Home Sales Prospecting What is Social Selling? – Gong

What is Social Selling? – Gong

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What is Social Selling? – Gong

58.4% of the world’s inhabitants is on social media, with the common time spent on these platforms reaching 2 hours and 27 minutes every day. That’s a giant chunk of all of your every day consideration span spent on social each single day.

So, in fact, in 2022, most firms are already on social media pushing their services and products. However this creates a very crowded market that exhausts potential consumers with product placements, adverts, and DMs.

However when executed proper, social media can nonetheless be an incredible device in your gross sales arsenal. It may be an amazing relationship-building platform that lets your small business focus much less on old-school prospecting practices like chilly calling. 

Enter social promoting.

Social promoting is a course of by way of which salespeople work together with present and potential prospects on social media platforms to construct belief, model loyalty, and shut offers. 

However what does the social promoting course of appear to be? And the way can B2B gross sales reps leverage it on numerous social platforms? That’s what we’re going to discover on this article. 

What’s social promoting? 

Social promoting is a course of the place salespeople can leverage social media channels to succeed in out and join with prospects. A profitable rep in 2022 must construct a community of potential consumers and set up credibility and belief with them earlier than they bounce on a name (or ship a chilly e-mail).

And so they can develop relationships with potential leads, participating them the place they really feel most snug — on social media. 

An image showing the benefits of social selling

Whereas prospecting is all about focused gross sales pitches, social promoting takes a distinct strategy. It’s a type of relationship-building meant to draw high-quality prospects to you. 

Social promoting permits reps to seek out the suitable prospects and set up a rapport with them by way of a buyer relationship. Consider it as trendy prospecting, assembly the present era of consumers in a spot they really feel relaxed and interesting with them in a way they like. 

Social promoting shouldn’t be a fast “Hello, let’s join.” message straight right into a gross sales pitch. Maintain this in thoughts as you get began with this course of. 

Sure, the phrase “promoting” is within the identify, however that doesn’t imply you must add new connections and instantly push your new promotion for brand spanking new prospects. There’s nothing social about that.

The important thing to efficient social promoting is to place relationship-building first, at all times.

What’s distinctive about social promoting? 

What units social promoting aside is that it leverages digital communication as a way to determine relationships along with your potential consumers as an alternative of simply making an attempt to promote promote promote. 

When executed accurately, social promoting can take the place of “tried and true” prospecting strategies that gross sales reps and prospects alike dread. What makes it completely different is that you just’re approaching customers on a platform they really feel snug on.

However do individuals truly need to have interaction with companies on social media? The reply is a large resounding sure. Actually, 87% of B2B consumers are open to interacting with salespeople who they met by way of an expert community like LinkedIn.

Okay, in order that they’re prepared to speak. However do they put their cash the place their mouth is? Once more, the reply is a convincing sure. 

Research have proven that 72% of salespeople utilizing social promoting outperform friends who haven’t taken to this new and modern gross sales technique but.

A statistic regarding social selling

Comfort might be a giant issue right here. Social promoting is a extra handy choice for many consumers, and outreach doesn’t really feel like an abrupt interruption. Quite the opposite, many truly really feel a reference to the companies they patronize. 

That’s the foremost distinction between social promoting and social media advertising. It’s a private expertise that creates one-on-one relationships between firms and potential consumers. You’re not plastering impersonal adverts or spamming contact requests and pitches and hoping that somebody bites. As an alternative, you’re constructing belief and credibility over the long run. 

So what’s the underside line? Social media is a professional gross sales platform that generates outcomes for gross sales groups worldwide. 

It’s not nearly humorous rivalries, jokes, and driving model consciousness. It’s efficient for driving gross sales, too. In 2022, 34% of US consumers need to be contacted by sellers over social networks (vs. 21% who need to get known as).

What issues will social promoting clear up? 

There are a number of gross sales issues that social promoting will show you how to clear up. As salespeople, we at all times hear that profitable promoting comes from relationship constructing. Nonetheless, most individuals are cautious of gross sales reps (usually with good motive). 

For years, we’ve been over-marketed to. Chilly calling is a tried-and-true a part of the gross sales course of that shouldn’t be ignored or downplayed. Nonetheless, social promoting provides you a chance to construct your gross sales pipeline with focused leads with out leaping on the telephone with a stranger. By participating with prospects within the digital house, you possibly can set up relationships in a non-invasive manner.

