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The Power of a Brand. Yours!

Most of us recognize the influence that corporate brands such as Apple, Coca-Cola, Zappos, Google, Microsoft, Nike or Starbucks have on our buying decisions. But how much focus do most of us put on the most important brand of all – our own?

Wikipedia defines personal branding “as the process whereby people and their careers are marked as brands. It has been noted that while previous self-help management techniques were about self-improvement, the personal branding concept suggests instead that success comes from self-packaging.”

Just a few short years ago, personal branding wasn’t really such a big topic of discussion. These days, however, it has everything to do with succeeding, especially in the social selling space. According to William Arruda, a personal branding guru, personal branding is a revolution in the way we manage our careers or businesses. It’s a way of clarifying and communicating what makes you different and using those qualities to separate yourself from your competitors.

You are the CEO of Brand U

Some years ago, in a Fast Company article, business guru Tom Peters advises individuals to follow the lead of the corporate world and do what they have been doing for years: create your own personal brand. Peters says that no matter what your career title, you are really the CEO of your own personal service company: Me, Incorporated. He says each of us is “a free agent in an economy of free agents” and that we all must establish our own “micro equivalent of the Nike swoosh.”

How does this fit social media?

Your personal brand is the firm impression or image that comes to mind when people think about you. It’s a mental picture someone forms about you when your name is mentioned. Whether we like it or not, prospective buyers Google our name, check out our website and look us up on LinkedIn, TwitterFacebook and YouTube. In addition to our actions, words, clothes and behavior making a statement about who we are and what we offer, our online presence does the same thing. When you have seconds to create a lasting impression, one that contributes to achieving your revenue goals, it is important to honestly evaluate how your personal brand stacks up. Once you do, you can develop strategies to minimize those things that are detracting from the message you mean to convey.

Consistent branding based on authenticity can help you improve partnering and cultivate loyalty. –David Cohen, Creative Start-Up Veteran and Brand Strategist at Equation Arts.

Starting today – YOU are a brand!

Social media provides everyone the chance to stand out. Everyone has a chance to be a brand worthy of something remarkable and memorable. Take the time to ask yourself the same question that brand managers at top companies ask themselves: What is it that my product or service does that makes it different? Challenge yourself to shrink it down to 15-words-or-less. Write down your answer. Then take the time to read it – several times. Think about…

  • The qualities or characteristics that make you distinctive from your competitors or your peers.
  • How you have made yourself stand out today, this week or this month.
  • What others would say is your greatest and clearest strength?

Shelve your biased thinking that a personal brand doesn’t matter when it comes to being successful selling your products or services. In today’s world, it is everything! If you want to achieve your goals, developing your brand is a must not a luxury.

Remember, even if you choose not to proactively define your personal brand, others are certain to do it for you. Will you like what they say?

Give Me A Reason Not to Ignore You

An interesting topic surfaced on Facebook today, which I then turned into a LinkedIn discussion. At issue was whether or not business people should get back to people with a yes or no answer, but not ignore the contact altogether. A number of folks chimed in with their thoughts about why a “good business person” who knows how to “build relationships” would always respond. Of course, I don’t agree given that I’m on the receiving end of some of the dumbest sales pitches and requests for my time ever. Usually, it is about what they want – their agenda. They aren’t thinking about me and my needs.

As it turns out, the original post was suggesting that someone who’d connected with you and asked that you follow up with them, but never responded again was at the heart of the dialog. But it also got me thinking about how many times I’ve heard sales people complain that they don’t receive call backs or responses to their emails.

Here are 5 reasons why ignore or delete may be the first thing someone does when they receive your message.

