LinkedIn can and should be one of the most powerful tools in a sales professional’s arsenal as it provides direct access to targeted decision makers and influencers. However, many sales professionals complain that they are not seeing any ROI from their LinkedIn efforts. They are making many connections – but they just aren’t generating the leads and sales they are after.
There are many reasons for why this is happening including:
Instead, sales people are often spending their time on LinkedIn engaged in low value activities that will never move the needle: time wasters. I’ve listed 5 of these time wasters below and how you can avoid them.
Inside one of my LinkedIn groups, the CEO of a high tech industry business development firm mentioned he’s using software that scrolls through LinkedIn and extracts the contact information of people who represent his ideal target market. He’s then transporting the information with one click of the mouse to his Salesforce CRM where his sales team can then send personal emails introducing his services. Sounds good in theory right?
However, he is “cold emailing” out of the blue.
These prospects he’s entering into his database are not marketing qualified and they have not shown any interest or need for his product. Instead of forcing prospects into his funnel, he should be taking the time to build and maintain relationships with key decision makers by providing value where they want to opt-in for more information and enter his CRM.
Once a connection is made on LinkedIn – or once a prospect joins a LinkedIn community, many sales executives try messaging them with a quick description of their products and/or solutions. They then suggest a phone call to discuss how their company can help their new connection. Most of the time, these messages are ignored. In fact, one sales executive recently mentioned that he may get 2 responses for every 100 to 150 emails he sends. Not a great return.
Prospects on LinkedIn don’t want to be sold to so overtly. In fact a recent, LinkedIn report for the technology industry shows that 75% of IT buyers would be willing to connect with a vendor – but they are hesitant because they don’t want to be inundated with marketing and sales pitches. They want to be educated. They want relevant content that will help them with their challenges so they can make smarter business decisions. Focus first on establishing a relationship and demonstrating your thought leadership and relevance. Then on moving prospects down your sales funnel.
Many sales executives are taking advantage of LinkedIn groups. They’re often used for prospecting – but also as a place to get wide exposure with targeted audiences. But, sales people are sharing content in an ineffective manner.
Before working with my LinkedIn marketing firm, a CEO of a software firm for the recruiting industry had his sales team post content at least 3 to 4 times a week – sometimes more. But they were generating very little traffic and leads from LinkedIn. Why?
The sales team was not creating relevant, thought provoking discussions that had context and standalone value. They were simply sharing the first couple lines of the blog post and a link – so there was no engagement. Their links were getting lost in the deluge of wall-to-wall newsfeed-like posts, press releases and promotional content.
By creating real conversations and earning the right to get their prospect’s attention by sharing valuable insights before linking to his blog, we increased traffic by 3620% for that client in six weeks.
Many social media experts tell you to share other people’s content 80% of the time and your content 20%. On LinkedIn, I think it should be reversed. Most sales executives are so focused on curating and sharing other people’s content that they are becoming known as a resource. But, prospects invest in thought leaders. You’re able to put content directly in front of key decision makers – yet you are sharing industry news and other people’s content. Our clients are sharing their case studies and thought leadership information and getting 11.5 times more engagement than from merely curating.
As I mentioned several times throughout this article, your prospects on LinkedIn want a value-added relationship with potential vendors. But they don’t want to jump through hoops and break down gates to get the information that can help them with their business decision. They want you to act like the rest of their network – their peers and established experts – by having a point of view and freely share valuable content.
As a marketer myself, I know the importance of landing pages and getting prospects to sign up for white papers, webinars and other offerings. But you need to prove to decision makers that they’ll want to enter the next stage of the relationship.
Now, that you know what’s not working on LinkedIn – fix your actions. Then, let me know if you start generating more leads and sales using LinkedIn.
About the author
New York Times recognized social media expert and Founder of GetLinkedInHelp.com, Kristina Jaramillo helps sales executives within technology companies, professional service firms and SMBs generate more leads and sales using LinkedIn. Learn how you can influence more B2B buying decisions with her free LinkedIn trainings at http://www.FreeLinkedInMarketingTraining.com