August, 2009
The Buzz and Strategies of LinkedIn Discussions, webinars, and news articles about business-related social media are everywhere. These sites are an effective way to expand reach and generate quality leads and are gaining popularity for those purposes. Social media and viral
video have seen dramatic growth among b-to-b marketers, and virtually
all forms of newer media are now valued by these marketers as demand
generation channels, according to an exclusive survey of b-to-b and
b-to-c marketing professionals by BtoB and the Association of National
Advertisers. Asked
about specific social media networks they currently use, an
overwhelming 81% of b-to-b marketers cited LinkedIn, compared with just
25% of the b-to-c marketers. Interestingly, microblogging service
Twitter ranked higher among b-to-b (70%) than b-to-c (46%) respondents.
Facebook is the most-used social media site overall (74%), and enjoys
high use among b-to-b marketers (60%).
LinkedIn is the Facebook of business networking.
With more than 40,000,000 users, it is almost
imperative to be linked into this network.
When a connection is made on LinkedIn, both
connectors must agree to that connection. So, if
someone has 200 connections on LinkedIn, he has at
least that many people that are willing to establish
a business connection with him. Any connection
can dissolve another connection at any time, without
notice or notification. To maintain connections, it
is important to communicate with those connections
and to share in "give and take" situations; a
one-sided connection (one connection is constantly
seeking something from the other, without
reciprocation) will probably get dissolved
eventually.
A LinkedIn profile becomes a form of branding for
those members who work the system properly. LinkedIn
profiles will often find their way to the top of
Google searches, so a well-crafted profile is
important, and should be monitored.
Build an attractive profile-
Build
your page like a resume, it is an extension of you
-
Make
it attractive, use a professional photo of yourself
- Research
shows that a professional photo makes contact success 5 times more likely
-
Use
an interesting tagline that provokes thought
-
Check your spelling and facts
Build your network-
Linkedin
allows you to upload your address book and will search for your contacts that
are already members.
-
Send
an invite to all your contacts
-
Join
ten groups
- There
are groups of all types; i.e. professional, hobby, special interest,
focus groups, industry specific etc.
- Look
at the groups your contacts belong to
- Joining under a personal name rather than company name helps avoid the temptation to simply
push company marketing into a community discussion group.
- Look
for industries you would like to break into
Make more contacts!- Remember
that you can not contact some one you do not know directly
- This
is why it is important to get involved with groups that have professionals with
similar interests. You CAN contact
them if you belong to the same group.
-
By
connecting through a group you can open many doors
-
Search
for new people that you meet in other venues and connect to them
-
Search
for other people at your current contacts' companies to deepen your reach
within a company. Get to know
them.
Implement Linkedin Strategy
- Successful
networking in LinkedIn takes diligence
-
Plan
on spending 30 minutes a night reviewing your contacts, your profile, making
updates as often as possible, taking interest in the groups you have joined
-
Recommend
people that you have successfully worked with. They will in turn recommend you.
-
Invite others and ask them to look at your
profile and make suggestions
Make the most of LinkedIn and use it as a research tool to determine customers' and prospects' interest. By following their online discussions, seeing what kinds of questions they post and what's on their minds, you'll keep your finger on the pulse of your market.
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Following Up On Customers What
is the BIGGEST mistake made in marketing? This mistake is made by 99%
of the companies marketing products or services... The biggest mistake
in marketing - and not just direct marketing, but any marketing - is
made by people who spend a lot of time, energy, and money on an ad or
an inquiry-generation program. When they receive the highly qualified
lead it brings in, they send a brochure and a letter. At best, they
call about a week later. When a sale is not immediate, they hang up,
and they never call back or send another letter. They assume their
campaign failed. What a mistake. A single letter and brochure is not a
campaign. A campaign is not a single effort of anything - why do you
think they call it a campaign? A campaign is a sustained effort over
time.... The biggest mistake made in marketing is not contacting a
well-qualified buyer, who has expressed an interest in your product or
service after the first mailing, a second time with harder-hitting
additional marketing material or letters. (Taken from Uncommon Marketing Techniques by Jeffrey Dobkin)
Break Your Competitor's Grip You've
probably run into prospects who are so comfortable with your competitor
and his products that they won't even consider making a switch. In your
presentation to the prospect lump your product or service together with
the competition's. Show them working well together. Then introduce a
problem that your product and service can solve, using an exclusive
feature that your competition does not offer. In this simple way you
put your product on equal ground with your prospect's current supplier
without resorting to "badmouthing." Indeed, you may actually comment on
how well the prospects current supplier does certain things. But by
introducing a problem that the competition can't solve, you move your
products above and beyond the rest and break your competitor's grip. (Taken from Psychology For Successful Selling by Robert Degroot)
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