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The Social Sales Revolution: 7 Steps to Get Ahead




    1               2                   3                  4                   5             6                7
 Get in The      Know Your           Build your        First Friends,                     Connect With    Get Together,
                 Customer              Social                             Tweet-up Your
   Game                                                 Then Leads          Pipeline          Social      Sell Smarter
                 Hangouts           Market Value
                                                                                           Intelligence




              The power is in the hands of the buyer
              Earn credibility and respect to be a recommender - be helpful – trusted
              advisor
3. Build your Social Market Value


  A social savvy rep needs to:
         • Join social dialog
         • Build credibility
         • Have experience
         • Know the industry
         • Be transparent




PHOTO BY KEXINO                        2
Credibility > Selling


                        3
Case Study:

                    WE SERVE OVER         OPEN TECHNOLOGY AT

                    60%
       4,500+
    RACKERS                                   WEB SCALE
                                         Choice, flexibility and freedom
     190,000+                                 from vendor lock-in
  CUSTOMERS
                    OF
                    THE   FORTUNE® 100
  84,000+ SERVERS


                                          SEAMLESS PORTFOLIO
                    OVER $1.2
        120 +
   COUNTRIES                              Public Cloud, Private Cloud,
                                         Hybrid Hosting and Dedicated
                    BILLION $$$$                    Hosting
                    Annualized Revenue
    8 GLOBAL
DATA CENTERS
Sales injects social into the funnel to accelerate deals




                  Recommendations
                    Relationships
                       Referrals




                                                           5
Online Display
                                 Trade Shows
       Webinars
                            Whitepaper
                 SEM        s
                           Events
                  Email

                 Videos    SEO

                 Blogs    Demos




                 Qualified Leads


             CUSTOMERS
                                               6
Department involvement

BEFORE

      Marketing               Sales

NOW

                  Marketing


                    Sales
                                      7
THROUGH

  Awareness   Consideration   Decision




                                         8
How we do it




                                           Intro
       Connect            Follow                           Listen
                                         Groups




  prospect       prospects                to             for
with social       and have         prospects       feedback
 platforms             them
                  follow us
Build
        Advise
                       Content




prospects        Including
 on social            case
    media          studies,
                 webinars
                 and more
We train our sales teams to think and act social

                                                   Build contacts by
                                                     territory and
                                                     customer list
                                                                       Involve prospects
                               Join groups and
                                                                             in the
                                gain credibility
                                                                         conversation




            Engage directly
                                                                                             Build and
                 with
                                                                                             maintain
          recommendations
                                                                                           relationships
           and relationships




           Build
                                                                                                Research and
      personalized
    social profiles on
    multiple platforms
                                                   How to:                                      monitor social
                                                                                                   media
Make your sales team:
1.   Effective
2.   Social
3.   Self-reliant


                             1
                             2
% Who Think LinkedIn is a Good Resource for:
Getting information about enterprise software companies or products                                            56%




    Getting advice on how to solve an enterprise software challenge                                       52%




           Finding recommendations for enterprise software products                                      50%




    Staying on top of the latest news or trends in enterprise software                             43%



                                                                         0%   20%            40%                60%       80%
Base: All IT survey respondents (N = 800).

                     “Do you agree or disagree with the following statements? LinkedIn is a good resource for:”
                                   % of respondents who answered “Agree” or “Strongly Agree”.



                                                                                         IT Software Study – March 2011
% Who Would Trust a Recommendation From:
                         Work colleagues / professional network                                                            93%


                       Industry analysts (Gartner/Forrester/IDC)                                                  80%


                             IT publications (CNET, ZDnet, etc.)                                   59%


                                                    Consultants                                    58%


                                IT forums and message boards                                51%


                                               Vendor websites                23%


                                             Vendor salespeople               22%


Base: All IT survey respondents (N = 800).                         0%   20%         40%           60%           80%          100%

                               “When deciding whether to purchase a particular software product for your
                            company or institution, do you trust recommendations from the following sources?”


