Chasing simple 'visibility' is killing your annual plan. How to convert visibility into influence, revenue and market dominance.
Eric Doyle (F.ISP)
Developing people and organisations to become leaders in their sectors - Digital Commercial Strategist, Sales trainer - TedX Speaker / Coach - Keynote speaker, event host/compere/moderator - Artist
In recent articles and video, I mentioned the term “Qualified relevance”, a few people have been in touch about what that really means so I thought I'd a little deeper into the topic.
visibility
[v?z??b?l?ti]
NOUN
1. the state of being able to see or be seen.
Everyone is chasing visibility.
Thousands of organisations flooding the digital highways with brochure after brochure, constantly spamming their networks with sterile, corporate content in the hope that this will create demand.
Does this sound familiar: Low engagement, no conversation, team members liking and sharing each others content, echo chambers, no traceable link to revenue, spamming precious prospects and clients when we should be focussing on building influence, creating commercial interaction and digital dominance.
Ask yourself and your team a few questions…
Often when we ask this of management teams we meet, there is a muted response.
We hear it all the time…. "we do this because it’s good for visibility".
We even hear this from trained and experienced marketing professionals.
Try paying suppliers and making payroll with visibility alone...
Jumping to 'throwing out content' as the answer to pipeline issues is common, but its back to front.?
Its the equivalent of saying “we are going to build a house…..first things first, let’s order the wallpaper…”.
We have to set the strategy, then understand what we are doing and why.? We have to train the team, we have to set the environment and the framework….then we can think about content.
Forget chasing visibility and aim for Qualified Relevance.
But what is it…?
The 2021 LinkedIn-Edelman B2B thought leadership impact report is an excellent report which saw Edelman and LinkedIn collaborate on the fourth annual B2B Thought Leadership Impact Study to examine how thought leadership influences perception and buying behaviours among B2B decision-makers (link below).
The report says…
"64% of buyers say that and organisation thought leadership content is a more trustworthy basis for assessing its capabilities and competency than its marketing materials and products sheets".
It then goes on to say:
“63% of buyers also say that thought leadership is important in providing proof that an organisation genuinely understands or can solve your business challenges".
We can’t hope to achieve this level of connection and qualification with brochureware.?This needs new thinking and a new approach.
Think beyond ‘visibility’, think beyond ‘being seen’….When you are doing what you need to do to have you buyers trusting in your capability and competence and believing that you genuinely understand and can solve their business challenges….is the beginning of you turning mere visibility into qualified relevance…
Creating interesting, engaging content across the organisation is a key skill in today’s business world, just like knowing how to use a smartphone, video call or collaboration hubs. It’s not just for the Sales and Marketing team, it’s across all levels and functions: The board, directors, management, technical, human resources, procurement, financial and operations.
Believe it or not, getting into this now?will impact your H2 pipeline hole.??
Yes, you still need your Sales team in enablement mode, that doesn't change but, you need to be prospecting in a different way and we can help with that.?
None of this comes for free and it isn’t easy….if it was everyone would be doing it already.?Getting this right requires different thinking and perhaps parking some pre-conceptions of ‘how things are supposed to work’.
In an article by Adam Gray, Co-Founder of DLA Ignite,?he takes us through all the excuses we hear and explains why you should not fear creating content:
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Every piece of content the team publish is part of a plan, it plays to the strategy and is a crucial contributor to the intended result.?
There is no ‘post and hope’.
We measure everything and extract all the value.
We are not in the business of teaching people how to publish content and hope.?We teach you to create action-based content – A point to note:?if you are not creating content, you are invisible to the modern buyer, if you are invisible you are losing deals to the competition.?
We are Socially hardwired
Humans are social!?Just about every aspect of our lives has shifted to platforms that allow us to be social and we love it.
The Social evolution of our daily lives is growing, and it isn’t going away.?
In the latest Global Statshot Report – Jan 2022 from Kepios, the numbers are in:
Understanding how to fit into this and how to convert your activity to real, measurable business improvement is important these days.
If your pipeline is down on forecast and you are struggling with what to do…Get your people, trained and get them them building influence on Social Media.?
No corporate content...this is the opposite of rich and diverse content and, it’s what everyone else does - this is chasing 'visibility'.??
Get them to be build influence and create well pointed though leadership content.
Where the proof I hear you ask.... I was revisiting a classic TimTalk (Tim Hughes’s podcast) with Danielle Guzman, the Global Head of Social Media for Mercer. In the interview, Danielle shares the value that Mercer have gained from empowering their employees with Social Media.
The result…. Mercer are seeing 3 to 4 times the attributed revenue than the brand generates.?Think about that for a minute……. If the brand is creating $10 million, then empowering the team on social will generate $40 million.
Should you wait?
That depends on your average Sales Cycle.?
We have a client whose average the average is 100 days.?If yours is the similar and you want to close sales, you should have started 100 days ago.
Avoid being lost in the visibility rush, stand out and aim for qualified relevance within your prospect and client base.
In 2022 it’s important we give our team the skills to build influence online, at scale.
You and your people should be the leading Technical and Commercial digital influencers in your sector.
Is it you or your competition…?
Live Social '22
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Curiosity may kill the cat, but it fuels my passion for discovering untold stories | Explorer of Marketing & Content | Navigator of MacArtney's LinkedIn feed, sharing tales from the surface to the seafloor
3 年I understand how visibility can be a bit misunderstood, starting a digital journey. Many media platforms are about that quick appearance and ????-hunting. Something I think the generation Z is living and breathing. Seemingly - or obviously - the questions lacking are the HOW and the WHY to differ and make that lasting impact and relevance. Corporate “selfies” might seem the correct kind of flooding for those, who have not pinned a digital strategy (including all organisation levels)! Well, I know where they can start off getting directions ????. Crux Great you brought that up, Eric. #digital #influence #relevance
Life is better with a Guide. Special Needs Parent and Fanatic Fly Fisherman. Helping business owners love their business and their life through value acceleration
3 年'visibility' = 'more noise' as you keenly point out Eric Doyle (FISM). Ironically, all of the objections (excuses) people use about the work you do helping businesses is and has been the case for decades on the #referral side of marketing. I get arguments, very much like you describe above, about not having enough time and yet when we do some analysis we discover vast amounts of time spent on low value/no return activities. Great blog
In a world of empty suits, I’m leading a movement of authenticity, integrity, and trust inside the sales profession
3 年Far too many fighting to be seen Eric Doyle (FISM) but having very little to say. Social media has brought upon us the "stage" where social platforms have become the hot spot for distortions, filters and where the real versions of who we are remain backstage. We take selfies, photoshop, curate and upload the best we got. How about educating, engaging and exciting people into conversations? The impression economy is full steam as opposed to "Influence, inspiration, ideas and ignite" connection.
Jetcraft Sales Director - Helping Jet Owners Upgrade, Sell or Find their First Perfect Jet. ???????
3 年Great article Eric. Thanks. I like the house/wallpaper analogy. Pretty pictures of jets are great but what's the point? The audience needs to learn what we do with them.
Managing Director | Supporting Oil & Gas Operators with Expertly Engineered Leak Sealing Solutions to minimise downtime and reinstate asset integrity | Eternally Optimistic Dons Fan
3 年Graham Steele Shawn Main