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Unleashing LinkedIn:
How to Use Groups to Build Your Brand
      and Generate Sales Leads




                                        1
As a B2B Professional,
All I Want Is an Unfair Advantage.




                                     2
As a B2B Marketer,
I want to build my Company’s Brand and
generate as many qualified Leads for my
         sales team as possible.




                                          3
As a B2B Sales Professional,
I want to build my Personal Brand and
generate as many Meetings as possible
       with qualified prospects.




                                        4
Let’s discuss one way
to achieve both of these objectives.




                                       5
LinkedIn

LinkedIn seems to offer the “perfect storm” environment, for
B2B brand building and lead generation:

    Thousands of relevant + transparent prospects
    Frequent member login activity

    Low cost of entry and participation

    Highly scalable platform

All of the above can be captured within LinkedIn Groups.



                                                           6
What Is a LinkedIn Group?
                • Groups are Interest
                  Forums on LinkedIn

                • As of 18 Nov 2012,
                  there are over 1.4
                  million groups on
                  LinkedIn

                • Groups allow
                  members to post
                  articles and
                  conversation starters,
                  and reply to existing
                  articles and
                  discussion threads
                                        7
Competitive Advantages of
   LinkedIn Groups




                  LinkedIn for Lead Generation8
LinkedIn Groups
                Resemble Real Life


• LinkedIn Groups are equivalent to a real-life group that’s
  made up of hundreds of your prospects

• Groups offer long-term digital connections between
  yourself and your prospects – allowing for virtual
  discussions every day

• These digital connections are gateways to real life
  meetings – like the one we’re having right now 



                                                           9
LinkedIn Groups Can Capture Your
     Prospects in One Place

                Self-Reporting

                LinkedIn encourages self-
                reporting: the sharing of one’s
                details within their personal profile.

                Self-reporting creates
                unprecedented transparency of
                your target audiences.

                This means Unprecedented
                targeting.


                                                10
If you’re targeting CFOs,
    LinkedIn offers you
 direct access to 1,500+
Senior Finance Decision
  Makers in Australia, in
  companies > 200 staff




                       11
If you’re targeting CIOs,
   LinkedIn offers you
direct access to 1,000+
    Senior IT Decision
 Makers in Australia, in
 companies > 200 staff




                       12
If you’re targeting HR Heads,
   LinkedIn offers you direct
  access to 800+ Senior HR
Decision Makers in Australia,
   in companies > 200 staff




                        13
LinkedIn Groups
        Build Prospect Value



           You Can Deliver
 Industry Information, Insights, and
Thought Leadership to Your Members




                                       14
You can post
industry
content for
the benefit of
your group
members.

This content
encourages
discussion,
which yields
market
insights for
your sales
team.




           15
LinkedIn Groups
   Promote Thought Leadership



        You Can Engage in
Industry Conversations and Display
  Your Expertise to Your Members




                                     16
You can have a
professional
discussion with
your group
members –
building
personal brand
while
developing
relationships
with them.


How would this
benefit your
sales team?



         17
Groups Give Rise to the Personal Brand

                   • Personal Brand has
                     always been important in
                     B2B

                   • How important are the
                     personal brands of your
                     key people to winning
                     business for your firm?

                   • LinkedIn groups are 100%
                     person-to-person based –
                     ensuring the development
                     of personal brands
                                                18
A LinkedIn Group Case Study




                                              19
                   LinkedIn for Lead Generation
Case Study:
B2B Social Media Lead Generation




                                   20
Case Study:
     B2B Social Media Lead Generation

• Launched in October 2010

• Currently has 3,000 members, from Australia, Singapore,
  Hong Kong, and New Zealand – our key markets

• The group’s audience is primarily composed of B2B
  Marketing Directors, Social Media Managers, and Sales
  Professionals

• The group is an ongoing source of agency B2B leads



                                                          21
Case Study:
     B2B Social Media Lead Generation

Our key uses of the LinkedIn group include:

