LinkedIn may not be the largest social media network out there, but for businesses, it has some of the best marketing tools to ensure customer acquisition, sales and revenue boost. It may have started out as a network showcasing professionals and their resumes, but over the years, it has become a marketer’s best friend.
A study carried out by BtoB Magazine and the Association of National Advertisers demonstrated that 81% of B2B marketers use LinkedIn. And they have good reason to do so. With more than 460 million members across the globe, including executives from all Fortune 500 companies, LinkedIn has become the go-to tool to brand yourself as a thought leader, generate participants for company events, conduct market research and forge new business contacts.
ESTABLISH AUTHORITY
A messaging system is a must-have form of communication for any social media platform, but in the context of LinkedIn, it becomes a marketing power tool. You can easily establish authority using InMail—something that is especially important when it comes to building trust in client-company relationships. Without trust, there are no sales. When people reach out to you through InMail with questions, you can share your insights and advice, while simultaneously establishing yourself as an industry expert.
Planning an event? InMail can also be used to spread the word on that too. Alternatively, a status update or joining and posting on LinkedIn Groups are two other ways of keeping your connections informed of upcoming events that you and your contacts are planning to attend. It’s a great way to spread awareness so that other interested parties can also reach out. More attendees mean more prospects who are actually interested in your services.
Content in the form of a blog post is also critical for spreading the word about your expertise and products. The Blog Link or WordPress application syncs web pages with LinkedIn profiles so that recently published posts are automatically shared on LinkedIn as well. Not only will increase brand awareness and offer valuable information to readers, it will also increase traffic to your web page.
ACQUIRE NEW BUSINESS
The traditional way to acquire new customers is through advertising, a feature that is available on LinkedIn through on-site ads, sponsorships, and eblasts. The best part is that advertising can be customized to target a specific demographic. If your product is a must-need for everyone, you can direct your ads at the entire LinkedIn network.
A simple upgrade allows marketers to communicate with anyone on the LinkedIn network using InMail. This means a target audience can be identified and the leads most likely to convert can be contacted directly. That gets you one step closer to achieving your customer acquisition goals.
A report published by Marketing Profs in 2010 shared the success stories of businesses that used LinkedIn to achieve sales. “Twitter is real time, and you’re a blip on the screen,” Patti D. Hill, CEO and founder of Penman Public Relations told Marketing Profs. “LinkedIn waits for us. Like email, it’s there when you want it.”
Armed with all these features and tools, there is no doubt that LinkedIn makes the life of a marketer a little bit easier when it comes to spreading the word, making connections and achieving sales.
