space invaders to angry birds - social selling and the transition from open networks to closed...
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Social selling and the transition from open networks to closed communities has much to tell us about the changing nature of B2B engagement. Here are some lessons from the SAP Premier Customer Network.TRANSCRIPT
From Space Invaders to Angry Birds
November 2011
Social Selling – and the Transition from Open Networks to Closed Communities
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http://www.flickr.com/photos/shelleyp/
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http://www.flickr.com/photos/keithallison/ http://www.flickr.com/photos/achimh/ http://www.flickr.com/photos/jamesboyes/
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http://www.flickr.com/photos/ivyfield/
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@TimLonghurst
1. Eye on the future
2. Finger on the pulse
3. Seat at the table
“The game had changed ...”
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Social Media Adoption
http://www.searchenginejournal.com/the-growth-of-social-media-an-infographic/32788/
http://techcrunch.com/2011/10/17/twitter-is-at-250-
million-tweets-per-day/
The growth of social networks has been accelerating.
Daily users (August 2011):
Facebook – 310 million
StumbleUpon – 27.5 million
Twitter – 22 million
Flickr – 10 million
LinkedIn – 8 million
Twitter messages (per day):
September 2010 – 90 million
January 2011 – 100 million
October 2011 – 250 million
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Knowledge Doubles
Kurzweil shows that knowledge
doubles every year and has been
doing every year since the 60s.
How do we deal with this
avalanche of information?
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Eric Schmidt, Google
Between the dawn of civilization
through 2003, five exabytes of
data was created ... Now that
much is created every TWO
days.
“
”
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Tech Innovation
There’s more power in your
hand than what was used to put
man on the moon
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Can You Be Interrupted?
http://news.cnet.com/8301-27083_3-10469162-247.html?part=rss&subj=news&tag=2547-1_3-0-20
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Social media is not just about sales or marketing
(though it is a good place to start)
Your Business
SALES
Social Selling
HR
Social Recruiting
COO
Social Customer Service
MARKETING
Social Marketing
CHANNEL
Social Ecosystem
COMMS
Social Public Relations
Every organizational unit is being impacted by social Sales or marketing is an obvious first step for most enterprises. Aberdeen Group recently reported (June 2011) that 53% of retailers are pressured by increased consumer use of social media. But it’s not just about “listening” or monitoring, it’s about shadowing the constant shifts in customer affinity.
Gain customer intelligence
Identify new sales targets
Develop closer relationships
Shorten buying cycles
Grow your prospect base
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People are less reliant on advertising
Decision makers are turning to their trusted networks for advice at all phases of the sales cycle
And so should we!
They are researching options before they commit
Why Think About “Social”? The “Game Changer”
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Identify buyer
Initial Contact
Meeting/ Call
Assess Needs
Determine Budgets
Demo or Proof of Concept
Submit Proposal
Purchase
Outbound Sales
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Search, find, research
Website and
Resources
Download and View
Initiate Contact
Share Project Info
Share Specs
Engage in Demo
Request Proposal
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We needed to reframe the
sales process
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Use available tools (slingshot) to
aim the birds (each with special
abilities) at structures
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The objective:
“eliminate the pigs”
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Developed by Rovio Mobile
“puzzle video game”
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“addictive game play” win
win
win
win
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Three Primary Elements
Targets Players Strategies
a h s
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Sponsor
Stakeholders
Distractions
Don’t forget to
smell these
Influencers
“Targets”
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“Players”
Account Executive
Sales VP
Quota
Closed
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“Strategies”
a h s
Where do you aim?
What is your angle?
Direct/indirect?
Focus and effort?
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Social Selling and Social Customer Relationships
How do we respond to
these complexities?
Using the scale and reach
of social networks to
accelerate and extend the
sales process.
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The customer is in control of the
conversation. SCRM is the company’s
response to the customer’s control of
the conversation. There is no joint
ownership of the conversation. But
there is no control by one or the other
of the relationship between them.
Though the “power balance” can lean
toward one or the other. Right now it
leans to the customer.
“
” http://bit.ly/rAzQGx
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Three Cs of Community Engagement
Content
• Source
• Transform
• Coach
• Tag + Spotlight
• Consumption
Cadence
• Timing + Pace
• Orchestration
• Message Discipline
• Ride the Waves
Conversation
• Monitor + Respond
• Identify + Leverage Influencers
• Collaboration
• Drive + Leverage Campaigns
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Players
Targets
Strategies
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Players
Targets
Strategies
Eye on the future
Finger on the pulse
Seat at the table
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CIO
VP
Knowing your targets
Fish where the fish are
Connecting the dots
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Connecting Your Network
1. How many connections do you have?
2. How many customers are you connect to?
3. How many colleagues are in your network?
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http://www.breakingcopy.com/social-media-flowchart-status
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Easy to Start, Small Steps
Small time commitment and modest
objectives:
1. Grow connections by 25%
2. Publish 12 status updates
3. 10 step, assisted program
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10 Step Program
1. Training
2. Profile Makeover
3. Connect to People You Know:
Outlook plugin
Connect to colleagues
Follow companies
4. Connect to People You Need
Advanced search
Reachable
5. Participate in your network
Status updates, thought leadership
Groups
6. Make It Part of Your Day
7. Amplify Campaigns and Themes
8. Direct Contact:
Look to stakeholders and influencers
Ask for introductions
9. Follow Guidelines
Corporate guidelines
10. Supercharge Your Summary
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Quick wins
Demonstrate value
Measurable
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One Connection Opens a Network of Opportunity
CEO
CFO
CEO
CEO CEO
CEO
CEO CIO
CEO CEO
CEO
CEO
CEO
CEO
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Network Becomes Your News
1. Keep up-to-date with
your contacts through
Profile feed
2. Use LinkedIn Today to
see what is relevant and
important in your network
3. Participate and engage
with your network in the
one place
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Supercharging Your Summary
Employ the principles of inbound
marketing on your Summary
STOP: Using the “Summary” space to
summarize your experience.
START: Using it to put forward your value
proposition to any contact.
Explicitly:
Welcome people to your profile
Describe recent scenarios or use cases
where you have delivered results to your
customers
Explain why someone should contact you
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The Open Network is Also a Gateway
Lessons Learned Outcomes
Different birds are different
Those from the Twitter program picked up LinkedIn more aggressively
Most people overestimate their expertise
Momentum is only achieved through participation (ie you have to engage with the concept before you see success)
Even the most uncommitted participant grew their network by 20%
Many participants grew their networks by over 40%
It takes longer than you can imagine
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“You Always Need Another Level”
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SAP Community Network
http://www.slideshare.net/markyolton/blogwell-20june2011-mark-yolton-sap
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http://www.flickr.com/photos/42228837@N06/4220872666/
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PCN Connect
An innovative, closed community platform connecting information, knowledge and people from SAP and the network of premier customers.
Not all information – just the most relevant (self service)
Support the customer decision making process
Connect customers with each other
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Combining Open + Closed Networks
Customer Network
Closed Network
Open Network
1. Eye on the future
2. Finger on the pulse
3. Seat at the table
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Thank You!
Contact information:
Gavin Heaton
M: +61 404 004 516
http://www.linkedin.com/in/servantofchaos
@servantofchaos