social selling: how to unlock competitive advantage - mike derezin, vp, sales solutions, linkedin

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Social Selling: How to unlock competitive advantage Mike Derezin VP Sales Solutions, LinkedIn #salesconnect

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Page 1: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Are you presenting at a breakout session?Make sure your title slide is the right color.

To swap the slide master...

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Keynotes & general sessions

The Future of Sales and Marketing breakout track

Habits of High Performing Reps breakout track

How to Build a Social Selling Organization breakout track

title title title title

Social Selling: How to unlock competitive advantage

Mike DerezinVP Sales Solutions, LinkedIn

#salesconnect

Page 2: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn
Page 3: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Thomas BellPresident, Linnean Society of London

“The year which as passed has not been marked by any of those striking discoveries...”

Page 4: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn
Page 5: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

“Everyone’s always asking me when Apple will come out with a cell phone. My answer is ‘Probably never.’”

David PogueTech Columnist, New York Times

Page 6: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

$260B

Page 7: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

$260B

Page 8: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

$260B????

“Zuckerberg is an idiot! I can’t believe he turned down Yahoo for 1 billion dollars.”

Page 9: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Mike Derezin?

“Zuckerberg is an idiot! I can’t believe he turned down Yahoo for 1 billion dollars.”

Page 10: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Sales Connect

Page 11: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Michael Porter

Competitive Strategy and

Competitive Advantage

Page 12: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

AdvantageCompetitiveSUSTAINABLE

Page 13: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Rita Gunther McGrath

The End of Competitive Advantage

Page 14: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

"To win in volatile and uncertain environments, executives need to learn how to exploit short-lived opportunities

with speed and decisiveness.”

Page 15: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

AdvantageCompetitiveTRANSIENT

Page 16: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

AdvantageCompetitiveTRANSIENT

Page 17: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

by Geoffrey Moore

Crossing the Chasm

Page 18: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

The Chasm

Early Majority Late Majority LaggardsInnovators and Early Adopters

Page 19: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

The Chasm

Early Majority Late Majority LaggardsInnovators and Early Adopters

HIGH RISK

NO RISK

Page 20: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

The Chasm

Early Majority Late Majority LaggardsInnovators and Early Adopters

HIGH REWARD

NO REWARD

Page 21: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

The Chasm

Early Majority Late Majority LaggardsInnovators and Early Adopters

The World Wide Web

‘94-’95 ‘96-’98 ’99-’00 ’00+

Page 22: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

The Chasm

Early Majority Late Majority LaggardsInnovators and Early Adopters

‘94-’95 ‘96-’98 ’99-’00 ’00+

$182BILLION

$437BILLION

The World Wide Web

Page 23: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

The Chasm

Early Majority Late Majority LaggardsInnovators and Early Adopters

Social Recruiting

‘07-’10 ‘11-’13 ’14-’16 ’17+

Page 24: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Social Recruiting Hero

Jennifer CandeeHead of Global Talent Acquisition, SABMiller

"I saw the opportunity in direct sourcing through LinkedIn. I knew it was the future, but had to move quickly to lock-in as many gains as possible before the rest of the world caught on."

Page 25: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Jennifer CandeeHead of Global Talent Acquisition, SABMiller

"I've helped save SABMiller about $7-10M annually by shifting to direct sourcing and LinkedIn Recruiter."Social Recruiting

Hero

Page 26: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

The Chasm

Early Majority Late Majority LaggardsInnovators and Early Adopters

Social Selling

‘12-’14 ’18-’19 ’20+

‘15

’16-’17

Page 27: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Social Selling Index (SSI)

Create a professional

brand

Find the right people

Engage with insights

Build strong relationships

Page 28: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Laggards

1000 20 40 60 80

Social Selling Index (SSI)

Leaders

Page 29: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

1000 20 40 60 80

Social Selling Index (SSI)

28.22015

12.22012

Page 30: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

The Chasm

Early Majority Late Majority LaggardsInnovators and Early Adopters

‘12-’14 ’18-’19 ’20+

‘15

’16-’17

28.2201512.

22012

Page 31: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

How can youseize the opportunity?

MeasurementEducationExecutive Alignment

Page 32: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Social Selling Heroes

Executive Alignment

MeasurementEducation

Page 33: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Mark TefekisVP Global Sales Enablement and Programs, PTC

"IOT is new to the world and new to us. Speed is king. We needed to deploy social selling now. We couldn't afford to wait six months."

Executive Alignment

Page 34: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Mark TefekisVP Global Sales Enablement and Programs, PTC

"Our corporate strategy is enabling smart connected products for competitive differentiation. Our team personalized it to get executive alignment - social selling is smart connected reps for competitive differentiation."

Executive Alignment

Page 35: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Mark TefekisVP Global Sales Enablement and Programs, PTC

"We've seen greater than a 50x ROI with Sales Navigator - measured in either revenue attained or pipeline."Executive

Alignment

Page 36: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Phil LurieSenior Director, GCO Sales Tools and Technology, SAP

"Social selling is the biggest single change to the SAP sales strategy in the last 10 years by an order of magnitude."

Education

Page 37: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Education

Phil LurieSenior Director, GCO Sales Tools and Technology, SAP

"I was going to be either the hero or villain. Someone has to take a risk to make things happen."

Page 38: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Education

Phil LurieSenior Director, GCO Sales Tools and Technology, SAP

"You have to customize the training, embed it in your overall training, and make sure to focus on middle managers."

Page 39: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Education

Phil LurieSenior Director, GCO Sales Tools and Technology, SAP

"We have seen massive ROI. I just learned of a half million dollar deal in Asia Pacific where a prospect reached out to our SAP rep through LinkedIn."

Page 40: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Fernanda GurgelSenior Social Media Manager – EMEA, Symantec

“Measuring our social selling is critical to justifying our ROI. SSI is at the core of what we do.”Measurement

Page 41: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Fernanda GurgelSenior Social Media Manager – EMEA, Symantec

"We always combine SSI with actionable intelligence. If you only provide data it is just another number, it won’t change the mindset. You have to tell teams what specific actions to take."

Measurement

Page 42: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Social Selling Heroes

Executive Alignment

MeasurementEducation

Page 43: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

The Chasm

Early Majority Late Majority LaggardsInnovators and Early Adopters

Page 44: Social Selling: How to Unlock Competitive Advantage - Mike Derezin, VP, Sales Solutions, LinkedIn

Sales Connect