Did you know that, as of 2020, the average person spends 145 minutes (nearly two and a half hours) per day on social media? With so many eyes on social media, you’d be right to think these platforms have caught the attention of sales and marketing professionals. Social selling is now a crucial part of sales strategy for most businesses, as younger users increasingly turn to social media before making a purchase — 50% of 16-24 year olds research products on social networks before buying.
All this focus on social media has resulted in a highly-competitive landscape. 93% of marketers agree that social media has accelerated competition within their industry. Social networks are full of paid and organic content from individuals, influencers, and brands of all kinds. So how can you create a social selling strategy that stands out from the rest?
Read on to learn more about social selling, what it is, how you can implement it in your business, and what tools are available to help you.
To gain credibility online, you’ll first need to have enough information on your social media profiles to let people know who you are. When creating a company page on social media, you should:
Individual sales reps, marketing staff, and executives may also need to use their personal profiles as part of your company’s social selling outreach efforts (for example, when using LinkedIn). In that case, they’ll want to make sure their LinkedIn profiles are professional, appropriate, and completely filled out.
Encourage all client-facing staff to:
If you consistently post valuable content, this will help your social selling efforts by attracting your ideal prospects to your social media profiles. You’ll want to post content that is engaging, genuine, and relevant. This means addressing your customers’ concerns, using the same type of language they use, and positioning yourself as an industry expert.
Two excellent examples of social media content creation come from Wendy's (B2C):
And from Mailchimp (B2B):
As you can see, Wendy’s uses a casual and humorous tone when posting on Twitter, while Mailchimp takes a knowledgeable and helpful approach on LinkedIn. These brands’ social selling strategies are very different, as each one has tailored their message to reach the target audience.
As you can see, Wendy’s uses a casual and humorous tone when posting on Twitter, while Mailchimp takes a knowledgeable and helpful approach on LinkedIn. These brands’ social selling strategies are very different, as each one has tailored their message to reach the target audience.
You can grow your audience and draw attention to your offer by building a relationship with your prospects on social networks. This could mean:
If you’ve done some customer segmentation and created audience personas, you can use this information to decide which platforms to focus on. Different social media sites attract different demographics — for example, most US TikTok users are 18-24, while 60% of worldwide Pinterest users are female. While most brands are active on more than one social media platform, understanding the demographics of your customers can help you decide what kind of social selling campaigns to run, and where you should be investing the most time and energy.
Social selling beginners are completely new to the idea of social selling. Your company might be at Stage One if you:
At Stage Two, you may have a company page or individual social media profiles set up, but you haven’t created a plan for social selling. Sales reps or marketing staff might be acting individually, but not in a coordinated way. Perhaps you’re struggling with consistent posting, your social profiles may not be completely filled out, or you may still not be reaching your target audience.
You might be a social selling novice if you:
At Stage Three, you’ve set up an organized social selling strategy. Your team has worked together to craft an overarching vision for social selling, and you’ve created policies to leverage the sales potential of social media. However, you still don’t feel like you’ve reached your full potential, and are hoping to achieve even better results.
You might be at Stage Three if you:
Social selling experts have a clear, scalable plan for social selling and are already seeing the results they want. Your company is at Stage Four if you:
What’s the difference between a short-term social selling hack and a long-term social selling strategy? The key is consistency and focus. Certain content types (like inspirational stories or funny videos) are very popular, and can help anyone go viral in the short term. However, that doesn’t mean they’ll bring in qualified leads over time.
While going viral on social media can certainly generate leads, it’s not the be-all and end-all of social selling. Remember, your aim is to establish yourself as an expert in your field and to reach people in your target audience. To get the best results from your long-term social selling strategy, focus on posting content that’s highly relevant to your business and will attract your ideal prospects.
LinkedIn is one of the top social selling platforms. Since LinkedIn is a business-focused social network, users are expecting to see sales and marketing content. With nearly 800 million members in 200 countries around the world, LinkedIn is a crucial sales tool that gives B2B companies direct access to decision-makers.
Facebook is another important platform for social selling. The most notable thing about Facebook is its sheer reach — the platform has nearly 3 billion active users (that’s almost 40% of the world’s population!) With so many people on Facebook, it’s clear that both organic activity on the platform and paid Facebook ads are key for many B2C brands.
