An Odd Way to Advertise Social Media Services

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Photo Credit: R. Mark Moore

What do you think? 

Would you hand over money and trust the person who hung this sign to help you increase revenue using social media? Advertising on a highway road sign in the greater Atlanta area seems an odd way to get your social sales message out there.

In addition to the obvious disconnect between the type of service they are selling and the medium they are using to advertise said service, here are few other things that I noticed.

They advertise their social media services, but where’s the Twitter or Facebook handle? What about a website to learn more? I guess they figure you can’t surf the web while driving, but you can make a phone call, right?

Who is their client anyway? Anyone who can drive a car? As my readers know, I’m a strong advocate for narrowing your sales focus by targeting your ideal client, which is one of the benefits of using social media I might add. These folks are using the “spray and pray” method of advertising. Doubtful they’ll get much traction. Oh, and do you think they realize that they are breaking the law by posting a sign like this one? It would seem not.

What about you? What do you see? What do you think about this approach? Should we give the number a call and find out if their ad campaign is working?

The Great Sales Lead Generation Debate

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It’s pretty common knowledge that in many companies the sales and marketing organizations bump heads. One of the most common areas of contention is around the entire lead generation process. The rub is that marketing program success is too often judged by the quantity, rather than the quality, of sales leads produced.  Yet, if you ask the sales force what they need to convert leads to revenue, they will tell you that more of the same isn’t better – better quality leads is better.

Granted, it is a tough balance and every company has to find the right mix as a part of their lead generation efforts.  Without the right process and preparation, too many leads, even of high quality, may overwhelm a sales team and opportunities will fall through the cracks. Not enough leads or leads of low quality diminish sales force productivity pretty quickly.

Here is a chart from MarketingSherpa’s 2009-2010 B2B Marketing Benchmark Report to illustrate. When asked, here is what salespeople want from marketing.

So, you tell me. Which do you prefer? A list of 200 names with a slim chance of closing business, or a short list of the top 25 best opportunities to focus your attention on?

Social Media Marketing Applies to B2B

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Even as social media use in B2B marketing continues to grow—57% of B2B marketers are currently using some form of social media in their business, up from 15% in 2007¹–many in the C-suite continue to have their doubts. –360 Digital Influence

For several years now, I’ve spoken to thousands of people about the value of using social media to transform business, and more specifically, the sales process. Along the way, I’ve listened to the various reasons why this “social media thing” doesn’t apply to business people in this or that industry. I hear things like “social media is for the kids”, “I can’t measure it”, “my customers aren’t using social media”, “my competition isn’t there so why should I worry about it”, ”there are too many risks – it’s not worth it”, “it’s all a big time waster”, “there’s no ROI”, and finally, “social media doesn’t apply to B2B.”

Seriously? There is doubt that social media has appliciability to the B2B sales process? Given that your business is likely operating against a much small customer pool than companies that focus on the consumer, and given that as a B2B company you are most certainly selling products and services at a higher price point, you must be tuned in to the customers who base the majority of their buying decisions on the advice of peers and colleagues.

“Forrester Research reports 84% of respondents to a recent survey listed Peers and Colleagues (WOM) as the main source for purchasing decisions, compared to 69% from Vendor Web sites and 66% from traditional media.” –360 Digital Influence

The risks associated with social media usage are minor compared to the overall benefits. You may believe that today you/your company has control of your brand. As such, why risk opening yourself up to attacks, criticism and crazies with an axe to grind? The truth is that your brand is already being discussed with current and prospective buyers. Now. Every day. Online. Without you!

Are you listening? 

If you are sitting on the sidelines merely playing spectator, allowing misinformation, self appointed brand ambassadors and champions engage in conversations around your brand, without your participation or recognition, you can expect an outcome that may or may not be favorable.

OK, so you know you need to get started. But how and where? Don’t rush to launch a social media campaign is my first piece of advice. Technology merely enables your business objectives. Ignore the temptation to jump into creating a blog, Facebook fan page or Twitter account. Success requires that you create a social sales strategy before jumping into the tactical elements of the technology.

Here is some guidance on getting started:

Photo credit: www.freshpeel.com

Generating Sales Leads the Social Way

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“Whether or not you believe classical methods work, Social Lead Generation does not discard the model; it leverages a new media to change the protocols and methods of communication.” So writes Marcio Saito, blogger at The Click Company Community. He goes on to say that, “Social Media creates interactive channels and allow companies to nurture engaged communities in a way that is scalable. In Social Channels, it is possible to communicate without intruding, to listen to a large number of people and aggregate it effectively, and to personally engage when appropriate.” For me, the two most important points in that sentence for sales people to pay attention too are: “listen” and “engage when appropriate”. 

As you transition some of your sales prospecting and lead generation activities over to the use of social sites, the principle when communicating in the online world is much the same as meeting someone face-to-face. Create opportunities for connection and visibility without direct selling approaches. You want to get your potential buyers engaged in a conversation with you, and you do that at the right time, in the right way, the right place and without talking about yourself. Ask a thought provoking question that engages them and others in dialog. Remember that your sales role is what it has always been: to create a relationship with a prospective buyer that then moves the buying process forward. The social web changes everything and nothing more significantly than the changes in buyer behavior. Now that your prospects have moved to online social communities to acquire information about products and services to meet their needs, you must move there too.

Listening plays a critical role in the online space and can benefit sales professionals in two ways:

  1. Quickly respond to a request to help someone else or respond to a question that captures attention from others in the group. Positive visibility is your success outcome.
  2. Use participation in groups as an opportunity to “listen” to trends in the conversation, which could be something valuable you’d share with your potential clients.

A good rule of thumb when getting started with your online networking efforts is to invest the time to learn the spoken and unspoken rules of each community that you join. Always begin by joining groups where your potential buyer is most likely to participate. Observe how people communicate with each other in the group before diving in.

The social web provides sales professionals fantastic opportunities to build emotional equity with within groups and with potential buyers before actually engaging in a 1-1 sales dialog with anyone. As you gain experience working in the online space, creating new business relationships will begin to happen naturally. You won’t even worry if you are engaging at the right time, because you will know that you are. That’s lead generation at its best.

Remember, Rome wasn’t built in a day; neither is your online sales presence and reputation. Generating leads using social tools like LinkedIn makes the lead generation process easier and faster than it used to be, and you need to resist the temptation to expect an immediate sale the moment you jump online. Your success depends on having a purpose, plan, persistence, participation and above all – patience! And, that’s pretty much what’s required of sales success anyway, whether your lead generation efforts are happening online or off.

Social Sales is The New Handshake: First book signed!

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Very exciting to sign my very first book – The New Handshake: Sales Meets Social Media - at an executive retreat. Jimmy has traveled from China to join his management peers. Since he traveled the farthest, I gave him a copy of the book as a gift. Jimmy was excited to receive the book; I was thrilled to give it to him. He tells me he’ll read it on the plane home next week. I expect that Jimmy will be a social sales ready before long. An Amazon review is on the horizon. More to come…