An image of a checklist showing the problems social selling solves

Social promoting additionally helps you outline your fame in an enormous on-line house. There’s a variety of noise within the social media world, however social promoting evens the taking part in discipline in order that anybody can have a platform and construct their social community. 

By investing time and delivering worth up-front, you possibly can set up relationships that won’t simply result in offers, but in addition strengthen your fame. You might even get just a few constructive critiques and word-of-mouth referrals alongside the best way. (And we’re positive you understand how a lot these can influence your closing efforts.)

And since you ship worth in your profile, not simply randomly spam potential leads, you possibly can even construct model consciousness on the identical time. A variety of potential consumers will get an impression of who you might be and what you stand for, not simply what your organization does. 

The social promoting course of exploded in recognition through the Covid lockdowns, as salespeople have been scrambling to maintain the gross sales quantity up.

How might salespeople create relationships with potential purchasers when nobody was leaving the home? 

At one time, networking occasions have been massively useful for relationship constructing. A handshake, a smile, and a rapidly pulled enterprise card may very well be the deciding consider closing a deal. 

However through the pandemic, there have been no such occasions. So gross sales reps needed to go some other place to satisfy potential consumers.

And that is the place social promoting got here into its personal.

Gross sales professionals began to construct relationships into the digital world once they might now not costume up in fits and swap enterprise playing cards. The gross sales world discovered a brand new and efficient solution to promote. 

Now, a brand new enterprise panorama focuses extra on socially-distanced experiences and distant work. And good analytics allow you to trace how nicely you’re adopting this new technique.

A technique you possibly can measure how successfully you’re promoting on LinkedIn, for instance, is thru the social promoting index metric. This was developed by LinkedIn again in 2014. 

The social promoting index metric determines your effectiveness in 4 main areas:

  1. Creating an expert model with a well-managed profile
  2. Discovering the suitable individuals
  3. Sharing content material that evokes related and doubtlessly worthwhile dialog
  4. Constructing relationships and strengthening them over time

A view of the Social Selling Index on LinkedIn

You will discover the social promoting index dashboard on LinkedIn within the Gross sales Navigator. At first, it should look one thing just like the picture above. However with onerous work and significant connections, it should develop and fill out.

Is social promoting match to your group?

Okay, so we’ve coated info and figures that again up social promoting as a contemporary gross sales technique. However you’re in all probability nonetheless questioning, “will social promoting work for my firm?” 

All companies are completely different, so what works for some, clearly could not work for others. That additionally goes for social promoting — quite a lot of components decide whether or not social promoting is a powerful choice for you and your group. Earlier than you begin rolling out a social promoting technique, ask your self just a few vital questions. 

Are your consumers on social media? If that’s the case, which platform? That is in all probability a very powerful consider figuring out whether or not social promoting will probably be a profitable enterprise for you. Clearly, if you happen to’re catering to a inhabitants that doesn’t use social media platforms (a really small minority right this moment), or doesn’t spend a considerable amount of time on them, then social promoting isn’t going to do a lot. 

If the members of your goal demographic are on social media, the following factor it’s important to ask your self is what platform they’re on. 

Take Gong for instance. We give attention to a B2B viewers of gross sales executives, gross sales managers, and professionals. Meaning we’re not going to flourish by doing TikTok dances and sharing cat photographs on Instagram. As an alternative, we preserve our give attention to LinkedIn, and have a number of industry-leading gross sales specialists that share their hands-on expertise and provides recommendation on the platform. This helps us entice related, high-quality inbound leads, and offers us an incredible basis for doing gross sales outreach on the platform.

The primary social promoting mistake to keep away from

Earlier than we bounce into how one can promote in a social manner on every platform, let’s cowl the most important false impression (and mistake) relating to social promoting.

Social promoting shouldn’t be about being a pushy salesperson making an attempt to pressure interplay and instantly diving into the pitch. It’s not about spamming individuals.

Should you’re on LinkedIn, I’m positive you’ve gotten greater than your justifiable share of “Let’s join.” messages, only for the particular person to instantly ask to your cash.

That’s not the way you promote successfully on social. As an alternative, it’s about creating significant interactions. 

As soon as you identify that relationship, it’s simple to indicate folks that your organization can clear up their issues. 

If you wish to succeed, your gross sales reps have to have a knack for offering worth to prospects with out being overly sales-oriented (we’ll present an instance from considered one of our personal employees members beneath). It takes persistence and perception within the course of to blindly give attention to offering worth by way of dialog and posts. 

