Questions? Feedback? powered by Olark live chat software

The Golden Age of Social Lead Targeting Has Arrived Fully

In the beginning, you know about five years ago, some smart sales types discovered the awesome power of mining social networks for leads. In a way it was like the early prospectors digging around and bumping into gold with little more than an idea and some hard work staking claims. (This post I wrote in 2010 about mining Twitter for leads remains one of my most shared posts)

But now we’ve moved past the point of crude social lead digging to a much more elegant phase in which prospective clients can be discovered, scored and nurtured using social networks and everyday relationship building tools.

In fact, the practice has become so accepted it now has several names – social selling and social lead targeting. (By the way I’ve curated a list of CRM tools at the bottom of this post that you might want to check out.)

As services such as LinkedIn, Facebook and Twitter grow in importance so too have the tools that mine the rich set of sales data left in every interaction.

But, the big breakthrough in social selling occurred, in my opinion, when tools that mined social data started talking to each other.

No longer do we need the mammoth do everything in one enterprise type tools to compete. A lone salesperson with a Hootsuite and Nimble account and about $20 a month can become a social lead targeting ninja.

Now, I’m not saying that some of those more expensive and more complicated tools aren’t awesome. Heck, if you’ve got the budget, full-time IT support and someone to pull the levers and adjust the mirrors, go for it!

But, if that’s not you, let me ask you this.

Would it be helpful if you could easily find people searching for your products on, say, Twitter?

Okay, no magic there, anybody with a little Twitter search mojo has been able to do that for years now, but . . .

  • What if you could also instantly know everything those people are doing on other social networks?
  • Who they are, who they are connected to and how to contact them in several channels?
  • What if you could easily create a contact record that unified all of your communication with them?
  • What if you could then start to track what they did on your website and how they reacted to your emails?

First off, you can easily do all of this and more with little or no tech support for less than $100 a month.

Do you think that could make you a better sales person?

I’ve only mentioned Twitter so far, but you can do the same kind of discovery and targeting on Facebook, LinkedIn and Google+ as well with the right tool set up and integration.

And building targeted lists is only one way to look at what I’m talking about. You can also build a connected network of your customers, share targeted insights and facilitate engagement and partnerships better when you adopt this kind of targeting mindset.

FirefoxScreenSnapz027

Here I’ve used Hootsuite to find someone on Twitter that I want to connect with, so with one click I’ll add them to Nimble for a complete picture and connection record for future engagement.

The key piece of the puzzle is integration. Hootsuite is a great tool, but integrated with Nimble, it’s a power tool.

I can easily build a list in Twitter based on search criteria and then with one click add selected list members to the Nimble CRM tool for a complete picture of the prospect along with unified messaging. So, now if I reach out to that prospect by way of a subtle connection tweet, Nimble captures our entire conversation, shows me the prospect’s social stream and their key connections in one screen.

As much as I’ve grown to appreciate the power of a true social CRM tool, integrating it with a lead tracking and capture tool like Hubspot further allows me to score the interest of my leads and keep an entire record, not only of my direct interactions, but also their interactions with my content and landing pages.

Integration is also what allows most CRM tools to talk to most email service providers.

I’ve written previously about a specialty service called Zapier that allows you to create your own integrations where none exists. For example, you might want to create special record in Nimble when someone buys something through your 3rd party shopping cart – no problem, create a Zapier integration and get busy with better follow-up.

Social is not so much a channel as it is a behavior that allows for much richer listening, targeting, nurturing, learning and converting. The key is to bake social data and signals into your entire prospecting and sales process as a mindset using tools that put this vital set of data at your fingertips.

The real skill then becomes using this information to add value!

I’ve added a list of CRM tools and hope you’ll share your thoughts and insights.

CRM Tools

CRM Tools

List of best CRM tools for small business marketing.

    • crowd rank
    • curated
    • alpha
    • newest
    • queue
    1. Nimble

      Nimble

      Nimble is the only solution to offer small businesses the best features of high-end CRM systems combined with the power of social media.

