What Sales Leaders Really Need to Know About Social Selling

Contrary to what you may hear, social selling isn’t a NEW idea. I can say that because I’ve been using the term in my writing and speaking since early 2009, as I was writing my book, The New Handshake: Sales Meets Social Media. Rather than trying to take credit for the term though, I want to suggest that you, as a sales leader, need to be wary of the sales trainers and software platform sellers merely trying to capitalize on a “buzz term” they think is hot.

Why am I bothered about the abuse of the term social selling?

Well, for two reasons:

1. The misguided assumption that the use of social tools (LinkedIn, Hootsuite, Twitter or Facebook) on their own is the strategy that will increase sales and cure sales performance problems.

Use of technology is NOT a sales strategy!

Far too many of the “self-proclaimed” social selling experts want you to believe that all your sales people need to know is how to use LinkedIn, and once they do, sales will magically increase. Don’t get me wrong, I’ve been a fan of LinkedIn since I became member number 874,098 on July 22, 2004, and am thrilled that my company was recently selected as one of seven to join LinkedIn’s Sales Solutions Certified Partner program. But for all the love, I know, as you need to know, that LinkedIn – just like any other technology – is a sales tool that enables a sound sales approach but does not replace it.

Ask yourself, what good is technology if your sales people do not follow a sales process; they lack basic common sense, good communication and sound selling skills?

I don’t need to tell you the answer. You already know what it is.

2. The over reliance on technology is quickly replacing the basic principles of great selling.

The gap is only getting wider as more and more sales people seem to think that the technology will do the actual selling for them. Good communication, listening, business and sales skills and even the basic principles of etiquette is disappearing…quickly!

Social selling is not merely a set of tactics reliant on one technology platform or even a combination of platforms. I believe that Social Selling is a strategic way of thinking about what today’s buyers want and expect from sales people. Yes, technology is part of the equation and can help you reach your prospects more quickly, but what are your sales people saying and doing once they get in front of them?

What do you, as the sales leader, really need to know about social selling?

Unless you have a plan that is aligned with sales objectives, the right people with the right skills, a process followed consistently, use of the right platform(s), sales messages communicated from the customer point of view, defined metrics to track, and an approach that is mixed with equal parts persistence and patience, you haven’t a prayer of achieving the sales results you seek.

Technology is only a fraction of the real sales story, but the so-called experts won’t bother to tell you that!

Selling in a New World: A Sales Mastery Interview with Tim Mushey

As a consummate networker, I love that social media helps us to expand the size of our networks in ways not even possible a little over 10 years ago. Through LinkedIn groups, Facebook pages, Twitter and blogs, we can interact and learn from people all over the world. I’m old enough to remember the concept of pen pals, and at its best, that is what social media is all about. At its worst, is the prolific use by many sales and marketing folks to crank out more sales spam rather than engaging people in conversations.

There is no doubt that sales people and the process that they use needs to evolve. Why? Because buyers start most of the buying process before sales is ever engaged. Some argue that by 2020, sales people will not be needed at all. While I do not believe that to be the case, especially in B2B sales, I do believe that the sales folks left standing will be the ones who adapt to buyers demanding that sales people, and the companies that employ them, do things differently.

In my recent interview with Tim Mushey, who I met and got to know in a LinkedIn group called SalesPlaybook (and then we connected on Twitter and Facebook and…), we talk about what top sales performers do that set them apart from their peers, as well as how social media is changing the game.

Let me tell you about Tim.

Tim is a sales professional, leader, blogger, Toastmaster and social media enthusiast. He has been blogging about sales, leadership and several other topics since January, 2012. He is working on a business to supplement his full time sales career and is looking forward to coaching, writing books, marketing information products and speaking engagements in the future.

His outside sales background is extremely diverse, and he has represented many product lines and services since 1996. His tough as nails determination was developed knocking on doors in Australia in the very competitive photocopier business.

Tim is a passionate leader who prides himself to be the best he can be, no matter the circumstances. He leads by example, and has always prided himself in working hard.

He has connected with many great people via social media in the sales and leadership space, and is amazed to have developed such an incredible network in less than three years. It has given Tim new perspective on the profession, and he is certainly learning something new each day!

