Terms

Social Selling

What is Social Selling?

Social selling is a strategic method for sellers to connect and build relationships with prospects through social networks, focusing on forming meaningful social interactions and presenting a brand as a trusted source to solve a customer's problem via a product or service. It is closely related to lead generation and involves nurturing relationships as part of the sales funnel, with less pitching and more conversations.

Benefits of Social Selling

Social selling enhances lead generation and relationship building within the sales funnel through strategic social interactions. Notable benefits include:

  • Increased Opportunities: By engaging with prospects on social media, sellers create more sales opportunities.
  • Enhanced Brand Perception: Regular, valuable interaction on social platforms helps position a brand as trustworthy and customer-centric.
  • Better Customer Insights: Social media provides a wealth of information about customer needs, preferences, and behaviors.

Steps to Implement Social Selling

Implementing an effective social selling strategy involves several key steps:

  1. Profile Optimization: Ensure your social profiles are professional and reflect your expertise.
  2. Network Expansion: Connect with relevant prospects, customers, and influencers.
  3. Active Engagement: Participate in industry groups and discussions, providing value and building relationships.
  4. Insightful Content Sharing: Share content that addresses your audience’s challenges and interests.
  5. Performance Monitoring: Use tools like LinkedIn’s Social Selling Index (SSI) to track your activities and outcomes.

Social Selling vs. Traditional Selling

Traditional selling and social selling differ in their approach to connecting with prospects and generating sales. Traditional selling relies on buying lead lists, limited personal contacts, outdated or random contacts, limited data records, cold calling, and a one-size-fits-all process.

On the other hand, social selling leverages professional networks, social media connections, real connections, online intelligence, warm introductions, and guides prospects through the buying process.

Measuring Social Selling Success

Measuring social selling success is crucial for understanding the effectiveness of your strategies and making necessary adjustments. One way to measure success is by using the Social Selling Index (SSI), a metric introduced by LinkedIn. The SSI evaluates whether a brand is establishing a professional brand, finding the right people, sharing relevant content, and building and strengthening relationships.

Other terms

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Awareness Buying Stage

Learn about awareness buying stage, including definition, importance, key strategies, best practices & how it fits into the sales funnel.

Awareness Buying Stage

Deal-Flow

Learn about deal-flow, including maximizing your deal-flow efficiency, key components of successful deal-flow, & deal-flow versus sales pipeline.

Deal-Flow

Letter of Intent

Learn about letter of intent, including understanding the letter of intent (LOI), essential components of a LOI, LOI in academic and professional applications.

Letter of Intent

Salesforce Administrator

Learn about salesforce administrator, including the role of a salesforce administrator, & key responsibilities of salesforce administrators.

Salesforce Administrator

Churn

Learn about churn, including defining churn rate, importance of churn rate, calculating churn rate, & reducing churn rate.

Churn

Employee Advocacy

Learn about employee advocacy, including benefits of employee advocacy, & building a successful employee advocacy program.

Employee Advocacy

Always Be Closing

Learn about always be closing, including implementing ABC in your sales strategy, key strategies for effective closing, & ABC vs. other sales techniques.

Always Be Closing

Demand Capture

Learn about demand capture, including strategies for effective demand capture, key principles of demand capture, & demand capture vs. demand generation.

Demand Capture

Pay-per-Click (PPC)

Learn about PPC, including crafting effective PPC ad campaigns, key benefits of PPC advertising, comparing PPC with organic search, and optimizing your PPC strategy.

Pay-per-Click (PPC)

Simple Object Access Protocol Application Programming Interface

Learn about SOAP API, including benefits of SOAP API, how SOAP API works, SOAP API vs. REST API, and common use cases for SOAP API.

Simple Object Access Protocol Application Programming Interface

Sales Development Representative (SDR)

Learn about sales development representative, including roles and responsibilities of an SDR, key skills for successful SDRs, and pathways to becoming an SDR.

Sales Development Representative (SDR)

Dark Funnel

Learn about dark funnel, including unraveling the dark funnel mystery, strategies to illuminate the dark funnel, & dark funnel vs. traditional sales funnels.

Dark Funnel

Product Recommendations

Learn about product recommendations, including tips for effective product recommendations, & benefits of personalized suggestions.

Product Recommendations

Sales Champion

Learn about sales champion, including identifying your sales champion, qualities of an effective sales champion, sales champion vs. sales representative.