 Demand Generation – We are building the category of
  B2B Social Media Lead Generation by posting articles
  that prove the concept and its worldwide / local adoption

 Market Research – We are constantly learning new
  things about our target audience via the insights they
  provide during discussions




                                                              22
Case Study:
     B2B Social Media Lead Generation


 Market Expansion Feasibility – We test the potential of
  any industry or region I want to expand into, by inviting
  prospects from those industries or regions, and observing
  their participation

 Relationship Building – by interacting with our
  members, we are building thousands of relationships as
  we establish our positioning and expertise in our field




                                                            23
LinkedIn Groups:
The Strategy for Brand Building
     and Lead Generation




                                                 24
                      LinkedIn for Lead Generation
LinkedIn Groups: The Strategy


1. Product

2. Prospects

3. Content

4. Social Sellers

5. Management & Policies




                                        25
Strategy: Product


•   Which is our most strategic product or service? Which
    do we want to sell more of?

•   If you have dozens of products, bundle them into product
    families, then build groups around the families

•   Always start with the product, never the social
    network. In the end, it’s always about the leads and the
    revenue.




                                                               26
Strategy: Prospects

Which prospects are most likely to buy our product or
service?

  • Which are the companies we want to land as clients?

  • What are the job titles within those companies, that
    we should be talking to?

  • Invite them to the group, using LinkedIn Ads or Inmail

  • Exclude competitors and all other non-relevant
    professionals


                                                             27
Strategy: Content
What is the content our prospects need to solve their
problems and do their job better?

   Do you produce our own industry-leading content? If
    not, can you commission some material?

   Can you come up with Conversation Starters or
    Polls?

   Beware of the Ribena effect – too much of your own
    syrup makes the rest of us choke

   3rd Party content is a very reliable way to build true
    industry credibility

                                                             28
Strategy: Social Sellers

            •   A Social Seller is a man or
                woman who represents their
                company in social networks

            •   Social Sellers focus on
                building their personal brand,
                sharing category content,
                and generating leads

            •   The most impactful Social
                Sellers are people in
                Business Development and
                Sales – the only ones who
                close deals.



                                                 29
The Social Seller Concept
•   Social Sellers own their LinkedIn profiles, legally

•   But – Marketing co-owns the marketing and
    content dimension of LinkedIn profiles

•   All group content that is distributed via Social
    Sellers, should now be approved, or influenced, by
    Marketing

•   Social Sellers = Distribution Channels for
    Marketing

•   This approach reduces social media risk while
    maximising brand alignment and compliance

                                                          30
Strategy: Social Sellers


•   Which of your group managers will be appointed Social
    Sellers; i.e. who will seek out meetings with your group’s
    members?

•   Will they come from your Sales or Pre-Sales
    department?

•   Marketing and C-Suite do not close deals, so their role
    within the group is secondary to those who close deals




                                                              31
Strategy: Management & Policies

•   Who will be the Group Owner (1), who will be the Group
    Managers (up to 10), and who will be Group Mods (up to
    50)?

•   What is expected of the Group’s Management? Do their
    KPIs need to be adjusted?

•   Who decides on which Content gets posted, and which
    group applicants get accepted?

•   Who makes the decision on the group’s Social Sellers?



                                                            32
The Science of Brand Building via
        LinkedIn Groups




                                                  33
                       LinkedIn for Lead Generation
Personal Brand Building




           Group
        Participation


   Content Distribution +
       Conversation


                            34
Personal Brand Building

                   Mere Exposure Effect



    Group
 Participation




   Content
Distribution +
Conversation

                                           Brand
                                          Building

                 Positioning Effect


                                                 35
Building Brand Awareness + Familiarity




                                         36
Positioning Effect

               Associating your
               personal brand with
               the content of your
               posts and discussions,
               makes you stand out
               and become
               synonymous with that
               content.

