Why LinkedIn should be your #1 marketing platform
LinkedIn is the #1 platform for Lead Generation according to DemandWave state of B2B Digital Marketing Report in both 2016 & 2017
If LinkedIn was a country, it is only second to China & India. With over 560 million users, it stands 3rd in the list well ahead of USA.
LinkedIn members come from 200 countries & 18 million companies. So the power of the LinkedIn platform is enormous.
In 2016 Microsoft purchased LinkedIn for 26.2 billion USD in cash.
Beyond the numbers, let’s look at why LinkedIn should be your main marketing platform!
LinkedIn as a marketing platform
LinkedIn has been traditionally thought as a platform to maintain the professional profile. Although this is true even today, B2B Digital Marketing Report identifies LinkedIn as the #1 platform for lead generation both in 2016 & 2017.
Let’s look at why LinkedIn has gained its status as the #1 marketing platform.
- LinkedIn has more than 9 billion content impressions per week. This means there are more than 9 billion views by LinkedIn users in total.
- 100 million users out of 560 million are influencers & decision makers. This means whatever you published has significant chance of viewed by people who can take a business decision.
- LinkedIn audience has two times more buying power than average web audience according to LinkedIn Audience 360 study
If you are looking to enhance your marketing and improve lead generation, LinkedIn is THE place to go.
What benefits you get out of LinkedIn as a marketing platform?
The two words answer is “cost effectiveness”.
It is said that around 10% of the total company budget is going to marketing. This money can go a total waste unless planned correctly. Below are five reasons why you should choose LinkedIn to spent most of your marketing budget.
- LinkedIn is a focused platform: You will not somebody’s vacation pictures in LinkedIn. By design LinkedIn downgrades not relevant content. Therefore your marketing messages and content has a comparatively much greater chance of reaching the target audience compared with other digital marketing platforms.
- Free marketing: LinkedIn marketing is not depends on paid ads & content. You can do posts, publish articles, make comments, send direct messages, etc. without paying a single cent. These non-paid activities will give you a huge milage in terms of lead generation & brand awareness.
- Target marketing: In terms of paid advertisements, LinkedIn has a powerful campaign manager & where you can use it to narrow down your target audience. It provides many parameters to target the exact audience you want compared to traditional marketing.
- Complete ecosystem: LinkedIn comes with wide array of tools which can be used to market product or services. For example, you can use company page or showcase pages to provide marketing content to its 563 million users. LinkedIn introduces tools such as LinkedIn forms, plugins, etc. to make the lead generation efficient. Further many third party companies have developed tools on top of LinkedIn. Further, LinkedIn creates lot of content by themselves to help businesses to grow. Example is LinkedIn for small businesses.
- LinkedIn communities & groups: LinkedIn is having a rich & vibrant communities & groups. You can use these groups to further narrow down your marketing segments and activities to have a better hit. LinkedIn official and unofficial community gatherings provides opportunities for face to face marketing.
Summary
You have higher chance of connecting to a person whom you don’t know in LinkedIn. The chance of an unknown professional in USA accepting your connection request is higher in LinkedIn compared to Facebook or any other social marketing platform.
Also the % digital marketing spending will take over the traditional marketing with in next 5 years. companies will invest heavily on digital marketing in coming years.
If you want to be in the helm of this trend and to get the best value for the money you spent in marketing, you need to make a move to LinkedIn today.
You can download our white paper to understand how you should LinkedIn for your marketing activities. Please fill in the form. At #bistec we understand this and would love to help you in your journey.
- Published in General, LinkedIn Assistant
5 things to avoid when starting an offshore engagement
Over the years, offshoring has gained much popularity in the business world as a means of obtaining services from external parties or companies based in another country. However, many companies who jump on the bandwagon with lot of expectations get quickly frustrated.
This is mainly because those companies do not spend enough time on due diligence before starting with offshore engagements. Here we list the 5 main mistakes that companies tend to make when starting on an offshore engagement, and how they often lead to its complete downfall.
1. Starting without an initiation workshop
Minimize the assumptions
One can never accurately imagine what another person needs and wants without engaging the latter in the initial stages of setting up a new offshore service delivery engagement. One of the most effective ways to accomplish this is to conduct an initiation workshop with the participation of all stakeholders.
At first, this may sound like an expensive activity, especially considering this as the start of a fresh new engagement in another country. However, this is an activity where money well spent; in that, it will save much more money, resources, time and stress in the long run.
Through brainstorming sessions, discussions, sketching, presentations and more during initiation workshops, the key factors that need to be identified are as follow.
· Primary goals and expectations
· Working model
· Key criteria for success
It is important to get all stakeholders for this initiation workshop (based on the relevance of topics discussed and the workshop schedule) from project/product owners and sponsors, senior management, key team members (both onsite and offsite) etc. The few days committed for this workshop will help identify the main goals and expectations, eliminate any misunderstandings and serious concerns that either party may have along with the assumptions that people naturally tend to make which are far from reality.