Sales Champion

Outside Sales

Learn about outside sales, including strategies for successful outside sales, benefits of employing outside sales, & comparing inside and outside sales.

Outside Sales

Value-Added Reseller

Learn about value-added reseller, including key benefits for businesses, successful value-added reseller examples, value-added reseller vs. traditional reseller.

Value-Added Reseller

Total Audience Measurement

Learn about total audience measurement, including key components of total audience measurement, & benefits of adopting total audience measurement.

Total Audience Measurement

Data Management Platform

Learn about data management platform, including key benefits of data management platforms, & essential features of data management platforms.

Data Management Platform

Overcoming Objections

Learn about overcoming objections, including the art of handling rejections, & strategies for effective objection management.

Overcoming Objections

Programmatic Display Campaign

Learn about programmatic display campaign, including how programmatic display campaigns work, & benefits of programmatic display advertising.

Programmatic Display Campaign

Key Accounts

Learn about key accounts, including identifying key accounts criteria, strategies for managing key accounts, key accounts vs. regular accounts: understanding the differences.

Key Accounts

Buying Signal

Learn about buying signal, including identifying buying signals effectively, interpreting subtle buying signals, & buying signals vs. general interest.

Buying Signal

Trusted Advisor

Learn about trusted advisor, including becoming a trusted advisor: key strategies, & qualities of an effective trusted advisor.

Trusted Advisor

Challenger Sales Model

Learn about challenger sales model, including key principles of challenger sales, implementing the challenger approach, & challenger vs. solution selling.

Challenger Sales Model

Intent leads

Learn about intent leads, including identifying intent leads in sales, strategies for nurturing intent leads, & comparing intent leads and cold leads.

Intent leads

Needs Assessment

Learn about needs assessment, including steps for conducting needs assessment, key components of needs assessment, & needs assessment vs. demand analysis.

Needs Assessment

Marketing Automation

Learn about marketing automation, including benefits of marketing automation, & key features of effective marketing automation.

Marketing Automation

Cybersecurity

Learn about cybersecurity, including how cybersecurity works, benefits of strong cybersecurity, & best practices in cybersecurity.

Cybersecurity

Cross-Site Scripting

Learn about cross-site scripting, including understanding how cross-site scripting occurs, identifying vulnerabilities, preventing attacks, & best practices.

Cross-Site Scripting

Customer Relationship Management Hygiene

Learn about CRM hygiene, its importance, the best practices for it, CRM hygiene vs. data management, and tools for maintaining it.

Customer Relationship Management Hygiene

Sales Kickoff

Learn about sales kickoff, including planning a successful sales kickoff, key elements of a sales kickoff, & sales kickoff vs. regular sales meetings.

Sales Kickoff

Progressive Web Apps

Learn about progressive web apps, including how to develop a PWA, benefits of progressive web apps, PWAs vs native apps, & essential PWA features.

Progressive Web Apps

CCPA Compliance

Learn about CCPA compliance, including how to ensure compliance, benefits of being CCPA compliant, challenges in achieving compliance, & CCPA vs. GDPR.

CCPA Compliance

Warm Email

Learn about warm email, including crafting effective warm emails, criteria for selecting recipients, & warm email vs. cold email: key differences.

Warm Email

Tire-Kicker

Learn about tire-kicker, including identifying tire-kickers in sales, strategies to engage tire-kickers, & converting tire-kickers to buyers.

Tire-Kicker

Demand Forecasting

Learn about demand forecasting, including benefits of demand forecasting, implementing effective forecasting strategies, & common pitfalls to avoid.

Demand Forecasting

Demographic Segmentation in Marketing

Learn about demographic segmentation in marketing, including understanding demographic variables, & implementing demographic segmentation.

Demographic Segmentation in Marketing

Video Prospecting

Learn about video prospecting, including benefits of video prospecting, crafting compelling video messages, & comparing video prospecting and email outreach.

Video Prospecting

Conversion Rate

Learn about conversion rate, including maximizing your conversion rate, key metrics for conversion success, & conversion rate vs. click-through rate.

Conversion Rate

Integration Testing

Learn about integration testing, including benefits of integration testing, best practices, challenges and solutions, & tools and resources.

Integration Testing

Inbound Lead Generation

Learn about inbound lead generation, including strategies for effective inbound lead generation, & components of a successful inbound campaign.

Inbound Lead Generation

Outbound Leads

Learn about outbound leads, including strategies for generating outbound leads, & effective outbound lead engagement methods.