    2. Infusionsoft - Small Business CRM | Marketing Software for Small Business

      Infusionsoft - Small Business CRM | Marketing Software for Small Business

      The ONLY all-in-one sales and marketing software built for small business. We've built everything you need-CRM, e-commerce, social media and email marketing-into a single, powerful system that automatically converts leads into new customers and grows sales from existing ones. So you can focus on your business or your life. Or both.

    3. Batchbook - Social CRM for Small Business

      Batchbook - Social CRM for Small Business

      Batchbook is your small business social CRM solution. Build meaningful relationships with customers with our easy to use tool.

    4. Sage ACT! Communication Preference Center

      Sage ACT! Communication Preference Center

      Important Note: For Sage Connected Services for ACT!: The mobile component of Sage ACT! Connect requires an active data plan. You are responsible for all data related charges to your mobile phone. To facilitate mobile setup, Sage ACT! Connect sends a text message to your mobile phone.

    5. Zoho - CRM Software, Customer Relationship Management

      Zoho - CRM Software, Customer Relationship Management

      Complete, award-winning solution Zoho CRM offers all the CRM modules and tools you need to run your Sales & Marketing. Unbeatable value As in FREE for up to three users. And our Professional Edition is only $12/month per user. No strings, no hidden fees. Pay as you go We don't lock you into any long-term contracts.

    6. InTouch CRM: small business marketing software, email newsletters - 30 day free trial

      InTouch CRM: small business marketing software, email newsletters - 30 day free trial

      Fully-featured small business CRM system including email and SMS marketing, social media management and all the tools you need to track client meetings, tasks and invoicing.

    7. Sugar CRM - CRM Software & Online Customer Relationship Management

      Sugar CRM - CRM Software & Online Customer Relationship Management

      Manage your sales, marketing, and customer support better with SugarCRM's online CRM software. Take a free trial.

    8. SalesForce - CRM and Cloud Computing To Grow Your Business

      SalesForce - CRM and Cloud Computing To Grow Your Business

      CRM solutions help ensure that your sales, marketing, and support efforts are all working toward a common goal, so you can take your business success to a whole new level.

    9. Highrise: Small Business CRM, Web-Based Contact Manager

      Highrise: Small Business CRM, Web-Based Contact Manager

      Highrise CRM helps you manage your contacts, keep track of who said what when, schedule follow-ups, set reminders, and convert leads into done deals.

    10. Microsoft Dynamics | Dynamic Business | Engage Your Customers | Manage Your Business

      Microsoft Dynamics | Dynamic Business | Engage Your Customers | Manage Your Business

      Unlock the potential in your people with Microsoft Business Solutions

    View more lists from John Jantsch

    How to Sell More by Focusing On Less

    Today’s guest post is from Sean D’Souza. – Enjoy!

    rarefind

    Image Credit: Sean D’Souza

    I remember flying to Pittsburgh in the year 2004.

    It was a 7am presentation in front of about 40 people who I didn’t know. And who didn’t know me, either. And by the time the presentation was done at 7:45am, I asked the crowd a simple question.

    “How many of you would like to buy this product?”

    And over 50% of the hands in the room went up. Which, by the way, wasn’t the most interesting part. The most interesting part was that I hadn’t told them much about the product, or the price, or the delivery. So why were so many of those in the room willing to buy the product?

    The answer lies in a discussion I had early in my career with an amazing salesman

    I was new to sales and marketing back in the early 2000s. And I ran into this multi-millionaire called Brian Tracy. And his advice on sales was the best definition of sales I’ve ever heard. He said: Sales is a transfer of enthusiasm from one person to another.

    Oh darn, so that’s what was happening — enthusiasm was being transferred!

    Indeed, I’d made a good presentation. Yes, the content was very interesting and useful. But it’s the enthusiasm that caused people to brush aside the rest of the details and make a decision to buy the product.

    But it’s one thing to say “be enthusiastic” and quite another to do it. So how do you create enthusiasm?

    The answer lies in a concept called “isolation”. It doesn’t matter if you are selling offline or online, you can’t be enthusiastic if you’re bogged down with seven hundred features and benefits. So instead you isolate just one. Just like Steve Jobs did when he presented the MacBook Air. Instead of simply rattling off every feature, the drama was centered on just one thing: the fact that the MacBook Air was so thin, it could fit in an envelope.

