LinkedIn’s definition of LinkedIn’s Social Selling Index (SSI) is a measure that ranks a company or individuals’ utilization of LinkedIn as a social selling tool. Based on four variables your SSI score is being calculated
Before I proceed with how to boost your Social Selling Index, it’s important to understand. What’s social selling and why it’s so important ?
Social selling is leveraging your social network to find the right prospects, build trusted relationships, and ultimately, achieve your sales goals / KPI.
Why is it so important ?
Days of Cold Calling are over. Buyers are more aware of you and your products than ever before, Thanks to various social media channels. It’s utterly important to know the need of your buyer, know what problem(s) your buyer is facing and learn about his/her interest. As a sales person you need to step up to Industry 4.0 level, where information is readily available.
And that’s where social selling can help B2B buyers.
This sales technique enables better sales lead generation. You can learn about your buyers need, problems and solutions he/she is looking for. It eliminates the need for awkward cold calling. When you make your first call to your prospective customer, you directly provide answers to his/her problem. Which enables you to create stronger impression and helps you to build and maintaining relationships is easier within the network. According to LinkedIn Research Center, you are 51% more likely to hit quota if your SSI score is good.
Check your Social Selling Index here: https://www.linkedin.com/sales/ssi
So, now that I got your attention, here’s how to improve your Social Selling Index (SSI) Score:
If you are new in LinkedIn and the concept of Social selling. Then, you need to spend at least 1-2 hrs just one day in the beginning to set your profile right. After that, if you regularly spend 15~20 mins daily, and follow the above tips, in no time your SSI score will boost up in no time.
Feel free to add your comments / view / your opinion, if you have better practice or examples for boosting your social selling index.
3 SOCIAL MEDIA TRENDS TO WATCH IN 2016
2015 was a great year for tech & social media development & milestones. We have seen various new features & innovations. New changes are emerging faster than we could ever imagine. I personally believe, marketers should keep in mind the following trends when getting ready for 2016.
In 2015 we have seen the rise of many new companies focusing on live streaming features, such as Periscope, Meerkat, Livestreaming etc. Marketers are currently experimenting with various apps as a storytelling tool. As Facebook is currently working on its live streaming feature called “Facebook Live”. It’s no doubt that it will be one of the strongest broadcasting tool in 2016 with 1.5 billion users. Even Mobile manufacturing giant Samsung phones have live broadcasting feature on their latest phones. In 2016, we can expect companies of all levels to play with this trend. Won’t be surprised, if a professional social network like LinkedIn starts giving such features to its users.
Virtual Reality / 360 Degree Videos
In 2015, Virtual Reality tools became affordable and currently can be easily experienced with the help of your smartphone. Yet, it’s not widely used by everyone. But, I am sure to see more virtual reality videos in 2016 from brands, publisher, events, etc. As the 360° cameras are becoming affordable, users of social media networks will be able to make and share 360° videos with its followers with ease. Recently, we have seen the 360° video of Star Wars : The force Awaken on Facebook.
Interest based contents / ads was the trend of 2014 – 2015. In the mid of 2015, we have seen the rise of the concept of social selling. Social Media giants such as Facebook, LinkedIn already started playing with this feature. Facebook already implemented “Buy Button” B2C players. Also with LinkedIn Sales Navigator, users can stay one step ahead when it comes to B2B selling. This year, we can expect all the global brands, SMEs, Start-ups directly start selling their product and services via social media channels. Also, the emergences of the Buy Button in Pinterest on smartphones are expected to boom in this year. Also, it’s time for Instagram, LinkedIn to offer such online store for companies to showcase and sell their products.
2015 had been a fast year for social media. Looking back at the historical trends and current technologies, I am sure 2016 is going to be a great year for social media and marketers need to me prepared with these trends to take their brands to the next level.