Outbound Leads

Digital Analytics

Learn about digital analytics, including key components of digital analytics, the role of data in digital analytics, comparing digital analytics and traditional methods.

Digital Analytics

Accounts Payable

Learn about accounts payable, including understanding accounts payable, accounts payable process, importance of accounts payable, & managing accounts payable.

Accounts Payable

Net New Business

Learn about net new business, including strategies for growing net new business, & key metrics for tracking net new business.

Net New Business

B2B2C

Learn about B2B2C, including benefits of B2B2C model, key strategies for B2B2C success, & B2B2C vs. B2C vs. B2B: understanding the differences.

B2B2C

Draw on Sales Commission

Learn about draw on sales commission, including types of commission draws, advantages and disadvantages, & implementing a draw agreement.

Draw on Sales Commission

Cohort Analysis

Learn about cohort analysis, including understanding cohort segmentation, steps to conduct cohort analysis, & cohort analysis vs. traditional analysis.

Cohort Analysis

Forward Revenue

Learn about forward revenue, including calculating forward revenue accurately, & the impact of forward revenue on decision-making.

Forward Revenue

Hot Leads

Learn about hot leads, including identifying hot leads: key indicators, nurturing hot leads into sales, hot leads vs. warm leads: understanding the differences.

Hot Leads

Call for Proposal

Learn about call for proposal, including crafting an effective call for proposal, & key elements of a successful proposal call.

Call for Proposal

Data Enrichment

Learn about data enrichment, including benefits of data enrichment, techniques for effective data enrichment, & data enrichment vs. data cleansing.

Data Enrichment

B2B Contact Base

Learn about B2B contact base, including building an effective B2B contact base, & strategies for expanding your contact base.

B2B Contact Base

Predictive Lead Scoring

Learn about predictive lead scoring, including benefits of predictive lead scoring, & implementing predictive lead scoring successfully.

Predictive Lead Scoring

Outbound Sales

Learn about outbound sales, including strategies for effective outbound sales, key metrics in outbound sales, outbound vs. inbound sales..

Outbound Sales

Precision Targeting

Learn about precision targeting, including implementing precision targeting strategies, & benefits of precision targeting in sales.

Precision Targeting

Buying Cycle

Learn about buying cycle, including stages of the buying cycle, key influences on buying decisions, & enhancing the customer's buying journey.

Buying Cycle

Sales Pipeline Velocity Formula

Learn about sales pipeline velocity formula, including calculating your sales pipeline velocity, & key components of pipeline velocity.

Sales Pipeline Velocity Formula

Omnichannel Marketing

Learn about omnichannel marketing, including the benefits of omnichannel marketing, & key strategies for omnichannel success.

Omnichannel Marketing

Guided Selling

Learn about guided selling, including benefits of guided selling, steps to implement guided selling, & guided selling vs. traditional sales.

Guided Selling

Rollback Procedures

Learn about rollback procedures, including understanding when to use rollback procedures, & steps to implement rollback procedures.

Rollback Procedures

Closed Lost

Learn about closed lost, including understanding common causes of closed lost, & strategies to minimize closed lost scenarios.

Closed Lost

Inbound Sales

Learn about inbound sales, including principles of inbound sales success, transforming leads into customers, & inbound vs. outbound sales: a comparison.

Inbound Sales

CPM

Learn about CPM, including understanding CPM calculation, types of CPM models, importance of CPM in sales, & CPM vs. alternative metrics.

CPM

Bounce Rate

Learn about bounce rate, including understanding bounce rate implications, key factors affecting bounce rate, & reducing your bounce rate effectively.

Bounce Rate

Contact Discovery

Learn about contact discovery, including strategies for effective contact discovery, & key principles of contact discovery.

Contact Discovery

Customer Acquisition Cost

Learn about customer acquisition cost, including calculating your customer acquisition cost, & strategies for reducing acquisition costs.

Customer Acquisition Cost

Proof of Concept

Learn about proof of concept, including steps to execute a proof of concept, & benefits of conducting a proof of concept.

Proof of Concept

Data Warehousing

Learn about data warehousing, including benefits of data warehousing, building an effective data warehouse, & data warehousing best practices.

Data Warehousing

Accessibility Testing

Learn about accessibility testing, including how to conduct accessibility testing, & benefits of accessibility testing.

Accessibility Testing

Event Tracking

Learn about event tracking, including understanding event tracking metrics, setting up event tracking, & best practices in event tracking.