    The BBC presenter, David Attenborough, creates this same moment of enthusiasm

    There he is, standing in the middle of the forest, surrounded by thousands of trees,  bushes, insects chattering endlessly and what does he do? He drops to his knees and he shows you a flower. And then his eyes light up as he goes into detail about that flower, while ignoring everything else around him. What he’s doing is zapping that enthusiasm right into you, but he does so by creating isolation first—and then getting his message across.

    Enthusiasm doesn’t mean you have to be loud or boisterous

    The best sales people aren’t those who get in your face. Enthusiasm means you feel very strongly about that one feature of the product. So much so, that you’re willing to drive home that point in detail. And if you’re exciting enough, the audience feels this surge of excitement. Yes, your product has a ton of features, but they want that one feature, and they’re willing to raise their hands for it.

    This method of sales can be done both online and offline

    Offline, you drive home the point in person by demonstrating or showing a particular feature. Similarly, online you pick that one feature and drive it home using more pictures, more explanations, thus isolating the importance.

    Sales is a transfer of enthusiasm from one person to another.

    To feel that enthusiasm you need to isolate one feature of the product that’s extremely exciting to you.  You then transfer this enthusiasm to your audience.  And then, like the Pittsburgh audience, watch as their eyes light up and their hands go up.

    Yup, just like that.

    sean_croppedSean D’Souza is the author of  The Brain Audit—Why Customers Buy And Why They Don’t.  To read more articles by Sean, and get a very useful free report on “Why Do Most Headlines Fail?”  go to http://www.psychotactics.com/

    7 Obligations of the New Sales Manager

    Marketing podcast with Matthew Dixon

    Sales Coach

    photo credit: Niccolò Caranti via photopin cc

    I’ve been spending some time writing about how the job of sales has changed dramatically over the last few years. In recent posts I outlined what I called the Disciplines of the New Sales Professional and followed that up with the Practices of the New Sales Professional.

    Well, guess who else has to adapt to the new world order. That’s right, the job of an effective Sales Manager has changed radically as well.

    If we are to liken the job of the new Sales Professional to something more like a Sales Guide, as I have, then too the Sales Manager must take on the expression of something much more like a Sales Coach.

    If an organization is to have any chance of bringing sales and marketing onto the page where collaboration and engagement impacts the buying process a sales coach mentality must be in place.

    It doesn’t matter if you’re the owner or the VP of Sales, if you want to get the most from the model of a sales guide, you’re obligated to build a culture that makes it safe and productive for every member of your sales team to practice marketing to meet sales objectives.

    Like any good coach, you need a game plan and it must address your current culture and help steer your business away from traditional sales strategies and tactics. The following seven elements must be considered standard operating practices for the new sales coach.

    1) Change the channel

    Make an assessment of your current sales channel. How was your sales process, assuming there is one, built? How much input did your sales team have in building the process, determining how compensation is measured, crafting what an ideal lead looks like? If you are going to lead your current sales team into a world of inbound marketing you’ve got tear some things down, build some things up and make sure everyone realizes they are going to experience new freedom, new expectations, new accountability, new responsibility and a totally new way of viewing the function of sales. There’s a very interesting organizational development theory called Appreciative Inquiry (AI) that would make for an appealing approach here.

    2) Bridge the gap

    As stated at the outset of this post the Sales Coach is the bridge builder charged with closing the gap between the marketing and sales functions. One of the best ways to do this is to get them to understand and talk to each other. Now I know that sounds rather simplistic, but it’s how you do this that will make a difference. Instead of holding quarterly meetings where each side says what they are doing to support the other, break your marketing, sales, support and service teams into small units and compel them to go to work on segments or accounts as self managed teams. Assign team leaders and rotate each member through the role of leader every 60 or 90 days and watch how autonomy creates teamwork. You may, in your role of coach, need to guide them in productive ways, but this is how you create communication and innovation and you just might find that this changes your entire business model.

