by Fronetics | Jul 7, 2015 | Blog, Marketing, Social Media, Strategy
With LinkedIn claiming the top spot for social networking professionals, there’s a good chance you already access the social network regularly. But what you might be missing on LinkedIn could be the key to unlocking more business opportunities.
Allow me to explain. There’s been a lot of talk about the impact social media is having on business sales. And for good reason – last year, the total amount of sales that could be tracked to social networks hit $3.30 billion, up 26% from 2013’s $2.62 billion. A growing number of companies are realizing there’s more opportunity than ever to use social platforms as lead generation and prospecting tools. When it comes to LinkedIn, reports suggest that users who command a deeper understanding of the social network’s capabilities reap far greater benefits than those that still view LinkedIn primarily as a job search tool.
One of LinkedIn’s best features for driving new business leads and opportunities is LinkedIn Groups. LinkedIn describes their Group feature as a “place for professionals in the same industry or with similar interests to share content, find answers, post and view jobs, make business contacts, and establish themselves as industry experts.” Essentially, it’s an online community where you can connect with industry peers and like-minded professionals (read: prospects and leads).
Never tried Groups before? Here’s a quick guide to get you up and running so you can start prospecting and finding leads today. As a prerequisite, you should already have an active LinkedIn account. If you don’t, start here.
Find Groups
To start, let’s take Groups out for a spin. From the homepage, navigate to the search bar at the top and click on the tab directly to the left on it. Drag down to “Groups”, then, type in a subject you’re interested in (e.g., marketing, sales, baking, etc.). You might notice that when you do a search, LinkedIn also provides suggestions not only on “Groups” but in several other categories such as “Connections,” “Companies,” “Features” and “Skills.” Once you’ve used your keyword to narrow your search, find a group that best matches what you’re looking for.
Cast a Wide Net
Once you’ve selected your group, join it. You may have to request membership approval if it is a private group. While there’s no limit to the amount of groups you can join, the sweet spot for lead generation is to join groups that are outside your industry or function that might help you grow your business. If you’re a small (and growing) 3PL, for example, don’t just industry groups, expand your network by joining groups for entrepreneurs and small business owners.
Commit to Building Your Network
Set aside some time each week to connect with five current or former business colleagues. LinkedIn makes it easy by providing suggestions based on your current connections and places of employment. More connections equal more opportunities for discussion about your company’s products and services.
Answer like a Pro
Use the Answers section within your groups as a place to showcase your expertise. Set a goal to answer at least two questions per week. After actively participating in a group for at least two weeks, start your own discussion within the group. Engaging industry peers in a rich dialogue is a great way to build trust and confidence among members of your new group. Turning your question and answering activity into leads is a long-term strategy, but one that can prove successful as people will begin to look at you as an expert and leader in your industry.
Practice Consistency
The key to generating leads via LinkedIn is consistency. Steady participation in your groups is the secret is to building relationships that will pay off in the end. Take some time to determine what’s working in your strategy and refocus your efforts as necessary, but always, always be consistent in your participation. In the end, it’s your activity that is going to set you apart from the competition and establish your expertise.
In a recent survey of sales professionals, most reported they were unfamiliar with LinkedIn’s full capabilities, but in the same survey, a little more than a third of respondents reported generating new business opportunities and revenue gains from their use of LinkedIn. It’s clear that the social network holds opportunity for those that recognize – and leverage – the network’s full capabilities.
Fronetics Strategic Advisors is a leading management consulting firm. Our firm works with companies to identify and execute strategies for growth and value creation.
Whether it is a wholesale food distributor seeking guidance on how to define and execute corporate strategy; a telematics firm needing high quality content on a consistent basis; a real estate firm looking for a marketing partner; or a supply chain firm in need of interim management, our clients rely on Fronetics to help them navigate through critical junctures, meet their toughest challenges, and take advantage of opportunities. We deliver high-impact results.
We advise and work with companies on their most critical issues and opportunities: strategy, marketing, organization, talent acquisition, performance management, and M&A support.
We have deep expertise and a proven track record in a broad range of industries including: supply chain, real estate, software, and logistics.
by Fronetics | Jun 4, 2015 | Blog, Marketing, Social Media, Strategy
When thinking about where to focus your company’s social media presence, look at the numbers. LinkedIn generates 80% of B2B social media leads, more than Facebook, Twitter, and Google+ combined. A 2013 study conducted by Demo and CEO.com shared that “LinkedIn remains the one social media platform that is actually more popular with CEOs than the general public.” Why are company higher-ups turning to LinkedIn, the top professional social media platform?
LinkedIn currently has more than 350 million users, from over 200 countries and territories, and sees 2 new members added each second. A good amount of people, 40%, check LinkedIn daily. With these impressive numbers and LinkedIn’s goal of reaching 3 billion users, a company profile is bound to get traffic, especially if the company is utilizing the publishing format to share ideas and situate itself as a leading voice in the industry.