While these sessions could be held at either location, the customer’s location would be preferable for the initiation workshop because for example,
· All the stakeholders are easily accessible
· Start building a good rapport with all onsite team members
· Observe the currently in place systems and processes
2. Starting without getting involved in selecting the right team members
The customer is onsite, while you are not!
Many offshore service providers have found that it is very important to engage their customer in the process of selecting or hiring members for the team. These are the people who are readily accessible to customer’s onsite team.
We can assume that stakeholders at this point have reached a comfortable and effective collaboration model. Once the customer gets involved with selecting their offshore team and the collaboration model is in place, this helps everybody to build a good rapport and gel well with each other. This will go a long way in ensuring a successful end result for all stakeholders.
3. Starting without investing in proper infrastructure
An effective and efficient collaboration model is the key to running any successful operation today. In the context of an offshore engagement, where the various stakeholders are physically unable to meet face to face regularly, excellent telecommunication equipment must be in place to facilitate the communication process. This includes both communication hardware and software that is capable of handling large volumes of data while maintaining high quality. A high-speed, high capacity broadband internet link is of absolute need, in ensuring that voice and video conferencing can be carried out effectively.
Anyone who has participated an online video conference call will know how difficult it is to concentrate on the discussion at length. This difficultly arises as a result of the lack of face to face presence of the participants. This is an unavoidable complication in offshore service delivery model; but this is a difficulty that can and should be eased as much as possible with the use of best quality communication equipment and services that can be obtained. Such equipment includes powerful enough computers, regularly updated communication software, a sound-proof meeting room with proper lighting, sensitive multi-way microphones and sound systems in addition to a fast-broadband link.
It has been noted one too many times that many companies who go offshoring do not give the due prominence that communication equipment deserves when setting up budgets and investments for their offshore engagements.
4. Starting without budgeting for offshore team visits and vice versa
Subsequent to the initiation workshop, periodic visits between the onsite and offshore teams are vital in ensuring a successful offshore engagement. To be clear, both teams must visit each other. This gives invaluable insights on to the social and cultural differences of the other team, which would otherwise never been seen nor understood. And it is the sensitivity shown towards these differences that could help make or break the working dynamics between the two teams.
Also, in certain offshore engagements, it is necessary for the offshore team to visit the customer site and experience the use of the systems they build in real production environments other than simulators/labs maintained offshore. Say for example, if the offshore team is tasked to automate the operations of a robotic manufacturing line, then the offshore team must visit the production environments and experience how the system behaves in reality rather than only working with simulators on offshore labs.
5. Underestimating the impact to the customer organization
For those customers who are beginning their very first offshore engagement, it may not strike them as important to pay close attention to the differences that they would have when compared to the offshore team. The customer’s team would have a particular modus operandi, which has proven itself effective and is likely to think that there is no need to tamper with a system that already works.
While this may well be true, it does not mandate that the same modes and methods would work for the offshore engagement as well. The workings of two different nations will always have their differences. A simple example would be around national and religious holidays in each nation, and how team members celebrate these events. For example, in Myanmar, the water festival held in April is the country’s biggest festival. Three days of holidays are declared, during which it is near impossible to expect anyone to be available for any kind of work. It is important then, for both the onsite and offshore teams to be aware of this, and ensure that work, calls, meetings, reports etc. are planned well in advance or beyond these holidays. The mid April new year celebrations in Sri Lanka is a similar example.
In addition, it’s important for the onsite team to understand how those of the offshore team address their work ethic. Should any differences arise, it is important to carry out discussions and orientation trainings in order to agree upon a common working model that is agreeable to both.
Conclusion
A little advance planning and preparation can go a long way in ensuring that working offshore becomes beneficial to all parties concerned. While none of the factors listed above are of technically complex nature, they are crucial soft components that must be addressed, and periodically monitored in order to make sure that all stakeholders benefit from any offshore engagement.
Do you agree? Would like to hear your thoughts as well.
- Published in General
What has Sir Isaac Newton said about modern day marketing techniques?
Well, nothing really. 🤔
The great scientist is credited with developing the most fundamental theories in physics and mathematics which have tortured secondary school children the world over for well beyond his lifetime. 😔
He defined 3 theories in physics. The 3rd of which states that “every action has an equal and opposite reaction”.
Now, this is not only true in physics, but also in the more emotional spaces of life. And here we apply this theory to a new age of effective marketing and advertising.
Enter LinkedIn!
LinkedIn is a professional social network. The strength of your network will depend on the material you create and share, how you comment, like, and get involved in the content and updates posted by others in your circle. This is engagement. Engaging with your network of contacts on a regular basis is crucial for being relevant on LinkedIn. Engagement must be thoughtful, useful and non-intrusive. 🤔
In a similar vein, when one attempts to converse about a product or service of their own, engagement comes in to play once again. Introduce, explain and talk about what you have to offer in a manner that will make your network take note. When executed tastefully, your followership will automatically refer you to the people they know who might need the product or service that you have to offer. 📦
Marketing on LinkedIn differs from doing so on Facebook and Google.