Twitter is popular with a highly-educated Millennial audience, particularly within the US. Most Tweets are created by a small group of users (10% of Twitter users create 80% of tweets among US adults). The majority of this group are women and focused on politics. With Twitter users being younger, more highly-educated, and wealthier than the US general public, this network is useful for social selling targeting these demographics.
A 2020 survey showed that 11.1% of US adults made a purchase on Instagram within the past year, surpassing any other social media platform besides Facebook. Instagram’s image-heavy format makes it a particularly important social selling tool for B2C brands, especially in visually-focused industries like fashion and beauty.
To succeed with social selling, you’ll need to make it a cornerstone of your company’s sales strategy. Here’s how you can get started:
What does your current sales process look like? Before you kick off your social selling plan, think about what’s currently working and what isn’t. Ask yourself:
The next step is to craft a roadmap for social selling at your company. This is where you’ll brainstorm a plan to boost your sales using social media. If you’re completely new to social selling, don’t worry if you’re unsure of where to start. As your teams try new things, you’ll be able to refine your plan and hone in on the strategies that work best.
You can use the information gathered in Step One to create your plan. Identify the social media platform(s) where you’re likely to find your target audience. Then think about the types of content they’d most like to see, and the outreach they’ll be most likely to respond to.
Once you’ve developed a plan, you’ll need to train your teams to execute it. Social selling is a combined marketing and sales activity, so both departments should work together cross-functionally for best results.
It’s key here to make sure everyone has the same information. If sales reps misunderstand your offer or aren’t up-to-date with what marketing is doing, you may end up confusing your leads and losing business.
With a centralized CRM system, you can keep your teams working in a synchronized way, ensuring no customer falls through the cracks.
While executing on your social selling plan, you’ll need to regularly keep track of results to make sure things are working the way they should. If sales reps are struggling to make quota, perhaps you need to pivot to a different type of social selling strategy. Ask yourself:
Finally, use what you’ve learned during this process to fine-tune your social selling methods and find a strategy that works. You may need to A/B test different types of organic posts or paid ads to find out which type of content resonates most with your audience. As you develop new insights and your strategy evolves, remember to keep your teams up-to-date on the changes.
The Social Selling Index (SSI) is a metric developed by LinkedIn to help you measure success in social selling. SSI scores range from 0-100, with 0 being the lowest and 100 the highest.
SSI scores are calculated based on the following factors:
Establishing your professional brand: profile completeness, posting rich content, interacting with others, generating endorsements
Finding the right people: using LinkedIn’s search tools, leveraging warm introductions, researching potential prospects, checking who’s viewed your profile
Engaging with insights: sharing relevant resources, leveraging LinkedIn news and data, discussing with your connections, using relevant information when reaching out
Building relationships: connecting with contacts, focusing on decision-makers, connecting with your internal team, nurturing relationships
Another simple way to measure social selling success is through the number of warm conversations your sales reps are having with prospects. Is your social selling strategy successfully producing inbound leads? Are outbound leads typically responsive, and are your reps succeeding in building those relationships?
Social selling is all about building a network, and professional platforms like LinkedIn make that easier than ever. With the ability to view second-degree connections, sales reps you can reach out directly to their your contacts and ask to be introduced to a prospect.
Are your current customers referring their friends and colleagues? Is there a way you can make an offer (like a referral bonus) that incentivizes them to share on social media? Referrals can lead to exponential growth, making this a potentially fruitful addition to your social selling strategy.
To understand how your company’s content is performing, look at metrics such as the number of likes, shares, or followers you have on your social media pages. Ideally, you should be growing your audience over time. However, don’t forget to consider the quality of engagement, not just quantity — are people having meaningful discussions on your page? Are they leaving positive comments about your products? Are your posts reaching the right people?
Social media offers enormous potential for sales leaders. If you haven’t yet explored the possibilities of social selling, there’s no better time to get started. With millions of people around the world using social networks, social selling is an essential way to reach people, capture their attention, and present them with your offer.
Want to learn more about creating a winning sales strategy?
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