LinkedIn Works with B-to-B Social Media Marketing

Twitter processes 50 million tweets per day, more than 100 million people actively use Facebook on their mobile devices, and LinkedIn has surpassed the 60 million member mark as of December 2009. Social media is not only changing how people communicate with each other, but also reshaping the way companies market their product(s)/service(s).

But, how does social media work in business-to-business marketing?

LinkedIn may be a forgotten network, but it can drive traffic to your site or blog, help qualify leads, or expand your customer base outside of your normal demographic.  LinkedIn is a very powerful social media network.  If you are not using LinkedIn, here’s five reasons why you should:

1. Networking Potential

Twenty years ago, businesses used dictionary size directories, called phonebooks, to locate a company that may benefit from their services.  You dialed the number listed in the phonebook and you either talked to the secretary, who transferred you to a voicemail, or you were lucky enough to get through to the individual you wanted to talk to, but were quickly told that your weren’t interested. There was no chance to build a relationship with that person, or someone else in that company. LinkedIn allows you to network, share interests and helpful hints with professionals all over the world.  Whether it be over the phone, in a discussion, or simply messaging back and forth, LinkedIn can help make that initial interaction go smoothly.  Not to mention, your new LinkedIn connection can potentially be your new follower on Twitter or Facebook friend.

2. Validates Your Expertise

Many people have “guru” or “expert” in their Twitter or LinkedIn bio, and few live up to the name.  Group discussions and the Q&A forum give you the opportunity to share your expertise or past experiences that are relevant to the discussion topic or the question being asked.  Small business owners who are just starting their business frequent the Q&A forum with questions from branding to inventory management to public relations.  Taking time to answer a question may help you reel in a new client.

3. Displays Leadership

Being a follower only counts on Twitter.  Creating a group on LinkedIn allows your leadership skills to shine.  Groups are a great way to build an internal social network.  Target individuals who have a common interest and invite them to join your group. If you can’t dedicate the time to starting a group and moderating the activity, join a group and spark some interesting discussions and debates.  People want to interact with others and offer their two cents to the discussion at hand. Once people see that you are an active contributor to group discussions or news links, they are apt to view your profile to learn more about you.  If the company you work for has a company profile on LinkedIn, they’ll view that profile as well.  A little group participation can go a long way.

4. Qualified Lead Generation

Why pay for a lead list when you have a tool such as LinkedIn to assist your new business development.  I’ve had a few free trials of contact list databases and while they provide some insight to past marketing activity for a particular company, I have found LinkedIn to be more beneficial.  While you can’t view someone’s profile and know right off the bat what they are looking for, you can see who they are connected with, what events they attended recently, what groups they are a part of and if they’ve asked any questions or participated in any group discussions.  Pay attention to who has recommended them and why.  You may even discover one of your contacts or friends knows the individual you are trying to contact.

5. Inbound Marketing

LinkedIn can make your phone ring.  The more you participate, the more people in your social network trust you.  If all you are doing is posting links to your website, your chances of attracting a new customer is slim.  Going back numbers 2 and 3 above, active participation (and correct answers) displays your expertise and leadership skills.  Let your LinkedIn activity and company profile do the talking for you.  Monitor your website and/or blog analytics.  Get an idea of where your traffic is coming from. Chances are LinkedIn is going to account for at least 10%, if not more, of your website’s traffic.  Convert those visitors into customers.

LinkedIn is a valuable social media network for business-to-business marketing. The results may not come as quickly as you want them to, but building a trustworthy business relationship takes time.