Strategic insights into audiences

Many organisations are awash with data but do not know what to do with it. I hear from many business leaders that leading consultancies are guilty of not giving clear, concise advice for some reason. The business leaders bring in consultants and they will give a really good blueprint, but what they need is clear actionable advice that they can use immediately.

I take a more holistic view of research, after studying the Law of Large Numbers, I know the algorithms work. The ability to take huge amounts of data from people who think that they are acting independently but actually you can start to predict what they want by using the Law of Large Numbers, for example, Spotify predicts quite accurately your music and Amazon are excellent at predicting products that you also need. The more information you give to AI the better it will get.

A good example of a company who looks outside of the data for their competitive advantage is Patagonia. Patagonia have a genuine interest in their customers and what their customers want, what inspires them and what's affecting their lives. These things are becoming more and more of a competitive advantage, and I love Patagonia’s value-based business model and the fact they say “No!” to Black Friday. 

Pick your own truth

I think that there are two ways to create new economical value. You can either find out what people want and work out a clever way of how to deliver it to them. Alternatively, you can work out what you can deliver and find a clever way of how to make people want it. And the economic value created by these two things is just as great either way, even though they may be opposites of the same coin. 


Marketing and advertising are two different things, and a simple way to test it - Would they miss you if you were gone? Most advertising does not pass this test! With marketing we communicate to people in ways they want to be communicated to and this is more valuable than “stuff”. A good example would be Amazon, as Amazon’s value is not based on their inventory, there value is based on the millions of people around the world who want to hear from them.


Marketing is fuelled by adrenaline, it’s fuelled by urgency and emergency, in the majority of cases we are not given the time to do it correctly but we have time to repeat it. We usually overcome our fear by creating an emergency and this endless emergency is caused by the fact that we are not patient in working our way to a place of relevance. I think that patiently building an asset is probably the single most overlooked thing that marketeers fail to do. I don’t think this requires a method, you just need to care.

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What Do You Know About Social Selling? Q&A with Tim Hughes

Image: Alex Low

Marketing guru, Seth Godin once said, “Build it, and they will come only works in the movies. Social Media is a ‘build it, nurture it, engage them, and they may come and stay.’" This week’s Q+A is with Tim Hughes, who is universally recognised as one of the world’s leading pioneers and exponents of Social Selling and he is currently ranked Number 1 as the most influential social selling person in the world. Tim was responsible for a large-scale sales transformation within Oracle which resulted in excess of $100m in sales uplift, and he is currently leading the sales transformation programmes at Avaya, Thomson Reuters and Pitney Bowes and is the co-founder and CEO of Digital Leadership Associates.


1. What are the industry trends affecting your business?

Currently, the internet and social media are the biggest factors in the area where we work. In September 2017, We Are Social and Hootsuite research figures showed that 51%, 3.8 Billion of the world's population are on the internet and 41% of the world's population, 3.1 Billion is on social media. I think for all of us, whenever we want to purchase some goods or services regardless if it’s a small value or a $200 Million outsourcing deal, we start the search online and we do this without help from any supplier. In fact, we do this in salesperson avoidance mode. CEB, now Gartner research shows that in fact, most people are 57% of the way through the buying process before they make contact with a supplier. What we are finding is that most prospective customers are using the people’s online presence to in fact deselect, not select a vendor. This buyers market and dysfunction in the buying process are problems for companies of all size, in all markets.

My business partner, Adam Gray and I spotted this when we started Digital Leadership Associates (DLA) 13 months ago and we have created workshops, programs and a methodology to help companies support a move to use social media internally and externally. This is at a strategic level (Board/C-Level), as well as a departmental level, for example, Sales, Human Resources (HR), Procurement, Supply Chain etc. Our “poster child” for this is our globally acclaimed, social selling program. This enables salespeople (in fact all employees) to understand this buyer dysfunction and the tools and processes to support this.
 

2. What are you doing now that you feel good about? Is there anything that you could be doing better?

I started this journey 5 years ago when I managed a sales transformation project at Oracle Corporation, where we transformed salespeople from “on-premises” sales to one of “SaaS” to meet the change in the market. This involved, teaching salespeople to throw away PowerPoint and use whiteboards, how to story-tell as well how to use social selling. During this project, I started blogging about social selling, then I got a book deal, and my book (On Amazon) “Social Selling - Techniques to Influencer Buyers and Changemakers” went into the Bestseller List during pre-sale. 13 months ago, my business partner and I left Oracle to set up Digital Leadership Associates (DLA) www.social-experts.net and we haven’t looked back. We love the fact that we are making a massive transformational change to our clients, not just in terms of return on investment (ROI) but in the way companies go-to-market and react to the buyer dysfunction made in answer 1.