               This gives you greater
               credibility and trust
               with your group
               members.
                                  37
The Science of Lead Generation
     via LinkedIn Groups




                                                38
                     LinkedIn for Lead Generation
Lead Generation – Inbound
Lead Generation – Inbound
Lead Generation – Outbound




    In most B2B
groups, 90% of your
  leads will come
  from Outbound
       efforts!



                               41
What Numbers to Expect from
      LinkedIn Groups




                                              42
                   LinkedIn for Lead Generation
Member Engagement
• Most groups must accept the 3% Rule; i.e. no more than
  3% of your members will become regulars (>1 post per
  month)
• So if you have 100 members, then probably 3 of them will
  be regulars

Of the other 97%:
    50% are “beneficial lurkers” who consume information
    50% have forgotten they are in your group!

• Remember that just over 50% of your members are
  “participants” in your group


                                                        43
Costs: What to Expect
LinkedIn Ads
   o Avg. $2 - $4 Cost per Click;
   o 0.025% - 0.05% CTR (=1 click per 2000 – 4000
     impressions)
• Inmails
   o $10 per Inmail;
   o 10% - 20% CTR

Join Rate:
• 5% - 25% of every invitee will join, depending on the
  relevance of your invitation script and group name
• As a rule of thumb, you will need to send a minimum of 500
  Inmails to achieve 100 members (with 3 active members)


                                                           44
What Results Can You Expect?

Assuming your Social Sellers:

• Post at least 2 – 3 pieces of relevant content every week

• Engage with your members at least 1x – 2x per week for at
  least 2 – 3 months, and

• Engage in best-practice Inbound + Outbound Lead Generation,
  then you may expect:

    Approx. 15 – 25 leads for every 100 members in your
     group
    This percentage will grow as the brand awareness and
     positioning of your Social Sellers grows within the group
                                                              45
How Do We Measure ROI?

• Each Social Seller is given their own list of named prospects
  with the group (in line with their sales territory)

• As each Social Seller meets his prospects, this meeting is
  recorded in the CRM using source = “LinkedIn Group”

• Once a sales proposal is submitted, the Social Seller (or
  Marketing) records the $ value of the proposal against the
  company CRM account

• The organisation can now determine $ pipeline value vs. the
  investment in the group (i.e. salaries + agency costs)


                                                               46
Thank You!

      Connect:

LinkedIn: Tom Skotidas

Twitter: @tomskotidas

Google+: Tom Skotidas



                         47

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How to build your brand and generate business leads using LinkedIn Groups

