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Social, Content & Selling - a Chief Revenue Officer's take

Posted by Trish Bertuzzi on Thu, Nov 10, 2011
 

 
I recently participated in a conversation over at Focus.com: How can you create a culture where your employees feel comfortable creating content? The idea being, that the creation of content is now an organizational responsibility as opposed to just being Marketing’s.

At one point in the dialogue, I was sick of hearing what all the pundits think (myself included) so I threw down the glove and asked a Sales Exec to chime in. Well, Alex Shootman the Chief Revenue Officer of Eloqua did. His excellent response follows:

Three interesting words in this exchange; culture, sales & content. In a vacuum these words do not seem like they should go together but let's break this down.

1) Culture is the external manifestation of the shared values of a group.
2) Sales is connecting what you have or know with what someone else hopes for.
3) Content is useful information or tools that people find helpful.

So the question of creating a culture of content management for sales to me might need to be re-framed. What parts of the sales culture are already in place that result in content being created and shared? What values always exist in great sales organizations? Since the beginning of time great sales people need to go hang out where their customers hang out and be interesting. What we need to help sales people understand is that their customers are hanging out on-line and they get interested in interesting content....

We are spending more and more time with our sales teams helping them learn to authentically prospect in social media. The more they create their online 'brand' and the more time they spend on-line seeing prospects attracted to great 'bait' and reject poorly thought out 'bait' the more they are beginning to become content aggregators. Which is the first step to beginning to actually create content.

Awesome, right? I immediately called Alex and asked him to share a bit more about how he actually shares this vision with his sales team.

[Trish] You say you are teaching your reps to prospect in social media. What channels specifically do you point them to?

[Alex]: The channel selection is one of the easiest parts. There are numerous communication channels for you to use to develop and build your personal brand. The basics are online communities, social networks like Twitter and Facebook, YouTube, SlideShare, blog sites, Flickr. The sheer number of different platforms makes learning where your customers/prospects hang out so important. We ask them to study their territory and learn where their clients are hanging out. They have to show us concrete examples of people they are trying to sell to and the channels in which they participate.

An overly simplified example of this is a great rep on the west coast selling to technology companies is on Twitter. A great rep in Chicago selling to more traditional manufacturing organizations hangs out on LinkedIn. The next step is teaching them to master the channels. I guess we are fortunate here we have one or two experts on each of the major channels and we enroll them in teaching the others and being the resident expert. For example check out Kevin McArdle - LinkedIn or Jill Rowley - Twitter.

[Trish] How are your Reps creating their online "brand"?

[Alex]: We've created a program. We're not yet sure if it is comprehensive because we are experimenting, but this is what we are doing in four simple steps; Discover, Develop, Monitor & Communicate.

First – discover; What are your personal drivers? What are you known for? What do you have answers to? What do others consistently say about you?

Second – develop; Who are you customers and what do they care about? As you think about your territory, what issues/challenges do your customers have in common? What’s a “day in the life” like for them? Do you know why your customers value you? In this phase we are asking the team to think about how they want to position themselves.

Third – communicate ; this is where channel selection fits in. Where did you decide your customers hang out? Do they find their information on Facebook and Twitter? Are they blog readers? Are they at conferences and other networking events, too? Again, personal branding is about positioning yourself as the trusted solutions provider. This step is about identifying the combination of communication channels that will consistently reach your customers and play to your strengths. Then it is about creating a publishing schedule – here is an example:

Fourth –monitor; we have them set up Google Alerts on themselves and also at every quarterly sales meeting they have to stand up in front of their peers and demonstrate their on-line brand and activity and the rest of the team scores them. And yes; I have to lead from the front. I'm coming way up the learning curve on this. Sometimes the team gives me a passing grade and sometimes they fail me. For example I have a personal blog I used to keep a long time ago; it is still up because I am interested in the type of research that people interviewing at Eloqua do before they show up but the content is really old. They kill me on that every time.

A huge thanks to Alex for taking the time to share. I do think it is important to note that Alex and his team sell to Marketers (a group that does fall into the early adopter category for social media.) A word of caution – as you are defining your approach, think about your buyers as a) people who b) want to consume relevant and useful information. Where do they go to get that information? Answer that question, invest there and you've taken Step One in your journey!

So, what do you think? How are you encouraging your team to use social media? I love Alex's online brand show & score sessions at the quarterly sales meeting. What stood out for you?

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COMMENTS

1. Most social networks are not geographically focused but most sales reps are or they focus on a set of accounts. So it's hard to channel your sales efforts to your own accounts, unless you are going to interact with a company blog of prospect. But such efforts will only matter if what you are selling is germane to blog writer and blog foucus AND whatever you're selling. 
2. Not every sales person is great writing pithy comments. 
 
So while social media is big, I'm not clear on the value to sales people in larger companies who have limited accounts. I'd be interested in how others address these two issues, 

posted @ Thursday, November 10, 2011 8:38 AM by Dave Green


Hi Trish - and Alex, 
 
This is a great example of how culture, sales and content come together.  
 
I do have a question for Alex - Is marketing involved at all for coordination of the story Eloqua is telling? If so, what role do they play?

posted @ Thursday, November 10, 2011 9:24 AM by Ardath Albee


Thanks for sharing this - interested in: 
 
1. How revenue sourcing has changed since this was implemented? Has this led to more deals or lower cost of sales? Or are you in the 'its a good idea, but we don't have enough data to know yet' phase? 
 
 
 
2. Same question as Ardath on what role marketing plays.

posted @ Thursday, November 10, 2011 10:17 AM by Brendan Wright


So, I am going to let Alex answer the question Ardath and Brendan posed but I would like to take a stab at Dave's question - great question btw! 
 
You have to take a broader view of social media for it work. At the end of the day it is simply a communication channel. I agree that if you have a specific set of accounts the likelihood that you will engage/find sales opportunities with those buyers in your territory is slim to none. But, having said that, social media can provide you with leverage/content with which you can continue to build a relationship as a trusted adviser. 
 
For example: my territory is pharma and I am focused on 20 major accounts. Via social media channels I am keeping my finger on the pulse of the industry and find a particularly relevant conversation. I can send a link to that conversation with my comments and illustrate to them that I care about their business and that I have knowledge outside of my specific product/solution set. 
 
Each sales rep needs to find a way to communicate with their buyers in as many channels as possible and this is just one. Definitely not a one size fits all strategy as we all need to play to our strengths and as you say.. not everyone can come up with pithy comments. 
 
Hope this helps!

posted @ Thursday, November 10, 2011 11:09 AM by trish bertuzzi


Ardath - great question about the role of marketing. To answer it I have to describe a bit of the evolution that I see our individuals making. After the initial trepidation about the various channels and tools, most of our teammates step in first as content aggregators. In this mode the marketing team helps quite a bit because we have a great group of content creators. But as folks progress to creating their own original content then the marketing role diminishes. Since we encourage people to discover their own personal brand, we are not having marketing shepard their work. Hope that makes sense.

posted @ Thursday, November 10, 2011 12:24 PM by Alex Shootman


Brendan, great catch. We are in the 'baseline and measure the change' mode right now. While we have anecdotes we do not yet have several quarters of benchmark in formation like we have for the rest of our revenue engine.

posted @ Thursday, November 10, 2011 12:26 PM by Alex Shootman


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