While we are doing projects in the UK, we have a number of global companies who want to transform using social media, both globally and at a local level. Global consistency, but with localisation. Having created a unique set of intellectual property rights (IP), we are now in the process of signing up global resellers. Our first one is in North America, but we are currently looking for partners in all countries. This is a huge opportunity as all the buyers are on the internet and social media, this fundamentally changes the way every company markets and sells in the global marketplace.

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3. When you start a new project, how do you set yourself up to win?

We set ourselves up to win, by providing a change methodology to the client that has a proven track record. We also understand that each company is different, so we research the new client and understand their business and markets, which enables us to fine-tune our methodology to their unique requirements. Built into the methodology are the measures and Governance so we can track “as is”, work out the milestones and set targets for “to be”.


4. We know that feelings and emotions drive human behaviour, but why do you think that storytelling is a powerful tool to build culture?

Storytelling is always powerful as we show our audience a metaphor that they can all relate to, "by putting yourself in the shoes of your client or prospective customer". It is great for taking a complex idea and turning it into something that people can understand.


5. Based on a prism of what’s working and what’s not from the customers’ perspective, how can your organisation realign to meet your customers’ needs?

We have decided to focus totally on social media as an organisation. Unlike the traditional full spectrum marketing agency that does websites, search engine optimisation (SEO), Pay Per Click (PPC) Advertising, PR and are a jack of all trades. While we know about these subjects, it’s not what we focus on, and this is our strength as our methodology allows us to align with our customer's needs and business issues.


6. How does trust relate to the customer experience and customer relationships? And what about its impact on employee engagement? 

Trust is central to the way Marketing and Sales work today. Who do you turn to when you want to buy something? Your friends, your family and your network! The problem is that every supplier says they are the best, so much so that most corporate marketing today is just lost as noise. The fact of the matter is that nobody cares about your company and it’s products. There is an old saying that “people buy people” and they do. Which is why it is critical that you enable your salespeople and your employees to be the “experts” that people turn to when buying. In the past, we often spoke to people who said, “I wished I had spoken to you last week, as we have just purchased something”, social media enables you to build trust so that you increase your chances of that serendipity moment.


7. How do you use customer experience in the battle to win the hearts and minds of your customers?

We talk about the issues we are seeing in the market in the blogs we post http://www.social-experts.net/blog/ we have now posted some 100 blogs. These all take a business issue and then how we can solve it. Focusing on people, process and strategy rather than tools. We hope this creates a vision for our clients that they can see we can make an impact and enable them to get more leads and meetings than with the tools they used in the past, e.g. email marketing, advertising or cold calling.


8. In your experience, are external consultants better suited to engage employees in dialogue when discussing risks and benefits of customer experience management?

We think that external consultants are ideally placed to help a business, but then again we are biased. We often see, well-meaning people, trying to help people with social media, but it not really moving the needle. For example, we often hear about a person that found a Hubspot article on social selling and think that by working through it they become a social seller, or by reading my book is enough to become a social seller. If I get a book on judo and worked through it, I would get a good idea, but if I went into a judo fight I would lose. Here at Digital Leadership Associates (DLA), we help our clients understand buyer dysfunction and help them use social media (LinkedIn, Twitter, etc) as proactive methods to enable them to get leads and meetings. It’s worth saying that as an organisation we make no cold outbound, in fact, all our business comes from inbound. The opportunity to write this article came from inbound, this is what we teach our clients. There are a lot of people out there searching on social media and we help them find you and engage with you and they will only do that if you “appear” on social media as a trustworthy person.


9. Engagement is a challenge, but in your opinion, when you bring the suggestion to hire an external consultant to your bosses, what questions do you expect them to ask? 

You say in your question that engagement is a problem, is it? The world has changed, engagement is a problem because most sales today are started via cold outreach. You are just another supplier and nobody trusts you. The great thing about social media and social selling is that people find you, if they trust you, then they will contact you. It is then about empowering people to buy, closing is dead, it’s all about empowering!


10. If your boss asks – “What extra value will this service bring?” How will you prepare for that from a business justification stand-point?

If a boss asks about “what the value will this bring” we will show the current return on investment (ROI) our clients are getting. We totally understand this question as most consultants work similarly on ERP or CRM projects - let’s take what we have and make it more efficient. This is great and you can, of course, run projects like this, as it assumes you spend to save and what you save is profit. Our social selling and methodology are different, as while we will get you efficiency savings, this is all about creating incremental (new) revenues for our clients.

Thanks Tim for taking time to answer my questionnaire, I am humbled and extremely grateful for your engagement.

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