Monday 25 May 2015

Social Selling Tips – The Bitter Business

The sales and marketing buzzword word at the moment is “Social Selling”; where the sales process is now tapping into social media conversations and the impact of social networks in driving brand awareness or buyer consideration.  Most sales and marketing leaders would concur that the sales process has completely changed. Sales people need to adjust their skill set as tactics like cold calling has a low return for allot of effort so learning how to harnessing the power of selling via social media is important.
A social selling strategy should be about a genuine effort to share value and content prior to engaging in any sales conversations.  Social selling is not SPAM, too often the simplistic approach is for sales people to spam sales messages on Twitter, Facebook, on LinkedIn groups, or to a new connection  with a vanilla flavoured sales message and a self serving web link.  If you do this stop, as the moment anyone gets these messages, the brand loyalty and any trust gets flushed away. Connecting and building your social network just to SPAM them is NOT social selling.
The biggest social selling tip is to truly build value over time with your social network by sharing content that people find useful and helpful. In time when you personally message to a social tie to engage in a sales discussion your chances of a positive response will be greatly improved.
So a great social selling tip that will benefit all social marketers, sales people and businesses is to take the time every single day to do the following.  Connect to your social network community with news, images, videos, snippets of information. Another tip is to find ways to connect your network together (as this provides value) and offering to help others connect.  Pause a minute and think about this scenario. You see a message posted on LinkedIn that says, “Where could I find some inspiration for a presentation?”  Instead of posting of reply such as, I would be interested in this myself or have you tried PowerPoint? (True reply!).  Why not see if anyone in your network is a presentation expert or does allot of presentations that you could offer to put in touch with your connection that is looking for some presentation inspiration.  Act as a conduit, a connector who brings value by taking the time to listen and connect your social ties
social-selling-tips
Social Selling Steps. 
Step 1. Listen to and monitor social media conversations across several social networks to get a comprehensive view of what’s being said about your specific focus
Step 2. Start to identify interests, most liked news, influencers and prospects through the listening process
Step 3. Track your prospects. Review their posts, timelines and understand what they are interested in or saying.
Step 4. Share quality content (not just your own). Seek out some information of mutual interest, and then share. The information must be professional and relevant to them. You can also like or even re-tweet their content.
Step 5. Position yourself as an expert by sharing real insights and proven research you have gained in the industry or with working with customers
Step 6. Gradually become a valuable connection, one worth listening to. Once you have established yourself as a valuable connection, you can nurture and build a buyer/supplier relationship far more quickly.
These steps are the foundations of social selling, and too many marketing and sales  people forget that selling is all about firstly building relationships and secondly providing value.  Start now to implement these social selling steps and you will have set yourself to gradually drive more sales then cold calling can ever do.
Another social selling tip is to remember that selling is inherently social so social selling is nothing new. Rather look at social selling as a sales tool to help you sell more effectively that will evolve over time.
social-selling-tip
Continue reading here: Social Selling Tips – The Bitter Business

Friday 22 May 2015

Managing a Startup Business – The Bitter Business

Starting a business, any business is a brave step. But how do you manage a start-up business as well as find customers or put in place a customer acquisition strategy on tight or even zero budgets. Working with early stage and start-up companies I know first-hand how limited resources can be. The tendency for many small businesses is to focus on the product. They add in more and more features or take comfort in a well designed website or just even they talk about strategy rather than putting in place a plan to find and sell to customers so the business can getting on track to achieving  business success AKA revenue generation. The below list is some actionable business tactics to get your small business sales pipeline moving and put you on the track to success.
business-startup
Know your Target market – don’t try to sell to everyone
Product to marketing fit is critical to any business success however a business start-up should never try to be a great product to satisfy all buyers’ needs, this will simply not work as no one product will be for everyone. So step 1 is to try to focus in on one customer target group. It will make the business look more focused, knowledgeable, and professional plus it allows the business to channel its efforts into making one target group happy. The key now is to do a customer targeting exercise (figuring out who your customers are and what they want). I am not saying this is easy, especially if your business is new or you only have 1 or 2 beta customers. Brainstorm on what set of buyers or people who might need your product now by matching it back to what problem your product solves, this is sometimes called your USP- unique selling point or Value Wedge. Also check if it is a fluid market (low hanging fruit to be gathered) by doing some Google searches on related keywords. Balance the fact that you don’t want to define your target market so small or so tightly that it’s something people won’t search for. Think in terms of keywords, search terms or existing topics being discussed on forums or industry buzz.
Continue reading the full article here: Managing a Startup Business – The Bitter Business