During the interview you will learn:

  • How sales has has changed from Tim’s perspective.
  • How to adjust gears in a world where business moves faster than ever.
  • What top sales performers are doing that their peers are not.
  • What a brand new sales rep ought to do from day one.
  • Advice for sales leaders who feel overwhelmed with so many things to be conscious of and get done these days.
  • Why top sellers are not always the best candidates for leading and managing teams.
  • How social media affects today’s sales process.

And so much more…

Enjoy the interview!

Social Media Does Impact Revenue!

Social Media and Sales Quota” report is now available and packed with great highlights about how sales people use social media to sell.

When working with sales organizations in the business-to-business (B2B), space we are constantly asked if using social media as part of the sales process actually generates a measurable return.

Jim Keenan of A Sales Guy Consulting and I decided to find out if social selling truly impacted sales. With all the hype that surrounds social media and the term “social selling”, we wanted to know if social made a difference where it mattered…in quota.
With that in mind, we conducted a random, anonymous survey to find out what sales people had to say.

Our “Social Media and Sales Quota” survey report is packed with great highlights about how sales people use social media to sell.

You will discover that 78.3% of our survey respondents do use social media in their selling process and that 72.6% of sales people using social media outperformed their sales peers in 2012!

Here are just a few of our key findings…

  • Quota attainment and sales performance. In 2012, 72.6% of sales people using social media as part of their sales process outperformed their sales peers and exceeded quota 23% more often.
  • There is a direct correlation between closed deals and social media usage. Sales leaders want to know where the Return-on-Investment (ROI) is if their sales people spend time on social media sites. 54% of our survey respondents have tracked their social media usage back to closed deals.
  • The time investment in using social media to sell. A common concern among sales leaders is that their sales people will spend more time on social media sites then they will actually spend selling. It turns out that their concern is unwarranted. 50.1% of sales people told us that their time spent using social media ranged from less than 5% to up to 10%.
  • The report includes other eye openings insights and clearly shows that those sales people using social media significantly outperform their peers when it comes to achieving/exceeding quota and closing deals!

Help Us Get the Word Out!

Sample Text:
FREE Social Media and Sales Quota Survey Report. Find out how savvy sales people use social media to achieve quota and close deals! Get the results from our 2013 survey.

Sign Up on the Home Page RIGHT NOW to Download Your Copy!

Get Social 123: A Sales Mastery Interview with Scott Miller

The buzz around the term “social selling” is getting louder. I suppose it is inevitable that the new kids on the block believe social selling is something new, but like anything else, it is only new to you when you become aware of it. People like me, Koka Sexton, Craig Rosenberg, Anneke Seley and others, however, have been talking about social selling since about 2009.

It is also not uncommon for there to be any number of definitions being applied to “social selling”. And, I know at least one sales professional who argues that social doesn’t sell, people do. I do not disagree, and I think of social selling as a process, a sales approach and have defined it in this way…

“Social Selling is the process of using social media to prospect, research, engage, collaborate, network, teach and close all with the purpose of attaining quota and increasing revenue.”

What that means for sellers today is that the savvy ones recognize that a better-informed and more connected customer controls the buying process. For sales people to reach this new buyer, they need to leverage the information that can be gleaned from participation in social networks quickly and easily, in order to turn information into leads and sales opportunities.

That leads me to my recent conversation with Scott Miller, Chief Sales Officer at Social 123.

With a variety of platforms in the market that say that they can serve up data to sales people in ways that create sales opportunities, many of them don’t quite cut it. After taking the time to check out Social 123 myself, I have to say that I think they have a winner.

Let me tell you about Scott.

Scott is responsible for new customer acquisition and monetizing Social Media for current customers. Scott is a recognized thought leader in the demand creation space having consulted and led numerous sales teams over the last twelve years. He is the author of two e-books and a successful blog on sales and lead generation best practices.

Scott previously served as District Vice President of Sales of Ceridian – a leading global business services and software solutions company that helps organizations control costs, save time, and optimizes their workforce. Under Scott’s leadership, his division doubled its revenue production two consecutive years. He was successful in implementing leading edge programs to generate demand using social media technologies.

Before Ceridian, Scott served as a Principle for the world-renowned sales consultancy, The Complex Sale. The Complex Sale is a sales strategy and training company that helps you win the sales you can’t afford to lose. Scott’s role was to acquire new business and he brought in the most new customers for the firm for two consecutive years. Scott was instrumental in the demand creating strategy of the firm with a heavy emphasis on web and social media.