Lastly, social promoting conversations are extra about listening than speaking. It’s good to single out gross sales reps who can hear nicely and forge sturdy relationships over time. On social, it’s listening, empathy, persistence, and including worth — not shut, shut, shut. 

Social promoting on LinkedIn 

LinkedIn is a social media platform that many individuals flip to for B2B gross sales and networking alternatives. An enormous 96% of B2B entrepreneurs use LinkedIn to run natural advertising campaigns or straight attain out to potential consumers. This atmosphere is why it’s probably the most efficient social promoting instruments on the market. 

You’ll be able to’t simply bounce into contacting individuals on LinkedIn to begin social promoting conversations. It’s good to set up credibility first earlier than taking that step. 

How do you identify credibility on LinkedIn? Begin by focusing in your profile and establishing your private voice on social media.

Maintain your profile updated along with your picture, function, and bio. These are the fundamentals.

However right here’s the important thing to success: be sure that the content material you’re posting creates worth. You don’t need to simply be a strolling billboard speaking about your latest gross sales promotion and sharing firm press releases. Share relatable anecdotes, useful recommendation, and reply widespread questions in your {industry}.

And let your persona shine by way of. Share your personal private perspective on {industry} points and issues. This humanizes you to potential consumers on social media, and makes it simple to begin a fruitful enterprise relationship.

Lastly, don’t be afraid to take a stand and disagree with “establishment” when it issues to you. 89% of consumers say they’re extra more likely to take into account a model if a vendor modifications the customer’s mind-set. Assist them shift their paradigms they usually’ll be blissful to do enterprise with you. 

A sample of a LinkedIn Profile

(Picture Supply)

You’ll be able to construct credibility quicker by extending your community. Discover mutual connections and be a part of LinkedIn teams to succeed in extra individuals. Consider LinkedIn as an internet networking occasion, and your web page is sort of a large enterprise card. Collect endorsements out of your LinkedIn connections. These act as letters of advice, displaying the individuals who have a look at your LinkedIn web page that you just’re a professional skilled with valued connections all through the enterprise world.

When you’ve established your profile, it’s okay to begin reaching out. Ask questions and share movies that talk to some subject they’ve raised. These are the primary steps that may start the relationship-building course of.

You’ll be able to, in fact, join with strangers and ship chilly messages, however discover a solution to ship worth in a roundabout way — for instance, share a current survey the prospect could also be curious about.

However right here’s the important thing to LinkedIn promoting success: don’t neglect the connections you’ve already made. Leverage them by staying energetic and posting precious recommendation (associated to your services or products) repeatedly to your LinkedIn feed and appearing as conduit for the neighborhood.

Right here’s an instance from our very personal director of latest product gross sales, Chris Orlob:

Example of effective networking on LinkedIn

As you possibly can see, our group isn’t all discuss after we discuss “including worth.” He’s actually providing out-of-work gross sales reps a private introduction that might land them their dream job with out a prolonged interview course of. 

As we talked about, LinkedIn Gross sales Navigator is usually a useful gizmo for monitoring your social promoting success. It should additionally show you how to find prospects and attain out to them personally. On high of that, the Gross sales Navigator dashboard will give you analytics that may decide your effectiveness (or that of your reps).

Social promoting on Fb 

Fb is a wildly in style social community with an enormous viewers that’s even greater now after buying Instagram and WhatsApp by way of the years. 

When speaking about Fb and promoting, it’s simple to consider Fb Market (FB’s Craigslist), however that’s not what social promoting is about.

As an alternative, B2B gross sales professionals can leverage the facility of Fb teams to community and set up themselves as authorities of their {industry}. This contains commenting on posts, reaching out straight through messages, and even making your personal unique posts and sharing them in acceptable teams. 

The bottom line is to create precious, shareable content material that professionals will need to work together with. 

Right here’s an instance from Andrei, one of many members of “Fb Advertisements Consumers,” with a fast and soiled breakdown of how he’s managing retargeting campaigns for high-ticket style ecommerce.

Example post in Facebook group Facebook Ads Buyers

When somebody feedback or interacts along with your content material, reply. Ask questions and reply something they ask. Provide to succeed in out straight by way of Messenger or ask them to DM you in the event that they need to have a extra in-depth dialog. 

If individuals share your content material, that reinforces your model consciousness and acts as a cosign for you and your model. 

When responding to feedback, be certain that you accomplish that in a sort and respectful method. Being well mannered and good can go a good distance towards beginning a social promoting dialog on the suitable foot. 

