5 Tips to Get More Sales from Linkedin

LinkedIn Sales

LinkedIn Can Be Your Best Friend

LinkedIn is a powerful tool that you can use in order to improve the sales of your business. It is a social network for salespeople and business owners. Some people use it to find employees, but it can also be used in order to streamline your sales method. The first part of taking advantage of this process is making sure that you understand who your customers are and what type of mindset they have. With that in mind, here are 5 sales tips that you can use in order to take advantage of LinkedIn.

1. Create a Clear Profile

It is surprising how common it is to find profiles that don’t really explain what a company even does. More than boasting about the benefits of any particular company, a LinkedIn profile should make it clear what service it provides to its clients or customers. It should go on to explain what results you can provide for your clients, and how things will improve for them if they work with you rather than somebody else or nobody at all.

2. Do Your Research

With LinkedIn, you have access to all of the information that you need in order to find the right person to get in touch with. It makes it possible for you to know everything that you need to in order to have a good business relationship before you even begin speaking with them. All of this makes it much simpler for your first sales call to go much more smoothly than it otherwise would.

3. Build Lasting Relationships

This is one of the sales tips that often goes ignored, but it is perhaps the most important. In order for a company like LinkedIn to be useful for you, you absolutely must use it on a regular basis. It is a good idea to use the system for about twenty minutes every day, keeping in touch with your business contacts. This ensures that your clients and business contacts don’t forget about you, so that you will be one of the first people that they get in touch with if something comes up that you have the skills to help them with.

4. Write Recommendations

If you work with somebody and you feel that they were legitimately helpful, be sure to recommend them. If you already have a working relationship with somebody who has an account, offer to write them a recommendation as well. In many cases, you will get a recommendation in return.

5. Recommendations

It is also a good idea to request recommendations from clients. Don’t get pushy about it, just realize that most people don’t think to do it without some prompting.

What’s in My Sales Stack?

A social network diagram
Image via Wikipedia

Glance, one of the software tools in my Sales Stack, introduced a very interesting Sales 2.0 concept in their post on Building a Custom Sales 2.0 Toolkit. They framed it in the analogy of the more traditional software stack. My simple definition: the combination of multiple software to create a full-featured, consistent, and stable platform on which you can build solutions.

I think they created a very useful analogy. It structures our thinking on how to enable our sales objectives, not just chase hope-filled sales tools. Using this framework you can quickly identify and setup your sales 2.0 platform and get to selling, confident you have the tools and the platform you need to win.

Here’s a peek into my Sales Stack:

1. Lead Generation: It’s always nice to have a steady flow of new conversations coming into your sales pipeline. Online lead generation is a great way to automate that consistent flow. For me I use a tight combination of blogs (Sales, Lead Buying, Lead Generation), eBooks, and email marketing for demand generation.

Specifically, I use the following software tools:

  • WordPress – Some still think WordPress is simply blogging software. I submit that it is a feature-rich, but easy to use and maintain content management system. Don’t just run your blog on it run your entire website on it. Make it your lead generation foundation and home base.
  • Thesis (WordPress Template) - Thesis is the WordPress theme that I use [affiliate link] on all my lead generation websites. Again, it is more than a theme. It’s a foundation for good design and SEO. A simple, unmodified base install will get you ahead of 90% of the websites out there in terms of clean design and traffic generating search engine optimization. It gets your lead generation game started with good fundamentals.
  • AWeber – I’m continually amazed at how many people neglect this critical component of traffic generation and lead generation. Email marketing is still, hands-down, the most responsive Internet marketing technique. If you don’t have a mailing list start one today. If you start one use AWeber [affiliate link].

2. Prospecting & Sales Intelligence: Attracting sales prospects and generating demand is one channel of opportunities. However, I think you also need to actively engage your market. This means seeking out those prospects that need your products and services, but simply don’t know it yet. That’s right, cold calling. This part of the sales stack also prepares you with better pre-call/pre-appointment preparation.

These are the tools I use:

  • Google - Surprised? You shouldn’t be Google is probably the most incredible advance in sales prospect since the telephone. I think of Google as my interface to an enormous database of sales prospects [grab my PDF on Google prospecting]  just waiting to be discovered. My clients are continually providing data and information about themselves, their preferences, their needs, and their wants. Selling to them is as simple as segmenting their data and engaging in their own dialogue.
  • Linkedin – A big part of any sales person’s success is networking. Linkedin is the de facto giant in networking business people and is my default database for B2B sales prospecting. It allows me to find and analyze companies and individuals I want to engage. It also does a fair job of generating new leads, with a few special Linkedin tricks I use.
  • Gist - This is one of the latest tools I’ve added to my sales stack. Gist is a simple way to keep me aware of what my relationships are doing in pursuing their own interests and goals. Using their direct interface and the plug-in for my email I never go into a conversation with a lead or contact without a quick snapshot of their latest activities in social media. As an extra bonus it gives me the opportunity to help them more efficiently, if I see them promoting or requesting something I can assist with on the spot.
  • Twitter - People needing immediate help are turning to their social networks. This provides great “targets of opportunity” for sales. And there is nowhere better to find these than on Twitter. I continually jump into discussions and conversations that net new relationships and sales via Twitter. Twitter is always a great place to gather a little intel on the personality of people you are planning to call or meet with–making breaking the ice much easier on cold calls and meetings.