When you listen to my conversation with Scott, you’ll learn:

  1. What Scott thinks about selling in today’s world.
  2. The difference between social media management and social lead generation.
  3. The difference between Social 123 and other platforms claiming to do similar things.
  4. Why you don’t need a large social network or personal Twitter following to use Social123 to get results.
  5. The best social networks for lead generation.
  6. How sales people can use Social 123 for selling.
  7. Data quality and how they serve it up.

And more…

Enjoy the interview!

Tell Me Something I Don’t Already Know

I notice things.

My daily goal is to be as present as possible in every conversation I have as I move through my day. I am also paying attention to the various things happening around me. Something that I hear, see or read just might spark a new idea, a blog post, get me thinking differently or cause me to dig deeper to learn from the experience and underlying meaning. I have this weird thing about three’s. If I see it or hear something three or more times, I really start paying attention.

That leads me to my post today.

A few months ago a colleague referred me to a potential new client. She had paved the way for a social selling discussion, because in the course of her conversation with the Sales VP, she knew there was a qualified opportunity. I set the meeting with the Sales VP, we had lunch, discussed his desire to train his sales team to more effectively use social media – LinkedIn, Twitter, etc. – to prospect, generate leads and secure more meetings.

That lunch conversation resulted in me sending over an outline of a potential program for his sales meeting. It all seemed good. After a few failed attempts at following up with him, I began to suspect something was amiss. Finally, I decided to send a note that said, “I have not heard back from you about my suggestions for your sales program, so I assume that you’ve decided to go in a different direction. I’ve cleared the date from my calendar, and I want to thank you for the opportunity to be considered.” A day later, he responds and says, “He had been traveling on business. He thanked me for the information that I had sent to him and went on to say that he liked what I had proposed, but he felt that the price was too high for his smaller team. He told me he would recommend me to his boss for the upcoming national sales event.”

Boom! There it is…price.

I am fond of saying that it is NEVER about the price! I knew that I had either not communicated a strong enough value message, or I misinterpreted how willing he really was to correct the sales problem he said he wanted to fix. In other words, no matter what he had told me, it seemed clear that the pain wasn’t great enough for him to take action. Given that I believe in the importance of learning from the deals that go south, I called him a few times with the intention of learning what went wrong. He never responded, so I let it go. My colleague, however, did not.

Recently, she had a scheduled lunch with the VP, so during that meeting she asked him what was behind his decision not to hire me. Side note…he didn’t hire anyone else either! At first he went with the line about the price. She pushed back and assured him that my pricing was quite reasonable. Finally, he admitted that the real reason was that he liked everything that I had shared with him and he went on to say, “She didn’t tell me anything that I didn’t already know.” Hum.

A few days later, in a conversation with a the Sales VP at two different companies who are also clients, they both told me that a couple of their sales reps when asked about the work we had done with the team also said, “She didn’t really tell me anything that I didn’t already know.” Now I know something is up, and I’m wondering if it’s me? After pondering the comments, I came to this blinding flash of the obvious…

Knowledge without execution is useless!

These people know what to do, but by their own admission, they were not doing anything about it.

If you think that you already know what to do, ask yourself what good it will do to learn something “new” if you don’t put that new information into practical application either? You already know the answer. Nothing.

For any salesperson who thinks that they already know it all and still aren’t hitting sales targets, I’d like to suggest that you don’t need to learn anything new. You need to get off your backside and put what you know into action!

Put the Social into Selling: A Sales Mastery Interview with Ago Cluytens

As I’ve been writing and speaking for the last 7 years about Social Selling and why salespeople need to adapt to changed buyer behavior, it still comes back to one key point:

If you keep trying to sell the way that you’ve always sold, you lose most of the time!

I have a number of kindred spirits who think as I do regarding this changed world of selling, so it was with great delight that I sat down with Ago Cluytens to talk about his views on what salespeople need to do to succeed in today’s complex B2B sales environment.

