How to Prospect for New Business on LinkedIn

Watch this video for a step-by-step guide to building up your propinquity and contacts in your sales territory.

For help in building your connections for you and generating leads for you using LinkedIn, fill out our contact us form and will we send you further information.

Prefer to watch the tutorial on YouTube? Click here.

HOW TO PROSPECT FOR NEW BUSINESS ON LINKEDIN - VIDEO LINK
https://youtu.be/Qwj5SJNkxAY

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Propinquity Calculator

If you are in business-to-business sales (B2B), then you likely have a LinkedIn account. That’s because, in the USA, there are currently 163 million LinkedIn users (as of 2/3/2020).

But how do you compare to your peers? What is your Propinquity score?

Use this calculator to calculate your score using the data directly in your LinkedIn account. Below we will provide a step-by-step explanation on how to source the data and calculate your propinquity score.

PROPINQUITY SCORE

Enter the data in the fields below. If you don’t know where to get the data, see below for a step-by-step guide.

PROPINQUITY CALCULATOR – CALCULATE HERE

Need Help Finding the Data? How-to Guide:

Total Connections on LinkedIn

The average CEO has 950 1st level connections on LinkedIn. How many 1st level connections do you have?

Find out how many connections you have by logging into LinkedIn and clicking “Home” on the top bar.

LINKEDIN TOP MENU - HOME

In the top lefthand corner, you will see your profile photo and the number of connections you have.

LINKEDIN HOME - NUMBER OF CONNECTIONS

The other place you can look is by clicking My Network on the top bar.

LINKEDIN NAVIGATION BAR - MY NETWORK
MANAGE MY NETWORK - LINKEDIN NAVIGATION - 8,593 CONNECTIONS CIRCLED

Enter the Total Connections on LinkedIn here

TOTAL NUMBER OF CONTACTS ON LINKEDIN

1st Level Connections to Key Decision-Makers in APR

What are 1st level connections? These are people who you have invited to connect, or they have invited you to connect, and are now able to see your posts, updates, contact details, and interests on LinkedIn.

To identify the first level connection to whom you are already connected, perform a search within LinkedIn. Define your sales territory by selecting a geographical location. Define your target industry by selecting the industry.

LINKEDIN PEOPLE SEARCH FILTERS

For a shortcut, click on the logo below:

linkedin 1st level connnections

Enter the data here

1ST LEVEL CONNECTIONS DATA - PROPINQUITY CALCULATOR

2nd Level Connections on LinkedIn

What are 2nd level connections? These are LinkedIn users who are connected to you 1st level connections, but are not yet connect to you.

Using the same filtering criteria, change your connections type from 1st to second (de-select 1st, and click 2nd). Or you can click here. Be sure to open the “All Filters” option and select location and industries.

LINKEDIN 2ND LEVEL CONNECTIONS

Enter the data here

2nd level connections on LinkedIn - add data

PROPINQUITY SCORE

The calculator will now show you your propinquity score on LinkedinIn. Bookmark this calculator and revisit your score on a monthly basis. Compare yourself to your colleagues and the scores you have achieved in the past.

YOUR PROPINQUITY SCORE ON LINKEDIN

Compared to the Average LinkedIn User

The Propinquity Calculator also calculates whether you number of connections is greater than the average user, or less than the average user.

By the way, 100% = average the average user’s number of connections. If you are above 100%, you are above average. If you are below 100%, then you have some room to grow.

Average number of LinkedIn connections score

Learn How to Prospect for New Business on LinkedIn Like a Pro

To learn how to prospect for new business, watch this video.

HOW TO PROSPECT FOR NEW BUSINESS ON LINKEDIN - VIDEO LINK

Interested in exploring Narrowcast Marketing? Want to learn more?

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Set a time with us that works for you to review what we do, and how we do it, and see if there is a fit.

What is Propinquity?

PROPINQUITY - CLOSENESS OF TWO BUSINESS PROFESSIONALS SHAKING HANDS

The goal of digital marketing is to create propinquity. That means you are creating positive brand exposure. This could be for both your corporate brand as well as your personal brand.

Propinquity is a term that comes from the Latin propinquitas which means “nearness”. In social psychology, it is one of the main factors that lead to interpersonal attraction.

For Marketing purposes, we use the term to refer to the familiarity generated through the ever-presence of a brand. There is a comfort created by exposing customers to a brand regularly. Think about large brands that sponsor sports teams. Their goal is to create comfort with a brand versus trying to sell anything specific.

In Sales, propinquity is the key to generating trust. Some industries require their sales team to make regular visits bearing donuts. In business-to-business sales, at a minimum, a Sales professional needs to keep a list of his/her top 20 customers and top 5 prospects near his/her desk. Making regular calls, sending personalized emails and visiting once a month is key.

Propinquity in Sales is where narrowcast and broadcast marketing intersects. If broadcast communication is advertising and narrowcast communication is one on one, belly-to-belly meetings, then propinquity in Sales is achieving familiarity and branding through one-on-one communication regularly and reliably.

Propinquity Best Practices – Top 10

Here are some best practices to achieve Propinquity in Sales.

  1. Create a “Defend” list of your top 20 customers
  2. Consciously send them a personalized communication every month at a minimum
  3. Make it your business to know when their birthdays are, and send them a simple note to wish well once a year.
  4. Send a note for all job promotions and work anniversaries.
  5. Endorse them personally for their top 3 skills on LinkedIn.
  6. Write a sincere recommendation.
  7. Engage in value-added content on LinkedIn by liking, sharing, and commenting.
    • Stay away from politics.
  8. Send a handwritten thank you card after key meetings.
  9. Put brochures in the mail quarterly
  10. Send “Did you know” emails monthly building awareness around all the products and services your company offers.