  • 1. Unleashing LinkedIn: How to Use Groups to Build Your Brand and Generate Sales Leads 1
  • 2. As a B2B Professional, All I Want Is an Unfair Advantage. 2
  • 3. As a B2B Marketer, I want to build my Company’s Brand and generate as many qualified Leads for my sales team as possible. 3
  • 4. As a B2B Sales Professional, I want to build my Personal Brand and generate as many Meetings as possible with qualified prospects. 4
  • 5. Let’s discuss one way to achieve both of these objectives. 5
  • 6. LinkedIn LinkedIn seems to offer the “perfect storm” environment, for B2B brand building and lead generation:  Thousands of relevant + transparent prospects  Frequent member login activity  Low cost of entry and participation  Highly scalable platform All of the above can be captured within LinkedIn Groups. 6
  • 7. What Is a LinkedIn Group? • Groups are Interest Forums on LinkedIn • As of 18 Nov 2012, there are over 1.4 million groups on LinkedIn • Groups allow members to post articles and conversation starters, and reply to existing articles and discussion threads 7
  • 8. Competitive Advantages of LinkedIn Groups LinkedIn for Lead Generation8
  • 9. LinkedIn Groups Resemble Real Life • LinkedIn Groups are equivalent to a real-life group that’s made up of hundreds of your prospects • Groups offer long-term digital connections between yourself and your prospects – allowing for virtual discussions every day • These digital connections are gateways to real life meetings – like the one we’re having right now  9
  • 10. LinkedIn Groups Can Capture Your Prospects in One Place Self-Reporting LinkedIn encourages self- reporting: the sharing of one’s details within their personal profile. Self-reporting creates unprecedented transparency of your target audiences. This means Unprecedented targeting. 10
  • 11. If you’re targeting CFOs, LinkedIn offers you direct access to 1,500+ Senior Finance Decision Makers in Australia, in companies > 200 staff 11
  • 12. If you’re targeting CIOs, LinkedIn offers you direct access to 1,000+ Senior IT Decision Makers in Australia, in companies > 200 staff 12
  • 13. If you’re targeting HR Heads, LinkedIn offers you direct access to 800+ Senior HR Decision Makers in Australia, in companies > 200 staff 13
  • 14. LinkedIn Groups Build Prospect Value You Can Deliver Industry Information, Insights, and Thought Leadership to Your Members 14
  • 15. You can post industry content for the benefit of your group members. This content encourages discussion, which yields market insights for your sales team. 15
  • 16. LinkedIn Groups Promote Thought Leadership You Can Engage in Industry Conversations and Display Your Expertise to Your Members 16
  • 17. You can have a professional discussion with your group members – building personal brand while developing relationships with them. How would this benefit your sales team? 17
  • 18. Groups Give Rise to the Personal Brand • Personal Brand has always been important in B2B • How important are the personal brands of your key people to winning business for your firm? • LinkedIn groups are 100% person-to-person based – ensuring the development of personal brands 18
  • 19. A LinkedIn Group Case Study 19 LinkedIn for Lead Generation
  • 20. Case Study: B2B Social Media Lead Generation 20
  • 21. Case Study: B2B Social Media Lead Generation • Launched in October 2010 • Currently has 3,000 members, from Australia, Singapore, Hong Kong, and New Zealand – our key markets • The group’s audience is primarily composed of B2B Marketing Directors, Social Media Managers, and Sales Professionals • The group is an ongoing source of agency B2B leads 21
  • 22. Case Study: B2B Social Media Lead Generation Our key uses of the LinkedIn group include:  Demand Generation – We are building the category of B2B Social Media Lead Generation by posting articles that prove the concept and its worldwide / local adoption  Market Research – We are constantly learning new things about our target audience via the insights they provide during discussions 22
  • 23. Case Study: B2B Social Media Lead Generation  Market Expansion Feasibility – We test the potential of any industry or region I want to expand into, by inviting prospects from those industries or regions, and observing their participation  Relationship Building – by interacting with our members, we are building thousands of relationships as we establish our positioning and expertise in our field 23
  • 24. LinkedIn Groups: The Strategy for Brand Building and Lead Generation 24 LinkedIn for Lead Generation
  • 25. LinkedIn Groups: The Strategy 1. Product 2. Prospects 3. Content 4. Social Sellers 5. Management & Policies 25
  • 26. Strategy: Product • Which is our most strategic product or service? Which do we want to sell more of? • If you have dozens of products, bundle them into product families, then build groups around the families • Always start with the product, never the social network. In the end, it’s always about the leads and the revenue. 26