Ago shared some practical tips that salespeople can put into practical application now. One of my favorites is Ago’s three golden rules for sales success using social channels to sell. It all breaks down to:

  • 40% sharing
  • 40% listening
  • 20% talking

Given that I’m observing a lot of sales (and marketing) people spend 80%-90% of their time talking about themselves and what they want to sell – and I am being kind with my percentages – I want people to take Ago’s advice to heart. Using social channels to crank out generic sales pitches just do more harm than good and people WILL turn you off. Another time, I’ll tell you about the person I had to shut off on Facebook, because I had finally had enough of the constant self-promotion.

Anyway, as I always say, it is great interview with a sales thought leader who has amassed years of experience on both the marketing and sales side of the house. I know that you are going to enjoy my conversation with Ago, as much as I did!

Let me tell you about Ago…

As Practice Director EMEA at RAIN Group, Ago Cluytens specializes in helping clients sell complex, high-end professional, financial, and technology services to senior decision makers and C-level executives in the Fortune 500.

His early track record as a management consultant with “Big 4″ professional services firms Ernst & Young and Arthur Andersen (now Deloitte) made him intimately familiar with “selling to the C-suite.” Spending over a decade as an executive with Fortune 50 financial services firm ING helped Ago develop a unique insider’s perspective of how corporations really buy and make decisions.

As former Global Head of Marketing (CMO) for the Private Banking division, Ago is a former CxO – with a deep understanding of what other CxOs look for when evaluating providers.

He has worked with corporations such as Ernst & Young, Toyota, Telenet, Arthur Andersen, Deloitte, ING, Keytrade, JP Morgan, Accenture, Procter & Gamble and Firmenich, as well as dozens of smaller firms.

Ago is a regular contributor to industry research and a panelist and speaker at conferences hosted by organizations like Brits in Business, Executives International, Wealthbriefing, Dukascopy, Marcus Evans, Terrapinn, and the Financial Times (FT).

And to ensure his insights stay current, he hosts an online TV series called the Coaching Master Series – learn more at www.coachingmasters.tv.

When you listen to my conversation with Ago, you’ll learn:

  • What buyers are really thinking about during the buying process and how they determine who gets the meeting and who doesn’t.
  • How social fits when selling in complex B2B sales situations.
  • Why Ago made the leap to social selling.
  • About several great social selling tools.
  • What a former marketer who has now crossed over into sales has to say about the difference between social selling and social media marketing.
  • Ago’s tips for getting started.

And more…

Enjoy the interview!

Making Marketing Work: A Sales Mastery Interview with Keith Finger

I recently wrapped another great interview with Marketing Master, Keith Finger. You might be asking yourself why I’m interviewing a marketing guy on my Sales Mastery Series, and it is because of my firm belief that Sales and Marketing must stop taking about how critical it is that they align their business strategies and actually do it.

As Keith told me, it’s not your father’s marketing anymore.  Salespeople often complain about marketing, but the fact is that effective marketing plays an important role in a company’s success.  But companies must understand today’s marketing and the balance of power in the prospect/vendor relationship. During our interview, Keith and I talked how marketing has changed, what that means for salespeople, and things companies should do to improve their marketing function.

Let me tell you about Keith…

He is the founder of TransformCMO, which helps B2B companies that are in a revenue rut unstick what’s stuck and get on the road to revenue generation success.  The firm takes a holistic approach to marketing, looking at all factors within a company and in the marketplace that can affect revenue generation and retention. His work has brought him to around the world, to more than 20 countries in Europe and Asia.

When you listen to the interview, you’ll learn:

  • How Keith defines today’s marketing, because it means lots of different things depending on who you ask.
  • How marketing has changed and why marketers need to adapt like never before.
  • Sales and marketing alignment and bridging the gap that has long existed in many companies.
  • About agile marketing and what that means for your business.
  • What companies can do to improve their marketing to better meet the needs of a changed customer and buying process.

And more…

Enjoy the interview!

New Year, New Questions

sales, social media, social selling, planning, goalsI’ve spent a substantial amount of time over the last few weeks reflecting. Personally and professionally, 2012 was another pivotal year that included, among other things, the loss of my beloved shepherd/retriever Shorty, and the closing out of a business partnership that didn’t quite turn out as I had hoped.

Though tough for me to admit, I was feeling a little defeated at the end of the year. After all, I worked hard. I gave my all. But there I stood at the end of the year, feeling as if I’d taken two steps backward, and I wasn’t happy about it.