                                                                                          IT Software Study – March 2011
The Power of
Recommendations
on LinkedIn

                  1
                  5
Rackspace vs. Company X



   554Recommendations




              7
      Recommendations
1
7
Professionals recommending Rackspace on LinkedIn
work for these companies:




                                               1
                                               8
We failed before we succeeded
How we first failed:
•   Our initial approach was too
    aggressive in scale
      •   Mass mandate failed
      •   No instant results
      •   More planning needed
      •   Disconnect: tying social to
          quotas
How we succeeded

•   A pilot team that

•   Understood
    relationships

•   Connected the dots

•   Had patience
Key Results
               Increased
        engagement on social       Increased event
         platforms from sales   attendance from their
            teams and their           customers
               customers


                                 More leads through
        Increased downloads
                                referrals, relationships
        and engagement with
                                           and
               content
                                  recommendations
Social Sales Revolution - Dreamforce 2012

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Social Sales Revolution - Dreamforce 2012

  • 1. The Social Sales Revolution: 7 Steps to Get Ahead 1 2 3 4 5 6 7 Get in The Know Your Build your First Friends, Connect With Get Together, Customer Social Tweet-up Your Game Then Leads Pipeline Social Sell Smarter Hangouts Market Value Intelligence The power is in the hands of the buyer Earn credibility and respect to be a recommender - be helpful – trusted advisor
  • 2. 3. Build your Social Market Value A social savvy rep needs to: • Join social dialog • Build credibility • Have experience • Know the industry • Be transparent PHOTO BY KEXINO 2
  • 4. Case Study: WE SERVE OVER OPEN TECHNOLOGY AT 60% 4,500+ RACKERS WEB SCALE Choice, flexibility and freedom 190,000+ from vendor lock-in CUSTOMERS OF THE FORTUNE® 100 84,000+ SERVERS SEAMLESS PORTFOLIO OVER $1.2 120 + COUNTRIES Public Cloud, Private Cloud, Hybrid Hosting and Dedicated BILLION $$$$ Hosting Annualized Revenue 8 GLOBAL DATA CENTERS
  • 5. Sales injects social into the funnel to accelerate deals Recommendations Relationships Referrals 5
  • 6. Online Display Trade Shows Webinars Whitepaper SEM s Events Email Videos SEO Blogs Demos Qualified Leads CUSTOMERS 6
  • 7. Department involvement BEFORE Marketing Sales NOW Marketing Sales 7
  • 8. THROUGH Awareness Consideration Decision 8
  • 9. How we do it Intro Connect Follow Listen Groups prospect prospects to for with social and have prospects feedback platforms them follow us
  • 10. Build Advise Content prospects Including on social case media studies, webinars and more
  • 11. We train our sales teams to think and act social Build contacts by territory and customer list Involve prospects Join groups and in the gain credibility conversation Engage directly Build and with maintain recommendations relationships and relationships Build Research and personalized social profiles on multiple platforms How to: monitor social media
  • 12. Make your sales team: 1. Effective 2. Social 3. Self-reliant 1 2
  • 13. % Who Think LinkedIn is a Good Resource for: Getting information about enterprise software companies or products 56% Getting advice on how to solve an enterprise software challenge 52% Finding recommendations for enterprise software products 50% Staying on top of the latest news or trends in enterprise software 43% 0% 20% 40% 60% 80% Base: All IT survey respondents (N = 800). “Do you agree or disagree with the following statements? LinkedIn is a good resource for:” % of respondents who answered “Agree” or “Strongly Agree”. IT Software Study – March 2011
  • 14. % Who Would Trust a Recommendation From: Work colleagues / professional network 93% Industry analysts (Gartner/Forrester/IDC) 80% IT publications (CNET, ZDnet, etc.) 59% Consultants 58% IT forums and message boards 51% Vendor websites 23% Vendor salespeople 22% Base: All IT survey respondents (N = 800). 0% 20% 40% 60% 80% 100% “When deciding whether to purchase a particular software product for your company or institution, do you trust recommendations from the following sources?” IT Software Study – March 2011
  • 16. Rackspace vs. Company X 554Recommendations 7 Recommendations
  • 17. 1 7
  • 18. Professionals recommending Rackspace on LinkedIn work for these companies: 1 8
  • 19. We failed before we succeeded
  • 20. How we first failed: • Our initial approach was too aggressive in scale • Mass mandate failed • No instant results • More planning needed • Disconnect: tying social to quotas
  • 21. How we succeeded • A pilot team that • Understood relationships • Connected the dots • Had patience
  • 22. Key Results Increased engagement on social Increased event platforms from sales attendance from their teams and their customers customers More leads through Increased downloads referrals, relationships and engagement with and content recommendations