Your own employees, current and former, most likely have their own LinkedIn profile. They list their education, and of course, their work history. If your company does not have a LinkedIn page, there will be no logo to click on, no link, no exposure for you, and perhaps a loss of credibility. In today’s tech-savvy world, being engaged in social media platforms has come to be the norm for individuals and companies. People spend 1.72 hours on social media a day; let them find you easily during that time.
Leads:
With LinkedIn being the top social media site to generate leads, why not highlight your company there? Unlike Facebook, you have the ability to see who is looking at your company’s profile, and now, with LinkedIn’s newest analytics service, users can see who has been viewing their posts. Users can also see how many people liked and shared a post, and see more detail into demographics such as viewers’ industry, location, and job titles. By understanding who is looking at your company’s page or posts, you can see which demographic you’re reaching, and which you’re missing. You can reach out to those who show repeated interest and try to find ways to tailor future content to attract the people you’re not reaching.
Credibility:
Let your former and current clients and partners advertise your expertise for you. With the “recommendations” and “endorsements” features others can help build your level of trust with potential leads.
Coaches, consultants and recruiters also comb through LinkedIn looking for company matches for their clients. According to Executive Coach and Consultant, Stephenie Girard, “I rely on companies to use LinkedIn to increase their credibility, attract quality talent and expose their product or professional services. When organizations utilize LinkedIn in full capacity we gain access to the company’s values, culture, people and products – all of which are crucial pieces to the puzzle when matching a potential employee to employer.”
Connections:
Finding leads directly might be on your mind, but finding other business people and businesses that you can follow, monitor, learn from, and partner with, can also be incredibly valuable and may, in the end, bring you some leads and great business allies.
Once you have the connections made on LinkedIn, stay in touch with your old and new connections, clients, and customers. Many companies use LinkedIn as another platform to share press releases, white papers, videos, and product announcements.
According to Business Insider article LinkedIn May Not Be the Coolest Social Network, but It’s Only Becoming More Valuable to Businesses, “LinkedIn has the advantage of being the place for white-collar professionals to network, meaning its population is highly desirable since it is a high-income and highly educated user base.” Is LinkedIn right for you? If you’re looking for intelligent professionals, perhaps it is.
by Fronetics | Mar 16, 2015 | Blog, Marketing, Social Media, Strategy
How your business can use social media to generate leads.
Leads are essential to the growth of your business, and your marketing strategy is built around finding and connecting with leads. So when 92% of all marketers indicate that their social media efforts have generated more exposure for their businesses, you should take note and make social media part of your prospecting strategy.
Building a network of online connections is an effective way to find new leads. And with social media, you can find new leads by doing something called social prospecting. Social prospecting is the art of searching the social web, identifying potential prospects for your business, and engaging them in a manner that draws them to your company’s website and through your funnel. At the core, social prospecting is about listening. It’s about listening to social media conversations in order to generate leads for your business. It goes beyond monitoring keywords to engaging people that may or may not know what your business can do for them.
As you build your social prospecting strategy and develop new approaches to connect with leads, keep these 25 handy tips close by to guide your efforts.
Twitter
- Post content that draws prospects back to your website.
- Aim to share useful content on Twitter two to three times per week.
- Make customers feel appreciated by prioritizing their questions.
- Keep prospects engaged by retweeting some of their organic content.
- Favorite tweets with content that leads share.
- Respond to and offer help to industry peers’ questions.
- Delight customers by replying or favoriting tweets when they mention your company.
- Engage with potential prospects by offering help using relevant content.
LinkedIn
- Post at least twice a week to your company’s LinkedIn page.
- Join five LinkedIn Groups that could connect you with potential prospects.
- Join conversations in the group where you can add value with your content.
- “Like” content that others are sharing in the group.
- Share your own content to the group.
- Use LinkedIn Answers to respond to questions posted by others in your industry.
- Make a habit of routinely reviewing the content posted within your groups.
- Comment and add value to posts from others in the group.
- Ask for an offline meeting with your most engaged prospects.
Facebook
- Link to your blog from Facebook.
- Add calls to action to posts.
- Promote a special product or service offer solely for Facebook fans.
- Create and post visual content, like infographics and videos.
- Share a quote or industry statistic with your fans.
- To draw more comments from fans, pose a question.
- Create a Facebook event to promote trade show appearances or webinars.
- Update your company’s profile and cover photos routinely.
Ready to build a more full-bodied social prospecting strategy? We’ve laid out the quickest ways for you to find more leads and prospects on Twitter, Facebook, LinkedIn, Pinterest, and Google+ in our social prospecting workbook. In a dedicated worksheet to each of those social media platforms, you’ll find every worksheet includes: a short preparatory work to make the actual prospecting easy; visual instructions on how and where to find prospects; pro tips that will help you get the best results; prescriptions (Marketing Rx) for success; and take-home exercises for follow-up prospecting. To get started growing your prospecting opportunities and building alternative lead generation and nurturing strategies, download our free workbook.
Curious about what we’re up to on social media? Find out.
by Fronetics | Mar 16, 2015 | Blog, Marketing, Social Media, Strategy
How your business can use social media to generate leads.