  1. Your message has no compelling value for the person that you are calling. I am sooo tired of the rambling speeches about how your product is the best; you can save me money, yada yada yada. I don’t care about your canned sales pitch.What’s in it for Barb and her business? Do you really know enough about my business to be able to catch my attention? Most of the time, you haven’t taken the time, so the answer is no.
  2. We can’t understand a word you have said in your voicemail. At this point in someone’s business life, it should be obvious that your ability to speak clearly and articulately is critical if you expect anyone to respond to your message.  If you have an accent, then you will need to work even harder to ensure that you speak slowly and clearly enough for someone to understand you. Remember that the communication success largely depends on how you present yourself.
  3. Lack of information. I received a call yesterday from Shawn. I have no idea who Shawn is but all she said is…”Barbara, this is Shawn. Call me at XYZ number.” Seriously, no last name, no company name, no message about why I would actually pick up the phone and call you back? If it is important that someone get back to you – tell them why doing so holds value for them. If you happen to get someone on the phone…same holds true. Identify yourself clearly by giving your first name, last name, company name and why you are calling. I don’t have the time to waste dragging the information out of you.
  4. We have no relationship. I prefer to work with people that I know, or people that I’ve been introduced to by colleagues. I have zero patience with the standard, boring, uncreative cold call tactics most sales people insist on using. I’m willing to listen IF you give me a good reason to do so. If your first email communication is a sales pitch and I don’t know you, the chances are high that I will merely hit delete. Though occasionally you might get lucky. Last week, I received an email from someone I didn’t know but they said something intriguing about lead gen and how their products helped you mine LinkedIn information. That got me curious. I’ve set up the demo.
  5. You sell competing products/services to mine. Forgive me if I rant for a second here, but geez, do your homework. One memorable cold call was the gal who sold behavior assessments (I do too!) who said that she realized I sold competing products and then proceeded to leave me a lengthy – something like 8.5 minutes – message about why her assessment was better. Now, it isn’t that I wouldn’t be inclined to consider adding another product to our offering, but after that message…forget it. I refer you back to point #1.

Here’s the deal. Everyone is busy. Just because you have something to sell doesn’t mean that we want or need it. Remember that successful selling isn’t about you and your agenda. You have to expertly communicate the value you bring to the business relationship and and the results you deliver. Otherwise, you are just wasting everyone’s time.

A Framework for Measuring Social ROI

Today, I spent lunchtime listening to a very informative webinar hosted by the folks at Marketing Profs. I signed up because I was intrigued by the title: How to Be a Social Media Strategist, Not the Social Help Desk. It was 90-minutes well spent. Jeremiah Owyang was the guest presenter, and I learned quite a lot from his session, as I always do.

Frankly, there was enough great information in today’s session to keep me busy blogging for several days, and what really caught my attention was when Jeremiah talked about a framework for social media measurement. I have often said that you can get started with tracking by setting specific and measureable objectives – upfront – as a component of your social media strategy. Truth be told, this works as a starting point, but the larger the organization the more important it is to have a measurement framework in place. In other words, companies need something more formal with which to evaluate their social media success.  In fact, Altimeter’s report on the Career Path of the Corporate Social Strategist, notes that 48% of corporations said that their top priority is in creating a solid measurement process for evaluating social ROI.

Cool…how do you do it?

“The novice provide executives with engagement data –causing themselves to be stuck in the churn of obtaining more followers and fans –without a clear business goal.” –Jeremiah Owyang

While Altimeter’s research underscores the importance of measurement, the question businesses executives need to be asking is are you measuring the right things? Too much emphasis these days is placed on number of followers and fans and Altimeter’s own research discovered that some 65% of companies are measuring “engagement” with only 22% using “product revenue” as a metric. Hum. From a sales perspective it seems to me that you want to be tracking product and services sales and not just “engagement”.  Ironically, the focus on engagement means that it’s darn hard to tie the effects of “awareness” to physical sales, so it’s probably time to think about how to move beyond strictly looking at followers and fans and what nice (or not so nice) things they have to say about your brand.

The Social ROI Pyramid

“The seasoned professional provides executives with business metrics first. They know fans and followers aren’t a business goal, but what you do with them is.” –Jeremiah Owyang

5 Elements were referenced in Jeremiah’s presentation with respect to “standardizing” an approach for measuring social success across the organization. They are:

  1. Start with a business goal in mind. No argument here, because it is something that I whole heartedly believe in and preach.
  2. Provide the right data to the right people. Not everyone in your org needs the same information. Take the time to break it down and make it applicable to the respective roles within the company.
  3. Vary the frequency and quantity of the data that you provide. As an example, top execs don’t need to be subjected to nauseating levels of detail that some social strategist’s feel compelled to provide. Similar to public speaking – know your audience and provide the information to them accordingly.
  4. Customize your formulas. Industry standards don’t exist at this point and they might not for some time. You don’t need to wait though. Create the analytics that best support your business goals now and plan to adapt and refine them as you move forward.
  5. Benchmark over time. According to Jeremiah, specific numbers are not as important as watching for the trend lines over time. In order to determine those monthly, quarterly and annual trends, you must start measuring now in order to gain the insight that you and your social media teams will need going forward.

The message that came through loud and clear today is that anyone responsible for social media strategy must have an organized process and measurement approach nailed down before they dive head first into that next glitzy Facebook campaign! To do otherwise means you’ll probably bomb out.

