Can social selling help with team selling?

Can social selling help with team selling?

Why this blog?

Matt Walsh ?asked me the question on?LinkedIn ?

curious about your thoughts on team selling... having more than one person on the call to help sell.

My team selling journey

When I first started in?sales ?it was with a "small company", well we had 60 people and we sold?payroll ?and personal software.?Personal is now called human capital management (HCM), things always change in sales.

I did all the jobs, I was?SDR , salesperson, demo person and I also needed to have an understanding of implementations.?A baptism of fire and a steep learning curve for a kid in his 20s.

As an aside, my first meeting was at a Council in?Wales . For those that don't know, in North Wales in many places the first language is Welsh. The meeting took place in Welsh and every now and then I would be asked a question in English. I digress, but for a kid in his 20s it was a confusing, but rewarding time.

It wasn't until I started working at a large US software company that I got my first experience of team selling.?I had people, working alongside me.?It took me a while to get used to it.

Having more than one person on the call?

Working and selling in a team has many advantages

1.?One person can talk, while the other can listen, this often makes for better questioning, listening and hearing.

2. Winning the business is not totally reliant on the client liking you.

3. In our world of social selling, if this question comes up, we often talk to clients about building a grid of contacts across an account.?Think?ABM? (account based marketing on steroids) by having a grid you are not at a disadvantage if salespeople leave.?

4. Another use of social I've used for team selling, was where we had 80 people on a sale, we therefore opened a channel (in?Slack ?terminology) and used that as the main communication channel.?As you can imagine, co-ordination was a big issue.

5. Another use of internal social (we use Slack) and team selling is in using social in conjunction with your forecast, for better forecast accuracy.?

So who's doing this?

In case you missed it, the?Bank of America’s Merrill Lynch ?have?banned cold calling ?and have moved all their people to social selling. This isn't some trendy tech company that might have decided to do this on a whim, this is a very conservative financial services company that has made a decision based on data.

But surely cold calling has a better ROI than social selling??Not according to Merrill Lynch.

"They will also be encouraged to contact prospects over LinkedIn, which has a higher hit rate than cold calling"

The?CRO ?(chief revenue officer),?Richard Eltham ?of?Namos Solutions , of one of clients posted a comment on LinkedIn about?social selling . See?here .

“Social selling is not an option now it is the way of the world and you either learn and execute it or fear getting left behind”?

Kevin Murray ?who is the Head of Sales at?MacArtney ?Underwater Technology recently posted about his success with social selling?here ?and wrote an article about the transformation that has happened in sales?here .

If this article has been useful and you think it would be helpful to your network or individuals then please share it.?Please also tag in the individuals.?

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Greg McReynolds

Experienced professional providing LNG | CNG | RNG | Virtual Pipeline Solutions | Methane Recapture/Pipeline Recompression | CNG Fleet Fueling & Compression or burner tip Solutions.

3 年

Great Article

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