Event Tracking

Multi-threading

Learn about multi-threading, including benefits of multi-threading in sales, & implementing multi-threading in your strategy.

Multi-threading

Buying Process

Learn about buying process, including key stages in the buying process, understanding consumer decision-making, & optimizing your sales for the buying process.

Buying Process

DMP

Learn about DMP, including understanding DMP functionality, benefits of using a DMP, choosing the right DMP, & key features of DMPs.

DMP

Private Labeling

Learn about private labeling, including understanding the private labeling process, benefits of private labeling, & challenges in private labeling.

Private Labeling

B2B Data Platform

Learn about B2B data platform, including key benefits of B2B data platforms, choosing the right B2B data platform, challenges in implementing B2B data platforms.

B2B Data Platform

Sales Compensation

Learn about sales compensation, including types of sales compensation plans, key components of effective compensation, & sales compensation vs. base salary.

Sales Compensation

Freemium

Learn about freemium, including benefits of a freemium model, freemium vs. premium: understanding the differences, key strategies for converting freemium users.

Freemium

Sales Enablement Content

Learn about sales enablement content, including crafting compelling sales enablement content, & essential components of effective sales content.

Sales Enablement Content

Product-Market Fit

Learn about product-market fit, including identifying product-market fit, key metrics for product-market fit, & strategies to achieve product-market fit.

Product-Market Fit

Marketing Funnel

Learn about marketing funnel, including stages of the marketing funnel, building a successful marketing funnel, & marketing funnel vs. sales funnel.

Marketing Funnel

User Interaction

Learn about user interaction, including enhancing user interaction strategies, principles of effective user engagement, & user interaction vs. user experience.

User Interaction

B2B Marketing KPIs

Learn about B2B marketing KPIs, including identifying key B2B marketing KPIs, setting achievable KPI targets, B2B vs B2C marketing KPIs: understanding the differences.

B2B Marketing KPIs

Customer Engagement

Learn about customer engagement, including strategies for elevating customer engagement, & key metrics to measure engagement.

Customer Engagement

Request for Information

Learn about request for information, including crafting an effective request for information, & key components of an RFI.

Request for Information

Payment Gateways

Learn about payment gateways, including how payment gateways work, benefits of payment gateways, & challenges of implementing payment gateways.

Payment Gateways

Email Deliverability

Learn about email deliverability, including improving email deliverability rates, & key factors affecting email deliverability.

Email Deliverability

Vertical Market

Learn about vertical market, including identifying your vertical market, advantages of targeting vertical markets, & vertical vs. horizontal markets.

Vertical Market

Custom API integration

Learn about custom API integration, including benefits of custom API integration, & key steps in developing custom APIs.

Custom API integration

Account-Based Sales

Learn about account-based sales, including key principles of account-based sales, crafting your ABS strategy, & ABS versus traditional sales models.

Account-Based Sales

B2B Data

Learn about B2B data, including sources and types of B2B data, leveraging B2B data for sales success, & ensuring the accuracy of B2B data.

B2B Data

Hadoop

Learn about Hadoop, including understanding Hadoop components, core functions of Hadoop, applications of Hadoop in sales, & Hadoop best practices.

Hadoop

De-dupe

Learn about de-dupe, including strategies for effective de-duplication, benefits of a de-duped database, de-dupe vs. data cleansing: understanding the differences.

De-dupe

Escalations

Learn about escalations, including understanding escalation triggers, key strategies for managing escalations, & escalations vs. standard operations.

Escalations

Responsive Design

Learn about responsive design, including how responsive design works, benefits of responsive design, & common mistakes in responsive design.

Responsive Design

Big Data

Learn about big data, including understanding big data characteristics, benefits of leveraging big data, & challenges in managing big data.

Big Data

Psychographics

Learn about psychographics in marketing, including understanding it, crafting psychographic profiles, & psychographics vs. demographics.

Psychographics

Funnel Analysis

Learn about funnel analysis, including how funnel analysis works, steps to implement funnel analysis, & common funnel analysis mistakes.

Funnel Analysis

Chatbots

Learn about chatbots, including understanding chatbot mechanisms, benefits of using chatbots, & challenges and limitations.

Chatbots

No Cold Calls

Learn about no cold calls, including alternatives to cold calling, strategies for warm outreach, & enhancing customer relationships without cold calls.

No Cold Calls
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