Tuesday 19 May 2015

LinkedIn for Lead Generation – The Bitter Business

LinkedIn can be a powerful sales tool when used as part of lead generation and networking activities. As social selling and reaching social influencers becomes ever more important in raising awareness of a company, brand, product or service it is important to use LinkedIn effectively.
LinkedIn-lead-generation
However, before any lead generation can happen, it is important to build up your network and influence across the social groups on LinkedIn.  Every business, marketing and sales person should focus on 3 key actions.
  1. Give to receive: Share quality, relevant content and news from multiple sources.
  2. Behaviour: Buyers are well informed and knowledgeable so be genuine and insightful.
  3. Connecting: Invest time connecting to people you know plus customers, influencers etc.
Here is some pointers to maximize LinkedIn for lead generation:
Tip 1. Profile: Yes, it seems obvious that you need a profile but the point is you need a full profile (photo, career, articles, social pitch) that will support the lead generation activities, not just any profile mashed together.
Tip 2. Think of your profile as a commercial that clearly spells out “what you do”. So make sure you complete the entire profile (also state that you are open to connecting with people), you could also import your resume or CV.
Tip 3. Make sure maximize the section below your name by using keywords. Select keywords that promote your products or services. If a potential buyer is searching for someone to do “sales and marketing” they are more likely to find you than if you list your company name.
Tip 4. Spend time completing your work history, summary and employment sections (again using active keywords), highlight any accomplishments or achievements. This builds trust within the LinkedIn community.
Tip 5. On-line users can be very visual, so try to include Slideshare content, presentations or videos on your profile and not forgetting any articles you published on LinkedIn pulse. This builds authority.
Tip 6. Unless you are a major social influencer, it is best to keep your LinkedIn profile pretty open as you are using LinkedIn for lead generation, so the easier it is for “social ties” to connect with you, the better. This builds connections to business people and weaker social ties.
Build Relationships Steadily
The whole premises of using LinkedIn is to build  relationships with business colleagues, potential buyers, existing customers, business people you know and to build connections with weak ties via group participation
LinkedIn suggest this 5 step process for building effective relationships based on social media best practices:
Continue reading the full article here: LinkedIn for Lead Generation – The Bitter Business

Thursday 7 May 2015

Afraid of Being Sold To?

Why are so many business people and companies afraid of being sold to via social networks/. Is "No "a fearful word or "I have considered your proposal however we will stick with our current supplier" too big a step. I bet if Henry Ford was around in the digital area he would be rubbing his hands in glee plus if Henry Ford couldn't sell, we all would still be riding around on horses. LinkedIn, Twitter, Facebook and others are full of business and business people promoting their offerings, while on the other hand articles are being written on the sheer bottle of a sales person trying to connect with me as to sell me something.
Afraid of Being Sold To?
Yes, some sales people can be too overbearing or blunt when approaching what they believe to be a prospect. Also sales and marketing are guilty at times of not properly nurturing relationships, researching prospects or offering value in social conversations. The openness of social media and the internet has never made it easier for a salesperson, consumer, business, buyer or seller to search, research and being made aware of  brands and companies. 
This social openness can be viewed as a strength from a sellers point of view and maybe a hassle from a buyers point of view. However, most of us use social media in a personal capacity to sell ourselves (career, positions, achievements) or to build our network of connections (because you never know!!) and in a business capacity to sell our wares. What is good for the goose, is good for the gander.
The reality is social media has made it easier for a buyer to conduct product awareness and who from or what they would consider purchasing. So saying no when approached has never been easier. Is a fast, agile digital world social selling actuals benefits both the seller (they get to a no or yes quicker) and the buyer (as they can be made aware of products or services faster and easier) can engage or dismiss potential suppliers with less hassle. 
So let is not be afraid of being sold to, rather social media marketing is empowering as to what or who I will buy. Take the good with the bad, all part of the game we play out everyday on social media. 
Original article posted on LinkedIn.

Afraid of Being Sold To? | Brian O'Connell | LinkedIn

Tuesday 5 May 2015

Sales Consultant – The Bitter Business

The bitter business acts as a sales consultant providing sales as a service in the areas of business development, sales strategy; social selling and high level lead generation. Entrepreneurs and early stage companies have no shortage of ideas on products and solutions but may struggle with ramping up sales and customer acquisition. In today’s digital environment — social media, social selling, inbound marketing, lower cost of customer acquisition, driving web traffic —it can be difficult to pinpoint exactly what to do to raise the bar on generating sales revenue.
As a hands on sales consultant with real world experience in growing profitable businesses, The Bitter Business can help you plot and implement the paths that will lead to significant increases in sales revenue.
sales-business-growth
1 Goal – Help You Improve Sales Revenue
The first step is to get to know the ins and outs of your market sector, quickly grasping the dynamics in the market. Next step is to work with you to uncover the changes and actions required to see sales revenue improvement. Then working hands on, moving from recommendations to implementing the actions and activities to move the dial on sales and marketing.
While I may call myself a sales consultant, my work goes way beyond just providing analysis and plans to help a business improve its sales, I get actively involved with the sales and marketing strategy using the Smarketing approach but never forgetting that at heart I am a person who sells things to other people.
Sales Consulting Approach from “The Bitter Business”
Learn the Product or Service
Apart from quickly immersing myself in the product to market fit, I take the time to get to know the company, its vision and what it wants to achieve. Then it is about acquiring expertise in the product or service while becoming familiar with competitors, market approach, the buyers journey and industry dynamics.
Read the entire article here: Sales Consultant – The Bitter Business