Tuesday, January 22, 2013

Scaling Social Media Selling - Online Marketing Blog

social salesInterest in scaling social media sales has increased significantly over the past year and in 2013 it be even more so. ?Organizations of all types and sizes are coming to terms with the need to better monetize their investments and one of the most compelling opportunities to do so is through helping sales leadership develop their personal brands online.

It?s understandable why: A recent study reported on by eMarketer?indicates that 67% of BtoC marketers and 44% of B2B marketers saw leads generated through social media channels.

Many companies are investing in social media listening for things like buying signal keywords to engage with prospects and creating content specifically to address the kinds of questions that lead to inquiries. However, there?s only so much a community manager or social media strategist can do.

In situations where organizations have sales teams that are not kept entirely busy by the marketing department, (shame on you!) some of the more enterprising sales and account executives will create social profiles and even blog.

Establishing an online presence to build their personal brand amongst a community of prospective customers can help them stand out and attract new business. For the right kind of sales person, building up individual brand can be instrumental for creating awareness that lowers barriers and facilitates reputation, credibility, trust that result in shorter sales cycles and an increase in inbound inquiries.

When sales organizations can facilitate this activity so that it helps individual sales executives build their online footprint at the same time as building trust in the overall brand, then it?s a win all around. People buy because they like you and what better way to communicate personality and ?likeability? than through useful social media engagement?

As our agency works more and more with companies on content marketing strategy that impacts revenue, interest in helping sales executives undertand how content and social media can increase individual sales has become increasingly important. Here are a few steps to consider for doing that.

Understand the importance of a social presence in your industry ? Leverage social media monitoring, customer surveys and industry research to get a broad view of what role social media plays in the brand and prospect relationship. Talk to social savvy sales people to get their first hand perspectives and ?identify what?s working.

Conduct a self-assessment ? While marketing should have a benchmark for the overall brand, it?s also important for the sales organization to determine the current social and online content participation of individuals. Who has profiles and how are they using them?

Embrace a model to attract, engage and convert ? Provide sales teams with the ?why? of using social media and content. Set expectations for time investment and time to see a return. A model that shows a path for social sales development and what that means for individuals will be instrumental for identifying training and successful implementation.

Identify tools ? Efficiency and scale are essential for effective social selling, so identifying tools like blog publishing platforms, social media monitoring and promotions will be important.

Understand social audiences ? Social listening and community participation will provide insights but helping sales executives see both short term engagement opportunities as well as long term nurturing will help avoid scenes like the?biscuit?in Tommy Boy.

Being useful is the most valuable sales tactic on the social web, not explicit sales pitches. ?By figuring out how your target audience discovers, consumes and acts on information through the social web, you?ll be able to connect and build trust more quickly. This kind of connection is about being genuine, relevant and timely to build trust.

Create a personal brand content plan ? With an understanding of why and what, the how for building a personal brand online is an important next step. ?Think about what you stand for. ?That?s your brand promise. Then follow through on that promise with useful, relevant and timely content. ?Doing so will build trust that?s?contagious

Practically, the hub and spoke model works as well for individuals as it does for companies overall and making a connection between personal brand building and that of the overall organization is key. ?This plan covers topics, keywords, types of content, social networks, promotions and engagement tactics. ?It also identifies the content that the brand can create to be repurposed ?by sales teams for congruent messaging and efficient content marketing.

Monitor success and optimize performance - Leveraging social media monitoring tools, web analytics and the sales performance data that comes from marketing automation services can all provide?crucial?feedback for social sales performance optimization. It boils down to: knowing your target audience interests/pain points/goals that are solved by the solution you?re selling.

Be the ?best answer? for information on those topics in a way that attracts mentions, social shares, links and discussion. The result will be prospects seeking you out more than you scrambling for where your next customer is going to come from.

There?s a lot more to a framework for enabling sales organizations with individual content and social media plans that are good for both individuals and the overall brand, but these are some important considerations to get started. ?Everything from where to find the time to create content and engage on social networks to addressing the fear of a sales person publishing things they really shouldn?t can be addressed with the right plan and resources.

Here are a few practical?social media tips for sales people that want leverage social media to build their personal brand online.

