What is social selling? - Social Selling Company
Here you will find information about the definition of social selling

What is social selling?

What is social selling? Social selling is a methodology designed to develop relationships as part of the sales process with your customers.

Basically, it is all about potential customers getting to know you, to like you and to trust you via sales and marketing efforts on social media. The ultimate aim is to get customers to contact you when they need your products and services.

The power of social selling is strongest when you work with B2B relationship sales and long term sales cycles. This is where LinkedIn is the obvious social media choice, as it is the market’s strongest business oriented platform, however social selling can theoretically also be utilised on Facebook, Instagram and Twitter.

Social selling can also take place offline during physical client meetings, as it is basically all about developing business relationships with both existing and potential new customers.

As with many other trends, the social selling methodology started in the US, where it was a natural development from the so-called “Sales 2.0” mind-set, which is all about the challenges of getting back into the initial phase of the sales process or even influencing the customer before they have an actual need.

One of the basic elements of social selling is approaching potential customers in a less direct manner than you would normally when using so-called cold canvassing methods. For example, calling people without having been asked to contact them and the customer having no existing knowledge of the sales person – hence the term cold canvassing, as the initial relationship between seller and potential customer is “cold”.

Another element of social selling is the sales person being allowed to create personal branding by communicating their skills and qualifications on LinkedIn (or other social media). They can do this by creating and sharing relevant content, such as blog posts, links, videos and podcasts with their network on LinkedIn in order to promote their expertise and build their credibility.

Finally, social selling is also about “social listening”, meaning that you listen for the signals and information within your network on LinkedIn and other social media with the aim of cultivating relationships through listening, learning and assisting them, as well as potentially also picking up on sales signals from their network.

A misconception we sometimes meet is people confusing social selling with the term social marketing. However, these are two very different concepts. While social marketing targets marketing professionals who work with mass communication, social selling is more focussed on sales professionals who work with one to one based relationship selling.

Another misconception is people thinking that social selling is always synonymous with LinkedIn, however that is not the case. Social selling is a methodology and mind set, with LinkedIn being the platform used to execute the social selling methodology.

Ergo the social selling methodology can also be used on other social media platforms such as Facebook, Instagram and Twitter – providing the characteristics and idiosyncrasies of the platforms are respected.and adhered to. That being said, LinkedIn is the most widely used platform when it comes to B2B relationship selling.

Here you will find information about the classic sales model

Before I elaborate further with regard to what social selling covers, we should take a look at how companies have traditionally worked with selling. This is a concept that has been used up until a few years ago, a sales model often made up of segmentation, marketing, telephone canvassing, subject qualification and client meetings.

In fact, many companies are still using the classic sales model. This has a company marketing its goods and services in printed catalogues, adverts in trade publications, newspapers or magazines as well as exhibitions and trade shows.

Customer leads are qualified by industry and whether they are a public or private company, by geography, the number of employees, potential etc. Then the sales person will call to book a meeting in order to convince them that they should do business with them.

Of course, there are various different variants of this sales model depending on the industry segment but basically, this is the way that things have been done for many years. However, the Internet and Google especially have changed the way that customers purchase goods and services. With the traditional model, it was the salesperson who drove the process but that is no longer the case. Now the customer can carry out the entire sales process online without the need to talk to a sales person on the phone or meet them face to face.

In principle, customers have never liked being sold to but they cannot avoid it these days as the sheer volume and number of sales messages has unfortunately increased. Many companies collect e-mail addresses in order to use them to communicate with potential customers and gather information regarding behaviour, preferences, tendencies, interests etc.

Last, but by no means least, companies are increasingly using this information to ”retarget” customers, as the information is used when a potential customer visits the company’s website or the company’s LinkedIn, Facebook, or Instagram pages.

You have probably experienced this when you last filled up with petrol and paid in the forecourt shop. You were probably met with a rather impersonal offer for two packets of sweets for a dollar. This is what I would call a sales person simply not thinking and being on autopilot when it comes to additional sales.

Here you will find information about the new sales model: Social selling

Nowadays, customers use search engines such as Google as well as social media (LinkedIn, Twitter and Facebook) to find solutions to their needs and they often ask their network for recommendations.

In fact, the modern decision maker is in a position to define their needs and inform themselves through digital information gathering. The sales person is therefore excluded from a majority of the sales process and is often only involved when it comes to discussing the price.

Studies carried out by the American research company, Forrester Research, show that the average customer can now carry out between 60 and 90 percent of the combined buying process themselves before having to contact a sales person. The modern decision maker can therefore make a lot of decisions on their own when it comes to choosing a solution and supplier.

So the roles have been reversed and now it is the customer who contacts the sales person when they are ready to continue with the buying process.

Also, the more goods that are designed to be put in an online shopping basket, the closer we are to the point where the customer can carry out the entire buying process without having to contact a sales person.

It is here that social selling and the new sales model come into play. These concepts put the customer and their challenges front and centre and provide inspiration as to how they can either resolve their challenges or find new opportunities that can help to develop or grow their business. It is also about creating commitment and actively engaging in a dialogue with customers on social media.

A classic mistake people make when implementing social selling into day-to-day sales and marketing efforts is that they post online content without there being thought and context behind it. Unfortunately, this means that any message you want to convey gets lost in the sheer volume of posts on LinkedIn and it means that you won’t stand out from the crowd – quite the opposite.

