Social Selling University
March 10: Jill Konrath, author of SNAP Selling and Selling to Big Companies
March 15: Patrick O’Malley, social media trainer and consultant
March 17: Nigel Edelshain, CEO of Sales 2.0
March 22: Pelin Thorogood, principal, Schulman + Thorogood Group.
March 24: Anneke Seley, CEO and founder of Phone Works and coauthor of Sales 2.0
March 29: Dan Schawbel, managing partner of Millennial Branding, LLC
March 31: Tibor Shanto, principal, Renbor Sales Solutions
On March 8, SSU will host a live, complimentary workshop following the Sales 2.0 Conference in San Francisco, where industry thought leaders will discuss the best practices for leveraging social media to increase sales team performance. Visit SSU’s registration page for more information about the agenda, speakers or sign-up information.
“Social media has completely changed the world of selling, and if you and your organization want to stay relevant, then you need to learn how to use these tools before your competitors,” said Dan Schawbel, the author of the number one international bestselling book, Me 2.0: 4 Steps to Building Your Future. ”Social Selling University is the first program to teach salespeople how to use Facebook, Twitter and other social tools to generate ready-to-buy leads and build relationships with customers that result in long-term business growth.”
About Social Selling University
Social Selling University is the world’s first initiative dedicated to teaching the sales profession how to put social media to work within their sales processes and organizations for greater productivity and revenue, through online instruction and in-person workshops. SSU staff includes dozens of the leading experts in social media, sales and Social CRM, and provides courses made specifically for executives, managers and representatives. Founded in 2011 by InsideView, SSU is the leading source of education about using the social Web to increase sales productivity through social intelligence. For more information, visit www.socialsellingu.com.
Social media has become a defacto marketing tool for any organization, but it’s incredible how scared sales managers and teams still are of letting their sales reps join the sales 2.0 party. But the reality is, the only thing you have to fear is fear itself…oh, and not closing more and larger deals faster than ever before.
Social networks like Twitter and LinkedIn (as well as the entire blogosophere) are target-rich environments to find new opportunities and leads, and engage with prospects in a powerful and effectively intelligent new way. So what is holding companies back? Of the dozen or so objections I have heard, my conclusion is: FEAR. Fear that their sales team will not produce results, fear that the sales team will waste their time online and fear that their sales teams will do or say something online that will tarnish their brand and kill sales. The fact of the matter is, NOT letting sales professionals engage on social media is detrimental to the bottom line for the reasons below.
In addition, it always surprises me when a company pushes off any new technology based on such fear, and masks it with an excuse. Businesses that embrace innovation and new tools have a great track record of becoming leaders in their spaces. Social media is no different as it applies to sales professionals. There are very simple reasons that all of these excuses should be thrown away and sales people given a green light to social media engagement with leads and prospects.
Fact: Social selling produces results
Sirius Decisions Inc. recently said in a webinar that in most sales cycles, customers are now in control. Customers are doing 70 percent of the research online that drives the buying decisions, and then contacting a specific vendor for the purchase. The old concept of customers calling into a company to be ‘sold’ something is quickly vanishing. Since more of the buying process is happening online in discussion groups and social networks, sales people that are paying attention and, in most cases, are already a member of these networks like Twitter, will capitalize on these conversations and identify new opportunities much earlier than those without such social involvement.
Myth: Social Selling is not a time-suck
If your sales team is wasting their time online or talking to friends on the phone most of the day, stop now and reevaluate your employees. If you have talented and hard working people on your sales team, then you shouldn’t expect them to behave any different with using social media throughout the sales cycle. If your sales team is already using Twitter or other networks for personal use, they will be able to adopt a sales methodology around the same tools to produce revenue.
Myth: ‘Social Selling’ is too risky
This is an objection that comes up more often than any other, and it’s a common misunderstanding that a business can be destroyed in the matter of one status update or blog post. But, I don’t agree with this any more than I would with the idea that a poorly sent email to a customer can do the same. There was a point in time where sales people didn’t have access to email for that exact reason, but can you imagine not having email as a tool? The same will be said about social media tools in 10 years – those who embrace it will be in the drivers seat, and ultimately win out.
It all comes down to “letting go” and enabling your sales teams to be more effective. Social Selling is not fit for every sales person, but I’d bet you have a strong percentage of your sales team that would welcome the opportunity to drive opportunities through social tools in addition to traditional phone and email tactics.
This post originally appeared on Sales2.com where InsideView has regular contributions. Sales 2.0 is a site dedicated to the improvement of sales results.
I ran across an interesting quote as I was working on the InsideView guide for Social Selling with LinkedIn. As soon as I heard it, an image popped into my head and I went to Photoshop to create it. The thought that LinkedIn is Facebook with a Tie is a great differentiation between the two platforms.
LinkedIn is a place for professional connections. Be it from coworkers, customers or even initial engagement with new prospects, LinkedIn is a social network every sales person needs to be actively involved with. Social Selling starts with having a professional platform to start with and you need to make sure your LinkedIn profile is optimized and makes people want to engage with you.
Facebook is a place where you connect with friends and engage with brands. There are professional use cases of Facebook but by and large people are not ready to use their Facebook profiles for work unless they are interacting on a company fan page. There are several things a sales person could do to gain exposure and build relationships on Facebook that we will cover in Social Selling University but LinkedIn is the place to be on a purely business level.