    The Challenger SaleIn this week’s episode of the Duct Tape Marketing Podcast I visit with Matthew Dixon, executive director with CEB’s sales and marketing practice co author of The Challenger Sale: Taking Control of the Customer Conversation. Dixon’s work is a great addition to the conversation about the changing role of the sales professional and the sales manager.

    3) Find your method

    As the coach you need your team to buy into your system. In order to do this you’ve got to create a sales process or methodology that allows them succeed while differentiating their efforts from the rest of the market. Think of this group as a community. As I’ve said many times, people don’t join directives or training, they join methods, unique points of view and processes surrounded with branding. Create a common language your team can share with each other and customers. Quite often your success model exists in the self-created process of one or two of your best sales people, go find it.

    4) Swallow the whistle

    The Sales Coach has to teach the system, but they also have to adapt the system to the special needs of each team member. You must create the eight week training program that teaches each sales guide how to listen online, identify ideal prospects, create warm leads, find problems, build a content platform, get to a podium and increase influence and authority in the market, but you’ll also need to build a routine that helps them get better results. A good coach cements the mindset of the organization, protects the culture and teaches critical thinking skills. To do this you must create a systematic way to assess progress based on their unique abilities and provide coaching based on improving their strengths instead of meeting cold call quotas.

    5) Hire freaks

    If we are to accept that the role of the sales person and the various implications of strategic thinking, problem finding and content creation that goes with it have changed, it can’t be much of a stretch to suggest the make up of the prototypical star sales person has changed as well. Dexterity, empathy, pattern recognition and a whole host of technology wrangling should have organizations opening up what a Sales Guide looks like. In Re-imagine! Tom Peters famously suggested that companies should “hire freaks” and “fire all male salespeople” as a way of highlighting just how stuck in ruts most companies are.

    “Freaks keep us from falling into ruts. (If we listen to them.) (We seldom listen to them.) (Which is why most of us—and our organizations—are in ruts. Make that chasms.)” – Tom Peters, Re-Imagine!

    So, what does your rut look like when it comes to hiring salespeople?

    6) Manage automation

    Marketing automation can be downright abusive these days. Companies use it to theoretically get more sales, with less effort, faster. The fact is, most actually use it to close off any chance that a salesperson might do better if left to develop leads that fit a not so presorted and scored purchase path. By the time a lead has made it through most people’s automation funnel they are simply shopping for the best price. Automation must be employed to let a sales person be more productive now that you should be asking them to do more teaching, listening, speaking and writing.

    7) Measure strength

    The best coaches know how to measure success based on the individual team member. Going fully with the sports metaphor, one player may need to work on offense while another must develop defensive skills. As a coach you can’t measure all on the same path, but you must be a nut about measuring everything. The one only way to develop honest measurement, the kind you can base compensation on, is to instill a culture of transparency. Everyone in the organization must know the critical indicators and what they mean. Every sales person, or self-managed team described above, should know what their contribution costs and returns. The entire team must come to think and act like owners, with full knowledge of profit and loss, in order to build an environment where everyone knows how to win.

    Lots of work here to be sure and perhaps maybe a strong evaluation of the skill set required as an owner and certainly as a VP of Sales.

    The 7 Essential Practices of the New Sales Professional

    Sales Practices

    photo credit: Official GDC via photopin cc

    Last week I wrote about what I called the Disciplines of the New Sales Professional. What I was describing more than anything was a mindset shift or maybe even the strategic approach to sales that must exist these days.

    What I want to address today are the practices, some not always associated with sales jobs, required to excel in the new sales environment.

    If last week’s post was the strategy, this is the tactics. These are the skills that sales professionals will need to acquire and that organizations need to support, train and look for in their sales teams.

    1) Create a platform

    It’s no longer enough to be a part of the brand; today’s salesperson needs to take charge of his or her own platform. This means creating an online presence that includes content, SEO, email marketing, social media and maybe even awareness advertising. These are the building blocks for creating an online reputation and community and moves beyond simply completing network profiles.

    2) Become an authority

    One of the most important ways to shift the context of the sales job is to build an expertise and reputation for sharing useful information. This is how you start the process of being invited to share your ideas before your competition knows there is an opportunity. You do this by authoring educational articles, speaking at industry and community events and even facilitating things like Google+ Hangout discussions among customers and prospects.

