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From Space Invaders to Angry Birds November 2011 Social Selling and the Transition from Open Networks to Closed Communities

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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.

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Page 1: Space Invaders to Angry Birds - Social Selling and the transition from open networks to closed communities

From Space Invaders to Angry Birds

November 2011

Social Selling – and the Transition from Open Networks to Closed Communities

Page 2: Space Invaders to Angry Birds - Social Selling and the transition from open networks to closed communities

© 2011 SAP AG. All rights reserved. 2

http://www.flickr.com/photos/shelleyp/

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© 2011 SAP AG. All rights reserved. 3

http://www.flickr.com/photos/keithallison/ http://www.flickr.com/photos/achimh/ http://www.flickr.com/photos/jamesboyes/

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© 2011 SAP AG. All rights reserved. 4

http://www.flickr.com/photos/ivyfield/

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© 2011 SAP AG. All rights reserved. 5

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© 2011 SAP AG. All rights reserved. 6

@TimLonghurst

1. Eye on the future

2. Finger on the pulse

3. Seat at the table

“The game had changed ...”

Page 7: Space Invaders to Angry Birds - Social Selling and the transition from open networks to closed communities

© 2011 SAP AG. All rights reserved. 7

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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© 2011 SAP AG. All rights reserved. 8

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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© 2011 SAP AG. All rights reserved. 9

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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© 2011 SAP AG. All rights reserved. 10

Tech Innovation

There’s more power in your

hand than what was used to put

man on the moon

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© 2011 SAP AG. All rights reserved. 11

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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© 2011 SAP AG. All rights reserved. 12

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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© 2011 SAP AG. All rights reserved. 13

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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© 2011 SAP AG. All rights reserved. 14

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© 2011 SAP AG. All rights reserved. 15

Identify buyer

Initial Contact

Meeting/ Call

Assess Needs

Determine Budgets

Demo or Proof of Concept

Submit Proposal

Purchase

Outbound Sales

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© 2011 SAP AG. All rights reserved. 16

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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© 2011 SAP AG. All rights reserved. 17

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© 2011 SAP AG. All rights reserved. 18

We needed to reframe the

sales process

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© 2011 SAP AG. All rights reserved. 19

Use available tools (slingshot) to

aim the birds (each with special

abilities) at structures

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© 2011 SAP AG. All rights reserved. 20

The objective:

“eliminate the pigs”

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© 2011 SAP AG. All rights reserved. 21

Developed by Rovio Mobile

“puzzle video game”

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© 2011 SAP AG. All rights reserved. 22

“addictive game play” win

win

win

win

Page 23: Space Invaders to Angry Birds - Social Selling and the transition from open networks to closed communities

© 2011 SAP AG. All rights reserved. 23

Three Primary Elements

Targets Players Strategies

a h s

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© 2011 SAP AG. All rights reserved. 24

Sponsor

Stakeholders

Distractions

Don’t forget to

smell these

Influencers

“Targets”

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© 2011 SAP AG. All rights reserved. 25

“Players”

Account Executive

Sales VP

Quota

Closed

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© 2011 SAP AG. All rights reserved. 26

“Strategies”

a h s

Where do you aim?

What is your angle?

Direct/indirect?

Focus and effort?

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© 2011 SAP AG. All rights reserved. 27

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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© 2011 SAP AG. All rights reserved. 28

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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© 2011 SAP AG. All rights reserved. 29

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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© 2011 SAP AG. All rights reserved. 30

Players

Targets

Strategies

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© 2011 SAP AG. All rights reserved. 31

Players

Targets

Strategies

Eye on the future

Finger on the pulse

Seat at the table

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© 2011 SAP AG. All rights reserved. 32

CIO

VP

Knowing your targets

Fish where the fish are

Connecting the dots

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© 2011 SAP AG. All rights reserved. 33

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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© 2011 SAP AG. All rights reserved. 34

http://www.breakingcopy.com/social-media-flowchart-status

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© 2011 SAP AG. All rights reserved. 35

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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© 2011 SAP AG. All rights reserved. 36

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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© 2011 SAP AG. All rights reserved. 37

Quick wins

Demonstrate value

Measurable

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© 2011 SAP AG. All rights reserved. 38

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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© 2011 SAP AG. All rights reserved. 39

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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© 2011 SAP AG. All rights reserved. 40

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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© 2011 SAP AG. All rights reserved. 41

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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© 2011 SAP AG. All rights reserved. 42

“You Always Need Another Level”

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© 2011 SAP AG. All rights reserved. 43

SAP Community Network

http://www.slideshare.net/markyolton/blogwell-20june2011-mark-yolton-sap

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© 2011 SAP AG. All rights reserved. 44

http://www.flickr.com/photos/42228837@N06/4220872666/

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© 2011 SAP AG. All rights reserved. 45

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

Page 46: Space Invaders to Angry Birds - Social Selling and the transition from open networks to closed communities

© 2011 SAP AG. All rights reserved. 46

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

Page 47: Space Invaders to Angry Birds - Social Selling and the transition from open networks to closed communities

© 2011 SAP AG. All rights reserved. 47

Page 48: Space Invaders to Angry Birds - Social Selling and the transition from open networks to closed communities

Thank You!

Contact information:

Gavin Heaton

E: [email protected]

M: +61 404 004 516

http://www.linkedin.com/in/servantofchaos

@servantofchaos