3. Sale Enablement & Execution: At this point in your sales process you have a few prospects on the hook. Now you have to convince them to move forward. This is where the good conversation happens–telephone calls, face-to-face meetings, web demonstrations or webinars. In my business, I do a lot of showing, helping, and teaching. That means making contact and sharing.

Here is how I share:

  • Glance - I mentioned Glance at the top of this article, but they need a prominent mention in my Sales Stack as well. I’ve used all the regulars WebEx and GoToMeeting, but most have failed me regularly. Demonstrations are so critical to the Web 2.0 sales process and I often find myself giving impromptu demos. Doing a quick on-the-spot demos really shows off how well you know your stuff or have a software product that immediately adds value. Glance makes this simple. It works in all browsers, on all operating systems, and its simple URLs make it easy to give over the phone–getting my prospect and me quickly into a sale demo.
  • Skype - This is an old stand-by that I find creeping back into a more significant role again. Much of my company is virtual (we hire where the talent is–sort of silly to do it any other way, right?) so this is our primary means of communication. However, as our business grows I find myself engaging more internationally and Skype is really the simplest and most universal way to do this.
  • Google Voice – Much of my time is spent with clients and traveling. I certainly don’t want to have prospects waiting on me to get back to a desk phone in my office. So, I long-ago abandoned that relic and replaced it with Google Voice. Now my leads and prospects come to me wherever I am and get my live voice, not a voicemail. This is a powerful sales converter in this world of voicemail roulette.
  • Twitter – Again, Twitter pops into the stack. Twitter has become an increasingly primary means of communication, fitting in with email and phone. I am just as responsive to a prospect or client here as I would be in these more tradition modes of communication. However, I like the advantage of being able to share valuable (and lead generating) discussions beyond just one person. If I’m giving free advice or counsel away, which often the initial contact involves, I want as big an audience as possible–that’s lead generation! This is why I try to have much of my initial conversations with suspects on Twitter.
  • iPhone - This has become my communication command center. Since I spend as much time as possible away from the office. This is the nerve center for email, telephone, Twitter, Linkedin, and Gist. I can manage it all from this little workhorse.

4. Lead Management & Nurturing: Not every lead or even contact turns into a sale (at least not immediately) that where lead management is a secret weapon. Getting every one of your leads into a lead management system and learning to automate the nurturing process is a huge competitive edge.

This is even more significant when you generate many of your leads online. These leads are generally new suspects–they rarely close quickly. In addition, these leads will be at all stages of the buying cycle. Without lead management it will be impossible to manage any reasonable amount of these diverse prospects.

I use (of course) Kaleidico’s Sales Manager. It was one of those “scratch your own itch” projects and has become even more powerful with a strong, serious sales customer base.

Building a solid Sales Stack is critical in a Web 2.o sales world. There is so much data and the prospects coming from online sources are so diverse–you need help. Take some time today and carefully evaluate your Sales Stack–cut what you don’t need and integrate what you have into a seamless sales process.

What’s in your Sales Stack? Can you help me improve mine? I would appreciate the feedback.

Unwinding Good Behavior with Incentives

Kaleidico Business DevelopmentThere is nothing more dangerous to sales production than rolling out a new compensation plan or incentive program. Often we make these tweaks to reward or encourage good behaviors we see in our sales organization, but I warn…caution is warranted.

I just encountered just such a scenario the other day. Here is an example of how rewards are about to unwind good sales behaviors:

As a brief background, Kaleidico’s Sales Manager (lead management software from my company) is uniquely designed as a pull-based CRM software. This is a very rare feature for lead management, but is incredibly powerful way to discipline sales management. You see, you have to work leads to get leads and it creates a healthy competition for sales leads.

In this particular scenario the client is experiencing an incredible sub-minute initial contact average. Talk about incredible customer service!

The logical conclusion is that their entire sales force is hungry for leads. What’s even better? They are also yielding above average conversion rates and very short sales cycles.

Why the concern?

They want to make a change. A gut-level logical change. They want to adjust lead distribution to reward their current top performers. The new system would round robin (push) leads into each of these selected performers until they hit an allowance cap. Then the lower performers would be eligible for their first fresh leads of the day.