How to Create Propinquity with Defend Customers

Each Sales professional should have a list of his/her top 20 customers at his/her desk. These are customers from which 80% of their annual business comes. It is important to stay in front of your most valued customers. If you are not creating propinquity on a regular schedule with those who are responsible for your paycheck, you are risking losing the customer to your competition.

See below for a general guideline on creating propinquity with B2B Defend customers.

Propinquity – Defend Schedule

ACTIVITYWEEKLYMONTHLYQUARTERLYANNUALLY
LinkedIn Post Engagement 3 times
Phone calls X
Emails X
LinkedIn Messaging X
Product Postcards X
Brochures X
Greetings Card X
Birthday Greeting X
Line Card X
LinkedIn Skills Endorsement X

Creating Propinquity with Attack Customers

Every Sales professional, in addition to having list of (20) Defend customers at his/her desk, will also have a list of (5) Attack customers. These are the customers one’s competitors value most dearly. If you are a market share driven industry, it crucial to growing your customer list by targeting your competition’s Defend list.

Here is a guide on how to achieve propinquity with your competitor’s most valued customers.

Propinquity – Attack Schedule

ACTIVITYWEEKLYMONTHLYQUARTERLYANNUALLY
LinkedIn Post Engagement 3 times
Phone calls X
Emails X
LinkedIn Messaging X
Product Postcards X
Brochures X
Greetings Card X
Birthday Greeting X
Line Card X
LinkedIn Skills Endorsement X

The Challenge of Being a Sales Manager

In addition to hiring talent, training them, measuring performance, and celebrating the high-performers, one of the key responsibilities of every Sales manager is to ensure each Sales professional engages in propinquity inducing narrowcast communication with his/her customers. This can seem exhausting and sometimes overwhelming.

Many times, Sales professionals do not recognize their own lack of propinquity. A lack of awareness will usually lead to a lack of commitment to changing their communication approach.

Increase Communication for Increased Sales Results

Show me a breakdown in performance and I will show you a breakdown in Communication.

Sales managers, when coaching Sales professionals under her care will often hear, “I am too busy. There are not enough hours in the day.” Trying to change communication habits in the face of such resistance can be challenging to say the least.

In these situations, the Sales manager can feel stuck. S/he knows that the key to increased performance is increased communication, but s/he is met with an unwilling or incapable Sales team in changing the communication status quo. Frustration or apathy ensues.

Sales manager frustrated with her head down on her desk
It can be frustrating. We are here to help.

Need Help?

Lean Inc. specializes in helping business-to-business Sales professionals create propinquity, using our narrowcast communication tools. We have the experience of knowing how difficult coaching Sales professionals to embrace communication best practices can be.

That is why we advocate for Sales Managers to remove the burden of propinquity from their Sales team’s shoulders and perform the customer engagement for them.

Lean Inc. provides highly customized, and narrowcast B2B customer engagement for the Sales Professional. We stay engaged with the customer so that the Sales professional can concentrate on closing deals.

WATCH OUR VIDEO: Sales Engagement

To find out more, schedule a meeting with us by clicking below.

Lean Lead Generation

Set a time with us that works for you to review what we do, and how we do it, and see if there is a fit.

LinkedIn Narrowcast Marketing Best Practices

two people meeting one-on-one

Broadcast marketing is advertising, newsletters, and billboards. It works for building the brand. Salespeople need and want a strong brand, but what they really care about is LEADS.

In Sales, narrowcast marketing is what counts.

What is narrowcast marketing?

Narrowcast marketing is one-to-one communications. It is picking up the phone and having a conversation in which you listen for opportunities. It is sending a carefully crafted email or a message through LinkedIn.

Follow these LinkedIn narrowcast best practices to generate leads:

  1. Search for and view up to 100 new targeted contacts in your APR every day
  2. Make connection requests to up to 30 decision-makers every day
  3. Send new connections a request for them to follow your company page
  4. Send birthday wishes, work anniversary greetings, and new job greetings daily
  5. Endorse your new contacts for the top 3 skills and talents they have
  6. Send up to 50 messages polling for interest in the various products and services your company offers
  7. Send emails to your LinkedIn contacts’ email address and attach brochures

Engage in these best practices every day. If you need help doing this daily, speak to us about performing the narrowcast marketing process for you. The Sales professional only needs to respond to LinkedIn messages when a customer requests a proposal. No software to run, no configuration.

Want to Learn More?

If you are curious about how we would tailor a narrowcast marketing solution for you or your Sales professional and you are ready to meet, click the link below.

Lean Lead Generation

Set a time with us that works for you to review what we do, and how we do it, and see if there is a fit.

LinkedIn Best Practices How-To Video

Here are some best practices when looking to building a prospect-rich network of contacts. If you are in Sales and want to grow your pipeline and increase market penetration, LinkedIn is the perfect place to start building B2B relationships.

Watch this short video for a step-by-step guide to using LinkedIn to its fullest.

For help automating the process of narrowcast marketing using LinkedIn, fill out the form to the right and Lean Inc. will assist in building your network and quote log, or you can schedule time with us directly below.

Learn More About LinkedIn Narrowcast Marketing Solution

If you are curious about how we would tailor a narrowcast marketing solution for you or your Sales professional and you are ready to meet, click the link below.

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Set a time with us that works for you to review what we do, and how we do it, and see if there is a fit. https://letsmeet.io/simonwalker2/discussion