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These slides from the GoToMeeting webinar "How to use LinkedIn for Sales" are from LinkedIn sales strategist, Luke Davies. Inside you'll find best practices for using LinkedIn for sales, as well as social selling best practices and ways to reach more prospects. Watch the webinar recording: http://mfile.akamai.com/23543/wmv/citrixvar.download.akamai.com/23543/www/625/610/4487830386670625610/1-4487830386670625610-141bd8a812b.asx
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Using LinkedIn for Sales Luke Davies @luketdavies
LinkedIn Confidential ©2013 All Rights Reserved
Leveraging social data to fill your pipeline with the right people,
insights and relationships.
Social Selling Defined:
©2013 LinkedIn Corporation. All Rights Reserved.
Introducing the LinkedIn Social Selling Index How well do you embrace social selling?
100 0
Leaders Laggards
©2013 LinkedIn Corporation. All Rights Reserved. 4
Source: CEB
Social Media: #1 Factor for Driving High Rep Performance
12.81%
©2013 LinkedIn Corporation. All Rights Reserved.
Social Selling Index is Increasing
21 24
15
Avg. Social Selling Index
53
SEP-12 SEP-13
+14%
©2013 LinkedIn Corporation. All Rights Reserved.
11 28
53
Leaders
32 15
Laggards Average
53
Social Selling Index is Increasing SEP-12 SEP-13
+35%
+19%
+0%
©2013 LinkedIn Corporation. All Rights Reserved.
Who is social selling?
10 15 20 25 30 35 40 45
Banking
Chemicals
Insurance
Electronics
Telecommunications
Financial Services
Oil & Energy
Biotechnology
IT
Software
Internet
©2013 LinkedIn Corporation. All Rights Reserved.
The world and buyers have changed What once worked, will not anymore
97% 75% 57% Of the time cold calls do not work
*7% worse every year since 2010
B2B purchaser influenced by social
Buying decisions are made before
sales rep involvement
Sources: CEB, Connect & Sell, IBM
©2013 LinkedIn Corporation. All Rights Reserved. 9
LinkedIn Social Selling Index Correlates to sales success
Source: Aberdeen Group
15% More customer
renewals
31% Greater team
quota attainment
21% More reps
achieving quota
Getting Ready to Social Sell
LinkedIn Confidential ©2013 All Rights Reserved
Putting on your digital suit
Make it personal
Add rich media
Get the right tools
LinkedIn Confidential ©2013 All Rights Reserved
ORGANIZATION NAME
Sales Navigator Executive
LinkedIn Confidential ©2013 All Rights Reserved 16
ORGANIZATION NAME
Find the right targets
LinkedIn Confidential ©2013 All Rights Reserved 17
The golden rule for engaging with prospects on LinkedIn…
LinkedIn Confidential ©2013 All Rights Reserved
ORGANIZATION NAME LinkedIn Confidential ©2013 All Rights Reserved 19
…nobody likes it cold
©2013 LinkedIn Corporation. All Rights Reserved.
2 ways to avoid going cold 1. Leverage a relationship
2. Make it personal
20
©2013 LinkedIn Corporation. All Rights Reserved.
Look for a common relationship
21
©2013 LinkedIn Corporation. All Rights Reserved.
Get introduced
22
©2013 LinkedIn Corporation. All Rights Reserved.
Connections of connections
23
©2013 LinkedIn Corporation. All Rights Reserved.
Leverage the people you know
24
©2013 LinkedIn Corporation. All Rights Reserved.
Tap into alumni relationships
25
What if you don’t have any common relationshps?
©2013 LinkedIn Corporation. All Rights Reserved.
Introducing InMail
27
ORGANIZATION NAME LinkedIn Confidential ©2013 All Rights Reserved 28
©2013 LinkedIn Corporation. All Rights Reserved.
InMail secret sauce
1. Great subject that drives curiosity 2. Lead with an insight 3. Make it personal 4. Have a call to action
29
©2013 LinkedIn Corporation. All Rights Reserved.
Example subject lines
30
1. Two things… 2. Mee:ng Wednesday
3. How is your Porsche running? 4. Use the word ‘your’ 5. Grab something directly from their profile
6. A fellow Cork man
*Avoid words like ‘help’ and ‘reminder’*
©2013 LinkedIn Corporation. All Rights Reserved.
What are Insights? 1. Your teams LinkedIn usage 2. How much they are spending with you relative to peers 3. SaaS usage relative to peers 4. People news 5. Data from case studies that is relevant
31
©2013 LinkedIn Corporation. All Rights Reserved.
Making it extra personal
• The most powerful example of something personal is something that you share with the reciever that is rare (i.e. not relevant to others).
• As an example of a good subject line if you and the receiver both went to the University of Michigan is: “Hail! to the victors valiant”
• This means nothing to people that didn’t study at the University of Michigan, however if are alumni you would instant recognize this as the start of the chorus of the University of Michigan fight song.
32
©2013 LinkedIn Corporation. All Rights Reserved.
B
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©2013 LinkedIn Corporation. All Rights Reserved.
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