Social promoting on Twitter

Twitter can be a robust social promoting device, however it’s good to go about interactions in a different way than you’ll on platforms like Fb or LinkedIn. 

For starters, create Twitter lists that can show you how to preserve monitor of any data that sure teams are sharing. This could embody your present prospects, opponents, and prospects. 

An example of how to create a Twitter list

(Picture Supply)

Make these lists non-public in order that solely you possibly can entry them. 

When you’ve executed that, you’ll be capable to analyze how your opponents have interaction with Twitter customers and the way these responses are being met. (You too can use paid instruments like Buffer to trace this.) This may be invaluable data, as you possibly can be taught quite a bit from the successes and failures of your biggest rivals. 

A social promoting plan on Twitter ought to contain each official Twitter accounts of potential consumer firms and the non-public accounts of the decision-makers inside. It will assist create relationships with the individuals who have the facility within the firm (because the model account is commonly run by underpaid interns with no precise energy, however a killer humorousness). 

Keep in mind, don’t simply bounce in and attempt to promote your product. That’s a great way to get blocked and damage your private model. As an alternative, watch what they’re tweeting and sharing and search for a possibility to leap in along with your experience. 

A technique to do that is to observe them and switch your Twitter notifications on. Then, when you see one thing you’re feeling you possibly can weigh in on, reply to these tweets in a pleasant solution to keep related of their minds. 

Simply keep in mind the elemental rule of social promoting — don’t spam, solely talk in constructive methods. So reply to one thing they submit you probably have one thing precious so as to add to the dialog. Don’t simply go down the road and reply to every thing they tweet instantly. That’s borderline stalker conduct that can land you Twitter blocks and complaints, not prospects and gross sales.

Social promoting examples

Now, let’s have a look at how social sellers can create these significant relationships and set up sturdy buyer relationships sooner or later. 

For these examples, we’ll stick to LinkedIn, because it’s maybe the best social promoting channel on the market.

Once more, when reaching out to a possible buyer on LinkedIn, you don’t need to make it sound like a gross sales message. So don’t bounce straight in and introduce your self and begin speaking about how your organization can assist their firm generate elevated earnings. 

That’s the best solution to be marked as spam. As an alternative, spend a while wanting on the prospect’s posts and discovering some widespread floor. Work together with them by way of an curiosity they’ve proven. For example, if you happen to see that the particular person is a advertising director, there are methods to take that data and spin it right into a non-intrusive, non-salesy dialog.

Right here’s a pattern message that you may ship to kick off a social promoting relationship. 

Hey Bob,

Sorry for the random message, however I observed in your profile that you just’re a advertising director for a shopper items firm. I wished to succeed in out as a result of I’m concerned in just a few completely different Fb teams the place shopper advertising professionals come collectively to speak store and share their outcomes. I’d be blissful so as to add you into the neighborhood if you happen to’d like! It may be an incredible networking alternative. 

Sample message on LinkedIn

That message was quick, candy, and to the purpose. There was nothing salesy, and also you established worth that might profit the prospect of their skilled life. 

One other glorious solution to set up communication with a prospect by way of a LinkedIn social promoting scenario is to share some significant content material that you just assume would profit them. That is the place having a weblog is useful. Try to be filling your weblog with industry-specific content material that’s not overly salesy. 

Let’s say that you just wrote a weblog on digital advertising for attorneys, and also you see a lawyer connection posting on LinkedIn and speaking in regards to the excessive competitors they face inside their {industry}. 

Right here’s a pattern message you possibly can ship that might set up worth and open the doorways of communication: 

Hey [FIRSTNAME], nice to attach with you. Noticed your current submit about [X] – completely agree. I had an analogous expertise just lately with [Y] and observed [Your point of view]. 

OPTIONAL CTA: Simply curious, have you ever ever thought-about doing [X] in a different way?

Not solely is that this dialog well mannered and to the purpose, however you’re offering one thing to the prospect with out asking for something in return. What’s extra, you’re asking significant questions that might elicit a response and preserve the dialog going.

Conclusion 

Social promoting is the way forward for the gross sales {industry}. By participating with prospects and forging significant relationships with them over time, we will develop enhanced buyer relationships that stand the take a look at of time. Do it proper, and you will get elevated model loyalty and create new enterprise alternatives with steady recurring income that’s much less more likely to churn. 

Check out social promoting to your firm and watch your gross sales numbers develop. For extra perception into the customer-facing conversations that you just’re having, take a look at Gong right this moment.

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