  • 27. Strategy: Prospects Which prospects are most likely to buy our product or service? • Which are the companies we want to land as clients? • What are the job titles within those companies, that we should be talking to? • Invite them to the group, using LinkedIn Ads or Inmail • Exclude competitors and all other non-relevant professionals 27
  • 28. Strategy: Content What is the content our prospects need to solve their problems and do their job better?  Do you produce our own industry-leading content? If not, can you commission some material?  Can you come up with Conversation Starters or Polls?  Beware of the Ribena effect – too much of your own syrup makes the rest of us choke  3rd Party content is a very reliable way to build true industry credibility 28
  • 29. Strategy: Social Sellers • A Social Seller is a man or woman who represents their company in social networks • Social Sellers focus on building their personal brand, sharing category content, and generating leads • The most impactful Social Sellers are people in Business Development and Sales – the only ones who close deals. 29
  • 30. The Social Seller Concept • Social Sellers own their LinkedIn profiles, legally • But – Marketing co-owns the marketing and content dimension of LinkedIn profiles • All group content that is distributed via Social Sellers, should now be approved, or influenced, by Marketing • Social Sellers = Distribution Channels for Marketing • This approach reduces social media risk while maximising brand alignment and compliance 30
  • 31. Strategy: Social Sellers • Which of your group managers will be appointed Social Sellers; i.e. who will seek out meetings with your group’s members? • Will they come from your Sales or Pre-Sales department? • Marketing and C-Suite do not close deals, so their role within the group is secondary to those who close deals 31
  • 32. Strategy: Management & Policies • Who will be the Group Owner (1), who will be the Group Managers (up to 10), and who will be Group Mods (up to 50)? • What is expected of the Group’s Management? Do their KPIs need to be adjusted? • Who decides on which Content gets posted, and which group applicants get accepted? • Who makes the decision on the group’s Social Sellers? 32
  • 33. The Science of Brand Building via LinkedIn Groups 33 LinkedIn for Lead Generation
  • 34. Personal Brand Building Group Participation Content Distribution + Conversation 34
  • 35. Personal Brand Building Mere Exposure Effect Group Participation Content Distribution + Conversation Brand Building Positioning Effect 35
  • 36. Building Brand Awareness + Familiarity 36
  • 37. Positioning Effect Associating your personal brand with the content of your posts and discussions, makes you stand out and become synonymous with that content. This gives you greater credibility and trust with your group members. 37
  • 38. The Science of Lead Generation via LinkedIn Groups 38 LinkedIn for Lead Generation
  • 41. Lead Generation – Outbound In most B2B groups, 90% of your leads will come from Outbound efforts! 41
  • 42. What Numbers to Expect from LinkedIn Groups 42 LinkedIn for Lead Generation
  • 43. Member Engagement • Most groups must accept the 3% Rule; i.e. no more than 3% of your members will become regulars (>1 post per month) • So if you have 100 members, then probably 3 of them will be regulars Of the other 97%:  50% are “beneficial lurkers” who consume information  50% have forgotten they are in your group! • Remember that just over 50% of your members are “participants” in your group 43
  • 44. Costs: What to Expect LinkedIn Ads o Avg. $2 - $4 Cost per Click; o 0.025% - 0.05% CTR (=1 click per 2000 – 4000 impressions) • Inmails o $10 per Inmail; o 10% - 20% CTR Join Rate: • 5% - 25% of every invitee will join, depending on the relevance of your invitation script and group name • As a rule of thumb, you will need to send a minimum of 500 Inmails to achieve 100 members (with 3 active members) 44
  • 45. What Results Can You Expect? Assuming your Social Sellers: • Post at least 2 – 3 pieces of relevant content every week • Engage with your members at least 1x – 2x per week for at least 2 – 3 months, and • Engage in best-practice Inbound + Outbound Lead Generation, then you may expect:  Approx. 15 – 25 leads for every 100 members in your group  This percentage will grow as the brand awareness and positioning of your Social Sellers grows within the group 45
  • 46. How Do We Measure ROI? • Each Social Seller is given their own list of named prospects with the group (in line with their sales territory) • As each Social Seller meets his prospects, this meeting is recorded in the CRM using source = “LinkedIn Group” • Once a sales proposal is submitted, the Social Seller (or Marketing) records the $ value of the proposal against the company CRM account • The organisation can now determine $ pipeline value vs. the investment in the group (i.e. salaries + agency costs) 46
  • 47. Thank You! Connect: LinkedIn: Tom Skotidas Twitter: @tomskotidas Google+: Tom Skotidas 47

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