Hey, what’s in it for me?

If you want to get people’s attention – tell them what’s in it for them! Seems obvious, but I know from experience that many people out there with something to sell have missed this critical sales success ingredient.

Think about it. Don’t you want to know how you benefit from making a purchase before plunking down your hard earned cash? Of course you do. It’s no different for the buyer reading your newsletter or sitting across the negotiation table from you. Buyers want to know what’s in it for them if they buy what you have to sell. The message that you choose to send them will either engage them or cause them to bolt for the door.

Here’s the thing…

We are living in an age of what many innovation experts have described as “disruption”.  And no where do I see more needed disruption than in sales organizations. Now that social technologies are forces to be reckoned with, today’s social sales people must break free of their comfort zones and fundamentally re-think what they believe they know about the business of selling. Heading the list is the idea that not every deal needs to take place face-to-face.

Enter social media…

The shift from old school sales, which largely made the seller’s agenda the focal point, to a new social sales model that puts the buyers in control will take time. The savvy sales people though will move quickly to adapt. Similar to when we moved from an agrarian society to an industrial one, sales professionals are faced with a similar transition that can feel bumpy at times. Remember when the desktop computer entered the scene? I know plenty of sales folks who said they’d never use one. Do I need to say more? Unfortunately, as with all transitions, some will struggle with this disruption more than others.

Business owners and sales people must consider how this disruption changes the way they approach the sales process and devise strategies for addressing it. How you get attention with your potential customers when they are so overwhelmed with choices  will all start with creating “value” in a virtual world with people you may never actually meet. Creating online relationships that will lead to closing sales is going to require that 3 things happen:

  • You have plan and purpose for what you are doing.
  • You choose the right tool(s) to support your sales goals.
  • You learn and use the tools consistently day in and day out.

As you begin to join in on group and online community discussions like you’ll find on LinkedInTwitter and Facebook, you will have to understand that you don’t “sell” while joining in on the conversation. Instead of talking about what you or your product does; you will be demonstrating your expertise and industry knowledge as you share your tips, advice, information and helpful hints with others without expecting anything in return.

How sales people uncover opportunities, research trends, keep on top of their competition and network completely changes the way the game is played. But they must also be realistic in their expectations, because social media is not a “quick fix” nor does it bring sales in the door overnight. Like great offline selling, it takes time to build the relationships that lead to closing business. When you remember to put the buyer’s needs and wants ahead of yours…well, now you’re getting somewhere.

This is the world of social selling and your potential client wants you to know…

Hey, it’s all about me!

The Price of Sales Admission to the C-Suite

It’s common in the world of sales to talk about “calling high” in the organization. The idea being that getting to the higher levels means access to bigger budgets, as the execs at the top have the view from the top so to speak. At lower levels of the organization, budgets are smaller and competition can be tight for those dollars. But at the executive level, budgets can be moved around and combined for the right types of opportunities.

This is the new world of social sales where it should be much easier to get to the right decision makers at the right time. So I find it curious that most sales reps still tend to start their sales activities at the lower levels of the company versus getting to the relevant senior executive. I wondered why and decided to ask members of my favorite LinkedIn group - Sales Playbook – this question, “What are the top reasons that most sales people can’t seem to get a foot in the door to the C-Suite?” Reasons like fear, feeling “less than” and inexperience showed up. I happen to like how fellow Sales Playbook member @JerryVoltero summed it up. He said…

1. Lack of preparation to know who the true decision maker is that they should be talking to.

2. They do a lousy job of building rapport with the gatekeeper and don’t give them a strong enough argument for them to be the one who gets to come in and utilize some of that exec’s valuable time. Remember the gatekeeper’s job is to not waste the exec’s time.

3. If you are using a bottom up approach to get there, you have to get your champion to advocate with both the exec and the gatekeeper to get that proverbial foot in the door.

4. And once you get there, you better know what to ask them to figure out whether or not what you are selling will solve the business problem he/she has. Preparation is the key for sure.

And to Jerry’s point #4, preparation is not only key, it is critical! You may have a great product, perhaps even the best in your field, but that doesn’t mean you should ignore preparation. You may have the best product or service, but if you enter the sales process at the wrong time OR you don’t have the buy-in from the relevant senior executive, you have a big problem.

In today’s world of instantaneous access to information there is no excuse for lack of planning. Authors Nicholas Read and Stephen Bistritz remind us that…

“If you don’ take the time to stay current on your customers and prospects, the information won’t pop into your head by itself.” –Selling to the C-Suite.

I think that about sums it up!

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