Similar to FB & Google, on LinkedIn too, one can publish advertisements. However, they are significantly more pricey when compared to ads published on Facebook and Google. By engaging with one’s network upon a footing of authenticity and thought leadership, the products, and services that you have to offer can be brought to light in a more endearing manner. 💍
Thus, it is not essential to spend on publishing advertisements, whether in traditional media or online.
Instead,
- Build up a good number of followers
- Be visible by means of posts, comments, likes, articles, etc.
- Take care not to spam those on your network
- Be of assistance to those in your network. Should someone ask for help, do your best to be of help.
- Not be afraid to ask for help as well.
- Offer your product or service, but don’t overdo it.
And it is to generate leads via LinkedIn, you should build up a good number of followers.
Be visible by means of posts, comments, likes, articles, etc. Take care not to spam those on your network. Be of assistance to those in your network. Should someone ask for help, do your best to be of help.
Not be afraid to ask for help as well. Offer your product or service, but don’t overdo it.
Here that we bring in Sir Isaac.
If you help another without any hidden motives, you will one day be helped in return. This is a form of action and reaction in human behavior. There are many professionals who have skillfully harnessed the power of LinkedIn to work for them in bringing awareness to a new product or service that they have to offer. It is critical to remain connected to your network, where ideally, a predefined amount of time is dedicated to being on the network and taking part in the conversations of others.
This method of marketing revolves around you as a professional in the field, and your success will depend largely on how much you engage with your network. Through your own knowledge and experience regarding your product, you should project yourself as a credible industry expert who will cut through the “noise” and offer something worth listening to, and worth talking about. You would then have become a “Thought Leader”. Through your influence, those who engage with you will, in turn, spread your word to others in their respective networks.
Word of mouth is, after all, the most authentic form of marketing, as this comes with no hidden agendas or gimmicks. It works.
But, careful curation of your time & expertise spent on your professional networks will always form the backbone of your marketing strategy. Make it count!
- Published in General

9 reasons why your business need “Extended Teams”
- Published in General
The Social Glue in business?
Think of the teams that you have worked with throughout your work life. Have you come across people who keep or who contribute more than others to keep you together making the them a cohesive part of the job at hand which helps to achieve the 1+1 > 2 phenomenon? this would be a type of social glue !
Thinking and reading more about the subject it is evident that this it is the same phenomenon that large cooperates try to mimic in the tools they use or on the other hand, collaboration products try very hard to build in to their systems.
These traits have been used in some of the tools out there that are marketed to cooperates for better communication in an enterprise. There by creating the social glue that can feed the enterprise in order to have better cohesiveness. The focus of this article is more on the human aspects of the “Social Glue” rather than the tools or products.
What is Social Glue in Business? In the human aspect!
It can be defined as the ability to take all the individual parts and stick them together as one single vehicle taking the whole Team/Social Group/Company forward at the same speed.
Take the example of a 4-member team of developers. One is a lagging behind not really contributing to the team and almost anti-social. One was a good performer previously and now unfocused. The third is a performer. The forth is the glue we are talking about in this article who is also an excellent performer.
The velocity of this team would be at its slowest member there by making the team under preforming.
The 4th member (The Glue) has an outcome to be achieved and without the first and 2nd members contribution, he would not be successful. He uses his relationships to either get this person inline to achieve the outcome at hand or to take out the member form the team or try hard to. He does it with all his hart and to make the first two members realize the required changes they need to make. The important fact is that he tries to get them inline and failing which take them out of the team to achieve the outcome.
This trait in a person requires the following fundamental behaviors that lead to a high-performance team.
Unconditional trust
Trust is sometimes over rated. Unconditional trust seems a big no no ! In the face of competition in an organization the ability to trust someone seems a bit far fetch leave alone being unconditional. Therefore, it is the main ingredient that leads to someone being the social glue in a business.
Focusing on each other strengths
Having led several cooperates I know how it feels like when people focus on your weakness. The ability to focus on strengths is a must if you are leading teams there by complementing each other to form the glue that cause the teams to function as one.
The service mindset
To be of service to others comes at a cost. Some think you are week and some unprofessional. However, if you look at your job as; to do grater good regardless of the consequences ! This is what I define as the service midst or to be of service to your fellow colleagues.
The ability to forgive
People make mistakes linking up to the second point here being able to move on and learn is extremely important. Sometimes we discount people and behaviors to only the negative side of things. Being the social glue requires a high degree of the ability to forgive and try continuously.
In conclusion all business have and develop these personalities as groups and individuals it is the duty of the leader to identify and mentor these people or gorps and create more glue. Tools can take you a certain distant but these people with the aid of the tools are the ones who really make a difference in a Business !
- Published in General