Every organization will have a few cowboys (or cowgirls) that go off and do their own social media thing. ?But a smart and adaptable social content plan plus good training can empower entire sales teams to scale a company?s social media sales efforts and boost performance of both individual sales executives and the overall brand at the same time.

Does your organization enable sales execs with blogs, or social media sales training? If you work for a business in a sales executive capacity, does your company support social media and content publishing by the sales organization?

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Source: http://www.toprankblog.com/2013/01/scaling-social-media-selling-7-steps-to-building-trust-credibility/

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Legal Shelf Company ? LLC Basics for Foreign Investors

A Limited Liability Company, or LLC, is a legal structure that provides asset protection and personal liability protection for its owners. It is available to use in all 50 states. When you hold assets in a U.S. LLC, and the LLC is sued, your personal assets held outside of the LLC are not at risk.

Holding real estate inside of an LLC is an excellent way for a foreign investor to both protect their US assets, as well as enter the US tax system easily. Having an LLC allows you to jump to the head of the line in terms of applying for your US ITIN (individual taxpayer identification number). In turn, your ITIN allows you to avoid the 30% flat tax you will otherwise pay on your US-sourced income.

You can own multiple LLCs, if you have a lot of properties, or you can own just one LLC and put multiple properties inside it. Each has their own advantages. It is certainly simpler and more economic to have just one LLC. There is no bar on where an LLC may own property, so if you have properties in two or more states, you can use the same LLC to hold your ownership.

On the other hand though, holding all of your US properties inside one LLC can have some risk, too. If someone wants to sue the LLC, as owner of a property, then everything else the LLC owns is also potentially at risk. Having multiple LLCs can be a safer bet, as something that happens inside one LLC stays there. Even if you may be the only owner of multiple LLCs, that doesn?t mean someone suing one LLC has the right to sue the rest.

Additionally, if you have multiple properties you can protect them by holding them in separate LLCs. In the case of the story told a few pages ago, if the owner had held each of his apartment buildings in a separate LLC, the risk would have been much less for his assets.

The US tax and legal system is complicated. That?s why you need a powerful and knowledgeable ally. With LegalShelfCompany.com, you don?t have to worry. We can help you through the tax, legal and other requirements to holding and operating US property from overseas. To learn more, pick up our free eBook, Buying US Real Estate: What Foreign Investors Need to Know or watch our FREE webinar at www.legalshelfcompany.com/international


Source: http://www.legalshelfcompany.com/international/blog/llc-basics-for-foreign-investors/?utm_source=rss&utm_medium=rss&utm_campaign=llc-basics-for-foreign-investors

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THE RESET: Obama now must move on 2nd-term agenda

President Barack Obama now faces the heavy lifting of trying to move ahead on the lofty second-term vows and declarations he laid out in his inaugural address.

He presented a muscular retooled agenda that includes addressing climate change, controlling health care costs, advancing gay rights and tax fairness, overhauling the immigration system and curbing gun violence. And it comes amid a series of looming new fiscal fights.

The president will outline specifics in his State of the Union address Feb. 12.

The day after his second and final inauguration, Obama on Tuesday attended the National Prayer Service at Washington National Cathedral. He did not speak.

He and first lady Michelle Obama also were to preside over a final inaugural ball in the evening for White House and campaign staffers. It was to feature singer Lady Gaga.

Meanwhile, the House is to vote Wednesday on a GOP leadership-proposed measure that could keep the government ? temporarily ? from running out of borrowing authority.

The government already has hit its $16.4 trillion debt ceiling, and Treasury Department officials say ways to pay all the bills will be used up as early as mid-February. The congressional measure would suspend the debt ceiling until May 17, and it appears to have wide support in both House and Senate.

Meanwhile, leaders of both parties are urging political reconciliation.

Senate Majority Leader Harry Reid, D-Nev., denounced the "sharp political divides" of the last Congress and said in a Senate speech that he hoped the new 113th Congress "will be characterized not by our divisions but by our renewed commitment to cooperation and compromise."

Senate Minority Leader Mitch McConnell, R-Ky., said, "Republicans are eager to work with the president" on achieving common goals. And House Speaker John Boehner, R-Ohio, said it's time to "renew the old appeal to better angels."

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Follow Tom Raum on Twitter: http://www.twitter.com/tomraum

Source: http://news.yahoo.com/reset-obama-now-must-move-2nd-term-agenda-175037411.html

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