What to do?

For me, the choices were pretty simple. I could choose to focus on what went wrong and spend time entertaining myself at my own private little pity party. Or, I could choose to ask for the help that I needed to get myself back on track. I chose the latter.

Help came in the form of a book called Awaken the Giant Within. A long-time fan of Tony Robbins, I’d read the book twice before. At least I thought that I did. This time around I must have been more open and receptive to doing the work, because I found myself saying many times…How did I miss that before? The insights I’ve gained have been invaluable.

And I want to share one with you today:
Ask better questions. Questions that empower you and inspire you to take action.

For some of you, your sales year begins anew. For others, you are at the mid-way point in your fiscal year and may have just gone through some grueling reviews of your sales performance. In either case, what you choose to do next, where you decide to focus your attention will chart your course.

When things don’t work out, it can be easy to default to Why me? If you focus on that question, you are sure to come up with a list of all the reasons why life just isn’t fair. All that does for you is to create more negative energy, which can never lead to a positive outcome.

Regarding any challenges you may be facing, I want to you to use these 6 questions as you think about them.

How can I turn things around?
What is positive about the problem?
What am I willing to do to create the outcome that I want?
What can I learn so that I never have to repeat the situation again?
How can I improve my product or service?
How can I enjoy the process of turning things around to get what I want?

Working through questions such as these leads to a more empowering and positive state of mind. And that’s when miracles occur!

Want better results, a better outcome? Ask better questions.

Using Technology to Sell: A Sales Mastery Interview with Jonathan London

As I interview sales professionals like Jonathan, it is all with the goal of helping you and your sales team radically increase your sales, improve the profitability of those sales and close those sales far more quickly than you are today, I want you to learn from the best in sales and social media, because selling today requires an entirely different approach and new skills are required!

And no set of skills may be more important than salespeople and organizations being able to leverage technology in ways that drive sales results. I’m a big fan of using technology as part of your sales process BUT technology is not a quick fix nor does it close the deal for you! In my conversation with Jonathan, we talk about how to use technology in the right way at various points in the sales cycle. It’s a good listen!

Let me tell you about Jonathan…improved performance group

Jonathan London founded Improved Performance Group in 1994 after nearly two decades as a sales superstar. His sales success at companies such as Olivetti, NBI, IBM/Rolm, EXEL Systems, WYSE Technologies and Picture Tel earned him numerous honors and accolades, including being the #1 performer in every sales and management position he has ever held.

Today, Jonathan is an internationally acclaimed expert on emerging trends and training and development strategies in sales, leadership, customer service and organizational transformation. He is a respected speaker, trainer, coach and consultant, and is the author of The Entrepreneur’s Guide to Selling and Using Technology to Sell – his newest book.

When you listen to the interview, you’ll learn:

  • Why Jonathan wrote his book - Using Technology to Sell.
  • What the biggest challenges people and organizations face in addressing the use of technology to sell.
  • How technology can enable or disable the productivity of salespeople.
  • How social media fits.
  • Why organizations need to change their approach in response to the amount of information and technology that is available.
  • The biggest mistakes sales organizations make when it comes to technology.

And more…

Enjoy the interview!

No More Cold Calling – A Sales Mastery Interview with Joanne Black

Recently, I sat down with Joanne Black author of No More Cold Calling to talk about No More Cold Callingreferral selling that drive revenue results. Referral selling is probably one of fastest ways to speed up those sales cycles, yet, as you’ll hear in my interview with Joanne, it is an area in which most salespeople desperately need help.

During my conversation with Joanne, we talked about…

  • Why referral selling is so much more effective than other methods.
  • How referral selling helps salespeople be more competitive in a tough marketplace.
  • How referral selling compares with other prospecting techniques such as cold calls, direct mail, advertising, etc.
  • Why more salespeople are not using referral selling in their day-to-day sales practice.
  • How social media can be used to generate referrals.

As I always do when interviewing top sales leaders in their fields, I learn something that I can put into practical application myself. My take-a-way from Joanne’s interview is that “referral selling” must be top of mind and something that you do consistently. If you follow Joanne’s proven process, you will find yourself dealing with more business than you can handle. And that…is a very good thing!

LISTEN TO THE INTERVIEW.