This is why you need to define your social selling strategy and tactics before you start. If you don’t have a strategy you won’t have a clear vision to follow and even worse, you could end up going down the wrong path.– perhaps even more quickly because now you think that you have to be visible on LinkedIn and have to post as much as you possibly can.

Therefore, you need to take some time and write down your plan, including your strategic goals for your presence on LinkedIn as well as what you need to do to support your strategy and tactics.

It is a good idea to ask yourself the following questions as part of your social selling strategy process:

  • Is it about increasing your visibility?
  • Is there a business sector that should be given greater priority?
  • Is there a need to educate the market about a certain technology, product or service?
  • Do you have a “why” that can be used proactively in your social selling communication?
  • Which communicative elements should you comment on on a regular basis?
  • Which profiles (decision makers, influencers and users) do you want to concentrate on?
  • Which social media platforms and content types will you need to use to connect with the profiles you have identified?
  • What do you and your company want to be known for a year or two from now?

It is a good idea to evaluate your social selling strategy and tactics every 3-6 months to ensure that you are focussed on your strategic goals and implement concrete efforts to reach these goals.

The five bullet points when it comes to social selling in practise:

  1. BE VISIBLE: You are only visible on LinkedIn if you regularly post blogs, articles, share links via your own LinkedIn profile and like and comment on other peoples posts and articles. If you aren’t visible, your target group may not notice you, your skills or your company.
  2. BE “LIKEABLE”: When you publish a post or write a LinkedIn article, it is important that it is relevant for and valuable to your target audience so that they want to read more from you. This means that sales messages, prices and offers are strictly forbidden, as people are not on LinkedIn to be sold to.
  3. BUILD TRUST: By being visible, providing inspiration and knowledge regarding your area of expertise and helping others with answers and solutions, you can begin to build trust within your LinkedIn network. It will also help with you being endorsed and recommended by others in your network.
  4. ESTABLISH RELATIONSHIPS: Find relevant decision makers and influencers who you want to start a dialogue with. Initially, it is all about creating a good relationship with potential customers, focussing on being helpful and getting to know the business and people, as well as understanding their role and what you can potentially help the business with.
  5. CREATE SALES: Once you have worked on being visible, posted content that your network feels is relevant and interesting, built trust in you as a professional and established a relationship with potential new customers, you can begin to work with specific sales efforts – setting up meetings etc.

Basically, it is all about being able to inspire customers so that they specifically choose your products and services. You can do this by helping them to resolve any challenges or issues they have via online content such as:

  • Posts.
  • Pictures.
  • Info graphics.
  • LinkedIn articles.
  • Blog posts from a company website.
  • Videos.
  • Podcasts.
  • Do-it-yourself guides.
  • Reports and analysis.
  • White papers.

In order to capture a customer’s interest in the best way possible, it is important that your social selling efforts are customer-centric. You can do this by understanding a customer’s actual issues – by understanding their situation and challenges, you can create a connection between them and your products and services, without having to talk directly about your products on LinkedIn.

Remember that your customers are far more interested in their own problems than in your products. So talk about their problems and have an objective discussion about how their problems can be resolved. In this way, you can exhibit real value to the customer.

When you work with social selling on a daily basis, it will typically be divided into two different forms:

  • “Under the radar”: You can use the messaging function on LinkedIn for a one-on-one dialogue with individual customers or potential customers. You communicate in a confidential environment, unseen by others.
  • “On the radar”: You post status updates and articles that are shown on your customers’ news stream and they can then follow your status.

This is also true when you use the “Like” button actively and when you comment on relevant updates on your news stream. This is how you can show your interest and that you have genuine expertise in your segment, as well as signalling that you are able to help your customers and network.

Social selling is also largely about personal branding as it highlights you and your expertise, so you have to be very conscious regarding your digital reputation and something I like to call your digital equity.

Your company and you as a person will be Googled by existing and prospective customers so you need to be visible on social media.

Therefore, you also have to think about your personal branding when it comes to social selling. You need to work on your personal brand and trademark and be aware of how you appear to your network.

You need to incorporate personal branding into your day-to-day social selling activities on LinkedIn and all of the other social media platforms you are active on.

When you work with social selling as part of your sales activities, you have to refrain from talking about pricing and sales campaigns. It is strictly forbidden! It basically creates “noise” within your personal LinkedIn network and will only serve to build bad will. You should really be working with “unselling”.

It is better to commit to the network mentality and focus on the social aspects and confidence building that go into creating business relationships on LinkedIn.

I have developed a model that illustrates how I think you should work with social selling on LinkedIn (primarily), but it can also be used on the many other social media platforms such as Facebook, Instagram and Twitter.

The model is called LLHI – Listen, Learn, Help, Inspire – meaning:

  • Listen: Actively listen and be interested in what is happening in your network. Show your commitment by liking, sharing and writing relevant comments.
  • Learn: Learn from the interesting and skilled people in your network – partly to gain knowledge and partly to learn what your network can help you with so that you know within which sectors and areas of expertise you can recommend others.
  • Help: Help your network when someone is looking for something such as a recommendation for an expert within a specific area, a location for an event or sparring regarding a problem or business opportunity.
  • Inspire: Inspire your network by sharing valuable knowledge. You can do this via relevant posts such as links to external articles, videos, podcasts, info graphics etc. You can also write LinkedIn articles where you share your expertise and provide your perspective on current business related challenges.

Skriv et svar

Din e-mailadresse vil ikke blive publiceret. Krævede felter er markeret med *