How To Use LinkedIn for Sales

Post on 26-Jan-2015

116 views 0 download

description

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

Transcript of How To Use LinkedIn for Sales

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

33

©2013 LinkedIn Corporation. All Rights Reserved.

Brought to you by

Brought to you by