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Riding The Social Media Wave To Drive B2B Sales Team Efficiency

The Perfect Storm B2 B Social Selling V15

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Ride The Wave Of Social Media To Drive B2B Sales Effectiveness

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Page 1: The Perfect Storm   B2 B Social Selling V15

Riding The Social Media Wave To Drive B2B Sales Team Efficiency

Page 2: The Perfect Storm   B2 B Social Selling V15

The Way We:• Communicate

• Build Trust

• Develop Relationships

With Our Clients Is Changing…..

Page 3: The Perfect Storm   B2 B Social Selling V15

3

Fast!Fast!Are You Ready?Are You Ready?

Page 4: The Perfect Storm   B2 B Social Selling V15

4

It’s not the strongest of the species that survive;

nor is it the smartest. It’s the ones that are the

most responsive to change that survive.

Charles Darwin

““

””

Page 5: The Perfect Storm   B2 B Social Selling V15

5

When the winds of change blow some seek shelter, others build windmills

““

””Chinese Proverb

Page 6: The Perfect Storm   B2 B Social Selling V15

A. What is Happening?

B. Why is it Happening?

C. What Should We Do?

Page 7: The Perfect Storm   B2 B Social Selling V15

What Is Happening?

Page 8: The Perfect Storm   B2 B Social Selling V15

We are going from the era of automation

into the era of collaboration

PCC Summit 2012, Gartner

“ ”

Page 9: The Perfect Storm   B2 B Social Selling V15

I find your approach to sales to be fundamentally exasperating to me and unproductive for you.

I do not need your reps to “sell” me. I find more out about you & your product/service online.

And I certainly do NOT And I certainly do NOT consider e-mail an consider e-mail an effective tool for effective tool for communication.communication.

A letter from the Client

““““

Page 10: The Perfect Storm   B2 B Social Selling V15

Why Is This Happening?

Page 11: The Perfect Storm   B2 B Social Selling V15

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Your Buyers and Employees are Changing

Page 12: The Perfect Storm   B2 B Social Selling V15

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Evolution of B2B Communication ToolsSo

phis

ticati

on

Time

Adop

tion

Spee

d

Page 13: The Perfect Storm   B2 B Social Selling V15

Consumerization* is the most significant trend affecting IT in

the next 10 years.

*Consumerization: The growing tendency for new information technology to emerge first in the consumer market and then spread into business & government organizations.

““ ““PCC Summit 2012,

Gartner

Page 14: The Perfect Storm   B2 B Social Selling V15

Buyer & Seller Cost & Productivity Pressures

Centralized Decisions

• Decisions centralized and raised to executives

• Pressure to reduce sellers CAC (Customer Acquisition Cost)

• Buyers/Executives do not have time to waste

• Will only connect with trusted pro’s in their network

• The web replaced the rep as “information butler”

Pinch-point Remains

Page 15: The Perfect Storm   B2 B Social Selling V15

What Should We Do?

Page 16: The Perfect Storm   B2 B Social Selling V15

Clients Are Calling For Help!

How Should Sales Teams Respond?

Page 17: The Perfect Storm   B2 B Social Selling V15

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How To Get From Today - To “The New World”

1) New World Sales Process/Structure

2) New World Methodology

3) New World Content

4) New World Tools

Plan To: Assess, Train, Implement & Reinforce!

Content

Methodology

Tools

Process&

Structure

Page 18: The Perfect Storm   B2 B Social Selling V15

Current Sales ProcessCurrent Sales Process

Close Close Minded Minded DEAL!DEAL!

Open Open MindedMinded

When the client looks to us as problem

solvers, it give us an opportunity to express our competence, show concern and earn his

trust …

Instead we spam him with email blasts, lead-gen calling campaigns,

& inside sales reps hunting to set up a

meeting

Emot

iona

l dec

ision

pro

cess

Emot

iona

l dec

ision

pro

cess

Rational decision process

Rational decision process

This is where we provide pricing, facts,

figures, data and demos.

This is

where w

e should b

e establis

hing

competence

, showing co

ncern

and earning

trust.

Page 19: The Perfect Storm   B2 B Social Selling V15

Close Close Minded Minded DEAL!DEAL!

Open Open MindedMinded

Emot

iona

l dec

ision

pro

cess

Emot

iona

l dec

ision

pro

cess

Rational decision process

Rational decision process

This is where we provide facts, figures

relevant data, perform demo’s etc.

This is

where w

e establis

h competence

,

earn tr

ust, addre

ss co

ncern

s, etc.

Provide context to your request. Leverage references to earn trust.

Provide a high quality, video powered pitch from your companies best presenters.

Instead of spamming, give them an opportunity to subscribe to your news feed, encouraging you to stay relevant.

Express & discuss, variety of solutions around the problems in the market.

New World, Social Media Enabled Sales ProcessNew World, Social Media Enabled Sales Process

The Trust Triangle™The Trust Triangle™

Page 20: The Perfect Storm   B2 B Social Selling V15

No longer is it about creating value FOR the client,

it is about creating value WITH the client.

Page 21: The Perfect Storm   B2 B Social Selling V15

The Proof:

Client Acquisition CostSales Cycle Win/Loss Rate

58 weeks

95%97%

ReduceShorten Improve

37 weeks

Standard

Sta

nda

rd

Soc

ial M

edia

Ena

bled

Social Media Enabled

$119,000

$39,000

Page 22: The Perfect Storm   B2 B Social Selling V15

The 5 Keys

1. Don’t Be Afraid To Act – “The Worst Action Is No Action”

2. Not Too Late - Start Running Now

3. Train Team On Social Sales Tools

4. Gradually Modify Sales Process & Structure

5. Create New Content

Page 23: The Perfect Storm   B2 B Social Selling V15

Every morning in Africa a gazelle wakes up. It knows it must run faster than the fastest lion or it will be killed.

Every morning a lion wakes up. It knows it must outrun the slowest gazelle or it will starve to death.

It doesn't matter whether you are a lion or a gazelle – when the sun comes up, you had better be running.

Unknown

““

””

Page 24: The Perfect Storm   B2 B Social Selling V15

One Final Thought……

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Daniel J. AdamsADAMS & ASSOCIATES

www.trusttriangleselling.com [email protected]/in/adamsdaniel

Jacco Van Der Kooij#IndoJacco

[email protected] www.linkedin.com/in/jaccovanderkooij

CONFIDENTIAL © 2002-2012 Trust Triangle Selling™ Adams & Associates

It's not the big that eat the small,It's the fast that eat the slow.

““””Jason Jennings