getting a competitive advantage through social selling | #scon11 @sugarcon

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Driving Sales Productivity With InsideView Ralf VonSosen, Vice President of Marketing Koka Sexton, Director of Social Marketing

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Page 1: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

Driving Sales Productivity With InsideView

Ralf VonSosen, Vice President of MarketingKoka Sexton, Director of Social Marketing

Page 2: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

Agenda

• Social Selling Intro

• Social Selling Basics for a Competitive Advantage

• InsideView Overview

• Success Stories

• Q&A

SLIDE :2

Page 3: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

How Social Selling fits into the Social Landscape

| SLIDE :3

Marketing Sales Service

Acquire Influencers

Publish Content

Engage in Communities

CommunityMonitor & Analyze

Target Market and Market Segments

Individual Prospects and Customers

Social Activities

Page 4: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

How Social Selling fits into the Social Landscape

| SLIDE :4

Find & QualifyLeads

Engage & DriveOpportunities

Renew & UpsellCustomers

Find & QualifyLeads

Engage & DriveOpportunities

Renew & UpsellCustomers

Marketing Sales Service

Acquire Influencers

Publish Content

Engage in Communities

CommunityMonitor & Analyze

Target Market and Market Segments

Individual Prospects and Customers

Social Activities

Page 5: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

3 Changes Driving a New Social Selling Process

| SLIDE :5

3. All Remote2. Customer 2.01. BIG Data

Find & QualifyLeads

Engage & DriveOpportunities

Renew & UpsellCustomers

| SLIDE :5

Find & QualifyLeads

Engage & DriveOpportunities

Renew & UpsellCustomers

How do I adjust ?

Page 6: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

Intelligence to Discover Opportunities & Engage People.

| SLIDE :6

Find & QualifyLeads

Engage & DriveOpportunities

Renew & UpsellCustomers

News Social Media ConnectionsCompany Info

Page 7: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

No Tools Sales Data Sales Intelligence40%

42%

44%

46%

48%

50%

52%

43.4%

45.9%

50.8%

Win Rates (2,000 Companies Studied)

Assuming $1M Quota, Intelligence vs. Data => 11% Revenue improvement

Social Selling: Proven ResultsData vs. Intelligence – significant impact

Page 8: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

SOCIAL SELLING BASICSA Competitive Advantage

| SLIDE :8

Page 9: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

Overview

• Social Media is relevant in B2B sales• Why sales needs to use social media• Sales Intelligence & Social Selling

| SLIDE :9

Page 10: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

Customer 2.0 has tuned out all of your yelling

by Orange_Beard

Page 11: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

“Social media has become massively more important because customers have stopped listening to vendors and analyst/reviewers. Think about that. Most of your marketing and analyst

relations and press relations are being trumped by customers talking to customers.”

Geoffrey James, BNET

| SLIDE :11

Customer 1.0 Customer 2.0

Customer Behavior has changed!

Page 12: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

Look for the Sales Triggers

SLIDE :12

Page 13: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

500 million connect their social graphs in Facebook

140 Million Tweets per Day

YouTube celebrates 2 billion daily views

100 million users on LinkedIn

Social Media by the numbers

Page 14: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

SLIDE :14

When you can spot an opportunity while it’s still a blip, you have the knowledge to act.

Page 15: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

“Social media has become massively more important because customers have stopped listening to vendors and analyst/reviewers. Think about that. Most of your marketing and analyst

relations and press relations are being trumped by customers talking to customers.”

Geoffrey James, BNET

| SLIDE :15

Sales 1.0 Sales 2.0

Social media empowers sales people!

1876 1982

Page 16: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

Your Customers are talking to each other if you like it or not!

| SLIDE :16

Page 17: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

time

leve

l of

bu

yer

act

ivit

y

“I’m just downloading

stuff”

“We have a project” “We’ve

made a decision”

“I’m just browsing”

“We’ve shortlisted vendors”

awareness consideration purchase

online

“70% of the B2B buying process happens online”SiriusDecisions Inc.

Page 18: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

Engagement is appreciated

Page 19: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

SLIDE :19

There are 7 Times more web pages on the internet than people on the planet.

Page 20: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

Sales Intelligence, built for sales

20

 BusiessWeek

Page 21: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

INSIDEVIEW SOLUTIONWhat does InsideView do?

| SLIDE :21

Page 22: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

How does InsideView do it? Create Intelligence from Data.

DELIVERY

BROWSER MOBILE

INTELLIGENCE

Trigger Event Analysis Connection Analysis

Entity TriangulationNatural Language Processing & Information Extraction

AGGREGATIONEditorial Content Social Network

ContentSemi-structuredWeb Content

News SECJobsBlogs

CompanyContent WebsitesBlogs

User GeneratedContent

Page 23: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

How does InsideView do it? User Friendly.

| SLIDE :23

BROWSER

MOBILE

CRM

TRADITIONAL MEDIA:Company & Contact Data, News, etc.

SOCIAL NETWORKS:LinkedIn, Facebook, Twitter, Blogs, etc.

Insi

deV

iew

Discover Opportunities. Engage People. Accelerate Sales.

Page 24: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

Identify Targets & Create Lists

| SLIDE :24

Page 25: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

Monitor Contacts & Companies. Triggers.

| SLIDE :25

Page 26: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

Smart Connections

| SLIDE :26

Page 27: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

Identify Connections & Profiles

| SLIDE :27

Page 28: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

Company Profiles

| SLIDE :28

Page 29: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

CRM Integration

| SLIDE :29

Page 30: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

INTELLIGENCE

DATA

Social Selling Essential #1: Data vs. Intelligence

Page 31: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

DATA

INTELLIGENCE

Social Selling Essential #1: Data vs. Intelligence

Page 32: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

Impacting the Entire Customer Relationship for great ROI

LeadGeneration

LeadQualification

OpportunityManagement

CustomerRenewals/Upsells

I N T E L L I G E N C E

•Business Event Monitoring (Press, Social Media)•Social Media Profiles•Connection Mapping

50% decrease in research time

22->70 New Opportunities/Rep/Month

Improved selling to C-level

Increase Avg. Contract Value by 460%

Page 33: Getting a Competitive Advantage through Social Selling | #scon11 @sugarcon

THANK YOU

Email: [email protected]: @insideview