I have been in the Internet lead business for over a decade and have seen about every lead allocation process you can imagine–this one is no exception. So, here are the most probable outcomes and fallacies to this lead distribution scheme:

  • Top performers don’t need to be hungry anymore, leads just became free
  • Conversion and contact rates are likely to decline for top performers
  • Managers now must monitor queues for aging leads or unavailable agents
  • Opens the flood gates for multiple “special” allocation groups
  • False assumption that leads received in the morning are best (actually research shows weekend leads are the highest converting)
  • Good news: Lower performers forced concentration on older leads typically increases their performance

There are certainly exceptions. Lead management is something that should be continually reviewed and optimized for market and organizational changes. However, caution to the wise beware of unwinding good behaviors your current system has enforced.

If you liked this post please sign-up to the RSS feed or get them via email and avoid missing the next Better Closer sales best practice.

Reblog this post [with Zemanta]

Social Selling, Classic Belly to Belly Sales 2.0

Belly to belly
Image by Howard N2GOT via Flickr

It is funny how things change, but stay the same. Nothing demonstrates that like sales. I am going to jump on the Sales 2.0 bandwagon here, but I am going to present it retro-style.

Belly-to-Belly Sales Works

No sales techniques is as effective as sitting belly-to-belly, chatting, and liking who you are hanging out with. Think for a second… Have you ever created a long-term, highly profitable client via email? No. And, you never will.

The Internet is a great marketplace, a fabulous marketplace for connecting intent and offers. However, it rarely sells and it never creates a customer relationship.

What About Amazon.com?

But, what about Amazon.com? Perfect case study. Amazon.com probably thinks we have a fabulous relationship–thousands of dollars later. I got an incentive offer to buy online at Barnes and Nobles, another to purchase at a Borders bookstore. The result? Hundreds of dollars in lost sales revenue to Amazon.com. And, I would do it again.

I am not suggesting that Amazon.com get belly-to-belly with me. I am suggesting that if you are selling mortgages, real estate, or enterprise software that little “competitive opportunity” in your client relationship management will cost you thousands, hundreds of thousands, even millions.

I am also not suggesting that you suddenly visit every prospect in your sales pipeline. Here is what I am suggesting:

Get Social Online

I am a big believer in Internet marketing, but typically it is poorly executed. Many companies and individual hide behind the anonymity of the Web. This is the best way to reduce sales opportunities. People don’t want to buy from “anonymous.” They want to buy from people–people like themselves.

Social media has made this process easy. The variety of social networking sites have given you simple platforms to design your social selling strategy. No need for advanced knowledge of the Internet, web programming, SEO, or other technical barrier. Simply sign-up and give us a little introduction to who you are, what you do, and how you can help people.

Make Connecting Easy

Now you have a social presence–LinkedIn, Facebook, Twitter (it doesn’t matter). And, I like what I see. How do I contact you?

This is the biggest mistake I see continually repeated. Remember, no one buys from “anonymous” or @HotRealEstateDeals or whizzy345@hotmail.com. Don’t obscure or anonymize your contact information. Make contacting you easy.

Even more important, if they contact you–answer the email or phone call. Talk to everyone. Talk to anyone. It will make you more profitable.

Play, Have Fun

Don’t make everything so stiff. Learn to play a little. Let prospective clients see you play a little bit. Post pictures, videos, places you are visiting, books you are reading, movies you liked, ideas you are thinking about, dreams you are dreaming.

No one likes to talk business all of the time–especially your customers.

Here is another secret: Those personal insights and playful posts attract people like you, people that will like you. And, people buy from people they like.

Take it Offline

You’re goal in your Sales 2.0 strategy is to attract online and sell offline. Build trust and depth with your clients by getting belly-to-belly, just like the Old’n Days.

lead management

Reblog this post [with Zemanta]

Social CRM and Social Selling-You’d Better Learn It!

My social Network on Flickr, Facebook, Twitter...
Image by luc legay via Flickr

Jeremiah Owyang, a Forrester Research analyst and author of Web-Strategist.com, wonders about the future of Twitter–as a Social CRM , of all things.

This concept is a long way from the discussion of what a big waste of time Twitter, Facebook, and other like social networks are…the third time in less than a weak I have come across discussions of social selling.

Sales is inherently about relationships, building trust, and referrals. Sound familiar to following, friending, and retweeting? It was only a matter of time before social media became a sales tool.

Social networking will become a natural part of CRM software, and faster than most think. Not because people like Salesforce.com are sticking it into their software. No, simply because that is the why consumers are shifting how they communicate online and because consumers want to be contacted in this way.

If you are in sales, it is time to get your social CRM and start social selling.

Here are some starter moves:

  • Get on Twitter and Facebook–build an audience
  • Be natural. This attracts people that will want to buy from you
  • Monitor and be responsive to requests you can help with
  • Get all your existing clients into your social network

What else should the new class of social sales people be doing?

lead management

Reblog this post [with Zemanta]

about |  contact |  disclosure