Leads are essential to the growth of your business, and your marketing strategy is built around finding and connecting with leads. So when 92% of all marketers indicate that their social media efforts have generated more exposure for their businesses, you should take note and make social media part of your prospecting strategy.
Building a network of online connections is an effective way to find new leads. And with social media, you can find new leads by doing something called social prospecting. Social prospecting is the art of searching the social web, identifying potential prospects for your business, and engaging them in a manner that draws them to your company’s website and through your funnel. At the core, social prospecting is about listening. It’s about listening to social media conversations in order to generate leads for your business. It goes beyond monitoring keywords to engaging people that may or may not know what your business can do for them.
As you build your social prospecting strategy and develop new approaches to connect with leads, keep these 25 handy tips close by to guide your efforts.
Twitter
- Post content that draws prospects back to your website.
- Aim to share useful content on Twitter two to three times per week.
- Make customers feel appreciated by prioritizing their questions.
- Keep prospects engaged by retweeting some of their organic content.
- Favorite tweets with content that leads share.
- Respond to and offer help to industry peers’ questions.
- Delight customers by replying or favoriting tweets when they mention your company.
- Engage with potential prospects by offering help using relevant content.
LinkedIn
- Post at least twice a week to your company’s LinkedIn page.
- Join five LinkedIn Groups that could connect you with potential prospects.
- Join conversations in the group where you can add value with your content.
- “Like” content that others are sharing in the group.
- Share your own content to the group.
- Use LinkedIn Answers to respond to questions posted by others in your industry.
- Make a habit of routinely reviewing the content posted within your groups.
- Comment and add value to posts from others in the group.
- Ask for an offline meeting with your most engaged prospects.
Facebook
- Link to your blog from Facebook.
- Add calls to action to posts.
- Promote a special product or service offer solely for Facebook fans.
- Create and post visual content, like infographics and videos.
- Share a quote or industry statistic with your fans.
- To draw more comments from fans, pose a question.
- Create a Facebook event to promote trade show appearances or webinars.
- Update your company’s profile and cover photos routinely.
Ready to build a more full-bodied social prospecting strategy? We’ve laid out the quickest ways for you to find more leads and prospects on Twitter, Facebook, LinkedIn, Pinterest, and Google+ in our social prospecting workbook. In a dedicated worksheet to each of those social media platforms, you’ll find every worksheet includes: a short preparatory work to make the actual prospecting easy; visual instructions on how and where to find prospects; pro tips that will help you get the best results; prescriptions (Marketing Rx) for success; and take-home exercises for follow-up prospecting. To get started growing your prospecting opportunities and building alternative lead generation and nurturing strategies, download our free workbook.
Curious about what we’re up to on social media? Find out.
by Fronetics | Feb 10, 2015 | Blog, Content Marketing, Marketing, Strategy
You’ve likely heard it before – your business should be blogging. It’s understandable if it isn’t. Given the finite nature of a single workday, we all face daily pressure to prioritize projects and streamline strategies. But isn’t it true that our priorities should align with activities that have the most significant impact on performance? When data becomes the guide to choosing where to focus marketing efforts, it becomes clear that blogging is the powerhouse of digital marketing activity.
Blogging positively impacts a number of typical objectives for businesses. It makes it more likely for companies to be found in search engine results, produces higher quality leads, establishes industry expertise, and shortens sales cycles. To understand exactly to what degree blogging is affecting these outcomes, let’s take a look at the data.
Blogging generates high-quality leads and increases sales.
Practically all marketing activities ultimately seek to drive one objective – to increase sales. Many businesses are tying big sales wins to their blogging efforts. In a 2013 publication of Marketing Benchmarks, HubSpot reported companies that blog once or twice per month generate 70 percent more leads than those who don’t blog at all. Further, companies nearly double their sales leads by increasing blogging frequency from 3-5 times per month to 6-8 times per month.
Blogging drives increased website traffic.
Increased website traffic can almost always be linked to an increase in leads and sales. Companies with 51-100 pages on their website generate 48 percent more traffic than those with 1-50 pages according to the same HubSpot report. Consistent blogging activity builds the number of website pages and consequently the number of opportunities for your company to connect with customers, leads, and industry peers. Publishing frequency matters, too. Companies that blog at least 15 times per month get five times more traffic than those that don’t blog. Small businesses with 1-10 employees see the largest gains by posting more often.
Blogging links businesses and customers.
Business websites with blogs have 434 percent more indexed pages and 97 percent more indexed links based on the findings of a 2013 Social Media Today report. If search engines can easily find your business, prospective customers will find you easier, too. Building links ensures existing and potential customers can connect and engage meaningfully with your company.
Blogging seeks to educate and establish expertise.
Crafting and publishing quality blog content builds credibility and trust. Social Media Today reports a full 70 percent of consumers learn about companies through articles rather than ads and that 61 percent of consumers have made a purchase based on a blog post.
Data makes it clear that relevant and engaging blog content is a valuable marketing asset and sales driver for many businesses. In fact, marketers who have prioritized blogging are 13 times more likely to enjoy positive ROI. Is your company taking full advantage of this powerhouse marketing activity or is it missing opportunities to attract leads and delight customers?