    3) Mine networks

    The new suite of online tools make it much easier to listen to entire markets and drill down and discover invaluable intelligence such as what people lack, who they report to, and what their objectives for the year are. Sales people must get very good at listening for clues and mining networks to create interdepartmental relationships and to connect the dots between who needs help and who they can help.

    4) Build problems

    Prospects have gotten very good at figuring out solutions to the problems they’ve identified due in large part to access to unprecedented amounts of data and information available online. Today’s sales professional has to get good at understanding and building cases for problems that the market doesn’t yet know exist. This is a skill that comes from helping customers think bigger about what’s possible first and foremost.

    5) Finish the sale

    I’ve always contended that a sale is not a sale until the customer receives a result. This mindset means that you have to get involved in the experience, before, during and after the commitment or sales is made. Staying connected in this manner is also how you get more referrals and better understand the needs of a client going forward.

    6) Measure results

    It’s amazing how much more convincing someone is when they truly believe in something. I’ve found that salespeople who have trouble asking for referrals or making sales in general often don’t fully understand or believe in the value their products and service deliver. When you help your client determine and understand the ultimate results they derive, after the sale, you gain a measure of poster that moves beyond confidence and into something more like certainty.

    7) Balance energy

    Time management is almost passé in a conversation about these new tactics. Traditional sales tactics amounted to pounding the phones and tracking numbers. Obviously, many of the practices I’ve deemed essential will need to draw from areas that have not always been considered selling activities. Today’s sales professional has to make space for strategies and tactics, for time and energy needed to focus on publishing, speaking and serving clients. This requires and new way of thinking about how time and energy is allocated and it takes a great deal of stamina.

    There’s no question that what I’m describing is going to require a new view of the role of a sales professional. This view will require that organizations hire differently, train differently and measure differently in order to change the context of selling internally and externally.

    This view will require marketing departments that enable sales teams to act a lot more like marketers.

    Has the Internet Made the Salesperson an Unnecessary Cost

    First off, one answer to the question posed in the title of this post is, it depends. The Internet has certainly turned the traditional act of selling solutions into a commodity act.

    photo credit: Paul Mayne via photo pin cc

    See, there was a time when a salesperson’s job was to find out what the prospect lacked and provide solutions, or at least information that led to a solution. But, the Internet changed that job dramatically.

    If you’re still trying to sell solutions to a customer that has access to every possible bit of data and the ability to create their own solutions based on virtual reams of information from around the world, you’re essentially doomed to selling on price or, worse, providing a negotiating chip to acquire the lowest price – in other words, you’ve become a commodity.

    So, to return to the answer to the question posed in the title of this post. If, however, you’ve come to realize that the salesperson’s job is to find and create opportunities, change how people view what they might buy from you, teach your expertise and facilitate discussion of industry trends and challenges the answer the question posed in the title is most definitely no.

    My take on the difference between sales and marketing has always been that marketing’s job was to own the message and the job of the sales professional was to own the relationship.

    Today the meaning and delivery of the notion of message has changed. Marketers no longer have control of how the message is consumed, packaged and heard.

    Today, the meaning and nurturing of the notion of relationship has changed. Salespeople have an entirely new set of tools to mine, build, nurture and convert leads and are no longer tied to relationship built on location.

    In many ways a salesperson’s view could be this – sales is the new marketing and marketing is the new sales support.

    Salespeople that understand this can control their own destiny while delivering superstar results for any company and creating more value for any customer.

    • Today’s marketing minded salesperson creates their own ideal customer opportunities.
    • Today’s marketing minded salesperson differentiates by upending the buying process and injecting a new way of thinking.
    • Today’s marketing minded salesperson thinks like a publisher and builds their own expertise by sharing and crafting a platform.
    • Today’s marketing minded salesperson teaches the market how to get more of what they desire, no matter if it’s related strictly to what they sell.
    • Today’s marketing minded salesperson facilitates community and peer discussion between customers and partners.

    This dramatic change in the role of an effective salesperson won’t be embraced by all for many years, which makes now the precise time for any salesperson to embrace this new way of thinking and get out of the commodity business.